EEconomy

This is Possible

  • September 28, 2024



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Big thanks to u/20Caotico for the artwork!

https://i.redd.it/f3ksmazywkrd1.jpeg

by sillychillly

37 comments

  1. A reasonable future for workers could look like: a living wage, 6 weeks of mandatory vacation, a 30-hour work week, and paid parental and sick leave & balancing executive-to-worker compensation.

    Which of these do you think is the most important to fight for first? Do you think these ideas are realistic, or are we too far from making this vision a reality?

  6. They are importing low skill, low wage workers by the millions to fill positions….

    But somehow we’re supposed to cut the work week by 1/4th, and give out lots of other expensive benefits.

    Someone can’t do math.

  7. Wow. We’d accomplish nothing as a society and sooooo many people would suddenly be sick forever. New illnesses would be invented

    I’d absolutely vote against these except executive to worker compensation balance to some extent…. And raising minimum wage and then tying minimum wage to CPI.

  8. I have all of these things apart from 12 months paternity, but do have 6 months full pay paternity which I think is very fair.

  9. Is this for America? If yes, forget it. Although, it is doable but corporate greed will never allow it, unfortunately.

  11. You can start a company and pay people however you want. Like 3 year parental leave, 20 hr work weeks, and 24 week vacation. That would be even better!

  12. Only the richest corporations in the world would be able to afford to pay their workers this. Left-wingers are now arguing to dismantle all small and medium sized businesses.

  13. I think all workers would LOVE to have these benefits… but I’m not too confident it would realistically feasible to the brute reality of every industry or company.

  16. I know it’s a very low percentage of people that get paid federal minimum wage, but it would be wild for someone to be able to support themselves on it working full time hours anywhere in America.

    Week: $7.25 x 30 = $217.50

    Month: $217.50 x 4 = $870

    Year: $217.50 x 52 = $11,310

  19. I love all of these, except the unlimited sick/disability leave. As someone who works in HR for a medium sized U.S. tech business, I can’t tell you that the number of new sales employees we get who go out on leave in their first 1-6 weeks, taking advantage of the generous policy we already have in place, is a nightmare. Our leaves TPA has gone from $500K in annual cost to $1.2million. We had to look for a new TPA for next year; and now we’re switching to save $200K, still paying $1 million to the new vendor, doubling our previous annual costs. It’s incredibly easy to take a leave of absence and get it approved by a doctor. These folks go out for anything from stress, headaches and blurry vision when looking at their computer. But it can be financially draining to a company if that leave can be approved for an unlimited amount of time. So I agree leaves should be expanded in some way, but not indefinite. That doesn’t make business sense, especially for smaller businesses.

  20. As a small business with 9 employees, 3 of whom have had children in the last year, how would this work? They take a year leave, I hire 3 news guys to cover. What happens when leave ends and I’m overstaffed by 3 guys?

  22. We have almost everything mentioned here in the Netherlands. However a fulltime work week is 40 or 36 hours (depends on the company). 30 hours seems not realistic. The executive to worker ratio is also still a challenge here.

  25. Y’all can’t see it can you?

    Over half the population can live off UBI within 20 years. We won’t need to regulate employers are the only source of livelihood and people will be able to work and earn as much as they want or just chill and be okay

    But we can’t do that if we have a bunch of incompetent fucks in the workplace just because they need a job. Everyone pulling their own weight becomes a burden when high speed shuttles are available

  26. Don’t think this is possible in America while simultaneously keeping it’s GDP and massive DoD budget which gives the US significant advantages in the global community

  28. There is no incentive to own a business. This would be a nightmare. We’d all be working for large companies, making competitive salaries with the owner and execs working only 30. There would be fewer startups. Why work 100 hour weeks creating my own business if the payoff is not there?

  34. “This is possible.” Cites no sources. Provides no further information.

    No, for many, many businesses this is not even close to possible. And to pretend these theoretical aspirations are being withheld because of a cabal of greedy businessmen at the top is just silly.

    Go look at the compensation for CEOs of the largest companies in the world, and those next in their chains of command. Perhaps their annual salaries are insanely gratuitous, but in most cases, even if every dollar were redistributed to the line workers, it wouldn’t make much of a difference. Certainly nowhere near to achieving these six panels. It’s even more unrealistic for small businesses.

    I get it. We *want* these things. We want everyone to have a living wage without breaking their backs. But naivety doesn’t get us there. In fact, misguided policies can make things drastically *worse* for the people we ostensibly want to help.

  35. Who would pay for all of that? I’m concerned about how the parental leave would affect a small business. If enough parents decide to time off at the same time, who does the work needed to run the business? Would those remaining employees be comped more for their added workload? Would the remaining be able to take their 6 weeks of PTO or sick leave should they need it? There are a lot of unanswered questions.

  37. We say we want everyone to have a living wage.

    And then w’all complain and get stressed out when price goes up; and want prices to go down.

    We can have one or the other but not both. When businesses pays more to their employees, they will pass the cost down to us. That’s a fact that has been proven over and over. Yes, some businesses are price gouging but still, at the end of the day, consumer is paying for the extra cost.

    I don’t mind paying more so everyone can have living wage, but I never hear people who are vying for it say they’re ok with the inflation that comes with this policy.

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