You Are Probably a Victim of the Largest Theft of All Time

I thought this video was going to be a fun top ten list, then I realized that most of the theft in America is the rich robbing the poor. Literally! Not even in a roudabout way...literally not paying them for more than twenty billion dollars of work every year. This literally theft. No one goes to jail. Ever. It's cool. Don't worry...we have a minimum wage...ish.

The folks who defend wage theft say that:

1. Minimum wages prevent certain work from getting done...like work done by undocumented immigrants and the very very poor. These people wouldn't have jobs at all otherwise! The laws are too strict!

2. Most wage theft is just poor management. The companies don't know it's happening! It's just the floor managers who are causing these problems! It's not a CEO's responsibility to know what their employees are up to! (that is exactly what their job is.)

3. It's not as big of a deal as big fancy non-profits think!

It is, of course, extremely difficult to measure...but surveys of workers regularly show a huge variety of different kinds of wage theft. Worried you might be being stolen from?

Here's a FAQ to learn more: http://www.wagetheft.org/faq

And some more reading:
https://www.epi.org/publication/employers-steal-billions-from-workers-paychecks-each-year-survey-data-show-millions-of-workers-are-paid-less-than-the-minimum-wage-at-significant-cost-to-taxpayers-and-state-economies/

https://en.wikipedia.org/wiki/Wage_theft

https://www.epi.org/press/employers-stole-at-least-2-billion-from-workers-in-2015-and-2016/
C-notesays...

It's amazing how much people spend to protect their homes from being robbed compared to where they actually lose the most money.

Drachen_Jagersays...

The police are, and always have been, tools for those in power to stay in power. Most places they don't even try to combat financial fraud, wage theft, and all that, even though it does way more damage (like the 2008 collapse). The illusions of equality and justice are there to keep the masses from rioting in the streets, as is the self-serving promotion that 'anyone could become one of us, if you just work hard enough'. Truth is it doesn't take hard work. By and large, rich people were born rich, or have psychological deficits that allow them to exploit, harm, and even kill without remorse. Shkreli and his ilk have 'what it takes' to get rich in America. People with hang-ups like ethics and morals will always be left behind until the system fundamentally changes.

Every government in the world has always been run by the privileged. When you have power and privilege it's inevitable that most will use the one to protect the other.

C-notesaid:

It's amazing how much people spend to protect their homes from being robbed compared to where they actually lose the most money.

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