Employers demonstrated their infidelity to their staff by paying loyal workers, on average, 7% less than new hires — 20 years ago, salaries were largely the same between new and longtime employees.

  • @lanolinoil@lemmy.world
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    29 months ago

    Wait – is it capitalism is inherently inequal and unsustainable, or ol’ Racist Ronnie did this? Is it both and he accelerated us?

    • @TheFriar@lemm.ee
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      29 months ago

      We’ve been reaching the logical conclusion to capitalism, and we were going to anyway. But he jump started the beginning of the endgame. More profit, lower margins is always the end goal. This was inevitable. But he clicked the process into hyper speed.

      • @lanolinoil@lemmy.world
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        29 months ago

        I tend to agree – Greed and money becoming the only virtue… Doesn’t even matter how you get it anymore even a little bit.