@@petergraham8415 They treat employees like they're disposable, and now they've run out of employees. Yet they act like they don't understand why nobody wants to work for them. I equate it to a spoiled child that plays too rough with it's toys, and then cries when all the toys are broken...smh
@@petergraham8415 That is what Regan did, and what John Deere attempted to do by sumarily "replacing" 10,000 striking workers. Scabs cross pickets. Folks defending their livlihood look dimly on this. The history of labor struggles illustrates my point clearly.
Trump, frequently and Biden at least a few times ... made freudian slips wanting to refer to USA as a country .... but "accidentally" CALLING us a COMPANY
Joe Biden is a senile old man who isn’t up to the job. He isn’t running the executive branch nor setting the agenda; it isn’t clear who actually is. He is irrelevant. I do agree; however, that if working class wages were increased, the so called “labor shortage” would end abruptly.
No labor shortage whatsoever! Not happy? Quit today like I did! Let these oligarchs realize that the money that was printed out of thin air and stuffed in their pockets will do them no good if they refuse to share and care.
And, it's not just the lack of good wages or benefits that are causing this shortage. Many families can't afford to have both parents working because they can't afford the childcare cost. So, they are trying to get by on one salary and are just managing in some cases and barely surviving in other cases.
@Polka Dot what you said made no sense. NPR was always far more fact based that all the other networks for years. Only recently it has become less government reliant, due to cuts pushed by Newt Gingrich. Your remark makes as much sense as people that claim Fox News makes more sense, because it’s run by Rupert Murdoch, and it pushes a billionaire corporate agenda, therefore it’s factual.
“Rise like Lions after slumber In unvanquishable number- Shake your chains to earth like dew Which in sleep had fallen on you Ye are many-they are few.” - Shelly, Masque of Anarchy, On the occasion of the massacre at Manchester
You didn't mention truckers who are generally underpaid and overworked in horrible conditions. That's why the shelves are empty and the supply chain is backed up.
@@steeveekeys1904 They can be set to bid against one another for jobs, to ensure the lowest rate to the shipper. They are responsible for their. .. everything, quite alone. I'm wondering whether or not they form co-operatives. The "small business" is a fantasy land of the right. In fact, most small business fail and those that don't are quickly enough gobbled up by larger ones, looting the accumulated value of years. In the Thatcher years, the British government gave out loads of "small business" grants in an effort to lower unemployment rates. Almost all of those failed... Anyway, buy local. Support those independent businesses. Be a mensch.
My daughter just had this happen at her hospital where she is an RN working night shift. Many of the nurses and aides have been unhappy for a while now and have been pretty outspoken at times. Many are thinking about quitting. Well, I guess management got wind of the "talk" and sent out a text message to all nurses and aides and they are now giving them more money. These nurses and aides work a 12 hour shift that often runs into 13 and 14 hours instead, they are under staffed, get no breaks, not even a lunch break. They just grab a bite of food whenever they can and keep going. This is a dangerous situation and hospitals around my state, New Jersey, better wake up and start doing right by these employees. More money is a good start but let's see some real changes.
USA. Unbelievable. The employers know alright. They push to see how much the loyalty stretches and tolerates. It is also called being taken advantage of. And because it is a female dominated industry. They are being taken for granted and all day suckers. Burn out. No life. Not worth it.
In reality they are not getting more money, depends on how much of a raise it is, if it's less than the percentage of inflation then they are losing money.
@@walden6272 lol, people can’t even look at that. Nurses made $30k in the 70’s. Everything else has gone at least 10x. Entry level nurses today make $30k in some areas, still. Do the math on that. Entry level should be $300,000 if we hadn’t deregulated in the 70’s. Tenured nurses should be $1m+. The money is totally there, but management won’t admit it. This goes for every industry. The profits have simply gone to the corps.
It’s awful. And, there’s tons of examples of it. Get out your notebook, and pen, or pad. You’ll be surprised how much of it. And, they fight the working class like a dog, before they see a penny of help. Socialism for the rich; harsh Capitalism handed down to the worker! A rotten, oppressive, undemocratic system. Pure greed.
@ayy lmao Capitalism is so failed, it’s ridiculous. It only benefits oligarchs, billionaires, CEOs, stock holders, shareholders, Wall St., multimillionaires, corporations, and the handlers at the top who are using it to control the masses. Keeping people on the bottom, enslaved, toiling their lives away, for peanuts, while the rich have the pick of all resources to themselves ( and that pertains to everything you can possibly think of ). As Dr Wolff said, there is no Democracy, Liberty, Brotherhood, Fraternity, Freedom with capitalism.
Always excellent points here. I can’t stand that I get paid the same as I did twenty years ago. There is no upward mobility, it’s not even a living wage.
We didn't go from having over 25% unemployment, in 2020, to suddenly having a "labor shortage" in 2021. The very idea that such a thing is possible, to begin with, is absurd!!
Of course companies need a steady amount of unemployment , not because there are not enough jobs for everybody but so they can drill to you the idea that you are replaceable . If this is always a lingering thought in the mind of the employee they will be much more tolerant of company abuse .
That is right and so very sad Dam algrilthme is going around and taking down posts of the answers that can help.. I have information about the answer but I can't 🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬
Amen! Mr. Wolff , I am a Republican but an American first and the American family is all that is important to me! We need to demand more form our employers
There is a basic problem at the root of our situation. There is really no good reason why people should spend their lives struggling to make some rich person richer. Capitalism has failed.
Republican Party, the traditional party of big business for most of the 20th century ... rhetoric for families is a ploy. They're ok with families living in poverty
Yes and it would be a General Strike if it was organized by a coalition of striking unions. Instead it's a "Great Resignation" of absolutely disconnected & alienated individuals : ( But perhaps it's also a turning like in "V for Vendetta" : )
American Government can talk a great game about "truth, justice and the American way" but the empirical evidence sings a TOTALLY different song. The voice of We the People is slowly beginning to be heard. Even as dumbed-down as you have tried to make us, eventually "truth will out". The egregious disparities extant in modern day America will eventually speak for themselves.
Got called in for an interview by a major company. 5 billion market cap stock is up, etc. I asked what the pay was. I told them it was insulting and to cancel the interview.
Update. The company I told to take a hike sent me an email, after the fact, saying "your qualifications have been carefully considered; however, we have decided to not move forward with your application in the selection process. " What a load of bullshit. THEY decided? They didn't decide anything. I told them their pay is insulting, I would not be interested, and to cancel an interview. How that can be twisted into THEY decided is telling. Looks like I dodged a bullet with this lying corporation.
We had protests like this and they scared the living SHIT outta wall street. It was called Occupy... And yes it did scare Wall Street, hence the natl defense authorization act that overturned posse comitatus...
It’s not a labour shortage, it’s a prosperity gap. People want the prosperity of a decent salary, benefits, time off, flexibility, etc. Any company not contributing what their workers need to live a happy and successful life is not contributing to their prosperity. Time to stop the shortchange. #ProsperityPays
Yes. I'm no longer going to be a slave to the 1%. I'm tired of living paycheck to paycheck. This is ridiculous. So keep up the work America!! Let's watch the establishment crumble. Let's keep it up.
The businesses being hit the hardest are not corporations, but smaller businesses that lack the profits to simply share the wealth. Clearly they also must raise their wages but this cost will be born by the customer.
Who would dislike this video? Hoarders. Pillagers. Addicts. Supremacists and exceptionalists. Narcissists, sociopaths, and psychopaths. Manipulators and exploiters. Lazy, gaslighting knaves. Probably some others.
@@kevintewey1157 Global general strike. Monday October 18 2021 Don't go to work. Don't go to school. So no work can be done and the system grinds to a halt. If you're a religious or spiritual person you can stay home and pray and fast. If you're neither a religious nor spiritual person or you don't want to stay home and pray and fast, get out onto the street and block traffic so that nothing can get done. 6am block westbound traffic on the Bay Bridge between Oakland and San Francisco. Get arrested. Repeat. Keep it up until everyone in America has healthcare, all the forever wars end, and the concentration camps filled with people who look like me are gone.
That’s a great visual. It reminds me of the end of MARS ATTACKS when the only weapon Earthlings found to stop the Martians 👽 was the sound of Slim Whitman singing/yodeling that cinematically made their heads explode 🤯 inside their big bubble clear glass helmets! 🤣🤣🤣
That's all I hear when I'm out and about from people.... No one wants to work they say, they're lazy. That's the general consensus among the people I'm around which I know is a load of bullshit but what can I do about it. They don't listen to you even when you argue with them.
The pandemic semi lockdowns opened the eyes of the American worker to the difference between their paychecks and the costs of going to work. Wages are too low to even cover the expenses of going to work. Those costs include day-care, second car (transportation), work clothes, student loans, lunch.... What is left after these costs and regular payroll deductions does not make it profitable for both parents to work. Add to that the non monetary costs of long drive to work, not being able to prepare proper meals, time....
I’ve heard the same narrative back in 1914 -1917 when workers was radicalized to be used as brute force during Bolshevik’s revolution in Russia, it was a huge success especially for really small group of people followed by Stalin dictatorship for almost 30 years. But… I’ve got your point and maybe you’re right to some degree or more.
``The law locks up the man or woman Who steals the goose from off the common But leaves the greater villain loose Who steals the common from the goose.''
There's also people out there in the working world who are quite comfortable not having a job, people work to obtain a standard of living they're happy with, when that level is reached and the comforts are reasonable and can be maintained by other means like savings and not purchasing things because they already have everything they need the idea of working at a boring job ends, there could be millions who have found other ways to survive without an employer and are very happy living without a traditional job. To entice these people back into the workforce will take more than an offer of free coffee and donuts during break times. Job protection and stability is the main attraction, nobody wants a job that comes with expiry dates that most companies seem to be offering with high turn over employees.
That is Ricardo's Iron Law of Wages. Wages will always tend to subsistence. Pay too much and the work force will expand until the supply and demand curve will intersect at subsistence. Pay too little and the workers will either die off or else find some way to survive other than participating in the capitalist economy. Wages below the subsistence level are a long, slow, death sentence. David Ricardo.
Exactly 👏 shut my tourism business cause of ongoing lockdowns. Moving out of the big city to live cheaper in the tropics and not planning to work again for 4-6 months
Lack of a descent work/life balance is why I'm not using my Class A truck driver's license, not the low pay,...though that is also an issue. Is a 40 hour work week, or a 7/7 schedule for a middle class wage really too much to ask?
imao, found this guy in Builderberg discussion, everything he says is priceless and now that half the British Airplane companies are on strikes and the whole Scottish rail almost non functional, you can see the outcome of wages that don't keep up with the price of living
It is rare that I, a libertarian, agree with one of your videos, but I think you are substantially correct here. Employers are simply not making jobs attractive enough. Governmant subsidy for hiring is a bad idea. Your solutions - quitting and striking - are fundamentally free market solutions and I support them.
Why are you people having so much trouble admitting the free market is a myth you must be privileged in some way because there is no free market especially when you can bring in immigrants but we should be calling them refugees because we made them desperate enough to imigrate here
Why should workers go into unsafe places that may take their lives? The employers have to make the needs of the people, the employees the top priority which requires putting out extra money, which they the employers have.
Wait, What "lost pandemic profits" are you talking about? Businesses made massive profits during the pandemic, and the wealthy have never been wealthier.
@@roofdogblues7400 Neither he nor myself are talking about small businesses putting the screws to employees, because they're not the ones who do, on average owner run businesses pay employees much better wages than their, board run, conglomerate counterparts. Conglomerates, super-corporations, and Wall Street bookies, are also the ones who are lobbying the government to subsidize profits, not small businesses.
So the border is wide open and ICE is told to back off, but the deportations are still at record levels. You don't want them getting too comfortable in their shitty jobs!
The greed of the business owner-class is causing the labor revolt.
That is the history of Capitalism.
@@MCJSA
Let's hope that unions increase membership so that the scales become more balanced in the future.
The reality being that employer would treat employee as fodder. Seems abuse to me. Arrogance and abuse.
@@petergraham8415
They treat employees like they're disposable, and now they've run out of employees. Yet they act like they don't understand why nobody wants to work for them. I equate it to a spoiled child that plays too rough with it's toys, and then cries when all the toys are broken...smh
@@petergraham8415 That is what Regan did, and what John Deere attempted to do by sumarily "replacing" 10,000 striking workers. Scabs cross pickets. Folks defending their livlihood look dimly on this. The history of labor struggles illustrates my point clearly.
US workers must unite to fight for fair employment laws.
It's a Wage Shortage, NOT Worker Shortage!
Amen.
That would have been a better title!
Well put
Our problem isn't who is president... our problem is business. 73% of people are dying in debt. We live in a nationwide company store.
Trump, frequently and Biden at least a few times ... made freudian slips wanting to refer to USA as a country .... but "accidentally" CALLING us a COMPANY
George W. Bush used to refer to the workers and poor as "human capitol" not as people. They don't see us as human beings any longer.
One of the problems is people can't live on a low wage any more because the prices are going so high.
Perfectly said. We do live in a nationwide company store.
Joe Biden is a senile old man who isn’t up to the job. He isn’t running the executive branch nor setting the agenda; it isn’t clear who actually is. He is irrelevant.
I do agree; however, that if working class wages were increased, the so called “labor shortage” would end abruptly.
America doesn't have a labor shortage, it has a wage compression obsession. & Given the recent actions of Unions lately, they're sick of it.
So much for cutting off unemployment benefits forcing people back into the crap job market.
Not Wages Shortage，Labor Resistance！
No labor shortage whatsoever! Not happy? Quit today like I did! Let these oligarchs realize that the money that was printed out of thin air and stuffed in their pockets will do them no good if they refuse to share and care.
And, it's not just the lack of good wages or benefits that are causing this shortage. Many families can't afford to have both parents working because they can't afford the childcare cost. So, they are trying to get by on one salary and are just managing in some cases and barely surviving in other cases.
Support Local Strikers!!
NPR referred to a survey yesterday citing that 40% of all workers plan to quit their job in the next month.
Wooh! Really? Holy Cow.
Hope it happens
@Polka Dot what you said made no sense. NPR was always far more fact based that all the other networks for years. Only recently it has become less government reliant, due to cuts pushed by Newt Gingrich.
Your remark makes as much sense as people that claim Fox News makes more sense, because it’s run by Rupert Murdoch, and it pushes a billionaire corporate agenda, therefore it’s factual.
“Rise like Lions after slumber
In unvanquishable number-
Shake your chains to earth like dew
Which in sleep had fallen on you
Ye are many-they are few.” - Shelly, Masque of Anarchy, On the occasion of the massacre at Manchester
The truth!! Great video Prof Wolff!
Our consumerism + their greed= current disgusting situation. Keep educating people Prof. Wolff. Thank you.
Same old greed hogs. Same old vile maxim.
You didn't mention truckers who are generally underpaid and overworked in horrible conditions. That's why the shelves are empty and the supply chain is backed up.
The "independent trucker" must be the biggest con of all.
Sounds like the techie venture Capitalists failed 2 deliver their robot trucks in time, boo hoo : ( : D
@@MCJSA how?
@@steeveekeys1904 They can be set to bid against one another for jobs, to ensure the lowest rate to the shipper. They are responsible for their. .. everything, quite alone. I'm wondering whether or not they form co-operatives. The "small business" is a fantasy land of the right. In fact, most small business fail and those that don't are quickly enough gobbled up by larger ones, looting the accumulated value of years. In the Thatcher years, the British government gave out loads of "small business" grants in an effort to lower unemployment rates. Almost all of those failed... Anyway, buy local. Support those independent businesses. Be a mensch.
@@MCJSA I see thanks for the explanation. I have seen and read how the small independent truckers have a tough time.
My daughter just had this happen at her hospital where she is an RN working night shift. Many of the nurses and aides have been unhappy for a while now and have been pretty outspoken at times. Many are thinking about quitting. Well, I guess management got wind of the "talk" and sent out a text message to all nurses and aides and they are now giving them more money. These nurses and aides work a 12 hour shift that often runs into 13 and 14 hours instead, they are under staffed, get no breaks, not even a lunch break. They just grab a bite of food whenever they can and keep going. This is a dangerous situation and hospitals around my state, New Jersey, better wake up and start doing right by these employees. More money is a good start but let's see some real changes.
USA. Unbelievable. The employers know alright. They push to see how much the loyalty stretches and tolerates. It is also called being taken advantage of. And because it is a female dominated industry. They are being taken for granted and all day suckers. Burn out. No life. Not worth it.
In reality they are not getting more money, depends on how much of a raise it is, if it's less than the percentage of inflation then they are losing money.
@@walden6272 lol, people can’t even look at that. Nurses made $30k in the 70’s. Everything else has gone at least 10x. Entry level nurses today make $30k in some areas, still. Do the math on that. Entry level should be $300,000 if we hadn’t deregulated in the 70’s. Tenured nurses should be $1m+. The money is totally there, but management won’t admit it. This goes for every industry. The profits have simply gone to the corps.
We are already subsidizing profits with food stamps and Medicaid for full time workers. i.e. Walmart.
Thank you as always Mr Wolf!
Socialism for the big corporation is sickening.
I agree.
It’s awful. And, there’s tons of examples of it. Get out your notebook, and pen, or pad. You’ll be surprised how much of it.
And, they fight the working class like a dog, before they see a penny of help.
Socialism for the rich; harsh Capitalism handed down to the worker!
A rotten, oppressive, undemocratic system. Pure greed.
@ayy lmao Capitalism is so failed, it’s ridiculous. It only benefits oligarchs, billionaires, CEOs, stock holders, shareholders, Wall St., multimillionaires, corporations, and the handlers at the top who are using it to control the masses.
Keeping people on the bottom, enslaved, toiling their lives away, for peanuts, while the rich have the pick of all resources to themselves ( and that pertains to everything you can possibly think of ).
As Dr Wolff said, there is no Democracy, Liberty, Brotherhood, Fraternity, Freedom with capitalism.
#GeneralStrikeNow
I hope that, once workers get knowledge of the strenght of our union, they'll allow themselves better dreams
Richard Wolff for President!
From Canada, but we recently had a health service strike - like well over 10k workers with a 95% vote lol
Ready to lose our home
we're both severely disabled
and these employers still won't give us work (because we can't work hard)
Always excellent points here. I can’t stand that I get paid the same as I did twenty years ago. There is no upward mobility, it’s not even a living wage.
We didn't go from having over 25% unemployment, in 2020, to suddenly having a "labor shortage" in 2021.
The very idea that such a thing is possible, to begin with, is absurd!!
Of course companies need a steady amount of unemployment , not because there are not enough jobs for everybody but so they can drill to you the idea that you are replaceable . If this is always a lingering thought in the mind of the employee they will be much more tolerant of company abuse .
Workers can't come out to work cause they are living under bridges or on the verge of it so are having one last gasp. here it goes
That is right and so very sad
Dam algrilthme is going around and taking down posts of the answers that can help.. I have information about the answer but I can't 🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬🤬
U need a room?
@@kevintewey1157 he is right on that they didn't help the people 70 million people DISPLACED.
Amen! Mr. Wolff , I am a Republican but an American first and the American family is all that is important to me!
We need to demand more form our employers
There is a basic problem at the root of our situation. There is really no good reason why people should spend their lives struggling to make some rich person richer. Capitalism has failed.
We need to all become self-employed
Die Hard capitalists there's no hope for either party
Republican Party, the traditional party of big business for most of the 20th century ... rhetoric for families is a ploy. They're ok with families living in poverty
Why do say you are a Republican? What have they ever done for you?
People who claim allegiance to either party are the problem.
This system is crumbling under its own weight.
This should be repeated, ad nauseum, until their attempts to obfuscate the issue are futile.
Yes and it would be a General Strike if it was organized by a coalition of striking unions.
Instead it's a "Great Resignation" of absolutely disconnected & alienated individuals : (
But perhaps it's also a turning like in "V for Vendetta" : )
👏👏👏 THIS!!! 👏👏👏
I love it when Dr Wolff gets really heated on a subject!
American Government can talk a great game about "truth, justice and the American way" but the empirical evidence sings a TOTALLY different song. The voice of We the People is slowly beginning to be heard. Even as dumbed-down as you have tried to make us, eventually "truth will out". The egregious disparities extant in modern day America will eventually speak for themselves.
Prof. Wolff always speaks the truth! Thank you.
Got called in for an interview by a major company. 5 billion market cap stock is up, etc. I asked what the pay was. I told them it was insulting and to cancel the interview.
Update. The company I told to take a hike sent me an email, after the fact, saying "your qualifications have been carefully considered; however, we have decided to not move forward with your application in the selection process. "
What a load of bullshit. THEY decided? They didn't decide anything. I told them their pay is insulting, I would not be interested, and to cancel an interview. How that can be twisted into THEY decided is telling. Looks like I dodged a bullet with this lying corporation.
I want to see mass protests that make occupy wall street look tame in comparison.
We had protests like this and they scared the living SHIT outta wall street. It was called Occupy...
And yes it did scare Wall Street, hence the natl defense authorization act that overturned posse comitatus...
@@Scriptorsilentum read the rest of my f****** sentence.
It's time general strikes are carried out on a regular basis.
I quit my job yesterday because of the toxic, all male hostile work environment.
Life is too short. I’ll find something else.
We dont need you homeless
Ask if you need help
It’s not a labour shortage, it’s a prosperity gap.
People want the prosperity of a decent salary, benefits, time off, flexibility, etc. Any company not contributing what their workers need to live a happy and successful life is not contributing to their prosperity.
Time to stop the shortchange. #ProsperityPays
Yes. I'm no longer going to be a slave to the 1%. I'm tired of living paycheck to paycheck. This is ridiculous. So keep up the work America!! Let's watch the establishment crumble. Let's keep it up.
EXACTLY.
"It's the Economy, Stupid" is THE issue.
Thank you Dr. Wolff! I learn more from you in 10 mins. than I could learn anywhere else!!
Thank you, Prof Wolff, always good to hear what you have to say. kepp it up.
The government isn't the problem. It's the people that own the politicians who are the problem.
You tell 'em Professor Wolff. 💯
Absolutely agree. Thanks Prof Wolff
The businesses being hit the hardest are not corporations, but smaller businesses that lack the profits to simply share the wealth. Clearly they also must raise their wages but this cost will be born by the customer.
stay resistant, comrades
Great advocacy for USA workers - totally justified by greedy employers !!!
Great message to workclass and people among the fight against the capitalist explotation 👏👏👏👏👏
Tennessee Ernie Ford "I owe My Soul To The Company Store" Better known as "Sixteen Tons" A 1955 Hit Song...
Thank you, professor. 👍👍👍👍👍
*Waves hand*
You will feed the algorithm
I totally heard that as spoken by Michael Dorn.
Thank you, Prof. Wolff! Now, who on earth would dislike a video like this...?
Who would dislike this video?
Hoarders. Pillagers. Addicts. Supremacists and exceptionalists. Narcissists, sociopaths, and psychopaths. Manipulators and exploiters. Lazy, gaslighting knaves. Probably some others.
@@matthewingerson Lol, Matthew, I think you got it covered!
@@reverenceforall 😊
Definitely a labor resistance! Well said. 😄
GREAT TALKING POINTS MR WOLFF AS USUAL .... 👍🏾❤💪🏾💯
I have been telling everyone.
Yes! Thank you very much!
I really hope this is the beginning of better times ahead.
But I could be wrong.
How?
Doubtful
We're going to see what happens.
@@kevintewey1157 Global general strike.
Monday October 18 2021
Don't go to work. Don't go to school. So no work can be done and the system grinds to a halt.
If you're a religious or spiritual person you can stay home and pray and fast.
If you're neither a religious nor spiritual person or you don't want to stay home and pray and fast, get out onto the street and block traffic so that nothing can get done.
6am block westbound traffic on the Bay Bridge between Oakland and San Francisco.
Get arrested.
Repeat.
Keep it up until everyone in America has healthcare, all the forever wars end, and the concentration camps filled with people who look like me are gone.
@@TheHolyMongolEmpire Please read my reply to Kevin Tewey.
The trolls following Ben Burgess’s channel heads would explode if they ever listened to ProfWolff rather than Milton Friedman’s son…
Ben is fale left
Read Left Anti-Communism an infantile disorder
Lennin
Find REAL LEFTIST like Fred HAMPTON
Love Over Gold
Dire Straits 1982
That’s a great visual. It reminds me of the end of MARS ATTACKS when the only weapon Earthlings found to stop the Martians 👽 was the sound of Slim Whitman singing/yodeling that cinematically made their heads explode 🤯 inside their big bubble clear glass helmets! 🤣🤣🤣
@@petestanton1945 tic toc Stevie Ray Vaughan
So many titles I wish someone would make a collection
That's all I hear when I'm out and about from people.... No one wants to work they say, they're lazy. That's the general consensus among the people I'm around which I know is a load of bullshit but what can I do about it. They don't listen to you even when you argue with them.
Great episode Sir
If wages kept up with inflation and productivity. The minimum wage would be over 20 dollars an hour.
The tariffs and shipping container crisis are raising prices and beyond the means of the people.
The pandemic semi lockdowns opened the eyes of the American worker to the difference between their paychecks and the costs of going to work. Wages are too low to even cover the expenses of going to work. Those costs include day-care, second car (transportation), work clothes, student loans, lunch.... What is left after these costs and regular payroll deductions does not make it profitable for both parents to work. Add to that the non monetary costs of long drive to work, not being able to prepare proper meals, time....
I’ve heard the same narrative back in 1914 -1917 when workers was radicalized to be used as brute force during Bolshevik’s revolution in Russia, it was a huge success especially for really small group of people followed by Stalin dictatorship for almost 30 years.
But… I’ve got your point and maybe you’re right to some degree or more.
Thank you Dr Wolff!!🙏
Thank you
Thank you🌎✊️🌹🗽
Union shortage!!!
``It's the same the whole world over,
Ain't it a shame, a bleeding shame,
It's the rich what gets the pleasure,
It's the poor that gets the blame.''
``The law locks up the man or woman
Who steals the goose from off the common
But leaves the greater villain loose
Who steals the common from the goose.''
There's also people out there in the working world who are quite comfortable not having a job, people work to obtain a standard of living they're happy with, when that level is reached and the comforts are reasonable and can be maintained by other means like savings and not purchasing things because they already have everything they need the idea of working at a boring job ends, there could be millions who have found other ways to survive without an employer and are very happy living without a traditional job. To entice these people back into the workforce will take more than an offer of free coffee and donuts during break times. Job protection and stability is the main attraction, nobody wants a job that comes with expiry dates that most companies seem to be offering with high turn over employees.
That is Ricardo's Iron Law of Wages. Wages will always tend to subsistence. Pay too much and the work force will expand until the supply and demand curve will intersect at subsistence. Pay too little and the workers will either die off or else find some way to survive other than participating in the capitalist economy. Wages below the subsistence level are a long, slow, death sentence. David Ricardo.
i wear a yellow vest at work!! where can i get one like that??
Bravo!!
Exactly 👏 shut my tourism business cause of ongoing lockdowns. Moving out of the big city to live cheaper in the tropics and not planning to work again for 4-6 months
Pretty likely that you will never return to working.
Where?
Looking ourselves
MEXICO?
Well said.
Yeah I noticed that there's no news of the uptick in strikes this year.
Worldwide strikes
Basic Income may on the surface, seem to be a wage subsidy. IMO, it is a form of 'strike pay' the employer class fears.
That is why we dont have a UBI.
Lack of a descent work/life balance is why I'm not using my Class A truck driver's license, not the low pay,...though that is also an issue.
Is a 40 hour work week, or a 7/7 schedule for a middle class wage really too much to ask?
I remember way way back, when I kept hearing "eat the rich".
It looks like the rich are now being eaten.
Power to the little people...
I sure hope you're right.
imao, found this guy in Builderberg discussion, everything he says is priceless and now that half the British Airplane companies are on strikes and the whole Scottish rail almost non functional, you can see the outcome of wages that don't keep up with the price of living
If you are a wage earner, you need to contribute to Dr. Wolff's patreon.
His message is too important not to support.
to buy and maintain a car now adays is like buying and maintaining a house.
Time for a general strike!
What will people do, then, if they are quitting? How will they earn a living? Honest question....
It is rare that I, a libertarian, agree with one of your videos, but I think you are substantially correct here. Employers are simply not making jobs attractive enough. Governmant subsidy for hiring is a bad idea. Your solutions - quitting and striking - are fundamentally free market solutions and I support them.
Free Market is a PONZI see the video
We need to SIEZE the means of production
(Slave ! )
No, my dude, his solutions are socialism. If you don't understand, try the book "Understanding Socialism" by the above author.
Why are you people having so much trouble admitting the free market is a myth you must be privileged in some way because there is no free market especially when you can bring in immigrants but we should be calling them refugees because we made them desperate enough to imigrate here
@@kevintewey1157 And that has NOTHING to do with free market anything, that is just xenophobia.
Maybe do a self check about your beliefs.
@@swissarmyknight4306 i know his stuff. The solutions in *this video* are free market ones.
THIS! SO MUCH THIS!!
Why should workers go into unsafe places that may take their lives? The employers have to make the needs of the people, the employees the top priority which requires putting out extra money, which they the employers have.
In Australia they’re saying the same thing. No doubt Europe would be the same.
There’s a wage shortage.
Great
Yup lol he's right on the money. Powell destroyed the economy but I'd want to know, is how how people paying their bills
Wait,
What "lost pandemic profits" are you talking about?
Businesses made massive profits during the pandemic, and the wealthy have never been wealthier.
*Some
Not all businesses made massive profits, many small businesses have closed up for good due to losses.
@@roofdogblues7400
Neither he nor myself are talking about small businesses putting the screws to employees, because they're not the ones who do, on average owner run businesses pay employees much better wages than their, board run, conglomerate counterparts.
Conglomerates, super-corporations, and Wall Street bookies, are also the ones who are lobbying the government to subsidize profits, not small businesses.
@@roofdogblues7400
Small business owners are just Cannon fodder and poster children
So the border is wide open and ICE is told to back off, but the deportations are still at record levels. You don't want them getting too comfortable in their shitty jobs!