[the_only_turek_fan]

Originally Posted by dobbles

I guess that's what baffles me about our obsession with capitalism. We have a company making record breaking profits, and yet they fight tooth and nail to prevent sharing those profits with the very workers that made them possible. Instead, we reward the stockholders, who at this point did nothing to particularly help the company make money. And so now as you allude to, because the workers will get a little more of the reward, instead of the capital class getting less of the reward, they just jack up prices so they don't miss out on a few precious pennies.

I don't have a solution. And I get the adage of "capitalism is the worst except for all the others". But boy is it nauseating to see this play out all the time.

The father of my best friend from childhood works at Deere (about to retire) and feels this was a good deal for the workers. Hopefully it will embolden labor to keep pushing back.

I think it will come from the shareholders themselves.

Look what happened with Exxon. Climate activists literally have board seats now after a proxy war.

I think you will see this coming for compensation at some point. I could see left leaning hedge funds take major stakes in these companies and start to push more pay and gender equality, etc..