Observe this troubling graph

Corporations have intentionally kept wages low

I know.

https://www.google.com/amp/s/www.forbes.com/sites/kenrapoza/2015/10/04/not-only-are-the-rich-getting-richer-so-are-the-poor/amp/

Even thought productivity has increased

Corporations need to be checked

But as a guy who owns a corporation and provides low income housing.

Your article talks about developing countries

Corporations are literally the best avenue

You’re talking just about the west?

Yes

K

Then you might be accurate. But observe why. Poorest areas are SF, LA, and Seattle. Which have instituted massive socialist policies

Do you know why class mobility was the highest during 40's and 50's?

So what would you prefer to free market?

Back when Capitalism was at its all time high.

(Good) Labor Unions.

Labor Unions secured massive benefits for workers

Nowadays theyre just as corrupt as corporations however

Unions themselves have to kept in check though.

Yeah

But the answer is Labor Unions, they are the check for corporations

Take a look at this

A single dad could work a middle class job, and support his wife, 2 kids, own 2 cars, and buy a house in the 40's and 50's

A combination of corruption in both labor unions and corporations

I provide low income housing and deal in real estate. So I can actually vouch that this graph is accurate.

Has ended this

Fact is, Corporations have abused their greed to levels which cannot be tolerated

I agree

I would propose that the federal wage should be increased to *match* buying power and inflation

Because corporations intentionally pay less than they should otherwise

Whereas during the developing ages of the US, they were building the country up. Now they are producing the newest iPhone. That’s not worthy enough to sacrifice the population.

Secondly, Labor Unions need to be given more bargaining power against Corporations

I disagree. Possibly against large corporations

But the problem is you will end up harming you’re own goals

But the core of the problem is infact capitalism, because the very essence of it is to make as much profit as possible

Which hurts everyone

Which is why I believe in a Tri-Society.

Religion. Capitalism. Democracy.

Now, with new technology being developed, there is a uniquely interesting path for economic planning as opposed to capitalism