The world’s Stock Market is taking big hits, which kills 401Ks usually owned by the little people and pension plans. One of the main reasons for this is the inequality on the part of the spenders of the capitalist system, which we and most of the world use. The capitalist system we us is where the profits from corporations go to just a few people at the top while none goes to the wage slaves who make the profits in the first place. The few at the top take their profits and hide them overseas or loan the profits to the toilers, who then have to pay top interest rates on the loans, which means more money out of the pockets out of the toilers need to just survive. The problem is the toilers are out of money to pay back the loans and this is what is going to kill the capitalist system worldwide, and the top 1 percent know this or should. The way out of this is 1) Raise the minimum wage to $15 to $24 an hour; and 2) have workers on corporation boards, with votes on how profits are spen...
This blog is a quick read about concerns, whether local or international, facing union and non-union workers.