Discussion
RANDOM REMINDER
theft is the #business model of capitalists; because capitalists’ main goal is to produce #poverty.
in a 2014 Economic Policy Institute study of #wageTheft, they found it was 3x the size of all forms of robberies ―in USA―, COMBINED.
and their data mostly excludes high earners, because most labor protection laws focus on hourly, minimum-wage workers.
they estimate wage theft costs USA’s workers $50 billion ANNUALLY ―and this excludes the loss of #wages vs #productivity gap… 🧵
sources:
‘Wage Theft Is Built Into the Business Models of Many Industries’ — FAIR - https://fair.org/home/wage-theft-is-built-into-the-business-models-of-many-industries/
An Epidemic of Wage Theft Is Costing Workers Hundreds of Millions of Dollars a Year | Economic Policy Institute - https://www.epi.org/publication/epidemic-wage-theft-costing-workers-hundreds/
Wage Theft Costs American Workers as Much as $50 Billion a Year | Economic Policy Institute - https://www.epi.org/press/wage-theft-costs-american-workers-50-billion/
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recent #wageTheft related news ―and why the billionaire mafia is so desperate to normalize #AI. hyping LLMs by lying about their intelligence, is their way to destroy the value of the #creative #classes; especially #software #developers:
Disney’s writer wage theft, a year on. | by Cory Doctorow https://doctorow.medium.com/disneys-writer-wage-theft-a-year-on-5be5baee38f9
Uber, Lyft could owe California gig workers billions of dollars - https://calmatters.org/economy/2025/03/uber-lyft-could-owe-california-gig-workers-billions-of-dollars-in-california-wage-theft-case/
127,000 New York Workers Have Been Victims of Wage Theft https://www.propublica.org/article/thousands-of-new-york-workers-have-been-victims-of-wage-theft
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