Where does the money earned by working harder go? To the capitalist. The benefits of increased workplace efficiency have “almost all accrued to companies, shareholders, and senior executives, rather than to rank-and-file employees” (Schwartz, 2015). As the upper classes become richer and inflation continues to rise, the worker, whose wages have remained stagnant, is forced to work even harder to get the same pay – which simply gives the capitalist more money. The richer the capitalist, the poorer his worker, but the more the worker needs to hold on to the job he has. The worker is constantly confronted with the reality that he is replaceable, but realizes that having a low-paying job is better than having no job, and the worker begins selling more work for less money to keep a job – which simply gives more money to the capitalist. The worker also realizes that he is competing with his peers, as well as those without jobs, making the worker even more willing to work for less money to keep a job – which makes the capitalist more competitive. money. A cycle is created that makes the rich richer and the poor poorer. The money these capitalists receive explains the fact that the richest 1% of the US population holds more money than the poorest 50% of the US population (Reich, Inequality for
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