dj.siNov 17
your auntifa liza 🇵🇷 🦛 🦦

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… 🧵

Nov 17 at 6:40pmWeb
Show threadyour auntifa liza 🇵🇷 🦛 🦦Nov 17

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/

🧵

#labor #wages #poverty #capitalism

‘Wage Theft Is Built Into the Business Models of Many Industries’

"In some sectors and industries, it's more likely for you to be a victim of wage theft than to be paid your full wage."

FAIR
Show threadyour auntifa liza 🇵🇷 🦛 🦦Nov 17

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

/🧵

Disney’s writer wage theft, a year on.

Still work to do.

Medium
Show threadCohoNov 17
@blogdiva
We've never evolved out of the feudalism 😒
Show threadMike M.Nov 17

@blogdiva
"Capitalists' main goal is to produce poverty."

🤯 I never thought of that. 🤔 I can't reject it out of hand. I'm going to have to think about that.

Show threaddeer witchNov 17

@blogdiva Strong agree. I used to live in a part of LA where our place was broken into a few times. It’s obvious to anyone living there it’s desperation, not greed, driving those robberies.

Wage theft on the other hand, is entirely greed, and often greed of the most wealthy—CEOs who are vying for bragging rights vs other CEOs, for example (see link below).

There’s a significant difference in ethics there and they should be treated as such.

https://www.businessinsider.com/buffett-said-ceo-to-employee-pay-comparison-rule-backfired-letter-2025-11

Warren Buffett says rules requiring CEO-to-employee pay comparison backfired

Warren Buffett said post-2008 rules requiring companies to disclose CEO pay ratios lead to more envy and greed — and longer proxy statements.

Business Insider
Show threadJo Does ArtNov 17
@blogdiva
And excludes the 3.6 trillion dollars annually in unpaid labor women do in home, child, and elder care.
Show threadDavid PNov 17

@blogdiva

Robbery is theft

Wage theft is theft

Therefore wage theft is robbery?

That there is an artificially imposed distinction says so much about how capitalism treats white collar crime vs other crime, especially when it comes to consequences as in none for the former and potentially prison for the latter.

Show threadnot a martian, honestNov 18
@blogdiva yes but you don't understand. wage theft is done by the people that hold the leash for the enforcers.