Corporate Profits Hit Record High While Worker Wages Hit Record Low

All the studies show that the profits of the corporations continue to go sky high while the wages of workers have remained the same in the last decades or gone down. One of the reasons that the corporations and are able to sell their products and increase their wealth is because a lot of the workers are buying on credit and going into deep debt. Sooner or later, this particular bubble will burst. It is possible to have equity with growth but it will take a type of organizing, social movement, and leadership that is truly transformational. The truth and what is right is always on our side.

See: Corporate Profits Hit Record High While Worker Wages Hit Record Low | ThinkProgress

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About Jose Calderon

Jose Zapata Calderon is Emeritus Professor in Sociology and Chicano/a Latino/a Studies at Pitzer College, Past President of the Latino and Latina Roundtable of the Pomona Valley and San Gabriel Valley, and a community-based sociologist, educator, author, and organizer.

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