Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
starrychloe · 3870 days ago · link · · parent · post: The Pitchforks Are Coming... For Us Plutocrats
If he really feels this way, why doesn't he just give poor people his money? Billionaires are always giving away their fortunes. Ford didn't increase pay so their workers could afford cars. He increased it to avoid turnover. > Ford figured that if he raised their wages, to a then-exorbitant $5 a day, they’d be able to afford his Model Ts. People already give $316 B to charity each year. https://www.charitynavigator.org/index.cfm?bay=content.view&cpid=42 > Total giving to charitable organizations was $316.23 billion in 2012 (about 2% of GDP). This is an increase of 3.5% from 2011.