It seems to me we mostly base our value off the top earners. Mainly, “we’re incredibly undervalued.” This seems problematic to me because the goal to the profit margin will remain the same.
Wages go up, profit margins go down, the price of goods go up to make up for the shrinking margin.
Logically I think we should be asking ourselves, why do too earners think they’re so much more valuable?
Our wages don’t need to go up to meet the cost of markets, investors and corporate officers need to back off their idea of what they should be getting in return. Allowing for the cost of goods and services to drop to meet our wages.
Thoughts?