In a previous post, the blog brought up the issue that corporate executives do not give enough credit to the fact that a large percentage of corporations shares are held by retirement accounts for labor. But there is another side to this coin. The question of "How do retirees act after they retire?" has a larger level of importance now than it did before. Do retirees continue to fight for labor rights and wages or do they simply become an investor wanting the greatest return possible even at the expense of future labor wages and benefits? If retirees turn a blind eye towards current labor, and only focus on their returns, there will be trouble for all. If the retirees use their pension and voting rights as a pulpit to protect current labor, all will benefit.
Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
Sunday, May 27, 2012
Monday, May 7, 2012
Investor vs. Labor
This post was originally on www.wikiwealth.blogspot.com dated April 24, 2012. It is the first post of the series.
Investor vs. Labor
There is a big elephant in the economic room right now. It is the topic of finding a good return for investors while demanding a livable wage for workers. Finding a general middle ground on this issue is going to be paramount if the global economy is going to run smoothly. One optimistic view is that there are many in the global economy that are on both sides of the issue. It is this group that are both workers and are also investors that can lead the economy into both a prosperous and livable wage earning future.
Future posts will focus on how different entities are affecting this process. They include corporations, labor groups, lobbyists for both corporations and labor groups, the financial industry, government, and retirement plans. If there are any other groups not mentioned in this post or future posts, please feel free to comment.
This thread hopefully will get the conversation moving in a direction that allows for a decent return on investments as well as a livable wage for all who participate in this economy.
Future posts will focus on how different entities are affecting this process. They include corporations, labor groups, lobbyists for both corporations and labor groups, the financial industry, government, and retirement plans. If there are any other groups not mentioned in this post or future posts, please feel free to comment.
This thread hopefully will get the conversation moving in a direction that allows for a decent return on investments as well as a livable wage for all who participate in this economy.
We will continue the post thread here.
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