Thought for the day : The Global Wage Report 2014/15, released - TopicsExpress

Thought for the day : The Global Wage Report 2014/15, released Friday by the International Labor Organization, documents the stagnation of wages for workers in most of the advanced industrialized countries, even as productivity continues to rise. The result is an ever-rising share of income raked in by the capitalist class, while the share that workers receive from what they produce continues to shrink. This report was not compiled by revolutionary Marxists seeking to demonstrate the failure of capitalism and the necessity for socialism, but by defenders of capitalism—government officials, corporate executives, trade union officials.

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