Samsung strike "opens Pandora's box": Kakao employees demanding 13%-15% of operating profit for bonuses. LG Uplus and HD Hyundai Heavy Industries employees want 30% of operating profit
21d 8h ago by sh.itjust.works/u/cyu in unions@lemmy.ml from ca.news.yahoo.com"Pandora's box" e.g. employees receiving a reasonable share of the profits their work generated instead of the current Pandora's box of a few billionaires with a lucky name reaping all of it
B-b-but how will the shareholders get their compensation for all the work they don't do?
damn, that's a lot of money.
Now watch as the south korean economy suddenly starts to boom from the new liquidity available to people getting this money back into it instead of it being hoarded by the ultra rich.
Damn, major props to the Korean workforce if they can pull this off!
it gives me hope that collectivism isn't totally dead.
it makes me wonder if the mandatory military service installed a sense of discipline among the working class that's absent in most of the western world.
