We stand together, peacefully, and do not spend any money at corporate owned business on days that end in an 8. So on the 8th, 18th and 28th each month just make a conscious effort to shop local and support small business instead of the monopolies.
The 8 is a symbol for infinity and forever is how long this protest needs to last, so we don’t ever forget what greed has done to our society.
Capitalism is currently broken. The lack of checks and balances create an environment that fosters exploitation and is detrimental to society as a whole.
The underlying cause is the unchecked economic disparity that currently exists within our society.
Corporations only care about one thing, making a profit. This is by design and isn't inherently a bad thing. However, when left unchecked, it leads to exploitation of workers and an ever increasing economic discrepancy from the top to the bottom.
This eventually, when an integral employee knows that their CEO makes more money on their day off than they make over the course of 3+ years of full-time work or that their CEO makes more money in one week than they will make in 20+ years of full-time work, results in a feeling of hopelessness…
This is not right… We welcome any CEO who is currently making 1000x more than their employees to publicly justify why they are worth so much more than the people who make their business even possible… Without us, what do they have?
We need to speak the only language that they respond to and affect their bottom line. We stand together, peacefully, and do not spend any money at corporate owned business on days that end in an 8.
On the 8th, 18th and 28th of each month just make a conscious effort to shop local and support small business instead of the monopolies. If enough of us come together and show them that we are serious about change, then something will be done.
Also, you can help spread the word by using the hashtags #PausefortheCause & #TheFixforCapitalism
We implement the changes laid out in "The Fix for Capitalism" which is necessary reform to make sure that we have needed checks and balances to keep the economic disparity from growing at such a rapid pace. The plan centers around removing all tax loopholes, correcting the way that businesses pay taxes and rolling out a federal income tax that is determined using the lowest paid employee's salary within each company.
No, it does not cap anyone's earning potential. It just essentially limits the earnings of the highest paid employee to 99x what the lowest paid employee makes. However, it is expected that most companies will opt for even less, due to the higher tax rate as the discrepancy increases.
Currently, the federal income tax rate caps at 37%. This means that you would likely need to make more than 37x your lowest paid employee or co-worker before seeing an increase.
For example, the current federal minimum wage is $7.25/hr or $15,080/yr. So, if your company has employees being paid the federal minimum, you wouldn't likely see an increase unless you are making over $265.00/hr or $550,000/yr.
Let's say that Joe currently makes $30k a year and is in the lowest paid group. He moves to a supervisor position and gets a $10k a year raise to $40k. His personal income tax rate will go from 1% ($30k x 1% = $300) to 1.33% ($40k x 1.33% = $532) so Joe will only have to pay $232 more in taxes. So, Joe will have a realized increase of $9,768 a year after the tax increase.
It is very possible that, in the short term, companies will overreact and lay some people off. However, eventually they will adapt and society will benefit from the change. We need to stay focused on the long-term effects while acknowledging and managing short-term impacts.
No, it is not. This is the needed balance to prevent communism from taking control. Capitalism is important because it fosters an environment that allows people to work harder to get ahead. Communism does not do this and is focused on equal outcome for everyone, except for those in charge, regardless of effort and individual skill. This plan focuses on equality versus equity.
I have always had the ability to breakdown complex issues to find the root cause and then come up with solutions for them. I spent over 10 years resolving Executive Level Escalations for Sprint/T-Mobile. The past 20 years, I have been working on a solution that will actually fix our society and save capitalism. This is the solution.