A letter a day to number 10. No 1,122
Friday 19 June 2015.
Dear Mr Cameron,
Money is fraud. Money doesn’t actually represent the value of our labour, or anything else, money is a way of cheating us out of the actual value of our labour such that we have to keep coming back to be cheated some more.
We don’t get to keep the profit from our labour, we’re given a small part of what our labour is actually worth, the profit from our labour goes to someone else, typically the factory, business owner or share holders. Once all costs have been accounted for which includes the wages bill, all the additional value our labour has produced is taken by the business owner. Thus the value of our real productiveness is taken from us in a constant upward flow of wealth accumulation at the top. This is regarded as a fair and just reward for the risks that businesses take to set themselves up and establish themselves long after the owner has been repaid for the effort and risks involved. At no time is a point reached, except on rare occasions, when employees begin to get a share of the profits of their wealth creation. Employees may receive a raise, called a cost of living raise, or for promotion, but this is not profit sharing.
This gang rape mentality is exemplified by Gina Rinehart, one of the worlds richest women, who called for lowering wages to remain ‘competitive’. The exploitation of labour is so ingrained in the mentality of work it has all the unquestioning power of religious doctrine. It’s an article of faith which keeps workers enslaved to the meanness of their existence, every worker paid the minimum wage is forced to return each week to be exploited some more on an endless treadmill of exploitation.
In America, the land of opportunity, the American dream remains an empty dream for the majority, and opportunity for the few is bought at the vast expense of the many. Walmart, owned by the richest family in the United States and one of the richest in the world, has achieved their multi billion dollar status by the ruthless exploitation of its workforce. Recent news that Walmart are raising pay for half a million of it’s poorest workers has only come about through endless struggle and profit sharing is definitely not on the negotiating table. Whatever struggles Sam Walton and his brother Bud, who founded Walmart, may have had in the early days have been repaid billions of times over with the six Waltons currently on Forbes’ list of wealthiest Americans having a net worth of some $144.7 billion. The Waltons have more wealth than 42% of American families combined and Walmart’s entire workforce will doubtless be contained in that 42%.
This isn’t the politics of envy, that’s just another ‘rich’ lie, this is the reality of socialism and benefits for the rich, capitalism and exploitation for the poor. It’s what lies behind your lie of making work pay by removing all the social safety nets to promote exploitation and the vicious subjugation of the poor to fraudulently rob them for profit.