You don't have to be a Marxist to conclude that the working conditions of millions of American workers today are akin to wage-slavery ("Jobs are coming back, but they don't pay enough," Aug. 27).
According to columnist Robert Reich, the shareholders of the mega-corporation that operates Taco Bell, KFC and Pizza Hut received a 15 percent return on their investment. Meanwhile, large numbers of the fast-food workers who deliver their products don't earn enough to rise above the poverty line.
I think these anonymous shareholders, who are in fact the owners of the corporations in which they invest, are just as complicit as their highly-paid executives in benefiting richly at the expense of workers who can barely make ends meet. That these same workers' productivity has steadily increased corporate profits for more a decade is nothing less than a moral obscenity.
- What the Corvette Stingray tells us about America's place in the global economy [Commentary]
- Tax credits for working families [Editorial]
- Costco shows the value of unions [Letter]
- The GOP plan to attack poverty
- Are you ready to act?
- Paths to the top in America
- Kentucky Fried Chicken
- CEO Pay
Mr. Reich is being overly polite when he says providing a living wage to every worker would require only a modest "trimming" of executive compensation and shareholder returns.
The nation's workers should not be short-changed just because of corporate America's desire for unlimited profits.
Howard Bluth, Baltimore