Politics Magazine

Right to Slave Wages is Now Possible as Your Own CEO.

Posted on the 23 May 2016 by Andy96

Another example of information you won’t get from profit centric MSM that must keep its profit master happy by entertaining the masses:

Steven Hill has written Raw Deal. Using companies like Uber and AirBnB, Hill discusses the next move in cheapening the wellbeing of the worker.

Employment used to include a living wage, a pension plan, a health plan, sometimes even paid overtime, vacation time, sick leave, 401K with a company match, etc. And these were all mostly paid for by the employer.

Then came the move to contract workers, where you got a living wage and much reduce benefits.

Now, with Uber, under the guise of being your own CEO, you depend on others to pay you, you then pay a percentage of your income to Uber to use their system for finding customers, and you take on all the expenses and liabilities of doing business. You have no benefits except “being in charge.” You must provide all the tools for the job, like your car. You have to figure out how to pay for the increased costs of driving and how you will replace your car sooner than you expect. You have to pay higher car insurance fees for all the extra driving you do and risk you take. You not only have to pay your share of Social Security and Medicare taxes, you have to pay the employers share as self-employed business owner.

And all the money you send to Uber is almost pure profit – for them.

Welcome to the #ShareTheCrumbsEconomy / #GigEconomy

“A 2014 study commissioned by the Freelancers Union found that more than one in three workers — 53 million Americans — are now freelancing. Other estimates predict that within 10 years nearly a majority of the 145 million employed Americans — 65–70 million workers — will be so-called independent workers. Sharing economy companies like Uber, Airbnb, TaskRabbit, Postmates and Homejoy claim they are liberating workers to become independent — “their own CEOs” — in reality, workers are forced to take ever-smaller jobs (gigs and micro-gigs) and wages while the companies profit handsomely. Indeed, some workers have multiple employers in a single day. Even many full-time, professional jobs and occupations are experiencing this shift toward precarity. Business consultancy MBO Partners has estimated that the number of freelance workers is projected to outpace full-time workers by 2020.”

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