{"id":379644,"date":"2018-10-04T17:58:18","date_gmt":"2018-10-04T16:58:18","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/the-fraud-of-amazons-15-wage\/"},"modified":"2018-10-04T17:58:18","modified_gmt":"2018-10-04T16:58:18","slug":"the-fraud-of-amazons-15-wage","status":"publish","type":"post","link":"https:\/\/rinf.com\/alt-news\/newswire\/the-fraud-of-amazons-15-wage\/","title":{"rendered":"The fraud of Amazon\u2019s $15 wage"},"content":{"rendered":"<div id=\"content\">\n<h3 class=\"nomargin\">\u00a0<\/h3>\n<h2>The fraud of Amazon\u2019s $15 wage<\/h2>\n<h5>\n<p>    4 October 2018<\/p>\n<\/h5>\n<p>Amazon\u2019s decision to raise minimum pay has been hailed by the corporate media and the political establishment as a show of generosity that proves the corporate aristocracy and working class can live in harmony.<\/p>\n<p>In reality, the paltry wage hike is part of a staged publicity operation to boost Amazon\u2019s image and pacify a growing movement among workers demanding higher wages and an end to sweatshop working conditions.<\/p>\n<p> \u201cThis is how democracy and capitalism are supposed to work,\u201d proclaimed the <em>New York Times<\/em> in an article titled \u201cAmazon\u2019s Surrender is Inspiring.\u201d The <em>Washington Post<\/em>, which Amazon CEO Jeff Bezos owns, posted an article by Jared Bernstein, a former economic advisor to Joe Biden, praising the company for delivering \u201cunequivocally good news.\u201d<\/p>\n<p>Leaders of both parties hailed Amazon, with Trump White House economic advisor Larry Kudlow calling Bezos a \u201cgood businessman\u201d and a \u201csmart guy\u201d for the move, which brings wages to $15 an hour in the US and to between \u00a39.50 ($12.39) and \u00a310.50 ($13.69) in the United Kingdom. Ex-Hillary Clinton advisor John Podesta tweeted, \u201cThank you Senator Sanders,\u201d praising Democratic Senator Bernie Sanders\u2019 role in orchestrating the wage increase.<\/p>\n<p> The fact the <em>New York Times<\/em>, <em>Washington Post<\/em>, Hillary Clinton, Donald Trump, and Jeff Bezos are united in enthusiasm should give workers cause for concern. Keep your eyes on your purses and wallets!<\/p>\n<p> Financial analysts and investors understand that Amazon\u2019s raise is actually a cost-saving measure directed ultimately against the workers themselves. The <em>Wall Street Journal<\/em> noted that Amazon will make up for the cost of the raises by driving-up productivity\u2014i.e., enforcing speedups and demanding higher rates.<\/p>\n<p>Amazon&#8230;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.wsws.org\/en\/articles\/2018\/10\/04\/pers-o04.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 The fraud of Amazon\u2019s $15 wage 4 October 2018 Amazon\u2019s decision to raise minimum pay has been hailed by the corporate media and the political establishment as a show of generosity that proves the corporate aristocracy and working class can live in harmony. In reality, the paltry wage hike is part of a staged [&hellip;]<\/p>\n","protected":false},"author":2526,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-379644","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/379644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2526"}],"replies":[{"embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=379644"}],"version-history":[{"count":0,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/379644\/revisions"}],"wp:attachment":[{"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=379644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=379644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=379644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}