Why You Should Be A Socialist In 2024

From Second Thought.

As the new year approaches, now’s as good a time as any to reflect on what’s important and how we get there. Maybe 2024 is the year you realize you’re a socialist!

Why You Should Be A Socialist In 2024 – Second Thought
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Citations and Further Reading:

Covid wealth transfer
https://www.cnbc.com/2023/01/16/richest-1percent-amassed-almost-two-thirds-of-new-wealth-created-since-2020-oxfam.html
https://www.oxfam.org/en/research/survival-richest

Updates: Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers

Wealth transfer since 1975
https://www.businessinsider.com/wealthiest-1-percent-stole-50-trillion-working-americans-what-means-2020-9

PTO statistics
https://www.forbes.com/advisor/business/pto-statistics/#:~:text=Twenty%2Deight%20million%20Americans%20don,vacation%20days%20and%20paid%20holidays.

Ten richest double their wealth while bottom 99% of humanity’s fall/would still be richer than 99% of the world after 99.99% loss
https://www.oxfam.org/en/press-releases/ten-richest-men-double-their-fortunes-pandemic-while-incomes-99-percent-humanity

Nearly 100 million fall under $1.90/day during COVID
https://blogs.worldbank.org/developmenttalk/covid-19-leaves-legacy-rising-poverty-and-widening-inequality#:~:text=About%2097%20million%20more%20people,less%20than%20%245.50%20a%20day

Bosses bet on workers getting COVID
https://www.bbc.com/news/world-us-canada-55009228

Layoffs during COVID
​​https://www.bls.gov/opub/ted/2021/temporary-layoffs-remain-high-following-unprecedented-surge-in-early-2020.htm#:~:text=Hover%20over%20chart%20to%20view,End%20of%20interactive%20chart.&text=In%20April%202020%2C%20the%20number,and%20efforts%20to%20contain%20it

Why Socialism? – Albert Einstein

Why Socialism?

45% of new created wealth goes to top 1%/CEOs make 350x what their workers do/Wages are lower than 50 years ago/half of Americans live paycheck to paycheck/$50T transfer of wealth from bottom 90% to top 1% since 1975
https://www.theguardian.com/commentisfree/2022/sep/02/the-us-has-a-ruling-class-and-americans-must-stand-up-to-it

Vacation days & paid time off
https://www.cnbc.com/2018/07/05/heres-how-many-paid-vacation-days-the-typical-american-worker-gets-.html

Maternity leave
https://www.theguardian.com/us-news/2020/jan/27/maternity-leave-us-policy-worst-worlds-richest-countries

Legal & societal changes growing the gap between productivity and wages

The Productivity–Pay Gap

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