Posted 6 years ago on March 25, 2012, 10:51 p.m. EST by Misaki
This content is user submitted and not an official statement
It's simple: a system that encourages people to work less at a higher rate of pay, but be more efficient so that the corporation profits. Which means all corporations should want to do it.
But each one that does it decreases the profit of all the other corporations. It's like a prisoner's dilemma with 18,000 players. (The number of corporations with more than 500 employees in the US: http://www.census.gov/econ/smallbus.html)
CORRECTION: Since it would include corporations in other countries, the number would be higher than 18,000.
PETITION ON CHANGE.ORG
From the comments: "I guess you could say that this way of 'destroying corporate profits' is a way, maybe the only way, to do it such that it increases the options for companies and their employees, instead of decreasing options. A difficult point to argue about I guess."
For those who say this would also mean the destruction of the economy: profits are what are left AFTER paying back loans, making new investments, paying all the workers, etc.