One of the basic tenets of Marxism is that labor has intrinsic value that precedes and is separate from the value of management and investing. Most leftists, even those who are not Marxist, have absorbed this concept of the value of labor.
In reality, the circumstances are the exact opposite. It is the skill and judgment of managers and investors that creates the value of labor. If you don’t own your own company or freelance, you rely on someone else to choose what work you do and how you do it. Their decisions create the value of the products and services you make. When they make mistakes, the value of your labor decreases and you should charge less for it.
(Via Instapundit.) Without capital to invest in production, nothing can be produced. If no one wants to own Ford stock, then Ford has no capital. If Ford can't make a profit, no one will want to own Ford stock. No profit, no capital, ergo no research-and-development, no new machinery, no marketing, no competitive advantage, no business -- and it doesn't matter how "fair" the terms of your employment are, if your employer is bankrupt.
The guy driving the forklift on the loading dock has no right to gripe about the gap between his wages and the salaries of the executives. If you're making $15 an hour on the loading dock and the VP of marketing is making $300,000 a year . . . so freaking what?
If you can get somebody to hire you at $18 an hour, go get it and quit your bitching. And if you have some skill that somebody's willing to pay $300,000 a year for, congratulations. It's your labor, and you owe it to yourself to sell it for the best price you can get. But the fact that people are willing to pay more for a VP-marketing than for a forklift driver is not the fault of the VP-marketing, and your senseless whining about "fairness" doesn't change the value.
Nothing is more idiotic than talk of "worker's rights." If you don't like the pay or working conditions where you're working, quit and go find another job. Otherwise, STFU. Try to think of yourself not as a "worker," but as an entrepreur, seeking maximum value for your labor in a free market. How can I enhance my value to my current employer? What new skill can I acquire? How can I become more efficient, more effective, more valuable?
Sitting around grumbling because you imagine that your employer is being "unfair" to you is just ignorant and childish. This is the idiocy of the labor-union mentality, which supposes that workers can combine to extort from an employer what he would not be willing to pay in a free market. That strategy might appear to work for a few years, or a few decades, but ultimately, you cannot fool the market. Overpriced labor -- that is to say, where wages and benefits are artificially inflated by union coercion -- is non-competitive labor. And eventually, non-competitive labor will be out of work.