alt Hacker NewsIt is not socialism to note that in the past, some companies have believed that their optimal relationship with their employees required recognizing their value and awarding them accordingly, thusly allowing them to attract/retain the best employees as well as maximizing the quality of the output from those employees. There has always been such a spectrum, that's not socialism. The trend to notice is that the spectrum is so strongly weighted towards the merciless, cutthroat end of things that may actually not be optimal for long term survivability of those companies whilst also as I noted, be breaking the social contract that workers have assumed for decades, which is also not socialism.
Socialism has a specific meaning, it's not just a label we get to put on behaviors that we - or rather, specifically you in this case - don't like.
There's never been any such contract. You guys must not have studied the Great Depression at school.
Or more to the point, productivity has consistently outpaced pay for most of the US workforce since the mid-1970s. That's ~50 years that companies have been ripping you off. It's only now you notice, because rent/mortgage/school/medical have finally become so much larger than pay.
Well now you get to live through the Great Depression and study it up close.