On this day, 29 May 1969, car factory worker Máximo Mena was shot and killed by police during a strike in Cordoba, Argentina. The result was a wave of riots and demonstrations throughout the city by workers and students in what would become known as the ‘Cordobazo’, the legendary revolt of the Cordoban working class, which spelt the beginning of the end for the military government of General Juan Carlos Onganía. This is a history of the rebellion: https://libcom.org/library/working-class-protest-popular-revolt-urban-insurrection-argentina-1969-cordobazo https://www.facebook.com/workingclasshistory/photos/a.296224173896073/1134430620075420/?type=3
Two studies by the executive compensation firm Equilar on Friday revealed that CEOs of some of the wealthiest companies in the U.S. are seeing their pay rise at about twice the rate of the workers who make the day-to-day operations of their businesses run.
The Associated Press commissioned a study of compensation for 340 executives at S&P 500 companies which revealed that the CEOs earned raises averaging $800,000 in 2018—a seven percent increase over the previous year.
Workers would need to work 158 consecutive years to earn what their bosses make in one year, the AP reported.
When are we gonna take the gloves off, fellow workers?
It’s better to bet on this life than on the next.
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| — | Albert Camus, A Happy Death (via philosophybits) |






