> capitalist oriented structures running those operations cannot justify their profit share
They don't have to justify anything, they're profitable. Out compete them, with your 80% workers, if you think it's a better way.
> Personally I'm more optimistic about improved methods and machinery.
The companies are optimistic about machinery too, as it'll help them achieve the elusive 0% worker. It feels like you're trying to devalue humans out of any possibility of employment, not help them.
"Out compete them, with your 80% workers, if you think it's a better way."
Once there is a guaranteed alternative job available - to balance the power discrepancy - then competition can be turned up to 11. At which point these operations 'profit' will be seen as what it is - under bidding labour in a system that is systemically short of work.
Workers need that 'no deal' option adding. And businesses need the "what about the jobs, can I have a bailout" option removing. Then competition will be 100% fair - and effective. Driving forward the capital improvements we need to have a better standard of living.
> And businesses need the "what about the jobs, can I have a bailout" option removing.
Hell yeah. Welfare for business is bad.
> Workers need that 'no deal' option adding.
Well, yes. But to some degree you're supposed to build that for yourself. Without that requirement you have no incentive to save and work smart.
I don't think bosses should have the power (ie, society should disrupt it, you're right) to keep people on the edge of poverty so that they have leverage, but I also don't think people should have much say over their boss other than to refuse the job. Either unbalances the market.
They don't have to justify anything, they're profitable. Out compete them, with your 80% workers, if you think it's a better way.
> Personally I'm more optimistic about improved methods and machinery.
The companies are optimistic about machinery too, as it'll help them achieve the elusive 0% worker. It feels like you're trying to devalue humans out of any possibility of employment, not help them.