This article was originally published in Newsweek.
Having a job used to be synonymous with supporting a family. Corporations used to feel a sense of obligation to their workers, and if they didn’t, unions were there to make them pay a living wage, to make them pay laborers commensurate to their productivity, rather than what we see today—skyrocketing profits coupled with starvation wages.
There have been two responses to CEOs abandoning the welfare of their workers. While the Right has taken a laissez faire attitude toward it, the Left has pushed for the state to step in and pick up the slack in the form of expanded welfare programs and mandated paid leave.
But both of these approaches miss the mark. What’s needed is a cultural revolution in the business community toward restoring the family as a crucial value—and worthy of private sector support.
Leave a comment