this post was submitted on 12 Aug 2024
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I think it's worth keeping 'wage theft' to that particular definition, to help with tackling what is a big problem and legally recognised (as illegal). And, as someone else said, so workers don't dismiss it as a far-off ideal and miss the chance to fight for their illegally-stolen wages.
Wage theft in the sense of theft of fair share of generated value/profit, needs a new name.
How about profit theft? Value theft?
After all, calling it wages already accepts the idea of owners and employees.