Edit: Now that I'm on break I can give an example that I experienced. My boss was trimming hours off of my checks at my first job. Like I'd work 40, he'd pay me for 35. I'd constantly have to get on his as to get a check for those hours. Eventually the place got shut down for other reasons.
That is not what wage theft is. Wage theft is when you don't get paid what you're legally supposed to receive. Examples would be clocking you out before done working so you get less hours, not tracking overtime properly, etc.
it is not even "no increase". wage increase not proportional to profits is wage theft and wage increase not higher than inflation is horrible management.
Because profit shouldn't exist. AAt no point in time does the top of an org get to plunder all the money generated from everyone working inside it. Time and time again we've seen there is no actual risk to buying an already profitable business and stripping it for parts or just gleaming the profit. So why do we have to burden all the costs and risks of embedding ourselves within an organization with no clear gains? Fuck the entire system, and fuck heirarchies.
Record profit numbers because of inflation, inadequate wage increases because of under reported inflation due to consumer price index fuckery. If we could only fix the money.
Folks coming in here "ðÆt'S nOt WeIdJ þeFt ĐæT's KæPiTeLiZm!" running face first into the point and still missing it.
Also, don't forget spending more fighting unionization than the higher wages and better working standards would cost because it's not even about profits to these parasites, it's about spite and getting to lord over people with nowhere else to go on short notice.