much less defined pensions...they have low to minimum wages...can barely pay the monthly bills, and have no 'discretionary' funds to invest for the future...that's the current market situation...i.e. status quo...I could be wrong here, but it seems as though the only entity that can make a positive difference is...wait for it...the 'gummint'...state and federal. How this shakes out is unclear, but some leaders (on both sides) have shown, there is a "Will" to do something about it.
BTW, companies like Amazon aren't really helping those folks...their business model accepts extremely high front-line staff turnover rates (approaching 100%/yr) due to low wages and intense conditions...the concepts of profit sharing and employee growth aren't uppermost in their minds.
If corporations refuse to fairly 'share' the profits made possible by their employees, then the only other avenue for resolution appears to be government action. As I've mentioned a few moons ago, I worked for a company that did have the 'ethos' of "Sharing"...big time...and they were very successful. I'm hoping that incentives can be created that make as many companies as possible 'see' the benefits of sharing (low turnover...high morale...higher profits)...typically, that 'incentive' is clothed in a new tax package, geared to produce the desired outcome.
I very much welcome any and all alternative views/suggestions.