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UAW president Shawn Fain on labor's comeback: "This is what happens when workers get power", says 'billionaires should not exist'

www.cbsnews.com UAW president Shawn Fain on labor's comeback: "This is what happens when workers get power"

Last year striking workers won more generous contracts from the Big Three automakers, making up for pay cuts taken during the Great Recession, and marking a comeback for the labor movement.

UAW president Shawn Fain on labor's comeback: "This is what happens when workers get power"

"I don't think billionaires should exist," he said. "No one needs that much money. I think it's inhumane. Pick any city, walk around, you know, you see people starving, people without basic necessities. There's no excuse for that. And it's not because people are lazy or don't want to work. The billionaires that keep amassing more and more wealth, so they can build rocket ships and do whatever the hell they want to do, that does nothing for humanity."

"Your critics say that's class warfare," said Costa.

"Yeah, class warfare has been going on in this country for the last 40 years – the billionaire class has been taking everything and leaving the working class with nothing," Fain replied. "Whenever working class people ever step up and say, 'This is wrong, we want it to stop,' all of a sudden, Oh, it's class warfare. It's the end of the world."

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