Life without the big five: cutting out Amazon, Facebook, Google, Microsoft, and Apple.
capitalism Show more
While we're rant-tooting here, imma get down some of my thoughts on what I think are misconceptions on aspects of capitalism.
First, when you hear "pass the savings on to consumers" that's just marketing talk. If consumers are already willing to pay a higher price, why would they lower it even if they could? They'd prefer to pass profits on to themselves. Hell, they may be legally bound to pass it to their shareholders.
Then there's that old idea that if productivity goes up, workers work less. It's an old idea and it should be obvious that we're not working less. Hell, maybe more what with the new idea of the "hustle" and the gig economy. But I've still heard this brought up that if only we were more efficient we'd work less.
So what happened? Well, owners would like to make more money so they reap the benefits of more efficiency over workers making more/working less. I guess more efficiency does let us work less in terms of companies fire more/hire less when they're more efficient.
The only way workers would see benefits of efficiency is if it were more egalitarian, like more socialized.
(or don't tell their employers, like this related article, coders automating their own work.)
management, capitalism Show more
Interesting how CEOs get paid not based on their market value. I mean, it can be seen like it is. But you never hear a company trying to find a cheaper CEO or arguing for a lower wage. Instead, companies trip over themselves to give them gold parachutes.
And this just seems to follow the trend, you manage more people, you get paid more. That makes sense with the current system, the ones who determine that value are themselves the managers.
Don't get me wrong, management is its own specialized position/skill, it's just you can't use that as an argument when there are non-management specific roles that are deemed not as "valuable" simply because they don't have people under them.
But I do wonder how specialized, the knowledge of a manager or even CEO they need for that specific job is probably specific to that company, so how much outside skill they bringing in? Get a rando in there and I could see them doing just as good once they learn the ropes.
This all sucks if you don't care about management because that's usually the only way to "advance" in a career. I'm heartened by a new trend in companies for a "technical" career path in addition to the traditional management career path.
Of course, if we're talking pay based on value, janitors should be making more because not dying of listeria is pretty fucking important. But we should just break the wheel and bring down capitalism if we're at it.
Satellite from days of old, lead me to your access code!
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