4 ms·
The wage suppression and funneling of profits back up to the executive level already demonstrates that companies aren't really interested in keeping or attracti
by knuththetruth 8y ago
The wage suppression and funneling of profits back up to the executive level already demonstrates that companies aren't really interested in keeping or attracting talent.
Large corporations have succeeded at crushing working-class unions and convinced most white collar workers that they're not in their interests, even as working conditions and compensation for white collar workers slide downward (either directly, through abuse of things like salaried status to get unpaid overtime, or as they're extracted by various forms of rent-seeking like healthcare or housing costs).
Since there's essentially no check on their power and the American economy is tilting more and more towards favoring corrupt monopolies, why offer anything more than what they absolutely have to?