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How does increasing the pool of labor not decrease the price of labor? This is economics 101.

sjtindell 6y ago
Nobody argues that. The OP said “the ultimate goal is...” and many people would argue against decreasing labor costs as the ultimate goal. More like a side effect.
- buzzkillington 6y ago
  So like bombing a Yemeni wedding. You want to kill one person there, but the other 50 are acceptable collateral damage. A very American solution.
voz_ 6y ago
1) Unemployment for software engineers is negative, there's way more room to hire skilled people before salaries become the reason people switch amongst top companies. 2) The poster I replied to stated that lower labor costs were the primary goal - and I refuted that. You seem to think I am stating something I am not.
TehCorwiz 6y ago
If diversity caused lower wages then we'd see a proactive push among corporations to create inclusive cultures to invite that situation. But we don't, because it doesn't.
- buzzkillington 6y ago
  Maybe read the article? Because they are and we are.
- banads 6y ago
  >we'd see a proactive push among corporations to create inclusive cultures to invite that situation. But we don't Wait, are you saying there has not been a push among corporations to increase diversity? >In 2003, MIT professor Thomas Kochan noted that companies were spending an estimated $8 billion a year on diversity efforts. But since Trump’s election, and with the emergence of movements like #MeToo and Black Lives Matter, the industry has exploded. A 2019 survey of 234 companies in the S&P 500 found that 63% of the diversity professionals had been appointed or promoted to their roles during the past three years. In March 2018, the job site Indeed reported that postings for diversity and inclusion professionals had risen 35% in the previous two years. https://time.com/5696943/diversity-business/ https://time.com/5696943/diversity-business/
  - throwgeorge 6y ago
    watch the hands not the mouth - take a gander at the demographics of microsoft/facebook/google and you'll see how much they actually support diversity initiatives
    - deleted 6y ago
      [deleted]
amznthrwaway 6y ago
We get it: you think that you (as a mediocre white man) will make more money if you continue to exclude minorities, and as such you want that to happen. It fucking SUCKS that HN is so full of racists and bigots that y'all just talk about this stuff, and Daniel Gackle just sits there and says he's doing a great job so long as the racists use polite language.
omershapira 6y ago
A labor pool doesn't increase because a company magically discovered under-served minorities. People who ignore how large their competition was to begin with tend to develop terminal exceptionalism.
- buzzkillington 6y ago
  How dare any worker demand a living wage. Look at minorities. They are poor and you need to be just as poor to not be a nazi. This isn't even a strawman in this case, since the company in question is literally cutting pay to its workers for the sake of minorities. The capitalists are very good at starting a race war to keep workers from uniting.

Nobody argues that. The OP said “the ultimate goal is...” and many people would argue against decreasing labor costs as the ultimate goal. More like a side effect.

buzzkillington 6y ago
So like bombing a Yemeni wedding. You want to kill one person there, but the other 50 are acceptable collateral damage. A very American solution.

voz_ 6y ago

1) Unemployment for software engineers is negative, there's way more room to hire skilled people before salaries become the reason people switch amongst top companies. 2) The poster I replied to stated that lower labor costs were the primary goal - and I refuted that. You seem to think I am stating something I am not.

TehCorwiz 6y ago

If diversity caused lower wages then we'd see a proactive push among corporations to create inclusive cultures to invite that situation. But we don't, because it doesn't.

buzzkillington 6y ago
Maybe read the article? Because they are and we are.
banads 6y ago
>we'd see a proactive push among corporations to create inclusive cultures to invite that situation. But we don't Wait, are you saying there has not been a push among corporations to increase diversity? >In 2003, MIT professor Thomas Kochan noted that companies were spending an estimated $8 billion a year on diversity efforts. But since Trump’s election, and with the emergence of movements like #MeToo and Black Lives Matter, the industry has exploded. A 2019 survey of 234 companies in the S&P 500 found that 63% of the diversity professionals had been appointed or promoted to their roles during the past three years. In March 2018, the job site Indeed reported that postings for diversity and inclusion professionals had risen 35% in the previous two years. https://time.com/5696943/diversity-business/ https://time.com/5696943/diversity-business/
- throwgeorge 6y ago
  watch the hands not the mouth - take a gander at the demographics of microsoft/facebook/google and you'll see how much they actually support diversity initiatives
  - deleted 6y ago
    [deleted]

amznthrwaway 6y ago

We get it: you think that you (as a mediocre white man) will make more money if you continue to exclude minorities, and as such you want that to happen. It fucking SUCKS that HN is so full of racists and bigots that y'all just talk about this stuff, and Daniel Gackle just sits there and says he's doing a great job so long as the racists use polite language.

omershapira 6y ago

A labor pool doesn't increase because a company magically discovered under-served minorities. People who ignore how large their competition was to begin with tend to develop terminal exceptionalism.

buzzkillington 6y ago
How dare any worker demand a living wage. Look at minorities. They are poor and you need to be just as poor to not be a nazi. This isn't even a strawman in this case, since the company in question is literally cutting pay to its workers for the sake of minorities. The capitalists are very good at starting a race war to keep workers from uniting.