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I agree with your logic here, but ideally Intel and AMD have to follow the same rules and find cause to terminate their employees OR pay out severance based on
by relax88 5y ago
I agree with your logic here, but ideally Intel and AMD have to follow the same rules and find cause to terminate their employees OR pay out severance based on duration of service.
You might follow this up by saying that this decreases global competitiveness as well, and you’re absolutely right.
When say for example HiSilicon’s employees work 12hrs a day 6 days a week and live in bunks on company property it would certainly be hard for Intel/AMD to compete. We then start getting into issues of worker rights being baked into international trade agreements.
When do we collectively agree to stop the race to the bottom ? Or do we just accept that labour has no value and humans are expendable?
I think most of the problems with this issue are rooted in the fact that capital is becoming increasingly more profitable than labour. It reminds me of “Capital In the Twenty-first Century” by Thomas Piketty.
- thebean11 5y agoCompanies providing welfare is inefficient, worse for workers, and doesn't help the jobless (of which there will be more if companies are responsible for welfare). Welfare is better left to the state.
- mc32 5y agoI agree with your points. The race to the bottom is a problem. Addressing the international aspect via trade agreements is a good step. Better unemployment benefits between jobs would help the domestic aspect.