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At least he was being honest. I think that many corporate executives have thoughts along these lines: they want employees to be so desperate that they'll accep

At least he was being honest. I think that many corporate executives have thoughts along these lines: they want employees to be so desperate that they'll accept low wages and bad working conditions. That is, of course, why they tend to campaign against e.g. minimum wages, food stamps, and reforms that would make it easier to unionize. The only difference is that other execs have the good sense not to put such thoughts in writing.

mateo1 5y ago
Yeah, this guy clearly hasn't worked in a company big enough to know he has to translate this to corporate speak for all written communications.
willcipriano 5y ago
People like this love food stamps. They are quite happy to have the taxpayer feed their workers for them. Many years ago I applied to work at Kmart. The wages were lower than I could get elsewhere so I pass and the manager offers to go over "the benefits", he tells me that I can get healthcare (Medicaid) and money towards groceries (Food stamps) as well as rent assistance (another government program). They had systems in place to help you apply to these programs.
- wave_function 5y ago
  According to this guy’s (possible wrong) view of market elasticity. More food stamps-> each person work more hours to survive-> more labor supply-> lower wages. (EDIT) Which would make him not like food stamps. There are other effects of food stamps, but in this guys view, that’s the dominant term. Maybe he’d like it for his own employees, but certainly not for the market as a whole. I guess it’s the opposite of “restaurants have to pay people more to compete with coronabucks” narrative that started a year or two back.
greedo 5y ago
At a certain level, I'm convinced that sociopathy is a strong factor in the executive world. They don't view the workers as fellow humans, but as a cost center to be minimized. Or rubes to take advantage of. They suppress what little compassion they have and are often rewarded by owners and boards of directors for hitting the financial numbers. Not all are like this, but it sure seems like a trend. For every Dan Price, there are a thousand Jack Welch clones.

mateo1 5y ago

Yeah, this guy clearly hasn't worked in a company big enough to know he has to translate this to corporate speak for all written communications.

willcipriano 5y ago

People like this love food stamps. They are quite happy to have the taxpayer feed their workers for them. Many years ago I applied to work at Kmart. The wages were lower than I could get elsewhere so I pass and the manager offers to go over "the benefits", he tells me that I can get healthcare (Medicaid) and money towards groceries (Food stamps) as well as rent assistance (another government program). They had systems in place to help you apply to these programs.

wave_function 5y ago
According to this guy’s (possible wrong) view of market elasticity. More food stamps-> each person work more hours to survive-> more labor supply-> lower wages. (EDIT) Which would make him not like food stamps. There are other effects of food stamps, but in this guys view, that’s the dominant term. Maybe he’d like it for his own employees, but certainly not for the market as a whole. I guess it’s the opposite of “restaurants have to pay people more to compete with coronabucks” narrative that started a year or two back.

greedo 5y ago

At a certain level, I'm convinced that sociopathy is a strong factor in the executive world. They don't view the workers as fellow humans, but as a cost center to be minimized. Or rubes to take advantage of. They suppress what little compassion they have and are often rewarded by owners and boards of directors for hitting the financial numbers. Not all are like this, but it sure seems like a trend. For every Dan Price, there are a thousand Jack Welch clones.