3 ms·
> When a company had hundreds of millions of dollars in dead-weight over head for years and years, sooner or later, there will be consequences. This is like fun
by VictorPath 5y ago
> When a company had hundreds of millions of dollars in dead-weight over head for years and years, sooner or later, there will be consequences. This is like fundamental laws of physics that cannot be violated.
Most large companies have massive amounts of dividends being siphoned off from the workers who created the wealth, to heirs who are stockholders. Talk about dead weight.
- erik_seaberg 5y agoPaying employees is just another cost, paying shareholders (which happens to include me) is the purpose of a corporation. I buy food at the market price; keeping me alive doesn’t mean the supermarket deserves 100% of my pay. I sell skilled work at the market price; why would I deserve 100% of anything? I’m even leveraging the shareholders’ huge investment and earning far more than I would by myself or in a co-op.