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Ah yes the famed 0 sum game. If that was the case, it should work both ways: when Bezos "lost" $20 billions of May 1st, how many skimmed labourers suddenly wer
by IMTDb 4y ago
Ah yes the famed 0 sum game.
If that was the case, it should work both ways: when Bezos "lost" $20 billions of May 1st, how many skimmed labourers suddenly were able to afford $1 million houses ?
- yellowapple 4y ago> If that was the case, it should work both ways Why would it? The notion that "it should work both ways" assumes that "both ways" are equally viable.
- int_19h 4y agoThe notion that employers are unfairly collecting economic rent from their employees doesn't require it to be a zero-sum game.
- junofan 4y agoWho’s paying less than they expected in today’s market? If anything it’s the other way round right now—lots of people are taking jobs for more money than they expected.
- int_19h 4y agoIt doesn't matter what's "expected in today's market" from this perspective, either, since the market can be extremely skewed in terms of bargaining power. What matters is 1) how much wealth any given employee generates, and 2) how much of that generated wealth they retain. Anything that doesn't end up in their pockets, and is not a business expense otherwise, is economic rent collected by their employer.
- spullara 4y agoI don't think you want to go down this path. The majority of the workers would likely be a net loss with gains attributable to a much smaller set of workers. I don't think people would like their income clawed back because they didn't end up generate excess wealth for the company.