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Exactly this. The labor market has been heavily weighted for the laborer lately, and this whole "macroeconomic headwinds" chant we're hearing from leaders of ev
by beams_of_light 4y ago
Exactly this. The labor market has been heavily weighted for the laborer lately, and this whole "macroeconomic headwinds" chant we're hearing from leaders of every Fortune 500 right now is simply them trying to stave off further increases in wages. The macroeconomic issues aren't going to realistically affect Google or most large companies.
- mandmandam 4y ago> The labor market has been heavily weighted for the laborer lately Is that remark missing some context? Employers have posted record profits while making savage cuts. They've availed of massive subsidies without any oversight. The wealthiest have hoovered up damn near all of the productivity gains of the last 50 years, and are still doing it. This while rent has skyrocketed and the cost of living has inflated hugely. We're now at the point where many fully employed people across the neoliberal world are homeless, and many others are barely surviving, while their employers are buying new luxury cars and yachts. It's perverse, and you might want to be careful saying that laborers have it easy out there in the real world because there's quite a bit of resentment about it all.
- unity1001 4y ago> fully employed people across the neoliberal world are homeless Until you people start having the courage to name capitalism instead of using escape words like 'neoliberal', things will keep worsening the same.