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Classic free market fallacy. It's only a free market if there are other options available. Those in power control the options available and low regulation free
by altacc 4y ago
Classic free market fallacy. It's only a free market if there are other options available. Those in power control the options available and low regulation free markets enable them align at the lowest common denominator.
- FormerBandmate 4y agoHighly paid Twitter SWEs have a lot of other options, although the tightening job market is making it harder. Twitter’s competitors are also recruiting directly from it
- incone123 4y agoAt present there are other options available for Twitter workers. You make a reasonable point though; Its easy to imagine skilled engineers are doing well but equally we could say that its just the lowest common denominator terms and conditions for that kind of job are better than those for most other jobs.
- infamouscow 4y agoTwitter employees are compensated better than 99% of the US population and have more employment options available to them than virtually anyone on the planet. Give me a fucking break.
- q1w2 4y agoThe job market for engineers is still incredibly competitive.
- mc32 4y agoAre you saying all other companies are just Musk-company clones and thus treat their employees as Musk does? I get the feeling people think Musk's management style is an outlier and that's why they are complaining --but you seem to be sayin, "they're all like that and we have no options".
- s1artibartfast 4y agoThere are lots of help wanted out now and incredibly how unemployment. Options abound. Twitter employees wont starve to death if they leave. They might take a pay and lifestyle cut. do you consider that not an option?
- Closi 4y ago> Classic free market fallacy. It's only a free market if there are other options available. Those in power control the options available and low regulation free markets enable them align at the lowest common denominator. People don't pay good developers lots of money because they want to pay lots of money, they pay because good developers are in short supply.
- nebula8804 4y agoHmm this poses an interesting theory. We know that part of the motivation of Obama's "Learn to Code" initiative and the coding bootcamps was to increase the supply of developers. Now that there is supposedly a recession coming it might be the case that in the end it will end up tilting the scales back in the developers court. The reason being that not 100% of the bootcampers are in it fore the love of the job but only for the money. We will see people dropping out of the market and once it recovers we might be back in a situation where there were too few devs.