4 ms·
I think you are right but this site is mostly for the "Temporary Embarrassed Milionaires" crowd that identify more with those large companies than with the aver
by louwrentius 4y ago
I think you are right but this site is mostly for the "Temporary Embarrassed Milionaires" crowd that identify more with those large companies than with the average worker.
The irony is that many of them are actually part of this layoff reading this and still they don't agree with what is really happening.
The inevitable periodic 'crash' that is part of the capitalist system is a feature, not a bug. It helps suppress wages, keeps workers in their place. So I think you are right on the money.
So many more layoffs will be announced in the coming weeks. But remember: all companies will show (record) healthy profits none the less.
Even the hacker news crowd that lives lavishly and is mostly unharmed by all of this should not feel save at all, you are just as expendable as the anonymous warehouse worker or fast food person.
Speaking of which, the 100K+ tech worker has more in common with the average fast food or retail worker than the owning class: you are worker slaves that fear for their well-being if without work.
Unfortunately I'm afraid the HN crowd is just too comfortable to realise that capitalism is destroying everything, from freedom and autonomy to democracy to the environment.
- andrew_ 4y agoYeah that's bullshit. Came from a blue collar home, worked in the trades until I found my way into computers. Don't have a college education and carved myself out a nice career in tech being self taught and hustling for 20 years. From my perspective, this site is not for the "Temporary Embarrassed Millionaires," but unfortunately populated by too many from the "Sad I Missed The Bolshevik Revolution" crowd salivating whenever the opportunity to yell "You're oppressed brothers and sisters!" arises.
- louwrentius 4y agoThat's survivor bias: for you there are thousands who didn't make it for one reason or another and it seems that those are just to get fucked. 65%+ Americans don't have 500 bucks to their name. They are one car breakdown from deep shit. They call it the American Dream because you have to be asleep to believe it. -- George Carlin
- orangecat 4y ago65%+ Americans don't have 500 bucks to their name. They are one car breakdown from deep shit. This is of course not true.
- louwrentius 4y agoNarator: it is true https://www.cbs19news.com/story/34248451/6-in-10-americans-dont-have-500-in-savings https://www.cbs19news.com/story/34248451/6-in-10-americans-d...
- orangecat 4y agoI've seen many articles like that, and they conveniently never show the actual question that was asked. If I had an unexpected expense I'd probably put it on my credit card just for convenience, and then pay it off at the end of the billing cycle incurring no additional fees. But it would be silly to include me in the category of not being able to afford it. In reality, even most people in the bottom 20% of income have more than $500 in savings: https://www.valuepenguin.com/banking/average-savings-account-balance https://www.valuepenguin.com/banking/average-savings-account...
- louwrentius 4y agoYou are 'debating' in bad-faith and you know it. Always moving the goalposts, changing the narrative, inventing stories so they have excuses to wave the facts away. Bye!
- andrew_ 4y agoI'd hardly call a 30 year professional career in various fields and collars as "survivor bias." The network of people I've been exposed to over that period of time alone puts a hole in that argument. Tossing out that term to try and justify a terribly flawed argument is as silly as the unsubstantiated statistic provided as emotional evidence.
- 4y ago