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“We have to hurt people, otherwise how would we return profits to our investors” is the cardinal sin of the modern world. We’ve tied basic things like retiremen
by UncleMeat 4y ago
“We have to hurt people, otherwise how would we return profits to our investors” is the cardinal sin of the modern world. We’ve tied basic things like retirement to ever growing stock prices and cannot do anything to stand in the way of corporations sucking the world dry anymore.
- andsoitis 4y agoIn the case of layoffs, should a company instead invent work juts to keep people busy even if the company doesn’t consider that a good space to spend time on? Or if the workers don’t like it or find it pointless? If so, would you think we should compel companies to aim for (near) zero profit and in the process create jobs / work even if that work isn’t important (e.g. putting luggage upright when it falls over on an airport carousel)?
- UncleMeat 4y agoSure, why not? IMO an employer should have a greater responsibility to its employees and its customers than to its investors. There is a differences between "not important" and "not the most efficient way to increase shareholder value." Corporations regularly refuse to do work that I'd consider important as a customer because their investors don't see it as important.