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OK, I'll give you a data point. Six years ago I went to work for a small (~100 employee) startup. Three years ago that startup was acquired by Intel, so for t
by lisper 3y ago
OK, I'll give you a data point.
Six years ago I went to work for a small (~100 employee) startup. Three years ago that startup was acquired by Intel, so for the last three years I've been an Intel employee. Last January Intel cancelled my project and laid me off.
So here I am at 58, seven years from retirement, unemployed, not because I was lazy or bad at my job, but because people I've never laid eyes on, people whose names I don't know, people who don't even know I exist, decided they needed to cut costs. And because I'm 58 and ageism is a real thing in this industry, the odds of anyone else hiring me are very low. 58 is awfully late in life to be forced to start over.
The problem with corporations is that by design they provide a virtually impenetrable barrier between one set of humans (the owners of the corporation) and another set of humans (the employees). This has benefits, of course, but it also has one very serious drawback, which is that it allows the first set of humans to treat the second set like a commodity, no different from wheat or pork bellies, but not the other way around. This asymmetry disempowers employees, robs them of their agency and personhood. And all this happens by design.
It really should come as no surprise to anyone that one of the side effects of this system is a lot of depressed people.