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A company's fiduciary duty is towards shareholders, which forces a mindset where Employees fiduciary duty should be towards themselves. People will Unionize or
by pvelagal 11mo ago
A company's fiduciary duty is towards shareholders, which forces a mindset where Employees fiduciary duty should be towards themselves.
People will Unionize or create laws where companies's fiduciary duty should be towards both employees and shareholders.
Well, this is all until Elon's Robots will change everything :)
- taurath 11mo agoPeople won't unionize because they don't actually have very much power nowadays compared to corps. People who unionized in the 40s, 50s and 60s could afford a home on an hourly wage. In the labor market its pretty much serfdom, unless you come from money. Look at rents vs incomes for goodness sake