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And where would wages be if the biggest tech employers had not been blatantly colluding to depress wages, using illegal anti-competitive tactics? Paul Graham a
by amerliore 12y ago
And where would wages be if the biggest tech employers had not been blatantly colluding to depress wages, using illegal anti-competitive tactics?
Paul Graham advocates for free trade when it will increase the value of his portfolio and the wealth of his friends. He doesn't say a word about how free trade has been undermined by the illegal collusion of Facebook, Google, and Apple.
- arunabha 12y agoAgreed, there does seem to be a pretty asymmetric view of the effects of free trade by the VC crowd and the media. Case in point, there has been an almost complete radio silence in the tech and mainstream media about the wage suppression related class action lawsuit that is ongoing. There was a brief flurry of reports at the beginning, but ever since Aug, when the judge rejected the proposed settlement, there has been no mention of the lawsuit at all. The only people who keep the issue alive are the rank and file tech folks as witnessed by the comments section of any article related to tech wages and immigration.
- FranzVonSuppe 12y agoI would just like to point out Facebook was not among the companies indicted for collusion. Think what you will about Facebook, but it is on the high horse in this occasion.
- amerliore 12y agoYou're right. I would edit it but the comment is now too old to edit. My sincere apologies to Facebook. Here is a partial list of guilty companies: Apple Google Microsoft IBM Adobe Oracle Sun Intel Earthlink Virgin Genentech eBay / Paypal Pixar Intuit Lucasfilm Dreamworks Dell Comcast Clear Channel WPP AOL AskJeeves Lycos Oglivy Illumita DoubleClick