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jumsdogpetter

2 karma · joined November 10, 2017

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jumsdogpetter··on World's richest 500 see their wealth increase by $1T this year
The theory is naive, dismissive, and wrong. Stock value increases are coming from optimizations within companies that reduce employee benefits and compensation. On the consumer side of things, profits also come from taking advantage of deregulation, lowering the quality and safety of consumer products and services. Executive leadership and investors are pocketing gains made from making everyone else's lives worse.

Getting richer has a strong relationship with making others poorer.

jumsdogpetter··on Big Tech: The New Predatory Capitalism
How dare anyone demand that their livelihood and human dignity not be continually chipped away for profit by the wealthiest and most comfortable minority of beneficiaries in the history of civilization. Unbelievable.
jumsdogpetter··on I went to production heaven
So dozens of plant workers all have more or less the same told experience about the human indignities of labor in Tesla facilities but the untruth goes "either way"? That doesn't seem honest of you.
jumsdogpetter··on I went to production heaven
Repeating truths usually does get someone upset.