Quote (bogie160 @ Jan 23 2020 11:13am)
Employment is a negotiation for services. You are paid requisite to the demand you command, which is a function of your skills and experience.
If you want welfare, ask the government to provide welfare. That isn't a problem that Amazon should or could solve.
I disagree, thats the way it worked before corporations, these days you can help build a company up from nothing, be their most productive worker and the most experienced.
That company gets sold to a venture capitalist corporation, they fire you, put up a job listing for your position at 35% less pay with 20% more responsibilities and do the same to anyone else of value.
Look at blizzard, its a flaming dumpster now that the venture capitalists are in charge, they pay below average wages and have no loyalty to anyone who isn't sitting on the board.
Corporations are structured now to always aim for endless profits and expansion, they have to answer to shareholders if they slow this at any stage, capitalism is a snake eating its own tail and guys like bezos are the head.
Quote (Black XistenZ @ Jan 23 2020 10:42am)
You're talking about fundamental flaws of the capitalistic system. I was supporting my statement that low-level millionaires should neither be vilified nor lumped together with the actual billionaire class.
https://www.forbes.com/sites/jackkelly/2019/10/22/the-number-of-millionaires-has-boomedheres-where-your-net-worth-ranks-compared-to-others/18.6 million people out of a population of 327m having a 7 figure net worth isnt too shabby. That's 5.68% of the population. So in a high-school graduation class of 30 people, you can statistically assume that 1-2 of them will be millionaires by the time they retire.
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The biggest current problem with the American Dream is not that it has become unattainable, the problem is that those for whom things dont work out fall too deep. Those in the 70-90% quantiles are generally doing very well. The true issue lies with those at the bottom who see no progress, and those in the middle (between the 40th and 70th percentile) whose position has become more precarious over the last generation.
I agree with everything you are saying and much of it is what i have been saying for years.
This post was edited by Plaguefear on Jan 22 2020 07:11pm