Capitalism the Apple Way vs. Capitalism the Google Way (2017)

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by jhack on Tuesday January 08, 2019 @05:26AM (#18854596)

> The paths taken by Apple and Google manifest alternative answers to one of the main questions facing capitalism today: What should public companies do with all of the money that they’re making? Even as corporations have brought in enormous profits, there has been a shortage of lucrative opportunities for investment and growth, creating surpluses of cash. This imbalance has resulted in the pileup of $2 trillion on corporate balance sheets.

Pay your employees.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by xs567 on Tuesday January 08, 2019 @05:47AM (#18854666)

Pay your taxes, you mean?

https://www.theguardian.com/technology/2019/jan/03/google-ta...

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by moedersmooiste on Tuesday January 08, 2019 @08:36AM (#18855389)

Employees definitely deserve a bigger piece of the pie. Their share of company profits has been decreasing for decades.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by albertop on Tuesday January 08, 2019 @05:50AM (#18854679)

Lobby for a sane tax system that encourages re-investment.

[ Parent | on HN ]

[dead]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by whatshisface on Tuesday January 08, 2019 @07:57AM (#18855198)

They aren't starving because of Google, they're starving because of the dysfunctional governments in those countries. Donating can make it worse because a sufficiently dysfunctional society can pervert anything.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by xs567 on Tuesday January 08, 2019 @09:11AM (#18855583)

Sorry, in which country does paying tax = 'donating'?

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by whatshisface on Tuesday January 08, 2019 @09:32AM (#18855702)

Google isn't liable for very much taxation in Somalia...

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by xs567 on Tuesday January 08, 2019 @11:47AM (#18856952)

With respect you're being pointlessly petty. The argument is not that Google should donate to starving people in countries in which it's not operative. The argument is that instead of further pampering it's extremely privileged workforce indirectly via reinvestment or directly via higher pay, it should contribute more back to the global society from which it profits by paying its taxes fairly.

How can you argue aginst this when Google workers are collectively amongst the best remunerated in the world, Google is notorious for massive-scale tax avoidance and hundreds of millions of men, women and children around the globe are dying because they lack basic resources for life: Food, water and healthcare.

Each to his or her own I guess.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by whatshisface on Tuesday January 08, 2019 @12:25PM (#18857346)

The United States government is not the "global community." Paying taxes to the US government does little to combat death and starvation in third world countries. Maybe we can think of some good reasons for Google to contribute to American society, but starvation in third world countries is a red herring.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by matchbok on Tuesday January 08, 2019 @11:20AM (#18856677)

Global starvation is not Google's problem.

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by techslave on Tuesday January 08, 2019 @05:44AM (#18854655)

or more realistically, your investors (dividends).

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by cs_advice on Tuesday January 08, 2019 @07:44AM (#18855125)

Better to pay the workers. It's an absolute shame that Amazon it's making so much money and treating their workers like shit.

> Unions who represent Amazon workers have characterized its work conditions as “draconian” and physically demanding to the point of causing injury. Francisco Hervias, a worker who protested on Black Friday in Madrid last month, said at the time that he nearly lost his hand on the job.

https://gizmodo.com/amazon-workers-in-spain-and-germany-anno...

[ Parent | on HN ]

Re:Capitalism the Apple Way vs. Capitalism the Google Way (2... by lotsofpulp on Tuesday January 08, 2019 @08:56AM (#18855488)

Instead of targeting specific entities, the better way would be to introduce structural changes in a American society via federal laws mandating paid leave minimums and removal of non-monetary compensation like health insurance benefit.

A reduction in supply of labor will lead to higher wages, at the same time providing people with less stress and more time to participate in their community.

[ Parent | on HN ]