Re:Amazon, Instacart delivery workers strike for coronavirus...
by chrischen on Monday March 30, 2020 @02:47PM
(#22730939)
Businesses don’t have “effort”. They have costs and revenues and if costs exceed revenues they just raise revenues (aka the price to the consumer).
If you think of a business as a machine, and the person who bought the machine as a stockholder, you would understand that a machine does not suddenly work harder because the person paid more for the machine.
Re:Amazon, Instacart delivery workers strike for coronavirus...
by tareqak on Monday March 30, 2020 @04:08PM
(#22731776)
A machine has inputs and outputs. It’s inputs have to of some level of quality to get outputs of some other correlated level of quality. A consistent supply of quality inputs is correlated with a consistent supply of quality outputs.
The trouble here seems to be maintaining a consistent supply that is sustainable.
Re:Amazon, Instacart delivery workers strike for coronavirus...
by legitster on Monday March 30, 2020 @03:04PM
(#22731150)
What if that's 25% of their workforce? What if it's 50%? Is it up to them to validate the veracity of the doctors' notes? Does Amazon pay full salaries for people who aren't going to work for 18 months? Does Amazon basically create an entirely privatized welfare system?
It just seems to be well outside the scope of things a business should be trying to solve and into the realm of what we have a government for.
Re:Amazon, Instacart delivery workers strike for coronavirus...
by majormajor on Monday March 30, 2020 @03:18PM
(#22731307)
If you leave the costs to the businesses then the businesses that find the most effective ways to cheat will have huge advantages over the ones that do not.
That's the opposite of what you want here.
These workers were forced to work during quarantine because the government deemed Amazon an essential business. As a result, Amazon stock's price relative gain to the S&P 500 tumble during this crisis is ~80%, that's almost a doubling of the stock valuation due to the uninterrupted business that these delivery workers made possible.
I repeat: AWS basically doubled their relative stock valuation, withstood one of the biggest stock market tumbles in all history, because their lowest level employees went to work at a point when everybody else stayed at home safe.