Re:Lyft laying off 13% of staff
by ISL on Thursday November 03, 2022 @02:31PM
(#33455322)
Money isn't an illusion. It is a useful abstraction of human effort/potential.
The workers will be fired because the boss has run out of societal-effort credits.
The only "illusion" is the collective understanding that these "made-up" credits can be redeemed with other counterparties for human effort in the future. So long as we all approximately believe that idea, it works.
The workers will be fired because the boss has run out of societal-effort credits.
The only "illusion" is the collective understanding that these "made-up" credits can be redeemed with other counterparties for human effort in the future. So long as we all approximately believe that idea, it works.