News for hackers. Stuff that matters.

A comment on Amazon to lay off 9,000 more workers after earlier cuts. Parent comment

Re:Amazon to lay off 9,000 more workers after earlier cuts by slt2021 on Monday March 20, 2023 @02:14PM (#35236044)
everybody gets same results regardless of input, merit, or effort
[ Parent | on HN ]
Re:Amazon to lay off 9,000 more workers after earlier cuts by alexandre_m on Monday March 20, 2023 @02:47PM (#35236599)
Everybody at the bottom of the state pyramid. The elites at the top get everything.
[ Parent | on HN ]
Re:Amazon to lay off 9,000 more workers after earlier cuts by camdat on Monday March 20, 2023 @02:47PM (#35236606)
And how is that communism?
[ Parent | on HN ]
Re:Amazon to lay off 9,000 more workers after earlier cuts by barneygale on Monday March 20, 2023 @02:51PM (#35236659)
So like rich kids with generational wealth under capitalism? Sign me up!
[ Parent | on HN ]
Re:Amazon to lay off 9,000 more workers after earlier cuts by slt2021 on Monday March 20, 2023 @06:48PM (#35239955)
According to statistics - rich kids squander ALL of their wealth in ~ 2 generations, so dont worry about rich kids. Stupid ones (of which there are a majority) wont be rich for long.

"Approximately 70% of wealthy families lose their wealth by the next generation, with 90% losing it the generation after that." [1]

1: https://fortune.com/recommends/investing/generational-wealth...

in the end only smart ones will have $$$, everything according to their merits/efforts

[ Parent | on HN ]
Re:Amazon to lay off 9,000 more workers after earlier cuts by barneygale on Tuesday March 21, 2023 @01:50PM (#35249784)
> According to statistics - rich kids squander ALL of their wealth in ~ 2 generations, so dont worry about rich kids. Stupid ones (of which there are a majority) wont be rich for long.

So it's not a meritocracy - it's an inter-generational relay race. A meritocracy involves a level playing field. A 100% inheritance tax would help.

[ Parent | on HN ]