What is happening now seems to be a claim of not being rich at all, which is honestly just weird.
>the average one percent household in the larger San Francisco-San Mateo-Redwood City region makes a whopping $3.5 million plus.
You can also use the average instead of the median, and get a much higher required income for the top 1% :)
The median household (ie entire family) income in the US is 70k. Even in california it's ~100k.
The point was clear - Tech is very wealthy, and believes they are just the random common person.
The serf analogy makes sense for low-income Americans who essentially have to pay more to the capital class: payday loans, cannot afford bulk discounts due to low cash reserves, rent vs buy, crippling debt, etc
FB white collar workers are literally the capital class, eg, paid in RSUs and LI profiles advertising as angel investors
The only reason I am writing this is it's super disheartening to start the day with seeing engineers not understanding how historically lucky they are, and much more importantly, how rotten the situation is for their neighbors. "Tell me you and your family have never struggled without.."
As a historical note, most Americans are taught enough empathy to not joke about slavery. But guess what: serfdom was happening around the same time, has a lot of violent similarities, and also has descendants who are not thrilled by it. But don't let this distract from my primary point about misunderstanding that technologists are the gentry here, not the serfs, in this terrible analogy.
Context: I live in $NOT_BAY_AREA and the amount of money you folks make while complaining as if you’re an Amazon warehouse worker really rubs me the wrong way. It seems to me that Bay Area tech people (or at least the ones in this thread) lost all sense of reality.
I get that getting fired is stressful but if your skillset is in such high demand as tech skills are in SFBA, it’s not class struggle.
I don’t disagree that layoffs like these are stupid, preventable and maybe even mean, I merely disagree that it’s oppression. It hurts the people who do get oppressed and not paid a living wage.
All people who sell their labor are in the worker class, period. Pretending that being paid a token amount to feel special and make them see fellow workers as not in the same boat is unhelpful.
Contrast this with a person with many millions or billions in wealth. That person literally does not ever need another paycheck to live. In other words, they do not need to work to live, unlike a typical worker making wages.
What does that mean?
The 300K is the paycheck (annualized). It's what they use to pay expenses to live. If the paycheck goes away you no longer can pay those expenses.
i.e. of course they need the paycheck to live.
Are you suggesting someone who made 300K once can now retire instantly and never again need a paycheck? It doesn't feel like the above quote is fully thought through.
Now, sure, if they've been making 300K for a couple decades, hopefully they've stashed away enough to eventually retire. But that's a very different statement.
The senior software engineer at Meta has far more in common with a blue collar guy living paycheck to paycheck than he has with a CEO whose wealth grows faster than his or her ability to spend it.
I've said this before but the way I see it, almost all of us are N missed paychecks away from bankruptcy. For a lot of people, that N is 1, for some, it's 2 or 3, or even higher if you managed to save wisely. But we all have some number N. And the fact that we have that number should unite us against the few people on the far side of the derivative curve whose N is infinite. Tech workers had their relatively brief moment in the sun where their N was maybe 10-20, it got to our heads a little, and we started thinking we were "very different than a blue-collar worker".
The nice explanation is that if you’re doing well, you may be happy to pay lots of taxes so others can do well too.
The selfish explanation is that you want to live in a community with low crime and high trust, which requires a certain baseline living standard for everybody.
Only with the, in my experience uniquely American, idea that people can’t possibly be in against a policy or situation if they’re not immediately short-term personally hurt by it do you need this doublethink that tech staff at Meta are being oppressed.
No. The senior software engineer at Meta and the CEO can both afford a comfortable lifestyle. Yes the CEO can afford a more comfortable lifestyle, but they're still limited by things like health. The blue collar worker earning $30k a year is in a different position entirely.
I know both people who are very rich and people who are poor. The very rich and the senior-engineer types both live comfortable lives. Yes the very rich can have more luxuries if they so desire, but who cares? Not even they do...
The poor live a different life: Freezing winters without heating, 8°C inside their home. No access to warm water. Calculating cost vs calories for food they buy so they get the calories while spending as little as possible.
The idea that facebook developers are “the working class” engaged in a class struggle to overcome oppression is just.. wow way out there! The struggle exists but it’s not at Meta engineering.
EDIT: I’m not saying layoffs aren’t mean/stupid/preventable. I’m only saying that it’s not oppression or class struggle. I can’t understand that people can write this stuff on HN while living in a country where it’s legal to pay restaurant staff below minimum wage cause hey tips amirite. There’s plenty class struggle in America, let alone the world, but not a whole lot of it at Meta.