News for hackers. Stuff that matters.
Re:Capital Inefficiency by nyssos on Sunday October 08, 2023 @05:00PM (#37814364)
Those things don't constitute a capital strike. Businesses don't suppress wages to strongarm the government, they suppress wages because they want higher profits. Likewise with prices.

Return to office might be more organizational pathology than rational self-interest, but it's still not an attempt to influence policy.

Re:Capital Inefficiency by sharts on Sunday October 08, 2023 @06:08PM (#37814828)
> Businesses don't suppress wages to strongarm the government,

They do threaten to relocate operations overseas. And when they do, the wages paid may indeed be "higher" than average in the new regions.

Re:Capital Inefficiency by bugglebeetle on Sunday October 08, 2023 @07:30PM (#37815367)
Maybe, but there was also bipartisan legislation to crush the rail strike, simultaneous dismantling of pandemic protections on the state and national levels, the removal of the child tax credit, and so on and so forth.