Re:Wage suppression – not stagnation – is costing workers $1...
by AndrewKemendo on Saturday November 04, 2023 @09:59PM
(#38147274)
Oh, well under capitalism (Blessings be to it) then you’re actually ethically required to do all those things on behalf of shareholders
So, carry on I guess?
Not that I disagree that would be nice, but what's the incentive to the company owner to do that under capitalism? As a purely business decision, you'd fire the highly paid experts and replace them with lower-paid less-expert labor. Which is exactly what's been going on with layoffs in the tech sector, just without the magic productivity multiplying machine, so this is not theoretical.