Re:Growth is a mind cancer
by AndrewKemendo on Wednesday April 03, 2024 @06:06PM
(#39923853)
Your definition of “always” might be different than mine
There was a time not long ago and for the majority of human life that the modern concept of a equity based corporation with distinct split between owners and labor didn’t exist
So I’m not sure if always is accurate grounding or the base rate that should be compared against
Re:Growth is a mind cancer
by joshspankit on Wednesday April 03, 2024 @07:04PM
(#39924454)
What happened to the ice delivery workers?
Those who payed attention and had been keeping their options open went on to other jobs.
I don’t think “job stability” is ever really a thing in a changing world, more of a fantasy, and those who invest everything in it are really investing in their eventual discomfort.
I think a lot of how companies behave is defined by how they are constructed in law. For example, limited liability allows shareholders of companies to to be shielded from the consequences of "externalities" that their companies cause, which drastically changes their risk landscape compared to a counterfactual world where people were still legally responsible for their actions even when trying to make money
Re:Growth is a mind cancer
by Eddy_Viscosity2 on Sunday April 07, 2024 @08:21AM
(#39960254)
Even in this counterfactual world, and likely EVERY counterfactual world, people with lots of money (which equates with power) will always develop a system that will shield them from accountability. Any system like this is self-reinforcing because a few people with more money will always have a greater influence on 'the system' than the larger number of people with less money.
It's inevitable that people with power will use that power to their advantage. But the degree and the ways in which this is possible permit a vast spectrum of degrees, and adjusting this is a feasible problem of mechanism design. Limited liability in its present form is not an inevitability
What I mean is, it's absurd to expect companies not to behave the way they have always did.