Rich people are just better, and because they’re better anything they do with their money is automatically better. So they should get all the money and if you want to be a good person just get rich like them.
The ol’ more money = better than theory
David Cross, my love!
Oh so that’s why I’m such a terrible person. This checks out.
It’s funny because it’s really close to the truth:
Rich people are just better [at getting other’s money], and because they’re better [at getting other’s money] anything they do with their money is automatically better [at getting other’s money]. So they
shouldwill get all the money and if you want to be a good person [at getting other’s money] just getrichbetter [at getting other’s money] like them.
The difference is that when you say “I can’t pay my employees more” most employees begrudgingly accept the pay they get anyway. But when someone says “I can’t pay my rent”, the landlord evicts them.
If not paying your employees more actually resulted in having no employees, they would be equivalent. The only practical way to make that happen is unionization.
It’s bizarre seeing that disconnect in real life.
At my last job, the wages were stagnant for years. The company held meetings to boast that they were making record profits, the highest increase yet. The following month, they refused to raise wages because it would be too expensive.
Somehow, they were shocked when practically everyone who was skilled left. They couldn’t get new people in the door, either.
They ended up having to raise everyone’s wages. (YAY union!)
You’re so close to hitting the fundamental truth here.
A landlord evicts someone who cannot pay rent because there are other people who can pay rent.
Employees leave if an employer pays too low if there are other, better-paying options available.
As there are typically, though not always, more available workers than available jobs at a given pay rate, the workers lack the employer demand necessary to set pricing wholesale.
The reason wages have been rising lately is because employers have been unable to find workers at previous salaries. There are most definitely businesses that have folded because of this - the business model for those companies did not account for higher wages, and raising prices was not possible in the interim.
That’s the actual interplay between these market forces, and yes, the reason that unionization is effective (and often necessary) in raising wages. It’s why collective bargaining is an essential control on labor markets
Correct. In one example the tenants are against the actual contract they need more than the landlord. In another it’s the other way around with business owners and employees.
It’s about negotiating power. Life isn’t perfect. Everybody has their own idea of humanism, fairness etc (albeit often similar to many other people). From that point to synchronize you either walk away, negotiate or use violence. The latter should cause immediate removal of the initiator from the society, though that doesn’t happen IRL - IRL that initiator is sometimes rewarded by various cockroaches. Walking away or negotiating is what normal humans in general do with varying results.
They accept it because what else can they do? A lot of them aren’t in unions and even if all of them quit, how are they going to find new jobs?
The thing is that it hurts the employer just as much as the workers if everyone quits, so if you unionize first, then threaten to stop working, then you’ve got someone who can negotiate with the employer so that you don’t have to quit and you get paid enough to not make you want to quit.
At my job, and I am looking for work elsewhere, you had to sign an employment contract saying you wouldn’t unionize. That doesn’t sound legal, but this is Indiana, so it probably is. If you want to know why I signed, I was desperate for a job.
It’s illegal. Every worker has the right by National Labor Relations Act.
As said above, not a legal clause. So signing it is the smart thing to do – you can just ignore it and unionize anyway if you want.
It’s nice that they get written consent to fuck their employees at least.
If the corporations are making record profits, that means theyre hiring, it means you can go work for a rival.
I’m looking. The problem is I have sort of a weird and eclectic resume, which doesn’t look great to employers.
Both wages and prices are those most advantageous to the owning class as most oppressive to the working class.
The purpose of the post is to challenge the austerity narrative, of the immiseration of the working class being natural or necessary, more than simply desired by the greed of the owning class.
They think they got rich by sacrificing lattes and avocado toast. Therefore… you can be rich too!
I still remember reading a blog by someone explaining how easy it is to become rich like them. Step 3 or 4 was “Rent out the downtown condo your mother gifted you when you got married and continue living at home working at your parents non-profit” because obviously everyone gets a free condo when they get married.
As much of a joke as it sounds, the person was completely serious.
Mitt Romney’s wife shared this lovely story of when they were in college, they didn’t ask anything from their parents. They’d come visit and got them a nice dinner, that was it. Ann Romney had to order carpet samples and sew them together so they didn’t have to walk on bare floors. Sometimes, they were so stripped of cash that they had to sell stock to get money. They had to sell stock. SELL. STOCK.
She probably thought it was an uplifting story.
I vividly remember that and it really was as out of touch as it sounds. Mitt released a bunch of tax returns at least, voluntarily unlike someone else, and they confirm his extraordinary wealth. Out of touch doesn’t begin to describe some of these people.
Rationalizing something that just happened to you in life’s lottery is a very common thing for humans.
I mean, some people here thinking that they are not “rich” because of being honest, cause all the “rich” are dishonest bastards, is of the same root.
I agree that both are wrong and also that being that disconnected from the reality is bad. It’s just that there are much more categories other than rich/poor in which many of us got the longer stick.
It’s Murphys golden rule: whoever has the gold makes the rules
Because they can afford to pay the propaganda bots to mass post shite all over the internet
Shareholders are leeches on society. Every dollar they earn was snatched from the workers that earned that dollar. We should focus on incentivising people that work for a living - not the lazy cunts that just own shit.
And unfortunately businesses have abdicated their responsibility for their workers retirements to the market. Many of us are now shareholders by way of our 401Ks.
They steal our retirement, I think it’s fair we steal their companies and resources.
Personally I sleep much better at night knowing I’m in control of my own wealth and retirement planning. I wouldn’t want my retirement to be in the hands of a pension plan administered by my employer or a third party.
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Please please please be referring to the toys.
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I would be eagerly sharing my toys, but fuck such kids.
So… No toys?
They can afford to give the employees a bigger wage, they just don’t want to because the employees are willing to work for the current wage.
That and even small raises over a large group add up significantly. It’s literally cheaper for them to spend millions fighting it.
Willing takes out all the nuance. Forced to do so because of market forces, available jobs, location, skills, other responsibilities…
The illusion of choice
Your landlord can’t pay the morgage!
Well… you see…
ELKG: “Trickle down economics” is a lie, but there is a truth that nobody speaks “Trickle down memes”. Billion dollars of capital spent making movies that fill all the meme networks. And audiences who bitch and complain if one CGI scene has the slightest distortion, who bitch about production quality at every opportunity. They are addicted to the billionaires who fund their “Trickle down memes” that they copy/paste to every social media website for decades.
EL_Toddler: The Population of society is addicted to the images, faces, voices of the rich and powerful - even when they are incredibly ugly icons - they can’t stop speaking about their distinct orange skin color and the power that comes with political power and media stardom - “you can grab them by the pussy” power.
That power comes from the population, The People, who can’t resist repeating the memes. Worked for The Church in Europe in 1450 when the population was similarly meme-addled until a priest in Germany upset the meme apple cart and translated The Meme Book to German from Latin. A new printing press in Germany helped that too, even if The Church funded the first printings.
Remember kid, Tricke down Economics is a lie, Trickle Down Memes and images of the politicians, religion symbol memes, orange skin color images, they TRICKLE DOWN and that is REAL POWER over The Population! A population who can not resist taking an image of a famous orange person and repeating it hour after hour on their meme copying machines they hold in their hands or sit on their desk.
P.S. In polices, repeating a name alone, campaign signs that just show a couple colors on meme symbols and signs - work well on the population. This is proven with statistics of voting results vs. money spent on spreading the name. People generally do not go into issues and validate the performance after election that the politician is honest and delivers… name recognition by shear trickle-down of meme signs in yards, endorsements by other meme icons of society, and repeating their image and name in other places is what it takes.
If You have 2 Apples, You can’t eat 3.
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Two neoliberals won’t be our only choices forever.
We have competition amongst economists and the marketplace of ideas will always continue to evolve toward better neoliberalism.
That’s funny because this system is highly inefficient and anti-meritocratic. The marketplace of ideas seems like it doesn’t even stock my favorite brands.
Yes, Hayek is still relevant. And you are right, just took time to understand.
People thinking he’s not are ignorant in mathematical statistics, control theory and obviously economics. I mean, ignorance and leftism, as always.
Lots of bootlickers are simply not understanding the intended message, of challenging the austerity narrative promulgated by the ruling class, which supports their selfish interests of private accumulation by oppressing the working class.
They don’t care, you do. Change will not come from them, only from you.
The problem is that if it doesn’t come from them then there will be no change.
General strike. Nobody shows up to work worldwide.
Problem is more that 50% of humanity are scabs.
That’s not true. Labor laws today are much, much better than 100 years ago, and not because billionaires decided to be good.
No, it’s because when taking wasn’t getting shit done and the owners used cops to get violent to force them back to work, workers got violent right back, but they stopped too soon. The owning class should have been hunted down and eaten right then.
This is the fundamental issue. Our society is set up so that there is a negative correlation between the probability someone will have control to direct society and their suitability to do so.
