this post was submitted on 19 Sep 2023
333 points (95.6% liked)
Technology
58151 readers
3747 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Kinda reminds me of a guy I used to hang out with. He had found out that the US shreds old currency, and was utterly appalled. "They could just give that to people!"
"OK, Mike, the government could easily give every American $1,000,000, tomorrow. You want that?"
"Hell ya!"
"OK, you know I mow lawns for a living, $30 a pop? (early 90s!)"
"Yeah."
"Now pretend you have a lawn you want mowed. Fuck I want $30 for? I have a million! I'm going to need $10,000 to even think about it."
The whole idea baffled him, never got it.
But yeah, where we're at now is fucked up. I get that CEO pay is determined by the market. I get that dropping CEO pay won't make a dent in line worker pay. But still, the wealth disparity is heinous.
And the worse it gets, the more influence the rich can buy and the less the rest of us have.
On the flip side, this is a great way to illustrate the coercive nature of capitalism. Most jobs wouldn't exist if mindless productivity wasn't a prerequisite to feed your family