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We don't have the money
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this post was submitted on 16 Sep 2023
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Antiwork
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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.
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Start here! These are probably the most talked-about essays on the topic.
- The Abolition of Work by Bob Black (1985) | listen
- On the Phenomenon of Bullshit Jobs by David Graeber (2013) | listen
- In Praise of Idleness by Bertrand Russell (1932) | listen
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If you gave the Ford CEOs income evenly among all the employees, it would be an extra $200 a year.
CEO-to-worker pay ratio isn't a particularly useful metric but it does a good job making people rightfully angry.
Maybe the point, which you're missing, is that nobody should be making that much money at a company.
Fair enough but the "we don't have the money" part is what doesn't really make sense. CEO compensation, however egregious, is still a very small part of total payroll.
Ok, now add in all the other C-suite execs and the board of directors
The board of directors is not on payroll, they're the owners, they get dividends or can sell part of the actions.
Shilling for millionaires?
Fuck off yo.
It's not meant to be taken literally, it's meant to show how ridiculously inverted the current distribution of wealth and resources is in virtually all major US industries. The point is that the money is there. It's just getting sucked up to the top.
I mean that's kinda up to the board of directors, isn't it?
"It's ok because other rich people are saying its fine to pay rich people a ton of money"
CEOs shouldn't be payed less, because I will be CEO of Apple in 10 years.
If you can't spell "paid" you probably don't know enough about how any of this works to have a strong opinion
If you think I can't have opinion on that because english is my second language, then I guess we are done, yes. Because I don't want to have anything to do with you.
I just haven't use that word in past time in a while and I forgot. Something felt weird while writing it, but I don't feel the need to spellcheck everything for somebody on the internet.
Couldve just not responded at all
So you're saying we'd only need to sacrifice the pay of one guy to get free or mostly-paid-off utilities or groceries or gas for an entire month for hundreds of thousands of people? Seems like a worthy sacrifice.
I don't think @aport@programming.dev is saying CEOs should be defended, but rather that their income isn't a good measure for the rate of exploitation, because a great part of the companies profits that aren't retained are divided among the shareholders, that is arguably where the greatest theft lies.
We need to sacrifice the shareholders. You know, the real victims here...
#fuckyourdividends
Reich also went out his way to screw the working class. Citing him just shows someone is citing someone that is saying what they want to hear.
He went out of his way to screw people when he was in power.
At least he got minimum wage increased
He did not such thing. Congress has the power to set the minimum wage. Maybe you need to brush up on how bad this man destroyed the middle class.
Sure, he didn't specifically himself pass it, but he was Secretary of Labor and he lobbied for it. He's also the reason we have FMLA.
I don't think it's fair to say he "destroyed" the middle class.
Fmla is garbage. 12 weeks of unpaid time off
Yes it provides job protection but many people can’t afford that much unpaid time off.
It’s fair. He went against the unions to push nafta through which decimated the middle class. We say lots of high paying manufacturing jobs move to Mexico and Canada. That decimated the middle class and he knew it. You either defend unions or you don’t. He didn’t. It destroyed the middle class last
https://www.epi.org/blog/naftas-impact-workers/#:~:text=By%20establishing%20the%20principle%20that,end%20of%20World%20War%20II.
Can you recommend a place to start brushing up on that?
In what way did Robert Reich of all people "go out of his way to screw the working class"?
This should be good..
Guessing it's this:
Sounds more like him being wrong and/or lied to by the Clinton administration that was mostly far to the right of him on just about anything than any sort of malice on his part, much less "going out of his way to screw the working class"..
That is an extremely generous take.
Not really, no. Would be extremely out of character and go against what he's been doing for all the rest of career to deliberately hurt workers.
He didn't leave the Clinton administration because everyone agreed with him and let him do what he thought was best without undue influence..
Yes, really, because you want to give him this huge benefit of the doubt when it's one of the few things where he actually had influence and what he did was the opposite of all the principles he professes. Occam's razor there is that it's just classic political hypocrisy, waxing poetic all day about your principles but then doing the wrong thing any time it actually counts.
No, I'm giving him the benefit of everything else he's ever done. That's not just doubt, that's evidence of a several decades pattern of behaviour that in no way fits your supposition.
As for it being "one of the few things where he actually had influence", that's overstating how much influence he ever had when Clinton set his mind to something while simultaneously ignoring his massively influential work in academia and documentary film making.
Occam would take his razor away from you since you obviously have no clue how it or indeed anything works.
OK, what were his other accomplishments, or points of big influence? Anything bigger than NAFTA?
First of all, NAFTA wasn't Reich any more than the IRA was Bernie Sanders; it had been in the works since 1988 and his involvement wasn't significant enough to merit a single mention in the Wikipedia article (unlike such people as Al Gore, Chairwoman of the Council of Economic Advisers Laura Tyson, Director of the National Economic Council Robert Rubin, and even Republican Congressman David Dreier, all of which were mentioned specifically by Clinton at the signing), so giving him the blame is absolutely ridiculous.
As for HIS actual accomplishments, this reply is already plenty long, especially considering that you have probably made up your mind and won't believe it no matter what, so I'm just gonna direct you to his Wikipedia article where you can see for yourself.
OK, so in other words:
Correct. He wasn't listened to much in that administration (that's why he left) and I've already provided a link to an exhaustive list of his accomplishments.
Pro tip for all the people reading, don't just double down when you're wrong.
Take your own advice. Also, leave me alone.