355
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 22 Sep 2023
355 points (98.4% liked)
Technology
58173 readers
5057 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
Do you think JP Morgan or Andrew Carnegie were generous with their workers? Only when they had to be.
(I'm really referring to times since the modernization of stock valuation since the other comment refers to technical financial data like EPS.)
I wrote that comment. EPS isn't technical, it's just the amount of profit made per share. It existed when Andrew Carnegie was around.
I'm not sure I understand your point here. Yes, Andrew Carnegie made money by exploiting workers. That's why that period of time saw the birth of the American labor movement. Which is also why these workers are going on strike.
I'm glad you agree with me?
You said:
Why would you say "these days" when that has always been the case, except for a short period from 1940 to 1980?
Because there was a short time where that wasn't happening, which proves that it's possible. I can amend my statement to "these days just like they did back in the gilded age" if that helps somehow?
I guess, but usually "these days" doesn't include last century (80s and 90s).
You're splitting some seriously irrelevant hairs