|
|
|
|
|
by r_smart
2668 days ago
|
|
|Employees are all exploited by their employers, who steal most of the value created which they had little to no hand in. I'm sorry, but this is bog-standard communist clap-trap. Even if you don't like the current arrangement, the use of the word steal is absurd. Individual wealth, regardless of which income quintile you're in, has risen exponentially since the industrial revolution. There's lots of room for criticism of the world as it stands (crony capitalism and printing a sea of money being favorites of mine), but words like exploit and steal are crazy. And to say that an employer had little hand in the value of the products created is just silly. Even if we ignore everything else, you can't just disregard the massive capital expenses that go into building the infrastructure to make an iPhone. Somebody had to come up with that money to even make the company possible, long before the profits started rolling in. I've had the dubious pleasure of working for companies that were posting little or no profit vs others that were making lots of money. Personally, I'd be happy to be 'exploited' by the wages Apple pays. |
|
In Apple's case, the "massive capital expenses" have been paid for many times over in profit; when does the compensation shift back to the people creating the day-to-day value? Never, I guess?
And by the way, I'm not talking about the $300k engineers in Cupertino. I'm talking about the people who were throwing themselves of factory roofs until they set up nets to take even that measure of freedom away.