| Do you keep paying a plumber once they complete their job? As employee I enter into mutually beneficial (and in case of IT and FAANG - extremely beneficial) contract knowing that I can be fired once the company deems my services no longer necessary. The backlash comes from highest educated, best skilled people who received high salaries and who have great prospects of being hired again quickly. Why they suffer? Should these companies not hire those employees in the first place? The employees would be jobless then, our would be hired by companies witch they previously rejected in favor of FAANG. To me it all seems like reality check for people who for years were bit out of touch with, well, reality. This is what regular people deal with all the time. Regarding your argument about falling birth rates - education, career, job stability etc. are all negatively correlated with birth rates. I'm pretty sure that FAANG employees have one of the lowest birth rates in society - I admit, I have no data to back this up. |
For an employee, it is an arms race to dystopia slowed down by mountains of government regulation. For your business, it will never benefit from any employee’s full potential.
Free market only works if people value good will, good faith, reputation. Embracing a lack of these values puts you on a road that one way or another leads to authoritarianism or oppression.