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by thicknavyrain 1047 days ago
No because the marginal returns on utility to the average individual from working less is far, far, far greater than the marginal returns to utility to already insanely wealthy shareholders from squeezing a worker for all they're worth.
2 comments

The marginal returns on the individual then manifest as returns to the broader society, happier 99.99% outweighs the earnings of the billionaires in terms of societal impact and QoL improvements. But sadly, we don’t make the rules.
If you have a 401K, it’s very likely (and for your sake, I hope) that you’re also in the set of shareholders.
That sort-of just strengthens their point then right? It seems they should then be well positioned to compare the potential outcomes.
The overwhelming majority of shareholders are anything but “insane wealthy”.
That is again reiterating their point that it is favorable only to the small portion of insanely wealthy shareholders and does not even favor the overwhelming majority of shareholders too who are not insanely wealthy.
Yes, that was exactly it although I should have qualified that's what I meant.