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by heroprotagonist 601 days ago
Business as a whole is becoming much more unfriendly to labor. They're realizing that perceived external threats like temporary recessions, AI labor, a threatened US dollar, etc, can give them continuous leverage in any labor discussions and they're pressing the advantage for all that they can.

If the US sets a debt ceiling and inevitably hits it (based on past performance), the ensuing devaluation of the dollar may lead to an even stronger form of corporatism that makes such power plays about wages, hours worked, and work conditions look relatively tame.

5 comments

Yup, that's part of the supposed "Gen Z is lazy" mentality they try to spread. While making them jump more hoops than ever for "entry level" jobs that has less buying power that may not even pay rent. And no pension/social secutity to even try to reel the few in that do that.

People may not all be financial experts, but they can do basic math and realize none of this makes sense.

>If the US sets a debt ceiling and inevitably hits it (based on past performance), the ensuing devaluation of the dollar may lead to an even stronger form of corporatism that makes such power plays about wages, hours worked, and work conditions look relatively tame.

2 years ago we were starting to properly talk about 32 hour workweeks. Sad how quickly things can go backwards. Really hope America isn't stupid and tries to go the Greece route with this inevitable crisis.

Gen Z support of unions is highest of all generational strata. They know what’s up.

https://www.americanprogress.org/article/the-closing-gender-...

Business has been hostile to labor for quite some time.

What's changed in the last few years is a new focus on bringing white collar labor to heel.

So it's new for businesses to be expected to try to make their deals turn out well primarily for themselves?
No, it's 'much more unfriendly', if you would read again.
Then you tell someone to start their own business so they can treat their workers the way they deserve to be treated, then you get a bunch of excuses about why that is impossible! I guess there is just a conspiracy from every business to prevent honest people from being in charge
I work for a company which treats workers very well and the company is doing very well themselves. Of course it's possible; don't let anyone tell you it isn't.
Assuming you do that you'll still get vc forcing a different treatment.
No one is required to take VC.
They are if they don't have capital.
Many bootstrap business owners did it somehow without a VC...
How can I do it without capital, straight out of college, with only around 2 years of real-world experience and no network? Honest question.

The only play that occurs to me is surviving off of gig work, building the business as a sidehustle. But I've seen so many people who seem to be permanently stuck there, with no real business to grow and no way to explain their resume gap to employers.

From what I've seen lurking here, successful bootstrapped businesses come from experienced people who know what they're doing and have savings to fall back on.

What all indie hackers are doing is getting support and resources from an equivalent of venture capital investment. Which is Cathedral approved education that effectively reduces to attaching an epistemology onto yourself that limits you and prevents you from functioning outside the cramped divisions of civilization-approved entrepreneurship.

The education offered by civilization includes logic that's crafted by a pedagogy that's biased toward vulgarity and social skills that don't perform well when it comes to building anything that would help a man get away from a forced commitment to anything more than maximizing viewer impressions on provocative Internet-uploaded content. The average tech entrepreneur isn't any better than a McDonald's hamburger grill operator or a female OnlyFans model or a delivery app driver, once you remove your civilly trained bias toward low resolution videos on socioeconomic dynamics.

To use a great illustration, even a billionaire techno-commercialist like Elon Musk can never hope to achieve independent wealth acquisition. Because his education, personal origin, and development are not really deviant and an instance of someone that can perform beyond the abstract black box that is knowledge given by civilization's life experiences which the life offers to every man. He will always come up short, whenever it's a question of exiting from the liberal-democratic regime and its permanent ironic anti-libertarianism stance. The question is: How to build a business that's not required to conform with all expectations, social and physical/ontological? Leading up to aerospace technology and acquiring science for Earth-to-Mars orbit transfers ain't it. Even having a business starting capital of one hundred dollars in the style of the $100 Startup comes with a history whose financial system component is tied to having a certain social obligation. A certain physical requirement commonly called life.

I’m okay with the value of the dollar drastically decreasing. In fact, I think it will naturally do so due to the high debt and labor becoming more expensive in other countries.

I think it would be good for U.S. workers as it will help make them more competitive in a global labor market.

ANY call to set a debt ceiling needs to be directly tied to converting all for-profit corporations into public-benefit corporations.

That doesn't restrict corporations from generating profit. It just balances how they use said profits.

"Fixing" the national debt problem by putting a ceiling on it without addressing one of the main contributors to the current state of government spending and quality of life in America is a recipe for disaster.

It's okay to rip the band-aid off, but only if you're ready to deal with what may be a mortal wound.

I’m not following. What does setting a debt ceiling have to do with making for profit corporations public benefit ?

What’s the main contributor to the current government spending ?

Look at all of the major government spending and determine who benefits most and where funds are sent. If the recipient of funds is a corporation, also review how their profits are spent and which humans eventually profit from that.