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by ivan_gammel
84 days ago
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> They get money for their labor. Yes, and what is the essence of that labor? It is to create profits for shareholders. You are not getting paid to contribute to toxic culture or to seize the means of production. CEO could have been in the wrong, but the moment when the “us vs them” idea starts dominating in corporate culture is the moment company dies and those jobs that everyone is so afraid to loose are ceasing to exist. >This is ignoring that the concept of companies having to care about shareholders above everything else is a lie spread to justify evil behavior. Nobody is claiming the “above everything else” here |
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No, it's not. I'm not sure what your source of capitalism koolaid is, but employees are transacting labor for money, and shareholders do not come into it at all.
The nature of labor is stocking shelves, writing code, emptying trash bins, or whatever else you do. Full stop.
If you want employees to "think of the shareholders first", you give them enough ownership that the stock price actually makes a major difference in their life, and crucially, enough control at the company to actually influence the stock price. In practice that's the C Suite and maybe some senior VPs. No one else should be stressing out trying to make the owners richer.