Hacker News new | ask | show | jobs
by aznjons 4668 days ago
Well put, the relationship trends more and more asymmetric. Add in rhetoric designed to convince workers to buy into a system that exploits them: https://news.ycombinator.com/item?id=6240495

In general, employers have far more leverage over employee's lives than the individual employee has over the corporation's well being even though we sometimes pretend that it is symmetric and that the market is fair.

Employers optimize for maximum profit for "the shareholders." Somewhere along the line, morality is tossed out, and shortly afterward even legitimate long-term sustainability is also out (cultivating a strong workforce, valued for their talent rather than purely for their labor).

Add in the feedback loop of political apparatuses being appropriated for profit (lobbying) and the political arena is just another exploitable lever for amassing more resources by those with the resources to do so.

1 comments

Which creates a fertile ground for Marxism 2.0 . The moment the screws tighten even more and instead of middle class you get technical/service class for the elite you will have a lot of unhappy people to deal with.

And as history has shown time and time again when you have a lot of poor and unhappy people new ideologies could spread like fire.

Another thing that concentration of wealth brings is that when the chant becomes "eat the rich/powerful" there are very few rich people left to mount a solid defense - the Arab Spring, the Fall of the Berlin wall all showed that.

(I mix political/military/economic power because I think in electroweak style theory they are all the same - the ability to mess up with other people's lives)