I have nothing against capitalism: what we seem to have nowadays is Corruptism.
Corruptism is the collecting of wealth no matter who or what.
Need another dollar? Bribe a politician to make the laws favour corporations over people.
Need ANOTHER dollar? Cut wages and hours.
Need ANOTHER dollar? Layoffs.
It use to be that employers made, what, 400X what their employees made? Now an employee has to work 2-3 jobs just to live while the 'boss' feeds the pork to make ONE MORE DOLLAR!
A little more kindness would see us in a better world.
I'd like to see politicians start thinking of the people who voted for them.
Lets get back to basic Capitalism: Corruptism is not working.
(Score: 2) by Gaaark on Thursday December 13 2018, @02:26AM
"Market pressures determine the costs of labor and, if a company could be more profitable with fewer workers and lower pay, then why should they pay more unless they determine it is in their interest?"
Well, see, there used to be something called competition and some companies competed by hiring good people at decent wages and competed with customer service.
Now, it's all mergers which eliminates competition: now companies can just say "Fuck customer service, customers can wait in line...where else are they going to shop?"
Every merger eliminates one more competitor. Soon we will have MegaCorp and they'll have one person running the whole thing because "Fuck you, I got ONE MORE FUCKING DOLLAR!"
They should be disallowing mergers and creating competition: instead, you have lobbyists, pork and mergers.