I’d like to believe that this is true but it feels too simple. I am open to being challenged on this. How much cash do they actually have vs how much of it is stock? I do think it’s weird and upsetting that Amazon employees seem to be so overworked and underpaidhttps://twitter.com/planetoffinks/status/1006979457020780545 …
-
Show this thread
-
Naive, ignorant, idiot question: why do people work at Amazon when the conditions are so dire? Aren’t there other, better employers?
4 replies 0 retweets 1 likeShow this thread -
Talking about this with my wife. General gist is that there’s a subset of the population that had poor starting conditions - so unskilled. Better jobs go to poorer countries (that are also full of hungry people who want better lives)
1 reply 0 retweets 0 likesShow this thread -
What are the origins of poverty? https://en.m.wikipedia.org/wiki/Causes_of_poverty …
1 reply 0 retweets 2 likesShow this thread -
What are the mechanisms by which wages are suppressed? Why haven’t people voted to increase minimum wages?
3 replies 0 retweets 1 likeShow this thread -
Replying to @visakanv
minimum wage laws don't do very much to create living wage employment. almost all minimum wage jobs are only part time and have no benefits (health care is the meaningful one, in U.S. if you don't have it through your employer it's a rough time).
1 reply 0 retweets 1 like -
Replying to @danlistensto @visakanv
on a fundamental level living-wage jobs come from businesses needing to scale their capacity to meet increasing demand. the amount of demand-side stimulus you get from increasing minimum wage is tiny and doesn't move the needle enough.
1 reply 0 retweets 1 like
so for these reasons the technocrat class doesn't really advocate for increasing minimum wage. there is some organizing from grassroots to raise it (https://fightfor15.org/ ) but it is limited traction because of a loose labor market at the bottom.
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.