Comment on The bosses are never going to just hand workers a 32 hour workweek.
cybermass@lemmy.ca 1 week ago
Or Henry Ford oddly enough
Comment on The bosses are never going to just hand workers a 32 hour workweek.
cybermass@lemmy.ca 1 week ago
Or Henry Ford oddly enough
Jake_Farm@sopuli.xyz 1 week ago
That was back before it was ruled illegal to not always prioritize profit.
cybermass@lemmy.ca 1 week ago
Biggest mistake in history
gandalf_der_12te@feddit.org 5 days ago
technically companies today don’t have to always prioritize profit. they just have to follow the orders of the shareholders, and most for-profit investors are gonna demand that profit be maximized.
if you have a company but it’s 51% city-owned then it doesn’t have to maximize profit. the city can set its own goals, such as selling a certain number of items at a certain maximum price or opening up a grocery store in food deserts. public transport is typically a city-owned company, yet prioritizes availability over profit.
tmyakal@infosec.pub 6 days ago
From the article you linked:
This is why the Golden Age of American manufacturing throughout the '50s and '60s was able to raise so many families into the middle class: business decisions were made for the good of the business as a whole, because a well-trained and fairly-treated workforce was more productive and less likely to strike. Preserving the maintenance of the business is what improved shareholder value.
Union-busting and Reaganomics gave us Jack Welch and the pump-and-dump bullshit we see now, not a hundred year old court ruling.
Jake_Farm@sopuli.xyz 5 days ago
I would need to ask a corporate lawyer to be sure.