All an “Ethical” CEO would have to do is reduce the profits to 25%, and invest the rest into employee pay and benefits.
That is, at best, a kind of National Socialism (or perhaps, trade unionism) that’s great at benefiting everyone directly below the CEO but not so great at socializing the wealth accrued by the company at-large. I would argue that even above and beyond the immediate miserable labor practices of Amazon as a company, what you have is an “Infinite Paperclip Machine” under the hood. Amazon is an engine of industry that snatches up cheap raw materials and transforms them into expensive finished products without bothering to ask the question “Do we need another box of paperclips?”
Redistributing profit is nice, I guess. But so long as Amazon operates on the principle of maximized profits, it becomes a meat-grinder of primary accumulation.
That CEO would be an American Hero, and his company would boom
He’d be the next Henry Ford, a man famous for really high quality political opinions and a legacy of ecologically friendly public-private partnerships.
7101334@lemmy.world 5 days ago
No, all an ‘ethical’ CEO would have to do is provide workers with the full surplus value produced by their labor. Otherwise he can get put into the woodchipper 75% faster as thanks for him stealing only 25% of my existence.
BarneyPiccolo@lemmy.cafe 4 days ago
Valid.