As long as they’re generating profits then that wealth will not go to the people who lose their jobs. They’ll just be a surplus population.
Comment on Microsoft CEO's pay rises 63% to $73m, despite devastating year for layoffs
Telodzrum@lemmy.world 4 weeks agoI mean, yeah. Isn’t that what we would like here? To not have to work if we don’t want to and yet tech progresses steadily, industry still operates, the world continues moving while people are free to engage in their desired pursuits?
queermunist@lemmy.ml 4 weeks ago
Potatisen@lemmy.world 4 weeks ago
*in America
Americans have to realise there are other ways to run a country. What’s going on there isn’t normal for the rest of the world.
queermunist@lemmy.ml 4 weeks ago
Profits by definition only go to the owners and investors. Once they’re seized by the government they’re no longer profits, they’re company expenses.
sorval_the_eeter@lemmy.world 3 weeks ago
Most Americans have never owned and will never own a passport, and they dont read much. 60% of them live paycheck to paycheck too. So they dont know and they dont have the time or energy to care.
frezik@midwest.social 4 weeks ago
Yes. Those laid off workers aren’t going to a world where they’re free to engage in their desired pursuits. They’re making hard decisions to keep their family alive. That second part is important.
Maeve@midwest.social 3 weeks ago
If everyone has all their needs adequately met and excessive 79 mn annual salaries are non-existent.
naeap@sopuli.xyz 3 weeks ago
Not If the profits are in the hand of a single owner, who relied on his workers to get to this point of automation and profit
Telodzrum@lemmy.world 3 weeks ago
Transition periods are never without issue.
queermunist@lemmy.ml 3 weeks ago
And rarely peaceful.