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kuburga t1_ixo6tsz wrote

Reply to comment by tickleMyBigPoop in Amazon workers in the U.S. and 30 other countries plan Black Friday protests by AmethystOrator

You just came here and decided to make an argument for misallocating capital into billionaires' super-yachts over investing in creating any form of humane job for 10,000 people which is something Amazon can afford doing probably 500,000 times over. This mindset is as nearsighted and apathetic as the average politician's.

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Kerostasis t1_ixoi80j wrote

>job for 10,000 people… 500,000 times over.

I know this was hyperbole, but for reference that works out to hiring every working age person on the planet. No, they can’t actually afford this.

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tickleMyBigPoop t1_ixotw5z wrote

> misallocating capital into billionaires' super-yachts

Billionaires aka CEOs of these companies aren’t (mostly their cash compensation is usually super low) paid via the revenue streams of a company, they’re paid by the shareholders via share dilution.

What that means is the owner equity is decreasing in value (marginally, it’s priced in ages ahead of time) to pay the executives, they’re not being paid via cash flows.

Try some financial literacy courses

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kuburga t1_ixpm4zw wrote

I'd rather stay ignorant on economics (which I won't) than running to a sweaty rescue of one of the biggest and immoral companies on the planet all the while explicitly asking and telling other people to think about the company's well-being rather than the workers'. Despicable. I think you get what I mean, and what I mean is: They can do a shit ton with their power and they choose this.

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tickleMyBigPoop t1_ixqsvil wrote

> explicitly asking and telling other people to think about the company's well-being rather than the workers

It’s not the job of companies to give two shits about anyone or anything besides maximizing efficiency and shareholder value. Companies aren’t your mom and dad, they’re not a charity, they’re not the welfare state, those three things are what you want to take care of people. Companies exist to provide services and products, the more efficient they are the greater the national wealth and the higher the tax base

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