companies complaining about minimum wage hikes and pandemic checks that are so big nobody wants to go back to work, while hiring undocumented workers to avoid benefits and outsourcing jobs to countries with fewer benefit laws seems like the very opposite of “bidding up wages”
no company focused on “share holder value” will ever willingly raise wages. it’d be madness to hurt ceo bonuses that way
But see, that’s the thing: CEO bonuses are not actually = to shareholder value.
Intelligent, educated shareholders know that having a solid company that can adjust quickly in changing times and is not constantly scrambling to find and train new employees is how you build shareholder value. But they’re outvoted by shareholders who aren’t as savvy and have been convinced otherwise by those flashy CEOs.
A rising tide can lift all boats, if most of those boats aren’t being forced to remain anchored.
i think the perspective depends on the timescale. if you’re getting dollars and options for short term stock price, there’s a lot you can do to push those numbers up. cutting cost , despite the long term effects is one of them
i think it’s rare that upper management doesn’t buy the yacht instead of letting people fish for themselves - or some such mixed metaphor.
competition, long term strategy, and basic human decency can help that, but only if there aren’t cheaper choices at hand. and without good regulations, it’s almost always a race to the bottom ( of the ocean? )
“ “Making your way through the barrage of lies, half-truths, innuendoes, and provocations that characterize this 576-page miscellany of Sullivan’s career has all the appeal of plunging an overfull toilet: you just know shitty water’s going to soak the bathmat. … Sullivan, however, has spent the better part of forty years clinging to fantasies of a rational, compassionate conservatism ‘dedicated to criticizing liberalism’s failures, engaging with it empirically, and offering practical alternatives to the same problems’—as though this is a thing that has ever existed anywhere in the history of the world … At the beginning of this book you get the sense that Sullivan’s gaslighting his readers, but the deeper you go you start to wonder if he’s actually gaslighting himself … That’s right, folks: as many as a million people were killed in a pointless war that Andrew Sullivan hawked like a fishwife for no other reason than his need to punish as many Muslims as possible for 9/11, but what’s important to remember is that he feels really bad about it … he doesn’t realize his alienation stems from wanting to belong to clubs whose members hate him not for what he says or what he does but for what he is.”
Dear Ms. Morgan: I assure you that the person you thought of as your “black friend” has all kinds of reasons for hating you that have nothing to do with Critical Race Theory.
I’m sure I could posit a hypothetical where Critical Race Theory was responsible for the rift.
Like, say, if Ms Morgan kept telling her friend about all the things she’d been reading about CRT on Facebook, reposted from Fox News, and how glad she was that her friend was one of the “good ones”, not like those other blacks.
“I am sure I did nothing to her, and if she thinks differently, well, of course she is wrong. Those sorts struggle with proper society, don’t you see.”
Sounds like it was a really close friendship and it’s sad to see them drift apart just because Patricia Morgan is white and, incidentally, opposed to anti-racist policies and the government helping children and covid protection measures and various other things that couldn’t possibly turn someone away from her.
Man, who’s going to stand behind her at rallies to make her crowd look diverse now?
Or her “friend” was really more of a polite associate who got sick of tolerating everything Representative Morgan stood for as a Republican politician.
especially when the white and wealthy get to control which district’s lines are the shortest and the most convenient ( and of course which lines are not )