Товарищ

[Free]

I love that if I order a Bluetooth speaker from Amazon that makes me part of the aristocracy enabling a class struggle with a bourgeois union and the proletariat baristas.

 

[Kamilah Hauptmann]

 

[Kamilah Hauptmann]

Some more or less absentee landlord who owns a house on my street was talking from his giant luxury truck to myself and a couple of neighbours with that extra special rich guy tone.

I called him a hotelier and he got mad.

 

[Free]

I called him a hotelier and he got mad.

Too French?

 

[Sid]

 

[Govi]

 

[Free]

 

[Free]

Bank of America Memo, Revealed: “We Hope” Conditions for American Workers Will Get Worse

The most powerful economic actors in the U.S. — entities like Bank of America and its clients — do not like working people to have power.

theintercept.com

A BANK OF AMERICA executive stated that “we hope” working Americans will lose leverage in the labor market in a recent private memo obtained by The Intercept. Making predictions for clients about the U.S. economy over the next several years, the memo also noted that changes in the percentage of Americans seeking jobs “should help push up the unemployment rate.”

What the memo calls “the ratio of job openings to unemployed” is generally calculated the other way around — i.e., the ratio of unemployed people to job openings. The more widely used ratio offers one measurement of the balance of power between workers and employers. The lower this number, the more options unemployed people have when searching for work and the greater opportunities employed people have to switch to jobs with better pay and conditions. According to the Bureau of Labor Statistics, this ratio stood at 0.5 as of May, meaning that there were then two job openings per unemployed person.

And we (The Corporations) cannot have that.

 

[Aribeth Zelin]

Bank of America Memo, Revealed: “We Hope” Conditions for American Workers Will Get Worse

The most powerful economic actors in the U.S. — entities like Bank of America and its clients — do not like working people to have power.

theintercept.com

And we (The Corporations) cannot have that.

Considering that I stopped using them decades ago because they were shady and crappy back in the 90s, I'm not surprised.

 

[Free]

Considering that I stopped using them decades ago because they were shady and crappy back in the 90s, I'm not surprised.

A few decades ago they bought out a bank I was with, and within weeks of them taking over operations, I found myself looking for another bank. How do the awfully-run companies keep getting bigger?

 

[Aribeth Zelin]

A few decades ago they bought out a bank I was with, and within weeks of them taking over operations, I found myself looking for another bank. How do the awfully-run companies keep getting bigger?

Lack of enforcement of anti-trust and banking laws?

 

[Katheryne Helendale]

Bank of America Memo, Revealed: “We Hope” Conditions for American Workers Will Get Worse

The most powerful economic actors in the U.S. — entities like Bank of America and its clients — do not like working people to have power.

theintercept.com

And we (The Corporations) cannot have that.

Bank of America is the epitome of evil anyway, so this is certainly no surprise.

 

[Soen Eber]

Corporate profits have contributed disproportionately to inflation. How should policymakers respond?

In short, the rise in inflation has not been driven by anything that looks like an overheating labor market—instead it has been driven by higher corporate profit margins and supply-chain bottlenecks. Policy efforts meant to cool off labor markets—like very rapid and sharp interest rate increases—are likely not necessary to restrain inflationary pressures in the medium term.

Moderate liberal bias with loaded words, but the article is basically sound: employee real wages have fallen, so language regarding "overheated economy due to wage increases" is basically trash talk. The other typical driver of inflation, corporate profits, have seen a sharp increase.

 

[Arkady Arkright]

Corporate profits have contributed disproportionately to inflation. How should policymakers respond?
Moderate liberal bias with loaded words, but the article is basically sound: employee real wages have fallen, so language regarding "overheated economy due to wage increases" is basically trash talk. The other typical driver of inflation, corporate profits, have seen a sharp increase.

Ditto for the UK.

 

[Innula Zenovka]

 

[Sid]

A few decades ago they bought out a bank I was with, and within weeks of them taking over operations, I found myself looking for another bank. How do the awfully-run companies keep getting bigger?

Catering to the rich and powerful people the right way?
Licking upwards and kicking downwards?

 

[Innula Zenovka]

Thread

 

[Kamilah Hauptmann]

That's a p great troll.

 

[Kamilah Hauptmann]

 

[Innula Zenovka]

Quiet quitting: why doing the bare minimum at work has gone global

The meaninglessness of modern work – and the pandemic – has led many to question their approach to their jobs

www.theguardian.com

Evernote link