Reducing Wages...

[5fish]

Before AI... Mass layoffs...

Are companies more likely to fire older workers in mass layoffs?

Lawsuits have been brought against companies accused of age discrimination.

www.marketplace.org

Tech and media companies have slashed tens of thousands of jobs in the last year amid slowdowns in their markets and fears of a recession, with the software company Salesforce, for instance, recently laying off 10% of its workforce.

 

[5fish]

 

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[5fish]

Limitarianism: why we need to put a cap on the super-rich

In this extract from her new book, Dutch political philosopher Ingrid Robeyns proposes a three-pronged plan of action to tackle extreme wealth concentration and reduce inequality

www.theguardian.com

The more structural steps we take to reduce inequality, the less need there will be for the second strategy, fiscal action. If taxation were our only tool for achieving a limitarian society, the tax rate would need to be set at 100% for wealth and income beyond a certain point (spoiler alert: it is not the only tool). Still, there is a very strong case for imposing a cap on extreme wealth.

Another objection might be: doesn’t limitarianism mean equal outcomes for everyone, regardless of what they do? The answer is simply: no. Limitarianism does not advocate strict equality. There are reasons, based on principle as much as pragmatism, why some degree of inequality is justified. Some people work much harder than others, take more risks or assume more responsibility. Others, meanwhile, lead sober lifestyles that generate savings over time.

 

[5fish]

Interest rate trap... the wealthy use 'buy, borrow, and die'... The rich screw us all... Rent Seekers...

 

[5fish]

Here is a great article about taxes and wealth, and do we love our children... Our system was fairer in the past... @jgoodguy , @O' Be Joyful , @LJMYERS

The Grown-Up Tax Bill | No Mercy / No Malice

Next week the Republican-led Congress plans to move President Trump’s Big Beautiful Bill one step closer to law. The most recent CBO analysis factoring in interest rates, inflation, and economic growth put the cost to $2.8 trillion. Democrats have criticized the bill but haven’t offered...

www.profgalloway.com

This video explains the system is broken and it's a plumbing problem....

 

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Red or blue hat...

- YouTube

Bekijk je favoriete video's, luister naar de muziek die je leuk vindt, upload originele content en deel alles met vrienden, familie en anderen op YouTube.

m.youtube.com

 

[5fish]

Billionaires are robbing you... government to backstop AI... @jgoodguy

 

[LJMYERS]

Judge Judy judges everyone and she is said to be a Billionaire living at the Campbells Soup Estate. From the records of the Heinz Soup Families living near Westinghouse.

 

[5fish]

Judge Judy judges everyone, and she is said to be a Billionaire living at the Campbell Soup Estate, from the records of the Heinz Soup Families living near Westinghouse.

You really do not care about the future...

 

[5fish]

Here is a term that capitalism feared and then crashed ... Leisure..

The term "leisure scare" was coined by the American historian Benjamin Hunnicutt.
Hunnicutt used the term to describe the fears and anxieties that emerged in the early-to-mid 20th century surrounding the potential societal consequences of a significant reduction in working hours and an increase in free time. Economists and social commentators, including John Maynard Keynes, predicted that technological advancements and increased productivity would lead to a 15-hour work week, making the management of abundance and leisure a central challenge for society.

However, instead of embracing this free time, industry leaders, advertisers, and some social reformers promoted a "gospel of consumption" to encourage people to work more to buy goods and services, ultimately averting the "crisis of overproduction" they feared and leading to the modern culture of workaholism and the decline of leisure that Hunnicutt described.

 

[LJMYERS]

I care about this. The Chinese Spy families of Pittsburgh know all about this.

 

[5fish]

 

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[5fish]

 

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[5fish]

It is the Tech Trusts now...

 

[5fish]

- YouTube

Bekijk je favoriete video's, luister naar de muziek die je leuk vindt, upload originele content en deel alles met vrienden, familie en anderen op YouTube.

youtube.com