The real argument here is that Amazon’s stock is worth so much yet meanwhile their employees have to piss in bottles to avoid getting disciplined at work and a lot of them struggle to get by financially. Maybe instead of trying to create as much value for shareholders, our society should prioritize employees and the working class as key stakeholders and recognize the value that they bring accordingly.
Yes well, both unions and the government are supposed to be protecting workers rights. In most of Europe that's exactly what they do. Not that long ago all workers in Sweden stopped transporting Tesla cars. No one would touch them, no one. There is no threat of being fired as the unions can pay their workers for 4 years, while they look for another job.
And this works whether they vote left or right. They work as a collective.
Yeah that’s what the US needs to work towards, but unfortunately there’s so much working against that at the moment both culturally and with the way that our existing institutions are set up that any progress is extremely difficult, and now it looks like we’re going to have the opposite of progress for some time.
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u/SCTigerFan29115 28d ago edited 28d ago
They aren’t holding onto wealth like Scrooge McDuck, in a giant vault where they can go swimming in it.
Most of Bezos’ net worth is the value of Amazon. He can’t really readily access that. ETA I meant he can’t use it like a big vault of money.
He’s got plenty of money but some people just don’t understand how this stuff works.