The more I think about it, the more sure I am that the fact that the ultra-wealthy exist and still want more wealth, is really just the only issue. Like if there weren’t a bunch of extremely powerful people constantly complaining about how the government sucks, we could probably have a government that does good things.
And it works directly with people like bezos keeping his employees barely above subsistence so that he could maybe become a trillionaire, but also indirectly with nearly all large corporations being majority owned by a relatively small number of individuals/institutions that constantly threaten to ruin the company unless they pay employees the absolute minimum.
Curious, how so? They seem to pay their employees a living wage and there’s a lot of upward mobility. For years when we were fighting for a $15 min wage (which is too low now) costco was my go-to example for a company that paid their employees well and still were enormously profitable.
Ah, gotcha, thanks. Maybe they’re able to pay their employees well because they take part in predatory business practices.
I wonder if there’s a good example of a large company that does it “right?” Like, they’re environmentally conscious, they pay their employees well, they don’t use predatory business practices, provide a great service, etc.
I’m not judging one way or another, but every business model that is in any way disruptive is gonna upset somebody. Its perfectly reasonable to favor the constituency of consumers but it also shouldn’t be surprising that somebody doesn’t like the outcome.
It’s this that results in some sort of equilibrium. Some purchasing organisations (eg in the UK the NHS) have such a huge purchasing power that if they try to nail down some suppliers to rock bottom prices they’ll put them out of business.
Recognition of this means they effectively become partners as there’s a mutual dependency.
Wtf?! Reads thread about how Costco sucks, immediately gets shown article on how to cancel you membership. Can I just upload my subconscious to an amazon cloud and give them some parameters for my budget and just have AI buy and send me everything I need including food yet?
If the suppliers can’t figure out that they can’t supply socks for $X without going bankrupt and yet agree to do it, seems like they’re pretty bad at their jobs.
