News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
I've known and know business people as well (not extremely wealthy; most have probably < $10M net worth). I don't think I've ever met one that wasn't trying to make the most money possible (for the businesses they had equity in, and for themselves). They certainly think of themselves as good people, and are interpersonally decent people, but the ideologies they adopt allow them to justify anti-social actions. They brag about being able to secure low-wage labor (third-world workers, unpaid internships, etc), and employing anti-consumer and predatory practices in their products. Anytime they do good, they either have ulterior motives, or it's just nepotism. Every social interaction they have seems to have a transactional sub-text.
Profit is literally the surplus value of the worker's labor. The workers generate it, and the business appropriates it in whatever way the business owners see fit. This is exploitative, anti-democratic, and damaging to society, imo. Eventually, the owners may take a big payout by selling the company (whose value was generated by the workers), and possibly throw some crumbs to the workers, who may get laid off soon after.
Many of the problems with government is it's beholden to the wealthy, imo. In regards to the U.S., I think the next administration will preside over an almost complete capture of government by oligarchs. I think we will become like Russia or East Asian oligarchies. I'm an anarcho-leaning leftist, so I don't think large powerful governments are the answer either.
Most media is controlled by the wealthy/corporations, who either purposely use it to advance their own interests (divide the working class, selective reporting, purposely biased algos, and spinning narratives), or are just damaging as a side-effect of pursuing profits. Honestly, at this point in time, I think most of it is purposeful, and not a side-effect. In "new media" the far-right seems to have an awful lot of money, to the point they're doing theatrical releases of movies. It's already came out that some far-right "new media" was directly funded by Russia (an oligarchal nation with ties to the wanna-be oligarchs of the upcoming administration).
Interesting. The people I now brag about hiring the best people. Bringing them in from top universities around the world and bragging about how well they pay them. Perhaps the people I know are the exception because they are setting the bar for being known as well paying organizations. They're explicitly paying well to entice people out of other competing organizations.
No it's not. Profit is dictated by the business. Any business sets the price of their good or service in order to cover overhead and expand the business. If you're sitting at home writing code all day as Ian independent contractor, how are you going to set your hourly wage? Are you going to just calculate what it costs to pay for electric and buy lunch for the eight hours you're working? I would hope not. You're going to calculate your expenses and multiple that to reach a figure that pays for the rest of your life plus money for expanding your operations. Are you exploring yourself in order to purchase health insurance or save up for a new computer?
I'm sorry but I'm tired explaining basic business concepts to people. This shouldn't be hard. I understand people like Walmart workers and coalminers are treated like shit but this concept that every human who works for a living is being exploited is just trash. You need a better argument.
As much as the market will bear, which is what my work is worth according to market principles. What's just needed to expand operations or whatever only plays the role of setting a minimum price. You seem to keep arguing that people and businesses only charge what's needed and no more; and very few people or businesses do that (those working for passion, like academic scientists and non-profits).
Einstein may explain it better than me: