For generations, we were taught to value the opinions of the wealthy. Now we know for the vast majority of billionaires, their extreme wealth is mostly due to chance, not inherent ability, or even worse is actually evidence of their lack of character. The illusion has fallen away. They are the last people we should seek advice from on living a moral life. We should punish them for the act of hoarding immoral amounts of wealth to themselves. I am encouraged because this viewpoint seems to be spreading, and even more encouraged because I think they're scared. They should be scared.
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And that’s basically it!
He thinks of you as "lower value" so do you think he has any reservations about lying to you?
Bank boss sorry after being called out for describing workers as lower value human capital
FTFY
Bank boss delivers opposing sentiments in fraudulent effort to increse personal wealth by increasing bank's stock price.
FTFY
(You assume a person with no empathy can be sorry)
The only people here conflating economic value with human worth are the people who are outraged.
“Babe! A new slur just dropped!”
This guy provides zero value to society. He steals value created by others and claims it for himself. He's on the list.
Typical CEO and then you wonder why societies fall apart.
I’ve never understood the purpose of forcing executives to apologize.
He said exactly what he meant, to a group of investors who largely feel positively about his message.
A forced apology is condescending and meaningless, and therefore I cannot see how it improves optics in any way.
The culture of corporate of PR insists that not only do meaningless canned responses help, but they're invaluable. After all, the media will faithfully record those canned replies and reproduce them as though they're salient information, no matter how empty and vapid the cloud of buzzwords produced.
The guy Bill Winters boasts a CBE, its on his workpage profile, and wiki.
Winters received a CBE in the 2013 Birthday Honours for services to the Economy and UK Financial Services Industry.
FIGHT BACK
It could be worth emailing the hounours department 📢 📢 📢 honours@cabinetoffice.gov.uk 📢 📢 📢 to request he is stripped of his order, arguing he brings the honours system in disrepute.
Standing for Commander of the Order of the British Empire, CBE is the highest ranking Order of the British Empire level (excluding a knighthood/damehood), followed by OBE and then MBE.
An individual may be appointed a CBE for having a prominent role at national level, or a leading role at regional level. The honour may also be conferred for a distinguished and innovative contribution to any area.
His statement stains the CBE values because it devalues people, it prioritises technology over employee welfare, undermines responsible leadership, and conflicts with the public‑service and ethical expectations associated with the honour. -
Let them know. its not a big thing but its something us plebs can do
Looks like his wife directs a a London theater. I bet her job isn't on the line. I know its not her fault but these rich arseholes need to feel consequence. I would be boycotting the theatre too. You lie with dogs you get fleas.
His statement stains the CBE values
Bahahaha that's fucking rich. The British Empire, scion of good values 🙄
Look history...I cant argue. But the thing is this is something he values. So lets try and get that removed. We have to start using the system they built and manipulated - against these people.
Wow. Members of the first estate keep letting slip publicly who they really are and how they really feel.
Eventually, the third estate might get motivated to do something serious about it. Something terrible.
I don't know about "terrible". All possible actions I can think of sound "glorious" at worst.
Make the guillotine great again

hey! please remove this rust, it's unsanitary, the cut could get infected!
I am very sorry ^that I got caught^
They don't view us as human beings or at the very least equal. Have no remorse for when terrible things happen to them.
Agreed that this is the actual feeling he has.
That should be the very last thing he reads.
He just described what other bank bosses think.
This skinsuit and whatever is inside it are the main reason countries are failing, we have robots without any capacity for humanity in positions to direct our lives, not just in banks, politics, healthcare, security and none of them care about us, we're nothing to them, barely accepted as an annoyance that they have to pay.
I've said it before and I'll say it again. The only job that I am 100% certain could be successfully offloaded onto an AI is CEO.
No he isn't.
"I'm sorry the lower value human capital heard me call them that."
He is sorry. Sorry he got caught.
The biggest clue was when they started referring to us as a "resource". We're just another input on their spreadsheet.
Always have been. They’re just saying the quiet part out loud.
I used to work at a place that actually changed the name from Human Resources Dept. to Human Capital Dept. and none of the higher ups could figure out why that pissed everybody off.
Honestly, capital sounds better. Resources are something you comsume. Capital is something you invest with/in. People are just used to being called resources.
Honestly people being either a “resource” or “capital” still makes people sound like they’re vespene gas or something
CEOs shouldn’t apologize for fireable offenses. They should just be fired.
Uh why would the board fire him for doing his job
Actually using that term was a slipup for sure, but you bet your ass finding ways to cut HR costs is part of his job description
Out of a cannon.
Into the sun
The problem isn't even this particular pos, its that almost all rich people think this way.
Who the fuck cares if he claims to be “sorry”? This wasn’t a case of awkward phrasing or poorly chosen words. It’s a reflection of how he thinks, and will continue to think. Even if he loses his job (which he won’t), he’d only be replaced by someone with the same attitude.
Why do you think the US is repealing labor and safety laws? In the world that's coming, human life will be the cheapest resource.
Has he considered replacing saying things with eating shit and dying?
"Sorry not sorry that it was recorded." Why do they waste their time asking for forgiveness?
Seven years guillotine. No trial.