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Joined 2 years ago
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Cake day: July 3rd, 2023

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  • This argument has the same flaw as arguments about Americans “not wanting to work” in other jobs that are majority immigrant like construction and agriculture.

    If any of these jobs paid well for the level of profit they generated, Americans would do them. Everywhere you see an immigrant filling a role in America (MAGA would say “talking a job”), you’re looking at a horrifically undercompensated worker being abused by greedy capitalists.

    The only bad guys in America are the ultra wealthy, their apologists (paid or no), and their enablers. They should all go up against the wall and get a very stern talking to.

    Those abused workers are our comrades.




  • I’m conflicted on this one because companies should be transparent, but the current quarterly requirements drive incredibly short sighted decisions aimed exclusively at pumping up the share price every 3 months.

    Publicly traded companies don’t plan more than like 3 years ahead because of this pressure.

    Dodge v Ford, eBay v Newmark, probably lots of other court decisions, all make share price the only thing that matters to a Board of Directors. Nothing about the workers. Nothing about the community. Nothing about the nation…

    Would this help? Not sure. But it would make the 3 month window less dominant.