Core Concepts
Corporations exert excessive control over the labor market, exploiting workers through unethical and abusive practices.
Abstract
The content describes a concerning trend in the modern workplace, where corporations have gained significant power and control over the labor market. Key points include:
- Corporations dictate the quality and quantity of jobs based on their own interests, rather than the needs of workers.
- Corporations routinely fire large percentages of their workforce at will and replace high-earning employees with low-wage or unpaid "interns".
- These practices have become normalized in society, with workers feeling powerless to push back against the "profit-driven psychopaths" who dominate the economy.
- While there was a brief "Great Resignation" period where workers gained some bargaining power, employers have responded with a "vicious backlash" to regain control.
- The content paints a bleak picture of the modern workplace, where workers are subjected to sadistic and exploitative practices by powerful corporations.
Stats
Corporations fire large percentages of their workforce at will.
Corporations push out high-earners for low wage or non-paid "interns".
There was a minor up-tick in labor bargaining power during the "Great Resignation", but employers have responded with a vicious backlash.
Quotes
"Corporations control the labour market, dictate the quality and quantity of jobs according to their current mood or projections for the future, fire large percentages of their workforce at will and push out high-earners for low wage or even non-paid bright young "interns" on a routine basis."
"As a society we seem to have pretty much accepted and come to terms with the fact that a small group of profit-driven psychopaths currently dominate, organize and arrange the soulless economy we must now navigate and depend upon in order to survive."