Exactly, it's in the company's best interest to have people do as much as possible for as little as possible money. This is why we have worker rights, things like minimum wage and maximum working hours. As well as health coverage etc.
Or should anyway. But nope, money first, people second.
Thanks, Ctulhu, for looking out for the common man. :)
On-topic: Workers' rights have taken a backseat due to aggressive lobbying for several decades, not least in the US.
Even in countries with very strong socialist foundations unions are hollowed out to the point where entire fields like IT feel like they have no use for them. Sweden is a good example: IT professionals are sought after to the point where they currently (rightly) feel like they have no use for unions, but when they turn out to be the new factory workers they won't have an already established base to unionize on.
Maybe I'm silly to worry, but I feel like this is all a pretty big mistake.
Are you actually advocating for socialism on a site centered around VC-funded tech companies that absolutely couldn’t exist in a socialist country? Awesome.
VC-backed companies do exist in socialist countries (i’m from Denmark). maybe it’s all time Hacker News readers did start arguing for socialism: self-obsession exists now in more abundance than ever and capitalism is doing everything it can to broaden the cloak of its dreadful shadow
I guess my point is, the socialist movement in the USA seems to favor things like taxing income over 1MM USD at 90ish percent. At that point, what would possibly be the point of risking a 1MM investment to only make 10% if the company doubled in value?
Our system is already structured in a way to incentivize actually reinvesting and doing stuff with that money instead of adding it to one's personal hoard -- think that but enough to actually be effective
it's in the company's best interest to have people do as much as possible for as little as possible money.
If you're in an industry where hiring costs are high (eg software) then it's often cheaper to keep staff happy than to recruit new ones. 'as little as possible money' is sometimes spending more now in order to save a larger sum of money you'd have to pay out on recruitment if someone left.
That said, I strongly suspect this is not the case for delivery drivers.
Or should anyway. But nope, money first, people second.