'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
https://fortune.com/2024/03/18/gilded-age-layoffs-ceos-shareholders-corporate-profits-inequality/
https://fortune.com/2024/03/18/gilded-age-layoffs-ceos-shareholders-corporate-profits-inequality/
17 Comments
Dasus@lemmy.world · 24 pts · 2y
And they have no idea what historically happens in these situations?
silently sharpens guillotine blade
Duamerthrax@lemmy.world · 12 pts · 2y
They do. That's why they engineered culture wars to pit us against each other.
gentooer@programming.dev · 2 pts · 2y
It's always worked. "Divide et impera" is a Latin phrase for a reason, it was how Philippus II of Macedonia described how he conquered a large part of current Greece.
Pilferjinx@lemmy.world · 8 pts · 2y
We need to start making lists
Dasus@lemmy.world · 12 pts · 2y
No need to, comrade. They've already done that for us.
https://www.forbes.com/consent/ketch/?toURL=https://www.forbes.com/real-time-billionaires/
Fredselfish@lemmy.world · 3 pts · 2y
Alright, so should we start at rhe top our the bottom of the list. Funny who number 1 never hear about that guy?
Dasus@lemmy.world · 2 pts · 2y
I think we should just do a free-for-all, and a takedown will be worth the rank in points..?
And yeah, loads of billionaires keep away from any sort of attention, because they're probably aware of the guillotines.
postmateDumbass@lemmy.world · 1 pts · 2y
I think any such system should be non heirarchial, on principle.
Heiarchies are a root cause of the current issues.
nkat2112@sh.itjust.works · 13 pts · 2y
I'm glad this financial news source is calling this out. Surprised - but glad.
Oligarchical shortsightedness is very interesting. And not very wise, in my opinion.
RubberElectrons@lemmy.world · 1 pts · 2y
I seem to recall reading about a very, very bumpy period afterwards...
JimboDHimbo@lemmy.ca · 3 pts · 2y
It's only slightly bumpy if you miss that spot between the vertebrae or if the blade isn't heavy enough or hoisted high enough into the air.
postmateDumbass@lemmy.world · 2 pts · 2y
Did it involve facism by chance?
JigglySackles@lemmy.world · 11 pts · 2y
... We need a better plague.
LazerDickMcCheese@sh.itjust.works · 1 pts · 2y
A selective one, perhaps?
RIPandTERROR@sh.itjust.works · 3 pts · 2y
Perhaps a super deadly one that vaccines work for
nyakojiru@lemmy.dbzer0.com · 6 pts · 2y
They found out on these days they can do it with no consequences
cqthca@reddthat.com · -4 pts · 2y
and you aren't buying parts of their companies to share the wealth. sad. you can even get partial shares w/o commissions now.
When you buy a share of equity in a corporation that means you own m/nth of the company where n is the number of stock share issued, m is the shares of stock you own. Nothing is stopping you from being a shareholder except you wanna buy those fancy things. Read "The millionaire next door". We drive 10 y.o.Toyotas, shop at wal-mart, cut our own hair, and buy parts of businesses. You don't?