BrainWorms

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This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness

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DeadWorld@lemm.ee

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Ford poised to fire all ~10,000 striking workers in Louisville, Kentucky and Sharonville, Ohio Plants (archive.ph)

submitted 2 years ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee

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cross-posted from: https://hexbear.net/post/830212

The absolutely beautiful reason that I can tell that they still aren't agreeing to Fords concessions is because they in solidarity with new workers that don't even exist yet, are demanding that Fords new battery plants they are building be placed under the same labor agreement they are fighting for.

"The UAW, according to Ford officials, has taken a hard line on requiring the company’s four new battery plants be placed under the terms of the labor agreement."

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[–] jballs@sh.itjust.works 10 points 2 years ago

I dunno man, I had a management professor raise an argument that a publicly traded business had only one function, and that was to provide value to its shareholders. Anything else, such as charitable donations, could be considered stealing from its shareholders - unless it provided a return on investment (e.g. a charitable donation provided good PR which caused more people to buy your product).

I don't think the professor truly believed the argument he was making, but more presenting it as a "this is how many successful businesses operate and how they justify it".