499
The Elite's War on Remote Work Has Nothing to Do with Productivity
(www.the-sentinel-intelligence.com)
this post was submitted on 23 Sep 2024
499 points (98.3% liked)
Antiwork
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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.
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This server is no longer working, and we had to move.
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Date Created: June 21, 2023
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The Anti-Work Library 📚
Essential Reads
Start here! These are probably the most talked-about essays on the topic.
- The Abolition of Work by Bob Black (1985) | listen
- On the Phenomenon of Bullshit Jobs by David Graeber (2013) | listen
- In Praise of Idleness by Bertrand Russell (1932) | listen
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Really depends on whether you think inflation or corporate greed is the underlying problem. The average worker tends to disagree with Fed chair Powell that unemployment needs to be very high and profits skyrocketing. The average gambler tends to agree with Powell that power should be solidified at the top. When the average value creator was getting fucked every which way, the Fed said the economy was strong and we are not in a recession. The average rapacious hedge fund took advantage of the slow rise in rates to buy everything under the sun.
Same data, very different conclusions, all depends on your perspective. I can link solid center US publications to back the worker and solid conservative publications to back the corporation. Should the Fed have been raising rates over the last four years? Yeah, absolutely. Where is the disagreement and the complete lack of any other tool plus the root of rising prices as well.
Just to further add, stock buybacks were considered "stock market manipulation" for a reason. Though the rules were put in place to protect investors, not the rest of us. This still has created a situation that most of us would agree on the framework conflicting with the concept of public trust. That being the concentration of wealth at the top and the SEC's rules having been changed in 1982 through the efforts of lobbyists over the years. Were the SEC's rules about securities, and the FTC to return to accountability exempt from lobbied interests, exactly what you just described would be flipped on its head, as we'd be having conversations about the Public Trust and anti-trust instead of bullshit about how the Fed does stuff that benefits wealthy vs fucking over the 98% of US citizens.