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Car Prices Might Be Unsustainable for Buyers
(www.wsj.com)
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this post was submitted on 22 Aug 2023
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Fuck Cars
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I think there’s also something to say about what a person is actually doing with their wealth. Some people have most of that wealth tied up in the ownership of their business, re-invest the profits to grow the business and provide reasonable wages and working conditions to their employees. That’s a lot different, in my mind, than the ones that own staffed mega-yachts, spend hundreds of thousands for a 20 min trip to the edge of space and back, or buy estates across the globe while their staff rely on food stamps.
I think stronger labour regulations and better unions are a big part of the solution. Common complaint that CEOs are lining their pockets by squeezing every ounce of value possible from their staff. Mandate better working conditions, and close the loopholes like arbitrary cut-offs for benefits eligibility(make it a sliding scale, someone working 0.75 FTE should get 0.75 value of the benefits package that full-time employees would) and we’d see that concentration of wealth slow down a lot.
i hate richard brenson and jeff bezos because they did shit to humanity with their wealth; at least elon have put his money into some beneficial industries, and is allowed to enjoy extravageous endeavours: let the boy have fun by buying twitter, and trolling the world, let him get a taste of his money. also working in a fullfillment center isn't the same as working as an engineer for spacex: that job is physically crushing and people need to be paid well, be afforded exoskeletons, be retired early, ulike an engineer who is knwoledge is much needed and there is not much physical effort expected from his side, but again pay both accordingly