• thejml@sh.itjust.works
    link
    fedilink
    arrow-up
    12
    arrow-down
    1
    ·
    18 days ago

    Honestly, that’s not really accurate. I mean, yes, they’re making more off you than you make and yes they aren’t paying you what they should. But if there’s a thousand employees in a company and they are all, on average, getting short changed by $50k a year, thats only $50M. They are definitely taking advantage of you in MANY ways… You can do the math, but thats not how you get to be a bezos or musk level multi-billionaire.

    You get there by gambling and controlling a market… Stocks and equity, backroom dealing, boardroom takeovers, pump and dump, creative leveraged buyouts, market manipulation, speculative investments, insider trading, foreign investment, buying off government workers, lobbying, using slave labor, and not paying taxes (sometimes even legally but really obfuscated).

    There’s under paying salaries and then there’s being the top tier shitty humans these people are.

    • zippy@ani.social
      link
      fedilink
      English
      arrow-up
      3
      ·
      18 days ago

      You can do the math, but thats not how you get to be a bezos or musk level multi-billionaire.

      Maybe not by itself, but I bet it helps.

    • LePoisson@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      18 days ago

      Yeah, I mean that’s the whole excess labor value theory of Marxist thought, right?

      It’s not just outright wage theft - it’s that your labor is being used to create additional value above what you’re paid and that is what’s making the borgeousie rich. Obviously this is dumbed down to a sentence and this isn’t me disagreeing just adding add’l context for other readers.

      We definitely get screwed so so sooo many ways on the whole of it by the 1% capitalist class.