How come most Corporations don't care about their employees?

[MikeLowrrrey]

I may be wrong, but it seems that way. I understand business is about making profits, but at the expense of treating your employees wrong? EA, Walmart, Apple, Uber, etc. etc.

If it wasn't for government, I feel liked we'd still be working 12 hours a day, 6 days a week. The fact that government had to intervene shows you how bad they are. And there shouldn't be a discussion for Universal Basic Income if these employers really cared about people.

[soaponarope1]

Because customers don't care, they shop based on price. Open a store, pay your employees $20/hour with full benefits to run cash registers, price your things accordingly and you'll go out of business, because at the end of the day 99% of people don't really care about anyone else when it costs them a single cent.

[AWSbruh]

incorrect. Most corporations don't care about people that are replaceable. Think about it. If you run a company why the hell would you care about a cashier when a trained monkey can do that job lmao

[Kev1972]

incorrect. Most corporations don't care about people that are replaceable. Think about it. If you run a company why the hell would you care about a cashier when a trained monkey can do that job lmao

Damn was gonna rep u but you red.

[AWSbruh]

Damn was gonna rep u but you red.

lol this is 100 percent fact

[ErnieMccracken]

Corporations don't have feelings. They have shareholders who demand maximum profit. Employees are a resource in which the goal is to extract the most output for the least amount of money. That's capitalism, boyo.

There are a few professions which are in such high demand (mostly stem) where it makes economic sense to treat employees well, but the rest of us are just wage slaves. Even at amazon, they fully admit it's cheaper to hire young people, burn the chit out of them, and then hire another round of young people every 4-6 years. They have no interest in long term development and retention because it costs more.

[OffwhiteBrah]

Cuz **** you that's why lol. You drop dead today they are looking for your replacement the next day. No fuks given about you or what you've done for the company.

[HerrPeterson]

The managers of a corporation have a fiduciary duty to their shareholders— legally their primary concern and objective has to be their share-price and dividends. To prioritize the environment or employees or anything else to the detriment of the shareholders is a breach of duty and can open up the corporation’s managers to legal liability. (It’s called “shareholder primacy” and is enshrined in US law.)

Read up on Dodge v. Ford Motor Co. Henry Ford tried lowering costs for customers and increasing wages for his workers, and was sued by his shareholders. The Michigan Supreme Court ruled against Ford, saying

A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end.

To this day, that is the legal standard.

[MikeLowrrrey]

Because customers don't care, they shop based on price. Open a store, pay your employees $20/hour with full benefits to run cash registers, price your things accordingly and you'll go out of business, because at the end of the day 99% of people don't really care about anyone else when it costs them a single cent.

The customers ends up getting fuked over too. If it wasn't for government intervention there would only be 1 oil company, 1 computer manufacturer, 1 cable company, etc.

Don't understand why these places act like this.

The managers of a corporation have a fiduciary duty to their shareholders— legally their primary concern and objective has to be their share-price and dividends. To prioritize the environment or employees or anything else to the detriment of the shareholders is a breach of duty and can open up the corporation’s managers to legal liability. (It’s called “shareholder primacy” and is enshrined in US law.)

Read up on Dodge v. Ford Motor Co. Henry Ford tried lowering costs for customers and increasing wages for his workers, and was sued by his shareholders. The Michigan Supreme Court ruled against Ford, saying



To this day, that is the legal standard.

In the history of mankind, has good employees not equaled good revenue?

[ErnieMccracken]

Cuz **** you that's why lol. You drop dead today they are looking for your replacement the next day. No fuks given about you or what you've done for the company.

Can confirm. Red pill moment for me was when a really good coworker dropped dead. Guy who worked almost every weekend despite having 2 small children, held the whole department together, etc. Work was his life. We held one 30 minute meeting to delegate his work load until a backfill could be hired. That was the last word ever said about him.

[AWSbruh]

Can confirm. Red pill moment for me was when a really good coworker dropped dead. Guy who worked almost every weekend despite having 2 small children, held the whole department together, etc. Work was his life. We held one 30 minute meeting to delegate his work load until a backfill could be hired. That was the last word ever said about him.

sounds about right. If you don't like it start your own business simple. It is all about the bottom line at the end of the day. That's what makes America the goat country

[Anorexilla]

Only worked in one place where I was valued as a person and not just entirely because of my skills. I miss that place but those places are rare af.

[TonyNail]

Good read
https://whydavewhy.com/2013/08/16/loyalty-and-layoffs/

[arkansawboy]

I may be wrong, but it seems that way. I understand business is about making profits, but at the expense of treating your employees wrong? EA, Walmart, Apple, Uber, etc. etc.

If it wasn't for government, I feel liked we'd still be working 12 hours a day, 6 days a week. The fact that government had to intervene shows you how bad they are. And there shouldn't be a discussion for Universal Basic Income if these employers really cared about people.

lmao at thinking government cares about you anymore than the "evil corporations"

What specific government intervention helped?
Typically their interventions backfire. See forced minimum wage increases as an example. Studies have shown that intervention actually hurt low-wage workers.

I believe the competition that results from a free market is what has created and continues to create more favorable working conditions, not government intervention.

[Coldsloth]

I work for a big Corp and could care less if they care about me personally. It’s not like I give AF about them. It’s nothing personal. Simply business.

[arkansawboy]

If it wasn't for government intervention there would only be 1 oil company, 1 computer manufacturer, 1 cable company, etc.

Not sure if trolling or legit socialist.

[eod8989]

Look who's at the top. Narcissists. I've worked at wal mart and other corporate buildings and nobody cares. I'm just a cog in the machine and it seems pointless to even come here but I need money. I stay to myself all day and just do my work.

[Jax05]

to give you a simple answer, oppie boi, it's because they're so big

it's hard to care for thousands of ppl

[JStrez]

[ErnieMccracken]

I believe the competition that results from a free market is what has created and continues to create more favorable working conditions, not government intervention.

Brah there's no such thing as a free market. It's just a concept. Those with money will ALWAYS have undue leverage.

[dizzin9]

Because they’re expendable. They could easily find someone to hire for that position in a hurry if they want to.

[HerrPeterson]

lmao at thinking government cares about you anymore than the "evil corporations"

What specific government intervention helped?
Typically their interventions backfire. See forced minimum wage increases as an example. Studies have shown that intervention actually hurt low-wage workers.

I believe the competition that results from a free market is what has created and continues to create more favorable working conditions, not government intervention.

I’m as strong a supporter of property rights and robust markets as you’re likely to find, but even I can acknowledge that markets are not perfect.

They can give rise to monopolies (because they have— it’s in the historical record) and these kill competition and stifle innovation. If markets thrive on competition, then markets can work to sabotage themselves.

There is definitely value in government monopoly-busting and antitrust law. It’s not action against the market, but for the market.

Not to mention externalities that exist beyond the market... the government has a proper role in taming or curbing these since, by their very nature, the market doesn’t.

[Mumra]

same reason employees don't care about the companies they work for OP.

[crupiea]

Because customers don't care, they shop based on price. Open a store, pay your employees $20/hour with full benefits to run cash registers, price your things accordingly and you'll go out of business, because at the end of the day 99% of people don't really care about anyone else when it costs them a single cent.

This is 100% true. Just like people whining for free health care or school or whatever. Ask them how much they want their taxes increased by and see what they say. When it comes out of their own pocket, people suddenly get much more frugal then when someone else is paying for it.

[arkansawboy]

Brah there's no such thing as a free market. It's just a concept. Those with money will ALWAYS have undue leverage.

I don't disagree. I also don't believe we have anything close to a free market, but we should aim for it.

[MikeLowrrrey]

lmao at thinking government cares about you anymore than the "evil corporations"

What specific government intervention helped?
Typically their interventions backfire. See forced minimum wage increases as an example. Studies have shown that intervention actually hurt low-wage workers.

I believe the competition that results from a free market is what has created and continues to create more favorable working conditions, not government intervention.

Low wage workers wouldn't have been low wage workers if they actually looked out for themselves.

[TurbanMon]

Does Brian Scalibrine get the same treatment as LeBron
People think they're special, but they're not.

The superstars get treated well, the d leaguers are on a short leash.

[TurbanMon]

I’m as strong a supporter of property rights and robust markets as you’re likely to find, but even I can acknowledge that markets are not perfect.

They can give rise to monopolies (because they have— it’s in the historical record) and these kill competition and stifle innovation. If markets thrive on competition, then markets can work to sabotage themselves.

There is definitely value in government monopoly-busting and antitrust law. It’s not action against the market, but for the market.

Not to mention externalities that exist beyond the market... the government has a proper role in taming or curbing these since, by their very nature, the market doesn’t.

Dude. You clearly don't know history. Other than the DeBeers diamond industry, every single monopoly or oligarchy in history was created by government intervention or government regulation. The irony is standard oils monopoly was caused directly by government regulation yet Rockefeller is supposed some example of the monopolistic nature of capitalism.

The historic record is on the other side of history.

You are retarded.

Your belief that every externality can be made better through government intervention when history shows otherwise.


Learn history before talking.

[arkansawboy]

I’m as strong a supporter of property rights and robust markets as you’re likely to find, but even I can acknowledge that markets are not perfect.

They can give rise to monopolies (because they have— it’s in the historical record) and these kill competition and stifle innovation. If markets thrive on competition, then markets can work to sabotage themselves.

There is definitely value in government monopoly-busting and antitrust law. It’s not action against the market, but for the market.

Not to mention externalities that exist beyond the market... the government has a proper role in taming or curbing these since, by their very nature, the market doesn’t.

I don't think the market is perfect, but giving government credit for the 40 hour work week and benefits that private companies choose to offer is laughable.
I see all too many people praising the government for what the private sector is responsible for (and visa versa).

That's why I referenced minimum wage laws.
-Government enforces $15 minimum wage (which only helps the big corporations that can afford it).
-The rest of the private sector adapts by cutting labor hours or firing people.
-Public outrage is directed at the private sector for adapting.

[Kev1972]

Does Brian Scalibrine get the same treatment as LeBron
People think they're special, but they're not.

The superstars get treated well, the d leaguers are on a short leash.

A better comparison would be the guy mopping the court. Even D-league players are super stars compared to regular employees.