Recently, a tweet about Amazon head Jeff Bezo's worth went viral, because it highlighted the enormous wealth disparity between the people at the top of companies versus the workers who make that company function. It's disturbing to a lot of people that someone can make so much money while others aren't even able to make the minimum wage.
Twitter user Julius Goat decided to take the tweets popularity and turn it into a little lesson trickle down economics; specifically, how they don't work. Their argument is that capitalism demands efficiency and cost reduction to the point of eliminating humans from the assembly line, making technology the king of production. But instead of considering how this might free up time and resources for people to live better, we've begun to serve the technology over human beings.
He begins, "One way you know capital has determined that it no longer desires human labor is, they now require their human employees to behave like the robots with whom they plan to replace them." Then continues, "This might be appropriate (full disclosure I do buy from Amazon at present) but I think Amazon is just the most successful symptom of the disease, which is that capitalism has determined to ‘lay off’ humans, as a general rule."
"For capitalism, cheap labor is good, but free labor is very good. Automation. Efficiency. Innovation. All very good things. Good, that is, until the moment they become more important than human beings," he writes.
It's not exactly clear what it would look like to somehow get capitalism and technology to serve people again, especially since the current system of replacing workers with bots and paying the remaining people on the job as little as possible is only benefiting folks at the top. Any ideas?
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