ELIIK: Some people have more, and they can do more things.
Pretty much what my parents told me about money when I was little & they said no to the junk foods I wanted.
this post was submitted on 12 Sep 2023
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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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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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They don't care, you do. Change will not come from them, only from you.
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Supply and demand. There are many workers and relatively few employers, so it's much easier to find a cheaper worker than a more generous employer.
People need to learn to leverage this. Increase your skillset and be scarce. And better hurry to reskill before they substitute all the low skill jobs with automation
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I was curious, so I pulled some quick numbers about Jeff Bezos.
Bezos has what I think is the biggest yacht in the world. It cost $500 million, according to the NYT. I am not intimately familiar with yacht ownership, but from 20 seconds of Googling I found a rule of thumb saying the yearly costs can be expected to be about 10% of the purchase price.
Currently, Amazon has over 1.5 million employees. That means Bezos' yacht money could have given every employee a bonus of about $333, and the maintenance cost could give everyone a permanent raise of about $33 per year.
It's a drop in the bucket.
Of course there are other ways you could slice this. According to Amazon's own PR piece from 2018, they had about 250K employees earning their minimum wage of $15/hour. That money would go a lot further if concentrated toward the lowest-earning employees.
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