A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32060 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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Be prepared fellow millennials 2020s is going to be a little bumpy
Be prepared fellow millennials 2020s is going to be a little bumpy
The most interesting thing I think from this is how much exploitation is needed to make a "good" business model for these companies that are trying to reach as many markets as they can. This exploitation supports cheaper goods that support lower wages for the people that want to have a good life. These "innovative" companies will make our whole economy weaker for the sake of growth, instead of being actually useful and valuable for society. These companies need to change their perspective and acknowledge just working conditions as part of their business model, not exploitation. The problem is that they know, and we know even if we love their lower prices, that these companies value would crumble in the eyes of the stock market when they will choose to make this change.
The most interesting thing I think from this is how much exploitation is needed to make a "good" business model for these companies that are trying to reach as many markets as they can. This exploitation supports cheaper goods that support lower wages for the people that want to have a good life. These "innovative" companies will make our whole economy weaker for the sake of growth, instead of being actually useful and valuable for society. These companies need to change their perspective and acknowledge just working conditions as part of their business model, not exploitation. The problem is that they know, and we know even if we love their lower prices, that these companies value would crumble in the eyes of the stock market when they will choose to make this change.
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