Work Reform

10003 readers

141 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 1 year ago

MODERATORS

seeCseas@lemmy.world

tintory@lemm.ee

TinMod@lemmy.world

860

A billionaire wrote this letter to Google a year ago. How likely is that Google's layoffs and actions since then are at least partly because of this? (lemmy.world)

submitted 10 months ago by lledrtx@lemmy.world to c/workreform@lemmy.world

211 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] marcos@lemmy.world 5 points 10 months ago* (last edited 10 months ago) (1 children)

The funny thing is... what are the operational requirements of an R&D organization?

As far as I can see, it's nothing, by definition.

Anyway, does the rich person there not understand that? Also, what is the value of an R&D organization where people are demotivated?

[–] Enkers@sh.itjust.works 10 points 10 months ago (1 children)

The rich person only cares about short term profits. They want to liquidate any good will and long term preparedness. Once the host corporation has been sufficiently bled of value, the parasite will move on to the next source of value it can find.

[–] marcos@lemmy.world 5 points 10 months ago (1 children)

But then, an R&D organization doesn't have short term profits.

[–] Enkers@sh.itjust.works 6 points 10 months ago* (last edited 10 months ago)

Correct. R&D only creates future value. Usually in the VC model, R&D is done by individuals or small groups and then funded (bought) by VC to get it to market. So even though the R&D do-er can cash out their future profits for immediate profits, the value of that R&D can't be realized immediately.

I personally think the VC and legacy models are currently competing, and VC is winning out. As we see here, even large, established companies aren't immune to impinging VCs.