this post was submitted on 24 Feb 2024
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Amazon and SpaceX are quietly trying to demolish national labor law — American workers could lose workplace protections that they’ve had for almost a century::Amazon alleged in a legal filing published Friday morning that the National Labor Relations Board (NLRB) is unconstitutional. SpaceX and Trader Joe's --

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[–] [email protected] 33 points 8 months ago* (last edited 8 months ago) (4 children)

I don't think it's possible to become a billionaire and believe in fair labor practices.

I'm actually one of the minority on lemmy that believes in regulated capitalism. In that vein though, billionaires should be taxed out of existence. You can have tens or hundreds of millions, but once you get into the billions you really should be hitting a ceiling. You're not contributing more than you're taking from the country at that point and you're a risk to democracy with that much concentrated power.

[–] [email protected] 5 points 8 months ago (1 children)

I’m fine with regulated capitalism. I totally agree with you.

[–] [email protected] 5 points 8 months ago

Capitalism can't stay well regulated according to Das Kapital and we're seeing a lot of examples of regulatory capture and late-stage capitalism.

[–] [email protected] 4 points 8 months ago

Nick Hanauer seems to talk the talk. He's been on the lecture circuit for over a decade suggesting billionaires need to run their companies ethicaly or risk losing it all to class warfare. It's a message that falls on deaf ears, and I don't know if he practiced those ethics while building his initial fortune.

[–] [email protected] 3 points 8 months ago

Minecraft's Notch is a billionaire and regardless of his amusing racist antics, he treated his employees pretty well so I've heard.

I know, a rare exception.

[–] [email protected] 2 points 8 months ago (1 children)

Tens of hundreds of millions? Are you aware that ten hundred million is more commonly known as a billion

[–] [email protected] 1 points 8 months ago

It was supposed to be or