Amazon raises overtime pay for warehouse workers • Hacker News Board

Re: Amazon raises overtime pay for warehouse workers

#231

Post by newfangle » Sun, Mar 22, 2020, 5:26 PM UTC

nojvek wrote: post #212

tcbawo wrote: post #10

If Amazon wanted to win immediate trust and lasting goodwill, they should secure suppliers for "Amazon's choice" cotton surgical masks, providing priority service to hospital systems in regions of need, but also (publicly), their own warehouse and delivery workforce. They have the leverage, analytics, and supply chain to make it happen. Edit: We need to provide enough masks so that people don't feel like they are dep…

Why are we paying almost a trillion dollar in taxes if the government can’t get its shit together and we have to rely on mega corporations. When looking at Wuhan news, everyone is wearing a mask. How did they make that happen for millions of people. Singapore mailed 4 masks per household. South Korea nearly tested every citizen. Sure China is an authoritarian government but we can’t deny it can do manufacturing and l…

We are blowing it all on the stupid military when we could have been spending it on cutting edge medical research. We spend trillions blowing stuff up instead of spending trillions searching for ways to improve our health and lives.

Re: Amazon raises overtime pay for warehouse workers

#232

Post by masonic » Sun, Mar 22, 2020, 9:16 PM UTC

DoreenMichele wrote: post #230

masonic wrote: post #225

Earlier quoted context omitted.

But using general masks to stop a virus is like wearing a volleyball net to stop gnats. (In reality, the size disparity is far more extreme than that.)

From what I have heard, a large part of the benefit is that it actively interferes with people casually, constantly and mindlessly touching their face. Sort of like those cones we put on the necks of dogs to control some of their behavior when they have medical stuff happening.

  it actively interferes with people casually, constantly and mindlessly touching their face

Oh, I absolutely agree. And I see its value as not so much "actively interfering" like a Cone of Shame but by serving as a constant reminder against touching hands to face. (Eyes are highly vulnerable but are unprotected by masks.)

Re: Amazon raises overtime pay for warehouse workers

#233

Post by afjl » Mon, Mar 23, 2020, 6:11 AM UTC

chiefalchemist wrote: post #226

cobookman wrote: post #204

Earlier quoted context omitted.

they can trade on margin. Making use of low interest rates. So when the market recovers, which it will. They can see greater gains. with fed interest rate at 0%. I’m sure the 0.01% can get incredibly favorable loans against their assets to double down.

"I can trade on margin" said no one with the rent / mortgage due. That aside, you're missing the point. The public stock market best enriches those with the most reserves. Everyone else gets trickled on.

Not to mention margin calls if the stock goes down past a given price.

Re: Amazon raises overtime pay for warehouse workers

#234

Post by simonh » Mon, Mar 23, 2020, 8:33 AM UTC

chiefalchemist wrote: post #162

simonh wrote: post #152

Earlier quoted context omitted.

Real people lost a lot of real money. Bear in mind most of the wealth of most well off people is held in shares. It's just not possible that all shareholders all sold before the crash. A lot of people lost a lot of money. The problem is not so much that some rich people are now somewhat less rich. Boo hoo. Let's rephrase that another way though. A lot of people that previously had the wealth and assets to invest in n…

Or employee ownership is allowed to expand as a means to grow a biz. True, that won't fill all the gaps. But it's certainly an option worthy of more attention.

How does employee ownership through stock giveaways generate capital for investment?

Re: Amazon raises overtime pay for warehouse workers

#235

Post by xxpor » Mon, Mar 23, 2020, 5:00 PM UTC

tomcatfish wrote: post #188

xxpor wrote: post #167

Earlier quoted context omitted.

We covered the Triangle Shirtwaist fire, the muckrakers, and Roosevelt's war against trusts, but I don't ever recall hearing the name Eugene Debs, or say the Haymarket massacre.

> but I don't ever recall hearing the name Eugene Debs, or say the Haymarket massacre. These are both covered in the popular APUSH American History courses.

I'd believe that. How many people end up taking APUSH though?

Re: Amazon raises overtime pay for warehouse workers

#236

Post by omegaworks » Mon, Mar 23, 2020, 5:19 PM UTC

nojvek wrote: post #212

tcbawo wrote: post #10

If Amazon wanted to win immediate trust and lasting goodwill, they should secure suppliers for "Amazon's choice" cotton surgical masks, providing priority service to hospital systems in regions of need, but also (publicly), their own warehouse and delivery workforce. They have the leverage, analytics, and supply chain to make it happen. Edit: We need to provide enough masks so that people don't feel like they are dep…

Why are we paying almost a trillion dollar in taxes if the government can’t get its shit together and we have to rely on mega corporations. When looking at Wuhan news, everyone is wearing a mask. How did they make that happen for millions of people. Singapore mailed 4 masks per household. South Korea nearly tested every citizen. Sure China is an authoritarian government but we can’t deny it can do manufacturing and l…

This government is run by people that believe mega corporations should pay no tax[1], under the impression that the mega corporations are better suited to fulfill the needs of society.

Will this philosophy survive a pandemic?

1. https://www.cnbc.com/2019/12/16/these-91-fortune-500-compani...

Re: Amazon raises overtime pay for warehouse workers

#237

Post by ric2b » Sat, Mar 28, 2020, 7:34 PM UTC

phreeza wrote: post #74

legitster wrote: post #46

It's also worth noting that if our economy starts deflating (basically inevitable at this point), real incomes will rise. So $15 an hour next month is like $20 an hour last month (or some ratio like that).

Why do you think it's inevitable that there will be a deflation? Genuine question, it seems the money supply is going to be increasing?

I don't think it can happen for any period longer than 1 year, when the entity that can create unlimited money at will has 2% inflation rate as one of their two main goals.