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Billionaires Want People Back to Work. Employees Aren’t So Sure

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Re: Billionaires Want People Back to Work. Employees Aren’t So Sure

#181
post #166

Earlier quoted context omitted.

I think it’s called Slack.

True, however, sometimes Slack is like if someone put the water cooler in your office, and then started having meetings around the water cooler in your office while you were working and then expected you to be even more productive.

[deleted]

Re: Billionaires Want People Back to Work. Employees Aren’t So Sure

#182
post #4

Risk vs. Reward. It's truly sad for those who can't work remotely and have to soon choose between risking their lives (or family members for that matter) vs. getting paid. Now that the stimulus is to be passed soon, I also wonder how many people would voluntarily quit and just file for unemployment. So many uncertainties ahead...

Since you can’t get unemployment after voluntarily quitting, the answer to that question is exactly zero.

Health and safety reasons is one reason you can quit and still get unemployment. I think Coronavirus falls into this category but I might be wrong.

Re: Billionaires Want People Back to Work. Employees Aren’t So Sure

#183
post #121

Earlier quoted context omitted.

This is not true, and is why the markets are crap. Everyone is buying much less. This means there is less demand still. Thus the economy contracts like dominos. This is literally how every recession in history has worked.

I know people are buying way more delivery services.

There's always certain industries that do well in every recession. That doesn't mean it's not a recession. North Dakota had something like a 1.8% unemployment rate in the depths of the Great Recession because the high oil prices (which otherwise exacerbated the recession) allowed the shale oil and gas boom. They were doing great, but the national rate was around 10%.

Re: Billionaires Want People Back to Work. Employees Aren’t So Sure

#184
post #183

Earlier quoted context omitted.

I know people are buying way more delivery services.

There's always certain industries that do well in every recession. That doesn't mean it's not a recession. North Dakota had something like a 1.8% unemployment rate in the depths of the Great Recession because the high oil prices (which otherwise exacerbated the recession) allowed the shale oil and gas boom. They were doing great, but the national rate was around 10%.

True. That's why we need basic income, because recession defined as more industries becoming more useless and less becoming more useful will occasionally happen for whatever reasons and hoping it never ever happens is not the best social harm mitigation strategy.

Re: Billionaires Want People Back to Work. Employees Aren’t So Sure

#185

Earlier quoted context omitted.

Company owner can always ditch burnt out workers which is efficient for the company. I'm assuming it's not that easy in workers collective?

The workers can run the collective as they please.

No they can't because they have their individual self-preservation instincts that they can't disregard. Company owner can do that with ease.
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