181–190 of 268 posts
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So you're saying that four-day-workweek companies saw no decline in their productivity, in contrast to the Australian average productivity which went down overall‽ That means the four-day-workweek is even better than we thought it was!
As an Australian, I am not sure that most work done in this country adds to productivity
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> And if I were ever have to have kids, you can’t hire a maid here sleeping at your apartment and you have to clean yourself which is ridiculous. Not sure if serious. If serious: This is a really weird and almost sociopathic thing to say. I really don't get where you're coming from. It's certainly not the cultural direction I'd like to see Australia moving in.
You realize this is the standard in Asia right? They only cost like 2.5k a month which is pretty good value https://www.life.gov.sg/guides/domestic-helper https://www.immd.gov.hk/eng/services/visas/foreign_domestic_...
Describing it as "pretty good value" bothers me in a number of contexts.
I'm also fine with this never becoming a thing in Australia. Not sure how out-of-touch or in-touch that makes me, but that's how I feel nonetheless.
@Loocid, thanks for saying what I was dancing around.
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>> Prices will increase a lot. Citation needed. Very little of what we buy today as a consumer are commodities whose price is determined primarily by the cost of production — and even then labor costs are rarely the most significant cost. Most things we buy are priced according to what the consumer is willing to pay for it, and the balance sheet of the companies that sell most of the things we buy show there’s a lot…
> Citation needed. Very little of what we buy today as a consumer are commodities whose price is determined primarily by the cost of production — and even then labor costs are rarely the most significant cost. Services and goods where lots of human labor is required get much more expensive with larger cost of labor. E.g. fast-food, food delivery. And there's nothing wrong with that of course - I'd rather pay 2x more…
Surely there is more slack in the system than the Epstein class wants to openly admit.
USA: So what I hear, is we need to work 6 days per week + AI? Correct?
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> And if I were ever have to have kids, you can’t hire a maid here sleeping at your apartment and you have to clean yourself which is ridiculous. Not sure if serious. If serious: This is a really weird and almost sociopathic thing to say. I really don't get where you're coming from. It's certainly not the cultural direction I'd like to see Australia moving in.
You realize this is the standard in Asia right? They only cost like 2.5k a month which is pretty good value https://www.life.gov.sg/guides/domestic-helper https://www.immd.gov.hk/eng/services/visas/foreign_domestic_...
The whole power dynamic is extremely exploitable which results in a lot of abuse cases.
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Why are you not leaving right now?
I could as a German but my partner has a weaker passport so I’m just waiting till she got her australian passport
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Quite a leap to attribute corporate greed to H1B. Think again: this is entirely homegrown.
Is there not a connection between the two? You'll have to spell out what you're suggesting here. "Think again" only works on LLMs, and then only sometimes.
The responder is saying that domestic American capitalists do not need foreign influence to abuse or exploit labor. The H1B visa program has absolutely nothing to do, for example, with Walmart telling their full time employees how to apply for government assistance programs because they refuse to pay a livable wage.
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The tax is already bad here, even without it. I paid $89,000 taxes just for the last financial year because stock gains are added up on top of the income and my partner doesn’t work and there’s no family support allowance here. I can apply Australian citizenship next year but I will leave ASAP after becoming a citizen for Singapore, Dubai or Hong Kong where the tax is < 20%
I'm sorry but you pay more in tax than I make in income! This sounds like your lifestyle creep has chewed up your money stream. Despite my significantly lower income, I manage to own my house in Melbourne. With your income I could have it paid down in a few years at most.
I'm in a similar boat, and can relate to the on-going management and suppression of lifestyle creep in order to reach worthwhile goals. It feels like a never-ending battle, even after 20 years.
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If someone has a company doing an IPO, it’s extremely unlikely that the company was so small that one person did all the work. Why is it a given that one person should retain nearly all of the proceeds of the sale? To answer your question, that person is funneling funds from investors who are expecting returns derived from the labor provided by the undercompensated employees.
Ok, let's follow that logic. If IPO makes CEO much, much richer but generally also makes company and workers better off (but to smaller degree), does IPO make workers more undercompensated? Nobody lost anything for the CEO to gain. Also is "funneling" (that's an interesting choice of word) investors money into company stock a bad thing? Why would it be? I'd say it's a very, very good thing and it's in almost always 1…
Yes, obviously. The bulk of work of the company is done by the workers. That is to say, most of the value is generated by the labor of the workers. If a commensurate share of the profit is not returned to the employees, they’ve clearly been undercompensated.
Papers like this should be called opinion surveys. Calling it a study is a disservice to science. As Feynman said, anything where they have to put science as a suffix is usually not science.
This is such an absurd thought-terminating cliche. Science suffixation seems more an indicator of the age of the field, not its scientific rigour. Are "climate science" and "computer science" not science?
On the flip side, just because it says "ology" at the end of a word does not mean it's a science.