jack_tripper

Competition is meaningless when they're all owned by Blackrock and Vanguard to an extent. They can easily sacrifice a brand to test the waters, knowing consumers will move to buy from their other brands which the also own.

Comment · 10 months ago

I know. That was tongue-in-cheek sarcasm for the Ponzi government pay-as-you-go pension system in most European countries that's said to collapse in the future unless we import infinity migrants to fund it. I was expecting people would catch onto it being tongue-in-cheek.

Comment · 10 months ago

>The gig economy is hiding the real employment problem in most of the West.

This. Jobs that were previously contract employment jobs that came with health insurance, workers rights and social security and were mostly taken by youth as part time jobs to fund studies, are now turned into gig jobs where you get none of those things and are mostly taken by migrants who live 10 in an apartment and send the money home.

Gig work used to mean that you have several customers you bounce around for doing part time gigs, not you work full time for the same tax dodging Amsterdam based food delivery company who doesn't want to hire local workers on employment contracts to evade labor laws and liabilities.

How does this benefit society? It only benefits the capital owning class. Why isn't the government regulating this gig industry abuse? It's literally what its job is.

Comment · 10 months ago

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Comment · 10 months ago

Both are true. Because when the abundance runs out, people start using nepotism to get what they need. You can see it in the tech job market now. More and more good jobs are only through networking. Meritocracy alone was enough during the times of abundance.