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Dave Graeber's "Bullshit Jobs" treatise.
In a lecture he gave he was asked how to identify a job thay was bullsbit, one way he suggested was to flip it around. What happens when they all quit? like teachers or Tube workers (he was in London at the time) those are the needed and worthwhile jobs but oddly are often treated like shit.
I'm a school bus driver. Apparently, there is a big shortage of school bus drivers nationwide. But (and it's a big butt): in many of the school districts in my area, this driver shortage has been used as a rationale for privatizing bus services. Somehow, schools can't find people with CDLs willing to work for $30+ an hour with benefits like health insurance, dental and vision plans, retirement contributions and even a pension, plus vacations and PTO - yet private bus service companies have no trouble finding plenty of drivers willing to work for $22 an hour with no benefits at all.
If you fire every CEO at a company. Business will continue as usual.
If you fire every insert basically any other role here, you will more than likely have a problem.
That should tell anyone all they need to know about the "value" CEOs bring.
Disclaimer, I'm talking about large corporations.
I think the delusion is far enough that the owners no longer grasp how the labor exploitation system works. If you don't give them enough crubs it stops everything.
Not yet we don't 🔫
That green water pistol emoji as shown on my device (voyager/iOS) looks like a weapon Luigi himself would use.
Civilization collaaaaapse.
I know someone that has all the hours, proper credentials to be a pilot, he has credentials to fly 737s and A320s, and he has never failed a test. He applied to over 70 airlines (major, regional, corporate, anything in the US) he had people in the industry review his resume. He can't get hired. He is a flight instructor and operates tourist flights but wants to fly larger planes. If there is a pilot shortage, why is no one willing to hire him?
Something about this seems off. There is a pilot shortage. Are you saying this person is type rated on a 737 and a 320 and can't find a job? How much experience do they have on type?
He has over 1500 hours of total flying time.
That would be because they're lying. Not the guy in the meme. Companies are constantly saying they're short of workers without actually hiring more. There's several reasons for it, but mostly it's to influence regulation on training and safety standards. In teachers it's a political preference for private schools at the expense of the normal school system.
We produce enough nurses, pilots, and teachers. But the shortage myth justifies running skeleton crews, treating them badly, and hand waives high turnover.
because the media is owned by the same rich assholes that won't hire your friend. these same assholes are setting the narrative to get us fired up to attack each other so we don't look at what they're doing.
what they're doing is accelerating us on a path of self-destruction so they can come back with their resources and take over completely.
We actually DO have a shortage of overpaid CEOs, as much of the entrepreneurial web of small businesses and local special interests have been bought out or bankrupted by corporate expansion and conglomeration.
The days of petite bourgeois middling millionairehood are coming to a close. The fat dodos trundling around Middle America with their second homes and their Sea-Do outlets and their small patch of land dedicated to not growing alfalfa have all been clubbed and devoured. You're either at the top of the food chain or you're someone else's dinner.
If everyone knew just how little CEOs actually do day-to-day for their millions of dollars, you'd be storming the capital.
If CEOs work so many hours, who keeps golf courses in business Monday thru Friday?
if everyone knew just how little senators actually do day-to-day.....
Seizing the means of production is a popular phrase for a very good reason. Wealthy doesn't mean competent. In fact it leads to hubris.
Honestly, we should have more CEOs too. They shouldn't be paid as much, but we definitely don't want fewer people running more companies.
My brother who is now deceased as of a few days ago said something similar. AI should be replacing the CEOs lol
My condolences 😔
That raises the question of how those companies ought to be run. Maybe we don't need CEOs at all?
I think it's an important role. It's just over paid.
There was a time when CEO actually took responsibility for the fuck ups of the company they were the head of.
Nowadays, we get the same fucking PR speak, no CEO is held accountable. They give a platitude, get their golden parachute and go be a fucking parasite in another company to do the same shit.
The only time they are a little bit accountable is when they fuck over other rich people.
Couldn't it be more like a parliament instead of a king?
Big companies already have elected boards. Someone has to be the secretary.
Big companies already have elected boards.
Big boards of shareholders consisting of the CEOs of other companies. Its how you get industry cartelization.
Why do CEOs reciprocally sit on each other's boards?
The reciprocal interlocking of chief executive officers is a non-trivial phenomenon: among large companies in 1991, about one company in seven was in a relationship whereby the CEO of one company sat on a second company's board and the second company's CEO sat on the first company's board. We develop hypotheses to distinguish whether this practice furthers the interests of shareholders or the private interests of the CEOs. Using a sample of large companies, we employ a probit model to test these hypotheses. Our empirical findings are that these reciprocal CEO interlocks primarily benefit the CEOs rather than their shareholders.
Very often, a CEO will receive stock in-lieu of compensation. This makes them a major shareholder of their existing firm. Firms will also use stock in-lieu of payment when negotiating contracts between firms, particularly in M&A and other consolidation agreements.
Consequently, you'll have a guy like Michael Dell, whose primary wealth comes not from owning shares in Dell Computers but in Broadcom Semiconductor Company. This came about because he received 22M shares from Broadcom in exchange for his controlling interest in VMWare, a company he obtained by trading his Dell stock to the original owners.
He sits on Broadcom's board and the former CEO of VMWare sits on his board. When Broadcom skyrocketed in valuation (currently in the $1T range) during the Crypto/AI induced chip shortage, Dell's net worth skyrocketed with it.
There is a fix for this and it just takes us rallying together a little bit in a video game character fashion.
There is a fix. It's called Unionizing.
Just look at what happened during COVID.
All the jobs marked as "essential" back then would probably be a solid proportion of the grease of society. People would riot if they suddenly stopped existing.