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this post was submitted on 07 Apr 2024
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It's almost like overworking people in the name of profits gets in the way of safety snd reliability.
What are you, some kind of socialist?
Hey Karl Marx, preventing needless death isn’t profitable! Enough.
Thank god the wealthy control the courts and government, at least. They’ll keep the lid on this rabble-rousing.
Keep in mind they literally do not care until it gets in the way of profit
They tied bonuses directly to how many planes were delivered. Definitely a good way to promote cutting corners.
Are there examples of economic theories that better value the worker? The only I've ever seen is high unionized social democracies, which are themselves still capitalist in nature
Looking for "economic theories" is already buying into their bullshit. The economic theory championed by major political parties and media networks the world over is neoliberalism. You know, trickle down, self-regulation, free market will fix it, that kind of shit.
None of it works and none of it ever did. Maybe, for a brief moment around Thatcher and Reagan, they genuinely thought it might. These days though, they try neoliberalism over and over again because it doesn't work and they grow richer with every failure. Money didn't trickle down, they just got a tax break. They didn't self regulate, they increased their profits by exploiting foreign workers and literal slaves. The free market didn't fix it, because people were desperately trying to keep their head above water, forcing them to be complicit in the horrors or drown.
You don't need economic theories. You just need regulations to stop businesses doing unethical, exploitative things. Politicians could solve most of the issues facing us today with the stroke of a pen. It's not even complicated policy. "Foreign workers pay and working conditions must meet domestic standards. Failure to do so will result in criminal charges".
You'd see industry return to wealthy countries overnight. Consumers wouldn't be blamed for multi-billion dollar companies using child slaves. Sure, everything would also become more expensive, but that's your bosses problem now. They've been pocketing your wealth for decades, distracting you with cheap junk, subsidised by the misery of foreign workers.
That's why the world over, every election has become "red neoliberal" vs "blue neoliberal". They might pantomime fight over social issues but when it comes to economics, the only disagreement is about whose buddies from school get to be first snout in the trough. Their children are bred for it. The moment a progressive get anywhere near power, watch as these mortal enemies suddenly unite in solidarity to attack them.
Whatever economic theory you find, there will always be greedy sociopaths trying to murder and manipulate their way to the top.
Regulations are part of the economic system we want. An economic theory that has strong regulation as a first class tenet is the one we want
Then it's just what we already have only people don't vote for neoliberals.