Ancestors

Written by datum (n=1) on 2025-01-30 at 23:15

"The cost and price of a good or service is the tangible expression of power. It is a matter of politics, not economics." [1]

yes yes I know this is fulfilling the stereotype of quoting Cory Doctorow on Mastodon

what can you do?

truth is truth

[1] https://pluralistic.net/2025/01/29/which-side-are-you-on-2/

[#]CoryDoctorow #power #politics #prices #economics

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Toot

Written by datum (n=1) on 2025-01-30 at 23:17

"in 2017, the pilots' union for American Airlines forced their bosses into a raise. Wall Street freaked out and tanked AA's stock. Analysts for big banks were outraged. Citi's Kevin Crissey summed up the situation perfectly, in a fuming memo: "This is frustrating. Labor is being paid first again. Shareholders get leftovers":" [1]

[1] https://pluralistic.net/2025/01/29/which-side-are-you-on-2/#strike-three-yer-out

[#]CoryDoctorow #power #politics #prices #Economics

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Descendants

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