SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: stsimon who wrote (184812)7/7/2014 1:56:00 AM
From: whitepine2 Recommendations

Recommended By
Bernie Diamond
CommanderCricket

  Respond to of 206181
 
re: because the workers are basically indentured servants


Anyone who works for an employer, or even as a market participant, is an indentured servant, at best. Most of modern world are slaves. How so? Ever get fired, released or RIF'ed? You're likely to discover, jobs are difficult to find and the competition is keen. No job...no pay...hung out to dry.

Ya think the 'job-dependent' class is about to exercise freedom of speech, etc. ? No way. Most employees have lost independence. So it is with a nation of employees. Not so under Jefferson. He believed only land-based class could remain independent, only they could act and think independently. No meaningful land-based class today.

Labor is relatively immobile; capital is not. IT will go to India..or Paki-land...or where ever. The digital age........means more and more of every process and product will become commoditized. No escaping that dialectic for most folks. The "new" working class will become, has become, must become..........brain dead. They will conform............or they will only earn membership in the Country Club of Proles.

Orwell was a visionary.

They have your number. They know your name. You are owned. You and your progeny only think you're free.



To: stsimon who wrote (184812)7/7/2014 11:49:13 AM
From: sm1th1 Recommendation

Recommended By
isopatch

  Respond to of 206181
 
This suppresses tech wages for the employer and discourages the brightest Americans from entering the field.
I agree somewhat with the first half of that statement, although in 30+ years in software, I have always been in the top 10% of the country by income and for the last 15 years the top 2-3%.

That is why I can't agree with the second half. Software graduates from top schools start at 80-90K. There aren't many fields where you can get there with just a BS. I think it much more a cultural problem than economic. What kid wants to be Dilbert?