I said I was involved in two businesses. Stop adding to my statements. I don't care about your story. It has nothing to do with the point of the thread. You wouldn't be able to do what you did in the economic situation now extent in the UK. As i said, you don't get it. I can only think you are happy with capitalism crushing thousands of hardworking lives who are unable to do anything about it. I'll bet your cost of living never tripled in the space of 8 months after à pandemic. I don't prefer to share your space. AND STOP LABELLING ME. Especially when you miss the point entirely.
Oh I get your point which is promoting Marxism. Your comment about "capitalism crushing thousands of hardworking lives" is what one could call a clue. And you seem to assert that government shutting down businesses for covid and pumping trillions of free dollars into the economy represents a failure of capitalism whereas it represents a failure of government. As I have pointed out here on PF 3 or 4 times, the famous economist John Meynard Keynes, the proponent of stimulus spending, said that a stimulus was an appropriate short term solution when there was idle productrion capability. Applying a stimulus when there is reduced production capability is going to cause inflation. So, it is government that caused inflation. Not capitalism. This should be something that is easy to understand. What I don't understand is why you think Bezos has some moral obligation to rectify the adverse impact of government monetary policy.
I have to assume that in you are happy that capitalism can be gross exploitation . These people make just over 10 pounds an hour. Cost of living is tripling this year and they are offered 35 PENCE an hour . And if they can they hold down two or three jobs. Some are students but some have families or rents to support. BTW rents are going up too. NO economic system should exploit and abuse anyone. I don't expect Bezos to pay for a pay rise himself I can expect a lower profit margin for a year without feeling à thing.
This why we need the WEF and the TECHNOCRATS "planned" GREAT utopian RESET. Embrace Technocracy" with open arms and enjoy their 4th & 5th industrial revolution where robots and automation rule the land. Sit back and take their UBI crumbs where you will "own nothing & be happy" that is after you have medicated yourselves sufficiently with all their prescription anti-depressant drugs and the free flow of other narcotics and stimulants/depressants like, alcohol, marijuana, cocaine, heroin, meth at their recreational drug buy centers opening in a city near you. Of course don't forget to take your multi-jabs of the Pfizer, Moderna; and AstraZeneca "miracle" cures for their 2020-2023 WHO "ARTIFICIAL EVENT" and those other jabs for MoneyPot, $hingles, Pneumonia and Influenza (both $train$) now to keep your chemically tainted immune system in "tip-top" shape.
And for other readers here, this is what it looks like when one cannot debate their communist ideology with a well reasoned intellectual argument and cannot preach to the choir. It is absurd to claim that inflation has nothing to do with pumping Trillions of dollars into the economy as free money. But yet Bezos, is somehow reponsible for correcting the actions of government. But I get it, having been a naive communist, when 18 years old, not working and not paying taxes.
It would be REALLY GOOD if you would actually write to the subject. I didn't ask Bezos to correct the actions of the government. I SUGGESTED he tried to offer à reasonable payrrise to his employees for the hours they work commensurate with inflation JUST LIKE ANY OTHER COMPANY. You carry on discussing your own thread I'm done here. I don't waste time with people who are both rude, deliberately provocative ( god help him if he really is like he sounds) and so awash with simplistic nonsense that if he met someone with one brain cell in a quiz show he would be the loser . Do you understand the miles of open thought between capitalism and Marxism??? No. I guess not. You don't seem to be able to hold more than one thought in your mind at once. Or appreciate anything but extremes. Kind of not being able to see any shade of à colour. Or anything smaller than à barn door. Have you always been so incapacitated? So you carry on making remaking this thread in your own image. You certainly can't follow anyone else's. I am sure there are better people to have discussions with. I look for intellegent conversation, not confrontation. That counts you out..
I think working conditions are, in many of these warehouse workplaces, as big of an issue or bigger than pay levels are.
Just because inflation happens and the cost of living goes up suddenly does not mean that your employer must suddenly make up for it by giving the requisite raise needed.
Companies cannot simply use people as living robots. Lord knows Amazon has enough of those already. There is a long history of laws relating to workers' rights that are designed to ensure the welfare of employees against abuse and exploitation, necessary in any company in any economic environment. But when negotiations about pay start, it is fundamental to take issues such as inflation and the cost of living into account if only to make sure the new pay covers the existing ability to pay for essentiels. When à country, for whatever reason, expériences à 10% inflation rate and is confidently predicted to go North of that, an offer of 35 Pence on a (rounded up) pay rate of 11 pounds an hour doesn't start to touch the sides. I know Bezos isn't CEO anymore...he is playing Space Cowboys and building every megarich man's required superyacht, but even before he stepped down the pay and conditions for warehouse staff was , to put it in a positive light , meagre. Before the multiple issues in the British economy, workers could leave. And they did. But today they are desperate to find money even to heat their homes , so are subject to insulting pay offers. I know of SMI's which are more aware of compassionate treatment of employees.
When your employees are facing à choice of heating or eating this winter, and you offer a 3% pay rise on top of minimum pay in the teeth of a predicted 10% inflation rise, it becomes à sick joke. It is confidently forecast that heating with gas , the common form of central hearing and électricité is due tovtriple from an average of 1000 pounds a year to 3000 pounds à year. Bills have already started to go up. If a company like Amazon which has made à fortune during the pandemic, not even their own business plan, can't dig deeper than 3%, and pay accountants megabucks to find any possible way to avoid paying proper tax to help support the low paid through state benefits , there is something verging on the deliberately cruel going on. Other large companies dont behave this way. They recognise the need to tighten their profit margins in a national emergency. It is part of corporate responsibility. Company benefits like insurance and médical cover dont pay the werkly grocery bills. Amazon made 99 billion pounds in profit last year. They made à loss in the first quarterof this year but the share price still went up. I am quite sure the company will survive if they pay workers à proper living wage.
You asked Bezos to increase salaries to negate the impact of inflation which is in fact asking Bezos and Amazon investors to correct the actions of the government. Do you not understand that is the government that pumped trillions of dollars into the economy as a "stimulus during a period of decrease production which causes inflation. Apparently you do not grasp that increasing wages increases prices that the "people" then have to pay for goods and services. Of course all of this benefits government as people are pushed into higher tax brackets and impacted by alternative minimum taxes that were designed to stick it to rich people but end up impacting people who work for a living. What you do not grasp is what the law of supply and demand is or how it works. Rather than understand that capitalists such as Bezos provide thousands of jobs and product goods and services that people want and require you expouse the communist view which is always that the capitalists exploit workers in some sort of an evil way. I believe the exact language you used was capitalism crushing lives. Yes, there are a lot of options between a totally free market economy and communism. But what you ignore is the massive number of laws, and regulations that capitalism is already forced to comply with. The US has a plethora of laws addressing working conditions, wages, and the like. And I would expect Europe does as well. The oppressing the workers bit is simply the same tripe spewed by Communists endlessly since Carl Marx. As a final comment, do you think individuals have any personal responsibility to gain education, skills, and training so as to command a higher salary? Or even just resign from Amazon and take a job with one of the companies that you claim are doing the right thing?
Amazon has a fiduciary obligation to avoid as many taxes as possible. Jeff Bezos is no longer in charge of Amazon. The workers should be allowed to find jobs elsewhere if they want. If you want more stuff, you have to make more stuff.
Amazon doesn't MAKE anything. It is a market and arts as an agent. The rest of your post has already been acknowledged.
The democrats, here in the US, tell us that inflation is for our own good. Likely, your labor party is telling you the same? Do you suppose that in a recession that businesses that are seeing their real revenues negatively impacted are supposed to also pay folks more at the same time? In the US, this is what is focusing so much anger at democrats. The uncaring, the "it's for your own good" BS. What it really tells folks is that regardless of how much or hard you work, the money that you receive for your efforts is worth less and less. This is what the liberal folks want. The spiral to the bottom is supposed to create the anger that causes "viva la revolutione"....
If the problem is the system in general then you work on an overall fix. Targeting one company is not a solution.
Paint brushes and labels don't look good on you. They exist, and are likely more prevalent then you realize.
Department stores don't 'make' anything. Most retailers don't 'make' anything. The government doesn't 'make' anything. What difference does it make? They have something someone wants, they sell it to them at a price they are willing to pay.
Okay. Their tax calculator indicates someone in the UK making £13.85 per hour working a comparable 40 hour week would pay £5,397.34 total in taxes, of which £2,151.54 would be for their national insurance. In this case, it would be 9.188% for the health insurance portion.
The Labour Party .wantd too first, controlled inflation. The problem is though far more complex. The conservatives have , even before Covid, had à tn year austérité programme , meaning tighten wage control and tighten givt expediture. That decimated the public services both in employees and waves and i9nvestment. Then Covod cost the country some 400 billion pounds in borrowing some to protect jobs. Now inflation is accelerating price increase due to Ukraine, the Ruussian cutting energy supplies the effect of Brexit making trade more costly and difficult. , The bottom of the public barrel has been reached. People have not had ANY pay rise forr nearly four years. And prices are going ballistic. Towns are sitting up warming space, librairies etc, for people who can't heat their homes and food Banks have become normal even for middle earning families. This does not follow the usual glib slick idealistic équation. This is Dickensian. I don't care who is to blame. I am concerned about people eating children's leftovers as their once à day meal. I don't give a danger about your adversarial name ccall8ng or snowball fights. This is when politicians who are supposed to be there to offer à solid floor for capitalism to operate on, don't do ANYTHING. THEY ARE ALL ON HOLIDAY. There is no active prime minister,,,he was defenestrated for recurrent lying to the Queen, Parliament and to the people. There will be à new PM in september. But crisis management starting then is too late. This is not the time to point fingers and play party games. This is far more serious than the usual facile snowball fight.
They also pay à tax to cover environmental issues ( the Green levy) And has recently had a national insurance rise to cover better care at home to relieve space in hospitals.