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submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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U.S. Corporations Are Openly Trying to Destroy Core Public Institutions. We Should All Be Worried | Trader Joe's, SpaceX, and Meta are arguing in lawsuits that government agencies protecting worker...::Trader Joe's, SpaceX, and Meta are arguing in lawsuits that government agencies protecting workers and consumers—the NLRB and FTC—are "unconstitutional."

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[–] diffusive@lemmy.world 4 points 9 months ago (1 children)

I hear the general sentiment against billionaire and corporations but from game theory point of view what they are doing is the rational behavior.

The problem is not them doing this, the problem is that the system (judiciary system in this case) is not neutral as it is supposed to be.

The problem, though, is that it's short sighted. If the workers are abused less and less business opportunities there are. In other words on the short term the corporations win, on the long term everyone loses.

A single billionaire, overall, can spend less than 1000 millionaires that can spend less than 10 ppl that make 100k/y