Watch: Billionaire CEO says unemployment 'has to jump' to put 'arrogant' workers in their place
Watch: Billionaire CEO says unemployment 'has to jump' to put 'arrogant' workers in their place
An aggrieved billionaire this week lamented that workers had grown lazy and "arrogant" during the coronavirus pandemic and that many of them needed to be made unemployed for the situation to improve.The Australian Financial Review reports that Tim Gurner, the founder and CEO of the Gurner Group, exp...
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We need to see some pain in the economy. We need to remind people that they work for the employer, not the other way around... There's been a systemic change where the employees feel that the employer is extremely lucky to have them, as opposed to the other way around.
So said every vicious aristocrat throughout history.
Whether owner of slaves, serfs or workers - elites always believe it's their right to inflict harm on others.
Eat the rich, put us out of their misery.
As long as you commodify my labor, it has value.
Whose labor generates more value? The worker, who creates the product being sold to generate profit, or the boss who manages them?
We need to remind people that they work for the employer, not the other way around
Oh and I was sitting here thinking, that employers and employees share a mutually profitable relationship. Employees provide services to employers and employers provide financial gains for their employees.
But no, modern slavery it is. Alright.
Tim Gurner, the founder and CEO of the Gurner Group
Landlord. He's a landlord.
Explains so much.
Sometimes I get real sad that people would destroy their rentals and pour cement down the sink.
But then I wonder if these rentals are owned by this a-hole and well... good.
He actually says they (the rich owners) need to "hurt the economy". Economic terrorist.
We toppled Saddam because he wanted to ditch the dollar. I don't think this fuckstick or Elon Marshmallow man have the same level entourage.
All the Russian oligarchs what is like to have all your assets seized, and just me tell ya, Id suffocate from laughter before I ever gave one fuck about the obscenely rich.
I'm ready to Make America Great Again, by taxing any and all assets over 10million, annually, at 75%. The squeaky wheel gets it raised to 85% Back in the oft romanticized golden days the upper tax rate was 90%
Maybe I'm alone in this opinion but I don't think someone should be able to have one idea that sells and then never have to work again. Like, if we all worked 4 hrs a week then fine, but nowadays, with modern tax chattle slavery? Naw man. Edison, Tesla, those guys had to keep inventing. Mr Mypillow can go die under an overpass.
Fuck billionaires. We need a special forces team for the IRS, they can jump from helicopters with their calculator's ribbon.
This was gold to read.
I agree. Amassing such volume of wealth that a single individual jas more wealth than many sovereign nations put together is ludicrous.
I'm not against a person making money for their work and ideas but to the point where they can take other companies from business out of spite and mess with the entire economy for sport?
I like to say I don't mind paying taxes. In my country it buys me services and civilization, regardless being far from perfect. If I made a million a year, I could not spend it. I can't imagine what it takes to spend a million.
We toppled Saddam because he wanted to ditch the dollar
Lmao imagine thinking we went to war in Iraq over Saddam wanting to be poor.
Can we stop calling russian billionaires "oligarchs" but other billionaires as just "billionaires"? Both are oligarchs.
75% on 10M is 7.5M. This is how you get people to end up paying $0, because that rate is far to high. Its like saying for every $1 you earn, you will get $0.25C. Yeah you wouldn't be happy with that.
30% of 10M is better than 0% of 10M. If I had that money and they wanted to charge me 75% tax, I would rather pay a smart accountant 1M and get to keep 9M.
Class war ia called war for a reason.
He does not know that he is asking for a general strike.
But that is what he is asking for here.
This is an economy that lost billions in minutes because someone had access to a fake blue check-mark.
Humans like him are not to be feared.
Brave statement from a man who is only alive because the poors would rather not get arrested
“We need to remind people they work for the employer, not the other way around,”
Whelp I guess if you work for him in any capacity you should show Mr. DumbFuck who actually needs who to survive.
I have the urge to write a wall of text but I literally can’t. This shit is a no brainer, imagine being yet another know it all trust fund baby who gets their way by hurting people into manipulation.
Absolute power corrupts absolutely
Does he not know that they are selling their labour to him? He is the client that needs them, they don't need him. They can take their product elsewhere.
You dont get that rich by actually studying in school.
"We need to see unemployment rise," he argued. "Unemployment has to jump 40 to 50 percent, in my view.
this actually made me laugh and feel way better; he's just a complete fucking moron and around as cruel as average
We all thought @[email protected] is obviously a parody account that is too cartoonishly evil to be believable, but then we find out that this guy exists.
This guy makes a great point! My employees have been significantly more uppity since the unemployment rate has been down, but at least they don’t have a union, I’ve heard horror stories from some of the other business owners at the country club.
"aggrieved billionaire"... If any sane person had more than a billion dollars, I don't think it would be possible for them to be aggrieved. (barring a loss of a loved one.)
How the fuck are you that rich and able to get angry at anything, let alone complain.
Fucking psychopaths all of them.
He's just saying what the Bourgeoisie has been thinking and doing since the beginning of capitalism, nothing new to see here.
Janet Yellen wrote a memo in 1996 about this.
https://theintercept.com/2023/01/24/unemployment-inflation-janet-yellen/
The rich want workers to have weak bargaining power. It's class warfare, plain and simple.
Correct. This is why I have a problem with people (ironically, mostly poor) who call non-working people lazy. It's not laziness to insist on making somewhere near the value you produce. If a company makes $250,000/yr off an employee, it's unethical to nickel and dime then of making $30,000 to $40,000 or judge them for not working for $30,000.
I would say that he's an aristocrat complaining about the uppity bourgeois. Many of the tech worker he's talking about are upper middle class.
The modern usage of the term Bourgeoisie typically does not reference "the middle class" but "the owning class". The wealth distribution of capitalism has changed since the 1780s.
Remember, in France there was a time where being a successful business owner had a ceiling because you couldn't easily buy power with money, so you were "middle-class".
This the people that work for his company need to learn the definition of Secessio plebis and execute it.
Tim Gurner, Australian property developer.
Get fucked Tim
Somewhere out there is a conservative going "they worked hard for what they have and shouldn't be punished for their success."
As global demographics begin their decline the value of labour can only come up. Plus the more specialised the workers the more power they possess. This guy is a delusional moron who’s fighting inevitable changes. In order to get 40% unemployment they have to assume massive losses, and we know they do anything to prevent small losses, so threat is more empty than his brain.
Just read the article, and holy shit is this guy delusional. 50 percent unemployment would cause massive unrest, if not total collapse of many branches of the economy. The fact he wasn't laughed out of the room speaks volumes about these billionare circlejerk events.
Not to mention he seems to be confused as to why business owners don't already just layoff a ton of people to send some sort of message and put them in their place.
Hmmm... I wonder why that hasn't happened... its almost as if there was some reason business owners would actually need good workers... That can't be tho, must be something else... 🤔
It would cause a literal revolution.
If you read the article, he says a 40% increase in unemployment. That would like (for simple math) increasing the rate from 5% to 7%.
The current unemployment rate in the US is 3.8% and Aus it's 3.5%. So he wants them at 5.3% and 4.9%, respectively.
Sounds like someone’s previous policies led to a brain drain in their business and now he’s hoping other employers will blindly follow this rhetoric (and shoot themselves in the foot) so he can poach their employees for his company gain.
I’m fine with billionaires eating each other so we don’t have to.
CEO of what? Just say it.
Gurner Group
Whatever the fuck that is...
Someone needs to punch Dumbo in his gob.
We should seize all his shit
Property developer...
It's funny how the mind makes odd connections but for some reason William Burroughs's 'Words of Advice for Young People' springs to mind:
We don't like to hear the word "vampire" around here
We're trying to improve our public image
Build up a kindly, avuncular, benevolent image
"Interdependence" is the keyword, "enlightened interdependence"
Life in all its rich variety, take a little, leave a little
However, by the inexorable logistics of the vampiric process
They always take more than they leave...
Says the lazy and CLEARLY arrogant billionaire...
Billionaires need to touch grass
You mean buried six feet under it?
Sure. If you also bury grass with them
I’d prefer if they tried to touch the bottom of the sea in an OceanGate submersible.
Yeah, touch grass as their corpse falls into the grave.
Counterpoint, corporate bankruptcies have to jump to put arrogant Billionaire CEOs in their place.
There's always more work that needs doing, but there are only so many CEO positions out there. Hell, the gig economy has shown that the minimal number of people in a "company" is literally 1, so we don't even need CEOs at all. Seems to me that CEOs should be careful about throwing stones because their house is looking awfully glass-like.
Disgusting.
Fuckface.
/c/nottheonion
Give an idiot a microphone and such
it's stupid that you aren't even allowed to say like 'i wish a TOS violation would happen'
No I honestly wish it harm and ill health. If it's acting sub-human it's getting treated that way. ( :
Righto wish version of Nigel Thornberry, you keep attacking us poor arrogant workers and we'll keep prepping to eat the rich, which as you make us poorer and poorer and raise prices of everything, is starting to become less of a mantra and more of a survival tactic.
I would like mine served with a side of mashed potatoes and garnished with thyme, please.
Arrogant ? How.
We need to remind people that they work for the employer, not the other way around... There's been a systemic change where the employees feel that the employer is extremely lucky to have them, as opposed to the other way around."
Gurner then predicted that enacting massive layoffs would lead to "less arrogance in the employment market."
I'm a fairly unapologetic capitalist and think overall it's a pretty good model. But that might be the most staggering out of touch arrogant opinion I've ever read and that's REALLY saying something. Not everyone wants their own business (I sure don't). And businesses need employees to do their thing. It's a symbiotic relationship. How can he not see that?
Seems like you’re the one who is more out of touch to be honest…
Billionaires REALLY understand how things work. They have class consciousness. They know it’s us against them.
Lemmy is such a confusing place. People yell at you and downvote for expressing just about any opinion, any direction. Guess I'll go fuck myself then.
He's not wrong about that, but I think the root of the problem is with management. There's a problem with lazy and terrible management, not workers. At the company I work for, there are teams and teams of lazy good for nothing people everywhere. Most of them maybe do an hour or two of real work every week. When I talk to them, they are bored, aimless, and feel as though their work doesn't really matter. I strongly believe it's due to lack of leadership. Not management. Leadership. The department has no real goals. There are no projects solving real problems. Everything is just maintaining some janky tech debt or building some manual process because management likes their spreadsheets a certain way.
When there's a liquidation of management and a culling down to actual leaders, the workers will want to work. They'll find things to do because that's what people do in a good environment under a good leader.
The arrogance is primarily a management problem. There are too many in power that are at our above their level of incompetence. It's the Peter Principle on steroids.