Sorry to these two reporters, but this article is clearly something they were given a specific direction to write.
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@707Kat Doesn’t a lot of Germany work this way? Workers councils?
@glennf @707Kat Yes. Doesn't necessarily help their US branches, though. VW in 2014 approved of unionization in Tennessee, but can't have that: https://en.wikipedia.org/wiki/Volkswagen_and_unions#Chattanooga,_Tennessee
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Millionaires always threaten to leave because of taxes. They rarely do. Companies often threaten too. Some move! But it is often bad for them. Millionaires leaving, because of a change in regressive taxation in place, likely frees up resources for the rest of us.
@glennf You might know this already, but KUOW’s “Booming” had an informative episode showing that millionaire flight is a nothing burger. https://overcast.fm/+ABGMZbyCBBI
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@glennf You might know this already, but KUOW’s “Booming” had an informative episode showing that millionaire flight is a nothing burger. https://overcast.fm/+ABGMZbyCBBI
@pgor I hadn’t listened, but have read a lot about that. Will need to put in my queue!
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Sorry to these two reporters, but this article is clearly something they were given a specific direction to write. You can tell because the body of the story keeps having asides that contradict the entire thesis: answer to headline is NO https://www.nytimes.com/2026/05/17/us/politics/seattle-mayor-tax-the-rich-starbucks.html?unlocked_article_code=1.jFA.kD-q.Gb7pC_8u5Zj8&smid=nytcore-ios-share cc @rottenindenmark
@glennf I enjoyed hearing what financial social media person, Ramit Sethi had to say on this. I am paraphrasing.....What's the point of being rich if you do not live where you want to live because of some extremist belief about taxes.
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@glennf @707Kat Yes. Doesn't necessarily help their US branches, though. VW in 2014 approved of unionization in Tennessee, but can't have that: https://en.wikipedia.org/wiki/Volkswagen_and_unions#Chattanooga,_Tennessee
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Companies hate unions because they reduce arbitrary actions and executive pay. Many claim unions prevent agility. That is because by approaching unionization with a scorched-earth policy of lies and contempt, companies can’t engage in a mutually beneficial process that would result in less turnover, greater productivity, and less absenteeism.
@glennf agility is mba speak for “blood”
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Companies hate unions because they reduce arbitrary actions and executive pay. Many claim unions prevent agility. That is because by approaching unionization with a scorched-earth policy of lies and contempt, companies can’t engage in a mutually beneficial process that would result in less turnover, greater productivity, and less absenteeism.
@glennf How capitalists are approaching labor in the modern era:
"Having to hire human workers who might have pesky demands for more pay, better hours, or better working conditions is but a nuisance to them. They want to streamline their businesses by - ideally - not needing to hire humans at all. They are being sold a dream of a 100% agent operated business where they purchase tokens instead of labor hours, and at a fraction of the cost. After all, agents won’t ever try to unionize. They don’t need weekends off. They don’t get sick or fall pregnant. They can’t strike. They won’t fight back."
#AI
https://www.dialecticsofdecline.com/p/ai-is-destroying-the-career-i-once -
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