agreed. this level of f-u to the whims of wealthy individuals and their entrenched corporations is unheard of.
i work for a smaller cable company and it has been getting very deep lately.
sad thing is management doesn't seem to get that the grunts don't care. we never profit from the monopolies. every year we get some bs excuse why we won't be getting a raise this year even though reading the quarterly earnings and know what were spending on upgrades and know there is a lot left over that goes somewhere.
knowing how high the margins are in the industry, how little they pay, how lean things are already run its going to get bad.
if competition is somehow injected into the market and they are happy with a fraction of what the incumbents are currently enjoying would be devastating. there is very little left to cut at the bottom, and those at the top can't possibly be expected to not get their rockstar paydays.
what also could happen is the exodus of employees from existing cable companies to the new ones that would sprout up. even though the grass isn't always greener somewhere else, it won't stop those from finally having a choice.
don't get me wrong. I have zero problem with someone making a 100 million a year, but only when that comes after everyone from push broom and toilet brush to company car and private jet are all paid the highest for their position for a company that size. unfortunately almost everywhere you can go that isn't the case.
I've heard a lot of discussion how making ISPs a utility would just entrench the monopolies even further... what od you think?
> I have zero problem with someone making a 100 million a year
Maybe you should have a problem with it.
I get what you're saying, that there may not be anything immoral about being extravagantly compensated, and in principle I agree with that. However, there is also something to be said for the overwhelming amount of political power that such wealth brings.
It may be that we want to avoid such concentrations of wealth not out of a sense of fairness, but to keep people from hijacking our democracy.
i work for a smaller cable company and it has been getting very deep lately.
sad thing is management doesn't seem to get that the grunts don't care. we never profit from the monopolies. every year we get some bs excuse why we won't be getting a raise this year even though reading the quarterly earnings and know what were spending on upgrades and know there is a lot left over that goes somewhere.
knowing how high the margins are in the industry, how little they pay, how lean things are already run its going to get bad.
if competition is somehow injected into the market and they are happy with a fraction of what the incumbents are currently enjoying would be devastating. there is very little left to cut at the bottom, and those at the top can't possibly be expected to not get their rockstar paydays.
what also could happen is the exodus of employees from existing cable companies to the new ones that would sprout up. even though the grass isn't always greener somewhere else, it won't stop those from finally having a choice.
don't get me wrong. I have zero problem with someone making a 100 million a year, but only when that comes after everyone from push broom and toilet brush to company car and private jet are all paid the highest for their position for a company that size. unfortunately almost everywhere you can go that isn't the case.
I've heard a lot of discussion how making ISPs a utility would just entrench the monopolies even further... what od you think?