#corporations

[houseofbrat]

Boeing Killed A Guy!

[link]

[thymewayster]

Really good Twitter thread originally about Elon Musk and Twitter, but also applies to Netflix and a lot of other corporations.

Full thread. Text transcription under cut.

John Bull @garius

One of the things I occasionally get paid to do by companies/execs is to tell them why everything seemed to SUDDENLY go wrong, and subs/readers dropped like a stone. So, with everything going on at Twitter rn, time for a thread about the Trust Thermocline /1

So: what's a thermocline?

Well large bodies of water are made of layers of differing temperatures. Like a layer cake. The top bit is where all the the waves happen and has a gradually decreasing temperature. Then SUDDENLY there's a point where it gets super-cold.

That suddenly is important. There's reasons for it (Science!) but it's just a good metaphor. Indeed you may also be interested in the "Thermocline of Truth" which a project management term for how things on a RAG board all suddenly go from amber to red.

But I digress. The Trust Thermocline is something that, over (many) years of digital, I have seen both digital and regular content publishers hit time and time again. Despite warnings (at least when I've worked there). And it has a similar effect. You have lots of users then suddenly... nope. And this does effect print publications as much as trendy digital media companies. They'll be flying along making loads of money, with lots of users/readers, rolling out new products that get bought. Or events. Or Sub-brands.

And then SUDDENLY those people just abandon them. Often it's not even to "new" competitor products, but stuff they thought were already not a threat. Nor is there lots of obvious dissatisfaction reported from sales and marketing (other than general grumbling). Nor is it a general drift away, it's just a sudden big slide. So why does this happen? As I explain to these people and places, it's because they breached the Trust Thermocline.

I ask them if they'd been increasing prices. Changed service offerings. Modified the product.

The answer is normally: "yes, but not much. And everyone still paid" Then I ask if they did that the year before. Did they increase prices last year? Change the offering? Modify the product?

Again: "yes, but not much."

The answer is normally: "yes, but not much. And everyone still paid." "And the year before?"

"Yes but not much. And everyone still paid."

Well, you get the idea. And here is where the Trust Thermocline kicks in. Because too many people see service use as always following an arc. They think that as long as usage is ticking up, they can do what they like to cost and product.

And (critically) that they can just react when the curve flattens But with a lot of CONTENT products (inc social media) that's not actually how it works. Because it doesn't account for sunk-cost lock-in.

Users and readers will stick to what they know, and use, well beyond the point where they START to lose trust in it. And you won't see that. But they'll only MOVE when they hit the Trust Thermocline. The point where their lack of trust in the product to meet their needs, and the emotional investment they'd made in it, have finally been outweighed by the physical and emotional effort required to abandon it. At this point, I normally get asked something like:

"So if we undo the last few changes and drop the price, we get them back?"

And then I have to break the news that nope: that's not how it works.

Because you're past the Thermocline now. You can't make them trust you again.

[f-identity]

[Image description: A series of posts from Jason Lefkowitz @jalefkowit@octodon.social dated Dec 08, 2022, 04:33, reading:

It's good that our finest minds have focused on automating writing and making art, two things human beings do simply because it brings them joy. Meanwhile tens of thousands of people risk their lives every day breaking down ships, a task that nobody is in a particular hurry to automate because those lives are considered cheap https://www.dw.com/en/shipbreaking-recycling-a-ship-is-always-dangerous/a-18155491 (Headline: 'Recycling a ship is always dangerous.' on Deutsche Welle) A world where computers write and make art while human beings break their backs cleaning up toxic messes is the exact opposite of the world I thought I was signing up for when I got into programming

/end image description]

[robertreich]

Who’s to Blame for Out-Of-Control Corporate Power?    

One man is especially to blame for why corporate power is out of control. And I knew him! He was my professor, then my boss. His name… Robert Bork.

Robert Bork was a notorious conservative who believed the only legitimate purpose of antitrust — that is, anti-monopoly — law is to lower prices for consumers, no matter how big corporations get. His philosophy came to dominate the federal courts and conservative economics.

I met him in 1971, when I took his antitrust class at Yale Law School. He was a large, imposing man, with a red beard and a perpetual scowl. He seemed impatient and bored with me and my classmates, who included Bill Clinton and Hillary Rodham, as we challenged him repeatedly on his antitrust views.

We argued with Bork that ever-expanding corporations had too much power. Not only could they undercut rivals with lower prices and suppress wages, but they were using their spoils to influence our politics with campaign contributions. Wasn’t this cause for greater antitrust enforcement?

He had a retort for everything. Undercutting rival businesses with lower prices was a good thing because consumers like lower prices. Suppressing wages didn’t matter because employees are always free to find better jobs. He argued that courts could not possibly measure political power, so why should that matter?

Even in my mid-20s, I knew this was hogwash.

But Bork’s ideology began to spread. A few years after I took his class, he wrote a book called The Antitrust Paradox summarizing his ideas. The book heavily influenced Ronald Reagan and later helped form a basic tenet of Reaganomics — the bogus theory that says government should get out of the way and allow corporations to do as they please, including growing as big and powerful as they want.

Despite our law school sparring, Bork later gave me a job in the Department of Justice when he was solicitor general for Gerald Ford. Even though we didn’t agree on much, I enjoyed his wry sense of humor. I respected his intellect. Hell, I even came to like him.

Once President Reagan appointed Bork as an appeals court judge, his rulings further dismantled antitrust. And while his later Supreme Court nomination failed, his influence over the courts continued to grow.  

Bork’s legacy is the enormous corporate power we see today, whether it’s Ticketmaster and Live Nation consolidating control over live performances, Kroger and Albertsons dominating the grocery market, or Amazon, Google, and Meta taking over the tech world.

It’s not just these high-profile companies either: in most industries, a handful of companies now control more of their markets than they did twenty years ago.

This corporate concentration costs the typical American household an estimated extra $5,000 per year. Companies have been able to jack up prices without losing customers to competitors because there is often no meaningful competition.

And huge corporations also have the power to suppress wages because workers have fewer employers from whom to get better jobs.

And how can we forget the massive flow of money these corporate giants are funneling into politics, rigging our democracy in their favor?

But the tide is beginning to turn under the Biden Administration. The Justice Department and Federal Trade Commission are fighting the monopolization of America in court, and proposing new merger guidelines to protect consumers, workers, and society.

It’s the implementation of the view that I and my law school classmates argued for back in the 1970s — one that sees corporate concentration as a problem that outweighs any theoretical benefits Bork claimed might exist.

Robert Bork would likely regard the Biden administration’s antitrust efforts with the same disdain he had for my arguments in his class all those years ago. But instead of a few outspoken law students, Bork’s philosophy is now being challenged by the full force of the federal government.

The public is waking up to the outsized power corporations wield over our economy and democracy. It’s about time.

[vegannerdgirl]

[oldshowbiz]

The Koch Brothers' decades long-game strategy to plummet America into under-funded chaos while they maximize their wealth has been remarkably successful.

Their father Fred Koch co-founded the John Birch Society. Charles Koch himself ran a John Birch Society bookstore in Wichita until he inherited his father's wealth. Their family's extremist philosophy has remained consistent for over sixty years.

[lilithism1848]

[k-eke]

Corporations next month

[politijohn]

Source

A reminder from 2 yrs ago

Find their tax evading asses

[zee-rambles]

Almost all of my favorite shows (Rise, Dark Crystal, Inside Job, Infinity Train) were cancelled…BY NETWORKS! Not by writers! Heck! The writers WANTED TO KEEP GOING! To keep making their characters, their art, and their stories told.

Writers are not the problem. Artists are not the problem. They almost never are! Corporations are the problem. Execs are the problem. So many great shows get sabotaged by their own studio (I.E. Rise of the TMNT) and then the studio turns around and acts as though it was the lack of fan engagement. It’s why I tend to watch shows that were made years in the past. They created the problem and now they’re scapegoating writers.

If studios gave up on every show that had a lackluster first season that didn’t pull in the numbers…we wouldn’t have had classics like the Office, OR Parks and Recreation, OR Brooklyn 99. It took a while for those shows to get good.

Writers WANT to create! It’s the studios/corporations that are the problem. It’s A.I. art that is the problem!

Reward writers! Reward artists! Support them! Not the big company’s that don’t respect them!

And don’t ever give up the fight for what you want!

[queerism1969]

[asm5129]

Holy shit. I genuinely did not think this would happen.

It’s worth noting that this does not mean the end of everything RT was making, WBD had been hoping to sell all of RT it seems but they’ve decided to just sell the shows themselves. RWBY can still continue, for example.

BUT. That doesn’t change the reality that so many people just lost their jobs, and that this is a seismic development. RT was a pioneer of online creation, much of the creator economy likely wouldn’t exist as it does without them. Rooster Teeth, for all its many many faults in recent years, was important. Mismanagement sadly robbed it of this but it had weight for creators, especially as a space that still made original and bold things in this over-saturated, brand obsessed, risk-averse media landscape.

The jobs lost, the creators hurt and the value RT had—and maybe could have had again— being scrapped are all causes for significant mourning.

I’ll talk about RWBY as news comes out, or if I see a bunch of RWBYdoomers telling everyone to give up again, but for now let’s just hold space for these losses.

[robertreich]

It’s Time to Roast Starbucks For Union Busting

Starbucks should be getting publicly roasted for union busting and refusing to even negotiate with unionized workers.

You see, if there’s one thing I love more than coffee, it’s unions. Because unions perk up pay.

And if there’s one thing I hate more than corporations who try to bust unions, it’s having to make my own coffee every morning.

I may be known for a lot of things, but making a good cup of coffee isn’t one of them.

I was thrilled to hear about workers in Starbucks’ stores across the country exercising their right to unionize.

A cup of solidarity brewed by a unionized barista? What could be better than that?

Definitely not me being my own barista.

Starbucks is a multibillion dollar company. Its new CEO will start with a pay package estimated to be worth over $28 million dollars. That’s roughly 800x the pay of the workers who actually brew and serve the coffee the business is built on — and who barely earn a living wage.                                            

That’s why those workers have begun to unionize.

Since December 2021, Starbucks Workers United has won union elections in more than 300 Starbucks stores, covering more than 8,000 workers and counting.

And most of the union campaigns in individual stores won by overwhelming margins, gaining more than 70% of the total votes — and in parts of the country where private sector unions rarely win.

The Starbucks union campaign has inspired young workers across the country and breathed life into a U.S. labor movement that has been stagnant for decades.

It’s been so successful that Starbucks briefly brought its former CEO, billionaire Howard Schultz, out of retirement to bust the union, and still refuses to even sit down at the bargaining table.

That’s why I’ve been boycotting Starbucks.

As part of its campaign to tamp down further unionization, Starbucks corporate has fired scores of pro-union workers, closed stores that have unionized, threatened to withhold wage and benefit improvements from stores considering unionizing, and packed stores with outside managers to undermine organizing efforts.

The National Labor Relations Board, which oversees all union elections in the U.S., has issued more than 93 complaints covering 328 unfair labor practice charges against Starbucks — and ordered reinstatement of at least 23 fired workers so far.

Yet Starbucks is unwilling to change its anti-union ways — even though Schultz was grilled in front of Congress 

Starbucks claims to be a “progressive” company.

But based on the way it’s broken labor law and put unionized workers in the percolator, that couldn’t be further from the truth.

Now is an opportunity for all of us to make our voices heard and to tell Starbucks to stop UNION BUSTING and bargain in good faith with Starbucks Workers United.

And it’s time for Joe Biden, who calls himself the “most pro-union president in American history,” to send a powerful message: we won’t tolerate union-busting by Starbucks or any other corporation — including Elon Musk’s Tesla and Jeff Bezos’s Amazon.

Otherwise, my boycott will continue — and perhaps you’ll consider joining me.  

If we want to brew a future where workers have power and dignity, then we need to show solidarity with unions…

And stand up to corporate bullying.

[itsbansheebitch]

lmao I got a "HP is having a 54% sale on ALL computers" email. I think the boycott's working lol