I’m pretty sure some or all of the Toys R Us employee pension was plundered in the reorg after private equity bought the company out in2018. I remember reading about it thinking it sort of made sense technically but it was pretty egregious on a human level. This post is too true. Similar to the old Stalin gem about how killing one is a tragedy but a million is a statistic. If you’re gonna do something bad do it BIG.
I mean, it does depend on whether you count white-collar crime Bernie Madoff and Sam Bankman-Fried style as theft (the statistic provided does not).
If you did, it would dwarf the wage theft, but it would also put what usually gets prosecuted as “theft” into jaw-dropping perspective, making it look like the drop in the ocean, it is.
I like the sign; but anarchy is for dumb edgelords who don’t have any imagination, understanding of how humans behave, or understanding of what humans need.
I’m a leftist but I agree. Anarchy is unstable and will eventually turn to dictatorship, democracy or neofeudalism as people will always want someone or something to lead them.
Some years ago, employees sued Amazon because the company had a lengthy security scan when people left, to prevent theft. Apparently it could take half an hour to go through, and they argued that this was unpaid overtime.
They lost, which seems like bullshit: as far as I can tell, the sane way to look at it is, if you’re obligated to do what the company tells you and go where the company says, then you’re on the job and should be paid for it. Once you’re out the door, you can choose whether you want to go home or go to a bar or just sit on the sidewalk; you’re not on the clock and you’re not getting paid.
If the company wants you to work 8 hours in the warehouse, then spend half an hour in the security scan, then you’re doing company business for 8.5 hours.
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