Changetheview @ Changetheview @lemmy.world

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2 yr. ago

That’s a good point, but for Sweden, it is indeed 480 paid days. It’s a government calculation related to your income and there is a point (after 390 days) where it drops to the minimum payout, but it is still paid leave.

There are also government-mandated options in Sweden to receive a slightly lower pay in exchange for working fewer hours. I don’t have the exact details here, but it’s something like 75% pay for 75% hours.

Pretty incredible coverage for new parents in that specific country.

This article has a great summary for a lot of European countries’ parental leave laws. And yeah, quite a few are less than a year of paid leave:

https://www.eurodev.com/blog/maternity-leave-europe

Yes, one quarter of decreased profits. Sales for the same quarter are only down 20%.

Another article says “The company still expects full-year net sales in a range between 23.2 billion euros and 24.6 billion euros, sticking to its forecast.”

I understand that it’s sometimes necessary for companies to trim the fat. But with annual net sales still on track and the company making healthy profits for many quarters running, it sure sucks for those 14,000 people that one bad quarter is being used as the reason that they’ll no longer be able to pay their bills.

https://www.cnbc.com/amp/2023/10/19/nokia-to-cut-up-to-14000-jobs-after-profit-plunges-.html

Craziest part to me is how successful some right wing groups are at convincing the poor to follow along. Those that quite literally benefit the most from the social programs are willing to vote against their own interests to support the elites.

How mind boggling is it that rednecks are literally willing to overthrow their beloved country for a NY trust fund baby and reality TV star? Then he goes and helps the rich even more and they love him for it. He pisses all over “law and order” and the military. They don’t care. Just wild.

I know a lot of their feelings come from fringe topics like immigration/sexuality, but it’s still amazing considering the economic situation they’re facing. The lack of education and critical thinking is evident.

Absolutely. Money and corruption often go hand in hand, regardless of the ruling system.

The US has previously been a great example of how socialist policies can be implemented as part of a capitalist system. World-leading programs like public education, retirement security, and healthcare in old age; even environmental protection and workers’ rights fit in here. This was when politicians actually had turnover and things like Citizens United and Super PACs weren’t a thing.

But the US is now a great example of how infection can spread and destroy even the best laid systems, leaving us with an oligarchy of nearly unfettered capitalism with constant degradation of the socialist policies. Where the money from the wealthy flows directly into our governance. And it’s utterly toxic.

It’s time to shift the power back to the masses. It’s already been done under this structure. It just needs a 21st century kick in the ass to get it up to (1) stop reversing all the incredible progress made in the 20th century and (2) get a handle 21st century issues like global tax evasion, housing markets upended by investment schemes, wealth distributed entirely through shareholder value, etc. These problems are all solvable under the current system, it just takes lawmakers who give a flying fuck.

And that’s why a progressive tax system makes sense, unless you want wealth to become concentrated.

The US’s tax rate was once truly progressive, with top marginal rates well over 70%, even reaching over 90%. And guess what happened during that time. The middle class exploded and so did the economy overall.

Now the wealthiest pay a LOWER effective rate than most taxpayers. This is a regressive system, favoring the rich and creating more inequality. Allowing for increasing concentration of wealth and a devastation of the middle class.

Money making money does not have to result in the insane concentrations of wealth we see today. People can still get rich and be rich. But effective tax policy and regulations can be used to create a society that’s better for most.

It’s fucking disgusting. Little more than a manifestation of greed mixed with sociopathic and narcissistic behavior.

The worst part is that there are people who think these deserve that money. This is all on the backs of actual workers. And from a society that they aren’t paying their fair share of.

Should these three individuals be wealthy? Sure. Should they have ever been allowed to accumulate anywhere near this much personal wealth on the backs of literally millions of other people? Fuck no.

This money should have been forcefully spread around to those workers over the course of decades. And a good chunk back to the society that made it all possible.

Instead, these sycophants hoarded more than they could ever need or even want, while keeping wages far too low and paying very little (effective rate) in taxes.

Yeah, and I have no idea where you are, but this goes far beyond the suspect cities like San Francisco. Not only are many of these workers spread out in tons of cities across the US (and world), it will also hurt wherever their funds were flowing to and the supply chains associated with them. Travel, electronics, food/dining, home furnishings, hobbies of all sorts, etc.

Another big difference is that a lot of these are “new money” people. And I’m not using that in a derogatory sense. It just means that their spending is likely to be much higher than “old money” individuals hitting the same payday.

If you’ve always had $10 million, you don’t go out and start buying shit like crazy even if you make another $2 m. But if it’s your first $2 m, you’re likely to go spend A LOT of it.

And that’s real economic growth. It’s the opposite of trickle-down economics (which just causes more hoarding of wealth and slowing of money exchanging hands).

As much as I feel for the people hit hard right now, I think this is an economic indicator that‘s going to cause many downstream consequences if it continues.

On top of the downward trends by the tech titans, venture capital funding is plummeting. That’s because the VC investors can see that the likelihood of a big successful buyout is decreasing, mostly because the big fish are tightening their belts and facing higher borrowing costs (interest rates).

Many big companies have effectively outsourced R&D, waiting until a startup creates something worth buying instead. Then the VC employees either got a nice payout or employment with the big company (or both).

These often massive transactions were the source of serious economic growth. Those people had stability to spend in a way that many others wish. In the face of crappy outlooks and flat wages in tons of other fields, tech has long been the outlier making plenty of middle income people shoot up in wealth. And it did bring along others for the ride.

That growth drying up is not good for anyone. Well, unless you’re waiting on a market crash.

Very true. Even just writing (or rewriting) the regulations is full of ways to get whatever the executive branch wants.

“It’s a big club, and you ain’t in it.” George Carlin

I get what you’re saying, but there’s a lot more to separation of powers than this. You might be well aware of all this, but for those that aren’t, here’s a giant wall of text.

The executive branch’s powers are clearly defined and including acting as the head of the military, the head of foreign affairs, and the executor of the laws congress passes. It is quite restricted by congress in many ways. Of course, the executive branch has emergency powers and limited ways around the laws congress enacts, but that’s not the default and it is very much intended to be restricted by congress.

The executive branch also has room to make interpretations (create regulations) and to prioritize certain laws when they come into conflict.

This is what they’re doing here. They have weighed the laws (from congress) they are tasked with enforcing, which includes (a) specific immigration restrictions and (b) a variety of other ones that could impact their ability to execute the immigration restrictions (the “26” laws waived, including water and environmental protections). The DHS (an executive branch agency) has determined that (b) these 26 place an undue burden that prevents them from executing (a) the immigration restrictions, and is therefore temporarily waiving (b).

You can read the actual order here: https://public-inspection.federalregister.gov/2023-22176.pdf

Notice that it does not say it’s randomly waiving laws of its own accord without a law that it is executing. It is clearly referencing the statues (enacted by congress) that it is acting on. It is identifying that it is failing to execute some laws, but only so it can prioritize another one it has deemed more important for this specific action. It’s also become popular for the executive branch to use emergency decrees to act unilaterally, but these are supposed to be much more limited and a functioning judiciary/congress should hold the executive accountable when this happens.

What the executive branch is NOT doing here is very important too. It is NOT deciding it doesn’t want to do what congress says. Congress could rewrite the immigration law or any of the other 26 laws to change the way the executive branch executes them, if it feels the executive is implementing them wrong. And the judicial branch could easily weigh in on this if someone affected brings the case to them.

Under his watch, the financial industry has already experienced vast automation and productivity increases. The coding and connections between financial firms and banks has cut what used to take days into an automated process that takes fractions of seconds… Yet it’s the norm to still work extremely long hours.

It seems disingenuous that this person who has reaped the rewards of this productivity increase without passing the time savings down the chain actually believes shorter work week is likely.

Wise of you to seek out advice and plan this far ahead. I’ve moved many times and have learned a thing or two.

First, savings. Don’t minimize them. It’s always crucial to live within your means and have cash set aside. Everything costs more than you think. The move, the new place, the getting settled into a new place. Jobs may not work out. Bottom line, do whatever you can to have some savings and quickly replenish it if you have to dig in.

Second, housing and transportation. Usually the two biggest out of pocket costs. Moving to a new area means you don’t know exactly where you want to live or what commutes are tolerable and where is worth living. So find something you’re comfortable with, but don’t overspend or get too committed. I love being close to work so I don’t have a long commute and will take a much smaller place to do so. I also don’t like living with roommates, so I often cut back transit costs and other expenses to live alone. If you don’t mind living with others, you can save a lot of money. But do not be house or car poor. See the first point.

Third, furnishings and getting settled in. It will take time. Don’t put too much pressure on yourself to create a picture-perfect home or have a big groups of friends right away. These things take time, especially to be done well. Cover your household basics (a good mattress is a worthwhile investment) then keep an eye out for second hand goods to get things started. Try to expand your horizons and join local groups or clubs to make some friends with similar interests. If you notice red flags, pay attention to them. Sometimes nasty people cling onto newcomers and can cause you unnecessary stress/problems. Seek out worthwhile relationships and nurture them instead.

Moving to a new places is one of the most exciting and frightening things you can do. But as long as you avoid getting your bank account too close to zero and take your time while putting in effort to live like a local, it can be absolutely amazing. I’ve lived in different countries, met people from vastly different cultures, lived on entirely different cuisine, and simply had some of the most mind and soul-expanding adventures in new areas. I’ve also missed my home, my family, friends I left behind, things I gave up, and more. But the reality is that all the material stuff will come and go, the time with family and friends should be cherished but not limit your life, and at the end of the day, you are the one in charge of your destiny. It’s up to you and you alone to figure out where to live and what to do to discover happiness. Just make sure to give yourself a fighting chance. Don’t go broke. And avoid abusing anything. Moderation and variety.

I write too much. Good luck!

Today I learned. Good point, thanks. Wonder why they chose to highlight it over the others. Must have a good conversion rate comparatively.

Found this list of assets owned by Berkshire Hathaway to be more than I knew, especially at 100% ownership: https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway

They’ll also use the customer donations in their own marketing materials with carefully chosen wording.

“We put $X in the hands of X charity!” Sounds cute, until you realize why they don’t say they “donated $X” instead. It’s because it’s often not their money or donation.

I’d love to know how much they paid for it. Even part of the “message from warren” page too. Must have been a pretty penny. I bet a lot of pages would love to do static links in exchange for upfront fees similar to it.

The southwestern US is seeing a level of water scarcity that hasn’t existed alongside the current commercial and residential operations we have. These legal cases and rulings are going to have major impacts on both, and with so many rulings in favor of big business over the last four to five decades, it’s a scary thought for those living in these areas. And like this article mentions, it’s made exponentially worse by the vast legal costs involved. The small businesses and low-income rural communities are really going to need some help, no matter which way this turns.

It’s time for many to reevaluate their relationship with nature. This article mentions one farmer growing squash alongside of corn. Throw beans in there and you jump back to the idea of milpa, sometimes known as three sisters. These three crops grown in unison are a known indigenous technique that worked well. We need more thoughts, actions, and approaches like that.

Our days of taking scorched earth, pumping in all the water, fertilizer, pesticides, and other modifications are numbered, whether we like it or not. Earth is an amazing system that we have been going steadily against. It’s long overdue for us to change to get back in line with harmony.

It’s not easy. Neither was getting to where we are now. Something will be sacrificed. I hope it’s not people’s homes for the sake of multi-national corporations to produce in areas they shouldn’t be growing. But only time will tell.

Especially if you don’t give a flying fuck about using an established process or doing so legally

I’m sure you’re right about some people. They’re feeling abandoned and disgusted by what’s supposed to have their support and ideologies in mind, therefore not as active. That makes sense.

I know there are a lot of good/reasonable people who just want the government to play a smaller role in society and I think that’s a necessary part of any well-functioning system. And I agree with the sentiment in specific applications. Hopefully there is a way forward for those types to force a change for the better from the current GOP. Because it’s gone off the rails.