Justice for Sepulveda MartinezMay 30
@[email protected] has moved

Although he subsequently apologised for the phrasing, Bill Winters (CEO, Standard Chartered), has introduced the phrase 'lower-value human capital' in to public discourse....

If you ever wanted an example of the contempt that our executive business class have for ordinary workers, this would be it... in just four words, Winters summed up the way the top table in most firms seem to see their workforce.

The inhumanity of the capitalist class is not new, but increasingly brazen!

#workers
h/t FT

May 30 at 6:53amWeb
Show threadJna🌿🌿🌿🍞🌹🌹May 30
@ChrisMayLA6 An Inspecter Calls will never become dated, I fear!
Show threadAlex P Roe May 30
@ChrisMayLA6 Can’t wait for the day when these geniuses realise just why there’s no one left to consume their wares stroke services!
Show threadWiseGreyOwl 🌍 🦉May 30
@ChrisMayLA6 They already did it by inference: wealth management, high net worth clients, etc. It's not just CEO's & executives though. You'll discover it under the covers in the political classes, landowners, celebrities, and so on. Class isn't dead, it never has been, just different people become the elite ... and want to stay there.
Show threadBob TregilusMay 30
@ChrisMayLA6 Absolutely. And it is far worse among the billionaire class.
Show threadchrisgerhardMay 30
@ChrisMayLA6 this all started with "Human Resources". Not people, resources, to be exploited.
Show thread@[email protected] has movedMay 30

@chrisgerhard

yes, when we stopped calling it personnel we were onto a losing streak

Show threadOleastreMay 30

@ChrisMayLA6 @chrisgerhard Where I work, the human resources department was renamed human capital 3 years ago.

It is a hospital.

Show threadDavid SMay 30
@chrisgerhard @ChrisMayLA6
Show thread@[email protected] has movedMay 30

@Pionir @chrisgerhard

Oddly enough the first time I'd thought about Soylent Green for ages (which I saw when it was on cinema release decades ago) was during Apple TV's Pluribus, for obvious reasons (to avoid an immediate plot spoiler).... a great, now little seen film.

Show threadDJHVIIMay 30
@ChrisMayLA6 It´s like airlines and their "Selfloading baggage ".
Show threadRikke AndersenMay 30
@ChrisMayLA6 We the LVHM should walk out and go on strike, wonder how much money they would make then!
Show threadkcpMay 30

@ChrisMayLA6 called out one of the managers at work this week for calling for people to work out of hours on a customer change.

Referred to us all as "Resources" which we all took offence to

Show threadHollieKMay 30
@kcpoole @ChrisMayLA6 I've seen new employees referred to as additional "head count".
Show threadkcpMay 31
@HollieK72 @ChrisMayLA6 yep and it's a disgusting way to referr to people.
Show threadKim Possible May 30
@ChrisMayLA6 unbelievable. The world would collapse without these workers, something the ultrawealthy are going to find out.
Show threadTim SticklandMay 30
@ChrisMayLA6
Didn't us "lower-value human capital" bail out the banks a while back ?
Show threadwy knottMay 30
@ChrisMayLA6 What's weird to me is that as an engineer - the guy actually doing the work - I always saw the C-suite as the lower-value (and most expensive) workers in a corporation. They don't do shit that's worth a damn, and they vacuum up the majority of the profits. Show me a company with vice-presidents, and I'll show you a bunch of deadweight you can cut with 0 impact on performance.
Show thread@[email protected] has movedMay 30

@wyatt_h_knott

Agreed... but of course not a popular view with the managers who think the staff are (essentially) stupid, unlike the managers who are highly skilled & deserving of bonuses

Show threadKaren E. Lund 💙💛May 30

@ChrisMayLA6 The first time I read those words, I immediately thought of the Spirit, late in A Christmas Carol, that tells Scrooge "It may be, that in the sight of Heaven, you are more worthless and less fit to live than millions like this poor man’s child."

It may be that in the sight of Heaven CEOs are more worthless and less fit to live than millions of lower-value human capital.

#CEOs #OctopiWallStreet #Dickens

Show threadNow @[email protected]May 30
@ChrisMayLA6 or, in other words, " the people who create most of the value in our companies, but who we can get away with paying the least."
Show threadMarcus The Board GamerMay 31
@ChrisMayLA6 I believe the French solved the problem of the elite in the 18th century.