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Comment by lovich | Hacker News Reader

> I also object to the constant claims of conspiracy among capital holders. Capital holders are also in extremely fierce competition with each other, and they are in turn beholden to consumers / buyers, etc.

Cause we’ve never seen capital holders collude to keep wages down. Certainly never in the technology industry. It’s just pure competition as nature intended.[1]

[1] https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...

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Of course we see all kinds of illegal, anti-competitive, anti-consumer actions and collusions, etc. We also see all kinds of horrible actions from wage earners, consumers, the government, etc. What is your point?

I'm clearly talking about an attitude that basically all capital owners are in secret cahoots with each other to destroy their sworn enemy: workers. Aka, the class war they don't want you to believe is happening.

It's all nonsense.

They were literally in cahoots to keep wages down, you can’t hand wave it away as nonsense when it’s factually occurred.

You do have bad actors amongst labor but everytime labor tries to coordinate together the union crushing apparatus comes out so you don’t tend to see as much coordinated bad activity.

And with AI we’re not seeing companies chomping at the bit to make all their employees more productive left and right, we’re seeing them chomping at the bit to see how many employees they can cut

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