2,741 karma · joined January 17, 2014
MacRumors reveals that Cook last week donated 10,715 shares to an undisclosed charity. As of the date of the transaction, August 20, 2020 that would put their value at a little over $5M. The gain in value since then means that the shares were worth almost $5.4M as of yesterday’s close.
Cook revealed in 2015 that he plans to give away all of his wealth during his lifetime.
Cook says that he has already begun donating money quietly, but that he plans to take time to develop a systematic approach to philanthropy rather than simply writing checks.
He regularly donates AAPL shares to undisclosed charities.
I also avoid laundromats and do laundry at home and it doesn't feel soulless.
Pay packages are not a change to the wording of an employment contract. What I'm talking about is a change to the contract that would have legal implications. You failed to give an example of an employee that has succeeded in doing that with a large employer.
Your example of highly in demand software engineers does not apply to the average worker - the topic is Amazon warehouse employees forming a union.
Your example of a CEO does not apply to the hundreds of millions of average workers.
In the free market labor can organize to get paid according to their collective value.
To get more pay think about being as organized and as powerful as management and the legal team of the company you are negotiating with. Always be thinking about that.
You avoided the question about why businesses were fine using child labor before the laws. Your claim seems to be that businesses are nice and negotiate fairly. Why is the special legal protection needed if businesses are nice?
You also failed to explain how you as an individual would negotiate a better healthcare package with Amazon than what is offered now.
> And yet Starbucks and Amazon have had generous health care benefits without unions.
Allow me to repeat: unions negotiated that in the 1950s and now everyone benefits. Without what already happened in the 1950s you can't claim those benefits would somehow magically appear.
And Amazon and Starbucks don't exactly have "generous" healthcare benefits. They have average benefits compared to other US companies. And that aren't nearly as good as what folks in the EU get.
So that's the missing piece I was looking for. I think you'll find something similar in Italy.
The big difference in the US is that Americans have never elected a truly labor friendly government. These laws in the EU are not just the result of strong unions. You need government to be on board too and that requires the voters.
And unions tend to not drive companies out of business because then there is no need for the union anymore and no paychecks to take union fees from.
The massive wealth gaps in the US tell the actual story. Corporations have a huge influence over US law and the laws mostly benefit the corporations over individuals or unions. That's one of the dangers of massive wealth. You can just buy the government. Which has already happened in the US.
Right to work could be good under the right conditions. Which the EU already largely has. In fact many EU countries have far stronger labor laws than the EU laws themselves. That's the context within which right to work starts to make sense.
EU legislation establishes individual rights for all workers, with a maximum working week of 48 hours, paid annual leave of at least four weeks per year, rest periods and rules on night work, shift work and patterns of work.
Who needs unions with great labor laws already in place? Of course the right in the US want none of that.
A lot of EU law already in place is a wish list for US employees who join a union.
At which companies? Amazon? Google? Target? UPS?
It's the massive employers with huge legal teams where you need a union so you can fairly negotiate with their massive legal team. The subject that started this is unions at Amazon. Not negotiating with your local restaurant about how much they will pay you to wait on tables.
What was the nature of the change? Did you get additional healthcare benefits? The kinds of things that unions negotiate about? Or was it something trivial? The details matter.
If workers can effectively negotiate as individuals then why have wealth gaps skyrocketed in the USA as unions have weakened? The lowest wealth gaps in US history were when unions were the strongest. Wealth gaps in Germany are much lower and unions are much stronger. All evidence points to you being wrong about individuals being good negotiators at getting a bigger share of the pie. And it's just common sense. The idea that most of us are qualified to go up against a big and highly trained legal team is laughable.
Please explain how you would negotiate as an individual to get better healthcare benefits from Amazon when the benefits are provided as the same exact package to all employees. You can't. It never happens. Give even one example of an employee at a large company that has an individualized healthcare benefits package.
> Children are not freely consenting adults, which is why they get special legal protection. That's irrelevant to what we're discussing here.
And yet many businesses used child labor. These are the business you are claiming negotiate in good faith and fairly.
What kind of long term employment contract do you have with your doctor, dentist, department store, or car dealer?
You seem to have lost focus on the topic.
The technology is improving so rapidly you can't use stats from last year.
You may have gotten contract wording changed with a small company, but the Amazons of the world will not do that. And these are exactly the companies where labor needs unions so they can collectively bargain against a powerful and organized management and legal team. You simply don't have the resources as an individual.
Being polite is always a good strategy but being nice would mean working for free. That would be very nice. Is that your approach?
It's also not nice to take your employer to court. What happened to your be nice strategy there? Why did you threaten with legal action? It sounds like you can't even follow your own advice.
That's also a reductive view of unions. The 40 hour work week, weekends off, healthcare, and banning child labor wouldn't have resulted from your characterization.
What tactics do businesses use? Can you name any that you are against?
With a highly trained management team and an HR department that is the friendly face to a highly trained legal department.
You're either naive or full of hubris to think you're actually ending up with a win-win situation. Try getting the wording of a contract changed for example. Try proposing using your contract instead of theirs. Any contract you sign is in the company's favor to the full extent allowed by local law.
The only thing that has ever changed that is labor negotiating as a team and with their own highly trained legal team.
The reason you think things are win-win is because you've never had to go to court up against the contracts you've signed.
> They offer nothing in return.
They offer their labor in return. That's extremely valuable.
Pumping money into education about the pros and cons of recreational drug use would likely do a lot to reduce abuse and addiction. However only talking about the harms was already tried and was a failure. Most kids will at least try alcohol or marijuana or vaping nicotine and if you've already lied by omission about the pros they won't trust you anymore. But if you can manage to educate in an unbiased and scientific way that would likely lead to fewer lives damaged. Worth a try at least.