● "70-Hour Workweeks and Peanuts" - It's Not Just "How Markets Work" Claiming that grueling work hours and low wages are intrinsic to free markets oversimplifies a complex issue. Capitalism should mean fair exchange, not exploitation.
● "Founders' Fortunes vs. Employee Pennies" - Rethinking Entrepreneurial Rewards
Rewarding risk is valid, but amassing vast fortunes by underpaying employees raises ethical questions. Capitalism should be about equitable rewards, not just personal gain.
●"Don't Blame, Analyze the System" - Seeking Systemic Improvement
Critiquing capitalism isn't a personal attack; it's about refining the system. Understanding its flaws allows us to make it fairer for everyone.
●"Critique, Don't Opt Out" - Working Towards a Better Capitalism
Suggesting one should avoid capitalism if they criticize it oversimplifies the issue. Critique is a call for reform, not rejection. It's about making capitalism more equitable, not abandoning it.
No offense to the author, but the excessive toxicity that some folks spread across social media, be it on Twitter or LinkedIn, with others blindly hopping on board, really highlights how we sometimes let our critical thinking slide.
"If you don't like capitalism, don't play it"
Jaise bahot options diye jaate h?
Jo Dusra option tha that has also failed in other countries. You can choose not to participate in the rat race, but then you shouldn’t be asking for the value/benefits capitalism has created either.
Solution is not so difficult. Find a way to make enough so that you get to make that choice whether to work 70 hours or not. Be it with your brains, skill, hustle, charm, body, whatever. If you don’t want you find that solution, stop blaming externalities for your condition.
Okay agree. But then allow capitalism like US does.
Ask Murthy to be okay with moonlighting. I will gladly work 90hrs. Multiple jobs are allowed in the US while questioned and rejected by employers in India
Stop cartelisation of salaries. Stop asking for my previous payslips while joining. Else make your pay transparent. Can't see functioning capitalism with that information asymmetry.
Remove stupid notice periods on both sides. KT and handover is not employee's responsibility, but enterprise.
I could go on with Unions, overpay, access to finance, conflicts of interest, cronyism etc. But if we had capitalism like the US, Infosys attrition would jump to 40% from current 15% and bespoke IT consulting firms would eat Infosys before breakfast.
Also, Murthy is complaining because of wage rises in Indian IT, lack of contracts in US due to slowdown, increased competition from Eastern European IT up starts. That grumpy old man isn't a champion of capitalism himself.
Absolutely well written. It's very true that people at the top do work that much.
But to expect that from everyone is just unjust. A lot of us aren't narcissistic, money hungry, workaholics who will sacrifice everything for the sake of work.
It does not mean we don't care about our work, we're passionate too.
Just that we prefer balance!
Thanks for taking the time to read, and it's reassuring to know that people with your perspective are out there.
Aviral wishes he went viral.
He's such a try hard now. In the quora days he used to be pretty good. His ajvc also used to be pretty good. Now it's all low quality articles. He has turned into this one-liner-gyan chodu influencer.
That’s harsh. Haha
Me quietly taking notes on which places to avoid interviewing - thanks to all the loudmouth morons exposing themselves
😄😄
work incredibly hard and stay determined in the pursuit of your goals.
So much that not even the devil will be happy to see you wake up each day.
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Hi Grapeviners,
Question for those at higher level (SM+)
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