michaelmelanson

joined 1 year ago
[–] michaelmelanson@lemmy.ca 3 points 1 year ago

Yeah my mistake. Thanks for the correction.

[–] michaelmelanson@lemmy.ca 3 points 1 year ago

Ah yeah I had it wrong. Thanks for the correction.

[–] michaelmelanson@lemmy.ca -4 points 1 year ago (8 children)

This is a good enough reason to fork a project and establish a new community with new norms.

[–] michaelmelanson@lemmy.ca 1 points 1 year ago

Management is certainly a kind of labour and even a valuable one. A good manager can ensure the efficient operation of a whole organization, and a bad one can waste the efforts of whole teams and sink entire departments. No one is arguing managers and executives shouldn’t be justly compensated for their labour.

The problem comes when the compensation becomes detached from the labour. When a business produces a surplus and instead of that surplus going to the workers who produced the surplus, it goes to the investors.

Often these investors perhaps put some money into the business many years or even generations earlier, and yet are still entitled to receive cheques every quarter despite not having any role to play in producing that quarter’s surplus. How is that just?

[–] michaelmelanson@lemmy.ca 12 points 1 year ago

K-Pop is best listened to in the original Klingon.

[–] michaelmelanson@lemmy.ca 3 points 1 year ago* (last edited 1 year ago)

They have the Canadian Mortgage and Housing Corporation (CMHC), the same people who currently provide mortgage insurance. In their original 1945 mandate, they were responsible for building housing for returning war veterans, as well as loans to purchase them. It was only later, in the 1980s, that the building part was dropped and they took up their current role.

So the federal government has the option of returning the CMHC to its original mandate.