Remember in the past when I wrote how the idea that capitalists deserve profits because they’re taking on the “Risk”, is nonsense? Well,in another installment of ‘Why “Anarcho”-Capitalist apologia is always bullshit”, here’s the Google developers for the Stadia game studio being laid off, a year into their contract.
This is one of the biggest and most well known IT companies in the world, hiring people for something that typically takes 3-5 years. Imagine for a bit how “safe” the bet they were making was when deciding whether to take this job. Some people had to relocate state, if not countries to take this job. Which means massive expenses and huge opening for disaster if they are left without job.
But this risk the workers take, is not actually compensated like the capitalist’s is. It’s reversed!
The developers who put their neck on the line for this job, are not going to see the full profit of their work or have any decision-making rights. Instead, if it were successful, Google owners were going to skim a very good portion of the income as profit and the workers were going to get a portion of what their work achieved. Now that it’s unsuccessful, Google owners lost a bit of money (effective chump change for rich people) while the workers face a very real prospect of economic devastation during a global pandemic and a massive downturn in the economy.
You tell me who is taking the higher risk here. The owners, or the workers?