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Cut-Throat Capitalism: Welcome To the Gig Economy

Business  (tags: business, corporate, economy, Entrepreneurs, gig economy, cut-throat capitalism, ethics, labor, law, politics, society )

- 1879 days ago -
By removing any social protection, the gig economy returns us to the most oppressive type of cut-throat and hierarchical capitalism, a social order where the power to hire and fire has been restored to employers, ... unfettered control over the workplace.


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Lady Suki (446)
Wednesday May 28, 2014, 7:29 pm
It is definitely an employer's market.

Athena F (131)
Thursday May 29, 2014, 2:10 am
Greed = evil

thank you

Past Member (0)
Thursday May 29, 2014, 2:24 am
Agreed A F. Thanks Lynn.

Terrie Williams (798)
Thursday May 29, 2014, 6:11 am
Are we liking our Fascism yet? NOT....

Jonathan Harper (0)
Thursday May 29, 2014, 6:22 am

Roger G (148)
Thursday May 29, 2014, 12:54 pm
noted, thanks

Joanne Dixon (37)
Thursday May 29, 2014, 2:45 pm
For a while, there was a trend towards temp agencies hiring people for these gigs, and then keeping the employees on the books when the gig was over. The benefit here was that if you stayed long enough with one agency (and it didn't have to be all that long necessarily) you could get benefits like health insurance and 401k's through the agency so you didn't need to stay with a particular employer. Personally, I preferred long term employment, but if I were doing gigs I would certainly rather be doing it through an agency. Are they not still around?

David C (75)
Thursday May 29, 2014, 5:51 pm
...all I know is that capitalism is not good for the common good......

DaleLovesOttawa O (198)
Thursday May 29, 2014, 7:57 pm
"The gig economy is associated with low wages, repression, insecurity, and chronic stress and anxiety."

Jacob Marley, the business partner of Ebeneezer Scrooge would be so proud!

Lynn Squance (235)
Thursday May 29, 2014, 10:51 pm
I was a contractor at one point with no benefits etc. I was exclusive to the one company and subject to all the same rules and regulations of an employee but none of the perks. I did that for 1.5 years and then the contract was terminated because the Trust company was sold to a major bank. Then I worked for another bank for 1.5 years on contract and proved my mettle. They hired me on as a fulltime employee and I worked myself up to a senior managers position. I was always left wondering if my contract would end. Many of contracts were 30 day contracts. To say that I was "scared shitless" is an understatement. The stress of not knowing the immediate future, the lower wages, the no benefits, no sick time, no vacation time, and being told "you're a contractor so you don't get all the tools you need to do the job" . . . it doesn't make for good employment.

Some can handle that kind of "gig economy" while others cannot. I am one that wants to DO the job, not LOOK FOR the job all the time. It is a way that employers can save money etc especially if there is no union.

Thanks everyone for your input.

Sheryl G (359)
Friday May 30, 2014, 5:05 am
Sounds horrible Lynn, is enough to life to deal with between raising children, taking care of our Elders, the car breaks down, dealing with the job itself, then to have that hanging over one's head all the time, will I have a job next 30 days is not good at all.

I'd not heard of this term gig economy, so new one on me, however I've know of this going on more and more. All I have to say is I'm thankful I'm the age I am today and not just starting off in this mess as I know a "gig" isn't something I'd want to be under all the time. I had periods of being laid off and that was stressful enough in my earlier career days, but I knew once I got a decent job most likely I'd be able to stay with it as employers were still looking for permanent employees back then.

The laborer has certainly been put over the barrel. All the Unions lost a perfect opportunity back when Reagan fired those Traffic Controllers. Every Union member should of walked off their jobs back then and shut things down and shown it's power, but they didn't so now we've paid the penalty for not sticking together.

. (2)
Friday May 30, 2014, 6:22 am


Bruce C D (89)
Friday May 30, 2014, 2:05 pm
The balance has tipped way too much in favor of employers, at the expense of workers, for far too long. Call it the "gig" economy or whatever term you want, it isn't good.

divergent revolution (309)
Friday May 30, 2014, 3:40 pm
Here come the pirates and land sharks...

TomCat S (123)
Sunday June 1, 2014, 10:11 am
That is what Republicans are fighting fore.

Sherri G (128)
Tuesday June 10, 2014, 2:49 am
I agree with Dandelion the failure of all of us to stand together allowed this "gig" or contract worker (part time with no benefits) to flourish since Reagan. We missed an opportunity to strengthen our unions and shut the plants down. The definition of a recession is when the other guy loses his job while the definition of depression is when I lose MY job. Too many Americans have allowed greedy corporations and the top 1% to whittle away at our democracy while we said everything is still OK because I still have a job. Well Friends it is not OK and not voting because "my vote doesn't matter" is going to be the death of America. The Supreme Court is tainted and cannot be relied on and if Republicans take over the Senate we will remember today as the good old days by comparison. We have a lot of work to do with no guarantees except I have for one want to say to my Grandchildren I tried. BTW quality education is the only way to stop the dumbing down of America. Corporations via Bill Gates with Common Core control of what our kids study is another way to control the population. TY Lynn Noted
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