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Old 07-05-2016, 07:52 AM   #21
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Taleb is not saying anything new. Nor is he saying anything sensible - he's just trying to be a provocative follower of the "bash big bad megacorp" trend. Importantly, he fails to mention that for all the angst about today's workers being "slaves", we are a lot better off than people in our demographic ....
+1
In my personal case, I was a willing and enthusiastic participant in living in the gilded cage that my employer provided me.

I gave him my time, energy and smarts for over 30 years. I was on demand 24/7/365. I had to travel internationally 200 days a year.

He owned me outright. When he said 'jump', I said 'how high, sir?'

But...in addition to a generous paycheck, he gave me company paid first class travel, five star hotels, meals, entertainment and luxury cars, vacations and time off to some of the most exotic places on earth. Plus the ability to RE comfortably. (and I'm not even telling half the story)

Were there bad days? Sure, but did I ever once consider leaving his employ? Did I ever feel bad about our arrangement? Did I ever feel taken advantage of?

Not once in 30 years did the idea ever enter my head.

I realize my story is an exception, but...yeah, I was owned by my company and wouldn't have had it any other way. It was the sweetest deal anyone could've imagined.
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Old 07-05-2016, 08:06 AM   #22
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Ok, I admit, I absolutely did not understand the point of this article. Maybe it's because I'm African American and yes I find the concept of comparing megacorp workers to actual slaves the height of stupidity or maybe it's because I never understanding what the naked capitalism articles ramble about. they always seem to have articles where they start by quoting a sociologist, psychologist or in the case of this one "a researcher in practical and philosophical problems" What the heck is that?

lol, I gotta stop trying to hang on this website.
I think his use of "slave" was unfortunate, but it was part of making his point in mentioning that roman families had slaves as treasurers, and that the job wasn't given to free men. His upbringing outside of the United States likely blinds him to the connotation that this word has in the USA.

To me, the rough point of the article is that "The Man" is alive and well, even thought "He" has morphed over the centuries. He starts post WWII, but we could go farther back to railroads, indentured servitude, mining and milling, etc. On the outside, we appear 100% free. But under the covers, there is still a form of tethering as there has been, well, since forever.
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Old 07-05-2016, 08:08 AM   #23
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+1
Your retirement in 2005 shows you were in the golden era of Company Men and you have missed out on the changing fun since.

That said, if you embrace the system today and know how to work it, it is also a hell of a deal.
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Old 07-05-2016, 08:59 AM   #24
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Ok, I admit, I absolutely did not understand the point of this article. Maybe it's because I'm African American and yes I find the concept of comparing megacorp workers to actual slaves the height of stupidity...
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I think his use of "slave" was unfortunate, but it was part of making his point in mentioning that roman families had slaves as treasurers, and that the job wasn't given to free men. His upbringing outside of the United States likely blinds him to the connotation that this word has in the USA...
The author, who is not Taleb as an earlier poster reminded us, had this at the beginning, so he realizes that the analogy is just a metaphor.

...mind you, employees today still canít be required to breed and hand their progeny over or be beaten or killed at their masterís whim, so let us not get too carried away in commentsÖ
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Old 07-05-2016, 09:01 AM   #25
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This is why young people should spend some time in the military, where they will really learn what it means to be a captive of your employer. They put you in jail if you don't show up for work or do what they say, and you can't quit unless they say you can. The rest of your life will be a veritable freedom-fest by comparison.
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Old 07-05-2016, 09:02 AM   #26
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Man, I knew that if I was so unhappy at megacorps, I would spend a lot of time in the stockade if I were in service. Happily for me, I did not have to go through that to know what I was missing.
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