Literally getting paid in stock options and earning bonuses based on the company stock price has no impact on your class position.
There's only owners and employees. The Vice President of Nephews is just another working stiff, trying to get through 40 hours plus unpaid overtime after negotiating a salary that gives the illusion of a living wage. There is absolutely no difference between the sales team, driving to different strip clubs to convince their dad's friends to buy more of their shit, and the folks on the factory floor who are working on expired H1-B visas and dodging calls from DHS.
We're all just one big happy family. Class consciousness has been achieved. No difference between rich and poor things. Etc.
Google famously paid stock shares to the in-house kitchen staff, when it first opened its offices in California.
Regardless, pick up a copy of Piketty's "Capitalism in the 21st Century". He goes into great length about the rise of the PMC in the wake of the Reagan Revolution.
Then yeah, I imagine that did change their class interests, at least with regard to google. It'd be in their interest to support a policy which harmed workers but increased the stock price.
I think you're correct but simultaneously you're not describing anyone that's particularly relevant here. I don't think the Google VP of Nephews is among the unionized.
I don't think the guy doing network work in a cramped freezing server room for ten hours a day is part of the PMC.
The McKinsey consultant who suggests we squeeze the racks 6" tighter, then convince the network guys that they should skip lunch if they want to squeeze between the frames (or, fuck it, lets just bring on 12-year-olds as part time unpaid interns and let them wiggle between the cases and replace cables)... that's the PMC.
I have friends who made a few million off going to work at the right company at the right time. That's petit bougie. Retire in your 30s and do whatever. Invest in a couple rental properties.
But someone who is making enough to live comfortably, save for retirement, pay for a couple of kids including education, etc... that's just a worker who hasn't had their dignity completely stripped away by the system yet.
Literally getting paid in stock options and earning bonuses based on the company stock price has no impact on your class position.
There's only owners and employees. The Vice President of Nephews is just another working stiff, trying to get through 40 hours plus unpaid overtime after negotiating a salary that gives the illusion of a living wage. There is absolutely no difference between the sales team, driving to different strip clubs to convince their dad's friends to buy more of their shit, and the folks on the factory floor who are working on expired H1-B visas and dodging calls from DHS.
We're all just one big happy family. Class consciousness has been achieved. No difference between rich and poor things. Etc.
Those are owners
Google famously paid stock shares to the in-house kitchen staff, when it first opened its offices in California.
Regardless, pick up a copy of Piketty's "Capitalism in the 21st Century". He goes into great length about the rise of the PMC in the wake of the Reagan Revolution.
Was it a lot, compared to their salaries?
Once the stock took off in the '00s, substantially so.
Then yeah, I imagine that did change their class interests, at least with regard to google. It'd be in their interest to support a policy which harmed workers but increased the stock price.
I think you're correct but simultaneously you're not describing anyone that's particularly relevant here. I don't think the Google VP of Nephews is among the unionized.
I don't think the guy doing network work in a cramped freezing server room for ten hours a day is part of the PMC.
The McKinsey consultant who suggests we squeeze the racks 6" tighter, then convince the network guys that they should skip lunch if they want to squeeze between the frames (or, fuck it, lets just bring on 12-year-olds as part time unpaid interns and let them wiggle between the cases and replace cables)... that's the PMC.
10s of thousands in stock vs 10s of billions.
That's the petite in petite-bourgeois
I have friends who made a few million off going to work at the right company at the right time. That's petit bougie. Retire in your 30s and do whatever. Invest in a couple rental properties.
But someone who is making enough to live comfortably, save for retirement, pay for a couple of kids including education, etc... that's just a worker who hasn't had their dignity completely stripped away by the system yet.