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10 sats \ 0 replies \ @sancristrader 7 May freebie \ on: Andreessen Horowitz says half of Google's white-collar staff do 'no real work' stocks
There is a party policy to make life hard for small business, probably because those small businesses are harder to control politically than giant monopolies. Obama reforms made health insurance basically unfeasible for tiny businesses. This pressure continues with IRS $600 transaction reporting threshold. The new IRS rule that disallows writing off programmers salary expenses the same year as research and development and makes them amortizable over years only is another blow. Same goes for tightening of the constructor classification, pushing tiny businesses towards classifying their programmers as employees versus contractors.
The fact that those giant monopolies have menagerial class basically doing nothing is not anything new. In the Soviet Union for the sake of universal employment there was also an entire white collar class that did absolutely nothing. This was pointed out by James Burnham in his book The Managerial Revolution, which describes the more recent development of Marxism https://books.google.es/books/about/The_Managerial_Revolution.html
The political bias of Google Bard for example, is not surprising after reading this book.