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Anonymous Coward writes:
In a follow up to our story a few days ago, Newly unsealed documents from Google and Apple further prove their complicity in a secret illegal agreement to limit employees' careers and wages. Some background on this cartel is available in another article covering the US Department of Justice investigation into this matter earlier this week. When these companies were caught red-handed, blatantly breaking the law, the US government intervened on workers' behalf by asking the companies to, in effect, "please stop doing this," but the proposed settlement will only "be in effect" for the next five years.
Go justice!
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Newly Unsealed Docs in Illegal Wage-Theft Cartel
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I'm not a robot like you. I don't like having disks crammed into me... unless they're Oreos, and then only in the mouth.
-- Fry
(Score: 5, Insightful) by BradTheGeek on Thursday March 27 2014, @06:03AM
If I steal money, even a small amount, I am a felon. If I lie to keep money it is fraud and I am a a felon. I go to prison.
However, corporations can lie, steal, rape the commons, and face only small financial penalties. Why do not executives that make these decisions face the actual prison time?
(Score: 5, Funny) by That_Dude on Thursday March 27 2014, @06:19AM
You can't lock all of them up or perhaps you can't find enough prison guards trustworthy enough to watch them. Besides, imagine a prison full of former CEO's (people who specialize in getting away with whatever they can) - before you know it, the guards would be nothing more than a tax payer funded security force working on their behalf.
(Score: 2, Insightful) by monster on Thursday March 27 2014, @01:00PM
It's really funny (well, actually kinda sad) that in the country with the biggest share of its population in jail someone argues that you can't jail someone because there aren't enough appropiate jails.
(Score: 3, Interesting) by Sir Garlon on Thursday March 27 2014, @07:33AM
Because other executives don't demand it. Corporations want weak oversight because it costs less; complaining about the cost and restrictiveness of regulation is very much in vogue these days. This is narrow thinking. A fair labor market would benefit all companies. A rigged labor market benefits those who are able to rig it. If executives would realize that every time some other corporation gets away with something, that's money out of the pockets of their own shareholders, then they'd hold politicians' feet to the fire for better policing of the marketplace.
[Sir Garlon] is the marvellest knight who is now living, for he destroyeth many good knights, for he goeth invisible.
(Score: 3, Insightful) by Anonymous Coward on Thursday March 27 2014, @03:39PM
>A rigged labor market benefits those who are able to rig it.
Not at all - if the dominant employers conspire to keep wages for job X at 50% below what they would otherwise be then *every* business benefits - they can hire top-quality X employees for 49% less than they otherwise would. In the long term the field may suffer from a lack of new talent as it specializes elsewhere for better wages, but that takes years or decades to manifest, and it's a rare company in this day and age that looks more than a few years out, if even that.
(Score: 3, Interesting) by Anonymous Coward on Thursday March 27 2014, @07:43AM
Corporations are only "people" when it benefits them. Otherwise "get in line pleb, you're not buying enough of our shit. It doesn't matter that we're screwing you out of wages."
(Score: 2, Insightful) by Anonymous Coward on Thursday March 27 2014, @10:19AM
Because we live in a world where the governments are all of the Corporations, by the Corporations, and for the Corporations. Every nation under the dollar, divided, with liberty and justice only for them.
(Score: 4, Funny) by metamonkey on Thursday March 27 2014, @01:48PM
Worse, a sinner.
"You shall not oppress a hired servant who is poor and needy, whether he is one of your brothers or one of the sojourners who are in your land within your towns. You shall give him his wages on the same day, before the sun sets (for he is poor and counts on it), lest he cry against you to the Lord, and you be guilty of sin."
Deuteronomy 24:14-15
Left a beta website for an alpha website.
(Score: 2) by tathra on Thursday March 27 2014, @10:51PM
the moral of the story is that if you're putting together a crew to commit a crime, make sure you incorporate before the crime itself. then you wont have to worry about getting any jail time.