“They complained about what they saw as sluggish growth, fat budgets, and extravagant employee…
John Weiss

Good question. I don’t think it’s a direct equivalence. But many of the things businesses try to do to “do right” — whether it’s limiting environmental damage or offering generous parental leave — increase costs. Some of the things at issue at Etsy (like, should they be running their own servers?) don’t fall into this category. But many others do.