2 ms·
> I think it's good for society as a whole people thought communism was good for society as a whole.. turns out it isn't Key insight is that you have to consi
by rmtech 8y ago
> I think it's good for society as a whole
people thought communism was good for society as a whole.. turns out it isn't
Key insight is that you have to consider the bigger picture and the incentives that your proposed rule creates.
> good for companies and good for investors for companies to be careful and intentional about hiring
how careful though? So careful that you rarely hire or fire anyone at all? So careful that it's impossible to disrupt an industry like Tesla is doing? Who should decide these things? Ever wonder why innovation mostly happens in the US rather then Western Europe?
I think there are sensible rules to regulate corps BUT I don't think these rules should be of the form of giving out freebies (which is what you want here). Regs for corps in dealing with individuals should be focused on creating a level playing field, such as laws against companies having too large a market share (because a person can almost never have a large market share), laws penalising unclear or confusing contracts, etc.