6 ms·
Why do people keep needing proof that big money runs everything.
by aaomidi 6y ago
Why do people keep needing proof that big money runs everything.
- JKCalhoun 6y agoYeah, really. Can anyone point to counter-examples?
- ironmagma 6y agoThere are a few -- Glassdoor, and Google reviews let you post bad reviews of businesses even if they have tons of money. That's not to say I disagree that big money runs things, just that it's not 100%.
- Hasnep 6y agoEntirely anecdote, but I've heard of companies asking all their employees to give them good Glassdoor reviews.
- xenocratus 6y agoThere were stories here on HN (might dig them up) about how Glassdoor blackmails companies with "it would be a shame if your good reputation was ruined by some random bad reviews, eh?" and removes bad reviews for companies that hand over the dough :)
- deleted 6y ago[deleted]
- jollofricepeas 6y agoThis is definitely a thing. The startup I used to work for did this a ton before they were acquired. They would even request it during all-staff meetings.
- TeMPOraL 6y agoIIRC from recent HN threads, Glassdoor is considered to be completely gamed, and the company is in on it. See e.g.: https://news.ycombinator.com/item?id=24789865 https://news.ycombinator.com/item?id=24789865.
- TheRealDunkirk 6y agoI don't know why anyone needs to be told this, at this point, but EVERY review system is being gamed. You can't trust ANY of them.
- deleted 6y ago[deleted]
- sbussard 6y agoThe article is about Google wiping reviews, and I’ve worked for a company that asked employees to leave good reviews on Glassdoor
- camjohnson26 6y agoTheranos HR posted one good review for every negative one to even out the score.
- DyslexicAtheist 6y agothe tone on glassdoor has shifted a lot since they discovered HR departments and recruiters as their main (only?) client base. > ... It's also free to claim your employer account. After that, Glassdoor costs $249 to $600 per month depending on how many jobs you want to post and what specific features you want to add (again, the premium service costs more). -- (probably better sources this is just the top google result) https://fitsmallbusiness.com/glassdoor-vs-indeed/ https://fitsmallbusiness.com/glassdoor-vs-indeed/
- pkaye 6y agoGlassdoor is gamed. I've spoken to some multiple HR people who make fake reviews for their employer to counteract some bad reviews. I wouldn't trust it for smaller companies.
- nineteen999 6y agoI've been asked by a shitty (billion $ plus) company to write one of these type of unjustified positive reviews, directly after the rest of my devops team had quit and only days before I handed in my own notice. Needless to say I declined.
- somehnrdr14726 6y agoI've worked at lots of employers who ask current employees for positive Glassdoor reviews shortly after a disgruntled former employee writes a bad review. I wouldn't trust anything on that site. The positive reviews are written under duress and the negative reviews have an axe to grind.
- sathackr 6y agoAnd then those bad reviews magically disappear just like the 150,000 reviews of the Robinhood app that have disappeared.
- Romanulus 6y agoAh yes... Google Reviews. Google never does anything evil!
- centimeter 6y agoIt's more complicated than that. Jeff Bezos has a lot of money and relatively little political power. You can't just be rich; you also have to be in the right social groups. If money truly equaled political power, we'd look more like Hong Kong pre-1997 (and arguably pre-2020).
- teruakohatu 6y ago> relatively little political power He bought a newspaper. I would say he has plenty of political power.
- pueblito 6y agoTo add to this, he owns the Washington Post, THE paper for DC
- alistairSH 6y agoHe also had cities across the country doing cartwheels to get HQ2. He got an entire neighborhood in Arlington VA renamed, got a heliport approved, and other perks.
- centimeter 6y agoBeing able to advertise to the proles isn’t actually that valuable without a level of coordination that’s beyond bezos.
- icefrakker 6y agoLOL Jeff Bezos has relatively little political power and I'm the king of Gondor.
- firecall 6y agoBecause it's still a problem. More people need to know and understand how the world works, and importantly, how it's working against them! :-)
- deleted 6y ago[deleted]
- fireeyed 6y agoCan't repeat this enough. "Its a big club and you ain't in it" - George Carlin. A lot of people are waking up to the coordination between the Oligarchs. Its hardly a surprise. The politicians, their government lackeys and media are in bed with them nice and comfy only feigning outrage when the system appears threatened.
- louwrentius 6y agoI love this quote from Carlin: It's called the American Dream because you have to be asleep to believe it.
- tclancy 6y ago"Think of how dumb the average American is. And then realize half of them are dumber than that."
- syops 6y agoThe interesting thing about this quote is that there's a decent chance it's wrong. Is there a reason to believe that half the people are below the average? (As opposed to the median.) Carlin is exposing his own ignorance of statistics with this quote. It's akin to when people criticize the grammar of others whilst making a grammatical mistake.
- kube-system 6y agoMode, median, and mean are all accurately described as averaging techniques. Mean is the most commonly used average, but they are not synonymous.
- edgyquant 6y agoWell except that outside of mathematics and statistics they quite literally are to the layman
- mancerayder 6y agoIt sounds conspiratorial to the average person, who isn't all that politicized or interested -- until it gets 'em. When it comes for you, it gets ya (via deplatforming or stock shennanigans or mortgage crisis bailouts or big wars and lies or whatever), and the online mainstream media Zeitgeist seems to support it, you join in on the understanding that big money corrupts and populism is worth a thought or two.
- wetmore 6y agoFitting username :)
- tylerjwilk00 6y agoYeah. It's always a conspiracy until it isn't.
- grecy 6y agoCitadel is a hedge fund that owns Melvin Capital Management. Melvin is a $GME Short Seller that is predicted to loose BILLIONS due to people taking the free market back. Citadel owns the app Robinhood. Robinhood banned the purchase of $GME shares, while selling was still allowed. How in the world is that NOT market manipulation?
- jannes 6y agoDoes Citadel actually own Robinhood? I couldn't find any source on that.
- alistairSH 6y agoNo, Citadel is RH's largest customer. https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%20Rule%20606A%20and%20607%20Disclosure%20Report%20Q1%202020.pdf https://cdn.robinhood.com/assets/robinhood/legal/RHS%20SEC%2... Citadel also bailed out Melvin to the tune of $2.75bn. https://cointelegraph.com/news/financial-ties-between-robinhood-and-funds-shorting-gme-falls-under-scrutiny https://cointelegraph.com/news/financial-ties-between-robinh...
- deleted 6y ago[deleted]
- ArchD 6y agoI think Robinhood sends them the retail order flow. I don't know about ownership. The conflict of interest is the same.
- sgerenser 6y agoCitadel does not own Robinhood.
- jonp888 6y ago> Robinhood banned the purchase of $GME shares, while selling was still allowed They had no choice. They had run out of capital to execute the orders they were getting. They allowed people to unwind their existing positions, but not to create new ones. Considering trading was still going on elsewhere, not locking people into their current positions would have been worse.
- jojobas 6y agoBecause Big Money spends big money to make people not notice things.
- marricks 6y agoMoney they also run media, and when things settle down people read NYTimes, listen to NPR, and it slowly eats away at what they've learned until they're right back where they started. "Well things aren't perfect but they could be far worse, and I'm so happy we have Bill Gates to fighting polio and malaria."
- bilekas 6y agoBingo, this whole fiasco has highlighted it hard (600%+) though. I'll get a lot of hate for this I know. My issue is why people think it's not working for them too. Yes there is corruption and fckery in WS. But make no mistake. Those Fckers are also making sure our companies have capital, ensure activity etc. The trickle down BS doesnt come from govmnt or taxes, it comes from WS. Not NEARLY a percentage of what is deserved, but it does. The change needs to happen at the bottom, minimum wage, basic living standards, quality of life etc. then Reddit wouldn't pay attention to assholes on WS who we bailed out.
- stjohnswarts 6y agoI think it's because reddit is in a panic. Gamestop is probably trying to make it more representative of the whole rather than pay attention to anything from the past week or so. Those are not from average reviewers. They're from emotional redditors caught up in the moment probably.
- dang 6y agoPlease don't post unsubstantive comments and/or flamebait to HN. We want thoughtful, information-rich, curious conversation here. This is obviously not that. Maybe you don't owe big money which runs everything any better, but you definitely owe this community better if you're posting to it. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html We detached this subthread from https://news.ycombinator.com/item?id=25951489 https://news.ycombinator.com/item?id=25951489.
- aaomidi 6y agoedit: deleted, not worth it.