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While simultaneously degrading the value of employment to any of these conglomerates. This is the same reason you want well paid politicians and FBI staff.
by cyanydeez 3y ago
While simultaneously degrading the value of employment to any of these conglomerates.
This is the same reason you want well paid politicians and FBI staff.
- lxgr 3y agoSure, but please let the takeaway here not be "the employees of Con Edison, PG&E, National Grid etc. need to be paid and vetted like bank tellers, then it'll all be good". The intrinsic overlap of incentives and strengths between utility providers and identity verification organizations (whether private or public) is minimal, and I suspect extrinsically forcing them into that role can't end well either.
- hx833001 3y agoGood thing there are no corrupt politicians and FBI agents.
- airstrike 3y agoWell paid politicians do everything to get reelected rather than doing everything to increase general welfare. Also as others have commented, even well paid people do shady things. TFA isn't an endorsement of higher wages, it's a denouncement of our terrible collective security and authentication protocols.
- throw10920 3y ago> Well paid politicians do everything to get reelected rather than doing everything to increase general welfare. Yes. Parent comment is literally completely backwards - we've seen from Wall Street that paying people extremely well leads to corruption. High pay has the opposite effect. Things that work include oversight, transparency, audit logs, removal of human processes, active anti-corruption investigation, and the like.
- cyanydeez 3y agoWhat you're observing is the climbing the latter effect of absent regulation. Social economics has already identified that people only care about relativistic wealth so a business industry surrounded by greed will of course, produce more greed. Slap some actual consequences and you'll see better results.