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> No. There are only markets and incentives. And if an industry is being massively disrupted, attempts to freeze that industry in time are going to fail. With b

by lmm 3y ago

> No. There are only markets and incentives. And if an industry is being massively disrupted, attempts to freeze that industry in time are going to fail. With broken hearts and lives along the way. Nah. Declining industries take plenty of time to decline, more than enough for those there to finish out their careers in comfort. Just look at west coast shipping and the rise of containerisation. Labour solidarity absolutely works, not for saving industries but for saving humans.

stale2002 3y ago
> Declining industries take plenty of time to decline Thats depends on the specific disruption that is happening to the market. As stated, you can push at the edges. But no amount of incremental pushing stops 100X cost reducing disruptive technologies that are widely available to the public and that can't be banned unless all personal PCs are confiscated.
- Retric 3y ago
  You say that, but people with simple returns go to tax prep companies every year… Inertia really does seem to keep dying industries around for longer than seems reasonable because humans aren’t completely rational actors.
skissane 3y ago
> Labour solidarity absolutely works, not for saving industries but for saving humans. In my personal experience, unions will prioritise the interests of senior members approaching retirement over fresh graduates coming into an industry. If you are in the latter group, breaking with “solidarity” may be more in your personal best interests than going along with it
- pseudalopex 3y ago
  Who suggested fresh graduates should enter declining industries?
  - skissane 3y ago
    To clarify, I’m not talking about declining industries. I am talking about union membership in non-declining industries. When I was young I was a member of Australia’s tertiary education union (the NTEU), and I really got the sense the union was prioritising the interests of senior staff over what was best for me personally. e.g. opposing performance-based pay, even though I personally was likely to get paid more under it
    - warcher 3y ago
      The aversion of unions to performance based pay always put me off. I think the fear is that management will rig performance metrics to punish union members in general and “troublemakers” in particular, but seniority systems always seem to reward the worst kind of coworkers.

by lmm 3y ago

stale2002 3y ago

> Declining industries take plenty of time to decline Thats depends on the specific disruption that is happening to the market. As stated, you can push at the edges. But no amount of incremental pushing stops 100X cost reducing disruptive technologies that are widely available to the public and that can't be banned unless all personal PCs are confiscated.

Retric 3y ago
You say that, but people with simple returns go to tax prep companies every year… Inertia really does seem to keep dying industries around for longer than seems reasonable because humans aren’t completely rational actors.

skissane 3y ago

> Labour solidarity absolutely works, not for saving industries but for saving humans. In my personal experience, unions will prioritise the interests of senior members approaching retirement over fresh graduates coming into an industry. If you are in the latter group, breaking with “solidarity” may be more in your personal best interests than going along with it

pseudalopex 3y ago
Who suggested fresh graduates should enter declining industries?
- skissane 3y ago
  To clarify, I’m not talking about declining industries. I am talking about union membership in non-declining industries. When I was young I was a member of Australia’s tertiary education union (the NTEU), and I really got the sense the union was prioritising the interests of senior staff over what was best for me personally. e.g. opposing performance-based pay, even though I personally was likely to get paid more under it
  - warcher 3y ago
    The aversion of unions to performance based pay always put me off. I think the fear is that management will rig performance metrics to punish union members in general and “troublemakers” in particular, but seniority systems always seem to reward the worst kind of coworkers.