4 ms·

Do you really think your life will be better if they stop doing things like that?

by jdimov 12y ago

Retric 12y ago
Well, I would have more money. I don't know if that's enough to have a better life but I don't think robbing someone and then saying you’re going to be happier without needing to clean that junk is a reasonable defense.
- jdimov 12y ago
  No, you would not. You'll have more money when you become financially literate. Until then, no amount of "justice" is going to put more money in your pocket.
  - Retric 12y ago
    Where do you think the billions in profits from from manipulations like this come from? In this specific case it's hard to quantify but my personal losses are easily more than 10$ which is not exactly meaningless fractions of a cent.
chrisan 12y ago
Do you really think, if the accusations are true, fixing this problem wouldn't improve things?
- jdimov 12y ago
  Yes, I do. In fact, it won't change a damn thing in the daily lives of anyone you know. You have to deal with YOUR problems, not wait for someone (e.g. government) to correct someone else's behaviour (the big boys) so you can feel better. Downvote and whine all you want - your poverty is your problem. There is nothing wrong with the world.
  - synkarius 12y ago
    What problems qualify as "my" problems versus someone else's problems? Also, if there is nothing wrong with the world, why are you defending your opinion here? Doesn't doing so imply that you perceive opposing opinions as flawed or inaccurate enough to be worth debating? If so, whose problem is that?
  - datashovel 12y ago
    Corruption, and the sense of entitlement it gives powerful people when they can get away with it, certainly does (in the long term) make a difference to every person on the planet when it is kept under control.
  - deleted 12y ago
    [deleted]
  - kubiiii 12y ago
    Technically, manipulating commodities prices to build higher profits will drive prices up for consumers making them poorer.
  - LunaSea 12y ago
    Wow, a new level of sociopathy has been reached here.
  - juliangregorian 12y ago
    Mmhmm, tell me, where can I sign up for your newsletter?
  - GotAnyMegadeth 12y ago
    > There is nothing wrong with the world. You need to go travelling.
sspiff 12y ago
It's not even about fixing this one issue. Or improving my life. It's about enforcing fairness, and not continuing to signal to the rich and powerful that really, they can get away with anything. That their wealth and power doesn't place them above the law. And I believe that in the end, when abuses like this start getting punished in a meaningful way, and moves are made to prevent further abuse, all our lives WILL actually improve.
- tim333 12y ago
  Yeah, we could do with a few of the guilty doing time. The JP Morgan folks would be a start - https://news.ycombinator.com/item?id=8572126 https://news.ycombinator.com/item?id=8572126
- AndrewKemendo 12y ago
  That their wealth and power doesn't place them above the law. Except it always has and I don't see why that would change as long as there is scarcity in some form. What it comes down to is cost/benefit of enforcing "fairness" or "equity." If someone has a lot of resources and they are using them to employ people or otherwise keep institutions that people rely on running - even if they are in the long term toxic institutions - there is momentum to not disturb that system in order to shield the people downstream from layoffs and disorder etc... This is actually our democratic system in action, where the lawmakers and enforcers are put in place by voters, who respond to jobs, social investment and stability in their regions. Even if the people who are the mechanisms for those benefits are assholes and crooks, on par as long as there is relative stability and growth it is better to keep their actions from disrupting the ecosystem. Arguably it will eventually be too corrupt to stand and crumble, but if the way that capital and goods are allocated is through a private consumer-producer mechanism with state power applied to maintain or promote this system, this is the inevitable result. In the end, the majority of people aren't so dedicated to the value of fairness/equality that they are willing to risk their livelihoods on it.
  - sspiff 12y ago
    I agree with your statement that wealth and power has always made men who hold them untouchable to anyone but the people with more wealth and power. That shouldn't mean we need to accept this. We can try new solutions, move the status quo. We probably won't succeed, but at least we have to try?

Do you really think your life will be better if they stop doing things like that?

by jdimov 12y ago

Do you really think your life will be better if they stop doing things like that?

Well, I would have more money. I don't know if that's enough to have a better life but I don't think robbing someone and then saying you’re going to be happier without needing to clean that junk is a reasonable defense.

jdimov 12y ago
No, you would not. You'll have more money when you become financially literate. Until then, no amount of "justice" is going to put more money in your pocket.
- Retric 12y ago
  Where do you think the billions in profits from from manipulations like this come from? In this specific case it's hard to quantify but my personal losses are easily more than 10$ which is not exactly meaningless fractions of a cent.

chrisan 12y ago

Do you really think, if the accusations are true, fixing this problem wouldn't improve things?

jdimov 12y ago
Yes, I do. In fact, it won't change a damn thing in the daily lives of anyone you know. You have to deal with YOUR problems, not wait for someone (e.g. government) to correct someone else's behaviour (the big boys) so you can feel better. Downvote and whine all you want - your poverty is your problem. There is nothing wrong with the world.
- synkarius 12y ago
  What problems qualify as "my" problems versus someone else's problems? Also, if there is nothing wrong with the world, why are you defending your opinion here? Doesn't doing so imply that you perceive opposing opinions as flawed or inaccurate enough to be worth debating? If so, whose problem is that?
- datashovel 12y ago
  Corruption, and the sense of entitlement it gives powerful people when they can get away with it, certainly does (in the long term) make a difference to every person on the planet when it is kept under control.
- deleted 12y ago
  [deleted]
- kubiiii 12y ago
  Technically, manipulating commodities prices to build higher profits will drive prices up for consumers making them poorer.
- LunaSea 12y ago
  Wow, a new level of sociopathy has been reached here.
- juliangregorian 12y ago
  Mmhmm, tell me, where can I sign up for your newsletter?
- GotAnyMegadeth 12y ago
  > There is nothing wrong with the world. You need to go travelling.

sspiff 12y ago

It's not even about fixing this one issue. Or improving my life. It's about enforcing fairness, and not continuing to signal to the rich and powerful that really, they can get away with anything. That their wealth and power doesn't place them above the law. And I believe that in the end, when abuses like this start getting punished in a meaningful way, and moves are made to prevent further abuse, all our lives WILL actually improve.

tim333 12y ago
Yeah, we could do with a few of the guilty doing time. The JP Morgan folks would be a start - https://news.ycombinator.com/item?id=8572126 https://news.ycombinator.com/item?id=8572126
AndrewKemendo 12y ago
That their wealth and power doesn't place them above the law. Except it always has and I don't see why that would change as long as there is scarcity in some form. What it comes down to is cost/benefit of enforcing "fairness" or "equity." If someone has a lot of resources and they are using them to employ people or otherwise keep institutions that people rely on running - even if they are in the long term toxic institutions - there is momentum to not disturb that system in order to shield the people downstream from layoffs and disorder etc... This is actually our democratic system in action, where the lawmakers and enforcers are put in place by voters, who respond to jobs, social investment and stability in their regions. Even if the people who are the mechanisms for those benefits are assholes and crooks, on par as long as there is relative stability and growth it is better to keep their actions from disrupting the ecosystem. Arguably it will eventually be too corrupt to stand and crumble, but if the way that capital and goods are allocated is through a private consumer-producer mechanism with state power applied to maintain or promote this system, this is the inevitable result. In the end, the majority of people aren't so dedicated to the value of fairness/equality that they are willing to risk their livelihoods on it.
- sspiff 12y ago
  I agree with your statement that wealth and power has always made men who hold them untouchable to anyone but the people with more wealth and power. That shouldn't mean we need to accept this. We can try new solutions, move the status quo. We probably won't succeed, but at least we have to try?