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Aunche
searching PlanetScale…
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751.
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by
Aunche
4y ago
For well developed industries, I agree that employee representation is a good thing. On the other hand, America's friendliness to capital has lead to funding companies that end up competing for software engineers. This is part of the r
752.
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by
Aunche
4y ago
That's my point. Larry and Sergey own 3% of Google each, but have long retired from making any decisions at Google. Sundar only owns .01% of Google and gets compensated in bonuses, so he tunes his strategy on maximizing his bonus.
753.
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by
Aunche
4y ago
They aren't fools, they just have their own agendas. Sundar and other Google execs don't actually own that much Google stock, so they have relatively little lose by gambling with company money by over hiring. From Brian Armstrong&
754.
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by
Aunche
4y ago
Companies are made of individuals whose interest isn't necessarily aligned with that of its shareholders. For example, Google and Microsoft are run by executives who only own a tiny percentage of their respective company's stock,
755.
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by
Aunche
4y ago
What's artificial marble? Do you mean quartz countertops?
756.
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Aunche
4y ago
Or maybe they're just a lot better at reporting minor injuries. In the same vein, countries with stronger women's rights have higher rates of rape and sexual harassment.
757.
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Aunche
4y ago
At least in the case of Honduras, more people clearing paths for transmission lines accelerates the development of infrastructure that the locals can use. On the other hand, OpenAI moderation doesn't do anything for Kenyans. You can se
758.
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by
Aunche
4y ago
UBI in theory means that everyone in the world should receive a modest income (in the order of $2/day). This is something that I would support. UBI proposals in practice means that an exclusive in-group gets gets the wages the comforta
759.
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Aunche
4y ago
> Which is the same argument used to defend the exploitation of workers in banana republics. This is a completely bad-faith interpretation of my comment. The OP and I were both talking about the cost of government services. If you want t
760.
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by
Aunche
4y ago
>Even Australia with it's $21.38 minimum wage and healthcare for all has only 3.5% unemployment [1] I agree that the US can increase its minimum wage without significantly increasing unemployment, but it can't do so nearly as m
761.
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by
Aunche
4y ago
>Walmart earns $13k of profit across each of their 2m employees. Your numbers are off. Walmart's pretax income was ~$19B, so that's ~$8k profit per employee. >One could make the argument that if Walmart had to pay each emplo
762.
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Aunche
4y ago
>A concrete example: when people say that Walmart is subsidized by taxpayers, what they mean is that Walmart can employ hundreds of thousands at below-subsistence wages only because the taxpayers will provide for their employees so that
763.
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Aunche
4y ago
> I’d suggesting googling the term “enclosure”, specifically with regard to England Yes. I've heard this argument before. That doesn't change my argument though. Without industrialization, peasant life would be just not bad, if
764.
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Aunche
4y ago
Not true. The wealthy were more than happy to employ peasants. Even as late as 1800, hundreds of years after the feudal system, 78% of Europeans were peasants. https://www.encyclopedia.com/history/encyclopedias-almanacs
765.
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by
Aunche
4y ago
Life as a peasant was fine until it was not. If a flood or drought wiped out your crops, you were completely screwed. You might be able to get by with rationing or foraging, but you'd have to start over the next year weaker and demoral
766.
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Aunche
4y ago
You're assuming that factory workers are stupid and incapable of judging living conditions on their own. The fact is that millions of people voluntarily moved thousands of miles away from their families and hometowns to a country where
767.
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Aunche
4y ago
> The people who are complaining about this are not the same people who are restricting housing access. The majority of them think that YIMBY is useless or counterproductive because only luxury apartments are being built. There have even
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Aunche
4y ago
It's depressing that despite how much information is painstakingly gathered, available for free on the internet, people still choose to get their information about economics and policy from memes that have no basis on reality. For exam
769.
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Aunche
4y ago
> But don't hold your breath for CNN or someone like that to air a one-hour special on Why Globalization Was A Big Mistake And Everyone Advocating For It Was Obviously Stupid. That's because it is terrible take. For one, global
770.
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Aunche
4y ago
It's not quite as bad as it looks. In addition to having a lot more retirees, a lot more adults pursue higher education and performing homemaking duties.
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Aunche
4y ago
Zinn's quote is ridiculous, but this is rather unfair to Sinclair. He did interview a lot of meatpacking workers and visited their facilities before writing The Jungle . It was so influential that the FDA was passed in less than a yea
772.
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Aunche
4y ago
That's how most businesses work. Teslas building a new factory reduces the cost of EVs
773.
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Aunche
4y ago
Market forces exist whether you like it or not. If you design policy pretending that they don't, the market just spills over to a closed system of exchanging political favors, AKA corruption.
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Aunche
4y ago
So you want to punish developers building apartment complexes in high-demand cities, while billionaires can enjoy their hundred million dollars tax free? NIMBYs tend to be private homeowners, so this would defeat much of the purpose of the
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Aunche
4y ago
That's the problem. The wealth of billionaires isn't tied to any particular country, so they always have the means to move their wealth to a tax haven. Calls to tax the rich always end up falling to the upper-middle/lower-upp
776.
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Aunche
4y ago
> The UK has its issue, but from what I can see its because they are purposely starving it of money so they can ultimately privatize it. This isn't true. Healthcare spending has grown every year and has never significantly fallen re
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Aunche
4y ago
> "They didn't pay, so they die". The problem with these emotionally charged characterizations is that they can be used against you. Conservatives will use the rationing caused by large cancer backlog in the UK as evidence
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Aunche
4y ago
> The US has the highest preventable death rate in the developed world. They also have by far the highest obesity rate in the developed world. > Have diabetes and no insurance? That's pretty much a death sentence and they'll
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Aunche
4y ago
> I wonder if Germany was more aggressive with tariffs to protect automakers from competition. It's somewhat the opposite actually. Germany taxes imported cars, but at least it still allows them. At the behest of automakers and unio
780.
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Aunche
4y ago
Companies don't want to invest in a unstable and corrupt country. Even so, the rapid rise in HDI of the DRC aligns with the growth of their exports. You seem to be implying that colonization is synonymous with globalization, but let me
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