Nerevarine76

3 ms·

1.
by Nerevarine76 6y ago
That would be more of an oligopoly. Capitalism and free markets are more or less the same thing. However certain forms of regulation and lobbying can result in oligopies also known as 'crony capitalism'.
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by Nerevarine76 6y ago
CEOs' decision making has far more impact on the revenue of a company than a single engineer, or many engineers. That's why the market rate is very high for them. If there were only a handful of qualified engineers available on th
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by Nerevarine76 6y ago
> Businesses are paying market rates salaries to employees who generate them revenue. You use this argument to defend engineers but then question c—level executive salaries. The exact same principles apply but at a multiplicative level.
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by Nerevarine76 6y ago
Have you ever lived in the US? You're statement is probably only somewhat valid in the worst neighborhoods. People don't shoot you in the face when you open the door...
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by Nerevarine76 6y ago
I mean, not to mention everyday people who have 401ks with their employer or their own IRAs.
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by Nerevarine76 6y ago
Why would anyone work to acquire, sell, and as a result create a competitive market for those items if they can't make any money off of it? Preventing sellers from profiting off of 'essentials' and setting prices has created
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by Nerevarine76 7y ago
It's not speculation, it's economics. If you have to pay a higher wage the number of available jobs decrease. It's supply and demand. There's not an infinite amount of money in a company's budget. It's also not
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by Nerevarine76 7y ago
Why would it not be? It's a mutual transaction. If an developer in kansas is willing to accept less than the bay area worker, whose living expenses are twice as much, who is anyone to say that's not allowed? If you forced them to
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by Nerevarine76 7y ago
In reality it has nothing to do with fairness, it's a result of real market conditions. An employee in the middle of the country will accept a lower salary than someone in the bay area due to cost-of-living expenses. Same can be said f
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by Nerevarine76 7y ago
This actually makes me feel even better about LastPass
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by Nerevarine76 8y ago
The article says "Earlier this year, Reuters reported the retailer’s delivery partnerships with Uber and Lyft ended after the ride-hailing services struggled to deliver people and packages together." So sounds like they tried it a
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by Nerevarine76 8y ago
Wow, that sounds like some serious liability for the manufacturer. Given these regulations I imagine these kinds of products in Australia are quite expensive relative to less restrictive countries. I also don't fully understand the nee