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amiga_500
searching PlanetScale…
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11 ms
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61.
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by
amiga_500
6y ago
Sorry I'm not American so I'm not obsessed with the idea that the state cannot maintain something. Your banking sector sucks compared to Europe.
62.
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by
amiga_500
6y ago
We should each have our own account number that is ours. This could be registered with the state, when born. It would contain a pointer to a private bank account. Banks would have to implement a one day transfer to flip the pointer.
63.
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by
amiga_500
6y ago
I have a brother printer that works with linux. It does as it's told.
64.
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amiga_500
6y ago
But you have to wait longer for the antibodies to appear in the human.
65.
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by
amiga_500
6y ago
> They have research and product teams that work to understand the target market/country/culture and build products for the target audience Isn't that making the same point I made: local knowledge matters.
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amiga_500
6y ago
Banks tried this, it was a disaster. The cultural stuff matters, the timezone matters, however capable people in other locations are.
67.
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by
amiga_500
6y ago
None of this is about your personal life. Work is just work. I get to see my kids more. I have more time. That is going to trump anything work related.
68.
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by
amiga_500
6y ago
I have an old dell that runs linux fine. Before that I had another laptop that I installed linux on with no big issues. I've never had a laptop that wasn't useable with Linux.
69.
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amiga_500
6y ago
My hunch is every single qanon story is just that, a story. I would imagine groups of students have competitions to come up with the most absurdly plausible story, with the winner able to perceive the odd conspiratorial mindset that so many
70.
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by
amiga_500
6y ago
The USA is such a mess. Can't have free speech because too many voters are conspiracy nuts. Can't ban content because free speech. The level of ignorance has to be seen to be believed, on sites like 4chan. Education can clear this
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by
amiga_500
6y ago
This just illustrates the warped perception most have about what constitutes economic value. What is more useful? A factory that makes shoes for your population or a vault of gold? Gold has a role, but factories are king. This is why the US
72.
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by
amiga_500
6y ago
Another comment downvoted for mentioning rent seeking.
73.
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amiga_500
6y ago
Regulations are legal vs illegal, they do not attempt to disambiguate wealth creation vs wealth appropriation. I'd encourage banks to lend into productive industries by taxing land, not labour (and properly tax externalities like pollu
74.
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amiga_500
6y ago
I've not read anything from Mazzucato that his hyperbolic, so let me say that your immediate dismissal of her work based on one comment is not necessary.
75.
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by
amiga_500
6y ago
Finance is subject to the same dichotomy. Some activities, like identifying lending to productive endeavours, are of some value. As are derivatives for producers looking to lock in prices. Then there is also the rentier side, such as lendin
76.
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amiga_500
6y ago
They are pro financialisation and pro rentier. Both require strong government intervention, but the profits are privatised.
77.
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amiga_500
6y ago
You are misinterpreting, it was thinking about how to be robust, not critiquing Romania
78.
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amiga_500
6y ago
They have it so good because they complain about stuff that is trivial relative to countries like Romania. It's a constant battle and to be satisfied is to give up.
79.
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amiga_500
6y ago
Pay is not set by value created, it's set to outbid other companies to retain, and at a time when many executive jobs are about to go, I'd suggest the bidding is far from fierce. This is the board voting the board gets a pay rise.
80.
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amiga_500
6y ago
> Eight companies, including J.C. Penney Co Inc and Hertz Global Holdings Inc, approved bonuses as few as five days before seeking bankruptcy protection
81.
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amiga_500
6y ago
And that is exhibit A. Ingrained into the culture. Rational, even, when considered within an utterly flawed framework. That's the scale of the challenge to dig yourselves out of.
82.
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amiga_500
6y ago
The execs getting the bonus know that other USA execs won't frown on this. The execs getting the bonus know regulators won't come after them. The execs getting the bonus know the media won't name and shame them. The execs get
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amiga_500
6y ago
What it was founded on is not really relevant. It does not represent Adam Smith, who disliked rentiers: > “As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they nev
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amiga_500
6y ago
Classic liberalism as the founding principal was alluded to by the parent post. I agree, it holds rentier activity on par with wealth creation, which Adam Smith would never have done. https://www.prosper.org.au/geoists-in-
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amiga_500
6y ago
Honestly i'm just amazed . It's just so, so poor. Who works on this software? Who wants to go to an interview with "workflow and usability lead on service now, 5 years" on their CV!
86.
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amiga_500
6y ago
It was crystal clear by 2005 that it was all going to pop. The analysis from a journal that purports to be about economics should have come in the build up to the crisis, not when the first huge cracks appear in the damn, having spent the
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amiga_500
6y ago
Slavishly neoliberal is not the same as free trade. Adam Smith, whom they model themselves after, was against rentier activity, The Economist is not. The UK is presently embroiled in negotiating all kinds of trade agreements as part of Brex
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amiga_500
6y ago
I find it to slavishly neoliberal. I used to read The Economist, then in the build up to 2008 when according to them all the growth was actual real growth, the system was fine, and banks knew what they were doing. I no longer read it.
89.
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amiga_500
6y ago
Wait, service now is 3rd party software? It's so bad I assumed it was internal, by a team of 2-3 utterly incompetent web developers. This is paid for? Oh my god...
90.
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amiga_500
6y ago
Holding your breath until you really want to gasp in will surely see the level drop, certainly before you start to go dizzy.
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