bravo22

10 ms·

61.
by bravo22 6y ago
This is very true, and not at all what I mean when I say "choice". In free market choice means alternative vendors. Do you have other choices for getting chemo besides the one hospital? You may be surprised to know that 80% of hos
62.
by bravo22 6y ago
That's not entirely accurate and that's not even the meaning of free market. Water is also a necessity as is food and you can have a free market for those. The questions are: 1. Does the buyer have enough choices or alternatives t
63.
by bravo22 6y ago
You are assuming that healthcare is a free market. There is tremendous regulation, encouraged by incumbants, to keep away the competition. You should look at historical healthcare expenditure by the US. The problem isn't providing heal
64.
by bravo22 6y ago
That's if it is equally applied to everyone. Examples, similar to yours, are used as basis of racial discrimination lawsuits when the evidence shows that it is selectively applied to a group of people.
65.
by bravo22 6y ago
Alternatively people just want to be very fucking good at their job and there is an exec or a contract lawyer doing this as a way of being better than other execs or contract lawyers at the company. Add to that the fact that the main purpo
66.
by bravo22 6y ago
A corporation is the instrument of its shareholders. The shareholders are the ones pursuing unlimited profits. Joel Bakan's argument makes it seem like humans -- people -- who own the corporation are blameless.
67.
by bravo22 6y ago
They have now that it has come to the forefront. My point was they could have run the article along with the note. GG can publish his article and the readers can be the judge.
68.
by bravo22 6y ago
The issue is that we're not privy to the editor and their motives or the strength of Greenwald's evidence. It could very well be that he has a solid story. In this case you have a well known journalist claiming that his editors ar
69.
by bravo22 6y ago
Exactly.
70.
by bravo22 6y ago
Or they can push narratives and stories to manipulate their audience? If the main search engine in a country was controlled by a foreign entity that would be cause for concern.
71.
by bravo22 6y ago
Signal integrity. High speed signals degrade with even slightest mismatch in trace length or stubs. For high-speed signals you use a chip which is essentially an electrical repeater to redirect the output to port A or B.
72.
by bravo22 6y ago
Re: posts with false information. The cynic in me thinks that HN is not immune to astroturfing by foreign or domestic actors anymore than Reddit or Facebook are.
73.
by bravo22 6y ago
You would actually have a flat tax across the system ideally. Eliminates unproductive capital deployment to reduce tax burden. You take X% off the top of the economy and distribute it to everyone who needs it on a sliding scale basically be
74.
by bravo22 6y ago
The government doesn't foot the bill. People and businesses do. We pay taxes. Government has no money. The transfer payment is taken from the entire economy through a tax. A slice off the top. If a business has higher profits it would
75.
by bravo22 6y ago
Minimum wage creates distortions. For example industries that are labour heavy are impacted disproportionately to others that are more automated.
76.
by bravo22 6y ago
That actually does not satisfy free market. Free market is freedom from coercion. When you have monopolies you're not free to participate in the labour market. Freidman and Hayek both emphasize this point in their works.
77.
by bravo22 6y ago
Which is why instead of mispricing labour through minimum wage you can have a negative income tax which makes up the difference. The nice thing is that it will apply to everyone -- working or not, sick or not, on mat leave or not, can'
78.
by bravo22 6y ago
You can achieve the same or better result but simply mandating that the same company can't own the fiber AND provide service. The electricity grid in Europe is run the same way.
79.
by bravo22 6y ago
It caused inflation in assets, not in goods.
80.
by bravo22 6y ago
You are avoiding the actual question. Furthermore what you keep repeating is not true. You're retconning history and economics based on your own knowledge and absolutely ignoring books and written history.
81.
by bravo22 6y ago
You're on the money. Self-interest is an inherent human nature. Competition is the mechanism to keep self-interest in check. Everyone wants a monopoly. Our institutions and power structure have to be built to be anti-monopoly of all f
82.
by bravo22 6y ago
You're confounding American corporatism and capitalism. In which part of capitalist philosophy do you find "rent extracting monopoly power"? Is it in the free market? Is it in the competition? Is in the decentrlization?
83.
by bravo22 6y ago
They're both real problems. Most of growth in the last decade has been from leveraging. A lot of people have BS jobs as a result of leveraging. Giving people money to avoid starvation (which is good), isn't going to change your le
84.
by bravo22 6y ago
Capitalism is built around competition and anti-monopoly, philosophically. Unfortunately in reality people believe that the only good monopoly is the one they (think) they control. This leads them to pile more and more power into that insti
85.
by bravo22 6y ago
You'd also run out of that asset pretty fast.
86.
by bravo22 6y ago
EDIT: Not sure about the downvotes. It is a factual statement. Their increasing wealth is a reflection of other broken parts of the economy.
87.
by bravo22 6y ago
They're worth that. It doesn't mean anything until that is converted into cash. So their wealth increase or decrease isn't coming at the expense of everyone else. It is a reflection of the secondary effect of millions of ot
88.
by bravo22 6y ago
First you'd have to convert your 1BN gain of non-cash assets to cash every 2 weeks.
89.
by bravo22 6y ago
I've been on silicon side. Because chips are rushed out the door and always behind schedule, and they expect large customers to make 2-3 product lines with it during the chip's lifetime.
90.
by bravo22 6y ago
This also reveals a fundamental bug in naive democracy (i.e. we should do everything that the majority wants). It creates an implicit tyranny against the minority by the majority. Of course the same person can be in a majority group in one

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