witty_username

16 ms·

61.
by witty_username 10y ago
If there's no need for jobs then that means robots are doing everything and so everything is cheap. That means the small nominal income becomes a large real income.
62.
by witty_username 10y ago
Some people lose temporarily and others win. What is wrong with that? That inequality is how capitalism works. > Of course laws let the companies "export" the jobs to other countries for lower wages since the 70's. That&#x
63.
by witty_username 10y ago
How does that not apply to cars, planes, calculators, computers, and the internet? I'm pretty sure I heard similar stuff regarding the internet.
64.
by witty_username 10y ago
> The money for this would have to come from somewhere. Thus it makes sense to tax the biggest beneficiaries, the capital owners who permanently replaced workers with machines. They're paying because they're gaining the most. H
65.
by witty_username 10y ago
Why? In the long-term disruptions and changes in jobs are part of the changes in the world. These people are unemployed temporarily and will lose some wages in the short-term but in the long term they will benefit from technological changes
66.
by witty_username 10y ago
If there's no way to invent jobs then we've reached an utopia where robots do everything.
67.
by witty_username 10y ago
Should the same have been done when calculators made human calculators unemployed?
68.
by witty_username 10y ago
By that logic, we should tax cars, computers, calculators. The owners already pay taxes though. Why should they pay additional tax for using robots?
69.
by witty_username 10y ago
I think that most AMD processors support ECC.
70.
by witty_username 10y ago
Source?
71.
by witty_username 10y ago
Sure, it's in your interest for your wages to be as high as possible, but does this maximize overall welfare? By banning competition, the H-1B person's wage and the employer's profits go down and the product price increases.
72.
by witty_username 10y ago
What is wrong with a race to the bottom? Less salary means more profit for businesses and/or cheaper products
73.
by witty_username 10y ago
~$ ping imgur.com PING imgur.com (151.101.40.193) 56(84) bytes of data. 64 bytes from 151.101.40.193 (151.101.40.193): icmp_seq=1 ttl=53 time=342 ms imgur.com works fine ~$ ping python.org PING python.org (23.253.135.79) 56(84) bytes of da
74.
by witty_username 10y ago
That only adds about 200-300ms RTT I'd guess. I live in India and use many websites which are hosted in the US, and they work fine.
75.
by witty_username 10y ago
What is the externality here?
76.
by witty_username 10y ago
Just like stealing, hurting people is not part of capitalism. What is "too much"? Do people here, who are mostly globally (and often nationally) rich, earn "too much" money?
77.
by witty_username 10y ago
What is wrong with greed? Most people want more money. Is it wrong for a poor person to earn more money? https://www.youtube.com/watch?v=RWsx1X8PV_A
78.
by witty_username 10y ago
Subsidized internet presumes that poor people would want to spend the money on internet rather than something else. A better way is the NIT (negative income tax) which simply gives money to the poor and lets them decide how to spend it.
79.
by witty_username 10y ago
> Another sign the world is moving towards a cyberpunk future, with extremely unevenly distributed outcomes. No. Global inequality has been decreasing in the past 2 decades. There used to be a bifurcation in income but now there isn&#x27
80.
by witty_username 10y ago
People are shareholders to make money. > This puts you almost directly at odds with all non-shareholders who are negatively affected by increasing profits. Economics is not zero-sum. Few people such as competitors will be negatively affe
81.
by witty_username 10y ago
> As a corollary of 2nd Celine Law: Freedom of association is only possible between equals. Why? > What I am talking about is that it is good an proper to have employee friendly Labor Laws, because under ordinary circumpstances the as
82.
by witty_username 10y ago
What is wrong with corporate greed? I want the best returns out of the corporations I invest in. > Question how we're conditioned to think of lower corporate profits as a bad thing. Perhaps it is my neoliberal worldview, but I think
83.
by witty_username 10y ago
I'm not saying a person is perfectly rational. But if you don't like something just don't do it. Corporations aren't forcing you. Could you give an example of how you can't say no to advertisement?
84.
by witty_username 10y ago
Corporations don't force it on you. People voluntarily use that. Corporations provide those things because people want them.
85.
by witty_username 10y ago
> By the same logic, medical schools are counterproductive because by making getting a degree harder make giving healthcare advice harder. Ditto for law schools. They do make healthcare and lawyers more expensive. It is a question of whe
86.
by witty_username 10y ago
Why? "Reasonable" protections unduly impose costs on companies and may cause disemployment effects. Now I know you'll say "companies are evil", but shareholders and banks loan to companies. When companies make profi
87.
by witty_username 10y ago
Labor regulations are counterproductive because by making firing harder they make hiring harder.
88.
by witty_username 10y ago
> I'm not sure that we have a name for the economic model I'm thinking of. I think "capitalism" is too high-level or broad for the system I'm talking about. I'm thinking of the model that: Profit should be m
89.
by witty_username 10y ago
Copyright has already been incorporated into capitalism. It's already part of the model. Intellectual property is just another form of property.
90.
by witty_username 10y ago
> The development of science and technology was only possible with scientists and engineers communicating their results via mailed journals, for starters. Everybody benefited from that, not just the scientists and engineers themselves. T

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