• 0 Posts
  • 250 Comments
Joined 2 years ago
cake
Cake day: June 16th, 2023

help-circle






  • As new technologies arrive they destabilize societies. This can be good (the pill giving women freedom from unwanted pregnancy), bad (distilled alcohol leading to widespread alcoholism), or mixed (the Internet).

    There are always people in the upper echelons of society who yearn to be in charge. They seize any chance to take over. Sometimes this requires support from the masses. One way to do this is selling a dream of a better future for all. They may even believe it!

    If the power balance shifts there may be a time of genuine progress, but eventually the people with power figure out how to exploit the new system, and everything new is old again.








  • Firstly, I challenge the assumption that efficiency is the most important goal. This was addressed very convincingly almost 70 years ago in The Affluent Society:

    https://en.m.wikipedia.org/wiki/The_Affluent_Society

    This book explains that we should not use the same policies for a society which is constantly struggling on a knife edge between starvation and death. That was not the reality 70 years ago and is much less tha case today.

    Even if we assume that efficiency is the most important goal, what you are actually arguing for is well-designed markets as the tool to achieve that. I question even this, since a profitable company is by definition less efficient than one that makes little or no profit, since profit is the extra wealth that the company extracts after paying all bills.

    Even if we assume that a for profit market is the best way to manage resources and achieve efficiency, capitalism is fundamentally a bad model for that, since practices like hiding information from consumers or capturing regulators are great ways to increase profits without improving efficiency or managing resources effectively.

    tl;dr fuck capitalism. 😉





  • I don’t like the implication that people working for non-profits should make less money than people working for for-profit companies.

    If a network engineer makes $130k at a non-profit versus $140k at a for-profit, they are effectively donating $10k a year to the cause. Very few people making $130k are donating $10k a year.

    Yes, there are always more efficient and cheaper ways to work, but forcing non-profits to grind and answer and defend every penny spent just makes them shitty places to work on top of the financial hit the employees are taking. 😔