Viewing profile — gmd63

Babying bad leaders who don't take responsibility for their actions is a good way to scare away good employees.

If you can use mountainous capital to sell at a loss in order to distort the market, yes, that's not a "Free Market", as in, the vaguely understood competitive marketplace armchair…

No, the point is to implement laws that foster holistic growth, not gamesmanship that ends in terminal illness.

I wouldn't call it brilliant. It's like cancer cells celebrating how fast they're growing.

Not sure why this is downvoted. Objectively true. Less than 50% of the popular vote, and that's just voting Americans.

Most Americans didn't vote for Trump.

Wonder how the founders/board/investors of the bad incentives factory would manage their site after a massive crowdfunding campaign bet that they'd all still be alive in 2027.

When ambitious competitors who can't accept loss or normalcy enter into a field that's saturated with skilled rule-abiding players, they'll cheat. Hypercompetitive fields will alwa…

To put it into context, 40 billion dollars is about 22,000 average lifetime earnings of a man in the US.

Xi Jinping has disciplined millions of officials as part of his anti-corruption campaign. That cannot be some corrupt way to silence dissidents while being popular with an allegedl…

I'm interested to hear your informed thoughts on why corruption charges still exist in China if everyone there knows how corruption is happening.

Access to corruption is never widely understood and accessible to every person, otherwise it would be written into law and stated plainly for everyone to see. Corruption is a form …

This is just the citizenry paying double tariffs. First, we bought the higher priced goods. Now, the companies are trying to take our tariff payments again, this time from the gove…

Because we don't want people whose profession is maximally exploiting perverse incentive structures to flourish. A society that grants outsized rewards to bad faith citizens is bad…

I'm interested to hear why you think that better pay wouldn't help the issue. Being comfortable with your living situation and feeling like you're respected in excess of your boss'…

I'm saying if the populace wants taxes to fund open source and votes for it, and maintainers just stop working on open source otherwise that's also the free market. Doing stuff for…

Yep. The reason employees don't care about their work is that caring for their work is not valued. Box checkers and opportunists proliferate as loyal craftsmen get screwed over rep…

Also requires a culture of respect for the people who are handling baggage - an important thing lacking in parts of society in the US, where working fast food is used as a pejorati…

We have a bunch of socially minded people providing free value in the form of open source that enjoy the gift they are giving to others. When they become aware that their charity d…

Needing to maximize shareholder value is a myth. There is no law that requires you to do that - people like to use the idea as an excuse to do scummy business.

They also allow people to convince those who trust that prediction markets are accurate barometers of likeliness that certain events will be likely with a meager amount of money.