Anything that keeps the code monkeys in line is legal.
Ask HN: Why is Pave legal?
221–230 of 523 posts
Re: Ask HN: Why is Pave legal?
#222Earlier quoted context omitted.
Can you give examples of the topic at hand, price fixing, that are justified? There are a handful of progressive forms of price fixing (e.g. minimum wage laws), but many others should be added to the Niskanen Center’s list of bad regulations in the Captured Economy.
Utilities that trend towards natural monopolies due to high barriers to entry like water and electricity infrastructure are often run by the government or heavily regulated because pricing would be extortionate if the market were allowed to set prices.
Yep, basic human rights are priceless, and by capitalist mechanics, their pricing will always converge at "how much can we get away with in the current economy?" Government oversight is the only way we currently have to manage this somewhat.
As an example in support of this, healthcare is barely price-regulated and hardly run by the government in America, and is thus extortionate.
Re: Ask HN: Why is Pave legal?
#223Earlier quoted context omitted.
You make an excellent argument here for tight regulation of the industry.
… and the usage? Most highly-paid people have no idea how much privilege this affords them. You wonder why so many businesses are nice to you? It’s because they’ve already looked you up and know you’ve got a high income and are a millionaire. Write a personal check for your next automobile? Sure thing, you can drive it off the lot a few minutes later. They won’t even bother cashing the check for a week or two. Try do…
The finance companies are nice enough that it doesn't really matter.
Bought mine with cash but realized it was Sunday and I didn't have a way to get a cashier's check from a savings account.
They offered to put the down payment on a credit card and finance. Paid it off once I had access to the account.
Ended up being a wash, the points were worth a little more than the percentage charge.
Re: Ask HN: Why is Pave legal?
#224Earlier quoted context omitted.
Well, if we're discussing whose data it is the information about how much I pay you , even from a devi's advocate perspective, you can't do better than arguing that this data pertains to both of us. So we should share the property of that data somehow. I don't see how you could argue that that data would be solely the employer's data.
If I administer a survey, collect responses, and put them into a spreadsheet, is the data in that spreadsheet not mine despite the fact that it consists of things that other people told me? I can't share it without the permission of those surveyed, assuming I didn't promise not to?
It really depends on which kind of data you're collecting. If you're collecting health related data that is linkable to the people it pertains to, the GDPR would prevent you from sharing that data with third parties without one of the admissible legal basis, the most common of which is the consent of the people whose data you collected. In the case of health data, maybe even USA laws would prevent you from sharing it.
Edit: it is now some time since I studied the GDPR, so I'm actually unsure if, for healt-related data, it can be used any legal basis other than consent. The reason being that health, together with a few other categories, has special protections.
Re: Ask HN: Why is Pave legal?
#225Earlier quoted context omitted.
You make an excellent argument here for tight regulation of the industry.
… and the usage? Most highly-paid people have no idea how much privilege this affords them. You wonder why so many businesses are nice to you? It’s because they’ve already looked you up and know you’ve got a high income and are a millionaire. Write a personal check for your next automobile? Sure thing, you can drive it off the lot a few minutes later. They won’t even bother cashing the check for a week or two. Try do…
This is the view from a bubble I am not familiar with, and really don't care about.
Re: Ask HN: Why is Pave legal?
#226Re: Ask HN: Why is Pave legal?
#227Earlier quoted context omitted.
You make an excellent argument here for tight regulation of the industry.
… and the usage? Most highly-paid people have no idea how much privilege this affords them. You wonder why so many businesses are nice to you? It’s because they’ve already looked you up and know you’ve got a high income and are a millionaire. Write a personal check for your next automobile? Sure thing, you can drive it off the lot a few minutes later. They won’t even bother cashing the check for a week or two. Try do…
Personal check? You can buy a car in full with a credit card if you pass the vibe check.
Re: Ask HN: Why is Pave legal?
#228Earlier quoted context omitted.
> your data Is it yours though? The employer could probably argue that it's theirs. Devil's advocate: I think it's widely understood that entities can be transparent with their data if they choose, other than NDA scenarios.
Most companies request people not share pay information. Information asymmetry is a huge deal in negotiations.
They can request it, but can't stop you if you do.
You can also request them to do likewise, with similar recourse.
A request is nothing without teeth behind it.
Re: Ask HN: Why is Pave legal?
#229Earlier quoted context omitted.
> your data Is it yours though? The employer could probably argue that it's theirs. Devil's advocate: I think it's widely understood that entities can be transparent with their data if they choose, other than NDA scenarios.
Most companies request people not share pay information. Information asymmetry is a huge deal in negotiations.
But in the US, federal labor law makes it illegal for employers to prevent employees from sharing pay information (at least for employees who are entitled to unionize).
Re: Ask HN: Why is Pave legal?
#230Earlier quoted context omitted.
unless disclosed to employees and applicants this seems like de facto colluding. I always ask myself, as to the legality or ethics, would this survive review by a jury of my peers...
You think it is more ethical for wage data to be kept secret? Why? Rarely is requiring secrecy the more ethical option.
I never said that.