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New York Times and The Athletic workers demand company scrap Kalshi deal

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Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#161

Post by monideas »

newspaper1 wrote: post #95
monideas wrote: post #17

Earlier quoted context omitted.

I wouldn’t use the term misandry because they also are interested in damaging women. “Turbowoke”, sure but we’re really just talking about mainstream American elite culture which is progressive. And young men are a particular target because they are generally the main threat to the status quo. Basically the NY Times is precisely an agent of the status quo.

I'm going to go out on a limb and say the institutional paper that lied to get us into the Iraq war isn't "turbowoke". The NYT is a propaganda outlet for the military industrial complex, not some sort of leftist activism.

It’s an outlet for elite American opinion, for the American ruling class. The particular opinions change over time but it’s fundamentally progressive because that is the ideology of the American elite and has been since the founding (the American Revolution was by definition revolutionary/leftist/progressive).

The Iraq war was predicated on the idea that you could or should “bring democracy” to Iraqis, this is fundamentally progressive view of the world.

An actual conservative approach would be something like 18th and 19th century European colonialism.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#162

Post by orangecat »

lotsofpulp wrote: post #73
basisword wrote: post #32

I find it really interesting that online sports betting, which has been a thing in my country for 15+ years and largely a non-issue, is suddenly a total shitshow once it gets legalised in the US. I feel like the US always takes things too far. I watch quite a few US sports and former athletes giving betting suggestions during broadcasts is absolutely insane. How can you go from being so restrictive to having absolute…

>How can you go from being so restrictive to having absolutely no limits overnight? In 2018, the US Supreme Court said the federal law preventing it was illegal. https://en.wikipedia.org/wiki/Murphy_v._National_Collegiate_... It was banned by the federal government in 1992 by an act of Congress (with bipartisan consensus and signed into law by a Republican president). The supreme court vote overturning it was also 7-…

It was banned by the federal government

Not exactly. The law was weird, and that's why it was overturned. It didn't make sports betting illegal federally, instead it prevented states from "authorizing" it, which the petitioners argued was an unconstitutional intrusion into the lawmaking ability of states in that it prevented them from repealing laws against sports betting that they had previously passed.

The full ruling is at https://www.supremecourt.gov/opinions/17pdf/16-476_dbfi.pdf, and the last paragraph sums it up: "Congress can regulate sports gambling directly, but if it elects not to do so, each State is free to act on its own".

The SCOTUS ruling didn't legalize sports betting; states chose to do that themselves once they were no longer prevented from doing so. Congress could ban it nationwide today, and probably they should.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#163

Post by giwook »

seizethecheese wrote: post #158
logicchains wrote: post #143

Earlier quoted context omitted.

https://en.wikipedia.org/wiki/History_of_gambling_in_the_Uni... >What's to say sports betting addiction won't become as severe as alcohol now that it's becoming more accessible to the public? Because it's been accessible for over a hundred years in many countries, from 1861 in the case of Australian horse race betting.

Under 1% of the population is not the same as under 1% of people exposed, and if we dramatically increase exposure, we probably will proportionally increase problem gambling. Regardless, this is a good point, this isn’t nearly as high as alcoholism or even drug addiction, I suspect.

It's not nearly as available as alcohol or drugs. Of course the percentage will be lower.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#164

Post by giwook »

logicchains wrote: post #143
giwook wrote: post #138

Earlier quoted context omitted.

Where is that "less than 1%" figure coming from or did you just pull that out from you-know-where? And alcohol has always been highly accessible. I have 5 stores within a 5 minute walk of me that I can get it from, and that's not to mention all of the restaurants and bars within that same radius. Addiction is addiction. Alcohol is one object of that addiction. Sports betting can be another. Porn, food, drugs, etc. Wh…

https://en.wikipedia.org/wiki/History_of_gambling_in_the_Uni... >What's to say sports betting addiction won't become as severe as alcohol now that it's becoming more accessible to the public? Because it's been accessible for over a hundred years in many countries, from 1861 in the case of Australian horse race betting.

Right, you could just walk down the street in 1861 and place a bet the way you could walk down the street and buy alcohol.

Wait, no. You couldn't.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#165

Post by newspaper1 »

monideas wrote: post #161
newspaper1 wrote: post #95

Earlier quoted context omitted.

I'm going to go out on a limb and say the institutional paper that lied to get us into the Iraq war isn't "turbowoke". The NYT is a propaganda outlet for the military industrial complex, not some sort of leftist activism.

It’s an outlet for elite American opinion, for the American ruling class. The particular opinions change over time but it’s fundamentally progressive because that is the ideology of the American elite and has been since the founding (the American Revolution was by definition revolutionary/leftist/progressive). The Iraq war was predicated on the idea that you could or should “bring democracy” to Iraqis, this is fundam…

There is zero progressive representation among the elite. The American Revolution wasn't "progressive", it was one of many steps that led to the genocide of Indigenous Americans. Using the military to murder Muslims isn't "progressive" either.

You should talk to actual lefists, they hate neo-liberalism even more than the right.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#166

Post by amelius »

azan_ wrote: post #155
amelius wrote: post #117

Earlier quoted context omitted.

If this whole efficiency argument means I'm going to make $1 more per month while some lousy traders make $100k more per month, then I'd say: to hell with "efficiency". Fairness and wealth equality are more important to me than $1. Also considering that these traders will use their $100k in ways that my $1 will become worth even less. For example by buying all the housing in my neighborhood and thereby increasing my…

It’s amazing how successful populism is, even HN is now full of populistic comments.

What makes your comment better or less "populist" than mine? What does populism even have to do with it?

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#167

Post by freejazz »

cft wrote: post #152
nomilk wrote: post #126

A great irony here is that Kalshi and media generally are competitors. When I make important decisions (e.g. understanding politics, where to travel and setup companies), I always value betting markets over hearsay (aka media). The former has real money at stake, whereas the latter often has no skin in the game (as well as a other issues; like herd mentality, sensationalism, incentive to tell people what they want to…

Prediction markets as a news source are politically unbiased and nonpartisan , and this is what the establishment people here don't like.

They are partisan. It's just whoever decides to make the bets. Like the 2022 election situation was just one big whale. There's just nothing about it that makes it inherently non-partisan.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#168

Post by donkey_brains »

infinite_spin wrote: post #29
toomuchtodo wrote: post #25

Earlier quoted context omitted.

It lasts for now, it won’t survive when the political pendulum swings back. “Make hay grifting while the grifters shine.” is the current MO. “Temporary economic strip mining operation.”

"Gather ye rosebuds while ye may" comes to mind

Grift while the grifting’s good.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#169

Post by cyberax »

logicchains wrote: post #141
amelius wrote: post #117

Earlier quoted context omitted.

If this whole efficiency argument means I'm going to make $1 more per month while some lousy traders make $100k more per month, then I'd say: to hell with "efficiency". Fairness and wealth equality are more important to me than $1. Also considering that these traders will use their $100k in ways that my $1 will become worth even less. For example by buying all the housing in my neighborhood and thereby increasing my…

Without that efficiency it'd be like the old days before electronic trading where you're paying 100x larger fees to a crusty old brokerage any time you want to trade.

Why would the fees be bigger? The old brokerages had to do manual work to put the bid on the trading floor.

Electronic trading doesn't need to go away. The trade itself might take some time instead of being functionally instant, but that's fine.

Re: New York Times and The Athletic workers demand company scrap Kalshi deal

#170

Post by monideas »

newspaper1 wrote: post #165
monideas wrote: post #161

Earlier quoted context omitted.

It’s an outlet for elite American opinion, for the American ruling class. The particular opinions change over time but it’s fundamentally progressive because that is the ideology of the American elite and has been since the founding (the American Revolution was by definition revolutionary/leftist/progressive). The Iraq war was predicated on the idea that you could or should “bring democracy” to Iraqis, this is fundam…

There is zero progressive representation among the elite. The American Revolution wasn't "progressive", it was one of many steps that led to the genocide of Indigenous Americans. Using the military to murder Muslims isn't "progressive" either. You should talk to actual lefists, they hate neo-liberalism even more than the right.

This is just simply and profoundly wrong.

This is a prole leftist take and proles by definition are very ignorant and don’t understand elites or what they’re seeing (if someone could they would be an elite). A prole leftist is basically just a sad walking disaster that is angry and wants free stuff and wants others to suffer. They’re not engaging with leftism on an intellectual level, they’re not romantically captivated by it.

As far as mass murder goes, generally speaking the purpose of the Great Leap Forward, the French Revolution, the Russian Revolution and other types of leftist movements isn’t to kill massive amounts of people but that is a very common result of putting progressive ideas into action.

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