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Goodbye, Twilio

blog.miguelgrinberg.com

251–260 of 353 posts

Re: Goodbye, Twilio

#251

Earlier quoted context omitted.

> I don’t think any CEO can be moral if your primary obligation is “shareholder value”. I am really glad I am starting to see a lot more posts here on HN with regard to this fact. Capitalism is literally destroying everything and has proven itself not to be a viable system for long term sustainability and a healthy society and ecosystem. Some of the smartest people on the internet aggregate on HN and some have still…

> Capitalism is literally destroying everything You can't give credit all the credit to capitalism. Communism destroyed what was the fourth-largest lake in the world, which was so big that it was called a "sea"[0]. > Some of the smartest people on the internet aggregate on HN and some have still not figured this out. Either because 1) They haven't taken the time to look into the n-order knock on effects that are prod…

> You can't give credit all the credit to capitalism. Communism destroyed what was the fourth-largest lake in the world, which was so big that it was called a "sea"[0].

The age-old adage that if it is not capitalism, it must be communism.

> The age-old adage that anyone opposed to your viewpoint is either stupid or evil.

Which one are you? Sure my take was reductionist, but you are using my critique to distract is disingenuous. You are trying to defend capitalism by saying that you are not stupid or evil. If I have missed an adjective to describe people who have not discovered this ruthless system of destruction what would it be? Ignorant? Willfully Ignorant?

Re: Goodbye, Twilio

#253

Earlier quoted context omitted.

> making other people more rich at the cost of others Not everything is zero sum. There is a reason that when you purchase something both sides say thank you.

Some have more money than they can spend in a lifetime while others are homeless. This is the society we live in, created by capitalism that demands unsustainable growth.

The state takes 63% of our income here in France, and there are still homeless people.

I’d say the capitalists do a better job.

Re: Goodbye, Twilio

#254
post #239

Earlier quoted context omitted.

Stock buybacks represent excess profits which otherwise could be used for employee bonuses or salary raises. There's a lot of room for argument here, because it's not clear if in the absence of stock buybacks, that excess profits wouldn't go more directly into the pockets of the owners via direct capital withdrawal. But it's not an entirely invalid viewpoint. There really is a lot of room for reasonable minds to disa…

[flagged]

Yes

Re: Goodbye, Twilio

#255

Earlier quoted context omitted.

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If M. Proudhon thinks private property stinks so much, he should see what happens in places where there are no private property rights.

Proudhon was against state property too. Which is what you’re referencing. Try again

Re: Goodbye, Twilio

#256

Earlier quoted context omitted.

> I don’t think any CEO can be moral if your primary obligation is “shareholder value”. I am really glad I am starting to see a lot more posts here on HN with regard to this fact. Capitalism is literally destroying everything and has proven itself not to be a viable system for long term sustainability and a healthy society and ecosystem. Some of the smartest people on the internet aggregate on HN and some have still…

> Capitalism is literally destroying everything You can't give credit all the credit to capitalism. Communism destroyed what was the fourth-largest lake in the world, which was so big that it was called a "sea"[0]. > Some of the smartest people on the internet aggregate on HN and some have still not figured this out. Either because 1) They haven't taken the time to look into the n-order knock on effects that are prod…

Both state and capital can be bad. Of course.

Re: Goodbye, Twilio

#257
post #240

Earlier quoted context omitted.

Capitalism is the driving force behind everything you enjoy about your modern, comfortable life.

How is it the driving force behind everything comfortable? If another system was in place are you saying that we would not have had progress towards human comfort? And it seems you are assuming that I wouldn't give up a comfortable life for a more fair and just system with less market externalities? If your measure for success is comfort, then you are the exact person I am trying to convince that we need something el…

Because capitalism is the only system which incentives continual innovation through market competition, removes non-competitive organisations which fail to meet consumer demand from the market, and empowers consumers to make choices which are in their self-determined best interest.

Re: Goodbye, Twilio

#258
post #239

Earlier quoted context omitted.

Stock buybacks represent excess profits which otherwise could be used for employee bonuses or salary raises. There's a lot of room for argument here, because it's not clear if in the absence of stock buybacks, that excess profits wouldn't go more directly into the pockets of the owners via direct capital withdrawal. But it's not an entirely invalid viewpoint. There really is a lot of room for reasonable minds to disa…

[flagged]

There's tension over who gets profits. Should capital or labor?

It's a totally valid debate.

Re: Goodbye, Twilio

#259

Earlier quoted context omitted.

Homeless people also exist in non-capitalist economies so I’m not certain that is evidence of anything. Scarcity is the problem, not capitalism.

Scarcity of what? Certainly not money - there seems to be enough of that, it's just not in the poor people's hands

Scarcity of beds in mental institutions.

Re: Goodbye, Twilio

#260

Earlier quoted context omitted.

> making other people more rich at the cost of others Not everything is zero sum. There is a reason that when you purchase something both sides say thank you.

Some have more money than they can spend in a lifetime while others are homeless. This is the society we live in, created by capitalism that demands unsustainable growth.

> Some have more money than they can spend in a lifetime while others are homeless. > This is the society we live in, created by capitalism that demands unsustainable growth.

Who are you blaming? If you're so virtuous, why don't you give away half of your money to a homeless person?

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