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Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

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Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#61

Post by gertef »

WaxProlix wrote: post #24
matt4077 wrote: post #4

Matt Levine says it best: "[..] but I have to confess that it seems odd to me to denounce Nazism out of fealty to shareholder value. You can just denounce Nazism because you're not a Nazi! This is a financial newsletter, but I have never assumed that the operations of capital are autonomous and self-executing, or that executives are robots who are programmed to maximize shareholder value to the exclusion of all other…

> I have never assumed that the operations of capital are autonomous and self-executing, or that executives are robots who are programmed to maximize shareholder value to the exclusion of all other considerations. But that is how it works, right? If you don't maximize shareholder value you can be ousted, if you don't where others do you will lose in the marketplace and cease to exist. Isn't that competitive ruthlessn…

> you don't maximize shareholder value you can be ousted,

If shareholders value not collaborating with Nazis, then not collaborating with Nazis generates shareholder value.

Shareholders as a group have no need to be less good than themselves individually.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#62

Post by whytaka »

WaxProlix wrote: post #30

> You can believe that broad common ownership of the means of production can still foster competition, while also thinking that that common ownership should be allocated by capitalist methods. I don't understand how this would work - anyone more economically versed care to chime in on how you could have common ownership of the means of production that was also distributed capitalistically?

Where are you citing this from?

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#63

Post by gertef »

ep103 wrote: post #17
gremlinsinc wrote: post #15

Earlier quoted context omitted.

It was already clear that nothing of substance...was going to come out of this entire 4 year term... I think you meant to say..

Only if we're lucky. Repealing obamacare without a replacement came within a single vote.

That's Congress not the Executive

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#64

Post by bousaid »

davidreiss wrote: post #58
matt4077 wrote: post #4

Matt Levine says it best: "[..] but I have to confess that it seems odd to me to denounce Nazism out of fealty to shareholder value. You can just denounce Nazism because you're not a Nazi! This is a financial newsletter, but I have never assumed that the operations of capital are autonomous and self-executing, or that executives are robots who are programmed to maximize shareholder value to the exclusion of all other…

Is there a reason for the love that some on HN have for Matt Levine? Seems like every finance related topic brings up matt levine. > Matt Levine says it best: Is that the really best?

I actually just started reading his newsletter a few weeks ago. His writing is akin to the comments you see on Hackernews: insightful, appropriately opinionated, backed up by experience in industry.

He also adds a wittiness that makes reading his material a pleasure.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#65

Post by orclev »

Consultant32452 wrote: post #49
Analemma_ wrote: post #42

Earlier quoted context omitted.

Sigh. "Virtue signaling" has become yet another formerly-useful concept now drained of all meaning because everyone uses it to mean "thing I don't like" (ironically, usually because they're virtue signaling). Listen up: people, including CEOs, actually can have their own opinions on things. They can decide "hey, I don't want to support this guy who refuses to condemn neo-Nazis". That is hardly an unthinkable prospect…

A neo-Nazi killed someone and Trump's first response was to condemn all hate and violence. Was that some sort of secrete white supremacist code that meant hate and violence from neo-Nazis is totes cool? Is that seriously your narrative?

The problem is that his first reaction was to basically say both sides were equally wrong. In this context the two sides where A) neo-nazis and white supremacists, and B) counter protestors who were there to oppose the neo-nazis and white supremacists. This was not a BLM rally, this was an alt-right rally. There might have been some BLM members there, there might even have been some antifa there, but the majority of the crowd that was there was a reaction to the alt-right and in opposition to them, not acting as a member of some other group. By saying both sides were equally to blame he was saying that opposing neo-nazis and white supremacists was wrong. Additionally by not calling out the neo-nazis and white supremacists, and instead merely talking about violence, he's tacitly providing support for them, he's saying that it's only the violent act that was wrong, not the racists or fascists.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#66

Post by gertef »

WaxProlix wrote: post #30

> You can believe that broad common ownership of the means of production can still foster competition, while also thinking that that common ownership should be allocated by capitalist methods. I don't understand how this would work - anyone more economically versed care to chime in on how you could have common ownership of the means of production that was also distributed capitalistically?

That's just what a stock market is, if stocks are owned broadly by members of the public.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#67

Post by qntty »

WaxProlix wrote: post #30

> You can believe that broad common ownership of the means of production can still foster competition, while also thinking that that common ownership should be allocated by capitalist methods. I don't understand how this would work - anyone more economically versed care to chime in on how you could have common ownership of the means of production that was also distributed capitalistically?

Stock grants to employees?

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#68

Post by gertef »

dmode wrote: post #53
corporateslave3 wrote: post #18

Earlier quoted context omitted.

In what ways has Trump done anything similar to Hitler?

Here are some specific things that Trump has done that are very similar to Hitler: 1. Created a narrative via dog whistles that white folks are actual victims in this country in the hands of minorities, immigrants, BLM etc. A strong undercurrent of "us" vs. "them" narrative. As a result a significant portion of Republicans believe that white people are more discriminated in this country 2. Undermined free press with…

Sinclair was well into its takeover before Trump took office.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#69

Post by davidreiss »

corporateslave3 wrote: post #18
gremlinsinc wrote: post #14

Earlier quoted context omitted.

Pretty sure that's part of it, but I'm also sure most of these people/ceo's are definitely not closet Nazi's and they definitely don't want another Hitler to rise in America as that would definitely be bad for business...

In what ways has Trump done anything similar to Hitler?

His daughter is jewish and his son in law is jewish, so that must mean he hitler.

Re: Trump Strategic and Policy Forum, Which Included IBM and GM CEOs, Disbands

#70

Post by davidreiss »

eggpy wrote: post #26
mulletbum wrote: post #23

Earlier quoted context omitted.

Attacked the media and placed almost all the blame for American hardships on immigrants?

'so-called judges' is a terrifying precedent...

So-called judges once ruled that blacks were property rather than human. We have a long history of "so-called judged".

Go read about what lincoln felt about judges.

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