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ALoafOfBread

@ ALoafOfBread @lemmy.ml

Posts
3
Comments
674
Joined
3 yr. ago

  • Removed Deleted

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  • Nope! None of those situations should be motivated by profit imo. Basically, nothing that is necessary for life should be for profit, in my opinion, as long as the state can handle the administrative burden.

    But like... if the people demand some random, superfluous thing and the state doesn't have the will or resources to produce it, maybe that's where markets come in.

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  • All they have to do is effectively use the public funds alloted to do the things they're tasked with doing. Not everything should generate profit.

    For so many services, profit-seeking creates perverse incentives. Well... all services. But maybe it's tolerable in some circumstances.

  • Texas Rep. Al Green waves 'Black People Aren't Apes!' sign, gets booted from SOTU

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  • Came here to say this. I get what he's trying to say, but we are all definitely apes. And that's pretty cool - apes are awesome.

    https://en.wikipedia.org/wiki/Hominidae:

    The Hominidae (/hɒˈmɪnɪdiː/; hominids /ˈhɒmɪnɪdz/), whose members are known as the great apes,[note 1] are a taxonomic family of primates that includes eight extant species in four genera: Pongo (the Bornean, Sumatran and Tapanuli orangutan); Gorilla (the eastern and western gorilla); Pan (the chimpanzee and the bonobo); and Homo, of which only modern humans (Homo sapiens) remain.[1]

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    Donald Trump's Parents

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  • Anyone know what's up with Fred's head? Did he have some sort of congenital deformity or did he have part of his skull removed or something?

  • Student who punched another student holding pro-ICE sign at Lake Zurich High School received 2-day suspension

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  • Administration: "Okay, potato... err... Spud. Here's our suggestion: Don't support murder and internment of minority groups. Especially publicly. It's likely to make people angry at you and may be dangerous."

    Potato: "No that's my only hobby"

  • Your car is here.

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  • How to find nazis

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  • The fundamental flaw that these "centrists", conservatives, and fascists fall prey to is the human tendency to rely entirely on vibes - or rather the weakness of allowing your beliefs to be formed through vague concepts rather than facts.

    The people making the arguments that these people parrot back say that fascism either has no meaning or means ONLY Nazi Germany (typically not even Fascist Italy... where the term comes from).

    So, when Trump calls Harris or Biden fascist it's just a meaningless cudgel to signal that to be in the in-group you should dislike them (he's accidentally a little correct on the facts, but that's beside the point). This is their understanding of the term and how they think others use it.

    When we call modern Fascists fascists, we are talking about specific beliefs and behaviors that align them with the ideology of Fascism.

    The conservative mind literally cannot comprehend this - largely because they have a strong belief that no one can actually be fascist. It's a combination of willful ignorance and a strong reliance on tribalism while still accepting that being a fascist is a bad thing only because of its connotations, not because of what being a fascist actually means: because, for them, it doesn't have meaning.

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    heroes_irl

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  • A24 please do this

  • Just saying

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  • Where does it go?

  • Pretty solid offer.

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  • I receive: being in trouble

    You receive: "okay"

  • soon you too will own nothing and be miserable

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  • I think Milei is a true believer. He's devoted his life to the study of ridiculous AnCap economics. I think he thinks that making his & his buddies' wallets fatter is how you fix the Argentinian economy. He's wrong and stupid, but I think he's good faith.

  • soon you too will own nothing and be miserable

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  • I mean, in some ways it helped initially. It's true that inflation needed to be dramatically curbed, and austerity & currency devaluation helped with that (while massively spiking poverty rates). Inflation is now largely under control, which is great, and they avoided dollarization while largely aligning the exchange rate with the black market "blue" rate. It's a problem that spending couldn't solve, and it made sense to try to make Argentina a more competitive exporter, etc. etc.

    BUT many of the changes he made could have (in my view: will have) seriously negative long-term effects: mass privitization of public sector agencies/programs, destroying unions and pro-worker regulations, massive deregulation, and elimating the country's ability to regulate business in the future, massively increased wealth inequality. Also, massive currency devaluation could cause an affordability crisis in Argentina, and paradoxically higher inflation or even an inflationary spiral.

    Also, the things that worked to curb inflation will only continue to work if their economy keeps growing, spending stays responsible, they maintain a fiscal surplus, etc. So far, that hasn't been the case - they had to rely on a massive US bailout (IMF + currency swap), poverty has remained high, and the long-term outlook for working-class Argentinians is extremely tenuous.

  • A succulent meal

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  • I've literally been doing this for lunches. Bake a loaf of bread, have a rotisserie chicken on hand for the week, a block of cheese. Boom. Lunch.

    And when I have some more time or am tired of that, make some porridge with oats and chicken. Maybe a little broth, some onions, seasonings.

    Dont underestimate peasant mode. Lunch for the whole week for like $12

  • Epstein didn't rule himself

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  • People believed them. That's why there are documents detailing various agencies' research into Epstein & co.

    If no one believed them, no one would have looked into it.

    Now, the Trump admin and captured agencies are trying to cover it up, redact abusers names, release victims names/info/pictures, cover the whole thing up, etc. But that's a different story.

  • Some programs really teach you to save regularly

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  • I've literally had that problem. More than once.

  • Where does the money come from?

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  • "acting in shareholders' best interests"

    That is from the loyalty section. Shareholders best interests are achieved by balancing the various duties, as I said.

    That is why I said that it isn't about short term profits necessarily. The best interest of the shareholders is not short term profit seeking that destroys the business. It is long term profits and a company that can continue to generate them.

    It would be very difficult to argue that decisions damaging profitability in the long term are in shareholders best interests.

    In this case, union busting, clearly executives think union busting is in the best interests of shareholders. If that isn't because of profitability, why is it not in their intersts?

  • Where does the money come from?

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  • https://online.hbs.edu/blog/post/fiduciary-duty-to-investors

    They owe a fiduciary duty of loyalty to shareholders - they (named executives) must act in the best interests of shareholders. So that doesn't necessarily mean doing everything possible at all times to maximize profits/share price in the short term, it does mean they need to attempt to do that in the long term while balancing that duty against other duties they owe (like to act lawfuĺly).

  • Veinhart Soul Engine and Swarm Core - The Resurrection

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  • I think it's neat. I've not seen builds like yours before - so it's been cool to see your style. Thanks for posting OC

  • Where does the money come from?

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  • True! Co-ops are great

  • Where does the money come from?

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  • It also depends on the state the company is incorporated in, but yeah that's true.

    And it is a duty to the corporation (legal entity), notably not to the workers themselves; so while the interests of workers and the corporation may align sometimes - you don't have to do what's best for the workers if it isn't best for the company.

    You still need to operate lawfully, and you can't pay so little that you can't hire/retain anyone, and you need to pay enough that you can hire people skilled enough to do the job, but you need to pay (ideally) only that amount and no more. Anything else takes away from profits and, you could say, makes the company less likely to succeed - if the company doesn't succeed, then no one would have jobs. Or so they'd argue.

    The same as for goods, the price of labor is treated by employers as "what the market will bear". For goods, that means higher prices, for labor it means lower prices.