CleanedStar
- Karma
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- December 29, 2012 (13y ago)
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"Hacker News...it's Slashdot but with more self-importance!" -- jwz
More jwz wisdom - http://www.jwz.org/blog/2011/11/watch-a-vc-use-my-name-to-sell-a-con
Also good - http://monthlyreview.org/2008/12/01/financial-implosion-and-stagnation
> You'd have two classes of citizens: the workers and those who are effectively parasites off the workers You already have that, it's called workers, and the heirs who don't work and live like parasites off workers.…
> The conspiracy buffs are too busy howling in protest at the thought that their government could uncover how long they spent on the phone with their dear aunt. Let me break this to you gently. The government is not…
> But capitalism works based not just on what you can produce, but what you can withhold. It's a "tragedy of the commons" problem: if anyone can hit a "clone chair" button for zero cost, few would pay to sustain enough…
Absolutely. Several years ago I was at a company and we were hiring for a position. One guy came in, who was maybe in his mid-50s. His technical skills were excellent, he could answer any question thrown at him in…
> It is little surprise then that Western liberals no longer breed above replacement rates. Denigrating motherhood is not the way for a people to last the aeons of time. I believe the future of the West is profoundly…
> you can't train people to be stars Just like you can't train people to be star athletes. Except you can. Star athletes get free college tuition. Star college athletes get sent to training camps and minor leagues where…
During the twentieth century, US economists promoting the values of those controlling production talked about how production was fundamentally controlled by laws of supply and demand, and economic theories thinking…
> [Sarah Lacy] said the BART strike exacerbated what she sees as a philosophical divide in the Bay Area. People in the tech industry feel like life is a meritocracy. You work really hard, you build something and you…
Yes. One must remember that pre-colonization India, say, the Mughal empire, included not only India, but modern Pakistan and Bangladesh of course. Not a central point, but an important one. In the Wealth of Nations,…
Yes, a VC is looking to unshackle the middle class, thank you! Someone is looking out for the US middle class, Scott Kupor, managing partner Andreessen Horowitz apparently. Barf. Who is dumb enough to swallow this?…
Obviously there is very little rational analysis or response on HN to this article or the issues it covers. It's obvious from the wording of the replies of those who are more sympathetic and those who are less…
"This trend is one of the main causes of the increase in economic inequality in the US since the mid twentieth century. The person who would in 1950 have been the general manager of the x division of Megacorp is now the…
It's obvious you've been little involved in "activism", and thus know little about it. Many things bely this, including usage of the word activism - most serious "activists" I know call themselves organizers, not…
Particular qualifications to address economic theory? What is this, quantum mechanics? There is a fight and a struggle over how the pie is divided up. To call the arguments around this "theories" which one must be…
People can take note of this - Stalin fought the Nazis and liberated Auschwitz and other concentration camps, with over ten million Russian soldiers sacrificing their lives in the process. So who does this person say…
Engineers are underpaid. It is obvious to all of us in this respect. I'm not going to get paid $120k a year, unless my being there is generating $130k, or $140k, or more for the company. They're not hiring me to lose…
Of course you're right. There's no debate over this question, like say, physicists getting together to debate quantum mechanics, in a desire to all get to the truth together. This is a fight, a struggle over how the pie…
"the growth of Silicon Valley" - real meaning, "the growth of the profits of the heirs who own the majority of tech company stocks, are the VC limited partner financiers etc." "There are no unemployed competent…
FIOS means fiber optic which means the speed of light. Recent breakthroughs allow multiple signals down one fiber cable, which means multiple times the speed of light. Yes, the fault for slow service in the US, as…
Yes, the Democratic party is not left wing on either a global scale, as you say, or even on a historical scale. The Democrats used to support the Works Progress Administration and the Civilian Conservation Corps to put…
The truth is that the VCs have created absolutely none, zero of the wealth in Silicon Valley. All of the wealth was created by the workers who built these companies. If there is anyone other than workers at these…
"The occupy movement rallied against what they perceived to be a rigged game: a financial system that required their participation but did not offer them a seat at the table. Then they went home - maybe because the…
I realize it sounds hyperbolic to call some of your terminology Orwellian, especially since it is so commonplace in the US media, but it's kind of amusing how corporations took a look at citizen-voted,…
Obviously this is something good for the millionaires and billionaires and heirs in the US, and bad for workers. Workers are in an economy which is still at a historically high unemployment rate that has not been seen…
I'm afraid your analogy is stretched a little too far for me - that your open door leading to someone physically wandering into your personal living space is the same as some corporation with tens of millions of revenue…