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
> Putin is the head of a "virtual mafia state" And what was Russia the year before Putin became head of it? It's not like corruption came in with Putin. Most Russians I know think Putin has lowered the amount of…
> 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…
A century and a half ago, Karl Marx said the only force outside of nature which could create value was labor. This was not a new concept, but in line with what economists before such as Adam Smith had thought. A…
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…
I'm an American, and my e-mails, text messages, phone calls, and I guess even this post I am making right now is being eavesdropped on by the NSA. Snowden informed me of this. The fourth Amendment to the Constitution…
> 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…
> Economists don't like protectionist unions. He who pays the piper calls the tune.
> Relying on Neumanns Behemoth, which depicted modern capitalism as Nazisms main basis, they argued that the revitalization of German democracy depended on a socialist overhaul of the countrys economy, failing to…
> what professionalism means. It's less about the neckties and watercooler politics he imagines and more about treating your peers with basic respect and human dignity What planet did you just descend from? And what are…
> [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 piece is so awful, no wonder it's a Wall Street Journal op-ed...the WSJ is a good paper, but its editorial page was always screwy, even before Rupert Murdoch bought the Journal. Woolsey of course does what you'd…
"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…
"The shift is occurring so quickly, and the potential costs are so high, that some fear rural China is once again the site of radical social engineering." Yesterday Detroit announced it would be defaulting on billions…
The Wikipedia article is correct and covers most of it. Technically it is correct the current list is from 1982. But really the list surfaced in 1950. Another Wikipedia article to check out is…
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…