McKinsey, technocratic management, and structural inequality | Hacker News Reader

McKinsey, technocratic management, and structural inequality

theatlantic.com

Previous discussion: https://news.ycombinator.com/item?id=22231579

McKinsey originate nothing: neither philosophy nor policy nor specific recommendations. They provide cover for decisions already made.

They also provide coordination and legalisation of collusion.

That a firm like them even exists is symptomatic of greater systemic design flaws.

We should confront these flaws else not be surprised when endless games of corruption whac-a-mole keeps things unchanged.

Ffs, we're approaching 2025 and are still rooted in a primitive consumption-based economy which views any alternative to it as an existential threat, when in fact it is the existential threat.

"Many only consider the negatives of euthanizing those too old to work, however our model suggests..."

https://archive.ph/ERjV2

This is a good read, but the submission title should include [2020].

McKinsey is the messenger, but who sends the messenger? Taxes and regulation are also culpable.

There's always someone trying to spin capitalism problems into government problems. No, taxes are not the cause of inequality. If nothing, taxes are one of the few tools we have to reduce it.

Lol no they aren't. Taxes do not get used, they get burnt. The government does not budget based on taxes. They just spend whatever they are going to spend. Taxes are used to target specific inflation. This way they can keep everyone on the treadmill. Taxes are for the poor and working class, not the rich. You will not be able to convince the rich and powerful to tax themselves in any meaningful way.

This is absolutely not true for most countries; not everyone can just increase their debt mindlessly like the US does. My country, for example, has a budget and taxes make 90% of it. That means if we get more money through taxes, we can spend more on healthcare, education, infrastructure, etc.

Controlling inflation is also a good thing for most people, as higher prices will impact the consumers and the poorer parts of society. Ensuring abundant supply would be a better way to do it than reducing demand, of course.

Title needs (2020).

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