2,057 karma · joined September 20, 2013
This unfortunately widely held belief is measurably wrong and reeks of all kinds of biases. White collar criminals are one of the categories most likely to reoffend. Recidivism is much higher in white collar criminals precisely due to the leniency they often experience and the powerful financial motives associated with these types of crimes.
For violent crime 38.9% of convicts were arrested for new crime within 3 years of release. White collar crime on the other hand had a 58.8% 3-year recidivism rate.
White collar crime poses systemic risks which violent crime doesn't to the same extent. It undermines confidence in institutions by creating corruption and waste, enriching few at the expense of many. When it becomes normalized and widespread this kind of crime can destroy a country's economic and political systems.
Is Elon Musk liberal? What about Paul Graham, Larry Ellison or Peter Thiel?
There is an enormous difference in the politics of rank and file employees at most tech companies and the founders/executives/management. This is true of nearly every industry. If you think the biases of regular tech workers matter more than the biases of the management and leadership of these companies — or fail to make a distinction — then you will probably come to a different conclusion about the biases of the industry as a whole.
As for the hippies, I think it's admirable that they actually made the effort to practice a different way of living, even if it was short lived. Very few people or movements are brave enough to even attempt such a radical experiment. The unfortunately common idea that the way we live now is the only way or the best way demonstrates a poverty of imagination.
And the advertisers didn't just leave because of Musk's public comments. Musk didn't just fire engineers. He also fired the teams responsible for managing the accounts of major brands and keeping them happy (every business that sells ads employs account managers for good reason).
Twitter is absolutely doomed because Elon Musk nuked its entire business with no plan for how to make money. The company is now wildly unprofitable due to the collapse of ad revenue combined with its obligation to service the debt Elon saddled Twitter with through the acquisition. As soon as Musk gets bored of Twitter he'll sell it off to some C-tier media conglomerate for pennies on the dollar, which will conclude probably the single biggest individual financial blunder (measured by dollar-value-destruction) in the history of capitalism.
I'm not sure I've ever encountered a more egregious example of the professional self-flattery you hear all the time from journalists. James Bennet is utterly blind to his real function within these institutions. The piece is at least useful as an unwitting illustration of journalists' ideological belief in their own nobility and importance.
It comes down to the fact that other people may do things which we find distasteful or even offensive. You will never, ever be able to get a large group of people to conform to standards of personal behavior to the extent that this is not true, and so privacy becomes a necessity. But as long as those things aren't causing real harm then they simply aren't my business or that of the government.
In my opinion the only worthwhile discussion when it comes to privacy is what constitutes harm and whether a given harm is possible to prevent without causing even greater harm through restriction of privacy and anonymity. In many cases when it comes to safety and privacy, the cure can be worse than the disease.
In reality that's not what happened. Amazon has had a very large unsubsidized office in Manhattan which predates their "HQ2" proposal and has quietly grown even larger in the years since I interviewed there. That they have significantly expanded their corporate offices in Hudson Yards without subsidy suggests that the tax breaks were unnecessary to begin with. Amazon was always going to staff up in NYC regardless of whether they got the tax break or not.
In general, subsidies of that sort for companies operating out of desirable locations like SF and NYC are unnecessary because the employer needs access to the highly educated talent pool in those cities far more than the city needs any individual employer.
I had no idea this kind of attack was possible and I don't know how it works or whether it was related to the T-Mobile breach. Had the hackers attempted an account takeover using the information they collected from me they could conceivably have stolen all of my savings.
So far this has worked great for me. I've gone from 213 -> 192 pounds and built a little bit of muscle, though not a ton because I've been eating at a moderate caloric deficit. Diet is a huge component depending on what your goals are and I had to learn to love salad. Once I get down to 180 pounds I'll probably switch things up and start eating more and lifting more frequently in order to bulk up.
[1] https://www.amazon.com/dp/B01J8S38LW?tag=verywellfit-onsite-...
The level of arrogance and stupidity required to witness the (still ongoing) catastrophe in global supply chains from the COVID-19 pandemic and not reassess any of one's opinions on globalization is simply staggering. It's either criminally negligent or deceitful not to even mention COVID-19 in a discussion of globalization in 2023.
> The death of [the hope for a democratic China]—combined with the migration of a million manufacturing jobs to Chinese factories—caused America to fall out of love with globalisation.
Ok, so the author is acknowledging that globalization cost the US a lot of manufacturing jobs (though there's an obvious downplaying of that loss here). Great!
> Reindustrialisation will raise prices, hurting the poor most.
Now the author is arguing the other side of the exact same point! What about the manufacturing jobs the author just said were lost to globalization? Does the author have brain damage?
> Democrats and Republicans alike worry that the loss of America’s lead in advanced chipmaking to Taiwan will undermine its ability to develop artificial intelligence—on which, they predict, armies of the future will rely to plan strategy and guide missiles.
This totally misunderstands the nature of the conflict. TSMC is the biggest fab of the most sophisticated microprocessors in the world, processors which we all rely on every second of every day. The entire global economy needs these chips to function and US companies need the best chips to put in their products so they can be competitive. For simple economic reasons and complicated historical reasons China really wants to reintegrate Taiwan into the PRC. The US can't tolerate that because it would put China in direct control of the world's biggest supply of advanced semiconductors. It has nothing to do with artificial intelligence and everything to do with control of economic resources.
> America must also woo emerging powers. By 2050 India and Indonesia will be the world’s third- and fourth-largest economies, projects Goldman Sachs, a bank.
Minor quibble, but why include this appositive? Does anybody who reads The Economist not know that Goldman Sachs is a bank?
And there is simply no comparing the status of women in China or Russia to Saudi Arabia.
Combine that with Saudi Arabia's barbaric public beheadings and you're talking about a modern dystopia that many in the US would rather ignore out of convenience. Another common response is to distract from their crimes by hyping up other bogeymen in more direct competition with the US.