47 karma · joined September 17, 2019
If a group of employees wants to band together and collectively bargain, that feels like it should be allowed, but if the company wants to completely sever ties with that group or if an employee wants to be hired and not associated with the group that should also be fine.
I agree that the balance of power is tilted in favor of capital over labor and that imbalance has been continually growing over the past several decades, but it feels like there should be a better solution than legally protected unions. For example:
- Increased relocation assistance for people who need to move for a job
- Improved safety regulations, which is a common reason employees decide to unionize in the first place
- Increased public sector employment to provide more alternatives to those in exploitative private sector jobs
All of these seem like better ways the govt can help workers than legally protected unions.
Similarly in the stock market, when things are going poorly, people are eager to understand what happened, so a "correction" is a comforting explanation that the underlying asset is still solid and it's just market dynamics at play. But when the stock markets go up unexpectedly, people are generally happy to accept their good fortune without thinking too much about it.
FB's rebrand seems targeted to everyday consumers, so I would bet their brand strategy would change to cater to that, in a way that Google/Alphabet never cared to.
Unless you make up this difference with immigration, you have a declining population, which creates all sorts of short term issues.
Given that western countries have become increasingly hostile to immigration, especially from developing countries, trying to increase birth rate in western countries is a reasonable thing to explore imo.
[0] https://en.wikipedia.org/wiki/List_of_sovereign_states_and_d...
[1] https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?location...
By using the carrot instead of the stick, you protect yourself somewhat from these disgruntled employees tanking your public image.
How is this different than any other kind of media like TV, magazines, newspapers, etc.? All of them are trying to make their product engaging so that you consume more of their media and more of their ads. Just because those services also charge a subscription fee, doesn't change the dynamics of what they're trying to do. Social media has maybe just been more successful in doing so, partially because
> The fact that we bring our phone everywhere, that there are push notifications
So the dynamics have always existed in previous platforms, it's just been ratcheted up to a higher level with social media.
That's because most storage facilities require insurance and no one is trying to buy it on their own, so they accept whatever the facility offers them.
I think we should encourage this type of activity while condemning the negative externalities of people's actions, as opposed to blanket condemning "human greed" as a whole.
This isn't quite correct. If all parties go to withdraw their money at the same time, the bank will not be able to give it, because they only actually have $1M in reserve.
In practice, if there are more withdrawals than than the bank has in reserve, it is usually able to get short term loans from the central bank which than ACTUALLY creates the money and loans it to the bank.
However, over the long-term if too many of the bank's loans default, they won't have enough assets to cover the deposits, which is how banks usually fail.
If it's perfectly clear what it covers, then the employee can decide whether it's acceptable, try to negotiate it, or decline the terms, just like any other provision in a contract.
Github source: https://github.com/amurthy1/coviz
Let me know down below if you have any questions/comments.
This is most pertinent at the local level where your vote has more impact and it's more feasible to take action on specific issues when you learn about them.
Reading about presidential scandals every day when you likely already know who you're voting for just drags you down and benefits no one besides the media companies profiting off your attention.
I would say the former is a much more widely held belief, although we have no way to know if the latter is actually happening.
But agree that there's diminishing returns from these insights and focusing more on the specific details of your life is usually more impactful.