Message from @Miniature Menace
Discord ID: 619334535582187550
What disincentives?
i've met CEOs
they don't have a concept of money, they don't really care that their staff have none or seem to realise why it's a problem - they're utterly driven by status. the fat bonuses - it's all status like showing off a car
Hell, restrictions and taxes put on high earnings are actually one of the reasons the stock market is so fucking cancer.
<:doubt:511986509679820843>
Basically, due to diminishing returns of regular income, many high earning corporate actors tend to take a portion of their earnings in stocks and other such things, and then focus on *boosting* the growth of these things, rather than tending to the actual health of the company.
i'm "lucky" enough to have worked in a small company which is now huge, it used to be that the CEO was a guy who said hello to you in the corridor, hes gone now, the new types are all in an ivory tower
@Miniature Menace Growth is healthy for the company..
Those things are assets for the company as well.
Which can be liquidated and used.
Even if they do that. So what?
Let them crash their company.
Actual growth is healthy. Things like becoming better at supplying the needs of their customers and employees. This is healthy. What instead happens is shenanigans, pr, and bookkeeping wizardy to make their stocks look really good, so the shareholders take home more money.
That would be fine, if that's what actually happened. Crashing the company. But they often get bailouts, and have clever ways due to corporate structure of avoiding accountability for failure.
"bookkeeping wizardry" => fire some people
pretty much
Then don't bail them out.
at least that's what it is part of the time
yeah no joke, it happened last month at our place.
"too big to fail"
Then don't bail them out.
because unfortunately, it's all a hot mess, with people in the government administration deriving their own wealth from the stock market rates of these companies
2 weeks before the shareholder meeting 5 people i know directly lost their jobs - 3 redundancies and 2 bullshit firings, another entire team got TUPEd - that's just scratching the surface. they cleaned house before the shareholder meeting basically
It's all tied together. The establishment is rotten to the core.
the redundant people are being re-hired, in india naturally
lol
enjoy your spaghetti code
but the thing was so obviously a sudden 'adjustment' of outgoings, their management seemed to be taken by surprise by it too
anyway, I need to go eat
later
watching older chapelle stuff since i enjoyed his new one so much that upset the progressives
just shows how the goalposts have changed, because the content isn't much different yet this got rave reviews
Why is fully auto gay space communism and project venus on opposite sides?
It's the "Destiny vs. Will" axis. Not authoritarian-libertarian.
I'm aware
I guess, Fully Automated Gay Space Communism is "inevitable" by it's proponents, where as Project Venus requires will to achieve.
it would probably help if the person laying this out provided more of a definition for each of these things
Yeah, it would.