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Comment Re:Miracles (Chips, how do they work?) (Score 1) 103

ii. Get rid of senior executives who are more interested in their fiefdoms vs. the company well being

I appreciate your ideas, but this will never work. Executives (and every other sane person at the company) will always be more interested in their own success than in the company's success.

Comment Re:who is reaping the benefits of living crisis? (Score 2) 26

Elon Musk doesn't eat 2000x what you eat, his vacations and housing isn't 1000x yours. He took nearly every penny from Zip2 and invested in what would become paypal. He then took most of that money and invested it in Tesla (and a little in SpaceX and some other ventures). If you had a magic wand to turn his and every Billionaire in the USA's wealth (5.7T) into consumption that would cover the US federal deficit for almost 3 years. But you would also lose all the means of production those people owned. All the jobs they employ.

I agree with a lot what you said but this is a false choice. Those jobs, those companies and that capital doesn't dispensary when Elon Musk is'nt a billionaire and only is still a very wealthy man. Even using him as an example. The $44B for Twitter, did he take the majority or even a plurality of his own wealth to do it? No, he went out and found investors and took out loans against his wealth (which are tax loopholes) who then funded that. Same with all his ventures and really any billionaire, it's one of those -isms of wealth, you always use someone else's money.

If instead you had 1000 millionaires instead of a single billionaire, they all invest their money, the capital is available. What you are describing is just "Great man theory" and some variant of Randian objectivism, not any type of economic reality. Billionaires themselves are not the problem itself but they are a symptom of an economic rot that requires correction.

Part of what boomers were born into was the post war "golden age of capitalism" in the US when marginal tax rates had very high rates at the top end, pensions were the standard for large employers, home ownership and construction was expanded and this was all during a time of intense government spending still on the sciences, research, etc.

This is what the boomers undid starting in the 1980's, instead of taking the continuing exploding productivity and capital technology created and investing in infrastructure, social services, education, human capital and research they enacted tax breaks, de-regulation and as you mentioned, protectionary measures for their own wealth.

Comment Re:Engineers start up, MBAs and DEIs close down (Score 1) 103

Hello, McFly? You're here complaining about DEI *right now* without any evidence of it happening *right now*

Your analogy would be the same as me saying "Hitler is doing terrible things TODAY* in which case you would be correct in saying "Hitlers dead bruh"

Comment Re:Engineers start up, MBAs and DEIs close down (Score 1) 103

You mean some Asian guys who didn't get into Harvard or Yale or other top 1% schools and firstly that is only a few cases, second those people obviously got into other prestige schools and thirdly that wasn't any "DEI" policy (which doesn't exist in the government) but affirmative action which has been gone for like what, 4 years now?

You won that one shouldn't you be happy? Jeez buncha sore winners over here. You won the Affirmative action case, you got Trump as President he (in his own worlds) "destroyed DEI across the nation" so what are we complaining about again?

Comment Re:Engineers start up, MBAs and DEIs close down (Score 1) 103

It's an argument that people claiming woke discrimination are not representing the issue honestly, not being honest about their intentions and they vote in a manner that does not reflect they actually care about this issue and if meritocracy is not the actual thing to care about then what are they actually caring about? Hmm...

My argument is not in favor of "woke discrimination" it's that the very idea of woke discrimination is a constructed media narrative solely intended to drive political battles.

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