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Comment Re:I think the lesson to be learned here. (Score 1) 33

"Free market" is a stupid propaganda cliche that is devoid of meaning.

There are two kinds of markets - competitive and markets with restricted competition.

The markets with restricted competition have the unfortunate feature of "economic profits", money in excess of the economically efficient rates of return. There is only one profitable way to invest this money, and it is to "invest" it into the political process, that is, to bribe the political system so that it extends and even institutionalizes the lack of market competition in favor of the companies that make the excessive profits.

Competitive markets are better in theory, but in practice there is no such thing - theory and ample and incontrovertible empirical evidence show clearly that a competitive market is an efficient, but unstable structure and that in the absence of regulation, even random fluctuations will lead to restricted competition and eventually full-blown oligopolies or monopolies.

Moreover, the power is concentrated in the hands of the executives, which means that this development also hurts investors, especially the small ones who don't have direct access to the government.

It is no accident that the most corrupt administration the USA has had at least since the end of WWII is moving away from regulation, protection of competition and protection of the small investor, it is all a reflection of the shift towards "free marketization", that is, blatant corruption of democracy in politics and competitiveness in business in favor of the new robber baron class.

Comment Indeed (Score 1) 35

The analyses of the whole mess and why it is a mess are getting better. Hopefully the inevitable collapse and return to sanity (with a few major players rightfully dead and soon to be forgotten) is not too far ahead.

Comment Re:Do it yourself (Score 1) 49

There are good reasons to touch raw pointers in some cases. The actual thing is to be very careful when you do it and really understand what you are doing and what risks you are taking. Most "coders" cannot do that. And hence the mess we currently have. It is entirely a skill and education issue, not a language issue. It is also a management issue in that the wrong people get hired. Add normal engineering liability (like all _other_ engineering field have) and the problem will go away. But so will quite a few major players and hence that desperately needed step gets delayed and delayed.

Comment Re:So MS/Google/Appl programmers aren't well train (Score 1) 49

You are mistaken. The problem is that that "top developer" does not mean "competent and careful developer that knows what they are doing" to most of the industry and even more so to MicroShit. It means "can produce code that works fast, does what the boss wants and who cares about safety and security".

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