knughit

7 ms·

1.
by knughit 10y ago
The greatest crime a capitalist can imagine is an employee getting paid the amount they are promised, in excess of that they deserve. The greatest virtue a capitalist can imagine is an employer making profits in excess of their contribution
2.
by knughit 10y ago
Is it ironic? Europe's great modern wealth is socialist capitalism. The original canonical work on capitalism, Adam Smith's "On the Wealth of Nations" lays this out clearly.
3.
by knughit 10y ago
Well, it came from being the children of people who provided a good or service, and likely in large part due to illegal unfair competitive advantage.
4.
by knughit 10y ago
Dividends, yet. But not all stock growth is due to realized profit. Look at AMZN for example.
5.
by knughit 10y ago
Inflation punishes people who assets. Poor people only suffer when their nominal wages don't grow to match inflation -- but that's exactly the same as their employers lowering wages in an inflation-free environment. Inflation is o
6.
by knughit 10y ago
There is no need to insert arbitrary ageism. It just makes you look immature, whatever your age.
7.
by knughit 10y ago
Arabs use "Sharia" like Americans use "Liberty". They just use the word because it sounds respectable, but they make it mean whatever suits their power.
8.
by knughit 10y ago
How is the Western rejection of Christianity coming along?
9.
by knughit 10y ago
Can I watch Lawrence of Arabia to start?
10.
by knughit 10y ago
He wasn't communist, and that nonsense worldview is why they missed the problem. He was an opportunist, like many people in all governments. He sold info to russians while others just sold contracts to friends or embezzled directly. I
11.
by knughit 10y ago
Similar track record to 21st century USA FBI
12.
by knughit 10y ago
They did. 100% share.
13.
by knughit 10y ago
Does z.cash prevent deanonymization via IP traffic analysis? Does it resist clusterization?
14.
by knughit 10y ago
What's not accurate?
15.
by knughit 10y ago
Finance theory disagrees with you. A dividend lets the investors choose if they want to buy more shares (from the same sellers who would sell in a buyback) or mix their current shares with the cash.
16.
by knughit 10y ago
Unbalanced comparisons. Basic income frees people to do private work. Government projects, to be comparable, would have to pay people for their work, as you know,and also add a premium to cover the time spent. Basic income and government sp
17.
by knughit 10y ago
He history books that are full of strikebreakers and company stores beating and robbing employees?
18.
by knughit 10y ago
How does that compare to a capitalist killing a 1000people in one day by collapsing a building on them? (Rana Plaza)
19.
by knughit 10y ago
An important part of a manager's job is helping keep self-centered self-unaware primadonnas contributing productivity to the team, despite their short-sighted immature attitude. It's rather like parenting in that respect.
20.
by knughit 10y ago
Interesting, because Japanese is stereotyped as a very rule-following culture. But maybe that applies to social rules, not legal rules.
21.
by knughit 10y ago
"Tiger Mom" had a Chinese flair, but an extreme work ethic is seen in many subcultures of cultures. In USA it is called the Protestant Work Ethic
22.
by knughit 10y ago
Are Korean and Chinese not like factories? I always thought they were more so than American, to the point of famously turning out people who have a bizarre ability to imitate knowledge but not have it (much like Chinese factories can fill d
23.
by knughit 10y ago
Why can't lower class women marry lower class men? Half of Japnaese are women, right? I mean, it sucks, but it should suck in a gender balanced way.
24.
by knughit 10y ago
Right. In GAAP, the technical term for the difference between a business's total assets (minus liabilities) and it's valuation price is "goodwill".
25.
by knughit 10y ago
AirBnB pretends to be a social matching service with money just for covering expenses.
26.
by knughit 11y ago
To understand Go, you need to stop thinking in terms of black marks and start thinking in terms of tradeoffs across a whole language.
27.
by knughit 11y ago
Golang, not Baduk :-(
28.
by knughit 11y ago
"going public" means taking investment from the general public, nothing to do with profit level.
29.
by knughit 11y ago
I am sure this has a lot of appeal for libertarians. One has to ask, though, can this system of law support a high-GNP economy, with high-efficiency complex interactions among strangers.
30.
by knughit 11y ago
Remember Google Glass. Google is worried about public rejection of uncanny valley scary robotic/AI. That could undermine acceptance of its AI projects.

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