So I would suggest that it is a "scummy thing to do", since if done by the majority of actors, it results in the collapse of a society.
Even modern America was largely born out of giants of industry serving their own self interest and fucking everyone else including the climate over.
Governments are build by people who serve a greater good, and they typically get replaced once they become too corrupt, but they become corrupt exactly because society as a whole is typically very self-serving.
If anything, the 'take-away' idea from Rome and her history is that you can 'take away' anything you want. Rome was many things at many times. The thesis is that there is no thesis.
Because that’s really not what I took away from classical history.
> wealth of Britain in 1900
Similarly this was at peak Empire time period, when a vast British Army was marching across South Africa herding colonists into concentration camps. What part of the wealth of the Empire was really freely acquired in a mutually beneficial way?
I’m going to pass on the labour practices of Standard Oil just because living standards in the US were on an unbroken upward trend during the entire period between its establishment and break up. This, combined with the US tradition of labour unrest make the idea that working conditions were slightly above slavery ridiculous. In a tight labour market you can’t treat free labour like slaves. They’ll leave. People who are willing to cross an ocean are not going to hesitate to move states for work, especially in an era of unprecedentedly cheap transport due to the railways. This is a myth, like the myth that the trusts gained their market shares corruptly. They gained it by increasing production and quality and driving down prices.
> University of Chicago economics professor Lester Telser, in his 1987 book, A Theory of Efficient Cooperation and Competition,4 points out that between 1880 and 1890, the output of petroleum products rose 393 percent, while the price fell 61 percent. Telser writes: “The oil trust did not charge high prices because it had 90 percent of the market. It got 90 percent of the refined oil market by charging low prices.” Some monopoly!
https://www.econlib.org/library/Columns/y2013/Hendersonbaron...
Lester Telser, A Theory of Efficient Cooperation and Competition. New York: Cambridge University Press, 1987.
Regarding Britain power was partially built on its colonies but its prosperity was not. If it had been we should be able to see it clearly in the growth rate of its economy after the conquest of Bengal or after the loss of India. Invisible in both cases. Economic progress in Western Europe was built on trade and industry, not plunder. If it hadn’t been the U.K. would have been vastly richer than Sweden and France richer than Germany. Despite the enormous disparity in colonial holdings they were roughly as rich. Colonies were everywhere a boon to the scions of the ruling classes, providing military and civil service posts but the economic impacts were nugatory. British wealth was as much a product of its empire as Italy’s, somewhere between trivial and non-existent.
Natural resources just aren’t that important.
Under competition, acting like this is the best way to raise to the top. If Amazon started penalizing fake reviews heavily, it would disincentivise its users to leave fake reviews. If they let companies get away with it, it'll be the only way to survive in their marketplace.
Do you have evidence for that, or is it your guess?
The study I am aware of on the subject concluded the best strategy in a competitive environment is to act fairly and assume fair play on everyone's behalf, but if someone crosses you, respond with all out force.
I think it's called "Generous Tit-for-tat". I don't think "be shitty when you have something to gain" is recognized as a good strategy in Game Theory.
This argues that, if 50% of used cars are good and worth $8000, and 50% are bad and worth $4000, and customers can't tell them apart on the lot, the buyers' expected value is $6000 so the sellers of good cars will make a loss and go out of business. That in turn will reduce the buyers' expected value to $4000.
Obviously, that issue is specific to markets without seller reputations, reliable independent reviews, useful warranties, or effective consumer protection laws. Is Amazon Marketplace that way? You be the judge!
I’m not sure it requires perfect information, just accurate recent information.
And I’m not sure that it doesn’t apply to the case where:
A) You can’t determine when the game will end, and
B) There’s very often several rounds.
That seems to cover “society”, in a broad sense.
How do you do that with Amazon? Stop buying from this one seller? Report them? But chances are you were not going to buy anything else from them anyway and I am not sure how much of a problem a report is. And you are not doing anything about the other bajillion bad sellers, so your next buying experience is like ly to turn out just the same.
But I'm not really sure. This Google search links to a bunch of papers on the subject. It's a well explored area of research:
https://www.google.com/search?q=repeated+prisoner%27s+dilemm...
I’ve literally never understood that idea, because it’s antithetical to what separates games from genuine conflict: adherence to social norms during contests.
Lying to make a sale is known as fraud, and “against the rules”, so to speak: enforcing that isn’t “hating the player”, it’s “protecting the game”.
Note I'm not saying this is practical to implement or easy to do, just that central authorities exist for this very purpose.
Is there a citation I can refer to about this statement?
I would argue that laws and regulations are to prevent the very impactful minority of actors that would willfully harm others to benefit themselves.
At this point it is philosophical either way, so you aren't going to get a citation confirming yours or his statements, but this isn't an unheard of belief.
People don't go out and murder people they don't like because it's both at the interest of themselves, and to society.
I recently read The Elephant in the Brain: Hidden Motives in Everyday Life, which discusses this topic in great detail.
> Is there a citation I can refer to about this statement?
'The Book of Life', page 1
Second, the "self-interest" argument doesn't excuse shitty behavior. It might be in my self-interest to steal my neighbor's wallet he forgot outside. It has money in it! Doesn't make it a good idea nor something I would consider as a "self-interested" person.
Plus, it's also in my self-interest not to contribute to lowering the bar of a review system. As someone who uses Amazon and other review sites, I don't like the idea of phony reviews, so even if I worked for a company that "depended" on these reviews, I wouldn't feel good about adding to the problem (nor would I feel good that my employer supposedly needs to rely on falsified reviews).
But if you start from the realistic premise that some actors are bad, the market feedback loop immediately rewards them - which forces other actors to make a choice between acting in similarly unethical ways or being punished for non-compliance.
The real shitty behaviour is Amazon's. It has ultimate control over this fiasco but Bezos clearly has no interest in stopping it - and it can easily be argued that's an example of the same systemic problem with market fundamentalism, but at a higher level.
Looks like they‘re going down the LinkedIn route: If you have so many business models that they start cannibalizing each other, it‘s getting dangerous.
After a point, anyone who points out the wrongs is seen as the deviant.
It seems to take a weird stance that self interest has to go hand in hand with productivity and free trade though, or else the sentiment is labeled anti-life or looting (or murder in later chapters). Its a bit of a strange argument, I'm not certain its as coherent as it is romantic.
Anyway, the book would not be nice about how it described a company that posted fake reviews.
Given this, it is beyond me how much attention and how large a following the book has gathered.
Takes an odd definition of honesty to conclude that it's a book about celebrating honesty...
If she could at least write entertainingly she could at least have done one thing right. As it stands she could have contributed more to society by selling hats. Even badly made ugly hats keep your head dry. Her books neither inform nor entertain.
The world can stay scummy longer than you can stay solvent.
Tho lets enjoy the ride while we still can.