76 karma · joined August 7, 2018
In case it needs to be said, I'm kidding.
There may be some exceptions, but I’m struggling to think of any except things where weight/volume aren’t really relevant to the value — e.g., a sponge.
Under such a system — unless I've badly misunderstood something — if a billionaire's assets decreased in value over the course of a year, they would still pay 2% on their assets. I can't think of any sense in which a decrease in the value of one's assets would be defined as income.
I have an opinion of the wisdom of a wealth tax, and I could be wrong. Regardless of my opinion, I think it's indisputable that a wealth tax and an income tax are different and that conflating the two makes a debate on the merits much more difficult.
I don’t feel anxious. I feel comfortable.
I don’t accept as little as possible. I negotiate with the knowledge that I have options.
I don’t toil in the mines for 80 hours a week to barely afford to feed myself. I spend 40-50 hours a week doing something I rather enjoy, and for that, I’m paid a salary that affords a lifestyle few could have imagined even fifty years ago.
I understand that my employer would pay me less if they could. Then again, if I could find a plumber who could fix my shower for $200 instead of $250, I’d patronize the former, all else equal. Does that make the plumber my “subject”? I don’t think so.
Long hours and little respect probably will vary from one employer to the next. However, I've been working as a developer for about ~10 years - most of it with a mid-size insurance company but the last couple with a large bank. I work longer hours than most of my colleagues, but I've rarely put in more than 50 hours in a week, and my average is probably closer to 45. And my non-engineering colleagues have always treated my fellow engineers and me with respect and an appreciation for the difficulty of what we do. If anything, they've usually been a bit too deferential.
YMMV, but I think our profession is probably among the best in the world for workers. If my child were about to enter the working world and had the ability + interest, I'd absolutely recommend this as a career.
My immediate thought was that people suffering from depression might eat more “junk food” due to the depression and that their poor diets might lay waste to their gut biomes. Of course, there may be other studies that contradict my hypothesis.
If I left for a competitor, I would be working on a lot of similar problems. Of course, I wouldn’t immediately tell my new employer everything valuable I learned in my old job, but in the normal course of doing my new job, I inevitably would reveal information that my old employer spent time and money to learn.
Now, this effect might be dwarfed by the upward pressure on compensation caused by greater availability of alternative jobs for employees, but it’s not obvious to me that would be the case. I’d be interested to see some empirical studies on the subject.
Ultimately, I decided I didn’t want to risk asking my manager for a release, and I certainly didn’t want to violate an enforceable non-compete without the blessing of my employer. So I scuttled the move.
I was disappointed, but I hold nothing against my employer or against the laws of NY. They hid nothing from me when I accepted the offer, and the noncompete was very limited in scope (geography, industry, and duration). If I had left for the competitor, I would have brought a lot of knowledge that I gained as a result of my position in the company. Not legally protected IP, mind you, but still valuable technical know-how and information about our customers’ biggest problems and the trade offs of various solutions. I don’t think it’s unreasonable to allow organizations to protect that kind of information.
Edit to add that I don’t believe all non-compete agreements are reasonable. Just that I think it’s misguided to ban them wholesale.