> They want to maximize their paychecks and bonuses in the short term before they leave to other companies.
You could say that about pretty much any employee - and you'd be completely wrong. What makes you right in the case of CEOs and boards?
2,598 karma · joined March 2, 2009
You could say that about pretty much any employee - and you'd be completely wrong. What makes you right in the case of CEOs and boards?
The older I get the more time I heard this. Never actually true. But always used by somebody asking for power, to protect me - of course.
I actually lived in a society where this was illegal and we were all starving and freezing.
However, looking back, each single invention was a net positive for us as a species.
Exactly. And most of the pollution happens in the other part.
We’re crippling our economies and render our companies uncompetitive to merely export environmental effects around, while pushing our voter base to the extremes.
All for naught too, because when the orc armies come (attracted by our weakness to even defend ourselves) they will do the the environment what they did in Ukraine…
Actually, in the real world, the worst markets are also the strongest regulated: housing, education and health care.
Meanwhile the fields that got to be regulated last brought us the most wealth, advances and innovation: high tech & software.
Actually, they don't. First of all they want livable conditions for themselves. Ecologism is a hobby for people with full bellies.
I remember during communism which failed to even feed and clothe us - but The Party kept telling us that we were actually winning and we were so morally superior to those "corrupt capitalists". This is what happens when ideological justifications replace rational thought.
> that amount can't be zero because
Sounds like you're agreeing with my point.
I wouldn't. I can think of at least 10 regulations (labor and environmental chef amongst them) that would render such a maker uncompetitive from the start. Chinese makers would eat its lunch.
I heard there used to be dozens of plane-building companies when the field was unregulated, with new, more efficient models and lower prices appearing regularly. I wonder what happened.
Let's not forget I am paying directly for those when I buy a product. Those benefits are not free, they cost money. The money has to come from somewhere. It can't come from profits (since those are the sacred reason the company exists in the first place) thus they will come from higher prices.
Higher product prices mean less competitive companies. It also means fewer startups which must implement the required regulation no matter the market says. Then you need protectionism against Chinese competition.
But the worst is that I must pay for those benefits whether if I want them or not. Thus my choice is reduced. I cannot vote with my wallet and send price signals in the market to tell sellers that I want those benefits or not and at what price. The market gets corrupted. The economy falters. Outside competitors gain. The Government needs to intervene again and again, growing stronger and more intrusive "for my own benefit".
It's the decay spiral we are witnessing here in the EU right now.
I am old enough to remember when "researchers" and "experts" where warning us about the evils of violent FPS gaming, the whole panic over teens and kids playing Doom. The Columbine shooting. The end was nigh! Of course, it was all blown out of proportions...
If only we could trust such big hearted people who selflessly donate their time and expertise for thinking and researching - without asking those pesky little questions like "what do they stand to gain? what hidden agenda do they have? what ideology dictates their value system? what axes to grind and biases do they harbor?"
I'd rather trust the people directly involved, whose interests are mostly clear and known.
From finding areas with favorite activities for each parents, teens and kids to discovering the do-not-miss attractions and scheduling our vacation between them - it is invaluable. I've seen places I never knew existed in countries I've never been to before and speaking languages I did not speak.
Very few mistakes and lots more flexibility and understanding than the travel agents I used before. I do write long prompts though with lots and lots of info about our family and what we like to do.
Not yet good at finding, filtering by our criteria, comparing and booking available accommodation yet, but it's getting there.
Eventually your employer benefitted too, from more & happier paying customers.
Finally you indirectly befitted as well - through continued employment, salary and bonuses and stock (if you own any).
Direct to EV DC charging means I don’t buy gas, either. Planning for induction range and heat pump someday too. Not paying for energy about 3/4 of the year feels awesome.
Panels are cheap. Cheap to replace too. The newer ones have even better efficiency. My whole (unsubsidized) sistem cost around $15k here in Eastern Europe and amortization was never a consideration. Money well spent.
Finally, giving the finger to another crappy government-granted monopoly and proving once again that there is no such thing as a “natural” monopoly: priceless.
Software ate the world, now the world eats software.