180 karma · joined August 11, 2010
Also, I think it is a valuable mental exercise to ask someone who in fact owns the fruits of their labor. If you spend some time thinking about the implications you may find that the possible answers are not so "simple" as you may at first think.
On the other hand, some find that the question produces a fair amount of anxiety and so they may resort to verbal devices designed to diminish the value of the question, rather than trying to answer it.
I eschew inheritance except for when two objects or libraries are very much the same thing but the implementations are different. Just an example, where I might want to have the opportunity to use two different PDF libraries.
Further, there's a case where a number of objects share some common methods and you may decide to implement an AbstractWindow where those methods can live. But, you may find that Aspect programming works better in that case.
Generally, and perhaps surprisingly you shouldn't use inheritance in most cases. But inheritance is nonetheless a very important part of OOP.
This begs the question: what amount would be a barrier to entry into the market, 1 million, 10 million? Is there any amount of regulation and cost that you would consider a barrier to entry into the market? If as you imply a half million is not a barrier ("no trouble"), why is not a barrier, why is not a hurdle?
They might have provided a service that would be beneficial to the consumer and they might have hired a bunch of programmers once they had established themselves. The established companies already in the market would have had to lower prices and become more efficient to compete. Instead, the competition is crushed, you never hear about it, never know about it.
This is what this law is designed to accomplish. Nothing to do with Paypal. Stop talking about Paypal.
Many regulations serve the interests of politically well connected powerful oligopolies in this way. This is just one example. The reason put forward is always that this is some way of protecting you. That, if this regulation didn't exist, these companies wouldn't have to be responsible. In reality, it strengthens the hold on the marketplace of the oligopoly already in place and makes you more vulnerable to them.
Keeping companies out of the marketplace stifles competition. This is not good for you, the consumer.
However, in the government skewed markets of today where interest rates are forced artificially low these signals are not allowed to operate correctly and savers are penalized.
There is no "excessive incentive". People save when an incentive exists sure, but this represents future spending. At the moment there is little or no benefit to simple savings; why save when your money will be worth less over time? This is a result of not allowing interest rates to float with the market. Again, interest rates are manipulated by the government.
In the case where competition causes prices to decrease due to higher efficiency and quality, the money in your pocket becomes more valuable. What part of this is a negative consequence?
The difference is in fact that deflation is not always a negative result, which was my point in the first place.
In Japan, the government so meddled in the economy that they caused the economic malaise; the same situation is currently occurring in the USA.
The difference should be obvious. Deflation is too loaded a term to be used without qualification or context.
I highly doubt the money supply was fixed. A better understanding of what is actually money might be gleaned by reading the first linked article above.
What I'd like to know is if the intent of posting this Socratic discussion on HN was to disparage profit or the other way round.
Are we still really arguing about whether profit is moral? Really?
Or is the theft and corporatism we see all around being once again confused with voluntary exchange between individuals?
If someone took you and immersed you in the jungle you'd be lucky to last a day or two.
Think of what would happen to one of these people if you put them in a city.
> If it were not for the crtc, bell would never ever have shared their infrastructure with smaller companies and the free market would have delivered us a monopoly for sure.
How do you know this?