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amurthy1 commented on Starbucks illegally fired US workers over union, judge rules   bbc.co.uk/news/business-6... · Posted by u/pmoriarty
amurthy1 · 3 years ago
Setting aside this specific case, what is a business supposed to do if a union's demands are unreasonable and make it infeasible to keep the business profitable? If they try and replace the unionized workers, that is frowned upon and in some cases illegal. If they shut down the business due to no longer being viable, that seems to also be legally murky.

If a group of employees wants to band together and collectively bargain, that feels like it should be allowed, but if the company wants to completely sever ties with that group or if an employee wants to be hired and not associated with the group that should also be fine.

I agree that the balance of power is tilted in favor of capital over labor and that imbalance has been continually growing over the past several decades, but it feels like there should be a better solution than legally protected unions. For example:

- Increased relocation assistance for people who need to move for a job

- Improved safety regulations, which is a common reason employees decide to unionize in the first place

- Increased public sector employment to provide more alternatives to those in exploitative private sector jobs

All of these seem like better ways the govt can help workers than legally protected unions.

amurthy1 commented on We must return to an economy fueled by innovation, rather than disruption   greg-satell.medium.com/ho... · Posted by u/version_five
ilikerashers · 3 years ago
I agree with that. Money seems to flow to "safe" products. Some minor iteration of payments, CRM, taxis or fitness.

How do you fix it when the incentives are skewed towards quick bucks? Government pushing certain industries has worked for China. There'll be a lot of opposition to that in the US I'd imagine.

amurthy1 · 3 years ago
It happens to a degree in the US with federal research grants, but maybe not to the extent of other countries.
amurthy1 commented on How will the correction in the stock market impact startup fundraising?   tomtunguz.com/multiples-2... · Posted by u/marc__1
bgroat · 4 years ago
Not relevant to this discussion. But has anyone noticed that we only ever say "correction" to mean "going down".

Has their been a period or an asset class in recent history where informed individuals said something to the effect of, "You want to be exposed to X for when there's a correction" referring to an unreasonable low valued asset reaching a more reasonable valuation?

amurthy1 · 4 years ago
Reminds me of my last job when an unexpected 1% drop in our team's primary goal metric would trigger VPs and directors to have us launch a full investigation into potential causes. But a similar unexpected increase, no one would bat an eye.

Similarly in the stock market, when things are going poorly, people are eager to understand what happened, so a "correction" is a comforting explanation that the underlying asset is still solid and it's just market dynamics at play. But when the stock markets go up unexpectedly, people are generally happy to accept their good fortune without thinking too much about it.

amurthy1 commented on SpinLaunch completes first test flight with rocket-flinging launch system   space.com/spinlaunch-firs... · Posted by u/makaimc
flog · 4 years ago
Could we throw enough moon rocks into an orbit which would block some % of sunlight hitting the earth (to cool it)?
amurthy1 · 4 years ago
Among other drawbacks, that would interfere with satelites
amurthy1 commented on The story behind Flexport founder's supply chain tweets   finance.yahoo.com/news/re... · Posted by u/robbybaron
ryukafalz · 4 years ago
> road expansion is a response to increased demand from increased population, either through density or sprawl

Though it's the road expansion itself that often leads to more sprawl.

It's worth noting that congestion in mass transit leads to better service. (Well, if you have a halfway competent transit agency, anyway.) More riders leads to more fares leads to more frequent service leads to getting you where you need to be more quickly.

Road congestion doesn't have the same effect. Maybe it's a toll road in which case you have some increased revenue, but often it isn't - so congestion is typically net negative for drivers.

amurthy1 · 4 years ago
Increased ridership on roads does increase revenues via gas taxes.
amurthy1 commented on Meta: A Social Technology Company   about.fb.com/news/2021/10... · Posted by u/sturza
rexreed · 4 years ago
Will this work, or will this just be like Google's Alphabet, which the general person-on-the-street doesn't know or care about?
amurthy1 · 4 years ago
My understanding was Google's rebranding was mainly targeted at investors so that when financials were reported, it would be split out between Google vs. other divisions. It would make sense that most everyday people wouldn't know about this.

FB's rebrand seems targeted to everyday consumers, so I would bet their brand strategy would change to cater to that, in a way that Google/Alphabet never cared to.

amurthy1 commented on Dividend Cripples Saudi Aramco   oilprice.com/Energy/Energ... · Posted by u/syncsynchalt
flowerlad · 4 years ago
I never understood why Americans consider Iran the enemy and Saudi Arabia the friend. Iran is a democracy, they appear to have legit elections, while Saudi is an absolute monarchy. Iranian women enjoy way better equality compared to Saudi Arabian women. As a software developer in the US I have even come across Iranian-born women software engineers. Iranians seem more modern in ever way. Citizens of both countries seem to hate America, but ordinary Iranian citizens never did a 911-style attack on the US. Is it because of historical reasons that Saudis are the friend and Iranians the enemy?
amurthy1 · 4 years ago
The Saudis support US oil interest by for example selling their oil only in dollars and buying US weapons which props up our military industrial complex. This is why the US govt likes them and much of what Americans learn about the middle east is heavily influenced by what the govt puts out.
amurthy1 commented on Child-safety laws may reduce the birth rate   economist.com/science-and... · Posted by u/lxm
SulfurHexaFluri · 5 years ago
We still have a birth rate that is too high. It will be a long long time before we need to work on raising the birth rate and the problem isn't that complex.
amurthy1 · 5 years ago
The world overall might have too high a birth rate but almost all Western countries have a birth rate below the replacement level of 2.1 (e.g. US, UK, AUS all at 1.7 [0] and falling [1]).

Unless you make up this difference with immigration, you have a declining population, which creates all sorts of short term issues.

Given that western countries have become increasingly hostile to immigration, especially from developing countries, trying to increase birth rate in western countries is a reasonable thing to explore imo.

[0] https://en.wikipedia.org/wiki/List_of_sovereign_states_and_d...

[1] https://data.worldbank.org/indicator/SP.DYN.TFRT.IN?location...

amurthy1 commented on How I Spend My Attention   mythirdbrain.substack.com... · Posted by u/kenta_nagamine
anon9001 · 5 years ago
Even for people paying attention, it's hard to follow all the spin and understand which organizations are pushing which ideas and why.

The US now has tens of millions of citizens that believe the election was stolen. I think they're mostly just "normal" people who have tuned out and now can't tell which way is up.

The reason I pay attention is because following news daily is actually less cognitive load than trying to catch up when a significant plot twist happens that might impact me.

amurthy1 · 5 years ago
I think this is a good take, most news doesn't directly affect you but is necessary context to make sense of the news that is relevant to your life
amurthy1 commented on The Fall of Silicon Valley   robrhinehart.com/the-fall... · Posted by u/aquajet
mr_woozy · 5 years ago
exactly this. arguably they've probably trojaned or backdoored the e2e encryption by now, after buying it too.
amurthy1 · 5 years ago
e2e encryption was only added after being acquired. Not sure why FB leadership would undermine the effort that they helped support in the first place

u/amurthy1

KarmaCake day46September 17, 2019View Original