this post was submitted on 13 Oct 2024
193 points (95.7% liked)
Technology
59495 readers
3081 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
While I'm still libertarian, those are supposed to be the people capable of using resources efficiently to maintain their market position, right? And the existing legislation's effect on that mechanism is supposed to be negligible, right?
So those supposedly sane at directing resources people are basically burning as much energy as they can get for lossy compression of datasets in random ways trying to reach a gold vein.
I think something went off track here.
"I'm libertarian" followed by an assumption like businesses are "supposed to" do anything except make money and bump their stock prices by any means necessary. Yep, checks out.
Businesses are horribly inefficient due to their short term thinking. Efficiency is a marshmallow test. Doing things right in hopes of making $150 tomorrow will always be tossed out in favout of a garunteed $100 right now, doing it fast and dirty. The idea that businesses are naturally incentivized to do x because of market forces is bullshit if x is anything other than whatever makes the most money right now.
They send our natural resources to the other side of the world so slaves can turn them into goods that they ship right back to us. Efficiency is an expense that businesses are often incentivized to avoid when doing it wrong is cheaper.
If you want businesses to do anything but chase short term profits as ruthlessly as they can get away with, you need regulations.
Water is supposed to flow down. If there's wood under that water, it's supposed to rot.
I've become libertarian due to a lot of experience with people.
It's the hated ideology exactly because it doesn't give an outlet to someone's wish of finding the golden pill and\or being above the nature. Well, there is no satisfaction for such wishes IRL, libertarians are just honest.
All that text is clueless accusations mixed with implications that you have some better idea. You don't, look around.
Libertarians are just honest.....mother fucker, this you?
No, I don't know your mom. Don't remember her for sure. Another fool blocked