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Aella_Girl's profile
Aella
Aella
Aella
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@Aella_Girl

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@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    1. Aella‏Verified account @Aella_Girl 5 Dec 2019

      Reading Sapiens by @harari_yuval. I like it, but came across criticisms of the free market. There are good criticisms to be made, but Yuval's felt a bit basic. For example, he mentions how corporations can cooperate to keep wages low for employees. Like, sure, but-

      5 replies 0 retweets 37 likes
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      Aella‏Verified account @Aella_Girl 5 Dec 2019

      This would require a corporation to forego a selfish benefit (not hiring competitively) for the "good" of the whole (lower wages for all corps). We don't expect this to ever worn for e.g. the environment, so why do we expect the incentive for defecting to disappear for wages?

      7:30 PM - 5 Dec 2019
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      • niftierideology brian Thought Unfinished Logan Abbott Thomas L. ian hines Luiz Orlando
      10 replies 0 retweets 27 likes
        1. Aella‏Verified account @Aella_Girl 5 Dec 2019

          This might make more sense if you have a very limited number of corporations, but then I'd want to see consistency when it comes to expecting how well corporations are able to coordinate

          8 replies 0 retweets 20 likes
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        1. Misha Gurevich. Angel Investor, Photographer.‏ @drethelin 5 Dec 2019
          Replying to @Aella_Girl

          When I was listening to that book it had the fastest back and forths between "Huh, that's really smart and interesting" and "Hah, that's absurdly basic and dumb!"

          0 replies 0 retweets 1 like
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        1. Roger Ross‏ @StopS386 5 Dec 2019
          Replying to @Aella_Girl

          Read what happened at Boeing when it stripped all its talented workers, and outsourced their software development to cheap Indian coders:https://amp.theatlantic.com/amp/article/602188/ …

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        1. Improv‏ @dachte 5 Dec 2019
          Replying to @Aella_Girl

          Not all corporations need to hire competitively, particularly for unskilled labour (or in certain more broad market conditions).

          0 replies 0 retweets 3 likes
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        1. tjrwriting  🏗‏ @tjrwriting 5 Dec 2019
          Replying to @Aella_Girl

          Corporations have a lot of internal friction, so they don't need to hire top talent in all roles

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        1. Phil Garland‏ @philipggarland 5 Dec 2019
          Replying to @Aella_Girl

          You might like James C Scott (Against the Grain) and Matt Ridley (The Evolution of Everything) better. More grounded in economics.

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Nick Dobos‏ @NickADobos 5 Dec 2019
          Replying to @Aella_Girl

          I think this assumes that you can hire competitively. Might not work well for less skilled labor categories, where even a much better worker can’t impact the bottom line a substantial amount. So the selfish behavior might not be actually be much of a benefit.

          1 reply 0 retweets 0 likes
        3. Nick Dobos‏ @NickADobos 5 Dec 2019
          Replying to @NickADobos @Aella_Girl

          Also, it does seem to work in the reverse case, where unions band together to demand higher wages/better conditions.

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. Kyle Hughart‏ @serptopia 5 Dec 2019
          Replying to @Aella_Girl

          It's hardly fiction, it happened recently: https://www.google.com/amp/s/www.wired.com/2015/01/apple-google-tech-giants-reach-415m-settlement-poaching-suit/amp … environmental efforts don't work like this because the number of collaborators would have to be much higher and much of the payoff would be to future generations rather than to the collaborators.

          1 reply 0 retweets 5 likes
        3. Seracena‏ @seracena 6 Dec 2019
          Replying to @serptopia

          Also even relatively competitive industries like airlines have had multi-billion dollar price fixing scandals. "if companies colluded someone could just defect and have a competitive edge" assumes incredibly perfect market dynamics that don't exist in real life.

          0 replies 0 retweets 1 like
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