The problems neoliberalism fails to solve well or at all are those that affect economically useless (or used-up) people who are not physically or mentally capable of making their own basic $ decisions. It just chews such people up if family/social workers don’t intervene.
Didn't mean to attribute it to malicious intent, and I hope I haven't done this in a while. It seems to me that it's generally more of a side-effect of lazy probabilistic reasoning that doesn't account for conditional probability or address cases with limited data.
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I think of Ayn Rand's banker Midas Mulligan for some reason, and how he successfully assessed people by their presentation (strong handshake, certain speech patterns etc) instead of just performance. Which is hilarious, but at least demonstrates the principle difference sort of?
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Actually disregard that entirely. What I mean is, very few people out there play Moneyball with hiring decisions. Even the phrase "to play Moneyball" has subsequently come to refer to many practices that were railed against as horrible in Moneyball. And this is probably cognitive
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There’s no head behind the invisible hand to even harbor such intentions, either benevolent or malicious. The market can no more choose its externalities than hurricanes can choose their path. Being in neoliberal danger zone is like being in Florida for hurricane risk
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It seems to me that there are many heads, and that they must either all share certain unwanted properties in common, or else there must be a snowball effect that destroys the ability of even better heads to assess value. Yes, "the market" doesn't have a head. But HR persons do.
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