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CovfefeAnon's profile
Covfefe Anon
Covfefe Anon
Covfefe Anon
@CovfefeAnon

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Covfefe Anon

@CovfefeAnon

Not to be confused with 2001 Nobel Peace Prize winner Kofi Annan. 54th Clause of the Magna Carta absolutist. Commentary from an NRx perspective.

Joined July 2017

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    1. tantum‏ @QuasLacrimas 30 Nov 2020

      tantum Retweeted Covfefe Anon

      more accurate view: communists want to increase the marginal contributions of managers as much as possible w/o giving them any stake (= w/o exposing managerial compensation to risk) - possible only by proliferation of veto points, constant impending screw-upshttps://twitter.com/CovfefeAnon/status/1333605074199846912 …

      tantum added,

      Covfefe Anon @CovfefeAnon
      Replying to @HbdNrx @heraclitean11 @HawleyMO
      That's their story and it's a lie. Of course they want individuals to control capital - they just wanted the control to go to people who are good at manipulating procedural outcomes of committee meetings. There's no alternative to human control of capital.
      2 replies 1 retweet 10 likes
      Show this thread
    2. Covfefe Anon‏ @CovfefeAnon 30 Nov 2020
      Replying to @QuasLacrimas

      Even giving the managers control would be an improvement over communism - communism has the manager take orders from a committee which is controlled the same way something like the twitter Trust and Safety Committee is.

      1 reply 0 retweets 2 likes
    3. tantum‏ @QuasLacrimas 30 Nov 2020
      Replying to @CovfefeAnon

      Ah, but if the managers had the type of "control" you're talking about there wouldn't be nearly as many decisions for the managerial class to make

      1 reply 0 retweets 2 likes
      Covfefe Anon‏ @CovfefeAnon 30 Nov 2020
      Replying to @QuasLacrimas

      Oh, there are still plenty of decisions to make just no responsibility for outcomes.

      8:20 PM - 30 Nov 2020
      • 2 Likes
      • World's Greatest Dad per Capita tantum
      1 reply 0 retweets 2 likes
        1. New conversation
        2. tantum‏ @QuasLacrimas 30 Nov 2020
          Replying to @CovfefeAnon

          As anyone who has ever dealt with a trust knows, control over the principal and control over the income are impossible to keep apart. The bureaucratic managers lack responsibility b/c they lack control; how much they can embezzle has a limited relation to what they can direct

          1 reply 0 retweets 2 likes
        3. Covfefe Anon‏ @CovfefeAnon 30 Nov 2020
          Replying to @QuasLacrimas

          Aligning interests between mgmt and ownership is a hard problem people who are good at coming up with solutions are extremely highly paid for a very good reason. Marxism doesn't solve that problem - it gestures vaguely in that direction and discourages thinking about it

          1 reply 0 retweets 1 like
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