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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    ⓘ Dogs don't have thumbs‏ @MorlockP 14 Apr 2020

    ⓘ Dogs don't have thumbs Retweeted Sandy Johnston  🚰

    kind of interesting to call "the unions kept pushing for more and more raises and benefits and therefore R&D was starved" an example of "Wall Street pressure" 🤔https://twitter.com/sandypsj/status/1249889049835376640 …

    ⓘ Dogs don't have thumbs added,

    Sandy Johnston  🚰 @sandypsj
    Even as the Japanese were learning to innovate in a resource-poor economy, Wall Street pressure was chipping away at innovation in the American industrial economy. pic.twitter.com/Z0AOC0oYO8
    Show this thread
    2:33 PM - 14 Apr 2020
    • 5 Retweets
    • 23 Likes
    • Ciphername13 UedamaProducts Challenger John Sisino JDangerously Alea Iacta Est Mori MadSeasons Cocktopus ✈️ The Gormogons
    3 replies 5 retweets 23 likes
      1. Matt S "therapeutic lalochezia advocate" Trout‏ @shadowcat_mst 14 Apr 2020
        Replying to @MorlockP

        The start of that did include the perverse incentives from people switching to caring about share price rises rather than dividends. But since they're the one who picked that part to highlight, you still win the point ;)

        0 replies 0 retweets 1 like
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      2. crepuscular dispatch‏ @schakalsynthetc 14 Apr 2020
        Replying to @MorlockP

        that said, there are equal-and-opposite evidence inflexibly rising labor costs feed innovation by incentivizing process efficiency and productivity-per-hour or just increasing capital intensity (btw not taking the definite contrary position, just saying it's an open question)

        1 reply 0 retweets 2 likes
      3. crepuscular dispatch‏ @schakalsynthetc 14 Apr 2020
        Replying to @schakalsynthetc @MorlockP

        "pressure to innovate" is a very mixed bag in the first place -- competition clearly is good for innovation in *some* specific domains, in others the big innovators are industrial monopolies or military-industrial-complex actors shielded from pressure to see near-term profit

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Lawyer Dog‏ @TheClarksTale 14 Apr 2020
        Replying to @MorlockP

        Even on Sandy's terms, the proper outcome is eventual bankruptcy and zeroing out the shareholders' wealth. But of course, when the time came for that to happen, it wasn't permitted. Again, because it was too important to protect the workers' wages and benefits.

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