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Re:Goodbye, Twilio by louwrentius on Sunday June 18, 2023 @06:16PM (#36385111)
It’s funny to me that I’m reading this while listening to “Abolish Silicon Valley” by Wendy Liu.

I don’t think any CEO can be moral if your primary obligation is “shareholder value”. Or in plain language: making other people more rich at the cost of others.

I’m just happy the guy got out when the company didn’t align with his values anymore and he has the means to afford himself a conscience.

Re:Goodbye, Twilio by sethammons on Sunday June 18, 2023 @06:40PM (#36385268)
> making other people more rich at the cost of others

Not everything is zero sum. There is a reason that when you purchase something both sides say thank you.

Re:Goodbye, Twilio by AndrewKemendo on Sunday June 18, 2023 @06:51PM (#36385357)
The world is 100% legally zero sum

unless you can legally appropriate property with no money or any other type of compensation then where is this magical free pie?

Re:Goodbye, Twilio by mlyle on Sunday June 18, 2023 @07:15PM (#36385524)
If we're looking at how many pies there are in the world-- yes, that's zero sum.

But if we're considering utility-- how useful stuff is to me-- it is far from zero sum.

If I produce lots of wheat, being able to trade some of it for my neighbor's beef makes both of us richer.

Re:Goodbye, Twilio by AndrewKemendo on Sunday June 18, 2023 @07:47PM (#36385705)
Your example proves my point

You have a fixed amount of already acquired property

You do specified labor on that

You exchange your labor + property for someone else’s labor + property

That’s commerce and has nothing to do with the question I’m talking about, which is: How you acquired the property in the first place is the ethical question.

What’s unethical is if your a neighbor was struggling to survive and instead of caring for him out of your property and labor, you convinced him to trade your excess money for a portion of his property in perpetuity.

So no, there is no more uncaptured “pie.” It should have never been caputured in the first place - it’s equally everyone’s right

Re:Goodbye, Twilio by dnissley on Sunday June 18, 2023 @08:19PM (#36385900)
If I develop and produce a fertilizer which doubles yields for a particular crop, that's uncaptured pie. Plain and simple.
Re:Goodbye, Twilio by johndhi on Sunday June 18, 2023 @09:20PM (#36386236)
Hehe hmm I think fertilizer might drain the soil faster though right?
Re:Goodbye, Twilio by sethammons on Sunday June 18, 2023 @07:09PM (#36385484)
Can your zero sum hypothesis explain the following amazing video from Hans Rausling, economist, on rising prosperity?

https://youtu.be/jbkSRLYSojo

Re:Goodbye, Twilio by brigadier132 on Sunday June 18, 2023 @07:01PM (#36385427)
The world is trivially not zero sum. If it were zero sum we would all be living worse off than medieval peasants
Re:Goodbye, Twilio by __d on Sunday June 18, 2023 @07:26PM (#36385598)
Without (yet) having an opinion here, that's not necessarily true: resource consumption is adding value to the system at a level that might offset population growth?
Re:Goodbye, Twilio by greiskul on Sunday June 18, 2023 @08:25PM (#36385925)
Who cares about population growth? We know human population will stabilize pretty soon. Malthusian arguments are meaningless when the very premise of unlimited population growth is false.
Re:Goodbye, Twilio by rapind on Sunday June 18, 2023 @07:17PM (#36385536)
Every “win-win” most certainly produces side effects, usually unmeasured, which leads to naive statements like “it’s not zero sum”.

We may no longer be peasants (hard to prove), but a large number of extinct species and ecological disasters would like to argue the “not zero sum” point.

Re:Goodbye, Twilio by brigadier132 on Sunday June 18, 2023 @09:53PM (#36386451)
If the world were zero sum, that means no new value has been created for humanity, ever. The world population has grown ~22x since 1400s. Are we now splitting our meager peasant loaves of bread 22 ways?

Nobody cares about your stupid degrowth ideology that advocates for death and people to be poorer. Just state what you actually are, which is anti-human.

Re:Goodbye, Twilio by anon-3988 on Monday June 19, 2023 @12:26AM (#36387333)
What he said that "its hard to prove if we are still peasants" is wrong. But you cannot argue that we human have benefitted at the cost of nature? Also,

>Nobody cares about your stupid degrowth ideology that advocates for death and people to be poorer.

Is also not true. Having a 1km lawn is excess. Flying solo on a private plane to visit an office halfway across the world for 1-2 days every other week is excess. No sane person arguing for this position is claiming that people who can barely find food every day is living in excess and must suffer degrowth. It is the privileged that needs to degrowth and redistribute their excess wealth. Do you really think that the Earth can sustain had every single person on Earth lives like the ultra wealthy? Or even as the middle-class American with single unit home in the suburb? We would probably annihilate almost all of "interesting" flora/fauna and be left with chickens and cows if that at all. Maybe that's a perfectly reasonable trade? AFAIK humanity must take priority over every other being AFAIC.

Re:Goodbye, Twilio by rapind on Monday June 19, 2023 @12:56AM (#36387445)
> What he said that "its hard to prove if we are still peasants" is wrong.

I think this depends on how you classify peasant. If we can agree that it's about income inequality, and not quality of life, then there was a study done comparing income inequality in the late eighteenth century to current day, which concluded that "Incomes were much more equally distributed in colonial America than in America today, or in other countries in the late eighteenth century". https://www.nber.org/papers/w18396

Ultimately it depends on the specifics and the dates we are comparing. I don't think people fully realize how significant income inequality really is today.

Re:Goodbye, Twilio by anon-3988 on Monday June 19, 2023 @02:15AM (#36387854)
Why does income inequality matter? Why does it matter that some people are way, way richer than the other. This correlates with poorer quality of life, sure, but income inequality itself is not really that important. Calling the modern middle-class human a peasant is quite misguided imo. It is important to acknowledge that we have fared much better than our ancestors.

Is it a problem, say, if we all achieved nirvana but some achieved better nirvana? Must we rebel against them too?

Re:Goodbye, Twilio by rapind on Monday June 19, 2023 @08:13AM (#36390166)
It matters a lot since wealth translates to power and influence.

> Calling the modern middle-class human a peasant is quite misguided imo.

The modern middle class is shrinking fast. About 17%. Most people are either low income or poor.

> It is important to acknowledge that we have fared much better than our ancestors.

Look, we generally live much longer these days, so I think that's a decent measurement that we're far better off in aggregate compared to the middle ages. However life expectancy has actually been decreasing recently in many places, and we have some really big global problems to solve if we don't want that trend to continue. If that trend does continue though, then it becomes very hard to say we're better off than our ancestors.

> Is it a problem, say, if we all achieved nirvana but some achieved better nirvana? Must we rebel against them too?

Probably yes. Most people aren't zen. It's in our nature to measure our status among our peers, and probably responsible for most people's wealth and their drive to do better. Better is always relative. Before arguing the morality of this, you'll need to also defend the morality of billionaires (what's the point really?).

Re:Goodbye, Twilio by rapind on Monday June 19, 2023 @12:41AM (#36387382)
> If the world were zero sum, that means no new value has been created for humanity, ever.

This statement is straight up false. Obviously you gain and lose value, and are interested in whether it's a net gain or loss. It's worth nothing that a gain or a loss here is only anecdotal to our own human experience so far and without accounting for potential debts (externalities) still owed... like global warming, monoculture, antibiotic resistance, nukes, etc. You're attempting to make a rule in an extremely non-scientific manner, and making a ton of assumptions to boot.

> Nobody cares about your stupid degrowth ideology that advocates for death and people to be poorer. Just state what you actually are, which is anti-human.

I've never even heard of this Degrowth ideology... My ideology, if you can call it that, is simply taking responsibility for our actions instead of making up a bunch of buzzword horseshit. I'm not advocating for anything but the basic admission that it stinks when we fart. This "not zero sum" statement is as much a fantasy as religion is. I'm not asking you to stop farting or to save a whale. Just stop polluting my ears / eyes with corporate doublespeak.

Re:Goodbye, Twilio by AndrewKemendo on Sunday June 18, 2023 @08:04PM (#36385810)
We’ve strip mined the earth, decimated humanity, are globally hopeless (look at birth rates) and individual alienation has never been wider spread

Suicide is quickly becoming the leading cause of death

I’m not sure we’re any better off now holistically

Re:Goodbye, Twilio by greiskul on Sunday June 18, 2023 @08:37PM (#36385983)
> strip mined the earth

So... If you are complaining about destruction of habits for animals, and global warming, then yeah. If you are complaining about us extracting minerals... Rocks don't have feelings, they don't get a vote. If we could mine them without polluting and destroying ecosystems, not only we probably should, but we should start thinking on how to also mine asteroids and stuff.

> decimated humanity

How did we do that? There are more people now than in any previous point in history. There are a lot of people suffering, but quality of life by numbers is probably a lot better now than it has ever been.

> globally hopeless (look at birth rates)

So is population growth a good thing cause it shows people are happy, or a bad thing cause it means we won't have enough resources? I prefer us to have a stable population for the long run, at least until we can get to space.

> individual alienation has never been wider spread

How informed do you think illiterate peasants used to be?

What is happening, is that the American empire is in a state of decay right now. But the world is bigger than just the Western cultural world. Yeah, it might suck to not get getting all the fruits of imperialism that the US and European countries used to get. It makes the imperialist countries poorer not to have that. But for the formerly colonized people, their life gets better.

Re:Goodbye, Twilio by louwrentius on Sunday June 18, 2023 @08:23PM (#36385913)
Some have more money than they can spend in a lifetime while others are homeless.

This is the society we live in, created by capitalism that demands unsustainable growth.

Re:Goodbye, Twilio by l33t233372 on Sunday June 18, 2023 @08:46PM (#36386027)
Homeless people also exist in non-capitalist economies so I’m not certain that is evidence of anything.

Scarcity is the problem, not capitalism.

Re:Goodbye, Twilio by johndhi on Sunday June 18, 2023 @09:19PM (#36386229)
Scarcity of what? Certainly not money - there seems to be enough of that, it's just not in the poor people's hands
Re:Goodbye, Twilio by rightbyte on Sunday June 18, 2023 @11:05PM (#36386888)
Scarcity of beds in mental institutions.
Re:Goodbye, Twilio by JumpCrisscross on Monday June 19, 2023 @01:37AM (#36387656)
> Scarcity of what?

Attention and logistics. The cost of getting things where they need to go, the administration of an empire, frequently dwarves by orders of magnitude the cost of the materials being transported to and fro. The problem is not solved by localisation given the increased exposure to volatility that brings.

Re:Goodbye, Twilio by eastbound on Sunday June 18, 2023 @10:30PM (#36386684)
The state takes 63% of our income here in France, and there are still homeless people.

I’d say the capitalists do a better job.

Re:Goodbye, Twilio by louwrentius on Monday June 19, 2023 @02:28AM (#36387929)
You know that France is a capitalist society right?
Re:Goodbye, Twilio by kelnos on Monday June 19, 2023 @03:45AM (#36388392)
Capitalist, yes, but with many more socialist features than the US.
Re:Goodbye, Twilio by activitypea on Monday June 19, 2023 @04:35AM (#36388707)
My impression that welfare state and social support systems are on par with their neighbors, they just have a stronger culture of labor rights.
Re:Goodbye, Twilio by gbanfalvi on Monday June 19, 2023 @02:43AM (#36388025)
How are capitalists addressing homelessness? Have you read about homelessness in SF and the bay area?
Re:Goodbye, Twilio by eastbound on Monday June 19, 2023 @07:41AM (#36389860)
Caritative actions are part of capitalism. I donate voluntarily to charities, this is part of capitalism. Capitalism doesn’t prevent people from having a soul.

Capitalism is the framework that makes all those people work together: The nun, the family guy, the corporate shark, the idealist who can buy land and create an inefficient community based on non-monetary exchange.

Capitalism also makes us globally quite rich (by virtue of allowing us to simply take the revenue we generate in our startups), which affords us the luxury of giving 63% to the state. Supposedly in exchange for the state taking care of poor people. It’s the capitalism that allows me that money.

So I get it, you pin everything bad on capitalism. It’s just that you allow CEOs to pactise with the state to remove freedoms from you. Meanwhile you forget that this unprecedented lifestyle improvement since the industrial revolution, it’s also due to capitalism.

Re:Goodbye, Twilio by andsoitis on Sunday June 18, 2023 @11:07PM (#36386899)
> Some have more money than they can spend in a lifetime while others are homeless. > This is the society we live in, created by capitalism that demands unsustainable growth.

Who are you blaming? If you're so virtuous, why don't you give away half of your money to a homeless person?

Re:Goodbye, Twilio by pikelet on Sunday June 18, 2023 @11:56PM (#36387167)
Because to make a significant difference to that person's life you'd have to give them an astounding amount of money (and probably other forms of support), and personally speaking I'm still desperately saving just for a chance at having a place of my own myself. Nobody claimed to be 'virtuous', but caring is a good first step. I donate some of my time and a small amount per month to a local multicultural group. Small things help. Caring helps. Why is this suddenly about whether you're happy to give away half your savings to a person you don't know? Society as a whole could make things better by sharing wealth just a little more equitably. But some people seem to think that billionaires are just fine and not at all a symptom of a sick society.

Sorry but I get really frustrated by this lazy kind of 'well why don't you do it?' response. It just feels like you're trying to convince yourself that you're right not to care (to be clear, I have no idea whether you do or not), and implying that anyone who does, and hopes for something better, is just a hypocrite.

Re:Goodbye, Twilio by louwrentius on Monday June 19, 2023 @02:29AM (#36387935)
I share your frustrations and thanks for your support.
Re:Goodbye, Twilio by andsoitis on Monday June 19, 2023 @10:37AM (#36391540)
The accusation and tone was that billionaires have incredible wealth that they horde while people around them suffer.

But that is a very uncharitable framing of their philanthropy.

Re:Goodbye, Twilio by louwrentius on Tuesday June 20, 2023 @05:01AM (#36401430)
They should pay their fair share of taxes, they aren’t some emperor who decides over us.
Re:Goodbye, Twilio by Prickle on Monday June 19, 2023 @12:15AM (#36387272)
This "why don't you do it?" type of argument is probably the most common straw-man response to this topic.

The whole point, is to point out that some people have enough money to uplift hundreds of thousands out of poverty. Some have greater personal wealth than the GDP of an entire country, and that those people should either:

Give up some part of their wealth for the greater good.

Never be allowed to accumulate that much personal wealth in the first place.

The common person, like myself, doesn't have that kind of money. I cannot even afford a house for myself.

Re:Goodbye, Twilio by andsoitis on Monday June 19, 2023 @12:34AM (#36387366)
> Give up some part of their wealth for the greater good.

And you think they don’t?

Re:Goodbye, Twilio by Eisenstein on Monday June 19, 2023 @07:47AM (#36389918)
s/some/most
Re:Goodbye, Twilio by Prickle on Monday June 19, 2023 @08:39PM (#36398274)
Governments have to give them tax breaks / tax write-offs in order to convince them to part with a small amount of their wealth.

So no. And especially so for the corporations they own.

Re:Goodbye, Twilio by rajanaccros on Sunday June 18, 2023 @08:38PM (#36385989)
> I don’t think any CEO can be moral if your primary obligation is “shareholder value”.

I am really glad I am starting to see a lot more posts here on HN with regard to this fact. Capitalism is literally destroying everything and has proven itself not to be a viable system for long term sustainability and a healthy society and ecosystem.

Some of the smartest people on the internet aggregate on HN and some have still not figured this out. Either because 1) They haven't taken the time to look into the n-order knock on effects that are produced by capitalism in it's current form, or 2) they are too interested in self-enrichment to make any changes to behavior for their own comfort and convenience.

We should get of publicly traded corporations and Wall Street should disappear in my opinion. It is that publicly traded shareholder value that drives all the crimes against society/environment in this late stage. However, we are up against a severely selfish and entrenched minority with a ton of power who won't let that happen ... at the cost of everything.

Re:Goodbye, Twilio by prottog on Sunday June 18, 2023 @09:37PM (#36386336)
> Capitalism is literally destroying everything

You can't give credit all the credit to capitalism. Communism destroyed what was the fourth-largest lake in the world, which was so big that it was called a "sea"[0].

> Some of the smartest people on the internet aggregate on HN and some have still not figured this out. Either because 1) They haven't taken the time to look into the n-order knock on effects that are produced by capitalism in it's current form, or 2) they are too interested in self-enrichment to make any changes to behavior for their own comfort and convenience.

The age-old adage that anyone opposed to your viewpoint is either stupid or evil.

[0]: https://en.wikipedia.org/wiki/Aral_Sea

Re:Goodbye, Twilio by rajanaccros on Sunday June 18, 2023 @10:21PM (#36386636)
> You can't give credit all the credit to capitalism. Communism destroyed what was the fourth-largest lake in the world, which was so big that it was called a "sea"[0].

The age-old adage that if it is not capitalism, it must be communism.

> The age-old adage that anyone opposed to your viewpoint is either stupid or evil.

Which one are you? Sure my take was reductionist, but you are using my critique to distract is disingenuous. You are trying to defend capitalism by saying that you are not stupid or evil. If I have missed an adjective to describe people who have not discovered this ruthless system of destruction what would it be? Ignorant? Willfully Ignorant?

Re:Goodbye, Twilio by brigandish on Monday June 19, 2023 @02:28AM (#36387930)
> Which one are you?

I don't think HN is for you.

Re:Goodbye, Twilio by rajanaccros on Monday June 19, 2023 @03:23AM (#36388263)
A flippant dismissal deserves a flippant reply.
Re:Goodbye, Twilio by brigandish on Monday June 19, 2023 @03:44AM (#36388389)
Somewhere else, maybe. To think one's opponents are evil or stupid only reveals a lack of self-awareness, arrogance, and over-confidence. Just as the spoon cannot taste the soup, someone displaying those qualities will learn nothing here, and no one will learn anything from them except a bad example, hence why I think HN is not for someone like that.

There's always Reddit.

Re:Goodbye, Twilio by rajanaccros on Monday June 19, 2023 @04:33AM (#36388683)
> only reveals a lack of self-awareness, arrogance, and over-confidence

Says one with the hubris to decide what is right for me.

Re:Goodbye, Twilio by wahnfrieden on Sunday June 18, 2023 @10:37PM (#36386722)
Both state and capital can be bad. Of course.
Re:Goodbye, Twilio by Daz1 on Sunday June 18, 2023 @09:44PM (#36386390)
Capitalism is the driving force behind everything you enjoy about your modern, comfortable life.
Re:Goodbye, Twilio by rajanaccros on Sunday June 18, 2023 @10:14PM (#36386595)
How is it the driving force behind everything comfortable? If another system was in place are you saying that we would not have had progress towards human comfort? And it seems you are assuming that I wouldn't give up a comfortable life for a more fair and just system with less market externalities? If your measure for success is comfort, then you are the exact person I am trying to convince that we need something else.
Re:Goodbye, Twilio by Daz1 on Sunday June 18, 2023 @10:45PM (#36386779)
Because capitalism is the only system which incentives continual innovation through market competition, removes non-competitive organisations which fail to meet consumer demand from the market, and empowers consumers to make choices which are in their self-determined best interest.
Re:Goodbye, Twilio by rajanaccros on Sunday June 18, 2023 @11:19PM (#36386951)
> Because capitalism is the only system

This is what largely I am arguing against. I think the benefits of capitalism have been proven, but the negatives are largely brushed aside. I think this form of capitalism is dangerous (and I should have been more explicit about that in my original comment). My original comment was to get rid of publicly traded companies and remove wall street altogether. Private companies can continue to exist and compete but the profit motive to solely deliver growth and profit to public shareholders has distorted the whole system into pro-forma income sheets at the best and to outright devastation and exploitation at the worst. Private companies would be largely in check because they wouldn't grow unchecked by raising capital they don't have by going public. In so doing, they wouldn't be "in debt" (overloaded non-technical sense of debt) to shareholders. This would lead to more sustainability and less growth over everything mindset. The knock on effects I mentioned would contribute to a more just and fair system.

That said, I am not an economist, but I would like to see this world exist for future generations. And this economic system isn't it.

Re:Goodbye, Twilio by Kbelicius on Monday June 19, 2023 @03:44AM (#36388385)
> Because capitalism is the only system which incentives continual innovation through market competition

Why would a for profit company invest into basic research without a clear goal to monetizing that research while their competitor is spending that money on marketing?

Re:Goodbye, Twilio by Daz1 on Monday June 19, 2023 @05:02AM (#36388857)
What is the implication of your question?
Re:Goodbye, Twilio by Eisenstein on Monday June 19, 2023 @07:53AM (#36389975)
I assume they are stating that we don't actually live in a pure capitalist society, or else your definition is wrong.
Re:Goodbye, Twilio by Kbelicius on Monday June 19, 2023 @08:54AM (#36390520)
Implication is that the claim: "Because capitalism is the only system which incentives continual innovation" has no basis in reality. By the lack of answer to the posed question I'm guessing you are starting to agree?
Re:Goodbye, Twilio by Daz1 on Tuesday June 20, 2023 @04:12AM (#36401051)
Of course I don't agree, your question is worthless.

"Why would a for profit company invest into basic research without a clear goal to monetizing that research while their competitor is spending that money on marketing?"

The only form of R&D spend that cannot be monetised is that which fails to better meet consumer demand, which is a purposeless waste of money.

Rephrase your question so it make sense.

Re:Goodbye, Twilio by XorNot on Sunday June 18, 2023 @10:02PM (#36386515)
As much as I disagree with the OP, this is just as naive. What we enjoy about our modern lives in Western societies is a productive mixed-market economy. The "pure capitalism" argument is just as naive as to pretend it's failed with no redeeming features (which itself, is fallacious because the critics propose no alternative they care to describe - but pointing out a problem with the current system doesn't mean anything if you can't raise a reasonable alternative).
Re:Goodbye, Twilio by AndrewKemendo on Sunday June 18, 2023 @11:22PM (#36386966)
There are plenty of critics proposing alternatives

I get a monthly magazine called Jacobin that is filled with bough criticisms and alternatives

Trying to find people who aren’t either fundamentally greedy or barely hanging on is nearly impossible so it’s just mostly people exploiting each other.

I am personally trying to build a cooperative that is mutually owned by employees, and it’s structurally really hard because the legal system doesn’t know anything about how to do that. The entire system is built on the assumption of profit maximization. You don’t go into a banking situation, without telling them the type of business, and the type of profit that you expect. so in every single aspect of attempting to do commerce in the United States, or worldwide today, the default functional system, which everybody uses, because there is no alternative system to use, makes it effectively impossible to do something else without totally building it yourself from scratch.

Re:Goodbye, Twilio by XorNot on Monday June 19, 2023 @12:14AM (#36387268)
> You don’t go into a banking situation, without telling them the type of business, and the type of profit that you expect.

But that's because you're not just banking with someone, you're asking them for a loan. That money has a cost associated with it so the bank quite reasonably wants an indication you're able and likely to repay it.

Waste is waste under any economic model: if the input costs in whatever form they take exceed outputs the endeavor isn't viable.

Re:Goodbye, Twilio by pikelet on Monday June 19, 2023 @12:03AM (#36387207)
Meanwhile, just last year people living a couple of blocks from me were removing sludge a metre high from the floors of their homes due to river flooding levels we've never seen before. Very comfortable indeed.
Re:Goodbye, Twilio by briandear on Monday June 19, 2023 @09:07AM (#36390629)
You’re blaming capitalism for flooding? If that’s the direction we are going, then I could find dozens of famines, dozens more environmental disasters that can be blamed squarely on socialism and communism.
Re:Goodbye, Twilio by Timon3 on Monday June 19, 2023 @04:07AM (#36388510)
Capitalism is definitely not the driving force behind most of the great art I enjoy in my modern life. Capitalism destroys art, and it's hard to imagine just how much great art we've missed out on because the artists had to stay busy with work so they can live.
Re:Goodbye, Twilio by briandear on Monday June 19, 2023 @09:09AM (#36390648)
If people aren’t willing to pay for it, is it “great?”
Re:Goodbye, Twilio by Timon3 on Monday June 19, 2023 @10:44AM (#36391636)
If an artist has limited time (as all humans do), they can either work a regular job and have a guaranteed income, or they can create art and possibly starve, even if their art is great. You understand that, right?

You can't go up to people and say "hey, I have this incredible idea for an art project, please give me enough money for 5 years go work on this". A few artists can, but most a) won't convince other people that their specific idea is as good as it might be, and b) can't create enough publicity to actually get enough people's eyes on their ideas.

Your "it's not great if people don't want to pay for it" might work in a system where every human can talk to every artist and compare everything. But that is not our world. There will always be people who are undiscovered, there will always be people who could create great things, but don't have enough money.

But I don't think a capitalist can actually understand this.