Re:Slack has raised our charges by $195k per year
by pessimizer on Thursday September 18, 2025 @08:12AM
(#45288646)
I have no idea what you mean by "questionable economics" here. You seem to be saying that it seems true, but doesn't conform to your values.
Re:Slack has raised our charges by $195k per year
by Workaccount2 on Thursday September 18, 2025 @10:21AM
(#45290063)
The core reason people hate/distrust/discredit economics is because it lays out a lot of solid yet uncomfortable or unfortunate points. People just really really don't want to know that the economic world is just as trying and punishing as the real world.
Re:Slack has raised our charges by $195k per year
by eru on Thursday September 18, 2025 @11:54PM
(#45297786)
Huh? Economics as a discipline is great. Orthodox economics is exactly what I'm drawing on with my comment.
Re:Slack has raised our charges by $195k per year
by johnmaguire on Thursday September 18, 2025 @11:20AM
(#45290771)
The economics are questionable in a moral sense - monopolies are widely considered to be good for the monopoly's shareholders and bad for everyone else.
Re:Slack has raised our charges by $195k per year
by eru on Thursday September 18, 2025 @11:53PM
(#45297785)
No, it's questionable in that competition might be ruinous for the company, but it's great for workers, customers, shareholders and innovation.
Re:Slack has raised our charges by $195k per year
by eru on Thursday September 18, 2025 @11:55PM
(#45297790)
No. I'm saying that he's wrong. Competition is great for innovation, workers, customers and shareholders.
Re:Slack has raised our charges by $195k per year
by lokar on Thursday September 18, 2025 @10:56AM
(#45290495)
The 19th century phrase used in public to justify building monopolistic “trusts” was avoiding “ruinous competition”, the nation would be better off with a few big monopolies
I'm paraphrasing here, it's been a long time, but his thesis is that in a competitive situation life of a company is nasty, brutish and short. And that might be true, but that doesn't mean that life for customers or shareholders or workers is anything like that.
Part of why companies have it so hard in harsh competition is that they have to pay workers well in order to attract them, and they have to offer customers real value for money (if they want to keep getting their money), and companies also have to give decent returns to shareholders.