Recent submissions

Comment · 5 years ago
They fund the universities through debt in the form of student loans. The schools then funnel indebted graduates desperate for financial security into various industries where their human capital is securitized. You can call that laissez-faire, but I see a lot of similarities with China’s top down system and predict those similarities to increase as we are forced to compete with China more directly.
Comment · 5 years ago
Homelessness is obviously increasing though it’s difficult to measure with precision. Homelessness is worse than poverty and homeless aren’t even counted in official poverty calculations. The census can’t sample them.
Comment · 5 years ago
Many live in daily terror of becoming homeless or worse. I feel like social isolation matters more than wealth in making people feel secure. Many homeless people had money, good jobs, education, but most lacked community. Some say they find a family on the streets, for better or worse. It’s not all social, neither is it all financial.
Comment · 5 years ago
Your point is that everyone who buys or sells assets is implicitly amoral? That seems a bit extreme though you are not the first to say it. One wonders how you can escape such condemnation yourself. Everything is a marketplace in some sense.
Comment · 5 years ago
Anybody that doesn’t know the code their device is running is a fool to trust it by default. Even knowing the code well, devices are compromised all the time. Yours seems like the lone sane opinion here.
Comment · 5 years ago
Packs behave as packs.
Comment · 5 years ago
Nobody else said Wikipedia or yahoo finance, so I will.
Comment · 5 years ago
Like stocks, you can buy ideas “low” and sell them “high.” Some ideas are cyclical too, AI, mainframes/cloud, etc... And this extends beyond tech for instance “equity” is currently hot but that may be short lived which is unfortunate.
Comment · 5 years ago
False flag down votes are real too.
Comment · 5 years ago
“ At least it goes back into the economy. ”

Actually no, at least 40 billion went to a Nigerian scammer group. That’s a national security issue and overrides concerns about charity and equity. It’s an existential threat.

Comment · 5 years ago
“carbon-taxation bloc”

This will be labeled imperialism with shades of white supremacy.

Comment · 5 years ago
Billions in unemployment fraud last year means billions in government services that will not b we going to help people that really desperately need help.
Comment · 5 years ago
Reddit is a net negative for the internet. Facebook isn’t wonderful but at least it’s better for society, and less dishonest to its users than Reddit.
Comment · 5 years ago
Or it could make them less cautious about taking on large debt.
Comment · 5 years ago
Aaron Schwartz comes to mind. Move beyond anecdotes. There are libraries full of books on this very subject, the experiences of all the people you know not withstanding. Consider there once were witch trials, not so long ago.

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