earthdeity
Joined 1 year ago
Joined 1 year ago
- capital / limited goods
- allocation of labor
Things like land are a limited commodity. Concentration of ownership usually comes with rent extraction. Because you need to live somewhere, but available locations are finite (and supply can even be controlled, and is). This means that you can end up with a cartel scenario where increasingly normal peoples previously disposable income is tied up in an increasingly large % to those fixed costs of living. This is arguably well under way in some countries.
The second point is, the richest enjoy goods like personal yachts, private planes, luxury restaurants. If a lot of labor is increasingly allocated to producing highly inefficient luxuries, it's essentially wasted. You might have hundreds of businesses employing thousands of people or machines, but the productivity of their work is essentially all going into products consumed by a few people. I'd say a limited amount of this is a good thing, it's a normal part of the proliferation of choice enabled by capitalism. But taken too far you return to a historic economy where most peoples productive life is spent serving a tiny elite, while living in poor conditions themselves.
In our financial system, your income as an individual has to be significant enough to send a signal to produce the goods you want. If this ceases to be true for even a significant minority of people, you will find consumer choices and available quality decreasing for those people, which is a real problem. This is to a lesser extent happening in some segments of the economy.
Microsoft has had its controversies, but the reason the interest became personal here is it seems this was his own initiative (he kicked everything off with a public blog post).
And once again in this case, it looks like a bunch of chaotic behaviour centred on the individual more-so than standard "unpopular corporate decision making". That sort of thing has a big PR blast radius and has exposed him to criticism more than necessary (or normal).
Given how avoidable the above is (by simply operating through his lawyers / the organisation), it's feeding speculation on his mental state.
To be clear, while a person who enters the US on an H1-B is a temporary worker, they are not prohibited from also seeking a permanent status. So it's fully within the rules, which is why it becomes a question of norms. In the present, the H1-B is (was?) the most popular route to permanent immigration to the US besides family sponsorship.
I specifically said that the government (and the citizenry by extension) can decide who it wants to enter and stay, how much immigration, whatever. But changing the rules suddenly, upending peoples lives who have not broken any rules, through a pathway the US state itself freely established, is immoral and short sighted.
It should go without saying that there are experts across many fields in industry that any country would benefit from attracting. The US is harming its capacity to attract and keep that talent with these ridiculous theatrics.
Legally, there's very little the state can't do, there could be a bill passed tomorrow revoking all immigrant visas. But businesses, and by proxy the nation, benefit from work done by these workers.
Sudden unilateral moves like this are stupid on a social level (cause damage to businesses and communities), and on a moral level. "First do no harm" is a principle just as suited to government as medicine. Even if there is a broad consensus for reducing or eliminating H1B visas, why punish people who followed the system as it exists and contributed? It's perfectly possible to pass a bill, stop handing out new visas, and sunset renewals after some 1-2 year timeframe.
It's legal to invite a bunch of guests over and kick them all out after you open the wine, but you're going to lose friends. And ultimately it will be businesses and individuals paying the cost for these needlessly volatile course changes. Tourism and high skilled immigration rates will face lasting harm.
The US domestically has a commendable historic commitment to free expression and press freedom, which are good things that China does badly. Those things deserve to be commended even while we condemn imperialism. China has its own record of imperialism in Nepal and its ambitions to attack Taiwan. It just doesn't (currently) have the position to act with impunity the US has long enjoyed.
It's actually the perfect opposite, a skilled worker who plans to leave is a burden on their home country as they presumably will use services there they never paid for. Hopefully, in developed nations this balances out more or less. In undeveloped nations there's not much of a system to take advantage of.
I live in a country I was not born in, I pay taxes as much as anyone else and pay into social security programs I'll likely never get to use. The state did not have to spend a penny to educate me. If I return to my home country without having worked there another day in my life, I'm probably quite the net loss to them.
The extraction phase of your life is overwhelmingly being a child or elderly.
1. All truly important information will be repeated (in the form of tickets, slack messages, further meetings). Usually several times.
2. Most useful subordinate information (the kind that doesn't get repeated) only needs to be related to 1 person 80%+ of the time. It's vanishingly rare 3 or more people need some information that isn't ever repeated elsewhere.
The only really useful work in meetings is making decisions. This is an essential feature, but a big problem is often many "spectators" are invited (attendees without decision power or context). Being a pure spectator in a meeting is almost always completely pointless. Also, people like to make decisions/input so meetings are rife with bike shedding (most people have decision power + context for low importance items usually).
- You cannot fire your staff (easily) - Rather than replace staff, you need to train them - You also really want to engender a sense of loyalty, because anyone who is checked-out is dead weight you need to carry
I think the legal protections for employment are upstream of the working culture. Maybe it's a chicken and egg problem. But in terms of policy you could test this, and it makes sense the culture is just in alignment with the incentive structure. America has an "I've got mine" approach, which is efficient and good for businesses, but... Employees (correctly) know they are replaceable and have a strictly profit/loss relationship with companies they work for. In that framework the risk/reward for a worker to be doing the minimum they need to earn their pay-check is pretty favourable.