Doesn’t Matter Who Wins the K Race; We’re All the Same

[Tyrone Slothrop]

Originally Posted by sebastian_dangerfield

I don't disagree with that. I just think it's better done within commerce, within businesses, rather than through tax policy, which introduces a costly, slow, and inefficient middle man for no reason.

You say that the well-to-do are exploiting the less-well-off, and that we should expect business to fix this. Uh, right.

In really big corps, they are approved by clueless boards all day long.

Not to intrude on your rant, but the boards of large corporations do not usually approve hiring decisions.

In small to mid sized corps you see them hired by people with limited familiarity with the jobs as well. All the time. This is why there are so many terrible hires. At the first stage of hiring, HR, which is clueless on almost everything, brings you a pile of acceptable resumes. What the fuck does HR know about vetting talent? HR is comprised almost entirely of people with not talent. It's where dumbest lackeys congeal like bacon grease in the corner of a griddle.

I work at a small company, and this is nonsense. But you are engaged in performance art of a sort, and as performance art it might work for you.

I don't want to correct that. I want to correct the asymmetry between what buyers of professional work, who don't know how easy much of it actually is, and sellers, who've no incentive to let them know how easy it is.

Hey, I thought you told me I was going to have to accept a 30% cut in pay, without future increases. If you don't want to correct my pay, go nuts.

Think of like adding a few drips of food coloring to a glass of water. Or maybe cancer is a good analogy.

I was looking for explanation, not analogy, so I guess we are still at Underpants Gnomes.

If the idea is articulated well, and that's nothing more than well done PR, it metastasizes. Look at how an idea like "fake news" caught fire and is now all over the place.

If a fish has two wheels, it's a bicycle.

But that's not what I'm saying. I'm saying introduce the concept and it will lead to people pushing for lower prices for professional services and arguing that management should have lower wages. How does it work from there? I don't know, but I know in a world where everyone is looking to cut costs, it'll get traction.

OK, you have now introduced the concept into the wild. Let's see whether it takes off.

[sebastian_dangerfield]

You say that the well-to-do are exploiting the less-well-off, and that we should expect business to fix this. Uh, right.

No. I'm saying the managerial and professional services classes enjoy outsized wages at cost to the lower level workers. There's no active exploitation. There's simply a marketplace valuing varying forms of labor poorly.

Not to intrude on your rant, but the boards of large corporations do not usually approve hiring decisions.

Really? I kinda thought they had something to do with CEOs.

I work at a small company, and this is nonsense. But you are engaged in performance art of a sort, and as performance art it might work for you.

How many experts in your niche worked there and were able to ascertain whether they were getting the best bargain for you when they hired you?

Hey, I thought you told me I was going to have to accept a 30% cut in pay, without future increases. If you don't want to correct my pay, go nuts.

Roger that.

I was looking for explanation, not analogy, so I guess we are still at Underpants Gnomes.

Explain for me how "fake news" went from a germ in Trump's brain to what it is today. All an idea needs is well placed exposure. There is no formula to which I can point.

But gimme $100k, a few SEO folks, a couple calls to some economic "pundits" willing to run with the experiment, and I'll have "Intrinsic Value for Labor, Now!" all over the place before November of next year.

A lot of it can be done for free on FB.

If a fish has two wheels, it's a bicycle.

Is "Fake News" some genius idea? No. It's a short, consonant rich thing one can bark, put on placards, and people remember. "Intrinsic Value of Labor" doesn't have the same punch, but it can be modified to "Real Wages for Real Value" or something similar pretty easily.

OK, you have now introduced the concept into the wild. Let's see whether it takes off.

We'll need a bit more than the seven people who read this.

[Tyrone Slothrop]

Originally Posted by sebastian_dangerfield

No. I'm saying the managerial and professional services classes enjoy outsized wages at cost to the lower level workers. There's no active exploitation. There's simply a marketplace valuing varying forms of labor poorly.

So why are you cutting my take home 30%? Just for that observation? I want my money back.

Really? I kinda thought they had something to do with CEOs.

No shit, Sherlock, but you are making all sorts of claims about hiring practices more generally, not just about CEOs. You don't need your Underpants Gnomes and intrinsic-value meme release to do something specifically about CEO pay.

How many experts in your niche worked there and were able to ascertain whether they were getting the best bargain for you when they hired you?

Seriously?

Explain for me how "fake news" went from a germ in Trump's brain to what it is today. All an idea needs is well placed exposure. There is no formula to which I can point.

I still don't understand what I'm getting for the 30% of my pay.

We'll need a bit more than the seven people who read this.

Well, yes.

[Pretty Little Flower]

Originally Posted by LessinSF

I admit when I am wrong, Sebby does too.

Cite, please? (Other than the time he called Lil Jon "Little John")

[Pretty Little Flower]

Originally Posted by sebastian_dangerfield

I just made what most Americans might earn in a day in one hour.

And you know
You have a thousand things in front of you
Doin' anything you like
And takin' it easy
Is all you ever need to do

https://www.youtube.com/watch?v=ZiRw0-4-zU8

[Did you just call me Coltrane?]

Originally Posted by Pretty Little Flower

And you know
You have a thousand things in front of you
Doin' anything you like
And takin' it easy
Is all you ever need to do

https://www.youtube.com/watch?v=ZiRw0-4-zU8

I always picture Sebby as one of the guys from the country club scene in Trading Places:

[sebastian_dangerfield]

Originally Posted by Pretty Little Flower

And you know
You have a thousand things in front of you
Doin' anything you like
And takin' it easy
Is all you ever need to do

https://www.youtube.com/watch?v=ZiRw0-4-zU8

I was in the Deadhead Patagonia frat. Too grimy and non-CT for the “fancy” house.

The real deal here is Hank. He’s not a managing partner at Duke & Duke... he’s its biggest client.

[sebastian_dangerfield]

Originally Posted by Pretty Little Flower

Cite, please? (Other than the time he called Lil Jon "Little John")

Um:

1. 2016
2. “Rocks Off” being improved by horns
3. Comm r/e crashing after 2008
4.In ancient history, I asserted the Pistols had more excellent tunes than the Clash.
5. I’d never drink gin again.

All of these were acknowledged as more than mainly incorrect.

[Pretty Little Flower]

Originally Posted by sebastian_dangerfield

Um:

1. 2016 You only get partial credit for this due to your post-2016 transgressions.
2. “Rocks Off” being improved by horns Fair enough. I was going to mention horns in rock.
3. Comm r/e crashing after 2008 If you say so.
4.In ancient history, I asserted the Pistols had more excellent tunes than the Clash. On almost any day, I'd rather listen to the Pistols.
5. I’d never drink gin again. That seems more like "changing your mind" than "admitting you were wrong."

All of these were acknowledged as more than mainly incorrect.

See above.

[Hank Chinaski]

Originally Posted by Did you just call me Coltrane?

I always picture Sebby as one of the guys from the country club scene in Trading Places:

Didn’t Paig’s call you lil sebby?

[sebastian_dangerfield]

Originally Posted by Pretty Little Flower

See above.

Eschewing gin for 16 years is the thing I’ve been most wrong about in my life.

[Greedy,Greedy,Greedy]

Originally Posted by Adder

I definitely think that the makeup of corporate boards is a big part of what ails the American economy. From mutual back scratching leading to inflated executive pay to excessive-focus on deals and the short term to tax-strategy focused decision-making.

I haven't looked into the details, but doesn't Warren have a plan for worker representation? That seems like an obvious first step reform, to the extent that it can be imposed federally (ETA: I assume it's only for listed companies). I'd be interested in other ideas to diversify board membership but nothing obvious springs to mind.

Did you all see the Leo Strine paper? https://corpgov.law.harvard.edu/2019...le-capitalism/

[Hank Chinaski]

Originally Posted by Pretty Little Flower

See above.

At first I liked the Clash more than the Sex Pistols, but since I turned about 40 I like the Pistols better.

[Pretty Little Flower]

Originally Posted by Hank Chinaski

At first I liked the Clash more than the Sex Pistols, but since I turned about 40 I like the Pistols better.

I call bullshit. You were 45 when Bollocks dropped.

[Hank Chinaski]

Originally Posted by Pretty Little Flower

I call bullshit. You were 45 when Bollocks dropped.

True but whifferoooski. I meant from day 1 I liked the Pistols better.

Petunia would have got that.....Sniff