Everyone suffers. Now that work has ramped back up post pandemic, it is very apparent how our talent pools have been impacted.
It’s the worst kind of problem: hard to fix and slow to show fairly significant consequences.
Everyone suffers. Now that work has ramped back up post pandemic, it is very apparent how our talent pools have been impacted.
It’s the worst kind of problem: hard to fix and slow to show fairly significant consequences.
Feel like I have the same argument at work everyday. Some things just take a definitive time. 20 cooks won’t make a cake faster. Cooking that cake at 1000 degrees won’t make it faster. It will take the time it takes.
I’m skeptical of a 1000 person survey, especially when overall home sales are still down.
That being said, some people may be getting tired of waiting and willing to gamble on refinancing with favorable interest rates in the future.
Anyone that bought when rates were still 2-3% isn’t selling unless they’re being forced. Why would they, considering their real interest rate is negative at this point.
This is a non-headline because it’s reporting on something that was expected to happen when interest rates rose.
That being said, this does suck for those who have yet to purchase their first home. Property investors buying with cash have no incentive to stop buying. This is where government should step in and regulate. Those conversations should be headlining instead.
Didn’t Teddy Roosevelt implement wealth taxes via the Estate Tax and Capital Gains Tax?
These aren’t exactly new ideas. We’ve just slowly dismantled them over the past decades.
My summary of his book is that people rise to power by contributing to the greater good. They empathise with those around them and are likeable. Power is thus given to them by others.
The paradox is that it’s been suggested by several studies that those that gain power (or those that feel powerful) tend to be less empathetic and focus more on themselves.
He does not prescribe to the Lord of the Flies world view.
Keltner’s The Power Paradox covers this phenomenon. As we rise in power and influence, it is very easy to lose those same qualities that allowed us to gain power in the first place.
You act like capitalism is something that was invented. Market economies have existed since the dawn of time.
Think of it more like a spectrum where free market and unregulated capitalism is on one end and economies under total state control are at the other.
There is clear evidence that one side of that spectrum favors innovation more than the other.
I guess you could argue that one end of the spectrum is more “moral” than the other, but I would counter that the opposite end is amoral rather than immoral.
You’re confusing economic systems with systems of government.
I’m interested to hear how you explain the drive to create streaming as an option to cable without including tenets of a market driven economy.
Reddit/Lemmy/Etc really has a hard-on to blame all bad things on capitalism. Capitalism is amoral. It is cold and uncaring. But not recognizing it as a driving factor for growth, innovation and societal advancement is a path of willful ignorance.
Everything has pros and cons in life.
Don’t blame tech, blame the bait-and-switch business model of loss leading products.
Uber never made money because they chose to undercut prices of all competitors and bleed them out.
I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.
It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming… the same way streaming was a solution to cable. Thus is the business cycle.
Exactly. IP law is foundational to any functioning market economy. Reform == Delete