@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 And this also of course, falls apart when we talk about specialized experience. No one is volunteering to be a deep-sea diver and spend 3 days in a metal box just pumping their blood of nitrogen-hydrogen compounds. People do it because it is well-compensated.
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 A Moscow factory was judged by how many tons of chandeliers they made. As a result, they made the chandeliers heavier and heavier until they started pulling the ceilings down. The issue with central planning is that there is no measurable mechanism for quality.
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 There would not have been a law calling unemployment "social parasitism" if cohesion and unalienation was sufficient.
Also you'd willingly accept an assignment to go to a factory in rural Siberia? This is your life now, you're not next to civilization.
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 Currently the only reason people do that in the west is because they need money and it pays money. In the USSR, the labor office assigned you the job, said no to a transfer, and not working was illegal under then โ social parasiteโcriminal statute. Whatโs the volunteer system?
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 Is researching a market, sourcing a storefront, negotiating equipment, making repairs to complex with regulations, not labor? If I open a coffee shop itโs a lot of labor before the doors open. How much am I entitled to be compensated for?
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 But our current cycle of quarterly reports just leads to chasing stock price for stock price sake, not the health of the company. That should be changed to semi-annual or even annual. Stocks became a victim of Goodhart.
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 This business fails. I miscalculated demand, whatever. My employees go home and go on LinkedIn. I am in debt a million dollars, and also unemployed. The risk Iโm taking is far more than the workers. If the business succeeds, should I not be rewarded more for the risk I took?
@lily72177495@FiveSkinned@SerenadingVoid@ExSyde@griffin777_@Fishythefox2 Let me scale it down a little to a small business. I want to open a coffee shop. I take out a mortgage on a storefront. I take out a business loan on all the equipment. I take out a loan to be able to pay salaries for the first year. Letโs say a clean million dollars.