Two hours ago I drank a coffee. However, since it didn't actually reduce or address the underlying cause of my tiredness, I am now more tired than before. This is an example of a paradox.
The government could simply nationalize the ones that are actually doing anything resembling real and important work instead of just letting it collapse :very-smart:
No no no. You don't understand profit motive at all. How can we fix climate change if nobody is capturing surplus dollars?
Did talk in a bar with a couple of people about it, the US "expat" (read IT immigrant who dislikes how multicultural we are in Germany) did explain to me it would be wrong to have the state buy out those companies, or give workers shares. Instead they ought to ensure that everyone who would've lost money in the bank gets it fully reimbursed (so that workers get their wages) and also only governmental secure the loan so the bank keeps going.
The majority agreed with you though, he wasn't convinced by anyone.
It's pure ideology and blind faith in "the market is more efficient by nature", leading to "the state will fuck everything up if it gets the private sector's job"
Absolutely. The ideological horror of him was also clear in other points. He was against affordable housing and all that and was the opinion since there is not enough housing you ought to liberalize the housing market and allow it to increase rents as much as possible and remove renter protection.
The kicker is that he did leave the US cause he wanted to get health insurance, profit from comparatively low rents in Berlin and also save on school and university fees for future children. Meanwhile he was against the taxes he had to pay. The ideology is quite encompassing even if it directly works against your benefits - even in neoliberalist hellholes with slightl social democratic leftovers like in Germany.
We really need a new Gosplan.
comparatively low rents in Berlin
Ah yes, gentrification.
There are couple of these firms, or were, involved in some promising stuff.
That's one of two out of over a thousand though. Mostly they were just green washing criminals and crap like that.
each bullshit job is a tragedy twice: when it was created and when it is lost
In today's NPR article titled Silicon Valley Bank failure could wipe out 'a whole generation of startups'
The bank was on firm financial footing on Wednesday. The following day, it was under water.
For Shelf Engine, a 40-person startup founded in 2015 that uses artificial intelligence to help grocery stores reduce food waste [CITATION NEEDED!!! CITATION NEEDED!!!], this was a major problem.
I love how credulously they reprint a company's stated goal as just the fact of what they do. I assure you this company has not reduced food waste in any meaningful sense at any moment during the 8 years it has existed.
These SV shitheads pretend like they have solutions to problems that either are inherent features of capitalism or are problems that people exactly like themselves created just a bit earlier in this world. Fuck them all. I have seen so many of these idiots and they all would make me deeply resent the fact that I studied computer science if it weren't for the fact that the GPL exists. It probably sounds like a joke that a software license makes me happy, but the GPLv3 and AGPLv3 especially are so anathema to SV techbros, libertarian tech bros, and corpos generally that I can't help but to love and insist on producing and consuming GPL software to the maximum extent possible.
For Shelf Engine, a 40-person startup founded in 2015 that uses artificial intelligence to help grocery stores reduce food waste [CITATION NEEDED!!! CITATION NEEDED!!!], this was a major problem.
Wow using data analytics to reduce shrink in a retail setting *slaps forehead* why didn't i think of that?
Large grocers do outsource this stuff a lot of the time, and yeah it isn't revolutionary or novel. At best it's just a bandage on the inefficiencies of markets.
Another thought: IF you say "Hey some corps did reduce some effects of climate change slightly [doubtful]" then you ought to also look at the companies that were bad for climate that also were financed. A ton of Silicon Valley Corps are bullshit and burn resources and people's labour that could be used for good stuff, like building productive facilities.
Oh no not the climate tech that was being done to launder money for resource extraction and big oil!
Just imagine, if someone at SVB has just seen the Wu Tang Financial sketch, this could have all been avoided.
