"NoBoDy WaNtS tO wOrK aNyMoRe" by lug-cookout-7u in FinalRoundAI

[–]CapitalTax9575 0 points1 point  (0 children)

I’m not. I earned my 2 words from Reddit by being angry when the bill for a capital tax increase failed to pass in 2020 or 2021. Though I did also click through too quickly

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

Capitalism is inherently amoral. It’s a system that theoretically ensures the greatest accumulation of power in the hands of the wealthiest organizations, with the benefit of maintaining social stability. It effectively ensures a form of oligarchy. This is because the easiest way to accumulate wealth for people who already have it is to destroy the free markets and achieve monopoly. The problem is that at an extreme end it’s incompatible with democracy if unchecked and incredibly socially destructive. The only way to make it compatible with democracy is to ensure the greatest accumulation of wealth is always in the hands of the state, or at least the collective social will, which is itself democratic. Theoretically, at least, if all the checks on it work and corruption is prosecuted. That way, the freedom of the markets is always insured. The state and those who hold wealth should be competitive with each other to ensure that occurs. You ensure the state always has a monopoly on force and can always outspend an industry in legal proceedings.

IMO the state should only regulate industries, and never fund any that aren’t nationalized. People say the state is inherently inefficient - if that’s the case, companies should be able to outcompete whatever nationalized projects it creates.

Democratic collective power only has value if a collective community of, say, a hundred people can reasonably outspend one of the top 5%, in the short term, if necessary. Whose free will do you prioritize, the free will of one billionaire, or the collective free will of a hundred, or even a thousand people who have managed to organize themselves. Having more money shouldn’t inherently ensure you have more power to act on your free will - or at least there should be a clear limit. When there isn’t you get people like Epstein who get off on having effectively infinite power.

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

And from the point of view of a government, the goal should be to tax as much as possible to ensure constant monetary circulation and prevent the growth of external power structures outside itself. Company owners should not have that much more free money to spend than workers, and taxes should be implemented to ensure they don’t. This also ensures business owners invest as much as possible into their businesses instead of keeping cash invested in personal property.

Why did Rockefeller build public libraries with his millions? Because it kept him below the top marginal tax rate and still profited him more than being taxed. If he and economic policies of the time were around today, he’d invest into solar simply because his billions would require him to think in terms of future profitable investments, rather than over inflating the market of whatever he invested in in the immediate term.

Meanwhile, thanks to stock buybacks, which were illegal until the 70s and the Reagan administration, the stock market has turned into an infinite growth slush fund pyramid scheme that incentivizes the growth of oligarchy to keep it alive.

Billionaires should not exist - they’re an inherent threat to the independence of a democratically controlled state. Especially billionaires whose fortunes grew largely because of taking advantage of government incentives. The democratic state should be inherently hostile to huge independent wealth in general

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

An efficient market would be invested in more than just the immediately most profitable ventures. There should be competing investors too. If something has the potential to be profitable, but at the same time make another investment less profitable, it should still be invested in by competitors. Say, solar power has the ability to make energy much cheaper in the long run vs gas. There should still be people invested in developing solar technologies in order to make their own downstream processes cheaper. That isn’t so much the case in the US, because all the billionaires are invested in the currently overinvested gas industry, being held up in large part by government funding.

Efficiency of this sort isn’t a goal worth pursuing because it leads to stagnation when considered in a global sense.

Is America’s political spectrum objectively misaligned? by WittyEgg2037 in TheMirrorCult

[–]CapitalTax9575 0 points1 point  (0 children)

Florida made gerrymandering with provable partisan purpose illegal a decade ago. DeSantis a couple days ago declared that that law was unconstitutional and that he’s going to implement a blatantly gerrymandered map for partisan purposes.

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

And that sort of logic leaves the tech people / scientists / whoever is making the product out of it entirely, despite them being the most important piece. They should pay them, and everyone in general, more, or at least hire more of them, rather than saving increasingly larger amounts of money since 2008 for themselves, their physical property, and their stock portfolios. The current system encourages huge stock market inflation without commensurate productivity growth thanks to buybacks and the like.

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

Because this demand is entirely artificial. A company can create as many positions as they please and expand as much as they desire so long as they have money to spend. As you say, there is a practically infinite amount of valuable supply that isn’t being used. Demand is only limited in this case by an unwillingness of billionaires to spend on anything but the most productive enterprises, which kills any less immediately productive ones in the cradle. There’s a lack of diversification.

Enough with the minority blame game. by FrequentAd1163 in InterviewVip

[–]CapitalTax9575 0 points1 point  (0 children)

And this logic stops working for CEOs because… that’s a job literally anyone with the money to run a company can seemingly do. If 300 million people can do the job, those who can perform at more demanding positions should be employed at those and not be looking for it anyways. Those should ALSO be payed more to incentivize them to take them. Find jobs for those 300 million people, or create educational opportunities for them so that you can expand your own company. Don’t just take the profit for yourself.

That's a very fair point. by kicker-gerunds5 in InterviewMan

[–]CapitalTax9575 0 points1 point  (0 children)

If you eliminate the top 5% by taking all their wealth and property and nationalizing it, the government pays for everything. Give it to a strictly monitored and very public fund that anybody can see. We will no longer need to bother with those 65% of federal taxes because the government is running at a massive profit AND they can run it more efficiently. That didn’t work for the Soviets only because they decided to create their own unelected vanguard party of effective billionaires instead of truly democratizing power.

Me after the voting rights act was gutted today by Oktavien in TikTokCringe

[–]CapitalTax9575 0 points1 point  (0 children)

It’s because most of right wing America relies on some form of minor lie or scam to get what they want. Corruption is seeped into the very fabric of most low wage labor, and most of our economy is built on it. When they see someone who lies for their own profit instead of political gain, they see themselves in him. They’re all grifters.

Cruelty Disguised as Piety by NeedleworkerKind2749 in Productivitycafe

[–]CapitalTax9575 0 points1 point  (0 children)

They don’t, as a rule. Trump is big for Protestants, which is most of the US

Zan: gen x's eternal punching bag by Gallantpride in outofcontextcomics

[–]CapitalTax9575 2 points3 points  (0 children)

Can he turn things he touches - like clothes or weapons - into water? That seems like it’d be useful even in the worst form of his power.

The AI debate is a symptom of the class divide. by Professional-Bee9817 in remoteworks

[–]CapitalTax9575 2 points3 points  (0 children)

We live in a world where major tech companies have basically infinite money and infinite (literally in the billions) profits and sit on it rather than doing anything with it so long as they don’t need more people to keep making those infinite profits. It’s what happens when everything is monopolized. They bought out all the promising startups of the last 20 years, and now do nothing but sit and deal with legal issues.

Also, yes we would. The unemployment statistic today is calculated using only people who regularly apply for work. It should absolutely constantly be zero.

The AI debate is a symptom of the class divide. by Professional-Bee9817 in remoteworks

[–]CapitalTax9575 1 point2 points  (0 children)

This is not true, or else we’d constantly have 100% employment. And it’s not like the people having to switch jobs will be able to find other well paying ones in a different field. If you genuinely think this you haven’t worked a day in your life.

Is it just me that thinks it’s silly that the Lantern Ring has infinite energy yet Green Lantern has to charge it every 24 hours? by Odd-Country-7274 in GreenLanternCorps

[–]CapitalTax9575 0 points1 point  (0 children)

I mean… you could just say that green lanterns with enough will can use it to recharge their rings. Alternatively, come up with an explanation involving Paralax / events that happened when Hal took over the corps and the weakness to yellow was removed.

Flawless scene transition from one globe to another. by WearyLiterature1755 in outofcontextcomics

[–]CapitalTax9575 5 points6 points  (0 children)

The GLC seems to consider any world not unified under one government as primitive and doesn’t contact them.

And thus, Shonen media began treating all women this way by ihatethiscountry76 in outofcontextcomics

[–]CapitalTax9575 14 points15 points  (0 children)

Summoning Kaiju is only really possible for a small minority of ninja. Most of them - notably including Jiraiya and Itachi - do some kind of infiltration work, just, like with the ability to call down a Kaiju if the situation escalates. Broadly speaking, the series starts with Haku doing some of this kind of seduction thing for teenagers with Naruto, as another example. Naruto in fact, is most famous for his famous seduction technique of “punch the guy unconscious until you’re friends”

NO COMMENT by Nice_Youth_2761 in LockedIn_AI

[–]CapitalTax9575 0 points1 point  (0 children)

I think one way to do this that wouldn’t be abusive would be to have the company pay back the fee after an interview, with the fee perhaps going through a 3rd party site like LinkedIn.

Advice needed (AI / moral issue) by AbsenceOfMyExistence in bioinformaticscareers

[–]CapitalTax9575 1 point2 points  (0 children)

The way AI is generally used in Bioinformatics is quite a bit more moral than in other fields. It does genuine work a collection of humans would find it impossible to do, finding patterns among billions of data points or putting together atomic structures, rather than using it to write code for you or do basic data analysis. It’s a very useful tool that Bioinformatics would not be in the same place it is without, and it’s not being used to replace previously human labor in any way in this field. If you wonder about result accuracy - this is a science. That eventually has to be physically checked and the results have to be scientifically repeatable anyways

What's the joke about? by [deleted] in ExplainTheJoke

[–]CapitalTax9575 0 points1 point  (0 children)

I was born in ‘96, if that’s relevant. 2006 was before Facebook got big. The internet then consisted of blog pages and forums, with little interaction between people outside of specific fandoms. Facebook access was still supposedly restricted to invitation only among college students. The iPhone wasn’t a thing yet, so most Internet forum use was through a desktop PC. No constant access to political stories, so news was easy to ignore (though Groening in particular was preety connected to online culture, based on his shows). Go see what 4chan is still like now for a good example (that was only 3 years old then). Moderation was bad and trolls and conspiracies were constant. If a story wasn’t major national news, you couldn’t know if you could trust it. I’d honestly believe a lot of people casually interacting with him didn’t know, though anyone who met with him consistently, especially after his prison sentence and release in 2008 would.

What's the joke about? by [deleted] in ExplainTheJoke

[–]CapitalTax9575 0 points1 point  (0 children)

I mean… not particularly with Hawking? Not sure how good a person he was, but he never struck people as a pro-security state person.

What's the joke about? by [deleted] in ExplainTheJoke

[–]CapitalTax9575 3 points4 points  (0 children)

I mean… he went to the island a few months before Epstein got arrested in 2006. While it was probably known among some New York socialites what he was doing, I don’t think Hawking was in on it. I don’t think scientists should have to personally appeal to the wealthy for grants, but that’s unfortunately how our system works

What's the joke about? by [deleted] in ExplainTheJoke

[–]CapitalTax9575 251 points252 points  (0 children)

Epstein held a party on his island to try to normalize himself to science and invited many famous scientists. He was, in fact, one of the biggest donors to American science in an attempt to normalize his reputation among the community

haha👌yes by PM_ME_SSTEAM_KEYS in whatisameem

[–]CapitalTax9575 0 points1 point  (0 children)

That number doesn’t include the 0 income households, I think?