new account due to issues

  • 2 Posts
  • 36 Comments
Joined 4 days ago
cake
Cake day: August 1st, 2026

help-circle







  • basically “higher quality” laws always make it very difficult for new players (such as your friend) to enter the market, because you have to have a whole lot of assets to start. which means there’s less competition -> providers don’t have to optimize on price so much -> they can get away with higher mark-ups.

    the same is happening with cars, and housing. in the EU for example they require that every car have a few extra sensors (such as driving assistance, check whether the driver falls asleep, etc.). this makes manufacturing cars more expensive -> cars get more expensive. we all (everyone who buys a car) pay for this. they “improve quality” (mandatorily) at our expense.






  • seize

    in other words, steal. i’m actually fine with that if it’s for the greater good. the question is: would it work? do you have any idea how to run a company on that scale? there’s a whole lot of companies that have business connections all around the world. what happens to those? can you handle these connections? what if other companies think that you’re not trustworthy anymore and refuse to do business with you? how do you handle these cases?

    also what about money? just that the company is now held by workers does not somehow suddenly make it have much more money. especially grocery stores maybe have 3% profit margins, that means, even if no CEO siphons off wealth, the company’s ability to spend money increases by maybe 3%, so wages could go up 3%. just to inform you, about what’s realistic here. it’s not as if you’re suddenly having a 3x wage increase.



  • so i can tell you from an example why private companies exist that do things that are typically done by public companies … here in austria, there’s a railway operator called WestBahn. They provide passenger trains on the route from vienna to innsbruck (roughly). That’s the only route that they service. Why do they do it?

    because it’s one of the most provitable routes in all of austria. it has many, reliable passengers. servicing that route turns a profit. servicing many other routes, for example bus lines in some remote village, is still necessary, but obviously doesn’t turn a profit as it has maybe 3 passengers at a time.

    so, they pick the 1 route that’s actually very profitable, only service that, and leave every other route to the state-owned alternative. that’s what’s happening.








  • nah the reason why people are working full time in the US today is not because food production requires that much work input, it’s because of everything else.

    to produce food, according to some calculations, you need about 1.2 hours of labor per person per week on average. source: read it a while ago. 2% of population produce enough food for 200% of population, assume these 2% work 60 hrs/week, that makes 1.2 hours per week if 100% of people were working in agriculture.

    the reason why the people work full time is not because food production takes that much effort, but because agriculture is not the only thing that people are busy in. so you don’t have 100% of people working “for food”. it’s everything else that takes the 98% of effort, not the food production.