• 0 Posts
  • 50 Comments
Joined 2 years ago
cake
Cake day: June 20th, 2023

help-circle
  • ??? Of course you do. Investors don’t just buy their way into hypothetical future profits, they buy control over the company. The specifics depend, whether it’s voting shares or the looming threat of debt collection, but the courts will 100 % enforce investors’ right to demand things from companies.

    Furthermore the idea that publicly traded companies have some kind of obligation to make as much money as quickly as possible is a reddit-born myth. Shareholders will bring in a CEO, who will be tasked to do whatever and can be fired from the shareholders at any time. Grievous mismanagement and intentional damage can expose a CEO to legal action, just like intentionally destroying tools can expose a worker to legal action. But a CEO acting in good faith has no other obligation than to fulfill the tasks asked of them by shareholders. The problem is that goes wrong when large shareholders plan to sell their shares and need the numbers to look a little better to sell a little higher. But this phenomenon absolutely happens with PE as well – in fact it’s arguably way worse because publicly traded companies at least have legal obligations of financial transparency. Private shareholders can do whatever the fuck they want, including secretly selling their shares to Evil Inc. for them to strip the company for parts and not a single employee has the right to even know who the majority shareholder even is, nervermind what their plan is.




  • azertyfun@sh.itjust.workstoHumor@lemmy.worldYes, But
    link
    fedilink
    English
    arrow-up
    0
    ·
    2 months ago

    Yep, that’s exactly it and why no-one understands each other on these threads.

    North America is three months away from Boston Dynamic Replicants gruesomly executing and dismembering single mothers in public because a little bit of flour fell out of the bag at the counter and Peter Thiel’s AI decided it was Space Fentanyl.



  • I’ve wrapped plenty of sensitive electronics that I’d be comfortable throwing at a wall. Get a larger box than you think you need, some foam wrapping/bubble wrap from another package and use that to form a protective core. Fill the rest of the box with lightly crumpled scrap paper, or packing peanuts if you have them. It ain’t rocket science.

    You just have to assume in the first truck the package will sit underneath seven other heavy packages, while the second truck will be completely empty as your package rattles around and bangs against the walls. Anything else is foolishness, you know damn well those trucks aren’t individually fastening every box for a couple euros of gross revenue per delivery.





  • Belgium has some of (if not the) lowest income inequality in the OECD due to our very harsh income tax (highest median tax wedge of the OECD, yes even including the nordics). With quite a few asterisks attached to that statement of course because our fiscal system is a complete mess so if you’re special kinds of well off (e.g. you make your income on capital gains) you’ll be taxed very little.
    How low income inequality doesn’t correlate to very high standards of living like it does in the Nordics… Well I’ll leave it to historians and economists to hash it out. The answer you get will almost certainly reflect that person’s personal politics. Harsh industrial decline is worth mentioning though.

    Wallonia is measurably poorer than Flanders, but both regions are developed western economies. The US has a murder rate 535 % of Belgium’s, and I don’t see anyone warning students away from studying there (or well, not until the past few months).
    That judge should be investigated and the prosecutor should definitely appeal, and besides there is a lot of work to do safety-wise, especially for women to be able to feel safe, but that’s hardly a problem specific to Leuven or Belgium.


  • An American visiting family across the country would be like if you went to visit relatives in Latvia or something (in terms of distance).

    I think you’re overplaying the distance part a little bit. America was “discovered” in the Age of Exploration right on time for distance to be an increasingly less important factor. Hence why America could sustain a federal state made up of an almost entire homogeneously WASP population, and Europe could not (and the idea of a “federal Europe” is still a pipe dream at this point). There’s more of a cultural divide by every metric between two cities 100 km away on either side of a linguistic border in Europe than there is between Boston and Los Angeles.

    while a Boston accent to a Southern drawl is more like Quebecois French to European French

    You’re over-exagerating. Heavily accented Texans have little to no trouble being understood by a Bostonner, but a heavily accented older Québécois is nigh impossible to understand for the unattuned French ear. It’s like the Hot Fuzz “sea mine” scene.

    I appreciate that the US obviously doesn’t have a fully homogeneous culture (especially in cities with immigrant backgrounds), but it’s nothing Europe where Brits can tell which village someone comes from just from their accent. If I were to drive to Riga (which is actually barely as long of a drive as Boston to New Orleans) I would have to go through five sovereign states, each with their own language and variety of minority languages, their own idiosyncratic laws and justice systems (to the point that unlike the US the EU never make laws, it makes directives for EU states to implement individually), a completely different set of TV shows and radio shows and literature canon and more local food specialties than would be possible to keep track of. I’m sorry but going from Boston to New Orleans is nowhere near as much of a cultural shock. The only thing comparable to going from Belgium to Latvia is going from the US to Latvia.

    Anyway it’s not a competition. Taking pride in our ancestors’ achievements is a dangerous road to go down, and anyway if we look at modern achievements then the entire developed world has unfortunately coalesced towards a very globalized (often american-centric) set of values and esthetic sensibilities. You can take a random new condo built in Phoenix, Amsterdam, Shanghai, and Bratislava and not be able to tell which is from where, and the people living in them are probably all watching an American TV show anyway.


  • I’m as basic-white-belgian as they come and even I have a little bit of Italian and Eastern European (IIRC) somewhere in there. “Pure” (ew) lineages are actually quite rare in Europe, only the most remote places were spared the millennia of warfare (and the grim reality that soldiers, uh, move genes around) and the urban flights of the industrial revolutions. The average European’s background isn’t as diverse as the average American’s, but a lot more than one might naively assume.

    What is striking about North America though is the anglo-saxon cultural homogeneity, especially considering the diverse backgrounds. Besides Quebec there’s virtually no language barrier anywhere, and an almost entirely homogenous culture. You could probably raise a kid in 6 states and 3 provinces without any major issue. All North Americans eat Mac and Cheese and they all watch the Superbowl and all American children stand up for the Pledge. Meanwhile the only cultural references I am likely to have in common with the average Pole is American TV/movies/music and depending on their English skill having a conversation at all may be a major challenge.


    1. Don’t infantilise him. He’s not attention-starved, he’s a Nazi.
    2. Did everyone forget Trump already did that during his first term??? I am going absolutely insane. We know he will threaten to nuke anyone and everyone. And right now the odds aren’t looking good that he won’t actually do it. That’s my call. Nuclear war. People called me crazy in 2020 when I called Trump a fascist, and my worst predictions will be proven right again because everyone seems to be dead-set on downplaying the actions of these Nazi lunatics and acting surprised when they pull through with a Nazi promise which only emboldens them.

  • I was there Gandalf…

    Before that date their algorithm was soft-locked to around 5k upvotes. If a post was extremely, massively popular it would climb to maybe a bit over 10k but that was insane. There was clearly a logarithmic scaling effect that kicked in after a few thousand upvotes. Not entirely sure why, perhaps to prevent the super-popular stuff from ballooning in some kind of horrible feedback loop.

    The change was to uncap the vote counts. One day posts just kept climbing well beyond the 5k mark. Now what they also did was recalculate old posts in order not to fuck up the /top rankings. Kinda. Took a while and I’m not sure they got to every post.

    I don’t know or care if reddit does vote manipulation, but this ain’t proof and I don’t see how it is unbelievable that a website with tens of millions MOA would occasionally have a post with 100k+ upvotes.



  • The fact that they polled customers afterwards points to this being a simple corporate fuckup. This kind of thing regularly happens as well where I live despite noncompetes basically not being enforceable.

    Acquiring companies is easy, but it extremely rarely goes well. The incentives and skills required to buy something and give a sales pitch to a private equity firm simply do not overlap with the incentives and skills required to vertically integrate that thing without completely destroying it.

    In many ways these corporate ghouls are like serial hobbyists. Buying all kinds of expensive toys and tools they don’t understand then breaking them and/or giving up.



  • They got the .microsoft TLD a while back specifically for this purpose. Supposedly they want to migrate all their cloud services there, but I learned about that a year ago and I’ve only seen it in use once since (IIRC on Loop…)

    And let’s not forget about facebookmail.com, the official mail server for Facebook login notifications since 2004.

    The tech is here, the risks are enormous, but the corpos don’t care because they don’t bear the costs of phishing attacks and governments are too impotent to enforce minimum standards of cybersecurity.


  • It makes some sense contextually.

    Purple and light purple are “NFP (left)” and “not NFP (left)”. Socialists are traditionally red.

    The two blues are “LR (right)” and “not LR (right)”. Liberals are traditionally blue.

    Yellow are center-right neolibs.

    The independent left/right seats don’t matter much because they will vote predictably with their political side on most issues, so since this will be a coalition Parliament there is not much point in outlining individual party affiliation (anyways the NFP is already a coalition of several parties).