• 0 Posts
  • 51 Comments
Joined 1 year ago
cake
Cake day: June 21st, 2023

help-circle








  • The description is a vast oversimplification of the fall of the Roman Empire, of course.

    Like the game Monopoly, unrestrained capitalism will always end up with a few people owning almost all the value while everyone else live in poverty, and it will always end up in systemic collapse because you can’t get infinite value out of finite resources. At some point the game will be over.

    But unrestrained capitalism doesn’t exist, even in today’s very unequal world. There are forces that undo the momentum of capitalism, including taxation, regulation, trade barriers, and public goods and services. Some countries do this better than others.

    I happen to think that regulated capitalism, balanced by a heavy emphasis of wealth taxation and investment in public goods and services, is better than any other system that relies on non-monetary control of resources. It can be sustainable, but not in its current state.






  • Dave@lemmy.worldtoTechnology@lemmy.worldAmazon's Silent Sacking
    link
    fedilink
    English
    arrow-up
    50
    arrow-down
    1
    ·
    edit-2
    9 months ago

    Among tech companies, RTO has primarily been about one thing: maintaining real estate investments. This was likely the primary reason Apple began RTO much earlier than most of its peers (Aug 2022). Apple has enormous RE investments in Apple Park, in San Diego, Austin, and a bunch of other locations, and RTO was a way to ensure their values stay up, and they can remain qualified for tax credits by bringing commerce to those areas.

    The fact that RTO also causes the most expensive people to leave was a fortuitous bonus. In 2023, interest rates went high, and money (and thus revenue) became tight, so companies like Amazon enacted RTO to force their most expensive employees to leave.

    Make no mistake: Apple, too, used RTO as an attrition tool. They fully expected some single-digit percentages of their engineering workforce to quit due to RTO.







  • The open secret of Open Source is that successful projects are largely the playground of capitalists. Who has the time to develop and maintain a whole mobile OS with all of the services people have come to expect, for no compensation? Surely the money flows in from interested parties who can then use the software to their advantage.

    Much of the fundamental pieces of iOS and macOS is open source too. Darwin/XNU are open-source, but no one is under the impression that any of this effort is to benefit anyone other than Apple. Sure, Darwin-based alternative OSes exist, but let’s not kid ourselves that they are anything but curiosities, waiting to be derailed by Apple when they get too large.