laylawashere44

joined 1 year ago
[–] laylawashere44@lemmy.blahaj.zone 31 points 1 year ago* (last edited 1 year ago) (8 children)

It's usually done to basically pay to increase companies own stock price. They often do it because CEO and executive pay is based on achieving certain goals such as stock price. However, every penny thrown at investors in a buy back is money that could have been used to weather a downturn, or increase employee pay or simply reinvested in the company itself. This often leads to companies then requiring government bailouts to continue functioning when say a global pandemic hits. The Plain Bagel has more detailed video on the ups and downs of stock buybacks on YouTube.

Your first point is already a huge problem on wikipedia. There was controversy a while ago when a prolific editor simply went through pages about various Nazis, checked the sources, found out they were all nonsense, oftentimes purposely misquoted to glorify said Nazi, removed them and then had the page deleted for not having valid sources/enough content. And honestly good for her.

[–] laylawashere44@lemmy.blahaj.zone 1 points 1 year ago (1 children)

Yeah so freedom of speech in America doesn't pay to threating the president. Like they don't fuck around. They will go after musicians who allude to it in music for example. I believe Eminem has had Secret Service turn up at his house multiple times.

I'm pretty sure they'll even track down people who make threats on pseudo anonymous websites like reddit.

[–] laylawashere44@lemmy.blahaj.zone 8 points 1 year ago (1 children)

Because they aren't doing it to control the package repo, they are doing it to score nationalism points.

[–] laylawashere44@lemmy.blahaj.zone 16 points 1 year ago (1 children)

I think Andy Weir basically revived the Victorian adventure story genre. Robinson Crusoe is the most famous book in that genre.

But The Wager by David Granny a nonfiction book about a real life wreck and how the navy sailors survived off the coast of Patagonia.

In the Heart of the Sea by Nathaniel Philbrick is also non-fiction in the same vibe about a group of sailors lost in the Pacific after a whale sinks their ship.

The Terror by David Simmons is also another lost at sea book but fiction with a supernatural element set in the arctic based on a true story.

Alone: A Classic Polar Adventure by Robert Evelyn Bird is a first hand account of his failed attempt to survive alone over winter in Antarctica. It's absolutely harrowing.

[–] laylawashere44@lemmy.blahaj.zone 21 points 1 year ago (3 children)

This is 100% a nationalism thing. They want to be able to say we make our own operating system. That's it. It's going to be a disaster when they inevitably fuck up because they are doing g it for the wrong reasons.

They don't want Mama to teach them to be habituated to us. Bears need to be scared of us, or they'll end up hurt and probably dead.

But on the contrary the likes of Dongfeng have a lot of money to throw around, and if Chinese companies are good at one thing, its catching up to Western competitors at lightning speed.

[–] laylawashere44@lemmy.blahaj.zone 3 points 1 year ago (1 children)

Even then I highly doubt it's make an appreciable difference.

[–] laylawashere44@lemmy.blahaj.zone 14 points 1 year ago* (last edited 1 year ago) (4 children)

Because it gives powerful people permission to do whatever they want, everyone else be damned.

Both of the two major Longtermist philophers casually dismiss climate change in their books for example (I have Toby Ord's book which is apparently basically the same as William Mckaskils book but first and better, supposedly). As if it's something that can be just solved by technology in the near future. But what if it isn't?

What if we don't come up with fusion power or something and solving climate change requires actual sacrifices that had to be made 50 years before we figured out fusion isn't going to work out. What if the biosphere actually collapses and we can't stop it. That's a solid threat to humanity.

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