site banner

Culture War Roundup for the week of July 15, 2024

This weekly roundup thread is intended for all culture war posts. 'Culture war' is vaguely defined, but it basically means controversial issues that fall along set tribal lines. Arguments over culture war issues generate a lot of heat and little light, and few deeply entrenched people ever change their minds. This thread is for voicing opinions and analyzing the state of the discussion while trying to optimize for light over heat.

Optimistically, we think that engaging with people you disagree with is worth your time, and so is being nice! Pessimistically, there are many dynamics that can lead discussions on Culture War topics to become unproductive. There's a human tendency to divide along tribal lines, praising your ingroup and vilifying your outgroup - and if you think you find it easy to criticize your ingroup, then it may be that your outgroup is not who you think it is. Extremists with opposing positions can feed off each other, highlighting each other's worst points to justify their own angry rhetoric, which becomes in turn a new example of bad behavior for the other side to highlight.

We would like to avoid these negative dynamics. Accordingly, we ask that you do not use this thread for waging the Culture War. Examples of waging the Culture War:

  • Shaming.

  • Attempting to 'build consensus' or enforce ideological conformity.

  • Making sweeping generalizations to vilify a group you dislike.

  • Recruiting for a cause.

  • Posting links that could be summarized as 'Boo outgroup!' Basically, if your content is 'Can you believe what Those People did this week?' then you should either refrain from posting, or do some very patient work to contextualize and/or steel-man the relevant viewpoint.

In general, you should argue to understand, not to win. This thread is not territory to be claimed by one group or another; indeed, the aim is to have many different viewpoints represented here. Thus, we also ask that you follow some guidelines:

  • Speak plainly. Avoid sarcasm and mockery. When disagreeing with someone, state your objections explicitly.

  • Be as precise and charitable as you can. Don't paraphrase unflatteringly.

  • Don't imply that someone said something they did not say, even if you think it follows from what they said.

  • Write like everyone is reading and you want them to be included in the discussion.

On an ad hoc basis, the mods will try to compile a list of the best posts/comments from the previous week, posted in Quality Contribution threads and archived at /r/TheThread. You may nominate a comment for this list by clicking on 'report' at the bottom of the post and typing 'Actually a quality contribution' as the report reason.

9
Jump in the discussion.

No email address required.

Great point. We should also add a market cap tax along the same lines. Perhaps 1% per trillion per year, adjusted along the same lines. (So 0.001% per billion, etc...)

This would prevent excessive consolidation.

The point is that the government, being so very bad it, should not intervene in the free market but should simply extract a simple and fair tax from excessive profits. The simpler the better.

from excessive profits.

There is no such thing.

You can sustain your profit margins through a fantastic product, a moat, whatever else. Or, they gradually erode to competition. Sure, software margins look eye-popping but the deeper financials bring the back to earth. Also, remember that, because of bad tax policy developer salaries were able to be categorized as R&D expenses for years instead of COGS, which artificially boosted margins.

Much more likely, your margins come back down due to competition. That's how the market works and it works well.


In the Government Contracting world, so much of pricing a project comes down to a "fair and reasonable" standard that is (a) loosely defined and (b) ultimately, subject to the whims of a mid level bureaucrat. How do they determine "fair and reasonable?" largely through vibes based "Gee! that seems like a lot!" reasoning. Bear in mind, too, that the GS pay scale tops out at maybe $160k (even in places like LA, NY, DC) and these gov't employees know that the VPs on the other side of the table from them are north of $400-$500k, and it does come down to pretty Kafka-esque jealousy sometimes.

The result?

Government Contracting, especially for weapons platforms and airplanes, is THE poster child for cost diseases, budget overruns, and takes-forever delivery. The government gets to feel smug for its penny-pinching at the unit margin level, meanwhile there's an ocean of cash they light on fire over 20+ years.

This is staggeringly ignorant on many dimensions. To pick one at random, Mark Zuckerberg would happily manage his market cap down to $20MM and compensate his employees with cash if it meant he could rely on his sole shareholder vote to retain control and consolidate the entire tech industry into a behemoth that bestrides the world. Your proposal is a road to Soviet style serfdom, and not even a long road.