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Culture War Roundup for the week of September 30, 2024

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Aside from the lame reference to covid, I didn't hear much in the clip that I was unsympathetic to.

It's ironic that I've been posting so much about the impossibility of changing one's mind the last couple of days, because I have noticed myself becoming substantially more sympathetic to unions in just the past couple of years. I'm tired of corporations using "profits" as an excuse for every shitty thing they do. Big tech platforms have to implement woke advertiser-friendly censorship because that's what's best for profits, and Boeing has to skimp out on safety because they need the profits, and we have to keep importing third world migrants and outsourcing manufacturing because well, that's simply what's best for profits! It seems to me that the much maligned "enshittification" of the 21st century is just a synonym for the race to squeeze every last drop of profit possible out of increasingly thin margins.

If profits incentivize so much bad behavior, then maybe we just need to chill on the profits for a while. Take a break. It won't be the end of the world. Share some of the excess cash with your employees, or invest it in a scientific or artistic endeavor of your choosing, or just burn it for all I care, it doesn't matter much.

I frankly don't know anything about the specific demands of the longshoreman's union in this case, or how proportionate they are to the actual work being done. But I'm sympathetic to the underlying impulse, and I'm definitely not feeling very sympathetic to corporate America right now.

The situation is symmetric though. The union's doing this exactly because it has the negotiating power to extract profits for its members! They already make double what the average menial laborer makes and want to double it again.

Also, the margins aren't increasingly thin. Stock prices (discounted future profits) keep going up, and stuff keeps getting cheaper. The things that aren't getting cheaper are often an illusion (healthcare is more expensive mostly because we're using more of it, education's getting more expensive because ... people want more of it, and price isn't tied to anything). Housing's bad, but you can't win everything.

healthcare is more expensive mostly because we're using more of it

The healthcare industry is so addicted to insane price opacity aided by gov't subsidy of demand (and restriction of supply) that people are using significantly more, at higher prices, than they would otherwise.

education's getting more expensive because ... people want more of it, and price isn't tied to anything

On top of subsidizing demand (causing the people wanting more of it) and restricting supply, the price actually is tied to something - the gov't swoops in and helps universities price discriminate and try to tie the price as close as they possibly can to your personal willingness to pay. It's the outliers like Harvard where they hardly even bother with prices for most customers. They can focus almost entirely on the few 'whales' who will 'donate' tens of millions of dollars with no explicit promise (only a wink) that their daughter or granddaughter will be admitted and then hold distributional power over the rest to give out as is politically useful or maximally self-serving.

If profits incentivize so much bad behavior, then maybe we just need to chill on the profits for a while. Take a break. It won't be the end of the world. Share some of the excess cash with your employees, or invest it in a scientific or artistic endeavor of your choosing, or just burn it for all I care, it doesn't matter much.

I agree. I put forth the following modest proposal: require by law that every American send me (personally) a dollar. It's hardly any money at all, it can't matter to just about anyone. I'm even more generous than the longshoremen - I don't demand it in perpetuity, just a single lump sum.

The unions don't have the right to impose tariffs, that belongs to the federal government.

They're essentially requiring tariffs on these ports in order to line their own pockets.

I frankly don't know anything about the specific demands of the longshoreman's union in this case, or how proportionate they are to the actual work being done. But I'm sympathetic to the underlying impulse, and I'm definitely not feeling very sympathetic to corporate America right now.

This paragraph literally reads as "I don't know anything about the issue, but here's my feelings." I just want to verify this is your intent.

I'm tired of corporations using "profits" as an excuse for every shitty thing they do.

Perhaps it's a red herring? An excuse for behavior that's actually motivated not by profits, but by greed. "But but but greed == profits!" No, not really. You can run a profitable or non-profitable company and still be greedy and pay yourself or your executives far too much. Hell, you can run a freaking nonprofit and still pay yourself an insane amount of money. Several publicly listed tech companies don't actually turn net profits (which is different from operating profits which is different from free cash flow) - But pay their executives sky high salaries and award generous options packages that have been better than cash for 20 years.

"enshittification" of the 21st century is just a synonym for the race to squeeze every last drop of profit possible out of increasingly thin margins.

It's far worse than that. If "they" were squeezing profit out, it would be OK. They're squeezing cash out through all sorts of fun financial gimmicks and tricks. Or a very simply game of musical chairs. In fact, right now, the big vibe shift in Silicon Valley is that investors are being way more critical of a company's path to profitability.

"Profits" aren't the problem, it's the rent-seeking behavior on the way to profits. And this is what unions do; they seek rent through "collective bargaining" which is functionally synonymous with extortion and racketeering. If you have grown more sympathetic to them, you are growing more sympathetic to money being siphoned off for no other reason that those who are already there have their hand closest to the trough.

This paragraph literally reads as "I don't know anything about the issue, but here's my feelings." I just want to verify this is your intent.

I don't know anything about the longshoreman's union, but I am here to share my feelings anyway. Yes that is my intent.

This isn't a particularly unusual state of affairs, nor would I necessarily classify it as an epistemic vice. People form opinions based on incomplete information all the time. Nothing wrong with starting with an intuition and refining as you go. It's not too unlike certain Mottizens who have very strong opinions on the Frankfurt School, despite never having read a word of the Frankfurt School's work.

you are growing more sympathetic to money being siphoned off for no other reason that those who are already there have their hand closest to the trough.

I just can't bring myself to be very upset over money siphoning right now. So many awful decisions (I mentioned corporate wokeness and mass immigration) have been justified by recourse to "shareholders' bottom line". Very well then. If that's the case, then I don't care about their bottom line anymore. Siphon away.

This paragraph literally reads as "I don't know anything about the issue, but here's my feelings." I just want to verify this is your intent.

There has been an increasing number of posts like this here and I do not understand it.

“I don’t pay any attention to politics and don’t know anything about the candidates, anyway here are 14 paragraphs about my thoughts on the election”

Has it always been like this? I don’t remember it ever being so blatant.