As someone who is aligned with these general politics, I would strongly encourage folks working towards a "post-capitalist" world to start by clearly and explicitly stating what that means. What would qualify as "post capitalist?" It's hard to work towards something vague and undefined.
I think this is worth raising because the article sweeps across a broad range of topics that -- in my humble opinion -- are not necessarily "post capitalism." And it may be the case that some political concerns mentioned are in opposition to a post capitalist world. For example, what if the fastest way to a post capitalist world is a changing American politics and then using American hegemony to export those politics?
The article isn't great but your analysis is probably worse.
No per Capita analysis? No income analysis? Only two cities?
This is actually a challenging question to answer. Thankfully other people have done research and we can reference that if we actually want to know the answer, rather than just prove our priors to ourselves.
Urbanists disagree that more VMT is inherently good. VMT is good because of why people make trips - see their family, go to work, shop etc.
The alternative isn't eliminating those trips. It's taking the trillions of dollars we waste and spending it on an alternative, more efficient modes that deliver better outcomes (travel time, cost, speed, comfort, etc)
I agree that VMT is good because of why people make those trips. If you're saying spending all that money on public transit would be a better way to help more people make more of those trips, then you'd be unequivocally wrong in much of the US. Go to someplace like Dallas and marvel at the nearly empty buses and light rail run cars. Maybe we could focus on dramatically improving public transit in someplace suitably dense like West LA. If only the politics allowed it.
In what way did the depositors add pressure for the bank to be more risky? Naively, it seems like there would be zero incentive for a depositor to do that unless they were trying to chase a measly yield on deposits.
Or that the depositors should have lost money, with the ensuing ripple effects: unpaid workers, state fines for violating wage payment laws, bankruptcies, lawsuits, unpaid vendors and contractors and all their downstreams, etc.
i.e. carnage, a big bloody nose, but not an extinction level event.
Maybe the depositors deserved a bloody nose. But do their employees, vendors, and contractors?
In my outspoken opinion you’re onto something. Regular FDIC insurance should kick in. Every aaccount gets their 250k, and rest will take years to figure out with lawyers scrambling to stake claims of the carcass. Enhanced unemployment for the non executive level employees of companies effected by the failure. Highly compensated employees that don’t budget might suffer, good. Executives, investors, etc should all take a bath from this. They should be made whole on the backend if they didn’t have insurance and well managed risk. There should also be a lot of high profile and HNWI people thrown in prison for their gross negligence. Hopefully the regulators can secure the evidence they need for convictions without their investigations getting compromised by any manner of the typical shenanigans.
There's not really a lesson here about running a start-up for founders. However there's definitely a lesson here about how societies work that Silicon Valley could better internalize.
The is the most "smoking gun" explanation that I've seen of how everyday corruption caused this.
However, I'd love to see a follow that confirms the law resulted in a change in bond purchases by SVB.
I think that’s fair. I hope we do see that and other details of how this all went sideways come out over the next months and years.
I assume though, that like any black swan there were many things that went wrong together. Lately at work, I have been telling people that one in a million happens eight times per day at just 100 requests per second! Shit is going wrong in small ways all the time. So you design for that — but eventually in a big system enough of those minor failures will line up to cause something you notice. You probably remember that huge facebook outage in 2021? Lots of things went wrong and then they were locked out of their own conference rooms. The financial system is different parts at a different scale but the same theory of failure applies.
Not smoking guns, more like a bad bet here, and a stupid decision there, and one dumbass VC influencer gets jumpy and runs his dumbass mouth in slack and bobs your uncle bye bye SVB.
I vote! But seriously, prepping is more than just "without rule of law, SHTF".
Prepping should be iterative based on the likely scenarios in your region/the world. Natural disaster, pandemic, food supply disruptions, gasoline/diesel shortages or embargo, tap water contamination, chemical release, widespread breakdown of civil services (even if temporary).
Fire or earthquake in California. Hurricanes in the east/gulf. Chemical spills via train or in Houston/industrial areas. Bomb cyclones in the north. Water treatment plants/pipes failing (Flint; Jackson MI). Lack of water in AZ.
Stay in decent shape. Have water/water purification on hand. Have emergency rations/canned food available for a week or more for each person in the house. Have backups of all critical digital data on a portable drive. Have a decent medkit. Have a radio that can receive weather bands which are also used for civil service announcements - or even buy several baofengs and use them on the FRS band (against FCC regs, but who cares in a crisis).
Some bug-in supplies, and a bugout bag, are good things to have for a variety of reasons.
TBC I'm not talking about voting. I'm talking about strengthening social ties. In a disaster scenario, being engaged in a strong community that looks out for each other is much more likely to be useful than owning guns.
I'd love to see the venn diagram of preppers and something like EMT volunteers.
I think it is because it is generally viewed as futile, in the grand scheme. That preppers tend not to be social butterflies (me included!) does not help either.
I personally disagree with that view. I think that post-collapse longevity is going to depend on small communities, or tribes, if you will. It behooves the smart prepper to cultivate relationships now and a good way to do that is by doing good for society.
And I'd argue that OpenAI believes it is working to strengthen civil society. I don't know whether I agree with them or not, but I do believe that AI is just at the beginning of changing our society in truly staggering ways that cannot be undone.
I am beginning to wonder if we'll have a "21st Century Amish" where people choose to live in <=2000s technology.
People who obscure their license plates should have their cars impounded and licenses revoked. If you don't think traffic enforcement applies to you, you're welcome to use transit, walk or bike.
Maybe people don’t want their movement tracked and stored in a database. Any officer can clock their speed with a radar gun or give them a ticket for violating any of the hundreds of laws in the motor vehicle code, so I don’t think someone that obscures their license plate is of the impression that they’re above traffic enforcement.
"People don't want their movement tracked" <-- something that isn't happening in free societies, with the exception of maybe murderers.
"Any officer can clock their speed" <-- but you're completely cool with a society where uniformed officers are ubiquitous, randomly enforce the law and could track your movement if they wanted.
At least have the integrity and honesty to admit you just don't want to pay tickets for speeding or parking illegally.
It is well established that the US government conducts mass surveillance on its population. I don’t know what government surveillance is like where you’re from. I actually prefer a world where humans enforce laws rather than automated systems (in general). While officers aren’t perfect, they can use their own discretion to enforce laws and that sounds better to me than living in a world with cameras watching us and instantly fining us for infractions. I personally don’t obscure my own license plate, but I believe someone who does, can do so for privacy purposes without lacking integrity or honesty.
I personally want to live in a country where 40,000+ people don't die from traffic violence every year.
I also think the subjective enforcement of laws by uniformed officers has a terrible record in this country. It strains credulity that anyone would trust a police officer more than a speed camera. I personally think it says something about their actual concerns with oppressive government.
Despite your apparent belief the government is already doing mass surveillance that impacts you, you specifically have a problem with traffic enforcement. Presumably you own a registered vehicle with a serial number and have a drivers license. Forgive me for being skeptical of "concerns about privacy" that specifically entail traffic enforcement but aren't strong enough to forgo vehicle ownership.
I don't think anyone's personal paranoia about traffic enforcement or their personal consumer preference to use a private automobile should take priority over reducing the thousands of deaths and injuries on our roads.
>"People don't want their movement tracked" <-- something that isn't happening in free societies, with the exception of maybe murderers.
Where can we find these free societies, and how can we get there? Because if you live in the Unites States, you are most definitely being tracked by a dizzying array of private and public organizations.
> People who obscure their license plates should have their cars impounded and licenses revoked
People pay tax on the fuel, pay tax on the car, pay tax on the parts and servicing, yet you want the state to be able to identify the vehicles?
How many deaths and injuries do the vehicles cause in comparison to other deaths and injuries? Take the NRA and shooter deaths and injuries, or even knife crime, those people dont have to walk around with identification tattoos, and anyone can get a uniform to impersonate people of authority.
The state employees, namely the Police give you all the privacy you can afford, you wont find this online, but I've been reliably told, that the 13/14yr old son of this bloke [1], took one of the family limousines and crashed it in Kent, UK.
When the Police attending the RTA realised who he was, the UK Police gave him an hour or two to clear up the mess or face being arrested. Naturally someone this rich can pull strings, so the mess was cleared up and now nothing exists online.
I dont think most people realise how life is crime free for the rich who donate to charitable causes and employ large numbers of people!
So why do we need our privacy stolen especially considering mobile phones can triangulate and locate people under the guise of cell tower traffic management and most cars now have trackers built into them to remote shut them down called telematics, also used to monitor the driving of the insured and car manufacturers[2] are proposing vehicles that can even reposses themselves.
You can learn alot from this [3] if Hollywood isnt trolling the poor whilst virtual signalling for profits!
Now watch how quickly this discussion gets pushed down onto subsequent pages of HN to protect the Rich! Position 11 @ 10:38 UTC 20230228.
Is your "privacy stolen" when you register your vehicle? If you were so worried about privacy you wouldn't have a vehicle.
Just admit you don't have a problem with privacy. You have a problem with automated enforcement.
And yes automated enforcement reduces deaths and injuries. That's a well documented and proven fact. Indulging your paranoia and personal consumer preferences is not worth a single injury or death.
That could explain the police pulling me over in my car after work one night back in the 90's in order to find out who was online as this was before mobile phones.
Still, automated systems no longer apply to me, I don't have a driving licence, GP says no.
>indulging you paranoia
Considering how many people are tortured by employees of the state and killed, makes your statement nonsense but keep drinking the states coolaid.
I think this is worth raising because the article sweeps across a broad range of topics that -- in my humble opinion -- are not necessarily "post capitalism." And it may be the case that some political concerns mentioned are in opposition to a post capitalist world. For example, what if the fastest way to a post capitalist world is a changing American politics and then using American hegemony to export those politics?