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Cake day: July 2nd, 2023

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  • Sellers raise their prices because they have buyers ready to pay that higher price.

    Say your have the best restaurant in town and you have a line down the street and everyday you sell out of food before lunch. If you raise your prices the line will get shorter as some of your more price sensitive customers decide to go elsewhere. Keep raising them and your shop will be empty as nobody wants your food at those prices. The “right price” is where you get the most money you can for the work that you do in a day. Right?

    You should be looking at your wages exactly the same. Ask for 10k per hour and you’re going to be jobless. As for 5 per hour and you’re gonna have lots of offers but not make enough money. Try to find the “right” wage. This is why wages have been going up faster than inflation pretty much every quarter since some time in 2022.

    And no, we shouldn’t punish you or our hypothetical restaurant owner for setting your prices properly.

    Also, taxes don’t remove money from the economy so it would be neutral from an inflation standpoint. But that’s a much longer story.


  • This comes from a memory of a digression during a lecture in an ecology class I was in 20yrs ago… so you know, grain of salt.

    From this particular professors point of view. Symbiotic was the term to describe mutualism until recently. And then. A few papers started using symbiosis as an umbrella term for all relationships with sub-terms to describe the “benefits math”. This, to him, was annoying pedantry. But eventually all the textbooks adopted the new hierarchy of terms and the world moved on.

    If you took a biology class with a text published pre-2000s, it’s very possible that your book described symbiosis as a mutually beneficial relationship between species.

    Long story short: the language is fluid and ever changing, even in science fields.



  • There is no world where a 3rd party ticketing company should be able to own, or develop exclusive relationships with a venue operator.

    The promoter, act, and venue operator should negotiate how tickets will be distributed when they draw up contracts. In this fucked up reality, the ticketing company owns the venues and controls all access to tickets and their distribution.

    TM would still do tons of business in that world. They actually offer a compelling product to acts, venues and promoters, but they should always be in competition with the act and the venue box office.

    TM and live-nation should be competitors but they have been allowed to form a vertically integrated monopoly. THIS is the actual shit the FTC was built to combat.



  • Pohl@lemmy.worldtohomelab@lemmy.mlWTF is up with switches?
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    7 months ago

    Your question exposes a language problem.

    A router cannot do that. A router connects two networks together and routs traffic between them. That is it.

    A home “router” is a combination device that includes a router, a wireless access point, maybe a modem, a managed switch, a dhcp server, a firewall, and more.

    If you need a managed switch with more than 4 ports… you buy a managed switch. It is simple.




  • So many different ways to cope with the horrifying idea that companies need us more than we need them. For this rare moment, just a sliver of time, we workers are not forced to prostrate ourselves at their feet. Instead of understanding that labor is a market and right now it’s a sellers market, they are inventing cultural changes to explain their sudden loss of fortune and power.

    Millions of American workers died or became disabled due to a virus that we failed to handle responsibly. Millions more left the workforce to care for children or family members. All the while, demand for goods and services stayed strong. More work to do and fewer people to do it, gonna have to pay more for labor. It’s so fucking simple.

    It’s not that I don’t care about work, it’s that I don’t care about YOU! I have other options my dude, cough up or I will find somebody who will.








  • This year we deployed a CURE for sickle cell! Cured a congenital disease with gene editing. It’s hard to do and crazy expensive, but the end of suffering from this disease is actually in sight.

    The mRNA vaccine tech that got a boost from Covid is now being used to cure certain melanoma cancers. This is a potential sea change in the fight against cancer.

    More and more of our energy is coming from fully renewable sources. We are behind (way behind tbh) but humanity is actually moving the right direction at this point. We could honestly be seeing peak carbon in the next few years. The climate will change, probably already has, but we might actually survive this.

    We’ve got problems, lots of them, and some pretty nasty. But you are almost certainly better off living today than just about any time in human history.




  • It’s worth noting that communists and socialists also depend on population growth to sustain their civilizations as do trees and rabbits and beetles. It’s possible that economic systems don’t really matter all that much here.

    Population collapse isn’t the road to some sustainable future. It is how species go extinct. Perhaps we are on that road, so it goes. But whistling past the graveyard pretending that “Star Trek” is on the other side is silly.