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617 points jbegley | 5 comments | | HN request time: 0s | source
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a_shovel ◴[] No.42938313[source]
I initially thought that this was an announcement for a new pledge and thought, "they're going to forget about this the moment it's convenient." Then I read the article and realized, "Oh, it's already convenient."

Google is a megacorp, and while megacorps aren't fundamentally "evil" (for some definitions of evil), they are fundamentally unconcerned with goodness or morality, and any appearance that they are is purely a marketing exercise.

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Retric ◴[] No.42938601[source]
> while megacorps aren't fundamentally "evil" (for some definitions of evil),

I think megacorps being evil is universal. It tends to be corrupt cop evil vs serial killer evil, but being willing to do anything for money has historically been categorized as evil behavior.

That doesn’t mean society would be better or worse off without them, but it would be interesting to see a world where companies pay vastly higher taxes as they grow.

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mananaysiempre ◴[] No.42938723[source]
Most suggestions of this nature fail to explain how they will deal with the problem of people just seeing there’s no point in trying for more. On a personal level, I’ve heard people from Norway describe this problem for personal income tax—at some point (notably below a typical US senior software engineer’s earnings) the amount of work you need to put in for the marginal post-tax krone is so high it’s just demotivating, and you either coast or emigrate. Perhaps that’s not entirely undesirable, but I don’t know if people have contemplated the consequences of the existence of such a de facto ceiling seriously.
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BrenBarn ◴[] No.42938812[source]
> Most suggestions of this nature fail to explain how they will deal with the problem of people just seeing there’s no point in trying for more. On a personal level, I’ve heard people from Norway describe this problem for personal income tax—at some point (notably below a typical US senior software engineer’s earnings) the amount of work you need to put in for the marginal post-tax krone is so high it’s just demotivating, and you either coast or emigrate. Perhaps that’s not entirely undesirable, but I don’t know if people have contemplated the consequences of the existence of such a de facto ceiling seriously.

I think if you look at quality of life and happiness ratings in Norway it's pretty clear it's far from "entirely undesirable". It's good for people to do things for reasons other than money.

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dec0dedab0de ◴[] No.42938950[source]
And the middle ground is to only enforce it on corporations in exchange for the protections given to the owners.

Want to make more? then take personal risk.

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1. ilbeeper ◴[] No.42939138[source]
Great, so we only want the real high risk takers, the top gamblers,to play in the big league. Those who are so rich they no way to lose their personal comfort and are blind to the personal risk - and probably are careless about anyone's else just as well
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2. mech422 ◴[] No.42939377[source]
Don't we have that already? Bootstrapped startups with the founders money on the line typically don't play in the 'big league's till way after the founder is at risk..
3. robertlagrant ◴[] No.42947288[source]
> Great, so we only want the real high risk takers, the top gamblers,to play in the big league

It either takes risk of private capital or future taxpayers' taxes to create big leagues. I'd take the former over the latter.

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4. ilbeeper ◴[] No.42963709[source]
And I prefer cold committee who measure risk and are committed to some public values. You choose silicone valley, VCs and no public healthcare. I prefer the Norwegian model.
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5. robertlagrant ◴[] No.42975356{3}[source]
It works great when the innovation happens elsewhere and is freely shared.