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128 points taylorlunt | 1 comments | | HN request time: 0s | source
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freedomben ◴[] No.44735332[source]
This is a really terrible article. I suspect the HN comment section will be good, but TFA is not worth reading IMHO (though it is quite short so can be read in a minute or two).

> For years, companies like Google, Facebook/Meta, and Amazon hired too many developers. They knew they were hiring too many developers, but they did it anyway because of corporate greed. They wanted to control the talent pool.

Aside from all the claims with no sources/references whatsoever (claims which are not at all self-evident), blaming "corporate greed" for hiring employees? Isn't it also "corporate greed" to lay people off? Blaming corporate greed for causing high salaries? Let me guess, if they started cutting salaries, that is also corporate greed?

It's not possible to "control the talent pool" when there are so many companies in competition. Yes, they want to hire the best engineers they can find and they will pay handsomely for it. Every company (even our small non-profit) wants to hire the best engineers we can find. It's not "corporate greed" or us wanting to control the talent pool.

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ecb_penguin ◴[] No.44735416[source]
Sure, all those things could be "corporate greed". Opposite actions in different environments don't change the intent.

> Aside from all the claims with no sources/references whatsoever

It's an opinion piece about many of our shared experiences.

> blaming "corporate greed" for hiring employees?

They explained their argument.

> Isn't it also "corporate greed" to lay people off?

It depends. A struggling company that needs to reduce workforce to survive? No. A company worth trillions laying off en-mass because stock rates are down? Yes, probably.

> Blaming corporate greed for causing high salaries?

They explained their argument in the article

> Let me guess, if they started cutting salaries, that is also corporate greed?

It depends. A struggling company that needs to reduce salaries to survive? No. A company worth trillions cutting salaries because stock rates are down? Yes, probably.

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tickettotranai ◴[] No.44735519[source]
If your framing is unfalsifiable, I question its utility.
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antonvs ◴[] No.44735782{3}[source]
They're identifying a driving force, greed, behind a range of actions. That's no more "unfalsifiable" than the claim that gravity is variously responsible for objects falling, orbits, spherically symmetric bodies, and stars collapsing.
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afthonos ◴[] No.44736096{4}[source]
So what would be impossible to explain in a world where “corporate greed” is indeed what causes all these things? The answer can’t be “nothing”—or “corporate greed” doesn’t mean anything.

I can say, for example, that under gravity, an object will not accelerate upwards when entering else stays down; if you show me that happening, I either have to say gravity didn’t cause it, or that gravity is not what we thought it was (and we should probably get a new word for whatever it has).

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antonvs ◴[] No.44748073{5}[source]
Any corporate behavior that doesn’t lead fairly directly to increased share price, profit, revenues, or market share would qualify.

But in the American corporate model, corporations almost by definition don’t do muck of that, because there’s an entrenched belief that increasing shareholder value is their primary mission. Positions to the contrary, like https://corpgov.law.harvard.edu/2012/06/26/the-shareholder-v..., are not widely understood or accepted.

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1. thelaxiankey2 ◴[] No.44754223{6}[source]
The argument your link suggests is legal, not empirical. Legally speaking, there is no mandate, and acting like there is is almost surely bad for society. So I don't disagree there.

And as to the existence of exceptions, that is what makes humanities hard. Unlike physics, it is never all, it's always most, it's always shades and never direct. I use absolutist words in these discussions because it makes the points stick better, but I obviously do not mean them totally.

I think corporations maximizing profit is the default, and so writing an op-ed about how corporate greed caused something to happen seems pretty dumb to me.