The Automation Spiral (obligatory loleconomics thread v2)

[Liare]

https://en.m.wikipedia.org/wiki/Project_Cybersyn

Thx CIA, as always you're the best.

the greatest irony of the whole "PLANNED ECONOMICS CAN NEVER WORK!" spiel is that we're living with multiple planned economic systems already, after all the point of much of supermarket logistics is to minimize food waste to optimize profits while also maximizing sales. conglomerates like Wallmart solved the the calculation problem decades ago, it's just a question of optimizing for wastage now.

A company having a good logistics chain isn’t what a centrally planned economy is.

yes, it is.
one of the primary arguments made for markets is that they're better decision makers in terms of resource distribution than any managed system we can come up with, be it soviet style command economies or the more decentralized systems developed elsewhere. only when you dig down into it, the pinnings underlining the market today is a bunch of highly centralized command-economy-type systems planned months and even years in advance that supposedly compete with each other to optimize on cost.

Walmart runs the sort of distribution system that would have given Soviet economic planners wet pants precisely because today, as a result of the information revolution, things like JIT supply trains are not only possible, but quite common. the problem with command economies historically has been information input and calculation. ie, what do people need and how much do they need.

[Venec]

It never was about "if planned economies" can work, because obviously they can, especially today like Liare said, but instead it was about *who* owns and profits from them.

[Keckers]

No, you don't understand! Real freedom is being provided with a dozen different Toothpaste brands all made in the same factory with different coloured packaging.

[Hel OWeen]

https://en.m.wikipedia.org/wiki/Project_Cybersyn

Thx CIA, as always you're the best.

the greatest irony of the whole "PLANNED ECONOMICS CAN NEVER WORK!" spiel is that we're living with multiple planned economic systems already, after all the point of much of supermarket logistics is to minimize food waste to optimize profits while also maximizing sales. conglomerates like Wallmart solved the the calculation problem decades ago, it's just a question of optimizing for wastage now.

A company having a good logistics chain isn’t what a centrally planned economy is.

"good logistics chain", eh? That euphemism again for "have no storage yourself but rather put the burden and the cost of it onto your suppliers".

[Spaztick]

[Nordstern]

XRX trailing stop executed last week, took a few hundred dollars profit. Completely overshadowed by the knackering I've taken over the past week.

Should've jumped back into VXX...

[Nordstern]

Doubled down on CCL last week, paid off handsomely.





If you want to go and get rich with me
Smoke a L in the back of the Benz-E
Oh, why must I trade this way?
(Hey, must be the money!)

[Spaztick]

Me looking at my pharmaceutical and exxon stocks this morning.

[Keckers]

Deutsche bank economists are scared about office space rents (but won't admit it) and suggest we tax wfh employees

https://www.theguardian.com/business...d-pay-more-tax

[Isyel]

Deutsche bank economists are scared about office space rents (but won't admit it) and suggest we tax wfh employees

https://www.theguardian.com/business...d-pay-more-tax

Lmao the shitty ass logic manages to actually impress me.

No, fuck you guys.

[Joe Appleby]

Fun fact (and reason why that won't gain traction in Germany): a home office is tax deductible in Germany.

  Spoiler:

If you have an office in your home and pay rent, you can claim a deduction on the rent based on how large the office is in relation to the flat (or house or whatever). Expenses on desks, chairs, shelves and computer hardware is either fully or partially tax deductible as well.

Typically (as in prior to Corona) your employer had to declare that you don't have a desk at work and need to work from home. Typically this applied to traveling salesmen without a central office and teachers. This is also the excuse we teachers aren't provided with laptops or work phones, as we can claim the tax deduction on privately purchased hardware.

Tapapapatalk

[Keckers]

Makes you wonder how deeply exposed to commercial rental values all the banks and pension funds are.

[GeromeDoutrande]

Deutsche bank economists are scared about office space rents (but won't admit it) and suggest we tax wfh employees

https://www.theguardian.com/business...d-pay-more-tax

I had seen this a few days ago and thought it was a good example for multi-level stupidity. Bit unclear to me how they got that crap approved for publication.

[El Capitano]

Remember that this is the bank that keeps loaning Trump money because they can'f afford for him to default.

[erichkknaar]

Deutche Bank is not exactly the kind of institution I'd trust with actual money, tbh.

[Hel OWeen]

Remember that this is the bank that keeps loaning Trump money because they can'f afford for him to default.

Methinks you misspelled "laundering" there ...

[El Capitano]

Remember that this is the bank that keeps loaning Trump money because they can'f afford for him to default.

Methinks you misspelled "laundering" there ...

My bad.

[Totally Not Larkonnis]

There's a tax 'loophole' in the UK whereby you can reclaim £6 a week or so if you work from home. A fair amount of discussion about it on company message boards, including lots of virtue signalling from individuals saying they won't claim from the government in 'these trying times'...

[Venec]

:bigthink:

[mewninn]

:bigthink:

As conditions worsen, the new face of austerity will be a superficial rejection of materialism

"Your child doesn't need a toy soldier, peasant. Go to sunday service instead"