Economics - science, theories, programs, and policies

Ok, this makes me wonder who conducts the audits for this organization. They do conduct audits, right?
:pleading_face:

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Arthur Andersen?

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FTA:

With companies investing heavily in automating trucks, an attempt to push the worker out of the process altogether, the industry is even more aggressive with its drivers lately. The feeling is that workers have to accept lower wages because otherwise they’ll just be replaced by a machine.

From the introduction to Wiener’s Cybernetics (1948), which I’ve quoted else-elsewhere:

[M]echanical labor has most of the economic properties of slave labor, although, unlike slave labor, it does not involve the direct demoralizing effects of human cruelty. However, any labor that accepts the conditions of competition with slave labor accepts the conditions of slave labor, and is essentially slave labor. The key word of this statement is competition. It may very well be a good thing for humanity to have the machine remove from it the need of menial and disagreeable tasks, or it may not. I do not know. It cannot be good for these new potentialities to be assessed in the terms of the market, of the money they save; and it is precisely the terms of the open market, the “fifth freedom,” that have become the shibboleth of the sector of American opinion represented by the National Association of Manufacturers and the Saturday Evening Post. I say American opinion, for as an American, I know it best, but the hucksters recognize no national boundary.

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As Trump Demands Companies Bring Jobs to U.S., Apple Is Shifting Its Production to… India

Hands up everone who is surprised!

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Robert Reich lists the factors that led to the rise of 47, and what needs to be done to prevent more pols from using the same playbook:

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Uh oh. We already knew foreign travel to the US was down.

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Even we don’t want to visit us.

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Not surprised.

  1. Plane accidents are more common now because of Trump firing hundreds of FAA staff.
  2. Red states are death zones unsafe to visit, so fewer possible destinations.
  3. Who can afford air travel when we’re on the brink of not just a recession, but another great depression?
  4. Assuming the travel is for leisure, who can fucking relax in these circumstances?? The closest I could come to a vacation right now is quietly weeping in the dark on a weekend or getting high enough to sleep for 16 hours straight.
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  1. Who can trust that every border won’t now be a place where one will be greeted by TSA, ICE, and a warm friendly “Papers please”?
    Especially, but not only, women of childbearing age.
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  1. Even domestic airports can be within the 100 mile border zone. Say “hi” to the friendly CBP agents who can board vehicles and vessels and search for people without immigration documentation without a warrant because they are “within a reasonable distance from any external boundary of the United States.”
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Yup. Already doing it on trains:

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Mia goes full Rand Paul on the podcast today.

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I’m honestly very worried about this. My wife is demanding a vacation and I just know that despite us all being citizens, we’ll get stopped because of skin color.

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AI infrastructure investment may be $8T shot in the dark

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Why, it’s almost like reading history that isn’t driven by white nationalist ideology is helpful! But that can’t be right! I heard that it’s woke to read real history…

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