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Good article on businesses profiting from making things artificially complex
Posted: Tue Aug 30, 2016 12:54 am
by blackomen
http://www.nateliason.com/decomplication/
Exactly my thoughts on the authors of the article posted in the stocks forum about passive ivesting being worse than communism.
http://www.gyroscopicinvesting.com/foru ... 86#p153284
Re: Good article on businesses profiting from making things artificially complex
Posted: Tue Aug 30, 2016 9:46 am
by MachineGhost
It seems like "artificial complexity" is the means to the end for global capitalism's "division of labor" and "comparative advantage" doctrines. See, the problem with "comparative advantage" is that if you can do X
and Y better than your friend, your friend is still better off focusing on X
or Y and you focusung on X
or Y even if your friend does either choice worse than you can. However, in my sore experience, you can do a better job than what other people are paid to do because they don't do their own job as well as you would do it yourself, especially when your own money or property is at stake. Now, I rightly don't know for sure, but I would bet back in the "good ol' days", you could trust other people far more than you can nowadays. It's amazing to me how even the simplest things such as preparing fast food is continually and constantly fucked up. And it just gets worse from there the higher up the "complexity hierarchery" you go. Most of the time I feel like I'm doing other people's jobs for them because I simply cannot trust them to do their job properly and have to be proactive and prepared before I engage (I think the worst example would be having to read the Medicaid Handbook of regulations because a social worker is not a fount of uber-intelligence). This cannot be good for global capitalism under the "comparative advantage" doctrine but it sure is good for myself. If everyone acted this way, would what happen??? So does this reflect the general decay of American moral values and individual agency?