People created limited liability and private equity. Fiction is not something you get rid off. Its something you live with. It is a permanent side effect of how the over rated Humam Brain works. The brain makes predictions over multiple time horizons. When there are contradictions between these predictions how is the 3 inch chimp brain supposed to handle it while not splitting? Make up a story for the sake of coherence. Everyone is doing it everyday. They are all making up fictions to handle unpredictability.
There are a finite number of legislative girders underpinning the judicial capacity to support these fictions. When they're removed, it will not be legally possible to maintain them. They are not a product of nature, they are a product of real humans, and as such are subject to human change and intervention. They are among the least durable constructs we interact with.
Revoke corporate charters. Prevent and break up consolidation.
All corporate entities require a registration to operate in a state if they have a physical presence.
In this instance, you can also pass a law along the lines of "After setup, all care homes are required to spend 90/95/99% of their income on direct care of the residents or your charter gets revoked." This would prevent the incentives to buy them in the first place.
Don’t require states to uniformly respect limited liability granted in other states. Allow them to add limits, requirements, etc. let the different states explore the trade off.
Do you believe that states are the laboratories of democracy, and have rights, or do you believe that reducing the cost of regulatory compliance is a more important goal?
I take no position on this currently, but it's an important question that deserves a serious answer. Trading off the costs of "state experimentation" and "enforced regulatory conformity" is non-trivial to do.
The reality of most multi-generational households is that the wife is eventually coerced into becoming an unpaid caregiver for elderly parents (who often constantly criticize how the household is managed). This sort of "worked" in traditional societies when women didn't have other options but when they're educated and have their own careers it usually doesn't seem like such an attractive choice anymore.
I'm not opposed to multi-generational households and I have friends who have made it work well. Let's just not assume that it can be a scalable solution.
It was never an attractive choice- people simply did not have options. In my country it was not until the 1950s that retirement homes were invented and the elderly finally got their social security (remember pensions did not exist).
It could happen this year; legislatures just need to pass laws. The hardest part is people posting comments like yours as a diversion from doing real work (though there are other hard parts too).
You say all it takes is for the legislature to pass the laws and seem to assume our government is functioning as expected without any bugs.
And yet we’re talking about an extremely well-connected and powerful industry in PE. Do you really think they won’t lobby intensely against legislation that would cripple their profits? Are the majority of our legislators really immune from considering corporate interests?
That's always been true, bugs and lobbyists, and yet our predecessors have gotten a lot done. People get things done now (including people you don't agree with).
It's not a fairy tale; it is hard; and yet our predecessors moved mountains.
I find it interesting that you assume ill intent as the default when I was genuinely asking for actionable steps we could take to address a very real problem.
Perhaps consider giving people the benefit of the doubt instead of projecting your cynicism onto others.
We each have power, influence, and responsibility. You're spending yours on cleverness, and wasting others by shifting the focus and undermining their efforts. Cleverness, in the end, doesn't matter.
How about something like IP as a tax? IE: if you make profit off of it, then it cranks up. There's plenty of music artists who's song blow up a decade or more later.
I want to be super clear that I'm not proposing some finalized plan or numbers here, it'd need some real work spent hashing it all out. Mainly though I hope people will consider more the huge space of untapped approaches to balancing various benefits and costs towards a better societal outcome. And that maybe that helps a little in getting us out of some of the present seemingly intractable boxes we so often seem stuck in?
Your tax idea could certainly be another useful tool. My main immediate thought/caution would be:
>IE: if you make profit off of it, then it cranks up. There's plenty of music artists who's song blow up a decade or more later.
As we have endless examples of, "profit" and even "revenue" can be subject to a lot of manipulation/fudging given the right incentives. I also think that part of the cost I describe is objective: whether it takes off right away or takes off after a decade, as long as it's under full copyright it's imposing a cost on society the whole time. Also other stuff like risk of it getting lost/destroyed. So I do think there needs to be some counter to that in the system, sitting on something, even if it makes no money, shouldn't be free.
But the graduated approach might help with this too, and again they could be mixed and matched. It could be 1001.3^n to keep full copyright, but only 501.2^n to maintain "licenseright", 25*1.15^n for "FRANDright", and free for the remaining period of "creditright". Or whatever, play around with numbers and consider different outcomes. But feels like there's room for improvement over the present state of affairs.
When old art gets a revival like that it's usually because the work is being reused (e.g. song used in an ad, Tv show, movie), something that costs time and money to license when done legally. How many artists lost their chances because navigating copyright is tedious and expensive?
That's how you end up with "Hollywood accounting" where movies that gross over 100M dollars still show as a "loss" for tax purposes via creative accounting methods.
> So some skills fade and others rise. And also, software has moved in predictable cycles for many decades at this point. We are still a very young field but we do have some history at this point.
And there'll be a split too... like there's a giant divide between those mechanics who used to work on carburetors and the new gen with microcontrollers, injection systems, etc. People who think cars are 'too complicated' aren't wrong, but for someone who grew up in the injected era, i vastly prefer debugging issues over the canbus rather than snaking my ass around a hot exhaust to check something.
And to take the analogy even further, I'm sure there will be a subset of people who develop really strong opinions about a particular toolchain or workflow. Like how we have people who specialize in 70s diesel trucks or 90-00s JDM sports cars, there'll likely be programmers who are SMEs at updating COBAL to Rust using Claude.
And over and over time proves that, when you need it, ASM or C or generals system knowledge was handy. One example, I am not a "Windows" or "NT" guy, mostly working in various Unixes and Linux in my professional career. I had a client who had battered every resource trying to fix some horrible freeze/timeout in their application. So I rolled up my sleeves, first search " is there dtrace on windows", found some profiling tools, found the process was stuck in some dumb blocking call loop, resource was unavailable, and the rest was history.
So yeah i mean - who cares how it works - but also if you have experience in how things _do_ work you can solve problems other people cannot.
https://www.erlang-factory.com/static/upload/media/149858389...
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