We use to hand out whole books of this information to as many people as possible. (phone books)

Yes, he said "Sorry [to trouble you, but would you move your bag so I could sit there?]"

Highly abbreviated exchange combined with a gesture.

Trader Joes, Whole Foods, ALDI, Sprouts.

There is no limit.

Or at least, the limit is increasing by the day.

IDK, 12 em dashes?

“The only thing missing is ownership that answers to the people — not to shareholders.”

Like, all people in the world?

Customers? Employees?

What does this mean?

EDIT: It’s shareholders, but each person has one vote regardless of share count.

IMHO this should have been written “to the customers and employees”. To me, those are the people who compose a business enterprise.

I’ve never seen that work. There is a fundamental tension between those groups. Hence, member-owned co-ops and employee-owned co-ops.

> I’ve never seen that work. There is a fundamental tension between those groups. Hence, member-owned co-ops and employee-owned co-ops.

Focusing strictly on shareholders (value) has been en vogue since the 1970s:

* https://en.wikipedia.org/wiki/Friedman_doctrine

Before that the general thinking was along the lines of:

* https://en.wikipedia.org/wiki/Stakeholder_theory

Somehow companies managed to survive and grow before the 1970s.

> Focusing strictly on shareholders (value) has been en vogue since the 1970s

It's been in vogue, in circles, since the 17th century. We're not talking about for-profit structures here.

One needs to ask which "shareholder" are we talking about? The pension fund that wants steady cash flow for decades? The retirement-saver, who wants to grow a big bucket for retirement? The already-retired, who wants less growth and more wealth preservation? The hedge fund who wants a couple of quarters good numbers to raise their take of the 2-and-20? The options or day trader?

"Investor heterogeneity" is a thing.

There is no Platonic "shareholder" with one set of needs.

Huh?

Why did people buy stock then?

But the customers and employees don’t actually put up the money for the enterprise.

If you assume there is an airplane — great, run the airline for the customers and employees. But the cost of the airplane can’t be handwaved away.

The true minimum wage is zero.

It's definitely possible for a job to have negative expected value for the employee, even if looking only at cash flow. MLMs are the most obvious way, but e.g. hairdressers often need to rent their station in the store -- while this can be a reasonable deal, it can also run negative.

Turn the TUI for systemd into a language?

I don’t see what you’re seeing.

Skiing

I hope e.g. Colorado has better Internet regulations, so I could do my skiing there instead.

I'm good, plenty of other things to do with my time and money.

> one lightweight SELECT per millisecond

For the low, low cost of $1 per minute, you can also lease a supercar.