!straggots Explain yourselves

TLDR: it's because there is a way higher expectation to be financially successful and to not spend time on "useless" things placed on men because of course there is.

I asked ChatGPT to summarize this article in a single paragraph, single apparently your average dramagoblin is too dopamine-friend to read more than three sentences without being distracted by bussy.

"In economics, "prices" are crucial signals that guide the market, determining what gets produced and consumed efficiently. When supply of a good falls short of demand, prices rise, prompting sellers to produce more until equilibrium is reached. Neoclassical economists argue that prices aren't fixed but discovered through market interactions. Antitrust laws prohibit companies from setting prices to exploit market power, which distorts competition. Prices act as information carriers in the market, influencing decisions from production to consumption. Attempts to manipulate prices, whether by monopolies or through surveillance pricing, undermine market fairness and efficiency. Regulatory efforts, like the FTC's inquiry into surveillance pricing, aim to curb such distortions, recognizing their threat to consumer welfare and economic stability."

——

In the mystical cosmology of economics, "prices" are of transcendental significance, the means by which the living market knows and adapts itself, giving rise to "efficient" production and consumption.

At its most basic level, the metaphysics of pricing goes like this: if there is less of something for sale than people want to buy, the seller will raise the price until enough buyers drop out and demand equals supply. If the disappointed would-be buyers are sufficiently vocal about their plight, other sellers will enter the market (bankrolled by investors who sense an opportunity), causing supplies to increase and prices to fall until the system is in "equilibrium" - producing things as cheaply as possible in precisely the right quantities to meet demand. In the parlance of neoclassical economists, prices aren't "set": they are discovered.

In antitrust law, there are many sins, but they often boil down to "price setting." That is, if a company has enough "market power" that they can dictate prices to their customers, they are committing a crime and should be punished. This is such a bedrock of neoclassical economics that it's a tautology "market power" exists where companies can "set prices"; and to "set prices," you need "market power."

Prices are the blood cells of the market, shuttling nutrients (in the form of "information") around the sprawling colony organism composed of all the buyers, sellers, producers, consumers, intermediaries and other actors. Together, the components of this colony organism all act on the information contained in the "price signals" to pursue their own self-interest. Each self-interested action puts more information into the system, triggering more action. Together, price signals and the actions they evince eventually "discover" the price, an abstraction that is yanked out of the immaterial plane of pure ideas and into our grubby, physical world, causing mines to re-open, shipping containers and pipelines to spark to life, factories to retool, trucks to fan out across the nation, retailers to place ads and hoist SALE banners over their premises, and consumers to race to those displays and open their wallets.

When prices are "distorted," all of this comes to naught. During the notorious "socialist calculation debate" of 1920s Austria, right-wing archdukes of religious market fundamentalism, like Von Hayek and Von Mises, trounced their leftist opponents, arguing that the market was the only computational system capable of calculating how much of each thing should be made, where it should be sent, and how much it should be sold for.

Attempts to "plan" the economy - say, by subsidizing industries or limiting prices - may be well-intentioned, but they broke the market's computations and produced haywire swings of both over- and underproduction. Later, the USSR's planned economy did encounter these swings. These were sometimes very grave (famines that killed millions) and sometimes silly (periods when the only goods available in regional shops were forks, say, creating local bubbles in folk art made from forks).

Unplanned markets do this too. Most notoriously, capitalism has produced a vast oversupply of carbon-intensive goods and processes, and a huge undersupply of low-carbon alternatives, bringing the human civilization to the brink of collapse. Not only have capitalism's price signals failed to address this existential crisis to humans, it has also sown the seeds of its own ruin - the market computer's not going to be getting any "price signals" from people as they drown in floods or roast to death on sidewalks that deliver delivery second-degree burns to anyone who touches them:

https://www.fastcompany.com/91151209/extreme-heat-southwest-phoenix-surface-burns-scorching-pavement-sidewalks-pets

For market true believers, these failures are just evidence that regulation is distorting markets, and that the answer is more unregulated markets to infuse the computer with more price signals. When it comes to carbon, the problem is that producers are "producing negative externalities" (that is, polluting and sticking us with the bill). If we can just get them to "internalize" those costs, they will become "economically rational" and switch to low-carbon alternatives.

That's the theory behind the creation and sale of carbon credits. Rather than ordering companies to stop risking civilizational collapse and mass extinction, we can incentivize them to do so by creating markets that reward clean tech and punish dirty practices. The buying and selling of carbon credits is supposed to create price signals reflecting the existential risk to the human race and the only habitable planet known to our species, which the market will then "bring into equilibrium."

Unfortunately, reality has a distinct and unfair leftist bias. Carbon credits are a market for lemons. The carbon credits you buy to "offset" your car or flight are apt to come from a forest that has already burned down, or that had already been put in a perpetual trust as a wildlife preserve and could never be logged:

https://pluralistic.net/2022/03/18/greshams-carbon-law/#papal-indulgences

Carbon credits produce the most perverse outcomes imaginable. For example, much of Tesla's profitability has been derived from the sale of carbon credits to the manufacturers of the dirtiest, most polluting SUVs on Earth; without those Tesla credits, those SUVs would have been too expensive to sell, and would not have existed:

https://pluralistic.net/2021/11/24/no-puedo-pagar-no-pagara/#Rat

What's more, carbon credits aren't part of an "all of the above" strategy that incorporates direct action to prevent our species downfall. These market solutions are incompatible with muscular direct action, and if we do credits, we can't do other stuff that would actually work:

https://pluralistic.net/2023/10/31/carbon-upsets/#big-tradeoff

Even though price signals have repeatedly proven themselves to be an insufficient mechanism for producing "efficient" or even "survivable," they remain the uppermost spiritual value in the capitalist pantheon. Even through the last 40 years of unrelenting assaults on antitrust and competition law, the one form of corporate power that has remained both formally and practically prohibited is "pricing power."

That's why the DoJ was able to block tech companies and major movie studios from secretly colluding to suppress their employees' wages, and why those employees were able to get huge sums out of their employers:

https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation

It's also why the Big Six (now Big Five) publishers and Apple got into so much trouble for colluding to set a floor on the price of ebooks:

https://en.wikipedia.org/wiki/United_States_v._Apple_(2012)

When it comes to monopoly, even the most Bork-pilled, Manne-poisoned federal judges and agencies have taken a hard line on price-fixing, because "distortions" of prices make the market computer crash.

But despite this horror of price distortions, America's monopolists have found so many ways to manipulate prices. Last month, The American Prospect devoted an entire issue to the many ways that monopolies and cartels have rigged the prices we pay, pushing them higher and higher, even as our wages stagnated and credit became more expensive:

https://prospect.org/pricing

For example, there's the plague of junk fees (AKA "drip pricing," or, if you're competing to be first up against the wall come the revolution, "ancillary revenue"), everything from baggage fees from airlines to resort fees at hotels to the fee your landlord charges if you pay your rent by check, or by card, or in cash:

https://pluralistic.net/2024/06/07/drip-drip-drip/#drip-off

There's the fake transparency gambit, so beloved of America's hospitals:

https://pluralistic.net/2024/06/13/a-punch-in-the-guts/#hayek-pilled

The "greedflation" that saw grocery prices skyrocketing, which billionaire grocery plutes blamed on covid stimulus checks, even as they boasted to their shareholders about their pricing power:

https://prospect.org/economy/2024-06-12-war-in-the-aisles/

There's the the tens of billions the banks rake in with usurious interest rates, far in excess of the hikes to the central banks' prime rates (which are, in turn, justified in light of the supposed excesses of covid relief checks):

https://prospect.org/economy/2024-06-11-what-we-owe/

There are the scams that companies like Amazon pull with their user interfaces, tricking you into signing up for subscriptions or upsells, which they grandiosely term "dark patterns," but which are really just open fraud:

https://prospect.org/economy/2024-06-10-one-click-economy/

There are "surge fees," which are supposed to tempt more producers (e.g. Uber drivers) into the market when demand is high, but which are really just an excuse to gouge you - like when Wendy's threatens to surge-price its hamburgers:

https://prospect.org/economy/2024-06-07-urge-to-surge/

And then there's surveillance pricing, the most insidious and profitable way to jack up prices. At its core, surveillance pricing uses nonconsensually harvested private information to inform an algorithm that reprices the things you buy - from lattes to rent - in real-time:

https://pluralistic.net/2024/06/05/your-price-named/#privacy-first-again

Companies like Plexure - partially owned by McDonald's - boasts that it can use surveillance data to figure out what your payday is and then hike the price of the breakfast sandwich or after-work soda you buy every day.

Like every bad pricing practice, surveillance pricing has its origins in the aviation industry, which invested early on and heavily in spying on fliers to figure out how much they could each afford for their plane tickets and jacking up prices accordingly. Architects of these systems then went on to found companies like Realpage, a data-brokerage that helps landlords illegally collude to rig rent prices.

Algorithmic middlemen like Realpage and ATPCO - which coordinates price-fixing among the airlines - are what Dan Davies calls "accountability sinks." A cartel sends all its data to a separate third party, which then compares those prices and tells everyone how much to jack them up in order to screw us all:

https://profilebooks.com/work/the-unaccountability-machine/

These price-fixing middlemen are everywhere, and they predate the boom in commercial surveillance. For example, Agri-Stats has been helping meatpackers rig the price of meat for 40 years:

https://pluralistic.net/2023/10/04/dont-let-your-meat-loaf/#meaty-beaty-big-and-bouncy

But when you add commercial surveillance to algorithmic pricing, you get a hybrid more terrifying than any cocaine-sharks (or, indeed, meth-gators):

https://www.nbcnews.com/news/us-news/tennessee-police-warn-locals-not-flush-drugs-fear-meth-gators-n1030291

Apologists for these meth-gators insist that surveillance pricing's true purpose is to let companies offer discounts. A streaming service can't afford to offer $0.99 subscriptions to the poor because then all the rich people would stop paying $19.99. But with surveillance advertising, every customer gets a different price, titrated to their capacity to pay, and everyone wins.

But that's not how it cashes out in the real world. In the real world, rich people who get ripped off have the wherewithal to shop around, complain effectively to a state AG, or punish companies by taking their business elsewhere. Meanwhile, poor people aren't just cash-poor, they're also time-poor and political influence-poor.

When the dollar store duopoly forces all the mom-and-pop grocers in your town out of business with predatory pricing, and creating food deserts that only they serve, no one cares, because state AGs and politicians don't care about people who shop at dollar stores. Then, the dollar stores can collude with manufacturers to get shrunken "cheater sized" products that sell for a dollar, but cost double or triple the grocery store price by weight or quantity:

https://pluralistic.net/2023/03/27/walmarts-jackals/#cheater-sizes

Yes, fliers who seem to be flying on business (last-minute purchasers who don't have a Saturday stay) get charged more than people whose purchase makes them seem to be someone flying away for a vacation. But that's only because aviation prices haven't yet fully transitioned to surveillance pricing. If an airline can correctly calculate that you are taking a trip because you're a grad student who must attend a conference in order to secure a job, and if they know precisely how much room you have left on your credit card, they can charge you everything you can afford, to the cent.

Your ability to resist pricing power isn't merely a function of a company's market power - it's also a function of your political power. Poor people may have less to steal, but no one cares when they get robbed:

https://pluralistic.net/2024/07/19/martha-wright-reed/#capitalists-hate-capitalism

So surveillance pricing, supercharged by algorithms, represent a serious threat to "prices," which is the one thing that the econo-religious fundamentalists of the capitalist class value above all else. That makes surveillance pricing low-hanging fruit for regulatory enforcement: a bipartisan crime that has few champions on either side of the aisle.

Cannily, the FTC has just declared war on surveillance pricing, ordering eight key players in the industry (including capitalism's arch-villains, McKinsey and Jmorgan Chase) to turn over data that can be used to prosecute them for price-fixing within 45 days:

https://www.ftc.gov/news-events/news/press-releases/2024/07/ftc-issues-orders-eight-companies-seeking-information-surveillance-pricing

As American Prospect editor-in-chief David Dayen notes in his article on the order, the FTC is doing what he and his journ*listic partners couldn't: forcing these companies to cough up internal data:

https://prospect.org/economy/2024-07-24-ftc-opens-surveillance-pricing-inquiry/

This is important, and not just because of the wriggly critters the FTC will reveal as they use their powers to turn over this rock. Administrative agencies can't just do whatever they want. Long before the agencies were neutered by the Supreme Court, they had strict rules requiring them to gather evidence, solicit comment and counter-comment, and so on, before enacting any rules:

https://pluralistic.net/2022/10/18/administrative-competence/#i-know-stuff

Doubtless, the Supreme Court's *Loper" decision (which overturned "Chevron deference" and cut off the agencies' power to take actions that they don't have detailed, specific authorization to take) will embolden the surveillance pricing industry to take the FTC to court on this. It's hard to say whether the courts will find in the FTC's favor. Section 6(b) of the FTC Act clearly lets the FTC compel these disclosures as part of an enforcement action, but they can't start an enforcement action until they have evidence, and through the whole history of the FTC, these kinds of orders have been a common prelude to enforcement.

One thing this has going for it is that it is bipartisan: all five FTC commissioners, including both Republicans (including the Republican who votes against everything) voted in favor of it. Price gouging is the kind of easy-to-grasp corporate crime that everyone hates, irrespective of political tendency.

In the Prospect piece on Ticketmaster's pricing scam, Dayen and Groundwork's Lindsay Owens called this the "Age of Recoupment":

https://pluralistic.net/2024/06/03/aoi-aoi-oh/#concentrated-gains-vast-diffused-losses

For 40 years, neoclassical economics' focus on "consumer welfare" meant that companies could cheat and squeeze their workers and suppliers as hard as they wanted, so long as prices didn't go up. But after 40 years, there's nothing more to squeeze out of workers or suppliers, so it's time for the cartels to recoup by turning on us, their customers.

They believe - perhaps correctly - that they have amassed so much market power through mergers and lobbying that they can cross the single bright line in neoliberal economics' theory of antitrust: price-gouging. No matter how sincere the economics profession's worship of prices might be, it still might not trump companies that are too big to fail and thus too big to jail.

The FTC just took an important step in defense of all of our economic wellbeing, and it's a step that even the most right-wing economist should applaud. They're calling the question: "Do you really think that price-distortion is a cardinal sin? If so, you must back our play."

——

This work – excluding any serialized fiction – is licensed under a Creative Commons Attribution 4.0 license. That means you can use it any way you like, including commercially, provided that you attribute it to me, Cory Doctorow, and include a link to pluralistic.net.

https://creativecommons.org/licenses/by/4.0/

Quotations and images are not included in this license; they are included either under a limitation or exception to copyright, or on the basis of a separate license. Please exercise caution.

Most Based Comments

Basedness: 🔥🔥🔥🔘🔘

This attitude did not work for battlefield v (10)

Why should he care about his attitude to work? (-11)

Basedness: 🔥🔥🔥🔘🔘

Eh, I get it, but they aren't going anywhere. If people stopped engaging with them or making posts calling them out, they'd probably fade out on their own. It's reddit, people love to troll. (3)

Well then I'll troll the trollers. If they aren't going anywhere, I'll call them out on their bullshit (-9)

Basedness: 🔥🔥🔘🔘🔘

My brother in christ.. I made a SINGLE line joke. This sub is so, incredibly insecure.Not to mention, it's a Concord issue because of the shitty way they did beta access. ALSO, I LIKED what I played of Concord. The issue is, they told PC players to go frick themselves with the crossplay change. It doesn't matter how much I liked the game if there is no one to play with. (8)

Twas a bad joke 🤷‍♂️ (-5)

Angriest Comments

Angriness: 😡😡😡😡😡

For the most part they already have, there's pretty much zero interest in this game. (2)

It is but the hate made it worseIts like a cloud over the players Im just tired that the hate just killed the game before people are aware about the game (1)

Angriness: 😡😡😡😡😡

You mean the change, that's it is off by default? Just turn it on. They could easily fix that.Seems like you're just finding a reason to not play it which is whatever but you're still an idiot for the whole purchase thing lol (-1)

Holy shit, you guys really don't know anything about this game AND YOU'RE IN IT'S SUBREDDIT.I have the game ordered on PC, crossplay is ON for PC and OFF for PS5 by default. So, even though I'd have it on, there would be NO ONE to connect to.Crossplay is an 'and gate', they BOTH need it on for it to work. They have set it to off on console and who tf is gonna play on PS5 and go out of their way to turn that on.And I'm the idiot? Jesus christ. You and OP are painting the WORST picture for this games community; children that clearly know nothing about the game itself, who default to insults and temper tantrums. (2)

Angriness: 😡😡😡😡🔘

I only follow the news related to this game. When I read the condescending and arrogant response that the criticisms of the character designs were "white noise," I was reminded of what happened with Suicide Squad. Now, I'm sitting with my popcorn, waiting for this game to be released and see how it fails. Afterward, I want to see how the studio reacts or survives the commercial failure. It's something called schadenfreude. (-1)

Biggest Lolcow: /u/Pioneer83

Score: 🐮🔘🔘🔘🔘

Number of comments: 5

Average angriness: 🔘🔘🔘🔘🔘

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NEW: Subscribe to /h/miners to see untapped drama veins, ripe for mining!

autodrama: automating away the jobs of dramneurodivergents. Ping HeyMoon if there are any problems or you have a suggestion

Okay, I suppose his reaction isn't very "dramatic".....

And yes, that's our real accent. Frig off.

https://globalnews.ca/news/9748845/halifax-wildfire-tantallon-homes-destroyed-photos-tour-homes/

All the locals know who started the fire, and people are pissed that no criminal charges were laid.

https://old.reddit.com/r/halifax/comments/18twnxw/investigation_into_halifaxarea_wildfire_concludes/

And it is excellent.

It takes some time to get going, but ultimately, persuading people with words is Superior.

What they hate the most about how Biden allowed himself to be persuaded out of running again is just how good it makes Democracy looks when it is run by people who believe in it.

People who don't believe in Democracy? They're not patriotic. They're unAmerican.

This article is r-slurred. Everybody could have already guessed this…except probably the antiwork r-slurs. I think it would be fun to mess with them. Either pretending that article is capitalist propaganda or posting that "maybe I was wrong about being anti work all along and I'm scared I'm going to hurt my children".

!kino !nooticers they say the episode is being review-bombed.

https://old.reddit.com/r/HouseOfTheDragon/comments/1e9jc62/episode_currently_has_a_rating_of_67_on_imdb/

https://old.reddit.com/r/HouseOfTheDragon/comments/1e9c5il/people_mostly_saudi_arabia_review_bombing_the/

the second thread got jannied lmao

Review bombed 100%, homophobic reactions to the kiss at the end it's not a coincidence that 90% of the 1/10 reviews are from Saudi Arabia. Like seriously how does this episode have the worst rating compared to the previous one.

What about Laenor and his lover getting intimate? The show was not review bombed at all for that. Don't know if that is consistent with what the root cause for these negative reviews.

most peculiar huh?

I imagine some of the bomb ratings are homophobic but some are because of the bad writing. I would give it a 7 maybe because it's too slow, Daemon should've been in Harrenhaul for 2 episodes 3 at a push. Rhaenyra being annoyed at her son who is only trying to advise her and then goes seeking validation from a stranger who helped usurp her a matter of weeks ago. I couldn't really care less about the kiss but I'd like for it to be viewed for what is is, a mistake on Rhaenyra's part and the beginning of her downfall. And also we get this instead of a cool scene of Addam and Seasmoke or maybe Helaena visiting her sick husband's bedside or more Corlys ffs.

Lmao

I'm more surprised there's even that many folk watching it in Saudi.

Homophobia

So much islamophobia

https://old.reddit.com/r/Hotd/comments/1e9m2wx/s2e6_review_bombing/

Also

https://www.thepinknews.com/2024/07/22/house-of-the-dragon-rhaenyra-mysaria-lesbian-gay-episode-6/

What's up with the sapphic thing? They keep bringing up Ancient Greece when talking about lesbianism

How fat and/or short are you??

This is mine

Live link to a thread since I didn't see anything elsewhere - https://boards.4chan.org/v/thread/683820796

Sounds like all the login deets got yoinked

Edit -

https://old.reddit.com/r/turtlewow/comments/1ecn11t/someone_is_trying_to_make_turtle_soup_out_of_our/

comment link

From their website / groomercord

"REGARDING THE ONGOING OUTAGE

Unfortunately, our network has been the target of an extensive attack culminating in hackers gaining access to our login DB. As of now, we can confirm that the hackers gained access to the account data, but no character data is lost.

This means that while no progress should be lost once servers are back online, the encrypted passwords and emails are at risk of being leaked. However, the party behind the attack has made no demands nor have they given any intentions beyond "entertainment."

It is our responsibility to inform you all the risks, even if login details were not stored in plaintext. Further, we encourage you to change your password if you used the same login information anywhere else. While passwords are encrypted and hashed, it is still encouraged to exercise caution and change your login information anywhere it was used.

While we "could" have the server back up and running almost immediately with little to no lost progress due to the backup system we have in place, we are choosing to delay while we further reevaluate our infrastructure, consult with cybersecurity professionals, and ensure similar methods can never be used to gain access to our servers again.

We are deeply sorry for allowing such an incident to happen, and will double our efforts to ensure such an attack never happens again."

I was on when it happened. They were spamming the N word in big yellow server announcements in chat

https://twitter.com/rekhilperts/status/1815467616351441288

I'm asking because I firmly believe that modern hatred of chuds is not based off of religious beliefs or need to protect the kids as they often proclaim. It's literally because they're annoying as shit.

Most left wing Bluesky trains have at least one "pet chud" that they like because they're funny and/or share beliefs. If not outright chuds, then edgy podcasters going down that pipeline.

You could probably extend this to MAGAtards, proud boys, and Nazis. All you have to do is not be neurotic and annoying and trains will welcome you with open arms.

It happened, I have officially shit myself in public for the first time at 34. I trusted a fart and next thing you know, hot sludge is soaking my underpants and slowly spreading down my thigh. Luckily, it was silent. I wore black leggings and the lighting was dim so I don't think anyone saw, but the smell was unmistakable and I definitely packed up immediately and left about 20 minutes in 😭 my only saving grace is that I didn't even like that studio anyway and was going only because I bought a month-long pass.

Guess I'm never going there again.

Please regale me with your poop stories so I feel better about myself.

Edit: oh my goodness I came back to my phone after binging some anime and eating my feelings and I have so much to read! Thank you all so much for being so vulnerable and sharing your poop-tastic stories!!

@Maximus

women are not doing ok, the entire thread is filled with stories of women pooping themselves

pic.twitter.com/2VrUthdYm4

— Stonetoss Comics (@stone_toss) July 23, 2024

please explain