#gold investment benefits | Explore Tumblr Posts and Blogs

mostlysignssomeportents · 2 months

Text

Podcasting “Capitalists Hate Capitalism”

I'm touring my new, nationally bestselling novel The Bezzle! Catch me in Torino (Apr 21) Marin County (Apr 27), Winnipeg (May 2), Calgary (May 3), Vancouver (May 4), and beyond!

This week on my podcast, I read "Capitalists Hate Capitalism," my latest column for Locus Magazine:

https://locusmag.com/2024/03/cory-doctorow-capitalists-hate-capitalism/

What do I mean by "capitalists hate capitalism?" It all comes down to the difference between "profits" and "rents." A capitalist takes capital (money, or the things you can buy with it) and combines it with employees' labor, and generates profits (the capitalist's share) and wages (the workers' share).

Rents, meanwhile, come from owning an asset that capitalists need to generate profits. For example, a landlord who rents a storefront to a coffee shop extracts rent from the capitalist who owns the coffee shop. Meanwhile, the capitalist who owns the cafe extracts profits from the baristas' labor.

Capitalists' founding philosophers like Adam Smith hated rents. Worse: rents were the most important source of income at the time of capitalism's founding. Feudal lords owned great swathes of land, and there were armies of serfs who were bound to that land – it was illegal for them to leave it. The serfs owed rent to lords, and so they worked the land in order grow crops and raise livestock that they handed over the to lord as rent for the land they weren't allowed to leave.

Capitalists, meanwhile, wanted to turn that land into grazing territory for sheep as a source of wool for the "dark, Satanic mills" of the industrial revolution. They wanted the serfs to be kicked off their land so that they would become "free labor" that could be hired to work in those factories.

For the founders of capitalism, a "free market" wasn't free from regulation, it was free from rents, and "free labor" came from workers who were free to leave the estates where they were born – but also free to starve unless they took a job with the capitalists.

For capitalism's philosophers, free markets and free labor weren't just a source of profits, they were also a source of virtue. Capitalists – unlike lords – had to worry about competition from one another. They had to make better goods at lower prices, lest their customers take their business elsewhere; and they had to offer higher pay and better conditions, lest their "free labor" take a job elsewhere.

This means that capitalists are haunted by the fear of losing everything, and that fear acts as a goad, driving them to find ways to make everything better for everyone: better, cheaper products that benefit shoppers; and better-paid, safer jobs that benefit workers. For Smith, capitalism is alchemy, a philosopher's stone that transforms the base metal of greed into the gold of public spiritedness.

By contrast, rentiers are insulated from competition. Their workers are bound to the land, and must toil to pay the rent no matter whether they are treated well or abused. The rent rolls in reliably, without the lord having to invest in new, better ways to bring in the harvest. It's a good life (for the lord).

Think of that coffee-shop again: if a better cafe opens across the street, the owner can lose it all, as their customers and workers switch allegiance. But for the landlord, the failure of his capitalist tenant is a feature, not a bug. Once the cafe goes bust, the landlord gets a newly vacant storefront on the same block as the hot new coffee shop that can be rented out at even higher rates to another capitalist who tries his luck.

The industrial revolution wasn't just the triumph of automation over craft processes, nor the triumph of factory owners over weavers. It was also the triumph of profits over rents. The transformation of hereditary estates worked by serfs into part of the supply chain for textile mills was attended by – and contributed to – the political ascendancy of capitalists over rentiers.

Now, obviously, capitalism didn't end rents – just as feudalism didn't require the total absence of profits. Under feudalism, capitalists still extracted profits from capital and labor; and under capitalism, rentiers still extracted rents from assets that capitalists and workers paid them to use.

The difference comes in the way that conflicts between profits and rents were resolved. Feudalism is a system where rents triumph over profits, and capitalism is a system where profits triumph over rents.

It's conflict that tells you what really matters. You love your family, but they drive you crazy. If you side with your family over your friends – even when your friends might be right and your family's probably wrong – then you value your family more than your friends. That doesn't mean you don't value your friends – it means that you value them less than your family.

Conflict is a reliable way to know whether or not you're a leftist. As Steven Brust says, the way to distinguish a leftist is to ask "What's more important, human rights, or property rights?" If you answer "Property rights are human right," you're not a leftist. Leftists don't necessarily oppose all property rights – they just think they're less important than human rights.

Think of conflicts between property rights and human rights: the grocer who deliberately renders leftover food inedible before putting it in the dumpster to ensure that hungry people can't eat it, or the landlord who keeps an apartment empty while a homeless person freezes to death on its doorstep. You don't have to say "No one can own food or a home" to say, "in these cases, property rights are interfering with human rights, so they should be overridden." For leftists property rights can be a means to human rights (like revolutionary land reformers who give peasants title to the lands they work), but where property rights interfere with human rights, they are set aside.

In his 2023 book Technofeudalism, Yanis Varoufakis claims that capitalism has given way to a new feudalism – that capitalism was a transitional phase between feudalism…and feudalism:

https://pluralistic.net/2023/09/28/cloudalists/#cloud-capital

Varoufakis's point isn't that capitalists have gone extinct. Rather, it's that today, conflicts between capital and assets – between rents and profits – reliably end with a victory of rent over profit.

Think of Amazon: the "everything store" appears to be a vast bazaar, a flea-market whose stalls are all operated by independent capitalists who decide what to sell, how to price it, and then compete to tempt shoppers. In reality, though, the whole system is owned by a single feudalist, who extracts 51% from every dollar those merchants take in, and decides who can sell, and what they can sell, and at what price, and whether anyone can even see it:

https://pluralistic.net/2024/03/01/managerial-discretion/#junk-fees

Or consider the patent trolls of the Eastern District of Texas. These "companies" are invisible and produce nothing. They consist solely of a serviced mailbox in a dusty, uninhabited office-building, and an overbroad patent (say, a patent on "tapping on a screen with your finger") issued by the US Patent and Trademark Office. These companies extract hundreds of millions of dollars from Apple, Google, Samsung for violating these patents. In other words, the government steps in and takes vast profits generated through productive activity by companies that make phones, and turns that money over as rent paid to unproductive companies whose sole "product" is lawsuits. It's the triumph of rent over profit.

Capitalists hate capitalism. All capitalists would rather extract rents than profits, because rents are insulated from competition. The merchants who sell on Jeff Bezos's Amazon (or open a cafe in a landlord's storefront, or license a foolish smartphone patent) bear all the risk. The landlords – of Amazon, the storefront, or the patent – get paid whether or not that risk pays off.

This is why Google, Apple and Samsung also have vast digital estates that they rent out to capitalists – everything from app stores to patent portfolios. They would much rather be in the business of renting things out to capitalists than competing with capitalists.

Hence that famous Adam Smith quote: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices." This is literally what Google and Meta do:

https://en.wikipedia.org/wiki/Jedi_Blue

And it's what Apple and Google do:

https://www.theverge.com/2023/10/27/23934961/google-antitrust-trial-defaults-search-deal-26-3-billion

Why compete with one another when you can collude, like feudal lords with adjacent estates who trust one another to return any serf they catch trying to sneak away in the dead of night?

Because of course, it's not just "free markets" that have been captured by rents ("Competition is for losers" -P. Thiel) – it's also "free labor." For years, the largest tech and entertainment companies in America illegally colluded on a "no poach" agreement not to hire one-anothers' employees:

https://techcrunch.com/2015/09/03/apple-google-other-silicon-valley-tech-giants-ordered-to-pay-415m-in-no-poaching-suit/

These companies were bitter competitors – as were these sectors. Even as Big Content was lobbying for farcical copyright law expansions and vowing to capture Big Tech, all these companies on both sides were able to set aside their differences and collude to bind their free workers to their estates and end the "wasteful competition" to secure their labor.

Of course, this is even more pronounced at the bottom of the labor market, where noncompete "agreements" are the norm. The median American worker bound by a noncompete is a fast-food worker whose employer can wield the power of the state to prevent that worker from leaving behind the Wendy's cash-register to make $0.25/hour more at the McDonald's fry trap across the street:

https://pluralistic.net/2022/02/02/its-the-economy-stupid/#neofeudal

Employers defend this as necessary to secure their investment in training their workers and to ensure the integrity of their trade secrets. But why should their investments be protected? Capitalism is about risk, and the fear that accompanies risk – fear that drives capitalists to innovate, which creates the public benefit that is the moral justification for capitalism.

Capitalists hate capitalism. They don't want free labor – they want labor bound to the land. Capitalists benefit from free labor: if you have a better company, you can tempt away the best workers and cause your inferior rival to fail. But feudalists benefit from un-free labor, from tricks like "bondage fees" that force workers to pay in order to quit their jobs:

https://pluralistic.net/2023/04/21/bondage-fees/#doorman-building

Companies like Petsmart use "training repayment agreement provisions" (TRAPs) to keep low-waged workers from leaving for better employers. Petsmart says it costs $5,500 to train a pet-groomer, and if that worker is fired, laid off, or quits less than two years, they have to pay that amount to Petsmart:

https://pluralistic.net/2022/08/04/its-a-trap/#a-little-on-the-nose

Now, Petsmart is full of shit here. The "four-week training course" Petsmart claims is worth $5,500 actually only lasts for three weeks. What's more, the "training" consists of sweeping the floor and doing other low-level chores for three weeks, without pay.

But even if Petsmart were to give $5,500 worth of training to every pet-groomer, this would still be bullshit. Why should the worker bear the risk of Petsmart making a bad investment in their training? Under capitalism, risks justify rewards. Petsmart's argument for charging $50 to groom your dog and paying the groomer $15 for the job is that they took $35 worth of risk. But some of that risk is being borne by the worker – they're the ones footing the bill for the training.

For Petsmart – as for all feudalists – a worker (with all the attendant risks) can be turned into an asset, something that isn't subject to competition. Petsmart doesn't have to retain workers through superior pay and conditions – they can use the state's contract-enforcement mechanism instead.

Capitalists hate capitalism, but they love feudalism. Sure, they dress this up by claiming that governmental de-risking spurs investment: "Who would pay to train a pet-groomer if that worker could walk out the next day and shave dogs for some competing shop?"

But this is obvious nonsense. Think of Silicon Valley: high tech is the most "IP-intensive" of all industries, the sector that has had to compete most fiercely for skilled labor. And yet, Silicon Valley is in California, where noncompetes are illegal. Every single successful Silicon Valley company has thrived in an environment in which their skilled workers can walk out the door at any time and take a job with a rival company.

There's no indication that the risk of free labor prevents investment. Think of AI, the biggest investment bubble in human history. All the major AI companies are in jurisdictions where noncompetes are illegal. Anthropic – OpenAI's most serious competitor – was founded by a sister/brother team who quit senior roles at OpenAI and founded a direct competitor. No one can claim with a straight face that OpenAI is now unable to raise capital on favorable terms.

What's more, when OpenAI founder Sam Altman was forced out by his board, Microsoft offered to hire him – and 700 other OpenAI personnel – to found an OpenAI competitor. When Altman returned to the company, Microsoft invested more money in OpenAI, despite their intimate understanding that anyone could hire away the company's founder and all of its top technical staff at any time.

The idea that the departure of the Burger King trade secrets locked up in its workers' heads constitute more of a risk to the ability to operate a hamburger restaurant than the departure of the entire technical staff of OpenAI is obvious nonsense. Noncompetes aren't a way to make it possible to run a business – they're a way to make it easy to run a business, by eliminating competition and pushing the risk onto employees.

Because capitalists hate capitalism. And who can blame them? Who wouldn't prefer a life with less risk to one where you have to constantly look over your shoulder for competitors who've found a way to make a superior offer to your customers and workers?

This is why businesses are so excited about securing "IP" – that is, a government-backed right to control your workers, customers, competitors or critics:

https://locusmag.com/2020/09/cory-doctorow-ip/

The argument for every IP right expansion is the same: "Who would invest in creating something new without the assurance that someone else wouldn’t copy and improve on it and put them out of business?"

That was the argument raised five years ago, during the (mercifully brief) mania for genre writers seeking trademarks on common tropes. There was the romance writer who got a trademark on the word "cocky" in book titles:

https://www.theverge.com/2018/7/16/17566276/cockygate-amazon-kindle-unlimited-algorithm-self-published-romance-novel-cabal

And the fantasy writer who wanted a trademark on "dragon slayer" in fantasy novel titles:

https://memex.craphound.com/2018/06/14/son-of-cocky-a-writer-is-trying-to-trademark-dragon-slayer-for-fantasy-novels/

Who subsequently sought a trademark on any book cover featuring a person holding a weapon:

https://memex.craphound.com/2018/07/19/trademark-troll-who-claims-to-own-dragon-slayer-now-wants-exclusive-rights-to-book-covers-where-someone-is-holding-a-weapon/

For these would-be rentiers, the logic was the same: "Why would I write a book about a dragon-slayer if I could lose readers to someone else who writes a book about dragon-slayers?"

In these cases, the USPTO denied or rescinded its trademarks. Profits triumphed over rents. But increasingly, rents are triumphing over profits, and rent-extraction is celebrated as "smart business," while profits are for suckers, only slightly preferable to "wages" (the worst way to get paid under both capitalism and feudalism).

That's what's behind all the talk about "passive income" – that's just a euphemism for "rent." It's what Douglas Rushkoff is referring to in Survival of the Richest when he talks about the wealthy wanting to "go meta":

https://pluralistic.net/2022/09/13/collapse-porn/#collapse-porn

Don't drive a cab – go meta and buy a medallion. Don't buy a medallion, go meta and found Uber. Don't found Uber, go meta and invest in Uber. Don't invest in Uber, go meta and buy options on Uber stock. Don't buy Uber stock options, go meta and buy derivatives of options on Uber stock.

"Going meta" means distancing yourself from capitalism – from income derived from profits, from competition, from risk – and cozying up to feudalism.

Capitalists have always hated capitalism. The owners of the dark Satanic mills wanted peasants turned off the land and converted into "free labor" – but they also kidnapped Napoleonic war-orphans and indentured them to ten-year terms of service, which was all you could get out of a child's body before it was ruined for further work:

https://pluralistic.net/2023/09/26/enochs-hammer/#thats-fronkonsteen

When Varoufakis says we've entered a new feudal age, he doesn't mean that we've abolished capitalism. He means that – for the first time in centuries – when rents go to war against profits – the rents almost always emerge victorious.

Here's the podcast episode:

https://craphound.com/news/2024/04/14/capitalists-hate-capitalism/

Here's a direct link to the MP3 (hosting courtesy of the Internet Archive; they'll host your stuff for free, forever):

https://archive.org/download/Cory_Doctorow_Podcast_465/Cory_Doctorow_Podcast_465_-_Capitalists_Hate_Capitalism.mp3

And here's the RSS feed for my podcast:

http://feeds.feedburner.com/doctorow_podcast

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/04/18/in-extremis-veritas/#the-winnah

#pluralistic #technofeudalism #yanis varoufakis #rents #profits #economics #podcasts #locus magazine #mp3s

1K notes · View notes

digitalguap · 5 months

Text

The Pros and Cons of Investing in a Gold IRA: 10 Risks and Rewards

Are you considering investing in a Gold IRA? If so, you’ve come to the right place. In this blog post, we will explore the pros and cons of allocating your funds towards a Gold IRA, as well as the risks and rewards associated with this investment option. By the end, you will have a clearer understanding of whether a Gold IRA is the right choice for you and your financial goals. So, let’s dive in…

View On WordPress

0 notes

heartss4val · 10 months

Text

— general dating hc's

pairing: percy jackson, annabeth chase, leo valdez, piper mclean, hazel levesque, jason grace, frank zhang (respectively) x gn!reader

word count: 3.0k part two

percy jackson

• underwater kisses!! all the time!! being a son of poseidon has its benefits. the whole experience is just magical fr. it's like being in a whole different world, where nothing else matters except for the two of you. the sensation of your lips touching, your bodies intertwined, and the sound of your breathing mixing with the water is simply unforgettable. the way your hands hold onto each other, the way your eyes lock, and the way your heart beats as one, it's a feeling that can't be replicated anywhere else.

• percy 100% teaches you how to skate. the first chance he gets, he'll lead you onto the smooth, concrete surface of the skate park with the intent of teaching you!!

he patiently guides you, holding your hands and rolling you along while walking beside you. he teaches you how to shift your weight, how to balance, and how to stop. and every time you stumble, he makes a huge show of catching you in his arms LMAO. like, it's not that serious, percy.

whenever he's skating alone, he can't help but think of you. :(( the way your hair sways in the wind, the sound of your laughter, and the warmth of your hand in his. he would often skate in circles, lost in thought, imagining you by his side. <33 (all the other skaters think he looks like a fool, but he doesn't care.)

• now don't tell me you two do not have matching jewelry, because you DO. he learns a lot about your style and preferences, (he knows if you look better in gold or silver) and the pretty necklaces and stuff are just a bonus!!

he wears a necklace with several charms all the time, since it was a gift from you! some of the charms include an ocean charm and a tiny silver skateboard that dangles from the delicate chain. whenever he misses you, he would reach up and touch the necklace, feeling the smooth metal under his fingers, and smile. <33

• whenever you explain things to percy, he nods his head in agreement, but you notice his gaze flickering towards your lips ever so often. you don't know what he's thinking, but his expression provides a pretty obvious hint as to what may be on his mind.

• growing up as a child of one of the big three can certainly take its toll on anyone, even percy. after a long day of training and preventing new campers from capsizing the canoes while racing with the naiads, all he wants is to melt into your embrace.

he sneaks into your cabin with you as soon as possible, laying down on your bed, a deep sigh escaping his lips and he stretches his neck from side to side, relishing in the brief moment of peace. his arms are outstretched, inviting you to join him, as he longs for the comfort and safety of your embrace.

it's clear that being in your presence has a calming effect on him, reassuring him that everything is going to be alright. <33

annabeth chase

• annabeth has a penchant for discovering new things to learn and become deeply invested in, and she talks to you about her newest interests all the time. when you take the time to listen to her ramblings about her current passions, she gets so excited!!

sometimes, you spend hours in the library researching the concepts and terminology she speaks of, just so that you can engage in a meaningful conversation with her instead of just nodding along. the effort is well worth it to see her reaction; the way her face lights up as she smiles, leaning in to give you a big kiss on the cheek as a reward!!

• but sometimes annabeth rambles way too much. like, wayyyy too much. i'm talking hours on end. while her voice is soothing and you enjoy lying in her arms while she speaks, it can be a lot at times.

and annabeth only stops talking when she's finished gushing. unless you kiss her first.

although she tries to act like your affection doesn't work on her, complaining with phrases like, "why did you do that," or "you didn't let me finish." but her tone clearly softens. her eyes crinkling at the corners, and soon enough her facade breaks and she can no longer hold back a smile. <33

• you guys still use pinky promises. it doesn't matter if she personally thinks it's trivial, she does it for your sake because she values your belief in it. and if anyone dares to make fun of it, she'd be glaring daggers at them the entire day. if looks could kill, they'd be dead.

(and after you two interlock pinkies she kisses the palm of your hand to seal the deal.)

• annabeth isn't big on PDA, but she definitely steals kisses when people aren't looking.

• annabeth love, love, LOVES reading to you!! especially when there's nobody around and it's just the two of you, your head on her lap as she reads aloud about the wonders of Richardsonian Romanesque style architecture... whatever that is. (but she makes it sound interesting so you don't care.)

• overall 10/10, what a queen.

leo valdez

• he's your portable heater fr. leo keeps you warm by holding you close. it's particularly convenient when you're nestled on his lap or resting against his chest.

• this man can COOK. he mainly cooks food from his heritage because it's a way for him to connect to his roots, but if you ask him to make a particular dish for you, he'll do it, no questions asked. it's a common sight to catch a glimpse of him in the kitchen, diligently chopping ingredients and following the recipe to your favorite dish, getting himself completely covered in smoke and steam by the end of the process, but the result is always delicious so neither of you care.

he'll often call you into the kitchen to taste-test his newest recipe, shoving the dish in your face and urging you to try it like, "here babe, taste it!!" with the brightest smile as he eagerly waits for your feedback. he values your opinions a lot!

• him calling you petnames in spanish >>> omg. among his favorites are "mi amor" (my love), "cariño" (darling), and "corazón" (sweetheart). he usually rotates between those three and it never fails to bring a blush to your cheeks because like, hello??? how could it not??? he's always quick to notice your reaction and can't resist teasing you, playful remarks leaving his lips like, "a little flustered now are we, mi amor?" 🙏🙏🙏

• no matter how long you've been together, leo still flirts with you like it's the first time he's seen you. he'll brace himself against the nearest doorframe and unleash the cheesiest pick-up line known to mankind. despite their predictability, you play along. the game ends when he asks you on a "first date."

• leo spends a lot of time tinkering in his workshop, so whenever boredom sets in, (or if he's just thinking of you) he likes to put his creativity to use by making various small creations with you on his mind. these items range from keychains, to mini jewelry boxes, and even small flowers carved out of metal scraps. (you now have enough to make a bouquet.) your nightstand and shelves are absolutely littered with his handiwork, and you take pride in owning each one of them. <33

• leo's the type of guy that twirls you around while hugging. there's something incredibly spontaneous and thrilling about the experience — just when you think he's only reaching for your hand, he suddenly lifts you off the ground and spins you around, generating a moment of pure joy before gently setting you down once again, and leaning back in for a normal hug.

• he's so whipped for you it's not even funny.

piper mclean

• piper hates being categorized as a typical child of aphrodite due to the expectations and assumptions that come with the title, especially given the reputation of some of her siblings. she's always quick to reassure you that she won't break your heart and that her love for you is truly genuine.

• piper has a soft spot for when you play with her hair; running your fingers through her choppy locks and especially when you braid it. when you gently scratch her scalp while brushing your nails through her hair, she gets lost in her own little world.

• piper isn't afraid to show you off if you're okay with it. like she's in a beautiful, loving relationship, why wouldn't she?? also she's a hand swinger FR. 🙏🙏🙏

• you guys have matching bracelets!! nothing fancy, just a bunch of multi-colored beads on a string, but she loves them so much. sometimes you dedicate dates to making these bracelets just because it's one of her favorite pastimes.

she has one with your name written on the beads, a couple with the titles of the albums you listen to together, as well as ones with your preferred color schemes. just anything to remind her of you. <33

her collection is so big that they now stack up to her arms. maybe it's becoming a problem.

• while piper doesn't like flaunting her wealth, if she sees that you have your eye on something she'll immediately buy it for you. no questions asked. you don't even need to say anything.

maybe you'll bring it up ONCE, not even asking her to buy it, just mentioning you were saving up for a particular item, and the next day it's on your bed with a note from her. when you ask her she'll just be like, "weren't you talking about it?"

• while piper is pretty self-conscious about her singing, she'll do it if you ask her to because she trusts you. if you're having trouble sleeping, she'll lay your head in her lap and sing a short melody, and it works every time. once you drift off, she’ll place a tender kiss on your forehead, (or multiple) and express how much you mean to her, because she can't be this sentimental when you're awake.

she's so in love omg.

hazel levesque

• she's the absolute sweetest girlfriend you could ever ask for! her sweet and loving nature is simply amazing and her love for you knows no bounds. she goes above and beyond to make you feel appreciated and loved in every way possible.

• she definitely loves to go horse-back riding with you. the sensation of the wind blowing through your hair, the warm sun kissing your skin, and the gentle sound of the horse's hooves rhythmically hitting the ground beneath you — it all feels like pure magic, especially since hazel is sharing the moment with you!

• over time, hazel got more comfortable with kisses. the first time you two shared a kiss, she timidly brushed her lips against yours before rapidly withdrawing, her hands instinctively covering her face in embarrassment.

but as time went by and your relationship progressed, she soon began to relax and gain confidence, especially with you relaxing and guiding her through every step of the way. <33

PDA isn't really her thing, but when the two of you are in private, she WILL shower you with kisses on various parts of your body, including your forehead, cheeks, neck, lips, and anywhere else she can reach. i feel like she'd especially love kissing your nose. it's quite endearing to watch her stand on her toes to give you a sweet smooch if you're tall, or simply grab your face and plant a gentle kiss on your nose if you're shorter.

• hazel is doing her best to learn about your interests, but like many things in the today's world, it's a learning process for her. but your help makes her feel more at ease in this modern world. there is still a lot that hazel doesn't fully comprehend, so she values the historical insights you share with her.

• hazel's love languages are acts of service and gift giving. she loves the way your eyes light up when she pampers you. she's also so patient when she helps you with your sword-fighting!! she goes the extra mile to help you master any technique, training with you for hours on end just to see your smile. she patiently guides you through each step, offering advice and encouragement along the way. her joy comes from your progress and happiness.

• okay this is a small thing but she always lets you have the last bite!! whether you're dining out or sharing popcorn at the movies, hazel is always mindful of ensuring that you get the last bite/handful. <33

she's so cute omg.

jason grace

• i think most of us know how touch starved this man is, but he slowly eases into romantic gestures. after a long day of praetor duties, all he wants to do is melt in your arms as you whisper sweet nothings to him.

jason loovvees resting his forehead against yours. it just brings him a sense of comfort and solace, really just your presence itself makes him feel safe. <33

• jason grows to love hand-holding! it starts off with just linking pinkies, but progresses when you take his calloused palms into yours. from the second you two intertwine hands, he's hooked.

he doesn't really know how to initiate hand-holding, so he often makes excuses like, "here, let's compare hand sizes." or "aren't you cold? let me warm up your hands for you." and proceeds to take both of your hands in his without waiting for a response because he just can't ask upfront. :(( (don't worry, he gets over it as the relationship progresses.) his GRIP on your hand is so noticeable LMAO. it's like he's afraid you'll disappear if he lets go.

he most definitely places kisses on your hand. 🙏🙏🙏 i'm talking regency era jane austen style kisses to your fingertips or palm, looking away with a visible blush. <33

• hear me out, considering his expertise in combat, this man has gotta have some beefy arms okayyy?? like, it's hard not to stare at them. and once he rolls up his sleeves, it's all over FR.

he does it without thinking at first, whether it's tidying up his cabin, strategizing battle plans, or sometimes just mindlessly sighing and rolling up his sleeves when something's on his mind. but he starts to notice how your gaze lingers on his forearms a little too long to be considered "normal", and once he figures it all out, he's having a whole field day with it.

basically, he makes a point to show off his arms around you whenever he could. it drives you crazy, and guess what? he's well aware of it. you know this given that he'll occasionally flash one of his rare jason grace smiles, which later transitions into a grin with a slightly raised lip. 🙏🙏🙏

• he's such a gentleman fr. even little things like holding open doors for you even if it means waiting a few extra moments, offering his sweater when you're cold without hesitation, or fixing up a plate for you during dinner, he's always trying to make life a little easier for you. <33

frank zhang

• frank gives the best bear hugs! (both literally and figuratively.) in the early stages of a relationship, he may come across as a bit awkward. not because he doesn't want to initiate anything, but rather because he's a bit unsure of himself. he takes his time to get to know you and build trust before stepping up his game and expressing his love in more obvious ways. as time passes, he becomes more comfortable and eases into the relationship at a sweet and slow pace, making sure to respect your boundaries and wishes. :((

he loves holding you and making you feel loved, so cuddles aren't uncommon. he takes care to express his affection in a way that makes you feels comfortable and appreciated!! he's always asking you, "do you feel alright?" or "is this fine?" because what may be okay one day might not be okay the next.

typically, he prefers to be the big spoon, but he's is also happy being the little spoon, because he believes that vulnerability and intimacy go both ways in a relationship!!

• frank has the ability to shapeshift into tons of different animals, and he uses this to his advantage while cuddling with you!! imagine waking up to find a cuddly koala bear clinging onto you protectively one day, and then the next day, holding a sweet and adorable tea-cup sized labrador puppy in your hands. the cuddling possibilities are endless!!

• your decision to date frank despite any challenges along the way has had such an impact on his self-esteem. like, seriously!! every word of praise you offer him is treasured, and he adores being around you; in fact, he flourishes in your presence. your encouragement has really made a difference in his life. <33

• he love, love, LOVES holding your hand!! he seems to find every opportunity to intertwine his fingers with yours, and in moments of stress or anxiety, he'll often tap or lightly pull on your hand as if seeking reassurance because your touch brings him a sense of comfort and safety.

• considering that frank's height ranges from 6'3-6'6, you're probably shorter than him. and yeah, he definitely utilizes his height advantage around you.

he loves by approaching you from behind and embracing you, regardless of your own height, and another plus is that he can easily lean down for a kiss!!

his height is particularly convenient around high shelves or objects that may be out of your reach. his height also provides a sense of protection and security for you because he can easily shield you from any harm that may come your way!

overall, 10/10 would date again.

a/n

WHY DO MY FICS KEEP GETTING LONGER AND LONGER LMFAOO.

i wanted to keep this fic relatively short but omg i could not fit everything i wanted in one post. part 2 maybe??

i love writing hc's because they're a lot more casual but my next post will probably be a regular oneshot. :))

xx, val.

4K notes · View notes

anujassociates · 2 years

Text

#5 benefits of using a buyer’s agent #buyer’s agent #buyer’s agent Australia #buyer’s agent QLD #buyer’s agent Queensland #buyer’s agent Brisbane #buyers agent #Buyers Agents Brisbane #Buyers Agents gold coast #Buyers Agents logan #Buyers Agents Redland Bay #Anuj Associates #Anuj Associates buyer agent #Buyers Agent for Investment Property Brisbane #Buy Acreage property in Brisbane

0 notes

manifestingmatcha · 2 years

Text

✨My Glow Up tips✨

Drink a lot of water it benefits your body in every way bonus points if you add lemon. If you crave soda Olipop is a good alternative.

Eat little meals made with whole foods throughout the day it really does make a difference.

Go on hot girl walks get fresh air and sunshine every day.

Drink green juices and smoothies it’s the easiest way to get in all your fruits and veggies plus you can add supplements.

Skincare is self care it’s literally the canvas for your makeup so invest in your products. Keep it simple and be consistent with your routine.

Learn to read food labels ideally you want to know how to pronounce every ingredient.

Drink less alcohol bloating and hangovers aren’t hot.

Educate yourself on vitamins and supplements to target what you want to improve. For immune system you want vitamin c and zinc and for beauty you want a collagen supplement.

Lip filler: research your provider make sure you vibe with them and feel comfortable. Start slow and gradually build to your desired shape and size. (not everyone needs filler/botox only if you want it)

Contacts over glasses is my personal preference.

Choose a signature scent for every season.

Keratin hair treatments they make styling so easy and your hair looks shiny and perfect for weeks.

Natural nail colors are the most flattering. OPI and Essie make the best nudes.

Invest in classic basics for your closet black and white t-shirts denim and shoes. Think about cost per wear quality vs quantity ect. Zara is my favorite store for inexpensive trendy pieces.

Wear signature jewelry mine are gold hoops diamond studs and dainty necklaces. Mejuri is my favorite jeweler.

Cleaning and organizing your home is therapy. Light a Fall candle and deep clean your space once a week and you will feel refreshed.

Exfoliate your face and body a few times a week

Ice roll and gua sha your face it instantly de puffs and lifts.

Plant medicine personally I love cannabis and it’s been a positive life changing medicine for me.

Therapy: I believe everyone can benefit from it.

Never stop learning read often about whatever topics you’re interested in.

For improved hair skin and nails put collagen powder in your coffee or smoothies every day.

Put fresh eucalyptus and lavender in your shower or a few drops of essential oils for the best most relaxing bath.

Brush and floss often and occasionally use Crest white strips for whitening your teeth.

Journaling is so important on paper or even in your notes app on your phone.

Learn manifesting techniques your mindset is everything.

Get a professional bra fitting and match your lingerie it will make you feel confident and hot.

#personal #these are just things that work for me and make me feel good🤍

8K notes · View notes

fumifooms · 2 months

Text

Mickrin

Fifth entry of my “Dunmeshi rarepairs I will birth with my own hands if I have to” series. This one’s straight up embarrassing, like of course the shadow version of Chilchuck and Marcille would get me.

It suddenly grabbed me out of nowhere. What got me thinking about it is this exchange, first comic third panel, because like… Woah. He knows she has a thing for Kabru? Or something. And he has NO FEAR. Like it’s so forward and has 0 pretenses lmao. And then I thought… And oh no. Oh no.

"I can fix him" x "I can make her worse"

Very uptight and strict and rules-following and too self-aggrandizing tbh x will not hesitate to insult you to your face and sleazy and free spirit…. Kuro is involved in an ot3 of sorts in my head and basically they drag her into Situations of various moral standing aka scams or idk going to a club god forbid. I think she needs to relax and get taken down 1 peg maybe, and I think he needs like…….. Someone to teach him what is unhealthy lmao, also remind him to get work benefits, and if they can like get to feel safe and comfy with one another (and god just the road there would be a beautiful trainwreck to watch) they would be gossip besties worsties.

Kabru needs to be the epitome of morals but like, if it’s Mickbell she can lower the bar… Just for him… <3 She can fix him just a little and she’ll be like "wow! Ok I can settle for this amount of upstanding behavior from you Mickbell you get a gold star"

I never expected it ok I read this extra expecting nothing and god knows why I saw him be like "hey u like Kabru right. You’re his babysitter right. Which poor sap is being Kabru’s maid" with 0 fear and her being so casually pissed back at him and idk, how they’re so comfy being not polite with one another but they’re still coworkers-friends despite it… Crazy for how prickly they both are that they manage that much. They bicker and see each other as annoying at best but weirdly dependable and friends despite it all and……….. I am going to grow them in a lab and observe how I can make it work

MICKBELL IS A REBOUND MORE AT 9??? Maybe Rin and Mickbell have a one night stand and then the aftermath dynamic is this….. She probably regrets it. And then it gets more complex and grows into something odd as she becomes hyperaware of him and they have this little complicity thing going on….

I think cuddling with Kuro (who would be more like a platonic protective & soothing presence in his and Rin’s relationship rather than romo) would destress her actually I think she needs and deserves it. Go to a dog cafe bbygirl it’ll fix you. So what I’m saying is the three of them watch a movie and Rin and Mickbell are sitting on Kuro’s laps and everyone is so comfy. Kuro’s legs die halfway through but he’s self-sacrificing it’s fine….. Actually Mick is on his laps Rin’s just nuzzled into his side. There, fixed. I am so weirdly invested in them… They’re funky to think about. Rin seeing Mickbell and Kuro like "you guys are aware that what you two have is fucked up right" and then joining them in the messy dynamic 🤝 Put them in situations. That will be all.

The sheer amount of sass on their own, let alone together…

Make them get drunk together it’ll be glorious

#Dungeon meshi #mickbell tomas #rinsha fana #I’m sorry i see visions in my hot coco mugs #Fumi rambles #Dunmeshi rarepairs #I’ve had these two in the back of my mind for months by now i’m like. Idk if i’ll write them at one point but it’d be neat #Rin needs more love. This does it for me idk. Think of the shenanigans. Someone chasing after Mick and Kuro and they drag her through the #Alleys along. Market-going turned very wrong. Someone said since both Mick and Kuro are pretty touchy feely they’d lean on her &#I think that’s cute #Mickrin #Rinbell is also cute but eh #Everyone needs Kuro tbh he’s just so laidback and good #Kabru notices early and is like. Now what the fresh hell happened while i stopped looking at you guys for 2 secs. Good for u but also huh??#I swear i have actual meta posts coming soon i just have demons to exorcise every so often #If you ask me for another rin ship that isn’t qpr it’d prob be Pattadol. Toshiro too I’ve heard fun ideas for it but Pattadol…#Her little ‘money~’ laugh is weird lol. One common point with Mick?

86 notes · View notes

sunisglowing · 7 months

Text

WHAT IS COMING IN YOUR LIFE DURING RAHU-KETU TRANSIT?

(in sidereal pisces-virgo axis)

PICK A CARD »»—––—>

paid readings available for indians only

to have a reading with me, dm me on twitter or insta (@sunisglowing)

PILE 1

This rahu-ketu transit will bring a lot of emotional maturity in your life. By the end of this period, you will get a better hold of your emotions and a better way of expressing your emotions.

I do see you getting betrayed by your close friends or siblings. You will see secrets uncover, something you didn't expect. maybe one of your friends or your relationship with siblings and friends go through a drastic change.

For some of you, you might feel out of control with your own finances. Maybe either the budget is tight, or someone else might take a hold of your finances. It might also be that you feel trapped in your responsibilities you may need to fulfill or have a burden to reach a certain financial goal.

For some of you, someone you trust might steal your money or would make excuses if you lend them. Please be careful who you are generous to. Look out for yourself first. I do see someone might use you for financial benefit so be cautious.

I do see your finances will be good so there might be people who have eyes on your gold.

Be reserved with your money and if you choose to donate make sure you are giving that to the right people and organizations.

PILE 2

The rahu-ketu transit would be a period of momentum, I mean things will be moving for you fast, especially if they have been pretty stagnant.

The next two years will be pretty successful for you in your endeavors and you will in competition.

You are moving in a new direction, a direction you feel called towards, not just out for survival. You'll be making some pretty big and hard choices in your life, regarding the things you are passionate about.

If you don't know it yet, then by the end of the next two years, you will find your inner calling. What makes you happy. You might recognize your true vocation. It feels like by the end of this transit, you will come out a completely different person, a new you.

So let go of your past and allow yourself to transform and take on a new direction. Release hidden potentials within yourself. Invest your energies in new growth. The process is about you and the desire you feel to change your life and become a more complete person. You need to have more faith in yourself. This period will teach you that, in an easy or hard way, depending on you.

Don't go by the belief that life will flow and changes will come on their own time. No. It won't. You need to take charge and take hold of your life. If you like something, don't expect it to flow towards you like a river. It will fly away like a bird :)

You are strong and capable of Taking charge, you just need to believe that you can do it. (And do it actually).

I see many cards indicating that you will have to make a tough decision during this period. At last, I think what's hesitating you is you feeling in someone else's control, like your family.

PILE 3

This chapter in your life with rahu-ketu transit will be the end of a long major chapter in your life.

It will bring a sense of wholeness in you. By looking into your past, you may find the answer, solution or at least an explanation.

You could be yearning for the old days or how things used to be.

Don't get too fixated with the past. If you are too rooted in the past it stops your forward progress and there is a danger of becoming shut down and very narrow-minded.

You have completed a phase and now you have to move forward. But moving forward is pretty difficult for you. You might be very attached with your childhood, whether it's the good or bad memories. Maybe you are very comfortable with the familiar faces that you are scared to face what's new.

This transit will test you to face things you haven't seen before. Childhood issues may be re-surfacing or coming back to haunt you. If you are experiencing problems in your life they may have originated in your childhood.

For some of you, Life may be too harsh for you now and you may seek the comfort and support that the innocence of childhood brought. It may be a sign that you do not want to take responsibility for yourself or the situation. You may have a habit of letting others sort out your problems all the time instead of tackling them yourself. Some of you are afraid to let go of the past.

Practice patience and compassion with yourself. The things you are struggling with are hard, but you have the strength to tackle them and manage them. Go slow but try.

Accept your situation and give yourself time. This period will calls for your inner strength and perseverance.

PILE 4

In this rahu ketu transit, your focus would be on the material. Focus on your career, money will be prominent. You will see the results of your hard work. So the amount of work you put in, you will get that back.

Take time to look back at all the progress you have made so far be resolute in the use of your time and energy. Take a course of action which will harmonise what you want with what is currently possible. The advice is to focus on the long run and plan and shape your goals accordingly.

There's no shortcut move available for you. You need to be patient with it and keep working.

You may also need to weigh a different approach in doing things, ponder on your alternative options. Especially if it's a career shift you wanna make.

At the beginning of this transit, some of you will be reflecting on what all has been done. You'll be assessing where you stand. Then some of you might consider a change of direction. You might be standing at a crossroads. Timing can be different for everyone who reads this and when during the transit it all plays out.

For others of you, the message is to wait as of now. Now is a time when all that is required is simply to be alert, patient and wait. You will see the return on your investments.

I also see that you have been desiring some good friendships. You want solid bonds with people but it feels like you haven't found your people, the ones who understand you. Pay attention to your dreams this time. If you have best friends, it might be that you feel more intutive about them, well idk how to word this properly, so for example you suddenly got a feeling that something bad happens to your friend and later it does happen. Some of you could be very emotionally attached to your friends or siblings, more than family. You might dream about your friends or siblings a lot during this period.

You might be feeling pretty insecure in your friendship and social life this period.

Your mental health might get very affected during this transit so take care of yourself.🤍 there wll be fears and insecurities while working with people or also making new friends too. It may be that past broken friendships are affecting you a lot emotionally and giving you Anxiety and stress. Especially in social situations or while making new friends.

192 notes · View notes

would-this-pokemon-be-a-friend · 6 months

Note

Would a Cubone be a good pet?

Thanks in advance!

A cubone would make a good pet for those who are able to handle their sensitivity and specific needs. As many of you probably know, cubones carry a lot of emotional baggage and need a lot of love and care. If you are looking for a pet that doesn’t require a lot of emotional investment, look elsewhere.

Even with solid skulls on top of their heads, cubones aren’t very heavy. This, combined with their short stature, makes them an ideal size for a pet. They seem to be friendly enough to humans, with the pokédex making no mention of aggression on their part. It’s likely that cubones would benefit from being taken in by a human, as they are very often plagued with loneliness (Gold) and picked on by their natural predator, mandibuzz (Sun, Ultra Sun).

Cubones cry. A lot. See, as a result of what can only be assumed is a natural process of their lifestyle, every cubone is an orphan. They are often overcome with sadness at the memory of their lost mother, which brings them to tears and causes them to cry mournfully (Yellow, Gold). Even just seeing a likeness of their mother in the moon (Ruby/Sapphire) or dreaming about her (Shield) can make them cry. The sound of their skull rattling, caused by these cries, attract predators in the wild (Sun, Ultra Sun). You will need to comfort them often, so caring for a cubone requires a lot of patience. With you as a secure, loving provider, it is likely that the frequency of these outbursts will decrease. In some parts, it is said that once a cubone comes to terms with their mother’s death, they will be ready to evolve (Moon), which indicates that cubones have been successfully guided to acceptance in the past.

Like I said earlier, cubones aren’t known to be particularly violent. Thankfully, they aren’t exceptionally dangerous if they do end up attacking, making use of their signature bone to track enemies with moves like Bone Rush and Bonemerang. Cubones aren’t very skilled combatants, so you won’t have much to worry about if one tantrums aside from the odd bruise.

Cubones are just sad little babies. Unfortunately, caring for one requires discipline and patience that not every owner will have, so I can’t give them a general commendation. If you like caring for pets that need that extra attention and love, a cubone might be right for you. Also, they’re cute. I love cubones. Bone babies.

#pokémon #pokemon #cubone #pkmn irl #PR-A

134 notes · View notes

ayeforscotland · 1 month

Note

I'm not a super dedicated gamer these days, but I loved Kerbal Space Program (a game that was more a labour of love than a commercial project) and was super hyped for the much delayed KSP2. When I saw it was releasing as early access (years late) I worried for its hopes of ever seeing completion and held off buying, now after all the other shananigans the entire team have been let go in yet another mass lay-off in the gaming industry. I feel like, a few notable exceptions aside, the big-budget gaming sector has been failing to deliver real quality games for a long time now, with lower-budget indie games more often coming up with gold from much simpler foundations. It seems almost as though developers are being pushed to shoot for unachievably epic games and releasing buggy messes, or vast but hollow worlds when the publishers get impatient or the money runs out. Is there any grain of truth in my feeling that bankrollers' expectations for games is leading to more games failing to live up to the hype as projects spiral out of control and over budget? Would big studios benefit from learning from indie devs and aiming to really nail down a simpler scope but on a scale beyond what the indies can achieve?

Industry-wise there’s a couple of things at play. And apologies for the length of this.

During the pandemic, there was a shitload of investment into the gaming industry as everyone was at home and many started playing games for the first time, so venture capital firms piled money in.

They were looking for a return on their investment, not really aiming to cultivate long-term studio success.

This puts pressure on the studio to get the game out the door quickly. That month or two of QA before launch just becomes overhead while you have a product that could be selling right now.

Chance to earn even more money for shareholders and execs? Welcome to microtransaction hell.

So that’s one side of it, investors/shareholders/execs forcing decisions that make games worse.

Next bit is partly influenced by the shareholder side of things but also a huge cultural side too. Lots of studios complete a project and then layoff staff because the next game isn’t ready to start being developed yet OR layoff staff because they don’t want to pay them OR staff leave to go and do something else (often due to lack of pay, lack of promotion etc)

And what this leads to is a *massive* corporate knowledge gap. People take their skills and knowledge and create voids. Voids that need to be filled by senior staff, which is why big AAA studios are always hiring seniors, and rarely hiring juniors. So all the seniors job-hop from studio to studio and there’s no new skill set being cultivated by new industry talent.

In my experience, these huge studios are also incredibly siloed. It’s something that impacts most industries, siloed teams lead to sluggish development and decision-making.

I think the games industry walks an incredibly fine line between being a creative endeavour and being a tech business. Process management methodologies honestly seem quite alien to the games industry, most of the time to its detriment.

It honestly wouldn’t be that hard to implement but Production as a discipline within games seems to be relegated to ‘staring at JIRA’ particularly in larger studios.

Could write forever about this to be honest.

Worth saying that indie studios also have their own issues. Almost everything is a scramble, and the search for publisher funding is a nightmare.

74 notes · View notes

avissapiens · 4 months

Text

Jock New Year

New year, New opportunity to reach the fucking top. While the rest of the world is trying to eat more greens or read a book every month, your goals are wider. Bigger. More life defining. Leading towards your conquest and absolute victory. And the abyss will help guide you step by step to that gold.

Your goal for the year is...

Value your time

Time is money, money is power, Power is victory. Be in control of the flow of your life and make sure every second is accounted for and serves you in some way.

If what you are doing isn’t benefiting you or your goals, and it doesn’t contribute to your long term plan of victory, then its not worth doing. No more wasted hours. No more idle seconds. It doesn’t have to all be grind, but it sure as hell has to lift you up and enhance you in some way. You have 24 hours every day to make the best of your life. 24 hours to climb the ladder. 24 hours to crush your opponents.

Training, networking, honing your skills, Building yourself and your empire, resting, recovering and repeating it all. You don’t have time to spend on useless people, useless projects. Dead ends. Don’t fall prey to sunk cost. Just because you’ve spent a lot of time doing something in the past does not mean you need to keep spending time doing it.

Start it as a time table of your daily tasks. 7 am Breakfast, 8am gym, 10 am Trance, etc etc. Disciplined. Regimented. You know your day. Seize it.

Set a mental timer for conversations. If they haven’t said anything valuable to you by minute 10, you leave. No exceptions. Them wasting your time is like them burning your money.

Find the parts of your life whose time investment outweighs the value it gives you. Cut those out with a bloody knife. Doesn't matter if it pisses people off. Doesn't matter if its a tradition and a habit. Free up that time for more positive projects or for rest.

Envision the timeline of your life and where the trajectory you are on will lead you in 5 years, and if that vision doesn’t get your cock hard and mouth watering, change your trajectory until you get one that does

Model used is Alex Jechev

For more works to fuel your Jock new year, Explore all the lovely facets of the abyss.

#hypnosis #caption #muscle #jock #advice #hypnokink #sigma male

94 notes · View notes

leveloneandup · 3 months

Text

California Women’s Law Center 2024 Pursuit of Justice Awards

The California Women’s Law Center will host our annual Pursuit of Justice Awards reception and dinner on Tuesday, May 21, 2024, at Hotel Casa Del Mar in Santa Monica. We hope you will join us in recognizing phenomenal leaders who are working to promote equal opportunity for women and girls around the world.

Christen Press and Tobin Heath are history-making soccer players, World Cup Champions, Olympic Gold Medalists, equal pay trailblazers, and co-founders of RE-INC, a company built to reimagine a more inclusive and equitable future for all. As beneficiaries and champions of Title IX, and two of the most skilled soccer players in the world, Christen and Tobin have used their platform to advocate for equity in sports and are inspiring leaders working to ensure future generations of players benefit from increased support and more opportunity.

CWLC will also be honoring our Angel City Football Club, the women-owned Los Angeles’s National Women’s Soccer League team entering their third full season. Dedicated to players’ well-being on and off the field, Angel City FC created The Player 22 Program which invests in athletes’ post-player careers and their entrepreneurial endeavors, supports the development of and push to get more women into the business of sports, and addresses gender discrepancies in athletics.

For more than 30 years, CWLC has worked to protect, secure, and advance the civil rights of women and girls. We have advocated for and achieved policy change on a comprehensive range of issues including gender equality, Title IX enforcement, women’s health and reproductive justice, economic security, and violence against women.

#christen press #tobin heath #angel city fc #pursuit of justice award

45 notes · View notes

mostlysignssomeportents · 1 month

Text

Antitrust is a labor issue

I'm touring my new, nationally bestselling novel The Bezzle! Catch me SATURDAY (Apr 27) in MARIN COUNTY, then Winnipeg (May 2), Calgary (May 3), Vancouver (May 4), and beyond!

This is huge: yesterday, the FTC finalized a rule banning noncompete agreements for every American worker. That means that the person working the register at a Wendy's can switch to the fry-trap at McD's for an extra $0.25/hour, without their boss suing them:

https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-announces-rule-banning-noncompetes

The median worker laboring under a noncompete is a fast-food worker making close to minimum wage. You know who doesn't have to worry about noncompetes? High tech workers in Silicon Valley, because California already banned noncompetes, as did Colorado, Illinois, Maine, Maryland, New Hampshire, North Dakota, Oklahoma, Oregon, Rhode Island, Virginia and Washington.

The fact that the country's largest economies, encompassing the most "knowledge-intensive" industries, could operate without shitty bosses being able to shackle their best workers to their stupid workplaces for years after those workers told them to shove it shows you what a goddamned lie noncompetes are based on. The idea that companies can't raise capital or thrive if their know-how can walk out the door, secreted away in the skulls of their ungrateful workers, is bullshit:

https://pluralistic.net/2022/02/02/its-the-economy-stupid/#neofeudal

Remember when OpenAI's board briefly fired founder Sam Altman and Microsoft offered to hire him and 700 of his techies? If "noncompetes block investments" was true, you'd think they'd have a hard time raising money, but no, they're still pulling in billions in investor capital (primarily from Microsoft itself!). This is likewise true of Anthropic, the company's major rival, which was founded by (wait for it), two former OpenAI employees.

Indeed, Silicon Valley couldn't have come into existence without California's ban on noncompetes – the first silicon company, Shockley Semiconductors, was founded by a malignant, delusional eugenicist who also couldn't manage a lemonade stand. His eight most senior employees (the "Traitorous Eight") quit his shitty company to found Fairchild Semiconductor, a rather successful chip shop – but not nearly so successful as the company that two of Fairchild's top employees founded after they quit: Intel:

https://pluralistic.net/2021/10/24/the-traitorous-eight-and-the-battle-of-germanium-valley/

Likewise a lie: the tale that noncompetes raise wages. This theory – beloved of people whose skulls are so filled with Efficient Market Hypothesis Brain-Worms that they've got worms dangling out of their nostrils and eye-sockets – holds that the right to sign a noncompete is an asset that workers can trade to their employers in exchange for better pay. This is absolutely true, provided you ignore reality.

Remember: the median noncompete-bound worker is a fast food employee making near minimum wage. The major application of noncompetes is preventing that worker from getting a raise from a rival fast-food franchisee. Those workers are losing wages due to noncompetes. Meanwhile, the highest paid workers in the country are all clustered in a a couple of cities in northern California, pulling down sky-high salaries in a state where noncompetes have been illegal since the gold rush.

If a capitalist wants to retain their workers, they can compete. Offer your workers get better treatment and better wages. That's how capitalism's alchemy is supposed to work: competition transmogrifies the base metal of a capitalist's greed into the noble gold of public benefit by making success contingent on offering better products to your customers than your rivals – and better jobs to your workers than those rivals are willing to pay. However, capitalists hate capitalism:

https://pluralistic.net/2024/04/18/in-extremis-veritas/#the-winnah

Capitalists hate capitalism so much that they're suing the FTC, in MAGA's beloved Fifth Circuit, before a Trump-appointed judge. The case was brought by Trump's financial advisors, Ryan LLC, who are using it to drum up business from corporations that hate Biden's new taxes on the wealthy and stepped up IRS enforcement on rich tax-cheats.

Will they win? It's hard to say. Despite what you may have heard, the case against the FTC order is very weak, as Matt Stoller explains here:

https://www.thebignewsletter.com/p/ftc-enrages-corporate-america-by

The FTC's statutory authority to block noncompetes comes from Section 5 of the FTC Act, which bans "unfair methods of competition" (hard to imagine a less fair method than indenturing your workers). Section 6(g) of the Act lets the FTC make rules to enforce Section 5's ban on unfairness. Both are good law – 6(g) has been used many times (26 times in the five years from 1968-73 alone!).

The DC Circuit court upheld the FTC's right to "promulgate rules defining the meaning of the statutory standards of the illegality the Commission is empowered to prevent" in 1973, and in 1974, Congress changed the FTC Act, but left this rulemaking power intact.

The lawyer suing the FTC – Anton Scalia's larvum, a pismire named Eugene Scalia – has some wild theories as to why none of this matters. He says that because the law hasn't been enforced since the ancient days of the (checks notes) 1970s, it no longer applies. He says that the mountain of precedent supporting the FTC's authority "hasn't aged well." He says that other antitrust statutes don't work the same as the FTC Act. Finally, he says that this rule is a big economic move and that it should be up to Congress to make it.

Stoller makes short work of these arguments. The thing that tells you whether a law is good is its text and precedent, "not whether a lawyer thinks a precedent is old and bad." Likewise, the fact that other antitrust laws is irrelevant "because, well, they are other antitrust laws, not this antitrust law." And as to whether this is Congress's job because it's economically significant, "so what?" Congress gave the FTC this power.

Now, none of this matters if the Supreme Court strikes down the rule, and what's more, if they do, they might also neuter the FTC's rulemaking power in the bargain. But again: so what? How is it better for the FTC to do nothing, and preserve a power that it never uses, than it is for the Commission to free the 35-40 million American workers whose bosses get to use the US court system to force them to do a job they hate?

The FTC's rule doesn't just ban noncompetes – it also bans TRAPs ("training repayment agreement provisions"), which require employees to pay their bosses thousands of dollars if they quit, get laid off, or are fired:

https://pluralistic.net/2022/08/04/its-a-trap/#a-little-on-the-nose

The FTC's job is to protect Americans from businesses that cheat. This is them, doing their job. If the Supreme Court strikes this down, it further delegitimizes the court, and spells out exactly who the GOP works for.

This is part of the long history of antitrust and labor. From its earliest days, antitrust law was "aimed at dollars, not men" – in other words, antitrust law was always designed to smash corporate power in order to protect workers. But over and over again, the courts refused to believe that Congress truly wanted American workers to get legal protection from the wealthy predators who had fastened their mouth-parts on those workers' throats. So over and over – and over and over – Congress passed new antitrust laws that clarified the purpose of antitrust, using words so small that even federal judges could understand them:

https://pluralistic.net/2023/04/14/aiming-at-dollars/#not-men

After decades of comatose inaction, Biden's FTC has restored its role as a protector of labor, explicitly tackling competition through a worker protection lens. This week, the Commission blocked the merger of Capri Holdings and Tapestry Inc, a pair of giant conglomerates that have, between them, bought up nearly every "affordable luxury" brand (Versace, Jimmy Choo, Michael Kors, Kate Spade, Coach, Stuart Weitzman, etc).

You may not care about "affordable luxury" handbags, but you should care about the basis on which the FTC blocked this merger. As David Dayen explains for The American Prospect: 33,000 workers employed by these two companies would lose the wage-competition that drives them to pay skilled sales-clerks more to cross the mall floor and switch stores:

https://prospect.org/economy/2024-04-24-challenge-fashion-merger-new-antitrust-philosophy/

In other words, the FTC is blocking a $8.5b merger that would turn an oligopoly into a monopoly explicitly to protect workers from the power of bosses to suppress their wages. What's more, the vote was unanimous, include the Commission's freshly appointed (and frankly, pretty terrible) Republican commissioners:

https://www.ftc.gov/news-events/news/press-releases/2024/04/ftc-moves-block-tapestrys-acquisition-capri

A lot of people are (understandably) worried that if Biden doesn't survive the coming election that the raft of excellent rules enacted by his agencies will die along with his presidency. Here we have evidence that the Biden administration's anti-corporate agenda has become institutionalized, acquiring a bipartisan durability.

And while there hasn't been a lot of press about that anti-corporate agenda, it's pretty goddamned huge. Back in 2021, Tim Wu (then working in the White wrote an executive order on competition that identified 72 actions the agencies could take to blunt the power of corporations to harm everyday Americans:

https://www.eff.org/deeplinks/2021/08/party-its-1979-og-antitrust-back-baby

Biden's agency heads took that plan and ran with it, demonstrating the revolutionary power of technical administrative competence and proving that being good at your job is praxis:

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

In just the past week, there's been a storm of astoundingly good new rules finalized by the agencies:

A minimum staffing ratio for nursing homes;

The founding of the American Climate Corps;

A guarantee of overtime benefits;

A ban on financial advisors cheating retirement savers;

Medical privacy rules that protect out-of-state abortions;

A ban on junk fees in mortgage servicing;

Conservation for 13m Arctic acres in Alaska;

Classifying "forever chemicals" as hazardous substances;

A requirement for federal agencies to buy sustainable products;

Closing the gun-show loophole.

That's just a partial list, and it's only Thursday.

Why the rush? As Gerard Edic writes for The American Prospect, finalizing these rules now protects them from the Congressional Review Act, a gimmick created by Newt Gingrich in 1996 that lets the next Senate wipe out administrative rules created in the months before a federal election:

https://prospect.org/politics/2024-04-23-biden-administration-regulations-congressional-review-act/

In other words, this is more dazzling administrative competence from the technically brilliant agencies that have labored quietly and effectively since 2020. Even laggards like Pete Buttigieg have gotten in on the act, despite a very poor showing in the early years of the Biden administration:

https://pluralistic.net/2023/02/11/dinah-wont-you-blow/#ecp

Despite those unpromising beginnings, the DOT has gotten onboard the trains it regulates, and passed a great rule that forces airlines to refund your money if they charge you for services they don't deliver:

https://www.whitehouse.gov/briefing-room/statements-releases/2024/04/24/fact-sheet-biden-harris-administration-announces-rules-to-deliver-automatic-refunds-and-protect-consumers-from-surprise-junk-fees-in-air-travel/

The rule also bans junk fees and forces airlines to compensate you for late flights, finally giving American travelers the same rights their European cousins have enjoyed for two decades.

It's the latest in a string of muscular actions taken by the DOT, a period that coincides with the transfer of Jen Howard from her role as chief of staff to FTC chair Lina Khan to a new gig as the DOT's chief of competition enforcement:

https://prospect.org/infrastructure/transportation/2024-04-25-transportation-departments-new-path/

Under Howard's stewardship, the DOT blocked the merger of Spirit and Jetblue, and presided over the lowest flight cancellation rate in more than decade:

https://www.transportation.gov/briefing-room/2023-numbers-more-flights-fewer-cancellations-more-consumer-protections

All that, along with a suite of protections for fliers, mark a huge turning point in the US aviation industry's long and worsening abusive relationship with the American public. There's more in the offing, too including a ban on charging families extra for adjacent seats, rules to make flying with wheelchairs easier, and a ban on airlines selling passenger's private information to data brokers.

There's plenty going on in the world – and in the Biden administration – that you have every right to be furious and/or depressed about. But these expert agencies, staffed by experts, have brought on a tsunami of rules that will make every working American better off in a myriad of ways. Those material improvements in our lives will, in turn, free us up to fight the bigger, existential fights for a livable planet, free from genocide.

It may not be a good time to be alive, but it's a much better time than it was just last week.

And it's only Thursday.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/04/25/capri-v-tapestry/#aiming-at-dollars-not-men

#pluralistic #labor #antitrust #trustbusting #noncompetes #indenture #ftc #matt stoller #david dayen #tapestry #luxury fashion #capri

548 notes · View notes