this post was submitted on 04 Sep 2023
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Antiwork

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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.

The new place for c/[email protected]

This server is no longer working, and we had to move.

Active stats from all instances

Subscribers: 2.1k

Date Created: June 21, 2023

Library copied from reddit:
The Anti-Work Library 📚
Essential Reads

Start here! These are probably the most talked-about essays on the topic.

c/Antiwork Rules

Tap or click to expand

1. Server Main Rules

The main rules of the server will be enforced stringently. https://lemmy.world/

2. No spam or reposts + limit off topic comments

Spamming posts will be removed. Reposts will be removed with the exception of a repost becoming the main hub for discussion on that topic.

Off topic comments that do not pertain to the post at hand may be removed if it is deemed they contribute nothing and/or foster hostility at users. This mostly applies to political and religious debate, but can be applied to other things at the mod’s discretion.

3. Post must have Antiwork/ Work Reform explicitly involved

Post must have Antiwork/Work Reform explicitly involved in some capacity. This can be talking about antiwork, work reform, laws, and ext.

4. Educate don’t attack

No mocking, demeaning, flamebaiting, purposeful antagonizing, trolling, hateful language, false accusation or allegation, or backseat moderating is allowed. Don’t resort to ad hominem attacks against another user or insult other people, examples of violations would be going after the person rather than the stance they take.

If we feel the comment is uncalled for we will remove it. Stay civil and there won’t be problems.

5. No Advertising

Under no circumstance are you allowed to promote or advertise any product or service

6. No factually misleading informationContent that makes claims or implications that can be proven false or misleading will be removed.

7. Headlines

If the title of the post isn’t an original title of the article then the first thing in the body of the post should be an original title written in this format “Original title: {title here}”.

8. Staff Discretion

Staff can take disciplinary action on offenses not listed in the rules when a community member's actions or general conduct creates a negative experience for another player and/or the community.

It is impossible to list every example or variation of the rules. It is also impossible to word everything perfectly. Players are expected to understand the intent of the rules and not attempt to "toe the line" or use loopholes to get around the intent of the rule.


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Server status for big servers http://lemmy-status.org/

founded 1 year ago
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[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

So your idea is just pray for some rich people to buy the assets and not let the bank's customers without all their money?

What if this pray for the rich saviors is not answered? Any plan b? Maybe make this buying a law?

[–] [email protected] 1 points 1 year ago (1 children)

Customers wouldn’t be without money. It’s insured.

Instead we used tax payer money to prop them up and didn’t solve the problem.

You have to let things fail.

[–] [email protected] -1 points 1 year ago (1 children)

It’s insured.

In most western countries the Govt only guarantees up to a certain amount per depositor (in US it is $250k).

The ballad of Silicon Valley Bank is a good example of why the Govts needed to bail out their banks during GFC. Without the govt backing those banks there would have seen huge runs, and in no time at all the imaginary money banks operate on would have disappeared, meaning companies can't pay workers, people can't buy groceries etc.

Note, I am not defending the heinous behaviour of finance execs leading up to, during and post GFC - for them I'd bring back the guillotine. But rather explaining that bailouts are needed sometimes to ensure the economy keeps 'flowing'. Post GFC has seen a lot of countries bring in tighter regulations for banks with regards to how much cash on hand they must have, how much in investments/bonds and how much exposure to loans they are allowed. Unfortunately I'm not sure if US took the opportunity to propose and enforce new regulations as many other nations did.

[–] [email protected] 1 points 1 year ago

We did. We put in many worthless regulations that really didn’t solve the problem.

I’m a connective republican. Socially more liberal but fiscally conservative.

The executives of the banks that needed bailouts should have been jailed as they took risk they shouldn’t have taken. All the banks do it because there are no consequences when they fail. Zero.

They need to punished for mishandling assets so poorly.