this post was submitted on 18 Sep 2023
1497 points (98.8% liked)

News

23311 readers
3593 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 year ago (1 children)

Modern accounting techniques are amazing and super effective,

Hmm

The biggest weakness of accounting though is its inability to capture externalities

Oh so you mean it's actually dog shit then, if you can't properly look at external risks outside the clearly defined formulas and can game said fomulas to cook books to one's liking.

How does one company record the cost of their employees commute? How do you even begin to calculate that? How do you measure the cost of extra leukemia cases in a town ten years after a train derails nearby? How do you record that in your books? How do you calculate and record the distress these huge noisy shipping vessels cause whales? It's just so subjective and impractical.

You act like these are difficult tasks in the modern era. Commute is pretty simple, what type of vehicle, what are its maintenance costs at certain mileages, what are the crash statistics, etc. Once you have a general fomula you can add an increased payout to cover ireegular externalities to properly hedge against the edge cases. Same shit for the others. It's not subjective and impractical, it's just not the going to be perfectly effiecnt as you need to create a bigger financial bubble to account for edge cases. The problem is hyper fixation on extracting the most captial possible from a business. Stop trying to be the most clean cut business and focus on aiding your communities, working to better infrastructure and stop interference with local governments for tax benefits. Then progressive changes can be beneficial to both and reduce external unmitigated risks as we have a more nuanced model to work with.

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

That rant is unhinged, you're not playing with a full deck. Not gonna engage with you if you can't have a reasonable conversation in good faith.

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

Lol, call out your bullshit and you have nothing but a reductionist argument, but sure bud I'm the one not playing with a full deck. Go lick some more boots if you can't engage in constructive conversation.

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

Come back when you can codify your point into something that can actually be recorded on a balance sheet and P&L. Until then it's not even wrong, it's just..word salad..