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Cake day: June 9th, 2023

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  • A PBC still has outside equity owners who need returns and have voting power. The designation gives the board permission to weigh stakeholder interests to avoid lawsuit, but: 1) it doesn’t change what the investors who funded the company actually need from it, and 2) it doesn’t change the fact that those investors own the equity and can replace the board if they’re unhappy.

    As the other person mentioned, the problem with our current system capitalism is they still need to know someone “with tens of millions of dollars to burn.” Someone who, once they own a controlling interest, can just replace the board with people who prioritize returns. If we lived under socialism, those tens of millions of dollars would just come from the state as a low-interest loan that doesn’t confer control.


  • What you are describing is basically a worker co-op: workers decide collectively how to distribute or reinvest retained earnings and plan for down years, and there’s no rich guy who owns the company and needs it to keep growing their wealth, so there’s no one with the power and incentive to direct everyone to screw over the customers. These exist today but have a hard time scaling in capital-intensive industries like global streaming where you have to pay the thousands of laborers who work to produce the content.

    The problem is that private capital is always going to want something back; equity means ceding control, and debt at commercial rates means the repayment pressure recreates the same growth imperative you were trying to escape. This is essentially the socialist critique of capitalism. One of the more interesting socialist answers to the scaling problem is public investment banks, which can capitalize co-ops at patient rates without taking equity.




  • Gee, if only the private corporation with a near monopoly on “progressive” general election ballot lines would hold meaningful, competitive primary elections for the highest office in the land. But no, it’s “tradition” for unelected party insiders to clear the field for demonstrably unpopular incumbents who broke their campaign promise of running a single term. Better to handpick the nominee before voters even get a say.

    Look at NYC. Their ranked-choice mayoral primary is competitive, and voters turn out when it actually matters. You can’t blame people for skipping a rigged system that’s failing to produce candidates they actually like. Doing so isn’t gonna lower cost of living or fix the broken US healthcare system, which is what most people are actually voting for when they get the chance.














  • Color is mostly a biological sensation. In low light, humans lose color acuity because rods are activated more than cones. Objects reflect the same wavelengths, but our cones can’t activate due to low energy. Does this mean color fades in low light? It depends on the physiology of the perceiver.

    Humans have three color receptors peak-sensitive to red, green, and blue. Dogs have only two: yellow and blue. This means they can’t distinguish certain wavelengths. To dogs and colorblind humans, red and green look the same because their receptors are activated similarly. Color isn’t just a property of light; it’s a biological perceptual experience.


  • ianonavy@lemmy.worldtoSelfhosted@lemmy.worldWhat is Docker?
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    11 months ago

    A signature only tells you where something came from, not whether it’s safe. Saying APT is more secure than Docker just because it checks signatures is like saying a mysterious package from a stranger is safer because it includes a signed postcard and matches the delivery company’s database. You still have to trust both the sender and the delivery company. Sure, it’s important to reject signatures you don’t recognize—but the bigger question is: who do you trust?

    APT trusts its keyring. Docker pulls over HTTPS with TLS, which already ensures you’re talking to the right registry. If you trust the registry and the image source, that’s often enough. If you don’t, tools like Cosign let you verify signatures. Pulling random images is just as risky as adding sketchy PPAs or running curl | bash—unless, again, you trust the source. I certainly trust Debian and Ubuntu more than Docker the company, but “no signature = insecure” misses the point.

    Pointing out supply chain risks is good. But calling Docker “insecure” without nuance shuts down discussion and doesn’t help anyone think more critically about safer practices.