#cashingout — Public Fediverse posts

The free OWASP Automated Threat Handbook defines a common language to identify and classify automated threats to web applications and relevant countermeasures.

https://owasp.org/www-project-automated-threats-to-web-applications/

#AccountAggregation #AccountCreation #CAPTCHADefeat #CardCracking #Carding #CashingOut #CostInflationFraud #CredentialCracking #CredentialStuffing #DenialOfInventory #DenialOfService #Expediting #Fingerprinting #Footprinting #Scalping #Scraping #Skewing #Sniping #Spamming #TokenCracking #VulnerabilityScanning

The free OWASP Automated Threat Handbook defines a common language to identify and classify automated threats to web applications and relevant countermeasures.

https://owasp.org/www-project-automated-threats-to-web-applications/

#AccountAggregation #AccountCreation #CAPTCHADefeat #CardCracking #Carding #CashingOut #CostInflationFraud #CredentialCracking #CredentialStuffing #DenialOfInventory #DenialOfService #Expediting #Fingerprinting #Footprinting #Scalping #Scraping #Skewing #Sniping #Spamming #TokenCracking #VulnerabilityScanning

The free OWASP Automated Threat Handbook defines a common language to identify and classify automated threats to web applications and relevant countermeasures.

https://owasp.org/www-project-automated-threats-to-web-applications/

#AccountAggregation #AccountCreation #CAPTCHADefeat #CardCracking #Carding #CashingOut #CostInflationFraud #CredentialCracking #CredentialStuffing #DenialOfInventory #DenialOfService #Expediting #Fingerprinting #Footprinting #Scalping #Scraping #Skewing #Sniping #Spamming #TokenCracking #VulnerabilityScanning

The free OWASP Automated Threat Handbook defines a common language to identify and classify automated threats to web applications and relevant countermeasures.

https://owasp.org/www-project-automated-threats-to-web-applications/

#AccountAggregation #AccountCreation #CAPTCHADefeat #CardCracking #Carding #CashingOut #CostInflationFraud #CredentialCracking #CredentialStuffing #DenialOfInventory #DenialOfService #Expediting #Fingerprinting #Footprinting #Scalping #Scraping #Skewing #Sniping #Spamming #TokenCracking #VulnerabilityScanning

@bicmay

Our capitalist plutocrats accord myopic attention to the current day's stock price and the coming quarterly bottom line. The long term doesn't interest them because companies owe their full and directed allegiance to shareholders, even though those shareholders might cash out at any moment. So the cost of bad decisions is, you might say, an internal externality, or perhaps a temporal externality, thrust upon tomorrow's stockholders by today's, who try to cash out before prices dive.

This article is an example of that, but hardly an isolated one.

Capitalists see robustness, safety, redundancy, stability, jobs, work/life balance, equitable pay, sustainability, public health, the environment, and even human rights as superfluous concerns, mere sources of economic inefficiency to be hammered out if they seem to impinge on profit, their sole concern. Much of the conservative agenda is about this kind of sociopathy.

Switching to stakeholder capitalism instead of shareholder capitalism would help. It would bring more voices into the discussion. Representation matters.

#capitalism #CashingOut #externalites #ShareholderCapitalism #StakeholderCapitalism #priorities #power #electricity #LateStageCapitilism #sustainability

Fiduciary Duty vs the Three Laws of Robotics
(why coporations are "legal sociopaths")
https://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html

Losing the War in a Quiet Room
(overview of shareholder vs stakeholder theory)
https://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html

@bicmay

Our capitalist plutocrats accord myopic attention to the current day's stock price and the coming quarterly bottom line. The long term doesn't interest them because companies owe their full and directed allegiance to shareholders, even though those shareholders might cash out at any moment. So the cost of bad decisions is, you might say, an internal externality, or perhaps a temporal externality, thrust upon tomorrow's stockholders by today's, who try to cash out before prices dive.

This article is an example of that, but hardly an isolated one.

Capitalists see robustness, safety, redundancy, stability, jobs, work/life balance, equitable pay, sustainability, public health, the environment, and even human rights as superfluous concerns, mere sources of economic inefficiency to be hammered out if they seem to impinge on profit, their sole concern. Much of the conservative agenda is about this kind of sociopathy.

Switching to stakeholder capitalism instead of shareholder capitalism would help. It would bring more voices into the discussion. Representation matters.

#capitalism #CashingOut #externalites #ShareholderCapitalism #StakeholderCapitalism #priorities #power #electricity #LateStageCapitilism #sustainability

Fiduciary Duty vs the Three Laws of Robotics
(why coporations are "legal sociopaths")
https://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html

Losing the War in a Quiet Room
(overview of shareholder vs stakeholder theory)
https://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html

@bicmay

Our capitalist plutocrats accord myopic attention to the current day's stock price and the coming quarterly bottom line. The long term doesn't interest them because companies owe their full and directed allegiance to shareholders, even though those shareholders might cash out at any moment. So the cost of bad decisions is, you might say, an internal externality, or perhaps a temporal externality, thrust upon tomorrow's stockholders by today's, who try to cash out before prices dive.

This article is an example of that, but hardly an isolated one.

Capitalists see robustness, safety, redundancy, stability, jobs, work/life balance, equitable pay, sustainability, public health, the environment, and even human rights as superfluous concerns, mere sources of economic inefficiency to be hammered out if they seem to impinge on profit, their sole concern. Much of the conservative agenda is about this kind of sociopathy.

Switching to stakeholder capitalism instead of shareholder capitalism would help. It would bring more voices into the discussion. Representation matters.

#capitalism #CashingOut #externalites #ShareholderCapitalism #StakeholderCapitalism #priorities #power #electricity #LateStageCapitilism #sustainability

Fiduciary Duty vs the Three Laws of Robotics
(why coporations are "legal sociopaths")
https://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html

Losing the War in a Quiet Room
(overview of shareholder vs stakeholder theory)
https://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html

@bicmay

Our capitalist plutocrats accord myopic attention to the current day's stock price and the coming quarterly bottom line. The long term doesn't interest them because companies owe their full and directed allegiance to shareholders, even though those shareholders might cash out at any moment. So the cost of bad decisions is, you might say, an internal externality, or perhaps a temporal externality, thrust upon tomorrow's stockholders by today's, who try to cash out before prices dive.

This article is an example of that, but hardly an isolated one.

Capitalists see robustness, safety, redundancy, stability, jobs, work/life balance, equitable pay, sustainability, public health, the environment, and even human rights as superfluous concerns, mere sources of economic inefficiency to be hammered out if they seem to impinge on profit, their sole concern. Much of the conservative agenda is about this kind of sociopathy.

Switching to stakeholder capitalism instead of shareholder capitalism would help. It would bring more voices into the discussion. Representation matters.

#capitalism #CashingOut #externalites #ShareholderCapitalism #StakeholderCapitalism #priorities #power #electricity #LateStageCapitilism #sustainability

Fiduciary Duty vs the Three Laws of Robotics
(why coporations are "legal sociopaths")
https://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html

Losing the War in a Quiet Room
(overview of shareholder vs stakeholder theory)
https://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html

@bicmay

Our capitalist plutocrats accord myopic attention to the current day's stock price and the coming quarterly bottom line. The long term doesn't interest them because companies owe their full and directed allegiance to shareholders, even though those shareholders might cash out at any moment. So the cost of bad decisions is, you might say, an internal externality, or perhaps a temporal externality, thrust upon tomorrow's stockholders by today's, who try to cash out before prices dive.

This article is an example of that, but hardly an isolated one.

Capitalists see robustness, safety, redundancy, stability, jobs, work/life balance, equitable pay, sustainability, public health, the environment, and even human rights as superfluous concerns, mere sources of economic inefficiency to be hammered out if they seem to impinge on profit, their sole concern. Much of the conservative agenda is about this kind of sociopathy.

Switching to stakeholder capitalism instead of shareholder capitalism would help. It would bring more voices into the discussion. Representation matters.

#capitalism #CashingOut #externalites #ShareholderCapitalism #StakeholderCapitalism #priorities #power #electricity #LateStageCapitilism #sustainability

Fiduciary Duty vs the Three Laws of Robotics
(why coporations are "legal sociopaths")
https://netsettlement.blogspot.com/2009/02/fiduciary-duty-vs-three-laws-of-robotics.html

Losing the War in a Quiet Room
(overview of shareholder vs stakeholder theory)
https://netsettlement.blogspot.com/2012/01/losing-war-in-quiet-room.html