Hacker News new | ask | show | jobs
by systemvoltage 1302 days ago
There needs to be some competition to California model.
1 comments

There is, it’s every other polity’s labor laws. So far the competition is doing fairly poorly compared to California’s economy
I wonder if that’s why people are moving out of California at a record rate. Same with companies.

https://www.ppic.org/blog/whos-leaving-california-and-whos-m...

There is a lot of tailwind for California's economy. If I were starting a new company, I would stay away from California. Every possible metric is worse except for network effects and access to capital in SV.

Does it matter where they live if they still work for California companies remotely, and perhaps are subject to Californian labor laws?
>I wonder if that’s why people are moving out of California at a record rate. Same with companies

Probably because they are no longer competitive to afford them. If you want to argue that there needs to be a more compassionate, less capitalist competition to California then I'll walk back my argument as I would agree that there are tradeoffs there. If you were discussing there needing "to be some competition to California model" and referencing capitalistic model then I will still point to the fact that gdp per capita puts California as the best subnational polity

>Every possible metric is worse except for network effects and access to capital in SV.

Again if you meant to compare this to a non capitalistic market then you have a point, but if this is capitalism vs capitalism that's like saying "if you just remove all the ways they are winning, aren't they actually losing?"