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by systemvoltage 1302 days ago
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.

2 comments

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?"