Kim Scheinberg
There's this (largely unpracticed) idea on Wall St that every once in a while you should sell your entire portfolio and then decide which stocks you actually want to buy back. It's a way of dealing with the Endowment Effect which says that people have a bias toward overvaluing things they already own
I think every police dept should fire 10% of the force every six months, and let an independent panel determine who should be hired back based on interviews and unredacted copies of their files
Paul Cantrell
@polotek @kims
I don’t know about Kim, but •I• would make that argument — not because of the role, but because of the long history of entrenched racism and violence in the police force.
Marco Rogers
@kims This is fascinating. You know private companies do this all the time. Stack ranking is a whole thing. And everybody says they hate it. Are you making the case that police specifically should be held to this standard because of the nature of their role?
Dethrone Dog
@inthehands @polotek @kims The police are broken at the institutional level. I think that we as a society need to identify which functions of police we want to keep, like incident response, administration of justice, etc, and create new institutions for these purposes that operate in fundamentally different ways from the existing police force. Or in other words, we need to abolish police. The police refuse to be held accountable and any attempt to do so is bound to fail, as so many have before.
Paul Cantrell
@sanedragon @polotek @kims
A ground-up rethink from scratch is something I’d like, too, but if we actually want to get institutional problems fixed, it usually requires a frustratingly iterative and piecemeal approach. Thus something like and independent board that can simply not rehire (as opposed to actively fire) specific officers sounds like a great idea to me.
Dethrone Dog
@inthehands @polotek @kims I get it, but given the power of police "unions" I don't see anything like that happening any time soon. Where I would focus attempts at incremental change is in creating the alternative institutions and reassigning tasks to them.
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