- Joined
- Jun 11, 2018
Could you be explaining the sunken cost fallacy? An analogy of this may be a a used car. Eventually, it needs repairs -- maybe $200 here, $300 there. Before long, something major wears out and costs $1000 or more. Some people smartly realize they're eventually spending more money on repairs than the car is worth, cut their losses, and look for another car. Those that fall for the sunken cost fallacy, however, feel that because of all the money they've invested into the car already, they need to keep spending money on it until it physically stops operating -- even if it's too much of a financial drain on them.
It could be Jeva was so determined with his role in "the cause" he thought nothing of paying for new sets of tires and other costs of running the snack van until he was in financial ruin and ultimately got #metoo-ed to add insult to injury -- his own sunken cost fallacy of sorts.
Unfortunately, this part of a larger trend across college campuses. At the University of Michigan's main campus in Ann Arbor, graduate student teachers' assistants, via their GEO union, recently went on strike for better COVID-related working conditions. That in itself seems reasonable, but they also added extraneous demands to the negotiations such as defunding/defanging campus police and not working as closely with city/local police as they have in the past.
University alumni observing and discussing the happenings felt the GEO had legitimate COVID issues and that the defunding stuff were both short-sighted and out of scope for negotiations centered on working conditions. Unfortunately, it appears the university cucked to some degree regarding the defunding demands based on this article I found about the strike's resolution. I wish I could have found something from a more mainstream source, but this will do in light of one of the paragraphs.
(Archive)
One very telling (if not chilling) quote from the article:
Immediate thoughts:
- Any group with "Liberation Front" in its name sounds like a bad group to capitulate to.
- An "abolitionist organizing campaign", presumably regarding the defunding of campus safety and related demands, sounds equally bad. It also sounds that similar demands will now be made across the country even though they have nothing to do with contracts covering wages and working conditions.
However, the fact that both the university and city of Ann Arbor as a whole are quite liberal, this sadly isn't surprising. U of M within the last few years recently decided that students with "undocumented" status would be charged in-resident rates, after all. Worse, I feel these activist groups will now feel emboldened to follow through with their intentions of demanding this all across the country -- especially since must universities won't stand up to these unions when they make such demands.
Even if the decreased TV viewership numbers are offset to some degree by people watching streaming broadcasts, not everyone that stopped watching the TV version is doing that since some older normies still find streaming services too confusing, complicated, or little more than extra cost they'd rather not spend during the pandemic when money is tighter. You're right that the league is probably still profitable for now and won't change the status quo because of that, but that may change at some point if overall viewership after factoring in both TV and internet continues to decrease in direct proportion to the league increasing emphasis on BLM and other SocJus movements over the actual games on the court.
