site banner

Culture War Roundup for the week of October 2, 2023

This weekly roundup thread is intended for all culture war posts. 'Culture war' is vaguely defined, but it basically means controversial issues that fall along set tribal lines. Arguments over culture war issues generate a lot of heat and little light, and few deeply entrenched people ever change their minds. This thread is for voicing opinions and analyzing the state of the discussion while trying to optimize for light over heat.

Optimistically, we think that engaging with people you disagree with is worth your time, and so is being nice! Pessimistically, there are many dynamics that can lead discussions on Culture War topics to become unproductive. There's a human tendency to divide along tribal lines, praising your ingroup and vilifying your outgroup - and if you think you find it easy to criticize your ingroup, then it may be that your outgroup is not who you think it is. Extremists with opposing positions can feed off each other, highlighting each other's worst points to justify their own angry rhetoric, which becomes in turn a new example of bad behavior for the other side to highlight.

We would like to avoid these negative dynamics. Accordingly, we ask that you do not use this thread for waging the Culture War. Examples of waging the Culture War:

  • Shaming.

  • Attempting to 'build consensus' or enforce ideological conformity.

  • Making sweeping generalizations to vilify a group you dislike.

  • Recruiting for a cause.

  • Posting links that could be summarized as 'Boo outgroup!' Basically, if your content is 'Can you believe what Those People did this week?' then you should either refrain from posting, or do some very patient work to contextualize and/or steel-man the relevant viewpoint.

In general, you should argue to understand, not to win. This thread is not territory to be claimed by one group or another; indeed, the aim is to have many different viewpoints represented here. Thus, we also ask that you follow some guidelines:

  • Speak plainly. Avoid sarcasm and mockery. When disagreeing with someone, state your objections explicitly.

  • Be as precise and charitable as you can. Don't paraphrase unflatteringly.

  • Don't imply that someone said something they did not say, even if you think it follows from what they said.

  • Write like everyone is reading and you want them to be included in the discussion.

On an ad hoc basis, the mods will try to compile a list of the best posts/comments from the previous week, posted in Quality Contribution threads and archived at /r/TheThread. You may nominate a comment for this list by clicking on 'report' at the bottom of the post and typing 'Actually a quality contribution' as the report reason.

11
Jump in the discussion.

No email address required.

Great write-up, thank you. I knew a CEO of a big bank, and I think the biggest barriers to making good decisions were:

  • lack of time: he would have regular lunch with other C-levels, but then there were regular skip-level 1:1s with department heads, meetings with key customers, meetings with directors, public relations, government relations, various steering committees
  • lack of data: there's a reason why all these "visual analytics" software packages blew up in popularity, most of the information comes in the form of carefully curated reports. If you let yourself be walked through one, you'll never see what your C-level exec or department head is not saying.
  • lack of levers: yes, this sounds strange, but these four big decisions each year are usually so big you don't really have a way to course-correct later. Yes, you can sometimes be a Jeff Bezos and write a memo that everyone has to use document APIs for integration or be fired, but usually you can only be a Jeff Bezos, read Chris Pinkham's memo, give him a whole lot of money and see what happens.

For example, there's a shareholder meeting and one of the directors tells you "Bank X used to be #5 retail bank in the country 4 years ago and now it's #8, while Bank Y, your closest competitor, grew from #6 to #3". This basically means you are already on your way out, so let's rewind the time.

There's a board meeting and your trusty advisory office has prepared a memo for you that shows that you'll soon lose your #5 spot in the ranking of retail banks. Your chief retail officer of course has a slide deck that explains that this is a temporary setback mostly driven by a big drop in car sales this year. What do you do?

  1. tell her that you want the bank to become #3? She comes back with an investment proposal of ten billion dollars that should break even in eight years. What do you do then?
  2. tell her to stop the backsliding? Next year you're solidly #6, but that's because there was another black swan that hurt you more than the competitors. What do you do?
  3. fire her and look for a better chief retail officer? What do you tell the new one?