Page 17 of 27 [ 424 posts ]  Go to page Previous  1 ... 14, 15, 16, 17, 18, 19, 20 ... 27  Next

Mordy
Deinonychus
Deinonychus

User avatar

Joined: 4 May 2006
Gender: Male
Posts: 309

13 Feb 2007, 7:58 am

dexkaden wrote:
Ever since the work of John Maynard Keynes, economists have sought the causes of unemployment outside the labor market. They have blamed consumer demand, investment spending, interest rates, the money stock, exchange rates, and assorted other variables in unrelated markets.

Prior to the Great Depression, in contrast, economists usually attributed high unemployment to faulty prices within the labor market. Market prices should tend toward an equilibrium that equates the quantity demanded with the quantity supplied. If prices are held above equilibrium, quantity supplied will exceed quantity demanded. You will observe a surplus, which in the labor market is called unemployment. The pre-Keynesian neoclassical economists, as well as economists of the Austrian school, therefore blamed excessive unemployment on wage rates that, for whatever reason, were too high..


Once again you have way too much faith in "markets" markets are simply collections of individuals, so therefore it is paramount that you study scientifically the biological and scientific basis of economies, most economists are little more then religious priests of their social order. There's way too much propaganda. Look I'm all for a for profit economic system, we just need to put the breaks on individuals and families abilities to acquire too much wealth and power... governments have checks on power, so why doesn't capitalism have checks on economic power?? Since economic power is in a very powerful sense the parent of political power.



Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

13 Feb 2007, 8:56 am

Mordy wrote:
And that means what? In modern society people have the lifestyles of the rich beamed at them daily, they live among the middle class, when they see they are basically slaves *relative* to other classes they will put a bullet in you because in their nation they are not getting their fair share. The whole propertarian idealogy is screwed up to begin with because it doesn't take into account power of technology and owning key strategic assets. People no longer own food or energy production either, if their were a less barbaric mixed economy with two sectors, One more private other more publc, we'd live in a much saner world.
Not likely, I have not met any of the class warriors that you speak of and the distribution of happiness in the American system actually matches that of even more egalitarian systems so it does not seem like a problem.
Quote:
You have too much private property and you have private tyrany, the top 2% of the population own more then 50% of the earths wealth, that is an enormous failure of capitalism right there.
It can be argued as imperfect, really though I am not that concerned considering that this is the worldwide 2%(120 million people) and that it must be recognized that significant, non-capitalist parts of the world are in poverty.
Quote:
There is no sane argument against welfare when Waltons daughter can afford a 68 million dollar painting.
Yeah, there can actually be sane arguments. None that you may accept, however, I know that sane people can definitely argue against welfare even with that knowledge.
Quote:
But wait next is the killer:

In the United States

The United States is the richest country, and in 2000, the mean wealth was $144,000 per person.[3] In the United States at the end of 2001, 10% of the population owned 71% of the wealth, and the top 1% controlled 38%. On the other hand, the bottom 40% owned less than 1% of the nation's wealth.

http://en.wikipedia.org/wiki/Distribution_of_wealth

Ok, so? We see worse inequality in other parts of the world as measured by the gini coefficient.

Quote:
History is far from over, look at how many wars the US has been involved in compared to russia? The US would be totally f****d if they didn't have that power to capture and secure strategic resources, their economy would be hugely effected.
They have both been in a good number of wars including some of the same wars. Russia probably worked more at securing resources though considering that they took most of eastern europe.

Quote:
No country or system is perfect, I'm not arguing for ANY system I'm arguing for sanity, when the waltons daughter can afford to spend 68 million dollars on a painting and someone is struggling to get by that is a failure of an economic and property system, money is social energy, and the more energy and power you have, the more you can control the prices to secure strategic assets in a society and block other classes or enslave them via debt / loans with interest.
You are arguing for your idea of sanity. I am not that concerned considering that amongst the 30 million people you say own us all, there will not be any set conclusions or collusions. Not only that but I don't have a problem with Walton's daughter buying a 68 million dollar painting either, Walton did create one of the largest and most successful companies today that is noted for its low consumer prices. Really, I don't think that class warfare is effectively taking place though


Quote:
Next you totally forget that wages have been so depressed that people are working more and more then ever before in history, or have you never heard of the original affluent society?
Nope, by all accounts they have worked more in previous times and wage depression ultimately is arising from competition. The only thing about the original affluent society is that it could not last, as we would not leave good for bad. We left it, likely due to unsustainable hunting practices as I believe I have heard that argument.

Quote:
Economics does not live in the theoretical world of mathematics, you have psychological and evolutionary issues at work. As soon as the gap becomes too wide between rich and poor (relative to their own nation/country) you are going to have major unhappyness. The truth is capitalism creates stratification and caste like behaviour in the market because of the power distribution (money/wealth). Those with more money keep gaining more money at a faster and faster rate then those who have less and this leads to huge runaway effects in political power and idealogical power.
Ok, we aren't showing any signs of massive unhappiness we have good equality of happiness and Americans are currently relatively happy as well. Really though, considering that the names on top are not always the same, I don't have much concern, not only that but rich people support many different ideologies as well so I still don't have much concern either.
Quote:
Once again you have way too much faith in "markets" markets are simply collections of individuals, so therefore it is paramount that you study scientifically the biological and scientific basis of economies, most economists are little more then religious priests of their social order. There's way too much propaganda. Look I'm all for a for profit economic system, we just need to put the breaks on individuals and families abilities to acquire too much wealth and power... governments have checks on power, so why doesn't capitalism have checks on economic power?? Since economic power is in a very powerful sense the parent of political power.
Ok, priests equals opinions. The issue I have with that is that limits can often slow down economic growth, a reduction in economic growth really does not benefit me either because of the connectedness of an economy.



eipsa
Raven
Raven

User avatar

Joined: 23 Jun 2006
Gender: Male
Posts: 119

13 Feb 2007, 10:22 am

jimservo wrote:

The problem with socialism is it has been tried and it has failed repeatedly. In Europe it is failing at this very moment. In Scandinavia it has failed (with the possible exception of Norway because of vast oil reserves that Norwegians actually tap unlike the United States). In Asia it has failed, in South America it has failed, and in Africa it has failed.

It has failed everywhere. It does not work.


Ehrmm. Thats just a tad over doing it I think..
I'm from Denmark.
In Denmark there is a 'somewhat' socialist system and its certainly not 'failing'...it's actually doing extremely well.
In Denmark its like this:
a) All hospital and doctors appointments is free to all. There is a very high standard of hospitals comparable to anywhere in the west.
b) All education is free to everybody, including university and PhD level, and students even get a free grant from the government for living/housing expenses. There is a very high standard of schools and universities, comparable to anywhere in the west and the quality of the school does not depend on its location (ie. if its in a rich area or not).
c) Everything works. Trains are super modern and on time. Roads are nice and have no potholes. There are pretty green areas, parks etc, everywhere. Government offices are nice and the people who work there are generally friendly (not like gov people elsewhere).
d) There are practically NO homeless people on the streets. There are NO poor people.
e) Its the most computerized country in the world (computers per capita) and it has the most people with broadband connections (per capita) and its broadband connections were recently found to be the best in the world.
f) Difference between rich and poor is amongst the smallest in the world, whereas countries like the US rates along with Nigeria and other african states. (according to CIA World Fact Book)
g) There are maybe about 10 or so political parties in government, meaning level of democracy is better than many other countries.
h) Minimum wage is around 15$ per hour... yes thats right.. 15. Only few people make only minimum wage.
i) People generally have min 5 weeks holiday per year, and they dont have to work 80 hours a week....

Now, I wouldn't exactly call this a faillure, would you?
And its not because there are lots of resources. There is only some oil and natural gass and thats about it! and its nowhere near in the amounts that Norway has f.ex. The main natural resource is PEOPLE, who are well educated, and dont just want factory jobs for minimum wage, they do the designing and devellopment for other countries which is why they earn more.
The drawback is the taxes are very high, amongst the highest in the world, but hey? look at what you get for it...

So don't call socialism a faillure, you don't know what you're talking about. If you don't beleive it then come visit and see for yourself. Dont outright beleive your governments propaganda..



eipsa
Raven
Raven

User avatar

Joined: 23 Jun 2006
Gender: Male
Posts: 119

13 Feb 2007, 10:42 am

dexkaden wrote:

I happen to think that the SOLE PURPOSE of government is protect my life, my liberty, and my property. As long as government stays in that role, men are equal. Government is not instituted among men to take winnings from the winner. If some private citizen wants to take HIS MONEY, or raise money from other private citizens, then all the better. But someone deciding to take the government's monoply of force to coerce private citizens into behaving "morally" is wrong.


The problem with tat is that all people are NOT created equal! Therefore someone can be working really hard and be really talented and also be really poor! Doesn't sound particularly fair to me.
If someone with AS is not a good business leader but is a really good programmer and works just as hard, is it fair that the business leader gets all the dosh while the programmer gets 60$k/year and dental? Your answer will probably be that if the programmer is really good then he will get a top paying programming job, but hey do the math...maybe there are only 10 top jobs available and 50 top programmers, they can't ALL get the top job... so it comes down to who they know and who their family knows and what school they went to and all that crap.



dexkaden
Veteran
Veteran

User avatar

Joined: 29 Dec 2005
Gender: Female
Posts: 1,967
Location: CTU, Los Angeles

13 Feb 2007, 10:59 am

eipsa---

Denmark is a mixed economy, not pure socialist. If it follows the "Scandinavian Model" of socialism, it nationalizes cosumption rather than production---or, in other words, it allows the silly Kapitalists to make money, and then tax the wages and profits and use that money to buy social benefits. And it will be interesting to see how it plays out. Sweden isn't doing so well.

eipsa wrote:
dexkaden wrote:

I happen to think that the SOLE PURPOSE of government is protect my life, my liberty, and my property. As long as government stays in that role, men are equal. Government is not instituted among men to take winnings from the winner. If some private citizen wants to take HIS MONEY, or raise money from other private citizens, then all the better. But someone deciding to take the government's monoply of force to coerce private citizens into behaving "morally" is wrong.


The problem with tat is that all people are NOT created equal! Therefore someone can be working really hard and be really talented and also be really poor! Doesn't sound particularly fair to me.


All men ARE created equal. All men share the same natural rights. Natural rights and economic "fairness" are two very different things. I am not talking about somone being a better programmer----I can't program, so anyone who can program is better than me and should get a programming job----or someone having more skill than another person. In that respect, all men are different. What I am talking about is having me, the political economist, be treated the same under the law as a computer programmer, and having us both be treated the same as some wealthy CEO or government official.

Equating monetary compensation with human equality is foolish.


_________________
Superman wears Jack Bauer pajamas.


nutbag
Veteran
Veteran

User avatar

Joined: 27 Jan 2007
Gender: Female
Posts: 2,582
Location: Arizona

13 Feb 2007, 11:11 pm

The best system is also the simplest one. If I own something and want to sell it I ought to be able to do so, and sans anyone else' permission, IF someone wants to buy it. We come to a deal advantageous to each and make the trade. this is the free market. Capitalism is already a pertubation of the free market.

The free market always exists. Even if a government tries to eliminate it, it simply goes underground.

The free market, allowed, is what we all do naturally. We do not have to learn it. and it is fair. If you want something, just do something, produce something that someone will accept in trade for what it is that you want.

Any other system is illogical, antihuman, and unjust. Period.


_________________
Who is John Galt?
Still Moofy after all these years
It is by will alone that I set my mind in motion
cynicism occurs immediately upon pressing your brain's start button


Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

13 Feb 2007, 11:16 pm

nutbag wrote:
The best system is also the simplest one. If I own something and want to sell it I ought to be able to do so, and sans anyone else' permission, IF someone wants to buy it. We come to a deal advantageous to each and make the trade. this is the free market. Capitalism is already a pertubation of the free market.

The free market always exists. Even if a government tries to eliminate it, it simply goes underground.

The free market, allowed, is what we all do naturally. We do not have to learn it. and it is fair. If you want something, just do something, produce something that someone will accept in trade for what it is that you want.

Any other system is illogical, antihuman, and unjust. Period.

Interesting idea, what do you mean by perturbation though? I am just curious. Do you mean intellectual property or what characteristic? Usually the competition is capitalism vs socialism or capitalism vs government intervention, but rarely capitalism vs free markets.



dexkaden
Veteran
Veteran

User avatar

Joined: 29 Dec 2005
Gender: Female
Posts: 1,967
Location: CTU, Los Angeles

13 Feb 2007, 11:44 pm

Awesomelyglorious wrote:
nutbag wrote:
The best system is also the simplest one. If I own something and want to sell it I ought to be able to do so, and sans anyone else' permission, IF someone wants to buy it. We come to a deal advantageous to each and make the trade. this is the free market. Capitalism is already a pertubation of the free market.

The free market always exists. Even if a government tries to eliminate it, it simply goes underground.

The free market, allowed, is what we all do naturally. We do not have to learn it. and it is fair. If you want something, just do something, produce something that someone will accept in trade for what it is that you want.

Any other system is illogical, antihuman, and unjust. Period.

Interesting idea, what do you mean by perturbation though? I am just curious. Do you mean intellectual property or what characteristic? Usually the competition is capitalism vs socialism or capitalism vs government intervention, but rarely capitalism vs free markets.


Well, I don't know. I think that there is a difference between capitalism and a free market. Capitalism, I think, becomes less than a free market when government sets protectionist measures to maximize their profit at the expense of another. So things like quotas and tariffs are not a free trade system, but they are part of "capitalism."


_________________
Superman wears Jack Bauer pajamas.


Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

14 Feb 2007, 12:23 am

dexkaden wrote:
Well, I don't know. I think that there is a difference between capitalism and a free market. Capitalism, I think, becomes less than a free market when government sets protectionist measures to maximize their profit at the expense of another. So things like quotas and tariffs are not a free trade system, but they are part of "capitalism."

Well, it really depends on opinion. I have seen them used interchangeably many many times so I end up losing a flavor for the difference.



dexkaden
Veteran
Veteran

User avatar

Joined: 29 Dec 2005
Gender: Female
Posts: 1,967
Location: CTU, Los Angeles

14 Feb 2007, 12:25 am

Awesomelyglorious wrote:
dexkaden wrote:
Well, I don't know. I think that there is a difference between capitalism and a free market. Capitalism, I think, becomes less than a free market when government sets protectionist measures to maximize their profit at the expense of another. So things like quotas and tariffs are not a free trade system, but they are part of "capitalism."

Well, it really depends on opinion. I have seen them used interchangeably many many times so I end up losing a flavor for the difference.


This is true. This is also why I almost always try to use the term free market instead of capitalism.


_________________
Superman wears Jack Bauer pajamas.


Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

14 Feb 2007, 12:44 am

dexkaden wrote:
This is true. This is also why I almost always try to use the term free market instead of capitalism.

I make no effort because well, it isn't incorrect, and I see the usage of capitalism and free-market used so often interchangeably anyway that I see no reason.



dexkaden
Veteran
Veteran

User avatar

Joined: 29 Dec 2005
Gender: Female
Posts: 1,967
Location: CTU, Los Angeles

14 Feb 2007, 1:19 am

Well, whatever. That's cool. I think there is, even if it is just an issue of semantics. The negative connotation of the word "capitalism" tends to, at least in my discussions with my peers, tends to take the argument away from a discussion of markets and the creation of wealth and whatnot, and pushes it more into an argument over "social issues." If I use the term "free market," people are more apt to listen to my argument before jumping to the thought of redistribution of wealth and market failures and whatnot.


_________________
Superman wears Jack Bauer pajamas.


Awesomelyglorious
Veteran
Veteran

User avatar

Joined: 17 Dec 2005
Gender: Male
Posts: 13,157
Location: Omnipresent

14 Feb 2007, 1:27 am

dexkaden wrote:
Well, whatever. That's cool. I think there is, even if it is just an issue of semantics. The negative connotation of the word "capitalism" tends to, at least in my discussions with my peers, tends to take the argument away from a discussion of markets and the creation of wealth and whatnot, and pushes it more into an argument over "social issues." If I use the term "free market," people are more apt to listen to my argument before jumping to the thought of redistribution of wealth and market failures and whatnot.

That is a good point. Maybe I do need to use "free market" more.



eipsa
Raven
Raven

User avatar

Joined: 23 Jun 2006
Gender: Male
Posts: 119

14 Feb 2007, 1:37 am

dexkaden wrote:
All men ARE created equal. All men share the same natural rights. Natural rights and economic "fairness" are two very different things. I am not talking about somone being a better programmer----I can't program, so anyone who can program is better than me and should get a programming job----or someone having more skill than another person. In that respect, all men are different. What I am talking about is having me, the political economist, be treated the same under the law as a computer programmer, and having us both be treated the same as some wealthy CEO or government official.

Equating monetary compensation with human equality is foolish.


They share the same rights, but they are NOT equal. Some are short some are tall, some are NT some are AS, some are clever some are not etc etc. Some fit nicely into 'the system' and can make loads of cash, some don't fit into 'the system' and wont. I don't think natural rights and fairness are two different things. Furthermore, especially in places like the US, people don't receive equal schooling, your schooling depends on who you are born to and where you are born, so people are definently NOT created equal there.
If you were living on an isolated island with 10 other people, you would see just how quickly everybody would be having the same standard of living and everybody would be helping each other. When the groups become too large (100 people?) then things start to happen because now you can be a greedy ass and exploit people but the group is still large enough that you will still have friends or 'followers'.
There is no sane arguement for why a talented programmer (or whatever) should not earn a high salary like a talented CEO of a successfull company, or rather the CEO should earn alot less.
The capitalist system rewards people who are good at making money, i.e. stockbrokers, lawyers, corporate raiders, moviestars. Everybody else are scraping by in comparrison.
Its a great mantra this thing of 'everybody gets the same chance' etc etc and all are treated equal and you just have to get off your butt and not be lazy and go live the american dream. haha. yeah right. How many people actually in reality do succeed in that?
Its similar with Democracy, in democracy the leaders are the ones wo are really good at one thing and one thing only and that is 'to get elected'. They generally have no clue how to actually run a country or how to make good decisions. They are just good at being elected.

On the topic of Denmark, you seem to dismiss it because it's not a 'real' socialist system. Thats probably true, but nonetheless everything works ALOT better than in most more pure capitalist systems. The middleclass is something like 80-90% I would guess. A carpenter who builds houses can easilly earn the same (high) salary as a civil engineer. And why not? the carpenter has also undergone extensive training, is also working hard, is also talented (and the result of this is beautiful houses for everyone). And in reality it doesn't matter *how* it is done, its the end results that matter, so if the method is to have a capitalist system but taxed super heavily and then the taxes are redistributed then thats the same as whatever a 'real' social system is, the result is the same.
I also forgot one last thing thats a great result of all this: No crime! Well offcourse there is some crime, but there is very little going on in that department. Why is that? because everybody have a job or is on a welfare that you can actually live on. So only the psychos comit crimes, not regular people that would otherwise be forced to because they gotta eat. (That said, violent crimes are up recently because the current rightwing government has increased in-equality)
In the US you have rampant crime and drugs, why? where would you rather live? in a peacefull society or a violent one?

I disagree that Sweeden is doing badly. They seem ok to me. They had economic probs in the nineties but they seem to have gotten over it largely.



Mordy
Deinonychus
Deinonychus

User avatar

Joined: 4 May 2006
Gender: Male
Posts: 309

14 Feb 2007, 4:33 am

nutbag wrote:
The best system is also the simplest one. If I own something and want to sell it I ought to be able to do so, and sans anyone else' permission, IF someone wants to buy it. We come to a deal advantageous to each and make the trade. this is the free market. Capitalism is already a pertubation of the free market.

The free market always exists. Even if a government tries to eliminate it, it simply goes underground.

The free market, allowed, is what we all do naturally. We do not have to learn it. and it is fair. If you want something, just do something, produce something that someone will accept in trade for what it is that you want.

Any other system is illogical, antihuman, and unjust. Period.


So does socialism... what do you think piracy and stealing is? It's people wanting social benefits.



Mordy
Deinonychus
Deinonychus

User avatar

Joined: 4 May 2006
Gender: Male
Posts: 309

14 Feb 2007, 4:39 am

nutbag wrote:
The best system is also the simplest one. If I own something and want to sell it I ought to be able to do so, and sans anyone else' permission, IF someone wants to buy it. We come to a deal advantageous to each and make the trade. this is the free market. Capitalism is already a pertubation of the free market.

The free market always exists. Even if a government tries to eliminate it, it simply goes underground.

The free market, allowed, is what we all do naturally. We do not have to learn it. and it is fair. If you want something, just do something, produce something that someone will accept in trade for what it is that you want.

Any other system is illogical, antihuman, and unjust. Period.


The simplest and hence "best" system is war and domination, why pay for what you can steal? That's "pure" capitalism -- kill your creditors and make a profit (less cost). That is the simplest system - i.e. slavery. and mankind used that system for thousands of years.