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Comment Re:Exploitation for the win! (Score 1) 384

Growth is when something is better than it was minus maintenance. When you say you can't grow the economy forever you are right in a sense (sun ending, heat death of the universe etc.) but wrong in the sense that you actually mean. Further growth is only impossible when everything and I mean everything is exactly like everyone wants it. Then your silly talk about further growth being impossible might be wroth listening to. As it is you should probably go suck a tailpipe as you're not good for much else.

Also, growth in monetary terms must be higher than inflation otherwise your company is losing. Being static is fine but it still requires a monetary growth equal to inflation.,

Comment Re:Captain obvious (Score 1) 324

What does the floating barrel have to do with accuracy during movement? Either I've missed something fundamental or you have. The point of a floating barrel is that there is nothing affected by temperature or humidity touching the barrel along its length. It's still attached to the receiver (?) and it's a fricking thick walled metal pipe that doesn't care about a few G's this way or that way. At least not in comparison to the general innacuracy anyone would have when on the run/move.

Comment Re:That's great and all... (Score 1) 369

What about me who appreciates both a milkshake an my own special concoction of campari, angostura bitter and tonic water but still dislikes beer. Hell, I can drinl angostura neat.

ATM though I've only been drinking semi cheap polish vodka which is suprisingly tasty. Called Zubrowka if anyone is interested. I might be reaching my limits though as I'm responding to this.

Comment Re:there once was a time (Score 1) 247

That's just because we're in the infancy of social networking sites or more generally in the infancy of the internet itself. At some point (which we may or may not have reached) things will stabilize and we'll see a single or a few large players that will dominate for a long time period. Compare this to any new industry, be it automobile or even personal computers. They all start out with insane diversity, shrink and stabilize to a few large players which usually gets complacent and/or makes mistakes and get taken to the cleaners by some upcoming company which will then be the new large player until they screw up.

Comment Re:1984 (Score 1) 1238

We are obviously on opposite ends of the political spectrum. You seem to be some sort of anarchist, mutualist or just generally socialist while I'm a minarchist with anarcho-capitalist leanings. So there is almost zero chance of either of us denting the other's opinions and views.

I consider most of what you wrote so insanely contra-factual and fantastic that I'm not even going to respond to the claims that I consider more difficult to oppose as I don't see much point in even trying to debate when we are so far apart.

No need, we know the wealth was generated. The problem is, ALL of it is in the hands of a tiny minority, NOT in the hands of "humanity". True there was a lot less wealth in the world before the 1800's, but just as true- that wealth was MUCH more evenly distributed, and it was in constant motion. The difference between the rich and the poor was fairly small and nobody HAD to starve.

I'm not saying the entire world is wealthy, only the countries with decent institutions and freedoms (i.e. capitalism) have most of the wealth. BUT even the poorest of today in capitalist countries have a living standard (in some or most ways) that is higher than even the rich had in the 1800's. Granted much of this is due to industrialism but it isn't a fluke that the capitalist west is the most industrialized.

Not having enough food or at least toiling 12 hours a day in the fields for just enough to eat and not much else was the norm. And that's if there wasn't a drought or some other calamity that disturbed the cultivation. You need to go to gapminder and look at actual stats to realize how fucking far off the mark you are. http://www.gapminder.org/

To me - I say you measure the success of an economy NOT by it's total size. Not by it's corporate profits. None of that shit matters. What matters is - how many people EAT today. How many people got that plate of food with honest labor ?

I make shit wages. I do various physical labor but mostly construction. I'm more or less the equivalent of a Mexican outside a hardware store in the US but with more job security. I need to work about two hours to eat (very well) in a day. If we're talking the cheapest possible but still nutritious (as in calories, proteins and vitamins not the whole foods kind of nutritious) I could probably get away with half an hour worth of labor. Food is not a problem in the capitalist parts of the world.

Just how naive must you be to think that all, let alone MOST trade in the world today is voluntary ? Do you really think that sweatshop workers CHOOSE to work the way they do ? That there is benefit ? To them ? The whole point of predation and exploitation is to leave the other party with no CHOICE but to trade with you, EVEN at their own detriment.

Trade by definition must be voluntary (voluntary in this case=without external coercion) otherwise it would not be trade. It would be called forcible exchange of goods or something like that.

Of course the sweatshop workers choose to work in sweatshops! The alternative is starving or toiling in the fields for 12 hours a day. Or working for some local firm which pays much poorer wages than a western company does. All the western world had sweatshops in the dawn of industrialization and there was no-one forcing people to work in the factories or the cottage industries. People voluntarily moved from a life of being farmers to a life of being industrial workers.

Pure capitalism demands an unemployment rate of around 20% - because that is great for corporate profits (as long as you only care about the really HUGE companies of course).

Pure capitalism demands an unemployment rate that is equal to the percentage of people who are unwilling to work at current wages or are in the process of switching jobs.

But to me the most successfull economies is countries like Sweden and Denmark where unemployment is around 2%. 98% of the people live a good middle-class life, which they work to earn. They can AFFORD to take care of the other 2% (primarily those who have no OPTION to work - the disabled etc). They can afford to say "if a women is pregnant she gets two years of paid maternity leave, or she and the father can each get one year - whatever works best for the parents" - and make that law.

I live in Sweden you insensitive clod!

We have something like 25% open (which means massaged numbers) unemployment among young people. This is due to all the wonderful regulation that makes it impossible to fire people and the marginal effects (that might be the wrong term) of the high taxes. You have no fucking clue what a 48% tax burden (the 48% is of GNP the middle class is taxed about 60%) does to an economy. You have no clue what generous unemployment benefits does to the willingness to work. You have no idea what the regulation of rents does to the availability of apartments. You have no idea what it's like to deal with state health care. If you break say your wrist it's not uncommon to have to wait for 4 or more hours to even see a doctor. In fact rich people and our wonderful equivalent of congressman all have private health insurance because the state care requires so much time spent waiting. Lastly you should not underestimate the free boost Sweden got from having an intact industrial base after WW-II and the fact we weren't particularly socialist until after 1970.

If you're going to look at a nordic country look at Denmark they seem to be managing much better than we do.

Comment Re:1984 (Score 1) 1238

I can't remember the exact title but I have and it was called. "Nationalekonomi för nybörjare" if I remember somewhat correctly.

Are you telling me that the severity and frequency of economic downturns have decreased since we came off the gold standard? Crisis in the 80's, crisis in the year 2000 and a crisis in 2008.

I don't agree with current mainstream economics and I've made no claim to do so. But someone that still spouts the labor theory of value would get enormous benefits from reading even mainstream economy 101. There is no need for me to muddy the waters with my own kooky views from the get go. It's much better for me to refer to something that is mainstream.

I'm more or less an austrian.

I don't really feel like debating mainstream vs austrian economics at this time I'll let you get the last word.

Comment Re:1984 (Score 1) 1238

Yeah, I'm the one that contradicts what economists have held true for 200 years without proof. The burden of evidence lies on you. You need to explain why to people trade voluntarily without both getting a benefit.

Who hasn't benefited from capitalism in absolute terms? If you're interested in relative numbers I suggest you move to North Korea or another country with a similar amount of equality. Seriously I'm not being facetious or an asshole. If you really believe relative poverty is relevant you need to experience relative equality first hand. Because relative equality so far has only come in the guise of absolute poverty.

You're putting the cart before the horse. You still haven't showed me the exploitation but still claim it.

Oh great, the marginal theory of value. A theory which hasn't been used by anyone but marxists in about at least a hundred years. And you're calling me ignorant. I agree that it's a shame that capital moves more freely than labor due to immigration legislation but even with similar legal restrictions labor will still move less easily than capital by nature. It's much easier for you to send N amount of dollars to Ulan Bator than it is for you to move away from friends and family and shipping all your stuff to wherever you want to go.

I don't agree with some (maybe all) parts of the limited liability that a public company gets but stocks are useful and needed. Without the option to go public you severely limit the ability of companies to raise capital. Then you'd get even more inequality which is the same thing you say want to fight. Derivatives isn't a problem as such that's just getting a percentage in exchange for taking on risks. The problem is that this time around they wouldn't allow the fucking assholes on Wall Street that messed up go bankrupt.

Slavery is not some suffix you can tack to any phrase without destroying it's original meaning. You take on debt voluntarily and you can go out of debt at least individually but since our banking system (fractional reserve banking) is a bit wonky at the moment everyone can't pay their debts off because the money supply would contract. It doesn't have to be that way but we are much better off with stocks than without, with derivatives than without and with loans than without.

Comment Re:1984 (Score 1) 1238

No, no you don't. If you really had an understanding you wouldn't call capitalism predation and exploitation. You'd also need to explain away the insane amounts of wealth humanity has acquired since the 1800's. You'd need to explain why two people trade voluntarily if there is no benefit for both parties.

You would also clearly state that for wall street and bankers to behave the same way under a metal standard as they do under a fiat system would require fraud. So I conclude that you have studied the matter less than most who has such strong opinions.

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