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Comment Re:Limited Options (Score 1) 425

Communism doesn't even work at a village level. It breaks down as soon as it reaches the limit of a resource, and all resources are limited. Someone has to allocate that resource. Under capitalism, the most productive user would, ie, the user that creates the most value, would be able to pay more for their need than less productive users. Thus you have a system that produces the most wealth possible with the resources available to the village. Under communism, the user with the most political clout would get decide who uses the resources regardless of productivity. Thus you have a less productive, less wealthy and more slowly advancing society. And that's before the inevitable corruption of the communist committee. And it gets even worse when the common ownership of the resource inevitably leads to the Tragedy of the commons..

Communism is a bad system and cannot succeed at any level. It isn't even internally consistent.

Comment Re:Limited Options (Score 1) 425

How do they cheat? If you claim that they are getting the tickets from the venue, then there must be some procedure in the agreement between the venue and the Ticketmaster that allows this diversion of tickets to employees. That's not cheating, it's built into the rules of the game and neither the band, venue nor Ticketmaster are losing anything. Or do you imagine that security is so lax that the scalpers are stealing tickets? That's a whole different problem.

But nobody seems to be addressing the real issue here: Just exactly who are scalpers harming? The band gets paid the amount they contracted for, as do the venue and Ticketmaster. It's the scalpers take the risk and end up eating unsold tickets. The consumers who buy their tickets from the scalpers are not forced to spend any more money than they are willing to spend for that show. They may piss and moan, but it is they who decide how much their tickets will cost, no one else. That's pretty much the definition of an open market. In stock markets, scalpers are called market makers.

A more perfect method for selling tickets would be for the band to auction off the seats, either individually or in small blocks, on eBay. That way everyone would be able to get as good a ticket as they are willing to pay for and all the money goes directly to the band. Short of that, having scalpers making the ticket market is the best system for consumers and bands - the middleman, Ticketmaster, only loses opportunity because they collect every cent of the price they set.

And here's another rule that NBA teams have figured out but not musicians - if you sell out a show, you aren't charging enough for the tickets.

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Prince Says Internet Is Over Screenshot-sm 450

the_arrow writes "According to the artist currently known as Prince, 'The internet's completely over.' At least that what he says in an interview with the British newspaper Mirror. Quoting Prince: 'The internet's like MTV. At one time MTV was hip and suddenly it became outdated. Anyway, all these computers and digital gadgets are no good. They just fill your head with numbers and that can't be good for you.'"

Submission + - The myth of how the Great Depression was resolved (washingtonexaminer.com)

cmarkn writes: The widespread belief is that government intervention is the key to getting the country out of a serious economic downturn. The example often cited is President Franklin D. Roosevelt's intervention, after the stock market crash of 1929 was followed by the Great Depression of the 1930s, with its massive and long-lasting unemployment.

This is more than just a question about history. Right here and right now there is a widespread belief that the unregulated market is what got us into our present economic predicament, and that the government must "do something" to get the economy moving again. FDR's intervention in the 1930s has often been cited by those who think this way.

Intel

Submission + - Intel and FTC Consider Antitrust Settlement (hothardware.com)

MojoKid writes: "Back in December of last year, the FTC filed an antitrust lawsuit against Intel, alleging that the CPU giant had abused its market position and limited sales of competitive products from the likes of AMD and NVIDIA. We've heard very little about the case since then, but the company and FTC have just jointly filed a request to suspend litigation proceedings until July 22 in order to evaluate a proposed deal. No details have been made public regarding the proposed resolution and both Intel and AMD have refused to discuss the arrangement. If Intel and the FTC reach a settlement, it will mean the CPU giant is one step closer to clearing its docket of pending antitrust accusations. Thus far, the company has avoided admitting wrongdoing. AMD settled its antitrust lawsuit against Intel last November for $1.25 billion in cash, while the European Commission fined it $1.45 billion in May 2009 for engaging in anti-competitive activities."

Submission + - 7th Graders Find Large Cave on Mars (cnet.com)

EMB Numbers writes: Cnet news http://news.cnet.com/8301-17938_105-20008507-1.html?part=rss&subj=news&tag=2547-1_3-0-20 reports that "the science class from Evergreen Middle School in Cottonwood, Calif. found the opening while working on a research project with the Mars Space Flight Facility run out of Arizona State University in Tempe." "The students examined more than 200 images of Mars taken with the Thermal Emission Imaging System (Themis), an instrument on NASA's Mars Odyssey orbiter."

The only other similar opening near the volcano was found in 2007, when Glen Cushing, a scientist with the U.S. Geological Survey, published a research paper on the surface anomalies.

The opening is estimated to be 620 feet by 520 feet and the hole to be at least 380 feet deep.

Microsoft

Submission + - Bill Gates Doesn't Work at Microsoft Anymore (itworld.com)

itwbennett writes: The recent Fortune article on Bill Gates' post-Microsoft life made one thing very clear to blogger Steven Vaughan-Nichols: 'Bill Gates was, and still is, the face of Microsoft. What Microsoft doesn't want you to know though is that Gates has almost nothing to do with the company anymore.' The fact is that Microsoft doesn't want to draw attention to Gates' absence because the company 'has been tanking in recent years,' says Vaughan-Nichols. 'While Microsoft's last quarter was far better than it was a year ago, thanks largely to Windows 7 finally picking up steam, neither Microsoft's growth nor its profits are what they were like when Gates was at the helm.'

Submission + - Radar Reveals Ancient Egyptian City (heritage-key.com)

Darkman, Walkin Dude writes: A team of Austrian Archaeologists have uncovered the ruins of the ancient city of Avaris, the summer capital of the Hyksos in the 16th century BC. The excavation team found this area using a combination of magnetometry and resistivity surveys. Several architectural features including houses, temples, streets, cemeteries and palaces can be seen. The team has also been able to make out the arrangement of neighborhoods and living quarters.

Dr. Irene Forstner-Muller, Director of the mission said that approximately 2.6 square kilometers have been investigated using a combination of geophysical survey and excavation. (..) She explained that the aim of the magnetometric and resistivity surveys were to define the borders of ancient Avaris. The team has succeeded in identifying a collection of houses and a possible harbor area. A series of pits of different sizes are also visible but their function has not yet been determined.

Crime

Geologists Might Be Charged For Not Predicting Quake 375

mmmscience writes "In 2009, a series of small earthquakes shook the region of L'Aquila, Italy. Seismologists investigated the tremors, but concluded that there was no direct indication of a big quake on the horizon. Less than a month later, a magnitude 6.3 earthquake killed more than 300 people. Now, the chief prosecutor of L'Aquila is looking to charge the scientists with gross negligent manslaughter for not predicting the quake."
It's funny.  Laugh.

Newsweek Easter Egg Reports Zombie Invasion 93

danielkennedy74 writes "Newsweek.com becomes the latest in a long list of sites that will reveal an Easter egg if you enter the Konami code correctly (up, up, down, down, left, right, left, right, b, a, enter). This is a cheat code that appeared in many of Konami's video games, starting around 1986 — my favorite places to use it were Contra and Life Force, 30 lives FTW. The Easter egg was probably included by a developer unbeknownst to the Newsweek powers that be. It's reminiscent of an incident that happened at ESPN last year, involving unicorns."
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Publishing Company Puts Warning Label on Constitution Screenshot-sm 676

Wilder Publication is under fire for putting warning labels on copies of historical US documents, including the Constitution. The label warns "This book is a product of its time and does not reflect the same values as it would if it were written today." From the article: "The disclaimer goes on to tell parents that they 'might wish to discuss with their children how views on race, gender, sexuality, ethnicity, and interpersonal relations have changed since this book was written before allowing them to read this classic work.'"

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