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Comment Re:Frist pots (Score 1) 341

But it's you who sees religion where there isn't any. Why else would you call it "Calvinist"?

You should consider doing some reading, especially the writings of Max Weber -- "The Protestant Ethic and the Spirit of Capitalism".

In American history, the work ethic that places value on hard work and frugality is often ascribed to the puritans. It is by no means unique to them -- if I had brought up Asian Tiger Moms or the Jewish work ethic, someone else would have jumped on that, ignoring the rest of my argument.

But historically and culturally, the puritans were known to place a higher value on being good, hardworking people than on the ceremonies of religion. In fact, their whole idea is that being a good and useful member of society is a far better display of being "good" than going to church or confessions. In that sense, they have effectively distanced themselves from the traditional ceremonies of religion, despite the origins of the term (which is also why the new GOP has a bastardized concoction of values that admire both Jesus and capitalism).

In any event, I certainly think there is value to that worldview (hard work and frugality), your religious affiliations (or the lack thereof) notwithstanding. Perhaps I should call it the Horatio Alger work ethic, as Neal Stephensen calls it.

All right, all right. I'll stop having a beef with you.

Eh. You do realize that I am an American, right?

Comment Re:Frist pots (Score 1) 341

Dude, get that chip off your shoulder. For one, I am areligious myself, and was raised Hindu, so your comment is just silly.

I admire the Calvinistic work ethic without the religious connotation, and I am sorry you have to see religion everywhere, even when there isn't any.

User Journal

Journal Journal: This should be one of those "I told you so" moments... 2

...but I won't say it, even though I'd be justified in doing so.

I was just looking through the beta for Slashdot (which I don't like, by the way) and saw a "Hall of Fame" page. I looked at it and this was one of the most popular stories of all time. It was posted when Obama was elected the first time.

Comment Re:Frist pots (Score 1) 341

You can appreciate the work ethic without subscribing to the religious view. After all, some of the hardest working communities (e.g. Asians or Jews) appreciate the value of hard work and diligence, and have nothing to do with Calvinism in the religious sense.

Comment Re:Frist pots (Score 3, Insightful) 341

You are clubbing all the 1% into a single group. There's a study by Saez and Zucman of Berkley/LSE that talks about how clubbing the entire 1% into a single group is disingenuous -- The other wealth gapâ"the 1% vs the 0.01%.

Most of the 1% to .1% are nothing more than hardworking Americans with a Calvinistic work ethic who have been successful. It is easy to do the math and realize how a two income family can break into the 1% territory after a couple of decades of hard work and fiscally conservative habits. Socially and economically, they are nothing like the top .1%.

The surge in 1% is entirely attributable to the growth in capital of the .1% while the rest of the 1% has in fact stagnated. The "middle rich" (1% - 10%) are in fact losing ground to the top .1% (i.e. capital is flowing upward) while the 1% to .1% have merely succeeded in holding on to their wealth.

Most government policies favor the really rich and *punish* the hardworking upper middle classes. In fact, I would argue in favor of Reagan-esque tax policies for these folks, who are for the most part well educated, successful individuals in banking, law, medicine, technology, consulting and so on. These are the ones who are really building the economy, but the ones who are being punished by the government and vilified by the mass media who club them with the truly wealthy.

Imagine a successful husband and wife earning $150k/year, working in a white collar job (lawyers, doctors, consultants, IT -- take your pick). According to the IRS, making $343k/year puts you in the top 1% (by income). But what about wealth? Well, that's supposedly $8.4MM.

Some simple math will make it evident that a husband and wife earning (an average) of $171k for 40 years (assume raises and lower starter incomes are factored into the average) who save 15% of their annual income, with a starting principal of $10000 will have ~$5.4 MM at the end of their careers. Assume that they invested in a home that cost $300k early in their careers, whose value has gone up 5X in the 30 year time that they had to pay off the mortgage. Assume that they more or less maxed out their 401K, giving them $17,500.00/year for 40 years each, which is ~$1.4MM. At best, they have $8.4 MM, assuming market crashes, children's education, and life threatening diseases didn't wipe out their savings.

However, by virtue of having $8.4 MM, suddenly, these people are being placed in the *same* category as someone with enough capital to buy legislation or pay an army of Cravath lawyers. That is not factoring in any smart investing in what's been a pretty bullish run (minus the recent crisis) or basic fiscal conservatism.

Comment Re:Just one more reason (Score 1) 258

[Just one more reason] to legalize and regulate.

I can see how this kind of story would support legalization (crimes against criminals often go unaddressed), but how would it support regulating? Is theft unusually common with unregulated crops, as opposed to regulated ones?

(Ignorance plea: Heh, it occurs to me that I don't even know what crops are regulated and what isn't. Maybe agriculture is already totally micromanaged by Washington; I sure hear enough stories of corruption (e.g. subsidies) within the topic!)

Comment The mouseover is great (Score 1) 11

"I can't remember where I heard this, but someone once said that defending a position by citing free speech is sort of the ultimate concession; you're saying that the most compelling thing you can say for your position is that it's not literally illegal to express."

Comment Re:I wonder how much damage... (Score 1) 285

I've gone through this at a few places now. Besides resistance from the users ("we only know how to use Outlook!"), is migrating from Outlook to another solution ranges somewhere between unlikely to impossible. For someone like me, I only have 3 or 4 appointments scheduled, and the other few hundred are meetings I was invited to. :)

You can have the best plan, with the best business reasons, but when a senior executive tells the CEO that he can't switch, you'll frequently find that it will veto the migration.

Here's a real-world example. I was Director of IT for the company. The CEO told me specifically to get rid of Exchange, because the upgrade costs were too high. We were literally a couple weeks from switching. The Director of Sales went to the CEO and demanded that we keep Exchange, or he would walk.

Funny thing about the sales department. He didn't manage to sell anything, and he couldn't retain the customers. The accounting staff ended up doing all the customer retention. That guy cost us more money than he made. IT, on the other hand, brought costs down, and improved the customer experience.

The only thing that sales brought to us were headaches, and very pretty forward looking reports, that pretty much consisted of a graph showing our sales history, and a line going up at a 45 degree angle showing our future revenue. Every few months, he had to update the graph, so it showed our revenue losses, and had a new starting point for his upward line. I don't think he had a grasp of the concept of forecasting.

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