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Comment Re:Um... (Score 1) 23

And yet, capitalism with it's incentive structure *ALSO* fails quite often to produce enough to both meet demand and save ahead for a rainy day.

When you're complaining about not producing enough, you're advocating for increased efficiencies and productivity. Sure, producing enough to cover every possible "rainy day" is not in the cards, regardless of economic system; producing as much as we can is the best we can do. If you're advocating trading production for some other goal, you're going to produce less, not more.

t brings production closer in line to demand so that they can charge higher prices per unit. But yes, I'd agree it's a waste- but it's an efficient waste, one that maximizes profit.

By employing that idled portion of the labor force, you would increase supply; but, you'd also increase demand. Profit would grow as efficiencies of scale take hold.

Comment Re:Um... (Score 1) 23

Specify 'idle'. I can guess what you mean, but the generally accepted definition I hear from most hardcore capitalist types and business owners is "doesn't put in 110% for at least 8 hours without breaks."

"Idle", as in un- or under-employed. Whether or not your example fits into this definition depends upon who is doing the valuing, I suppose; the laborer or the employer.

A laborer working at his peak 100% of the time may be perfectly efficient from the employer's perspective. But a more balanced, lower stress approach may provide more value to the laborer (and, in the long run, the employer) than such robotic efficiency.

Comment Re:Um... (Score 1) 23

In an economy where labor is in surplus, then idleing a large portion of the labor can bring prices back into line by reducing supply to be more in line with reduced demand.

In what way is idling a large portion of the labor force--wasting all those hours of potentially productive labor--efficient? That's like burning crops as they stand in their fields, or throwing coal into the sea. That's not efficiency; that's a waste.

But I say that's the mistake that the communists keep making- failing to produce when times are good to store for when times are bad.

They keep failing because their incentive structure is all messed up.

Comment Um... (Score 1) 23

Should the primary emphasis of economic engineering be maximum efficiency, or should it be maximum jobs for citizens?

I'm not sure why you think those two goals are mutually incompatible. Idle labor is pretty inefficient.

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

No, I think that concentrated wealth implements the systems and the people have almost no say whatsoever. The key- ban concentrated wealth.

They have no say... except for the vote.

Only by spending every free minute for a year and a half on it. And I rather doubt I have the big picture either- or that the big picture is even obtainable as long as PRICE stays the only truth ever advertised.

It's a shame everyone else is too stupid or too lazy to devote that kind of effort to learning the truth, huh?

My condolences. It's too bad you spent so much time coming up with exactly the wrong conclusions.

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

You've got it exactly backwards- I think people are being treated like children, and as a result, do not have the information necessary to be anything *but* stupid and ignorant. People with very high IQs fell for Bernie Maddoff- by your standards his Ponzi scheme was completely above board.

You think people are too stupid to implement a system where they aren't treated like children. But, you are smart enough to see through this. I got it.

I think if people were given more than just a single number price point to base their decisions on, they'd make different decisions.

Somehow you were able to obtain more information, right? So, the rest of the people are simply too stupid to figure out what you have, right?

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

I get it. You don't have to try to justify yourself.

You think the people are stupid and ignorant, have been lied to and are too dumb to see it, and should be treated like children.

But you, on the other hand, are wise enough to have seen through these lies, and are the one to tell other people what to think and how to act, by virtue of your superior intellect.

Somehow, you manage to believe these things and still maintain that you respect the "will of the people"; the people too dumb to think or act for themselves.

All that, and you don't understand what the word "volunteer" means.

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

All of which are skewed by advertising and marketing- the lies. Until you remove the lies from the system, these things cannot be considered even remotely accurate.

Yes, I understand that you believe the people are too stupid to see through the "lies". You, on the other hand, are so much smarter and more perceptive than them.

Your condescension oozes from every post.

#1- the behavior is hidden, MOST people don't know that it is going on at all, so it's not a factor in their decision making. #2- after the behavior is done, they have no other choice- it's the oligarchy or nothing, there is no other source.

Not only are the people too stupid to see they are being lied to; they are ignorant too. Is there any insult you won't heap upon the people whose will you respect?

No, because they used illegal and immoral business practices to make sure everybody else was out of business.

Yet another example of something the people were too ignorant and stupid to see, huh? It's a good thing you are so much wiser, and can tell them what to do.

No, ignorance they are not allowed to overcome- because the same oligarchies that own the big box stores, own the media.

I know, it takes someone as smart and wise as yourself to see through it. The rest of the stupid, ignorant masses need your help to run their lives. I get it.

Rather I don't respect either the media or the advertising industry.

Or the people. I get it.

ah, yes, the cry of every rapist out there "the victim made me do it".

Not only are the people stupid and ignorant; they're comparable to rape victims? Could you possibly think any less of them?

No, they simply don't have the sources available that aren't owned by the very same oligarchies that are lying to them.

But somehow you do, right? It's too bad everyone other than you is so ignorant and stupid.

Only because the advertisers are allowed to exist.

Yeah! The "will of the people" is that advertisers exist, so it must be bad.

They're not getting any money for their time- so who is paying their room and board?

You've never volunteered for anything before? Did you starve to death?

Do you understand the concept of "volunteering"?

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

How do you know that will does not mirror my own when your side keeps lying to everybody?

Vote counts. Poll results. Consumer habits. etc.

Nope, they just used a combination of land-use laws, low-quality products, and not paying overtime to lower costs and outcompete everybody else, right? After all, it doesn't have to be a level playing field, as long as the biggest cheat wins you're fine with that.

And if people didn't like that behavior, they wouldn't shop there.

Hard to afford to after Wal-Mart first closed down all the factories and threw everybody out of work.

And why was Wal-Mart able to exercise such control... Because everyone shops there.

Not intelligence- ignorance based on the lies told by the market.

Ignorance the people are too stupid or lazy to overcome, right? It's still contempt for something you profess to respect.

And if you factored in a tax for lost jobs, they wouldn't be purchased either. But it's fine to cheat and socialize the costs, right, just as long as the stockholders make maximum profit?

Don't blame me. Blame the people patronizing those businesses. They're the ones responsible.

Because that half isn't making a *fully informed* decision, and the other half is lying.

And those ignorant people are too stupid to see they're being lied to, right?

Because I don't believe people want cheap crap- I think they're being lied to.

And there you go. You finally admit that you know what the people want, better than they do themselves.

Yes I do- otherwise nobody would be able to work for a campaign because they'd starve.

You should tell that to the tens of thousands of volunteers that make up the overwhelming majority of both major parties' campaigns. They would probably be troubled to learn that they have starved to death.

Comment Re:Along The Mississippi? (Score 1) 1053

They have Chipotle and Culver's on every street corner instead. We all know that burritos the size of your head, and "double butter burgers" are staples of a healthy diet.

You mean Double Butter Burgers aren't healthy? Next thing you'll tell me is that the fried cheese curds and custard aren't healthy either.

I guess I'll have to switch to the onion rings; they're a vegetable.

Shit, now I've got to go to Culver's (best thing to come out of WI since Leinenkugel's).

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

Or at least protected from the Advertising Industry.

Please stop pretending you care about the "will of the people", when that will does not mirror your own.

And what was that demand, exactly? Was it "Please throw all my relatives out of work so that I may have lower prices"? Because that's what they did.

Evidently. I don't think anyone ever made people shop at Wal-Mart at gunpoint.

And, before you start with the whole, "Wal-Mart drove all the mom-and-pop shops out of business" angle... The consumers drove those mom-and-pops out of business by not shopping there.

Most people still haven't made the connection.

Once again you demonstrate the sheer contempt you hold for the intelligence of the people, whose will you claim to respect.

The backlash didn't happen because there are groups actively attempting to hide this information.

They didn't hide it very well if you know about it.

Why would they? The profit margin is much slimmer- it would harm their profits to do so. How much better to provide a slightly cheaper, lower quality good that breaks easily and needs to be replaced three times a year- than to provide a more expensive, higher quality good that the people actually want but you only sell one of to each customer in 20 years. The profit margin is clearly on the side of the cheap goods- but that only works if you have an oligarchy and can keep the higher quality domestic goods off the retailer's shelves. You do this by giving them a 20% markup instead of a 10% markup- which is easy to do when your manufacturing costs are 3% of what they were previously.

Again, it's the people who buy those imported goods which create the market. If no one bought them, they wouldn't be sold.

Why do you ignore half of the equation?

I think that such a market is not as lucrative as selling crap- and that creating such a market would harm selling crap so much that there is active collusion among manufacturers and retailers to NOT hire Americans.

The reason it's not as lucrative: People want cheap crap. If they didn't, it wouldn't sell. Why are you so mad a businesses for meeting the demand?

Which is the central problem- you need to get on all 50 statewide ballots, which costs a huge amount of money. Nobody today can do it without selling out to the corporations- therefore somebody who wants to vote against the corporations, can't.

It doesn't cost any money. You just need some volunteers collecting signatures. You don't think they pay all the people that get the Republicans and Democrats on the ballot, do you?

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

I hope one day people will be informed enough to make their own choices and not be taken in by liars and cheats.

Until you decide that the people are informed enough, of course, you don't want them making their own decisions. I see.

Then why did WalMart go to Vlassic Pickles and tell them "unless you move production overseas, we're taking you off our shelves"? That happened over and over and over in the past 20 years- DIRECT corporation destruction of US Manufacturing, with NO domestic option for consumers available.

Here's a shocker: Wal-Mart was responding to consumer demand. If the people agreed with you, the backlash to this off-shoring would have been signal enough to Wal-Mart and Vlassic. That this backlash didn't happen is compelling evidence of the "will of the people".

You don't think Wal-Mart would make a decision which would hurt their profitability, do you?

No shortage of customers if I sell it right- but a great shortage of capital because no *corporation* is interested in building a domestic factory to make quality products. The retailers also won't carry the product.

Wow, that's not even wrong. If there was such pent up demand for domestically manufactured products--as you assert must be the case--retailers, investors, and manufacturers would be tripping over themselves to provide it.

Do you really think they would leave such a lucrative market untapped?

But not a national ballot.

You are aware that in the US, there is no such thing as a "national ballot", right? Statewide ballots are the biggest there is.

Do you even know what you're talking about?

If it is so easy, how come we don't have a third party President?

Um... Because people don't vote for the third party candidates in large enough numbers to win.

Why? Don't you have third party candidates on your ballots?

I couldn't find anybody to vote for last election, so I sold my vote to Chuck Baldwin.

Oh, you do. I guess you really didn't have any kind of point there, did you?

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

September 2008 proved that quite adequately- that the market itself hides too much information for people to protect themselves from the corporations.

No, I'm saying that's a ridiculous viewpoint- the people were not informed of the full cost by the corporations before acting.

See above- it wasn't a fully informed decision.

So, the answer is "yes", you do think people are too stupid to make their own decisions. That raises the question as to why you go on so much about the "will of the people".

They aren't given the choice, because the domestic products are removed from the market.

Nope. Domestically produced products were only "removed" from the market when no one was buying them.

If you really believe that the people want domestically made products, why don't you make some? If you're correct, you should have no shortage of customers, right?

Once again- because it wasn't a fully informed decision. Nobody said the truth- that cheap imports would mean no US Factories, thus no jobs, and no money to buy those cheap imports with.

Yes, I understand: You believe people are too stupid to see the consequences of their actions without you to tell them, right?

And a minimum $500,000 campaign chest, paid for by the corporations.

Nope, sorry. All you need are signatures. You could probably collect them in a couple of weekends yourself to get on any sub-statewide ballot. All you need is a couple bucks for copies.

Unless you don't have the campaign funds to pay for those signatures.

Do you even know how you get signatures for ballot access? Your answers here seem to indicate that you don't. Maybe you should do some research and discover just how easy it is.

Bought and paid for isn't opinion.

Oh, who paid you for your vote last election?

Comment Re:What the Austrian school misses (Score 1) 48

The "distortion" in the market is people buying and selling stock as if it's a real thing, instead of a convenient proxy for the company that issues it. This has to be completely beaten out of the market, and if making it illiquid is what it takes for people to actually pay attention to the companies they invest in, rather than the market being a legal casino, what's wrong with that? It would avoid crap like people buying GM when everyone knew they were circling the drain, in the speculative hope that some greater fool would come along.

We agree upon the problem. It's your "solution" I disagree with.

If you want people to start treating stock less as a commodity to be traded, and more as a fraction of a corporation, we need to reform corporate governance in our country. Right now, people treat stock as very loosely connected to the underlying corporation, because it is loosely connected. Stockholders have very little power, relative to the management or board of directors.

If we restructure the way corporations are run, giving stockholders more power and control, you'll see people begin to treat stock itself as an instrument of such.

Your "solution" only addresses the symptoms, not the underlying problem.

What a lying piece of bullshit! WHERE have I said that I want to "implement the same strategy to stocks?"

You want to ban trading of stocks outside of specified windows, and would be willing to resort to excessive punishments for those who violate your rules.

Let's see: Ban something that people want to do? Check. Implement draconian punishments for those caught violating the ban? Check. How is this not the same strategy used in the current prohibition on drugs?

Your solution would make criminals out of normal, law-abiding, middle-class people who need to liquidate their stock quickly. You would force them to turn to some sort of organized crime. You would lock them up for years if you caught them selling their stock early, even if they were just doing it to pay grandma's nursing home bills.

Regulate both adequately, TAX both adequately, and you'll see better results.

See, I agree. But, your proposal is too onerous a regulation. Like I said earlier, if you regulate something to such an extent that it is more profitable to go underground, that's what will happen. You'll lose all control. This proposal is that kind of regulation.

So you agree that, to control them, drugs should be regulated instead of the current war on drugs?

Yes. But, remember my Oxycontin example. There's a drug that is not banned, but is regulated. Still, there is a sizable black market for it. That's a sign that the regulations upon it are too restrictive; you've lost control. I'm saying that this type of stock regulation is also too restrictive.

However, WRT business, the regulatory environment can impose restrictions that make it better not to flout the law. Jail sentences for polluters, for example. Or as they did in China, death for the people behind the tainted milk. Sure, it's still more profitable to produce tainted milk, but somehow I think people won't be looking solely at making a few bucks when they have real skin in the game.

You underestimate people's willingness to risk punishment to make money. Just look at all the drug dealers doing 20+ years in prison today.

Learn from history. We currently regulate booze. Prohibition created a huge black market, not regulation.

Bingo. That's because our current regulation of alcohol is not so restrictive as to create such a black market.

And the same goes for stocks - minimum hold periods, no shorting, etc. Get people to pay more attention to the company issuing it than to the daily fluctuations / fucktuations. The biggest losers would be the companies handling the trades, since their trade volume (and commissions) would drop by 95%. Boo hoo, cry me a fucking river.

The biggest losers would be individual investors who don't know anyone in the newly-created underground stock market.

Like I said, I agree with the goal, just not the method. If you want people to treat stock as something with some intrinsic value, we should give stocks some intrinsic value (by increasing stockholder power over corporate governance). Your proposal simply doesn't do that.

Comment Re:I believe it is a perfectly reasonable position (Score 1) 58

No, I want the will of the people when it protects the people.

Oh, so the people are too stupid to protect themselves?

Yeah, right, the people want to be fired and have their jobs sent over seas and see their towns die in return for cheap, low quality imports that have a total cost of ownership twice as much.

Let me get this straight, to make sure I'm understanding you correctly. The people--not the corporations, not the government, just the people--decided to purchase cheap imports. Why do you not respect their decision?

You realize that it doesn't matter what kind of free-trade policies our government pursues, or how much outsourcing corporations do, if the American people decided to shun imports, there wouldn't be any, right?

Again I ask, why are you so quick to overturn the "will of the people" when they reach a conclusion you disagree with?

They dictate who can get on the ballot. In other words, a corporation created the voting booth.

The people I'd vote for, never get on the ballot, which is controlled by Wall Street.

Do you know what it takes to get on the ballot? Just the support of a certain number of the people. You just need to get signatures. If they're not on the ballot, it's because the people didn't want them there.

Again, why do you only selectively value the "will of the people"?

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