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Comment Re:Pathetic (Score 1) 683

All of these comparisons are ridiculous.

There were 80 - 100 protesters and you want to compare that to Kristallnacht and the French Revolution?

The closest that you could compare them to is Westboro Baptist Church - a small number of people that make the news because their cause is weird and while on one hand you understand where they're coming from, they are also spectacularly wrong.

Comment Re:Wait so now (Score 1) 692

In the 1970's that was (generally) one persons income, in 2012 that's two people's income. In terms of physical goods I think we compare quite favorably, but factoring in things like housing, energy and food? Not so much.

That means you have double the workforce competing for the same jobs. Except even that's not accurate enough. There's 50% more population, so even more than double the work force and low skill jobs are disappearing due to technological advances and outsourcing.

If you suddenly dumped 100 million people into the workforce in 1975, the society would collapse. So the fact that the economy in 2014 can support such numbers means we are better off than in 1975

Comment Re:Welcome to the stock market (Score 1) 356

Very little, maybe none. The stock was not bought from the shareholders. The company had to emit new stock, meaning the value of the existing stock went down. Pretty drastically. So the owners of GM were hurt by the "bailout".

That might sound like a great way to punish the people who own the company who messed up - until you look at who the people are. In 2008 the greatest shareholders were the US and Canadian governments. The second greatest were the GM employees. The rich people are not stupid, they got rid of the stock before everything went down the drain.

Comment Re:Welcome to the stock market (Score 4, Informative) 356

You are wrong.

a) As a "bailout", the fed took ownership of the company through stock. How shall GM pay their owners? From what? Shall they take a loan to pay them? From whom? Should they only pay the fed or the other owners as well?

b) If the company had tanked, its assets would be liquidated and payed out to the creditors. Not the owners, you see, because they are the ones who failed. They are left with nothing when the company fails

Comment Re:It's a Big Universe (Score 1) 110

We had the technology to detect planets for at least 80 years yet the first efforts started just 30 years ago. You know why? Because our star system model predicted that there are no planets that meet the condition to be detected by us (big, close to the star).

A model based on a sample of one system.

After people discovered a whole bunch of such planets, I thought that people would realize that they should not judge the universe based on just our solar system, but here it is all over again.

Comment Re:Sharing not good for a debt-based economy (Score 1) 192

So according to your little theory, we should be having lower living standards than we had in the year 1950. Somehow you'd be hard-pressed to find an indicator that would support that claim. Real income, life expectancy, literacy, access to sewage and electricity, child mortality, number of cars per capita, % of people above poverty line etc. All are higher now than in 1950 . Unemployment is probably the only indicator you could point to (7,6% as opposed to 5.3%) but general well-being - not by a mile!

Comment Re:Race to the Bottom (Score 1) 192

Nothing is being created.

But something is being used up. My car will break after 150 000 miles. If I ride it alone, it will take 10 years. If I share it/rent it out, it will happen in 4 years and I will have to get a new one sooner. Same goes for the furnishings and the paint in the room I share, the lawnmower, the sander and everything else that's being shared through these services.

Comment Re:One thing is for certain... (Score 1) 352

Of course next you'll let us know how this is a political problem not a technical one, as if that makes any difference

Of course it does make a difference. 50 years ago, nobody thought we could produce enough food for double the world population without causing an ecological catastrophe like chopping down all the forests. Don't try to pretend that this 'technical' aspect is something you can just wave off as insignificant.

Comment Re:Where were you uncaring monsters (Score 1) 736

Buggy whip manufactury closed I would tell the workers - go work for Ford or GE or whoever, Underwood workers could go work for Olivetti, or in retail

Where are the current low skilled workers supposed to go? The time is coming where any job that does not need empathy or creativity can be done by a machine.

Now nobody here or in TFA is 'holding back progress' - so your pleading to stop doing it is going to fall on deaf ears.

But should we pretend there is no problem at all?

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