On Nov 2, 4:11 pm, firstname.lastname@example.org wrote:
First, what you are stumbling around with is NOT capitalism.
If you had a basic understanding of the subject you would know this.
Second, the numbers are always skewed (think about that for awhile)
thus what is, is not what it was meant to be.
The world around you, now, is the culmination of *Slothism* taken to
the highest level.
Slothism is borne in laziness, greed and stupidity.
On some levels, laziness seems efficient; "workism", inefficient.
I'm highly skeptical that you have to work 7.5 hours a day to live
comfortably. I'd wager a hand-knit 3.
...And then there's "In Praise of Idleness", by Bertrand Russell; "Hello
Laziness" by Corinne Maier; Wage Slavery; money as debt;
land/resource-waste; and sweatshops, to name a few.
BTW, don't derogate the kindly sloth. It's not making a mess of the
planet in the name of profit.
You should kick that worn out misnomer to the curb.
There are faults everywhere and most of them derive from you know
From entities that are not held accountable, thats where.
People have been trained to believe big business lobbiests bribe
politicians to disregard their oath to the benefit of business and the
derailment of the environment and people.
Nothing could be further from the truth.
Politicians and their army of aides canvas businesses big and small
and offer all kinds of incentives knowing full well the controlled
media will cover their tracks.
The programmed slaves are eager to attack the businesses yet have no
problem crowding their parking lots.
If a business causes harm to people or envirnoments they are held
accountable but when a politician does the same how is he punished?
Profit is a bad thing when YOU aren't making any.
The mantra of the perpetual failures.
How have hedge funds been held accountable? AIG? The "Big 3"? The larger
any corporation is allowed to become, the less accountable it is also
allowed to become.
The US was founded upon small businesses; it was suring the Industrial
Revolution tht monopolies formed, and the word "Capitalism" was coined to
describe their activities. Anti-monopoly regulations were not merely
designed to maintain competition; they were also intended to keep any
coporation to becoem so large, and so integral to the US economy, that it
posed a threat to both the national economy, and the national security. At
the same time, the larger an enterprise becomes, the higher becomes the
rate at which the growth of that enterprise's bureaucracy, and the slower
the growth of its actual productive functions, with the result that no
small number of corporations "cut costs" by stripping away production while
permitting admin/management (bureaucracy) to continue increasing.
Anti-monopoly regulations have been ignored, and we are now seeing the
All in all, your interpretations seem to be no more accurate than you claim
Warm Worm's to be.
And that in itself is the mantra of those who beleive that their own profit
outweighs not only the common good, but the good of the nation itself.
"Wealth is an amount, while income is a rate. They
are connected by durability. (See Herman Daly,
'Steady-state Economics') One example: cars
produced at 100 per year ( a rate) that last 5
years would finally create and maintain a fleet
of 500 cars (an amount). That same fleet could be
supported by producing only 10 cars per year that
last 50 years. As the life span of the cars
approaches zero years the cars on the road would
also approach zero. Life span, or durability,
must be considered to know the value of what we
The blur of meaning between use and consumption
has surely retarded understanding of the
importance of durability. Extended durability and
population stability (decline) will make
inheritance the main source of wealth, someday.
This kind of system would have a very high
efficiency as defined below.
Surplus labor combined with wage dependence means
that we must increase consumption, beyond just
filling real needs, to make jobs. It seems on the
TV news that the goal of the economy is to make
jobs, but the proper goal of any economy it to
increase wealth. Making the most wealth requires
making the least consumption, and that will cut
the need for labor.
We consider any unused labor to be a waste, but
when we produce too much to stay busy we are
wasting resources and pushing global warming.
Since a small part of the human workforce can
provide all the needed labor we need some way to
make unemployment acceptable, even desirable.
Maybe we should call it leisure.
We should match the labor we use to the needed
jobs, instead of matching the jobs to the maximum
available labor, as we do now. How do we match
the labor to the needed jobs? Since the labor we
have available can not be reduced, the only
answer is to not use it all. Just as a
high-powered car needs a throttle to avoid going
too fast, the economy needs a way to adjust the
amount produced to the amount really needed,
rather than producing as much as possible all the
time. One way to do that is to provide a basic
guaranteed income, which is adjusted down or up
to keep wages from rising or falling.
In a robot-run economy the total of all wages
would be zero. All income would go to the owners
of the robots and the resources they process for
us. Unearned income reflects that we are
parasites on the planet. While there is plenty of
unpaid work, and the work ethic is important;
earning a living is a delusion.
We can't begin serious conservation so long as
people are dependent on wages. Giving people a
'free ride' may be unpopular, but if dividends
are good why is welfare bad?
The best, and defining, feature of capitalism is
unearned income. We can't do or respect important
unpaid work so long as work is just about money.
By taking so much of people's time 'full'
employment competes with, and often prevents,
work in family care, stewardship activities,
education, and the leisure needed for a good
Economic efficiency should be defined as
use-value/required-consumption, but we seem to
define it as actual-consumption/possible-consumption.
The consumer economy is very efficient in its ability
to waste and pollute. Where is the adult supervision?
It seems to me that consideration of these ideas
might be important. One can find implied
solutions to 'impossible' problems in these
- Barry Brooks,
Well said Barry (and Kris)
They haven't which proves my point.
Look, nobody today can practice capitalism because of the inherent
manipulation of government.
So currently you have to deal with the mixed economy the way it is
until people get tired of getting ripped and tell the gov't to get
Even the black market is not free of government coercion.
Suffice to say, that as long as government exists capitalism will not.
The media is constantly pointing at, and lying about capitalism and
its current faults.
But it has been government coercion that has caused the economic
disaster you are now witnessing.
Interestingly, the very entity that caused the disaster is also the
one that claims it will fix said disaster, by doing more of the same.
By next summer things will be getting really interesting as the dollar
You can only pump so much (hot) air into a buck before it explodes.
Of course not everyone can be "relied on" to do business OR government.
Much of it seems to boil down to differing individual responsibility,
values, capabilities, perceptions, etc., and how it all seems to somehow
emerge from the chaos.
Cripes, I just took a look at the currency. WTF?
Perhaps steady-state economics is the answer?
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