For those who are interested in the future long term financial
apocalypse of the USA
For those who are interested in the future long term financial apocalypse of the USA, I recommend reading “The Mandibles: A Family, 2029-2047” by Lionel
Shriver:
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/
For those who do not like Lionel Shriver, I recommend “Distraction" by Bruce
Sterling:
https://www.amazon.com/Distraction-Bruce-Sterling/dp/1857989287/
For those who just want a short term financial apocalypse of the USA, I recommend “Buck Out” by Ken Benton:
https://www.amazon.com/gp/product/1514666979/
Lynn
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I
wait until I am 67 to start taking SS, they will give me $4,000/month.
That is an amazing number. I am wondering that they are going to send a
hit man instead, much cheaper.
For those of us who are interested, but not ready to pick up a book, what
do you think will happen?
On 5/10/2024 4:10 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
For those of us who are interested, but not ready to pick up a book, what >>> do you think will happen?
I highly recommend the film Americathon, with John Ritter, for those who
are interested in a great view of a Federal financial apocalypse.
"I ain't a bad guy. I just want my fifteen billion dollars back. I gotta >> eat too, you know?"
-- the man owning the Federal Debt
--scott
I have never even heard of this movie. There is a trailer.
https://www.youtube.com/watch?v=jyD4y_HkZwY
It looks like a present day version of Idiocracy.
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I wait until I am 67 to start taking SS, they will give me $4,000/month. That is an amazing number. I am wondering that they are going to send a hit man instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion / year each in 2030. That is an incredible amount of money.
Lynn
On 5/10/2024 3:21 PM, D wrote:
On Fri, 10 May 2024, Lynn McGuire wrote:
For those who are interested in the future long term financial apocalypse >>> of the USA, I recommend reading “The Mandibles: A Family, 2029-2047” by >>> Lionel Shriver:
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/
For those who do not like Lionel Shriver, I recommend “Distraction" by >>> Bruce Sterling:
https://www.amazon.com/Distraction-Bruce-Sterling/dp/1857989287/
For those who just want a short term financial apocalypse of the USA, I
recommend “Buck Out” by Ken Benton:
https://www.amazon.com/gp/product/1514666979/
Lynn
For those of us who are interested, but not ready to pick up a book, what
do you think will happen?
At some point, the USA Treasury will try to sell tbills to finance the USA debt but, there will be no buyers. The Fed will buy the tbills but at some point this will become absurd. At that point, questions will arise about the actual value of the USA Dollar. Especially when those Dollars start flooding back into the USA. I do not know how many Dollars are outside the USA but it is a significant amount.
Lynn
D <nospam@example.net> wrote:
For those of us who are interested, but not ready to pick up a book, what
do you think will happen?
I highly recommend the film Americathon, with John Ritter, for those who
are interested in a great view of a Federal financial apocalypse.
"I ain't a bad guy. I just want my fifteen billion dollars back. I gotta eat too, you know?"
-- the man owning the Federal Debt
--scott
I have never even heard of this movie. There is a trailer.
https://www.youtube.com/watch?v=jyD4y_HkZwY
It looks like a present day version of Idiocracy.
On Fri, 10 May 2024, Lynn McGuire wrote:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I wait >> until I am 67 to start taking SS, they will give me $4,000/month. That is an
amazing number. I am wondering that they are going to send a hit man
instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion / year >> each in 2030. That is an incredible amount of money.
Lynn
Amazing! My local SS-organization (pun intended) expect me to work until
I'm 71! Hmm, or maybe it was 72, can't honestly say that I remember, and I >have absolutely no intention of following their guide lines. I do feel
sorry for the generation after me, they will be the ones locked into life >long slavery to the state.
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I
wait until I am 67 to start taking SS, they will give me $4,000/month.
That is an amazing number. I am wondering that they are going to send a
hit man instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion /
year each in 2030. That is an incredible amount of money.
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I
wait until I am 67 to start taking SS, they will give me $4,000/month. >>That is an amazing number. I am wondering that they are going to send a >>hit man instead, much cheaper.
Talk to congress, they've had plenty of warnings and decades to
alleviate the problem, but the fucking unelected grover norquist
has screwed us all.
Corporations, who benefit from stable employees, should be
contributing to SS. They should (as per Warren Buffet)
be paying their fair share, rather than leaching off the
American public.
On 5/10/2024 4:10 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
For those of us who are interested, but not ready to pick up a book, what >>> do you think will happen?
I highly recommend the film Americathon, with John Ritter, for those who
are interested in a great view of a Federal financial apocalypse.
"I ain't a bad guy. I just want my fifteen billion dollars back. I gotta >> eat too, you know?"
-- the man owning the Federal Debt
--scott
I have never even heard of this movie. There is a trailer.
https://www.youtube.com/watch?v=jyD4y_HkZwY
It looks like a present day version of Idiocracy.
On 5/10/2024 6:14 PM, William Hyde wrote:
Lynn McGuire wrote:
For those who are interested in the future long term financial
apocalypse of the USA, I recommend reading The Mandibles: A Family,
2029-2047 by Lionel Shriver:
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/
For those who do not like Lionel Shriver, I recommend Distraction" by
Bruce Sterling:
https://www.amazon.com/Distraction-Bruce-Sterling/dp/1857989287/
For those who just want a short term financial apocalypse of the USA,
I recommend Buck Out by Ken Benton:
https://www.amazon.com/gp/product/1514666979/
While for a look at the real financial disasters of the past few
decades, as opposed to the imagined, I recommend some books by Micheal
Lewis
"Liar's Poker" - about his brief career as a bond trader (far more
customer-hostile than stock trading) and also the beginnings of two
ideas that didn't need to be disasters but were, junk bonds and mortgage
backed securities. You will learn why "Equities in Dallas" is an insult.
"The Big Short" - about the unscrupulous, foolish, and criminal who
caused the 2009 crisis, and those who saw it coming and profited by it,
as well as those who saw it coming and still managed to lose money. Your
money, if you are an American taxpayer.
Also why the bond rating agencies are staffed by people you wouldn't
want anywhere near your money.
"Flash boys" How the American markets were restructured to make the
process even more skewed to big money, to enable what can only be called
stealing. And about those who opposed this.
Two other books:
"A random walk down wall street" by Burton Malkiel.
If time travel ever takes you to the 60s, don't invest in anything that
ends in "tronics" unless your future knowledge tells you that this one
did well. Malkiel explains why. From the person who came up with the
idea of index funds.
"Bull" by Maggie Mahar. While I don't endorse "Dow Theory", this book
slaughters a number of sacred cows, and points out how the financial
press got almost everything about the 1990s boom wrong, and tells us
what really happened to some oft-derided characters who did (if time
travel takes you to that era, consider investing in anyone Jim Cramer
dismisses).
William Hyde
I saw The Big Short movie. Pretty good.
On Sat, 11 May 2024 10:54:55 +0200, D <nospam@example.net> wrote:
On Fri, 10 May 2024, Lynn McGuire wrote:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I wait >>> until I am 67 to start taking SS, they will give me $4,000/month. That is an
amazing number. I am wondering that they are going to send a hit man
instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion / year >>> each in 2030. That is an incredible amount of money.
Lynn
Amazing! My local SS-organization (pun intended) expect me to work until
I'm 71! Hmm, or maybe it was 72, can't honestly say that I remember, and I >> have absolutely no intention of following their guide lines. I do feel
sorry for the generation after me, they will be the ones locked into life
long slavery to the state.
You do realize that, when Social Security started, the average life expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
Increased longevity is one of the reasons for the problem.
For those who are interested in the future long term financial
apocalypse of the USA,
On Fri, 10 May 2024 13:17:42 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
For those who are interested in the future long term financial
apocalypse of the USA,
And here I was thinking this would be an off-topic post, about
non-fiction works explaining why such an apocalypse was inevitable.
Indeed, this is a scenario for many possible stories. The Mad Max
movies come to mind.
Myself, I wish that economics were more of a science, and less of a
way to apologize for ideologies, so that we could find books correctly
and accurately explaining how to avert said apocalypse.
Techniques exist. Hitler got Germany to build vast amounts of
armaments despite the Great Depression. Russia is able to build
weapons for the war on Ukraine despite crippling sanctions.
It is entirely possible to make a country as prosperous as the
"fundamentals" allow, instead of surrendering control to the stock
market and foreign exchange markets. And, not only that, given the
fact that the Allies were able to respond to Hitler and win World War
II, after FDR's New Deal was largely ineffective (so I've heard it
claimed) in ending the depression... it seems to me that our
politicians know this perfectly well, and know exactly how to do it,
but they just prefer to have millions unemployed. Even the Democrats,
even if the Republicans would like a few more unemployed and are more
willing to revel in it.
On Fri, 10 May 2024 21:02:21 GMT, scott@slp53.sl.home (Scott Lurndal)
wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial=20
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I=20 >>>wait until I am 67 to start taking SS, they will give me $4,000/month.=20 >>>That is an amazing number. I am wondering that they are going to send = >a=20
hit man instead, much cheaper.
Talk to congress, they've had plenty of warnings and decades to
alleviate the problem, but the fucking unelected grover norquist
has screwed us all.
Corporations, who benefit from stable employees, should be
contributing to SS. They should (as per Warren Buffet)
be paying their fair share, rather than leaching off the
American public.
As others have pointed, they are.
On Sat, 11 May 2024, Paul S Person wrote:
On Sat, 11 May 2024 10:54:55 +0200, D <nospam@example.net> wrote:
On Fri, 10 May 2024, Lynn McGuire wrote:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I wait >>>> until I am 67 to start taking SS, they will give me $4,000/month. That is an
amazing number. I am wondering that they are going to send a hit man
instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion / year
each in 2030. That is an incredible amount of money.
Lynn
Amazing! My local SS-organization (pun intended) expect me to work until >>> I'm 71! Hmm, or maybe it was 72, can't honestly say that I remember, and I >>> have absolutely no intention of following their guide lines. I do feel
sorry for the generation after me, they will be the ones locked into life >>> long slavery to the state.
You do realize that, when Social Security started, the average life
expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
Increased longevity is one of the reasons for the problem.
I have no idea about SS since I'm not american. But from the perspective
of my country, when it was started the taxes were lower, pensions better,
and you could walk the streets without getting shot.
Today the taxes are doubled, the pension age increases every year, and you >risk getting shot to death on the street.
D <nospam@example.net> writes:
On Sat, 11 May 2024, Paul S Person wrote:
On Sat, 11 May 2024 10:54:55 +0200, D <nospam@example.net> wrote:
On Fri, 10 May 2024, Lynn McGuire wrote:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I wait
until I am 67 to start taking SS, they will give me $4,000/month. That is an
amazing number. I am wondering that they are going to send a hit man >>>>> instead, much cheaper.
Supposedly Social Security and Medicare are going to hit $2 trillion / year
each in 2030. That is an incredible amount of money.
Lynn
Amazing! My local SS-organization (pun intended) expect me to work until >>>> I'm 71! Hmm, or maybe it was 72, can't honestly say that I remember, and I >>>> have absolutely no intention of following their guide lines. I do feel >>>> sorry for the generation after me, they will be the ones locked into life >>>> long slavery to the state.
You do realize that, when Social Security started, the average life
expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
Increased longevity is one of the reasons for the problem.
I have no idea about SS since I'm not american. But from the perspective
of my country, when it was started the taxes were lower, pensions better,
and you could walk the streets without getting shot.
Today the taxes are doubled, the pension age increases every year, and you >> risk getting shot to death on the street.
Today, in the USA, income taxes are as low as they've been since, well, perhaps before WW2. The decreases in revenue due to tax cuts
began in 1981 and were seriously cut in 2016, leading in a large
part to the current deficits.
The pension age hasn't increased but once (from 65 to 67) since
the social security system was created.
The hyperbole about getting shot is so ridiculous that it's not
even worth responding.
The hyperbole about working until 71 is just that. One is eligable
to draw SS at 62, albeit since one'd be drawing longer, the amount
is less than it would be at full retirement (67) age. If you are
able to wait longer to start SS, the monthly payment increases each
year you wait, up until 72 when you must start taking it (and start
taking RMDs if you have deferred income accounts).
If the social security fund had been invested, rather than being
used to cover tax cuts and overspending, it would be sufficient to
support future retirements without any modifications.
The disappearance of private pensions by corporations starting
in the late 1980s, also has put pressure on the social security
system - a freebee for the corporations - push retirement costs
completely on the government, leading to more and more arcane
mechanisms to enrich wallstreet (401k, IRA, Roth IRA, etc)
without necessarily providing sure income to the recipients.
On Sat, 11 May 2024 12:29:44 -0600, John Savard <quadibloc@servername.invalid> wrote:
On Fri, 10 May 2024 13:17:42 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
For those who are interested in the future long term financial
apocalypse of the USA,
And here I was thinking this would be an off-topic post, about
non-fiction works explaining why such an apocalypse was inevitable.
Indeed, this is a scenario for many possible stories. The Mad Max
movies come to mind.
Myself, I wish that economics were more of a science, and less of a
way to apologize for ideologies, so that we could find books correctly
and accurately explaining how to avert said apocalypse.
Techniques exist. Hitler got Germany to build vast amounts of
armaments despite the Great Depression. Russia is able to build
weapons for the war on Ukraine despite crippling sanctions.
It is entirely possible to make a country as prosperous as the
"fundamentals" allow, instead of surrendering control to the stock
market and foreign exchange markets. And, not only that, given the
fact that the Allies were able to respond to Hitler and win World War
II, after FDR's New Deal was largely ineffective (so I've heard it
claimed) in ending the depression... it seems to me that our
politicians know this perfectly well, and know exactly how to do it,
but they just prefer to have millions unemployed. Even the Democrats,
even if the Republicans would like a few more unemployed and are more
willing to revel in it.
Why, yes, I can understand why someone could have voted for Trump in
2016. Even if those who voted for him in 2020, and those who will vote
for him, if they can, in 2024, remain alien to me.
John Savard
Paul S Person <psperson@old.netcom.invalid> writes:
On Fri, 10 May 2024 21:02:21 GMT, scott@slp53.sl.home (Scott Lurndal) >>wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial=20
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I=20 >>>>wait until I am 67 to start taking SS, they will give me $4,000/month.=20 >>>>That is an amazing number. I am wondering that they are going to send = >>a=20
hit man instead, much cheaper.
Talk to congress, they've had plenty of warnings and decades to >>>alleviate the problem, but the fucking unelected grover norquist
has screwed us all.
Corporations, who benefit from stable employees, should be
contributing to SS. They should (as per Warren Buffet)
be paying their fair share, rather than leaching off the
American public.
As others have pointed, they are.
As far as their half of the ssi insurance, that's true.
As far as the part that would otherwise have been covered
by a traditional pension, not so much. And the lack of
pensions is a reason that many need to tap SS early.
For those who are interested in the future long term financial
apocalypse of the USA, I recommend reading “The Mandibles: A Family, 2029-2047” by Lionel Shriver:
https://www.amazon.com/Mandibles-Family-2029-2047-Lionel-Shriver/dp/006232828X/
For those who do not like Lionel Shriver, I recommend “Distraction" by Bruce Sterling:
https://www.amazon.com/Distraction-Bruce-Sterling/dp/1857989287/
For those who just want a short term financial apocalypse of the USA, I recommend “Buck Out” by Ken Benton:
https://www.amazon.com/gp/product/1514666979/
You do realize that, when Social Security started, the average life >expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
Today, in the USA, income taxes are as low as they've been since, well, >perhaps before WW2. The decreases in revenue due to tax cuts
began in 1981 and were seriously cut in 2016, leading in a large
part to the current deficits.
The pension age hasn't increased but once (from 65 to 67) since
the social security system was created.
The hyperbole about getting shot is so ridiculous that it's not
even worth responding.
If the social security fund had been invested, rather than being
used to cover tax cuts and overspending, it would be sufficient to
support future retirements without any modifications.
The disappearance of private pensions by corporations starting
in the late 1980s, also has put pressure on the social security
system - a freebee for the corporations - push retirement costs
completely on the government, leading to more and more arcane
mechanisms to enrich wallstreet (401k, IRA, Roth IRA, etc)
without necessarily providing sure income to the recipients.
Thank you scott, I actually appreciate the information since what I wrote
is from a swedish perspective and not a US perspective. If what you're
saying is true, it does, in my opinion, shift the needle a tiny bit in
your direction.
Scott Lurndal <slp53@pacbell.net> wrote:
Today, in the USA, income taxes are as low as they've been since, well, >>perhaps before WW2. The decreases in revenue due to tax cuts
began in 1981 and were seriously cut in 2016, leading in a large
part to the current deficits.
Indeed, although it should be pointed out that this is most dramatic at
the higher levels, where the highest tax rates have been capped long ago.
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
(with regard to Americathon)
I have never even heard of this movie. There is a trailer.
https://www.youtube.com/watch?v=jyD4y_HkZwY
It looks like a present day version of Idiocracy.
The premise is kind of different, and basically takes the 1970s oil crisis
a bit farther. I saw it in a theatre when it came out and at some point
when I was running the Arisia film program I was able to get a 35mm print
of it from the archives and a lot of people talked about how they'd seen it >as kids but that the film seems to have disappeared.
On Sat, 11 May 2024 08:53:23 -0700, Paul S Person ><psperson@old.netcom.invalid> wrote:
You do realize that, when Social Security started, the average life >>expectancy was such that those eligible for it were "locked into lifeWhen Otto von Bismarck invented the old age pension the average male
long slavery to the state", right?
life expectancy was 69 so on average pensioners lasted 4 years.
Obviously life expectancy is much longer now.
As for $4k per month, I was notified my entitlement was $1600/mo and
that was Canuck bucks too....
In article <v1u767$ei8$1@panix2.panix.com>,
Scott Dorsey <kludge@panix.com> wrote:
Scott Lurndal <slp53@pacbell.net> wrote:
Today, in the USA, income taxes are as low as they've been since, well, >>>perhaps before WW2. The decreases in revenue due to tax cuts
began in 1981 and were seriously cut in 2016, leading in a large
part to the current deficits.
Indeed, although it should be pointed out that this is most dramatic at
the higher levels, where the highest tax rates have been capped long ago.
What decreases in revenue? Here are the OECD figures for US Tax Revenue
from 1965 through 2022 (https://stats.oecd.org/Index.aspx?DataSetCode=REVUSA):
1965 167 022
1966 186 065
1967 208 577
1968 218 623
1969 261 468
1970 276 727
1971 278 738
1972 313 091
1973 348 794
1974 389 542
1975 415 386
1976 450 017
1977 525 970
1978 588 261
1979 662 519
1980 730 672
1981 832 930
1982 871 205
1983 872 628
1984 973 472
1985 1 069 914
1986 1 127 958
1987 1 247 323
1988 1 334 154
1989 1 447 778
1990 1 552 413
1991 1 592 211
1992 1 678 736
1993 1 779 819
1994 1 915 493
1995 2 028 327
1996 2 183 329
1997 2 357 489
1998 2 525 496
1999 2 690 195
2000 2 900 519
2001 2 884 730
2002 2 733 431
2003 2 805 008
2004 3 025 257
2005 3 402 866
2006 3 699 160
2007 3 868 612
2008 3 787 415
2009 3 317 018
2010 3 517 144
2011 3 706 690
2012 3 887 233
2013 4 291 752
2014 4 542 584
2015 4 773 680
2016 4 837 633
2017 5 192 729
2018 5 131 484
2019 5 372 512
2020 5 419 799
2021 6 178 036
2022 7 041 876
The problem is not revenue, or tax cuts decreasing revenue.
The government just spends too much.
Scott Lurndal <slp53@pacbell.net> wrote:
Today, in the USA, income taxes are as low as they've been since, well, >>perhaps before WW2. The decreases in revenue due to tax cuts
began in 1981 and were seriously cut in 2016, leading in a large
part to the current deficits.
Indeed, although it should be pointed out that this is most dramatic at
the higher levels, where the highest tax rates have been capped long ago.
However, it should be pointed out that although reductions in tax rates
were not combined with increases in productivity like Mr. Reagan
predicted and this has increased the deficit a lot... the actual source of >much of that initial deficit comes from overspending on the War on Vietnam.
The pension age hasn't increased but once (from 65 to 67) since
the social security system was created.
The Social Security system is supposed to be kept independent from the >general budget and so Social Security witholding isn't supposed to be
a tax. Unfortunately due to some fiddling with the budget in the eighties, >it has become that way. Fixing this should be a priority, and without
fixing it, it can be hard to figure out what the real deficit is.
The hyperbole about getting shot is so ridiculous that it's not
even worth responding.
I dunno. I got shot on the street minding my own business. Mind you, it >was by a police officer, so that might not be quite what the original
poster was thinking.
If the social security fund had been invested, rather than being
used to cover tax cuts and overspending, it would be sufficient to
support future retirements without any modifications.
Bingo.
The disappearance of private pensions by corporations starting
in the late 1980s, also has put pressure on the social security
system - a freebee for the corporations - push retirement costs
completely on the government, leading to more and more arcane
mechanisms to enrich wallstreet (401k, IRA, Roth IRA, etc)
without necessarily providing sure income to the recipients.
Yes. The Social Security program was intended to be a safety net
in order to cover people who fell between the cracks. It was not
intended to be a universal pension but when it got to the point
where the country needed a universal pension, it became one.
On Mon, 13 May 2024 12:29:17 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Sat, 11 May 2024 08:53:23 -0700, Paul S Person >><psperson@old.netcom.invalid> wrote:
You do realize that, when Social Security started, the average life >>>expectancy was such that those eligible for it were "locked into life >>>long slavery to the state", right?When Otto von Bismarck invented the old age pension the average male
life expectancy was 69 so on average pensioners lasted 4 years.
Obviously life expectancy is much longer now.
Exactly. As health and longevity improve, retirement age must rise to
keep the finances under control. Which means people must work longer.
Which is very ... tiresome.
D <nospam@example.net> wrote:
Thank you scott, I actually appreciate the information since what I wrote
is from a swedish perspective and not a US perspective. If what you're
saying is true, it does, in my opinion, shift the needle a tiny bit in
your direction.
There is hardly any comparison between the US and Swedish systems. The Swedish system was designed for universal coverage by people who realized that keeping people alive and well was good for the economy in the end.
It's got some issues but I am just shocked at the good condition of people when I visit Sweden.
--scott
On Mon, 13 May 2024 12:29:17 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Sat, 11 May 2024 08:53:23 -0700, Paul S Person
<psperson@old.netcom.invalid> wrote:
You do realize that, when Social Security started, the average lifeWhen Otto von Bismarck invented the old age pension the average male
expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
life expectancy was 69 so on average pensioners lasted 4 years.
Obviously life expectancy is much longer now.
Exactly. As health and longevity improve, retirement age must rise to
keep the finances under control. Which means people must work longer.
Which is very ... tiresome.
As for $4k per month, I was notified my entitlement was $1600/mo and
that was Canuck bucks too....
Different systems, different rules.
That's not my view of things, having lived in sweden for at least 2
decades. Can you tell me more of what you experienced in sweden?
Needless to say, there is a reason I moved to another country, and that is >because swedens systems are comind apart and society is breaking up. In >sweden people will stay wage slaves until they are 72 unless they are part
of the golden generation born after WW2 who basically stole everything and >left debts to the rest.
D <nospam@example.net> wrote:
That's not my view of things, having lived in sweden for at least 2
decades. Can you tell me more of what you experienced in sweden?
I didn't see any homeless people. Of all the people that I met on the
street or in the grocery store, I think I saw only one or two with obvious untreated major medical conditions. I have friends who have fairly
low-paying jobs and they don't worry from day to day about whether they
will keep their job and whether their apartment will still be available
tomorrow. In doubtful neighborhoods in Stockholm and Gothenburg nobody
came up to me trying to sell me an empty spray can or a stolen cellphone.
Admittedly I have only been for a few months in a couple cities and in
the country near Varberg, but compared with Italy and large chunks of the
US, things seemed stable and well-run.
Needless to say, there is a reason I moved to another country, and that is >> because swedens systems are comind apart and society is breaking up. In
sweden people will stay wage slaves until they are 72 unless they are part >> of the golden generation born after WW2 who basically stole everything and >> left debts to the rest.
Is there any place in the world that isn't that way? But I'd rather be a secure wage slave than an insecure one.
On 5/11/2024 12:00 PM, Paul S Person wrote:
On Fri, 10 May 2024 21:02:21 GMT, scott@slp53.sl.home (Scott Lurndal)
wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I
wait until I am 67 to start taking SS, they will give me $4,000/month. >>>> That is an amazing number. I am wondering that they are going to send a >>>> hit man instead, much cheaper.
Talk to congress, they've had plenty of warnings and decades to
alleviate the problem, but the fucking unelected grover norquist
has screwed us all.
Corporations, who benefit from stable employees, should be
contributing to SS. They should (as per Warren Buffet)
be paying their fair share, rather than leaching off the
American public.
As others have pointed, they are. And, if this one or that one isn't,
it's going find itself in deep kimshee.
OTOH, requiring them to determine what they would be paying their
robotic workers if they were replaced by humans and paying payroll
taxes on /that/ might be one way of funding Social Security and
Medicare [1]. And ... adjust ... the cost/benefit analysis of
replacing humans with robots a bit.
[1] If they are already doing this, feel free to tell me. If this is
not practical politically, I agree. Have a nice day.
What's a 'robot worker'? Replacement usually isn't going to be firing
a human, and putting a humanoid robot in his/her place. How many humans
did a farm tractor replace? An electronic database vs clerks and file
cards?
There's not a one-for-one equivalent.
In article <s8v64j1kojpfbumdqvfch8c5dt6pv5hu60@4ax.com>,
Paul S Person <psperson@old.netcom.invalid> wrote:
On Mon, 13 May 2024 12:29:17 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Sat, 11 May 2024 08:53:23 -0700, Paul S Person >>><psperson@old.netcom.invalid> wrote:
You do realize that, when Social Security started, the average life >>>>expectancy was such that those eligible for it were "locked into life >>>>long slavery to the state", right?When Otto von Bismarck invented the old age pension the average male
life expectancy was 69 so on average pensioners lasted 4 years.
Obviously life expectancy is much longer now.
Exactly. As health and longevity improve, retirement age must rise to
keep the finances under control. Which means people must work longer.
Which is very ... tiresome.
This is a solved problem. Expected American lifespan dropped from 79
in 2019 to 76 in 2021. Since trends can be extended without limit,
it follows that US lifespans will keep dropping by a year per year
until 2098, when it reach be zero.
On Tue, 14 May 2024, Paul S Person wrote:
On Mon, 13 May 2024 12:29:17 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Sat, 11 May 2024 08:53:23 -0700, Paul S Person
<psperson@old.netcom.invalid> wrote:
You do realize that, when Social Security started, the average lifeWhen Otto von Bismarck invented the old age pension the average male
expectancy was such that those eligible for it were "locked into life
long slavery to the state", right?
life expectancy was 69 so on average pensioners lasted 4 years.
Obviously life expectancy is much longer now.
Exactly. As health and longevity improve, retirement age must rise to
keep the finances under control. Which means people must work longer.
Which is very ... tiresome.
No, you can change the assumptions, funding, or invest the money more >wisely. What you are saying is just tired platitudes from politicians who >are funded by the tax payers seeking the easy way out.
Modern citizens in western european countries are nothing more but wage >slaves who exist to feed the public sector.
I think the most sustainable way forward is to abolish social security and >let everyone take care of themselves.
--As for $4k per month, I was notified my entitlement was $1600/mo and
that was Canuck bucks too....
Different systems, different rules.
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples,
of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
No, you can change the assumptions, funding, or invest the money more
wisely. What you are saying is just tired platitudes from politicians who
are funded by the tax payers seeking the easy way out.
No amount of increased funding or investments will work if the number
of years you must pay out steadily increases. Especially if, as at
present and for some time past, a really large generation such as the
Boomers are retiring.
That's part of the problem: not enough workers even /exist/ to pay in
to provide enough to pay out. There are also shortages of staff in the
sort of things old people need most: caregivers. There just aren't
enough non-old people to go around. Well, except by importing them
from other countries. Whereupon the Republicans scream because it gets
them votes.
Modern citizens in western european countries are nothing more but wage
slaves who exist to feed the public sector.
And you think Egypt or Assyria or Chaldaea or the Medes/Persians or
Rome were any better?
And what makes you think this applies only to Western Europe? Were
people better off under the Communists in the East? Has Japan ceased
to try to work its employees to death?
I think the most sustainable way forward is to abolish social security and >> let everyone take care of themselves.
That's not how it works in traditional cultures.
Adults, with a life expectancy of 60 or so, would find themselves in
their 40s supporting both their children and their aged parents. This
is expected of them -- indeed, it is part of "honor your father and
your mother".
Only 1%-ers can afford to take care of themselves. Everybody else
depends on people they do not own outright.
On Wed, 15 May 2024, Cryptoengineer wrote:
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples,
of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
UBI is dead from the start. It is proven by the simplest of calculations
and by history what happens with UBI schemes.
The best way is to return to the foundation of wester wealth, capitalism
and imprison all the socialists who are the reason why we are where we
are.
On Wed, 15 May 2024 21:37:52 +0200, D <nospam@example.net> wrote:
On Wed, 15 May 2024, Cryptoengineer wrote:
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples, >>>> of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
UBI is dead from the start. It is proven by the simplest of calculations
and by history what happens with UBI schemes.
I was unaware that any culture had actually tried it. Indeed, I am
unaware of any culture that is so automated that 99% of the population
are not needed to produce value because robots do it all.
I am aware that actual tests have indicated that your sort of
viewpoint is far too ideological to be considered realistic. This
includes tests showing that /social workers cost more than welfare
frauds steal/ and that /paying the homeless causes them to find
housing and jobs/ (the easier cases, not those with mental problems or
career criminals).
And your buddies the Republicans have no problems with paying money to
people -- as long as they are rich people and it is a large amount of
money. It is only paying modest amounts to The Rest of Us that they
object to.
The best way is to return to the foundation of wester wealth, capitalism
and imprison all the socialists who are the reason why we are where we
are.
Capitalism does so well that it is constantly screwing up to the point
that laws are required to produce anything resembling proper behavior. Anti-trust laws. Child-labor laws. Anti-adulteration laws. Deceptive advertising laws. The list is endless.
And, with most wealth belonging to the 1%-ers, why should the Rest of
Us care about producing any more of it for them?
On 17/05/2024 15.31, D wrote:
I was unaware we have anything resembling capitalism. What we have today is >> a plan economy with government calling the shots, which is far from
capitalism. Many billionaires are the ones who are the most cosy with
politicians.
As for who the wealth belongs to and the benefits for the population at
large, note that we are living at a high peak of civilization compared with >> 100 years ago on all scales, infant mortality, wealth, quality of life etc.
The implication of what you're saying is that living at the peak of civilization is strongly correlated with having a planned economy
rather than capitalism.
So my interpretation is that we are in the short term (and we have)
sliding down due to socialism, but in the long term, once we get back on >track, we'll see further improvements.
On 17/05/2024 15.31, D wrote:
I was unaware
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.
The implication of what you're saying is that living at the peak of civilization is strongly correlated with having a planned economy
rather than capitalism.
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or legal restraint immediately makes a given economy "non-capitalist" and a "planned economy".
D <nospam@example.net> wrote:
So my interpretation is that we are in the short term (and we have)
sliding down due to socialism, but in the long term, once we get back on
track, we'll see further improvements.
I talk to a lot of young kids who say they "don't believe in capitalism"
and when I try to remind them the benefits of the capitalist system they stare at me like I am an alien. And I realized that this is because I
am old and I remember when capitalism worked well, whereas all they have seen in twenty years has been rich people getting richer and poor people
getting poorer.
Capitalism can work, and I have seen it work. But taking the hands off
the system and letting the market do everything results in disaster. Corporations work together both by collusion and forming trusts and in consolidation to try to eliminate competition. They see competition as
bad for them individually, but in fact competition is what makes capitalism work.
And we, as people who are old enough to remember capitalism working, damned well better start making it work again before those kids take over, as they eventually will. Eisenhower warned us all.
--scott
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most
cosy with politicians.
As for who the wealth belongs to and the benefits for the population
at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth,
quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and a >"planned economy".
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most >>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>> at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth, >>>>> quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and
a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of studying socialism up close every day. I imagine living in the US or a
more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen
the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of Ericsson says that overregulation is driving the EU to irrelevance (https://archive.is/XAISI).
I agree completely with him.
On 19/05/2024 12.05, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On that theme, I recommend this article in FT where Börje Ekholm, CEO
of Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
Can't have a marketplace if there is nothing preventing someone from
whacking someone else over the head and taking their things.
That's just showing initiative! Innovation!
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>> at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth, >>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or legal >>> restraint immediately makes a given economy "non-capitalist" and a
"planned economy".
Yep, or if not, at least reduces the efficiency and produces worse results. >> On the other hand, I live in europe, so I get the "benefit" of studying
socialism up close every day. I imagine living in the US or a more free
country, that it is easier to come to the belief that government "fixes"
all the problems of the market when you have not seen the horrors of
socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of
Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it doesn't exist. Never has. There has ALWAYS been some kind of regulation and laws about how commerce is transacted. When you start stripping away all the propaganda and unfounded beliefs you find that you can't _HAVE_ capitalism without rules and regulations. Can't have a marketplace if there is nothing preventing someone from whacking someone else over the head and taking their things.
On Sat, 18 May 2024 20:35:30 -0700, Dimensional Traveler
<dtravel@sonic.net> wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is
far from capitalism. Many billionaires are the ones who are the most >>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>> at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth, >>>>> quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and a
"planned economy".
One suspects that D is a wanna-be 1%er who is upset that he can't
reach his goal if any laws of any sort, type, or kind exist.
It is clear that his version of "capitalism" includes such features
as: trusts/syndicates/market-cornering/squeezing everybody else,
competition without any restrictions, no labor unions, abundant child
labor, adulteration as need to increase profits, and so on. /That/ is
the "capitalism" he supports.
He also appears to have swallowed the "peak of civilization" "high
culture" /restricted to white Western Europeans/ myth.
This isn't unique, of course. Tillich, after WW2, was appalled at how
quickly Germany, "the most civilized society on Earth", had fallen
into barbarism. He failed to realize that what he called "civilized
behavior" was merely the behavior of the Upper and Upper-Middle
classes (who could afford special clothes for going to plays and
concerts, and the carriages needed to get there and back) -- a
paper-thin covering over the abyss of reality.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.
But it is the government and corporation influencing it that demolishes >capitalism. Like you, I've seen it work well, but my belief is that >improvements never happen in a straight line. It fluctuates, sometimse
goes down, followed by a rise.
So the reason the young see what they do, is that the government (and >corporate lobbyists) have interfered with the market, so we have less >capitalism and not more.
But, when it comes to your warning I agree. It is an interesting question
how we can educate people in the blessings of capitalism, so they do _not_ >grow up into politicians who want to "fix" the market and by fixing it,
they destroy it.
Come to Stockholm and I can show you plenty of homeless people. There's an >invasion of gypsies who earn their living by begging, selling drugs,
stealing and prostitution. There's also the odd mentally ill person and
drug addict in the subway walking from subway car to subway car.
street or in the grocery store, I think I saw only one or two with obvious >> untreated major medical conditions. I have friends who have fairly
This is tricky. I've been to the US more times than I can imagine, and
when I see crazy people on the street I don't know if they have untreated >medical conditions or not. Is that what you mean? Mental illness?
Is there any place in the world that isn't that way? But I'd rather be a
secure wage slave than an insecure one.
Being a secure wage slave is a short step away from being a secure slave.
It is so far away from my core values to build my life around safety, that
it is difficult to describe.
I'd much rather be free than safe. But, this is a matter of taste, and to
a certain amount, of economics. Science has shown that economically free >societies are better off in the long run, than socialist planned
economies.
On Sun, 19 May 2024, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>> at large, note that we are living at a high peak of civilization >>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>> civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist"
and a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit"
of studying socialism up close every day. I imagine living in the US
or a more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not
seen the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO
of Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have
a marketplace if there is nothing preventing someone from whacking
someone else over the head and taking their things.
The only regulation that is necessary for two people to transact is what
they agree upon. If you read what I say carefully you will find me criticizing government and political regulation. Nothing could be
further from my mind and my position than banning two people who
voluntarily transact to come up with their contracts.
So people cannot ban together to negotiate and trade? (What exactly do
you think a government is?)
So the sale of any kind of drug or chemical should not be regulated by
the government?
The sale of weaponry, explosives and the like should not be regulated by
the government?
The kidnapping, purchase and sale of other humans to be used as slave
labor should not be regulated by the government?
The destruction of the local environment and making the area around a manufacturing facility uninhabitable and lethal should not be regulated?
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>> at large, note that we are living at a high peak of civilization
compared with 100 years ago on all scales, infant mortality, wealth, >>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and
a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of
studying socialism up close every day. I imagine living in the US or a
more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen
the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of
Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.
On 5/19/2024 1:38 PM, D wrote:
So people cannot ban together to negotiate and trade? (What exactly do
On Sun, 19 May 2024, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>>> at large, note that we are living at a high peak of civilization >>>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>>> civilization is strongly correlated with having a planned economy >>>>>>> rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or >>>>> legal restraint immediately makes a given economy "non-capitalist"
and a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit"
of studying socialism up close every day. I imagine living in the US
or a more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not
seen the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO >>>> of Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have
a marketplace if there is nothing preventing someone from whacking
someone else over the head and taking their things.
The only regulation that is necessary for two people to transact is what
they agree upon. If you read what I say carefully you will find me
criticizing government and political regulation. Nothing could be
further from my mind and my position than banning two people who
voluntarily transact to come up with their contracts.
you think a government is?)
So the sale of any kind of drug or chemical should not be regulated by
the government?
The sale of weaponry, explosives and the like should not be regulated by
the government?
The kidnapping, purchase and sale of other humans to be used as slave
labor should not be regulated by the government?
The destruction of the local environment and making the area around a >manufacturing facility uninhabitable and lethal should not be regulated?
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it >>doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >>stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >>marketplace if there is nothing preventing someone from whacking someone >>else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if
they make the playing field fair, and I am against them when they make it >less fair.
When I was a kid, people who wanted to get rid of governments were called >"anarchists" and they were considered to be on the extreme left. Now people >espousing the same views are called "tea partiers" and are considered to be >on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.--
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a
marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if
they make the playing field fair, and I am against them when they make it less fair.
When I was a kid, people who wanted to get rid of governments were called "anarchists" and they were considered to be on the extreme left. Now people espousing the same views are called "tea partiers" and are considered to be on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
D <nospam@example.net> wrote:
But it is the government and corporation influencing it that demolishes
capitalism. Like you, I've seen it work well, but my belief is that
improvements never happen in a straight line. It fluctuates, sometimse
goes down, followed by a rise.
Right. And in a democracy, the people who are responsible for that in
the end comes down to us, the voters.
So the reason the young see what they do, is that the government (and
corporate lobbyists) have interfered with the market, so we have less
capitalism and not more.
Right, although I am not sure I would say "less capitalism" but I would
say "less fairness in capitalism."
But, when it comes to your warning I agree. It is an interesting question
how we can educate people in the blessings of capitalism, so they do _not_ >> grow up into politicians who want to "fix" the market and by fixing it,
they destroy it.
All we can do is to make it work by example.
--scott
D <nospam@example.net> wrote:
Come to Stockholm and I can show you plenty of homeless people. There's an >> invasion of gypsies who earn their living by begging, selling drugs,
stealing and prostitution. There's also the odd mentally ill person and
drug addict in the subway walking from subway car to subway car.
That's fine. Those folks will always be with us. I am talking about people who have jobs but live in their car or in a tent city because making minimum wage even as a hard worker is not enough for them to be able to afford a studio apartment.
street or in the grocery store, I think I saw only one or two with obvious >>> untreated major medical conditions. I have friends who have fairly
This is tricky. I've been to the US more times than I can imagine, and
when I see crazy people on the street I don't know if they have untreated
medical conditions or not. Is that what you mean? Mental illness?
No, although that is a thing that is more of a problem in the US than in
most European countries. I am thinking about people with physical issues. Take a trip on the city bus here, and you'll see people with goiters, contagious pink eye, untreated skin infections, etc. Often things that
would not be difficult or expensive to cure. How the hell do people get goiters in the 21st century anyway?
Is there any place in the world that isn't that way? But I'd rather be a >>> secure wage slave than an insecure one.
Being a secure wage slave is a short step away from being a secure slave.
It is so far away from my core values to build my life around safety, that >> it is difficult to describe.
I've been unsafe enough that I do tend to value safety. Not to the
exclusion of everything else, but I'd like for other people not to have to
go through some of what I went through. And I am okay paying a little more taxes for that.
I am okay paying my share of taxes, as long as everyone else is paying their share too, and I used to think most people are like that. It's definitely different from place to place.
I'd much rather be free than safe. But, this is a matter of taste, and to
a certain amount, of economics. Science has shown that economically free
societies are better off in the long run, than socialist planned
economies.
You're saying one extreme is better than the other. But there are a huge, huge number of possibilities between those two extremes and most of them
are better than either one. Exactly where in that range is optimal is something that can be argued about because people differ.
--scott
On 5/19/2024 1:38 PM, D wrote:
So people cannot ban together to negotiate and trade? (What exactly do you think a government is?)
On Sun, 19 May 2024, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>>> at large, note that we are living at a high peak of civilization >>>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>>> civilization is strongly correlated with having a planned economy >>>>>>> rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or >>>>> legal restraint immediately makes a given economy "non-capitalist" and a >>>>> "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of >>>> studying socialism up close every day. I imagine living in the US or a >>>> more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen >>>> the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of >>>> Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of regulation >>> and laws about how commerce is transacted. When you start stripping away >>> all the propaganda and unfounded beliefs you find that you can't _HAVE_
capitalism without rules and regulations. Can't have a marketplace if
there is nothing preventing someone from whacking someone else over the
head and taking their things.
The only regulation that is necessary for two people to transact is what
they agree upon. If you read what I say carefully you will find me
criticizing government and political regulation. Nothing could be further
from my mind and my position than banning two people who voluntarily
transact to come up with their contracts.
So the sale of any kind of drug or chemical should not be regulated by the government?
The sale of weaponry, explosives and the like should not be regulated by the government?
The kidnapping, purchase and sale of other humans to be used as slave labor should not be regulated by the government?
The destruction of the local environment and making the area around a manufacturing facility uninhabitable and lethal should not be regulated?
On Mon, 19 May 2024, Scott Dorsey wrote:
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >>> marketplace if there is nothing preventing someone from whacking someone >>> else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if
they make the playing field fair, and I am against them when they make it
less fair.
When I was a kid, people who wanted to get rid of governments were called
"anarchists" and they were considered to be on the extreme left. Now people >> espousing the same views are called "tea partiers" and are considered to be >> on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
Just to add to this, the left anarchist I will not say anything about, but >the right anarchist is not against rules and regulations per se. They just >say that those rules should be agreed upon by people, voluntarily and >enforced by contracts.
D <nospam@example.net> writes:
On Mon, 19 May 2024, Scott Dorsey wrote:
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >>>> marketplace if there is nothing preventing someone from whacking someone >>>> else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if
they make the playing field fair, and I am against them when they make it >>> less fair.
When I was a kid, people who wanted to get rid of governments were called >>> "anarchists" and they were considered to be on the extreme left. Now people
espousing the same views are called "tea partiers" and are considered to be >>> on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
Just to add to this, the left anarchist I will not say anything about, but >>the right anarchist is not against rules and regulations per se. They just >>say that those rules should be agreed upon by people, voluntarily and >>enforced by contracts.
How does a "contract" (a simple piece of paper) enforce anything on
its own?
I am okay paying my share of taxes, as long as everyone else is paying their >> share too, and I used to think most people are like that. It's definitely >> different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Did I manage to convince you? =)
Dimensional Traveler <dtravel@sonic.net> writes:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>> at large, note that we are living at a high peak of civilization >>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>> civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and >>>> a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of
studying socialism up close every day. I imagine living in the US or a
more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen >>> the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of >>> Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a
marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.
Modern capitalism has been predicated on infinite growth. That
infinite growth, has in turn been predicated on infinite supplies of
cheap energy.
The availability of cheap energy was the result of several hundred
million years of stored solar (in the form of fossil fuels), the bulk
of which has been consumed. With deleterious side effects that may
not be reversable in any human timescale.
What system will replace capitalism is not clear, but it will likely not
be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
On 5/20/2024 11:00 AM, Scott Lurndal wrote:
What system will replace capitalism is not clear, but it will likely not
be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
Oh no, another Peak Oiler !
On 5/20/2024 9:00 AM, Scott Lurndal wrote:
Dimensional Traveler <dtravel@sonic.net> writes:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>>> at large, note that we are living at a high peak of civilization >>>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>>> civilization is strongly correlated with having a planned economy >>>>>>> rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or >>>>> legal restraint immediately makes a given economy "non-capitalist" and >>>>> a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of >>>> studying socialism up close every day. I imagine living in the US or a >>>> more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen >>>> the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO of >>>> Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >>> marketplace if there is nothing preventing someone from whacking someone >>> else over the head and taking their things.
Modern capitalism has been predicated on infinite growth. That
infinite growth, has in turn been predicated on infinite supplies of
cheap energy.
The availability of cheap energy was the result of several hundred
million years of stored solar (in the form of fossil fuels), the bulk
of which has been consumed. With deleterious side effects that may
not be reversable in any human timescale.
What system will replace capitalism is not clear, but it will likely not
be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
The current ECONOMY is based on non-renewable hydrocarbons. Whatever >replaces that economy will likely still be a CAPITALIST society.
Dimensional Traveler <dtravel@sonic.net> writes:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
?? we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>> at large, note that we are living at a high peak of civilization >>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>> civilization is strongly correlated with having a planned economy
rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or
legal restraint immediately makes a given economy "non-capitalist" and >>>> a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" of
studying socialism up close every day. I imagine living in the US or a
more free country, that it is easier to come to the belief that
government "fixes" all the problems of the market when you have not seen >>> the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where B??rje Ekholm, CEO of >>> Ericsson says that overregulation is driving the EU to irrelevance
(https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a
marketplace if there is nothing preventing someone from whacking someone
else over the head and taking their things.
Modern capitalism has been predicated on infinite growth. That
infinite growth, has in turn been predicated on infinite supplies of
cheap energy.
The availability of cheap energy was the result of several hundred
million years of stored solar (in the form of fossil fuels), the bulk
of which has been consumed. With deleterious side effects that may
not be reversable in any human timescale.
What system will replace capitalism is not clear, but it will likely not
be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
Dimensional Traveler <dtravel@sonic.net> writes:
On 5/19/2024 1:38 PM, D wrote:
So people cannot ban together to negotiate and trade? (What exactly do
On Sun, 19 May 2024, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
?? we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>>>> at large, note that we are living at a high peak of civilization >>>>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>>>> civilization is strongly correlated with having a planned economy >>>>>>>> rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or >>>>>> legal restraint immediately makes a given economy "non-capitalist" >>>>>> and a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" >>>>> of studying socialism up close every day. I imagine living in the US >>>>> or a more free country, that it is easier to come to the belief that >>>>> government "fixes" all the problems of the market when you have not
seen the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where B??rje Ekholm, CEO >>>>> of Ericsson says that overregulation is driving the EU to irrelevance >>>>> (https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist.?? Never has.?? There has ALWAYS been some kind of
regulation and laws about how commerce is transacted.?? When you start >>>> stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations.?? Can't have >>>> a marketplace if there is nothing preventing someone from whacking
someone else over the head and taking their things.
The only regulation that is necessary for two people to transact is what >>> they agree upon. If you read what I say carefully you will find me
criticizing government and political regulation. Nothing could be
further from my mind and my position than banning two people who
voluntarily transact to come up with their contracts.
you think a government is?)
So the sale of any kind of drug or chemical should not be regulated by
the government?
The sale of weaponry, explosives and the like should not be regulated by
the government?
The kidnapping, purchase and sale of other humans to be used as slave
labor should not be regulated by the government?
The destruction of the local environment and making the area around a
manufacturing facility uninhabitable and lethal should not be regulated?
D is quoting from mises.org. From wikipedia:
The Ludwig von Mises Institute for Austrian Economics,
or Mises Institute, is a nonprofit think tank headquartered
in Auburn, Alabama, that is a center for Austrian economics,
radical right-wing libertarian thought and the paleolibertarian
and anarcho-capitalist movements in the United States.
It was founded in 1982 by Lew Rockwell, chief of staff to Texas
Republican Congressman Ron Paul.
"It favors a "Darwinian view of society in which elites are seen
as natural and any intervention by the government on behalf of
social justice is destructive".
D <nospam@example.net> writes:
On Mon, 19 May 2024, Scott Dorsey wrote:
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start
stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have a >>>> marketplace if there is nothing preventing someone from whacking someone >>>> else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if
they make the playing field fair, and I am against them when they make it >>> less fair.
When I was a kid, people who wanted to get rid of governments were called >>> "anarchists" and they were considered to be on the extreme left. Now people
espousing the same views are called "tea partiers" and are considered to be >>> on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
Just to add to this, the left anarchist I will not say anything about, but >> the right anarchist is not against rules and regulations per se. They just >> say that those rules should be agreed upon by people, voluntarily and
enforced by contracts.
How does a "contract" (a simple piece of paper) enforce anything on
its own?
D wrote:
The only regulation that is necessary for two people to transact is what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you even know it is there? In what sense is your consumption of Plaster of Paris an agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of Arsenic? For that matter, did your landlord agree to poison his tenants when he bought the wallpaper, or did the manufacturer keep silent on just how much Arsenic was needed for those vivid colours?
William Hyde
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely >>> different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are being treated unfairly. (Lazarus Long had something to say about this.) --scott
On 5/20/2024 11:44 AM, D wrote:
Did I manage to convince you? =)
Yes, but not of what you wanted to convince me of.
*PLONK*
This message is in MIME format. The first part should be readable text,
The availability of cheap energy was the result of several hundred
million years of stored solar (in the form of fossil fuels), the bulk
of which has been consumed. With deleterious side effects that may
not be reversable in any human timescale.
What system will replace capitalism is not clear, but it will likely not
be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
I disagree. I think we'll continue to grow when we start with asteroid >mining, deep sea mining etc. We're not even close to the end. Eventually >we'll colonize other planets.
In terms of energy, this is a solved problem which is only being stopped
or slowed down by politicians and over regulation.
In terms of what eventually will replace capitalism, I imagine some kind
of post-scarcity society la Star trek with nano-technology, ubiquitous >solar power, 3d-printing and so on. But that is of course today just
science fiction and speculation.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:how much
The only regulation that is necessary for two people to transact is what >>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when >> you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you even >> know it is there? In what sense is your consumption of Plaster of Paris an >> agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new >building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of
Arsenic? For that matter, did your landlord agree to poison his tenants when >> he bought the wallpaper, or did the manufacturer keep silent on just
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can >recommend excellent books.
On Tue, 21 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely >>>> different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are
being treated unfairly. (Lazarus Long had something to say about this.)
So you are saying that the only reason you like paying taxes is if all
other people around you are forced to do so as well.
Needless to say, it is not very good business strategy to poison your >customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can >recommend excellent books.
D wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is
what they agree upon.
This being a science fiction newsgroup, let's consider your
decisions when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do
you even know it is there? In what sense is your consumption of
Plaster of Paris an agreed upon transaction if you have no way of
knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new
building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds
of Arsenic? For that matter, did your landlord agree to poison his
tenants when he bought the wallpaper, or did the manufacturer keep
silent on just how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers.
Your conclusion is contradicted by reality. This strategy worked for decades, and in other contexts, works now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of
Paris in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave
above, you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer theory.
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they
On Mon, 20 May 2024, William Hyde wrote:
D wrote:building
The only regulation that is necessary for two people to transact is what >>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when >>> you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you even
know it is there? In what sense is your consumption of Plaster of Paris an
agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new
with cheerful bright wallpaper.how much
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of
Arsenic? For that matter, did your landlord agree to poison his tenants when
he bought the wallpaper, or did the manufacturer keep silent on just
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
happen now. It's almost as though your model does not actually reflect reality.
D <nospam@example.net> wrote:
On Tue, 21 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are >>> being treated unfairly. (Lazarus Long had something to say about this.)
So you are saying that the only reason you like paying taxes is if all
other people around you are forced to do so as well.
No, that is not what I am saying. You are asserting the contrapositive. --scott
D <nospam@example.net> writes:
This message is in MIME format. The first part should be readable text,
Please don't post MIME. This is usenet, not farcebook.
The availability of cheap energy was the result of several hundred
million years of stored solar (in the form of fossil fuels), the bulk
of which has been consumed. With deleterious side effects that may
not be reversable in any human timescale.
What system will replace capitalism is not clear, but it will likely not >>> be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
I disagree. I think we'll continue to grow when we start with asteroid
mining, deep sea mining etc. We're not even close to the end. Eventually
we'll colonize other planets.
Dr. Murphy addresses those topics as well. You are clearly suffering
from wishful thinking. Colonization of any planet is currently
way beyond our capabilities - it's not even clear that humans can survive
on any planet other than earth using only in-situ resources. Even
Mars, which would be the most likely candidate, suffers from the lack
of a van allen belt and thus the radiation at the surface pretty much precludes any substantial settlement by humans.
In terms of energy, this is a solved problem which is only being stopped
or slowed down by politicians and over regulation.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
There is no alternative form of energy production (including nuclear
and fusion) that can support the historic growth in energy consumption.
In terms of what eventually will replace capitalism, I imagine some kind
of post-scarcity society ? la Star trek with nano-technology, ubiquitous
solar power, 3d-printing and so on. But that is of course today just
science fiction and speculation.
And likely will remain so.
A more comprehensive survey of all your proposed solutions is
discussed here, with supporting math.
https://escholarship.org/uc/item/9js5291m
D <nospam@example.net> wrote:
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
It's a very effective strategy when you have a seemingly-endless set of
new customers available to you, and when you can keep a low enough profile that potential customers and survivors of former customers cannot identify you.
The two examples given were good ones that happened in the US long ago,
but you can see plenty of examples in China today where safety legislation does not exist and the market is either not sufficiently informed to realize they are using toxic materials or have no other alternatives.
It's also worth looking at the example of the American tobacco industry. --scott
D wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions
when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you
even know it is there? In what sense is your consumption of Plaster of >>> Paris an agreed upon transaction if you have no way of knowing it is
there?
Full of nourishing wheat with extra chalk, you rent a room in a new
building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of
Arsenic? For that matter, did your landlord agree to poison his tenants
when he bought the wallpaper, or did the manufacturer keep silent on just >>> how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers.
Your conclusion is contradicted by reality. This strategy worked for decades, and in other contexts, works now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of Paris in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave above, you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer theory.
William Hyde
On 5/21/2024 12:10 PM, William Hyde wrote:
D wrote:Correction, he prefers fairy tales.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>> when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>> even know it is there? In what sense is your consumption of Plaster of >>>> Paris an agreed upon transaction if you have no way of knowing it is
there?
Full of nourishing wheat with extra chalk, you rent a room in a new
building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>> when he bought the wallpaper, or did the manufacturer keep silent on just >>>> how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers.
Your conclusion is contradicted by reality. This strategy worked for
decades, and in other contexts, works now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of Paris >> in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave above, >> you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer
theory.
Dr. Murphy addresses those topics as well. You are clearly suffering
from wishful thinking. Colonization of any planet is currently
way beyond our capabilities - it's not even clear that humans can survive
on any planet other than earth using only in-situ resources. Even
Mars, which would be the most likely candidate, suffers from the lack
of a van allen belt and thus the radiation at the surface pretty much
precludes any substantial settlement by humans.
There is no fundamental law that makes it impossible for human beings to >colonize other planets, and I did not state that this will take place >tomorrow.
Needless to say, I disagree with you, and I have not seen anything which >seems to make that possibility impossible. We are talking long time scales >here, but I thought that was easily understood, but let me just state it
for the sake of clarity.
In terms of energy, this is a solved problem which is only being stopped >>> or slowed down by politicians and over regulation.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
Nuclear power. The regulative burden of building nuclear power is well
known in many countries in western europe. I think I've heard about 5
years from plan to production in south korea, but I'm not sure. Cutting >regulations and moving to cutting edge SMR:s should cut that.
Basically, we could expand nuclear massively, absent politicians, and of >course complement that with solar/wind where possible and desirable.
Looking at gasoline, that's another cheap source of energy and where I
live taxes on it is 50%, those could be removed.
I could go on and on, and yes, I guess you might say it's wishful thinking
or that those regulations keep us safe, and I disagree with both.
Nuclear, sun, wind, oil, all combined can absolutely support massive
energy growth. We can mine thorium as well, and with modern technology
reuse spent fuel.
I cannot see where he says that anything is impossible and I cannot see
where he discusses thorium supply and SMR:s. Can you point me to those >sections please?
On 5/20/2024 8:02 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely >>>> different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are
being treated unfairly. (Lazarus Long had something to say about this.)
--scott
Lazarus Long kept on moving out further every time the tax system became >onerous. Onerous was about 2%.
On 5/19/2024 1:38 PM, D wrote:
D is quoting from mises.org.
D <nospam@example.net> writes:...
In terms of energy, this is a solved problem which is only being stopped >>>> or slowed down by politicians and over regulation.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
Nuclear power. The regulative burden of building nuclear power is well >>known in many countries in western europe. I think I've heard about 5
years from plan to production in south korea, but I'm not sure. Cutting >>regulations and moving to cutting edge SMR:s should cut that.
There is not enough nucelar fuel to replace any substantial fraction of the current
fossil fuel sources. Not to mention the outright cost of building nuclear plant. Current known fissionable uranium reserves are about 90 years
--for the existing fleet of a few hundred reactors--, at 1GW per reactor,
it will take something like 20,000 new reactors to replace oil, gas and coal. Those 20,000 reactors will require huge amounts of concrete, high-priced specialty metals and other materials such as copper. All the easily
(and inexpensively) obtained copper, iron and other required minerals
have been already exploited, the remaining sources become more expensive
to extract. The process of obtaining those resources will require
massive amounts of energy, and will have consequential environmental
impacts - cement production, for example, releases large amounts of
carbon into the ecosysten. These resource and energy requirements will be in addition to the current annual worldwide consumption, rather than displacing it
given the current growth-based economic system.
Looking at vogtle 3&4 for current cost estimates, each 1GW reactor
would cost $15 billion dollars. And these two were not greenfield
sites. Do the math.
https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Plant
Thorium, aside a couple of 60's test reactors, has not yet been shown
to be commercially feasible. Regardless, it would be decades before
any substantial fleet of such reactors would be available for use.
The current Small Nuclear Reactor craze is disappearing as the startups
run out of funding and cancel projects.
Fusion is always 50 years away, with no guarantees that it will ever
generate enough power to displace fossil fuel generation.
Yes, nuclear fission will be part of the power mix. No, it cannot be the only source.
Basically, we could expand nuclear massively, absent politicians, and of >>course complement that with solar/wind where possible and desirable.
No, it is not physically possible given planetary resource limitations.
Completely leaving aside the considerations and costs of waste disposal.
Looking at gasoline, that's another cheap source of energy and where I
live taxes on it is 50%, those could be removed.
How would you pay for the roads? Petroleum reserves are not increasing
at the same rate of production - it should be clear that as the ratio reductions continue, the cost of production will necessarily rise.
I could go on and on, and yes, I guess you might say it's wishful thinking >>or that those regulations keep us safe, and I disagree with both.
Feel free. Yes, this is a science fiction newsgroup and it is good
to be optimistic about the future, but don't confuse the future with
fiction - understand the physical limitations that apply to life on
and off earth and consider them carefully.
Nuclear, sun, wind, oil, all combined can absolutely support massive
energy growth. We can mine thorium as well, and with modern technology >>reuse spent fuel.
Just FYI - if the growth in energy consumption (which has been about
2.8% annually for the last century) continues for just four hundred more years, the waste heat alone from energy production will have raised the average temperature of the earth to 100C/212F. That's just physics.
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,you even
D <nospam@example.net> wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do
Paris anknow it is there? In what sense is your consumption of Plaster of
tenants whenagreed upon transaction if you have no way of knowing it is there?building
Full of nourishing wheat with extra chalk, you rent a room in a new
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>> Arsenic? For that matter, did your landlord agree to poison his
And yet, not only did such things frequently happen in the past, theyhe bought the wallpaper, or did the manufacturer keep silent on justhow much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment. >>> If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
happen now. It's almost as though your model does not actually reflect
reality.
Governments have killed more people that private businesses so I think
from that angle, we can say for sure that businesses are safer and less >likely to kill their customers.
On 2024-05-21, Scott Lurndal <scott@slp53.sl.home> wrote:
D <nospam@example.net> writes:...
In terms of energy, this is a solved problem which is only being stopped >>>>> or slowed down by politicians and over regulation.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
Nuclear power. The regulative burden of building nuclear power is well >>>known in many countries in western europe. I think I've heard about 5 >>>years from plan to production in south korea, but I'm not sure. Cutting >>>regulations and moving to cutting edge SMR:s should cut that.
There is not enough nucelar fuel to replace any substantial fraction of the current
fossil fuel sources. Not to mention the outright cost of building nuclear >> plant. Current known fissionable uranium reserves are about 90 years
--for the existing fleet of a few hundred reactors--, at 1GW per reactor,
Scott, you're back again with your nonsensical claims based on a >self-published Malthusian doomsayer. As was established last time,
there is plenty of uranium out there (in the oceans if not elsewhere).
And as was established last time, the 90 year estimate of reserves is
in no way a scientific estimate of the amount of uranium out there to
be mined (except in the minds of doomsayers).
You have presented no evidence of this. You have presented reasonable >arguments that just nuclear power expansion is not economically
feasible, though it is much more feasible than you state. (Capitalism
(to get back to the subject) will reduce the cost of nuclear plants
immensely once you start building even a dozen a year.)
A funny thing about predicting the future based on the past, you can
really get different results depending on your starting point. I'll
take your word on 2.8% annually for the last century. If you had
started 2 centuries ago, it would have been much higher. If you had started >3 centuries ago, it would have been much much higher. Which is more accurate? >Why does a century matter?
You are always with the bad vibes ! Be happy, dude !
On Tue, 21 May 2024, Dimensional Traveler wrote:
On 5/21/2024 12:10 PM, William Hyde wrote:
D wrote:Correction, he prefers fairy tales.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>> when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>>> even know it is there? In what sense is your consumption of Plaster of >>>>> Paris an agreed upon transaction if you have no way of knowing it is >>>>> there?
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>> building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>>> when he bought the wallpaper, or did the manufacturer keep silent on just
how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>> customers.
Your conclusion is contradicted by reality. This strategy worked for
decades, and in other contexts, works now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of Paris >>> in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave above, >>> you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer
theory.
No, as explained in previous message. But let's ban governments, they kill >far more people historically, than modern businesses.
D <nospam@example.net> wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you even
know it is there? In what sense is your consumption of Plaster of Paris an
agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of
Arsenic? For that matter, did your landlord agree to poison his tenants when
he bought the wallpaper, or did the manufacturer keep silent on just how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
History shows that it works just fine.
On Mon, 20 May 2024, Scott Lurndal wrote:
D <nospam@example.net> writes:
On Mon, 19 May 2024, Scott Dorsey wrote:
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it >>>>> doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >>>>> stripping away all the propaganda and unfounded beliefs you find that >>>>> you can't _HAVE_ capitalism without rules and regulations. Can't have a >>>>> marketplace if there is nothing preventing someone from whacking someone >>>>> else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if >>>> they make the playing field fair, and I am against them when they make it >>>> less fair.
When I was a kid, people who wanted to get rid of governments were called >>>> "anarchists" and they were considered to be on the extreme left. Now people
espousing the same views are called "tea partiers" and are considered to be
on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
Just to add to this, the left anarchist I will not say anything about, but >>> the right anarchist is not against rules and regulations per se. They just >>> say that those rules should be agreed upon by people, voluntarily and
enforced by contracts.
How does a "contract" (a simple piece of paper) enforce anything on
its own?
Depends on how it is written. You can refer to private enforcing agencies, >arbitrators, courts etc. It is being done today and there are many >non-governmental courts which you can use in your contracts to settle >disagreements.
You can also contract how enforcement should be done. There are private >security companies who can assist with that.
D <nospam@example.net> writes:
Dr. Murphy addresses those topics as well. You are clearly suffering
from wishful thinking. Colonization of any planet is currently
way beyond our capabilities - it's not even clear that humans can survive >>> on any planet other than earth using only in-situ resources. Even
Mars, which would be the most likely candidate, suffers from the lack
of a van allen belt and thus the radiation at the surface pretty much
precludes any substantial settlement by humans.
There is no fundamental law that makes it impossible for human beings to >>colonize other planets, and I did not state that this will take place >>tomorrow.
I never said that. I did say that there is no known, or anticipated >technological advance that will make Mars habitable sufficent to support
more than a few people at any one time. Perhaps you
have been reading too much Science Fiction?
There are 140 million babies born each year. What would it take to >transport that many people each year to another planet, and how long
would it take? And how much would it cost? And without the governments >that you lambast, who would pay for it?
Basically, we could expand nuclear massively, absent politicians, and of >>course complement that with solar/wind where possible and desirable.
No, it is not physically possible given planetary resource limitations.
Completely leaving aside the considerations and costs of waste disposal.
D <nospam@example.net> wrote:
On Tue, 21 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your
position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are >>> being treated unfairly. (Lazarus Long had something to say about this.)
So you are saying that the only reason you like paying taxes is if all >>other people around you are forced to do so as well.
No, that is not what I am saying. You are asserting the contrapositive.
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely >>> different from place to place.
If you think taxes go towards a good thing, why would it change your >>position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are >being treated unfairly. (Lazarus Long had something to say about this.) >--scott
On 5/22/2024 10:57 AM, Paul S Person wrote:
On Tue, 21 May 2024 22:33:20 GMT, scott@slp53.sl.home (Scott Lurndal)...
wrote:
D <nospam@example.net> writes:
...I never said that. I did say that there is no known, or anticipated
technological advance that will make Mars habitable sufficent to support >>> more than a few people at any one time. Perhaps you
have been reading too much Science Fiction?
There are 140 million babies born each year. What would it take to
transport that many people each year to another planet, and how long
would it take? And how much would it cost? And without the governments >>> that you lambast, who would pay for it?
If he had been reading enough SF, he would have learned long ago that
moving lots of people to anywhere else is impractical. Moving seed
populations which then grow naturally might be, but the Earth itself
will on a path which does not appear to have a turning.
SPOILER ...
If you read the Bobiverse books, there will be a massive world wild
nuclear war on Earth in the 22nd century. The resulting nuclear winter
will kill off 99.999% of the people on Earth as the glaciation moves to
the equator.
On 5/22/2024 3:52 PM, James Nicoll wrote:
In article <v2llou$1blem$1@dont-email.me>,
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
On 5/22/2024 10:57 AM, Paul S Person wrote:
On Tue, 21 May 2024 22:33:20 GMT, scott@slp53.sl.home (Scott Lurndal)...
wrote:
D <nospam@example.net> writes:
...I never said that. I did say that there is no known, or anticipated >>>>> technological advance that will make Mars habitable sufficent to support >>>>> more than a few people at any one time. Perhaps you
have been reading too much Science Fiction?
There are 140 million babies born each year. What would it take to >>>>> transport that many people each year to another planet, and how long >>>>> would it take? And how much would it cost? And without the governments >>>>> that you lambast, who would pay for it?
If he had been reading enough SF, he would have learned long ago that
moving lots of people to anywhere else is impractical. Moving seed
populations which then grow naturally might be, but the Earth itself
will on a path which does not appear to have a turning.
SPOILER ...
If you read the Bobiverse books, there will be a massive world wild
nuclear war on Earth in the 22nd century. The resulting nuclear winter
will kill off 99.999% of the people on Earth as the glaciation moves to
the equator.
The Bobiverse books are mildly amusing fiction with tremendously
shitty science.
Um, please detail the bad science according to you. For instance, are
you talking about Nuclear Weapons, Nuclear Winter, 3D Printers, or
something else ?
If the lack of lubrication oil is very needful, we can always reverse
the CO2 process and make oil from the trace amount of CO2 in the air.
We can do this already, the current cost is around $15 to $20 per gallon >(SWAG). The majority of the cost is the expensive catalysts and the
high energy requirement. Also, the process makes a lot of glycerine
(1/3 to 2/3) which is usually landfilled.
What are you saying? I do not understand what you are saying.
And yet here we are, and China is more prosperous than ever, while europe, >the master of regulations is sliding down into socialism.
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff products. Perhaps prosperity isn't everything? The Chinese government values prosperity over individual safety, that is certainly clear.
Chris Buckley <alan@sabir.com> writes:
On 2024-05-21, Scott Lurndal <scott@slp53.sl.home> wrote:
D <nospam@example.net> writes:...
Scott, you're back again with your nonsensical claims based on a >>self-published Malthusian doomsayer. As was established last time,In terms of energy, this is a solved problem which is only being stopped >>>>>> or slowed down by politicians and over regulation.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
Nuclear power. The regulative burden of building nuclear power is well >>>>known in many countries in western europe. I think I've heard about 5 >>>>years from plan to production in south korea, but I'm not sure. Cutting >>>>regulations and moving to cutting edge SMR:s should cut that.
There is not enough nucelar fuel to replace any substantial fraction of the current
fossil fuel sources. Not to mention the outright cost of building nuclear >>> plant. Current known fissionable uranium reserves are about 90 years
--for the existing fleet of a few hundred reactors--, at 1GW per reactor, >>
there is plenty of uranium out there (in the oceans if not elsewhere).
Yes, there is a lot of U in seawater. The question is not whether it
is there, but whether it can be 'mined' from the seawater using less
energy than it will produce.
And as was established last time, the 90 year estimate of reserves is
in no way a scientific estimate of the amount of uranium out there to
be mined (except in the minds of doomsayers).
You didn't establish anything other than a bald assertion.
You have presented no evidence of this. You have presented reasonable >>arguments that just nuclear power expansion is not economically
feasible, though it is much more feasible than you state. (Capitalism
(to get back to the subject) will reduce the cost of nuclear plants >>immensely once you start building even a dozen a year.)
Ah, vague assertions about "capitalism". You sound like D - there
will be pie in the sky, by and by (RAH).
A funny thing about predicting the future based on the past, you can
really get different results depending on your starting point. I'll
take your word on 2.8% annually for the last century. If you had
started 2 centuries ago, it would have been much higher. If you had started >>3 centuries ago, it would have been much much higher. Which is more accurate? >>Why does a century matter?
Because the exploitation of fossil fuels didn't start until the
mid 18th century, and really didn't take off until the 20th century.
I can just imagine the street battles as each side hires/forms its own >security company to enforce what it wants enforced and prevent it from
being forced to do what it doesn't want to do.
On 5/15/2024 12:04 PM, Paul S Person wrote:
On Wed, 15 May 2024 08:30:22 -0400, Cryptoengineer
<petertrei@gmail.com> wrote:
On 5/11/2024 12:00 PM, Paul S Person wrote:
On Fri, 10 May 2024 21:02:21 GMT, scott@slp53.sl.home (Scott Lurndal)
wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial >>>>>>>> apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I >>>>>> wait until I am 67 to start taking SS, they will give me
$4,000/month.
That is an amazing number. I am wondering that they are going to >>>>>> send a
hit man instead, much cheaper.
Talk to congress, they've had plenty of warnings and decades to
alleviate the problem, but the fucking unelected grover norquist
has screwed us all.
Corporations, who benefit from stable employees, should be
contributing to SS. They should (as per Warren Buffet)
be paying their fair share, rather than leaching off the
American public.
As others have pointed, they are. And, if this one or that one isn't,
it's going find itself in deep kimshee.
OTOH, requiring them to determine what they would be paying their
robotic workers if they were replaced by humans and paying payroll
taxes on /that/ might be one way of funding Social Security and
Medicare [1]. And ... adjust ... the cost/benefit analysis of
replacing humans with robots a bit.
[1] If they are already doing this, feel free to tell me. If this is
not practical politically, I agree. Have a nice day.
What's a 'robot worker'? Replacement usually isn't going to be firing
a human, and putting a humanoid robot in his/her place. How many humans
did a farm tractor replace? An electronic database vs clerks and file
cards?
There's not a one-for-one equivalent.
An article about one of the smaller (population-wise) States -- the
States devastated by the export of jobs -- the States filled with
red-blooded white American males itching to work for a living --
explored this.
A factory opened and started a 10-person line. After trying for
months, they found a total of 8 locals (out of a much larger number of
unemployed potential workers) who were willing and able to show up
clean and sober five days a week and work 8 hours a day. Everybody
else preferred ... a different lifestyle. Including most white
American males. The 8 did the work, but with a lot of jumping from
position to position.
So the brought in two robots to finish the line. The /article's/ point
was that reality and Republican dogma are at variance. No news there.
My point is that the business should be paying their payroll taxes for
the two robots just as if they were humans. Based on whatever they pay
the humans, or paid them in the past, adjusted for inflation if no
current human employees exist to provide an amount.
The goal, after all, is to keep Social Security going. Allowing robots
to replace workers isn't going to help with that if payroll taxes are
only paid on the humans. And the cost of the payroll taxes should
affect the cost/benifit analysis of when and where to use them.
We're faced with a demographic collapse - there are fewer and fewer
working people to provide for more and more retirees. We've managed
so far partly by improving productivity.
However, more and more of the excess from the productivity increase
is being held by fewer and fewer people. To re balance this, we need significant income and wealth distribution.
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples,
of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
pt
Dimensional Traveler <dtravel@sonic.net> wrote:
On 5/19/2024 1:38 PM, D wrote:
So people cannot ban together to negotiate and trade? (What exactly do
On Sun, 19 May 2024, Dimensional Traveler wrote:
On 5/19/2024 4:03 AM, D wrote:
On Sat, 18 May 2024, Dimensional Traveler wrote:
On 5/18/2024 5:56 PM, Titus G wrote:
On 19/05/24 01:34, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware
Ignorance is bliss.
we have anything resembling capitalism. What we have
today is a plan economy with government calling the shots, which is >>>>>>>>> far from capitalism. Many billionaires are the ones who are the most >>>>>>>>> cosy with politicians.
As for who the wealth belongs to and the benefits for the population >>>>>>>>> at large, note that we are living at a high peak of civilization >>>>>>>>> compared with 100 years ago on all scales, infant mortality, wealth, >>>>>>>>> quality of life etc.
The implication of what you're saying is that living at the peak of >>>>>>>> civilization is strongly correlated with having a planned economy >>>>>>>> rather than capitalism.
Be careful. You might smear his rose tinted spectacles.
One suspects that D is of the opinion that any kind of regulation or >>>>>> legal restraint immediately makes a given economy "non-capitalist" >>>>>> and a "planned economy".
Yep, or if not, at least reduces the efficiency and produces worse
results. On the other hand, I live in europe, so I get the "benefit" >>>>> of studying socialism up close every day. I imagine living in the US >>>>> or a more free country, that it is easier to come to the belief that >>>>> government "fixes" all the problems of the market when you have not
seen the horrors of socialism up close as in europe.
On that theme, I recommend this article in FT where Börje Ekholm, CEO >>>>> of Ericsson says that overregulation is driving the EU to irrelevance >>>>> (https://archive.is/XAISI).
I agree completely with him.
The problem with your "definition" of a capitalist economy is that it
doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >>>> stripping away all the propaganda and unfounded beliefs you find that
you can't _HAVE_ capitalism without rules and regulations. Can't have >>>> a marketplace if there is nothing preventing someone from whacking
someone else over the head and taking their things.
The only regulation that is necessary for two people to transact is what >>> they agree upon. If you read what I say carefully you will find me
criticizing government and political regulation. Nothing could be
further from my mind and my position than banning two people who
voluntarily transact to come up with their contracts.
you think a government is?)
So the sale of any kind of drug or chemical should not be regulated by
the government?
The sale of weaponry, explosives and the like should not be regulated by
the government?
The kidnapping, purchase and sale of other humans to be used as slave
labor should not be regulated by the government?
The destruction of the local environment and making the area around a
manufacturing facility uninhabitable and lethal should not be regulated?
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's heard
of her.
I used to be that way.
But I grew up.
Pt
On 5/10/2024 4:10 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
For those of us who are interested, but not ready to pick up a book,
what
do you think will happen?
I highly recommend the film Americathon, with John Ritter, for those who
are interested in a great view of a Federal financial apocalypse.
"I ain't a bad guy. I just want my fifteen billion dollars back. I
gotta
eat too, you know?"
-- the man owning the Federal Debt
--scott
I have never even heard of this movie. There is a trailer.
https://www.youtube.com/watch?v=jyD4y_HkZwY
It looks like a present day version of Idiocracy.
On 5/22/2024 6:27 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >>> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff
products. Perhaps prosperity isn't everything? The Chinese government
values prosperity over individual safety, that is certainly clear.
Especially since China largely builds FOR EXPORT.
On 5/11/2024 10:57 AM, Paul S Person wrote:
On Fri, 10 May 2024 15:16:12 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
On 5/10/2024 1:46 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
For those who are interested in the future long term financial
apocalypse of the USA
More dystopian fiction. Talk about depressing.
Yup, just like reality.
USA Social Security sent me a letter the other day and said that if I
wait until I am 67 to start taking SS, they will give me $4,000/month.
That is an amazing number. I am wondering that they are going to send a >>> hit man instead, much cheaper.
Before I retired, I referred to such letters as "the annual lie". But
when I created a spreadsheet to compute what the benefit should be ...
I found that the letters were pretty darn accurate.
Supposedly Social Security and Medicare are going to hit $2 trillion /
year each in 2030. That is an incredible amount of money.
That's two different things, not functionally linked to each other,
but of course you knew that.
A trillion here, a trillion there -- pretty soon you're talking about
/real/ money.
It's all a matter of perspective. And longevity. And inflation. And
Congress (both parties, BTW).
BTW, I suspect that USA Social Security will be means tested in the not
too distant future. The means testing will be whether or not you own a >home.
On Wed, 22 May 2024 15:55:03 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
BTW, I suspect that USA Social Security will be means tested in the not=20 >>too distant future. The means testing will be whether or not you own a=20 >>home.
/That/ will piss off a lot of people. At last! An issue the 1%-ers and
the home-owning lesser mortals can agree on!
On 5/23/2024 11:31 AM, Scott Lurndal wrote:
Paul S Person <psperson@old.netcom.invalid> writes:
On Wed, 22 May 2024 15:55:03 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
BTW, I suspect that USA Social Security will be means tested in the
not=20
too distant future. The means testing will be whether or not you
own a=20
home.
/That/ will piss off a lot of people. At last! An issue the 1%-ers and
the home-owning lesser mortals can agree on!
Lynn pulled that out of his posterior. There hasn't even been any
rational discussion of means testing outside of SSI (Suplementary
Security Income).
And when it has been brought up,
"Proposals to 'means-test' Social Security - by cutting benefits for
higher-income retirees - wouldn't save significant money unless they >> cut benefits for middle-class retirees as well; such measures would >> also pose high administrative costs."
...
"These facts argue for addressing Social Security's financing
shortfall
primarily through revenue increases - a position that the
majority of
people in the United States strongly support."
https://www.cbpp.org/research/social-security/social-security-benefits-are-modest
Not likely to happen.
Time will tell. The horizon is short, 2019 at the latest with the USA running a $4 trillion deficit this year.
Lynn McGuire wrote:
On 5/21/2024 7:57 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/20/2024 8:02 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is
paying their
share too, and I used to think most people are like that. It's >>>>>>> definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your >>>>>> position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like
they are
being treated unfairly. (Lazarus Long had something to say about
this.)
--scott
Lazarus Long kept on moving out further every time the tax system
became
onerous. Onerous was about 2%.
Lazerous Long is a fictional character.
And your point is ?
People have always moved to new frontiers in search of less regulation
and more freedom.
I think the primary motivation has always been free land. And slaves
to work it, in some cases.
D <nospam@example.net> wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when >>> you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you even
know it is there? In what sense is your consumption of Plaster of Paris an
agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of
Arsenic? For that matter, did your landlord agree to poison his tenants when
he bought the wallpaper, or did the manufacturer keep silent on just how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment.
If you _really_ would like to seriously explore the why and how, I can
recommend excellent books.
History shows that it works just fine.
Pt
On 21/05/24 04:04, Scott Lurndal wrote:
On 5/19/2024 1:38 PM, D wrote:
D is quoting from mises.org.
So "D" stands for Dishonest as well as Dim.
On 5/23/2024 8:04 PM, Dimensional Traveler wrote:
On 5/23/2024 3:28 PM, Lynn McGuire wrote:
On 5/23/2024 11:31 AM, Scott Lurndal wrote:So Social Security collapsed five years ago?
Paul S Person <psperson@old.netcom.invalid> writes:
On Wed, 22 May 2024 15:55:03 -0500, Lynn McGuire
<lynnmcguire5@gmail.com> wrote:
BTW, I suspect that USA Social Security will be means tested in the >>>>>> not=20
too distant future. The means testing will be whether or not you >>>>>> own a=20
home.
/That/ will piss off a lot of people. At last! An issue the 1%-ers and >>>>> the home-owning lesser mortals can agree on!
Lynn pulled that out of his posterior. There hasn't even been any
rational discussion of means testing outside of SSI (Suplementary
Security Income).
And when it has been brought up,
"Proposals to 'means-test' Social Security - by cutting benefits for >>>> higher-income retirees - wouldn't save significant money unless they >>>> cut benefits for middle-class retirees as well; such measures would >>>> also pose high administrative costs."
...
"These facts argue for addressing Social Security's financing
shortfall
primarily through revenue increases - a position that the
majority of
people in the United States strongly support."
https://www.cbpp.org/research/social-security/social-security-benefits-are-modest
Not likely to happen.
Time will tell. The horizon is short, 2019 at the latest with the USA
running a $4 trillion deficit this year.
ARGH ! Sure, we just don't know it yet. Grin.
Let's try 2029.
On 5/21/2024 9:59 AM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/20/2024 11:00 AM, Scott Lurndal wrote:
What system will replace capitalism is not clear, but it will likely not >>>> be pleasant.
https://dothemath.ucsd.edu/2011/10/the-energy-trap/
Oh no, another Peak Oiler !
Rather than name calling (and in fact, Dr. Murphy is a physicist),
why don't you address the facts in that post?
It is about preparing for the inevitable decline in petroleum production;
which pretty much everybody, except you apparently, know is coming.
The point of the article is that it takes energy to make energy,
and the EROEI ratio (energy produced to energy consumed to produce it)
has been dropping rather precipitously for fossil fuels (from 100:1
a century ago, to less than 3:1 for e.g. oil sands).
If the cost to produce one unit of energy is two units of
energy, you can see the trap closing on your feet.
We have, as a world, been through three or four Peak Oil events in my 49 year career to date: 1973, 1991, 2008. We will go through more. There will always be somebody who invents a wonderful new way of producing energy.
You are always with the bad vibes ! Be happy, dude !
Lynn
In article <caab2103-7ef9-2005-f035-b0858fb20f1b@example.net>,
D <nospam@example.net> wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,you even
D <nospam@example.net> wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what >>>>>> they agree upon.
This being a science fiction newsgroup, let's consider your decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do
Paris anknow it is there? In what sense is your consumption of Plaster of
tenants whenagreed upon transaction if you have no way of knowing it is there?building
Full of nourishing wheat with extra chalk, you rent a room in a new
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>> Arsenic? For that matter, did your landlord agree to poison his
And yet, not only did such things frequently happen in the past, theyhe bought the wallpaper, or did the manufacturer keep silent on justhow much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment. >>>> If you _really_ would like to seriously explore the why and how, I can >>>> recommend excellent books.
happen now. It's almost as though your model does not actually reflect
reality.
Governments have killed more people that private businesses so I think
from that angle, we can say for sure that businesses are safer and less
likely to kill their customers.
Ah, we've reached the moving the goal posts part of the game.
Please enlighten us with exactly how those problems have been
solved, and exactly which regulations you think are standing in
the way.
Nuclear power. The regulative burden of building nuclear power is well
known in many countries in western europe. I think I've heard about 5
years from plan to production in south korea, but I'm not sure. Cutting
regulations and moving to cutting edge SMR:s should cut that.
There is not enough nucelar fuel to replace any substantial fraction of the current
fossil fuel sources. Not to mention the outright cost of building nuclear >> plant. Current known fissionable uranium reserves are about 90 years
--for the existing fleet of a few hundred reactors--, at 1GW per reactor,
Scott, you're back again with your nonsensical claims based on a self-published Malthusian doomsayer. As was established last time,
there is plenty of uranium out there (in the oceans if not elsewhere).
And as was established last time, the 90 year estimate of reserves is
in no way a scientific estimate of the amount of uranium out there to
be mined (except in the minds of doomsayers). It is purely an
commercial recognition of what is economical to search for at this
time; it's not worth looking for any more right now. That amount is
not evidence to back up your claims at all.
it will take something like 20,000 new reactors to replace oil, gas and coal.
Those 20,000 reactors will require huge amounts of concrete, high-priced
specialty metals and other materials such as copper. All the easily
(and inexpensively) obtained copper, iron and other required minerals
have been already exploited, the remaining sources become more expensive
to extract. The process of obtaining those resources will require
massive amounts of energy, and will have consequential environmental
impacts - cement production, for example, releases large amounts of
carbon into the ecosysten. These resource and energy requirements will be in
addition to the current annual worldwide consumption, rather than displacing it
given the current growth-based economic system.
Looking at vogtle 3&4 for current cost estimates, each 1GW reactor
would cost $15 billion dollars. And these two were not greenfield
sites. Do the math.
https://en.wikipedia.org/wiki/Vogtle_Electric_Generating_Plant
Thorium, aside a couple of 60's test reactors, has not yet been shown
to be commercially feasible. Regardless, it would be decades before
any substantial fleet of such reactors would be available for use.
The current Small Nuclear Reactor craze is disappearing as the startups
run out of funding and cancel projects.
Fusion is always 50 years away, with no guarantees that it will ever
generate enough power to displace fossil fuel generation.
Yes, nuclear fission will be part of the power mix. No, it cannot be the >> only source.
and as the next sentence states, you two are in violent agreement on that.
Basically, we could expand nuclear massively, absent politicians, and of >>> course complement that with solar/wind where possible and desirable.
No, it is not physically possible given planetary resource limitations.
You have presented no evidence of this. You have presented reasonable arguments that just nuclear power expansion is not economically
feasible, though it is much more feasible than you state. (Capitalism
(to get back to the subject) will reduce the cost of nuclear plants
immensely once you start building even a dozen a year.)
Completely leaving aside the considerations and costs of waste disposal.
Looking at gasoline, that's another cheap source of energy and where I
live taxes on it is 50%, those could be removed.
How would you pay for the roads? Petroleum reserves are not increasing
at the same rate of production - it should be clear that as the ratio
reductions continue, the cost of production will necessarily rise.
I could go on and on, and yes, I guess you might say it's wishful thinking >>> or that those regulations keep us safe, and I disagree with both.
Feel free. Yes, this is a science fiction newsgroup and it is good
to be optimistic about the future, but don't confuse the future with
fiction - understand the physical limitations that apply to life on
and off earth and consider them carefully.
Nuclear, sun, wind, oil, all combined can absolutely support massive
energy growth. We can mine thorium as well, and with modern technology
reuse spent fuel.
Just FYI - if the growth in energy consumption (which has been about
2.8% annually for the last century) continues for just four hundred more
years, the waste heat alone from energy production will have raised the
average temperature of the earth to 100C/212F. That's just physics.
A funny thing about predicting the future based on the past, you can
really get different results depending on your starting point. I'll
take your word on 2.8% annually for the last century. If you had
started 2 centuries ago, it would have been much higher. If you had started 3 centuries ago, it would have been much much higher. Which is more accurate? Why does a century matter?
What matters is the future. The current estimate for the US is to
grow between 0 and 15% by 2050.
https://www.eia.gov/todayinenergy/detail.php?id=56040
I couldn't easily find European predictions, but energy growth was
flat between 2005 and 2020 before diminishing significantly due to
external factors in the past few years.
https://www.enerdata.net/estore/energy-market/european-union/
Growth will be much, much smaller over the next 400 years than 2.8%
annually. I do agree that waste heat will be a limit eventually -
in fact I would claim long before we run out of energy sources!
Energy sources are not a limiting feature.
Chris
On Tue, 21 May 2024 23:51:45 +0200, D <nospam@example.net> wrote:
On Tue, 21 May 2024, Dimensional Traveler wrote:
On 5/21/2024 12:10 PM, William Hyde wrote:
D wrote:Correction, he prefers fairy tales.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>>> when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>>>> even know it is there? In what sense is your consumption of Plaster of >>>>>> Paris an agreed upon transaction if you have no way of knowing it is >>>>>> there?
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>>> building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>>>> when he bought the wallpaper, or did the manufacturer keep silent on just
how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>>> customers.
Your conclusion is contradicted by reality. This strategy worked for
decades, and in other contexts, works now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of Paris >>>> in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market! >>>>
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave above, >>>> you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer
theory.
No, as explained in previous message. But let's ban governments, they kill >> far more people historically, than modern businesses.
Which is to say, /well-regulated/ businesses.
Which are /not/ the sort of businesses you idolize. The sort of
businesses /you/ idolize are the ones adulterating food and imposing
as much of their costs as possible on other people. Among many other
bad -- not for business, but for the rest of us -- practices.
On Tue, 21 May 2024 17:12:42 +0200, D <nospam@example.net> wrote:
On Mon, 20 May 2024, Scott Lurndal wrote:
D <nospam@example.net> writes:
On Mon, 19 May 2024, Scott Dorsey wrote:
Dimensional Traveler <dtravel@sonic.net> wrote:
The problem with your "definition" of a capitalist economy is that it >>>>>> doesn't exist. Never has. There has ALWAYS been some kind of
regulation and laws about how commerce is transacted. When you start >>>>>> stripping away all the propaganda and unfounded beliefs you find that >>>>>> you can't _HAVE_ capitalism without rules and regulations. Can't have a >>>>>> marketplace if there is nothing preventing someone from whacking someone >>>>>> else over the head and taking their things.
What is wrong with rules and regulations? I am all in favor of them if >>>>> they make the playing field fair, and I am against them when they make it >>>>> less fair.
When I was a kid, people who wanted to get rid of governments were called >>>>> "anarchists" and they were considered to be on the extreme left. Now people
espousing the same views are called "tea partiers" and are considered to be
on the extreme right. Something is wrong here.
Governments are good things, they exist to keep the system fair.
--scott
Just to add to this, the left anarchist I will not say anything about, but >>>> the right anarchist is not against rules and regulations per se. They just >>>> say that those rules should be agreed upon by people, voluntarily and
enforced by contracts.
How does a "contract" (a simple piece of paper) enforce anything on
its own?
Depends on how it is written. You can refer to private enforcing agencies, >> arbitrators, courts etc. It is being done today and there are many
non-governmental courts which you can use in your contracts to settle
disagreements.
So, instead of a government, we would have ... a government. Just not
called a government.
You can also contract how enforcement should be done. There are private
security companies who can assist with that.
I can just imagine the street battles as each side hires/forms its own security company to enforce what it wants enforced and prevent it from
being forced to do what it doesn't want to do.
Contracts without law are meaningless -- and law is intrinsic to
government. Simply by mentioning "court" you revoke your own argument.
On 21 May 2024 19:09:25 -0000, kludge@panix.com (Scott Dorsey) wrote:
D <nospam@example.net> wrote:
On Tue, 21 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:So you are saying that the only reason you like paying taxes is if all
I am okay paying my share of taxes, as long as everyone else is paying their
share too, and I used to think most people are like that. It's definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your >>>>> position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are >>>> being treated unfairly. (Lazarus Long had something to say about this.) >>>
other people around you are forced to do so as well.
No, that is not what I am saying. You are asserting the contrapositive.
Given
(everyone else is paying their share) => (I am okay paying my share)
the contrapositive would be
(I am /not/ okay paying my share) => (everyone else is /not/ paying
their share)
provided I recall my logic correctly.
He appears to be asserting that you are saying:
(all other people around you are forced [to pay taxes)) => (you like
paying taxes)
which is a distortion of what you are saying.
He, OTOH, appears to be working with the proposition
(I only pay taxes because I am forced to do so) => (everyone who pays
taxes is forced to do so)
at least as far as I can tell.
This is not a person who has any significant connection to reality.
On 5/22/2024 8:45 AM, Scott Dorsey wrote:
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
You are always with the bad vibes ! Be happy, dude !
Oil is so great for lubrication and as a plastics precursor that we are
going to be needing it for a very long time. It seems a shame to waste the >> stuff we have just burning it for fuel.
--scott
Most plastics plants use natural gas as their main precursor. Natural gas is about a fifth of the price of crude oil here in the USA. Outside the USA, resource short countries such as China, Japan, and Taiwan that have plastics plants are moving them to the USA since the USA natural gas price is 1/10th that of the world price (LNG).
The transportation industries (train, truck, car, etc) use about 1/4 of the distillate fuels in the USA. They are very slowly converting to liquefied natural gas and electricity but there are many problems involved with heavy LNG storage tanks and heavy batteries dropping the payload capabilities of the vehicles. If you use 1.0 gallons of diesel then that is 1.2 gallons of gasoline or 2.0 gallons of LNG. I am not sure about the battery weight but the Tesla Semi has either two 250 kwh batteries (250 miles) or four 250 kwh batteries (500 miles).
If the lack of lubrication oil is very needful, we can always reverse the CO2 process and make oil from the trace amount of CO2 in the air. We can do this already, the current cost is around $15 to $20 per gallon (SWAG). The majority of the cost is the expensive catalysts and the high energy requirement. Also, the process makes a lot of glycerine (1/3 to 2/3) which is usually landfilled.
Lynn
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
You are always with the bad vibes ! Be happy, dude !
Oil is so great for lubrication and as a plastics precursor that we are
going to be needing it for a very long time. It seems a shame to waste the stuff we have just burning it for fuel.
--scott
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they
On Mon, 20 May 2024, William Hyde wrote:
D wrote:how much
The only regulation that is necessary for two people to transact is >>>>>> what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>> when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>>> even
know it is there? In what sense is your consumption of Plaster of >>>>> Paris an
agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new >>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>>> when
he bought the wallpaper, or did the manufacturer keep silent on just
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment. >>>> If you _really_ would like to seriously explore the why and how, I can >>>> recommend excellent books.
happen now. It's almost as though your model does not actually reflect
reality.
Governments have killed more people that private businesses so I think from >> that angle, we can say for sure that businesses are safer and less likely
to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is what they agree upon."
And I have shown, using examples from actual history, that this is false. Without regulation companies will sell their customers harmful products, if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue?
William Hyde
On 5/21/2024 7:57 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/20/2024 8:02 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is paying >>>>>> their
share too, and I used to think most people are like that. It's
definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your >>>>> position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they are >>>> being treated unfairly. (Lazarus Long had something to say about this.) >>>> --scott
Lazarus Long kept on moving out further every time the tax system became >>> onerous. Onerous was about 2%.
Lazerous Long is a fictional character.
And your point is ?
People have always moved to new frontiers in search of less regulation and more freedom.
Lynn
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they
On Mon, 20 May 2024, William Hyde wrote:
D wrote:how much
The only regulation that is necessary for two people to transact is >>>>>> what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>> when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>>> even
know it is there? In what sense is your consumption of Plaster of >>>>> Paris an
agreed upon transaction if you have no way of knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a new >>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>>> when
he bought the wallpaper, or did the manufacturer keep silent on just
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers. I think that is all I will say about this thought experiment. >>>> If you _really_ would like to seriously explore the why and how, I can >>>> recommend excellent books.
happen now. It's almost as though your model does not actually reflect
reality.
Governments have killed more people that private businesses so I think from >> that angle, we can say for sure that businesses are safer and less likely
to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is what they agree upon."
And I have shown, using examples from actual history, that this is false. Without regulation companies will sell their customers harmful products, if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue?
William Hyde
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff products. Perhaps prosperity isn't everything? The Chinese government values prosperity over individual safety, that is certainly clear.
--scott
D wrote:
On Tue, 21 May 2024, William Hyde wrote:
D wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is >>>>>> what they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>> when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do you >>>>> even know it is there? In what sense is your consumption of Plaster of
Paris an agreed upon transaction if you have no way of knowing it is >>>>> there?
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>> building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>> Arsenic? For that matter, did your landlord agree to poison his tenants >>>>> when he bought the wallpaper, or did the manufacturer keep silent on >>>>> just how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your
customers.
Your conclusion is contradicted by reality. This strategy worked for
decades, and in other contexts, works now.
Incorrect. We are more people than ever on this planet right now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of Paris >>> in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
Fewer people have died by criminal companies than by governments. So I
prefer to trust a business accountable to its customers. Yes, people have
died, but that is hardly the fault of the free market. As stated,
governments have killed far more, so by that logic, we should ban
governments as quick as possible.
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave above, >>> you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer
theory.
Incorrect, see above.
Ok, you prefer lies.
The predatory behavior of unregulated companies does not contradict an increasing population. If a few hundred children die of alum-related complications, and a number of people have their lives shortened by arsenic poisoning, the population can still increase, especially when these activities are banned by government regulation, public health laws are established, medicine improves, and so on.
We have nothing quite so blatant as alum or chalk in bread now, thanks to government. Not in the west, anyway.
William Hyde
D <nospam@example.net> wrote:
What are you saying? I do not understand what you are saying.
There are many things that need to be in place for me to feel good about paying taxes. Fairness in taxation is one of them. But there are many others; if a large portion of the taxes go to funding Mr. Mobutu, I and
many others feel less good about paying taxes, for instance. Fairness in taxation is not the only thing but it is certainly an imporant thing.
--scott
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's heard
of her.
Rand loathed the Libertarians, as we let into our party all sorts
of folks who loved liberty, no matter what their justification
was for that love. The Objectivist Popessa wanted everyone who agreed
with limited government to be a "Student of Objectivism." Those who
developed their own philosophical stances were accused of all sorts of degeneracy, and/or of plagiarizing her.
https://en.wikipedia.org/wiki/Objectivism_and_libertarianism
I used to be that way.
But I grew up.
Pt
I suspect D of not being a minarchist, but an anarcho-capitalist.
I won't be starting any purges.
On Wed, 22 May 2024 19:52:50 -0700, Dimensional Traveler
<dtravel@sonic.net> wrote:
On 5/22/2024 6:27 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >>>> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff
products. Perhaps prosperity isn't everything? The Chinese government
values prosperity over individual safety, that is certainly clear.
Especially since China largely builds FOR EXPORT.
The East Asian Technotrash I found in various categories on Amazon
were mostly from mainland China. But I won't say it all is, because
this is a game anyone can play.
On 5/23/2024 3:03 PM, William Hyde wrote:
Lynn McGuire wrote:Preferably free slaves. ;)
On 5/21/2024 7:57 PM, Scott Lurndal wrote:
Lynn McGuire <lynnmcguire5@gmail.com> writes:
On 5/20/2024 8:02 PM, Scott Dorsey wrote:
D <nospam@example.net> wrote:
I am okay paying my share of taxes, as long as everyone else is >>>>>>>> paying their
share too, and I used to think most people are like that. It's >>>>>>>> definitely
different from place to place.
If you think taxes go towards a good thing, why would it change your >>>>>>> position if others pay or don't pay? Your money still does good.
Because I am human, and humans get resentful when they feel like they >>>>>> are
being treated unfairly. (Lazarus Long had something to say about >>>>>> this.)
--scott
Lazarus Long kept on moving out further every time the tax system became >>>>> onerous. Onerous was about 2%.
Lazerous Long is a fictional character.
And your point is ?
People have always moved to new frontiers in search of less regulation and >>> more freedom.
I think the primary motivation has always been free land. And slaves to >> work it, in some cases.
D wrote:
On Wed, 22 May 2024, William Hyde wrote:
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they >>>>> happen now. It's almost as though your model does not actually reflect >>>>> reality.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact >>>>>>>> is what
they agree upon.
This being a science fiction newsgroup, let's consider your
decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? >>>>>>> Do you even
know it is there? In what sense is your consumption of Plaster >>>>>>> of Paris an
agreed upon transaction if you have no way of knowing it is there? >>>>>>>
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7
pounds of
Arsenic? For that matter, did your landlord agree to poison his
tenants when
he bought the wallpaper, or did the manufacturer keep silent on just >>>>>> how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>>>> customers. I think that is all I will say about this thought
experiment.
If you _really_ would like to seriously explore the why and how, I >>>>>> can
recommend excellent books.
Governments have killed more people that private businesses so I
think from that angle, we can say for sure that businesses are safer
and less likely to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is
what they agree upon."
And I have shown, using examples from actual history, that this is
false. Without regulation companies will sell their customers
harmful products, if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue? >>>
William Hyde
Incorrect. You are ignoring the obvious fact William, that companies
have been selling good stuff to people without killing them, without
regulation.
Most people never murder anyone, but we still have laws against murder.
Even if 95% of all companies were upright, honest companies which would
never sell a dangerous product, never neglect their worker's health,
never raid the pension fund, never pollute, never discriminate, we would still need regulations.
So in light of the above, kindly defend your assertion that we don't
need regulation, given that history tells us that some companies will
indeed compromise their consumer's health for greater profit.
And try to keep your point relevant.
William Hyde
On 5/24/2024 3:38 AM, D wrote:
On Wed, 22 May 2024, Titus G wrote:
On 21/05/24 04:04, Scott Lurndal wrote:
On 5/19/2024 1:38 PM, D wrote:
D is quoting from mises.org.
So "D" stands for Dishonest as well as Dim.
That is actually incorrect. But can you please try to at least be fun when >> it comes to insults? The above was just boring.
I feel bad for Titus. He is reusing the Dim label for you too (Titus likes to call me DimWire on occasion) as he cannot make his neurons come up with a new insult. It is junior high all over again.
Lynn
On 5/24/2024 11:59 AM, D wrote:
We have, as a world, been through three or four Peak Oil events in my
49 year career to date: 1973, 1991, 2008. We will go through more. There >>> will always be somebody who invents a wonderful new way of producing
energy.
You are always with the bad vibes ! Be happy, dude !
Lynn
Ahh... and the memory was jogged some more... it was _you_ Lynn I think who >> discussed in a long marathon thread with Scott. And yes, I'm much younger
than you and even I remember multiple peak oil predictions and they never
came true, and even if they do come true, it will not be a decline over
night, and engines do keep getting better and better, not to speak of
throwing hybrids into the mix (if we're talking the limited use case of
only cars, that is).
I used to be a Peak Oiler. But the harsh reality of real life has sponsored the human race to reinvent itself time after time. It is amazing to watch and be a part of.
Back in 2008, we were running out of natural gas again. The price of natural gas had increased from $3/mmbtu to $14/mmbtu. People were drilling all of the place and putting in gathering system pipelines for incredibly small wells that would have never been profitable before.
Several of my customers were starting to look at building coal to natural gas plants here in Texas in the middle 2000s. Texas has huge coal fields, maybe the most in the nation. This prompted us to improve the solids handling and thermodynamics in our software. Then fracking was released to the public in 2008 and the price of natural gas crashed back down to $2/mmbtu. We have enough natural gas in the USA to last for a thousand years at the current usage rates. So much natural gas that we are now shipping 25% of our natural gas production to Mexico and Canada via pipelines and to Europe and Asia via 20+ LNG plants and many ships.
Lynn
On 5/24/2024 12:14 PM, D wrote:
On Wed, 22 May 2024, Lynn McGuire wrote:
On 5/22/2024 8:45 AM, Scott Dorsey wrote:
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
You are always with the bad vibes ! Be happy, dude !
Oil is so great for lubrication and as a plastics precursor that we are >>>> going to be needing it for a very long time. It seems a shame to waste >>>> the
stuff we have just burning it for fuel.
--scott
Most plastics plants use natural gas as their main precursor. Natural gas >>> is about a fifth of the price of crude oil here in the USA. Outside the >>> USA, resource short countries such as China, Japan, and Taiwan that have >>> plastics plants are moving them to the USA since the USA natural gas price >>> is 1/10th that of the world price (LNG).
The transportation industries (train, truck, car, etc) use about 1/4 of
the distillate fuels in the USA. They are very slowly converting to
liquefied natural gas and electricity but there are many problems involved >>> with heavy LNG storage tanks and heavy batteries dropping the payload
capabilities of the vehicles. If you use 1.0 gallons of diesel then that >>> is 1.2 gallons of gasoline or 2.0 gallons of LNG. I am not sure about the >>> battery weight but the Tesla Semi has either two 250 kwh batteries (250
miles) or four 250 kwh batteries (500 miles).
If the lack of lubrication oil is very needful, we can always reverse the >>> CO2 process and make oil from the trace amount of CO2 in the air. We can >>> do this already, the current cost is around $15 to $20 per gallon (SWAG). >>> The majority of the cost is the expensive catalysts and the high energy
requirement. Also, the process makes a lot of glycerine (1/3 to 2/3)
which is usually landfilled.
Lynn
Hmm, could this be an addon to carbon capture plants coupled with solar
power?
The current carbon capture plants are a disaster. The absorption units must be made out of stainless steel since CO2 is an acid gas. That ups the cost of the carbon capture plant by 2X or 3X. The early plants used carbon steel absorbers with significant failures just three months to six months into production causing incredible cost overruns in the 3X to 4X range.
Then where do you put the high pressure mostly CO2 and water mixture ? Many of the places with high pressure disposal wells are having minor earthquakes.
Lynn
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Kevrob wrote:
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's heard >>>> of her.
Rand loathed the Libertarians, as we let into our party all sorts
of folks who loved liberty, no matter what their justification
was for that love. The Objectivist Popessa wanted everyone who agreed
with limited government to be a "Student of Objectivism." Those who
developed their own philosophical stances were accused of all sorts of
degeneracy, and/or of plagiarizing her.
https://en.wikipedia.org/wiki/Objectivism_and_libertarianism
I never understood the popularity of objectivism. It contains nothing
new and is just a collection of various strains of philosophy and
ideology that all existed way before Rand.
But I suspect she had good skills when it comes to popularizing the
already existing thoughts as well as good cult building skills.
I used to be that way.
But I grew up.
Pt
I suspect D of not being a minarchist, but an anarcho-capitalist.
I won't be starting any purges.
It depends. I'm really not a fan of labels, since if I confess to being
X, plenty of people will then fill X with what they think it means and
if that then clashes with what I think it believes we'll just talk round
each other.
Suffice to say that I hover around the
minarchist-anarcho-capitalist-libertarian-voluntarist spectrum. I think
probably the most useful thing is to ask me what I think about specific
questions.
To get back to some ObSF, what works do you find resonate? L. Neil
Smith's 'Alongside Night'? Neal Stephenson's 'Diamond Age'?
Something else?
D wrote:
On Wed, 22 May 2024, William Hyde wrote:
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they >>>>> happen now. It's almost as though your model does not actually reflect >>>>> reality.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is >>>>>>>> what
they agree upon.
This being a science fiction newsgroup, let's consider your decisions >>>>>>> when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do >>>>>>> you even
know it is there? In what sense is your consumption of Plaster of >>>>>>> Paris an
agreed upon transaction if you have no way of knowing it is there? >>>>>>>
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds of >>>>>>> Arsenic? For that matter, did your landlord agree to poison his
tenants when
he bought the wallpaper, or did the manufacturer keep silent on just >>>>>> how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>>>> customers. I think that is all I will say about this thought
experiment.
If you _really_ would like to seriously explore the why and how, I can >>>>>> recommend excellent books.
Governments have killed more people that private businesses so I think >>>> from that angle, we can say for sure that businesses are safer and less >>>> likely to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is what >>> they agree upon."
And I have shown, using examples from actual history, that this is false. >>> Without regulation companies will sell their customers harmful products, >>> if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue? >>>
William Hyde
Incorrect. You are ignoring the obvious fact William, that companies have
been selling good stuff to people without killing them, without regulation.
Most people never murder anyone, but we still have laws against murder.
Even if 95% of all companies were upright, honest companies which would never sell a dangerous product, never neglect their worker's health, never raid the pension fund, never pollute, never discriminate, we would still need regulations.
So in light of the above, kindly defend your assertion that we don't need regulation, given that history tells us that some companies will indeed compromise their consumer's health for greater profit.
And try to keep your point relevant.
William Hyde
that we do not live in the past,
When there were no regulations.
regardless of what happened in the past, that does not mean that it will be >> the future.
Kill the regulations and the past will be the future.
The world evolves and socialism
Regulated capitalism is not socialism.
has been proven not to
work and cause more death and destruction than good. Which we have
experienced in greater amounts in the western world, as the taxes grow
higher and higher.
For the US, top marginal rates in the 1950s and early 60s were above 90%. Taxes were cut in the Kennedy/Johnson administration, against strong conservative opposition.
The world is more complex than you think.
William Hyde
On 5/24/2024 12:17 PM, William Hyde wrote:
D wrote:Not to mention that the above, ethical, companies would quickly go out of business as they couldn't compete with the unethical ones....
On Wed, 22 May 2024, William Hyde wrote:
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they >>>>>> happen now. It's almost as though your model does not actually reflect >>>>>> reality.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is >>>>>>>>> what
they agree upon.
This being a science fiction newsgroup, let's consider your
decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do >>>>>>>> you even
know it is there? In what sense is your consumption of Plaster of >>>>>>>> Paris an
agreed upon transaction if you have no way of knowing it is there? >>>>>>>>
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds >>>>>>>> of
Arsenic? For that matter, did your landlord agree to poison his >>>>>>>> tenants when
he bought the wallpaper, or did the manufacturer keep silent on just >>>>>>> how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>>>>> customers. I think that is all I will say about this thought
experiment.
If you _really_ would like to seriously explore the why and how, I can >>>>>>> recommend excellent books.
Governments have killed more people that private businesses so I think >>>>> from that angle, we can say for sure that businesses are safer and less >>>>> likely to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is
what they agree upon."
And I have shown, using examples from actual history, that this is false. >>>> Without regulation companies will sell their customers harmful products, >>>> if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue? >>>>
William Hyde
Incorrect. You are ignoring the obvious fact William, that companies have >>> been selling good stuff to people without killing them, without
regulation.
Most people never murder anyone, but we still have laws against murder.
Even if 95% of all companies were upright, honest companies which would
never sell a dangerous product, never neglect their worker's health, never >> raid the pension fund, never pollute, never discriminate, we would still
need regulations.
So in light of the above, kindly defend your assertion that we don't need
regulation, given that history tells us that some companies will indeed
compromise their consumer's health for greater profit.
And try to keep your point relevant.
William Hyde
On Wed, 22 May 2024, Scott Dorsey wrote:
Lynn McGuire <lynnmcguire5@gmail.com> wrote:
You are always with the bad vibes ! Be happy, dude !
Oil is so great for lubrication and as a plastics precursor that we are
going to be needing it for a very long time. It seems a shame to waste the >> stuff we have just burning it for fuel.
Rest assured scott, if there is an economical use of it, the market will
find it! Be happy, dude! =)
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
What are you saying? I do not understand what you are saying.
There are many things that need to be in place for me to feel good about
paying taxes. Fairness in taxation is one of them. But there are many
others; if a large portion of the taxes go to funding Mr. Mobutu, I and
many others feel less good about paying taxes, for instance. Fairness in
taxation is not the only thing but it is certainly an imporant thing.
There can never be fairness in taxation, since taxation is theft. Or are
you of the opinion that what is forbidden for individuals should be
allowed by the government?
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >>> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff
products. Perhaps prosperity isn't everything? The Chinese government
values prosperity over individual safety, that is certainly clear.
I think you'll find if we remove your prosperity, that to the contrary, >safety isn't everything. Also from a quality of life and wealth point of >view, china has been doing pretty well. You should read up on the trickle >down effect and I recommend you Johan Norbergs The Capitalist Manifesto.
Read it and it will revolutionize your world and you will no longer be
able to follow socialism in a serious way. =)
On Thu, 23 May 2024, Paul S Person wrote:
The East Asian Technotrash I found in various categories on AmazonYou mean technotrash that exists in every major data center on the planet?
were mostly from mainland China. But I won't say it all is, because
this is a game anyone can play.
Or are you talking cheap toys?
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Paul S Person wrote:
The East Asian Technotrash I found in various categories on AmazonYou mean technotrash that exists in every major data center on the planet? >> Or are you talking cheap toys?
were mostly from mainland China. But I won't say it all is, because
this is a game anyone can play.
In terms of the trash in datacenters, the basic philosophy among the IT people is that it doesn't matter if equipment is built well or not beause
it will be replaced in three years anyway due to technological change.
This is what put guys like DEC out of business... nobody wanted to spend money for more solidly-built machines when they were going to discard
them long before their expected end of life.
On 25/05/2024 23:07, Scott Dorsey wrote:
D <nospam@example.net> wrote:Never dealt with Japan, have you?
On Thu, 23 May 2024, Paul S Person wrote:
The East Asian Technotrash I found in various categories on AmazonYou mean technotrash that exists in every major data center on the
were mostly from mainland China. But I won't say it all is, because
this is a game anyone can play.
planet?
Or are you talking cheap toys?
In terms of the trash in datacenters, the basic philosophy among the IT
people is that it doesn't matter if equipment is built well or not beause
it will be replaced in three years anyway due to technological change.
This is what put guys like DEC out of business... nobody wanted to spend
money for more solidly-built machines when they were going to discard
them long before their expected end of life.
I'm supporting systems there that will *not* be replaced unless and
until they collapse into a pile of rust.
Then there'll be a massive panic, because, of course, no-one is planning
on how to replace them - and yes, that has been pointed out to them, and
yes, I got into trouble.
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while europe, >>>> the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff
products. Perhaps prosperity isn't everything? The Chinese government
values prosperity over individual safety, that is certainly clear.
I think you'll find if we remove your prosperity, that to the contrary,
safety isn't everything. Also from a quality of life and wealth point of
view, china has been doing pretty well. You should read up on the trickle
down effect and I recommend you Johan Norbergs The Capitalist Manifesto.
Read it and it will revolutionize your world and you will no longer be
able to follow socialism in a serious way. =)
I mentioned this much earlier in the thread. Yes, the trickle-down effect exists, but it doesn't work the way the laissez-faire crowd thinks. If
you give money to rich people, they just get richer and richer and if there is no motive for them to invest it in the economy, they don't. It only
works when there is an actual incentive for them to invest it and make it work.
That's how Haiti got to be an isolated set of compounds owned by a few multimillionaires, who had to buy helicopters to visit one another
because they didn't want to spend money to fix the roads. (Eventually
it got to they point that they just all left the country and took their
money with them.)
This is what I see happening in the US today and it's a bad thing because
it doesn't take much change to make capitalism actually work well.
--scott
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
What are you saying? I do not understand what you are saying.
There are many things that need to be in place for me to feel good about >>> paying taxes. Fairness in taxation is one of them. But there are many >>> others; if a large portion of the taxes go to funding Mr. Mobutu, I and
many others feel less good about paying taxes, for instance. Fairness in >>> taxation is not the only thing but it is certainly an imporant thing.
There can never be fairness in taxation, since taxation is theft. Or are
you of the opinion that what is forbidden for individuals should be
allowed by the government?
Taxation is part of the social contract that you agree with to live in a
place. If you don't agree with it, that's okay, you can go live somewhere else. As long as there is somewhere else to go, you can't call operating fees a form a theft. I think this is where you have gone wrong.
--scott
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Paul S Person wrote:
The East Asian Technotrash I found in various categories on AmazonYou mean technotrash that exists in every major data center on the planet? >> Or are you talking cheap toys?
were mostly from mainland China. But I won't say it all is, because
this is a game anyone can play.
In terms of the trash in datacenters, the basic philosophy among the IT people is that it doesn't matter if equipment is built well or not beause
it will be replaced in three years anyway due to technological change.
This is what put guys like DEC out of business... nobody wanted to spend money for more solidly-built machines when they were going to discard
them long before their expected end of life.
I do find it hilarious talking to component manufacturers, though, all
of whom have special lines of disposable junk parts. Buying electrolytic capacitors you have to keep a sharp eye on the "expected lifetime" given
by the manufacturer and what temperature that lifetime is measured at.
Every day they make parts with shorter and shorter expected lifetimes
at lower and lower prices.
--scott
On Fri, 24 May 2024, Cryptoengineer wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Kevrob wrote:
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's
heard
of her.
Rand loathed the Libertarians, as we let into our party all sorts
of folks who loved liberty, no matter what their justification
was for that love. The Objectivist Popessa wanted everyone who agreed >>>> with limited government to be a "Student of Objectivism." Those who
developed their own philosophical stances were accused of all sorts of >>>> degeneracy, and/or of plagiarizing her.
https://en.wikipedia.org/wiki/Objectivism_and_libertarianism
I never understood the popularity of objectivism. It contains nothing
new and is just a collection of various strains of philosophy and
ideology that all existed way before Rand.
But I suspect she had good skills when it comes to popularizing the
already existing thoughts as well as good cult building skills.
I used to be that way.
But I grew up.
Pt
I suspect D of not being a minarchist, but an anarcho-capitalist.
I won't be starting any purges.
It depends. I'm really not a fan of labels, since if I confess to being
X, plenty of people will then fill X with what they think it means and
if that then clashes with what I think it believes we'll just talk round >>> each other.
Suffice to say that I hover around the
minarchist-anarcho-capitalist-libertarian-voluntarist spectrum. I think
probably the most useful thing is to ask me what I think about specific
questions.
To get back to some ObSF, what works do you find resonate? L. Neil
Smith's 'Alongside Night'? Neal Stephenson's 'Diamond Age'?
Something else?
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van
Rijn books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
On Sat, 25 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while
europe,
the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff >>>> products. Perhaps prosperity isn't everything? The Chinese government >>>> values prosperity over individual safety, that is certainly clear.
I think you'll find if we remove your prosperity, that to the contrary,
safety isn't everything. Also from a quality of life and wealth point of >>> view, china has been doing pretty well. You should read up on the
trickle
down effect and I recommend you Johan Norbergs The Capitalist Manifesto. >>> Read it and it will revolutionize your world and you will no longer be
able to follow socialism in a serious way. =)
I mentioned this much earlier in the thread. Yes, the trickle-down
effect
exists, but it doesn't work the way the laissez-faire crowd thinks. If
you give money to rich people, they just get richer and richer and if
there
is no motive for them to invest it in the economy, they don't. It only
works when there is an actual incentive for them to invest it and make it
work.
Even if it just sits in the bank, it is still doing good.
That's how Haiti got to be an isolated set of compounds owned by a few
multimillionaires, who had to buy helicopters to visit one another
because they didn't want to spend money to fix the roads. (Eventually
it got to they point that they just all left the country and took their
money with them.)
This is what I see happening in the US today and it's a bad thing because
it doesn't take much change to make capitalism actually work well.
--scott
The trickle down works over time. By zooming in to a specific country
over a few years you won't see it as clearly. Zoom out and check
economic development over let's say 50 years, and you'll see if globally.
On Sat, 25 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
What are you saying? I do not understand what you are saying.
There are many things that need to be in place for me to feel good
about
paying taxes. Fairness in taxation is one of them. But there are >>>> many
others; if a large portion of the taxes go to funding Mr. Mobutu, I and >>>> many others feel less good about paying taxes, for instance.
Fairness in
taxation is not the only thing but it is certainly an imporant thing.
There can never be fairness in taxation, since taxation is theft. Or are >>> you of the opinion that what is forbidden for individuals should be
allowed by the government?
Taxation is part of the social contract that you agree with to live in a
That' incorrect. I have never signed such a contract based on free,
informed consent. And anything which is not based on free, informed
consent, is not a contract.
I won't agree to any other definitions of that term.
place. If you don't agree with it, that's okay, you can go live
somewhere
else. As long as there is somewhere else to go, you can't call operating >> fees a form a theft. I think this is where you have gone wrong.
Nope. You are shifting the blame to the victim. I have the most right to
my piece of land, that I use and have paid for and no one else. If a
bully comes (the government), I fight back. It's absurd to say... oh,
you can just leave, that is siding with evil.
So far my fight has pushed down my taxes to about 9% to 14%, but I hope
to be able to push it down further still.
--scott
On 5/25/2024 6:06 AM, D wrote:
On Fri, 24 May 2024, Cryptoengineer wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Kevrob wrote:
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's >>>>>> heard
of her.
Rand loathed the Libertarians, as we let into our party all sorts
of folks who loved liberty, no matter what their justification
was for that love. The Objectivist Popessa wanted everyone who agreed >>>>> with limited government to be a "Student of Objectivism." Those who
developed their own philosophical stances were accused of all sorts of >>>>> degeneracy, and/or of plagiarizing her.
https://en.wikipedia.org/wiki/Objectivism_and_libertarianism
I never understood the popularity of objectivism. It contains nothing
new and is just a collection of various strains of philosophy and
ideology that all existed way before Rand.
But I suspect she had good skills when it comes to popularizing the
already existing thoughts as well as good cult building skills.
I used to be that way.
But I grew up.
Pt
I suspect D of not being a minarchist, but an anarcho-capitalist.
I won't be starting any purges.
It depends. I'm really not a fan of labels, since if I confess to being >>>> X, plenty of people will then fill X with what they think it means and >>>> if that then clashes with what I think it believes we'll just talk round >>>> each other.
Suffice to say that I hover around the
minarchist-anarcho-capitalist-libertarian-voluntarist spectrum. I think >>>> probably the most useful thing is to ask me what I think about specific >>>> questions.
To get back to some ObSF, what works do you find resonate? L. Neil
Smith's 'Alongside Night'? Neal Stephenson's 'Diamond Age'?
Something else?
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
You mean WtL isn't?
To crib from a comment made about the Foundation series (by the not-so-good Doctor?) the Science in Atlas Shrugged, as a science fiction novel
isn't metallurgy (Rearden Metal) or John Galt's static electricity moto. It is philosophy.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and Heinlein >> as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn
books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Have you tried the late L Neil Smith's work?
D wrote:
On Fri, 24 May 2024, Cryptoengineer wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Kevrob wrote:
Sign.... D is a libertarian, and would be a fan of Ayn Rand if he's >>>>>> heard
of her.
Rand loathed the Libertarians, as we let into our party all sorts
of folks who loved liberty, no matter what their justification
was for that love. The Objectivist Popessa wanted everyone who agreed >>>>> with limited government to be a "Student of Objectivism." Those who
developed their own philosophical stances were accused of all sorts of >>>>> degeneracy, and/or of plagiarizing her.
https://en.wikipedia.org/wiki/Objectivism_and_libertarianism
I never understood the popularity of objectivism. It contains nothing
new and is just a collection of various strains of philosophy and
ideology that all existed way before Rand.
But I suspect she had good skills when it comes to popularizing the
already existing thoughts as well as good cult building skills.
I used to be that way.
But I grew up.
Pt
I suspect D of not being a minarchist, but an anarcho-capitalist.
I won't be starting any purges.
It depends. I'm really not a fan of labels, since if I confess to being >>>> X, plenty of people will then fill X with what they think it means and >>>> if that then clashes with what I think it believes we'll just talk round >>>> each other.
Suffice to say that I hover around the
minarchist-anarcho-capitalist-libertarian-voluntarist spectrum. I think >>>> probably the most useful thing is to ask me what I think about specific >>>> questions.
To get back to some ObSF, what works do you find resonate? L. Neil
Smith's 'Alongside Night'? Neal Stephenson's 'Diamond Age'?
Something else?
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and Heinlein >> as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn
books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ken MacLeod's "The Stone Canal" is a portrait of a libertarian society that works. Even has the kind of courts you favor. It is a companion novel to his "The Cassini Division" a portrait of a communist society that works.
When I say "works" I mean that both persist despite serious external threats. Neither is a paradise.
Somewhere in the archives there is a thousand post discussion of the book. Best avoided.
William Hyde
D wrote:
On Fri, 24 May 2024, William Hyde wrote:
D wrote:
On Wed, 22 May 2024, William Hyde wrote:
D wrote:
On Tue, 21 May 2024, James Nicoll wrote:
In article <44938613-85d8-1f1d-4bd6-88f47993161e@example.net>,
D <nospam@example.net> wrote:
And yet, not only did such things frequently happen in the past, they >>>>>>> happen now. It's almost as though your model does not actually reflect >>>>>>> reality.
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact is >>>>>>>>>> what
they agree upon.
This being a science fiction newsgroup, let's consider your >>>>>>>>> decisions when
you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do >>>>>>>>> you even
know it is there? In what sense is your consumption of Plaster of >>>>>>>>> Paris an
agreed upon transaction if you have no way of knowing it is there? >>>>>>>>>
Full of nourishing wheat with extra chalk, you rent a room in a new >>>>>>>> building
with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds >>>>>>>>> of
Arsenic? For that matter, did your landlord agree to poison his >>>>>>>>> tenants when
he bought the wallpaper, or did the manufacturer keep silent on just >>>>>>>> how much
Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison your >>>>>>>> customers. I think that is all I will say about this thought
experiment.
If you _really_ would like to seriously explore the why and how, I >>>>>>>> can
recommend excellent books.
Governments have killed more people that private businesses so I think >>>>>> from that angle, we can say for sure that businesses are safer and less >>>>>> likely to kill their customers.
You said above:
" The only regulation that is necessary for two people to transact is >>>>> what they agree upon."
And I have shown, using examples from actual history, that this is
false. Without regulation companies will sell their customers harmful >>>>> products, if it increases, or is believed to increase, profits.
Anything relevant to say about that? Or will you again evade the issue? >>>>>
William Hyde
Incorrect. You are ignoring the obvious fact William, that companies have >>>> been selling good stuff to people without killing them, without
regulation.
Most people never murder anyone, but we still have laws against murder.
Even if 95% of all companies were upright, honest companies which would
never sell a dangerous product, never neglect their worker's health, never >>> raid the pension fund, never pollute, never discriminate, we would still >>> need regulations.
So in light of the above, kindly defend your assertion that we don't need >>> regulation, given that history tells us that some companies will indeed
compromise their consumer's health for greater profit.
And try to keep your point relevant.
William Hyde
Given the fact, that, as you say, most companies do alright anyway,
When regulated, yes.
regulations cause more harm than good.
This is an unsupported assertion.
"Given the fact that most people do not murder, laws against murder cause more harm than good" Just as valid.
The proof is to look at a 100% regulated society like the soviet union.
That's called a straw man argument, a logical fallacy.
I am not advocating that we become the USSR. I am pointing out matters of fact, that many companies do harm unless regulated.
I recommend reading Jan Narvesons You and the state for a good in depth
analysis of this. Other classics are Friedmans Machinery of freedom. For a >> more statistical book about the blessings of capitalism, I recommend Johan >> Norbergs the capitalist manifesto.
Once again, you fail to support your assertion. I give facts, you blather on about books you have read and try to distract the discussion with irrelevancies.
You made a claim. I presented contrary evidence. You will not or cannot deal with that.
No need to reply unless you have something relevant to say.
William Hyde
On 5/25/2024 1:54 PM, D wrote:
On Sat, 25 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
And yet here we are, and China is more prosperous than ever, while >>>>>> europe,
the master of regulations is sliding down into socialism.
Yes, and yet China has become famous for manufacturing unsafe knockoff >>>>> products. Perhaps prosperity isn't everything? The Chinese government >>>>> values prosperity over individual safety, that is certainly clear.
I think you'll find if we remove your prosperity, that to the contrary, >>>> safety isn't everything. Also from a quality of life and wealth point of >>>> view, china has been doing pretty well. You should read up on the trickle >>>> down effect and I recommend you Johan Norbergs The Capitalist Manifesto. >>>> Read it and it will revolutionize your world and you will no longer be >>>> able to follow socialism in a serious way. =)
I mentioned this much earlier in the thread. Yes, the trickle-down effect >>> exists, but it doesn't work the way the laissez-faire crowd thinks. If >>> you give money to rich people, they just get richer and richer and if
there
is no motive for them to invest it in the economy, they don't. It only >>> works when there is an actual incentive for them to invest it and make it >>> work.
Even if it just sits in the bank, it is still doing good.
That's how Haiti got to be an isolated set of compounds owned by a few
multimillionaires, who had to buy helicopters to visit one another
because they didn't want to spend money to fix the roads. (Eventually
it got to they point that they just all left the country and took their
money with them.)
This is what I see happening in the US today and it's a bad thing because >>> it doesn't take much change to make capitalism actually work well.
--scott
The trickle down works over time. By zooming in to a specific country over >> a few years you won't see it as clearly. Zoom out and check economic
development over let's say 50 years, and you'll see if globally.
Make the effective tax rate on the wealthiest too high and you encourage capital flight.
https://en.wikipedia.org/wiki/Capital_flight
It doesn't help a country much if that money is in a bank in a tax haven. If you are an 800-lb gorilla like the USA, you just declare
all money an American earns anywhere taxable {with some exclusions.}
[ https://www.irs.gov/individuals/international-taxpayers/figuring-the-foreign-earned-income-exclusion
]
On 5/25/2024 1:56 PM, D wrote:
On Sat, 25 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:
On Thu, 23 May 2024, Scott Dorsey wrote:
D <nospam@example.net> wrote:There can never be fairness in taxation, since taxation is theft. Or are >>>> you of the opinion that what is forbidden for individuals should be
What are you saying? I do not understand what you are saying.
There are many things that need to be in place for me to feel good about >>>>> paying taxes. Fairness in taxation is one of them. But there are many
others; if a large portion of the taxes go to funding Mr. Mobutu, I and >>>>> many others feel less good about paying taxes, for instance. Fairness >>>>> in
taxation is not the only thing but it is certainly an imporant thing. >>>>
allowed by the government?
Taxation is part of the social contract that you agree with to live in a
That' incorrect. I have never signed such a contract based on free,
informed consent. And anything which is not based on free, informed
consent, is not a contract.
I won't agree to any other definitions of that term.
place. If you don't agree with it, that's okay, you can go live somewhere >>> else. As long as there is somewhere else to go, you can't call operating >>> fees a form a theft. I think this is where you have gone wrong.
Nope. You are shifting the blame to the victim. I have the most right to my >> piece of land, that I use and have paid for and no one else. If a bully
comes (the government), I fight back. It's absurd to say... oh, you can
just leave, that is siding with evil.
So far my fight has pushed down my taxes to about 9% to 14%, but I hope to >> be able to push it down further still.
--scott
US Citizens have to pay to expatriate.
https://www.irs.gov/individuals/international-taxpayers/expatriation-tax
The trickle down works over time. By zooming in to a specific country
over a few years you won't see it as clearly. Zoom out and check
economic development over let's say 50 years, and you'll see if globally.
Make the effective tax rate on the wealthiest too high and you encourage >capital flight.
It doesn't help a country much if that money is in a bank in a tax
haven. If you are an 800-lb gorilla like the USA, you just declare
all money an American earns anywhere taxable {with some exclusions.}
In terms of the US, I think the most common thing for the rich is to >incorporate themselves, and that way they avoid the IRS. I imagine that >plenty of US billionaires could also move to the caribbean for inheritance >purposes as well, for a few years, and then return home.
D <nospam@example.net> wrote:
In terms of the US, I think the most common thing for the rich is to
incorporate themselves, and that way they avoid the IRS. I imagine that
plenty of US billionaires could also move to the caribbean for inheritance >> purposes as well, for a few years, and then return home.
This works, but it's better to have multiple small corporations owning your assets rather than one big one.
And yes, we do have plenty of rich Americans who have taken foreign citizenship (Aruba is very popular and pleasant to visit as well, but
some prefer Panama) in order to avoid taxes. I am not really sure how
I feel about this. On one hand it seems an honest solution and on another
it seems not to be.
--scott
In article <v2tmmb$324j6$1@dont-email.me>, Kevrob <kjrobinson@mail.com> wrote:
On 5/25/2024 1:54 PM, D wrote:
Make the effective tax rate on the wealthiest too high and you encourage
The trickle down works over time. By zooming in to a specific country
over a few years you won't see it as clearly. Zoom out and check
economic development over let's say 50 years, and you'll see if globally. >>
capital flight.
Yes, and make it too low and you get hoarding. It's more complicated than
that too, because a flat across-the-board tax has problems, while having
a higher rate but with deductions targeted at the wealthy has a different
set of problems. Designing deductions to encourage investment is a difficult problem and people have written books about it.
It doesn't help a country much if that money is in a bank in a tax
haven. If you are an 800-lb gorilla like the USA, you just declare
all money an American earns anywhere taxable {with some exclusions.}
That looks good but doesn't really work because people with enough money
for lawyers find ways to hide it and people without enough money but
who live and work abroad can't afford to. The American system is a severe problem for middle-income American expats and doesn't seem to do much
to get billionaires to pay their taxes.
--scott
Never dealt with Japan, have you?
I'm supporting systems there that will *not* be replaced unless and
until they collapse into a pile of rust.
Then there'll be a massive panic, because, of course, no-one is planning
on how to replace them - and yes, that has been pointed out to them, and
yes, I got into trouble.
On 25/05/2024 05.06, D wrote:
On Fri, 24 May 2024, Cryptoengineer wrote:
D <nospam@example.net> wrote:
Suffice to say that I hover around the
minarchist-anarcho-capitalist-libertarian-voluntarist spectrum. I think >>>> probably the most useful thing is to ask me what I think about specific >>>> questions.
To get back to some ObSF, what works do you find resonate? L. Neil
Smith's 'Alongside Night'? Neal Stephenson's 'Diamond Age'?
Something else?
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
<https://www.goodreads.com/quotes/366635-there-are-two-novels-that-can-change-a-bookish-fourteen-year>
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of >>course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of
the free power technology has some SF elements. I have to admit that I
liked the book even though it was totally unrealistic. However, it has a
bad reputation because of the number of people who believe it could come
true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they
have the general perception that miraculous technologies DO drop from the
sky because they never see the enormous effort in developing them and only >see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >>books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
In article <v34o3q$seb$1@panix2.panix.com>,
Scott Dorsey <kludge@panix.com> wrote:
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of
the free power technology has some SF elements. I have to admit that I
liked the book even though it was totally unrealistic. However, it has a
bad reputation because of the number of people who believe it could come
true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they
have the general perception that miraculous technologies DO drop from the
sky because they never see the enormous effort in developing them and only >> see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >>> books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
Kritzer's Liberty's Child is about a teen who lives in a utopian
libertarian seastead.
Marcia Martin and Eric Vinicoff's The Weigher details first contact
between humans and some obligately libertarian aliens.
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of
course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of
the free power technology has some SF elements. I have to admit that I
liked the book even though it was totally unrealistic. However, it has a
bad reputation because of the number of people who believe it could come
true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they
have the general perception that miraculous technologies DO drop from the
sky because they never see the enormous effort in developing them and only see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn
books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
--scott
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples,
of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples,
of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
Several of my customers were starting to look at building coal to
natural gas plants here in Texas in the middle 2000s. Texas has huge
coal fields, maybe the most in the nation. This prompted us to improve
the solids handling and thermodynamics in our software. Then fracking
was released to the public in 2008 and the price of natural gas crashed
back down to $2/mmbtu. We have enough natural gas in the USA to last
for a thousand years at the current usage rates. So much natural gas
that we are now shipping 25% of our natural gas production to Mexico and >Canada via pipelines and to Europe and Asia via 20+ LNG plants and many >ships.
In article <v34o3q$seb$1@panix2.panix.com>,
Scott Dorsey <kludge@panix.com> wrote:
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of >>>course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of >>the free power technology has some SF elements. I have to admit that I >>liked the book even though it was totally unrealistic. However, it has a >>bad reputation because of the number of people who believe it could come >>true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they >>have the general perception that miraculous technologies DO drop from the >>sky because they never see the enormous effort in developing them and only >>see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and >>>Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >>>books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
Kritzer's Liberty's Child is about a teen who lives in a utopian
libertarian seastead.
Marcia Martin and Eric Vinicoff's The Weigher details first contact
between humans and some obligately libertarian aliens.
Canadian natural gas has a lot of H2S in it that requires very expensive >treatments, mostly using the SCOT process or the new absorbents to a
point. The new natural gas wells in the USA from fracking shale
formations have very little H2S in them.
So, much Canadian natural gas has been replaced with cheaper USA natural
gas. The marketplace is all determining until the governments mess with it.
Lynn
I'm surprised no one has mentioned the Prometheus awards, honoring >libertarian science fiction.
https://www.lfs.org/awards.shtml
They have 2 awards yearly since about 1980; one for the current year
and one for all-time Hall of Fame.
On 2024-05-28, James Nicoll <jdnicoll@panix.com> wrote:
In article <v34o3q$seb$1@panix2.panix.com>,
Scott Dorsey <kludge@panix.com> wrote:
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of >>>>course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of >>>the free power technology has some SF elements. I have to admit that I >>>liked the book even though it was totally unrealistic. However, it has a >>>bad reputation because of the number of people who believe it could come >>>true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they >>>have the general perception that miraculous technologies DO drop from the >>>sky because they never see the enormous effort in developing them and only >>>see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and >>>>Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >>>>books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
Kritzer's Liberty's Child is about a teen who lives in a utopian
libertarian seastead.
Marcia Martin and Eric Vinicoff's The Weigher details first contact
between humans and some obligately libertarian aliens.
I'm surprised no one has mentioned the Prometheus awards, honoring >libertarian science fiction.
https://www.lfs.org/awards.shtml
They have 2 awards yearly since about 1980; one for the current year
and one for all-time Hall of Fame.
On Sat, 18 May 2024, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware we have anything resembling capitalism. What we have today is >>> a plan economy with government calling the shots, which is far fromThe implication of what you're saying is that living at the peak of
capitalism. Many billionaires are the ones who are the most cosy with
politicians.
As for who the wealth belongs to and the benefits for the population at
large, note that we are living at a high peak of civilization compared with >>> 100 years ago on all scales, infant mortality, wealth, quality of life etc. >>
civilization is strongly correlated with having a planned economy
rather than capitalism.
That can be explained in two ways.
1. What we enjoy now, was built up during times of much lower taxes and
much fewer regulations.
On Sat, 18 May 2024 22:18:25 +0200, D <nospam@example.net> wrote:
When were these times of much lower taxes?
On Sat, 18 May 2024, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware we have anything resembling capitalism. What we have today is
a plan economy with government calling the shots, which is far from
capitalism. Many billionaires are the ones who are the most cosy with
politicians.
As for who the wealth belongs to and the benefits for the population at >>>> large, note that we are living at a high peak of civilization compared with
100 years ago on all scales, infant mortality, wealth, quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
That can be explained in two ways.
1. What we enjoy now, was built up during times of much lower taxes and
much fewer regulations.
and a large part of the reason there's more regulation is because
companies consistently do things like pouring toxic waste into streams without it
On 2024-05-28, James Nicoll <jdnicoll@panix.com> wrote:
In article <v34o3q$seb$1@panix2.panix.com>,
Scott Dorsey <kludge@panix.com> wrote:
D <nospam@example.net> wrote:
Well, I do like Rands Atlas Shrugged and We the living, but that is of >>>> course not SF.
I'd call Atlas Shrugged more fantasy than SF, but the deus ex machina of >>> the free power technology has some SF elements. I have to admit that I
liked the book even though it was totally unrealistic. However, it has a >>> bad reputation because of the number of people who believe it could come >>> true and that miraculous technologies just drop from the sky.
Although, now that I think about it, I think that for most people, they
have the general perception that miraculous technologies DO drop from the >>> sky because they never see the enormous effort in developing them and only >>> see them when they arrive complete and functional on the market.
In terms of SF, Neal Stephenson I appreciate, the early stuff, and
Heinlein as well. The moon is a harsh mistress is good.
Ohh... and then there was another one... Poul Andersons Nicholas van Rijn >>>> books, those are quite nice as well. =)
Anything else, based on that, you could recommend?
Ever read the Gateway series by Pohl?
Kritzer's Liberty's Child is about a teen who lives in a utopian
libertarian seastead.
Marcia Martin and Eric Vinicoff's The Weigher details first contact
between humans and some obligately libertarian aliens.
I'm surprised no one has mentioned the Prometheus awards, honoring libertarian science fiction.
https://www.lfs.org/awards.shtml
They have 2 awards yearly since about 1980; one for the current year
and one for all-time Hall of Fame.
The current year award is somewhat uneven. I've only read about
half of them, and there's only one strong Favorite bookcase among them
(_A Deepness in the Sky_) though several near-Favorites.
The Hall of Fame winners are much stronger. I've read a vast majority, with at least 10 solid Favorites and many other good books.
Chris
On Sat, 18 May 2024 22:18:25 +0200, D <nospam@example.net> wrote:
When were these times of much lower taxes?
On Sat, 18 May 2024, Michael F. Stemper wrote:
On 17/05/2024 15.31, D wrote:
I was unaware we have anything resembling capitalism. What we have today is
a plan economy with government calling the shots, which is far from
capitalism. Many billionaires are the ones who are the most cosy with >>>> politicians.
As for who the wealth belongs to and the benefits for the population at >>>> large, note that we are living at a high peak of civilization compared with
100 years ago on all scales, infant mortality, wealth, quality of life etc.
The implication of what you're saying is that living at the peak of
civilization is strongly correlated with having a planned economy
rather than capitalism.
That can be explained in two ways.
1. What we enjoy now, was built up during times of much lower taxes and >>much fewer regulations.
and a large part of the reason there's more regulation is because
companies consistently do things like pouring toxic waste into streams >without it
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples, >>>> of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given
it was the 1930s - and over a certain amount he wanted to tax 100%)
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then taxing
the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples, >>>> of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
I think some form of UBI is the only sustainable solution.
The essential problem with this of course is that it assumes zero
immigration since the housing market would otherwise be completely
dominated by those from abroad who had bought more than 48k with them.
Thus making the housing market in metropolitain areas even more
unbearable than it presently is.
After all you're talking taxing INCOME not CAPITAL.
On Tue, 28 May 2024 11:51:23 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then taxing >>>>> the heck out of any income over $48K might work. Particularly as
people lose interest in working and robots take over their jobs. It
could even use a single rate, applicable to all, since those not
making very much would be making their $48K ($96K for married couples, >>>>> of course, plus $48K for each dependent). At last! A single-rate
proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given
it was the 1930s - and over a certain amount he wanted to tax 100%)
I have sometimes toyed with the idea that, given such a scheme, the
tax rate should be set at /what is needed to balance the budget/ plus
pay 10% of the National Debt off. But there are obvious problems:
1. Actually paying the National Debt off might not be that good an
idea. But paying it down to a reasonable goal might be.
2. Republicans would squeal like stuck pigs. OK, /that's/ nothing new,
but the National Debt is their only weapon to destroy Social Security
with, and actually reducing it is something they would never tolerate.
3. Democrats wouldn't use the extra to pay off the National Debt;
they'd just spend it. Eventually, the rate needed would exceed 100%,
which is clearly a non-starter.
So, while what I proposed above might help with some things, it won't
help with others. OTOH, in 100 years, say, when 99% of current jobs
are held by machines, /some/ method of keeping the Rest of Us alive
and distributing the goods will be needed.
On 5/30/2024 11:18 AM, Dimensional Traveler wrote:
On 5/29/2024 9:12 AM, Paul S Person wrote:
On Tue, 28 May 2024 11:51:23 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then
taxing
the heck out of any income over $48K might work. Particularly as >>>>>>> people lose interest in working and robots take over their jobs. It >>>>>>> could even use a single rate, applicable to all, since those not >>>>>>> making very much would be making their $48K ($96K for married
couples,
of course, plus $48K for each dependent). At last! A single-rate >>>>>>> proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given
it was the 1930s - and over a certain amount he wanted to tax 100%)
I have sometimes toyed with the idea that, given such a scheme, the
tax rate should be set at /what is needed to balance the budget/ plus
pay 10% of the National Debt off. But there are obvious problems:
1. Actually paying the National Debt off might not be that good an
idea. But paying it down to a reasonable goal might be.
2. Republicans would squeal like stuck pigs. OK, /that's/ nothing new,
but the National Debt is their only weapon to destroy Social Security
with, and actually reducing it is something they would never tolerate.
3. Democrats wouldn't use the extra to pay off the National Debt;
they'd just spend it. Eventually, the rate needed would exceed 100%,
which is clearly a non-starter.
So, while what I proposed above might help with some things, it won't
help with others. OTOH, in 100 years, say, when 99% of current jobs
are held by machines, /some/ method of keeping the Rest of Us alive
and distributing the goods will be needed.
But will the people owning the machines doing 99% of the work agree?
This is going to be a serious challenge, and its not the people *owning*
the machines, as it is the people *controlling* them.
How long before the Morlocks decide they don't need so many Eloi,
even if they're the stockholders, and can't be eaten?
[Yes, I know this plays into conspiretard theories about Population Reduction.]
On 5/30/2024 10:49 AM, Cryptoengineer wrote:
On 5/30/2024 11:18 AM, Dimensional Traveler wrote:
On 5/29/2024 9:12 AM, Paul S Person wrote:
On Tue, 28 May 2024 11:51:23 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then >>>>>>>> taxing
the heck out of any income over $48K might work. Particularly as >>>>>>>> people lose interest in working and robots take over their jobs. It >>>>>>>> could even use a single rate, applicable to all, since those not >>>>>>>> making very much would be making their $48K ($96K for married
couples,
of course, plus $48K for each dependent). At last! A single-rate >>>>>>>> proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given >>>>> it was the 1930s - and over a certain amount he wanted to tax 100%)
I have sometimes toyed with the idea that, given such a scheme, the
tax rate should be set at /what is needed to balance the budget/ plus
pay 10% of the National Debt off. But there are obvious problems:
1. Actually paying the National Debt off might not be that good an
idea. But paying it down to a reasonable goal might be.
2. Republicans would squeal like stuck pigs. OK, /that's/ nothing new, >>>> but the National Debt is their only weapon to destroy Social Security
with, and actually reducing it is something they would never tolerate. >>>> 3. Democrats wouldn't use the extra to pay off the National Debt;
they'd just spend it. Eventually, the rate needed would exceed 100%,
which is clearly a non-starter.
So, while what I proposed above might help with some things, it won't
help with others. OTOH, in 100 years, say, when 99% of current jobs
are held by machines, /some/ method of keeping the Rest of Us alive
and distributing the goods will be needed.
But will the people owning the machines doing 99% of the work agree?
This is going to be a serious challenge, and its not the people *owning*
the machines, as it is the people *controlling* them.
How long before the Morlocks decide they don't need so many Eloi,
even if they're the stockholders, and can't be eaten?
[Yes, I know this plays into conspiretard theories about Population
Reduction.]
pt
Depends on how many guns that the Eloi have.
On 5/30/2024 8:49 AM, Cryptoengineer wrote:
On 5/30/2024 11:18 AM, Dimensional Traveler wrote:One suspects that the biggest problem with such theories is that they >involve the conspirators actively pursuing a reduction rather then just
On 5/29/2024 9:12 AM, Paul S Person wrote:
On Tue, 28 May 2024 11:51:23 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com>
wrote:
OTOH, sending every adult in the country, say, $4K/mo and then >>>>>>>> taxing
the heck out of any income over $48K might work. Particularly as >>>>>>>> people lose interest in working and robots take over their jobs. It >>>>>>>> could even use a single rate, applicable to all, since those not >>>>>>>> making very much would be making their $48K ($96K for married >>>>>>>> couples,
of course, plus $48K for each dependent). At last! A single-rate >>>>>>>> proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given >>>>> it was the 1930s - and over a certain amount he wanted to tax 100%)
I have sometimes toyed with the idea that, given such a scheme, the
tax rate should be set at /what is needed to balance the budget/ plus
pay 10% of the National Debt off. But there are obvious problems:
1. Actually paying the National Debt off might not be that good an
idea. But paying it down to a reasonable goal might be.
2. Republicans would squeal like stuck pigs. OK, /that's/ nothing new, >>>> but the National Debt is their only weapon to destroy Social Security
with, and actually reducing it is something they would never tolerate. >>>> 3. Democrats wouldn't use the extra to pay off the National Debt;
they'd just spend it. Eventually, the rate needed would exceed 100%,
which is clearly a non-starter.
So, while what I proposed above might help with some things, it won't
help with others. OTOH, in 100 years, say, when 99% of current jobs
are held by machines, /some/ method of keeping the Rest of Us alive
and distributing the goods will be needed.
But will the people owning the machines doing 99% of the work agree?
This is going to be a serious challenge, and its not the people *owning*
the machines, as it is the people *controlling* them.
How long before the Morlocks decide they don't need so many Eloi,
even if they're the stockholders, and can't be eaten?
[Yes, I know this plays into conspiretard theories about Population
Reduction.]
not caring to stop it from happening over time by neglect.
On 5/31/2024 11:02 AM, Dimensional Traveler wrote:
On 5/30/2024 3:06 PM, Lynn McGuire wrote:
On 5/30/2024 10:49 AM, Cryptoengineer wrote:And if the Morlocks who control the manufacture of guns and ammunition
On 5/30/2024 11:18 AM, Dimensional Traveler wrote:
On 5/29/2024 9:12 AM, Paul S Person wrote:
On Tue, 28 May 2024 11:51:23 -0700, The Horny Goat <lcraver@home.ca> >>>>>> wrote:
On Thu, 23 May 2024 02:24:03 -0400, Kevrob <kjrobinson@mail.com> >>>>>>> wrote:I have sometimes toyed with the idea that, given such a scheme, the >>>>>> tax rate should be set at /what is needed to balance the budget/ plus >>>>>> pay 10% of the National Debt off. But there are obvious problems:
OTOH, sending every adult in the country, say, $4K/mo and then >>>>>>>>>> taxing
the heck out of any income over $48K might work. Particularly as >>>>>>>>>> people lose interest in working and robots take over their >>>>>>>>>> jobs. It
could even use a single rate, applicable to all, since those not >>>>>>>>>> making very much would be making their $48K ($96K for married >>>>>>>>>> couples,
of course, plus $48K for each dependent). At last! A single-rate >>>>>>>>>> proposal that everyone can support!
Sounds like Huey Long's old proposal (smaller numbers of course given >>>>>>> it was the 1930s - and over a certain amount he wanted to tax 100%) >>>>>>
1. Actually paying the National Debt off might not be that good an >>>>>> idea. But paying it down to a reasonable goal might be.
2. Republicans would squeal like stuck pigs. OK, /that's/ nothing new, >>>>>> but the National Debt is their only weapon to destroy Social Security >>>>>> with, and actually reducing it is something they would never tolerate. >>>>>> 3. Democrats wouldn't use the extra to pay off the National Debt;
they'd just spend it. Eventually, the rate needed would exceed 100%, >>>>>> which is clearly a non-starter.
So, while what I proposed above might help with some things, it won't >>>>>> help with others. OTOH, in 100 years, say, when 99% of current jobs >>>>>> are held by machines, /some/ method of keeping the Rest of Us alive >>>>>> and distributing the goods will be needed.
But will the people owning the machines doing 99% of the work agree?
This is going to be a serious challenge, and its not the people *owning* >>>> the machines, as it is the people *controlling* them.
How long before the Morlocks decide they don't need so many Eloi,
even if they're the stockholders, and can't be eaten?
[Yes, I know this plays into conspiretard theories about Population
Reduction.]
pt
Depends on how many guns that the Eloi have.
continue to supply the Eloi....
Yes. Actual power lies in the hands of those who can make and do
things. People who only consume, and don't produce, exist by the
tolerance of the former.
This is fine when there's bonds of affection between one and the
other - parent to child, adult to retired parent, or disabled
relative, but when the means of sustainment of non-productive
people is drawn from society as a whole, those who provide
will start to wonder just why they bother.
We're starting to see more calls to cut back Social Security
and other entitlements. I expect this will increase, more
rapidly as the demographic crisis in developed countries
starts to bite.
On 31/05/2024 10.27, Cryptoengineer wrote:
On 5/31/2024 11:02 AM, Dimensional Traveler wrote:
On 5/30/2024 3:06 PM, Lynn McGuire wrote:
On 5/30/2024 10:49 AM, Cryptoengineer wrote:
On 5/30/2024 11:18 AM, Dimensional Traveler wrote:
I really wonder whether the ObSFW for this is the "A", "B", and "C" Arks of the Golgafrinchans or the road operators/mechanics in RAHS' "The RoadsAnd if the Morlocks who control the manufacture of guns andBut will the people owning the machines doing 99% of the work agree? >>>>>This is going to be a serious challenge, and its not the people
*owning*
the machines, as it is the people *controlling* them.
How long before the Morlocks decide they don't need so many Eloi,
even if they're the stockholders, and can't be eaten?
[Yes, I know this plays into conspiretard theories about Population
Reduction.]
Depends on how many guns that the Eloi have.
ammunition continue to supply the Eloi....
Yes. Actual power lies in the hands of those who can make and do
things. People who only consume, and don't produce, exist by the
tolerance of the former.
Must Roll".
Yes. Actual power lies in the hands of those who can make and doI really wonder whether the ObSFW for this is the "A", "B", and "C" Arks of >the Golgafrinchans or the road operators/mechanics in RAHS' "The Roads
things. People who only consume, and don't produce, exist by the
tolerance of the former.
Must Roll".
The name of the story is "A Sound of Thunder".
It was written by Ray Bradbury. You're welcome.
D wrote:
On Tue, 21 May 2024, William Hyde wrote:
D wrote:
On Mon, 20 May 2024, William Hyde wrote:
D wrote:
The only regulation that is necessary for two people to transact
is what they agree upon.
This being a science fiction newsgroup, let's consider your
decisions when you are sent back to London in 1870.
You are hungry, and want some bread.
Which of the following do you expect to find in your bread?
(1) Grain
(2) Yeast
(3) Chalk
(4) Alum
(5) Plaster of Paris.
Do you "agree" with the bakery that you want Alum in your bread? Do
you even know it is there? In what sense is your consumption of
Plaster of Paris an agreed upon transaction if you have no way of
knowing it is there?
Full of nourishing wheat with extra chalk, you rent a room in a
new building with cheerful bright wallpaper.
How much Arsenic is in the room?
(1) Trace amounts
(2) One pound
(3) Two pounds
(4) Three pounds
(5) Four pounds
(6) Five pounds.
At what point did you agree to rent a room infused with 3.7 pounds >>>>> of Arsenic? For that matter, did your landlord agree to poison his
tenants when he bought the wallpaper, or did the manufacturer keep
silent on just how much Arsenic was needed for those vivid colours?
William Hyde
Needless to say, it is not very good business strategy to poison
your customers.
Your conclusion is contradicted by reality. This strategy worked for
decades, and in other contexts, works now.
Incorrect. We are more people than ever on this planet right now.
I think that is all I will say about this thought experiment.
Aside from the time travel, this all happened. There was plaster of
Paris in the bread, Arsenic in the wallpaper.
Nobody asked for this, nobody wanted it, but they got it. Free market!
Fewer people have died by criminal companies than by governments. So I
prefer to trust a business accountable to its customers. Yes, people
have died, but that is hardly the fault of the free market. As stated,
governments have killed far more, so by that logic, we should ban
governments as quick as possible.
If you _really_ would like to seriously explore the why and how,
Oh, I love that "really". After "really" ignoring the facts I gave
above, you point me to "excellent books".
The facts of history directly contradict your claims. But you prefer
theory.
Incorrect, see above.
Ok, you prefer lies.
The predatory behavior of unregulated companies does not contradict an increasing population. If a few hundred children die of alum-related complications, and a number of people have their lives shortened by
arsenic poisoning, the population can still increase, especially when
these activities are banned by government regulation, public health laws
are established, medicine improves, and so on.
We have nothing quite so blatant as alum or chalk in bread now, thanks
to government. Not in the west, anyway.
Yes, we have a long way to go and recently seem to be regressing. I
just love the thought of all that plastic in my tissue. Gonna live forever!
On Wed, 3 Jul 2024 19:16:19 -0400, William Hyde <wthyde1953@gmail.com>
wrote:
Yes, we have a long way to go and recently seem to be regressing. I
just love the thought of all that plastic in my tissue. Gonna live forever!
If I thought you were serious I would ask where one signs up for
that...
On Mon, 08 Jul 2024 00:43:53 -0700, The Horny Goat <lcraver@home.ca>
wrote:
On Wed, 3 Jul 2024 19:16:19 -0400, William Hyde <wthyde1953@gmail.com> >>wrote:
Yes, we have a long way to go and recently seem to be regressing. I=20 >>>just love the thought of all that plastic in my tissue. Gonna live = >forever!
If I thought you were serious I would ask where one signs up for
that...
I think microplastics in human tissue is established fact. Living
forever is not.
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