• What's Wrong With 1% Owning As Much As 99%?
    Ok but since you don't create yourself, even the actions that are caused by this impulse are ultimately caused by something you have not created. I don't argue against compatibilist free will but against libertarian free will. The concept of libertarian free will, whether articulated or just felt, is the principal driving force of individualism because it ascribes to the individual ultimate control (and responsibility) for his actions.litewave
    So what if I don't create myself? It doesn't follow that once created I don't have free will.

    The concept of libertarian free will, whether articulated or just felt, is the principal driving force of individualism because it ascribes to the individual ultimate control (and responsibility) for his actions.litewave
    Well, actually, the individual does have a very large degree of control over his actions. What he doesn't have as much control over is his pool of possible choices. But within that pool of possible choices, he does have control. In practice, this means that he has control over virtually all his actions.
  • What's Wrong With 1% Owning As Much As 99%?
    But you can't freely create that impulse - or even if you can, you need another impulse to create it, etc.litewave
    :s Maybe that "impulse" is just who I am. I am part of the causal chain afterall. Determinism and free will are not incompatible.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    Many hospitals in the US have walk-in urgent care clinics. "Urgent care" is a couple of steps below emergency room care; however, since it is in the hospital a patient can be diverted from urgent to ER care easily.Bitter Crank
    I see, yeah, at the time I left there was basically no "urgent care", except running to the pharmacy and figuring it out yourself with the pharmacist, or calling the ambulance, or waiting like 2 weeks for an appointment.

    All that helps avoid the higher charge and maybe longer wait to see a doctor in clinic.Bitter Crank
    In the UK it was all free, and the private ones were just exorbitantly expensive, and really not affordable, nor worth it.

    But the U of Minnesota medical service offers same day clinic appointments with a doctor -- probably not the doctor you want to see, but... can't have everything.Bitter Crank
    Generally, I do go for just any doctor anyways, I'm personally not very fussy about doctors :P
  • What's Wrong With 1% Owning As Much As 99%?
    You see, it all boils down to the illusion and golden calf of (especially) the Western civilization - libertarian free will. By significantly separating the individual from the rest of reality, we get the illusion that the individual is in some sense ultimately independent and in control of his physical or mental actions. On the other hand, this separation "unleashes" the individual - it enables the individual to be active and creative and thus create wealth. So we need the market system that unleashes individuals but we also need a system of redistribution of wealth in order to help the unlucky ones.

    Helping the unlucky ones is a moral imperative that some believe comes from God, but I think it can also be explained by a naturally evolved feeling of empathy. This feeling evolved - that is, was selected for - because it was useful for the survival and reproduction of beings, in that it facilitates social bonds and cooperation and, more generally, the ability of mental integration/synthesis. Without helping the unlucky ones the social system becomes strained and fragmented and eventually even the lucky ones lose.
    litewave
    Riiight, well apart from the nonsense you're speaking with regards to free will, I pretty much agree with everything else about helping the unlucky ones who cannot help themselves as you say.
  • What's Wrong With 1% Owning As Much As 99%?
    You need the right ideas or insights to occur to you - luck.litewave
    It's not really luck, you just need to be concerned about these things and spend a long time thinking about them and working on them.

    Of course, but I didn't even think about that. Even in an uncorrupted market economy you need to be lucky in order to get wealth. And it is morally not ok for the unlucky to die in the streets while the lucky enjoy lavish lifestyles.litewave
    Well, if you put it that way, you need to be lucky to even be born :s . But now you're exaggerating the notion as if the decisions you take don't play a role at all.

    You need to get the education or training and have the ability to absorb it - luck. You need to have the impulse and ability to adopt the right mindset - luck. You need to have the impulse to exercise and the ability/energy to persevere in it - luck.litewave
    Those aren't really matters of luck, apart from, to a certain extent, education. But you can largely educate yourself - that's what you have to do in fact. That's a decision you can take provided you have access to a library.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    I don't expect that my design for a utopian economy in a utopian society will ever exist, not even remotely, because the conditions required to establish a de novo utopian economy will never exist.

    I don't like regimentation either, whether it is within a large corporation or small group. Utopian systems have hidden regimentation built in -- everyone would have to conform, whatever the shape of the utopia. Universal peace and contentment has the same problem: the only way to keep it going is for everyone to be in a strait-jacket of peace and contentment regimentation.

    So why bother talking about utopian schemes in the first place? It's a way of highlighting the dystopian features of reality.
    Bitter Crank
    Right, but then such utopian critiques certainly incorporate some dystopian features themselves.

    I don't know whether Tolkien was familiar with Chesterton and Belloc -- two of the English Catholic promoters of distributivism.Bitter Crank
    Tolkien would definitely have been familiar with Chesterton - he was part of the Inklings, including C.S. Lewis and Owen Barfield, all who were influenced by these Christian thinkers. In fact, for C.S. Lewis, Chesterton's book The Everlasting Man played a central role in his own conversion. He also called it the best book of popular apologetics. Ironic that his own book Mere Christianity is now better known.

    huge, regimented, military-industrial multinational complexity,Bitter Crank
    I agree with that. That's largely due to the existence of an octopus formed largely of the financial industry. Hedge fund managers, board of directors of multinationals, CEOs, etc. They form part of a class of people I detest, which is the hierarchy climbing "politician" who cannot actually do anything practical, but has a nice smile and is willing to get into bed with whoever it takes to rise to the top. These people don't actually do anything productive, they merely appropriate what others do, while being servile to those higher than them. That's what the whole field of managers, etc. are doing.

    So really it's entire "fields" of people - managers, judges, politicians, etc. which are included here.

    I have been reading a biography of Lenin: The Man, The Dictator, and the Master of Terror by Victor Sebestyen, and at least under the Tzars, Siberian exile wasn't always that bad. Lenin lived modestly with his wife in a small but adequate cabin, was free to go hiking and hunting (he never succeeding in bagging any game), could correspond -- as long as what he had to say got past the Okhrana censors, and so on. Lenin happened to land in one of the pleasant circles of hell. Jews, for instance, were sent to places far to the north, near the Arctic Circle, where exile tended to start at wretched and go downhill to fatal.Bitter Crank
    Sounds interesting. Lenin had an interesting life.

    You lived in England... don't know whether you ever availed yourself of the National Health Service... I just read This Is Going To Hurt, an account of young doctor Kay's experience there. He praises the quality of care delivered, but working in the service was something of a nightmare. He's very sarcastic about the stupidity of both patients and institution, so it's quite enjoyable.Bitter Crank
    Oh yes, I had quite a few encounters with the NHS. When I first got there it was still okay, it was quite good, excellent, and entirely free. But over the years it degraded a lot...

    When I first got there, there were still a lot of walk-in centres, and it was really easy to get an appointment if you had a problem. You were treated relatively well too, and doctors were patient with you and addressed your concerns.

    However, by the time I had left it was really terrible. Even if you had problems you had to wait WEEKS for an emergency appointment (if you couldn't, you were told to call the ambulance). The walk-in centres started to get closed (no more financing), and doctors started to become worse. Impatient, treated the patient like a statistic, etc.

    For example, I had to wait 1 year to do a test in a hospital... And they kept saying "oh we will schedule you don't worry" when I called them, and then nothing would get done for months. I had to call like 4-5 times, and each person reassured me without doing anything. And they also moved me from doctor to doctor - a doctor I never actually got to meet :s . I just got their writings, which weren't too enlightening.

    I'm not sure how it is now, but from what I've heard, it's still very bad.
  • What's Wrong With 1% Owning As Much As 99%?
    So what is the most important factor in getting wealth?litewave
    Creating small value on a very large scale, or creating high value on a small scale, or creating high value on a very large scale. So the most important factors are value-creation and scale. Production and distribution.

    Willingness to work hard?litewave
    That's important, but not enough. You have to work smart, not necessarily hard. One can take a hammer to cut a tree for example, and hammer at the tree the whole day and still not cut it. While someone else takes a saw and cuts the tree. And yet another may find an even more efficient way to cut it.

    For that you need to have sufficient mental or physical energy - and how do you create that?litewave
    Assuming that you have no underlying health problems, then moral education and psychological training can help. Adopting the right mindset can help. Exercise, fitness, etc. All these things. You really have to build a life around it.

    However, I will say that the way I spoke about above is a difficult path to walk to become wealthy. The easy way is to get involved in corruption with the government. And you can do it if you don't have moral values, are determined to do it, and put yourself in the right place. Stealing and appropriating from others is always less difficult than creating value yourself.

    Even that seems to be a matter of luck, in the final analysis.litewave
    There is always a certain element of givenness, and gift in any sort of achievement. Wealth can be a gift from God for some, and a curse for others, who don't have the level of moral development required to handle it.
  • What's Wrong With 1% Owning As Much As 99%?
    You're missing the point. Value, in economic terms, is ill-conceived.creativesoul
    I disagree.

    We could do without almost all of what capitalism has afforded us.creativesoul
    Yeah, and have very difficult lives, sure.

    In fact, it's not hard to make a case that the quality of goods and services has suffered horribly at the hands of those looking to 'add value'...creativesoul
    I think that quite the contrary, services are generally getting better and more easily available. Just look even 10 years ago. Public services on the other hand seem to be getting worse.

    The problem is that much of wealth creation and distribution is based on luck.litewave
    To a certain extent. That's true, for example, if you're born in some African tribe in the middle of nowhere. But on the other hand if you're born in the West, even if you're born poor (unless you're born like extremely poor), you can definitely still contribute to wealth creation and even become rich.

    have the conditions to provide that for which there is high demand.litewave
    Demand is generally created, it doesn't pre-exist the supply so to speak.

    Conditions such as talent, health, intelligence, and suitable environment.litewave
    Sure health is definitely needed, and a certain degree of intelligence helps too (though you don't necessarily need to be super smart, just not dumb). Talent? Not so much. Suitable environment? To a certain extent, once again. If you're born in extreme poverty in Africa, then yes, it would be extremely difficult and unlikely for you to become rich, even if you wanted to.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    not deleted, never written.Bitter Crank
    My computer knows what you wrote, but I cannot mention it because Baden will whip me if I do. Suffice to say that "fair" trials of the "ruthless" entrepreneur in the heart of Siberia are something long-gone :D .

    No, they won't grow at all because outside of Council Coordination, you will find no supplies, space, energy, markets, or anything else. Those who persist in trying to subvert council coordination will not be looked upon kindly.Bitter Crank
    Sometimes phrases shapeshift too... Well, suffice to say that I wouldn't much like living in such a regimented economy. I much prefer as much economic freedom as possible, much like Tolkien's Shire. Which is why I prefer distributism. Everyone should be free to produce as they wish, and then seek to sell their produce. Why? Because, at least for me, a significant portion of my enjoyment of life comes from the useful work I freely choose to do for other people in the economy. I can't much imagine life without this, it would be quite grim.

    I dislike the domination of large corporations precisely because they regiment many people to work for them, instead of allowing them to freely develop on their own.

    And we probably agree on financial speculation (highly taxed profits) and banking (only public). But we obviously don't agree on economic liberalism in a general sense.

    And I don't think I'm personally ruthless, quite the contrary. Yesterday I found a way to trick some people out of money from a service of theirs I use online. And guess what, I thought, I'm getting dough out of using this service, if I found a loophole, I will still pay them, cause I'm an honest man. If I really was ruthless in my work I would have been like "To hell with them, I don't give a damn about them. Let me just appropriate this for myself" - in fact, that's what communists used to do >:) - as Marcus Aurelius said, the best revenge is to be unlike the person who has done you the injury.
  • What's Wrong With 1% Owning As Much As 99%?
    There is no excuse for not creating one which provides everyone with an opportunity to live a comfortable life.creativesoul
    I agree, quite obviously.

    You framed the job in terms of adding no value. Bullshit. I value the conversation.creativesoul
    Right, it's really adding very little value, hence why the low pay. You may value conversations, but how much value does it add to you? Probably not much. You could do without.
  • Demonstration of God's Existence I: an Aristotelian proof
    Then why did you say that what I said was crap? That was a senseless insult.Metaphysician Undercover
    Because you talked about the central importance of consistency - ie checking out that Aristotle uses the term with the same definition/meaning throughout. That's irrelevant.
  • Demonstration of God's Existence I: an Aristotelian proof
    Attempting to understand "the genesis of the terms" is pointless if what one is interested in is the meaning which Aristotle gave the terms. Why would you look at all the different usage in the time around Aristotle, if what you are interested in what Aristotle meant by those words? Why would someone look at how you and various other people use a word if what they are interested in is what I mean when I use that word. So really, what you said is what is crap.Metaphysician Undercover
    That's a strawman. To understand the genesis of the term means exactly to understand the process through which Aristotle went to come up with the term.
  • Demonstration of God's Existence I: an Aristotelian proof
    Aristotelian terms like "matter", "form", "potential", and "actual", are developed through volumes of consistent usage. The key point here is consistency. So as one reads the usage in different books of Aristotle, in different fields of study, the meaning of the terms starts to come through, from these various applications of the same terminology.Metaphysician Undercover
    Sorry, but this is crap. The key point isn't consistency, but the fact that these terms originated through an effort to understand different aspects of reality. If you go back to the process, you will understand the genesis of the terms, and so you will understand that they make sense and refer to real aspects of the world.
  • What's Wrong With 1% Owning As Much As 99%?
    No.Sapientia
    :s Why not? I just greatly helped an important economic player to spread his goods and services and value through society. And it's $5 billion worth of goods. Maybe those are much needed medicines, etc.

    Did you forget that money is simply an estimation of value added?
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    Workers on an assembly line generally get paid without respect to the value of the part they are adding. They are all doing essentially the same task.Bitter Crank
    Sure, but assembly line workers are not all that is required to run the factory.

    In a socialist economy, marketing and advertising are less important.Bitter Crank
    Why?

    Where production for need, rather than production for profit prevails, whipping up enthusiasm for new cars, new can openers, new whatever, would not be practiced.Bitter Crank
    Sure, but you still have to let people know "Yo, we have a new car here guys". You still need to secure big contracts with other businesses, etc.

    Products for which there is a clear need do not require a lot of sales efforts.Bitter Crank
    :s - I think this is a huge mistake. From my experience, no product, no matter how good it is and how needed it is can do without sales effort. Sales effort is the ABSOLUTE key ingredient in business, without this even the greatest product will fail. Most businesses fail for precisely this reason in fact. Neglect of the importance of sales. Sales don't come to you - you have to go out there and get them.

    Many people have great ideas and start a business but have no clue how to get sales. Many other old folks I've worked with scratch their heads why their business is no longer going well... well, how can it go well when you spend so little effort on getting sales? :s

    I would imagine distribution would be handled by a work group much like the one that made the cars in the first place. Distribution and sale completion are important, but in a socialist economy, maximizing sales isn't the point, so the rewards for this work group would be determined by the work group themselves.Bitter Crank
    Yeah, I would agree with some of the other principles, but not here. Usually, companies find out that a large share of their revenue comes from relatively few customers (unless they are something like retail supermarkets). In my case last year, 80% of my revenue came from like 15% of clients. In the case of big factories it's the same. A single big contract will account for a large share of the revenue. The key person who secures that contract is absolutely important to the functioning of the business. So yeah, there may be a sales team, but those salesmen are all going out to try to secure contracts. They work relatively independently apart from the overall product strategy.

    The other issue is that we cannot produce just for need. If we do that, then those people who don't produce just for need will outgrow everyone else, and then they will enforce their own standards on them. It's like the arms race - the US, Russia, China, etc. must all invest in a big army to prevent the others from becoming stronger than them.
  • What's Wrong With 1% Owning As Much As 99%?
    No, I've considered the facts, and I remain unable to conceive of a situation like that I described. Even Superman wouldn't deserve such a high percentage, let alone someone of a much lesser stature. That's insane.Sapientia
    If I secure a $5 billion dollar contract for any producer, do I deserve, say, $20 million bonus?
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    And making a whip of cords, he stood back and did nothing. They all remained in the temple, with the sheep and oxen. The coins remained in the money-changers and the tables stayed exactly where they were. Business carried on as usual,
    with no disturbances.
    — Trump 2:15
    >:O

    Let me fix it:

    And making a whip of cords, he stood back and whipped them screaming "Faster, work faster you scoundrels!" They all remained in the temple, with the sheep and oxen. The coins started flowing like tremendous rivers of gold and the money-changers and their tables stayed exactly where they were. Business was tremendous that day. — Trump 2:15
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    Why is Phillip Green so despised?Sapientia
    Because he's rich. People who are rich and successful are often despised by those who are jealous of them and their success.

    Maybe while those who despised him spent their time drinking in a pub, he was working. I listened to an interview with him once where they described his work schedule, and it was quite tough - most people don't allocate that much time to business.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    I am fine if you take high % of the money made through financial speculation, gambling, etc. and other such activities which aren't productive and don't add value in the economy.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    I don't need to do that. Someone with greater expertise can do that. And I don't need to rely on gut feeling and prejudice. Anyone with common sense can, from observation, rightly conclude that a building has collapsed. But you'd need an expert to assess with due precision what exactly caused the building to collapse. Are you suggesting that you do not possess this common sense?Sapientia
    No, I am simply suggesting that deciding how much value someone has provided isn't a matter of common sense, it's something that has to be carefully analysed to determine.

    Then you must think that he has earned that amount. How is that possible? It's only possible within a selfish and greedy framework.Sapientia
    Why is it only possible in a selfish and greedy framework? There are millions of people who want to watch him play and who love him.

    And making a whip of cords, he drove them all out of the temple, with the sheep and oxen. And he poured out the coins of the money-changers and overturned their tables.
    Right, well I am against private banking pretty much anyway. Providing money at super high-interest rates isn't providing value to anyone.

    And yes, obviously the house of God shouldn't be a place where commerce takes place.

    I have thought about that. Here are my thoughts: a footballer is considered valuable insofar as you enjoy watching, or making money out of, men or women playing a game which involves kicking around a ball on a field whilst lots of people stare at this on a screen or in the stands and moronically cheer, jeer, chant, and gesticulate. This is nowhere near as valuable as protecting the public and saving lives.Sapientia
    It's not as simple as that. If you don't give those idiots you mention something to watch - games - circus as the Romans said, then they will cause problems through society. Romans invented the notion of bread and circus to control the masses, and they were right. If those people don't have that outlet, they will cause other, much more serious damage to society. Indeed, if we close such outlets, we will lose a lot more lives than we save by increasing pay to paramedics.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    How much would workers get if they owned the factory and profit wasn't an issue. It might work out something like this:

    A factory employing 500 workers turns out 100 cars a day. The cars market value is $8,000 each, or $800,000. How much should each factory worker be paid, per day? $1,600? No.
    Bitter Crank
    Well right, no - of course not, because, to begin with, not every worker adds as much value as the next.

    - the cost of obtaining the daily supply of raw materials and parts (steel, aluminum, rubber, plastic, copper, upholstery, engines, glass, motors, fans, pumps, fasteners, etc. or 20% of retail) approximately $160,000

    - the cost of daily operating the factory (electricity, water, gas, etc.) approximately $5,000 (a guess)

    - preparing for the cost of replacing worn out tools and plant (approximately 1%) $8,000

    - contributions to the cost of operating society (roads, railroads, schools, hospitals, services, etc. 20% of expected income) $160,000

    - cash reserve to pay for supplies, unexpected or unbudgeted costs (accidents, supply price spikes, income shortfalls, cash purchases; 5%) $40,000
    Bitter Crank
    What about costs with marketing and advertising, probably the single most important aspect of business?

    Without having to earn a profit for stockholders or highly paid executives, workers in this factory would earn $106.76 per hour. $427,000 after expenses / (500 workers x 8 hours) = $106.75 per hour.Bitter Crank
    So the cars sell by themselves right? :s

    The way this works is that one person - whoever their leader happens to be - will need to go around and build relationships - with car dealerships, with governments, etc. - he will need to close big value contracts for them. Maybe 80% of the revenue will come from 10% of the contracts. Without his intelligence and leadership, the workers may produce value, but they cannot distribute it to society.

    How much should this person get paid?

    Maybe too few of their cars are sold, or aluminum and rubber become much more expensive.Bitter Crank
    Well, too few of their cars will certainly be sold if all they bother to do is produce them :s ...
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    I don't understand why you think that that's necessary.Sapientia
    Because you need to show that you have a framework that can scientifically and mathematically determine how X needs to be rewarded, otherwise how will you determine it? By your gut feeling & prejudice?

    What I can tell you is that, for example, £615,000-per-week for being a professional footballer is too much, and part of that amount should be redistributed. Why do you need a number? £300,000-per-week, 60%-per-week, it doesn't matter for the purpose of this discussion. It's just for arguments sake. Can't you use your imagination?Sapientia
    I don't see why that's too much for the professional footballer. You've done no analysis of the value he provides in the economy, so...

    This is what an analysis looks like:

    Another example. Suppose I am an engineer and independent contractor working on ship engines. I specialise in a particularly new class of ships that many world transportation companies are acquiring. There are very few people who specialise in this ship. Something goes wrong in one of those ships, and it no longer functions to transport the goods. My client moves $6,000,000 worth of goods each day using that ship (maybe those are much needed medicines, which save lives). So if he doesn't get me to fix it, then he (and all of society which depends on those goods) will lose $6,000,000/day. Is it fair that I am paid $600,000 for 10 hours of work?Agustino
    So I want you to think about the value that footballer produces - for his employers, for the spectators, etc. I want you to consider the number of people affected by his work too.

    You've played down the role of paramedics.Sapientia
    I haven't played it down, I've assessed how much value they provide individually.

    If professional football is not as valuable as the emergency services, as I would maintain, then why doesn't the pay reflect that?Sapientia
    Who said he's not as valuable? Have you done any analysis of his impact to determine that? :s

    It is, according to Marx's analysis in Das Kapital, the universal mirror or equivalent that keeps company with all other ordinary commodities. It is in fact no more than a commodity itself, because it is a representation of the exchange value of the ordinary commodity. It is both the means of exchange and the measure of value. But it is not the same as an ordinary commodity, because it is primarily considered in light of its exchange value rather than its use value, or, put differently, in light of its quantitative dimension rather than its qualitative dimension.Sapientia
    Right - money is only valuable qua commodity because of the value we agree to accord to it in governing our economic transactions.

    Yes, the gist of it at least. These are the finer details that can be worked on and a resolution found.Sapientia
    Ok, so if you agree, then I presume that you're fine with doing this analysis for a footballer, or for any particular case you think is unfair, to determine their value right? Then from that we can see if they are earning a fair amount or not.

    "Marxism is finished. It might conceivably have had some relevance to a world of factories and food riots, coal miners and chimney sweeps, widespread misery and massed working classes. But it certainly has no bearing on the increasingly classless, socially mobile, postindustrial Western societies of the present. It is the creed of those who are too stubborn, fearful or deluded to accept that the world has changed for good, in both senses of the term".

    Right? Wrong. (That's covered in the first chapter).
    Sapientia
    Marx may have been right, but in a different way than you think.
  • What's Wrong With 1% Owning As Much As 99%?
    Marx would say it is false that the wealthiest have created the wealth, since in fact they have created the wealth with the assistance of several workers.ivans
    In some cases in the industrial revolution sure. But not so much right now in the West. That, however, is still largely the case in developing countries.

    Also there are many cases like this:

    Another example. Suppose I am an engineer and independent contractor working on ship engines. I specialise in a particularly new class of ships that many world transportation companies are acquiring. There are very few people who specialise in this ship. Something goes wrong in one of those ships, and it no longer functions to transport the goods. My client moves $6,000,000 worth of goods each day using that ship (maybe those are much needed medicines, which save lives). So if he doesn't get me to fix it, then he (and all of society which depends on those goods) will lose $6,000,000/day. Is it fair that I am paid $600,000 for 10 hours of work?Agustino
  • What's Wrong With 1% Owning As Much As 99%?
    Hey Agustino...

    How does the fact that not everyone has the same ability factor into your notion that everyone has the same opportunity to become wealthy via starting a business?
    creativesoul
    Well, if everyone had the same ability, then everyone would be starting the same businesses, and nobody would be rich :P

    A business is just an activity which provides value to society. Pretty much everyone can start a business if they spend their time developing a skill/craft that is useful to society. The more useful it is, the more money they will make. Most businesses in the US, for example, have 0 employees (80% to be more exact). They're just a one-person business.

    The main problem is that most people are not reared to start businesses - you're told go to college, get a job. You're not told figure out how you can be of value to society and start a business.

    Getting a job is well-respected, but many people who have a job are really wasting society's time and provide little of value, little of what's needed. So that self-respect prevents people from understanding that they're actually NOT doing what they should be doing at all, which is provide value to society.

    For example, say someone is a cashier at the supermarket. That's a job that will be low paid, since we don't really need it. Supermarkets are getting better and better at eliminating those workers, and replacing them with technology. If someone holds that job and feels proud that they're earning their own money, etc., they're really wasting everyone's time. They ought to spend that time looking to learn something that can be of greater use to society.

    There is a problem in our society with thinking that you need to be a genius etc. to start and run a successful business. That's not true, you just need to provide something of value. But people aren't taught to think in these terms. They're taught to think in terms of earning x/hour. But that's irrelevant. What's relevant is not earnings, but how much value is provided and at what scale. If you provide value to millions of people, well, sooner or later, you will be a millionaire. It's almost unavoidable.

    So people have this idea that money comes from working a job (false) instead of money comes from providing something valuable. If they don't get out of that mindset they can't advance. Then they don't understand why they're poor - they think they have to work harder, spend more hours, etc. Another untruth. They just have to find a way to provide something valuable.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    (And I hope that you're not trying to contrast your position from mine by suggesting that I would not likewise utilise mathematics to determine fair pay - although I'm not sure what role you imagine that science could play here).Sapientia
    Well, I'm saying that so far you haven't used mathematics and science to determine what fairness is in this economic context. The reason for that is that you have not even explained what, economically speaking, constitutes value, and how fairness is to be calculated or arrived at. So you're effectively engaged, at the moment, in a non-scientific polemic. You haven't shown a mathematical way to determine how much X should get paid, and how this should relate to his activity.

    Now, given that I've already addressed - although perhaps not answered to your satisfaction - the issues that you raise here, do you have any productive questions to ask or points to raise?Sapientia
    My productive question is that I'd like you to clarify for yourself and for the rest of us how fairness can be mathematically assessed by laying down a framework for determining what each person should get paid based on the value they provide.

    I told you that I'm not an expert, that I'm not best equipped to give you the finer details which you seek, that I can only give you a rough outline, and that I don't think that it's necessary to go into every little detail or present a fully formed plan in order to discuss and debate the essentials.Sapientia
    Right, an outline is what I'm looking for. It would also be useful if you analyse a particular case to show how it would work.

    indicate excess or undervaluationSapientia
    How have you determined this? That's the science and mathematics I'm interested in. Otherwise, it's just a polemic.

    So let's go to the very basics. Economics deals with the production and distribution of value through a society. Money is merely a means to quantify and trade that value within society, but, like all approximations, it is not perfect, since not everything can be quantified (easily) in money.

    Let's take a very easy example. Suppose I spend 2 hours setting up a Google Adwords campaign for a client, which helps him earn $10,000 in net profit. What value did my work/services bring to society in that case - well it depends on what goods I've sold, and a whole host of other factors - but let's take a first approximation for the sake of calculation and say that this value corresponds to the increase in net sales. Would it be fair for me to get paid $1000 (10%) in that exchange for 2 hours worth of work?

    Another example. Suppose I am an engineer and independent contractor working on ship engines. I specialise in a particularly new class of ships that many world transportation companies are acquiring. There are very few people who specialise in this ship. Something goes wrong in one of those ships, and it no longer functions to transport the goods. My client moves $6,000,000 worth of goods each day using that ship (maybe those are much needed medicines, which save lives). So if he doesn't get me to fix it, then he (and all of society which depends on those goods) will lose $6,000,000/day. Is it fair that I am paid $600,000 for 10 hours of work?

    Please remember through this discussions that money is nothing but a way to quantify the value of certain goods/services for society.

    Take another case. Suppose I am a paramedic saving 5 lives a week. That's 260 lives per year. What's the value of 1 life to society? Well, the average value that person can produce or distribute. Say that's 30K/year*20 years left on average (most people saved being older, and 30K being the average income of those saved). 600K. So 10% of that value? 5%? 30-60K\year seems fair given the value they provide.

    To generalise. It seems that economic fairness consists in person X producing or distributing value to society, and being paid a small portion of that value, the rest going to the well-being of society. Correct? So unfairness would come from person X appropriating too great of a percentage from the portion of value he provides to the economy.

    Value is usually quantified in money, and in the first 2 examples I've given above (all which are realistic examples, by the way), it is relatively easy to quantify the value in financial terms. But there are other, non-financial terms too. For example, do the goods produced/distributed cause hidden costs to society that aren't usually taken into account - health, environmental, etc. So it's a bit more complicated. Those hidden costs can also be calculated in money - if we screw up the environment, we need to spend money and resources to fix it and avoid worse consequences, etc. etc.

    To increase fairness it seems we have two problems.

    1) We have to be able to quantify this value more accurately in financial terms, even for things that are non-financial in nature (saving lives). There's also things like the preservation of life, such as in the case of old people, who are not DIRECTLY productive anymore (maybe they can be productive through their wisdom though). How much of our society's resources should be devoted to preserving or saving the lives of those people? By increasing resources, we can save more and more lives, but there obviously will be a break-even point - at some point, allocating more resources to this will have negative effects, since we won't have anymore resources for other things we do need.

    2) How many resources should be allocated to people who simply cannot be productive (to each according to his need part)? And how should we incorporate this together with (1)? This refers to people with illnesses, etc.

    There are a lot more details, but basically, do you agree or follow the ideas above so far?
  • The world needs more teachers
    I don't understand why Twitter and Facebook aren't real connection/interaction :s - what are they then, unreal?

    I think the older folk have a prejudice around the internet and the possibilities it offers.
  • Demonstration of God's Existence I: an Aristotelian proof
    I liked the Neo-Platonic proof the most. Though I've always favored Plato over Aristotle anyway so that might just be a bias of mine.darthbarracuda
    Hah! Interesting. I thought the Augustinian one was the strongest, though I've always favored Aristotle over Plato :P
  • Demonstration of God's Existence I: an Aristotelian proof
    Stop wasting your breath, charleton is a joke on two feet >:O

    You and I need to learn to adopt Sappy's stoicism and let such things go >:O

    Now, on a different note... I had a quick skim through them, and they're really well set out. Which argument did you find the strongest?
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    It's not dogma. It's just that at some point you hit upon a foundation. We each have our foundations. You're no different to me in that regard. The problem is that I recognise a foundation when I see it, and act accordingly, wheras you keep pressing.Sapientia
    I don't think it's a foundation cause it's not a basic idea, we can go beyond that and ask why it is wrong? And we have to reach some notion of harm, or to show how each doesn't get what they deserve (so first we'd need to determine what each SHOULD get, and then see if they do or don't). That would be the basic idea.

    So what should the entrepreneur get? What should his wage, if he is responsible for starting massive industrial production, be? And what should the paramedic's wage be? If the entrepreneur, through his efforts, earns 1,000,000x the paramedic's earnings, is that a problem so long as the paramedic can meet all his basic needs with what he gets?

    We don't disagree about what fairness is - fairness is each getting what they deserve. We disagree what each deserves, but fortunately, that's something that can be calculated mathematically and determined scientifically.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    However you're still going to be hostile to the ideas that inequality and poverty contribute to these temptations and their relationship can be understood statistically, I bet.fdrake
    Yes, obviously poverty and inequality can be temptations for immoral behaviour. That's what statistics show. But that kind of inequality has nothing to do with 1% owning 99% and the others owning just 1%. It has to do with whether the 99% have their basic needs met.

    Some kind of moral education initiative, would you say the success of the initiative could be measured by how the crime rate per capita behaves over the next few years?fdrake
    Yes, obviously.

    Also whether and how many of those people who were instructed in the initiative committed crimes?fdrake
    More or less, however, you have to be careful as people always have free will, so it's impossible to get everyone to be moral.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    So basically yes, diminishing temptations is important but only of secondary importance. Most important is moral reformation. Simply removing temptations, while important, does not solve the underlying causes of those events, which are moral.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    Do you see a role for statistics in finding problem areas in the organisation of a society that contribute to people making immoral decisions?fdrake
    Hmmm let me rephrase. I do see a role for statistics in illustrating what situations may act as temptations for immoral behaviour, however not contributing to that immorality.

    Morality is a matter of the heart, even the nice non-ghetto folk who don't steal may not be moral in their hearts - they simply do not meet the required temptations for their immorality to show itself. But that in itself isn't being moral. A sort of hypocrisy.
  • Welcome to The Philosophy Forum - an introduction thread
    WTF have you been taking man? "I'll have what he had"...not!Janus
    Haha, I think he means the constellation behind, formed by the stars, not the lion pic :P
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    And do you propose to interview every member of a society in order to analyse its aggregate properties?fdrake
    No, because I don't have enough time, and good enough results can be achieved by other means. But understanding what those means are involves understanding the root of the problem. In this case, the root is moral - so the moral aspect has to be addressed first.

    If you don't stop this nonsense, I'm just going to ignore it. I'm growing tired of repeating variations of the same point that you just don't seem to be getting. I have explained it. I have given you examples to work with. Please apply some common sense. I don't need to set out a stringent and fully formulated system for you to get yourself clued up about what I'm talking about.

    And for the umpteenth time, if you don't recognise it as unfair, then there's only so much that I can do. Stop looking outside of yourself for the answer. Gut feeling, conscience... call it what you will: it comes into play of necessity.
    Sapientia
    Sorry, but I honestly do fail to see your reasons. To me it seems like a dogma.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    And there is something in principle wrong with that. It violates a most ethical principle of fairness.Sapientia
    You still have to say how it does that, apart from saying it's unbalanced without explaining why imbalance is bad. You also have to define what a proportionate or fair distribution is in the first place. Or do we just have to go with Sappy's gut feeling? >:)
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    One of the reasons statistical approaches to gas behaviour works was because it took something incredibly complicated with loads of variables - the individual trajectories of gas molecules; made a few simplifying assumptions like no particle interaction, then derived statistical properties based on the simplification.fdrake
    I don't think that's how it works. Rather we realised that what we're interested in isn't the motion of any one particular gas particle, but rather what the gas as a whole - all the particles - can do. So we didn't bother with all the extensive calculations, and found a simple way to approximate it. It goes back to the question of what are you interested in. That determines the tools and approach you'll take when solving the problem.

    I don't think it's particularly contentious to say that people and the systems they create through their interaction are far more complex than any gas. This is then an excellent motivation for using statistical summaries to get information about individuals in societies - what promotes and constrains their behaviour.fdrake
    That is certainly true if you conceive of individuals in a fatalistic manner, and ignore the role free will plays. I may be born in a ghetto and still refuse to resort to stealing due to my moral values even if 99% of others in the ghetto steal. So the stats don't determine or influence what I choose to do, my moral character, as it is shaped by my free choices, determines that.

    You'll now ask why do the ghetto folks commit more crime statistically than the non-ghetto folk. Well, probably because the ghetto folk encounter temptation more than the non-ghetto folk. If the non-ghetto folk encountered temptation too, most of them, lacking character, may resort to stealing too. That's probably true. So the solution to that is first of all improving people's moral condition, and secondly preventing that extreme level of deprivation, which has nothing to do with whether 1% own 99% or whatever. It has to do with whether the 99% have enough to meet basic needs.

    Ignoring base rates about their own business or businesses they like is probably one of the distinguishing features of entrepreneurs and investors.fdrake
    It's because entrepreneurs work themselves in the business, so they know that they can do what it takes to make it successful. An investor doesn't work directly in the business, though they may provide advice, so they don't know whether the founder will actually do what it takes or knows what he has to do, or understands his industry well enough. So they need to factor their lack of knowledge in, that's why they resort to using stats. The entrepreneur doesn't have a lack of knowledge - he generally knows, quite well.

    They condition on their own exceptionalness and believe it with great vigour.fdrake
    That's an essential feature of successful entrepreneurs.

    So you're quite happy to average over a poorly estimated distribution of an individual's success to calculate an expected return, but as far as betting on whether someone who just committed a crime is a member of a place with high crime rate and a high population or low crime rate with a low population... That's a no go. Riiiiiiight.fdrake
    No, of course, I'm going to bet on him coming from the place with high crime rate and high population vs the low crime rate and low population one. But that's because I don't have knowledge - it's my own ignorance of what is actually the case that forces me to resort to using statistics. If I actually knew what was the case, I wouldn't bother with stats. But I need to take a decision in the absence of knowledge - so then I'm concerned with stats and forms of hedging my risks.
  • The Facts Illustrate Why It's Wrong For 1% To Own As Much As 99%
    False. The paramedic's employer must get additional funds from somewhere. I propose they be taken, in part, from your brownie business.Sapientia
    Yeah, because the paramedic's employer certainly deserves the benefits of Mike's brownie business, he did a lot of work for it >:)
  • Welcome to The Philosophy Forum - an introduction thread
    I wasn't referring to your Sun sign; I knew what that was from the Astrology thread. In any case it's Janus, anus, schmanus...and so on...ad nauseum...Janus
    >:O
  • Welcome to The Philosophy Forum - an introduction thread
    Corrected what, little scorpion?Janus
    It's now bolded. No, no, I'm not scorpion, I am this >:) :

    leorb.jpg