• The Economic Pie
    What?! My very generic Marxist view didn't provide enough details?! :DMoliere

    Well you still nailed the broad view! :grin:

    Ultimately you’re right — we can’t have this savage form of capitalism if we don’t have capitalism.
  • Evolution and the universe


    Thanks for clarifying.
  • Evolution and the universe


    I really don’t know what you’re concurring with. Believing laws (or objects) exist without people is not idealism. It’s the opposite of idealism. It’s realism.
  • Evolution and the universe
    Saying physical laws exist somehow out in the universe somewhere without people is just old fashioned idealism.T Clark

    How is that idealism? You meant realism, yes?



    Dawkins is a fairly nice bloke. I don’t think he is as negative as you paint him. I still like Unweaving the Rainbow— which is worth a read to see a different side than what you may be familiar with.
  • Ownership
    I think it’s important to distinguish between personal possessions and ownership for profit.Jamal

    An important distinction. Still: even personal possessions and what one does with them— even, in fact, one’s body — has an effect on the world at large, even if a minor effect.

    A part of me wants to say the idea of owning anything is a bit of an illusion. But we don’t have to go that far to admit that things are connected, and so actions taken with one’s possessions are also connected to everything else.

    As an example: the guy who wants to drink all day long. Not getting behind the wheel — minds his own business. Seems to me he should be free to do so — he’s harming no one but himself. But lately I think that’s somewhat wrong. The guys healthcare costs has societal effects and so on.

    I have trouble determining where to draw the line between personal freedom and social responsibility, I guess. Ownership is one particular aspect that gets caught in this context.
  • The Economic Pie
    The problem is that workers of all stripes are shut out of decisions and in fact have zero input whatsoever on how the profits which they helped generate are divided up.
    — Mikie

    The amount the workers are paid is no more determined by fairness than is the amount the owners are paid nor is a fairness standard used to determine the cost of the good or service.
    Hanover

    I never said fairness was the standard or should be the standard.

    I’ll suggest you reread what you quoted. The problem in my view is that the process is undemocratic with workers completely shut out of decision making.

    It's all supply and demand.Hanover

    That’s like saying it’s all “market forces.” A useful cop out for the people who give themselves 90% of the profits. “Sorry— it’s just supply and demand.”

    Completely unconvincing, but certainly pervasive.

    This is to say it's not a decision making process that relies upon fairness that determines the price of goods, the price workers will make, and the profits the owners will take, but it's a business decision that will determine the viability of the business and whether it will be able to survive based upon the way all earnings are distributed.Hanover

    It’s a business decision made by a board of directors acting in the interests of the people who vote them in: major shareholders. Those shareholders end up getting more and more. It has nothing to do with markets or supply and demand. These are decisions made by people. These decisions have also been very different in the past.

    Stock buybacks are a product of market forces, of supply and demand? Or a result of a rule passed by the SEC in 1982? It’s the latter.

    We have a choice between democracy at work or the current arrangement of the “business experts” making all the decisions, and transferring trillions of dollars from the bottom 90% to the top 1% over the last 40 years of “free markets.” I think it’s an easy one.
  • The Economic Pie
    Well then that's to do, not with the distribution, but the power of the participants to freely negotiate.Isaac

    The distribution is a direct result of the lack of free negotiations— as you know. If the process was more democratic, the distribution would look far different.

    I'm arguing that there is no 'right' way to distribute the profits of a co-operative enterprise, but there is a right amount of freedom to negotiate.Isaac

    When have I argued there’s a “right” number or distribution? I have no clue what that would be. The 90% number seems rather unfair on the surface, but if that was arrived at through free negotiation I wouldn’t have much to say about it.

    I no longer know exactly where the disagreement is.

    Your target is off. It's not the outcome that's at fault, it's the conditions of coercion which lead to such outcomes.Isaac

    Fine. I don’t recall focusing exclusively on the distributional outcomes, but in any case question (3) in the OP was my primary interest.

    There's no profit distribution that's automatically right or wrong, it's about the degree of coercion, the power imbalance in those negotiations. If we removed that, a 90% split to investors could still be right, if that's what everyone freely agreed.Isaac

    Okay then. So why did you ignore my third question?

    Regardless— it’s my OP and so I’m too blame for lack of clarity. Perhaps I should have made my point more clear. Question 1 and 2 are ambiguous and rhetorical.
  • Ownership


    Okay. What about land?

    If you through away that ring, there’s still consequences for the world. It’s polluting— ends up in a landfill if in the trash, maybe eaten by an animal if in the woods.

    The question is a throw-away one and indeed very broad. I guess I’m getting at the very idea of ownership in the first place. What we do in private, with our private property, still has effects on the world at large— and I think this is often forgotten.
  • What is your ontology?
    What is your explanation for existence?Benj96

    Before we answer that question, we should ask about what we’re trying to explain. Namely: what is existence?

    Or you put it in ontological terms: what is being?

    I made an OP long ago on that topic. I refer you to it as a spin-off of your thread here, if you’re interested in exhuming an older thread.

    https://thephilosophyforum.com/discussion/12109/what-is-being/p1
  • The inclusivity of collectivism and individualism.
    Is this really the extent of your moral behavior, your deep caring?NOS4A2

    Yep.
  • The inclusivity of collectivism and individualism.


    I didn’t say I didn’t care. I said I don’t care about what you think you believe. I care deeply about fighting sociopathic, Trump supporting fascists at every turn.
  • The inclusivity of collectivism and individualism.
    ascribe to me views I do not espouse and do not hold.NOS4A2

    I’ll make it explicit: I don’t care about what you think you believe. I care about actions and decisions in the real world. You have voted for and defended Trump. That speaks volumes— whatever else you want to profess. To say nothing of the numerous other repugnant positions you’ve held.

    So yeah, you’re anti-statist, pro-individual, pro “freedom,” blah blah blah. And the guy down the street is “Christian” yet beats his wife and hates homosexuals. Who cares.

    Also, it’s not posturing. It’s having fun with the resident fascist.
  • The Economic Pie
    I think it depends on whether this is a closed system of 100 people, or 100 people in a much larger populous (market) as well as whether the product is essential (a food source/food/shelter) or a luxury item.

    Can you clarify those parameters?
    Benj96

    I wouldn’t get hung up on the 100 number. What I’m driving at is how profits are distributed— and who decides. In our current reality, 90% goes back to shareholders— and the people making that decision is the board of directors, who themselves are voted in by…Major shareholders.

    I don’t think the distribution is fair…but if had been decided by the entire workforce, say in a democratic way, I’d have less of an issue with it. The problem is that workers of all stripes are shut out of decisions and in fact have zero input whatsoever on how the profits which they helped generate are divided up.

    If we all contributed to baking a pie, to varying degrees, we should all get some day in how it’s divided. If I only contributed a small amount, perhaps I or others would reasonably argue that I deserve a smaller slice compared to the person who cut all the apples and made the dough. There’s all kinds of issues that arise, no doubt.

    But compare to a system where most of the work is done by 95 people, yet only 5 decide how to divide the pie up and, not surprisingly, they decide to give themselves 9 out of 10 slices.
  • The inclusivity of collectivism and individualism.
    Opposed to collectivism but voted for a collectivist. But it’s my imagination that you voted for a collectivist — even though you did. But Trump isn’t a collectivist…no wait, he is. But most people are…so, you did but you didn’t.

    It’s like Faye Dunaway in Chinatown: “My sister, my daughter, my sister, my daughter!”

    Always stimulating.
  • The Economic Pie
    But notice how it's not a fault of the board, then. It's just what it takes to have a business win the game.Moliere

    But this simply isn’t true. I may have failed to emphasize this, but while this transfer of profits to shareholders — which has increased these last 40 years — hasn’t been good for workers, it hasn’t been good for businesses either.

    Capitalism is the more general structure and environment within which actors -- be they corporations, states, individuals, or groups -- act.Moliere

    Sure. But a particular kind of capitalism— one that is currently choosing to distribute 90% of profits to shareholders. This is the background on which people in states and, more relevant to this thread, corporations operate. It’s a system of beliefs and values.

    Shareholder primacy theory is a major justification for these actions in my view.

    I share your thought about capitalism, but I don’t think it’s sufficient to answer the OP questions.
  • The Economic Pie
    I didn't say there was no answer, I said there was no moral weight to it. There's no way it ought to be done. There are, of course, multiple ways it can be done.Isaac

    So there’s multiple ways to do things, but we can’t say “ought” or “should”?

    Sorry, but I see a very clear moral component between democracy and totalitarianism.

    I don’t think distributing 90% of profits to shareholders is fair, and I don’t think the undemocratic decision making process that leads to that distribution is fair either.
    — Mikie

    So why not?
    Isaac

    Because I’m not in favor of unjustified power, in this case corporate tyranny.

    But we can't determine a fair distribution objectively either because it relies on the value of scarcity and risk, and those evaluations are subjective.Isaac

    Who’s “we”? “We” don’t decide anything— and that’s the point. If everyone concerned had input into how profits were distributed, I’d have little problem with whatever was decided. Invoking subjectivity and objectivity is irrelevant and a diversion.
  • The inclusivity of collectivism and individualism.


    Guess you do support collectivism after all. :up:Mikie

    Reading comprehension is an acquired habit, I suppose.
  • The inclusivity of collectivism and individualism.
    Proof positive that you voted for a collectivistMikie

    According to you and your imagination.NOS4A2

    I’ll help you:

    Never figured Trump for a collectivist. The difference is that I didn’t vote for it and you did.

    Guess you do support collectivism after all. :up:
    — Mikie

    I’m glad I did vote for it. It achieved all I ever wanted and more.
    — NOS4A2
    Mikie

    Keep trying.
  • The inclusivity of collectivism and individualism.


    Proof positive that you voted for a collectivist (“fascist,” according to you)? Indeed.
  • The inclusivity of collectivism and individualism.
    The reason I asked is because I do not believe their ideas have ever been truly implemented.Tzeentch

    They were implemented. See Chile, if the others don’t convince you.

    Laissez-faire capitalism doesn't exist in the modern age.Tzeentch

    Nor has it ever existed.

    While it's true that many of the thinkers you listed named government as the problem, when in our lifetimes have we ever seen a substantial decrease in government spending in the western world? I don't think that has ever happened.Tzeentch

    Kansas is a good example. Spending had to come down because there was less revenue. We see what happened there.

    But the bottom line here is whether government truly is the problem, and if so what the alternative is. The decisions need to be made one way or another; the entire theory basically transfers decision making to private enterprise, with predictable results. Despite all the pleasant phrases about freedom.

    I think appointing liberalism or individualism collectivism as the scapegoat is far too easy, and not supported by much evidence.Tzeentch

    I fixed it.

    I’m not scapegoating either. They’re useful covers for the anti-democratic, anti-new deal ruling class.

    The result is governments that are incapable of carrying out their primary tasks towards their citizens, while simultaneously having forged an unholy alliance with big business against the ordinary man.Tzeentch

    Yeah. The government is run by the big business (corporate) party. They alternate between blue and red colors. So “government is the problem” is true— but not the whole truth. It has had the benefit of window dressing for policies that have transferred roughly 50 trillion dollars from the bottom 90% to the top 1%.

    The emphasis shifts away from corporate, private power (where we have zero say) to politicians and the state (where we have some say). That’s not an accident.

    As far as I know, elaborate conceptions of the self are common in some of the oldest philosophical texts known to man, like those stemming from the ancient Indian and Hellenistic periods.Tzeentch

    The Hindus and Buddhists have a very different conception of “self”. In the latter anyway, it’s considered an illusion.

    I’ve yet to see Hellenistic analyses of the self.

    If we suppose that the human being desires something to care about (presumably other people) and this is vitally important for the human being's happiness, how can caring not be in his self-interest? And doesn't that confirm what I stated earlier, that pursuing one's self-interest often times involves the well-being of others around us?Tzeentch

    Desires something to care about? It doesn’t desire to care— it just cares. It cares about the world. The world is all things.

    There’s no question we’re social beings. By necessity. So our care for others is going to be especially relevant — our parents, siblings, grandparents; our children; our community. If we look at how families function, most of these ideas about individualism, collectivism, etc, completely break down. The dichotomy is silly.
  • The inclusivity of collectivism and individualism.


    Never figured Trump for a collectivist. The difference is that I didn’t vote for it and you did.

    Guess you do support collectivism after all. :up:
    Mikie
    ]

    I’m glad I did vote for it. It achieved all I ever wanted and more.NOS4A2

    Nice. So you're a proud fascist and collectivist. Yet you rail against the latter.Mikie

    You’re just making stuff up now.NOS4A2

    :lol:
  • The inclusivity of collectivism and individualism.
    Turns out most people who talk about “self interest” (Friedman, Hayek, Mises, Sowell, Ryan, etc.) just happen to advocate for policies that have eroded democracy and lead to inequality not seen since the pharaohs.
    — Mikie

    Is that so? Please explain when their ideas were adopted, and how it led to the problems you describe.
    Tzeentch

    Surely. I'll assume your question isn't disingenuous.

    The era of neoliberalism, which we're still living in (as you know), was advocated for years prior to their implementation (in the late late 70s -- Carter but mostly Reagan, Thatcher, most directly under Pinochet and the Chicago Boys) mostly from the Austrian school. You can look to the Mont Pelerin Society, the University of Chicago, and others for examples. They were in the background throughout the New Deal era and had always been against those policies. They came in to fashion during the crises of the 70s.

    The underlying assumption, as repeated again and again, is that government is the problem. Plenty of evidence for this claim, of course -- and plenty to blame the government about. But notice what's advocated and what the result has been: globalization, destruction of unions, tax cuts, privatization. We see the results all around us. Wealth inequality is a major one, but there's plenty of others: environmental destruction; defunding of public schools; real wage stagnation; greater corporate concentration; etc.

    But before you do that, perhaps you might also want to explain how exactly individualism relates to liberal economic theory, because that link isn't immediately apparent to me.Tzeentch

    The individualism advocated is a ruse. It's never been about liberty, or freedom of the individual. Maybe someone like you really does care about those things. Maybe Milton Friedman really cared too, who knows? What I care about is actions, decisions, policies. "By their fruits you will know them," as that New Testament guy said.

    What have the fruits been? Well, see above. There's all kinds of sophism for each point made -- about corrupt unions, about tax cuts for the wealth, about corporate tyranny, about the environment, and so forth. Yet here we are. And what gets blamed? The government -- still. Not corporate America, who pushed for these policies.

    The very idea of self is a fairly recent invention.
    — Mikie

    Recent meaning invented within the last three-thousand years?
    Tzeentch

    No, more like the last 400. Probably less. At least today's conception.

    The idea of a human being as an individual "self" (subject) with a bunch of desires to satisfy is a pervasive one, and held tacitly by nearly everyone. But there's no reason we need to take it seriously. It's one view, yes.

    Then what would you argue is the default state?Tzeentch

    The default state of a human being? Care. But that's Heidegger-heavy and probably more appropriate for another thread. I have no doubt that people have desires and needs and so forth. So do all animals. But it's not the whole story, and it's not (in my view) fundamental. The interpretation of it as fundamental, the belief that it's the "true" and default state of a human being, is flawed -- it's incomplete and secondary.

    Guess you do support collectivism after all. :up:Mikie

    I’m glad I did vote for it. It achieved all I ever wanted and more.NOS4A2

    Nice. So you're a proud fascist and collectivist. Yet you rail against the latter. :chin: I guess Freud was right.
  • Joe Biden (+General Biden/Harris Administration)
    This is facile.Fooloso4

    :up:

    It’s not defense. It’s pointing out a clear difference. Joe Biden can go to prison for all I care. But to argue both scenarios are similar ignores reality.
  • The inclusivity of collectivism and individualism.


    Never figured Trump for a collectivist. The difference is that I didn’t vote for it and you did.

    Guess you do support collectivism after all. :up:

    Ps. Slavery was a result of capitalism. If that’s collectivism too, so be it.
  • The inclusivity of collectivism and individualism.
    Racism and slavery, fascism and communism, war and nationalism, were some of the worst products of collectivism.NOS4A2

    :rofl:

    That evil “collectivism” — the root of all problems.

    Now let’s all go vote for Donald Trump and other fascists. :up:
  • The inclusivity of collectivism and individualism.


    Says the Trump apologist. :rofl:

    Case in point of the results of all this “self interest” talk.
  • The inclusivity of collectivism and individualism.
    Pursuing self-interest and being selfish are not the same.Tzeentch

    Truism, yes. Rand would say the same thing. And yet, look at the consequences. She was a staunch “laissez faire capitalist”. Turns out most people who talk about “self interest” (Friedman, Hayek, Mises, Sowell, Ryan, etc.) just happen to advocate for policies that have eroded democracy and lead to inequality not seen since the pharaohs.

    It’s just cover for being a selfish asshole. That’s all it’s ever been. It’s taking “I should have the right to own slaves” and making a theory of it. All under the guise of “we’re all pursuing our self interest!”

    Yeah, no thanks.
    Why this resentment towards the most natural drive imaginable?Tzeentch

    It’s not the most natural and it’s not the “default.” The very idea of self is a fairly recent invention. But I realize it’s been beaten into our heads so much that we take it as an unquestionable axiom.
  • The inclusivity of collectivism and individualism.
    we are all secretly selfish assholesTzeentch

    Yes— the motto of Ayn Rand and other self-absorbed persons.

    Incidentally, I’ve never advocated for the state. In the long run I hope states are dissolved. So the idea that reaction against sociopathy is advocating states is, as you say, complete projection.
  • The inclusivity of collectivism and individualism.
    You gave the example of Mao and communists China. Can you offer a similar example for individualism or is what you’re talking about merely theoretical?praxis

    It’s just dressed up Ayn Rand — i.e., an excuse to be a selfish asshole. That’s the “theory.” Just look at the results of this sociopathic ideology: vote for Trump, be an apologist for insurrectionists, defend corporate tyranny to the bitter end, advocate for neoliberalism, etc.

    So don’t expect much coherence.
  • The Economic Pie
    think I'm resistant to the notion of responsibility really applying.Moliere



    Well choose a better word then. If the blame cannot be placed on the board of directors of multinational corporations, because our governments structure how business is conducted, then the state is ultimately the culprit.

    I don’t completely agree with this picture, but if this isn’t what you’re saying I really don’t see what your point is.

    “We’re all responsible” isn’t saying much, however true that may be. Can’t we say that about any problem whatsoever? The war in Iraq…we all share blame. The Challenger explosion? We all share some responsibility. Etc. Fine — but let’s narrow it down a bit.
  • The inclusivity of collectivism and individualism.
    Individualism demands that you be a selfish asshole who doesn’t give a damn about the world outside the self.

    See Britannica.
  • The Economic Pie
    I am merely noticing that throughout this thread you
    1. Advocate the reversal of global warming by suppressing those activities that contribute to global warming.
    2. Advocate that the workers be paid more than what's enough to eat, pay for healthcare and live.
    god must be atheist

    I haven’t advocated for either on this thread.
  • The Economic Pie
    Basically, I'd say that the structure of property over-rides any commitment a shareholder may have. They may look like they have power, but I'd say it's ephemeral.Moliere

    So you’re placing most of the responsibility on the state, yes?
  • The Economic Pie
    I think possibly the counterargument being made here is that the distribution of profits doesn't have a moral component - in other words, there's no answer to "how ought the profits be distributed?"Isaac

    Why? It’s like arguing there’s no answer to how we cut a pie. It depends on many things, and there’s not one ultimate answer that applies in all cases, but there are answers to be had.

    I’ll be clearer: I don’t think distributing 90% of profits to shareholders is fair, and I don’t think the undemocratic decision making process that leads to that distribution is fair either.
  • The Economic Pie
    In all kinds of cases.ssu

    No— not the parts I quoted.

    Millions of businesses are not incorporated and don’t issue shares. I’m not sure where the confusion lies here but my statement isn’t controversial. If you think it is, you’re misunderstanding.

    f this is truly the state of things, the question becomes: is it just? Has it always been this way?
    — Mikie
    I think you are confusing two things here.
    ssu

    I’m talking about multinational corporations and how they allocate profits. I’m not sure what you’re talking about now.
  • The inclusivity of collectivism and individualism.
    “Collectivism demands that the individual subordinates himself to a group”

    So another thread based on delusional assumptions. Sweet. :up:
  • The Economic Pie
    and (2) are decided by class, I think.Moliere

    I think so too: Namely, the “class” of owners. The capitalists, really. Today that’s mostly owners of particular property, like stocks. But I could be wrong.
  • The Economic Pie
    Likely those people who own the propertyssu

    those who buy the stock then decide what to do with the profitsssu

    In terms of large corporations, this seems to be the case.

    But then they vote basically to give the profits to…themselves! What a shocker. So roughly 90% of the net earnings go back up the shareholders in the form of dividends and buybacks. Those decisions are made by the board of directors, who are voted in by the shareholders.

    If this is truly the state of things, the question becomes: is it just? Has it always been this way? Etc.
  • The Economic Pie
    Mikie actually knows this, but somehow cannot integrate it into his economic understanding.unenlightened

    Integrate what? This:

    100 people who contribute to producing something automatically incur a debt to the rest of the world for the value of the resources they have appropriated to themselves, and the damage they have caused to other resources, ie the environment.unenlightened

    Well yes, no kidding. Does this really need to be stated? The “100 people produce something” is a casual example to get the discussion going. To object to this part of the OP completely misses the point, which really concerns the distribution of profits. Anyone who’s read a word of what I’ve wrote here for years knows that I don’t think production or private ownership occurs in a vacuum. I’ve also written often about “externalities” — especially environmental degradation. So I was, and still am, at a loss regarding your response.

    Why not simply answer the questions?