After accumulating all of this experience and knowledge, why should I step aside when i still have a great deal to offer?
To be fair, it could well be that young Synth didn’t do anything terribly physically demanding, in which case old Synth could be a champ in comparison. — praxis
I do a great deal now, as well, but have learned how to do it more efficiently. — synthesis
Some folks (I'm not one of them) learn to lead and get the young un's to do all the hard work. — James Riley
Sounds like that's not working out. — James Riley
Thinking you can just coast in life is not such a good strategy. — synthesis
One way to lead by example is to pay a living wage and then some. — James Riley
I know that Americans don't seem to like to do much of anything anymore (except eat and watch TV/stare at digital devices), but there was a time when most Americans knew how to take care of themselves. Now, people are massively dependent. — synthesis
The more distortions you introduce into the economy, the less efficient it becomes. — synthesis
Why exactly is efficiency so paramount? — praxis
You have to let the market determine what the correct wage should be. The more distortions you introduce into the economy, the less efficient it becomes. A job's worth is dependent on what value that job produces and the supply/demand factors (of labor and labor output). — synthesis
The invisible hand is giving a hand job to self-identified capitalists, while screwing the labor supply. — James Riley
Why exactly is efficiency so paramount?
— praxis
In economics, efficiency is EVERYTHING. It's what drives the entire system. The more efficient, the more productive. The more productive, the more profit (which can be used to pay higher wages, invest in technology, or saved for other purposes). — synthesis
Right, even so, couldn't an inefficient economy provide for basic needs, and perhaps some of the extras we're so accustom to and dependent on?
Also, if we're all about efficiency and profit, then it's good to outsource labor to where it's cheapest and automate whenever possible, right? Screw the American worker if they can't compete. And let's make education as expensive as possible to help keep them down. — praxis
It is what it is, but just the same, the less economic distortions, the better. — synthesis
When things gets this out of hand, you must have leadership willing to stand-up to the entrenched players (but not radicals that believe we should do idiotic things). That never ends well. — synthesis
An inefficient economy will eventually produce no profit and things will spiral down and out of control as happens every time some dufus attempts to implement socialist "solutions." — synthesis
An inefficient economy will eventually produce no profit and things will spiral down and out of control as happens every time some dufus attempts to implement socialist "solutions." — synthesis
And countries with more efficient economies end up being prosperous and those that aren't end up constructing trade barriers that make them even worse off. And even if it's separate companies that nowdays are multinational, people still see it like a competition between countries.In economics, efficiency is EVERYTHING. It's what drives the entire system. The more efficient, the more productive. The more productive, the more profit (which can be used to pay higher wages, invest in technology, or saved for other purposes). — synthesis
Sum and substance: If you don't roll with capitalists like Elizabeth Warren, then you get to sleep with fascist nationalists like Trump, or socialists like AOC and Sanders. I'll take the latter any day, since their brand seems to work for all first world countries. Anyone who doesn't like it needs to pump the breaks on the delusional self-identifies liars. — James Riley
Funny you were just praising "a time when most Americans knew how to take care of themselves" (an extremely inefficient time compared to now) and now seem to be claiming that they could never achieve what's most important in life: profit. — praxis
If you want to look back at the "Golden Years" of a thriving American middle class (I know, they were not golden for minorities or women, but they were the years that trickle down types like to look back on with dreamy eyes) you might want to check the marginal tax rates and compare them with today. — James Riley
Look at the 19th century if you want to understand efficiency. Prices were cheaper in 1900 then they were in 1800! — synthesis
Conditions for the working class were notoriously bad during that period, with long hours, low wages, hazardous and unhealthy conditions. Child labor wasn't outlawed until 1920. You're a real humanitarian, Synthesis. — praxis
The tax rate being high eventually worked its magic (creating all kinds of tax havens and cheating). — synthesis
Get involved in philosophical discussions about knowledge, truth, language, consciousness, science, politics, religion, logic and mathematics, art, history, and lots more. No ads, no clutter, and very little agreement — just fascinating conversations.