For fucks sake....The big problem is there is no evidence of any plan for violent insurrection. — NOS4A2


Great, seems that you've found to copy paste the crucial part from Marx (I remember one Lizard brain berating me on an internet quote, but anyway).Does this help? — Maw
but the cost of production, for its part, determines the oscillations of supply and demand — Maw
Yes. And there's a lot of products of which price can already be quite well known in the market when the capitalist makes the calculation to invest or not. If your planning to mine a natural resource or start a dairy, I guess the price of milk or the price natural resource is quite well known to you. One dairy or mine will likely not alter the price so much.Well no, this is putting the cart before the horse. The upper limit cost of what the general consumer is willing to put up is only known in the last instance, i.e. the products have to be produced and in market for sale. — Maw
Yes and no.Is it about state controlled economies with just different degrees of control? — frank
Yet one cannot deny that countries like China or India do have benefitted from the current era of globalization. The US has been the loser here, and we can see it now in the current situation the country is in.Sorry, a bit of confusion there. I mean globalism has destroyed so much. It’s not the great success story overall, i.e. American jobs, sweat shops, etc. — Brett
That would be owned by the government in a democracy. Not that there isn't private property. I think that people in Brunei, Monaco or Saudi Arabia do have private property.Explain what about them? In an absolute monarchy the monarch effectively owns everything. — Pfhorrest
Of course. When we look at the history of nearly all Western nations, there have been those critical times when a socialist revolution was possible. Let's not forget that Germany indeed experienced after WW1 brief revolts.It strikes me as unnecessarily risky though, to hope that when things get really bad, someone will step in in time. — Echarmion
I think a good divide would be with social democracy and with the more communists and marxist-leninist. Social Democratic ruled Sweden is quite different from Cuba (or Venezuela) are quite different.That depends on what you understand by "socialism" — Echarmion
Yes, this was what I was meaning."It" being that only leftists argue for economic reform and welfare? I'd agree with you. — Echarmion
Apart from seriously diminishing global povetry, but who cares about little things like that.. Of course the success of globalism is a lie. — Brett
Actually that was the reason and which shows that politicians that supported a monarchy can still see the needs of the people and react to social issues before they turn into open revolution.Bismarck is not perhaps the best example you could pick here, since the reason he added the "drop of socialist oil" to the mix was to avoid a socialist revolution. — Echarmion
Yet doesn't unrestrained socialism lead to unrestrained power? Look at history.But that doesn't mean there isn't always the inherent danger of unrestrained capital accumulation leading to unrestrained power. I think the struggle between welfare, unions and regulation on the one side and the profit motif on the other is hard to overlook. — Echarmion
Capitalism is the ownership of industry is held in private hands. Private ownership doesn't lead to that. For example, land ownership hasn't concentrated into relatively few hands, there are lot of small landowners in every country. Competition leads to larger producers being more efficient than smaller ones and the most likely situation is an oligopoly situation where there are a few large companies which dominate a large part of the market, but a huge portion is made up of a vast amount of small companies with niche segments of the market. Perhaps here one should make a difference between capitalism and market economy.Capitalism is the concentration of ownership of capital in relatively few hands. — Pfhorrest
And how do you explain absolute monarchies then? Hobbes? How much different is the state actually if it's a monarchy or a republic? The postman is the same postman even if the monarchy is overthrown and is replaced with a republic.Ownership of something is just is having rights in it, and vice versa. If the public has rights to the profits of industry, e.g. if taxation is legitimate, then that is in effect (even if ot in name) at least partial public ownership. — Pfhorrest
For the state it's not only an issue of checks and balances, it's also interested in it's own power.Nowadays in a post-agricultural economy there is capital other than land, which is not subject to exactly those same old feudal laws. But if it is legitimate for the state to tax the proceeds from that capital, then the state in a practical sense owns an interest in it, regardless of the words used in statutes to describe that relation. — Pfhorrest
With that I can agree with. Any economic theory that gets support usually have a point and a kernel of truth in them. And what is obvious is that real economic policy and real economic structures don't follow the pure ideological theories, but are a mixture of many.It's a movement that considers every economic theory had something useful to say and that economist should be aware of all of them. — Benkei
Say and Say's law isn't part of the economic theory of supply and demand on which modern mainstream economics is based on. I'm not familiar with what Bastiat has said on this.Marx wrote about the limitations of treating supply and demand as an economic law as it was the predominant bourgeois economic theory in his own time (e.g. Say, Bastiat) — Maw
Which doesn't take into the account of demand in the equation. That simple.Value for Marx in his Labor Theory of Value is determined by socially necessary labor time in a given society — Maw
And here what you have described the market mechanism of both supply and demand tell far better what is going to happen.But let's think about the brief example within Menger's quote using Marx's actual analysis and see why the former's criticisms is so absurd. Menger asks why the consumer should care about the productive origins of a commodity in regards to price (which Marx would call commodity fetishism). Fair enough, but what about the capitalist? In order to have a product in market she has to have a labor force comprised of wage laborers who require monetary compensation (and also require reproduction, i.e. they need to minimally feed, clothe, and shelter themselves and begin the working day again). She will additionally need the raw material along with the machine(s) or other technology that the laborers will use in producing her commodities. Likewise, the raw material requires wage laborers to extract and distribute to producers, as do the machines which need laborers to be build. — Maw
I don't think that industry being owned privately means this "complete and sacrosanct" libertarianism you talk of. The kind of Ayn Randian libertarianism in the US isn't any kind of natural consequence or end result of capitalism, it is just one result that has happened in one specific country, which has a multitude of reasons why it has gone the way it has. The idea that if you have capitalism, then you social programs and welfare state is considered theft is just quite bizarre.If that private ownership were truly considered complete and sacrosanct, then the taxes that fund the social programs of a welfare state would rightly be considered theft. — Pfhorrest
Well, actually no.If the laws of the land hold it justified and right for the state to confiscate some of the wealth of those private owners for the benefit of all of society, that is in effect saying that the people as a whole, represented by their democratic state, have some rights in that wealth, i.e. a stake in it, a bit of ownership of it. — Pfhorrest
I think people understand that societies made up of capitalists are far more complex than that. Let's remember that capitalism is private ownership of trade and industry while the classic definition of socialism is ownership of these by the community. Modern social democracy doesn't strive for that anymore, just to "curb the excesses of a market economy", hence just to regulate capitalism, in my view.A welfare state is a counterbalance to capitalism, keeping its excesses in check. Without one capitalism would eat itself alive. — Pfhorrest
SSU says things like Marx has been proven wrong because supply and demand explain the economy better and yet thinks to be taken seriously. — Maw
There is no necessary and direct connection between the value of a good and whether, or in what quantities, labor and other goods of higher order were applied to its production. A non-economic good (a quantity of timber in a virgin forest, for example) does not attain value for men since large quantities of labor or other economic goods were not applied to its production. Whether a diamond was found accidentally or was obtained from a diamond pit with the employment of a thousand days of labor is completely irrelevant for its value. In general, no one in practical life asks for the history of the origin of a good in estimating its value, but considers solely the services that the good will render him and which he would have to forgo if he did not have it at his command...The quantities of labor or of other means of production applied to its production cannot, therefore, be the determining factor in the value of a good.
The fate of conservatism is to be dragged in a direction not of its own choosing. The tug of war between conservatives and progressives can only affect the speed, not the direction, of politics. Because they cannot alter change, and due to a fondness for authority and order, conservatives are often the hand-maiden of socialism, insofar as compromises and appeasement have led to greater state control (See Bismarck and the foundation of the modern welfare state). This control has not only served to hinder the rise of socialism, but also any path to liberty. — NOS4A2
If capitalism would be so all encompassing greed, how do you explain then that even with capitalism many countries do have a lot of social cohesion and are just fine with things like the welfare state. Bismarck wasn't a leftist, but he went on with social-welfare legislation.What if the corruption is part and parcel of capitalism though? A capitalist system allows an ever accelerating accumulation of wealth. This is in a way what everyone in a capitalist system ultimately strives for - not just to be rich, but to get exponentially richer. — Echarmion
Carl Menger lived from 1840 to 1921, hence this isn't anything new. Marxist economics has been questioned right from the start and rightly so.Have you been living under a rock the past 12 years? Marxist economics has been vilified for years. — Benkei
Well, Marxists have allways said that it has experienced a revival. I thought Neo-Marxian economics was a big thing in leftist circles in the 1970's and 1980's with guys like Paul Sweezy.Like any theory about human action it's flawed but it's definitely experiencing a revival since 2008. — Benkei
Explain a bit more what you mean by this, if you have the time.The way forward is heterogenous economics and Marx is part of it. — Benkei
Well, I wouldn't be so sure about that.Nuclear fusion will never be a viable power source on earth. — counterpunch
First, don't let the populism of Trump distract you here. Just because the GOP in America is in chaos doesn't mean that conservatism around the World is in chaos and has been defeated by right-wing populists. That's a false narrative, which naturally is eagerly upheld by people from the left.In any case, there was a time when I valued these views; I still do, though not as I once did. But now it seems a repository for bigotry, jingoism, nationalism and is anti-science and anti-reason. — Ciceronianus the White

?I don't think nuclear fusion can work in earth gravity. — counterpunch
Jackson first achieved fusion when he was 12, just hours before he turned 13 on Jan. 19, 2018. His achievement was affirmed by representatives of the Open Source Fusor Research Consortium on Feb. 2

What is Trump doing with his new found free time? — Benkei

And when we get fusion reactors to be so efficient that they can compete perfectly against other energy sources, I am certain that there will many of those that are critical of the new technology, distrusting the "science" and being fearful about it's effects. Perhaps that the fusion reactor will explode as a hydrogen bomb. Heck, at least it will cause cancer or something!In terms of "big picture" stuff we probably agree; if the world had limitless clean energy that everyone could access, our greatest existential threats would be solved. — fdrake

This is the unfortunate bind in the US. Even if a net corporations would have tried to be impartial and would have upheld freedom of speech values, they likely would face even bigger wrath from the DNC and the incoming administration. Some YouTube or Twitter wouldn't be exactly favorites of the democrats if they would have allowed Alex Jones et al. use their platforms right up to last Wednesday. Americans simply don't consider any corporation to be impartial, but twist the narrative to what they want to portray.Although to be honest the US is probably a lost cause due to how money is married to politics there to an extent not possible in some of my favourite countries (Nordics, Germany and the Netherlands). — Benkei
Anti-terrorism is... bad? — Kenosha Kid
NOS, now you are only showing that Weimar-mentality. You just assume that they will use events as a pretext to remove civil liberties and and attack their opponents. This is the attitude discourse of a conspiracy theorist and a populist.I think you're right in regards to Weimar. There is an eerie similarity between the treatment of those involved in the protest and those involved in the Reichstag fire. It makes me wonder if Democrats and their GOP enablers are using the "insurrection" conspiracy theory as a pretext to remove civil liberties, particularly against their political opponents. — NOS4A2
I think the Trump crowd accept fringe views because they think that comes with freedom of speach. But yes, they wouldn't allow anyone they consider a public safety issue around (starting from ISIS).I'm pretty sure that most Trumpers would censor people on the left given the chance. They'd justify it in terms of public safety too. — five G
You are totally correct to be paranoid. For starters, ECHELON is (was) of similar age than I am. And I'm not a youngster anymore.I must confess that I'm personally a little paranoid about this kind of thing. — five G
That is totally true. So stick to your Guidelines, Baden. Really.Actually, it's not inconceivable the FBI will start asking sites like ours for IP addresses. — Baden
I support terrorism.
Long live Zohra Drif. — Brett
It is, cars are registered just once.but if it's annual number of registrations — counterpunch
And that's how in reality transformations happen. (Except that electric cars have been around since the time of the combustion engine.) And btw it is a transformation as in Germany annually roughly about 3 million cars are sold. From nothing to every tenth one is a dramatic change, counterpunch.That is a startling transformation from ...none, to not quite none - and it only took a decade! — counterpunch

Adding massive costs to the taxpayer/consumer will decrease demand, so where do need the huge energy demand on the national grid?I'd extract carbon from the air before I'd trash 47 million cars, impose massive infrastructure costs on the taxpayer/consumer, add huge energy demand to the national grid, and destabilize fossil fuel geo politics. — counterpunch
The dark side thereof is now on display. — jorndoe
And that happens with consumers choosing electric / fuel cell electric / hybrid vehicles with competition among the car manufacturers driving the costs down of these "alternative" fuel cars.We just have to get them to change what kinds of cars and energy they sell. The auto industry is already swinging heavily into hybrid or full electric vehicles. "Oil companies" are already rebranding themselves "energy companies" and investing in alternatives. It's just the smart thing to do, since one way or another oil's days are numbered. — Pfhorrest
I was trying to think of left-wing anti-Trump lackeys (meaning Biden lackeys?) that were comparable to Hannity, Tucker Carlson, Judge Jeanine, Shapiro, Rush Limbaugh, Alex Jones, etc. and came up with a video from The Young Turks. — praxis
Except Mr Trump himself. The election then was going to be rigged, remember?No one was talking about fraud in 2016. — Xtrix
Perhaps start from jokes done with bad taste?This seems rather vital to the fascist mindset, but it's difficult to empathise with someone who would say, "Yeah, if he shot someone at random I'd support that". It's an extremely common mindset so I would like to understand it, however evil it seems to me. — Kenosha Kid
Seems to me that 21st century society is facing 19th century problems while using antiquated 20th century economics as a solution. — Maw
I would, because it's part of the ideology. Fascists just loath plutocracy, nearly as much as communists do.I wouldn't class strong economic control as a defining part of fascism. — Echarmion
Learn about it. I think Xi is a perfect example of someone who is an successful autocrat, starting from little things as he abolished term limits for himself. (Trump would be the unsuccessful autocrat).China is drifting towards fascism under Xi, I don't know enough about the internal politics to judge how far it is on that way. — Echarmion
