Comments

  • Ukraine Crisis
    The whole point is that neither you nor I have the information necessary to tell the difference. So your childish misrepresentation of people's differing viewpoints, people who spend time and effort to explain a different viewpoint, is just the usual disrespect.
  • Ukraine Crisis
    That's definitely a different tune and damning if true. We're left with no ability to tell what is true and I'm wondering what we've been doing for 250+ pages.
  • What Capitalism is Not (specifically, it is not markets)
    I'm not really talking about stakeholder capitalism though.Xtrix

    I'm afraid it's not clear to me then what you're proposing. Could you expound on it? Thanks.
  • Ukraine Crisis
    The question is why would there be a ceasefire. Ceasefires happen when either one side sees the situation totally unbearable or are close to defeat and the other sees a ceasefire a far better choice than the continuation of the war. There is no imminent outside reason for the conflict to end.ssu

    You're forgetting stalemates.

    I agree with all those nuances and I think it's still good to remember we really don't know all that much so shouldn't get our panties too twisted when someone disagrees. Also, we shouldn't overestimate the ability to emulate the scientific method through a thinking process - a lot is grunt work and getting enough data which we simply don't have the time for especially in areas like these: none of us our experts. But this is a sensitive topic even so and a lot of ethical feeling is associated with it, so when someone's panties are twisted, we shouldn't care too much either and at least try to listen.
  • What Capitalism is Not (specifically, it is not markets)
    I don't want to bicker on the details of how things work; it's not a field I deem myself to be sufficiently knowledgeable about.javra

    I don't want to bicker either. It was just what I hoped to be a helpful clarification.

    But I am curious to know if you disagree with the overall conclusion that current markets by and large select for short-sighted / short-term interests at the expense of long-sighted / long-term interests.javra

    I'm not sure this is particular to current markets. All market transactions, even before capitalism, aim at that short term goal: profit.

    What we see that in the pursuit of profit new ways of generating profit are "invented". Day trading, high frequency trading, various ways that increased risk (leveraging) etc.

    I think this comes from there not really being more demand in the real economy for actual investment and resulting growth but shareholders expect financial institutions to continue to perform and preferably better than last year. So I think there's just more of it rather than that we've become more shortsighted than in the past.
  • Ukraine Crisis
    the better the consensus is because all that error checking and reviewing goes through a larger set of data. So, they all work through an analysis of the information they have access to in order to reach a conclusion with high probability, which can vary based on the information. So the more experts there are, the higher the probability of reaching a truthful conclusion.Christoffer

    Surprisingly that's false. Check out this
  • What Capitalism is Not (specifically, it is not markets)
    This is inaccurate on so many levels I can only advise you to read an actual history of Europe during medieval times and the renaissance.
  • Ukraine Crisis
    you mean this?

    Where the French were the colonial oppressor and he defines the French as terrorists and believes it was just the Algerians kicked them out? That's not supporting terrorism.

    Edit; in not saying it's not a crude way of putting it but reading support for mass murderers and terrorists even in this thread is simply not there. I still read your posts even if I think most of them are not well thought out.

    So, just as an example when you think another poster is lying, probably there's some misinterpretation going on. Try being charitable.
  • What Capitalism is Not (specifically, it is not markets)
    For instance, you have 10 corporations with stocks that compete. As it currently stands in the world we have, if one of these ten corporations desires to invest some of its profits in being non-toxic to the environment, it will make less profits in the short term. Stock owners will then tend to invest in any of the other 9 corporations, resulting in this one environmentally sound corporation loosing out and, quite possibly, going out of existence. The corporations with short-sighted interest profit at the expense of those with long-sighted interests, as so too profit those investors in stocks who don’t care about long-term consequences but about their short-term profits.javra

    This suggests shares trading affects investment but that's not how it works. Share trading doesn't result in investment, that already happened when the shares were issued. Reduced profit expectations will lead to some sell off leading to a lower share price and therefore a lower market capitalisation.
  • Ukraine Crisis
    No. How often have you accused others of "lying" in this thread? Why are you lying now and get aggressive when it gets called out?
  • Ukraine Crisis
    So you can't prove he is what you say he is, you just like to make baseless accusations about people because they happen to disagree with you? Is that it?
  • Ukraine Crisis
    Quote him. I've read every post in this thread. He's militantly anti-imperialist so support for mass murderers isn't in there.
  • Ukraine Crisis
    Which he doesn't so it's weird that's your take away.
  • What Capitalism is Not (specifically, it is not markets)
    One potential consequence is that our political governance changes along with corporate governance. Externalities and foreign trade would still exist, but would be much less of a problem — because the state would be acting under different pressures from a different set of interests. It wouldn’t be “profit over everything”, there would be less short term thinking, more investment in communities and general welfare.Xtrix

    It won't be profit over everything sure. For those part of that specific corporation. But they will continue to externalise costs where they can and there's also the nimby-principle. Don't get me wrong, I think stakeholder capitalism is already an improvement but I don't think it's enough. An additional step I would include is a dynamic equity system. That way every employee becomes a capitalist.
  • What Capitalism is Not (specifically, it is not markets)
    1. George buys a car for his own use. There's no capitalism there.

    2. George buys a car to sell. This is capitalism.
    frank

    This distinction is meaningless and pretends economic activity consist of an atomic structure instead of a web that influences and affects everything around it. There's no capitalism in the first because George can also buy a car in North Korea and there's no capitalism in the second because that's just an example of speculation, which people did well before the rise of capitalism.

    Then your earlier example of financialisation misses the point. Only a profit driven system will create increasing financial abstractions to increase market efficiency (and therefore profit) without creating anything of added value - eg. only wealth but no welfare is "created" or as anti-capitalists will point out "extracted" from, at least, the real economy if not just labour. So we have complex derivatives like the"ever-rolling snowball" (until it doesn't roll) and MBS but also high speed traders that really don't add anything but a fraction of a basispoint off your mortgage but a fraction of a few billion in mortgages adds up to a tidy profit. However, it's not a service consumers need or indeed makes their lives any better because increased complexity is married to a minimum of risk controls (cost cutting) and balance sheets aimed at business continuity (dividend payments instead of buffers).
  • Ukraine Crisis
    Which is unfortunate, since he's often a very knowledgeable contributor. I'd invite you to look at his post history, particularly things older than 2 years when he was more mellow.
  • Ukraine Crisis
    Seems to me that the bad faith emanates from those who have to pigeonhole others as "trolls" as an excuse not to engage arguments. I've had perfectly fine discussions with ssu on this thread because he doesn't have a kindergarten understanding of international relations. We still disagree. Not the end of the world.

    For others it appears very difficult to separate criticism of Western contributory negligence from Putin apologism.
  • Why do we fear Laissez-faire?
    The fact you cannot prove that all transactions throughout history are just does not entail you cannot prove that some transactions are just. Some can be proved, some cannot. Therefor it’s not arbitrary and not procedural. But I'm disappointed that all we are doing is quibbling about the word "historical". It's so trivial as to be irrelevant.NOS4A2

    Sigh. It's not trivial because it's definitional and goes to the core of why Nozick's theory lacks any internal coherence. What's the likelihood of any transaction not being tainted by unjust transfers? Zero if you know anything about history. The market salesman accepts money from a thief, the daughter inherits money made from slavery, a country stole resources through colonisation. All wealth, especially in Western countries, is tainted if you're stupid enough to think Nozick has anything worthwhile to say about justice. Nozick's idea is as retarded as it is simplistic.
  • Ukraine Crisis
    As I said. It ain't going to happen.
  • Why do we fear Laissez-faire?
    Doesn’t make it not so, either. It is impossible to prove and thus nonsensical to believe every transfer of a possession is unjust. Not all of us are giving each other stolen art, colonial plunder, and blood diamonds.NOS4A2

    Without the possibility to prove it, it is arbitrary and therefor a procedural proposal and procedure has little, if anything, to do with justice, which is why Nozick is not taken seriously by philosophers in Europe. Kind of like a footnote to Rawls if he's discussed at all. It's purely cultural that Nozick is considered an important thinker in the US due to its outsized individualism and Nozick is just an excuse to shore up anti-social laws.

    Come to think of it, I fully support everything you propose to be implemented as quickly as possible in the US and watch it crash and burn as a result.
  • Ukraine Crisis
    Your think this based on what?
  • Ukraine Crisis
    Check the facts

    In 1995, the Alliance published the results of a Study on NATO Enlargement that considered the merits of admitting new members and how they should be brought in. It concluded that the end of the Cold War provided a unique opportunity to build improved security in the entire Euro-Atlantic area and that NATO enlargement would contribute to enhanced stability and security for all. It would do so, the Study further concluded, by encouraging and supporting democratic reforms, including the establishment of civilian and democratic control over military forces; fostering patterns and habits of cooperation, consultation and consensus-building characteristic of relations among members of the Alliance; and promoting good-neighbourly relations.

    It would increase transparency in defence planning and military budgets, thereby reinforcing confidence among states, and would reinforce the overall tendency toward closer integration and cooperation in Europe. The Study also concluded that enlargement would strengthen the Alliance’s ability to contribute to European and international security and strengthen and broaden the transatlantic partnership.

    According to the Study, countries seeking NATO membership would have to be able to demonstrate that they have fulfilled certain requirements. These include:

    a functioning democratic political system based on a market economy;
    the fair treatment of minority populations;
    a commitment to the peaceful resolution of conflicts;
    the ability and willingness to make a military contribution to NATO operations; and
    a commitment to democratic civil-military relations and institutional structures.
    Once admitted, new members would enjoy all the rights and assume all the obligations of membership. This would include acceptance at the time that they join of all the principles, policies and procedures previously adopted by Alliance members.
  • Ukraine Crisis
    They'll be in NATO.frank

    That's not going to happen. First of all, a country has to be functional democracy, which Ukraine isn't and won't be for a very long time.
  • Ukraine Crisis
    Sweden shouldn't be a problem with their excellent weapons manufacturing. Not sure what the Fins bring. :razz:

    Edit: BTW, I had some older friends over one of whom was a fighter pilot in the Dutch elite squadron and worked a lot with NATO. He still has contacts and it looks like a sure win for Ukraine now.

    So I think the outstanding question is whether Ukraine should push to retake the Donbass region or not. Is that going to be a long separatist war? Crimea seems a step too far considering Russia's territorial claim to it and statements on use of nuclear weapons. What do you think, @ssu?
  • What Capitalism is Not (specifically, it is not markets)
    isn't there a fundamental problem left of the perpetual nature of corporations and limited liability. Even co-ops externalise costs and risk by limiting liability and its perpetual nature means it will always have benefit over dying people. Even if IN the co-op it is now democratic and presumably fair, then it's interaction with the rest of the world isn't. The corporation will become political, there's still no limit on how big and powerful they'll become, so we'll just have incorporated miniature countries in the long run where employees have similar interests (and likely to vote similarly) but those interests still compete with other people in society who have no say whatsoever.
  • Why do we fear Laissez-faire?
    Historical. The question of whether a distribution is just depends upon how it came about, so one has to examine the history of the transfer and acquisition of any “holding”.NOS4A2

    Just because you call it that and Nozick did, doesn't make it so. It's one of the main criticisms that what we have today isn't the result of just transfers and therefore his proposal is both ahistorical and arbitrary. Think colonisation, wars, oppression by nobility and the church, oppression of women, etc.
  • Why do we fear Laissez-faire?
    Further, all historical transfers of any certain “holdings” must be just, from its initial acquisition until its most recent.NOS4A2

    Which they aren't and weren't. So his proposal is procedural rather than historical.
  • Ukraine Crisis
    What it may look like now is this: either they stop pushing back the Russians at the pre-24 Feb border and allow Putin for some face saving way out, or they keep on pushing until they reconquer Crimea and Dombas.Olivier5

    These are results of the war. The question was what would a peace agreement look like. Russia and Ukraine need to settle and agree on the future or another war could arise even if Putin would be forced out of office. Ukraine stated it wanted security assurances from Canada, UK and the USA, none of them wanted to give it.

    So remind me again why you want the war to continue?Isaac

    Well, I have to admit that Russia's insanely backward military command structure, Ukraine's ability to listen in on Russian communication and now the arrival of GPS-guided artillery is making it very likely Russia will fail to make any meaningful gains if at all. Aside from the fact Ukraine would be prepared to make those concessions if they got security assurances (which they're not getting and why any peace deal kept failing, including USA's absence in any talks), stopping now would strategically be stupid when they're on the cusps of nullifying any gains the Russians made.

    Edit: I still think none of this answers how longlasting peace looks like.
  • Ukraine Crisis
    the kind of peace Ukraine wantsOlivier5

    And again, that kind of peace involves security assurances from countries not willing to give it. So what's the solution? It's not a difficult question to understand, even if its answer isn't immediately apparent. So again, what would that possibly look like.

    "I have no idea" is an answer too you know. But I've offered several questions you could try to answer to help you get an idea.
  • Ukraine Crisis
    Being able to trade with some Paraguay, or even China for that matter, doesn't really help Russia much. They can buy stuff from China, but they need dollars/euros first, so they need to sell stuff to Europe.M777

    China pays in yuan for Russian oil and gas. Guess where Russia spends it yuan? Nice example of pretending you know what you're taking about when you really don't.
  • Ukraine Crisis
    you were only too happy to mention Western leaders urging peace. Did they do so because they think it's pie in sky according to you or because they see a realistic road to peace? I assume it's the latter and I'm challenging you to think about what that would look like but as usual thinking beyond your pre-conceived opinions is beyond you.

    I should've asked @ssu
  • Ukraine Crisis
    Here's a map showing countries stances on sanctions btw

    https://thephilosophyforum.com/discussion/comment/686699
  • Ukraine Crisis
    So trade partners would ask for liberal democracy and giving up nukes, to which sooner or later Russia would have to agree.M777

    Plenty of countries are and will continue to trade with Russia. Your view is western centric. The majority of countries have not changed their trade relations with Russia and for the time being Europe is not free of its energy dependence on Russia.
  • Ukraine Crisis
    Most? Not even most countries have imposed sanctions. But I agree that if Russia loses this war, which seems more likely by the day, Putin is likely not to survive politically. Whether that leads to meaningful change or just another figurehead remains to be seen. Hopes or on changes to a liberal democracy are fine, insistence really none of our business and dangerous to boot as recent 40 years of history have shown.
  • Ukraine Crisis
    I get it, you're neither interested in peace nor analysis.
  • Ukraine Crisis
    A precondition for resuming trade and dropping sanctions will be an end to hostilities not regime change.
  • Ukraine Crisis
    Our forefathers fought for a host of freedoms over centuries. To give them up is an insult and thankless, so I really don't agree. Mere survival, life without dignity is not enough. I don't believe Russia poses such an existential threat. China might eventually.
  • Ukraine Crisis
    GPS-guided artillery is on its way, which allows Ukraine to threaten supply lines. That might be the end of it. Let's hope so.

    So after Putin and his regime has gone, the west would agree to trade with Russia only after a liberal democracy in installed there.M777

    LOL, because principles have obviously factored into "the West"'s decisions before. Tell me another fairy tale. We will trade with autocratic regimes if this is economically expedient.

    We're not boycotting Israel, China or any number of Middle Eastern countries either.
  • Ukraine Crisis
    So what do you mean, let Putin take over Ukraine? How's about the Baltic, Poland? All Europe?M777

    The answer is in the past you didn't quote that went before it.
  • Ukraine Crisis
    The conundrum you described has no solution that you or I can see.Olivier5

    I'd call that a failure of imagination.

    How about demilitarised zones? Or be old school about it and have an exchange of hostages? What else does Putin care about other than whatever strategic value he sees here? What is that strategic value? Can it be reached through different means? Etc. There's a multitude of avenues to explore that can give us an idea of solutions.

    I think it's more interesting to do that with someone who thinks differently than with someone who already agrees with me.