Isn't fairness a zero sum game? How can you make things fairer without increasing the advantages of the disadvantaged and decreasing the advantages of the advantaged? — Luke
Can you document and verify that?Sure, we muddle along, trying to fix stuff up. That's what BLM are doing. — Banno
I understand that recognising one's privilege is difficult. You and I benefited from racism, even if we did not participate. Again, who has blamed which innocent people? Something concrete on which we can continue the conversation. — Banno
...they seem to be concerned about the 10-15 unarmed black men killed each year
— synthesis
Not unreasonable, given the difference between deaths of unarmed black and white men at the hands of police... again, we might agree that this is not extreme. — Banno
...backlash...
— synthesis
To what are you referring? What backlash? Folk voting for Trump? Folk invading the Capitol?
...terrorizing individuals and businesses...
— synthesis
Riots? Yeah, not nice. But it gets attention. — Banno
systemic racism narrative...
— synthesis
Hmm. Here we start to differ more directly. It seems to me beyond doubt that there is endemic racism in the US. Here, Too. I also think it needs to be called out. Is it systematic? Something systematic is wrong, given the disproportionate number of blacks in incarceration. — Banno
Calling an entire race of people racist in the most un-racist country in the world seems a bit extreme, no?
— synthesis
Sure. Who did that, then? Citation? — Banno
So, yes, I'm all for stopping the game playing. Tell me specifically what it is that BLM want, that has been accepted by the Democrats, that is unacceptable to you? — Banno
Shit, I hate it when folk refuse to back up their claims. — Banno
I can't see anything about this - Link? In what way were they anti - do they want to ban them or what?
Marxist-trained - they went to University? If you never encountered Marx, you're not educated; but what did they do, go to a reeducation camp or something?
And what aspects of their agenda have the Democrats adopted, that are objectionable? — Banno
What's BLM's agenda? — Banno
What path is that? — Banno
Over here, Labour Party - Left. Liberal Party - Right. The Liberals are a centre, liberal economic party that is distorted by a small number of very conservative idiot politicians and a media run for corporate interests. Labour is a traditional socialist party with the usual personality disorder. — Banno
Without specifics, nothing has ben said here. — Banno
Science is a process, not a doctrine. That does not mean that it is not factual. Scientific evidence may be used in support of untruths, but it does not prove them.
The odd thing about science, on which you and I will agree, is that despite this, it is quite useful. — Banno
Hm. You appeared to disagree with Isaac when he asked again for @counterpunch to provide justification...
...repeatedly making specific factual claims without even an attempt at citation or support (as counterpunch is doing here) is just wasting forum space.
— Isaac
Counterpunch is factually wrong on several points. Yet you said — Banno
If we follow your notion of correct conduct, then where does one draw the line? Can any thought be original or do we need to certify such via a lexicon of acceptable thinking?
— synthesis
Science may not be what most people believe it is; but we can make good use of it here, and should do. We can help the truth out. — Banno
Science can be as political as every other institution, e.g., the story of BIG tobacco.
— synthesis
That's a very good example of how, despite biases introduced by large, powerful vested interests, the truth will out. Despite investment and collusion, we do now have a consensus in both the scientific and political community that smoking causes unnecessary death.
I somehow think that is not the point you wanted to make... — Banno
The market is more than just price discovery as anybody who has been cancelled can attest. It's an all encompassing force that players on all sides attempt to manipulate to their own advantage.
— synthesis
As I have said before, the idea that the market is some kind of "force" is unfounded. There is no such thing. It goes back to Smith's "invisible hand", by which he meant: God. — Echarmion
Regardless of how we wish to define it, I believe we can both agree that the freer the market, the more the price of any commodity reflects the actual value contained (which is most important to having a highly efficient economy).
— synthesis
That depends on how we define "free" as well. So it's one of those statements that's true by definition, but the devil is in the details. — Echarmion
Even if this was a scientific journal, any breakthrough requires taking accepted thought and jumping up and down on it until it is no longer recognized as truth.
— synthesis
Via the complete opposite approach to unsubstantiated claim. — Kenosha Kid
Just reading through this thread, it seems to me that the site rules would benefit from something against this sort of posting habit. I know it's not currently against the rules, but repeatedly making specific factual claims without even an attempt at citation or support (as counterpunch is doing here) is just wasting forum space. — Isaac
"The market" is not something that exists like a market in your local town. It's a theoretical model that explains the formation of price according to supply and demand, if certain conditions are met.
In another sense, a "market" is just a descriptive term for transactions that happen in a specific region or concerning a specific ware.
In either case all that a market can be said to control is the price and distribution of goods, but not who profits from their production, how they use those profits etc. — Echarmion
Which raises the obvious question: why does anyone rent? Because owning is priced out of their range, because owning is not just a place to live, it's a way to get free money from other people who need a place to live, so people who have more money than they need for their immediate expenses are incentivized to buy housing just to rent it out, which makes owning more expensive, making more people stuck renting, which makes owning even more valuable to those who can afford it, raising the price of ownership, etc in a vicious cycle. — Pfhorrest
I don't follow this. Getting something for nothing (nothing of their own at least) is exactly what capitalists do capitalism for. Being able to generate profit just from owning things that other people have to pay you to use is the core of capitalism. — Pfhorrest
And finance. The most successful co-ops are banks, insurers, etc. Energy too. — Kenosha Kid
Not necessarily. For example, anti-trust laws and other methods of preventing monopolization
— synthesis
“Not necessarily” what?
Anti-trust laws are a check against capitalism.
It seems as if almost every industry is dominated by two or three players (at most) anymore.
— synthesis
As is the natural consequence of capitalism. — Pfhorrest
many people are not in a position to own (just starting-out or whatever) so there must a supplier of all things that rent involves
— synthesis
People not being in a position to own is precisely the problem, and the existence of rent exploits and exacerbates that problem.
If rent was not a legally enforceable arrangement, everyone who owns properties to rent out would have no better use for them than to sell them, and nobody to sell them too but the people who would otherwise have been renting (since nobody else is going to buy just as an investment when they in turn can’t rent it out either). This creates incentive for landlords, banks, etc, to sell off properties on terms that are as affordable as renting.
Conversely, compared to that kind of market, the existence of rent creates an incentive for the rich to own more property than they need for their own use, and gives them a means of accruing more and more, which raises prices, and leaves everyone else unable to afford to buy. — Pfhorrest
My own pet peeve is the stock market where people "earn" money passively (rent, again). Getting paid for doing nothing is perhaps the greatest con of all-time!
— synthesis
Stocks are actually qualitatively differently from rent and interest and I have no objection to them. That is the legitimate way to invest, rather than lending at interest.
With a loan, you give someone money and in return they owe you back more money, regardless of whether the loan actually benefits them or not: if they borrow and fail they still owe you even more than they borrowed. That’s really money for nothing. — Pfhorrest
With stock, you’re literally going into business with them, becoming a co-owner of their business in exchange for funding it, and only if their business succeeds do you succeed. For smart stock owners with diverse holdings, like with index funds, your success is tied to the overall success of the market, so the good of the whole economy is in your best interest. — Pfhorrest
Systemic discrimination is absolutely explicit. See this World Health Organisation report charting systemic sexism and its causes; gender stereotypes make glass ceilings and maternity is an employment opportunity "tax"; gender as a societal process apportions men and women differentially into different jobs and gets them treated differently within them regardless of individual merit.
And I have no idea how you've come through COVID and BLM without gaining even a cursory understanding of the empirical realities that systemic racism refers to.
Your position requires sanitising history, something you allegedly dislike; it begs you to answer the question of how we could emerge from an imperial history, a global slave trade, and enter into a post-colonial present without the expropriated, undermined groups of all that suffering under the weight of that history. It beggars belief that all of this can neatly be explained by differences in individual merit. — fdrake
You seem to be under the impression that the politicians need to be kept "under control", but they aren't the ones who have all the capital, are they? What about keeping the capitalists under control? — Echarmion
Capitalism takes the very natural inclination of humans to accumulate resources and turns into a tool to drive the economy.
There are, however, other approaches that are also meritocratic and market based and not top-down economies. There are already businesses right now that are not capitalist and yet compete in the same market as everyone else.
Discouraging the tendency toward consolidation would be precisely fighting against capitalism, because capitalism just is that consolidation; which is why, just as you say, capitalists fight so hard to destroy the competition that threatens it. Competition is only possible among peers, which is to say, people who are roughly equals. — Pfhorrest
My personal pick for the big bad behind capitalism is rent, including rent on money i.e. interest, precisely because that creates a tendency toward consolidation. — Pfhorrest
Yes you can. They're called co-operatives. — Kenosha Kid
Which is an argument against capitalism, because capitalism organizes things in a top-down fashion: the owners are the top, the people who live on and work with the capital that they own are at the bottom. To eliminate that top-down hierarchy would be to devolve ownership equally to the people at the bottom, which would be socialism. — Pfhorrest
Capitalism isn't just any old free market, capitalism is the concentration of wealth into few hands, and the consequent division of the people into those who own and those who don't. A free market where ownership was widely and evenly distributed would not be capitalist, but libertarian-socialist. — Pfhorrest
A welfare state is a counterbalance to capitalism, keeping its excesses in check. Without one capitalism would eat itself alive. It's thus prudent, for smart capitalists, to allow one, to keep capitalism otherwise rolling along longer, avoiding the crisis Marx predicted at its end... by slowly becoming more socialist.* — Pfhorrest
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
I don't think nuclear fusion can work in earth gravity. — counterpunch
But we need more energy - not less. That's the key. — counterpunch
What do you think of this? Is there another reason to exist other than our own feelings? — existentialcrisis
