Golden, I would never make the assertion that we live in an efficient system. Hell, the system has been designed to be inefficient. But it is inefficient for very good reasons. Having two gas stations face each other across the street when one would suffice is wasteful. But, that waste has a purpose in that it buys honesty and effort. How much should a gallon of gasoline cost at the intersection of 87 and 52? If there is only one station, then we have no idea, they charge whatever they want and customers accept whatever they have for sale, be it dirty bathrooms or stale donuts. Similarly, flex-car schemes have been tried and they always suffer the same problems: dirty cars and routinely wrecked and not repaired. People simply do not care for cars they do not own. As such, to save resources we make way more cars than we need and apply ownership. Technocracy fails to take incentives into account. As such, in the real world with real people, technocracy would have an even lower load factor than capitalism as society disintegrated in response to perverse incentive structures.
4/22/2008 3:09:19 PM
4/22/2008 3:11:08 PM
I think we have a relatively similar understanding of the facts, Snarkie. As you say, a capitalist society accepts gross inefficiencies to create the proper incentives. This allegedly makes less waste than the alternatives. I don't really buy the argument, but there's some support for it. We could debate for pages whether technocracy could have been instituted in the 1930s. Perhaps we've haven't yet developed a way to manage incentives without prices. I would suggest that current economic system isn't designed to benefit everyone. Instead, it's made to benefit the powerful. This goes for earlier economic systems as well. If not for the interests of these elites, I think a better system would exist.In any case, capitalism is objectively inefficient. As such, it cannot be considered ideal. We should try to discover a way to encourage work without the blatant inefficiencies we've discussed. If successful, this could dramatically increase standards of living for all.
4/22/2008 3:49:36 PM
My take is that production "incentives" are a relatively small part of capitalisms success. The main advantage is that the price system a) Aggregates information and solves problems that suffer from sensitive dependence on intial conditions (SDIC)b) Has the bankruptcy filter which serves to help kill off unproductive firms, unlike unproductive government programs which can live forever
4/22/2008 9:01:42 PM
I'm not sure I understand what you mean. Could you expand on the idea a bit so I get it? While capitalism clearly aggregates and distributes information, I've never heard economists talk much about SDIC or chaos theory. On the other hand, they love to discussing incentives.
4/22/2008 9:45:07 PM
i quit reading this garbage after page 1, but eyedrb won this thread many times over
4/23/2008 12:14:16 AM
4/23/2008 12:50:33 AM
4/23/2008 12:52:17 AM
then their cultures should change, having a lot of kids for the sake of culture is retarded and should not be encouraged through free education and tax breaks...the biggest problem in the next 30 years is not gas prices nor mortgages nor poverty, it will be population control, and successful people, as a rule, have fewer kidsand notice the numbers on projected population, it's just scary (although a good time as a whole to own property!)[Edited on April 23, 2008 at 12:59 AM. Reason : ]
4/23/2008 12:58:17 AM
4/23/2008 1:08:14 AM
4/23/2008 1:10:37 AM
that is true, im seeing a great deal of mexican only children...
4/23/2008 1:12:53 AM
4/23/2008 3:51:15 AM
4/23/2008 9:01:22 AM
Let's just shower poor people with free money, healthcare, food, and shelter. Hoping they will see the light get off their couch and be productive in society and not spend all their leisure time smoking crack rocks.
4/23/2008 10:03:24 AM
4/23/2008 10:05:33 AM
4/23/2008 10:38:32 AM
4/23/2008 12:39:18 PM
4/23/2008 12:56:40 PM
4/23/2008 1:26:35 PM
4/23/2008 1:47:58 PM
Grumpy, What im advocating is responsiblity. Im saying I dont care what you do with your life as long as you handle it. Now when your irresponsible actions are paid for by the taxpayers, then the taxpayers should have a say in your matters. I dont think in a country this rich that kids should starve. I just dont think its the govt job to do it. And in case you didnt notice, alot of "poor" kids are now obese.I mentioned entitlements grumpy, bc that is where the majority of our money goes currently and is the fastest growing expense. Adding more entitlements is out of the question in my mind. When we need to cut spending across the boards, even to entitlments, and reform the programs all together. Lets stop encouraging people to have kids and remain unmarried bc the get more cash. I dont think the majority of people would disagree with that thought. Do you Grumpy?
4/23/2008 2:39:52 PM
4/23/2008 2:39:55 PM
4/23/2008 3:43:48 PM
4/23/2008 4:43:50 PM
Grumpy, you dont see how the system encourages you? I have a very REAL example for you. I had a tech who was divorced and had a kid. She made too much money to qualify for assistance, esp since she lived with her mother. So she goes out gets pregnant so she can "quit her job and stay at home." Im against any system that rewards that behavior. Ive already mentioned people putting their kids on ADD meds to get thier kids on disability for more money. Do we not pay more for every kid you have?Do you not get less money if you have a spouse esp one with an income?On, the food deal. Look at the measures we take to keep up with our food demands? Hormones, etc. I dont think we are running out of food here either, but there is no doubt a level of population that isnt sustainable, would you agree?The current welfare reform requires the parent find work after a certain period of having a baby. OR you could just get pregnant again and avoid finding a job. Which is easier?I dunno, just a couple of examples of how we encourage irresponsible behavior. Kinda like a housing bailout. BUt thats a different topic.[Edited on April 23, 2008 at 4:57 PM. Reason : .]
4/23/2008 4:55:08 PM
4/23/2008 5:21:01 PM
4/23/2008 5:51:09 PM
I dont understand you Grumpy, I give you real examples and you choose to ignore them.Your lack of knowledge on entitlments is pretty evident. I dont know if that is out of ignorance or just refusal to listen to people. I dont mean that as an insult. You just seem naive to me. Go spend 4 years working a downtown health clinic in memphis, it will open your eyes.Ok, since you dont see how getting more money per kids is a reward, let me simplify it for you.In order to bring home money I have to work. So I provide a service and get compensated for that service. This is true for millions of americans...agreed? If I choose not to work that means NO money. Ok. Now If I choose not to work, I can get a check mailed to me every month If I had a kid. The more kids I have, the more money comes in. Where as I would have to work harder or more hours to get more money, correct? Now, here is the clincher... who pays for MY kid? I do, now with less of MY MONEY.Let me really break this down for you. Lets say there are two people in the US. Grumpy and DocB. DocB works 40hrs a week and makes a 100 bucks a week. Grumpy chooses not to work and makes 0 a week. Now grumpy has a kid, now we send grumpy 20 bucks a week. Now Doc takes home 80. That money has to come from somewhere, correct? Now you have two kids, so you get 40 and I make 60. Now I have a kid... I have to work and raise my kid on 60% of my salary, while you get REWARDED for being irresponsible. Savy?About the marriage thing. Yes, benefits are determined by household (family) income. Its why many people choose to live together and have kids rather than be married. That way the mother can get her and the kids on medicaid and other programs, while the father makes too much to be eligible if they were married. Since it is mostly determined by ones income, the cut off varies by state.Yeah, my point on the food production. I have a friend who is a big health nut, she probably could better address this, but it basically boils down to the chemicals we pump into cows to not only fatten them up quicker, but so they will produce more milk so we can milk them more often. The same, other than the milking, can be said with turkeys, chickens, etc..
4/23/2008 7:49:00 PM
Tax and welfare benefits should not extend beyond 2 (maybe 3) kids.Instead of the current system where every baby is a payraise.
4/23/2008 8:14:59 PM
why not one? What is wrong with having people getting thier checks get birth control?
4/23/2008 8:21:04 PM
I am in favor of a growing population, so I have no objection to subsidizing the reproductive behavior of others.
4/23/2008 8:35:26 PM
loneshark, and you have every right to. I, however, choose not to. So i get pretty pissed when they take more of my money to pay for this BS.YOu do away with an income tax, then we both can send our money to where we both choose. Whats wrong with that?
4/23/2008 9:05:05 PM
4/23/2008 9:46:54 PM
4/23/2008 9:59:17 PM
Bridget entitlement spending is growing, FAST.Since you mentioned the war. We spent anywhere from 100-114B last year, depending on what source you read. No doubt a shitload of money.We spent:586B on SS 21%394B on medicare 14%276B on medicaid 10%367B on welfare/unemployment etc. 13%The big three are expected to grow a combined 33% next YEAR. The boomers are coming. This is the iceberg dead ahead... but no one wants to talk about.Im sorry if im worrying about the 60% of spending and GROWING as more of a concern than 100B a year. No hate
4/23/2008 10:12:12 PM
Not to be blunt, but energy credits as a fundamental unit to build an economy around is perhaps the dumbest idea I have ever heard. Ignoring the fact that not all forms of energy are equal (do you want your energy in the form of electricity or propane? Who decides who gets which?) But your system will suffer from the same problems inherent in an economy based upon the gold standard because it is pro-cyclical. Whenever a consumer choice induced crises develops the money supply dries up because people hoard the backing commodity, be it gold or gasoline. Imagine if today's prices had been fixed to energy instead of allowed to float independently as the dollar is. Yes, you fix the price of energy, but that means all other prices fluxuate wildly: prices would have quandruppled from 1986 to 1989 and then collapsed 90+% from 2001 to 2008. In comparison, prices fell 30% during the great depression.
4/23/2008 10:16:05 PM
4/23/2008 10:54:34 PM
4/23/2008 11:25:45 PM
4/23/2008 11:36:00 PM
4/23/2008 11:40:56 PM
4/24/2008 12:26:47 AM
4/24/2008 12:36:47 AM
4/24/2008 12:45:47 AM
4/24/2008 1:02:24 AM
We would all have been better off if your post was never made. Nothing you said contributed to the discussion and most of it is known to be false by even the least versed among us.
4/24/2008 1:18:36 AM
You can't just declare victory and move on. Either justify your self righteous response, or prepare to be tormented until you do.
4/24/2008 1:37:10 AM
4/24/2008 2:22:37 AM
Well, nevermind.[Edited on April 24, 2008 at 2:26 AM. Reason : ^]
4/24/2008 2:26:09 AM
I don't think you can catagorically say that people are poor for any one reason. I do believe that many poor people abuse things like wellfare, dissability, and social security. I get a small dissability check every month (10%) for nerve damage to my left eye I recieved from being blown out of the back of a 7-ton truck in Iraq. I Know a girl who is poor by virtue of her earned income (she doesn't work) who gets 50% dissability for being a drunk. She drives a hell of a lot nicer car than I do and lives in a 3 bedroom house. Numerous times I have seen people pay for their groceries with food stamps and then pull out a wad of cash to buy litterally a shopping cart full of alcohol. Made me feel great about how my tax dollars are spent. The point is that as long as these individuals recieve money from the government, they will never have any incentive to try and improve their situation.I also believe that there are many poor people who do need assistance and are not abusing it to support their poor lifestyle choices. I'm not cynical enough to think that no one out there is trying to better themselves. It's just that I've met much fewer of them. I think that you have to look at each case individually.
4/24/2008 3:26:14 AM