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State of the Union 2014

Started by MadImmortalMan, January 28, 2014, 04:19:01 PM

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derspiess

Quote from: Ideologue on January 29, 2014, 12:08:17 PM
Quote from: Tamas on January 29, 2014, 11:54:30 AM
Quote from: Ideologue on January 29, 2014, 11:50:28 AM
Your faith in the free market is far more distorted.  My solutions may not work; you refuse to recognize that there is a problem at all.  Who's using faith-based reasoning?  His name is Berkut.

Where is this free market?

Evidently it's in the PRC, the country we should all emulate.  That was the moral of your story, right?

What are your thoughts on Labor-Managed Market Socialism? 
"If you can play a guitar and harmonica at the same time, like Bob Dylan or Neil Young, you're a genius. But make that extra bit of effort and strap some cymbals to your knees, suddenly people want to get the hell away from you."  --Rich Hall

Baron von Schtinkenbutt

Quote from: Ideologue on January 29, 2014, 12:08:17 PM
Evidently it's in the PRC, the country we should all emulate.  That was the moral of your story, right?

I thought we wanted to reduce economic inequality, not exacerbate it.

MadImmortalMan

China: We've got a million millionaires and a GDP per capita the same as Angola. Go us!
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Berkut

Quote from: Ideologue on January 29, 2014, 11:50:28 AM
Your faith in the free market is far more distorted.  My solutions may not work; you refuse to recognize that there is a problem at all.  Who's using faith-based reasoning?  His name is Berkut.

My faith is a figment of your imagination. I have no particular faith in any market, free or otherwise. I am pretty sure I've expressed that numerous times.
"If you think this has a happy ending, then you haven't been paying attention."

select * from users where clue > 0
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Ideologue

Quote from: MadImmortalMan on January 29, 2014, 01:05:33 PM
China: We've got a million millionaires and a GDP per capita the same as Angola. Go us!

Hey, if that's what it takes to get those IBM factories.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)

citizen k

Quote from: Ideologue on January 29, 2014, 01:12:35 PM
Quote from: MadImmortalMan on January 29, 2014, 01:05:33 PM
China: We've got a million millionaires and a GDP per capita the same as Angola. Go us!

Hey, if that's what it takes to get those IBM factories.

What IBM factories? They're selling everything to Lenovo.

Admiral Yi

Quote from: Ideologue on January 29, 2014, 11:50:28 AM
Your faith in the free market is far more distorted.  My solutions may not work; you refuse to recognize that there is a problem at all.  Who's using faith-based reasoning?  His name is Berkut.

Seriously?

Iormlund

Quote from: Tamas on January 29, 2014, 10:39:32 AM
My earliest and thus most impressive memory regarding minimum wage increases is the one which happened around 2001 or so in Hungary. There was an IBM hard disk factory in the city I worked at, which employed, like, most of the city. The government wanted to be re-elected so they raised the minimum wage.
Fast forward a month or two and the factory announced it would relocate to China, which it did.


Or IBM might have simply asked for too much subsidies and government officials said no. Market doesn't work when an employer has such leverage over government. Happens here all the time with Opel factory.

DontSayBanana

Quote from: Ideologue on January 29, 2014, 11:33:40 AM
I'm probably more the same now than ever before. <_<

So you're more the same.  Are you more equal yet?
Experience bij!

Ideologue

Quote from: Admiral Yi on January 29, 2014, 03:20:52 PM
Quote from: Ideologue on January 29, 2014, 11:50:28 AM
Your faith in the free market is far more distorted.  My solutions may not work; you refuse to recognize that there is a problem at all.  Who's using faith-based reasoning?  His name is Berkut.

Seriously?

I'd actually forgotten that Berk did recognize some problems inherent in inequality, etc.  So I would feel obligated to apologize, except Berk insulted my integrity and intellectual honesty first.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)

Admiral Yi

That's a strawman Ide.  Who says the free market produces income equality?

On topic, I can't believe Barry repeated that old canard about women making 77 cents on the dollar. :bleeding:

Ed Anger

Stay Alive...Let the Man Drive

Ideologue

Quote from: Admiral Yi on January 29, 2014, 06:49:40 PM
That's a strawman Ide.  Who says the free market produces income equality?

Empiricism.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)


Ideologue

Maybe I'm misunderstanding the question.  Income inequality demonstrably exists in free market systems; and forgetting observed evidence, even the least sophisticated economic theory would predict it would too.
Kinemalogue
Current reviews: The 'Burbs (9/10); Gremlins 2: The New Batch (9/10); John Wick: Chapter 2 (9/10); A Cure For Wellness (4/10)