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Sen on the future of capitalism

Started by Warspite, March 11, 2009, 04:53:00 PM

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Evil Spock

#75
March 12, 2009, 12:07:41 PM
Quote from: Queequeg on March 11, 2009, 11:54:05 PM


Spock=Habbaku, right?

Nay, I was once Baron Jukaga

Habbaku

#76
March 12, 2009, 01:10:01 PM
Quote from: Grallon on March 12, 2009, 08:08:21 AM
So that Evil Spock was Habbaku.  Cute but clueless unfortunately.

It wasn't/isn't, but that doesn't stop you from being hopelessly misinformed about everything.  I'd say you were cute, as well, but you'll probably be 50 next week, so it's best not to bring these things to attention.
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.
-J. R. R. Tolkien

Queequeg

#77
March 12, 2009, 10:15:46 PM
Quote from: Berkut on March 12, 2009, 08:09:15 AM

I'd also argue that your kind of Market Liberalism has yet to provide much beyond the occasional hasty, unegalitarian bubble  that collapses at the cost of global stability.

I think it has provided decades of unprecedented economic growth, wealth, scientific progress, an increased lifespan, vastly increased standards of living for pretty much everyone in the world, stability, reduction in wars and violence, and really good coffee.

Other than that, you are right - market liberalism/capitalism has been a disaster.
[/quote]
You notice the word "Your" there, Berkie?  What do you think it means?  I'm no Socialist. 

And I fail to see how this has anything-at all-to do with my argument.  The most deregulated financial markets in the world are collapsing like a toothpick Taj Mahal while more conservative economies (say, Germany's) appear to be surviving. 
Quote from: PDH on April 25, 2009, 05:58:55 PM
"Dysthymia?  Did they get some student from the University of Chicago with a hard-on for ancient Bactrian cities to name this?  I feel cheated."

Habbaku

#78
March 12, 2009, 10:30:26 PM
Quote from: Queequeg on March 12, 2009, 10:15:46 PM
The most deregulated financial markets in the world are collapsing

Which would those be?
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.
-J. R. R. Tolkien

Queequeg

#79
March 12, 2009, 10:30:33 PM
Quote from: Habbaku on March 12, 2009, 01:10:01 PM
Quote from: Grallon on March 12, 2009, 08:08:21 AM
So that Evil Spock was Habbaku.  Cute but clueless unfortunately.

It wasn't/isn't, but that doesn't stop you from being hopelessly misinformed about everything.  I'd say you were cute, as well, but you'll probably be 50 next week, so it's best not to bring these things to attention.
I remember you being somewhat libertarian so, combined with your tenancy to be somewhat terse, I figured you were Spock.  Fair enough guess, just turns out I was wrong, no reason to blame Grallon.
Quote from: PDH on April 25, 2009, 05:58:55 PM
"Dysthymia?  Did they get some student from the University of Chicago with a hard-on for ancient Bactrian cities to name this?  I feel cheated."

Queequeg

#80
March 12, 2009, 10:32:35 PM
Quote from: Habbaku on March 12, 2009, 10:30:26 PM
Quote from: Queequeg on March 12, 2009, 10:15:46 PM
The most deregulated financial markets in the world are collapsing

Which would those be?
The ex-Soviet Republics, Ireland and some of the random free-market autocracies? They are all collapsing like stones and I tend to associate them with flat tax and free investment.

That said I'm willing to admit this is largely perceptive, I've read little about those financial markets, all I know is that Brazil and Turkey seem to be doing well now because of that awful ,evil, government oversight.
Quote from: PDH on April 25, 2009, 05:58:55 PM
"Dysthymia?  Did they get some student from the University of Chicago with a hard-on for ancient Bactrian cities to name this?  I feel cheated."

MadImmortalMan

#81
March 12, 2009, 11:42:22 PM
Quote
The ex-Soviet Republics, Ireland and some of the random free-market autocracies? They are all collapsing like stones and I tend to associate them with flat tax and free investment.

That said I'm willing to admit this is largely perceptive, I've read little about those financial markets, all I know is that Brazil and Turkey seem to be doing well now because of that awful ,evil, government oversight.

Don't most of the ex-SSRs and ex-eastern bloc countries with flat tax still have really high rates of public enterprise ownership? Or rather, kleptocrat-ownership...

Choose your flavor of interventionism.

Ireland is a popping bubble, and Brazil is on an oil investment boom. Last I saw, Turkey was hurting bad.
"Stability is destabilizing." --Hyman Minsky

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

Monoriu

#82
March 13, 2009, 01:52:13 AM
I am not aware that the HK economy, one of the most deregulated in the world, is collasping.
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