Pope condemns sweatshops and unemployment in May Day message

Started by Martinus, May 01, 2013, 03:01:40 PM

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The Brain

The Pope has taken a vow that forbids him from having sex with adults and you talk about sacrifice?
Women want me. Men want to be with me.

Razgovory

Quote from: Admiral Yi on May 02, 2013, 11:29:54 AM
Quote from: Tyr on May 02, 2013, 02:01:26 AM
Being wealthy isn't really enough of a reason for giving people a job, that would be a bit silly, you have to actually be an employer in a position to do something too.

Why is that?  What's preventing the Vatican from using its money to start up a company and hire a bunch of people at a loss of $10 a person?

They do.  They are called Catholic Schools, Churches and Charities.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Admiral Yi

Quote from: Razgovory on May 02, 2013, 11:43:52 AM
They do.  They are called Catholic Schools, Churches and Charities.

So nothing stopping them from hiring some more.

Razgovory

Is that your way of saying the Pope does indeed "Walk the Walk".
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

The Minsky Moment

Quote from: Admiral Yi on May 02, 2013, 11:35:37 AM
I'm saying that if a sacrifice should be made for the common good it should be made by all of us and not just by "those guys over there."

So you are saying what the Pope is saying. 
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Eddie Teach

Quote from: Admiral Yi on May 02, 2013, 11:35:37 AM
I am not.  I'm saying that if a sacrifice should be made for the common good it should be made by all of us and not just by "those guys over there."

:yes: Welfare > charity
To sleep, perchance to dream. But in that sleep of death, what dreams may come?

MadImmortalMan

It's not charity for one dude to decide another dude should give stuff to a third dude.
"Stability is destabilizing." --Hyman Minsky

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

Admiral Yi

Quote from: The Minsky Moment on May 02, 2013, 12:16:03 PM
So you are saying what the Pope is saying.

I am not.  The Pope has done nothing to demonstrate he believes this proscription applies to the Catholic Church.

Eddie Teach

Quote from: MadImmortalMan on May 02, 2013, 12:25:44 PM
It's not charity for one dude to decide another dude should give stuff to a third dude.

If other dude decides to give stuff, it's charity. If he doesn't, nothing gets given. Il Papa is not his master.
To sleep, perchance to dream. But in that sleep of death, what dreams may come?

Tamas

Quote from: Peter Wiggin on May 02, 2013, 12:28:37 PM
Quote from: MadImmortalMan on May 02, 2013, 12:25:44 PM
It's not charity for one dude to decide another dude should give stuff to a third dude.

If other dude decides to give stuff, it's charity. If he doesn't, nothing gets given. Il Papa is not his master.

he meant welfare

Eddie Teach

To sleep, perchance to dream. But in that sleep of death, what dreams may come?

crazy canuck

Quote from: Admiral Yi on May 02, 2013, 11:33:55 AM
Quote from: Tyr on May 02, 2013, 04:29:43 AM
Well thats...not a ringing endorsement of doing good.
What if  your company was earning a million a year and you only lost $10 on account of having this extra person?
Considering you're a millionaire would you really balk at spending $10 to make a good guy (assume you wouldn't hire a dick) 's life significantly better? Maybe he has a family too. And this is charity you can actually see the effects of in your home country, not like throwing $10 a month at some far away good cause, if others followed the same thinking then the unemployment rate would drop and the country and your life would be better.

How many companies can you name that are owned by one guy?

I know of a lot of companies that have one shareholder. I know of even more where one person is the majority shareholder.

The Minsky Moment

Quote from: Admiral Yi on May 02, 2013, 12:27:38 PM
Quote from: The Minsky Moment on May 02, 2013, 12:16:03 PM
So you are saying what the Pope is saying.

I am not.  The Pope has done nothing to demonstrate he believes this proscription applies to the Catholic Church.

The Church employs hundreds of thousands of people and its hiring and firing decisions are completely unrelated to any profit motive, so clearly it is acting in conformity with the Pope's dictum.
Your claim depends entirely on a stubborn misreading of the what the Pope actually said. 
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Admiral Yi

Quote from: The Minsky Moment on May 02, 2013, 01:16:56 PM
The Church employs hundreds of thousands of people and its hiring and firing decisions are completely unrelated to any profit motive, so clearly it is acting in conformity with the Pope's dictum.
Your claim depends entirely on a stubborn misreading of the what the Pope actually said.

I was responding to Squeeze, who said it's an obligation of the wealthy.

Your interpretation of course means that the Pope's comments are an attack on profit, which is return on capital, which is deferred consumption. Which gets us back to misguided class warfare and an unintended attack on people saving for retirement.


Admiral Yi

Quote from: crazy canuck on May 02, 2013, 01:15:16 PM
I know of a lot of companies that have one shareholder. I know of even more where one person is the majority shareholder.

So do I.  But to hear Squeeze talk, company is synonymous with rich guy.