search results matching tag: e commerce

» channel: learn

go advanced with your query
Search took 0.000 seconds

    Videos (55)     Sift Talk (6)     Blogs (4)     Comments (220)   

Kevin O'Leary on global inequality: "It's fantastic!"

enoch says...

@Trancecoach
ok.
i always agree with you to a point and then you lose me.
i agree that commerce and free markets (with non-aggression) can be a good thing.
i agree that a bloated and corrupted government,bought by those who wish to game the system,a bad thing.
i also agree that inequality is not necessarily a bad thing.

but as @newtboy pointed out.history is a great teacher.
so while inequality is not really my main issue.fairness and justice IS a main issue.

the new global mafia principle only serves the powerful.
and while it may create prosperity for some,it emiserates far more than it helps.
so we both agree that this plutocracy HAS to go,what do we put in its place to keep the scales of fairness and justice equal? giving ALL an even playing field?

we both agree on the problem.
what do you suggest is a fair a just solution?

i know what mine would be but i curious what you envision the solution to be.

Kevin O'Leary on global inequality: "It's fantastic!"

Trancecoach says...

"As I see it, there is a finite amount of money"

This is only true if cryptocurrencies like BitCoin have their way. According to the Fed, by contrast, an infinite amount of money is but just one click away...

Cronyism aside, this is not true at all:
"When one minimally productive person gets 50% of the capital in a project, it's impossible for anyone else to be compensated fairly."

No minimally productive person would get 50% in a free market. And "minimally productive" according to whom? Are you going by the Labor Theory of value? Because the Subjective Theory of Value posits otherwise. It shows that this could not happen (providing an absence of cronyism which, at the moment, is baked into the system). In other words, no one would voluntarily pay 50% of anything to someone they consider to be minimally productive. Would you?

Money is just a medium of exchange whose value is determined by the market. There are some scarce resources (as well as some non-scarce ones). Having limited money/medium of exchange makes prices go down. Wouldn't you want to pay less for gas, food, etc.? When the central banks inflate the currency (i.e., increase the money supply), there is potentially "unlimited" money to buy scarce goods. The market then makes prices rise as a result, making people effectively poorer.

"To say "much of the world is coming out of poverty" ignores reality. Perhaps the ruling class of much of the world is coming out of poverty"

Flat wrong: Look at the statistics. Millions in India, China, Southeast Asia, and other places throughout the world have come out of poverty in the last couple of decades. This is a fact.

The ruling class is never among the poor so I don't know what you mean by, "perhaps the ruling class of much of the world is coming out of poverty." What?

"This is usually not in spite of governments, but rather because of them."

Sure, it is mostly because of governments that such poverty takes so long to be eradicated. Corruption and stupid ideas like the "war on poverty," along with cronyism, currency inflation, commercial regulations, taxes, "intellectual property" laws, and more all contribute to this stupidity which keeps people poor. Throughout the history of civilization, only innovation and free commerce has brought people out of poverty on a larger scale.

I won't argue, however, against the idea that governments are always corrupt, since I completely agree. Nothing good comes out of government that could not come to us, more efficiently, more cheaply, and more effectively from private free commerce.

"Praxeology only shows what human behavior is like"

More or less, it shows the logic and the logical consequences of the fact that humans act.

"it is not an accurate predictor of behavior in an environmental hypothesis."

It depends on what you mean to predict. It is not prediction. It deals in apodictic certainties. Humans act and employ chosen means to achieve desired goals. These are certainties, not predictions. Other things are unknowns, like time preference, the means chosen, the goals desired, etc. and those you need to either predict (thymology) or wait and see (history).

"History is better, and when wealth inequality becomes so outrageous that the populace can't survive on what's left for them, they revolt."

So far yes, history would indicate this is a likely outcome or consequence, although you may need to look more closely at which sector of "the populace" has historically revolted or instigated revolt.

"I hope that this asshat (even if he's just pretending to be an asshat) is among the first ones hung, quartered, and force fed to his own family (like they did in France)"

What has he done to deserve being tortured and murdered? I am unclear about that. The revolution in France, of course, was a disaster that amounted to little good for all involved. But things like that have happened before, and could certainly happen again. Same with the Russian Revolution. Or the Nazi takeover of bankrupt Weimar Republic.

Human behavior cannot be predicted mathematically. Only econometricians seem to think so. Certainly not praxeologists! In fact, that's the basis of Misean praxeology: that you cannot predict human behavior and so economics differs from the natural sciences and requires a different method of analysis.

"that placates the Right Wing, right?"

I have no idea what would "placate the Right wing" or not. Let's not conflate right-wing statists with anarchists. Two completely different things. I also don't care what would "placate" the right wing.


If you really care about inequality, do what you can to oppose government policy, especially warmongering and central banking. They are the biggest contributors to the class divide, regardless of how you parse the data. (Of course, you may find that you can do very little.)

If you think you should be paid as much as the CEO of Apple, then by all means you should try applying to that job. I am not saying you are not worth it, but it's not me you have to convince...

newtboy said:

<snipped>

Kevin O'Leary on global inequality: "It's fantastic!"

Trancecoach says...

Try as I may, I just don't care about wealth inequality. I care about poverty, but I really don't care about how much money a rich person has. And I may care about government redistributing money one way or the other (usually from the bottom up), but about "inequality," per se, I really don't care.

Praxeology shows you what a just environment for the maximum wealth of a society should look like. Thymology shows you why inevitably some people will make more money than others in a fair playing field. When inequality results not so much from thymological differences but from praxeological distortions, then you should suspect foul play.

Too often, anti-inequality folks ignore thymological differences while trying to distort/impose praxeological laws to force compliance, a recipe for certain failure.
Still, much of the world has been coming out of poverty, a testament to the power of commerce and its ability to bypass governments altogether.

capitalism 1920's style-the face of unfettered capitalism

chingalera says...

Section 1:

"Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal."

Section 2:

"Every person who shall monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations, shall be deemed guilty of a felon."

There's been a law in place since 1890 and amendments after, that remain fundamentally ignored.

U.S. Chamber of Commerce President on Immigration Reform

Yes Men hoax Chamber of Commerce press conference

U.S. Chamber of Commerce President on Immigration Reform

James Hansen on Nuclear power and Climate Change

ghark says...

Reactors don't produce weapons grade plutonium? Then where is weapons grade plutonium made? I think you'll find that it's made in exactly the same reactors as there is no real distinction between a reactor used for power generation and weapons generation other than in name.

"Uranium ore contains only about 0.7% of the fissile isotope U235. In order to be suitable for use as a nuclear fuel for generating electricity it must be processed (by separation) to contain about 3% of U235 (this form is called Low Enriched Uranium - LEU). Weapons grade uranium has to be enriched to 90% of U235 (Highly Enriched Uranium or HEU), which can be done using the same enrichment equipment. There are about 38 working enrichment facilities in 16 countries"
http://www.cnduk.org/get-involved/parliamentary/item/579-the-links-between-nuclear-power-and-nuclear-weapons

The point is that continuation of current tech makes it a lot more economical to produce weapons tech, whether that be weapons grade plutonium or depleted uranium (DU). Reactors can cost upwards of ten billion dollars to build, why would a weapons manufacturer want to pay for one of those out of their own pocket when they can have the taxpayer's pay for nuclear power plants that can produce what they need?

"Every known route to bombs involves either nuclear power or materials and technology which are available, which exist in commerce, as a direct and essential consequence of nuclear power"
- Dr. Amory Lovins (from NEIS)

In terms of renewables:, the 'new' renewables only account for about 3% of total energy use, so if that's what he meant then he's not far off. Stats from IEA, however, state that wind has had an average growth rate of 25% over the past five years, while solar has averaged an annual growth rate of over 50% in the same period. So their impact is increasing fairly rapidly. So I'm not sure why he's so pessimistic about them when the IEA is not.

Have environmental groups specifically spoken out against the type of nuclear reactors he is talking about? Which ones?

GeeSussFreeK said:

I think that you will find reactors don't produce weapons grade plutonium, rather, they produce a grade of plutonium known as reactor grade. Weapons grade plutonium is upwards of 95% Pu239. Reactor grade plutonium is what is known as weapons usable, not weapons ready. This is because of the high contamination factor of Pu240, Pu241, and Pu242. These heavier breads of Pu have both high spontaneous fission rates (bad for your fission weapon), and considerable heat, enough so to make weapons fabrication a problem (is it bad when your closed weapons device needs ventilation to not melt itself). While these problems are addressable in advanced weapons platforms, outside of well established nuclear weapons programs, making weapons from them is very challenging.

The main trouble, however, I think is economics, and nuclear is forced to internalize many of their impacts where as other solutions, mainly fossil fuels, do not. That is a pretty key competitive disadvantage.

Also note that electricity is only a fraction of total power, total power includes many non-electrical uses, most notably motor vehicles via liquid fuels. When you look at solar in this light, it represents a sub-fraction of a percent. So 5% of annual solar electrical generation is only a small part of a larger energy picture, and picture which also needs to be weighted against the rest of the world for which solar provides very little power. This isn't an attack on solar, it is a bringing to light of how vast the gulf is to address climate issues with any one technology.

So I think you will find that he isn't off by orders of magnitude, rather, he was being pretty generous to the total amount of energy produced by solar and wind world wide, and climate issues and emissions are world issues.

Key World Energy STATISTICS IEA:

http://www.iea.org/publications/freepublications/publication/kwes.pdf

(I trust the IEA's numbers)

But I share the sentiment that we need to reduce coal and gas to address climate concerns. The fact that German emissions have risen for 2 years in a row is troubling to say the least. I consider France and Sweden to be better models, lower CO2 per capita and electrical prices in both cases compared to Germany, and both heavy nuclear users...with Sweden using a fair deal more hydro power than France. Nuclear and hydro are the proven heavy lifters in the area of CO2 reductions, which is why I think his criticism of environmental groups in addressing climate issues is justified as they generally oppose both.

CLIMATE CHANGE AND NUCLEAR POWER 2012 IAEA:

http://www.iaea.org/OurWork/ST/NE/Pess/assets/12-44581_ccnp2012_web.pdf

Male Cops Strip Woman During DUI Arrest

chingalera says...

Ain't gonna happen, it's a gang not a club.
The institution has become wholly corrupt and complicit with those who would observe and dictate to all how much free will they are allowed. Will only get worse until (if at all) people stop giving them more and more and more power.
Best bet for peeps in the states, since people give away their rights as humans with robotic fervor, is to GTFO before the shit implodes....because when Wiemar Republican inflation hits, many people in the U.S. will embrace their hind-brain survival-mode circuits, and it's gonna be dangerous and martial here, for a reasonably long, foreseeable future.

Why will peeps in the U.S.(UK) panic? Because a very small percentile of citizens have any survival skills beyond credit or commerce anchored in $$, and when that's gone shit gets uncooperative in large groups of hapless desperadoes.

I wanna be far, far away from idiots when it happens, with a clan of about 30, absolute motherfuckers....and their wimmins.

Lendl said:

I don't believe anything a police officer has to say. Until all the "good" police officers start calling out all the piece of shit police officers...

Trancecoach (Member Profile)

enoch says...

read your response.
a lot of postulating and assumptions.
i know (or assume) not with ill-intent,but still there.
gonne have to go bullet form here..blech..loathe bullet form.
please forgive.

1.i did not suggest "full-blown" socialism.nor did i suggest we do what has been tried in the past.
silly,un-imaginative tripe fed by over-paid and dull thinking professors.
ever wonder why there is an economics course and a business admin course?
there is a reason for that.one is theory the other practical application.
and economists get it wrong...and often.

2.you mentioned twice socialism in relation to fascism.
are you aware they are not even on the same playing card?
meh..i guess we could call the corporate socialism we have now a form of fascism...but it would be a stretch.
do not confuse a political system with an economic one.

3.you think everything should be subject to a free market.even firefighters,police and roads.
i do not think you thought that particular nugget through.

the problems with socialism are well documented and well understood.
as are the problems with capitalism.
the real problems arise when things are not taught properly.

problems arise when people are taught that democracy and capitalism are somehow like peas and carrots.meant for each other.
that they are the end all be all and make jesus smile.

corporate propaganda bullshit.
france is a democracy.
they have capitalism AND socialism.
in fact..when you look how how many of the european socialist countries are doing and compare them to..well..us.they seem to be doing quite well for themselves.
so i dont know where you get your "socialism is a failure" idea from.

i guess i owe you an apology.you thought i was attacking you in some manner.not at all.
i was stating your right to disagree with me.

i was not conflating that somehow socialized medicine is somehow better or produces better health and that somehow a free market person wants death to all kittens.

my point is that health care should be a collective project but i believe i also entertained a free market solution as well.
BUT..the playing field has to..MUST..be level for all players.
it appears that some of my comments you took as directed towards you my friend.
this is not the case.
unless you ARE healthcare and in that case i am in the matrix.

the quote i posted is from adam smith.from his stellar book 'wealth of nations".
too bad his words have been twisted and contorted to not even have the same meaning anymore.oftentimes it is professors who perpetrate this travesty.

what adam smith was trying to convey is that for a free market to truly work as balancing agent and force corrector there had to be absolute liberty.
but we dont have that do we?
therefore it stands to reason we cannot have a free market.

ok ok.
i do not "feel" we live in a plutocracy.
i know it.
a legislation that has been purchased by wall street and corporate elite to enact laws which benefit them and their companies in the form of capital gain is..by definition..plutocracy.

smart ass

look man.
i think we are coming from the same place but have come to different conclusions.
you know..opinions.

you mentioned cuba as an example of poor socialized medicine.
well allow me to point out bangledesh slums,or somlia and their roving band of warlords.
they have free markets.

the discussion you and i are having is really 'what is governments role".
i agree with so many of your points..truly.
in my opinion the governments role in regards to commerce should be that a fraud police.thats it.
AND to dissolve the corporation and go back to the 1864 model.
if we cant do that at least..the very least...rewrite the corporate charter.
if we cant do that can we at LEAST put back the line "for the public good" (removed in 1967 or 68).
and make these huge entities accountable for their actions and made liable for any and all :death,destruction,disease and suffering.

could we..could we ..please pa..could we?

weeeeell,thats never gonna happen.the reason the west developed was due to governments and corporations getting in bed with each other.
no way america would have the standard of living we have without that ugly beast.

people think america goes to war for ideology?
ha! not a chance.
its fucking business baby!

so..yeah.
my friend there are no easy answers.
and i apologize if you took my previous comment as an attack on you in any way.
never..ever ever.
i respect and admire you immensely.
though i disagree with you on this,that will never take away on how i perceive you.

i am a dissident.
an anarchist.
i have unplugged from the system many moons ago.i refuse to feed the beast.
i did my duty and gave this country a few years and then turned my back and walked away.
which i know may seem in contradiction to what i am proposing in regards to healthcare.
maybe i am naive in some respects,but government does have a role and i would prefer it to be at the betterment of its citizens.
social security has been a great success (not according to some people but look at the stats..it has been fantastic).

you are so right that this is not an issue handled and packaged in one easy sitting.it takes discussion of hard truths.
but for that to happen there has to be respect and i respect you immensely my friend.
it is getting late and i am one pooped lil puppy.
but i am fully enjoying my conversation with you.

let me end with sharing a man who makes an argument so much better than i could.
he is an economist.so he is probably wrong.




Democracy Now! - "A Massive Surveillance State" Exposed

enoch says...

@Yogi
well said my friend.

ya know.
i was talking with @VoodooV on another thread concerning this topic.
he was of the opinion that this is all about perspective and to look at the bigger picture.

now i actually agree with that, but i think the perspective is on how we approach this subject.

@Yogi and i are not coming from some alex jones 'new world order" premise but rather a historical one.
we do not trust our government because our government has proven over and over they do not deserve our trust.

and as @Yogi alluded to,the list of abuses of power by the US government is massive and extensive.

remember in 2006 when it become public that the telecoms had call system rerouters in data collection?those small rooms?
and remember how the bush administration push forward to give the telecoms retroactive immunity to avoid any civil suits?

my main point is that whenever a government gains a new power or authority they WILL use it.since 9/11 and the "war on terror" (which is just a war on ideology) our government has broadened its power and authority ten fold and it HAS USED that power.

this is not opinion.this is fact.

guess it all comes down to trust.
do you trust this government to obey the law?
i dont because they go out of their way to be creative little monkeys to circumvent the law,or redefine it to suit their purposes.

i know i am going off on a rant here,so let me end with this:
historically empires in their last stages have always become concentrated centers of power and certain criteria have always become evident.
1.the over-reach of empires always culminate with an extreme disparity between rich and poor.
2.they become incredibly militarized.
3.infrastructure and commerce begin to break down.
4.nationalism reaches fever pitch.(see:tea party)
5.those in power (the governing class) tend to become more corrupt and less idealistic and begin to pick the remnants of empire for their own enrichment.hastening the demise of empire.
6.the ruling class becomes extremely paranoid and begins to focus its attention on its own citizens.seeing enemies everywhere.
7.power seeks only to further its own power and it becomes a cycle of cannibalism.

by my statements here i am in no way disregarding or dismissing some of the great achievements that have been won by this country.but those milestones were ALWAYS because of the people and not ONE was ever implemented by a benevolent government.

so while i trust the people i,in no way,trust my government.
because they have proven they do not deserve my trust.

Jon Stewart on Gun Control

jimnms says...

@Yogi Way to miss the point. I wasn't comparing cars and guns, I was comparing laws regulating cars and guns. That's all I'm going to say to you. You've already told me in another discussion that you're going to refuse any evidence that doesn't agree with your narrow minded beliefs, so having a discussion with you is pointless.

@RedSky

1) I'm not implying that the US is more violent. I already pointed out that the US has lower violent crime rates than the US and UK despite the higher murder rate.


2) I'd say people in rural areas are most likely own guns for hunting and also self defense as there are no police patrols out in the country.

I also wouldn't blame the availability of guns to criminals on gun enthusiasts. Criminals generally don't legally buy their guns. One way to cut down on illegall gun sales is to charge the sellers as accomplices to the crimes committed with the weapons they sell illegally.


3) Maybe punishment was not the right word I should have chosen. My point is that to cut down on driving fatalities, the laws enacted didn't put any inconveniences on responsible drivers.

Your back of the envelope calculation isn't quite so clear cut. Sam Harris discusses this in his article.

It is also worth noting that relatively gun-free countries are not as peaceful as many think. Here are some recent crime data comparing the U.S., the U.K., Australia, and Sweden. Although the U.S. has a higher rate of homicide, the problem of assaults in these other countries is much worse...

So, while the U.S. has many more murders, the U.K., Australia, and Sweden have much higher levels of assault. One might think that having a few more murders per 100,000 persons each year is still much worse than having many hundreds more assaults. Perhaps it is. (One could also argue, as several readers have, that differences in proportion are all we should care about.) But there should be no doubt that the term “assault” often conceals some extraordinary instances of physical and psychological suffering.

It's possible that the reason the US has lower assault, robbery and rape is that armed citizens are able to defend themselves from such crimes.

I'm seeing a lot of people saying the US should look to the UK and Australia on how to handle gun control. Both UK and Australia already had low murder and violent crime rates at the time of their "bans." After Australia's National Firearms Act and forced gun buyback, homicide fell by 9%, but assault went up 40% and rape went up 20%. In the years before the NFA, homicides had been on a steady decline, and a 2003 study published by the Brookings Institution, found the NFA's impact on homicide was "relatively small."

After the UK's "gun ban" in 1997, gun crime actually increased [1] [2]. Gun crimes in 1997-1998 were 2,648. The Office for National Statistics shows that 5,507 firearm offenses were reported 2011-2012.


4) Yes cars do provide a benefit to society. Their regulation and restrictions are reasonable, and I already said I'm not opposed to any reasonable gun laws. But cars are the leading cause of accidental death each year. There are lots of things that can be done to make cars and drivers safer. Cars could be limited to 70 MPH. The national speed limit on highways is 70 MPH, why do you need a car capable of going faster? Cars can be fitted with a GPS and a "black box" that records your driving activities. Each year when you renew your inspection, the black box data is downloaded and analyzed. If it's discovered you've broken any traffic laws, you will be fined, and if it's determined you aren't a safe driver, your license is revoked. Prohibit personal sales of vehicles between individuals, because you can't know if the person your selling to is a safe driver or if their license is valid (see below about the "gun show exemption"). Sounds crazy, but those aren't nearly as bad as some of the things being proposed for new gun laws.

I doubt any of those would be acceptable to the majority of drivers, but it would make driving safer and save lives.

As for your suggestions "not yet tried."

- We already have rigorous background checks for purchasing firearms. They're done by the FBI's NICS, I don't know how it can be more rigorous.
- There is no "gun show exemption" or "loophole," that is more media buzzword BS. Private sale and transfer of anything (not just firearms) can not regulated by congress. It's another constitutional issue dealing with the regulation of commerce. It is still illegal for a person to sell a firearm to someone that they have reason to believe may not be legally able to own one. This is another issue that I'm not opposed to fixing though. It could be as simple as requiring the transaction to be witnessed by a licensed gun dealer and perform a background check.
- Assault weapons are already restricted. Real assault weapons that is, not what the media and lawmakers keep calling assault weapons. Once again I ask, why such fuss over the weapon type least used in crime? These "assault weapons" are expensive to acquire, and most criminals go for cheap, small caliber, concealable pistols and revolvers. [source] For more on what an assault weapon is and their use in crime, just head on over to this Wikipedia page.
- Restricting ammunition would be something that would effect responsible gun owners and likely have little effect on crime. Responsible gun owners are the ones that buy more ammo, go to gun ranges and practice.


5) You mean the steadily high murder rate that has been steadily declining for over two decades, by 50% since 1992? [source]

One Pissed Off Democrat in Michigan Speaks Up

snoozedoctor says...

The other aspect of forced Union membership that bothers me is the interference it places on the individual's rights for free trade and commerce. If I want to trade 3 pigs for a wagon that my neighbor has, and we both agree it's a square deal, then we should be allowed to transact. If the neighboring farmers nix our deal, because they think their pigs are worth 2 to a wagon, then they should be the ones to go find the market that suits their estimate of value.

Leaked Video of Romney at Fundraiser -- You're all moochers!

VoodooV says...

flat tax is another giveaway to the rich. Which is precisely why the rich and the ignorant tend to be the ones advocating it.

Either the tax rate is too low and you don't have enough revenue to pay the bills, or it's too high which yeah, the rich can afford, but completely fucks over the middle/lower class

progressive tax is the only actual fair tax since the wealthy have much more need of gov't services than the poor ever will.

The rich depend on infrastructure and education so that their workers can do the job, they depend on diplomacy and the military to ensure profitable and safe overseas commerce.

The poor do not, thus, the rich should pay more.

Where Did All The Money Go?



Send this Article to a Friend



Separate multiple emails with a comma (,); limit 5 recipients






Your email has been sent successfully!

Manage this Video in Your Playlists

Beggar's Canyon