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Originally Posted by roachboy
... fact is that if the article is correct there really should be concerted action from the state to expand businesses or create jobs in order to bail out folk who are not those in the hedge fund and/or insurance sector.
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How do you think the "state" can do this?
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it is curious--or would be in a sane place---that the interests of capital are so obviously held to be more important than those of working people and no-one gets too riled up about it.
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People with interests in capital simply seek to preserve it and make it grow.
Working people or those charged with working on behalf of working people have an interest in their cause. One is not more important than another, it is simply an issue of where "interest" lies. The thought that those with strictly an interest in capital will look out for something else is, for a lack of a better word, foolish. Why does such foolishness in though persist?
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right, we say. capital flows are more important than human lives.
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How do you measure that? How did you come to such a conclusion? How do you get away with a comparison of capital to human life?
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it is far more important that we think about rates of shareholder return than it is that we think about how regular folk make a living.
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Because "rate of return" is universal and should apply to labor as well as employment of capital, the mistake is for labor to overlook this foundational measure. Without an understanding of "rate of return" and its comparative application in decision making, those who fail to employ "rate of return" are missing a valuable tool. How does labor make comparitive decisions without "rate of return" analysis. Do they use darts and go with random choice? Clearly the "regular folks" need better leadership, leaders who can think clearly.
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you'd think populist conservatism would be a contradiction in terms.
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What is simple, foundational, obvious, clear, simple, etc., is "conservatism" at the core, the reason it is not "populist" is because of the desires of the few to control the many through deception. Hence, we have people not getting an education because of the false liberal belief that some vague concept called the "state" will look out for them.
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markets obviously do not take care of people,
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You don't think humanity has been in a market based economy since the days of the first trades conducted by pre-historic man?
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they obviously do not assure socially optimal allocations of resources or opportunities. never have. never will. that the right has been able to establish a political environment for its incoherent notions of taxation as persecution and/or the state as that which is responsible for irreationalities in economic affairs remains amazing to me.
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Involuntary taxation is persecution. When the state has the police or military force to impose and collect taxes, not just for the costs to society but for the purposes of re-distribution (stealing from one man to give to another) that is worthy of concern, unless you are the beneficiary of such an exchange.
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i think it is the residuum of this incoherent worldview that stands in the way of anything being done to help regular folk to find work.
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What I find incoherent are your views, as illustrated here.
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the conservative response seems to be to pretend there is no problem. that's always the conservative response---except when it comes to finding reasons to militarize class relations.
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What?
---------- Post added at 09:22 PM ---------- Previous post was at 09:20 PM ----------
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Originally Posted by scout
This was actually a very interesting thread at the beginning, somewhere and I'm not sure where it's pretty much degenerated to a "nothing here folks please move along" thread.
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Why go through the trouble of writing this without being specific. Your thoughts could be a "teachable" moment.