![]() |
the "jobless recovery"
this point:
Quote:
is the jumpoff for this article from the march issue of atlantic: How a New Jobless Era Will Transform America - Magazine - The Atlantic the basic point is that the economic transition/crisis, the primary function of which from the outset was to be something that was declared to be over, is both revealing the consequences of the longer-term restructurings of the manufacturing sector and through the tightening of commercial credit, creating new and improved employment problems at the same time. but the unnerving aspect of what is surfacing-to-view is that this "recovery" appears to be "jobless" in the sense that....well, that's what the article is about and it's worth reading. what do you think of this piece? does it describe the economic situation in your geographical area? has this affected you directly? how are you managing? how are people around you managing who are affected if you are not? what do you make of the history leading to this "jobless recovery" business? what do you think can or should be done to generate more work for more people? |
Does it affect me personally? YES. As of last week I've been out of a job for a year. My entire career has been selling/providing technology to financial institutions. Banks are in deep shit and its affecting their buying decisions. And that is affecting the hiring decisions of their vendors. I've had four job opportunities that I was in the interview/hiring process that were eventually shelved and not filled. No faith in the recovery. I have a good friend in Orlando who is 62 and he lost his job (same industry) last week. At least he can take early retirement if he chooses. I'm 57 and a long way from that consideration. I've got one year left of cushion on a very reduced budget and then I'm in trouble, really in trouble. Part time employment isn't an answer at this point. It may become an option but that will only slow the rate at which I'm sinking. I'll still sink, just not as quickly.
I don't see the market changing soon. The stock market has rebounded, primarily because companies have downsized to match the realities but the job market is still in sad shape. I know a handful of others that have been out of a job for well over a year. All in their 50s. This is changing our lives drastically. |
Quote:
|
Quote:
|
Quote:
Maybe we should let the next flu 'epidemic' run its course, nothing will clear out some jobs like 15% mortality over the course of 18 months. I jest. Sorta. :sad: |
Quote:
|
Jobless recovery = contradiction in terms. I hate to put it so simply, but there's really no two ways about it. Recovery is something which should take place across the proverbial board, including employment and income levels rising again. Until those things happen, the term recovery is quite simply incorrect. At best, we're currently in an inconsistent flux, where some areas are seeing recovery, some areas seeing stagnation, and even some areas continuing to deteriorate.
In the immediate future either things will remain as they were before and we'll continue to see periodic economic collapses as wealth distribution continues upward or there will be some unexpected change and we could at least stave off for the time being the next set of collapses. |
Quote:
I think this decline has been going on for decades, and as the author points out, hidden by the boom years with easy credit. There has not been any significant manufacturing in this part of New York in years. Prior to living in New York, I lived in New England and watched the disappearance of manufacturing there. The company I work for closed down one location in New York about 15 years ago and the remaining locations are much smaller in size. This is somewhat affecting me. My company has been offshoring work for a few years now. The team I lead was reduced by one person, by retirement. That person was replaced with people in India and I then additional people due to added workload. I expect my job will be gone within five years. I suspect sooner, but since the people India are not learning so quickly, maybe not. Currently, my finances are such that if I lost my job, I would be ok. If inflation rises significantly it might be a problem. I honestly don't know what people around here do to make a living. The area is basically shopping malls and tourism. There's towns in the Catskills and in the area along the NY/PA/NJ border that used to be tourist areas that now have nothing. What led to this? I think two things. First, the unsustainable expansion of the economy by credit. People and business borrowed heavily, counting on future growth. Like a Ponzi scheme, the economy can't expand forever, and everything blew up. Second, the cost of labor and government regulations has made US manufacturing much more expensive than in other countries. Reliable transportation that made it cheaper to manufacture offshore and pay shipping costs than to manufacture in the US was a contributor. The same thing happened with the Internet, where anything that can be represented as digital information can be moved around the world in seconds. What to do about it? Somehow labor and regulatory costs need to be brought in line with the rest of the world. Setting trade barriers to enforce that won't work. Less government regulation and fewer government mandates on businesses might be a good start. |
Quote:
1) relax regulations so that new business in the manufacturing sector can be created. 2) encourage small manufacturing business by increasing small business loans for that specified area of business. 3) create or increase tax breaks and credits for however many jobs are created in these manufacturing sectors. manufacturing has always been the pinnacle and mainstay of any economy. If you want to keep a steady or growing economy, you have to increase the manufacturing. |
The only way we are going to recover from this is if the American people start living well within their means and stop living in excess. We as a people are probably the most superficial people on the face of the planet. We constantly buy shit we don't need and homes that are WAY bigger than we could ever possibly need.
|
I think it is a shift in society. I bought everything I need during the 'boom', and now do not need to spend any money. I have all the HDTVs I could want. I haven't bought a new computer or car in years. GM made a car that lasts too long and doesn't need repairing. I have reduced my fast food budget from $3,000/yr ($10/day) to $500. After I buy a new laptop later this year, I will probably not need to upgrade that for 10 years. I do free things for fun now.
I don't need to buy a new home, I like the place where I am living just fine. My whole goal is to reduce my monthly bills as low as possible, something the baby boomers should learn how to do again. They did it once as hippies, they can do it again. And if I did lose my job, I have plenty of ideas of things to do on my own. I have not noticed any changes around my town to be honest. Traffic is just as bad, home prices haven't changed, and gas prices are still high. |
Quote:
Rinse and repeat |
Quote:
But there is the bigger picture, which I feel most tend to overlook. This isn't just about a shift in society at the household level; it's also a shift in the economic makeup on the national level, and society's refusal to shift along with it. Economies change, for the better and for the worse. I find it rather curious that so many Americans want to reorganize and revitalize the manufacturing sector so badly when it was this very sector that was the most vulnerable in a globalized environment, where competition happens primarily on the level of labour cost. Can American labour compete with cheap Asian labour? Much of manufacturing is disposable, and much of this is due to cheap costs and low prices. If a "durable" good lasts only 2 or 3 years, so what? Buy another one. They're cheap enough. In a world of sub-$100 DVD players and "drive new every two" automobile ownership mentalities, what would you expect? I don't see American manufacturing (or Ontario's even) returning to any "former glory." I think what's happened is inevitable. You have a nation with a high standard of living, and therefore a high cost of living, competing with nations with completely different standards. And a demand for cheaper goods (though not good or bad in and of itself) only drives the problem home. In a way, we did it to ourselves. If we were so concerned about North America maintaining its competitiveness with regard to making shit, we should have kept in mind the costs and consequences of ensuring that we could continue making shit. You know, you have to perhaps buy the shit we make. If you don't want to pay a premium for locally made shit, whether it's just higher cost, or, perhaps, there is some sense that it's better quality, what do you do? You buy imported goods. This is no surprise, it's been happening for decades, only now such habits have come to a point: we no longer buy enough of our own shit. That, and exporting is difficult when so many make less money than you do. So what do we do? We compete otherwise. We reorganize and revitalize our economy, not our manufacturing sector alone. How can we compete? With research & technology, various services, cultural products, and perhaps a type of manufacturing that makes sense to our competitive advantages (e.g. it's not easy competing in the electronics industry, so perhaps focus more on automobiles and the like). Rather than pine for the former days of a manufacturing golden age, we have to wake up and realize that an economy is only as strong as its self-awareness allows it to be. You can't fit a square peg into a round hole. Do what makes sense. Do what you do well. Retrain, retool, regroup: become competitive where it makes sense. |
Quote:
A picture is worth a thousand words. http://www.investors.com/image/A1sti...100305.png.cms However, if there is a focus on the federal government creating a environment friendly to business and real job creation we will see real and lasting job growth. We control our destiny. |
well, it's often a good idea to read the article cited in an op before you opine on it, ace, but whatever that's fine.
the article is more about outlining the magnitude of the un and under-employment phenomena that are out there (and in many cases here and out there are the same place) and the consequences psychological and social of not addressing these problems. because of the fact that much of the "jobless recovery"---a nonsensical term of course---is as it is as a result of structural transformations in the geography and organization of manufacturing, it is not a simple matter trying to figure out what solutions might be functional. there's probably a whole range of things that should be tried out some of which won't work, some of which will. but clearly "the market" aint gonna do anything to resolve the problems of excess human beings that "the market" has created in the first place. so this is a political matter. and as a political matter, it is something that the state should undertake to address. this sooner rather than later as well. it's not a novel idea to think that the state could direct resources at industries, could underwrite new ventures, could divert money to do so from bloated and unnecessary defense spending...the state could be acting to ease commerical credit problems in order to spur expansion of existing businesses and all this within a general kind of new deal-like logic. the republicans of course will stand in the way of anything like that because that's all they have to offer at this point, standing in the way of things, playing to news cycles, hoping that their reactive and reactionary politics these days will enable a kind of separation to be made between the republicans themselves and the economic ideology which enabled most of these problems to take shape, take hold, deepen and persist. |
Quote:
I tend to focus on the key points that are most relevant. On this subject it is the question of job growth. I chose not to comment on the false premise that there is a new jobless era, other than to say we control our own destiny in this regard. The flaws in measuring real unemployment and under-employment are well documented and they have been consistent over time. Job growth being a function of real economic growth based on real demand per-capita increases, organic demand increases based on population growth, trade, and productivity can easily turn positive generating all the jobs we want. The choice is ours, it is in our control. There is not some hidden force dictating a "new era". So, my first response is to direct our focus on fiscal policy and the impact it may have in the next 2 to 3 years. |
first off, it's fine to criticize or reject the premise of an article, but it's usually good form to indicate that you're doing it rather than post what appears to be a non-sequitor. just a note.
i'm not at all sure what actual information you're basing your positions on there, ace. what it sounds to me informs it is more market metaphysics. for example: on what basis are you arguing, if you are doing that and not simply asserting, that because measures of unemployment are quirky that therefore there is no problem with unemployment? anything? because it flies in the face of empirical reality and most data that purports to describe that reality. or maybe you can explain away something like what's happening in detroit as being driven by something other than massive, sustained unemployment? for example. |
Quote:
I don't understand your comment about a non-sequitor. Quote:
Quote:
|
I wonder if the Chinese will ever get sick and tired of being our slaves? Working for 2 bucks a day and a bowl of rice. When do they get pay back? Or is it that there are so many freaking people in China, they can just go out in the back woods and get more slaves to work in the factories.
Or maybe as the Chinese start to want to buy shit it will create a domestic market for their crap and the prices will increase. My personal belief is that North Americans did it to ourselves. We all want cheap crap and huge bottom lines so that our share values go up. So they ship the manufacturing to China. Ironically, the union guys are the guys going to Walmart and buying the cheap shit figuring that they will never be affected but surprise, they are. So they end up working at Walmart. Only instead of generating wealth like they did when they worked in the Steel Mill for $20.00 an hour, now they're working at Walmart for $8.00 an hour and they're just moving shit around. We used to build things in North America. Some of the best things in the world. Now we just buy crap that was made somewhere else. |
Quote:
http://www.salaryexpert.com/Masseur-...urvey-2242.htm What if they became a nurse? Quote:
Or maybe they could become powersellers on EBAY: Quote:
Oh, and if they work at Wal-Mart, they might start at $8 per hour as a part-time employee, but they could get a few raises, go full-time, get a few promotions and before you know it they might even start saving, buying stock in the company, contribute to their retirement, and enjoy a happy life having worked at Wal-Mart. |
yes, because every part time worker at Wal Mart has that career path available to them.
|
nice work, ace. classic. so what you're saying here so far is that there's nothing about this current situation insofar as employment is concerned that's not understandable as normal for Magic Capitalism, that infinitely expandable and contractible imaginary system in which everything is always fine because the boundaries that we're talking about move in and out arbitrarily. so in this world, the 30 year pattern of fragmentation of what once were basic manufacturing operations is of no real consequence. it doesn't even register because now normal can be expanded to include that, no problem, because in the end normal is arbitrary. so looking at detroit, say, where housing values have collapse entirely because the fucking economy has more or less disappeared, what you're saying is:
1. this is normal. 2. what isn't normal is the fault of the government 3. the consequences are really the fault of the unemployed who can always get jobs at walmart. so what you're offering is the same old conservative capitalism-cannot-be-a-problem so the problem is either the government or you. so exactly the same "thinking" that got us collectively here in the first place. in general, we have the simple reality of the change of organization and by extension geography of manufacturing. we have an educational system which has never caught up with these changes really, so which continues to produce an outmoded class profile, an outmoded labor pool. but conservatives dont care because they dont fucking live in the same neighborhoods as are really affected by this and besides its their fault anyway. the effects of this had been forestalled by all kinds of goofball devices, not least of which was conservative economy ideology itself which functioned for 30 years as the lingua franca, the "washington consensus" blah blah blah---and about the consequences of this ideology, conservative economic ideology has nothing, at all, to say. this is compounded by the consequences of the conservative-inspired debt bubble, an economic idea that has to have been put into place with one or another idea of the end times behind the scenes somewhere. then there's the credit contraction--uh, yeah---in commercial lending that's in the way of anything like expansion of jobs so long as the private sector is the main source of money. and we have a centrist administration that continues to act as though conservatives have fuck all to say about anything that's any different from the thinking that got us into this mess in the first place. no wonder you prefer to pretend nothing's broken, ace. |
It seems to me that a country's wealth must be generated from something other than performing services for each other. We can't all make a good living by delivering each other pizzas, giving each other massages, selling junk on eBay, or stocking WalMart stores, etc..
Transisting from manufacturing to service jobs may be a race to the bottom. Even those jobs will be harder to find if people continue to work longer. I sometimes wonder what society would do with all the surplus workers if we really eliminated all the unnecessary paper shufflers in government, healthcare, and industry. |
Ontario's manufacturing industry was the hardest hit in Canada. For generations, Ontario has been a steady "have" province, but has been the talk of the nation as becoming a "have-not" as a result of their decimated sector.
Just yesterday, it was announced by the premier that there will be a new focus on education as an export: they want to boost enrolment of international students by 50% over five years. This is the kind of thing I'm talking about. The post-secondary education industry in Ontario is strong, so the province is leveraging that to help pull it out of its economic doldrums. Boosting the enrolment like this will require more education-related workers, but it will also require indirect workers to support that sector. It's not like the premier could have as easy a time convincing American auto manufacturers to make more cars. (He's already been doing that.) So he does something else. Changing times, changing strategies. Find out what you do well, and do more of it. The key thing here is what the government will do to ensure the workforce is ready for these changes. There should be accessible programs for training, re-education, and other vocational support. If these types of programs are lacking in the U.S., that should be a pressing concern for just about everyone at this point. ---------- Post added at 12:38 PM ---------- Previous post was at 12:35 PM ---------- Quote:
|
see this is the problem, really. the idea that there can be a "recovery" of any kind with this type of unemployment abroad in the land is entirely absurd. the only viewpoint from which it makes sense is one that presupposes the activities of the stock market reflect the well-being of all, as if there is only one economic class in the united states and that understood along lines that the beginning of lake wobegone stories make fun of.
the underlying problems that the new geography of capitalist organization--which is not that new, but we're only waking up to it---include the increasing irrelevance of nation-states. one of the central problems created by this irrelevance is the limitations this places on a nation-state's abilities to act to assure its own socio-economic well-being. you'd think that faced with un-and under-employment numbers of **anything** like those outlined in the article that the united states would be acting, and acting quickly, to spur new job creation as a matter of great urgency...spot funding activity in economic sectors, supporting new start-ups, easing credit for expansion, mandating that technological infrastructures be modified so as not to exclude actual human beings from working---all this in addition to the public-sector oriented actions that i hear about but have so far seen nothing come of. ----- addendum: let's say that there's a kind of scaling cycle characteristic of contemporary manufacturing concerns, that they move to a medium-scale and then end up fragmented, more often than not a distribution hub that remains viable through its control of intellectual property (god i hate that category)/patents and maybe assembly points, but **definitely** clients---and that these larger-scale fragmentations tend to conform to the new world order of a race to the bottom in terms of wages, working conditions, social responsibility on the part of suppliers etc...because supply pools allow from the endless replacement of suppliers one for the other, all context is stripped out of the relation of purchaser (firms, once-upon-a-time manufacturer) to supplier...so no responsibility at all really....anyway: you'd think that even if this were the case that such a scale-cycle exists that it'd **still** make sense for national governments to actively plan and/or fund smaller-to-medium size concerns in all kinds of areas as a way of generating employment and revenue and that maybe around this planning area new types of education could be worked out that'd make flexibility something more than a word you read in management literature. there are things that can be done. |
roachboy, problems of under- and unemployment are usually a greater concern on the left. So in the U.S., you have this kind of apathy for unemployment issues outside of it as an economic indicator. It's a different situation in Canada, you know, where you actually have left politics.
|
Quote:
---------- Post added at 07:41 PM ---------- Previous post was at 07:30 PM ---------- Quote:
When the price of a good or service (labor) is kept artificially above equilibrium (i.e. - minimum wages, prevailing union wages, forced employer mandates, etc.) there will be a surplus of that good or service (entrenched unemployed or full employment defined as any number greater than 0%). The only way to address the situation is to remove the reasons the price is forcibly maintained above equilibrium, i.e. - the government creating an environment friendly to employers actually employing. You can play pretend games that there is a magical unknown force at work, and you can pretend there is some magical way to address unemployment without addressing the supply/demand/price question - but it is clearly fantasy. This is not complicated stuff. |
Quote:
do any actually existing socio-economic systems tend toward equilibrium? of course they don't. metaphysics, ace. it's a therapeutic exercise. it appeals to a sense of an ordered world. it doesn't appeal when you're looking at actual reality. Quote:
in the present situation, you seriously believe that it is state policy that is the cause of unemployment rates at around 10% officially? |
Quote:
Quote:
Quote:
|
Quote:
|
Quote:
I am curious, do you consider calculus, "metaphysics"? ---------- Post added at 08:01 PM ---------- Previous post was at 07:57 PM ---------- Quote:
|
yes, I disagree. hard work, wherewithal and gumption alone are not enough to be successful in any business, whether it be someone else's or your own. There are hundreds of factors out of your control that contribute to whether you can advance within a company
|
Quote:
Every person has to understand they have to lookout for their own interests in the market place - it is a dog eat dog world. Those who don't want to compete, get exploited. But, that is their choice. In the end that is the point where we part ways. |
Quote:
|
i will say at the outset that i almost agree with a portion of a sentence that ace wrote in that last post. more once fistf ran it through buckminster fuller.
to my mind, the question that follows is: how do these artists live? you know, eat day to day? where's the funding come from? conservatives oppose funding for the arts for some reason...no doubt there's a preference for landscapes involving important people following through on their golf swing as opposed to formal experimentation or other stuff....but fact is that without funding---and trust me there's very little----being an artist is basically something you talk to yourself about as you go to your day job. so unless this idea of other kinds of labor being rendered unnecessary is accompanied by some proposals about how to make the lives of these new artisans viable, i think it's just more gas from the right. but i'd prefer that there were far more money available for far more artists to have lives in which they can do far more work because they have time and access to resources than american cultural barbarism allows for now. and this is even more the case if the trend buckminster fuller pointed to turns out to be accurate. |
The government should fund the arts; the funding should come from a progressive tax system.
|
i have alot of conversations with various of my circle who do the artist thing about the problems with getting funding for projects and the simple reality that if you are able to do the art thing full time chances are good that much of that full time is spent chasing other grants. but the logic of the funding system overall is that artwork is good but that enabling the people who make that work to live and/or have a decent life for making that work is really not a priority. the result is that being-an-artist is either an aristocratic game or its a patronage game. same as it ever was. but to suggest that a labor market which makes space of more artists without providing them anything remotely like a way to live is disengenuous.
but you read alot about some alternative notion of art making as an aspect of what the "new creative class" does inside this thing they call the "new creative economy.."which seems mostly something that allows art-related non-profits/mediating institutions to talk back and forth to each other and to generate more grant revenues for themselves. not a whole lot seems to get through them to actual working artists. the relatively few that do support actual art-making end up being inundated with applications. the other main patronage system was academic institutions, but there are problems there as well over the past few years in particular. so it means nothing to say this stuff. it's really another sector of maybe-economic activity that could be made into something really interesting and productive and positive that is none of those things at the moment and is unlikely to be any time soon so long as conservative views of state funding have any credibility. we really need a whole lot more social democracy. |
Quote:
---------- Post added at 05:22 PM ---------- Previous post was at 05:10 PM ---------- Quote:
When I went to McMaster in the late 80's in my faculty - Engineering, it was solidly Chinese students. Not 5%, not 10%, but probably 50% (at least in first year) I remember the trick of the day was for them to have their Landed Immigrant Status and avoid any sort of number restrictions on foreign students and the high cost that goes with. Thing is - when they graduate, they virtually all leave the Country. So we paid for their education in part (I was told at the time that we only paid 1/12'th of the cost of our education, the gov't paid the rest. I don't think the Universities are currently set up to take so many foreign students. All that will happen is that they will take the place of the Canadian students, then leave when they graduate. The suspicious person in me figures this is simply a way for a broke province to get their higher education budget paid for. As to the Auto Industry, I've thought about that and my line of thinking is that Ontario should be helping the Japanese manufacturers to locate here more so than the North American ones. Chrysler is dying no matter what anyone says. GM, well, the jury is outon them still. I know for a fact that Toyota would rather build cars in Canada than the US because our workforce is better educated (in the US, they have to have pictorials for their assembly line workers to put the cars together), and our health care system eliminates that huge cost burden. People are still going to buy cars going forward, the only question is where are they going to be made. At the end of the day, if North American consumers were more in tune with supporting local industry (as they do in Japan actually) we'd be better off. ---------- Post added at 05:24 PM ---------- Previous post was at 05:22 PM ---------- Quote:
|
Quote:
I think the problem is that conservatives don't want tax dollars used to "support the arts", because generally "the arts" involve something conservatives don't like or things that don't actually need a government subsidy. But, as a conservative, I use my dollars to support what I like all the time. So, what if snooty North Eastern liberals were being asked to support NASCAR with their tax dollars, what would their response be? ---------- Post added at 01:01 AM ---------- Previous post was at 12:35 AM ---------- Quote:
Quote:
|
Quote:
|
If ace had any inkling of how the granting process works in the arts, he'd have a better idea of how it compares to the sponsorship-laden NASCAR.
Or maybe I'm just not getting his joke. It's a joke, right? |
Quote:
"Art" is in the eye of the beholder. "Art" that is worthy, will be supported by those who enjoy it. Given, each person having limited resources, each person should make a personal choice where there dollars go in support of "art". I have absolutely no interest in supporting ballet, European centered art museums, PBS, or modern art using bodily waste. The people who enjoy that should pay for it, not me. I also don't support public money used for things like sports stadiums. How is the above position not clear? {added} I will even go further. I think schools should focus only on core education. Extra activities like, sports, band, drams clubs, etc should be funded separately, by participants and those who want to sponsor such activities. If the tax burden was not so high, we might be surprised by the level people would support the things they love and want. |
first you do some handwaving in the direction of "everyone's an artist now tra la" in that kind of inverted socialism way that retro-thinking folk seem to take some perverse glee in doing these days, then when you're asked "ok so if everyone's an artist now tra la how do you propose they live?" and you respond with some rightwing bromides about "snobby east coast liberals" and nascar, the reasonable assumption, ace, is that you're not talking about anything.
then when you try to clear it up, it turns out that such point as you were trying to make was just as disengenuous as i thought from the start. |
Quote:
People make a living by selling what they do! What don't you understand about that??? NASCAR folks have no problem getting sponsors and people to spend hundrds, even thousands of dollar to see a race during a weekend. Why can't your favorite "art", do the same??? Are they too snobbish to get companies and people to sponsor what they do??? Quote:
Quote:
|
Quote:
Also the granting process isn't just a handout. There are applications, requirements, audits, qualifications, and performance/operational minimums, etc. It's a part of doing business in the industry. Quote:
Quote:
Quote:
|
as someone who works professionally in the arts community, I find just about everything Ace is suggesting to be patently absurd.
You don't think arts groups TRY to get corporate sponsorship? OF COURSE THEY DO!!! But companies are unwilling to give money unless they can slap their logos all over it (something that would be a little awkward on a statue or a play). Comparing NASCAR to art is ludicrous |
the position ace is adopting is disengenuous in that it's not really about a coherent discussion concerning **his** claim that the transformations of the contemporary capitalist labor market are good things because they free more people up to "be artists"---this because it's obvious that he has nothing to say on the matter----it's more about a cheap rhetorical game in which ace tries to position himself (and the fact that he has nothing to say on the topic that he brought up) as being "of the people" in a stereotyped kinda way ("i'm a conservative i like nascar" as if all conservatives were like him) and by extension as someone who finds himself either being set upon by or setting upon "snobby over-educated east coast liberals" who think in terms of things like what art might possibly be (beyond "modern art using bodily waste") who artists might be and how these people might actually be able to live.
but it's pretty obvious: ace is arguing that by "freeing people up to be artists" what he really means is that people displaced by the reorganization of capitalism are superfluous and should be allowed to die off, preferably dying off while under the impression that they have been liberated from something, which would bring it into line with all kinds of charades american. |
Quote:
Olga Korbut is the reason I watch Olympic and international championship gymnastics. Every two to four years there are similar stars who draw me to the sport. The drama and competition takes a back seat to no other sport. On the other-hand male gymnastics has very little appeal just like the WNBA has very little appeal to me, but the NBA does. Superior world-class performance stands out and generates broad interest. Tiger Woods is the reason I occasionally watch grand slam golf tournaments, no one else and the sport has done anything to keep my interest - if he doesn't play I don't care what happens. He is the story. Danica Patrick is the reason I recently watched some NASCAR, where that leads I don't know. She is the story. My wife is the reason I had dinner at Spagos, Wolf Gang Puck' restaurant in Beverly Hills, and to this day we occasionally splurge on "fine dining". the over-all experience was good enough to get me hooked, in-spite of the costs. And trust me, I was prepared to tell my wife - "see I told you it would be a waste of money". To me the tone of our comment suggests that I would never go outside my comfort zone regarding "art" because I don't know what I would enjoy or unless there is some kind of subsidy connected with it until I can gain an appreciation of it. That is a false premise. I have an awareness of the "art" that is available, and if it does not "hook" me, it is not because I don't know what I will enjoy, but has everything to do with the "art" focusing on the base level things that appeal to me regardless of form. And, there is absolutely no correlation with government subsidy and my gaining an appreciation of "art". All an artist has to do is ask me. I always enjoy a good story, simplicity, exceptional dramatic performance, underdogs over coming the odds, music with simple melodies -easy to dance to, and anything done by Clint Eastwood. ---------- Post added at 07:50 PM ---------- Previous post was at 07:43 PM ---------- Quote:
---------- Post added at 07:55 PM ---------- Previous post was at 07:50 PM ---------- Quote:
I accept the fact that you don't understand my point and I accept that there is nothing further that I can do to help you understand. |
Quote:
Quote:
Quote:
|
I'm not saying it was ludicrous because one is more "artful" than the other, but because they serve two entirely different purposes.
It's not Apples and Oranges, it's Apples and Astro-Physics |
Quote:
|
you can compare anything you want. in response, i can say that comparing the sponsorships of NASCAR and Ballet is ridiculous
|
Quote:
Example: If a young person who has been kart racing and who has been seriously involved in ballet, and is exceptionally good at both, but now has to commit to one or the others, asks you for guidance - what do you say: "I can not help you because a comparison of the two is ridiculous?" I have to be honest here. I often reply to posts in a cynical or sarcastic manner because I think people are just screwing around with me regarding things that to me seem pretty obvious. As with our exchange on this issue, my initial reaction was to think that you are just screwing around with me. So tell me, if you are honestly willing, are you really saying that we can not compare and contrast NASCAR to ballet and take lessons from one and apply it to the other, to look at both and see their similarities rather than just focusing in on the differences, give a serious evaluation of one compared to the other, look at both as they reflect socioeconomic trends including the governing topic in this thread? Oh, to my fans, I will return to being an a$$ for a number of other reasons shortly - there is nothing to be concerned about.:thumbsup: [added} For East Coast liberals who may not know what kart racing is: No government subsidies, but costs $$$$$ |
well for one, NASCAR is a commercial sport and most public arts groups are not-for-profit.
|
before the thread gets too mired in some absurd non-discussion about whether ace is able to construct a coherent argument about art funding or distinguish art-events from other events, 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.
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. right, we say. capital flows are more important than human lives. 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. you'd think populist conservatism would be a contradiction in terms. markets obviously do not take care of people, 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. 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. 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. |
Quote:
The conservative perspective (or at least the perspective seemingly held by fiscal conservatives) seems to require that problems be ignored. That's what "the free market" is all about. You let invisible hands guide things, and if things seem unpleasant, you cross your fingers and tell youself, "Well, this must be part of the invisible hand's divine plans." So what if people are losing their houses and their health, that's what the invisible hand does, and if we try to intervene, the invisible hand will punish us even more. It would be fucking insane to apply this type of hands-off faith to any other policy area. Free market principles are often theology posing as economic policy. |
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.
|
Maybe my memory is fading in my incipient old age, but I seem to remember grousing about "jobless recoveries" coming out of every single downturn I can remember, dating back to '82-83. Jobs seem to be something of a lagging indicator - companies don't hire until they're sure the recovery isn't just a blip.
|
Quote:
Quote:
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? Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
---------- Post added at 09:22 PM ---------- Previous post was at 09:20 PM ---------- Quote:
|
Quote:
In regards to your statement about the history of market economies, if you *have* actually taken econ 101 then you should know the definition of a market economy. No, man has not been involved in a market based economy since pre-historic times and it certainly didn't develop when our pre-historic (or anyone else, for that matter) ancestors decided to share or barter (trade) goods. Each of those are distinct economic systems. Finally, in regards to your bewilderment over how anyone can distinguish sponsorship of NASCAR from sponsorship of the arts, even though he wrote this in his original post so you must have missed it, the main problem is in the fact that NASCAR cars, tools, any merchandise can sustain logos plastered all over them without ruining the aesthetic for most people. This is the case with all corporate sponsored activities, as far as I know, whether it be cycling, basketball, or even complete stadiums. Would you have enjoyed your Phantom of the Opera outing as much if Lenovo, Coke, and Toyota logos were plastered all over the actors' clothes? Also, I don't think the point was that if you aren't exposed to arts in education you won't learn about whether you enjoy them or not! The point was that all of those activities you learned to enjoy later in your life would not have had playwrights or chefs to make the things you want to consume if they hadn't been exposed to them as legitimate career trajectories when they were in school. |
TFP never lets me down. I drop by, and it's like I never left. Roachboy with multiple insulting straw men and blatant misrepresentations. AceVentura3 with the patient of a saint.
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
|
If you haven't read the healthcare proposal at this point, it is your problem. The damn thing has been online for a very long time. People really should learn that they are not the world, and that "I haven't read it" is not the same thing as "no one has read it."
And last I checked, the administration that passed 32 trillion dollars in unfunded entitlements (medicare part D), through reconciliation no less, was headed by a republican. |
politics are are more of the same. they are there to place blame and to never really focus on the main problem of the basic thing that Governments BE IT RIGHT OR LEFT are there for. to not infringe on our rights. the right is doing it, and so is our current administration. it is not the responsibility of our government to "take care of all" but to leave us all alone and we will be fine, but since we have been on this path for some time whether you choose to see it or not, is where we are at. the mistakes that our LEFT/RIGHT govt has done brings us to these issues brought up.
I read more and more of Roachboys posts and it seems he talks alot like our current administration where he says a whole bunch but it doesnt make sense to most. I am sure there are better ways to bring your posts to reach more people if it didnt sound so confusing. call me dumb i guess. but reading Ace's posts it screams" fundamentals" of what this country was built on. Freedom. basically in my own words. I do not have a great vocabulary but i state what I say, in my own way, which is what RB may be doing but darn me if I cant seem to really follow most of the time. I actually get excited when I can actually decipher his posts. It almost seems as RB is pushing the lefts agenda since i see alot of "conservative" statements. and not just RB but others. Who cares who did what? they are part of the same team. its like wrestling. out front they seem like they are so different, but they are not. They just all have a job to do. to divide us. I think we should focus what is fundamentally wrong or right for us. there is a problem with this country. and govt created alot of it. |
The thing that seems to be missing here is that an investment in the arts does come back. I don't know the number on the arts in general but I do know that every Canadian tax dollar spent on film and television creates $10 to $15. This comes back in taxes, tourism, services purchased, etc.
I can also see how an investment in NASCAR by the government could result in this sort of payback as well. The government invested money in support F1 here and that money has come back many times over in tourism dollars and taxes. Too many conservatives see money going out but don't get that even their precious free market gets infusions by way of subsidies and tax breaks that amount to the same sort of investments as what arts organizations are asking for. |
Quote:
Quote:
|
Quote:
Quote:
You have no idea what you're talking about if you think "the arts" consists mainly of the things you've referred to. Try this: Quote:
Fancy that the next time you want to think in extremes. |
I love waking up to see a great thread-shitting by Marv. His post is too nonsensical and insulting to even bother responding to
|
Quote:
Quote:
Quote:
I am also bewildered by his inability or unwillingness to address the question of what advice he would give a young person presented with a delimma between choosing a career in racing, perhaps leading to NASCAR and ballet. In-spite of the premise seeming to come from a Disney movie, I know many young people who may face these kinds of choices. The ability to compare is essential, I still don't get the point. Also, as an "artist" I am surprised by the lack of imagination or the inability to see through the "noise" and see beauty in something like NASCAR as an art form. Andy Warhol, as an "artist" was not blinded by commercialism: http://wwff.files.wordpress.com/2007...pg?w=205&h=274 Quote:
Quote:
|
I don't really understand a lot of your points. I think it's because you're often so busy arguing against *anything* you view as oppositional that you just go off on weird ass tangents.
When Roachboy is talking about "the right" he's talking about the organized political party, not what you may or may not believe as an individual. Since he's made this point abundantly clear over the years, I didn't feel the need to reiterate it. But since you asked, yes, harping on a "level playing field" is consistent with the gist of what he was getting at. The more you post, the more slips out that your ideas consistently regurgitate the Republican party's position so I wouldn't be surprised if you post some more that your comments would fit into the mold you're questioning. It'd take less time to look up the definition of a market economy than sit here and try to trip someone up when you're clearly wrong. Since you've expressed a desire in the past to play the "I'm just a common foke who doesn't get big wurds spoked by dem norheastern liberuls" rather than an articulate and educated conservative, there isn't much point in me continuing to question whether you understand the defining characteristics of a market economy. If you don't actually know, and you really want to know, I'm certain you will figure out how to educate yourself on the topic. I don't want to comment too much on this bizarre confusion you're having over the NASCAR vs. art sponsorship. It's not frustrating, just pointless. And, except for fire fighting, all of the activities you listed are taught and encouraged in primary education and extra-curricular activities so your list confirms my point instead of refuting it. Go back and re-read the discussion between us if you can't understand how that is the case. |
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
Quote:
|
Considering the amount of subsidies that have been used to build NASCAR tracks and the NASCAR hall of fame, I'd be a bit more careful about using it as an example of a self sustaining business.
|
Quote:
Outside of the fact that I often get blamed for going off in tangents, look back and you will find this: Quote:
|
i didn't answer because i didn't think your question interesting. i still don't. not only do i think it uninteresting, but it's also a threadjack. this thread is not about what you do or do not consider to be art. the thread is about the problem of an "economic recovery" that's producing no jobs to speak of. the issue here is not whether you, ace, can come up with some nitwit argument about nascar that you imagine provokes some fantasy "snooty liberals" but rather whether there are any coherent state responses to the "jobless recovery" and whether it makes sense to perhaps include funding for "the creative classes" about which there's been alot of blah blah blah generated in non-profit land as ways to potentially persuade state outlets to fund them---in ways that may or may not have any actual impact on the lives of working artists. frequently the money that goes into "art" non-profits goes mostly to fund the non-profit itself, so much depends on the exact entity. anyway, that is the topic of the thread ace.
if you want to pursue your "provocative question" about nascar, start another thread. |
I think this is less a jobless recovery and more an outsourced recovery. It's not that the jobs aren't there; it's that they're going elsewhere.
Quote:
The alternative would be to hire domestic temp/contract workers, which I think is another trend to look at. When you have a series of 3- or 6-month contracts making up a reasonable bulk of the "job recovery," how does this show up in the numbers? Does it dilute them? |
Quote:
Quote:
---------- Post added at 07:26 PM ---------- Previous post was at 07:19 PM ---------- Quote:
Secondarily, if we have a growing population who do not have "white collar" job skills due to a failing education system, employers have no choice but to go where the qualified pool of people is. In the US we are developing to distinct classes, the employable and the unemployable. I argue government is contributing to this divide. |
The notion that outsourcing is taking place because of the "unjustified cost added by the government" is non-sense. No matter how much you cut taxes costs in the US will not drop to levels found in China, India, and other popular outsourcing destinations.
|
eScholarship: What is Good for Goldman Sachs is Good for America The Origins of the Present Crisis
i have been considering starting another thread around this but figure the likelihood of folk reading a 70 page narrative economic history of the neo-liberalism which runs from the reagan period through the early phases of the current implosion are pretty slim. but the paper that's linked here, "what's good for goldman sachs is good for america" is really quite impressive and utterly, completely devastates the various conservative myths not only about the present conjuncture of imploding housing prices, credit disappearances and no jobs but also about the links between these phenomena and neo-liberal monetarist policy. which btw doesn't become the actual guiding ideology of the imperial formation that was until the clinton period. shows you what we sometimes say about the united states being a single party state with two right wings. i see no particular reason to take seriously conservative hand-waving about economic history and the realities that play into it, and still less their hand-waving about what should be done to address it. the article departs from a basic argument: capitalism since the 1970s has been plagued with extremely weak fundamental characteristics as a function of a crisis of overproduction/overcapacity. but the history simply builds out from there and returns to it. the data's here. there story is interesting. and you've maybe seen popular accounts that parallel this. there's no mystery as to why there are no jobs accompanying this "recovery"...there never was any mystery about it. but read the article if you like. seems to me it might be a good idea to restart a conversation around a shared information set. we'll see what, if anything, happens. |
Quote:
|
Quote:
it's nonsense to think that the US can compete on the production level with these other countries. |
Quote:
|
Quote:
|
Quote:
|
Quote:
|
Yeah, you'd think that the bigger variance (and, therefore, concern) between U.S. prices and Chinese prices would have more to do with the variance between labour costs and currency values.
Unless, of course, you don't think the yuan is undervalued. |
Quote:
First, do you believe government imposes costs on business? If, yes, do you agree that some of those costs could be reasonable and serve a greater good? Then do you agree that some of those costs could be unreasonable, not productive, wasteful, and not serve as a benefit to society, consumers, employees, taxpayers, or anyone? These are the costs I am talking about. ---------- Post added at 03:02 PM ---------- Previous post was at 02:55 PM ---------- Quote:
|
Quote:
Also, the personal savings rate in China is currently 30%. Compare that to 5% in the U.S. (previously zero). China's imports are heavily weighted towards resources and commodities. They turn a lot of that over to building infrastructure, but I'm sure much of it is also turned around to exported manufactured goods...for a decent profit. This, in addition to China also ramping up their own export industry as far as resources are concerned. Sure, the standard of living in China ain't what it's like in North America, but it's certainly better than it has been and it's getting better. I don't think the suppressed yuan is hurting them. I think it's helping them; that's why they're doing it. |
Quote:
There is a cost associated with China keeping the value of their currency lower than it should be. That cost is imposed on the Chinese people. That cost is only one component of a large string of variables that go into that nation's market interaction with the rest of the world and their national standard of living. They are subsidizing our consumption - those buying their products get a discount, and the people of China pay for that discount one way or another - but generally it is reflected in the national standard of living. There is no doubt their standard of living is increasing, but there are other factors in play. China, by manipulating their currency, is making a long-term "gamble" (for lack of a better word). If they get the rest of the world "hooked" and committed to production from China as the rest of the world minimizes their ability to produce, they can effectively reduce competition and the possibility of competition gaining an exceptional ability to control prices in the markets they control, that -C turns to a +C with the rest of the world having limited or a sluggish ability to rspond. We need political leaders mindful of this kind of long-standing market penetrating strategy. We do have a few people in Washington putting pressure on China for their currency manipulation, my preference would be we put more pressure on China in this regard. I think this is a better approach to addressing outsourcing, and trade imbalances. |
Quote:
Median wage in China: around 2000 dollars, year Median wage in the US: around 39000 dollars, year Minimum wage in China: around 124 dollars a month (this in the province with the highest minimum wage) Minimum wage in the US: 7.25 an hour So, again, the idea that outsourcing is caused by taxes is nonsense. |
Quote:
Taxes is only one variable. |
Quote:
First, I reported the number in purchasing power parities. Second, from the point of view of a company, what a salary does or does not buy is irrelevant. The investment decision is "x amount in the USA or Y amount in China?" |
Quote:
|
Quote:
The problem is that if demand goes up too fast or comes down too fast, society has more problems adjusting. |
Quote:
All of which make China a more desirable location, not less. |
Quote:
|
that's hardly the point ace. try to stay focused.
the fact is---again----that the fragmentation of production and its reorganization into supply pools linked by just-in-time style arrangments (which presuppose complex transportation systems) is a long-term process; it is one of the main features of "globalizing capitalism"--it is the what that is being globalized. capitalist production, capitalist exploitation if you like. which it is. all the more than previously because the brave new world of supply pools can make union busting or more repressive laws that prevent working people from organizing into a "competitive advantage" which is then justified by free marketeers in the north for whom exploitation is a good thing so long as commodities are cheap and the free marketeers themselves dont feel that they are being exploited. and it's all a force of nature in free marketeer world, not a result of choices that have and will continue to have disastrous social consequences for the metropole. which is where you and i live. the main claim in the brenner piece i linked above is that the underlying characteristic of contemporary capitalism is quite feeble, driven nearly to inertia through over-capacity so through over production which is of course the recurrent problem with capitalism isn't it? results from the standardization of processes, yes? anyway, you have real economies that just cant motor themselves and this is a persistent feature. you have this in the context of a new spatial arrangement which is absolutely not in the interest of the metropolitan working class at all at all---the end of nation-states, the end of the politics of nation-states in some ways---it doesn't matter that alot of us conservatives have such a blinkered view of history that they do not even recognize what's been given away here without so much as a whimper--somehow they've been conned into thinking that the interests of capital and their own interests are the same, more or less, and this despite the fact that the contemporary crisis demonstrates that this is self-evidently NOT the case, just as the history of neoliberalism does. brenner argues that in a way the first pure neoliberal administration was clintons. one of the hallmarks of neoliberal monetarism has been a series of bubbles (dot com, credit, housing etc) that have been sold as if bubble activity represented the states of affairs in the real economy--which they in the main did not. but these bubbles resulted from actions undertaken by the fed which reassured itself (greenspan was great for this) with bromides like "the fundamentals of the economy are strong"---which of course they werent and aren't, but hey who needs reality that affects most people when you're hypnotized by the reality that affects the holders of capital. and besides, that's the only reality you see routinely on tv. among the ideas was that these bubbles would translate somehow, trickle down, into investment in new economic activities and infrastructure....which of course they didnt. why would they? by the end of bush 2 we had reached the end of a series of bubbles, including the epic housing one and its correlate in the mortgage-backed securities fiasco (strange how these bond rating firms still exist. how is that possible? standard and poor's? moody? what the fuck are these outfits doing still in business?) and the realities that these bubbles were either supposed to address (unlikely--didnt happen in any event) or obscure (now we're talking...republican reality management...dont like something? pretend its not there. remember what the "great communicator" did to control inflation in the 1980s? he stopped counting things that caused inflation in the index. its paradigmatic) are still here. and conservatives STILL want to pretend there's no problem. there was a "jobless recovery" under clinton i think...what links the two is that they both happened inside the same basic capitalist geography. american socio-economic policy has not caught up with this geography in large measure i think because the still-dominant pollyanna neoliberal ideology doesn't allow for frank confrontation with real social problems of any magnitude, particularly not if confronting them pushes you to conclude the obvious--that capitalism left to itself does not produce anything like optimized social outcomes. there's alot more to the brenner piece, btw. it's worth reading. |
Quote:
|
Quote:
The inertia of over-capacity, cycling to under-capacity, cycling to over-capacity, in my view characterizes the basic business cycle. In market behavior terms I think market participants seeking to maximize profits prefer to error on the side of wringing every available profitable dollar out of the market rather than leaving profits on the table. It takes some form of market collusion or some form of protectionism for this to be avoided - the primary problem with this is inefficiency which is a cost born by consumers or non-protected market participants. I am not going to connect the dots to illustrate why my comment was on point contrary to your belief that it was not. Quote:
Quote:
Let me leave it at that for the moment, by guess is that we have reached the limit, and we are about to go into...whatever you call it...but I call it looking at an issue in a broader manner to gain a better understanding of an underlying issue. ---------- Post added at 09:28 PM ---------- Previous post was at 09:17 PM ---------- Quote:
Historic example: O.k., remember when a guy like Saddam Hussein would win elections with 99.9% of the vote? Why? Current example: The issue with GOOGLE and the Chinese government is about censorship. The Chinese government controls what the Chinese people see and hear, think that might influence survey results compared to nations with free flows of information? Do I need to continue? |
Quote:
I get paid pretty well =) |
All times are GMT -8. The time now is 11:11 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2
© 2002-2012 Tilted Forum Project