Slavery never ended people

Post Reply New Topic

its called minimum wage and community service.

I'm not sure what you know about corporate structure, but CEOs don't run the factories, they delegate people to run the factories. In fact, corporations involve lots of delegation. The thing that a corporate structure does involve is the creation of a corporate culture, a unified corporate strategy, a unified corporate budget for various projects, and the pooling of resources for R&D and other aspects of research.

It's probably not the people who run the machines who are best to manage it either. It's probably the managers, as they're actually responsible for output evaluations, cost evaluations, etc. A guy who counts inventory only sees the inventory count, he doesn't aggregate the knowledge of other departments, he doesn't have to think about what goes on in the rest, and he may not be competent beyond his limited task. So, managers are selected because they are believed to be able to handle these higher level functions of resources, and also increase the efficiency of the people who are working(and there are studies showing that effective managers do a good job).

Now, the issue with democracy is that democracy really isn't necessarily an efficient way to run things, and often it isn't. Democracies are better for inputting values, but they are not good for policies, as the members of a democracy are usually not all experts. Instead, when implementing policies, you're better off delegating the task to the experts on that, and individual workers often have goals that are contrary to the good of the firm, and where they benefit by firm decisions that hurt the group. Democracy ends up having significant incentive problems where one group strongly benefits and others are only slightly hurt. It's not a magical solution, and it's not a solution desirable to implement in every possible domain. (Nor is a society un or anti-democratic because it doesn't implement democracy literally everywhere)

Well, I doubt it's as simple as "useful idiots". Especially given that politicians on any side are simply pawns of power groups anyway. The role of politics is partially just to mediate power.

I also don't think anti-capitalism is anything but a rigid ideology. It's not going to happen, and because of that, it can only move focus away from sane debates. Fortunately, it is too fringe to have any real power. So, if the world needs more pragmatic humanitarianism, then it needs more pragmatic capitalism.

A black swan is an outlier, an event that lies beyond the realm of normal expectations. Most people expect all swans to be white because that's what their experience tells them; a black swan is by definition a surprise. Nevertheless, people tend to concoct explanations for them after the fact, which makes them appear more predictable, and less random, than they are. Our minds are designed to retain, for efficient storage, past information that fits into a compressed narrative. This distortion, called the hindsight bias, prevents us from adequately learning from the past.

Much of what happens in history", he notes, "comes from 'Black Swan dynamics', very large, sudden, and totally unpredictable 'outliers', while much of what we usually talk about is almost pure noise. Our track record in predicting those events is dismal; yet by some mechanism called the hindsight bias we think that we understand them. We have a bad habit of finding 'laws' in history (by fitting stories to events and detecting false patterns); we are drivers looking through the rear view mirror while convinced we are looking ahead."

The title of this thread is correct, there are slaves in this world as we speak. But then you had to ruin it with your biased little rant. My turn, I think socialist principles have caused the bondage of more slaves then true capitalism. Especially since a true, libertarian for of capitalism has never existed. You can try to argue that, but I see no point.

I find it hilarious that market libertarians and socialists do the exact same thing. There has never been "true free-market capitalism" just like there has never been "true communism". In no way do such claims show that your more "pure" ideology will ever actually work in the real world. Come up with real arguments instead of regurgitating things you hear.

I find it hilarious that market libertarians and socialists do the exact same thing. There has never been "true free-market capitalism" just like there has never been "true communism". In no way do such claims show that your more "pure" ideology will ever actually work in the real world. Come up with real arguments instead of regurgitating things you hear.

Here is a plain fact. Slavery is illegal in the United States and it is NOT illegal in Saudi Arabia. Guess where most of the slavery is?

ruveyn

The choice of thread title is unfortunate.

This is the phenomenon which the OP is referring to :-
http://en.wikipedia.org/wiki/Wage_slavery

I find it hilarious that market libertarians and socialists do the exact same thing. There has never been "true free-market capitalism" just like there has never been "true communism". In no way do such claims show that your more "pure" ideology will ever actually work in the real world. Come up with real arguments instead of regurgitating things you hear.

Yes, an ideological concept not taken seriously by current mainstream economics.

.

That depends on your definition of anti-capitalism. If you're talking about utopian radicals, yes. If you're talking about critics of market liberalism, no. There are plenty of highly intelligent people making a strong case for there being holes in the basic assumptions and logic of a lot of mainstream economic thought. A lot of modern economists acknowledge these holes and modify their theory to account for them, but a lot of critics claim they still don't go far enough.

Why would they when afforementioned economists stand to benefit from the existing set up.

Wage slavery is firmly grounded in the empirical experiences of those effected by it.

The rules of concepts you subscribe to, are like the rules of a game where one team has access to the rule book and the impunity to delete and edit as they see fit.