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  • in reply to: Exploitation of Veteran's Day #44983
    Billy_T
    Participant

    Of course the war was won but that isn’t the issue. Perhaps you and Katie Couric should do documentaries together? The issue was securing an UNCONDITIONAL SURRENDER. That is the issue. It was necessary to prevent a great loss of US ad allied personnel in the invasion of Japan. The japanese leadership publicly stated the fight would be to the end and considering the casualties taken in invading Okinawa and Iwo Jima, Truman had every reason to believe them. The decision by japanese leadership to try to use Stalin to get better terms with the allies was fateful. Stalin doublecrossed them to grab more territory. That isn’t Truman’s fault. The japanese ignored the Potsdam Declaration which demanded unconditional surrender or Japan’s immediate destruction. Truman also gave fair warning of the second bomb drop.

    Japan only had one “condition.” Allow the emperor to remain as symbol, as figure-head. That was the only thing they asked for. It was, for all intents and purposes, the offer of unconditional surrender, and it also was what we ended up agreeing to. But not until after 300,000 absolutely defenseless civilians were slaughtered. It was a war crime and “terrorism,” by definition.

    And, again, there was no need to drop the bombs to prevent losses in the invasion, because the invasion was completely unnecessary. Japan had already offered to surrender prior to that. From the article linked to above:

    Gen. Dwight Eisenhower, for his part, stated in his memoirs that when notified by Secretary of War Henry Stimson of the decision to use atomic weapons, he “voiced to him my grave misgivings, first on the basis of my belief that Japan was already defeated and that dropping the bomb was completely unnecessary, and secondly because I thought that our country should avoid shocking world opinion by the use of a weapon whose employment was, I thought, no longer mandatory as a measure to save American lives…” He later publicly declared “…it wasn’t necessary to hit them with that awful thing.” Even the famous “hawk” Maj. Gen. Curtis LeMay, head of the Twenty-First Bomber Command, went public the month after the bombing, telling the press that “the atomic bomb had nothing to do with the end of the war at all.”

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: Death of Clintonism, Victory of Sandersism #44961
    Billy_T
    Participant

    The Dems now represent the professional class. Basically, the richest 10%, give or take. They used to represent unions, the working class and so on. Not saying anything new here, of course. But the Dems basically abandoned the working class after the 1960s, and little by little, and then with greater acceleration with the advent of Clinton and the New Dems, pinned their hopes on a coalition of the selectively blind . . . the professional class, which should keep doing well until robots take their jobs for good; blacks and other minorities, who likely feel they have no where else to go; and women who likely feel the same.

    The GOP gets its superior funding from the same folks the new Democrats now chase, but they don’t have any of the same baggage and can sweet talk their egos until the cows come home. They don’t have to even pretend to not like it. The Dems have to pretend still, lest their nominally “liberal” coalition will feel too guilty to manage or compartmentalize as they do now.

    The key for the Democrats is to keep this coalition together, which seems to me on its way to splintering, mostly along generational lines. Young minorities are no longer as willing as their elders to think of the Democratic Party as their traditional home, and the absence of any class politics is starting to piss them off. They’re starting to wise up to the fact that “parity” among racial, ethnic and gender groups, etc. etc. isn’t very helpful when it’s parity among the impoverished, or parity among the 1%. What they are beginning to notice is that massive inequality, from top to bottom, demonstrates the phoniness of the promise of escape. Escape for a select few is no longer enough, etc.

    From where I sit, the party that employs a no-holds-barred, class-warfare agenda, merging this with the absence of bigotry, will own the political landscape in the fairly near future. The party that demonstrates that conquering class differences is the fastest, most effective means of conquering the effects of racism, gender and sexuality discrimination, etc. etc. is going to own the future. Smash hierarchies, all of them, and you also smash the effects of American bigotries. And we should really be far more concerned with the effects than with the existence of those bigotries. They will always exist. The key is to render anyone (or any group) absolutely powerless to impact others through those bigotries.

    in reply to: Exploitation of Veteran's Day #44956
    Billy_T
    Participant

    I don’t think wars are just or unjust. That’s dependent on the perspective of the combatants. And those perspectives change over time. Wars considered just at the time they were fought often become unjust as facts surrounding the causes become available, etc…

    Interesting. However I don’t buy it, not completely. Take the atomic bombings of Hiroshima and Nagasaki. Truman had a choice. Ask his nation to endure what he was told would be 1 million US casualties in an invasion of the Japanese homeland, or drop two atomic bombs in an effort to force surrender.

    But those weren’t his choices, at all. There was no need to do anything more than accept Japan’s surrender, which was offered weeks before the dropping of the bombs. It’s a myth that America would have lost tens of thousands of soldiers (or more), because that kind of mass invasion wasn’t at all necessary. Japan was finished, and they knew it. And Truman had to have known it, because Ike and many other generals told him they were finished — and, again, Japan already offered to surrender with, what turned out to be, the conditions of the eventual surrender.

    The firebombing of Tokyo alone had already killed more civilians than would be killed with the dropping of the bombs, and that was in the hundreds of thousands. Russia was ready to enter the war against Japan. It had no way out. There was no need for the bombs — or the firebombing.

    Excellent article about the above from Jacobin too:

    Seventy years ago, the United States committed one of the most horrific atrocities in military history. Why?

    Another great resource on this is Gar Alperovitz:

    The War Was Won Before Hiroshima—And the Generals Who Dropped the Bomb Knew It

    in reply to: So if Trump wins you want to go to Canada? #44920
    Billy_T
    Participant

    Nittany,

    Our trips sound similar. I wound my way south of Dublin, hit a bit of the middle of Ireland, and made my way west, south-west. Also stayed in Limerick. Covered most of Ireland except for the north and northwest. Far too much to see in 14 days.

    What was your favorite castle? I’m crazy for castles, and probably liked Lismore the most.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: So if Trump wins you want to go to Canada? #44914
    Billy_T
    Participant

    Oh, and I also learned that it’s not such a great idea to drive in Dublin, unless you’re ready for total insanity. At least when I was there, they made New York City drivers look like scared old folks in comparison. And the motorcyclists made the car drivers look like they were standing still. Better to start your self-driving trip outside the city.

    My people came from Cork, Killarney and Tipperary. Got to see all three places, but regret not taking the time to research the family history. Also regret not being able to see Yeats Country, County Sligo. Will definitely see it next time.

    Perhaps the most magical (and emotional) moment for me — and there were many — was seeing the Cliffs of Moher, while hearing the ethereal notes and singing of a loverly harp player sitting on the stones there. Looking out at the sea, the cliffs, and thinking about the recent diagnosis (this was 2003) of my Stage Four cancer. It was all too much, but in the best possible way.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: So if Trump wins you want to go to Canada? #44913
    Billy_T
    Participant

    Very true about those narrow roads. I was warned, and made sure I rented a very small car. Was also warned about the tour buses, and that if you want to drive the Ring of Kerry — one of the most beautiful places on earth — you should always make sure you go in the same direction as those tour buses. I elected instead to get on one of those buses, temporarily stopping my self-drive travel.

    It was a great idea, leaving the driving to others, and being much higher up in the bus meant I could see over the stone walls which are everywhere.

    Also learned that you can’t really depend on maps to get from A to B. You need nearly play by play directions, because there are so many road digressions — which kinda fits in with Irish Story-telling itself.

    Yep, it takes time to get your Guinness. Mostly, because of pride. They want it to look as good as it tastes, I’m guessing.

    Also, I stayed in B and B’s too, except in Dublin. And they were almost all working farms. I had the best breakfast of my entire life at one in Grange, near Ardmore. Everything was home-made and beyond “locally sourced” as is the current rage (luckily) in America now. It was sourced from the working farm itself. The bread, the bacon, the milk, the yogurt, the pancakes. Nothing could have been “fresher” there.

    Only had one tricky moment where I forgot to drive on the left side of the road, pulling out of the small “mall.” The driver on the other end of my goof was decent, after slamming on his horn. He must have thought, “stupid Americans.” But he was decent and I didn’t make that mistake again. Ireland was so beautiful and the people were amazing. In shape, too. They walk or bike everywhere, it seems. You rarely run into “obese” Irish.

    in reply to: So if Trump wins you want to go to Canada? #44880
    Billy_T
    Participant

    Some Irish folk will take Trump expats, too. I just got back from there two days ago.

    Epic vacation, great people, great beer…even the driving on the left from the right seat was enjoyable…

    http://evoke.ie/news/irish-news/inishturk-island-welcomes-donald-trump-exiles

    I did a self-drive trip through Ireland back in 2003. Loved it. The place is just so beautiful and magical. Need to go back again. For a small island, it really has a ton to see and experience, and I know I didn’t even scratch the proverbial surface.

    What were your favorite places?

    (Edit: Sorry, WV. That’s twice now that I posted something all too similar to your own, without knowing you had, etc. etc.)

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: Also stopping by to say Hi. #44879
    Billy_T
    Participant

    Hey, Ozone.

    Doing fine, all things considered.

    Hope all is well with you and yours.

    LA? Come on. The Rams won’t go back there in a million years!! People in LA are interested in too many other things to welcome back a football team.

    ;>)

    in reply to: So if Trump wins you want to go to Canada? #44861
    Billy_T
    Participant

    bnw,

    I agree that Clinton is a terrible candidate. I don’t want her in the White House or anywhere near it. Nor do I want Bill there. But Trump is worse. Cuz he’ll give us the same rotten, neoliberal economics, with the added irrational bigotry. Clinton is basically a Republican without the bigotry. At least professed.

    Remember, even if Trump is this great populist savior — he’s not. He built his fortune beyond his massive inheritance by crushing the average Joe and Jame. If he’s this great populist savior, he still needs to deal with the Republican Congress with zero intention of letting him go protectionist, or help the working guy, or any of the things you say he will do. Ironically, if he really does focus on helping the working Joe or Jane, he’s likely to get far more help from Dems than from his own party, though they, too, love the status quo — with a few exceptions like Warren and Brown.

    In short, if you see Trump as an idealist, one who will fight for the “common man,” hopefully you see that his own party will stand in his way. At least. And then you have the entire establishment wing of the Dems to block him as well. Again, they’re basically Republicans without the professed bigotry.

    in reply to: Death of Clintonism, Victory of Sandersism #44859
    Billy_T
    Participant

    bnw,

    I just saw that you agreed to that 4 to 1. Yes, I needed resuscitation after reading it.

    ;>)

    Good to see we can have at least some common ground.

    Zooey,

    Great point about the ideology. Though it’s important to consider that the ideology helped produce the legal structure for capitalism, which was manufactured by the state, by states, and kept alive by the state, and states. If we actually control the state — which we theoretically do, at least — we can change that legal structure again. It’s not part of nature, as some would have us believe.

    It’s all an applied fiction anyway. And it’s time for a much better fiction, one that helps 100% of the population instead of 1%.

    in reply to: 9 reasons Denmark’s economy leaves the US in the dust #44858
    Billy_T
    Participant

    WV,

    You’ve probably already seen this study, but just in case:

    Americans Want to Live in a Much More Equal Country (They Just Don’t Realize It)

    The ignorance on the topic of inequality may have lessened a bit since 2012. But probably not that much. And the levels of inequality have actually gotten worse since then. But the study in question points out that most Americans would much rather live in a far more equal nation, and think they actually do. It’s also ironic that when asked, in a kind of blind taste test, to pick the ideal, they choose Sweden — again, without knowing it.

    With this in mind, from the total pie of wealth (100%) what percent do you think the bottom 40% (that is, the first two buckets together) of Americans possess? And what about the top 20%? If you guessed around 9% for the bottom and 59% for the top, you’re pretty much in line with the average response we got when we asked this question of thousands of Americans.

    The reality is quite different. Based on Wolff (2010), the bottom 40% of the population combined has only 0.3% of wealth while the top 20% possesses 84% (see Figure 2). These differences between levels of wealth in society comprise what’s called the Gini coefficient, which is one way to quantify inequality.

    in reply to: 9 reasons Denmark’s economy leaves the US in the dust #44856
    Billy_T
    Participant

    Perhaps the Danes don’t have enough disposable income to travel given their highest rate of taxation in the world?

    Far too many Americans don’t understand the concept of disposable income. They seem to believe, at least indirectly or subconsciously, that it’s what you have left over after taxes.

    No. It’s what you have left over after you’ve taken care of your tax commitments and your private sector commitments. Both. So if a society, via taxes, gives you far more for your tax dollars, so much more that your private sector transactions can be radically reduced, you end up with more disposable income, not less. And that is the case with Denmark and the Scandinavian countries. It costs them far less, between public and private outlays, to cover their necessities, and their necessities include things we Americans probably think of as luxuries: Universal health care, post-secondary education, paid leave out the ying yang, and so on.

    In short, their standard of living, when you add public and private expenses, crushes ours, and they make more money on average than we do.

    bnw, seriously. Do you really think that just because you and your wife didn’t bump into Danes that they don’t travel?

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: So if Trump wins you want to go to Canada? #44838
    Billy_T
    Participant

    Keep it up because it is working. Just not the way you think.

    Anyone who could possibly be bothered at all by criticism directed Trump’s way is already going to support him. Those who believe he shouldn’t be criticized are already supporting him. Those who want to defend him against criticism are already supporting him. Nothing we say here — or in any online forum — is going to change anyone’s vote, one way or another.

    Again, can you describe his plans for the American economy? How, specifically, would he bring jobs back? How, specifically, would he help those workers in Tennessee and elsewhere? Through what policy? Through what enacted mechanism?

    in reply to: So if Trump wins you want to go to Canada? #44830
    Billy_T
    Participant

    Keep up with the BS because it only makes Trump’s appeal greater at the ballot box.

    What BS? I told the truth. Trump has never actually come out with any policies. You can’t possibly know what he would do to supposedly help workers, because he’s never told you.

    If I’m wrong about that, please detail his plan.

    Beyond all of that, I’ve left out the other elephant in the room. I haven’t even gotten into the fact that he is beloved by white supremacists and pathologically bigoted Americans in general, or that he talks like he’s Mussolini half the time.

    It should make most people pause, the things he’s said about Muslims, Hispanics, women. But at the very least, you should be concerned that he’s never actually discussed any policy he would enact, beyond the soundbites “It will be great!! Trust me!!” and ““we’ll have so much winning, you’ll get bored with winning.”

    Where is the policy, much less the specifics?

    in reply to: 9 reasons Denmark’s economy leaves the US in the dust #44829
    Billy_T
    Participant

    I don’t think the Danes go far enough. But, yeah, they’re light years ahead of us. As are Norway, Sweden, Finland — and to a slightly lesser extent, Germany, Switzerland, France, the Netherlands, Belgium, etc. Most of Europe kicks our ass in quality of life metrics. So does Canada. And several Asian nations.

    Americans brought in roughly 14 trillion per year in income as of 2014 — that we know about. It’s likely several trillion more are unaccountable. Despite all the whining by the tea party (taxed enough already) crowd, Americans are at the bottom of the total taxation list for the OECD in most years. Generally speaking, no higher than third from the bottom. We could easily afford what Denmark does and far more, without breaking a sweat. It would just take raising the tax rates on the 1%, and I’d add several new (higher) tax brackets as well. When hedge fund managers routinely make billions, it’s pretty ridiculous to have a top rate of 400K.

    Throw in a financial transaction tax — the Robin Hood Tax — and we could do all of that AND balance the budget.

    Just go back to the tax rates we had under Ike (91% top rate) and we can pay for everything Denmark does and then some.

    in reply to: So if Trump wins you want to go to Canada? #44817
    Billy_T
    Participant

    How would Trump stop the hemorrhaging? He has no plan. He’s never actually discussed what he would do, beyond “I make really great deals!! Trust me!!”

    His followers go on nothing more than faith in a carnival huckster and rank bigot. He’s never come remotely close to telling you how he’s going to do these amazing things. None of his biggest supporters know what he would do. They’ve just read between his word salad speeches and projected their own fears and dreams on Trump.

    I challenge any of them to actually say, in concrete terms, what the guy would do to make life better for American workers — or the nation in general. Playing Mussolini isn’t going to do that. Blocking Muslims from coming into the country isn’t going to do that. “Shutting down” minorities isn’t going to do that. Etc.

    in reply to: So if Trump wins you want to go to Canada? #44760
    Billy_T
    Participant

    I trust Trump wants to get things done for working people. That alone is enough to get my vote.

    Yes. He wants to get things done for them. Like continue screwing them over, which was how he made his fortune, at least that part beyond his tens of millions in inheritance.

    It is impossible for anyone to make billions without screwing over workers. Mathematically and physically impossible. If the capitalist pays his or her workers fair compensation for the surplus value they generate, there is not enough money left over for the capitalist to accrue his or her fortune. That’s just math.

    Trump has absolutely no intention of helping working people. He’s never shown the slightest concern for them, and has always radically suppressed their wages. Again, that’s how he got rich beyond his original inheritance.

    That said, if you listen to his speeches, really listen, there is nothing there about actual policies. It’s all word salad, all too much like Sarah Palin, who pretty much mainstreamed political world salad for the current generation. Trump’s speeches are mostly incoherent, and his fans must be projecting their own fears and dreams onto what he says, because he has never actually described what he would do in concrete terms. Just that “It will be the greatest ever,” because he’s supposedly “the greatest deal maker” blah blah blah.

    It’s truly incredible that anyone falls for his nonsense — not to mention the fact that his rhetoric is at least fascist lite.

    in reply to: The $64,000 question #44757
    Billy_T
    Participant

    I have yet to see you post any references at all.

    Why should I? It wouldn’t matter with you. I know my family’s history but of course you know better!

    Find your utopia and move there. Oh wait, it doesn’t have a name and doesn’t exist but you can reference it in a book. Nice. How’s that working for you?

    Why should you? Because you keep making all kinds of unsupported claims, and I’m not talking about the one you just made about your family. I can’t argue against your family history, but I can argue against the reasons why you think it happened.

    And I’m not trying to find a utopia. They don’t exist. I’m just talking about doing things in a markedly better way. Better. Not perfect. Nothing is perfect. But we can always do better.

    Again, can you please describe the actual capitalist mechanisms by which you see it achieving all of these amazing things — even though I’ve demonstrated they haven’t happened, anywhere. Please describe what makes capitalism itself unique, how it works, what it does that makes it different from any previous system. And please avoid the lofty claims about its results. Talk about what makes it tick.

    in reply to: The $64,000 question #44746
    Billy_T
    Participant

    Wrong again. Feudalism drove people off the land and into the service of the nobility. When the Black Plague depopulated europe labor came at a premium and wages were paid for the first time. Specialization and the rise of guilds set the stage for capitalism with the onset of the industrial revolution.

    My people were coal miners. If they weren’t then that was because they were forced into military service for the Austro-Hungarian Empire. Time and time again until they could pay their way here. In their lifetime they bettered their life here and four generations later their family has further bettered their lives. Capitalism can work.

    Please provide links for your assertions. I’ve provided books that show you’re wrong.

    Feudal relations allowed direct producers to control their own production, set their own prices, keep their earnings. They had to tithe a percentage to their overlords, but, unlike the (unprecedented) legal structure of capitalism (which followed feudalism), their production was not owned by others. For the first time, with the advent of capitalism, a producer’s work was owned from the getgo by a new kind of overlord, the capitalist boss. A true revolution would have done away with any kind — feudal lord or capitalist.

    Small farmers were driven off their lands to set the stage for capitalist ascendancy. Google “enclosures,” which got their start in Britain, as did capitalism. The British state also help capitalism work its way toward dominance by doing away with centuries of traditional holidays for “peasants,” block them from hunting and fishing rights, and then allow mass production to crush the life out of the rest of home industries and self-provisioning.

    Prior to capitalism, a family could make it on their own, decide how much time to spend on work and play. With capitalism, they were forced to give up their relative independence, and work far more hours, without those Feudal holidays.

    Not saying Feudalism was good, by any means. It was terrible for many. But in many ways, average Joes and Janes had it better than they did with the rise of capitalism. And capitalism itself was “tamed” somewhat due to massive anticapitalist agitation, strikes, protests and the like, wherein average Joes and Janes were beaten or killed by capitalists and “the state.” They died so we could have tolerable working conditions, which capitalists never would have provided if they hadn’t been forced to.

    You need to read — at least The Invention of Capitalism and The Origin of Capitalism, as already listed. I have yet to see you post any references at all.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: The $64,000 question #44741
    Billy_T
    Participant

    As I wrote MODERN touch screen technology was invented in Oak Ridge, TN in 1977. This is the technology in wide use today. Three years earlier clear screen technology was invented in Oak Ridge, TN. Both were funded by the private sector.

    Careful Billy you’re very close to Obama’s ‘you didn’t build that business’.

    But you’re still wrong. “Modern touch screen technology” was invented before 1977. As the article proves.

    It might be nice if you would support your own assertions with links and such.

    ;>)

    As for Obama’s statement. He was correct. No business owner ever “builds that.” They all have massive help from society, from centuries of intellectual legacies, from workers, from public sectors here and overseas. It’s actually quite absurd for one person to try to claim credit for any business development. The modern world is far too interconnected and interdependent for that, and just a little digging always uncovers massive help from thousands, if not millions of others when it comes to all the great innovations throughout history.

    in reply to: The $64,000 question #44739
    Billy_T
    Participant

    Again, please describe what capitalism actually is. What makes it different, functionally, from previous economic forms? Not in its supposed results. What is unique about capitalist mechanics and internal logic? How does it work differently from previous forms?

    And it is unique and unprecedented. I previously linked to a great book that demonstrates this: Ellen Meiksins Wood’s The Origin of Capitalism. To make it more appealing, it’s extremely concise, well-written and very short.

    in reply to: The $64,000 question #44737
    Billy_T
    Participant

    I see a pattern post feudalism in which common people were paid wages for their hard work and enterprise and some were able to achieve greater wealth than the nobility. The rest improved their economic situation affording opportunities previously denied them. It is called capitalism. At present no other system is poised to replace it.

    They had to sell their labor power in the first place because the rise of capitalism destroyed their way of life, forced them off their small farms, crushed their ability to self-provide through their own home industries, their own artisanship or craftswork. They had no choice but to go into the factories where they made a fraction of what they used to make on their own, and had to work many, many more hours to get even that.

    And I just gave you stats to disprove your theory that “the rest improved their economic situation affording opportunities previously denied them.” No. They were far worse off than they were prior to the rise of capitalism, and in bad times, in much more dangerous straits. Now, they no longer can fall back on their own farms and small crafts. That’s almost all been destroyed by factory farms and mass production.

    Did you know that more than 3 billion humans live on less than $2.00 a day around the world? Many tens of millions go to bed each night hungry, and several million die of starvation. Just 60 humans, worldwide, now hold as much wealth as the bottom 3.6 billion.

    Seriously, how on earth can you continue to cheerlead for a system that produces such massive inequality, hunger, starvation, pollution and waste?

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: Death of Clintonism, Victory of Sandersism #44734
    Billy_T
    Participant

    As most of you guys know, the idea of a social safety net, and the “welfare state” in general, was originally a “conservative” idea. Bismarck is usually given the credit for its invention. As in, it’s really not an idea “from the left.”

    Again, a much better way to go is to ensure the following:

    1. Anyone who wants to work can, without down times.
    2. Anyone who does work is guaranteed more than a living wage.
    3. We have a maximum compensation structure to go along with the minimum, and a max ratio of top to bottom
    4. Prices and wages match up closely enough to guarantee a high quality of living for all citizens.
    5. Society sets aside a big enough Commons (at least) to make sure there are no obstacles for anyone who desires life-long learning, the best medical care, myriad parks and rec opportunities, myriad cultural venues, green food and water systems, etc.

    Arm everyone with the tools to reach their highest potential. Promote this. Promote independence and self-sufficiency to the degree possible. Have the economy do what it’s supposed to do, so we don’t need a social safety net or a welfare state — with exceptions.

    That, to me, is the much better angle to attack this.

    in reply to: Death of Clintonism, Victory of Sandersism #44729
    Billy_T
    Participant

    IMO, even those liberals who talked about the poor and wanted to do something about poverty (RFK), or did do something (LBJ), attacked it from the wrong angle. From “liberal” to “Social Democrat,” a bit to their left, the idea of the social safety net just adds another dimension of dependence. Not in the sense that conservatives say this, as a form of rebuke or a way to shame the poor. But as an indictment on the economic system itself which requires additional supplements.

    I think it’s time to start looking directly at capitalism as a failed system, an epic failure, if for no other reason than the fact that it has never, ever sufficiently allocated resources broadly enough to avoid massive poverty. That, to me, is damning. It proves it doesn’t work. No economic system can be said to “work” if it leaves so many people behind in dire poverty, and the vast majority living week to week.

    Public sector supplements aren’t the answer to this, and they just keep capitalism going long past its expired date. No social safety net, really, should be needed — except for the disabled and those who simply can’t work. A truly effective economic system, however, would be one wherein anyone who ever wanted to work could, and that no one who works can possibly be “poor,” or have to even struggle to get by. The proper functioning of an effective economy would mean that all workers make a wage that guarantees at least “comfortable,” and that means the ratio of top to bottom shouldn’t (or can’t) be more than 4 to 1, give or take.

    In short, the key is income and compensation up front. We shouldn’t need to help out citizens on the back end. The economy should do the vast majority of the work all by itself — again, up front. That’s actually the least it should do.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: The $64,000 question #44724
    Billy_T
    Participant

    Also:

    Capitalism is the system in which anyone can achieve wealth.

    This, of course, tells us absolutely nothing about capitalism. It’s just someone’s fantasy brochure headline for the system, as if they were trying to sell it to easily led lemmings. No intelligent adult is going to be fooled by this.

    And the data tells us even as a fantasy brochure, it’s nonsense. The median income in America for individuals is roughly 30K. The richest 1% hold as much wealth as the bottom 99% of the nation combined. The richest 0.1% as much as the bottom 90% combined. Just 20 Americans now hold as much as the bottom half of the country (roughly 158 million). Just the Walton family heirs alone hold as much as the bottom 40% of the nation combined — or roughly 130 million.

    Noticing a pattern? Rather than “anyone” having the chance to be wealthy under capitalism, very few ever do gain wealth. The vast majority of Americans live day to day, week to week, and don’t even surpass a five-figure salary. Roughly 95% of individual Americans make five-figures or less. As in, only 5% make 100K or more.

    Think about it. If the capitalist system is supposedly this amazingly bountiful opportunity for everyone, why do so few ever become wealthy?

    The answer is pretty simple: In order for one person to be rich, others have to be poor or middling. There is no other way for the math to work.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: The $64,000 question #44722
    Billy_T
    Participant

    bnw,

    Modern touch screen technology was invented in Oak Ridge, TN in 1977. I’ve been in that very room many times. It was funded by the private sector.

    It’s a side issue, but, no. Touch screen tech wasn’t invented in 1977, or in Tennessee.

    From touch displays to the Surface: A brief history of touchscreen technology

    Historians generally consider the first finger-driven touchscreen to have been invented by E.A. Johnson in 1965 at the Royal Radar Establishment in Malvern, United Kingdom. Johnson originally described his work in an article entitled “Touch display—a novel input/output device for computers” published in Electronics Letters. The piece featured a diagram describing a type of touchscreen mechanism that many smartphones use today—what we now know as capacitive touch. Two years later, Johnson further expounded on the technology with photographs and diagrams in “Touch Displays: A Programmed Man-Machine Interface,” published in Ergonomics in 1967.

    CERN, in the early 1970s, another public sector creation, did the vast majority of the rest of the research and development, before other groups jumped in. Private companies didn’t jump in — they never do — until after public sector institutions did the heavy lifting. Oh, and the vast majority of all telecom technology innovations are based on a foundation put down by great mathematicians, and that goes back centuries. They weren’t in the private sector. They were primarily teachers, professors, etc.

    in reply to: The $64,000 question #44711
    Billy_T
    Participant

    Btw, capitalism doesn’t fit at all with “human nature,” if there is even such a thing. It fits very well with a certain pathology, a certain, minor strain of human being. Sociopaths and alphas, which make up roughly 10% or less of the population. The vast majority of human beings would much rather get along, live in peace, make love, be happy, share, cooperate with one another. The vast majority of humans have no desire to become king or queen of whatever economic fiefdom sociopaths or alphas desire.

    And we humans lived communally, cooperatively, with no more than a two-tier or three-tier hierarchy for our first 200,000 years. It’s only been in the last two centuries that capitalism has had any significant presence, and it’s only dominated the world since WWII. Large swathes of the globe, including North America, had communal societies right up into the 20th century. Capitalism is a late-comer on the scene, an aberration, and does not fit at all with “human nature,” if there is such a thing. It too shall pass.

    in reply to: The $64,000 question #44709
    Billy_T
    Participant

    bnw,

    Of course endowments are private donations. Donations derived via CAPITALISM. 13.2% interest earned via CAPITALISM.

    Indeed change is inevitable. Human nature is not. Capitalism has lasted as long and permeated the world because of it.

    How long do you think capitalism has been around? Please be specific. And please describe what you think it actually is. Because in America, it wasn’t dominant until after the Civil War. More than 80% of American workers were self-employed, and not capitalists up until the late 1870s. We had thriving universities, with endowments, and “private donations” before it took control. Capitalism has never, ever been required for people to make those donations. People gave to the arts, to universities, to medical research, etc. etc. centuries upon centuries before its advent.

    It is also the case that even under the capitalist system, the public sector has been responsible for the vast majority of all innovations we use on a day to day basis. Not capitalism. The Internet, touch screen technology, satellite tech, GPS, the computer — to name a few — all came from public sector research and development. The vast majority of new medical breakthroughs also come from the public sector, primarily NIH. We could easily do without the private sector and still fund all of our universities, research triangles and so on. The public sector could do everything done currently by the private sector, and better, and for far less costs to citizens. The private sector also routinely impedes progress, chiefly because it won’t move on innovations if they don’t produce immediate profits — and most great innovations don’t.

    Read David Graeber’s excellent Of Flying cars and the declining rate of profit for a good break down of the above.

    • This reply was modified 7 years, 11 months ago by Billy_T.
    in reply to: The $64,000 question #44684
    Billy_T
    Participant

    Bnw,

    Please describe how, exactly, capitalism and capitalism alone is the cause of thriving universities.

    Now, if you’re talking about money making money, you’ll also have to talk about how much this costs others. Money doesn’t multiply when this happens. It’s shifted from one place to another and this is always zero sum. If one person or one company makes a killing, their profits, their “winnings,” must come from someplace else. Money can’t exist in two places at once, and it’s a finite thing.

    Usually, workers bear the cost of someone making a killing in stocks. Money that should have gone to them goes to “investors” instead. And companies also make decisions that are detrimental to workers if they benefit investors. This means screwing them on wages, benefits, workplace conditions and the like. The stock market is notoriously averse to labor gaining ground, getting raises, etc. etc. Stocks often tank when there is good news for the vast majority regarding their jobs and so on.

    And those big returns you’re talking about for X universities? They never last. The stock market crashes, inevitably. And who bails out those capitalists, over and over and over again? We the people. Since 1970, we’ve bailed out capitalism worldwide more than 100 times, to the tune of many, many trillions.

    You see, that capitalism you cheer for has never been able to make it on its own. It has always needed massive support from governments across the globe — directly, indirectly, in the form of wars, coups, regime changes, infrastructure, trade deals, currency supports, police and fire protection and flat out trillions in bailouts. It would have died more than a century ago if not for the massive off-loading of business costs to the public. It survives solely because we and so many other nations “socialize the risk and privatize the profits.” It’s easily one of the biggest con games in the history of the world, and anyone who tries to peddle its supposed wonders has either forgotten all of that, or knows it but doesn’t care.

    There is nothing in the world being done today that couldn’t be done much better without capitalism in place.

    in reply to: The $64,000 question #44681
    Billy_T
    Participant

    WV,

    Again, good thoughts on your part. You’re still damn humble about this stuff, and I think that’s a help when it comes to communication with people in general, and the poor especially. One of the things they hate the most about “liberals,” for instance, is the sense they get from them that they’re all too dumb to “get it,” and the sense that they’ve been written off, especially if they’re poor and white. And, basically, they have been by the everyone from the right to the center-left. The Dems turned their backs on the poor after the 1960s, and the Republicans stopped caring after Lincoln.

    That “dependence on capitalists” is a biggie for me. It’s one of the main reasons I despise capitalism so much, because it does create ginormous dependencies, and it came into existence, originally, by crushing small, independent farmers, artisans, craftpersons, etc. etc. A lot of people assume, for instance, that waves of immigrants left Europe and other countries to find a better life in America, because of something we were supposedly doing so much better than anyone else. That we were this amazingly free beacon of hope for all. In reality, we were forcing capitalism on the world, along with Britain, especially, to such a earth-shattering degree, those old world artisans, farmers, craftspersons and the like HAD to leave their homes. Capitalism had destroyed their way of life, which was, relatively speaking, “independent” of the competitive laws of motion foisted on the world with the rise of capitalism. They were forced to leave for the New World largely due to what the New World had done to them — again, with Britain once being the main pimp for capitalism before us.

    In short, we need an economic system that has social justice and democracy baked in, and no longer forces dependencies on everyone. One that makes people independent to the degree possible. Ironically, if it’s a cooperative, instead of a competitive economic system, individuals are a thousand times more likely to forge that independence.

    • This reply was modified 7 years, 11 months ago by Billy_T.
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