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341  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 23, 2011, 06:16:03 PM
Are you capable of grasping the idea that some people's moral system just might be different from your?
Yes, but I reserve every right to call out others' moral contradictions. If you believe in capitalism, own it. Love government.

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Employees welcome to quit any time he doesn't like the arrangement.
As an employer, you'd assume that they could, or that you were doing them a favor, just to make yourself feel better about governing them.

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If that is called controlling, then so be it.
So, you love government?

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For the record, most of my bitcoin are earned through economic exchanges. I never stolen anything from anyone.
Assuming that that is true, and not a statement of capitalistic delusion, then you aspire, as a capitalist naturally does, to rule over others and thereby profit.

FatherMcGruder,

I am curious do you work for someone, or do you employ others?

Or do you act on your beliefs, an neither work for someone and do not employ others?

You obviously make use of money, but how is that money acquired?  Through Work? Do you sell your services to others? Effectively working for them.

Just trying to judge the hypocrisy.

Or is the argument, that it is the system in use and you are forced to use it to survive. Which would not be a correct argument because you could gather your belongings go to the woods and live free, of course without an internet connection.
Having grown up in the Appalachian Mountains it is very possible to live of the land, Apple trees, berry bushes, roots, without ever having to "Farm" or own anything. It wouldn't be easy but possible.
My personal life isn't relevant to the discussion. For all you know, I am a capitalist arguing the anarchist position just for fun.

Now, capitalistic entities control all the usable territory. Even if there was a region free of capitalist authority, I would have to abandon my home and endure a state of exile to live there. That I, or anyone, might endure the status of an employee on the threat of exile (best case) does not qualify as a free choice.
342  Bitcoin / Bitcoin Discussion / Re: Bitcard - an idea for fast transactions on the street on: March 23, 2011, 05:37:50 PM
This still wouldn't completly replace paper govt money with bitcoin, but would make it compete with it, or rather with "plastic money" and other instances where people pay and receive govt money without actually seeing the paper notes.
Why couldn't mutual banks issue paper money backed with bitcoins?
343  Other / Off-topic / Re: Do you like profit? on: March 23, 2011, 05:02:07 PM
Sure he could of chosen but he would be without pay. If he doesn't like it, he should better his skills or find a new career.
What if he spent all of his time painting instead of producing food from his labor (farming, foraging, hunting...)? What if he had no place to do so? Now he must trade his painting for food or the means to get food. He has no capital with which to access a market that pays as highly as that which the gallery owners have access to. Now a gallery owner can pay him less than the fair value of the painting and be his boss. With her capital, she puts herself in a position of authority over him.

Obviously, if no one will pay anything for his paintings because they suck, we have a different situation.
344  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 23, 2011, 04:41:17 PM
No, it is just that you hate the way it works or what you think how it works.

To me, your position cannot be compatible with mine. We have different value system. That's all there is.

It's like I am the pyschopath, and that you're a normal regular human. A pyschopath don't have empathy and sympathy. They just fuck with you for no reason. Similarly, a capitalist don't understand the concept of exploitation and non-exploitation. He doesn't have any feeling for what's the proper price. There's good deal and there's bad deal. There is no good or evil.

For example, a paperclip maximizer AI loves paperclips. It ponders paperclips philosophically for thousand of years in human time. It wants to replace everything with paperclips. It believe that the creation of paperclips is the highest moral good. It doesn't hate you, or love you. You're just a bunch of atoms that can be turned into paperclips.
Well, are you a human being capable of rational thought or a capitalistbot stuck in a profit loop?

Because I don't believe in "controlling" others.
Then why are you content with the idea of employing someone and being his boss?

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A capitalist is just a rational profit-maxing agent or someone who try to act that way.
Yes, a thief.
345  Other / Off-topic / Re: Do you like profit? on: March 23, 2011, 04:33:06 PM
Thought experiment:
I'm a painter. I paint a piece, and sell it to a gallery owner. The gallery owner says, great, here's your 100 bucks. I go and buy some paint, brushes, etc. Rinse, repeat.

Some time later, a friend points me to a website. Huh? I think, that's my name, and those are my paintings. And, wholly-shit! they are being sold for $5000 a piece!

I confront the gallery owner, who says, that they are in fact selling my works for a massive, massive markup. And that there's nothing wrong with that. I voluntarily sold the paintings to the gallery owner. I accepted the price paid for my work. I should be happy that I got what I thought was a fair price for my work, and the gallery owner was happy to have paid that fair price. The fact that the gallery owner can turn around and sell each piece for a huge profit is nothing to do with me.

Is this immoral?


(Scenario taken from a very good fiction book I read once. I can neither remember the name of the author, nor the title of the book.)
Yes. The gallery owner abused the fact that she owns a gallery and has access to a special market to steal as much as $4900 from the artist. However, capitalists believe that she has the rightful authority to do so. Now, the gallery owner probably did some work and had some expenses, but not 98% of that which both parties contributed to the production and sale of of the painting. Therefore, she does not deserve as much as 98% of the earnings associated with producing and selling a painting. The gallery owner has no right to take advantage of the fact that the artist, because he lacks capital, does not have access to a market that will support as high price as the the one she has access to via her greater capital. However, if the gallery owner indicates that she wants to share the earnings fairly and the artists opts for a smaller share, he will have freely gifted some of his fair share to her.

Of course some folks might not agree that theft is morally wrong. Then we have to use another argument.

You should of negotiated your artwork better or there's the possibility the middleman adds value to the art you could never add. I see nothing wrong.
You assume that the artist could have freely chosen not to sell the painting.
346  Economy / Marketplace / Re: bitcoin groupon on: March 23, 2011, 03:37:15 AM
Listing in USD is a good idea, since it nullifies my other concern: people pledge 20 BTC when that means 16 USD, and their offer is accepted two years later when it means 130 USD.
What if people chose whether to denominate their pledges in bitcoins or USD?
347  Economy / Economics / Re: How Does Stock Work on: March 23, 2011, 03:36:06 AM
Everytime someone buy or sell a stock, some of that money goes to the corporation to be used as capital?
I think only when they initially sell the stock.
348  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 23, 2011, 03:33:15 AM
That's a very strange definition of what a capitalist is.
How is it incorrect?

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Anyway, a smart capitalist would sell goods and services as the highest possible price as he possibly can. That how I would do it, either as employer or employee. To attribute high prices of something as evil or good is a very strange concept. It's just business.
Any capitalist would do this, not just "smart" ones.

Look into the Petri Dish when the resources start to get low.
No. As I said, "Natural Law" is an irrelevant digression.

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I think I get the idealism, I just don't get the realism.
I don't blame you. The capitalist delusion is very strong. I experienced it very strongly.

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But hey, if we all agreed there wouldn't be capitalism.
Agreement doesn't preclude capitalism. Capitalists often exploit other capitalists, but they agree that it is a non-exploitative relationship.
349  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 23, 2011, 02:47:52 AM
Capital is just an accumulation of wealth. Bitcoin allows capital to naturally form. The idea that capitalists are in the minority is just strange. That would implies very few have any saving.
Capitalists believe that they have the right use their surplus to maintain a position of power over others.

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As long you spend less than you earn, then you will begin the process of accumulating capital. That is what I called profit, when expenses is less than income.
It's not capitalistic to maintain a surplus as long as you do not make people pay too much in exchange for it. That's why rent, employment, and usury are so exploitative. The worker will keep paying, but he will never own the shelter, the workplace, or the borrowed capital.

Humans will not disobey "their instincts" when adaptive pressure is applied. Some might try, but then reach an evolutionary dead end.

Try not eating or drinking for a week, see what happens. Your instincts will start to rear their ugly head.
Humans can choose to starve and not procreate. And they do from time to time. That such actions might qualify as an evolutionary dead doesn't have to matter to whoever commits them if he doesn't want them too. If I recall ninth grade biology though, evolution typically occurs on a population scale. A few individuals opting out from squirting DNA at each other probably won't matter much, but I digress.

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Your argument assumes that their will alway be an abundance of resources. That is a fallacy. We have been fortunate, but it never lasts. History tells us so.
No, I only assumes that humans are capable of making intelligent decisions, not that we always do, of course.

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Bacteria still follow a system, and order for survival. Granted they have been reduce to the simplest basic form that all living organisms try to follow for success (Eat and Propagate)

Not to mention you have given the best example of Capitalism, Bacteria will try to exert their authority over you to gain resources for their survival, if you don't fight them, they will eat you alive and not give a second thought to it. Are they Evil?  No, they are just trying to survive. They work in a group to acquire as much of the resources as possible before someone else gets it.
But individual bacterium do not exhibit authority over each other. In fact, they invariably share genetic information and cooperatively form bio-films. Behold, solidarity. Seriously though, Natural Law is irrelevant. Just because I can rightfully consume the energy of a plant or animal, that they contain or produce, doesn't mean I can rightfully consume yours, even if I can afford it.
350  Bitcoin / Bitcoin Discussion / Re: When the majority decides to change the rules on: March 23, 2011, 01:54:46 AM
By the way gold, silver are a form of fiat. they derive there value from people (as does paper money) and what value we give it, they have no magic value of there own they are just metals.
I think the word fiat implies that some government or institution officially accepts a certain thing at a given rate. Prior to Nixon's order detaching the USD from gold, I guess you could have called gold a fiat currency. Now it is only a fiat currency in Utah. Someone correct me if I'm wrong.
351  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 23, 2011, 01:45:43 AM
FatherMcGruder,

 
Alas, I understand your position. You are an Anarchist.

As in:  is a political philosophy which considers the state undesirable, unnecessary, and harmful, and instead promotes a stateless society, or anarchy. Anarchists seek to diminish or even abolish authority in the conduct of human relations, but widely disagree on what additional criteria are essential to anarchism. According to The Oxford Companion to Philosophy, "there is no single defining position that all anarchists hold, and those considered anarchists at best share a certain family resemblance."

I guess you can call me an Anarchist, an Anarchist that supports gun ownership and my defining position is that Survival of the Fittest rules. Now, in the word of a great South Park episode:  "Lets Get It On"
As long as you do not seek authority over me we're cool. However, you seem to be content with the idea of being my employer (for the sake of argument). That is a position of authority and I don't like it. Unfortunately, I rarely have a choice when it comes to avoiding authority in this capitalist society of ours. For the record, I do condone gun ownership as long as their users do not use them to help impose authority over others.

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I put statism above any anarchy organization, but that is an oxymoron. An Organized Anarchy becomes the State of Anarchy and would need rules to distinguish which Anarchy position is being taken. There would even be different Anarchy Organizations, they might even fight each other and do battle over some perceived difference of opinion. They might want to co-opt your position into their own. You wouldn't want that to happen and be against it.
I see no reason why the inhabitants of a society in which the majority of inhabitants represent all the flavors of anarchism cannot coexist without imposing authority on one another and therefore forming states. As long as capitalists--and capitalists are never anarchists--are in the minority, everything will work just fine. People will have disagreements, but I don't see why they'll have to rely on authority to settle them.

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Out of Anarchy comes Order. It is natural. Lets go back to the Fish, schools of fish would be the closest thing to your anarchy system, maybe flocks of birds, but take a closer look at them. Is it Anarchy? or is their an Hierarchy to their behavior?  Even there, there is a form of government. A natural Government.  The fish don't follow the young ones, they follow the adult fish of good health when the school changes direction. They have a group of leaders and many followers.

Sorry you will have to give me one example of anarchy in a natural system. There are Natural Laws, we must follow them.
Really? How is the behavior of a school of fish relevant? They have little to no power to disobey their instincts. Humans do. They don't mind cannibalism. Humans can. We have evolved the ability to make and follow our own rules. So I don't see any harm in members of society mutually agreeing not to capitalistically eat each other. As such, anarchism seems entirely natural as a human behavior, not that it matters.

As for a natural system that exhibits anarchistic behavior: bacteria. Of course, bacteria are not people, so this example is irrelevant. "Natural Law" remains a crumby argument for just about anything.

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When you produce something from your labor. It belongs to you. That does not mean you have a right to withhold your surplus from someone
Please do not misquote me. I had written as follows:

No, you misunderstand. When you produce something from your labor. It belongs to you. That does not mean you have an unconditional right to withhold your surplus from someone until they offer in exchange something which took relatively more of work to produce.
I've made some edits, in bold, for grammar and clarity. Feel free to critique my complete statement.
352  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 11:30:54 PM
Employers do not tax, the Government has the employers tax and give the money to them. However, employment is not a right in a capitalistic society. You choose to work for someone else because you don't want to or can't work for yourself. You have indentured yourself and blame the government and its system for your standing.  I know a blind guy that runs his own business, so many things that people complain about fall on my deaf ears. (metaphorically speaking).
Employers certainly do tax their employers. The employees pay the employer a portion of that which they produced with their labor in exchange for the conditional use of his property. The citizens pay the government a portion of that which they produced with their labor in exchange for the conditional use of its property. Same thing.

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If you own your home and want to stay, I doubt anyone could coerce you to leave. You might not have electricity or water from the companies that supply it for you but they can't make you leave your home.  Drill a well, hook up a generator and supply it for yourself.
And you have to get all of these things, or the tools and resources to make these things, from a capital holder. And the more desperate you are, the more of that which you produce, can he take from you. So, depending on the force at his disposal, you can either submit or flee, and that is not a voluntary decision. It is a coerced decision.

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Or go the Amish route and forgo indoor plumbing and electricity. The Amish don't complain about it, they choose to live that way and don't pay an electric bill.
You give the Amish too much credit. Within their community, they have their own hierarchical problems in addition to the exploitation they face from the outside world.

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That is why Kings (Bloodline Rule) were terrible forms of government.
And capitalism is just monarchy.

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The key words are: "He got rich".  Yep he sure did. He was born poor and struggled to become rich. He succeeded.
He gained at the expense of others.

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If he was born poor in India, he would have stayed poor because he was born poor. The Caste system.
An the upper castes capitalistically profit on the backs of the lower ones.

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What is the greatest reward or promise that America offers?  Is that no matter your station in life, perceived disabilities, or struggles you go through, if you work hard and never give up, you have a chance at changing your status for you and your family.
The promise is that you're allowed to use some types of exploitation to get ahead. There's no punishment for taking the product of other people's hard work as long as you do it in a certain way and the people you exploit will get punished for trying to take it back.

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Abe Lincoln, taught himself, filed for bankruptcy, and became President of the United States. If others find that a flaw in our system, so be it. I find it an admired quality of the system.
And he issued the emancipation proclamation to mitigate the Confederate threat to his profit, not to abolish an evil institution.

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Bill Gates dropped out of college, started his own business, IBM tried to take it from him through manipulation, but he out did them. Ditto for Steve Jobs and IBM. The little guy can win in this system.
Bill Gates was simply lucky enough to attend one of the few schools that had a computer. He subsequently used intellectual property too protect his profits. The amount of hard work he ever did can't possibly, justifiably entail such wealth and power over others. Jobs isn't any better.

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The point being is that there is no guarantee, there is the "chance."
More probably, hard work goes unrequited.

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Curiously though, what system do you think is the best?  Obviously you don't think it is Capitalism, so to which system do you subscribe?

Bloodline Rule? (Kings and Queens)
Dictatorship?
Communist?
Socialist?
Oligarchy?
Republic?
Democracy?
or something else.
Anarchy, wherein most people expect to own the product of their labor.

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I would like to point out that Capitalism was working in each of those systems of governments because Capitalism isn't a system of government, it is a system of survival defined by Natural Laws. Even before money existed, Capitalism was at work all the way back to the stone age.
Capitalism and government are inseparable. Capitalism cannot exist without government. There is no purpose for government without capitalism.

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Don't fight it, accept it and work with it. Your tag is apropos, Capitalism is like Wolves. Wolves trying to survive. Just hope your in the right pack of Wolves.
People deserve more than to just try and survive.

Yea, that confuses me also.

But if I assume your position correctly and you want a system without the natural system of Capitalism.
Whether it's natural, whatever that means, or not, capitalism is a harmful behavior.

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You wish to for each to live like the fish in the sea. Eat when it is time to eat, and only eat when necessary.  Basically live like any non-pet animal. To each his needs and no more.

Let imagine what that system would bring. Starvation, goodbye Middle East, goodbye Ethiopia, or any country in need of food and they can't get it for themselves. I can't give them mine, I only eat when needed nothing left over. I don't have a house, no one to build it. I don't have a car, no one to build it. 

I make fire by rubbing sticks together, use a bow and arrow to hunt (but I have to be good because there is a lot of other hunters out there eating my food) Hmm... might be some conflict there if there is not enough food to go around. I might have to kill my competition in order to eat.

And on, and on.

Nah, I will stick with capitalism. It is more "Humane" otherwise I have to kill the weak so the strong will survive.
No, you misunderstand. When you produce something from your labor. It belongs to you. That does not mean you have a right to withhold your surplus from someone until they offer something in exchange which took relatively more of work to produce. Capitalists presume that they do have this right, and they create government to protect it.

Yea, that confuses me also.

But if I assume your position correctly and you want a system without the natural system of Capitalism.

His position is that use of means of production (land, factories, etc) is ownership. If you build or purchase a machine or plot of land and are not using it, others may use it as they wish.

Oh, I see, the American Indian idea. No ownership.
You are distorting what chodpada said. Your ownership of something does not give you the right to exploit others with their lack of ownership of that something.

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Capitalism could still work with that idea. But I foresee problems. Some will be able to use more land than others. I could operate a 200,000 acre tree farm and use it indefinitely for generations to come. Oh, I found Oil under my acreage, and gold, and diamonds. Bummer for my neighbor. Without the principle of ownership, the larger families will always out perform the smaller families. What about those who don't marry or can't have children?
That is capitalism and government.

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No, ownership was a step out of the animal kingdom. The rules on ownership could be tweaked though. I could agree with that. I would also be for fertile land set aside for "poor" people. But as soon as they start making profits, their profits need to be applied to the next poor persons acre. Sort of like homes for humanity. Pay for through work over time, so the next guy has a chance. If you don't work, you won't stay on your acre very long and hence open up a slot for someone willing to do it.
Why can't people just farm on unused land without a government setting aside crumby reservations for them?

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The factory thing is a little confusing. Without ownership, who builds a factory.  Lets say I put $30 Million into building a factory but my business fails. Under no ownership, I not only lost my investment in the business but I can't mitigate any losses by selling the factory and recover any losses. Any investors must eat the losses, but if they knew that up front, I wouldn't have had investors, and hence no factory.
You and the other workers still have a useful factory in which to build and sell something else. Oh wait, you live in a capitalist society and had to borrow that $30 million from a usurer. Now he owns the factory and you have to grovel before some other capitalist for the privilege working for a wage with which you will try to pay off the usurer's interest.

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To build a factory, you must have ownership.
So let the factory's builders own it. They can sell it to the workers who will pay them with a certain amount of that which they will produce, equal to the labor associated with building the factory.

To socialists and commies, profit is an abomination to be extinguished.

To capitalist pigs like me, profit is a natural goal that must be pursued prudently or else you just get rich while squandering resource.

Much sense in that statement.

But I find it curious, that Socialists and Communists don't want profits. They need profits for the their systems to even work (no profits, no taxes, no taxes, no distribution of wealth).
Those socialists and communists believe that the state is necessary. Perhaps they don't realize that the state is a capitalist institution.

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I think they want to redistribute profits equally. And if that were to ever take hold, I just got a hurt back and can't work, send me my check and make sure it is the same as everyone else's.  Grin
This is because capitalism persists amongst the citizenry in a state capitalist society.

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If a hurt back doesn't work, I want to be a tenured professor, or an Xbox athlete, maybe a "modern Artist."  Yea, an Artist.

How about a Tenured Professor of Art that is an Xbox Athlete. <--- Yea, that is what I want to be when I grow up daddy.  I like this Socialism and Communism.
Capitalism: get other people to work for you.
353  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 09:46:17 PM

Capitalism works because its net effect is to take precious resources out of the hands of those that waste, squander and defile them and distributes them in a somewhat optimal way into the hands of those who grow, produce and nurture them.

Dysfunctional capitalistic systems, crony capitalism, centrally-controlled debt fiat-based capitalism, authoritarian capitalism (china) and etc, somewhat work but eventually meet a denouement when the control of resources ends up in too few hands (who are, yes, wasting, squandering and defiling resources). The rich-poor gap becomes untenable and a large majority of people get hungry and angry. Hungry, angry people stop working and revolt or go to war, this is inefficient and destructive but serves to bring about a more productive allocation of resources. It, the free market works and has done for centuries, as long as conflicts between individuals (theft, fraud, exploitation, etc) are settled equitably and it isn't interefered with from on high by the state, large corporations or other forces that attempt to centralise power and control over resource distribution (bail-outs).

Natural capitalism and the free market is the embodiment of the original P2P network for distributing resources (used here to include labour, services, IP, money, anything that has value).
All these terrible things happen because capitalists use them to make profit.
354  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 08:37:10 PM
I think you are confusing Taxes with Capitalism. Taxes are independent of the system, they exist in all governments. The difference is in a democracy we can actually change it, unlike a dictatorship. If you want less taxes then vote to change Congress. Start with your local city, state, then Fed Representatives. The problem is people want the services, they just don't want the taxes. If the majority want it, Government could be reduced to basic necessities (defense and government maintenance(just what is needed)). Give up Social Security, Roads, Health Care, Medicaid, etc... and then demand lower Taxes.
And so do employers force their rules on employees and tax them for the privilege.

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If, however, you are talking about product prices. Then don't buy it, if you feel you are being cheated.
If I don't like it, leave? Indeed, capitalists can potentially coerce me into abandoning my home.

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Ahh, but this is how it works.
Yes, but it doesn't have to.

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Just one example: Barron Hilton created a vast amount of wealth and a successful business that employs thousands.  Unfortunately for him but fortunately for us, his "heirs" are money wasting idiots that don't produce anything. They waste their money and spend it like a drunken sailor.  Paris Hilton is redistributing the wealth so some other "Barron Hilton" will create a successful business to leave to his heirs.
And so too can a new king eventually ruin his father's kingdom, making room for a more coercive newcomer.

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There are not many true Moguls left. If the Kennedy wealth is diminishing, and the Rockefeller wealth. They have been replaced by the Bill Gates and the Oracle of Omaha and Steve Jobs, etc...
And Bill Gates and Carlos Slim once grovelled at the feet of the John D. Rockefeller. Get real. No one ever took turns with him. He got rich, stayed rich, and died rich. All the people he exploited are dead too. They have no recourse and nor will we against our exploiters so long as we tolerate capitalism.

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If a lowly no one, wants to be a mogul, then get a garage, drop out of college, and create something useful. You will then take the wealth from someone else, probably Paris Hilton.
This process is a fluke at best. You can rarely produce anything useful without the consent of your capitalist exploiters.
355  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 06:54:59 PM
I kind of try to go to the basics of necessities and then work up from there for appropriate government.

Would one agree, that in order to properly distribute resources, the resources in of itself would need to be equally distributed.

For example: Oil would not be in the Middle East but equally distributed among all countries per capita. And the same for Iron, Coal, Water, Food, etc...

If the resources are not equally distributed then there will be a cost to equally distributing them. This cost would in of itself not be equal since the cost to the Middle East Oil will not be the same as Siberian Oil, or GOM Oil, or Anwar Oil, etc...  And the same for Iron, Coal, Water, Food, etc...

Communism and/or Socialism are grand idealisms but not realistic due to the need for resources (even basic resources). And this is assuming that Greed and Vanity have been eliminated from Human Nature which actually goes against natural laws as currently understood.

It Capitalism doomed to fail? Yes, when wanted resources are extinguished. But then other resources will become relevant and the whole thing starts over with Capitalism taking the lead again. The Key is to make Capitalism as fair as possible. No collusions between companies and people, no illegal behavior, etc... Basically a pure and true Capitalism. 

BTW: Capitalism is not a form of government, it is a Natural Law. It operates under all forms of government (Democracy, Socialist, Communist, Dictator, etc...) 

China is communist using capitalism and many other example around the world.

Democracy has its flaws too. Individuals are smart, people are stupid. Democracy should be used in electing a ruling class that is not swayed by quick knee jerk reactions to public opinion.  Kind of like ehh...  A Republic   

But the Key to a Republic is public trust. Once the Trust of the people is lost, the Republic is lost.  Tell the truth, be honorable, prevent corruption, etc....  As soon as politician started saying what people want to hear rather than what they needed to hear, the system started to fail.

Double speak and fooling sheeple into a belief system is doom for said system. Preventing peoples views and opinions on subject by ridiculing them and forcing them to stop speech is bad even though what they say is stupid.

i.e. there should be a KKK politician somewhere speaking his beliefs. Why it won't matter is that people won't agree with him. But by stopping his speech, what one is really saying is that people "secretly" believe it and will follow him so we must stop him.

There should also be a Black Panther politician, etc...

I would much rather have people speak their thoughts and debate them, then keep those thoughts "Secret" and subversive.

In conclusion: Capitalism isn't going away until Natural Laws cease to exist. Sorry, Nature made us this way. 

The only escape from this is the religious route: God has another method that will supersede Natural Laws. So if your an atheist, Capitalism will rule for ever; If you are religious, God will supply another method when he arrives.
Wat? How does one naturally not get angry when someone takes something from you that you labored to produce and gives back something of less value? I think that that such a victim must have fallen for a trick called capitalism. He thinks that by capitalism, he will later take more and give back less. Of course, if he isn't already born into such status, he'll have to rely on luck and coercion to achieve it. What a miserable way to live.

Not Bloodlines (Kings, Lords)...
How is capitalism not monarchy, wherein capital, and all the power that comes with it, passes from heir to heir?
356  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 05:51:06 PM
After the Soviet Union collapsed factory workers were paid in whatever the factories produced. People found it very inconvenient:

https://www.economist.com/node/369396

An interesting article, but just another example of capitalism at work. Those poor workers were just paid wages in the form of that which the factory owner told them to produce.

Also, the Soviet Union stopped existing in 1991. The article mentions no events prior to 1993. Not that it would matter, because the state paid the soviets' wages.

Thanks for your accurate explanation, chodpaba.
357  Other / Off-topic / Re: This game is very simple... [5 BTC Reward] on: March 22, 2011, 05:24:36 PM
That said, it seems to be a split between people who really, truely don't care, and people who go "hell yes! Fuck the fed! I need to get into this". Not an even split, but a split. Most people don't care, or worry about "how do you get the money back out".
There are also people who think it's a cool idea, but probably a scam.

I haven't told many people, so these statements of mine don't come from much of a sample set.
358  Other / Off-topic / Re: This game is very simple... [5 BTC Reward] on: March 22, 2011, 04:21:37 PM
Heh - that might attact a few bots potentially, but the prize is small enough not to matter.

I had a laugh yesterday. While in SuperCheap Auto some guy was yacking loudly on the phone about some stock he was buying that didn't seem likely to move from $31. (Meanwhile I was looking in vain for some strip LED lighting for the headlights so I would be more visible when the lights were off - bronzeish coloured cars hard to see - looks like eBay's where I'll have to shop.)

Anyway when he hung up I swung by and asked. "You seem to be into financial stuff. What's your opinion on BitCoins" to which the answer was "What's a BitCoin" and I said "It's a new Peer to Peer currency that's been invented. It could be interesting to read about." and we went our own way.

He almost assuredly thought I was a wierdo - Clippy personified perhaps? (And he'd be right.) But nonetheless I was curious to see what his reaction would be. Most likely he's forgotten the name even before he got to the checkout.

Anyone got similar stories?

Edit: Peaches.
Well, I only ever mention Bitcoin to people when talking about financial stuff, how awesome the internet is, or when I know the person very well and they may possibly care. It feels like how I used to talk about private bittorrent trackers to my friends. They're either amazed or they look at me funny.
359  Economy / Marketplace / Re: Need 34.14 USD exchanged to BTC via PayPal - Paying 4 BTC on: March 22, 2011, 03:32:02 PM
Damn it, account was unverified so I got:

"We've received your PayPal payment, but there was a problem.
Only verified PayPal accounts may purchase Bitcoins.
Your payment will be reviewed manually and refunded on the
next business day."

I'll have to wait another day to get my money back, then I'll do this.
Why don't you just verify your Paypal account?
360  Economy / Economics / Re: Labor costs and prices in an economy using bitcoin exclusively on: March 22, 2011, 03:19:50 PM
When we consider wages another problem intrudes. Normally an employer would want to lower wages periodically to reflect the fact that demand for “money” is driving up the value of bitcoins. Wages, however, are “sticky”. No one wants to see their salary lowered and will resist this. Real labor costs rise as a consequence and employers end up hiring fewer people. This has a negative effect on the economy as the amount of goods and services produced goes below potential. Again holders of cash are happy but unemployment is causing misery.
People could also abandon wages and take ownership of that which they produce by their labor. Perhaps bitcoin will facilitate outrage against the capitalist wage system.
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