| (Pages: 1, 2, 3, 4, 5) | |
Beat Writer Posts: 148 Joined: 9 Apr 2008 | |
Copy Clerk Posts: 112 Joined: 16 Jun 2008 | Right wing economics tend to assume perfectly competitive markets, where monopolistic power does not exist, everyone has perfect information and all markets hit a fair and sensical equilibrium point. This has so far never happened in real life. Ever. Also, anyone who thinks non-govermental monopolies are a good thing realy needs to retake basic economics classes. Hard Right Wing economics leads to boom bust economies, with sometimes spectacular results and sometimes horrific market failures. With little government intervention, the rich-poor gap widens and markets become either more competitive or suffer from serious market failure in the form of monopolistic, monopoly or oligopoly markets. There is slightly more incentive to earn, but more vulnerable members of society suffer. Hard Left Wing economics can be productively inefficient, but allocatively efficient. Merit goods are provided at the right level, and the markets are inheritly more stable in a vacuum. There is less incentive to earn, but everyone is catered for. Really it's a value judgement. |
Paperboy Posts: 33 Joined: 27 Jul 2008 | Here's another one of those campaign videos: http://www.youtube.com/watch?v=65I0HNvTDH4 It is an interesting look at things. |
Infamous Scribbler Posts: 528 Joined: 6 Feb 2008 |
Yeah I heard the "35% is second highest in the world" thing on the radio, sorry for the bad statistic. |
Pulitzer Laureate Posts: 983 Joined: 21 Feb 2008 |
How so? |
Gone Gonzo Posts: 2768 Joined: 18 Sep 2007 | I love how American political wonks completely ignore the entire rest of the world and get lost in their own (or each others') navels. Arguably the highest-taxed society on the planet is Sweden. Traditional American econo-political doctrine says that Sweden should be a hell of corrupt governmental controls over all aspects of society... and yet the Swedish standard of living is among the highest of any nation, with reasonably low levels of unemployment, reasonably strong military and police forces, and a great deal of personal freedom. Arguably the most laissez-faire nation on the planet, with the least government interference in private enterprise, is Somalia. I don't think they have gun control problems or overbudgeted entitlement programs there, true, but... not much in the way of streets, or law and order for that matter, either. Personal freedom? I suppose it's there, if you can wheedle it out of the nearest clan chieftain/warlord. This isn't to say that government=good and private-enterprise=bad, just that the gross oversimplifications of the current crop of pundits in the US don't reflect what's going on right now in the real world. Democratic and Republican superpartisans have created cloud-cuckooland fantasy pictures and pretended they're real for far too long because they haven't actually looked beyond their own partisan dogmas. (Me, I favour a mixed-economy that damps the huge boom-bust swings of a pure market economy without the stifling inflexibility of a planned economy. Heresy to the Chicago School dogmatics, I know, but it seems to reflect what the top 10 best countries to live in are doing. How you'd convince Americans that this is the way to go is left as an exercise for the reader.) -- Steve PS: trickle-down doesn't work for the same reason that any other long distribution chain leads to higher costs... each link in the chain takes a cut with a portion going to savings instead of recirculation (or, in thermodynamic terms, each conversion leads to entropic losses) and so for anything to make it down to the very lowest levels of the economy you need massive injections at the top. That kills the middle class, and it's horribly inefficient at priming the economic pump anyway; even trickle-up works better that way because lower-income earners can't afford to put as much aside into uncirculated savings. |
Gone Gonzo Posts: 2779 Joined: 23 Dec 2007 | Anton, minignu, I am very pleased that there are sane people on this forum. I was started to get very worried that I was completely isolated in my correctness. |
Gone Gonzo Posts: 1684 Joined: 7 Feb 2008 | 2 reasons to vote Obama: Palin. McCain. /thread. |
Gone Gonzo Posts: 2768 Joined: 18 Sep 2007 |
Technically, Mirika is correct. "Radical" comes from the latin radix (if I've got that precisely correct) for "root", and in a political context it means ripping up what's there by the roots and replacing it with something entirely different. "Conservative" (origin discussed above) means preserving what's there. You can't do both at once. -- Steve PS: The term "reactionary" is a political term used to describe those who want to replace what is here now with something that was there earlier, to "go back to better times". That's probably a better term to use than "radical conservative". |
Paperboy Posts: 28 Joined: 18 Oct 2008 | Damnit! I had an air-tight rebuttal to that video but I opened a new tab to get a source and lost the entirety of my post. "...next time, Gadget! NEXT TIME!!!" |
Infamous Scribbler Posts: 537 Joined: 3 Aug 2008 |
I'll reply to all my quoters through this post, since I'd get a little repetative instead. I highlighted the part of your rebuttal that I think most clearly demonstrates my point. The core issues of the ideologies still remain, you can't change an ideology - what you can is invent new ones or change your political stance, but then you are no longer working according to the doctrines of the old ideology. A liberal person who suddenly gets conservative ideas can not claim to have changed liberalism, he's simply gone conservative. While I will cede the point that there are dozens, hundreds and even thousands of ways you can look at one of the three core ideologies, the main points of them stand anyway. A liberal person cannot argue the need of large-scale control and still convincingly call himself liberal. Anyway, what the main point of my post was - though it may have come across a bit weakly in comparison with the rest of the post, my weakness is that I tend to dwell too much on the wrong bits, was that the person I quoted (I can no longer remember who it was) said on one hand that you should watch what politicians do rather than what they say they do, and then went right on and ignored his own advice. Now, the reason I highlighted "american politics", is just that. The american politicians who claim to be liberal are, apparently not, liberal. So watch what they do instead of what they say they do. And yes, words change meaning over time. This, however, is not as true for ideologies as it is for other matters. Socialism, liberalism, and conservatism are the three core ways of looking at politics. Each of these cores is divided into dozens of other ideologies, which in turn are divided into dozens of others. But liberalism is, and always will be, about personal freedom and unobtrusive government - just as conservatism remains about preservation. |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
Or the fact that the government as a competitor in the marketplace has been established since Art. 1, Sec. 8 of the Constitution--yet DHL, UPS, and FedEx compete with the USPS--in thinking that any entrance of the government into the marketplace will lead to Soviet-style command economics. |
BANNED Posts: 599 Joined: 10 Oct 2008 | I would just like to point out that making fun of Obama in any way is racist. User was banned for: Your.Name.Here Presents: Perma-Ban, the Thread!. (Permanent) |
Gone Gonzo Posts: 1374 Joined: 12 Sep 2007 |
As is using his middle name, pointing out that he is skinny, calling him liberal, or referring to his past as a community organizer. |
Gone Gonzo Posts: 1374 Joined: 12 Sep 2007 |
While all this may be true in other countries, in the US we have what we have. Calling things other than they are recognized here because they differ in different places would be foolish at best. |
Gone Gonzo Posts: 1374 Joined: 12 Sep 2007 |
This post is more illustrative of the decline in the concept of America than anything I've seen in recent years. From rugged individualism, we have declined to the concept that all wealth belongs first to government, to be equitably distributed on the basis of, well, existence. Any income that IS NOT confiscated by government is considered a gift from government; any income that IS confiscated by government is considered an investment. From considering ourselves free creatures by right of G-d, with all the rights, privileges, and terrors of freedom, we have as a people devolved into serfs presenting ourselves and our families with nooses around our necks and silver pennies in our hands that we may no longer face the challenges of life on our own. Somehow we have taken the bravest and boldest of each nation and in a mere few hundred years devolved into something that, frankly, I don't see being able to compete with other socialist nations in the long term. We're losing our advantages whilst retaining our deficiencies. |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
That's not what that quote says. That quote describes a situation where the idea that all wealth belongs to the government in the first place is a given, and the difference between McCain and Obama is who they think should be given it as a privileged. True rugged individualism requires people to build their own roads, deliver their own mail, fight their own wars, and put out their own housefires. That just doesn't work. There's a big gap between thinking all wealth belongs to the government, and thinking the government has the right to tax and spend for the general welfare because some of that wealth was created by prior spending on the general welfare--it's hard to make a million dollars selling widgits if the government hasn't provided an infrastructure for commerce. Soviet Russia did not fall because it had a command economy; it fell because it geared it's economy towards winning a conventional war of armies and navies, not realizing that wars between countries are now fought with tariffs and corporations and trade agreements and information. Ever wonder why the U.S. government keeps bailing out the airlines? Because it's kinda hard to open up a McDonald's in Red Square if you can't fly executives around. As for serfdom, here are two quotes from the book that that idea that government regulation/participation in the economy is a form of serfdom: a book called _The Road to Serfdom_ from F.A. Hayek. These are some of the passages from that book that might surprise people here:
and
|
On the Record Posts: 6709 Joined: 10 Apr 2007 |
Actually, we developed from a nation of smugglers who out-competed other merchants by not paying taxes on stuff like tea... I know that goes a little to far, but it's important to remember that the values this country was founded on were not in opposition to Communism, but to Mercantilism. Big difference. |
Gone Gonzo Posts: 2768 Joined: 18 Sep 2007 |
Drama, much? If you're right, then perhaps your Founding Fathers were mistaken on how best to advance the ideals of the Enlightenment they so treasured. Perhaps preserving political freedom isn't best done by assuming that people will be responsible for their own freedom... perhaps their fears that Athenian demogoggery would undermine their Republic were well-founded, and their measures to counteract that insufficient. Honestly I don't think so; I think they did make some mistakes (they're only human) but nothing irreversable to the American ideals of equality before the law and right to seek betterment of one's living ("pursuit of happiness") has yet happened. The myth that "rugged individualism" is the foundation of American society is eroding, yes, but it was a myth fostered more by Marlboros ("For a taste as mild as the West was wild!") than by Jefferson. I certainly don't believe that any of those drafting your Constitution ever thought that plutocracy should be the ultimate result of that document... and if anything is killing rugged individualism in America, it's the concentration of power into the hands of the wealthy and their use of that power to increase the dependance of wage earners upon that power. -- Steve |
Gone Gonzo Posts: 1374 Joined: 12 Sep 2007 |
But the idea that all wealth automatically belongs first to government shouldn't be a given, at least not to conservatives and libertarians. Giving a tax break - literally the government taking less of a person's wealth or income - is not a gift, any more than choosing not to rob someone is a gift. By equating tax rates with gifts, we accept that we are property, that government knows best who should have what. With all due respect to Hayek, the situation today is not guaranteeing a certain minimum income to everyone, it's No, never mind. There's no point to answering these kinds of posts. America has decided that government should run our lives, taking everything and equitably re-distributing it, telling us what we can and can't do, what we can and can't say, what we can and can't think. I just need to accept it. |
Gone Gonzo Posts: 1374 Joined: 12 Sep 2007 |
Sorry if that's too dramatic. More and more I'm finding The Escapist forums too depressing, and it's starting to make me a little weird I think. I think I'm going to have to leave, at least for awhile, maybe go back to the hard science sites I've been neglecting, maybe do some more writing. Anyway, it's been fun. |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
I agree. But that's not the basis on which you criticized the previous poster. I agree it shouldn't be a given to even Social Democrats. Tax breaks are not gifts, like you said--every tax the government levies should have a sufficient justification for being levied in the first place. However, just because you disagree with someone else's justification does not automatically mean the only consistent ideology they can base that justification on is that all wealth belongs to the government and tax breaks are gifts. Spending to increase the general level of freedom or security in a country is justifiable, I think, without any need to base it on the idea that the government owns all wealth. Of course we'll have disagreements about the line between freedom and security and luxuries, but, any system that endeavors to provide freedom and security will have those disagreements. |
Gone Gonzo Posts: 2360 Joined: 1 Aug 2008 |
Yes the escapist can be depressing because it makes you think that people everywhere so want government to run their lives because they don't want to provide for their own wellbeing. But this is a slanted community and not what many people want/think/believe, I promise you there is a bunch of conservative youth(and older people) out there, almost all at my college (UT's business admin school) believe like you and I. So there is hope yet for conservatism don't get too down. |
Press Junketeer Posts: 440 Joined: 10 Mar 2008 | Most of its is basic Macroeconomics, but damn the media tells me to vote for Oboma so thats who my vote will go to! |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
I just like the idea that he taught Constitutional Law. We could use someone in office for a couple of years that thinks civil rights aren't just for commie arab pussies. Basically, whatever damage he does to the economy, I figure he'll make up for it in appointing good judges and setting an entirely new tone in the Federal government, if his behavior running the Harvard Law Review is any guide. |
Press Junketeer Posts: 440 Joined: 10 Mar 2008 |
Liberties and Freedom is the last thing on my mind when I am in a mob raiding a Grocery to feed myself and my family. You see the issue is that the Bush Administration has been injecting meth into our economy, making seem like its doing very well, and lets face it we have had meth injected into it for the last 6 or so years. Now what the next president does with the economy will be crucial. Not because he will be able to "wave a magic wand" (both Bush and Oboma can be quoted saying that excact phrase about gas problems) but it will be a deciding factor if we will be able to pull out of it in the next 8 years opposed to the next 10,20, life. I mean we could have a go at having our government run every aspect of our lives, but you wouldn't be able to do that without having bread riots i the streets of New York and Chicago (at least maintaining the basic Civil Rights and Liberties). I believe in the next 4 years we will really see the true face of Oboma, and what his real feeling of Civil Rights are. |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
The funny thing is, the whole issue could be moot--any huge government intervention could be justified not by waving a red flag and carrying a big paper-mache sculpture down Main Street on May 1st, but just by a second G.I. Bill. Think about it--we have *so* many vets now that any kind of benefits program for vets would be like a social welfare program of general application. Not as close as after WWII, but still--something to think about if any politician wants the government to get involved in the economy: they could do a lot under the patriotic, right wing cover of a massive G.I. Bill. EDIT: also, I should add that there are a lot of issues in Con Law that aren't just about civil rights--there's a lot of pre-emption stuff. Also, I wouldn't mind a president in there who could deal with a law like ERISA like, well, a law review lawyer. |
Press Junketeer Posts: 440 Joined: 10 Mar 2008 |
I mean I have no problem with some social help that effects the lives for everyone. For example I agree with Oboma that we should put a lot more effort into entry level school. Find use of income to better our children education at that level because that is the most important age of learning. And I support homeless shelters and job hunting organizations, soup kitchens, and education programs. The problem is well, economics. Resources are scarce and wants and needs are unlimited. We have to be smart where we put our resources to help our society, we just can through money into it and hope it goes well. We also can't start telling people where they need to spend their money and how they need to do it. Military is of the socialist factors that I am willing to let the government handle. I mean I respect Wal-Marts efficient and market power, but lets face it do you want them to run your Defense. They would outsource it. Don't get me wrong, I won't vote for Oboma but there are some issues I do agree on him with, I believe that there should be some sort of required military or foreign ambassadory service. It would at least make you respect what you have. At the same time though, It is one of the Privileges (not a right) of living in America that I am not required to die for my country, and that is a choice for me have. I can contribute by working, having and raising a family, and paying taxes or I can do that Plus a little bit more. We are all part of a community like it or not. Some to don't pull their weight, but most do. The driving factor in Socialism and Capitalism is that resources are scarce and not everyone gets to them. The difference is one I have the right to choose how I handle that scarcity the other I don't. |
On the Record Posts: 6709 Joined: 10 Apr 2007 |
Actually, I don't know how true that is. I think the driving factor in this day and age is technology--what can be done with resources. It's been human intelligence and inventiveness that has made the wealth we see around us possible. In a lot of ways I'm an Objectivist--I just don't delude myself that there will ever be an industrialist so incredible that I'll be more happy to sweep the floors of his factory than run my own business. |
Pulitzer Laureate Posts: 741 Joined: 12 Apr 2008 | Just wondering what exactly are the policies that Sarah Palin will find in the post-it notes lying around from McCain? |
Gone Gonzo Posts: 2661 Joined: 4 Nov 2007 |
You've intrigued me: is there any reading you could suggest on this point? Don't shirk from dense economics texts as long as they don't require an understanding of the lingo. |
Pulitzer Laureate Posts: 741 Joined: 12 Apr 2008 | As for the actual video I really don't see this guy's viewpoint. He seems to assume that vaguish promises will be applied as hard economic policy by Obama. That and his voices itself justifies something very violent. |
Beat Writer Posts: 148 Joined: 18 Feb 2008 |
Ha ha ha! Man, I tell you: this 'rugged individualism' business would never have gotten anywhere, if only the Wampanoags had let the Pilgrims starve. Or to put it another way, the government should encourage the market by no longer printing money. That's privatization for you! |
Paperboy Posts: 29 Joined: 19 Oct 2008 |
This is a strawman argument. I know of no centrally planned market or socialist plans in any nation on the Earth today or who has ever existed who had citizens who were totally supported by their government. I hear about them all the time it seems, big bad welfare states where people drive around in nice cars while living off of food stamps and welfare checks. I have yet to see one myself but then again I'm not a fiscal conservative, who at the slightest drop of a socialist hat apparently see Stalinist boogey-men everywhere. It's good to see McCarthyism is alive and well. I do like werepossum's scare-tactics though. I'm considerably more liberal and more socialist than Barack Obama ever will be and I don't even want a Soviet-style command and control economy. If you want to start conjuring up spooks I suppose we could start with Bush and his plan to nationalize our banks and financial corporations. Obama will take it farther but Soviet-style? Oh come on! It's not like we're going to hold onto those banks until the economy grinds itself into the dirt like the USSR, the plan itself calls for selling those stocks back to the banks, which should result in a nifty profit for the American tax-payer. That is assuming, however, that the government feels like giving us our money back.
Why does it seem that libertarians, fiscal conservatives, and anarcho-capitalists are the only ones who really buy into that whole deal of government being a seperate entity from the larger society and culture? Whatever happened to "by the people, for the people, and of the people"? |
Gone Gonzo Posts: 2768 Joined: 18 Sep 2007 |
Truth be told, it's something I only realised myself about the time this current market tanking started... it's probably an amalgamation of a bunch of stuff on the news with my old university textbooks. I don't pretend to be an economist, but I did spend a couple of years each in physics and history (the latter, alas, filled with dreary pseudo-Marxists ramming balance of trade charts into everything) and sometimes the fusion of the two disciplines is... interesting, especially in the light of past experience in small business and a serious news addiction. Most of what I said there, though, is either basic thermodynamics, basic economics, or current business practices... just put together differently. -- Steve |
| (Pages: 1, 2, 3, 4, 5) | |
|
|
Not registered? Sign up for a free account! |
"radical" and conservative are contradictory terms