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Is fairness a great driver of economic growth.. (Read 4264 times)
aquascoot
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Re: Is fairness a great driver of economic growth..
Reply #30 - Nov 10th, 2015 at 5:49am
 
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.

i suppose we could have all the horses in australia compete in the melbourne cup and finish in the same time.  That would be a good thing if we said to the slow horses....

train harder
eat more nutritious food
stop munching magic mushrooms and laying about all day whilst other horses are doing personal development.

But thats not what we say.

We say....


hi there fast horse, hi there black caviar, we are going to get a gun and blow one of your legs off so those mushroom eating, chode , horses (like kat, pansi, crook, the monk and all the other scrubs) dont feel so hateful and jealous of your talents.
I know it was magnificent watching you running at the head of the pack with your athleticism and great natural awe inspiring success, but it really upset those fatty good for nothing horses, and well,  we have to keep them happy after all and they've shown no inclination to partake in your regime of excellence.

thats how we do it Karmal.

How pitiful  Wink Wink
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Ex Dame Pansi
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Re: Is fairness a great driver of economic growth..
Reply #31 - Nov 10th, 2015 at 6:19am
 
aquascoot wrote on Nov 10th, 2015 at 5:49am:
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.

i suppose we could have all the horses in australia compete in the melbourne cup and finish in the same time.  That would be a good thing if we said to the slow horses....

train harder
eat more nutritious food
stop munching magic mushrooms and laying about all day whilst other horses are doing personal development.

But thats not what we say.

We say....


hi there fast horse, hi there black caviar, we are going to get a gun and blow one of your legs off so those mushroom eating, chode , horses (like kat, pansi, crook, the monk and all the other scrubs) dont feel so hateful and jealous of your talents.
I know it was magnificent watching you running at the head of the pack with your athleticism and great natural awe inspiring success, but it really upset those fatty good for nothing horses, and well,  we have to keep them happy after all and they've shown no inclination to partake in your regime of excellence.

thats how we do it Karmal.

How pitiful  Wink Wink



...
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andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....
 
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Phemanderac
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Re: Is fairness a great driver of economic growth..
Reply #32 - Nov 10th, 2015 at 6:21am
 
The propaganda that the "market" will bring fairness is entirely dishonest.

Perhaps our species idea of fairness is wrong to begin with. However, if we are going to be honest about getting rid of fairness, then false fairness measures like our entire legal system would need to go as well...

Consider, it might not be fair for a corporation to squeeze every last resource dollar out of a community that they exploit with the support of the law.... If the community fight back (which potentially could mean some suits get hurt) then the law says, that's not fair... Protecting the exploiters...

This is the fairness that our present political system upholds.

So fairness is not a genuine part of any equation, socially, economically or politically. With luck - being fair is a personal choice - sadly, it would seem for all to few regardless of their socio-economic standing.
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Phemanderac
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Re: Is fairness a great driver of economic growth..
Reply #33 - Nov 10th, 2015 at 6:23am
 
aquascoot wrote on Nov 10th, 2015 at 5:49am:
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.

i suppose we could have all the horses in australia compete in the melbourne cup and finish in the same time.  That would be a good thing if we said to the slow horses....

train harder
eat more nutritious food
stop munching magic mushrooms and laying about all day whilst other horses are doing personal development.

But thats not what we say.

We say....


hi there fast horse, hi there black caviar, we are going to get a gun and blow one of your legs off so those mushroom eating, chode , horses (like kat, pansi, crook, the monk and all the other scrubs) dont feel so hateful and jealous of your talents.
I know it was magnificent watching you running at the head of the pack with your athleticism and great natural awe inspiring success, but it really upset those fatty good for nothing horses, and well,  we have to keep them happy after all and they've shown no inclination to partake in your regime of excellence.

thats how we do it Karmal.

How pitiful  Wink Wink


Ironically, the other side of that coin is far more parallel with how we do "fair" presently...

The Black Caviars of the world get fetted to excess. Meanwhile, the slower lot get less and less of the necessities of life so they will only ever be average, despite any and all effort they might put in.

The ol' horse analogy cuts both ways.
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On the 26th of January you are all invited to celebrate little white penal day...

"They're not rules as such, more like guidelines" Pirates of the Caribbean..
 
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aquascoot
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Re: Is fairness a great driver of economic growth..
Reply #34 - Nov 10th, 2015 at 6:41am
 
Phemanderac wrote on Nov 10th, 2015 at 6:23am:
aquascoot wrote on Nov 10th, 2015 at 5:49am:
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.

i suppose we could have all the horses in australia compete in the melbourne cup and finish in the same time.  That would be a good thing if we said to the slow horses....

train harder
eat more nutritious food
stop munching magic mushrooms and laying about all day whilst other horses are doing personal development.

But thats not what we say.

We say....


hi there fast horse, hi there black caviar, we are going to get a gun and blow one of your legs off so those mushroom eating, chode , horses (like kat, pansi, crook, the monk and all the other scrubs) dont feel so hateful and jealous of your talents.
I know it was magnificent watching you running at the head of the pack with your athleticism and great natural awe inspiring success, but it really upset those fatty good for nothing horses, and well,  we have to keep them happy after all and they've shown no inclination to partake in your regime of excellence.

thats how we do it Karmal.

How pitiful  Wink Wink


Ironically, the other side of that coin is far more parallel with how we do "fair" presently...

The Black Caviars of the world get fetted to excess. Meanwhile, the slower lot get less and less of the necessities of life so they will only ever be average, despite any and all effort they might put in.

The ol' horse analogy cuts both ways.


ive been to india and ive been to china.
The poor in these countries have a real reason to gripe (though they dont seem to).

I remain unconvinced that the poor in australia are being held back and trodden down.
i think its a rationalisation they use to remain in laziness mode.
ive simply seen too many people (migrants from vietnam who came here with nothing and who really pushed their kids through school), ive seen too many people succeed to believe that the poor should have success barriers.
I  really do put it down to laziness basicly.
the laziness comes first and the rationalisation comes second. people will always rationalise their behaviour to preserve their ego.

With our free education, great law and order, free libraries, very low unemployment (i mean 19 out of 20 people find a job)...with all this going for you.

If you live in australia
if you are healthy
If you are poor and are blaming the government, the economy, the boss, the "man" for holding you down.

you need to write this on a piece of paper and pin it on the bathroom mirror.

i"m a 40 yo healthy male
i live in australia
ive got nothing in the bank

I have...

messed up.

i believe in affirmations.
as long as you affirm the truth
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The Heartless Felon
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Re: Is fairness a great driver of economic growth..
Reply #35 - Nov 10th, 2015 at 6:46am
 
Phemanderac wrote on Nov 10th, 2015 at 6:23am:
aquascoot wrote on Nov 10th, 2015 at 5:49am:
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.

i suppose we could have all the horses in australia compete in the melbourne cup and finish in the same time.  That would be a good thing if we said to the slow horses....

train harder
eat more nutritious food
stop munching magic mushrooms and laying about all day whilst other horses are doing personal development.

But thats not what we say.

We say....


hi there fast horse, hi there black caviar, we are going to get a gun and blow one of your legs off so those mushroom eating, chode , horses (like kat, pansi, crook, the monk and all the other scrubs) dont feel so hateful and jealous of your talents.
I know it was magnificent watching you running at the head of the pack with your athleticism and great natural awe inspiring success, but it really upset those fatty good for nothing horses, and well,  we have to keep them happy after all and they've shown no inclination to partake in your regime of excellence.

thats how we do it Karmal.

How pitiful  Wink Wink


Ironically, the other side of that coin is far more parallel with how we do "fair" presently...

The Black Caviars of the world get fetted to excess. Meanwhile, the slower lot get less and less of the necessities of life so they will only ever be average, despite any and all effort they might put in.

The ol' horse analogy cuts both ways.


So, the more you try, the more you get...seems fair.
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Phemanderac
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Re: Is fairness a great driver of economic growth..
Reply #36 - Nov 10th, 2015 at 6:48am
 
aquascoot wrote on Nov 10th, 2015 at 6:41am:
i believe in affirmations.
as long as you affirm the truth


Trouble is, there is clearly no single truth...

So, who is the arbiter of truth?

Lots of people "work hard" and, the harsh reality is, most for not much return - yet you're not convinced that they're held back.

I am going to a funeral tomorrow for an old school friend who did nothing but work hard. Caring and providing for her children - she never gathered much in the way of wealth, but her kids are thriving young adults - she died far too young...

Gee and the real kicker now, her employers are looking for two people to employ now because she worked two jobs to make ends meet.

There is one of the side benefits of "hard work" that you seem ignorant to.

I truly hope one day that your waffle generator of inspirational quotes meets the real world one day, only not too harshly...
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On the 26th of January you are all invited to celebrate little white penal day...

"They're not rules as such, more like guidelines" Pirates of the Caribbean..
 
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aquascoot
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Re: Is fairness a great driver of economic growth..
Reply #37 - Nov 10th, 2015 at 7:31am
 
Phemanderac wrote on Nov 10th, 2015 at 6:48am:
aquascoot wrote on Nov 10th, 2015 at 6:41am:
i believe in affirmations.
as long as you affirm the truth


Trouble is, there is clearly no single truth...

So, who is the arbiter of truth?

Lots of people "work hard" and, the harsh reality is, most for not much return - yet you're not convinced that they're held back.

I am going to a funeral tomorrow for an old school friend who did nothing but work hard. Caring and providing for her children - she never gathered much in the way of wealth, but her kids are thriving young adults - she died far too young...

Gee and the real kicker now, her employers are looking for two people to employ now because she worked two jobs to make ends meet.

There is one of the side benefits of "hard work" that you seem ignorant to.

I truly hope one day that your waffle generator of inspirational quotes meets the real world one day, only not too harshly...


There are more ways to measure success than money.
i'd be willing to bet that she didnt complain very much and that she had a giving and contributing mentality.
So , when she affirms that she was successful , she is affirming the truth.

But what i dont see as true is this widespread belief amongst the poor that successful people dont want others to succeed. Excuse me , but this is frankly BS.
Most successful people want everyone to be successful.
Most black caviars dont run around all day kicking the asses of the slower horses.
But it is very disappointing when you are successful , and you genuinely try to help people get a leg up and they fail (again due to laziness usually) and then they rationalise it (as humans always do) and call the guy who tried to help them a prick.


Ask any successful person and i'll bet they have stories of family, friends, neighbours or randoms that they tried to help , who squandered the opportunity and turned it all around and bit the hand that fed them
again, this is just human nature at work.
It leads to successful people shutting down eventually and not really bothering.

if we look at someone like, say, a twiggy forrest , who really has put a lot of effort into helping aboriginals get a leg up, i'll bet that there are numerous cases of people who dropped out (through laziness) and then rationalised it as


twiggy is a prick
he used me
he wanted to keep me down
cry baby story.

result...a lose /lose.

i'll bet if twiggy got 1000 veitnamese boat arrivals and gave them high paying jobs and scholarships there would be a very different reaction.

people with entrenched success barriers are "lost".
you can see it in their eyes.
i could try to help many extreme lefties but , in the end, it would come to nought .
If i found someone like your friend who worked twice as hard i would reward her with lurks and perks   that were way above and beyond.
successful people love helping others be successful and have a great sense of social justice. I'll bet thats where twiggy is coming from too. from a higher place, from a place of contribution  Wink Wink

you are too cynical pharm
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Re: Is fairness a great driver of economic growth..
Reply #38 - Nov 10th, 2015 at 7:52am
 
mariacostel wrote on Nov 9th, 2015 at 3:49pm:
Satisfaction being more important than money is the province of people who have plenty of the latter. Try telling a low-paid worker with 4 kids what is most important - job satisfaction or money.

The point is that motivations for business etc are varying, but money ranks top in the vast majority.  And you don't think money is a motivation for productivity?  See what happens when you pay workers on the basis of output rather than time in the office! 

It seems very tasteless, but money is still the primary motivator behind employment, business and related activities.  When it stops being the prime motivator it is usually because they have sufficient.


Yes, you need enough to cover your costs and provide some level of comfort. I made that point earlier, but I'm talking about what motivates us to want to work.

Sure, you could get by with people working just for the money, but your productivity will suffer as a result. A low paid worker might need money more than job satisfaction, but they will work harder if they have satisfaction.

At no point have I said money isn't important, but equally ignoring other motivations or discounting them as insignificant is a mistake.
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Re: Is fairness a great driver of economic growth..
Reply #39 - Nov 10th, 2015 at 8:09am
 
Kytro wrote on Nov 10th, 2015 at 7:52am:
mariacostel wrote on Nov 9th, 2015 at 3:49pm:
Satisfaction being more important than money is the province of people who have plenty of the latter. Try telling a low-paid worker with 4 kids what is most important - job satisfaction or money.

The point is that motivations for business etc are varying, but money ranks top in the vast majority.  And you don't think money is a motivation for productivity?  See what happens when you pay workers on the basis of output rather than time in the office! 

It seems very tasteless, but money is still the primary motivator behind employment, business and related activities.  When it stops being the prime motivator it is usually because they have sufficient.


Yes, you need enough to cover your costs and provide some level of comfort. I made that point earlier, but I'm talking about what motivates us to want to work.

Sure, you could get by with people working just for the money, but your productivity will suffer as a result. A low paid worker might need money more than job satisfaction, but they will work harder if they have satisfaction.

At no point have I said money isn't important, but equally ignoring other motivations or discounting them as insignificant is a mistake.


The motivation to work IS manifold - although I am guess few on this forum have much motivation to work!  Money is the prime motivator until such time as we are secure and can let our other motivators take the lead. For some it is an absolute fascination with the job they do. My husband is an engineer. He LIVES to build, to design and to find new ways of doing old things. He could take early retirement now if he wanted to - but he doesn't want to. He loves his job and the ability to do it without needing the money motivates him even more. Some are motivated by compassion for others. Bill Gates works hard - for other people. Ironically, a man who has given away $35B has seen his wealth INCREASE during that time by slightly more. He literally cannot give it away fast enough!

In short, the motivations for work, for starting a business and doing the extra bits is often money primarily and for many there are other very powerful reasons as well. I could have retired 20 years ago - but didn't. I didn't want to. And now, I am exploring avenues of work to do part-time.

Thanks for a well-considered debate. It is a rarity on here.
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it_is_the_light
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Re: Is fairness a great driver of economic growth..
Reply #40 - Nov 10th, 2015 at 8:12am
 
mariacostel wrote on Nov 10th, 2015 at 8:09am:
Kytro wrote on Nov 10th, 2015 at 7:52am:
mariacostel wrote on Nov 9th, 2015 at 3:49pm:
Satisfaction being more important than money is the province of people who have plenty of the latter. Try telling a low-paid worker with 4 kids what is most important - job satisfaction or money.

The point is that motivations for business etc are varying, but money ranks top in the vast majority.  And you don't think money is a motivation for productivity?  See what happens when you pay workers on the basis of output rather than time in the office! 

It seems very tasteless, but money is still the primary motivator behind employment, business and related activities.  When it stops being the prime motivator it is usually because they have sufficient.


Yes, you need enough to cover your costs and provide some level of comfort. I made that point earlier, but I'm talking about what motivates us to want to work.

Sure, you could get by with people working just for the money, but your productivity will suffer as a result. A low paid worker might need money more than job satisfaction, but they will work harder if they have satisfaction.

At no point have I said money isn't important, but equally ignoring other motivations or discounting them as insignificant is a mistake.


The motivation to work IS manifold - although I am guess few on this forum have much motivation to work!  Money is the prime motivator until such time as we are secure and can let our other motivators take the lead. For some it is an absolute fascination with the job they do. My husband is an engineer. He LIVES to build, to design and to find new ways of doing old things. He could take early retirement now if he wanted to - but he doesn't want to. He loves his job and the ability to do it without needing the money motivates him even more. Some are motivated by compassion for others. Bill Gates works hard - for other people. Ironically, a man who has given away $35B has seen his wealth INCREASE during that time by slightly more. He literally cannot give it away fast enough!

In short, the motivations for work, for starting a business and doing the extra bits is often money primarily and for many there are other very powerful reasons as well. I could have retired 20 years ago - but didn't. I didn't want to. And now, I am exploring avenues of work to do part-time.

Thanks for a well-considered debate. It is a rarity on here.


bill gates hand outs are fully tax deductible

he literally ' can not give it away ' fast enough it good business

wake up china

namaste

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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
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mariacostel
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Re: Is fairness a great driver of economic growth..
Reply #41 - Nov 10th, 2015 at 8:24am
 
it_is_the_light wrote on Nov 10th, 2015 at 8:12am:
mariacostel wrote on Nov 10th, 2015 at 8:09am:
Kytro wrote on Nov 10th, 2015 at 7:52am:
mariacostel wrote on Nov 9th, 2015 at 3:49pm:
Satisfaction being more important than money is the province of people who have plenty of the latter. Try telling a low-paid worker with 4 kids what is most important - job satisfaction or money.

The point is that motivations for business etc are varying, but money ranks top in the vast majority.  And you don't think money is a motivation for productivity?  See what happens when you pay workers on the basis of output rather than time in the office! 

It seems very tasteless, but money is still the primary motivator behind employment, business and related activities.  When it stops being the prime motivator it is usually because they have sufficient.


Yes, you need enough to cover your costs and provide some level of comfort. I made that point earlier, but I'm talking about what motivates us to want to work.

Sure, you could get by with people working just for the money, but your productivity will suffer as a result. A low paid worker might need money more than job satisfaction, but they will work harder if they have satisfaction.

At no point have I said money isn't important, but equally ignoring other motivations or discounting them as insignificant is a mistake.


The motivation to work IS manifold - although I am guess few on this forum have much motivation to work!  Money is the prime motivator until such time as we are secure and can let our other motivators take the lead. For some it is an absolute fascination with the job they do. My husband is an engineer. He LIVES to build, to design and to find new ways of doing old things. He could take early retirement now if he wanted to - but he doesn't want to. He loves his job and the ability to do it without needing the money motivates him even more. Some are motivated by compassion for others. Bill Gates works hard - for other people. Ironically, a man who has given away $35B has seen his wealth INCREASE during that time by slightly more. He literally cannot give it away fast enough!

In short, the motivations for work, for starting a business and doing the extra bits is often money primarily and for many there are other very powerful reasons as well. I could have retired 20 years ago - but didn't. I didn't want to. And now, I am exploring avenues of work to do part-time.

Thanks for a well-considered debate. It is a rarity on here.


bill gates hand outs are fully tax deductible

he literally ' can not give it away ' fast enough it good business

wake up china

namaste




Only to a dope like you is giving away $35B for a $10B tax refund 'good business'.
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Re: Is fairness a great driver of economic growth..
Reply #42 - Nov 10th, 2015 at 8:33am
 
mariacostel wrote on Nov 10th, 2015 at 8:24am:
it_is_the_light wrote on Nov 10th, 2015 at 8:12am:
mariacostel wrote on Nov 10th, 2015 at 8:09am:
Kytro wrote on Nov 10th, 2015 at 7:52am:
mariacostel wrote on Nov 9th, 2015 at 3:49pm:
Satisfaction being more important than money is the province of people who have plenty of the latter. Try telling a low-paid worker with 4 kids what is most important - job satisfaction or money.

The point is that motivations for business etc are varying, but money ranks top in the vast majority.  And you don't think money is a motivation for productivity?  See what happens when you pay workers on the basis of output rather than time in the office! 

It seems very tasteless, but money is still the primary motivator behind employment, business and related activities.  When it stops being the prime motivator it is usually because they have sufficient.


Yes, you need enough to cover your costs and provide some level of comfort. I made that point earlier, but I'm talking about what motivates us to want to work.

Sure, you could get by with people working just for the money, but your productivity will suffer as a result. A low paid worker might need money more than job satisfaction, but they will work harder if they have satisfaction.

At no point have I said money isn't important, but equally ignoring other motivations or discounting them as insignificant is a mistake.


The motivation to work IS manifold - although I am guess few on this forum have much motivation to work!  Money is the prime motivator until such time as we are secure and can let our other motivators take the lead. For some it is an absolute fascination with the job they do. My husband is an engineer. He LIVES to build, to design and to find new ways of doing old things. He could take early retirement now if he wanted to - but he doesn't want to. He loves his job and the ability to do it without needing the money motivates him even more. Some are motivated by compassion for others. Bill Gates works hard - for other people. Ironically, a man who has given away $35B has seen his wealth INCREASE during that time by slightly more. He literally cannot give it away fast enough!

In short, the motivations for work, for starting a business and doing the extra bits is often money primarily and for many there are other very powerful reasons as well. I could have retired 20 years ago - but didn't. I didn't want to. And now, I am exploring avenues of work to do part-time.

Thanks for a well-considered debate. It is a rarity on here.


bill gates hand outs are fully tax deductible

he literally ' can not give it away ' fast enough it good business

wake up china

namaste




Only to a dope like you is giving away $35B for a $10B tax refund 'good business'.


lets have your link there thanks

you are a proven mere repeater so lets have your evidence

namaste
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Karnal
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Re: Is fairness a great driver of economic growth..
Reply #43 - Nov 10th, 2015 at 11:20am
 
aquascoot wrote on Nov 10th, 2015 at 5:49am:
Karnal wrote on Nov 9th, 2015 at 8:08pm:
All free enterprise theories argue that trade brings fairness, Aquascoot. There is no ideological division between the objectives of economic theorists, from neo-liberal free-traders to Keynesian or even communist economic policies - ALL have fairness as an economic objective.

There is not one economic school of thought that advocates a divide between rich and poor. ALL economic thinkers, from Adam Smith to Karl Marx, have equality as an end, or a foundational principle, of their ideas.

This, essentially, is what the field of political-economy is all about: lifting everybody out of poverty and generating prosperity for all in equal measures.

This is what modern politics is all about - in theory, if not in practice.



The theory that politics can create a society where we are all equal is an interesting theory.


While some political theories push for this, it's not the point. The point is reducing inequality.

And it's not me saying this, it's the G20, the IMF, the World Bank, and a host of institutions and global forums. The growing divide between rich and poor is a major issue globally right now, second perhaps to climate change.

The two issues, however, are interrelated. The rich and the poor produce more carbon emissions than those in between. Countries with large urban middle classes produce less CO2 than ones that don't.

Poor rural people clear rainforests and burn firewood. The rich have multiple homes and use more energy.

The middle-classes live in high density dwellings and have less kids. Cities are far more sustainable than either rural poverty or the lifestyles of the rich and famous. Energy and transport is more concentrated and efficient. Societies that cultivate their middle class produce far less CO2 emissions than ones that don't.

Reducing social inequality is not only good for economies, it's good for the environment.
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He Man
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Re: Is fairness a great driver of economic growth..
Reply #44 - Nov 10th, 2015 at 11:53am
 
Less kids less emissions and you can only live in one house at a time so that's the same emissions as one house.
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