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reds under the bed (Read 7589 times)
freediver
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Re: reds under the bed
Reply #60 - Jan 9th, 2016 at 11:35am
 
Dnarever wrote on Jan 9th, 2016 at 11:15am:
freediver wrote on Jan 7th, 2016 at 1:48pm:
You have been attacking capitalism and liberal democracy as being propped up by exploitation for a few years now. At first I thought it was just you feeling compelled to criticise anything not inspired by Islam, but the socialism thing explains it a bit better.

You claim to be a socialist, but leave yourself a broad spectrum of positions between the status quo and true socialism, while criticising me for being both too specific and too vague. I would expect someone to put slightly more thought into it before proclaiming themselves a socialist.


capitalism and liberal democracy are being propped up by exploitation

I don't think I have seen this problem put so well before but it is certainly a fact that the western manner of implementing or allowing capitalism is highly dependant on also allowing exploitation.


So our economy would collapse without the basket weavers in Bali? Or is it the burger flippers at maccas not getting paid enough?
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Karnal
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Re: reds under the bed
Reply #61 - Jan 9th, 2016 at 4:11pm
 
freediver wrote on Jan 9th, 2016 at 11:35am:
Dnarever wrote on Jan 9th, 2016 at 11:15am:
freediver wrote on Jan 7th, 2016 at 1:48pm:
You have been attacking capitalism and liberal democracy as being propped up by exploitation for a few years now. At first I thought it was just you feeling compelled to criticise anything not inspired by Islam, but the socialism thing explains it a bit better.

You claim to be a socialist, but leave yourself a broad spectrum of positions between the status quo and true socialism, while criticising me for being both too specific and too vague. I would expect someone to put slightly more thought into it before proclaiming themselves a socialist.


capitalism and liberal democracy are being propped up by exploitation

I don't think I have seen this problem put so well before but it is certainly a fact that the western manner of implementing or allowing capitalism is highly dependant on also allowing exploitation.


So our economy would collapse without the basket weavers in Bali? Or is it the burger flippers at maccas not getting paid enough?


Of course. Our economy depends on cheap foreign labour. The shelves of Ebay, David Jones and the two dollar shops would be empty without it.

China pays an average of less than eight dollars a day. India pays less. In the Philippines, it’s a little over two dollars - the minimum wage. And there is no minimum wage in Bangladesh, where our clothes are made. Workers there make as little as a dollar a day, for up to twelve hour shifts.

How much do you make, FD?
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freediver
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Re: reds under the bed
Reply #62 - Jan 9th, 2016 at 5:39pm
 
I loose count Karnal. Rest assured, it is quite a lot.

Would our economy collapse without the two dollar shops? How bad do you think it would be if we all had to buy locally made fords, or Japanese cars, instead of the Great Wall ones?

It seems to me like they depend on us more than the other way round.
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Re: reds under the bed
Reply #63 - Jan 9th, 2016 at 6:17pm
 
freediver wrote on Jan 9th, 2016 at 5:39pm:
I loose count Karnal. Rest assured, it is quite a lot.

Would our economy collapse without the two dollar shops? How bad do you think it would be if we all had to buy locally made fords, or Japanese cars, instead of the Great Wall ones?

It seems to me like they depend on us more than the other way round.


The global economy is interdependent, FD. Labour requires capital, capital requires labour. Australians have one of the highest household debt levels in the world. Our terms of trade are slipping - badly.

If China stopped buying our resources and lending us money, we’d be sunk. And if we needed to produce our own cars, fridges and Ipads, we wouldn’t have the capital to re-establish manufacturing. Australia is a service economy. The developing world produces the goods. This is how the world works.

And if you don’t mind me saying, a jolly old world it is too. Better them on a dollar a day than us, no?

Ban them.
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Re: reds under the bed
Reply #64 - Jan 9th, 2016 at 6:36pm
 
Quote:
The global economy is interdependent, FD.


So, not parasitic, with the rich white people milking the poor third world slave labour?

Quote:
If China stopped buying our resources and lending us money, we’d be sunk.


How sunk? Would we have to buy a Hyundai instead of a Merc?
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Re: reds under the bed
Reply #65 - Jan 9th, 2016 at 7:29pm
 
freediver wrote on Jan 9th, 2016 at 6:36pm:
Quote:
The global economy is interdependent, FD.


So, not parasitic, with the rich white people milking the poor third world slave labour?

Quote:
If China stopped buying our resources and lending us money, we’d be sunk.


How sunk? Would we have to buy a Hyundai instead of a Merc?


You’d be lucky to afford a Hyundai made in Australia without subsidies, FD. You certainly couldn’t do it on a dollar a day.

In most of the world, a car is a luxury item. People in the developing world ride motor scooters or catch the bus.

The tinted races prefer it that way, just as they’re happy to work for a dollar. They’re simple little people, you know.

Keep an eye on them though. Better to be safe than sorry, I say.
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« Last Edit: Jan 9th, 2016 at 7:35pm by Karnal »  
 
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Re: reds under the bed
Reply #66 - Jan 9th, 2016 at 8:05pm
 
So if China stopped buying our resources, we wouldn't even be able to afford a Hyundai? What was life like before China became such a big consumer?

If the government refrained from taking my money off me and putting it towards a car on my behalf, wouldn't I just pay the full cost directly? With a bit left over on account of the reduced bureaucracy and wastage?
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the good ole boys
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Re: reds under the bed
Reply #67 - Jan 9th, 2016 at 9:38pm
 
Karnal,  does unsustainable population growth have ANY influence on the relative poverty of the tinted races or is it all the fault of their (your) colonial overlords?
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Re: reds under the bed
Reply #68 - Jan 9th, 2016 at 9:43pm
 
Questions questions. What if we were all nice to each other and shared the spoils?

You and I both know that’ll never happen, FD.. It’s a fact as sure as the dearth of Australian manufacturing and the rise of Charlie Chan. The reality is we export raw materials to China, and they turn it into stuff most of them can’t afford - but we can.

How many Chinese own cars?

You can speculate about what if we did it this or that way. But we don’t. Yes, it would be really nice if we made our own stuff.

But we don’t. We buy it from others who earn a fraction of what we do. A foreign company comes in, digs up soil, and ships it off to the Chinks, who turn it into things we like to buy. This is the business model, and it doesn’t look like changing anytime soon.

But allow me to ask my own question, FD. Do you think this is fair?

And another - how long can an unfair system continue before people have enough?

There are twenty five million Aussies, and over a billion Chinky Chonks.

Forget fairness. How long can the current system last?
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Karnal
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Re: reds under the bed
Reply #69 - Jan 9th, 2016 at 10:19pm
 
the good ole boys wrote on Jan 9th, 2016 at 9:38pm:
Karnal,  does unsustainable population growth have ANY influence on the relative poverty of the tinted races or is it all the fault of their (your) colonial overlords?


A very interesting question, Homo. I believe the aged pension was introduced in Australia early last century. We kept sending our boys off to foreign wars and they kept getting killed, so we thought we’d do something nice for the ones who survived. You know, health care, higher education, and all the spoils of the welfare state.

The tinted races do things a little differently. They have lots of kids who grow up to make some money, and that money helps mum and dad when they’re old.

This is the way developing economies work. A developing economy requires population growth, so people make more people. These people keep the machine chugging along. The machine grows. This is essentially the formula for economic growth - attract capital, add population and wait.

But when people get to a certain economic level, dare I say middle class, they stop producing population. Middle class people live in cities and value education. Their households are different. Even their apartments don’t have space for poor old mum and dad. One or two kids - at best. And a fortune in tuition.

The economy creates population, not the other way around. Our bodies are shaped to fit within economic roles. Reproduction - can I say sexuality? - reflects this.

This is why we import the tinted races, Homo. We don’t produce enough whites, you see. Once, we did - too many. They all got sent down here, to Australia. The industrial revolution that followed was a result of surplus population.Back then, machines required lots of people. Today, machines don’t need so many people, but economies do. Economies need people with money to buy things.

This is the stage of development China’s at. It now plans to shift to domestic, not foreign, demand. We’ll watch as China shapes its own version of a welfare state, and just as we did, experiences a drop in population.

FD predicted all this, he just got the timing wrong. He thinks China’s population dropped as a result of the one-child policy.

Alas, China’s population continued to grow for a bit. It is now starting to age. China has just relaxed its one-child policy. Population is predicted to stabilise by about 2025.

And who knows? Some time this century, immigration will probably be the other way around.
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Re: reds under the bed
Reply #70 - Jan 10th, 2016 at 12:58am
 
Thanks for;
a) giving me a definition of populate or perish (which I already knew) and
b) not answering the question.
At any rate I don't agree with your reasoning behind importing the tinteds. I believe the insane approach to immigration of the last 50 years is the Marxist idea of preventing even the slightest suggestion of nationalism. Divide and conquer demands you keep the population at each other's throats. No better way to keep your people in a constant state of conflict than by importing Muslims and Islanders.
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« Last Edit: Jan 10th, 2016 at 9:53am by the good ole boys »  
 
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Re: reds under the bed
Reply #71 - Jan 10th, 2016 at 8:43am
 
Quote:
Questions questions. What if we were all nice to each other and shared the spoils?


We'd be dirt poor communists?

Quote:
You and I both know that’ll never happen, FD.


I hope not.

Quote:
Yes, it would be really nice if we made our own stuff.


You don't like giving the poor chinese people a job?

Quote:
But allow me to ask my own question, FD. Do you think this is fair?


I think it is great. Everyone benefits. Fairness seems kind of arbitrary to me, like the sort of thing a communist would try to impose. Does fair mean everyone is on the same wage, or everyone's wage matches their contribution? Or their effort?

Quote:
And another - how long can an unfair system continue before people have enough?


This is a good example.

Quote:
Forget fairness. How long can the current system last?


It will last forever. What will change is the relative wealth. You confuse the the product of the system with the system itself.

Quote:
The tinted races do things a little differently. They have lots of kids who grow up to make some money, and that money helps mum and dad when they’re old.
This is the way developing economies work.


Except China of course.

Quote:
A developing economy requires population growth


Why? To grow the population?

Quote:
This is essentially the formula for economic growth - attract capital, add population and wait.


That is the strawman madel invented by deluded hippies.

Quote:
This is why we import the tinted races, Homo. We don’t produce enough whites, you see. Once, we did - too many. They all got sent down here, to Australia. The industrial revolution that followed was a result of surplus population.


The industrial revolution came after they sent people to Australia?

Most sensible economic historians credit reductions in the population.
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Re: reds under the bed
Reply #72 - Jan 11th, 2016 at 2:05am
 
Thanks for the reply, Homo.

FD, what do you think of Homo’s analysis above? Do you concur?

I’m really curious.
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freediver
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Re: reds under the bed
Reply #73 - Jan 17th, 2016 at 2:08pm
 
I don;t keep up with your nicknames Karnal.

Karnal wrote on Jan 17th, 2016 at 12:19pm:
freediver wrote on Jan 17th, 2016 at 9:03am:
I think it is great that KMart and Target are supporting these desperate Bangladeshis.


They’re supporting sustainability, FD. The more of these tinted races we kill off through fires and exhaustion, the better off we’ll be.

Survival of the fittest, innit.


Are you a communist?
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Re: reds under the bed
Reply #74 - Jan 17th, 2016 at 6:20pm
 
An interesting article in The Guardian, which describes the Chinese Markets as a Ponzi Scheme.

I'm not sure if I agree with the blueprint for a brave new world, but I can see how the Chinese Economy will probably collapse like a house made of cars.

http://www.theguardian.com/commentisfree/2016/jan/17/china-economic-crisis-world...

Quote:
The country that has taken this further than any other is China. The Chinese economy is a giant Ponzi scheme. Tens of trillions of dollars are owed to essentially bankrupt banks – and worse, bankrupt near-banks that operate in the murky shadowlands of a deeply dysfunctional mix of Leninism and rapacious capitalism. The Chinese Communist party has bought itself temporary legitimacy by its shameless willingness to direct state-owned banks to lend to consumers and businesses with little attention to their creditworthiness. Thus it has lifted growth and created millions of jobs.

It is an edifice waiting to implode. Chinese business habitually bribes Communist officials to put pressure on their bankers to forgive loans or commute interest; most loans only receive interest payments haphazardly or not at all. If the losses were crystallised, the banking system would be bust overnight. On top, huge loans have been made to China’s vast oil, gas and chemical industries on the basis of oil being above $60 a barrel, so more losses are in prospect.
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