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Greed is good is yesterday's mantra (Read 4338 times)
Karnal
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Re: Greed is good is yesterday's mantra
Reply #15 - Aug 13th, 2016 at 11:12pm
 
Postmodern Trendoid III wrote on Aug 13th, 2016 at 10:55pm:
Critique of capitalism  - number 5 million. Solution to capitalism - zero.


How do you feel about capitalism's impact on culture, Mistie? In your case, you left the West to live and work in a Muslim country. You moved there for economic reasons.

I'm curious because your posts are highly critical of Muslims and Islam, but you live in a Muslim country. You regularly support bans on Muslim immigration to the West, but in your case, you chose to move in with the Muslims.

Now you did this for economic reasons in a reasonably unrestricted labour market. You like impermeable borders, but you're free to live and work in Turkey. You champion Western culture, but you live and work with Johnny Turk. Capitalism - the free trade of ideas, goods and services - has allowed you to do this, just as it allows the Muselman to join us. This allows for the transmigration of cultures - the very thing you're against.

How do you square these things within your own life?
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Sprintcyclist
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Re: Greed is good is yesterday's mantra
Reply #16 - Aug 13th, 2016 at 11:44pm
 

Greed is natural and beautiful.
It has rarely been allowed to flourish.

The idea of a 'democracy' cripples greed.
After democracy comes the slow strangulation of the left.

now we are comatose with PC
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Modern Classic Right Wing
 
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Karnal
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Re: Greed is good is yesterday's mantra
Reply #17 - Aug 14th, 2016 at 2:03am
 
Sprintcyclist wrote on Aug 13th, 2016 at 11:44pm:
Greed is natural and beautiful.


Which part of the Bible are you quoting, Sprint?
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freediver
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Re: Greed is good is yesterday's mantra
Reply #18 - Aug 14th, 2016 at 9:35am
 
Are you a socialist Karnal?

Do you think we should do away with national borders?
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Ajax
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Re: Greed is good is yesterday's mantra
Reply #19 - Aug 14th, 2016 at 9:52am
 
Milton Friedman's neoliberalism (our current economic system) and Karl Marx's communism are two sides of the same coin.

We need a new coin...!

neoliberalism = oligarchies paradise

neoliberalism = pleb's hell

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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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hawil
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Re: Greed is good is yesterday's mantra
Reply #20 - Aug 14th, 2016 at 11:33am
 
freediver wrote on Aug 14th, 2016 at 9:35am:
Are you a socialist Karnal?

Do you think we should do away with national borders?


To do away with borders would be a good thing; as far a Socialism is concerned; the human race hasn't enough brain for it to function.
Socialism will not work, because the lower end of the plebs thinks, that everything comes from nothing and they don't have to do anything and have a good life; Capitalism cannot work for ever, because all wealth is concentrated in very few hands, and eventually will collapse.
Very few people will have a job; even highly qualified people will not have the security of a job.
How can it be justified that a recent CEO of an Australian bank is paid $88 million bonus after leaving the bank?
In the USA,some CEO's get paid hundreds of millions.
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Gnads
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Re: Greed is good is yesterday's mantra
Reply #21 - Aug 14th, 2016 at 11:45am
 
Ajax wrote on Aug 14th, 2016 at 9:52am:
Milton Friedman's neoliberalism (our current economic system) and Karl Marx's communism are two sides of the same coin.

We need a new coin...!

neoliberalism = oligarchies paradise

neoliberalism = pleb's hell



Smiley
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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Gnads
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Re: Greed is good is yesterday's mantra
Reply #22 - Aug 14th, 2016 at 11:45am
 
hawil wrote on Aug 14th, 2016 at 11:33am:
freediver wrote on Aug 14th, 2016 at 9:35am:
Are you a socialist Karnal?

Do you think we should do away with national borders?


To do away with borders would be a good thing; as far a Socialism is concerned; the human race hasn't enough brain for it to function.
Socialism will not work, because the lower end of the plebs thinks, that everything comes from nothing and they don't have to do anything and have a good life; Capitalism cannot work for ever, because all wealth is concentrated in very few hands, and eventually will collapse.
Very few people will have a job; even highly qualified people will not have the security of a job.
How can it be justified that a recent CEO of an Australian bank is paid $88 million bonus after leaving the bank?
In the USA,some CEO's get paid hundreds of millions.


Smiley Smiley
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"When you are dead, you do not know you are dead. It's only painful and difficult for others. The same applies when you are stupid." ~ Ricky Gervais
 
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Dnarever
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Re: Greed is good is yesterday's mantra
Reply #23 - Aug 14th, 2016 at 11:59am
 
Karnal wrote on Aug 13th, 2016 at 11:03pm:
John Smith wrote on Aug 13th, 2016 at 10:52pm:
Karnal wrote on Aug 13th, 2016 at 10:46pm:
Why should one bank should be run by the government?


it keeps the others honest. As it stands, the Reserve bank is a toothless tiger. Govt. needs some control over the economy and at the moment, it has none.



How would one bank keep others honest? Banks are judged on one thing: their profits.


When the commonwealth bank was in public hands it set interest rates. Other banks either competed at that price mark or lost customers.

i.e they followed the government bank owned set rate or there were no profits.

Selling the commonwealth bank has led to greed, high prices, profiteering and driven a lack of integrity in the banking system.

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Ajax
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Re: Greed is good is yesterday's mantra
Reply #24 - Aug 14th, 2016 at 12:02pm
 
Dnarever wrote on Aug 14th, 2016 at 11:59am:
Karnal wrote on Aug 13th, 2016 at 11:03pm:
John Smith wrote on Aug 13th, 2016 at 10:52pm:
Karnal wrote on Aug 13th, 2016 at 10:46pm:
Why should one bank should be run by the government?


it keeps the others honest. As it stands, the Reserve bank is a toothless tiger. Govt. needs some control over the economy and at the moment, it has none.



How would one bank keep others honest? Banks are judged on one thing: their profits.


When the commonwealth bank was in public hands it set interest rates. Other banks either competed at that price mark or lost customers.

i.e they followed the government bank owned set rate or there were no profits.

Selling the commonwealth bank has led to greed, high prices, profiteering and driven a lack of integrity in the banking system.



well said........... Cool
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1. There has never been a more serious assault on our standard of living than Anthropogenic Global Warming..Ajax
2. "One hour of freedom is worth more than 40 years of slavery &  prison" Regas Feraeos
 
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Karnal
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Re: Greed is good is yesterday's mantra
Reply #25 - Aug 14th, 2016 at 1:40pm
 
freediver wrote on Aug 14th, 2016 at 9:35am:
Are you a socialist Karnal?

Do you think we should do away with national borders?


Thanks for contributing to the discussion, FD.

Remember, there are no small parts, .only small actors.
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Karnal
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Re: Greed is good is yesterday's mantra
Reply #26 - Aug 14th, 2016 at 1:55pm
 
Dnarever wrote on Aug 14th, 2016 at 11:59am:
Karnal wrote on Aug 13th, 2016 at 11:03pm:
John Smith wrote on Aug 13th, 2016 at 10:52pm:
Karnal wrote on Aug 13th, 2016 at 10:46pm:
Why should one bank should be run by the government?


it keeps the others honest. As it stands, the Reserve bank is a toothless tiger. Govt. needs some control over the economy and at the moment, it has none.



How would one bank keep others honest? Banks are judged on one thing: their profits.


When the commonwealth bank was in public hands it set interest rates. Other banks either competed at that price mark or lost customers.

i.e they followed the government bank owned set rate or there were no profits.

Selling the commonwealth bank has led to greed, high prices, profiteering and driven a lack of integrity in the banking system.



The RBA was tasked with setting interest rates after WWII, DNA. Treasury (and the PM, and the Country Party) told the RBA where to set rates.

The Commonwealth Bank was privatized in.the 1980s. The task of setting interest rates was removed from government and handed directly to the board of the RBA.

The Commonwealth Bank, while it makes good money boxes to get kids to save, hasn’t had the role you mentioned since the RBA was created.

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aquascoot
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Re: Greed is good is yesterday's mantra
Reply #27 - Aug 14th, 2016 at 2:42pm
 
a few impressions.
1. the world is a very paradoxical place, the Buddha and Jesus certainly were amongst the first enlightened people to realise this.
2.  most successful people may be initially motivated by money but eventually become motivated by the journey.
Most successful people eventually become motivated by a sense of contribution, and by the improvement the journey gives them (higher consciousness and inner self development). Most are quite humble and very grounded.
3. We are moving into an era where you will have to harness your creativity to be successful.
4. everyone is either getting a little better each day or a little worse each day.
The default is that you go down a bit each day.

5.  Currently , the cream are becoming better and better and their success and improvement works like a positive feedback loop. our best people are in an upward spiral.
Thanks largely to social media and the death of any sort of religious contemplation, the majority of people are now, not in an upward spiral but are going down.
People are hooked on low consciousness, social pinging and validation hunting often on the internet but also thru low quality reality tv.
combine this with bad food , little exercise and little interaction with nature and you have the Durrr state or as the best seller on the internet say "the shallows".
Much of the low quality reactive posting on ozpolitics is a case in point. it is durr state social pinging.
6. People no longer read. I think because they dont believe value can be obtained in a $15 soft cover book.
some really smart people who have been really successful , have sat down, with editors and , with a sense of contribution presented their very best ideas.
These are shunned because people in low mindfulness and eating bad food,do not have the mental willpower to "read".
7.  meditation and mindfulness will become crucial weapons in propelling people forward.
8.People need to come to the realisation that "no-one owes you sh*t". nothing holds people back more then self pity and a victim mindset which are really low consciousness ways for the ego to feed and grow out of negative thoughts. (thinking negative is bad and pumps egos, this is where gratitude meditation is so useful.
9. Governments cannot and will not solve any of these problems. Governments and the public service are part of "group think " and "social conditioning". they are part of and contribute to the Durr state and lack of mindfulness that is dragging everyone down.
The social narrative of governments is not one of people having to work very deliberately and with will power to bust thru barriers and climb the very narrow road to success. The position of anyone who relies on group think to solve their problems is a position of laziness and a desire to reduce the time and effort needed for mastery. Governments offer to solve problems and remove obstacles. Real growth can only be obtained by manning up and tackling problems yourself and busting thru obstacles.A man is only as big as his problems. If you want to be a better man, you need to get better and bigger problems. This is the exact opposite of what government offers up as salvation. As such, big government is toxic to personal growth as has been witnessed time and time again
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John Smith
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Re: Greed is good is yesterday's mantra
Reply #28 - Aug 14th, 2016 at 2:56pm
 
Postmodern Trendoid III wrote on Aug 13th, 2016 at 10:59pm:
John Smith wrote on Aug 13th, 2016 at 10:56pm:
Postmodern Trendoid III wrote on Aug 13th, 2016 at 10:55pm:
Solution to capitalism - zero.



BALANCE



ok. Give me half your savings and assets.


i said balance you fool. If you have no idea, don't comment.
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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John Smith
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Re: Greed is good is yesterday's mantra
Reply #29 - Aug 14th, 2016 at 2:57pm
 
Karnal wrote on Aug 13th, 2016 at 11:03pm:
John Smith wrote on Aug 13th, 2016 at 10:52pm:
Karnal wrote on Aug 13th, 2016 at 10:46pm:
Why should one bank should be run by the government?


it keeps the others honest. As it stands, the Reserve bank is a toothless tiger. Govt. needs some control over the economy and at the moment, it has none.



How would one bank keep others honest? Banks are judged on one thing: their profits.


if the RBA moved interest rates and a govt bank (call it commonwealth Mrk II) moved interest rates in line with the RB, how long do you think before the others follow?
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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