Frank wrote on Dec 19
th, 2022 at 10:04am:
thegreatdivide wrote on Dec 18
th, 2022 at 11:31pm:
Frank wrote on Dec 17
th, 2022 at 9:42am:
Few skills are so well rewarded as the ability to convince parasites that they are victims.
Thomas Sowell
Sowell in full blown, frankly evil mode.
Design an economy in which inflation is controlled by unemployment, eg, central bankers raise interest rates
to deliberately increase unemployment to bring down inflation...and then accuse the unemployed of being parasites.
Sheer evil.
“People who pride themselves on their "complexity" and deride others for being "simplistic" should realize that the truth is often not very complicated. What gets complex is evading the truth.”
The truth is the state should guarantee above poverty employment for everyone, since the free market economy rewards the most competitive but leaves the least competitive to merely survive in poverty on the dole.
Simplicity itself. The complexity is the evil NAIRU dogma of neoliberal economics.
Quote:“I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.”
Indeed, but if the state is forced to take your money (through taxes) to educate you, then it might be smart to look at why the state is forced to do this, when the state can create its own currency.
Quote:“The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”
That 'first lesson ' is obsolete, now that robots and IT are heavily involved in every field of production.
There is no scarcity in the modern global economy, only the evil convention reserving the privilege of money creation to profit-seeking private sector financiers.
Quote:"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it.”
Sowell mimicking Thatcher?
Certainly, both are not "intellectuals" ...
Quote:“When people get used to preferential treatment, equal treatment seems like discrimination.”
Being forced to subsist on the dole isn't "preferential treatment". See how evil simpletons like Thatcher and Sowell are?
And yet there is......especially in food production.
We don't eat production line material goods.
Mother Nature has the final say in our food production.
Right now in Australia because of the widespread flooding in the Murray/Darling system there are shortages in crops.
You cannot even buy good old Dim Sims because there is a huge cabbage shortage due to flooding.