Results 1 to 30 of 215

Thread: Wealth distribution

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    has a Senior Member HoreTore's Avatar
    Join Date
    Jan 2005
    Location
    Norway
    Posts
    12,014

    Default Re: Wealth distribution

    Quote Originally Posted by Fragony View Post
    Nothing. But a good look at the mirror should be a good place to position yourselve. If you buy the stuff you should be able to get a good look at it no? Scumbags aren't getting rich on my account, so there's your answer.
    I have no idea what the relevance or meaning of this is supposed to be.
    Still maintain that crying on the pitch should warrant a 3 match ban

  2. #2
    master of the pwniverse Member Fragony's Avatar
    Join Date
    Apr 2003
    Location
    The EUSSR
    Posts
    30,680

    Default Re: Wealth distribution

    Quote Originally Posted by HoreTore View Post
    I have no idea what the relevance or meaning of this is supposed to be.
    Good, if I make any sense I am doing being mysterious all wrong.

  3. #3
    Ranting madman of the .org Senior Member Fly Shoot Champion, Helicopter Champion, Pedestrian Killer Champion, Sharpshooter Champion, NFS Underground Champion Rhyfelwyr's Avatar
    Join Date
    Oct 2006
    Location
    In a hopeless place with no future
    Posts
    8,646

    Default Re: Wealth distribution

    I don't think that material inequality is nearly as important an issue as the social consequences of the current economic system are.

    Rampant drug abuse, mental illness, family breakdown, community breakdown, moral breakdown - all these are not consequences of poverty, but rather a specific set of social conditions that have been created by the industrial and post-industrial world. The reduction of a person to a drone if they are lucky, idleness if they are not. The instability of irregular work. The many issues caused by unnatural work and unnatural hours. The indignity of never realising self-sufficiency, of being reduced to a burden for family or the state. The divorcement of wealth from labour. The inability to live a basic, fulfilling life with a family and your own home. To lose your life to the machine, to invisible faces and abstract forces. This is what I am surrounded by every day, increasingly I am coming to realise that this will be my life. When I see people who have been ruined like this, it makes me angry at the world. Those that suffer the most are demonised, only a tiny portion of the problem are scapegoated (see for example the moral outrage of the upper middle classes at bankers). Honesty life these days doesn't even feel real, it's like a bad dream.
    At the end of the day politics is just trash compared to the Gospel.

    Member thankful for this post:



  4. #4

    Default Re: Wealth distribution

    Wealth distribution is just a symptom of modern productivity demands in industry that negate physical labor. The wealthy are getting wealthier now, but the constant growth demanded by the capital investment driving that wealth accumulation is unsustainable without growing real income levels and employment. Capitalism in its current form will have to be replaced, either by a much more enlightened or much more despotic economic model.
    Last edited by PanzerJaeger; 01-22-2014 at 05:56.

    Members thankful for this post (4):



  5. #5
    Nobody expects the Senior Member Lemur's Avatar
    Join Date
    Jan 2004
    Location
    Wisconsin Death Trip
    Posts
    15,754

    Default Re: Wealth distribution

    Quote Originally Posted by PanzerJaeger View Post
    Capitalism in its current form will have to be replaced, either by a much more enlightened or much more despotic economic model.
    The key phrase being "in its current form."

    Well-regulated markets are still the best vehicle for a whole host of goods and services. I imagine there will someday be a more efficient, more humane, less-prone-to-panics-and-bubbles system. No idea what it will be, but it will probably come from one of the bastard offspring of Google.

  6. #6

    Default Re: Wealth distribution

    Quote Originally Posted by Lemur View Post
    The key phrase being "in its current form."

    Well-regulated markets are still the best vehicle for a whole host of goods and services. I imagine there will someday be a more efficient, more humane, less-prone-to-panics-and-bubbles system. No idea what it will be, but it will probably come from one of the bastard offspring of Google.
    I just don't know where the jobs will come from to keep the market viable. We can't all be software engineers and managers, not that those jobs are any more insulated from automation than any others. We are moving toward a future where most people will not work, at least in the way we think about work today. It's already well underway - corporate profits and thus stocks have skyrocketed since the depths of the recession while the labor force has steadily shrunk and a record 20% of households are on food stamps. The primary driver behind those profits has not been organic growth, but instead easy money and cost cutting - much of it the result of reduced payroll through automation. As stated earlier, this can be liberating or enslaving, depending on how we react and choose to structure our society going forward.
    Last edited by PanzerJaeger; 01-22-2014 at 07:03.

    Member thankful for this post:



  7. #7

    Default Re: Wealth distribution

    Quote Originally Posted by PanzerJaeger View Post
    I just don't know where the jobs will come from to keep the market viable. We can't all be software engineers and managers, not that those jobs are any more insulated from automation than any others. We are moving toward a future where most people will not work, at least in the way we think about work today. It's already well underway - corporate profits and thus stocks have skyrocketed since the depths of the recession while the labor force has steadily shrunk and a record 20% of households are on food stamps. The primary driver behind those profits has not been organic growth, but instead easy money and cost cutting - much of it the result of reduced payroll through automation. As stated earlier, this can be liberating or enslaving, depending on how we react and choose to structure our society going forward.
    My concern with the idea that there are no more jobs out there is that it may just be too soon to tell if that is the case. The decline of manufacturing in the Western world has taken place within the span of 30-40 years. If you could predict where the jobs would be coming from PJ, lets be honest, you wouldn't be chilling here at the org, you would be making the big bucks and becoming the next Bill Gates.

    I am particularly interested in the growth of new forms of entertainment, especially the increasing influence of "YouTube personalities" and channels as well as the growth of eSports such as League of Legends. I doubt the latter will become anything comparing to physical sports given how unprofessional the market is, but you never know how things will develop over 10 years.


Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Single Sign On provided by vBSSO