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comment by deepflows
deepflows  ·  3203 days ago  ·  link  ·    ·  parent  ·  post: Post-Capitalism Has Begun

Are you going to be the only one who likes to go fishing on a boat? Are you going to be using that boat all the time? Do you need to own the boat in order to enjoy fishing from it?

Should we, as we are facing the rise of extreme poverty and people starving all over the world, really worry about people's "need" to fly around in sea planes? Can't we worry about sea planes once we've sorted the eating thing? And could we then maybe think about it in terms of how we're going to realize sea planes for those who want them without screwing over both humans and nature?

Markets can't only exist as institutions framed by capitalist interests. A healthy market in a world I would like to live in exists to allocate ressources where they're needed. Needed, not wanted by the masters of "playing the system for generations".





b_b  ·  3203 days ago  ·  link  ·  

The extreme poverty rise in the US is a policy problem, not an economics problem. World wide extreme poverty has been plummeting over the last two decades, mainly as a result of more liberal trade policies in Asia.

deepflows  ·  3203 days ago  ·  link  ·  

    The extreme poverty rise in the US is a policy problem, not an economics problem.
[citation needed]

    World wide extreme poverty has been plummeting over the last two decades, mainly as a result of more liberal trade policies in Asia.

I wouldn't call China's sweat shops, devastated environments and mass-suicides at chip factories a glowing example of economic development going right. But maybe that's just me.

I don't believe that "raising all the boats" works. The water level has been rising so long. Somehow, it's still a few people in really fancy boats and a whole lot of people swimming for their lifes or simply drowning.

b_b  ·  3203 days ago  ·  link  ·  

Why would I need a citation? GDP has grown a lot, and yet there are more extremely poor people in the US. It is self-evident that were policy the same or similar now to the time before welfare "reform", that the proportion of people in extreme poverty would be similar. That's the thrust of your link, to boot. That's a policy problem if I've ever seen one.

China has a lot of problems, for sure. But what's the alternative? Even Nick Kristof has acknowledged that sweat shops represent a step in the right direction when your only other means of survival is garbage picking. Growth pangs of a modern economy hurt. I don't envy anyone who has to work in those conditions, but I'm sure they do it because they feel like it will provide a better life for their families.

I hope that going forward that labor standards and environmental protection become much more serious issues in Asia. I would love to see a day when goods cost the real cost, and not the highly externalized price that Walmart sells us shit for. But that's still a policy issue. Real economic development is a good thing for poor people. One doesn't have to be an adherent of trickle down economics to believe that.

wasoxygen  ·  3203 days ago  ·  link  ·  

    Why would I need a citation?
Uh, so we don't have to take your word for it? So we can examine the evidence?

    there are more extremely poor people in the US
There are more people in the United States.

Table 13. Number Below Poverty Level and Rate (XLS)

  Year - Number of poor families - Poverty rate for families
  2013 - 9,130,000 - 11.2
  2003 - 7,607,000 - 10
  1993 - 8,393,000 - 12.3
  1983 - 7,647,000 - 12.3
  1973 - 4,828,000 - 8.8
  1963 - 7,554,000 - 15.9
b_b  ·  3203 days ago  ·  link  ·  

No. Extreme poverty rate. Which is noted in deepflows' link. The citation is already there.

wasoxygen  ·  3203 days ago  ·  link  ·  

I see, thanks. Serves me right for skimming.

deepflows  ·  3203 days ago  ·  link  ·  

    Why would I need a citation? GDP has grown a lot, and yet there are more extremely poor people in the US. It is self-evident that were policy the same or similar now to the time before welfare "reform", that the proportion of people in extreme poverty would be similar. That's the thrust of your link, to boot. That's a policy problem if I've ever seen one.

No way that could have anything to do with what GDP measures? Does it tell us how big the cake is or how it is distributed? Does the logic of a capitalist economy have anything to do with concentration of wealth at all in your oppinion?

    China has a lot of problems, for sure. But what's the alternative? Even Nick Kristof has acknowledged that sweat shops represent a step in the right direction when your only other means of survival is garbage picking.

Does that mean sweat shops are a step in the right direction or does it mean the alternatives suck?

    Growth pangs of a modern economy hurt.

Yeah, sure. So do the contraction pangs. There's a lot of hurt built into the system, it seems. But even then, it doesn't hurt for everyone involved, does it? Almost as if the quite uneven distribution of pain and gain was somehow baked into the system.

    I don't envy anyone who has to work in those conditions, but I'm sure they do it because they feel like it will provide a better life for their families.
Not starving is a better life than starving, so, yeah, sure.

    I hope that going forward that labor standards and environmental protection become much more serious issues in Asia. I would love to see a day when goods cost the real cost, and not the highly externalized price that Walmart sells us shit for. But that's still a policy issue.

Why does "policy" always sound like something that has nothing at all to do with the actual economic framework it has to operate in? Last time I checked, it had already become quite obvious that policy largely follows the interests of the most successful economic actors. "Money = Power" is not some kind of unfortunate coincidence in a capitalist society.

    Real economic development is a good thing for poor people. One doesn't have to be an adherent of trickle down economics to believe that.

No, but one can have very different ideas about what real economic development means.

JoBrad  ·  3203 days ago  ·  link  ·  

Hans Rosling makes a good case that, as the world gets richer, the poor are getting richer, too. This obviously doesn't solve the poverty issue, but it is good evidence that we are, in fact, making a difference.

user-inactivated  ·  3203 days ago  ·  link  ·  

So no boat in deepflows world. Got that.

Next question: I have a maple seed. I grow maple trees for 25 years. I cut them down to make a boat. Do I get to keep the boat?

deepflows  ·  3203 days ago  ·  link  ·  

    So no boat in deepflows world. Got that.
Got that wrong. No personal yacht for your exclusive use, though. Not as long as the same ressources could go towards building shelter somewhere else. Tough?

    Next question: I have a maple seed. I grow maple trees for 25 years. I cut them down to make a boat. Do I get to keep the boat?

Are there enough seeds for everyone who wants to grow trees? Enough soil?

Or are you going to fence off an area and insist nobody else can plant a tree there?

Will you actually grow the tree and build the boat yourself? Or will that be the job of some sucker who wasn't yet alive when everyone fenced off some land for trees?

Who will do the fishing? You? Or some sucker who had damn well better be grateful that he gets to use your cool boat (while you sell the fish, pay him a fraction of the profits and call that a fair arrangement?)

Will you stop at one boat? Or are you going to take the profits from the other guy's fishing and use those to buy other people's boats and fenced off tree growing areas?

When will it be enough boats? Will there be any fish left by then? At which point do you offer people shares for your fishing empire? When will betting on tomorrow's catch become more important than fishing?

You know, I can appreciate the idea. A man, his tree and his boat. But it really isn't that simple, is it?