Re: The Abyss
This is an interesting discussion going on here. Hopefully I can keep myself civil, but there are just a couple of howlers I really feel I have to address.
2002 to 2007 were "good times" [economically]?!?!?! I spent about two years of that period unemployed, probably another year of that under-employed, and I had a lot of company. Incidentally, I'm a Civil Engineer with a Masters' Degree. From my point of view, I'm quite convinced that the disparate growth of the very wealthy (not just those years, but for decades prior) biased the aggregate economic statistics to make it look like we were doing well as a nation when the majority were in fact heading downhill fast.
Talking about the "unskilled" as if this is a monolithic block of the exact same individuals who just stubbornly refuse to get off their couches and learn a useful skill year after year after year, seems absolutely ridiculous to me, bordering on the economic equivalent of bigotry. As if 150,000 new workers don't enter the pool every single year. As if everybody's skills don't become obsolete in 5 or 8 years due to the pace of technology. I mean, IT workers are being paid crap wages these days (the ones who haven't lost their jobs to India yet), whereas even ten years ago they were the top of the heap. And, as others have mentioned, the root of the problem is that nobody is hiring, skilled or unskilled. 5 unemployed to every new job posting. Hope that night course certificate keeps you warm this winter when you burn it because you can't afford heating oil. :eek:
The third thing that really irks me about listening to Libertarians... and believe me, I count several among my relatives and friends, so I have to listen to this guff all the time...
(the second thing that irks me being the attitude above; the first was correctly identified by mcgurme as the assumption that "Hard work always equals success, therefore if you're not successful you must be lazy or stupid, Q.E.D."... c'mon guys, you never heard the term "necessary but not sufficient condition?")
...the third thing that irks me is that Libertarian advice always seems to have a "Hindsight is 20/20" flavor to it.
...funny, it wasn't so many years ago that prominent Libertarians with national platforms -- to their credit, not the prominent iTulip Libertarians -- but prominent Libertarians were saying that anyone who saved money was an idiot when they could have been getting ten times the return by investing in Wall Street or buying property. Not such a sound strategy this year, of course. It's like the Libertarian answer to any problem or tragedy is to say "Well obviously you should simply have bought Xerox in May of 1961 (and then sold it in July 1999), then you wouldn't have this problem". It's like Libertarians think that "buy cheap sell dear and time the market exactly right" is some kind of profound philosophical discovery.
Apart from this advice being unhelpful and unsympathetic, if everybody were somehow magically able to make all the right decisions that Libertarians prescribe in hindsight -- that would destroy all the Libertarians' profits by spreading them more evenly among the entire rest of the population. Fallacy of Composition: Libertarian philosophy is a zero sum game. To be successful as a Libertarian leaves unspoken the assumption that large numbers of people must lose out, fail, and starve in order to contribute the money that Libertarians reap as profits due to their alleged individual wisdom and acumen. And yet Libertarians somehow still have the chutzpah to say that liberals (particularly environmentalists) are "anti-human". :rolleyes:
Liberalism simply says that it's not a zero sum game: if we all contribute positively to each other, nobody needs to crash and burn. It doesn't have to be a world-wrecking, punitive social contribution, but it does have to be graduated; the more successful you are, the more you have at risk from a societal collapse, so the more you ought to be invested in making sure the societal collapse doesn't happen. And, as the iTulip gurus and commentators often point out, humans in the long term don't like inequality. So if you allow a blatant disparity of wealth to grow, it will be corrected eventually, whether by the government (for either virtuous or corrupt motives, the end result is the same), or by pitchforks. Destruction is always faster and easier than creation -- it will forever be a lot easier for malcontents to throw a rock (or an RPG) through a limousine window than to build a more bulletproof limousine. Hence it would seem to make a lot more sense to co-operate and contribute socially than to just walk around saying "keep your hands offa my stack".
This is an interesting discussion going on here. Hopefully I can keep myself civil, but there are just a couple of howlers I really feel I have to address.
Originally posted by rjwjr
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Talking about the "unskilled" as if this is a monolithic block of the exact same individuals who just stubbornly refuse to get off their couches and learn a useful skill year after year after year, seems absolutely ridiculous to me, bordering on the economic equivalent of bigotry. As if 150,000 new workers don't enter the pool every single year. As if everybody's skills don't become obsolete in 5 or 8 years due to the pace of technology. I mean, IT workers are being paid crap wages these days (the ones who haven't lost their jobs to India yet), whereas even ten years ago they were the top of the heap. And, as others have mentioned, the root of the problem is that nobody is hiring, skilled or unskilled. 5 unemployed to every new job posting. Hope that night course certificate keeps you warm this winter when you burn it because you can't afford heating oil. :eek:
The third thing that really irks me about listening to Libertarians... and believe me, I count several among my relatives and friends, so I have to listen to this guff all the time...
(the second thing that irks me being the attitude above; the first was correctly identified by mcgurme as the assumption that "Hard work always equals success, therefore if you're not successful you must be lazy or stupid, Q.E.D."... c'mon guys, you never heard the term "necessary but not sufficient condition?")
...the third thing that irks me is that Libertarian advice always seems to have a "Hindsight is 20/20" flavor to it.
Originally posted by Master Shake
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Apart from this advice being unhelpful and unsympathetic, if everybody were somehow magically able to make all the right decisions that Libertarians prescribe in hindsight -- that would destroy all the Libertarians' profits by spreading them more evenly among the entire rest of the population. Fallacy of Composition: Libertarian philosophy is a zero sum game. To be successful as a Libertarian leaves unspoken the assumption that large numbers of people must lose out, fail, and starve in order to contribute the money that Libertarians reap as profits due to their alleged individual wisdom and acumen. And yet Libertarians somehow still have the chutzpah to say that liberals (particularly environmentalists) are "anti-human". :rolleyes:
Liberalism simply says that it's not a zero sum game: if we all contribute positively to each other, nobody needs to crash and burn. It doesn't have to be a world-wrecking, punitive social contribution, but it does have to be graduated; the more successful you are, the more you have at risk from a societal collapse, so the more you ought to be invested in making sure the societal collapse doesn't happen. And, as the iTulip gurus and commentators often point out, humans in the long term don't like inequality. So if you allow a blatant disparity of wealth to grow, it will be corrected eventually, whether by the government (for either virtuous or corrupt motives, the end result is the same), or by pitchforks. Destruction is always faster and easier than creation -- it will forever be a lot easier for malcontents to throw a rock (or an RPG) through a limousine window than to build a more bulletproof limousine. Hence it would seem to make a lot more sense to co-operate and contribute socially than to just walk around saying "keep your hands offa my stack".
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