My Socialist leaning Sherbro's, help me understand this one?

Discussion in 'The War Room' started by MikeMcMann, Jul 12, 2018.

  1. Greoric

    Greoric Silver Belt

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    So with an honest appraisal, nothing outside of anecdotal, considering that its pushing back against some foundational economic and game theory understanding about how labor equilibrium prices are set?
     
  2. Gunny

    Gunny Silver Belt

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    We established several posts back that I’m not doing that. Equilibrium prices are inclusive of a number of more or less universal human foibles. This is true. Doesn’t mean its optimal.
     
  3. Greoric

    Greoric Silver Belt

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    Well it's optimal among the options granted, right? Your argument is just that's it not perfect...
     
  4. MikeMcMann

    MikeMcMann Silver Belt

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    Did you not just argue against your point that gov't is best to regulate when you say gov't regulation is currently now bought and paid for?
     
  5. Gunny

    Gunny Silver Belt

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    Not to be cheeky but I would put it that I don’t currently know of a less non-optimal option.
     
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  6. franklinstower

    franklinstower Brown Belt

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    Yes and No. We simply must have government regulations to protect people in a number of areas. We need government and we need to work to make it less corrupt.

    It is corporate money that causes government regulations to be earned not overlooked etc. Money out of politics solves a TON or our problems.
     
  7. Greoric

    Greoric Silver Belt

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    I'd agree. AGI, perhaps?
     
  8. HomerThompson

    HomerThompson President of the War Room Platinum Member

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    You really are a complete jackass.

    Simply look at the history of the automobile industry, and shut your mouth.
     
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  9. Greoric

    Greoric Silver Belt

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    I agree. Look at it. Is gov't mandating the QC of Ferraris? Mercedes? If so, then how are Fords and Toyota's able to be produced as substandard vehicles without breaking the law?
     
  10. HomerThompson

    HomerThompson President of the War Room Platinum Member

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    Seat belts. Ralph Nader. Fucking learn something for once.
     
  11. Greoric

    Greoric Silver Belt

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    So broken clock argument? By the way, the Nader pin has actually been a determinant in time-sensitive extractions. Literature is currently out on whether its actually a net positive.

    To get on track, if you're willing to actually fucking nut up for once. Are standards that you see QC (for anything you buy- you choose the industry) primarily responsible because of gov't regulation?
     
  12. HunterSdVa29

    HunterSdVa29 Respect, tho Platinum Member

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    there's a whole huge gray area between 'massively overregulated' and 'no regulations' which apparently gets lost sometimes in these arguments....

    I think many would agree that many regulations, at least, are aimed at trying to solve something w/o adding ridiculous red tape or bureaucratic bullshit

    But there are clearly others that fall into that exact category, many from OSHA from the top of my head as a Federal Safety Officer and Fire Marshall are completely ridiculous.
     
  13. HomerThompson

    HomerThompson President of the War Room Platinum Member

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    You don't get to frame the argument to help your pathetic, naive worldview.

    Without Government oversight and regulation, literally tens of thousands of people would be dying. There is no such thing as the "rational actor" in capitalism. That's a libertarian fantasy.

    People will lie, cheat, and steal to get as much as they can out of as little as possible. These are the facts of humanity. Without government intervention forced by Nader, tens of thousands more would have died so that car companies could have a better profit margin. Your way of thinking is not only farcical, it's dangerous.
     
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  14. ineverpost

    ineverpost Brown Belt

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    Of course she thinks that. She thinks there's a chance that she will be given even more privilege without having to do any work. That's politics. Get free shit and act like you are virtue signaling so you don't come off like a greedy cunt
     
  15. kpt018

    kpt018 Gold Belt

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    You're just talking past me because it really punches a hole in your thinking (I already explained how certain aspects of a product can be high quality and it can still get you sick).

    You're also refusing to understand there are competing incentives here, as illustrated by your second question. Yes, a company doesn't want a reputation of having poor products but that is balanced with costs. Your also not acknowledging how regulations raises the standards for entire industries which create that incentive to have high standards in the first place. @HomerThompson 's automobile example is perfect, and I'd say airline industry is perfect too. A plane crash that is public and bad enough can have huge impacts on the entire industry, so the regulations are to everyone's benefit since we've reduced the odds of a plane crash to almost nothing.

    It also sounds like your position is something shitty happens so the market will punish that company, keeping everyone in line. Kinda sucks for the people who got e coli or who died in a plane/car crash, no?
     
  16. Greoric

    Greoric Silver Belt

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    This takes an appreciation for something called opportunity cost. Denied on lack of evidence.

    I agree. So how is that a point in favor having a compulsory funded monopoly?
     
  17. HomerThompson

    HomerThompson President of the War Room Platinum Member

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    [​IMG]

    Seat Belts have saved an estimated 255,000 lives since 1975.
     
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  18. HomerThompson

    HomerThompson President of the War Room Platinum Member

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  19. GOATER

    GOATER Brown Belt

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    Can't that be said about men as well though? I mean there will be men who are fathers that actually take parental responsibilities seriously...While many men don't and will easily rise up the ladders....Perhaps if we look at families as a whole, we see the women of such said men who don't care much about his family but career, sacrifice their pay since the burden of raising kids is put on the mother.

    However in other families where the burden is put on the father to raise the kids, we will see the women earn more...So perhaps we should judge the family as a whole.

    Of course in most families, the burden is probably put on the mother however.


    Also Neglection could apply to everything as well...There might be people who neglect social lives or who don't give a shit about taking care of their old parents etc, who will benefit way more in the work place because of said decisions even though they are way more incompetent than the people who choose to take care of their old parents or have a social life.

    I guess what Im trying to say is that their will be incompetent people who will rise the ladder more than other more competent people simply because they neglect everything else in life and embrace the grind.

    I wish we had a better way to judge actual talent/skill but unfortunately, it seems business tend to judge just by grind.
     
  20. HomerThompson

    HomerThompson President of the War Room Platinum Member

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