Letter From One Percent | Page 3 | INFJ Forum

Letter From One Percent

(eg short selling by Soros on 'Black wednesday' leading to recession and the inevitable social ills that come with it)

I've got to be honest, Soros had a point, common exchange rate mechanisms are bunk, just are irregular fiscal/monetary unions such as the euro.

In truth the majority of pain in the states is born from the central states being poorly fiscally mismatches with the east and west coasts, just as the majority of the UK suffers by being in fiscal/monetary unions with London and Aberdeen.

People need to stop looking for political solutions to solve mathematical problems and mathematical solutions for political problems.
 
I've got to be honest, Soros had a point, common exchange rate mechanisms are bunk, just are irregular fiscal/monetary unions such as the euro.

In truth the majority of pain in the states is born from the central states being poorly fiscally mismatches with the east and west coasts, just as the majority of the UK suffers by being in fiscal/monetary unions with London and Aberdeen.

People need to stop looking for political solutions to solve mathematical problems and mathematical solutions for political problems.

The problem of course being how to manage the resources in such a way as to best take care of everyone....agreed?
 
The problem of course being how to manage the resources in such a way as to best take care of everyone....agreed?

The problem is two parts. The efficient use of human resources and non-human resources.
 
The problem is two parts. The efficient use of human resources and non-human resources.

I hate the term 'human resources' its part of that emotional dettachment that occurs before an act of cruelty. You know like the way soldiers call their enemies names to dehumanise them eg iraqis as 'hadjis', germans as 'the hun', vietnamese as 'gooks'. Or civilians killed in wars as 'collateral damage'.

People are not resources to be traded and used. That pretty much underlines the chasm that exists between your mindset and mine.

I'm guessing that the common ground we have is our distrust of government, but beyond that we're gonna diverge.

I still believe in community but one that is controlled from the bottom up not the top down.

I'm guessing you believe in free markets and competition?

If governments were abolished and protective state apparatus as well (this is a double edged sword...for example the police can protect citizens against crime, but they can also be used to violently suppress peaceful protests by citizens) then defence becomes a private matter. The people with the most wealth can then hire the most mercenaries to 'protect' their interests and inevitably you end up with a new domineering force.

There are already private armies in existence or 'private defence contractors'. I think that is how the US is planning to carry on a military presence after it has pulled its troops out of Iraq. The fact that the private defence contractors (mercenaries) will mostly be ex-US soldiers is probably lost on some. Also concerning cost efficiency I would expect them to cost a lot more than the military would, because they are a private body and therefore concerned with profit making.

It is of course members of the power elite who are behind the defence contractors and who will benefit from the lucrative contracts.

It's these private contractors that have been implicated in murders and other atrocities, because they are acting outwith the auspicies of the military.

eg http://en.wikipedia.org/wiki/Blackwater_Worldwide
 
I hate the term 'human resources' its part of that emotional dettachment that occurs before an act of cruelty. You know like the way soldiers call their enemies names to dehumanise them eg iraqis as 'hadjis', germans as 'the hun', vietnamese as 'gooks'. Or civilians killed in wars as 'collateral damage'.

I'm guessing you believe in free markets and competition?

If we can't understand that the more people we have to work the fields the more food we can produce then we've lost the fundamentals of providing for a fair society. Theres no need to pretend that it is acceptable to have competent, capable people not being rewarded for production whilst others are being rewarded for sitting around and wasting because its the 'humanitarian' thing to do.

What you deposit is the opposite, that anyone who has the standards to provide and provide excess must by definition relinquish this to the state/community. This is a more cynical and unethical slavery than motivating those that can do more but will not do so.
 
If we can't understand that the more people we have to work the fields the more food we can produce then we've lost the fundamentals of providing for a fair society. Theres no need to pretend that it is acceptable to have competent, capable people not being rewarded for production whilst others are being rewarded for sitting around and wasting because its the 'humanitarian' thing to do.

What i understand is that despite the fact we have advanced technologically and have: labour saving devices, robots, computers and also women in the work place as well as men and access to a global workforce we are now working more hours than previous generations and have just seen our pensions go up in smoke.

Capitalism seems to produce endless rubbish that it doesn't need because it is obsessed with finding new things to sell. It can even create wants in people through public relations and manipulation of the masses through various media. One thing it creates a lot of is unnecesary jobs!

Have you ever read one of those studies that measures how much time office workers actually spend working? They usually find that large parts of the day are taken up passing the time for example being online, chatting at the watercooler, texting etc.

There are a whole load of non jobs and also a lot of jobs that are created by the capitalist system itself for example relating to money and its management.

So lets imagine you abolished money and the focus of society shifted from wants onto needs ie ensuring that everyone had what they needed. Suddenly all those capitalist jobs have dissapeared! Massed unemployment! However those people would then be free to go and help the other people doing the necessary jobs. As the saying goes 'many hands make light work'. What this could potentially mean is that everyone would have to work a whole lot less. As people would be freer in terms of what they did for a living and would be contributing directly to society it would cut down on the self esteem issues which often plague those out of work because they could choose how they wanted to contribute and would probably feel better about themselves knowing that what they were doing is directly useful to society.

Competant and capable people will still be able to be innovators but will be working for the greater good instead of filling their own pockets and then having some sort of mid life existentialist crisis wondering if all their efforts had actually amounted to anything as often happens in a capitalist society.


What you deposit is the opposite, that anyone who has the standards to provide and provide excess must by definition relinquish this to the state/community. This is a more cynical and unethical slavery than motivating those that can do more but will not do so.

I think you mean 'posit' not 'deposit' as the latter would indicate that i am verbally defecating and i like to think i'm contributing at least something to the discussion!

People will still be motivated to improve their community or the enterprise they are involved in because people like to do things well, when they feel good about what they are doing. they will always get the respect of their fellow workers and may even be elected to carry the mandate of the group to a higher level

In terms of motivation: people would be motivated because they would be reciveing the fruits of their labour. Under capitalism they do not usually....usually they just get a cut (a 'wage')....capitalism is not particualrly motivating really....just look on the faces of commuters going to work!

With capitalism the employer pays the employee just enough that they don't quit and the employee does just enough that they don't get fired. that's not efficient.

People will feel better when they have greater autonomy, greater control over their lives and their work conditions, have equal status (thus not feeling 'status anxiety') and recieve the fruits of their labour and feel positive about what they are doing (and can freely choose what they want to do)

People would be able to keep personal items but the means of production would be held by everyone.

The capitalist class would have to relinquish some assets its true, but in return everyone would be working less time per day. So what i'm saying here is the 1% give up the means of production and come and get their hands dirty with the rest of us and we all work less. That means we have more of our own free time to pursue the arts, science, socialise or whatever you want to do.

Profit margins wouldn't exist anymore and deadlines would mostly dissapear as well. Time would not be money. Time would be something everyone would have a lot more of.

Under capitalism it always seems to me that 3 things come into short supply: time, energy and money. Focussing on needs not want and everyone pulling together and sharing would provide a lot more time and energy. You'd be much freer to move around and change your role in society and probably without a horrible job interview as well!

Does that sound like slavery?
 
Under capitalism it always seems to me that 3 things come into short supply: time, energy and money. Focussing on needs not want and everyone pulling together and sharing would provide a lot more time and energy. You'd be much freer to move around and change your role in society and probably without a horrible job interview as well!

I've got to be honest, I couldn't care less about people 'pulling together' or providing for those who make choices that are different from me. I would either remove myself from a system which demands me to interact with and 'value' those I despise or die trying. I find negative value in contributing to those who provide me no value in return. We all exist in one form of slavery if not another. That's life.

Scarcity value is as appropriate a place to start as any.
 
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I've got to be honest, I couldn't care less about people 'pulling together' or providing for those who make choices that are different from me. I would either remove myself from a system which demands me to interact with and 'value' those I despise or die trying. I find negative value in contributing to those who provide me no value in return. We all exist in one form of slavery if not another. That's life.

Scarcity value is as appropriate a place to start as any.

Why would you have to 'value' people and why would you 'despise' them....you wouldn't be in competition anymore. their efforts would go into the community store and so would yours and from it you would both draw what you need. Therefore they do provide you value.

Communities would have to decide amongst themselves how they would ensure that everyone was contributing, but with greater freedom of roles and all roles being useful people would probably be more motivated to get involved.

Life's tough for sure...why make it tougher than it needs to be?

This 'form of slavery' as you call it, that i'm talking about, is probably more in alignment with what we have evolved over 200,000 years to do which is to work together, in groups, voluntarily in order to achieve tasks or complete objectives, whether that be: gathering up fruit, trapping a whooly mammoth or in the future building a spacecraft!

Competition is destructive and wasteful
 

They obviously didn't try anarcho-communism!

What they did do was violent insurrection against their occupiers which lead to the destruction of their temple and diaspora.

Their violent occupiers collapsed
 
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you wouldn't be in competition anymore.

Incorrect, I would be limited in reaching my potential due to societies attempts to redistribute it and thus have no desire to contribute anything, thus destroy the system or leave it. In your society I could never achieve self sufficiency, something I am already on the verge of achieving.
 
Incorrect, I would be limited in reaching my potential due to societies attempts to redistribute it and thus have no desire to contribute anything, thus destroy the system or leave it. In your society I could never achieve self sufficiency, something I am already on the verge of achieving.

Depends on what you view your potential to be. What is it that you would want to contribute?

Society itself would be pretty self sufficient. The aim is to take care of needs without being hampered by profit hunting motives (eg suppression of greener energy sources through control of patents by oil companies) so society itself would probably aim to get onto renewables

You wouldn't be paying any rent or bills. Food and essentials would be provided and you'd have a stack of time left over to manufacture anything else you wanted. Modern technology would enable you to pool your efforts with people over great distances.

You can't be self sufficient now under capitalism....you will still pay taxes, council tax, road tax, death duties and anything else they dream up!

You will be less self sufficient under capitalism than you would under anarcho communism
 
You can't be self sufficient now under capitalism....you will still pay taxes, council tax, road tax, death duties and anything else they dream up!

I earn much more than I spend on these incorrectly raised taxes.

Either way, I have no interest in sequestering my wealth and ability to generate wealth into 'self sufficient' communities of any size, nor do I wish to contribute to such regardless of the laws passed in an attempt to do so.

Taxes should only be raised on externalities. But that's a different topic.

But I don't understand why you can't understand that re-distributive wealth/resources is something that you are making the point 'is bad' whilst at the same time arguing is exactly what we want infinity of.

Your only complaint is that you can't bridge the redistributive taxes gap, the only solution to that is to cease social spending and those who can't bridge the gap will go wild at occuring.
 
I earn much more than I spend on these incorrectly raised taxes.

Either way, I have no interest in sequestering my wealth and ability to generate wealth into 'self sufficient' communities of any size, nor do I wish to contribute to such regardless of the laws passed in an attempt to do so.

Taxes should only be raised on externalities. But that's a different topic.

But I don't understand why you can't understand that re-distributive wealth/resources is something that you are making the point 'is bad' whilst at the same time arguing is exactly what we want infinity of.

Your only complaint is that you can't bridge the redistributive taxes gap, the only solution to that is to cease social spending and those who can't bridge the gap will go wild at occuring.

They will try to take your wealth one way or another

I'm advocating common ownership of the means of production. What i am against is a government which is corrupted by monied interests as i do not trust their redistribution of wealth ie through the decisions of a few rather than the many...i see no contradiction there

I don't have a single complaint and I'm not trying to 'bridge a tax gap'....the problem is a far deeper than that! I'm suggesting a solution to a host of problems, whilst pointing out the flaws of other possible solutions.

I would never claim to have all the answers, and the shape of an anarcho communist society would not be for me to decide (except as a participant)

I don't expect to change your mind Jim but the discussion might be interesting for others to read. We can always agree to disagree
 
They will try to take your wealth one way or another

I'm advocating common ownership of the means of production. What i am against is a government which is corrupted by monied interests as i do not trust their redistribution of wealth ie through the decisions of a few rather than the many...i see no contradiction there

I don't have a single complaint and I'm not trying to 'bridge a tax gap'....the problem is a far deeper than that! I'm suggesting a solution to a host of problems, whilst pointing out the flaws of other possible solutions.

I would never claim to have all the answers, and the shape of an anarcho communist society would not be for me to decide (except as a participant)

I don't expect to change your mind Jim but the discussion might be interesting for others to read. We can always agree to disagree


Jim's mind can never be turned. But he will not leave it alone. All night and all day he will chew it like a rawhide toy until it is beyond recognition.
 
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I read somewhere that if everyone in society had a job and there was no unemployed then the financial structure would collapse, basically you need unemployed people for capitalism to work or have I simply misunderstood?
 
StudebakerHawk's mind can never be turned. But he will not leave it alone. All night and all day he will chew it like a rawhide toy until it is beyond recognition.

Fixed, giggity giggity.

On a more serious note, I believe muir and me have this discussion at least once a month. This is good for us and is useful reference for others if they ever wish to observe one us trying to square the circle and the others attempting to circle the square. It's interesting because the means of discussion is as opposing as the viewpoint regarding the way forward. What can I say, at the age of 20 most people are socialists/statists, by 30 most people are capitalists/individualists.

I read somewhere that if everyone in society had a job and there was no unemployed then the financial structure would collapse, basically you need unemployed people for capitalism to work or have I simply misunderstood?

Interesting, could you elaborate?
 
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Fixed, giggity giggity.

On a more serious note, I believe muir and me have this discussion at least once a month. This is good for us and is useful reference for others if they ever wish to observe one us trying to square the circle and the others attempting to circle the square. It's interesting because the means of discussion is as opposing as the viewpoint regarding the way forward. What can I say, at the age of 20 most people are socialists/statists, by 30 most people are capitalists/individualists.



Interesting, could you elaborate?

Sorry chick, just some person on T.V. Maybe because there is no one " at home " no one would use electricity, use public transportation through the day, eat at fast food restaurants etc etc. Like I said babe, I don't know, just something I heard on T.V.
 
Sorry chick, just some person on T.V. Maybe because there is no one " at home " no one would use electricity, use public transportation through the day, eat at fast food restaurants etc etc. Like I said babe, I don't know, just something I heard on T.V.

Is this to do with the theories behind 'the longer someone can stay unemployed until they find a job which best suits their skills, the better'?