US study lays bare extreme pay-ratio problem

Discussion in 'Economics & Trade' started by LafayetteBis, May 16, 2018.

  1. Ethereal

    Ethereal Well-Known Member

    Joined:
    Jul 4, 2010
    Messages:
    40,617
    Likes Received:
    5,790
    Trophy Points:
    113
    The preamble wasn't written by "the people", it was written by a small group of men who are all dead.
     
    TedintheShed and Longshot like this.
  2. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    "We the people" who have a desire to dominate their fellow man.
     
  3. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

    Joined:
    Jun 17, 2008
    Messages:
    16,562
    Likes Received:
    1,276
    Trophy Points:
    113
    A "cult" which:
    - Never orders anyone about
    - Has no leaders
    - Promises nothing to followers.
    - Followers can't agree on much of anythin
    - Where there are libertarian forums, they never silence ideas or discussion



    Tell us, what does libertarianism have in common with a cult? I can't find anything. I think you just can't defend, with logic and objectivity, your own deeply held beliefs in government authority.
     
    TedintheShed likes this.
  4. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

    Joined:
    Jun 17, 2008
    Messages:
    16,562
    Likes Received:
    1,276
    Trophy Points:
    113
    The sort of pathetic, whiny response I'd expect from someone whose deeply held quasi-religious belief in state authority is questioned.
     
    TedintheShed likes this.
  5. BleedingHeadKen

    BleedingHeadKen Well-Known Member Past Donor

    Joined:
    Jun 17, 2008
    Messages:
    16,562
    Likes Received:
    1,276
    Trophy Points:
    113
    There was this period of time when certain French socialists adopted the term "libertarian" to describe their particular view of socialism. That strand pretty much died out, except amongst wanna-be academics who are angry that Rothbard co-opted the term for his own movement and that term has taken hold and is used by millions.

    Basically, it's pathetic whining about a relatively dead use of a term. I wonder if he looks in the dictionary for other ancient uses of terms and chastises people for their modern and different usage. It may also be more commonly used as he uses it in Europe, and, again, it's exceedingly pathetic to demand that Americans, on a forum mostly for Americans, conform to his European usage. It's at the level of trolling, at that point. But, then Reiver has always been a troll for the most part.
     
    Last edited: Jul 8, 2018
    Ndividual, TedintheShed and Longshot like this.
  6. TedintheShed

    TedintheShed Banned

    Joined:
    Aug 31, 2010
    Messages:
    5,301
    Likes Received:
    1,983
    Trophy Points:
    113
    A history lesson for @Reiver courtesy of Murray Rothbard:


    Taken from "For a New Liberty", Second ed. Chapter 1, pages 16-17
     
  7. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    Come on @TedintheShed. Everyone knows that wasn't 'real' socialism.
     
    TedintheShed likes this.
  8. Derideo_Te

    Derideo_Te Well-Known Member

    Joined:
    Oct 3, 2015
    Messages:
    50,653
    Likes Received:
    41,718
    Trophy Points:
    113
    In which case the onus is entirely on YOU to explain this imaginary "government entity" that seems to exist only amongst the paranoid alt right.
     
  9. Derideo_Te

    Derideo_Te Well-Known Member

    Joined:
    Oct 3, 2015
    Messages:
    50,653
    Likes Received:
    41,718
    Trophy Points:
    113
    The abject FAILURE of the libertarian utopia that was established under the Articles of Confederation was an OBJECT LESSON as to why there is NOT a single functioning libertarian nation anywhere in the world.

    If the libertarian utopian concept is so wonderful why has no other nation ever wasted their time on it? Why is it rejected as UNWORKABLE? Why did the libertarian Koch brothers tax plan FAIL so completely and utterly in Kansas that even Republicans voted to repeal it?

    You can spout all the puerile ad homs you want but the REALITY is that ADULTS know that libertarianism is a childlike delusion that does not work in real life.
     
  10. Derideo_Te

    Derideo_Te Well-Known Member

    Joined:
    Oct 3, 2015
    Messages:
    50,653
    Likes Received:
    41,718
    Trophy Points:
    113
    As opposed to the alt right who do a great imitation of being brain dead?
     
    Reiver likes this.
  11. Derideo_Te

    Derideo_Te Well-Known Member

    Joined:
    Oct 3, 2015
    Messages:
    50,653
    Likes Received:
    41,718
    Trophy Points:
    113
    There is more than one definition of the term cult.

    https://www.thefreedictionary.com/cult

    So yes, libertarianism is a cult because it is a venerated obsession of a philosophical principle that has no foundation in reality whatsoever. It does promise a utopia that can never exist in reality either but devoted followers still believe that it can. Their "promised land" depends entirely upon some mythical beliefs on how society might function if no one was greedy or careless or just didn't give a crap about anyone else.
     
    Reiver likes this.
  12. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    You're still ranting? Lets try and get you on 'content track'. Why aren't you aware of any economic history? Is it because it's terribly inconvenient for your slavish devotion to ideology fed by rich pressure group?
     
    Last edited: Jul 9, 2018
    Derideo_Te likes this.
  13. Ethereal

    Ethereal Well-Known Member

    Joined:
    Jul 4, 2010
    Messages:
    40,617
    Likes Received:
    5,790
    Trophy Points:
    113
    Huh?
     
  14. Ethereal

    Ethereal Well-Known Member

    Joined:
    Jul 4, 2010
    Messages:
    40,617
    Likes Received:
    5,790
    Trophy Points:
    113
    Except it wasn't a failure at all. Those who claimed it was a failure were just spouting anti-democratic propaganda.

    America was founded on libertarian principles, so clearly your assertion is incorrect.

    In any case, there was a time when virtually every nation on earth was ruled by a monarch. Does that prove that monarchy was a better form of government than representative democracy?

    Libertarianism is based on the principles that gave rise to the enlightenment. All the wealth and prosperity and freedom you enjoy can be attributed entirely to libertarian ideology. You really ought to be more grateful.
     
    Longshot and TedintheShed like this.
  15. Ethereal

    Ethereal Well-Known Member

    Joined:
    Jul 4, 2010
    Messages:
    40,617
    Likes Received:
    5,790
    Trophy Points:
    113
    Is this your way of admitting that the preamble was not written by the abstraction known as "the people" but by a small group of aristocrats who are all dead?
     
    Longshot likes this.
  16. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    And no credible economics. Pricing theory? We'd need to refer to the post Keynesians. Theory of the firm? We'd need to refer to resource based economics (and an understanding of how market concentration occurs). Labour markets? Anything but Austrian economics.
     
    Derideo_Te likes this.
  17. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    Libertarianism is a political theory, not an economic theory.
     
  18. TedintheShed

    TedintheShed Banned

    Joined:
    Aug 31, 2010
    Messages:
    5,301
    Likes Received:
    1,983
    Trophy Points:
    113
    Curious that such a "knowledgeable" person doesn't understand this.

    It's almost as if people talk out of their arse...
     
    Last edited: Jul 9, 2018
    Longshot likes this.
  19. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    Sounds like statism.
     
    Ethereal and TedintheShed like this.
  20. TedintheShed

    TedintheShed Banned

    Joined:
    Aug 31, 2010
    Messages:
    5,301
    Likes Received:
    1,983
    Trophy Points:
    113
    It's amazing that a follower of the religion of statism would level the charge of "cultist" to libertarians, the same liberyarian that over the last 300 years replaced the Divine Right of Kings with the concepts of natural rights that is.mentioned in the DOI.

    As ever, people are afraid of change even if it is for their betterment.
     
    Longshot likes this.
  21. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    Some people are afraid to give up their domination of their fellow man. It's a power thing.
     
    TedintheShed likes this.
  22. TedintheShed

    TedintheShed Banned

    Joined:
    Aug 31, 2010
    Messages:
    5,301
    Likes Received:
    1,983
    Trophy Points:
    113
    As ever, man will continue to evolve. Great strides have been made since the 70's in this area as the freedom movement is the fastest growing political movement today.
     
  23. Longshot

    Longshot Well-Known Member

    Joined:
    Jun 15, 2011
    Messages:
    18,068
    Likes Received:
    2,644
    Trophy Points:
    113
    Yet there are retrogrades who want to turn back the clock to a better time. A time of might makes right.
     
  24. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    This made me laugh. You've essentially admitted, on an economics sub forum, that you have no economics to your argument.
     
    Derideo_Te likes this.
  25. Derideo_Te

    Derideo_Te Well-Known Member

    Joined:
    Oct 3, 2015
    Messages:
    50,653
    Likes Received:
    41,718
    Trophy Points:
    113
    Thus spake another true believer in the libertarian utopia cult.
     
    Reiver likes this.

Share This Page