Jussie Smollett: great example of supply v demand

[_Doctor CamNC4Me]

https://youtu.be/pXLx5OY21Bk?t=718

I started the Jussie Smollett GMA video at, I think, the perfect timestamp. Enjoy.

eta: And of course some Truth to Power:

https://youtu.be/ncefoL5MROw?t=174

- Doc

[_Jersey Girl]

https://youtu.be/pXLx5OY21Bk?t=718

I started the Jussie Smollett GMA video at, I think, the perfect timestamp. Enjoy.

eta: And of course some Truth to Power:

https://youtu.be/ncefoL5MROw?t=174

- Doc

A psych eval might be a good idea in this case.

[_Kevin Graham]

Even if an industry is fully automated, it’s an industry. I’m asking whether you favor government ownership of all industry or just some.

I'm not sure it would be an industry in the normal sense. But if it is, it will be an industry either owned and controlled by the government (the people in the context of Socialism), or owned entirely by one person.

Which would be better for a civilization of 10 billion inhabitants?

The longer our system of capitalism thrives, the more we see wealth becoming saturated at the top. After 300 years of that, there will be nothing left for anyone else as the big sharks eat the competition.

[_Res Ipsa]

Even if an industry is fully automated, it’s an industry. I’m asking whether you favor government ownership of all industry or just some.

I'm not sure it would be an industry in the normal sense. But if it is, it will be an industry either owned and controlled by the government (the people in the context of Socialism), or owned entirely by one person.

Which would be better for a civilization of 10 billion inhabitants?

The longer our system of capitalism thrives, the more we see wealth becoming saturated at the top. After 300 years of that, there will be nothing left for anyone else as the big sharks eat the competition.

Or owned by a partnership. Or a corporation. One could address the problems with capitalism by either regulation or socialism. Just interested in where you fit in.

[_Kevin Graham]

Or owned by a partnership. Or a corporation. One could address the problems with capitalism by either regulation or socialism. Just interested in where you fit in.

Capitalism is awesome for providing people with certain advantages a lot of cool things. Luxury items, expensive toys, etc. But I think in 300 years our resources and things that make us wealthy, will be depleted. Particularly real estate. In 300 years I doubt corporations would exist as they do today. What is a corporation if not a legal entity designed to make profits by beating the competition in a given market? If there is no market, and the competition is dead, what is a corporation to do if not cannibalize itself from within. In the end all wealth and power will be funneled to one person, or family. We're already moving to something resembling the old aristocracy, but that club for the wealthy will be more exclusive in 300 years.

[_subgenius]

Or owned by a partnership. Or a corporation. One could address the problems with capitalism by either regulation or socialism. Just interested in where you fit in.

Capitalism is awesome for providing people with certain advantages a lot of cool things. Luxury items, expensive toys, etc. But I think in 300 years our resources and things that make us wealthy, will be depleted. Particularly real estate. In 300 years I doubt corporations would exist as they do today. What is a corporation if not a legal entity designed to make profits by beating the competition in a given market? If there is no market, and the competition is dead, what is a corporation to do if not cannibalize itself from within. In the end all wealth and power will be funneled to one person, or family. We're already moving to something resembling the old aristocracy, but that club for the wealthy will be more exclusive in 300 years.

Said someone about the Medici family.

#gettheetoacommunitycollege

[_Kevin Graham]

#gettheetoacommunitycollege

Is that were one goes to become an architect without knowing basic math?

[_subgenius]

#gettheetoacommunitycollege

Is that were one goes to become an architect without knowing basic math?

you should be so lucky.
But one could go the to learn basic economic concepts and grasp fundamental realities. You should at least give ir a shot...it can't make you more uninformed than you already are.

[_Doctor CamNC4Me]