Viewing profile — jwmhjwmh

I'm Gen Z and I learned cursive in elementary school. I've forgotten most of it, though.

If you automate everything, how is profit made? Say every firm charges a 5% markup above costs of materials and machine upkeep. A given firm must pay other firms' 5% markups on the…

The article is paywalled, so I'm just going by the title, but one thing holding back labor productivity is low wages. When wages are low, labor-saving technology is less likely to …

The increasing prevalence of "dead labor" (maybe another term for it is "fixed capital"?) depends on the changing processes of production. An example of the process is the switch f…

I think the orthodox Marxist position is that prices gravitate around labor values in a competitive market. The main reason for profit is that people can produce more value than is…

Specifically, profit made selling goods at their equilibrium price is made by exploiting workers. If you introduce a new good, you will have a monopoly on it for a time, meaning yo…

Privatizing the police seems like a bad idea. For one thing, it exacerbates inequality between those who can pay for security and those who cannot (or can only pay for inferior ser…

After many tries, I finished level 12 in one stroke. It would be nice to be able to skip the starting animation.

> Comparing what Russia is doing in Ukraine to anything the US has done in the last 100 years is an exercise in false equivalence. One so blatant that it defies any attempt to inte…

There were two other coups in the years leading up to Sankara's taking power, so I wouldn't say that the country was exactly in a stable state. I don't think the problem is the lac…

I believe Burkina Faso did very well under Thomas Sankara, whether or not you want to call him a "strongman". He definitely was not aligned with the West. In fact, he had close rel…

Apparently a mother was seen applying an insect to her child. I doubt she would purposefully poison her own offspring.

> You can mess around in the garden (overseas) as much as you want, as long as you keep the house clean. > That’s not fair, but it is consistent. I guess xanaxagoras was just assum…

https://www.acpjournals.org/doi/10.7326/M19-2415

Other people who have also taken time to study how the system works will tell you that it is the issue.

Jimmy Carter did some bad stuff too. From his Wikipedia page: > During Carter's presidency, the U.S. continued to support Indonesia as a cold war ally, in spite of human rights vio…

Very well. Let me just say that any large company involves humans telling other humans what to do, even if the workers work there "voluntarily". Many people have no choice but to w…

I'm not an economist either. It just seems the business cycle has been a persistent feature of capitalist economies.

> central planning does not fix those deficiencies, it makes them worse How would the system I'm describing make inequality and the resulting conflict worse? > you have to count th…

You say "a free market does [calculation] fine," but it has obvious deficiencies that I have already remarked upon. As I have said before, the optimization problem can be solved on…

I'm not sure what you mean by "information channels". Wouldn't a factory mainly just need to communicate its inputs and outputs the computer or computer cluster doing the calculati…

Yes. However, using modern computing and communication technology, it would be possible to run a complex economy with calculations "in-kind". That is, most calculation could be don…