Earlier quoted context omitted.
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What, pray tell, is socialistic about this?
It's not socialist, necessarily, but it's definitely blank-slatist, and the two are often stablemates.
Talent is everywhere, opportunity is not
11–20 of 350 posts
Re: Talent is everywhere, opportunity is not
#12Imo Education is overvalued, Capital is under appreciated, And, Because Capital is trapped into networks, that Capital is squandered among an infinite array of companies employing the talent and producing products that don’t make you, or the planet, better, healthier, smarter or happier. (Apple’s SJ era, Google until 2014~ and Tesla fit the useful smarter happier paradigma, and not many other) My solution is: take a…
Why should the federal government do this? 'The founding fathers intended the states to be social and economic experiments.'
I find it frustrating that anything remotelt consistent with the scientific method is effectively shunned in economic policy and politics.
Re: Talent is everywhere, opportunity is not
#13The talent, was originally a unity of mass and money of Antiquity, so people who have talent, means people who have money.
Re: Talent is everywhere, opportunity is not
#14Imo Education is overvalued, Capital is under appreciated, And, Because Capital is trapped into networks, that Capital is squandered among an infinite array of companies employing the talent and producing products that don’t make you, or the planet, better, healthier, smarter or happier. (Apple’s SJ era, Google until 2014~ and Tesla fit the useful smarter happier paradigma, and not many other) My solution is: take a…
Why should the federal government do this? 'The founding fathers intended the states to be social and economic experiments.' I find it frustrating that anything remotelt consistent with the scientific method is effectively shunned in economic policy and politics.
Well the US is the major superpower in good part because of Cisco, Bell Labs, Fairchild, Intel, Apple, Lockheed, Google etc.
Re: Talent is everywhere, opportunity is not
#15How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.
Everything is a hassle. Building permits, operating licenses, legal compliance, etc.
All those things arguably exist for good reasons, but it's a huge hurdle to doing anything useful.
I can't have a 20 foot radio tower in town, I can't subdivide smaller than 10 acres outside of town, I can't build any facility out there to operate the experimental tower without building permits, radio licenses, compliance with tracking (for the police) any radio customer I might get if I qualify as a "communication service provider", etc.
There are (major) hurdles in just about every conceivable industry, and hardly any provision for "hey I'm a guy who wants to experiment, perhaps even noncommercially".
You can overcome the hurdles, but how many people will just stay at their 9 to 5 and not bother because its a huge pain in the ass with no guaranteed benefit?
I wonder how much this holds us back, it's hard to say.
Re: Talent is everywhere, opportunity is not
#16How many talented people , in advanced economies, with good technical degrees , do take part in inventing important stuff ? Very few. Educating more kids and having more "ideas" won't change that. We're not lacking ideas. We're lacking the right incentives to make ideas happen.
It depends on social pressure. For places like Silicon valley, the ultimate status symbol is being a founder, which inherently involves inventing (what a founder would call) important stuff. It's similar in Israel. Heck, there, startups are struggling to scale becuase everyone wants to be a founder.
Re: Talent is everywhere, opportunity is not
#17Opportunity is often missed because it looks like work.
The availability of opportunity itself has diminished. Fewer and fewer opportunities are made available by those who hold the keys to the gates. Often, when one of the now fewer gates to opportunity open, much less is offered inside than was historically there and the risks to benefits to open those doors is increasing across the board.
I'd say it's too simplistic to imply people don't seek opportunity because it requires work, it's more to do with the fact the success rates are so low and the magnitude of work is so high now compared historically that most would rather seek other ways to add enjoyment to their lives and abandon the system.
That's not sustainable for our society to continue to be successful and it has to change back to more sane thresholds. Implying people are lazy is a copout to the real problem.
Re: Talent is everywhere, opportunity is not
#18Imo Education is overvalued, Capital is under appreciated, And, Because Capital is trapped into networks, that Capital is squandered among an infinite array of companies employing the talent and producing products that don’t make you, or the planet, better, healthier, smarter or happier. (Apple’s SJ era, Google until 2014~ and Tesla fit the useful smarter happier paradigma, and not many other) My solution is: take a…
Capital is not underappreciated - it is hidden by owners. Because their power and wealth comes from control of a scarce, hidden resource. If everyone had access to capital, nobody would be “on top”, and that’s unacceptable to the owning classes.
Re: Talent is everywhere, opportunity is not
#19Imo Education is overvalued, Capital is under appreciated, And, Because Capital is trapped into networks, that Capital is squandered among an infinite array of companies employing the talent and producing products that don’t make you, or the planet, better, healthier, smarter or happier. (Apple’s SJ era, Google until 2014~ and Tesla fit the useful smarter happier paradigma, and not many other) My solution is: take a…
Unbelievably childish idea which would be trivial to gamify.
You only have to look at the industrialised corruption of public tenders for legitimate needs in Africa for a glimpse of human nature.
Re: Talent is everywhere, opportunity is not
#20Earlier quoted context omitted.
Why should the federal government do this? 'The founding fathers intended the states to be social and economic experiments.' I find it frustrating that anything remotelt consistent with the scientific method is effectively shunned in economic policy and politics.
Well the US is the major superpower in good part because of Cisco, Bell Labs, Fairchild, Intel, Apple, Lockheed, Google etc.
Are we speaking military expenditure, basic research, or entrepreneurialism?
I'm also uncomfortable of this suggested idea about American exceptionalism. We have been bested by foreign competition despite our superior economic resources and liberty. I mean, we had to completely begin shifting gears away from public, politicized development in the launch market when our best option became hitching rides with one of our worst enemies.