41–50 of 163 posts
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Wow, what a futuristic concept, to have a government comprised of scientists! I wonder which forward-thinking Western government will implement this first? http://singularityhub.com/2011/05/17/eight-out-of-chinas-top... ;)
Germany.
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Politicians from parties who now get 3-4% of the vote lied years ago (to the Greek public as well as EU bankers), so let's take Greek workers' pensions, crush their unions, slash their social services, and offer no jobs or future to 60% of Greek young people. The bankers may not get their money anyway, since the debt is still increasing, but at least the Greeks* will get what they deserve! *may not apply to the elite…
Out of interest, where do you think the money to pay for pensions, social services and create jobs for young people will come from in Greece in the future? Surely these all have to be set at a level that is actually sustainable by the Greek economy?
Additionally, if you don't pay for pensions, social services and create jobs then people don't have any money. If they don't have any money they don't spend. And not spending isn't sustainable for any economy.
Varoufakis wrote a blog post two years ago on the history of political economic thought on the firm. It also delves into Valve's unique management culture [1]. "There is one last bastion of economic activity that proved remarkably resistant to the triumph of the market: firms, companies and, later, corporations. Think about it: market-societies, or capitalism, are synonymous with firms, companies, corporations. And y…
He started a blog about his experiences at Valve [1], but stopped shortly after starting it. I was a bit disappointed, because the posts were very well written and insightful. I'd guess now he really has no time for it. [1]: http://blogs.valvesoftware.com/economics/
Same for the Linux part of their blogs subdomain. But Varoufakis still blogs at http://yanisvaroufakis.eu/
It will be interesting to see if they can pare down some of Greece's military expenditures, they have over a hundred thousand in their military, nearly ninety thousand soldiers. Granted the politicians can always point to Turkey as a threat but I would be very curious how the new administration handles this. Side effects of closing some of the nearly 500 military and releasing troops is not having jobs for them.
Earlier quoted context omitted.
Politicians from parties who now get 3-4% of the vote lied years ago (to the Greek public as well as EU bankers), so let's take Greek workers' pensions, crush their unions, slash their social services, and offer no jobs or future to 60% of Greek young people. The bankers may not get their money anyway, since the debt is still increasing, but at least the Greeks* will get what they deserve! *may not apply to the elite…
Out of interest, where do you think the money to pay for pensions, social services and create jobs for young people will come from in Greece in the future? Surely these all have to be set at a level that is actually sustainable by the Greek economy?
Earlier quoted context omitted.
Politicians from parties who now get 3-4% of the vote lied years ago (to the Greek public as well as EU bankers), so let's take Greek workers' pensions, crush their unions, slash their social services, and offer no jobs or future to 60% of Greek young people. The bankers may not get their money anyway, since the debt is still increasing, but at least the Greeks* will get what they deserve! *may not apply to the elite…
Would be better to take this money from the Greek oligarchs and keep some level of social safety net. But isn't it up to the Greeks to make that happen?
It will be interesting to see if they can pare down some of Greece's military expenditures, they have over a hundred thousand in their military, nearly ninety thousand soldiers. Granted the politicians can always point to Turkey as a threat but I would be very curious how the new administration handles this. Side effects of closing some of the nearly 500 military and releasing troops is not having jobs for them.
Ref: http://marginalrevolution.com/marginalrevolution/2015/01/the...
Varoufakis wrote a blog post two years ago on the history of political economic thought on the firm. It also delves into Valve's unique management culture [1]. "There is one last bastion of economic activity that proved remarkably resistant to the triumph of the market: firms, companies and, later, corporations. Think about it: market-societies, or capitalism, are synonymous with firms, companies, corporations. And y…
Valve has hierarchy. A good example is when the AR group was fired. The decision certainly came from someone, since the fired group wasn't notified, they were fired on the spot without prior notification. Therefore the decision was not democratic or made by everyone, but was instead secret and made by some small group or individual.