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America Is Missing The New Labor Economy – Robotics Part 1

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Re: America Is Missing The New Labor Economy – Robotics Part 1

#411

Post by treis »

_zamorano_ wrote: post #324
chii wrote: post #270

Earlier quoted context omitted.

What makes these plans go so successfully, when the soviets have historically not been able to make such plans successful (despite being richer and more powerful at the time)? This video about Argentina's economic failures mentions why free market capitalism failed in argentina, and why a "similar" opening up in china didnt fail (but not so much detail that another country could follow it and replicate the success).…

It's about the execution. The plan is just the first step. Basically, China is centralized politically and decentraliced economically. The soviet centralized everything... even meat prices, a recipe for disaster. They plan the outcome, but let the governing to the different provinces and the implementation to the (mostly) private sector. These actors are forced to compete, among other things, via export discipline th…

It's much more just population. Rapid population growth and then a one child policy has left China with a population bulge. Right now that bulge is 25-60ish which gives China a large amount of workers compared to children and the elderly. In 20-30 years that's going to switch and they will have a large amount of retirees supported by a relatively small amount of workers.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#412

Post by chairmansteve »

lenerdenator wrote: post #122

We didn't want a new labor economy. We wanted ever-increasing returns for shareholders. If that meant parting out our industrial base to our main geopolitical rival, that's what that meant . In the US, capitalism has mostly replaced nationalism and patriotism. In China, it augments those things.

In China, Capitalism exists to benefit the state.

In the USA, the state exists to benefit Capitalism.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#413

Post by willhslade »

chrisco255 wrote: post #182
watwut wrote: post #159

Earlier quoted context omitted.

America seems to be trying to make war, unexpectedly with Canada. Also, the only coalition America seems to be interested in is the one with Russia. Also, multiple foreign countries like Russia are trying to make war right now.

America is nowhere close to going to war with Canada. Tariffs are import taxes, not weapons of war. Good lord.

Warren Buffet said it's a declaration of war.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#414

Post by llamaimperative »

greenie_beans wrote: post #407
llamaimperative wrote: post #380

Earlier quoted context omitted.

> Zillow list price for vacant land doesn't consider all the vacant lots held by people who aren't building for various reasons nor does it consider the surrounding suburbs etc. or the land uvm holds but doesn't develop (who they gonna sell to? they have more money than anybody). there are a lot more variables than just zillow! What? Yes it does. That's how prices work. If UVM sold all of their land, prices would go…

of course land price contributes to housing cost but "land price" isn't the full picture. i wish it were that simple. > That's how prices work. If UVM sold all of their land, prices would go down, but they aren't selling all of their land, so the prices are higher. yes exactly how prices work in a textbook but a textbook is not a local market with all sort of dynamics. imagine the political process of UVM choosing to…

I didn’t say it’s the full picture.

UVM’s internal politics are, in fact, accounted for in the price of land.

Yes, for that particular plot of land, which they already owned, the land price is not what prevented construction. That particular project’s failure is not a major driving force of the price of living in Burlington.

The fact that 2 acres costs $3MM is a major driving force.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#415

Post by chii »

dumbledoren wrote: post #388
chii wrote: post #270

Earlier quoted context omitted.

What makes these plans go so successfully, when the soviets have historically not been able to make such plans successful (despite being richer and more powerful at the time)? This video about Argentina's economic failures mentions why free market capitalism failed in argentina, and why a "similar" opening up in china didnt fail (but not so much detail that another country could follow it and replicate the success).…

The Soviets were insanely successful: From the 1920s to 1960s they raised the USSR to space age, industrialized it to become the 2nd superpower, won a world war, upgraded citizens from village huts to apartments, from being barefoot to cars and subways. What 'went wrong' was the economic war that Kennedy admn. started to starve the USSR of GDP by starting an arms and space race. The USSR did not bite the space race b…

> Yes, if your country can keep the private interests and capitalists under control.

how come in your scenario, the state can do no wrong then?

Re: America Is Missing The New Labor Economy – Robotics Part 1

#416

Post by linkregister »

dluan wrote: post #333
linkregister wrote: post #237

Earlier quoted context omitted.

> This occurred to me. April 2001, US Navy plane crashes into Chinese J8 jet, kills pilot, lands on Hainan Island without authorization An interesting interpretation of events. Let's continue. "Then the air crew donates their airframe & technology to the Chinese Communist Party. And when they return they come up with a lie that they had been buzzed several times by the J8 pilot until the crash. Also they faked distre…

Maybe you don't remember that only 2 years earlier the US CIA "mistakenly" bombed the Chinese embassy in Belgrade, killing three Chinese government workers and nearly sparking war, with Bill Clinton personally calling to apologize.

It really is interesting to see this point of view. Are apologies admissions of guilt in your family/hometown? Do you think it was in the United States' interest to destroy the embassy of a non-belligerent in that war?

Re: America Is Missing The New Labor Economy – Robotics Part 1

#417

Post by dllthomas »

jacobgkau wrote: post #65
dragonwriter wrote: post #38

Earlier quoted context omitted.

No, it doesn't, and the proof of that is that landlords don't already charge 100% of income. You seem to be assuming housing rental is an perfectly monopolistic market, which it isn't, and any place where it even loosely approximates that needs to correct that whether or not UBI is adopted.

I had to move out of an apartment a few years ago and into a spare half-story at a friend's house. The apartment was attempting to raise my rent, while not to 100% of my income (yet), a significant amount. Their excuse was "that's the market rate now," and when I told them to F off and went to check other nearby apartments, they were correct, that was the "market rate." I have absolutely zero doubt that if the govern…

> UBI will not increase supply or decrease demand

Actually, I contend that it can increase supply of "housing sufficiently near sufficient income" by improving some marginal (existing or potential) housing.

Many devils in the details, of course.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#418

Post by [deleted] »

llamaimperative wrote: post #414
greenie_beans wrote: post #407

Earlier quoted context omitted.

of course land price contributes to housing cost but "land price" isn't the full picture. i wish it were that simple. > That's how prices work. If UVM sold all of their land, prices would go down, but they aren't selling all of their land, so the prices are higher. yes exactly how prices work in a textbook but a textbook is not a local market with all sort of dynamics. imagine the political process of UVM choosing to…

I didn’t say it’s the full picture. UVM’s internal politics are, in fact, accounted for in the price of land. Yes, for that particular plot of land , which they already owned, the land price is not what prevented construction. That particular project’s failure is not a major driving force of the price of living in Burlington. The fact that 2 acres costs $3MM is a major driving force.

[deleted]

Re: America Is Missing The New Labor Economy – Robotics Part 1

#419

Post by InDubioProRubio »

skyyler wrote: post #401
InDubioProRubio wrote: post #372

Earlier quoted context omitted.

If you appear to succeed- all that is needed is a face of success and connections to others who appear to succeed.

How does this differ from the US or western Europe?

You can express that the emperor is naked in europe, without the emperor sending you to prison, thus guarantee a constant churn and renewal, that leaves behind the cherished product of science - something more truthish.

Re: America Is Missing The New Labor Economy – Robotics Part 1

#420

Post by Galatians4_16 »

tartuffe78 wrote: post #2

Who will buy the phones when no one is paid to produce them? The cars? The food and the clothes? Wealth keeps concentrating upward, great leaps in efficiency and throughput, but I can't see how it's a sustainable model for continued consumption growth year after year.

Money ≠ Wealth. Currency ≠ Money.

As long as we use inflationary currency, the wealth gap will widen.

If people could save money without worrying about deminishing of its' value, the gap will mend itself to natural levels, along skill/merit lines, as opposed to family inheritance/connections. Then they could also aquire wealth without needing to pawn it off to keep paying the bills.

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