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Is everything an MLM

annehelen.substack.com

91–100 of 297 posts

Re: Is everything an MLM

#91
post #68

Earlier quoted context omitted.

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

>The economy is not a zero-sum game. If I make more money there is not someone else losing. Depends on your accounting. As a % of GDP, the economy is absolutely zero sum. And some useless sectors (finance) have been taking a greater share of GDP.

If you're unsatisfied with merely having more, and only care about how much better or worse you're doing relative to everyone else, then you can make anything zero sum. The fact that you can do this with GDP isn't particularly interesting or revealing.

Re: Is everything an MLM

#92
post #41
post #19

Any decent grad department will give the grad students a tuition waiver and stipend so it's actually the opposite of a pyramid scheme. In a pyramid scheme, you pay to join the pyramid. In academia, the pyramid pays you. I spent two years in a grad department in Boston that paid me to hang out and read books and occasionally grade papers. It probably wasn't the best life decision but there wasn't any exploitation.

And how much did you pay in tuition fees and housing costs?

> Any decent grad department will give the grad students a tuition waiver

Re: Is everything an MLM

#93
post #40
post #12

Earlier quoted context omitted.

> Retirement systems, for example, need a certain ratio of productive workers for each retiree, and I can't figure out any math that makes sense for the next ~20 years. Long-term systems like this are generally constantly adjusted over time to fit circumstances, and overall productivity per person is rising overall. Reframing the problem as a target quality of life vs. a target monetary amount may also help. More gen…

The tricky bit is that human social connections, our greatest psychological need, are both the lowest cost source of value (friendship, conversion, and sex are free) and source of highest expenses (social pressure to spend money to maintain relationships and status).

I think you might live in an unusual way if you spend more on relationships than food or housing.

Re: Is everything an MLM

#94
post #68

Earlier quoted context omitted.

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

>The economy is not a zero-sum game. If I make more money there is not someone else losing. Depends on your accounting. As a % of GDP, the economy is absolutely zero sum. And some useless sectors (finance) have been taking a greater share of GDP.

The GDP grows over time. Yes, we're still dealing with economics based on scarce resources (relatively speaking). That won't change unless we have a technological singularity, and even if that happens, some things of value like land (preferred locations) or esteemed original art pieces will still be scarce commodities.

What's the alternative model? That the government allocates the scarce resources instead of the market? What makes government better at this for most things (allowing for some exceptions)?

Re: Is everything an MLM

#95
post #68

Most of the economy in the so called "developed countries" is nowadays a zero-sum game between winners and losers. Seen from a macro perspective, it resembles a multi-agent system where independent agents compete to provide inessential products and services in exchange for being able to afford basic necessities like housing, food and child care. The finite resource that such companies are fighting for is people's att…

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

Since money represent human work and earth ressources, both finite, yes, when you make money, somebody becomes poorer. Because the total amount of human work and resources and the actual leverage they got on the world becomes diluted.

Re: Is everything an MLM

#96
post #68

Earlier quoted context omitted.

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

> However the majority of society still does “normal” things like construction, manufacturing, sales, etc. "Normal" is when you build schools, hospitals, community centers and affordable houses and you produce only several kinds of refrigerator for the whole world, streamlining their production and servicing. Not when you construct factories, warehouses, office skyscrapers and shopping areas where those same goods wi…

You are coming from the socialist angle, which is a loaded word that will probably derail the conversation, but essentially you see the free market and competition as a waste of resources that harms society.

The base argument is that we don’t need 80 brands of deodorant, and the fact we have so many is a colossal waste of resources, duplication, and moral failure of society.

Whereas I see 80 brands of deodorant and think it’s a wonderful example of how hard entrepreneurs work to satisfy all manner of wants and needs, ultimately driving down the price of deodorant and giving me a range of options. A government bureaucrat managing the country’s only deodorant factory could never possibly match the range of options and preferences that the market has provided me.

This is the fundamental difference in philosophy between real socialists (aka, not “keep the market but make healthcare free” milquetoast socialists but “make the private sector illegal” socialists) and free market advocates. I prefer a world that constantly competes to satisfy my needs, and all of the “waste” you see is just the process of satisfying everyone’s needs.

Re: Is everything an MLM

#97
post #83

Earlier quoted context omitted.

The economy that you describe, is the simplified econ 101 version. The market fixes everything, and the invisible hand steers everything to optimality. The human being you describe in your last paragraph is from the same economics textbook: A perfectly rational human being making rational decisions 24/7. Both are simplified models that help doing some undergrad economics...but are absolutely insufficient to explain t…

The alternative to letting the individual determine what they want is to let someone else choose for them. I’m arguing on fundamental principles because the parent commenter is advocating a reorganization of market-based economies. I don’t care how complex the system is. If you aren’t letting me, the individual, determine what is best for my life, then you are coming from a place of superiority and belief that you kn…

Often the choices made by "the individual" don't account for externalities that aren't built into the price. Viz landfills, climate change, effect on those with less economic resources.

Re: Is everything an MLM

#98
post #96

Earlier quoted context omitted.

> However the majority of society still does “normal” things like construction, manufacturing, sales, etc. "Normal" is when you build schools, hospitals, community centers and affordable houses and you produce only several kinds of refrigerator for the whole world, streamlining their production and servicing. Not when you construct factories, warehouses, office skyscrapers and shopping areas where those same goods wi…

You are coming from the socialist angle, which is a loaded word that will probably derail the conversation, but essentially you see the free market and competition as a waste of resources that harms society. The base argument is that we don’t need 80 brands of deodorant, and the fact we have so many is a colossal waste of resources, duplication, and moral failure of society. Whereas I see 80 brands of deodorant and t…

> essentially you see the free market and competition as a waste of resources that harms society.

GP made no general statement of this sort. Misrepresenting other perspectives is boring.

Re: Is everything an MLM

#99
post #70
post #68

Earlier quoted context omitted.

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

>> It’s not on someone else to tell me what I should and should not want. That's true. >> If I desire it and a company provides it for a price, it doesn’t matter that the smart refrigerator is a waste in your vision. People are not good at knowing(or at least acting) on what will make them deeply happy, happier over the longer term, or even just happy. Psychological research tells us that. Add to that the power of ad…

Is that really true that the majority of people don't know what will make them happy? I mean yeah, there's a lot of tragic and unhappy people out there, but is it enough that we need to question the nature of our society?

I, and most people I know, are pretty happy. Not every choice I make turns out well, but at least it's my choice and I accept the consequences. There are a few chemically depressed people in my social circle, but it's pretty clear to me that they would be depressed no matter how you reorganize society.

Re: Is everything an MLM

#100
post #68

Earlier quoted context omitted.

I’m sorry that this is your world view, because it is deeply flawed and focusing on such cynicism leads to depression. Most of HN lives in a tech bubble where everyone is focused on building semi-useless software like you describe. However the majority of society still does “normal” things like construction, manufacturing, sales, etc. and some sort of fundamental reorganizing of society on non-market principles doesn…

>> It’s not on someone else to tell me what I should and should not want. Let me give you the news: companies have like..., forever, being in the business of telling others what they should want or not. This is called advertising. This is essentially what every company in the so called new economy, large or small, does to make money. In a modern capitalist economy, nobody cares about the needs of others. The goal is…

>> It’s not on someone else to tell me what I should and should not want. >> This is called advertising.

And because that's annoying we have ad-blockers and TiVo and premium streaming and no-soliciting signs. There are better ways to market that don't involve disingenuously telling someone what they want.

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