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We had it in the era of America's greatest relative growth (by some measures at least) in the 1950's-60's,they were called beatnik's. The conversation around th
by MathYouF 5y ago
We had it in the era of America's greatest relative growth (by some measures at least) in the 1950's-60's,they were called beatnik's. The conversation around them at the time tightly mirrors that about tangping today.
I've been saying for a while now that China is undergoing a Mccarthy era politically, and that their "summer of love" is less than two decades away, and they'll be radically tranformed by it.
Thanks for the metaphor with the Stirling engine, hasn't heard of that before. Interestingly I've always considered capitalism to only work in a system without scarcity of resources (land, minerals, ect.) as it's often the most efficient way to extract those resources and convert them into more useful products (by humans subjective standards). It's when raw resources are limited that the paradigm for endless extraction breaks down, as there's nothing more to extract, and quality of life starts diminishing as we extract beyond replacement level of natural resources.
But I think your point is about scare processed resources being the motivator for capitalism, and that once the gradient diminishes and the top is warmed enough, and the heat differential with the bottom is less, certain members will opt out of further extraction. This is why inadvertently a lot of conservstive lawmakers advocate reducing entitlements, to artificially "cool" the top plate, to keep the engine turning, even if they don't know for what purpose.
Still, communism even in it's converted versions has not worked (I'm sure you don't seriously consider China's economic system one that is concerned with equal distribution of wealth among the working class right?) and has brought many horrors to those living in states that claim to be using its doctrine, and those failures must be accepted and addressed before better alternative approaches can be considered.
- rbanffy 5y ago> I'm sure you don't seriously consider China's economic system one that is concerned with equal distribution of wealth among the working class right? Absolutely. Quite the contrary, BTW. China proves capitalism works a lot better when there is no democracy to hold it back. And that is terrifying, because others, in a lot of places, are getting that very same idea.
- MathYouF 5y agoIndeed, nationalistic fascism has often had that effect on growing economies, one only has to look at the reverence for 1930's Germany many contemporary American business tycoons had to see respect for growth can lead people astray of what a society is really about. The National Socialist German Workers Party wasn't always as unpopular as it is today, many thought they were doing a great job lifting Germans out of poverty who had experienced the devastation of the 1922-1924 inflation. As an aside you may find the book "How Asia Works" illuminating. All the credit to China's relative success ought not be attributed exclusively to fascism, but many of the things that worked are sort of hybrid attempts at adapting to the global capitalist society with some land reforms (seizures) and protectionist measures mixed in.
- rbanffy 5y ago> many thought they were doing a great job lifting Germans out of poverty There is a highly prized ad for a Brazilian newspaper pretty much about that: https://www.youtube.com/watch?v=PShbxd42JN8 https://www.youtube.com/watch?v=PShbxd42JN8