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> And it just so happens that the current system we came up with - a mixed market with a strong, democratically elected public authority, yet freedom for indivi
by surgical_fire 4y ago
> And it just so happens that the current system we came up with - a mixed market with a strong, democratically elected public authority, yet freedom for individuals to pursue taxable profits
This is naive to the point of absurdity, when the rich and powerful quite often are gifted loopholes for the profits to not be taxable, with a wink and a nudge from the "democratically elected public authority".
I would certainly love to live in your illusion that "we are privileged to live in a society where the powerful are so limited in what they can do with their power" when they are constantly bailed out from their mistakes and get literal "get out of jail free cards" from their misdeeds. Things that would get you in prison get them a slap on the wrist at most.
- cornholio 4y ago[flagged]
- foverzar 4y ago> and by living I mean bring your backpack and no cash, and try to make a comfortable life, obtain employment or start a business without using your existing capital or home country connections. I don't really suppose the experience would be vastly different to being an alien in an OECD country, tbh.
- surgical_fire 4y ago> You can easily test the strength of that illusion by living for a time in almost any non-OECD country I lived in both sides of the fence, don't worry. > just that we need to appreciate what we have and not talk out of our behinds about the oppression Yes, I'm thankful to be able to discuss with you how badly we are screwed without fear of getting even more screwed. What else should I be thankful for that our benevolent ruling class gives me? That they don't behead me and put my head on a stake? You seem to mistakenly believe that I would like to burn down the system to live under a Khmer Rouge 2.0. I just don't live under any illusion that our ruling class is benevolent. That they exert their power through political influence and crony capitalism instead of just coming to my house and murdering my family is not something to be thankful for.
- cornholio 4y agoWhen I say "appreciate" I don't mean it in a peasant to senior kind of subservient humility, to be thankful for the crumbs. Rather, to stop and understand the subtleties of our setup and how much of our unprecedented wealth and freedom results from perhaps not very obvious design choices. Every possible system we can come up with has to deal with the problem of human greed, corruption, tribalism. There is no magical alternative around the corner where public officials are virtuous and competent - they are just as bad and greedy as the capitalists, only now they control not only the government but also all economic activities. As a person who lived in a Stalinist economy and the robber baron transition to market economy that followed it, let me reaffirm what you probably experienced yourself: you really really don't want to give control of the economy to the political elites. Is a better and fairer world possible? Yes, I'm absolutely sure of it. But it will necessarily be an iterative redesign of our own. We'll still have capitalism in the sense of capital ownership and market competition, but maybe you would have an universal income that you can invest in any company. We will still have jobs but perhaps no more wage slavery, with enough robotic productivity to make housing, food and physical safety universal rights.
- foverzar 4y ago> the rich and powerful quite often are gifted loopholes for the profits to not be taxable. Those loopholes aren't free and their nature is typically temporary. One example would be tax cuts in exchange for committing to provide N jobs.
- surgical_fire 4y agoNothing is more permanent then temporary loopholes. They exist only for long enough time until the next loophole is put in place. > One example would be tax cuts in exchange for committing to provide N jobs. Gotta love this one. Trickle down economics at its best. "Thanks for going through the trouble of getting richer by expanding your business. Here's some extra tax exemptions for your sacrifice. The silly peasants will pay taxes in your stead".
- greyface- 4y agoOne counterexample would be Peter Thiel's Roth IRA.
- JoeJonathan 4y agoThey’re not free, but they’re cheaper than taxes.
- plagiarist 4y agoThey get a tax cut and commit to paying N people less than the value they create for their companies, what's the cost? You must have accidentally erased that part while editing.
- kwhitefoot 4y ago> tax cuts in exchange for committing to provide N jobs. Does this ever work? That is does it work better than not giving tax cuts in the long run. Committing costs very little, especially if the tax advantages are not clawed back if the jobs fail to materialise. How does one really measure the number of jobs created by the tax cut versus those that might well have been created even if there were no tax cut.
- ambientenv 4y agoExactly. Democracies, it turns out, are actually very difficult to fully implement for a plethora of reasons. We, for the most part in the "west" live in a technocracy to which governing bodies are subservient and acquiescent. My personal desire is that as our current world continues to unravel, enough people wake up to this fact and say, "no more". That would be a grand step towards a better democracy.
- deleted 4y ago[deleted]
- tobias3 4y ago“Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.” Applies to the democracy + capitalism combination, as well. We can try to improve upon it, but should be carefull to not kill the goose that lays the golden eggs.
- Eddy_Viscosity2 4y ago"Except for all the others, democracy is the worst form of government"
- surgical_fire 4y agoOne can believe that the combination of democracy and capitalism is the best thing humanity could come up with, and realize it still sucks. Humans are tribal above all else. We evolved to cooperate on small bands hunting animals in some African savannah, not to cooperate in large scale as the world we create requires. Any government system we come up with will become dysfunctional because we are unfit for the world we created. My point still stands. The ruling class is as powerful as they always were, and operate on rules designed by them, so that they can better oppress the lower classes. And I don't advocate that a different system would be any different. There will always be a ruling class.
- JumpCrisscross 4y ago> naive to the point of absurdity, when the rich and powerful quite often are gifted loopholes for the profits to not be taxable This is not how I read OP. You’re reading a Panglossian “we’re in the best of all worlds.” I read we’ve found a good solution, but it’s a work in progress. Democracy alone has evolved through the centuries, ranging from electoral fetishism to enlightened autocracy. Progressive taxation, meanwhile, is a mostly modern invention. Yes, it’s easier to take a cheap shot at how the rich are powerful, but that’s OP’s other point, the rich are always powerful. How they are incentivised to use that power, and how they accumulate it, is a much more productive (and intellectually challenging) discussion than pointing out we aren’t in a utopia. (We know that. Everyone knows that.)
- surgical_fire 4y agoThe rich will always be powerful. The irony is that we do live in the best of all worlds, but it still sucks. There's no utopia, there's only dystopia. And I disagree that democracy will ever be improved, at least not with humans at the helm.
- JumpCrisscross 4y ago> I disagree that democracy will ever be improved, at least not with humans at the helm Again, this is an easy and thoughtless take without a proposed alternative. (Benevolent AI is just benevolent dictatorship with a veneer.) It's also gratingly at odds with very modern history. History that, granted, is not part of our public education corpus.
- surgical_fire 4y agoI proposed no alternative because there is no alternative. A benevolent AI would not work as humans will be the ones to define the constraints under with the benevolent AI operates. Make no mistake, the ruling class will define constraints that will give them more power. My remark about "humans at the helm" may have given you the false impression that I am optimistic about technology solving our societal woes. I apologize for that. I state that there's no eucatastrophe to save us from ourselves. My remark was intended as a sardonic statement that while there are humans, nothing will ever be improved. These problems are as old as humanity, and will only cease being problems when humanity ceases to exist.
- plagiarist 4y agoEverything from wage theft to dumping millions of gallons of crude oil in bodies of water is little more than a fine if you are a registered corporation.