RE: I Wish This Was A Joke
January 21, 2015 at 12:18 pm
(This post was last modified: January 21, 2015 at 12:25 pm by Heywood.)
(January 21, 2015 at 8:19 am)Cato Wrote: Tortured language and willful ignorance; or, perhaps, intentional deception. You act as if it's difficult to convert money or 0s in a ledger into real goods (stuff). You also have to ignore that money is the market's method of choice for wealth distribution, not stuff. The Gilligan's Island example is pathetic. Money is simply a means of exchange and would serve little purpose in any environment with seven people and limited resources. This line of reasoning is a non-starter as a means of comparison to a global market.
How exactly are the downtrodden expected to magically create more stuff? This is the solution you seem to suggest, right? They own no land, have no capital, and lack access to natural resources. Again, where precisely do you think more stuff is going to come from?
You agree that money is just a tool humans use to exchange wealth.....you said it yourself....that money is the market's method of choice for wealth distribution. The real goods have to exist in the first place in order for money to be exchanged for them.
How about instead of actually taking pieces of paper and 0s off ledgers away from rich people and giving it to the poor, we just give everyone one billion dollars. Easy to do....we just have to turn on the printing presses. Doing this would cause the percentage of money held by rich people to decrease, and the percentage of money held by poor people to increase. It would not, however, substantially improve people lives. Why? Cause money isn't stuff and stuff it what makes people lives better.
(January 21, 2015 at 11:14 am)Mister Agenda Wrote: We don't live on Gilligan's island. We live in a world where Mr. and Mrs. Howell can use that money to get all the stuff they want. And a lot of power, too.
The fraction of the stuff the Mr and Mrs Howells use in the world is tiny compared to the fraction of stuff the deck hands like Gilligan use.