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Registered Apr 30, 2009

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  • On Wed, 10 Feb 2016, 3:10am PST in If women are paid less for equal work..., Reality said:

    Dan8267 says

    unless of course, they can find someone cheaper.

    Exactly, and that's exactly Patrick's point too: if women were indeed paid less than men for doing the same work, employers would replace male employees with female workers en mass.

    Incidentally, shopping for less expensive alternative is what everyone does most of the time, including you, Dan. Capitalistic Free Market is the recognition of this red pill reality. Socialism is blue pill endoctrination for the masses while inevitably allowing a few socialpaths rise to the top through government coercion. There were plenty bleeding heart liberals among Russians who participated in the overthrow of the Czarist regime, but once state coercion was expanded, they all became hapless victims of the Bolsheviks, even the more intellectual Bolsheviks became purge victims of Stalin and his secret police. Only the scums rise to the top in socialism / state-slavery / bureaucratic societies.

  • On Sun, 7 Feb 2016, 9:52pm PST in Venezuela Is Socialist, Senator Sanders. Any Questions?, Reality said:

    bob2356 says

    Venezuela is socialist like Somalia is capitalist, with the same results. Even that great socialist rag the WSJ can see the difference. Too bad ironbrain doesn't have a clue. . http://www.forbes.com/sites/timworstall/2015/04/07/venezuelas-not-suffering-from-socialism-but-from-anti-marketism/#7003a9a42b5348c87cf42b53

    Somalian economy and living standards improved much faster under their brief period of anarchy in the 1990's than they ever did under socialism: even under no central government protection, the private enterprises built the wireless network for the country, while its former peers continuing on Somalia's previous socialist trajectory, Cuba and North Korea, saw central government active banning of personal computers and wireless phones.

    Tim Worstall's article proves only his own economic illiteracy. Share holding and partnership by private individual choice is not socialism. When Goldman Sachs was a partnership, each partner chose to be part of the partnership . . . quite unlike socialism where everyone is forced into nominal ownership while exercising no management control except the very top 0.001% who garners the real benefit of "state ownership." Worstall utterly fails to realize that when productive capital is not competitively owned by different individuals (or groups of individuals by individual member choice), the myriads of difference uses of a piece of "capital" can not be optimized. Banning competitive market on "capital" (as in "socialism") inevitably lead to waste of capital and resources, just like banning competitive market on consumer goods. There is no clear line between what is "capital" vs. what is "consumer goods." Many "consumer goods" can be turned into productive use and become "capital." A competitive market place is necessary to ensure efficient use. When the revolutionaries took over the French royal library, the revolutionaries had no qualms about burning the books and the furniture to keep themselves warm! That's how state bureaucrats would treat "capital" when they exercise management control while have no ownership.

    "Socialism" is just a 19th century new word for serfdom (and slavery) that was rapidly going out of fashion under the pressure of relative free market capitalism practices that became mainstream in the 18th century. "Political mandate" is just another way of saying "The Divine Right of the King" to override individual choices. They even say "crowning" regarding politicians winning elections!

  • On Fri, 5 Feb 2016, 10:51pm PST in How many good months is enough?, Reality said:

    Two words: Independent Contractor.

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