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Poor people are good at explaining their failures
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2014 Sep 23, 3:29am 25,340 views 60 comments
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CL
2014 Sep 23, 9:02am
They, on the other hand, can "blame" themselves and improve their strategy for the next round.
But, if even at "full employment", we had 4% by design unemployed, that is 6 and a half million people! There are many guaranteed losers.
What is the point of THAT game? To prevent wage pressure on the owners?
Peter P
2014 Sep 23, 9:04am
What is the point of THAT game? To prevent wage pressure on the owners?
It is simply a result of all the dynamics at play, projected as arbitrary numeric measures.
MisdemeanorRebel
2014 Sep 23, 9:08am
What is the point of THAT game? To prevent wage pressure on the owners?
Yes.
Consider the explosion of efficiency and technology - invented by people like Berners-Lee and funded mostly by the Government - and how little of that has trickled down to a better standard of living.
Since the Golden Age 50s and 60s when the tax rate was confiscatory on the rich, we've had Faxes, Beepers, Cell Phones, Computers, the Internet and now Smart Phones. Yet Joe Schmoe's basic standard of living hasn't changed much since the late 1970s, maybe it's worse because two-income families were rare even as late as the 70s. Yet the top .1% are substantially richer. Yet the country could not survive, much less thrive, one day without the World Reserve Currency.
Very bizarre!
CL
2014 Sep 23, 9:10am
What is the point of THAT game? To prevent wage pressure on the owners?
It is simply a result of all the dynamics at play, projected as arbitrary numeric measures.
Yes. So if the game were "I am King, and therefore have all the riches. You are not, therefore you do not", then everyone who was not King would not be so due to their own lack of ambition?
Peter P
2014 Sep 23, 9:15am
Yes. So if the game were "I am King, and therefore have all the riches. You are not, therefore you do not", then everyone who was not King would not be so due to their own lack of ambition?
But that is not capitalism, is it? ;-)
They can also be "kings" in their domain. Or even kingmakers. Labels only go so far.
Criminals are also quite good at explaining their success. For example, do you think Hank Paulson would admit to his wealth coming from securities fraud? It goes both ways.
MisdemeanorRebel
2014 Sep 23, 9:33am
or Bill Gates from stealing ideas from Xerox Parc.
or Jobs from both Xerox AND ripping off Wozniak (and countless others, don't forget to backdate the stocks!) from day one.
or Rothschild and the battle of Waterloo...
Peter P
2014 Sep 23, 9:37am
Perhaps life is about what you can get away with? :-)
But the hilarity comes when nobody escapes death in the end. Either you die without accomplishing anything, or you die DESPITE accomplishing everything. A tragedy nonetheless.
Peter P
2014 Sep 23, 10:26am
Looks like having an eye-catching profile image does have a huge effect on traffic.
Peter P
2014 Sep 23, 10:58am
Looks like having an eye-catching profile image does have a huge effect on traffic.
What image??
The blue fish.
Strategist
2014 Sep 23, 11:05am
Perhaps life is about what you can get away with? :-)
But the hilarity comes when nobody escapes death in the end. Either you die without accomplishing anything, or you die DESPITE accomplishing everything. A tragedy nonetheless.
Who cares. I just wanna have fun.
Strategist
2014 Sep 23, 12:32pm
It's next to my threads and comments.
It's the wine. He just reminded me that "dogs bark"
Y
2014 Sep 23, 3:10pm
Shop bitch is still awake, but still mopping up the thunderbird freezer at the 7/11....he'll be online soon..
Wine?? You're think about sbh..
Ha Ha... I was just checking to see if he was awake!
ChapulinColorado
2014 Sep 23, 3:20pm
To argue that 100% of the cause of poverty is the laziness of the poor is just plain asinine.
OK, just 99%. Happy now?
Peter P
2014 Sep 23, 3:30pm
Self-limiting beliefs are much worse than laziness. Good news: belief systems can be adjusted.
CL
2014 Sep 25, 2:14am
Yes. So if the game were "I am King, and therefore have all the riches. You are not, therefore you do not", then everyone who was not King would not be so due to their own lack of ambition?
But that is not capitalism, is it? ;-)
They can also be "kings" in their domain. Or even kingmakers. Labels only go so far.
You believe that we live in a meritocracy? The point of the King analogy, is that there is limited capacity for jobs and goods. You can distribute them to one person, 1000 people, or to everyone to varying degrees. If you can acknowledge that one man having everything is wrong, then is 2 better? 200 Million? What does the scale look like in a good economic system?
What makes you think that where we are at on the scale is good enough? That somehow we landed on the right way to distribute goods?
Hardworking people can't afford to buy the goods they make. Others can't even afford basic shelter. Still others can't even get a job.
Try harder! There are chairs for you!
Peter P
2014 Sep 25, 3:08am
The point of the King analogy, is that there is limited capacity for jobs and goods.
But people all want different things.
Hardworking people can't afford to buy the goods they make.
We cannot expect Rolls Royces craftsmen and Gulfstream engineers to afford their own products. But they are proud of their work. :-)
Besides, we are in a period of adjustments. Some call it global wage arbitrage. It has been happening for many years now, and I am surprised that real wage did not drop much. When the labor costs of all productive countries are equalized, everybody will see real growth again.
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Jack Ma, the richest person in China, said that poor people over 35 years old deserve their predicament.
He is 100% right.
Mr. Ma was a poor school teacher. He went on to become a multi-billionaire because he was determined to overcome obstacles. He went against the naysayers and built the largest technology company in the world's most populous country. He seized the opportunity and he took action.
Poor people are good at shifting blame to the society. The subscribe to theories that explain their condition as "unfair" policies or bad hands.