[h4]Michael Pachter is laughing at you all.[/h4]
Get some business sense.
Only if you assume that maximising profit is actually a good thing.dragonnewby said:To all the complainers in this thread: If the board of directors of an extremely successful company thinks that this man is worth that much, and they are making profit based on that assumption, both he and the board of directors are doing something right.
Except it was not. Go ahead, find me a study that says that profit maximization as a whole is "detrimental" as you put it instead of just case studies. And I'll show you multiple states where they decided to take profit incentives away. Haven't you heard enough horror stories about Soviet Union? No one wanted to work, no one wanted to do anything, the state fell apart extremely quickly. People need a goal, an incentive to do work and profit maximization does exactly that. Capping that profit with an arbitrary ceiling is like destroying the full potential of capitalism.Lawyer105 said:Only if you assume that maximising profit is actually a good thing.dragonnewby said:To all the complainers in this thread: If the board of directors of an extremely successful company thinks that this man is worth that much, and they are making profit based on that assumption, both he and the board of directors are doing something right.
By and large, the maximisation of profit generally results in a detrimental cost for humanity and society as a whole. This has been demonstrated repeatedly, in multiple different industries and with multiple different companies. I don't know how anybody still remains ignorant of this...
Never said anything about extremism or Communism. In fact, Soviet Union wasn't even close to Communism. And modern Capitalism isn't even extremist or the opposite of communism since communism is not even an economic system, but a social one. But whatever helps you sleep at night.Lawyer105 said:Nonsense. Extremism of any form is bad. You quite rightly decry the communist extremism of the old Soviet Union, and yet beat your chest about how clearly superior the equally extreme (if diametrically opposed) capitalist system is. The hypocrisy is staggering - no point continuing this discussion.
Naaah, if I was trolling you it'd be something more like this.Lawyer105 said:And that's the point where I realised you're just trolling. Doh. Alright, I admit it - you got me.Kelgair said:And that's the point I lost interest in your reply. If you consider receiving a wage to be a form of slavery -snip-
There are. Multiple.dragonnewby said:PS: Capitalism is not a perfect system, but it is still better than any other.
Havent you heard of the soviet union? a totalitarian regime that lasted over 80 years where the main motivator for police was "kill quotas" because a one-man personality cult decided so. Soviet Union problems had nothing to do with economy, but with society, proving that humans are greedy and given the chance can and WILL kill others to get what they want. if anything, Soviet union has proven how bad Plutocracy is.dragonnewby said:Haven't you heard enough horror stories about Soviet Union? No one wanted to work, no one wanted to do anything, the state fell apart extremely quickly. People need a goal, an incentive to do work and profit maximization does exactly that. Capping that profit with an arbitrary ceiling is like destroying the full potential of capitalism.
Careful there. Apparently on this forum you can get banned for calling other person a troll.Lawyer105 said:And that's the point where I realised you're just trolling. Doh. Alright, I admit it - you got me.
In which case you wouldnt know what trolling is. Satire (however poor) is not trolling.Kelgair said:Naaah, if I was trolling you it'd be something more like this.
Oh cruel slavery
Receiving money for work
My latte is cold
Eh, in my experience there are many forms of trolling, satire/mockery is but one as long as it gets a rise out of someone. Admittedly I skipped the insincere "oh yes, wage slavery is an actual thing and bad" intro mockery, but I was already accused so figured I'd just give an example of the less subtle stuff I'd have given him if I was actually trolling.Strazdas said:In which case you wouldnt know what trolling is. Satire (however poor) is not trolling.
Satire and mockery are not forms as trolling, altrough most people mix that up. a person is not a troll for mocking you, hes just an ass. The reader will not evne understand that you are insincere if you are trolling, and if you are really good at it he will be the only one not understanding it. It saddens me to see that people think that mockery is trolling. Thats like surgery being downgraded to pulling spider legs.Kelgair said:Eh, in my experience there are many forms of trolling, satire/mockery is but one as long as it gets a rise out of someone. Admittedly I skipped the insincere "oh yes, wage slavery is an actual thing and bad" intro mockery, but I was already accused so figured I'd just give an example of the less subtle stuff I'd have given him if I was actually trolling.Strazdas said:In which case you wouldnt know what trolling is. Satire (however poor) is not trolling.
Strazdas said:The reader will not evne [sic] understand that you are insincere if you are trolling, and if you are really good at it he will be the only one not understanding it.Kelgair said:Admittedly I skipped the insincere "oh yes, wage slavery is an actual thing and bad" intro mockery,
Kelgair said:but I was already accused
C'mon, you can follow this.Kelgair said:so figured I'd just give an example of the less subtle stuff I'd have given him if I was actually trolling
My point was, that if you were actually troling, such example would not apply, as this example is not trolling.Kelgair said:Strazdas said:The reader will not evne [sic] understand that you are insincere if you are trolling, and if you are really good at it he will be the only one not understanding it.Kelgair said:Admittedly I skipped the insincere "oh yes, wage slavery is an actual thing and bad" intro mockery,Kelgair said:but I was already accusedC'mon, you can follow this.Kelgair said:so figured I'd just give an example of the less subtle stuff I'd have given him if I was actually trolling
Eh, and if I was actually trolling the example would've had a few posts of insincere setup to go with it. I've actually done it before with similar haiku's being the culmination of the troll. I just hated to waste good mockery in this case.Strazdas said:My point was, that if you were actually troling, such example would not apply, as this example is not trolling.
Please do tell me, what is this better economic system you speak of?Strazdas said:There are. Multiple.dragonnewby said:PS: Capitalism is not a perfect system, but it is still better than any other.
Also you sound like becasue there is capitalism we cant find a better system?
Umm yeah... "humans are greedy" is basis of how capitalism works. It's why it works and why no other system has managed to outdo what capitalism does. I'm not saying that humans are good or bad, I'm saying that capitalism is a great system for our current world and people.Strazdas said:Havent you heard of the soviet union? a totalitarian regime that lasted over 80 years where the main motivator for police was "kill quotas" because a one-man personality cult decided so. Soviet Union problems had nothing to do with economy, but with society, proving that humans are greedy and given the chance can and WILL kill others to get what they want. if anything, Soviet union has proven how bad Plutocracy is.dragonnewby said:Haven't you heard enough horror stories about Soviet Union? No one wanted to work, no one wanted to do anything, the state fell apart extremely quickly. People need a goal, an incentive to do work and profit maximization does exactly that. Capping that profit with an arbitrary ceiling is like destroying the full potential of capitalism.
In my job and others I've seen, the CEO works more than everyone. My CEO has worked 60+ hour weeks, and actually probably does a lot. Because some don't do as much work as some people that means that they are all lazy and do the least amount of work, right? Oh, but since you, the most important person on Earth, worked harder than they do, that obviously means that they didn't lift a finger and did the least amount of work as anyone.Lawyer105 said:Don't be so naive. I've been in the real world. I've worked with CEO's of big multinationals. Hell... in some cases, I've even been "in charge" of reviewing their pay packages (in as much as I had any say in the matter...). The vast majority work hard... I don't deny that... but they don't work any harder than I used to, and most of them work less. THEY would go home to their families, while I was still sweating away over the files/accounts/other stuff and say "I'll look at it tomorrow morning... just make sure it's done!"Assassin Xaero said:And what exactly makes you think he is doing the least amount of work? Do you think a CEO just sits there doing nothing all day? Maybe once you get into the real world you'll understand.Adam Jensen said:But this is still too much for one man who's doing the least amount of work.
Maybe it's you that needs to spend some time in the real world...
Can't tell if Muse quote or general sentiment :/Me55enger said:It's time the fat cats had a heart attack.
Well environmentalism is better for one.dragonnewby said:Please do tell me, what is this better economic system you speak of?
Umm yeah... "humans are greedy" is basis of how capitalism works. It's why it works and why no other system has managed to outdo what capitalism does. I'm not saying that humans are good or bad, I'm saying that capitalism is a great system for our current world and people.
Also, the killings in Soviet Union has nothing to do with why it fell apart. It's because of its awful economy. People refused to work because they had no incentive to. Planned economy is worthless and will always be a laughing stock because of how corrupt and inefficient it is.
Capitalism is not planned economy. Planned economy means its government-controlled. Capitalism, in its true state, has no government control.Strazdas said:Well environmentalism is better for one.dragonnewby said:Please do tell me, what is this better economic system you speak of?
Umm yeah... "humans are greedy" is basis of how capitalism works. It's why it works and why no other system has managed to outdo what capitalism does. I'm not saying that humans are good or bad, I'm saying that capitalism is a great system for our current world and people.
Also, the killings in Soviet Union has nothing to do with why it fell apart. It's because of its awful economy. People refused to work because they had no incentive to. Planned economy is worthless and will always be a laughing stock because of how corrupt and inefficient it is.
Resource-oriented economy is also better though without practical trials yet.
There is plenty. Profits are not descriptor of economic sucess.
Yes, capitalism exploits the bad side of human psichology and makes it the norm. Hurray? Capitalism is not great, it simpyl works because we as humans refuse to change, even thouh we do know it would be better with change.
Killings had nothing to do with it? tell that to the Ukrainians...
Soviet union had centralized capitalism. It is awful i agree. So is decentralized capitalism. Capitalism IS planned economy. Only very small and ineffective companies do not plan years ahead now. If planned economy is worthless, then capitalism is worthless. you defeated your own argument.