edgarblythe
 
  1  
Reply Sat 5 Jan, 2019 03:17 pm
@hightor,
It hasn't worked since 1974. Why would now be different?
0 Replies
 
livinglava
 
  -2  
Reply Sat 5 Jan, 2019 03:32 pm
@hightor,
hightor wrote:

I like Hartmann. I don't disagree with his account. But I still don't see why quasi-austerity can't be turned back around and used against the Republicans. I think this would have been pressed earlier had we not gotten ourselves into the endless war mentality after 9/11. As soon as it's politically viable the Dems should start to demand cuts in defense spending. But first we need to see if Trump is really going to cut the number of forces overseas.

Cutting bigger budget items to fund smaller ones more isn't austerity because it doesn't do anything to counteract inflation or reduce environmental/resource impacts and unsustainability.

The only thing that does that is fiscal discipline at the consumer level. In other words, people have to make hard choices to give up some expenditures in favor of others, and try to save more money for the future.

No one likes this kind of general economic austerity because it puts pressure on everyone to make do with less, but making do with less is exactly what cuts fuel/energy consumption/waste, and it's what reduces traffic and makes it possible to narrow roads and plant more trees and otherwise incorporate more carboniferous growth into inhabited areas.

In short, everyone has to cut back their economic footprint in order to reduce their environmental footprint. And what's more, as everyone's spending goes down, prices come down and that makes everyone's savings hold its value more for longer.

If that's not the definition of peace and prosperity, I don't know what is.
georgeob1
 
  1  
Reply Sat 5 Jan, 2019 03:49 pm
@livinglava,
livinglava wrote:


In short, everyone has to cut back their economic footprint in order to reduce their environmental footprint. And what's more, as everyone's spending goes down, prices come down and that makes everyone's savings hold its value more for longer.

If that's not the definition of peace and prosperity, I don't know what is.


Wrong on both counts. Austerity and prosperity are very different things, just as widespread popular opposition to government is different from peace. Government action to force (or tax) people into austerity yields only, sometimes violent, popular opposition (as President Macron of France has discovered.)

Very hard to describe the result as peace and prosperity.
oralloy
 
  -2  
Reply Sat 5 Jan, 2019 04:26 pm
@hightor,
hightor wrote:
I like Hartmann. I don't disagree with his account. But I still don't see why quasi-austerity can't be turned back around and used against the Republicans. I think this would have been pressed earlier had we not gotten ourselves into the endless war mentality after 9/11. As soon as it's politically viable the Dems should start to demand cuts in defense spending. But first we need to see if Trump is really going to cut the number of forces overseas.
Sorry. Americans don't like the idea of allowing the bad guys to conquer and enslave us.
0 Replies
 
oralloy
 
  -2  
Reply Sat 5 Jan, 2019 04:27 pm
@edgarblythe,
MSNBC wrote:
Speaker Pelosi on Black Lives Matter:
"I support the recognition that black lives matter, for sure, and I have incorporated that in many of my statements. All lives matter... we really have to redress past grievances in terms of how we addressed the African-American community."
I really like Mrs. Pelosi. She's my kind of Democrat.
0 Replies
 
livinglava
 
  -1  
Reply Sat 5 Jan, 2019 04:48 pm
@georgeob1,
georgeob1 wrote:

livinglava wrote:


In short, everyone has to cut back their economic footprint in order to reduce their environmental footprint. And what's more, as everyone's spending goes down, prices come down and that makes everyone's savings hold its value more for longer.

If that's not the definition of peace and prosperity, I don't know what is.


Wrong on both counts. Austerity and prosperity are very different things, just as widespread popular opposition to government is different from peace. Government action to force (or tax) people into austerity yields only, sometimes violent, popular opposition (as President Macron of France has discovered.)

Very hard to describe the result as peace and prosperity.

I just described it. Let me give a more concrete example. When you're young, you like eating sweets and junk food. Maybe you eat a lot of them and it doesn't harm your health and you feel it's good because it makes you happy. Then, as you grow older and wiser, you eat less sweets because you see it's unnecessary and you don't enjoy them as much when you gorge yourself. So once you have reached that sweet spot where you eat just enough of the right chocolate or other treat-of-choice, you are happy and healthy and if you ate more than that, you would feel worse and stop enjoying it. I think economists call this 'diminishing marginal utility.'

Now, consider that so many people don't understand this principle works for almost everything in life. Why? Because they are not really focused on fine-tuning their lifestyle to reduce excesses and stress. They are just mindlessly buying stuff thinking that the next purchase will end their boredom and unhappiness, and it does for a little while before they fall back into the want part of the cycle again. This is like switching to caramel when you discover that eating more chocolate isn't making you feel better.

For people who haven't yet realized it, austerity actually makes you feel more satisfied and happy with what you have, because you wait longer to get it and thus appreciate it more once you do. This is timeless wisdom. It is the reason children who get whatever they want get more spoiled and ill-tempered and those that that don't end up happier and more well-adjusted.

Consumerism just doesn't like people not spoiling themselves and their children because businesses make more money the more you buy. If you know you feel happiest and healthiest when you save yourself for one small bar of chocolate on the weekend each week, you only buy that one bar. If, however, you eat more and more chocolate trying to recapture the great feeling of the first one; and then you eventually give up and switch to caramel and repeat the process, you buy a lot more candy, gain a lot more weight, lose a lot more health, and generally end up spending a lot more money correcting the problems you caused by ignoring the simple truth of traditional austerity.

So, yes, peace and prosperity come from austerity for all the reasons I mention here as well as those in the previous post you rejected, and there are still more reasons that I haven't even noted here.
georgeob1
 
  1  
Reply Sat 5 Jan, 2019 06:04 pm
@livinglava,
livinglava wrote:

I just described it. Let me give a more concrete example. When you're young, you like eating sweets and junk food. Maybe you eat a lot of them and it doesn't harm your health and you feel it's good because it makes you happy. Then, as you grow older and wiser, you eat less sweets because you see it's unnecessary …..

Now, consider that so many people don't understand this principle works for almost everything in life. Why? Because they are not really focused on fine-tuning their lifestyle to reduce excesses and stress. They are just mindlessly buying stuff thinking that the next purchase will end their boredom and unhappiness, and it does for a little while before they fall back into the want part of the cycle again. This is like switching to caramel when you discover that eating more chocolate isn't making you feel better.

For people who haven't yet realized it, austerity actually makes you feel more satisfied and happy with what you have, because you wait longer to get it and thus appreciate it more once you do. This is timeless wisdom. It is the reason children who get whatever they want get more spoiled and ill-tempered and those that that don't end up happier and more well-adjusted.

Consumerism just doesn't like people not spoiling themselves and their children because businesses make more money the more you buy. If you know you feel happiest and healthiest when you save yourself for one small bar of chocolate on the weekend each week, you only buy that one bar. If, however, you eat more and more chocolate trying to recapture the great feeling of the first one; and then you eventually give up and switch to caramel and repeat the process, you buy a lot more candy, gain a lot more weight, lose a lot more health, and generally end up spending a lot more money correcting the problems you caused by ignoring the simple truth of traditional austerity.

So, yes, peace and prosperity come from austerity for all the reasons I mention here as well as those in the previous post you rejected, and there are still more reasons that I haven't even noted here.


Fine, but how do you propose to persuade people to seek your peaceful austerity? This is hardly a new dilemma. History is full of contests between Stoicism and indulgence: religions of all stripes have been advocating this (with only marginal success) for millennia.

Those people who seek to impose their concepts of what is good for everyone else on others are usually just as flawed and full of contradictions as the supposedly unwitting masses whom they believe need their guidance. Such "progressive" measures in governance usually lead to tyrannies of the worst sort. Lenin set out to make a new "socialist man" and later found out that not everyone wanted to go along with his program. Lenin then entered a new phase which he termed as "the elimination of the irreconcilables" - a process which led to the extermination of millions. The long term result of his socialist paradise was poverty and tyranny and a regime that collapsed of its own internal contradictions. Its passing was welcomed by all, especially its former subjects.


On an individual basis people can indeed choose to take up your prescription. However efforts to impose it on others immediately bring out the many contradictions in human nature, particularly among those who are in charge of a political process to achieve it.
livinglava
 
  -1  
Reply Sat 5 Jan, 2019 06:24 pm
@georgeob1,
georgeob1 wrote:

Fine, but how do you propose to persuade people to seek your peaceful austerity? This is hardly a new dilemma. History is full of contests between Stoicism and indulgence: religions of all stripes have been advocating this (with only marginal success) for millennia.

By defeating socialism.

Quote:
Those people who seek to impose their concepts of what is good for everyone else on others are usually just as flawed and full of contradictions as the supposedly unwitting masses whom they believe need their guidance. Such "progressive" measures in governance usually lead to tyrannies of the worst sort. Lenin set out to make a new "socialist man" and later found out that not everyone wanted to go along with his program. Lenin then entered a new phase which he termed as "the elimination of the irreconcilables" - a process which led to the extermination of millions. The long term result of his socialist paradise was poverty and tyranny and a regime that collapsed of its own internal contradictions. Its passing was welcomed by all, especially its former subjects.

Right, socialism is pushing the idea of liberal consumerism on all by forcing everyone into a tax-driven rat race to provide everyone else with overpriced healthcare and other overpriced growth-stimulus purchases that only make them and the environment worse off.

Quote:
On an individual basis people can indeed choose to take up your prescription. However efforts to impose it on others immediately bring out the many contradictions in human nature, particularly among those who are in charge of a political process to achieve it.

You're reversing things. Austerity is the default in a free market where government doesn't induce artificial growth, subsidize unnecessary things, and redistribute the money so it circulates more, which sacrifices people's savings to inflation to keep them in the rat race until they die or are exempted by decree.
edgarblythe
 
  2  
Reply Sat 5 Jan, 2019 06:33 pm
When you have millions living together, you have a society that needs a government that works in a way to keep it stable. You can't live like Hugh Glass and fit in such a society. You can't enslave most of the population economically. You can't unjustly imprison, kill and exclude huge chunks of humanity. Without social programs you lose infrastructure, health care, income - Everything that makes life livable. You can't spend most of your income invading nations. Only a controlled economy can allow for the necessities that act as glue to hold a nation together. The U S doesn't have to be another collapsed empire, but it gets harder each year to find cause for optimism.
livinglava
 
  0  
Reply Sat 5 Jan, 2019 06:43 pm
@edgarblythe,
edgarblythe wrote:

When you have millions living together, you have a society that needs a government that works in a way to keep it stable. You can't live like Hugh Glass and fit in such a society. You can't enslave most of the population economically. You can't unjustly imprison, kill and exclude huge chunks of humanity. Without social programs you lose infrastructure, health care, income - Everything that makes life livable. You can't spend most of your income invading nations. Only a controlled economy can allow for the necessities that act as glue to hold a nation together. The U S doesn't have to be another collapsed empire, but it gets harder each year to find cause for optimism.

We have achieved socialism nationally and at a global level. Between coordinated governmental economic policies, organized trade, etc. it has been established that the global economy can be controlled that way.

The problem is that it doesn't result in progress environmentally and socially because of human greed taking advantage of it as a system to procure the same forms of exploitation and environmental harm/unsustainability that occur in unregulated capitalism.

So what you should realize is that it is critically important for people to go from cogs in the socialist machinery of corporations, nations, and global socialist-imperialist trade networking; and begin working toward greater independence at all levels.

Tariffs are just a beginning. We know that the US and China are unstoppable as trading partners, so now the challenge is for those economies to become more locally self-sufficient. Then, it's not just greater regional or local independence we should all be striving for, but also at the household and individual levels we should be applying our ingenuity to reducing our burden on the larger (socialist) economy.

Remember when JFK said 'ask not what your country can do for you but what you can do for your country?' Well, now we should asking what we can do to reduce our burden on the larger economy and thus the environment and future generations. Realizing that socialism is a horrible dead-end is just the beginning and a motivation for moving beyond it. Really it's just for the sake of realizing there's something better than socialism, which is beyond it, that really isn't anything new at all. It's just applying old fashioned ingenuity and independent thinking and effort to burdening others less with our pursuit of our own lives and happiness.
0 Replies
 
georgeob1
 
  1  
Reply Sat 5 Jan, 2019 06:46 pm
@livinglava,
livinglava wrote:

You're reversing things. Austerity is the default in a free market where government doesn't induce artificial growth, subsidize unnecessary things, and redistribute the money so it circulates more, which sacrifices people's savings to inflation to keep them in the rat race until they die or are exempted by decree.


You frequently indulge in these non factual and illogical sweeping superficial absurdities. However this is one of your worst. Just a lot of meaningless babble.
livinglava
 
  1  
Reply Sat 5 Jan, 2019 07:47 pm
@georgeob1,
georgeob1 wrote:

livinglava wrote:

You're reversing things. Austerity is the default in a free market where government doesn't induce artificial growth, subsidize unnecessary things, and redistribute the money so it circulates more, which sacrifices people's savings to inflation to keep them in the rat race until they die or are exempted by decree.


You frequently indulge in these non factual and illogical sweeping superficial absurdities. However this is one of your worst. Just a lot of meaningless babble.

It's all valid and true. The only way austerity is averted is by waste spending, public and private, which prevents saving from overpowering spending. Economics is based on the assumption of rationality, which is valid, except where rationality is perverted to cause irrationality and waste. For example, when restaurants buy in cheap raw foods and produce a lot of different prepared meals so customers have more choice, that is irrationality/waste being fueled by rationally pursuing the spending of customers based on tastes and preferences, which are by definition non-rational. So while there is some rationality in preparing more varied foods to get more sales, the waste is caused by the irrationality.

In a totally rational free market, consumers would save money by purchasing the lowest cost food, whose price is low because the business wastes the least. In such a free market, the consumers and businesses that spend too much run out of money and don't get bailed out. That threat of running out of money is supposed to be strong enough to induce proper rationality and waste-avoidance at all levels. In social-capitalist economies it doesn't happen because of certain governmental and non-governmental barriers that prevent total austerity competition. Socialists loathe and fear such price-competition, calling it a 'race to the bottom.'

Make no mistake, though. If the market was really free to engage in austerity and people could profit and benefit from such 'races to the bottom,' we would end up with a much more resource-conservative and thus sustainable economy. The challenge would be to ensure that no one suffered harm due to no fault of their own, and to do so without stimulating the entire economy to grow more liberal and wasteful.
cicerone imposter
 
  1  
Reply Sat 5 Jan, 2019 08:04 pm
@livinglava,
By your reasoning, your participation in any discussion is not rational. The market is based on supply and demand. That’s Econ 101. FYI, America happens to be the richest country in the world, but poverty is still pervasive. I read some years ago, that the poorest in our country lives better than the richest in some countries. How do you reconcile your belief with this obvious contradiction? https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States#/media/File%3AScreenshot-www.census.gov-2018.09.15-10-25-15.png
livinglava
 
  1  
Reply Sat 5 Jan, 2019 08:14 pm
@cicerone imposter,
cicerone imposter wrote:

By your reasoning, your participation in any discussion is not rational. The market is based on supply and demand. That’s Econ 101.

It's only rational in that it's the most efficient method for distributing information that has the potential to render value wherever it is heeded. If I was printing pamphlets and preaching on street corners, I would reach less people and waste more money, paper, and time.

There's no demand for advertising either, but businesses figure out ways to slip it into your attention so that the seeds of knowing and desiring their product is sowed. I also want you to desire and use my 'product(s)', but they are not something I sell for money.
cicerone imposter
 
  1  
Reply Sat 5 Jan, 2019 08:23 pm
@livinglava,
Looking at isolated cases doesn’t properly answer the issue. Even if CA was to be a country, it would be the 6th richest in the world, we still have our share of people living in poverty. Even within the same cities where the median income may be high compared to other cities, there are still people of poverty. We live in Sunnyvale, CA, where the average income is some of the highest in the US, but home cost from $1.8 to $2 million. I think rent for a similar home or condo can cost upwards of $3,000/month. Other costs are higher, and many have been moving to lower cost housing, but they spend hours for the commute to work. I read of a hi tech worker who lives in Oregon who takes the train, and works for 3 -12 hour days. We’re just lucky we bought our home long before it became Silicon Valley.
cicerone imposter
 
  1  
Reply Sat 5 Jan, 2019 08:43 pm
@cicerone imposter,
https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States#/media/File%3AScreenshot-www.census.gov-2018.09.15-10-25-15.png
0 Replies
 
cicerone imposter
 
  1  
Reply Sat 5 Jan, 2019 08:47 pm
@cicerone imposter,
sunnyvale ca avg income is $109,000. The one blessing from this high cost is that our city is rated the safest in the US based on a report in the San Jose Mercury News. Third year in a row. BTW, over 39 million live in poverty in the US.
0 Replies
 
georgeob1
 
  2  
Reply Sat 5 Jan, 2019 08:58 pm
@livinglava,
livinglava wrote:


Make no mistake, though. If the market was really free to engage in austerity and people could profit and benefit from such 'races to the bottom,' we would end up with a much more resource-conservative and thus sustainable economy. The challenge would be to ensure that no one suffered harm due to no fault of their own, and to do so without stimulating the entire economy to grow more liberal and wasteful.


A free market would never engage in the "austerity" you postulate. Perhaps you could show us an example of a truly free market that sought such austerity.

What you are either unwilling or unable to recognize is the implicit, but unstated, assumption in your babble that some external but unnamed force will constrain that market. Governments do it in several ways, some benign, such as the Fed's efforts (not always successful) to tame the business cycle and limit inflation. Some is not so benign such as efforts to alter the behavior of people, through regulations bypassing the democratic process, and worse, through direct government control of the production of goods and services. This is called tyranny.
cicerone imposter
 
  1  
Reply Sat 5 Jan, 2019 11:21 pm
@georgeob1,
There are examples today. https://theconversation.com/what-the-world-can-learn-about-equality-from-the-nordic-model-99797 However, there are huge differences between the demographics of these countries. Nordic countries are small and more ethnically and culturally homogeneous than most developed countries. These special conditions have facilitated high levels of nationwide trust and cooperation – and consequently a willingness to pay higher-than-average levels of tax.
coldjoint
 
  -1  
Reply Sat 5 Jan, 2019 11:50 pm
@cicerone imposter,
Quote:
There are examples today

Sweden, sure as Hell, is not one.
0 Replies
 
 

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