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Failure of private property based capitalism ?

This topic contains 267 replies, has 17 voices, and was last updated by Profile photo of jens jens 1 hour, 4 minutes ago.

Discussions Politics Failure of private property based capitalism ?

Viewing 10 posts - 151 through 160 (of 268 total)
  • #1699601
    Profile photo of jensjens
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    jens

    halcyon, can you please explain your 10 types of people, when those who do and do not understand “binary” – (what is that? ) –  identifies only 2 types ?

    As to your reference  to  an “easy get rich scheme” by Dotcom,  that is no more evidence against  the advantages  of private property based  capitalism  than our  daily  advertisements to buy  Lotto  tickets.

    nzar82947 –  just in case you got appalled by all these  digressions,  why not just ignore them  and  think about discussing the pros and  cons  of moving along the  Third Way towards at least  a  meaningful level of  personal capital ownership by all  citizens  eventually,  as suggested  8 or 9 postings  ago on Oct. 18th ?

    #1699602
    Profile photo of CriticCritic
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    Member since: June 6, 2011
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    Critic

    I doubt that anybody in their right mind would want to discuss your turd way on a thread that is unrelated jens….. didn’t you start a thread of that title? why are you trying to peddle your sows ear on this thread as well? does it require a hard sell?
    There is very little to discuss about the turd way and so you get into repeating yourself is that how you communicate in Estonia?

    Anyway I understand you have no respect for the hopes and aspirations of the many generations of kiwi’s that contributed to the investments in infrastructure nor respect for the fact that their Interests in those investments were concealed and transferred for pecuniary advantages because greedy little sods had similarly no respect even for the laws but….
    I will show you the respect of repeating myself because I know that is your culture certainly on grownups…. Soooo

    don’t forget now….

    The repossession of stolen property (electricity)- is really easy if you recall.
    First turn off the power at the mains switch then bridge or join the two heavy red wires running into the meter part…

    I don’t mind reminding you of the freedom of choice like one would expect in a real democracy where you have choices rather than having louts insisting that poor folk must save up for a glass of water or insisting that they should pay for stolen property

    repo jobby 8

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    #1699614
    Profile photo of halcyonhalcyon
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    Member since: May 4, 2014
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    halcyon

    Jens, you have answered your own question. Your problem is that you only view the world from only one perspective. Expand your options and increase your view.

    We commonly use ‘base 10’  (0 – 9) for our math. Binary numbers are based on ‘base 2’ (0 – 1). therefore 10 = 2. (0 = 0; 1 = 1; 10 = 2; 11 = 3)

    Thank you for proving my statement.

    I behave therefore I am.
    (Apologies to B F Skinner and Rene Descartes)

    • This reply was modified 3 weeks, 5 days ago by Profile photo of halcyon halcyon.
    #1699621
    Profile photo of jensjens
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    jens

    Dear halcyon  –  the perspectives opened up as  based on the  binary numerical system still do not alter any physical  facts, nor that  2+2=4   –  or do they?

    If so,  then can you illuminate us please what superior alternatives can  or have binary  numerals revealed  as more  fair and  effective in an egalitarian sort of  way –

    than participation in private  property based  capitalism by all  ?

    #1699636
    Profile photo of halcyonhalcyon
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    halcyon

    Jens, does 2 + 2 = 4? Only because convention tells us so. And this is why you believe that “private property based capitalism by all” is the ‘answer’ to the world’s problems. But does it? Maybe it does if you start from the hypothesis that answer holds true.

    After all 1 is not the square root of 2. Rather1.41421356 is the square root of two.

    So sometimes the obvious answer is not the answer.

    What difference does having $1000 savings in an account make  to  Bill if he has no money in his pocket and is hungry? To him that investment in private property is only of use if he can realise the money to address his needs.

    I behave therefore I am.
    (Apologies to B F Skinner and Rene Descartes)

    • This reply was modified 3 weeks, 5 days ago by Profile photo of halcyon halcyon.
    #1699642
    Profile photo of jensjens
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    jens

    Dear  halcyon.

    To whom  it might be obvious that the square root of 2 is 1 ? – Perhaps someone  might guess so  who does not know what  a “square  root” is?

    Btut even Einstein’s  relativity concepts  don’t alter the  fact that  2+2=4 which even illiterate  people can prove for all practical purposes,  and as far as I know, there is  no evidence so far, that the not yet fully understood Quantum Mechanics apply to  the  measurable  processes and dimensions of our  existence.

    Halcyon  – in a truly bad case, would not a savings reserve of $1000.-  be a real  life saver ?

    So –  if you are poor  but not  in that  critical  situation, – (as many  have-not immigrants are for a start) –  would not  your  first  priority be to save up  some  capital reserves, and if  you had   the emergency  to have to spend it, then start  immediately  building it  up again for the next  emergency?

    Would not only a  deliberate  sponger  or  gambler  deliberately  evade accumulating  some   security reserves that  might  disqualify him  for  charity in a situation of need  ?

    What  alternative to relative economic  security and prosperity can there  be  to  wealth creation and ownership ?  

     

     

     

    #1699658
    Profile photo of halcyonhalcyon
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    halcyon

    Jens, can you explain how that $1000 can be a life saver for Bill in the example I gave you?

    I behave therefore I am.
    (Apologies to B F Skinner and Rene Descartes)

    #1699680
    Profile photo of jensjens
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    jens

    Halcyon  –  in a  widespread starvation situation because of  a natural or  human calamity, in exchange for some wealth  someone in a slightly  better  situation  might choose  to help Bill before  someone  without  anything  to donate  in return for the  help.

    Is this not  also  normally  accepted and  natural  behavior generally,  as it  says in the  “Good Book”  –  ” to those that  have  shall be  given” ?

    Don’t we  even in our  welfare  society   frequently have to  wait  longer  for some  services  than if  we had ( $1000.-)  reserves  to  pay for it ?

    And even only a  Life Insurance  Policy without  actually owning a certain  sum, makes it  easier to obtain credit at a more  favorable rate  than if you own nothing and have no history  of  saving willingness and capacity.

    Halcyon –  did you really not  know  about all that, or  is it just a somewhat  obvious but unrealistic “first impression” in your mind, which the binary  (instead of the  decimal?) numbers  system  might reveal  to those who  know it –

    as only the apparent, imaginable –  but not the real truth  ?

     

    #1699681
    Profile photo of halcyonhalcyon
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    halcyon

    Jens, obviously you have not been in Bill’s situation.

    The justification you give for The Third Way is basically no different from what we have now.  You fail to factor in human nature.

    I behave therefore I am.
    (Apologies to B F Skinner and Rene Descartes)

    #1699692
    Profile photo of jensjens
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    jens

    halcyon –

    you are  right that with  our permanent(?) NZ Super Fund  savings into a  permanent(?) NZ Super Fund – and potentially  universal  participation in KiwiSaving (with even Bill having $1000.- to his  credit  within the NZ Super Fund) –

    we are on the  threshold of the  third way  with at least some (retirement) capital ownership by all  citizens,  which relieves the PAYGO  superannuation financing burden through partially  pre-funding it, + a nest egg, which will be  part of Bill’s estate if he  dies  before age 65 –

     or  which can be  granted  for consumption by him befor age 65  if in serious  life  endangering trouble.

    Happy  with that, halcyon ?

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