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Didn't you JUST put up a thread about how Americans aren't working enough? Everyone I know is either overworked or unemployed. There is no contradiction here. In fact, from the boss class's point of view, they are highly complimentary.
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The U.S. is the Most Overworked Developed Nation in the World – When do we Draw the Line? Submitted by G.E. Miller on Tuesday, 12 October 2010 http://20somethingfinance.com/american-hours-worked-productivity-vacation/ We, as Americans, work too many hours. If you don’t believe so, check out the following data points that compare us to our
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Total U.S. Manufacturing capacity = 72.2%. People need goods, producers need compensation. Facilitating that is the ONLY purpose of money. Right now, there are a lot of people going without things they need, and a lot of producers who could be producing a lot more. The problem is it's not being facilitated. Start throwing money out of helicopters
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" money != goods" unemployment = unitilized capacity = less total REAL WEALTH. full employment = maximum capacity = maximum total wealth produced. I think you missed the entire point of the article. Just admit that what "the market" means to you is the wealthy having their every whim catered to and to hell with anyone else. Admit
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Why Printing Money Makes Sense Right now, even a counterfeiter issuing dud dollars would be better for the economy than our deficit-fixated policymakers By Dean Baker October 13, 2010 " The Guardian " --- Beneficent Counterfeiters and Economic Stimulus President Reagan once famously quipped that everyone who is supports abortion has already
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This is currently the most emailed story at the New York Times: it's titled "3-D Printing Spurs a Manufacturing Revolution," and it's about how 3-D "printers" are moving from small-scale prototyping and model-making tools into full scale production, including a "printer" the size of a tractor trailer that can make
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@ Solid Well, here's how I conceive of "democracy" - a nation (or group) is democratic to the extent that the policies of the government (or leadership) matches the preferences of its constituents. If I were to gauge how "democratic" a nation is, I would do a survey of random people who live there and ask them to what degree
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I'll never understand the argument that a dollar is a 'market signal' but a vote isn't and can't be. Both are indications of preference with their own advantages and disadvantages. As to pirates, I'd think "buying votes" would lead to a very fair distribution of booty, whereas an autocratic captain would probably keep
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Also, you're right - that Lew Rockwell article is really interesting
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@ WIlliam I agree with critiques of centralization, but I don't see how critiquing centralization per se is a critique of democracy per se . There's no inherent reason as far as I can see why there can't be many small decentralized (and possibly Federated) democracies. Athens and Corinth and Thebes could all be democracies and all have a