Economics Questions

Re: Fun with a friendly Communist on Reddit

Aristippus — Fri, 03 Aug 2012 22:48:39 GMT

There are probably better things to do with your time:

"In every page of David Hume, there is more to be learned than from Hegel's, Herbart's and Schleiermacher's complete philosophical works" - Schopenhauer

Re: Fun with a friendly Communist on Reddit

nirgrahamUK — Fri, 03 Aug 2012 19:44:43 GMT

He must mean the language of Hegel.

Re: Fun with a friendly Communist on Reddit

Wheylous — Fri, 03 Aug 2012 19:38:53 GMT

Hegelonion

I looked that up on Google and I got two hits. One of them was this thread itself. Care to explain?

Re: Fun with a friendly Communist on Reddit

Consumariat — Fri, 03 Aug 2012 12:45:24 GMT

You'll both spend most of your time talking past each other, I imagine; you're speaking different languages philosophically, economically, and ideologically.

I'm inclined to say you're correct (and I'm coming from a more-or-less lefty standpoint). Wheylous will need to learn how to speak Hegelonion, and the communist bloke will need to learn English before anything fruitful comes about.

Re: Fun with a friendly Communist on Reddit

Rcder — Fri, 03 Aug 2012 12:28:27 GMT

You'll both spend most of your time talking past each other, I imagine; you're speaking different languages philosophically, economically, and ideologically.

Re: Fun with a friendly Communist on Reddit

eliotn — Fri, 03 Aug 2012 05:10:45 GMT

Your friend got the role of technology in lowering profits dead wrong. Actually, technology, at least for a short period of time (as profits are temporary), as an improvement for making a particular good, will increase profits, because the firm has reduced costs. Additionally, technology that allows new goods to be made may provide profits to an industry, provided that customers actually want the good. In the long run, there is no such thing as profits generally being reduced, only interest rates from investments being lower. Lower time preference can be caused by productivity increases (as people decide they want to save their increased income/existing savings. True, a shift in time preference may cause some buisnesses to fail, but other businesses will adapt, and still others will enter due to profit opportunities from this new environment.

Re: Fun with a friendly Communist on Reddit

Kelvin Silva — Fri, 03 Aug 2012 04:22:40 GMT

"Communism inherently must have technological advancement to allow an abundance. it requires capitalism first to have the industrial development. Onces industry is free from the shackles of competition between firms, and profit mechanism. Automation would be able to be increased."

Is he hinting at the venus project? No one has to work, machines do everything.

Re: Fun with a friendly Communist on Reddit

Kelvin Silva — Fri, 03 Aug 2012 04:21:15 GMT

sorry.

Re: Fun with a friendly Communist on Reddit

Wheylous — Fri, 03 Aug 2012 02:54:14 GMT

Kelvin, the guy's fairly nice (although imo misguided), so I don't think the sarcasm was warranted.

Re: Fun with a friendly Communist on Reddit

Jargon — Fri, 03 Aug 2012 02:19:57 GMT

Yep, I'm in there. And afraid.

Re: Fun with a friendly Communist on Reddit

Kelvin Silva — Fri, 03 Aug 2012 01:58:19 GMT

you capitalist pig greedy rich fag. exploitation of workers!!!1111oneone workers of the world unite!

Fun with a friendly Communist on Reddit

Wheylous — Fri, 03 Aug 2012 01:55:47 GMT

Here is my innocent question:

http://www.reddit.com/r/Anarcho_Capitalism/comments/xla1w/voluntarist_anarcho_communist_ama/c5nd2fv

I am not very well-read on capital and production, but I have a decent understanding of basic market mechanisms. It seems like this conversation will be fun :D