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  1. bordsilver

    Income inequality, market economics and oligarchs.

    :) Okay I'll tweak my generalisation to be that you dislike thinking about fighting for what could (ought) be in the face of today's reality. Although I am still not disillusioned (yet) my approach and tolerance have changed after the many conversations on here with people like yourself. As I...
  2. bordsilver

    Income inequality, market economics and oligarchs.

    And even though Might Makes Reality, it is not a case of Might Makes Right. People like renovator tend to dislike thinking about what Ought to be because of the reality of Might makes the rules, while I tend to like thinking about what Ought to be and how to use Might to make better rules that...
  3. bordsilver

    Income inequality, market economics and oligarchs.

    Yep. Natural or negative rights are those that can (or simply do) exist universally. Positive rights cannot, by definition, exist universally in all circumstances (hence, I personally refuse to think of them as "rights" rather than as aspirations). For example, everybody in the world can have...
  4. bordsilver

    Income inequality, market economics and oligarchs.

    For more details essentially everything in the International Covenant on Civil and Political Rights (ICCPR) is a negative right while the majority of what's in the International Covenant on Economic, Social and Cultural Right (ICESCR) are positive rights that use government force to redistribute...
  5. bordsilver

    Income inequality, market economics and oligarchs.

    ^ Natural (or negative) rights do not require an obligation from anyone else. In contrast positive rights do require the infringement of another person's negative rights. But I think you already know this.
  6. bordsilver

    Income inequality, market economics and oligarchs.

    ^ I wouldn't characterise it as "hostility to living wages and income equality", I would classify it as a much stronger preference for upholding human rights and civil liberties. As per your posts, doing the latter will naturally address many drivers of income inequality and living wages, but...
  7. bordsilver

    The Federal Reserve System (PART I)

    Well the French had already taken the Rooster and it's better than Mauritius' frickin dodo.
  8. bordsilver

    The Federal Reserve System (PART I)

    ^Is Japan #1?
  9. bordsilver

    Income inequality, market economics and oligarchs.

    Not sure if you missed Julie's subtle humour there. I'll have to remember that one in future and use it.
  10. bordsilver

    Income inequality, market economics and oligarchs.

    Tom Woods' point about the gender pay gap can be applied to CEO pay gaps as well (noting that - as per the initial post - crony capitalism no doubt influences the pay gaps in various industries):
  11. bordsilver

    Income inequality, market economics and oligarchs.

    Link: On Wealth Inequality
  12. bordsilver

    Income inequality, market economics and oligarchs.

    Income/wealth inequality due to luck, effort, innovation, skill, saving, prudence, perseverance, etc. is fundamentally moral and to be encouraged. Income/wealth inequality due to crony capitalism is fundamentally unethical and is unequivocally directly due to a corruption (or overreach) of...
  13. bordsilver

    Income inequality, market economics and oligarchs.

    It's a bit of a long winded presentation with a bunch of unnecessary tangents. But here and there he clearly shows that it is Government policies that create unearned wealth based on subsidising and protecting the monopolies of the fat cats. ~2min: some pointless drivel about successful people...
  14. bordsilver

    RCM suing RAM

    Holy shit. So RCM figured out that getting a machine to rough up the surface before applying the paint makes it stick better? I'm sure nobody else ever thought of that. They deserve billions of dollars for being so super smart.
  15. bordsilver

    Perth Mint developing their own cryptocurrency

    ^ The same way the RBA manages AML with physical currency now?
  16. bordsilver

    Perth Mint developing their own cryptocurrency

    Now that's a crypto I'd buy.
  17. bordsilver

    JOTD

    Very prescient.
  18. bordsilver

    Bitcoin Billionaire

    :lol: Joke of the day.
  19. bordsilver

    JOTD

    How does a Mathematician cure constipation? They work it out with a pencil.
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