Meanwhile 3000 migrants gather at US border - what next?

[Argonia]

Turns out real Nietzsche was much nicer and less fascist than most of his followers / later generations believe. It was his sister who was the real wrongun. A Life of Nietzsche Turns the Spotlight on an Idol Long Misunderstood

Yes as far as I know he was opposed to antisemitism for example but his sister wasn't.

 

[NoXion]

Turns out real Nietzsche was much nicer and less fascist than most of his followers / later generations believe. It was his sister who was the real wrongun. A Life of Nietzsche Turns the Spotlight on an Idol Long Misunderstood

Friedrich986 isn't fit to sniff one of Nietzche's crusty old wanksocks.

 

[Friedrich986]

and for your point to be in any way valid, it would have to be universal (your 'that's how capitalism works'). that's clearly not the case. there is, for instance, a great supply of people wishing to work in libraries. but library wages are not going down in the way they would if your 'that's how capitalism works' held water.

yeah right, and libraries employ thousands of people in each town

this is a total cop out of an example, because librarian is one of the few cushy low-skill jobs still out there, yet hardly employs any people -

the min wage will only keep those in work at the min, it will do nothing to those UNEMPLOYED due to massive oversupply of labour nor will it address the issue of people having to work WAY HARDER for the same wage, as well as spending power reductions due to oversupply of labour and less resources (housing etc..)

 

[Pickman's model]

yeah right, and libraries employ thousands of people in each town

this is a total cop out of an example, because librarian is one of the few cushy low-skill jobs still out there, yet hardly employs any people -

the min wage will only keep those in work at the min, it will do nothing to those UNEMPLOYED due to massive oversupply of labour nor will it address the issue of people having to work WAY HARDER for the same wage, as well as spening power reductions due to oversupply of labour and less resources (housing etc..)

it's an EXAMPLE although when i'm dealing with someone who believes there's a border in northern ireland maybe i should make allowances.

perhaps you could expand on why you think library work is low skill. it's certainly beyond your meagre skills and abilities.

 

[Pickman's model]

yeah right, and libraries employ thousands of people in each town

this is a total cop out of an example, because librarian is one of the few cushy low-skill jobs still out there, yet hardly employs any people -

the min wage will only keep those in work at the min, it will do nothing to those UNEMPLOYED due to massive oversupply of labour nor will it address the issue of people having to work WAY HARDER for the same wage, as well as spending power reductions due to oversupply of labour and less resources (housing etc..)

there's a massive oversupply of labour? with the unemployment rate at 4.2%?

 

[krtek a houby]

are you another 'let em all in' types?

Rather "them", than you. But no doubt you'll be back again and again and again. Unfinished business, and all.

 

[Argonia]

Why did Friedrich get banned?

 

[Argonia]

Oh I see he was Redstag, banned returner, fair enough

 

[ViolentPanda]

Economics isn't a science. It's politics. What isn't included in GDP such as housework, caring for relatives etc is ideological. Why inflation doesn't include house and asset price rises.

Neo-liberal economics makes grossly oversimplified models. People are reduced to rational actors making informed decisions in perfect or efficient markets.

Economics is basically a form of haruspexy. You kill an animal, open up the intestinal cavity, and read the entrails.

 

[Pickman's model]

Economics is basically a form of haruspexy. You kill an animal, open up the intestinal cavity, and read the entrails.

yeh. so where we're going wrong is by not opening up the likes of hammond, osborn, brown and examining their entrails.

 

[JimW]

More horse piss than auspice in friedrich's case, mind.

 

[belboid]

Economics is basically a form of haruspexy. You kill an animal, open up the intestinal cavity, and read the entrails.

Haruspicy [/pedant]

 

[petee]

this is a total cop out of an example, because librarian is one of the few cushy low-skill jobs still out there, yet hardly employs any people -

holy fuck

 

[JimW]

Haruspicy [/pedant]

She joined after Victoria left, didn't she?

 

[yield]

Economics is basically a form of haruspexy. You kill an animal, open up the intestinal cavity, and read the entrails.

True. Keynes' animal spirits.