Election 2018

[Bill the Piper]

(11-09-2018, 09:57 AM)Bob Butler 54 Wrote: I'm not clear that Obama totally discredited the Democrats.  True, he did not exact revenge on the Wall Street crowd after the Bush 43 crash, he gave the Republicans a see saw flip passing Obamacare, and he didn't manage to really pass his legacy to Hillary in 2016.  We are more likely to see someone like Bernie, white, male and progressive.

I was thinking about Obama's bad foreign policy which led to Syria, Libya and Yemen turning into failed states, allowing the global jihad to resurge. The good policy would be either not to incite the Arab Spring riots, and to focus on making the most of Iraq and Afghanistan. So it seems we both dislike Obama, but for different reasons.

Business is what it is. I don't want to whitewash it. Money is not a cause of human misbehaviour, but its effect. There are two ways to get rid of it: one is improving human nature using biotechnology, so that new generations are more altruistic and idealistic, happy to spontaneously devote themselves to good of mankind (that's called gift economy). Another is to improve productivity so that the amount of human work required is very small and likely to be done without financial incentives (that's called post-scarcity). Both solutions are sci-fi at the moment. So we are stuck with using money.

I know what I say is against the zeitgeist of the 4T, but any leftist attempt to bind business with regulations or nationalise property (regardless of intents) has always resulted in lowering productivity, thus delaying the transition to post-scarcity. So, I'm not in favour of "exacting revenge on the Wall Street crowd".