Oct 17, 2019, 11:35 AM (slavery) Slavery existed because of labor required for farming. It ended i) because the labor required for farming first reduced by western agrarian innovation, then ii) was eliminated by western innovation, and iii) because western finance, accounting, and taxation technology made customers provide higher returns than slavery. ie: capitalism(markets) produce incentives that slavery cannot match. People are not moral. They are practical. They just make excuses to virtue signal wealth, and the elimination of slavery was an excuse to signal wealth. Never assume people are ‘good’. They are always selfish. In almost every case, from the jewish ban on max of six years, to the pre-modern period, to the modern, to the reason governments banned slavery so that they could tax these individuals, or prevent such accumulation of wealth under slavery that competitors to the state could emerge in colonies. Same for the American civil war. It was so that the western territories did not fall under the political leadership of the south and preserve slavery, which would have left the south in control of the continent, isolating the industrial north.
Category: Economics, Finance, and Political Economy
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Oct 19, 2019, 10:52 AM “The way Silicon Valley invests in the economy is the way
Oct 19, 2019, 10:52 AM
“The way Silicon Valley invests in the economy is the way the Government should invest in the economy and it’s not.” – Doolittle
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Oct 19, 2019, 10:52 AM “The way Silicon Valley invests in the economy is the way
Oct 19, 2019, 10:52 AM
“The way Silicon Valley invests in the economy is the way the Government should invest in the economy and it’s not.” – Doolittle
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State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals
State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals https://propertarianism.com/2020/05/27/state-sponsored-hyperconsumption-of-goods-services-info-and-virtue-signals/
Source date (UTC): 2020-05-27 16:47:24 UTC
Original post: https://twitter.com/i/web/status/1265686051307360263
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State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals
Oct 19, 2019, 10:55 AM
—“What we like or want may not be good for us.” –Curt Doolittle
Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum. So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution. The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.
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State Sponsored Hyperconsumption of Goods, Services, Info, and Virtue Signals
Oct 19, 2019, 10:55 AM
—“What we like or want may not be good for us.” –Curt Doolittle
Context of the original quote was that we have used a variety of techniques to generate hyper-consumption and especially conspicuous hyper consumption, and even worse, conspicuous hyper consumption of virtue signals. In other words, we may like hyper consumption but that does not mean it is good for us, any more than hyperconsumption of the pleasure response by drugs is, or hyperconsumption of sedation by alcohol, or hyperconsumption of calming by nicotine, or anything else in any similar spectrum. So, yes, “all things in moderation” for the individual but this isn’t enforceable if the entirety of the political economy is generating hyperconsumption for hyper-taxation, and hyper-redistribution. The state should not engage in the provision of the incentive to hyperconsume. This only benefits the financial sector. Instead, just redistribute liquidity in response to shock and sags directly to the consumer and cause business to fight over it.
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Don’t Be Surprised
Oct 19, 2019, 10:56 AM
—“The government endlessly invests in grown adults who can’t dress themselves or bathe., and who destroy every apartment they’ve ever lived in. … As Marx says “from each according to his ability. To each accord to his need.” … Don’t be surprised when you have hoards of VERY needy people with that policy.”—Aaron Schwartz
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Economic Influences on Today’s Art World
Economic Influences on Today’s Art World https://propertarianism.com/2020/05/27/economic-influences-on-todays-art-world/
Source date (UTC): 2020-05-27 16:45:24 UTC
Original post: https://twitter.com/i/web/status/1265685547462340611
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Economic Influences on Today’s Art World
Oct 21, 2019, 2:44 PM 1) spaces are now general purpose rather than designed for function. This makes them less amenable to artistic treatment because they have to be ‘resold’. 2) Postwar materials (steel, glass, and panel products) are not amenable to organic arts, and it’s organic arts that constitute the majority of the western thematic tradition – particularly the human form. 3) Architectural software is .. great for engineering and tradesmen but tends to produce ‘sh-tty’ attempts at imitating Lloyd Wright – to mid century, as if the Craftsman never happened. But at least soviet concrete brutalism is done. Fk. Great for government buildings. Sh-t for the artwork they decorated it with. 4) Hollywood is a black hole for the arts, because it’s possible to make money at it on and off, while keeping ‘other jobs’ going. 5) Camera first, large printers second and Digital third has eliminated much of the handicraft that went into the production of durable arts. 6) Decoration will fit anywhere but “Art” (meaning, craftsmanship, materials) has been successfully undermined by the marxist-pomo-feminist tradition, and intentional deprivation of citizens from education in the heroic tradition – replaced with the victim tradition has made high art impossible or unmarketable. 7) The economics of producing inventory vs the percent of sales is such that, say, if you want to produce 200k of income for a gallery and 60K of income for yourself, you have to do the math on how much time and materials you can put into each work. So at an average of 10k per piece, that means 20ps must sell, that means no less than five galleries, that means 40 pcs in inventory at all times. And that’s only so many days or weeks per piece. Most people produce a production line, and use it to finance their artwork. (I know art jewelry, print and panting the best.) Scale up to sculpture then to play, then to film, and down to print and farther down to photo and farther down to posters and kitch but the general math is the same -just like every other biz. There is a reason single digits of artists make a living, and instead work to fund their art hobby that generates lunch money.
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Economic Influences on Today’s Art World
Oct 21, 2019, 2:44 PM 1) spaces are now general purpose rather than designed for function. This makes them less amenable to artistic treatment because they have to be ‘resold’. 2) Postwar materials (steel, glass, and panel products) are not amenable to organic arts, and it’s organic arts that constitute the majority of the western thematic tradition – particularly the human form. 3) Architectural software is .. great for engineering and tradesmen but tends to produce ‘sh-tty’ attempts at imitating Lloyd Wright – to mid century, as if the Craftsman never happened. But at least soviet concrete brutalism is done. Fk. Great for government buildings. Sh-t for the artwork they decorated it with. 4) Hollywood is a black hole for the arts, because it’s possible to make money at it on and off, while keeping ‘other jobs’ going. 5) Camera first, large printers second and Digital third has eliminated much of the handicraft that went into the production of durable arts. 6) Decoration will fit anywhere but “Art” (meaning, craftsmanship, materials) has been successfully undermined by the marxist-pomo-feminist tradition, and intentional deprivation of citizens from education in the heroic tradition – replaced with the victim tradition has made high art impossible or unmarketable. 7) The economics of producing inventory vs the percent of sales is such that, say, if you want to produce 200k of income for a gallery and 60K of income for yourself, you have to do the math on how much time and materials you can put into each work. So at an average of 10k per piece, that means 20ps must sell, that means no less than five galleries, that means 40 pcs in inventory at all times. And that’s only so many days or weeks per piece. Most people produce a production line, and use it to finance their artwork. (I know art jewelry, print and panting the best.) Scale up to sculpture then to play, then to film, and down to print and farther down to photo and farther down to posters and kitch but the general math is the same -just like every other biz. There is a reason single digits of artists make a living, and instead work to fund their art hobby that generates lunch money.