Theme: Incentives

  • VALUE AND MEASUREMENTS MATTER; THE ECONOMICS OF THE IMMORAL; YOUR TIME SHOULD MA

    VALUE AND MEASUREMENTS MATTER; THE ECONOMICS OF THE IMMORAL; YOUR TIME SHOULD MATTER

    (Editor Brandon Hayes, with multiple authors)

    We have some very serious issues with our economics and our economy as current:

    Plausible Bubbles (short list; none are ever sure, when one goes others follow or become hidden):

    Student Debt

    Credit Debt (That’s cards and lines from banks)

    Housing

    Commercial Real-estate

    Automobiles

    Healthcare

    State Pensions

    Federal Debt

    Crypto

    AND MORE!!!

    But, but, but…. Our economy is doing so well; ah, yeah sure, til it isn’t. Look we measure GDP and average income. Both of which have nothing to do with quality of life for individuals and everything to do with leveraging our position on the world financial stage. We run a fiat currency that has no corresponding tangible hard asset (like gold). And we love exaggerating (lying) about the financial shape we’re in [American’s do this personally].

    When we measure and aim at growing something (like GDP) that doesn’t directly translate to well-being (measurements to be debated about), this arguably translates to more suffering, we have an immoral measure; as it doesn’t take morality nor mortality into consideration. It puts them on the back burner, favoring an ever-climbing number. {You can never stop chasing numbers; as numbers never stop running; money is a BAD aim.}

    Next, our traditional economic models are wrong. Nearly all economics is based on this ludicrous assumption of human behavior:

    “Rational choice theory: is an economic principle that assumes that individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.”

    I studied economics and marketing in college [among other things] (I was a business major), even then this assumption was asinine. We teach marketing as psychological manipulation; meaning we teach to advertise to irrational agents because we KNOW for a fact they are not rational. To build models based on rational agents is moronic to the point of offense; and dangerous because it doesn’t predict anything properly.

    So far, without even scratching the surface of how complicated economics is at the scales we operate at, we have glaring errors in our framework. What could possibly happen, who could imagine things going array!?! < internet sarcasm.

    It’s time to change; it’s way past time to change; the next market correction is going to put people back on their heels; more over it’s going to knock people back on their asses. It’s time to wake up, pay attention. < repeated mantras

    ________________________________________________

    What follows is a list of jobs that could be culled back 90%+:

    Anything that has to do with pushing paper: lawyer, accountant, financier, traders, stock brokers, administrators, legislatures, lobbyists, and so on. [You do nothing but create hurdles for others actually doing work; and we don’t need you.]

    Anything that is a net value loss: most dirty energy jobs (we should seek energy independence), anything in a cubical that requires a commute, anything sales related (stop selling us shit we don’t need nor do we want it [people just don’t know they don’t]), etc.

    Anything that’ll soon be replaced by technology: Driver of any sort, fast food of any sort, most store clerks and cashiers (see Amazon’s new walk-in and walk-out stores), lecturing (see youtube), etc.

    ^All this, rough and incomplete, and off the top of my head after only one cup of coffee.

    Look, we could pay people half their salaries to stay HOME and sort their family out, clean their communities up, and reduce the stress that the 9-5 lifestyle induces. And it would be better (more beneficial) than them showing up at work.

    We made a mistake during the last crash to bail out the banks (more crooks that ought to be out of jobs) we should have bailed out students and homeowners; it was our money and we gave it to the .001% and the government; have we not learned a god-damned thing?

    The economy of the future is based on local exchange, sustainable supply chains, and a reduction in excess movement of goods. It’s family centric, energy creating, and value added. It’s quality lifetime products not throw away plastic garbage; it’s centered around children and the future NOT me, me, me, now, now, now! That’s not getting us anywhere take a look around at the twilight zone reality in which you reside.

    _______________________________________________

    Libertarians and an-caps you don’t have the answers; your approaches are as flawed as those in use currently and we don’t have the time, energy, nor the wherewithal for you to give it a whirl.

    Marxists; you’ve been so wrong and murdering millions for so long I have a hard time understanding why we even let you speak.

    “Let’s get this labor thing straight. Labor has no value other than under capitalism we can create a consumer out of the laborer which organizes the very fractional contribution of labor into large groups producing many complex parts, and the complex part provides the value.

    The profit on the price is required to organize others in this network.

    That’s the whole thing. If you’re ‘labor’ you aren’t ‘value’ to others, since none of us is productive enough to matter. What matters is multipliers, and labor isn’t one.

    Labor’s primary value lies in (a) you are at least self supporting because (b) as a slave you’re even less productive, and (c) as a barbarian you’re a parasite.

    The value is in organizing using incentives using prices and profits.“ – Curt Doolittle

    _______________________________________________

    Here I should square the circle of time. If your labor isn’t worth anything (and in and of itself, it isn’t) then your time is worth nothing to others; but it is worth EVERYTHING to you and it should be. You have one life [80 years old]; it’s roughly 700,000 hours; you’ll spend a 3rd of those sleeping, leaving you with 467,200 waking hours. If you’re spending a majority of YOUR waking hours working at something you hate, cut that out right now!

    You ought to value your own time above all else; BUT you can’t force others to value it nor pay you for it. You must create something with your time and offer it as fair value exchange. This is the only way to make your time worth anything to others. Just because you show up and do a job; doesn’t mean you’re adding anything of worth [it’s still very hard to find good employees, ask any employer]. Master something (anything) and make your time worthwhile.

    I have deep sympathy for people living currently; as I am one of them. I have no problems walking in other’s shoes. We have lied strategically to generations of humans (all the generations), we are at a unique point in time where the lies can be rooted out and have real light shown upon them. Many of them (lies) are painful to let go, but never in history has there been a lie that didn’t come back and take its toll in the future. Reality doesn’t take kindly to being mischaracterized!


    Source date (UTC): 2019-10-30 12:31:00 UTC

  • ECONOMIC INFLUENCES ON TODAY”S ART WORLD 1) spaces are now general purpose rathe

    ECONOMIC INFLUENCES ON TODAY”S ART WORLD

    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.


    Source date (UTC): 2019-10-30 12:30:00 UTC

  • THE MARKET DEMAND FOR SERVICES PROVIDED BY RELIGION 1. The market demand for per

    THE MARKET DEMAND FOR SERVICES PROVIDED BY RELIGION

    1. The market demand for personal mindfulness (Spiritualism) whether empathic-femining (theological), moral-masculine(rational), or analytic-masculine(scientific) exists, and all three demands exist for most of us. The question is, given how the various religions solved mindfulness (Stoicism-epicureanism, buddhism, hinduism, abrahamism) which produces agency (stoicism), which produces optimism (hinduism), which produces withdrawal from reality (buddhism) and which denies and escapes reality (abrahamism).

    2. Religions must provide interpersonal mindfulness by creating a standard dialog, set of signals, and manners that are costly to learn and practice, but that by practicing display to others you are worthy of honest cooperation on the same terms.

    3. Religions must also provide social mindfulness (limitation of fear and comfort in the ethical, and moral. These are moral rules that serve the group’s competitive strategy – and all reflect the environmental challenges of the age of transformation in which men invented religions.,

    4. Religions must also provide political mindfulness (limits on political action and on rulers actions). I won’t cover each of them here.

    5. Religions must also provide a group strategy – gypsy parasitism, jewish parasitism, muslim parasitism, predation and conquest, christian undermining of the truth, knowledge, reason, law, property, aristocracy by rallying the peasantry and women and slaves against all and being as expansionary as islam – to counter islam. Buddhist submission and obedience Hindu class duty and function in the ‘harmony’. Chinese hierarchical family (bureaucracy). Anglo aristocratic egalitarianism (entrepreneurship and corporation).

    So 1. personal mindfulness (peace of mind), 2. interpersonal, 3. social, 4. political, 5. strategic.

    All of these are served by training in stoicism and epicureanism(realism, naturalism, reciprocity, living within your means, surrounding yourself with family and friends, and insulation from competitive status signaling), training interpersonal reciprocity, social reciprocity, training in political reciprocity, and training in group strategic reciprocity.

    The fact that we train people in reading, writing, arithmetic, mathematics, and the sciences, and indoctrinate them into falsehoods of marxism (class undermining), feminism(male undermining), and postmodernism (group undermining), but DON”T train them in stoic mindfulness, epicurean happiness, basic money, household finance, and accounting, basic law of contract and reciprocity, the testimony, the grammars, logics, rhetoric, and produce holidays that celebrate our seasons and heroes, thinkers, and saints is just a choice.

    The only addiction christianity adds is the transformation of western paternalism of masculine aristocracy, to the feminine submission to a false god, the pretense of equality of all, and the one good thing: the feminine emulation of jesus in the extension of forgiveness instead of semitic hypersensitivity to insult and slight – we call this christian love. It’s just self virtue signaling in exchange for immunity from offense by petty people endemic among the desperate, poor and ignorant.

    The real reason people rely on abrahamic religion is to disintermediate themselves from others status signals so that they can preserve mindfulness and self image despite continuous rejection. The reason we want to live in the christian world is because we are not subject to continuous rejection but continuous tolerance and forgiveness (love).

    The program of the marxists, feminists, and postmodernists, is to UNDERMINE christian love from within. Undermine the faith. Undermine the ethics Generate envy and hatred between genders, classes, and identity groups, in order to sew discord that creates demand for an authoritarian state which can extract almost unlimited income from the population to resolve the conflicts that the government created.

    This is all you need to understand about (a) religion, (b) christianity in politics (c) how we can state christianity in legal terms, (d) how we can teach stoicism and epicureanism and history and truth rather than semitic lies, and (e) how we are undermined because christians will not fight the enemy.


    Source date (UTC): 2019-10-30 12:26:00 UTC

  • ARGUMENTUM AD THEOLOGICUM (yes it’s possible. it’s just almost impossible) We al

    ARGUMENTUM AD THEOLOGICUM

    (yes it’s possible. it’s just almost impossible)

    We all defend our investments. it’s irrational to think we won’t defend our investments. As long as that’s what we’re doing, it’s not ir-reciprocal.

    In my understanding, theology is just one of the grammars. it’s both conflationary, and fictionalist, using the supernatural fictionalism, but that doesn’t mean statements within it can’t be disambiguated, de-fictionalized, operationalized, and converted to statements of physical and natural law.

    We only come into conflcit when the disambiguated, defictionalized, operationalized, and tested for reciprocity exposes an involuntary transfer.

    When disambiguating, defictionalizing, nd operationalizing we take for granted we can test for:

    (a) identity (b) internal consistency, (c) rational choice, (d) and reciprocal rational choice, and possibly (e) full accounting …

    … Even if we cannot test for (f) external correspondence, (g) operational possibility, and (h) parsimony.

    … And within reciprocity we may test for (j) productivity, (k) voluntary transfer of demonstrated interests, and (l) involuntary transfer by externality, (m) and whether one has performed that due diligence, and (n ) whether one can perform restitution.

    So it’s not like we can’t largely test theological words. It’s mostly whether any argument demanding deduction that is dependent upon theological terms is possible. In other words, it may be possible to make ethical statements in theology it is however, extremely difficult to make arguments from them. It’s not impossible. It just appears very uncommon.

    There are many true and reciprocal statements in theology.

    There are very few if any true and reciprocal arguments.

    That’s the nature of the problem of fictional premises.

    Not much to do about it.


    Source date (UTC): 2019-10-30 12:23:00 UTC

  • USURY (repost) Interest vs Usury. Interest is necessary for the organization of

    USURY

    (repost)

    Interest vs Usury.

    Interest is necessary for the organization of complex production. it is beneficial for production of generations. It is risky for the purpose of consumption. It is harmful for the production of entertainment. It is very harmful for the production of anti-social behaviors.

    What demarcates Interest from Usury?

    (a) credit for consumption rather than production.

    (b) borrower beware rather than lender beware.

    (c) collateral

    If lending is limited to production, lender risk, and un-recoverability for anything other than fraud, then it’s shared risk. And it increases use of stock markets where access to liquidity is possible instead of collateral recovery.

    The enemy’s technique consists of false promise, baiting in to moral hazard, pilpul, critique, and profiting from capture of hazards, and capitalizing those captures as systems of rents.

    Usury is the most common example of baiting into hazard, by the extension of credit for the purpose of consumption, the use of collateral, and the use of the court to transfer assets to the lender.

    The enemy’s technique uses every possible means of baiting into hazard, defending this bait by pilpul and critique, profiting from the hazard – both private and public – then taking the accumulated capital and seeking rents against the population until they revolt and prosecute their revenge. …

    There is a reason this technique works with high trust europeans but not elsewhere. There is a reason it works with women and underclasses but not established men. Because our democracy makes us vulnerable to false promise, and the underclasses are easily baited by false promise, we are tolerant of meritocracy until too late.

    Worse, it is easiest to exploit our social order of MARKETS and LAGGING legal codes in defense of those markets and our people. And lagging technology for replacing each of the means of parasitism: financial, commercial, educational, informational, political, social, normative, and traditional


    Source date (UTC): 2019-10-30 12:06:00 UTC

  • Envy envy everywhere and not a drop to drink from

    Envy envy everywhere and not a drop to drink from….


    Source date (UTC): 2019-10-29 22:07:36 UTC

    Original post: https://twitter.com/i/web/status/1189302792902590465

    Reply addressees: @karlbykarlsmith

    Replying to: https://twitter.com/i/web/status/1189276484030074880


    IN REPLY TO:

    @thesubtledoctor

    y tho? https://t.co/09PByicCMA

    Original post: https://twitter.com/i/web/status/1189276484030074880

  • No value to consumer interest on capital goods, it’s already been paid by the pr

    No value to consumer interest on capital goods, it’s already been paid by the production cycle, and we’re just borrowing money from ourselves. (I’ve dealt with the possible abuses it’s easy, just won’t go into it here).


    Source date (UTC): 2019-10-29 01:49:49 UTC

    Original post: https://twitter.com/i/web/status/1188996326073290754

    Reply addressees: @SmashCultMarx

    Replying to: https://twitter.com/i/web/status/1188992511890591744


    IN REPLY TO:

    Original post on X

    Original tweet unavailable — we could not load the text of the post this reply is addressing on X. That usually means the tweet was deleted, the account is protected, or X does not expose it to the account used for archiving. The Original post link below may still open if you view it in X while signed in.

    Original post: https://twitter.com/i/web/status/1188992511890591744

  • Smart. So, know your sexual, friendship, social, economic, political, and milita

    Smart. So, know your sexual, friendship, social, economic, political, and military market value. The ‘false promise’ of the postmodern (feminized) era of education, has been the pretense of value of each snowflake – an illusion that melts equally rapidly in markets of reality.


    Source date (UTC): 2019-10-28 15:35:13 UTC

    Original post: https://twitter.com/i/web/status/1188841659188031490

    Reply addressees: @AliceTeller

    Replying to: https://twitter.com/i/web/status/1188838852766699520


    IN REPLY TO:

    @AliceTeller

    Many who believe “If you never settle for less than the very best, you often get it.” would have been wiser to believe “You should never settle for less than you deserve.”
    Know thyself.

    Original post: https://twitter.com/i/web/status/1188838852766699520

  • USURY (repost) Interest vs Usury. Interest is necessary for the organization of

    USURY

    (repost)

    Interest vs Usury.

    Interest is necessary for the organization of complex production. it is beneficial for production of generations. It is risky for the purpose of consumption. It is harmful for the production of entertainment. It is very harmful for the production of anti-social behaviors.

    What demarcates Interest from Usury?

    (a) credit for consumption rather than production.

    (b) borrower beware rather than lender beware.

    (c) collateral

    If lending is limited to production, lender risk, and un-recoverability for anything other than fraud, then it’s shared risk. And it increases use of stock markets where access to liquidity is possible instead of collateral recovery.

    The enemy’s technique consists of false promise, baiting in to moral hazard, pilpul, critique, and profiting from capture of hazards, and capitalizing those captures as systems of rents.

    Usury is the most common example of baiting into hazard, by the extension of credit for the purpose of consumption, the use of collateral, and the use of the court to transfer assets to the lender.

    The enemy’s technique uses every possible means of baiting into hazard, defending this bait by pilpul and critique, profiting from the hazard – both private and public – then taking the accumulated capital and seeking rents against the population until they revolt and prosecute their revenge. …

    There is a reason this technique works with high trust europeans but not elsewhere. There is a reason it works with women and underclasses but not established men. Because our democracy makes us vulnerable to false promise, and the underclasses are easily baited by false promise, we are tolerant of meritocracy until too late.

    Worse, it is easiest to exploit our social order of MARKETS and LAGGING legal codes in defense of those markets and our people. And lagging technology for replacing each of the means of parasitism: financial, commercial, educational, informational, political, social, normative, and traditional


    Source date (UTC): 2019-10-28 13:23:00 UTC

  • There is no such thing as selflessness. There is no human action that I know of

    There is no such thing as selflessness. There is no human action that I know of that isn’t buying something. All human action can be reduced to economic statements. That doesn’t mean doing good doesn’t feel good. Its’ a good thing


    Source date (UTC): 2019-10-28 02:35:20 UTC

    Original post: https://twitter.com/i/web/status/1188645394781298688

    Reply addressees: @OfSalamis

    Replying to: https://twitter.com/i/web/status/1188645033668481024


    IN REPLY TO:

    @OfSalamis

    @curtdoolittle Haha, I just had to address that little point at the very start of your tweet about no evidence of altruism or selflessness. I want it known that there’s realistically two options for anonymous acts of charity: it’s either real selflessness, or selfishness just to get to heaven.

    Original post: https://twitter.com/i/web/status/1188645033668481024