Curt Doolittle

Theme: Productivity

  • “The Uninvested Surplus Capital of the Civilization” 1. People may produce a sur

    “The Uninvested Surplus Capital of the Civilization”
    1. People may produce a surplus of capital.
    2. The people’s can spend a surplus (consumption) or invest a surplus.
    3. So surplus capital is that which is neither needed for consumption, use, or investment in production producing useful returns – at the sale and time frame that individuals, organizations, and industries and the private finance sector can organize capital to pursue.
    3. Political Institutions seek to appropriate this surplus before it is consumed or invested by seduction (false promise), coercive behavior(incentive), interest, fees, taxation and debt expansion(material costs).
    4. Institutions either consume this appropriated capital for themselves and their clientele, invest in commons that produce for the commons and clientele, or spend or invest ostensively for the commons and clientele.
    5. Individuals and some groups, seek social status, meaning the capacity to attract opportunities for one’s benefit, and clientele who one can serve in exchange for this status and influence over opportunities, by attempting to appropriate and if feasible seek to maximize appropriated capital for their status and clientele, and if at all possible, obtain a monopoly over that appropriated capital.
    ie: For social status, clientele, and personal benefit, it’s better to be the monopolist of a system even if tit causes the system to shrink.

    CONSEQUENCE
    The consequences of institutions appropriating and monopolizing the surplus capital, include: reduced economic growth, increased inequality, loss of trust in the institutions “Failure of Confidence in the Public Sector” or social unrest, or civil war, and transfer of confidence to institutions organizations and people that different factions in this social unrest DO trust.

    Via Dr Bradley, re: Carroll Quigley.

    Source date (UTC): 2024-05-16 21:38:23 UTC

    Original post: https://twitter.com/i/web/status/1791221684650885120

  • @SRCHicks, all; The USA (other than some tech sectors of CCP’s China) is the onl

    @SRCHicks, all;
    The USA (other than some tech sectors of CCP’s China) is the only place in the world entrepreneurs find institutions, finance, culture, law, heroic encouragement, tolerance forgiving failure, and a market that if penetrated expands to the world.
    Even trying to raise capital in Europe or Canada is almost impossible. Even so, it’s dependent on your plan to gain access to US markets, capital, and even moving to the USA.
    Our US institutions were designed for the middle class. The rest of the world is still in that natural state of the caretaker state for the bottom at the expense of the middles, or in the interest of the top at the expense of the rest, or in the worst case, the low trust that prohibits any organization of any scale for the common good, and everything other than tribalism, familism and corruption. Though we are succeeding more than expected in dragging mankind into relative prosperity – at the cost of our own civilization.
    Heroism, High Trust, and rule of law (favors the middle class), and a population with an IQ as close to 115 matter. And the combination is rare. Mostly because of that last property.
    Cheers
    CD

    Reply addressees: @SRCHicks

    Source date (UTC): 2024-05-10 22:23:32 UTC

    Original post: https://twitter.com/i/web/status/1789058721076690944

    Replying to: https://twitter.com/i/web/status/1789054203098259578

  • I’m not following but if I fix your electrical circut and you fix the plumbing o

    I’m not following but if I fix your electrical circut and you fix the plumbing on my sink we have exchanged operations. If you teach me to weld copper pipes and teach you to wire a breaker box, we have exchanged operations. If I hold the ladder and you change the lightbulb we…

    Source date (UTC): 2024-05-06 01:34:31 UTC

    Original post: https://twitter.com/i/web/status/1787294843825160652

    Replying to: https://twitter.com/i/web/status/1787283343135875443

  • RT @Scientific_Bird: New study shows that, in Finland and Norway, the relationsh

    RT @Scientific_Bird: New study shows that, in Finland and Norway, the relationship between cognitive ability and income becomes *steeper* i…

    Source date (UTC): 2024-05-05 02:28:45 UTC

    Original post: https://twitter.com/i/web/status/1786946103515943356

  • The child support can never be paid when you turn a single household cost into t

    The child support can never be paid when you turn a single household cost into two household costs without both impoverishing the man and dragging down household income making everyone poorer

    End alimony and child support. Take away the malincentives.

    Source date (UTC): 2024-05-04 19:11:43 UTC

    Original post: https://twitter.com/i/web/status/1786836122158412157

    Reply addressees: @spaceangelvoice

    Replying to: https://twitter.com/i/web/status/1786826933646372966

  • THE REAL UNEMPLOYMENT RATE IS 6.5-7.7% – AND THAT’S BEFORE THE REAL VS POSSIBLE

    THE REAL UNEMPLOYMENT RATE IS 6.5-7.7% – AND THAT’S BEFORE THE REAL VS POSSIBLE PARTICIPATION RATE.
    –“By the way, 3.9% unemployment rate wouldn’t be bad news if it was accurate. According to economist E.J. Antoni, the labor market is missing 5.8 million people (ie. the numbers… https://t.co/7rcx4YRbG7

    Source date (UTC): 2024-05-03 22:25:13 UTC

    Original post: https://twitter.com/i/web/status/1786522426282496372

  • WHAT BOOKS (AND SKILLS) DO I NEED TO RUN A BUSINESS? I answer this question regu

    WHAT BOOKS (AND SKILLS) DO I NEED TO RUN A BUSINESS?

    I answer this question regularly, but there is no mystery the basic skills necessary to succeed in any business – before you master the particulars of that business:

    You can take a community college course in the first two semesters of accounting. Read “Economics in one lesson” because accounting generally fails this test and so we tend to overestimate financial viability in modern accounting developed during the age of ‘extreme growth’.

    Then take one in banking in finance and you’ll know all there is to know. Read Rothbard’s “The Mystery of Banking” and prepare to be horrified.

    Then take one in basic contracts. (and follow me and us to understand natural law). You’ll do better using contract law on TOP of natural law – because otherwise it’s easy to err.

    Then take one class basic project management. It’s all just lists, estimating, and details. But if you get it, it’s infinitely valuable because you’ll never underestimate how hard it is to get people to do anything complicated. 😉

    Next, read Basic Marketing by McCarthy.

    Finally read ‘how to win friends and influence people’, for management and sales

    And “Ogilvy on Advertising” for brand and advertising.

    If you know this minimum body of work, I mean, you’re better prepared for the business world than most college graduates in any field at all.

    If you understand my work you’d be far better prepared than most business schools.

    The rest of entrepreneurship is (a) being good at doing something that allows you to serve an unserved, underserved, or new market. (b) realizing it’s mostly sales, service, and building reputation (c) realizing you’re going to have to work harder than all but other entrepreneurs by a long stretch, (d) maintaining discipline on prioritization of customers, (product/service) and revenue and NOT either focusing internally or going to market early, and instead slowly accumulating capital.

    hugs

    Source date (UTC): 2024-05-03 20:38:05 UTC

    Original post: https://twitter.com/i/web/status/1786495468542816256

  • Not when there are european entrepreneurs limited by european culture and econom

    Not when there are european entrepreneurs limited by european culture and economies, and we can make good use of them. But that’s the only criteria.

    Source date (UTC): 2024-05-03 00:27:31 UTC

    Original post: https://twitter.com/i/web/status/1786190817033379895

    Reply addressees: @zis_nz @EndWokeness

    Replying to: https://twitter.com/i/web/status/1786189329586688153

  • “slavery disincentivized Rome from mechanical innovation”– Brad This is correct

    —“slavery disincentivized Rome from mechanical innovation”– Brad
    This is correct. The tech was there. But human labor was too cheap. Until the Justinian plague and the fall of Rome. Then it wasn’t Cheap. And when it wasn’t cheap it cause de-urbanization, wealth collapse, institutional collapse and feudalism and serfdom for survival. Once the Hansa restored trade to northern Europe, Aristotle’s works returned from the middle ease, the printing press was created, and the ottomans conquered and closed the port of Byzantium, it was only a little time under the age of sail before steam power and all that resulted.

    Reply addressees: @WerrellBradley

    Source date (UTC): 2024-05-02 18:10:23 UTC

    Original post: https://twitter.com/i/web/status/1786095909375193088

    Replying to: https://twitter.com/i/web/status/1786093993450954860

  • Blackrock CEO coming out against immigration and in favor of automation. Finally

    Blackrock CEO coming out against immigration and in favor of automation.

    Finally some sense coming out of Larry Fink of all people. https://twitter.com/curtdoolittle/status/1786089535740235958