Curt Doolittle

Theme: Productivity

  • Is It Ok To Be Socialistic Or Anti-capitalistic Sometimes?

    All societies consist of mixed economies. We have abandoned the experiment with socialism world wide (the central organization of the economy) and instead have settled on the federal production of commons, the mixed production of core industries, and the private production of goods, services, and information. So there exist no socialist and no capitalist economies – only mixed economies. And we debate how much production of commons, how much investment in core industries, and how much liberty in the private sector economy, and how much taking from private production to give out as redistribution for unproductive periods due to age, unemployment, and care-taking.

    The first problem that we face is human nature. Everyone will take all the free rides he can get. Secondly, we face a great lie: that is that the wealthier we become, the lower the demand for people who cannot learn on their own (people who cannot handle college level independent learning) and that all people can achieve middle income status if even if they cannot produce middle income market value.

    So it is not OK to be ignorant and have an opinion about such things if you lack the knowledge to hold such an opinion. The fact of the matter is that economics is not very different from hydraulics. Where small changes can produce very large changes elsewhere – and visa versa. And where any ‘gap’ or will fill in with water at the first opportunity, just like all people will seek to make theirs whatever they can at every opportunity.

    https://www.quora.com/Is-it-OK-to-be-socialistic-or-anti-capitalistic-sometimes

  • Sleep for 18 hours and bugs that seemed impossible become trivial…. Why do I n

    Sleep for 18 hours and bugs that seemed impossible become trivial…. Why do I never learn? Diminishing returns on extra hours of work… sigh. Heroic work ethic is really pretty stupid. sigh.

    Source date (UTC): 2017-03-09 12:41:00 UTC

  • (Considering starting a politics and philosophy forum that selects articles ever

    (Considering starting a politics and philosophy forum that selects articles every day and provides an analysis of incentives and changes in capital. In other words, a balance sheet for any argument. I think this might be very educational and could become popular. There are a very small number of places where you can find grownup arguments. They are in the geostrategic and geo-economic papers and blogs. Almost everything else published every day is moral justificationism (Excuse making) and nothing more. )

    ——

    (unaccepted post in politics philosophy forum)(the host has been effort-spamming forums with uncriticized anti-trump propaganda pieces, which are just more articulate green frogs memes.)

    @James Ragsdale

    if [this] is a forum for discussion, then it’s a value. Which would require posting both sides of the debate. If this is a form for you to express your frustrations then it is no longer anything to do with theory policy and philosophy, but simply just emotional.

    Just create an “I hate trump” forum and put it there. But at present you’re not acting any differently from the alt-right-green-frog folks except your posting pseudo-rational propaganda instead of openly irrational green-frog cartoons.

    You have energy and a particular gift. And if you employ it honestly then you can make a contribution to the world.

    I’m honest about my work and my bias. (and yes, the fact that The Clinton Foundation defrauded me of $2M they said they would pay me for developing the greenhouse-gas measurement software, after we rescued their efforts in India at Microsoft’s request; and the fact that I have direct experience with these people – including Murdoch’s wife – might color my judgement a bit. These are ‘bad’ immoral, people for whom lying is simply a justifiable means of achieving their ends.)

    Anger destroys honesty. Half truths are lies. Half arguments are just half truths.

    Hence why I argue in the manner that I do: the only ‘good’ is exchange. The only ‘moral’ is non-imposition of costs.

    Source date (UTC): 2017-03-04 08:14:00 UTC

  • UNDERSTANDING ACCOUNTING AND FINANCE I’ve been told all my life by some asshole

    UNDERSTANDING ACCOUNTING AND FINANCE

    I’ve been told all my life by some asshole or other that I don’t understand accounting or finance. And I always found that humorous. I took the same classes as everyone else. I just learned something very different from them: most of it is used to lie under pseudoscientific pretense caused entirely by the necessity of limiting profitability in order to reduce taxation, complying with government regulation that obscures real costs of doing business, and complying with bank lending requirements that force you to claim regularity to your income that does not exist, forcing you to keep Operational P&L to run a business, Credit P&L to borrow money, Tax P&L to pay taxes, and Investor P&L to estimate upside.

    But given the archaic and pseudoscientific nature of accounting and finance and that super-pseudoscience we call mainstream macro economics, all of these things are falsehoods that address special cases.

    The value of a business is one of three things: the current liquidation value in the event of closure, the value of the business as a going concern to a competitor in the market, and the value to some sucker you can find who will pay you more than either of those numbers.

    What it is expressly NOT is whatever nonsense your bank, or the government says that it is. Every time I hear the value of a company is expressed in market cap I wanna put irons on someone and stick them in a cell.

    Suckers exist in america in large numbers principally because we just create so many of them, and we hold so few punishments for them, that the legal and financial industry largely seems to exist in order to allow and profit from, sucker- plays. Now sure, you might be lucky and get a Peter Theil or one of the other Paypal Mafia to invest in your company. These are entrepreneurs who happen to have turned to entrepreneurship at scale. They are not engaged in financialization which provides them with gains whether you win or lose. But that is exactly how most of the capitalist class functions.

    We need to get back to lender beware.

    Source date (UTC): 2017-03-01 14:40:00 UTC

  • ON UNIONS The unions made common mistakes of overreach. They began with the mora

    ON UNIONS

    The unions made common mistakes of overreach. They began with the moral: safety, liability, minimum wages, profit sharing, and replacing with cheaper workers (arbitrage). But then proceeded with overreaches that varied from moral hazard: demands for impossible future claims: continuous increases and pensions; then to the immoral: mandatory membership, mandatory fees, and fostering endemic corruption; then to the violation of natural law: interfering in the political process.

    It’s a shock to capitalists and free marketers raised on the myth of constant growth made possible under the agrarian and industrial (hydrocarbon) eras, and prohibiting temporal labor arbitrage is perhaps hard for the layman to understand when it occurs across decades of time rather than across national borders, but men are not commodities and their marketability declines rapidly after choice of first opportunity – and seizing all the ‘best’ time at the lowest price under promise of future rewards is merely an act of fraud. So it is all too easy to socialize uncompetitiveness and privatize commons into the hands of investors and capitalists.

    Most capitalists cannot compete under free trade because profits would be much smaller. Contrary to libertarian dogma, and contrary to anglo bourgeois values, while the puritan/manorial work ethic is an unquestionable good, and while rule of law assisting in capital concentration and formation is an unquestionable good, as a good Propertarian we query ‘But what are the limits of that good? Because there exist no unlimited theories and therefore no unlimited goods.’ And we find that it is possible to socialize losses and privatize gains if we do not perform full accounting.

    And a full accounting only ends when we have reduced all accounts to ‘time’. Because it is ‘time’ that is the currency we trade.

    Source date (UTC): 2017-03-01 09:06:00 UTC

  • ( I love Apple. Sure, I pay my 300 bucks when I buy the computer, and two years

    ( I love Apple. Sure, I pay my 300 bucks when I buy the computer, and two years later, I take in my machine, get a new battery, a new display, and new keyboard – in four hours – without fear that the moron with do more damage than good, install a lousy part, lose my data, or make me wait two weeks. )

    Source date (UTC): 2017-02-25 11:39:00 UTC

  • (draft in progress) 1 – ACCUMULATED TIME: BUT NON-MONEY … 1.1 GOODS (MEDIUM OF

    (draft in progress)

    1 – ACCUMULATED TIME: BUT NON-MONEY

    … 1.1 GOODS (MEDIUM OF BARTER)

    … … a) limited demand for each good limits exchange

    … 1.2 COMMODITY (MEDIUM OF EXCHANGE)

    … … a) unitary weight and volume

    … … b) universal or near universal demand / universal exchange.

    2- ACCUMULATED TIME : MONEY-PROPER

    … 2.1COMMODITY MONEY

    … … a) unitary weight and volume

    … … b) high ratio of purchasing power to weight and volume

    … … c) difficult to inflate (expensive to find and make)

    … … d) Sufficiently limited (downward) volatility to

    … … … allow market prices to form. (This is one of the principle

    … … … advantages of monetary policy, is that stabilizing prices even

    … … … at the cost of inflation reduces risk and extends production

    … … … cycles producing goods and services at lower costs.)

    … … e) capable of bearing trademark: promise of weight and measure

    3 – ACCUMULATED TIME: MONEY-SUBSTITUTES

    … 3.1DEPOSIT MONEY

    … … … (Redeemable)(full reserve, money substitutes)

    … … … PROMISSORY NOTE MONEY: CURRENCY PROPER

    4 – MIXED ACCUMULATED TIME AND UN-PRODUCED TIME (PROMISSORY TIME)

    … PARTIAL-PROMISSORY MONEY-SUBSTITUTES

    … … (redeemable, partial reserve, money substitutes)

    5 – TIME-PURCHASED, MONEY SUBSTITUTES

    … … TOKEN MONEY (PAPER MONEY)

    … … … Non-Redeemable, Required Money.

    ( now start on shares, then debt instruments, )

    Source date (UTC): 2017-02-22 12:12:00 UTC

  • the value of programming is that like writing an individual can accomplish great

    the value of programming is that like writing an individual can accomplish great transfer of information from one set of conditions to another with just time and very few resources.

    my expectation is that the future will require, as it generally does, increases in capital in this sector. And that if we are correct that biological modification (medicine) will continue to be the favored growth industry instead of physical consumer goods; and if I am correct in that there will be a clamp down on medical, health and fitness pseudoscience fairly soon, then; then the era of moneymaking from programming might go the way of other crafts, and continue to devolve into a hierarchy similar to the construction business where some people effectively do labor, and some design buildings and others supply standard components according to ‘code’ so to speak.

    Source date (UTC): 2017-02-22 12:05:00 UTC

  • by Ivan Ilakovac I think that “time as the first cause of economics” would be a

    by Ivan Ilakovac

    I think that “time as the first cause of economics” would be a great starting point for “idiots”. Its pretty obvious:

    1. Time is resource.

    2. We need cooperation to use time effectively.

    3. We need truthful testimony to cooperate effectively.

    4. We need strict rules to testify as truthful as possible.

    So:

    5. We need strict rules of information-sharing (communication) in order to use time effectively.

    Source date (UTC): 2017-02-22 09:19:00 UTC

  • Not Since Slavery…. The White Middle And Working Classes Enslaved

    Not since slavery have we seen people work so hard to justify the taking of the productivity of others – (rough quote of thomas sowell)