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29
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228
Joined
2 yr. ago

  • Thanks, I wandered in from "All". Content looks fun in here so I'll subscribe and stick around for a while.

    I still need to watch the latest Netflix adaptation, of the show, it just hasn't been a high priority for me yet.

  • I feel out of the loop on this one.

    Did Netflix have a publicity fail recently where they argued about how posting some flyers in a common area for employees was enough to satisfy some law?

    (All I get from searching "Netflix" and "Blind" are news results for "Love is Blind").

  • I thought I read something earlier today that mentioned that the current deal is that the hostages be returned and then Israel will pull out it's troops.

    Hamas wants to alter it so that they release a few hostages, then Israel pulls out, and then they release the rest of the hostages.

    It sounds like Israel had already agreed to that deal so isn't this in Hamas' ball park to accept or not?

    Then again it sounds like every time the deal is altered, the other side wants to male new changes,

    As Blinken mentioned in a different article:

    “At some point in a negotiation, and this has gone back and forth for a long time, you get to a point where if one side continues to change its demands, including making demands and insisting on changes for things that it already accepted, you have to question whether they’re proceeding in good faith or not.” https://apnews.com/article/israel-palestinians-hamas-war-ceasefire-negotiations-ab6925549d8f523a6e5c61e88e7eec8a

    Has anyone actually published the entire deal (at any stage) in its entirety so that everyone can see what is being debated?

  • Corporations are big into lobbying. "Studies" like this help them to convince lawmakers to make decisions that benefit them.

    In this case, they might not be able to easily lower minimum wage, but they can say that it's been a burden and try to get a break in other ways.

    Edit in response to the edited comment above:Poe's Law, should have included a "/s" at least. https://en.m.wikipedia.org/wiki/Poe's_law

  • This is the summary of all the notifications received by each of the students. According to the article we don't know how many students there were for that specific source image.

  • Imagine a scale, on one end is a market economy where the government does not regulate it in any way, and does not own any part of it in any way. This is pure capitalism/laissez fair capitalism, whatever you want to call it. And you are correct, it does not exist today in any country (and that's a good thing in my opinion).

    On the other end of that scale would be an economy that is completely controlled/owned/regulated by the government (for example, communism).

    In economic terms, every country falls on that scale with some balance between a completely free market economy and how much regulation they impose as well as what kind of industries they control/own.

    If someone is going to blame capitalism for "ruining everything" they are basically asking for a market system where everything is controlled/owned by the government. Where monopolies are rampant, and the citizens have no choice except for what the government or dictatorship has decided. In my opinion, this is also a bad choice.

    If I am wrong about what they are asking for, feel free to point out the economy of a country that they are saying we should follow. In other words, if not capitalism, what are you asking for?

  • Also, it is ranked 57th when sorted worst to best. It is sorted at 120th from best to worst. Worse than 119 other nations.

    Yes, 57th when sorted from worst to best, I never said otherwise. And your numbers are a little off when sorting the other way around. There are only 162 countries with rankings in that list, so flipping it around puts the U.S. at 105th (behind 104 other nations).Besides, we're looking at the Gini Coefficient which (with the countries on this list) has a range of ~23 to ~63, and a score of ~40 is right in the middle of that. In no way is the U.S. at the top of that list, but I still don't see how you can consider it to be "one of the worst countries in the world for income inequality".

    You've invented a thing and then are using your own invention to sort terms that have actual meanings not related to your invented scale

    I mean, I'm trying to explain in other terms so that we can understand each other better?

    And if I understand this right, you're saying that it doesn't make sense to create a scale where:

    • one side of it is laissez fair capitalism, a completely free market economy with no government regulation
    • the other side is an economy entirely run/controlled by the government with complete government regulation (such as communism)

    Communism isn't a scale

    I never said it was a scale. I just placed it at one end of the scale. The scale being "how much control a government has over the market."

    On that scale, the U.S. is mostly capitalist, I have never said otherwise.

  • Well the U.S. isn't entirely capitalist either.

    On one extreme you have a completely free market economy. On the other extreme you have an economy that's completely controlled by the government (such as Communism).

    A pure free market economy doesn't really exist anywhere among all the countries, what we have instead are a lot of countries that try to find the right balance between letting the market control itself and having the government control the market.

    So call it whatever you want, but the US does have a mixed economy when placed on that scale.

    The US gini coefficient is 39.8 as of 2021. Making it one of the worst countries in the world for income inequality.

    I don't know how you can say it's one of the worst when it's not even in the bottom third in that list of 162 countries.

    According to that source, the worst country is South Africa with a Gini coefficient of 63.0.

    The best country is Norway with a Gini Coefficient of 22.7.

    The US. Ranks 57th with a Gini coefficient of 39.8.

    If anything that places it in the middle rather than "one of the worst".

  • When I say pure capitalism, yes, I'm referring to laissez faire capitalism.

    I can't think of any countries that currently have that, and I don't think we should want that.

    Socialism is likely not the best term here, but when I'm referring to it economically I mean in the sense that the government has ownership of some businesses and is regulating other businesses as opposed to what would happen with laissez-faire capitalism.

    Perhaps it is better to say that the U.S. is a mix between Capitalism (a market economy) and Communism (a command-based economy) as this article explains? https://www.investopedia.com/terms/e/economy.asp

    It is one of the worst countries in the world in terms of wealth disparity and income inequality.

    That has not been my experience when visiting/living in other countries, but I am curious if you have some data to back this statement up?

    Although I do agree that we have a problem with wealth disparity and income inequality.

    I think we should look to other countries that have much higher levels of happiness (Such as Sweden) compared to the U.S. and try to imitate what they are doing.

    Even in the case of looking to economies like what Sweden has, it is still a mixed economy. So completely doing away with capitalism is not something we should be striving for.

  • I'm just going off of the definition here:

    https://www.merriam-webster.com/dictionary/socialism

    any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and distribution of goods.

    We definitely don't have a pure capitalist economy since that would mean that there is no government intervention in the market.

    And we do have parts of the economy that are owned/run by the government as socialism would suggest.

    What would you call it, if not a mix of capitalism and socialism? Maybe a mix of Capitalism and Communism would be more accurate?

    This article would seem to suggest that: https://www.investopedia.com/terms/e/economy.asp

  • What would you propose as being better than the mix of capitalism and socialism that almost every country already has for their economy?

    Both extremes lead to terrible outcomes.

  • America doesn't have a pure capitalist economy.

    A pure capitalist economy would have a free market system with no government intervention.

    Almost every country has a mix between capitalism and socialism for their economies.

    A pure capitalist economy is terrible just as much as a pure socialist economy would be terrible.The trick is finding the right balance between the two.

  • Then it's a good thing that no countries have pure capitalism for their economy.

    We need regulation on corporations to keep them in check.

  • It also helps when the ears are angled in a way that makes it look like a unicorn.

  • Sometimes tar just comes up naturally from underground and ends up in the ocean.

    This is especially common if they're talking about “tar patties the size of a sand dollar”.

    Edit: Looks like this is actually 'asphalt' that comes up naturally. For those who haven't heard of this phenomenon before: https://tarpits.org/experience-tar-pits/la-brea-tar-pits-and-hancock-park

    It occurs throughout the world in a number of different locations. I'm not saying that this is what's happening here, but it's definitely a possibility, especially when people describe "tar patties the size of a sand dollar".