tag:blogger.com,1999:blog-36646589.post6952204848326779600..comments2023-10-30T19:03:59.225+01:00Comments on David Seaton's News Links: Capitalism: is we is or is we aint?David Seaton's Newslinkshttp://www.blogger.com/profile/00269813419598042699noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-36646589.post-88315721545411654022013-02-20T13:38:57.661+01:002013-02-20T13:38:57.661+01:00Thanks to topicThanks to topicumzughttp://www.luxusumzug.at/noreply@blogger.comtag:blogger.com,1999:blog-36646589.post-84074369387919232592013-02-18T07:34:05.774+01:002013-02-18T07:34:05.774+01:00Revolutions happen when all this meets in the midd...Revolutions happen when all this meets in the middle. If people are too long denied, they finally gather together and take it.David Seaton's Newslinkshttps://www.blogger.com/profile/00269813419598042699noreply@blogger.comtag:blogger.com,1999:blog-36646589.post-51344701647111455782013-02-18T04:01:48.667+01:002013-02-18T04:01:48.667+01:00"Now, it seems to me, that having a job, owni..."Now, it seems to me, that having a job, owning a home, getting an education, paying medical bills, are basic human needs that almost all human beings rightfully aspire to, and rightfully demand"<br /><br />Having a job is not a right. Shelter might be, but owning a home the size and comfort of the average American house is not. Education is not a right. Health might be, but the full spectrum of modern medicine at whatever cost you can afford is not.<br /><br />From an Austrian perspective, I believe the answer to the question you posed is just to suffer until technological (exogenous) growth catches up. This may be cruel, but not inconsistent with the claims of capitalism.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-36646589.post-72544483034437698112013-02-17T19:06:19.337+01:002013-02-17T19:06:19.337+01:00Thanks for coming. I always enjoy your commentsThanks for coming. I always enjoy your commentsDavid Seaton's Newslinkshttps://www.blogger.com/profile/00269813419598042699noreply@blogger.comtag:blogger.com,1999:blog-36646589.post-38091659702612553712013-02-16T14:45:56.320+01:002013-02-16T14:45:56.320+01:00Thanks for the Valentine's day missive.
It...Thanks for the Valentine's day missive.<br /><br />It's difficult to see through the fog where this crisis is going. Making any sense of it is all the more difficult as, in the U.S. at least, public thinking (save a few open, curious minds) has devolved into gangs or political cults which seemingly can't find breathing room without expending huge energy trashing those identified as opponents; energy that would be better used if applied to thinking things through, also known as muddling along, this being antithetical to the comfort of the favorite blanket of gang identity or group-think.<br /><br />As a resident of Spain, you have a front row seat in the unfolding economics of the austerity remedy and I can only agree that the result is likely to be disastrous. But would massive state spending, as an alternative, to re-ignite the economy only be a hymenoplasty, to borrow from your inscrutable neurons, leaving an obsolete system in place? Are the world's stock markets and shareholders necessary at all, given that allegiance to them and their profits seemingly pipe the dice rendering workers obsolete? Is massive profits for few a sustainable system when the ordinary "consumer" can only afford to pick through the trash?<br /><br />To finish, I would like to say that your willingness to share your thinking out loud in this blog is very refreshing regardless of what take one has on the result, as is your foregoing any sneering response to those who disagree.stuntednoreply@blogger.com