“don’t you think they would do it if it was profitable??” ignores the numerous examples of companies sleep walking off a cliff due to attachment to their existing way of doing things, or delusional belief that their business model will never need to change, or just sheer idiocy on the part of management.
More you might like
“Capitalism with a Human Face”
lol i bet this is a exhilarating read
Honestly, these sorts tend to overestimate the degree to which marketers are just being desperate.
You Can’t Have It All (even in communism)
In past ages, communists, socialists, and anarchists were usually reacting to a world in which resources were scarce in general as well as in specific and in which the situation of the poor in general was one of miserable deprivation. Meanwhile, the future potential of automation and robotics – machines which might not merely reduce the amount of work that needed to be done, but largely eliminate it – was not really visible.
Today things are… different.
It’s pretty common that I see far leftists more-or-less promising the following after a Revolution:
1. That it will no longer be neccessary for everybody to work, and moreover that people will be permitted not to work, and yet to have enough to live on, without needing to justify not working to anybody.
2. That industry will change to vastly decrease damage to the enviroment
3. That material quality of life and industrial capacity will not catastrophically plummet, especially not in things like medical technology
I think that this is… very optimistic. The kind of optimistic that no wise person would ever bet on.
Some far leftists claim that communism is more efficient and will do better than capitalism. This is unlikely. The Soviet Union did great things – industrializing rapidly after everyone else had a head start and after having the Nazis burn half their country – but they were just catching up to others, and they were oppressive, enviromentally destructive, and didn’t let people not work by any means. It didn’t last.
(However, in the post-Stalin soviet union, there were some labor rights that would make Americans drool.)
If you combine this with confiscationism and the intersectionality thing where anybody’s position in the grand hierarchy of justified people can be questioned, you have a nightmare: a society that continually eats itself, finding new classes of “bourgeoise” and kulaks and “counter-revolutionaries” to force into slave labor or just murder and loot, so that the Beautiful People can have their gleaming solarpunk utopia and their communism of leisure.
I do not wish to suggest that I intend to be the enemy of hope; our current system is unjust and needs to be reformed. We can reform it in a way that will turn automation from a curse into a blessing, and which will improve peoples’ lives now and in the future. But this will not be revolution but counter-revolution, and will have no place for bloodstained red flags.
Endorsed.
“Movies will be free after the revolution!”
Movies take the work of hundreds, sometimes thousands, of people. How will we decide where to allocate our resources for the best results?
Centralized committee!
Yes! The State Administration of Press, Publication, Radio, Film and Television smiles upon you!
LMAO RIP IN FUCKIN PIECE
F
OH MY GOD


THERES MORE
ANOTHER person got fucking obliterated by margin trading, but this time on COINBASE over the same flash crash


So the ether whales, in triggering a flash crash, fucking murdered two morons who LOST EVERYTHING in their amateur trading habits


POWERUPDATE:
THESE TWO WERE PART OF 800 (maybe more) RICH, BLUE WHALE INVESTORS WHO GOT FUCKING OBLITERATED WHEN SOMEFUCK WITH FAT FINGERS ACCIDENTALLY SOLD DOWN $3 MILLION OF ETHEREUM, TRIGGERING A CASCADE OF AUTOMATIC EMERGENCY STOCK DUMPS, ALL THE WAY DOWN TO TEN CENTS PER ETHEREUM

https://blog.gdax.com/eth-usd-trading-update-5d8142b5bdc1
LITERALLY CRYPTOCURRENCY HISTORY ON PAR WITH THE HACKING OF MT. GOX
imagine you have 1000 ETH, that’s roughly $320,000
imagine if your stop loss was triggered during this cascade and thus sold ALL OF THAT at ten cents each while you were away
That $320,000 worth of ethereum just sold for $100
5 minutes later, the price is back to $300 and your $100 of ethereum can only buy you back one third of an ethereum.

woah.
This is /biz/-level mastery of finance holy shit
anarcho-capitalism is totally stable and self-consistent u guise
Alternative fact: cryptocurrency is a project aimed at teaching libertarians why regulations exist and how finance works
Okay, I had the OP queued for the adorable art at the end, but I must reblog this comment.
By the by, @kissingerandpals, one of the reasons I’m not a pure Capitalist is that I think such things should be voluntary, even living in communities based on it.
If you are a purist Capitalist and not a Transhumanist, then I suggest abandoning Capitalist purism. In the long run, Capitalism will sell you out to Transhumanism unless it is leashed by a strong hand. Its alignments with traditionalism in some cases are less to do with its fundamental nature as technology increases, and more to do with other factors (like not needing the same structure to enforce as the economy of the USSR).
I am not a capitalist, I do not know how you came to this conclusion.
“If” wasn’t a throwaway word, I really did mean “if you are…”.
A lot of the people who are against Transhumanism are also Traditionalists and Capitalists, who have bought into the right-wing moral justification for Capitalism.
I disagree with the right-wing moral justification for Capitalism, partially because I worry about some of the dark futures it may create, so I leverage people’s hatred for/fear of cybernetics and the like in order to convince them to ditch it.
If not you (maybe you’re a Communist or a Distributist or something), then one of the other readers will be both averse to Transhumanism and a moral Capitalist.
Socialist countries have a really bad track record of human rights abuses and a strange set of failings that are either specific to them or unusually prominent compared to the general zeitgeist, so you can draw decent conclusions like “don’t break systems a lot of people depend on, just cuz” and “freedom of press is actually really important” and “science shouldn’t be controlled by the state’s ideology ever”
instead people realize that Marx was wrong about something and the Soviet Union killed people and then go become tankies but for capitalism
I guess the real question is, “is it possible to avoid these known horrible bugs in Communism/socialism, or is it time to go look for something else and try to make that work?”
The vast majority of Communists I’ve encountered in person or online don’t seem to be trying to avoid the known problems. They either ignore/don’t know/pretend to not know about the historical issues, or they consider eg. genocide a feature rather than a bug.
It’s certainly possible to try avoiding these bugs, or dramatically improve the current social order, or to try and build some other system entirely, but then/instead you get people like @redbloodedamerica openly celebrating fucked up shit because capitalism is good and cool and therefore bonded labor is good and cool also, hence, tankies but for capitalism.
Anarchists say they’re against it, but I’ve never seen them lay out how they would prevent it from happening except to claim they wouldn’t have a state - but Catalonia had death squads, perhaps not Stalin-tier death squads, but apparently it did have them. I think the way to socialism now, the way to actually convince people, is to stop telling people to embrace a Communist revolution and instead buy up a huge tract of land in a country with a weak central government and demonstrate a real, working, unoppressive, prosperous model.
I don’t actually think they have that model, so I don’t see myself supporting Communism over Boring Welfare Capitalism any time soon.
I was bored so I wanted to do a ballpark estimate for the excess deaths resulting from the Communist victory in the Chinese Civil War, assuming that a counterfactual Nationalist China would have the crude death rates of Taiwan rather than the crude death rates of China between 1953 and 1979.
It’s about 158 to 161 million.
Now, that isn’t appropriate or fair. It’s not appropriate because CDRs aren’t comparable across populations with different age structures – once you get to the 1980s It’s unfair because Taiwan had lower CDRs than Mainland China when the comparison started.

We can also ask the question of how rapidly the Nationalists and Communists reduced its mortality from the same starting point. Because the Nationalists had 18 deaths per 1,000 in 1947, we might as well start there; the Communists had the same death rate a decade later, in 1957. So what happens if we start the clock running in 1957? How does that look?

Not great for the Communists. The Communists still have about 80 million excess deaths between 1957 and 1979, of which about 39 million are from period between 1958 and 1961.
Well, I guess you can’t win ‘em all.
hey you can’t make an omelette without killing fifty million people
Like others, Ryan reasonably selects as Exhibit A of the criminal indictment the Chinese famines of 1958-61, with a death toll of 25-40 million, he reports, a sizeable chunk of the 100 million corpses the “recording angels” attribute to “Communism” (whatever that is, but let us use the conventional term). The terrible atrocity fully merits the harsh condemnation it has received for many years, renewed here. It is, furthermore, proper to attribute the famine to Communism. That conclusion was established most authoritatively in the work of economist Amartya Sen, whose comparison of the Chinese famine to the record of democratic India received particular attention when he won the Nobel Prize a few years ago.
Writing in the early 1980s, Sen observed that India had suffered no such famine. He attributed the India-China difference to India’s “political system of adversarial journalism and opposition,” while in contrast, China’s totalitarian regime suffered from “misinformation” that undercut a serious response, and there was “little political pressure” from opposition groups and an informed public (Jean Dreze and Amartya Sen, Hunger and Public Action, 1989; they estimate deaths at 16.5 to 29.5 million).
The example stands as a dramatic “criminal indictment” of totalitarian Communism, exactly as Ryan writes. But before closing the book on the indictment we might want to turn to the other half of Sen’s India-China comparison, which somehow never seems to surface despite the emphasis Sen placed on it. He observes that India and China had “similarities that were quite striking” when development planning began 50 years ago, including death rates. “But there is little doubt that as far as morbidity, mortality and longevity are concerned, China has a large and decisive lead over India” (in education and other social indicators as well). He estimates the excess of mortality in India over China to be close to 4 million a year: “India seems to manage to fill its cupboard with more skeletons every eight years than China put there in its years of shame,” 1958-1961 (Dreze and Sen).
In both cases, the outcomes have to do with the “ideological predispositions” of the political systems: for China, relatively equitable distribution of medical resources, including rural health services, and public distribution of food, all lacking in India. This was before 1979, when “the downward trend in mortality [in China] has been at least halted, and possibly reversed,” thanks to the market reforms instituted that year.
Overcoming amnesia, suppose we now apply the methodology of the Black Book and its reviewers to the full story, not just the doctrinally acceptable half. We therefore conclude that in India the democratic capitalist “experiment” since 1947 has caused more deaths than in the entire history of the “colossal, wholly failed…experiment” of Communism everywhere since 1917: over 100 million deaths by 1979, tens of millions more since, in India alone.
That’s Noam Chomsky’s point.
xhxhxhx: right, but Taiwan seems to have managed it without the surplus corpses
Do you think that’s because it’s a smaller island with a lot fewer people on it maybe?
Or, just gonna put this out here,
The cultural starting conditions between China and India are not the same.
We’re supposed to consider that irrelevant because all cultures are equal and human beings are just economybots, but… have you observed the records for overseas Chinese as compared to other populations?
That feeling when you have been clothes/shoe shopping and you want to shout in the middle of the store
Just give me a freaking nanofab already!
I want to pick some shoe designs, scan my feet, and have a computer deal with everything else.
You don’t need nanotechnology for that, and it’s only going to be about 20 years before it starts to become mainstream.
And then he’s shocked and horrified when people accuse him of being a reacto
The head-slapping part of this is that it assumes that the difficult part about running a government is all the gosh-darned records processing, and not the bit about maintaining the consent of the governed.
States don’t fail because they can’t process paperwork efficiently enough, they fail because the people decide that an alternative offering is more compelling.
(or more uncharitably: this is the most ignorant post X has ever made, and will remain so until X posts again).
Oh, Eliezer, honey kun,
Culture is a wave, government is a wave, nations are a wave, and they’re all a web.
Libertarianism is not the default policy position into which society falls if it isn’t interrupted. Democracy is not the default policy position into which society falls if it isn’t interrupted.
They are both high-level ideological constructs that require constant reinforcement and social, cultural, and material support to maintain.






