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@Khasahndra wrote:

@Fishslayer777 wrote:

A system that promotes discovery, innovation, science, self reliance, responsibility and manufacturing independence. 


Once upon a time, long long ago, Capitalism did that, but that was 40-plus years ago.

 

Now "discovery" is limited to finding ways to lie cheat and steal without getting sued. "innovation" is how to circumvent patient law, "science" is whatever Sean Hanity said last night, "self reliance" is only for people, not Corporations, "responsibility" is for loosers and not leaders and "manufacturing independence" was outsourced to Red China.

 

Our Corporations gave up innovating because tweaking whats already there to change the appearance but not the substance is so much more profitable.

 

When did Big Pharma last CURE a disease? Polio? Now all we get are ways of TREATING a disease or condition so the sales of the "solution" go on until death.

 

Every "improvement" in the automobile, air and water quality and public health has been a result of GOVERNMENT REGULATION.  Republicans ended decades of gains in gas mileage, reduced levels of mercury in our bodies and chronic asthma by DEregulation every chance they got. America is the ONLY advanced Nation where the life expectancy is DECREASING.

 

In the 1950's and 60's, a single income could support the average family which, in addition to doing better financially every year, was able to save, on average, 10% of their income. Thanks to the Reagan taxscam, and subsiquent giveaways to the uberrich, the average household needs TWO jobs to survive, real wages are at the same level they were in 1964 with the percentage of income going for taxes 40% higher for the 90% but 40% LOWER for the top 1%, and savings are less than 1% of income with 40% of American families unable to absorb an unexpected expense of $400 WITHOUT BORROWING.

 

Freedom and democracy cannot survive with elected Republicans redistributing all the income and wealth from the bottom 90% to the top 10%, and, since that redistribution is the ONLY consistant feature of Republican legislation, we cannot survive with Republicans in office.

 


Some real serious stuff going (in there) .... and none of it good. Fringe response derived from CNN and democrat talking points. 

 

We are the great innovators right now. Science leads the way, followed closely by an entrepreneurial spirit. To the OP's point... surplus is a product of success... however sometimes people have more money than sense. Some excess is reasonable while some is pure waste. 

 

Good stewardship is lost in todays world and is a product of wisdom. 

 

Back in the day when single parent households were rare, there were more DIY'er, especially the mom's,  so it was more prevalant. If you both work now, you have little time to DIY. ... and pay for services. 


Libs are nuttier than squirrel poop
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Two thoughts. Not necessarily in order of impact.

 

There are still many places where basics are scarce. Water is one of them and it's happening here in the US. And will continue to happen as long as climate change isn't addressed. So innovation to help deliver those still-needed resources globally will create jobs. 

 

Second, there has been a significant service economy component for a long time now. Most younger people I know don't buy many "things" but instead rather travel and do stuff.  I don't see services going away.  Medical, skilled labor, repairs, professional labor. 

You could combine the two. Create a huge revitalization and innovation plan for our infrastructure. Our power, our transportation, our communication. A grand plan to rehab them all, and that alone would create millions of jobs. A true shift to green energy. An investment in a solid, secure power grid. A renewed look at modes of and platforms for transportation. Individual cities do it. But it would be much more powerful and effective on a national scale.  

Who can create a material for roads that's durable and lets rain drain through? Who can revitalize our power grid and make it self sufficient and clean? How can city and rural planning help reduce western forest fires? Is there a better way to deal with beaches than spend billions on restoration after every major storm? How do we ensure internet/communications access to every home so that kids have equitable platforms on which to learn? (A real problem right now).  What does equitable, effective access to medical care look like and how do we get there? 

There are MANY opportunities for innovation if people in Congress would stop protecting certain industries.

 



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Message 3 of 6

@Fishslayer777 wrote:

A system that promotes discovery, innovation, science, self reliance, responsibility and manufacturing independence. 


Once upon a time, long long ago, Capitalism did that, but that was 40-plus years ago.

 

Now "discovery" is limited to finding ways to lie cheat and steal without getting sued. "innovation" is how to circumvent patient law, "science" is whatever Sean Hanity said last night, "self reliance" is only for people, not Corporations, "responsibility" is for loosers and not leaders and "manufacturing independence" was outsourced to Red China.

 

Our Corporations gave up innovating because tweaking whats already there to change the appearance but not the substance is so much more profitable.

 

When did Big Pharma last CURE a disease? Polio? Now all we get are ways of TREATING a disease or condition so the sales of the "solution" go on until death.

 

Every "improvement" in the automobile, air and water quality and public health has been a result of GOVERNMENT REGULATION.  Republicans ended decades of gains in gas mileage, reduced levels of mercury in our bodies and chronic asthma by DEregulation every chance they got. America is the ONLY advanced Nation where the life expectancy is DECREASING.

 

In the 1950's and 60's, a single income could support the average family which, in addition to doing better financially every year, was able to save, on average, 10% of their income. Thanks to the Reagan taxscam, and subsiquent giveaways to the uberrich, the average household needs TWO jobs to survive, real wages are at the same level they were in 1964 with the percentage of income going for taxes 40% higher for the 90% but 40% LOWER for the top 1%, and savings are less than 1% of income with 40% of American families unable to absorb an unexpected expense of $400 WITHOUT BORROWING.

 

Freedom and democracy cannot survive with elected Republicans redistributing all the income and wealth from the bottom 90% to the top 10%, and, since that redistribution is the ONLY consistant feature of Republican legislation, we cannot survive with Republicans in office.

 

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So, if we no longer have scarce resources, what kind of economic system makes sense? 

 

A cooperative one, not a competitive one.

 

I watched a documentary on the TVA yesterday, I was wowed by what they did,  that was 1933

 

That's the kind of economic system we need.

 

 

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A system that promotes discovery, innovation, science, self reliance, responsibility and manufacturing independence. 


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The economics of surplus

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Economic systems are supposed to provide an efficient method of distributing scarce resources. The world is rapidly approaching the tipping point of zero scarcity. Oil hit negative value for God's sake. Paris Hilton, not a business intellectual, makes millions every year. Too much food, too many clothes, too many cars are produced each year with more and more done by machines. Automation is taking over jobs at a furious rate and the coronavirus will accelerate that. 

 

So, if we no longer have scarce resources, what kind of economic system makes sense? 

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