daeadelus funk (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} theleftovers) wrote in dpodbori, |
freedom of ignorance
The attraction to willful ignorance of Oil limits revolves around the practice of free trade, immigration, giant corporate mergers, etc.
It goes like this: Fundamental Capitalism is dividing a company into shares of stock, selling that stock, and using the proceeds to pay for capital equipment, labor, tools, and land. Beyond a certain point the costs of labor and executive compensation, expenses, as well as new equipment, tools, and land, should come from the sales of the companies goods or services.
The limitation of this is that the growth of the company will usually plateau, which is ok considering economic theory calls for unlimited competition as a condition of said theory being sensible. This doesn't appease the wall-street brokers, gamblers, and hucksters. Psychologically they need massive companies and massive mergers. New forms of leverage are used to finance such ventures. The resulting conglomerates create barriers to entry into the field in the domestic sense, erasing another condition of capitalism making sense.
The executives and top officers want enormous compensation. In a state of market efficiency under economic theory total revenues = total expenses. Corporate jets and 10 million dollar bonuses aren't a justifiable expense.
To work around all this the lobbyists and importers peddle the junk theory of free trade. This appeals to the gamblers in us: The prospect of buying stock in a small foreign company for cheap, and then having that company grow as a result of trade barriers to the U.S. being dropped and transportation of goods being subsidized, appeals to the psychological buttons that allow speculators to bid up the price of stock. Domestic companies that experience similar growth through outsourcing experience similar market speculation.
The natural equilibrium between resource consumption and natural resource availability is maintained in a free market economy only when there is little trade between regions of vast socio-economic stratification.
The natural equilibrium between resource consumption and natural resource availability is maintained in a free market economy only when little trade between regions seperated by vast distance.
In the Post-WWII era of pro-free trade policy our way of life has become so warped most of us can little concieve of the idea we use automobiles too much. Or that our houses are too big, too air conditioned, and our home theatres replaced too often.
The promotion or imposition of free trade policies has resulted in giant upsets to the culture and economies of Mexico and many other developing nations, resulting in massive illegal immigration to the United States, genicide in Africa, and looming over-population disasters in Asia.
The interference in political, civil rights, and labor issues in developing countries at the behest of large American corporations has had the afformentioned results, as well as costly civil wars to those regions, and the expense of costly expeditionary wars for the United States.
The attraction to willful ignorance of Oil limits revolves around the practice of free trade, immigration, giant corporate mergers, etc.
It goes like this: Fundamental Capitalism is dividing a company into shares of stock, selling that stock, and using the proceeds to pay for capital equipment, labor, tools, and land. Beyond a certain point the costs of labor and executive compensation, expenses, as well as new equipment, tools, and land, should come from the sales of the companies goods or services.
The limitation of this is that the growth of the company will usually plateau, which is ok considering economic theory calls for unlimited competition as a condition of said theory being sensible. This doesn't appease the wall-street brokers, gamblers, and hucksters. Psychologically they need massive companies and massive mergers. New forms of leverage are used to finance such ventures. The resulting conglomerates create barriers to entry into the field in the domestic sense, erasing another condition of capitalism making sense.
The executives and top officers want enormous compensation. In a state of market efficiency under economic theory total revenues = total expenses. Corporate jets and 10 million dollar bonuses aren't a justifiable expense.
To work around all this the lobbyists and importers peddle the junk theory of free trade. This appeals to the gamblers in us: The prospect of buying stock in a small foreign company for cheap, and then having that company grow as a result of trade barriers to the U.S. being dropped and transportation of goods being subsidized, appeals to the psychological buttons that allow speculators to bid up the price of stock. Domestic companies that experience similar growth through outsourcing experience similar market speculation.
The natural equilibrium between resource consumption and natural resource availability is maintained in a free market economy only when there is little trade between regions of vast socio-economic stratification.
The natural equilibrium between resource consumption and natural resource availability is maintained in a free market economy only when little trade between regions seperated by vast distance.
In the Post-WWII era of pro-free trade policy our way of life has become so warped most of us can little concieve of the idea we use automobiles too much. Or that our houses are too big, too air conditioned, and our home theatres replaced too often.
The promotion or imposition of free trade policies has resulted in giant upsets to the culture and economies of Mexico and many other developing nations, resulting in massive illegal immigration to the United States, genicide in Africa, and looming over-population disasters in Asia.
The interference in political, civil rights, and labor issues in developing countries at the behest of large American corporations has had the afformentioned results, as well as costly civil wars to those regions, and the expense of costly expeditionary wars for the United States.
