SolarCross wrote:Non-sequitur, that relatively rich people tend to begat relatively rich people and relatively poor people tend to begat relatively poor people in general does not indicate a class system in commerce.
Pants-of-dog wrote:Yes, it does indicate that. That is pretty much the defintion of a class system.
"Class" maybe, for those with a fetish for categorising, pretty much anything can be split up into classes so indeed why not earning ability? However "system" implies some
design which I don't see as being relevant to commerce. Academia yes, that is a class
system, the military yes that is a class
system, because both are class systems by
design. Commerce however is too big, too variable, too massively multi-polar, too anarchistic to be a class system by
design... the world of commerce has more in common with an eco-"system" than the stuffy and rigid artificial constructs of academia or the military. Ironically enough if you were to get all of human economic activity booted under one global totalitarian communist thing then the world of commerce would then acquire an actual class system where before it had not, is that not so?
SolarCross wrote:More than money is inherited by children from their parents: talents, knowledge, habits, social connections, expectations and aspirations are also passed on, so it is and that is just fine. All rich people had a poor ancestor if you go back far enough.. Not everyone wants to be rich, at least not seriously enough to make it happen but they can make it happen if they want. Moreover as TtP already explained to you, becoming rich comes from well paid work NOT from "owning the means of production". Working as a CEO of a big business, best selling novelist, star athlete, specialist surgeon, or top lawyer will make you rich, owning shares in a factory will not by itself. Returns on capital for passive investors are not that much it is like 5% pa after currency depreciation on average and that is for working assets like factories or shops, it can be more but it can also be less than zero! Passive assets on average lose value over time, because of entropy. The path to riches is in smart choices in work and resource deployment (and some luck) not from owning stuff. Owning stuff is the pay off for working, as a way of preserving value accrued from work (often vainly) and as a cost to enable working most effectively. Who earns the surgeon's pay, the surgeon or his scalpel? Who earns the novelists pay, the novelist or his word processor? Who earns the toilet tissue factory's pay, the employees from the CEO down to the floor sweeper or the tools they use?
Pants-of-dog wrote:Use paragraph breaks when switching ideas. I am not going to parse this monstrosity into an argument.
Meh it wasn't that big a paragraph, what is your reading level classification?
Okay I'll split it up for the high school drop out class, as so:
More than money is inherited by children from their parents: talents, knowledge, habits, social connections, expectations and aspirations are also passed on, so it is and that is just fine.
All rich people had a poor ancestor if you go back far enough..
Not everyone wants to be rich, at least not seriously enough to make it happen but they
can make it happen if they want.
Moreover as TtP already explained to you,
becoming rich comes from well paid work NOT from "owning the means of production".
Working as a CEO of a big business, best selling novelist, star athlete, specialist surgeon, or top lawyer will make you rich, owning shares in a factory will
not by itself.
Returns on capital for passive investors are not that much it is like 5% pa after currency depreciation on average and that is for working assets like factories or shops, it can be more but it can also be
less than zero! Passive assets on average
lose value over time, because of entropy.
The path to riches is in smart choices in work and resource deployment (and some luck) not from owning stuff. Owning stuff is the pay off for working, as a way of
preserving value accrued from work (often vainly) and as a
cost to enable working most effectively.
Who earns the surgeon's pay, the surgeon or his scalpel? Who earns the novelists pay, the novelist or his word processor? Who earns the toilet tissue factory's pay, the employees from the CEO down to the floor sweeper or the tools they use?
Was that easier for you to read?
SolarCross wrote:It does. Also hard work is not the winning ticket, working smart is the winning ticket. I can bust a gut working hard by digging random holes out in the desert with my bare hands that no one wanted but it won't and SHOULDN'T make me anything but tired. Making the slightest of cuts with a laser to an arterial blockage in someone's brain is not hard work at all but if it saves that person's life it should result in a very, very good pay off. Work is a cost, the value of the product of that work is the pay off, the difference between the two is the profit or loss depending on which is the greater.
Pants-of-dog wrote:None of this contradicts what I said. Please note that the guy digging holes is almost certainly not going to make enough money to send his kids to medical school.
So you acknowledge what I said as true? Please note that the guy digging random holes in the desert for no reason is probably be too dumb to interest any woman into allowing him to impregnate her, thus is unlikely to produce, except by rape, any offspring to want any kind of education, let alone an expensive one. Also note medical degrees are not the only way to get on in life. Guess what the educational certification level you need to start your own business? That is right, there is none! How is that for literally
classless...?
SolarCross wrote:There is nothing wrong with parents making gifts to their children in life or on their death. There is nothing wrong with that. It is at least half the reason for trying to be successful in life in the first place. If you are mad you didn't get a fat inheritance you should blame your own parents before you blame those that did pass on a rich estate. Or better get over it, quit whining for hand outs and make your own fortune. I dare say Bill Gates children will have a fantastic good start in life, while I am practically an orphan with nothing to get from my parents even if they would give it, do I care? No, not all. I am neither jealous, envious nor angry. I am totally indifferent. You should be too.
Pants-of-dog wrote:My feelings have nothing to do with it, so I have no idea why brought them up.
You brought up inheritance with an implication that there is something wrong with it.
You did that.. So yeah that is your
feelings motivating you to do that.
Pants-of-dog wrote:Now, the fact that people pass their riches onto their children is one of the ways in which the class system is perpetuated in capitalism.
No it is just something people do, have always done and always will do and really they
should do. You will have more luck curing people of a liking for alcohol as you will of stopping people helping their children, it is practically biological.
Bill Gates' children may well be born millionaires or even billionaires but in all probability they will finish their life poorer than they started it. Same goes for the children of other top earners like the author J. K. Rowling. Her
grandchildren will probably also be poorer than their parents. The estate left behind by super earners like Bill Gates or J. K. Rowling may be so epically huge that it takes many generations of bungling and fecklessness to completely fritter away but it will happen all the same, entropy spares none.
SolarCross wrote:Whereas...
I want to choose which if any health services I patronise and I don't expect someone else to be forced to pay for me.
I am happy with the air, water and earth as it is.
I want to choose which educational services I use and don't expect someone else to be forced to pay for me.
Trade and industry have already solved that problem in the country I live in, through profit seeking enterprises like farms and supermarkets. I do hope those poor people in socialist countries starving to death because of ideological imbeciles trashing the economy for their own stupid lulz can one day be free from the cancer of socialism that causes their increasing poverty and consequent starvation. To help those people I would support military intervention as it may be the only way to save them.
Pants-of-dog wrote:As long as we agree that your weird communism idea was just a strawman.
You also know very little about socialism.
You also would support Pinochet, supposedly.
Yes Pinochet was good. The only fault I can find in him is that he didn't kill enough socialists.
Pants-of-dog wrote:I don't want the government to make people poor, they should stick to what they are good at which is running a military and providing the force to make a civil society possible. I would be happy with a total tax take amounting to 5% or so of GDP, to go to funding the military and police. Us civilians can do the rest better.
Pants-of-dog wrote:If you are a cpaitalist, then you do support a gov't that makes people poor. All capitalist countries have poor people.
No, I support people making their own choices and living with the consequences. My government probably does make
some people poor, anyone caught and convicted by them for committing a crime, such as theft, rape, murder or trading in narcotics will very likely go to prison and take a massive hit to their earning ability and future prospects... that happens... is it something that shouldn't happen? I don't know, honestly. What do you think?
SolarCross wrote:Seems we are enemies then. You want a totalitarian dystopia, I want a return to rational governance. Neither of us can have much impact on which transpires for the lands we live in, but I think time will prove my hopes the more likely to happen as I already explained to you earlier, totalitarianism had utility for governments only on the back of the rifle, now they don't need masses of warm bodies for cannon fodder to win their wars so they don't need us dependant, controlled and indoctrinated for our military potential. We can be civilians and they can leave us be providing we still pay them enough to keep their cruise missiles and AI piloted attack drones running.
Pants-of-dog wrote:Actually, you have no idea what my position is and instead you make up some weird socialist dystopia and then incorrectly assume I support it.
Well maybe you should straighten me out on that?