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  1. #1651
    CC Grandmaster Ian Murray's Avatar
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    Socialism: When the fire service turns up to fight your house fire

    Capitalism: When your insurance company rejects the claim

  2. #1652
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    Quote Originally Posted by Ian Murray View Post
    Socialism: When the fire service turns up to fight your house fire

    Capitalism: When your insurance company rejects the claim
    Socialism when your house is burning...but you are happy that the neighbours houses are burning as well...so it is fair .
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  3. #1653
    CC Grandmaster antichrist's Avatar
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    Quote Originally Posted by MichaelBaron View Post
    Socialism when your house is burning...but you are happy that the neighbours houses are burning as well...so it is fair .
    That was the exact response of the British Queen Mother when the NAZI bombed her mansion she said : at least now she can look the common folk in the eye now when visiting bombed out neighbourhoods (because they were equal). Whereas you be directing the Luftwaffe to the slum areas to clear the "garbage".
    Zionism is racism as defined by the UN, Israel by every dirty means available steals land and water, kill Palestinian freedom fighters and civilians, and operates an apartheid system to drive more Palestinians off their land

  4. #1654
    CC Grandmaster Ian Murray's Avatar
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    Yes, AAP provides basic, reliable content. But from an insider’s perspective, it kicks ass

    ... While the outside view of AAP may be that it serves to provide routine and reliable content, filling a void while freeing up other media outlets’ journalists to do the important investigative work, that’s not how I, or colleagues I knew, operated. If we did, the copy would have been substandard and would not have adhered to the organisation’s and our own personal standards of speed, accuracy, quality and creativity.

    We took immense pride in our work. In our minds, we weren’t filing stories to fill the gaps in newspapers or provide routine, basic content – we were striving for the highest quality journalism in the hope we might get a byline rather than our work ripped off. We wanted to write a good yarn, to expose corruption and inequality, to entertain, to make a difference. We worked just as hard – sometimes harder – than any other journalists.

    The outpouring of support for AAP from different sections of the media this week is welcome and encouraging. In my experience, AAP journos could be looked down upon by our media colleagues and sometimes subject to treatment that would not have been afforded to other members of the media. If there was a pecking order, we were not at the top.

    Ben Butler’s report that News Corp and Nine, AAP’s major shareholders, did not want to subsidise the news service for competitors is a brutal reality. It smacks of a lack of innovation and imagination in not allowing AAP to continue under a different model, but why would they want that? Because as a competitor, especially in the breaking news space, AAP would kick ass. ...

  5. #1655
    CC Grandmaster Capablanca-Fan's Avatar
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    The free market, including so-called price-gouging,is the best prevention of hoarding

    The Government Declares War on Market Prices Just When We Need Them Most
    Market prices are the best way to keep up with shifts in demand. Let's let them work as they're supposed to.
    Tom Mullen, FEE, 28 Mar 2020

    arket prices are the foundation of civilization. They are the signal that tells producers how much of any one thing to produce. They tell consumers how much to consume or whether to consume a product at all. The reason retailers don’t normally throw away 80 percent of their stock is because market prices tell them how much to have on hand at any one time to meet current demand.

    When they miscalculate and buy a little too much, they still don’t typically waste their stock. They put it on sale and meet the demand at a lower price.

    To the extent the market is allowed to set prices, producers generally produce what consumers want to buy in the quantities they want to buy. When all supply is consumed and large amounts of consumers are not left with unmet demand, it is referred to as the market “clearing.”

    The government is always and everywhere at war with market prices. Regulations creating barriers to entry limit supply, artificially inflating prices. Price controls, including “anti-price gouging” laws override market prices, creating shortages. Subsidies to producers (farm subsidies, for example), allow producers to limit supply, artificially inflating the price.

    Why is there no toilet paper available? Ask most people and they will say it is because of “hoarders.” These are people who bought far more than they needed in anticipation of future shortages. The people who arrived at the store after the toilet paper is sold out vilify them. Others might just call them prudent.

    The same people who vilify hoarders also vilify “price gougers.” They don’t seem to grasp the obvious cause/effect relationship here. If it weren’t for artificial limits on price, i.e., “anti-price gouging” laws, the price of toilet paper would rise dramatically with the surge in demand and the so-called hoarders would not be able to buy nearly as much. That would leave far more for everyone else. The toilet paper market would find the optimal price level where the greatest number of people could get what they need.

    We may be able to laugh off the shortage of toilet paper, but when it comes to food, water, medical supplies and other important items, shortages are no laughing matter. Why are there not enough ventilators right now? Because government regulation raises the price of entry into the market and lengthens the lead time for new production. If not for these artificial barriers, hundreds of new ventilator producers would seize the opportunity to enter the market and sell ventilators.

    The free market doesn’t produce perfect outcomes. It’s an imperfect world. But a free market produces the best possible outcomes in the real world of scarcity and occasional disasters. Prices are the lifeblood of the free market. They are what make it produce the best outcomes. Every time the government overrides market prices, it makes things worse—in most cases, unfortunately, to thunderous applause.
    “The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty.”
    “There’s no point blaming the tragedies of socialism on the flaws or corruption of particular leaders. Any system which allows some people to exercise unbridled power over others is an open invitation to abuse, whether that system is called slavery or socialism or something else.”—Thomas Sowell

  6. #1656
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    Quote Originally Posted by Ian Murray View Post
    Socialism: When the fire service turns up to fight your house fire

    Capitalism: When your insurance company rejects the claim
    In the real world: Socialism when fireman have no incentive to master their profession. Capitalism: in order to keep their jobs and advance careers furthers - fireman keep upskilling!
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  7. #1657
    CC Grandmaster Capablanca-Fan's Avatar
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    Quote Originally Posted by MichaelBaron View Post
    In the real world: Socialism when fireman have no incentive to master their profession. Capitalism: in order to keep their jobs and advance careers furthers — fireman keep upskilling!
    Of course!

    These socialists also don't realize that naturally nice and helpful people will help under both capitalism and socialism. But only capitalism incentivises nasty and unhelpful people to be nice and helpful, if they want to keep customers.

    We also see cognitive dissonance:

    American Leftists: the Government has done a crappy job responding to the Covid-19 crisis.
    Also American Leftists: the Government should be in charge of our health care.
    “The history of the 20th century is full of examples of countries that set out to redistribute wealth and ended up redistributing poverty.”
    “There’s no point blaming the tragedies of socialism on the flaws or corruption of particular leaders. Any system which allows some people to exercise unbridled power over others is an open invitation to abuse, whether that system is called slavery or socialism or something else.”—Thomas Sowell

  8. #1658
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    Quote Originally Posted by Capablanca-Fan View Post
    The Government Declares War on Market Prices Just When We Need Them Most Market prices are the best way to keep up with shifts in demand. Let's let them work as they're supposed to. Tom Mullen, FEE, 28 Mar 2020

    Why is there no toilet paper available? Ask most people and they will say it is because of “hoarders.” These are people who bought far more than they needed in anticipation of future shortages. The people who arrived at the store after the toilet paper is sold out vilify them. Others might just call them prudent. The same people who vilify hoarders also vilify “price gougers.” They don’t seem to grasp the obvious cause/effect relationship here. If it weren’t for artificial limits on price, i.e., “anti-price gouging” laws, the price of toilet paper would rise dramatically with the surge in demand and the so-called hoarders would not be able to buy nearly as much. That would leave far more for everyone else. The toilet paper market would find the optimal price level where the greatest number of people could get what they need.
    Poor people don't deserve toilet paper?

    Quote Originally Posted by Capablanca-Fan View Post
    We may be able to laugh off the shortage of toilet paper, but when it comes to food, water, medical supplies and other important items, shortages are no laughing matter. Why are there not enough ventilators right now? Because government regulation raises the price of entry into the market and lengthens the lead time for new production. If not for these artificial barriers, hundreds of new ventilator producers would seize the opportunity to enter the market and sell ventilators.
    And without regulations, how could hospitals be sure that these ventilators would do what they're supposed to? They could be worse than useless. Of course it's easy to claim, without any evidence, that regulations are preventing the production of ventilators. It's another version of your fantasy healthcare model.

  9. #1659
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    Quote Originally Posted by Capablanca-Fan View Post
    We also see cognitive dissonance:
    American Leftists: the Government has done a crappy job responding to the Covid-19 crisis.
    Also American Leftists: the Government should be in charge of our health care.
    Fixed that for you:
    American Leftists: Donald Trump has done a crappy job responding to the Covid-19 crisis.
    Also American Leftists: the Government should be in charge of our health care, like it is in Australia, where the death rate is only 10% of ours.

  10. #1660
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    Free market healthcare in the US:
    A teenager in Lancaster, California whose death earlier this month may have been linked to the coronavirus was rejected from an urgent care center because he didn’t have health insurance. He complained of respiratory distress but authorities at the center told him on March 18 to go to a hospital. “He did not have insurance, so they did not treat him,” Lancaster Mayor R. Rex Parris said in a YouTube video. On his way to the hospital, the teenager went into cardiac arrest. When he got to the hospital, health care workers were able to revive him and keep him alive for six hours. But time was of the essence and by the time doctors got to him it was too late. “We’ve learned that once you go into respiratory issues, you have trouble breathing, you’re short of breath and you have a fever, that is the time to get medical treatment without delay,” Parris said.

  11. #1661
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    Quote Originally Posted by Patrick Byrom View Post
    Poor people don't deserve toilet paper?

    A
    NOBODY DESERVES toilet paper rich or poor. Its not an ENTITLEMENT! The question is: how difficult is it to ''earn'' toilet paper - and I believe its not difficult!
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  12. #1662
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    Quote Originally Posted by MichaelBaron View Post
    NOBODY DESERVES toilet paper rich or poor. Its not an ENTITLEMENT! The question is: how difficult is it to ''earn'' toilet paper - and I believe its not difficult!
    You didn't understand what Capablanca-Fan is proposing. He is suggesting that the price of toilet paper should be allowed to increase without limit. If that happens, only the rich will be able to afford toilet paper.

    Of course, without toilet paper, poor people will be forced to use alternatives, increasing the risk of disease. Is that what you want?

  13. #1663
    CC Grandmaster Ian Murray's Avatar
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    Quote Originally Posted by MichaelBaron View Post
    In the real world: Socialism when fireman have no incentive to master their profession. Capitalism: in order to keep their jobs and advance careers furthers - fireman keep upskilling!
    You amuse me. Are you not aware that fire and emergency services are provided by governments? They are public services not capitalist enterprises.

  14. #1664
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    Quote Originally Posted by Ian Murray View Post
    You amuse me. Are you not aware that fire and emergency services are provided by governments? They are public services not capitalist enterprises.
    Not to mention that a significant number of firefighters in Australia are volunteers who don't get paid for their work.

  15. #1665
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    Quote Originally Posted by Ian Murray View Post
    You amuse me. Are you not aware that fire and emergency services are provided by governments? They are public services not capitalist enterprises.
    So government jobs are not jobs? They are not to be competed for?
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