Zerohedge is more generally libertarian than the water I'd want to
swim,but it interesting that right/left critique has come together in
recent years.  I'm not a traditional leftie really.  Most scientists
have trouble swallowing GOP/Tory crap - in fact it seems a scientific
education produces liberals (PEW poll 2009) - I'm after more data on
this if anyone has any.

Business and economic offerings in universities (I taught such) are
ideological of the neo-con, neo-liberal, neo-classical form - in short
dross.  There is no science in it i can detect other than the
ideological form the Critical Theorists whine on about - message
understood, but they conflate science and its use in such ideology.
On a personal basis I see the problems as so severe that I refuse to
teach the muck and keep wolves from the door assessing apprenticeships
and qualifications that don't involve heaping massive debt on students
- the average debt burden on a new graduate is more or less what's
left on my mortgage.

I think Stephen is right in that we need better understandings on how
wealth is created, distributed and how money usurps democracy.  The
guy credited with the first full-blown treatise on economics is
Cantillon (these days the Cantillon effect is about how new money
sticks mostly to those with first access to it - these days very much
with the financiers - his example was with gold mining).  Adam Smith's
economics was moral and he worried that the rich were very good at
convincing the rest of us their notions and interests were those of us
all - today (over simplifying) the 'neo-position'.  My view is this is
a control fraud.

I saw Soviet Paradise fairly first hand - though I always had a ticket
out.  I didn't meet anyone there who really believed the dominant
ideology - though I generally mixed with very well educated people.
Here, I rarely meet anyone who knows how money is created,
corporations do accounting or how we rip off the third world and
incorporate criminal and other hot money through the banks.

I'd extend what we need to know better into foreign policy, the role
of money in politics and what the planet can sustain.  The trouble we
have is there is almost nowhere to start because there is a ready-to-
hand world that prevents us asking the basic questions.  I'll be out
next week getting the work that keeps me going.  I know (more or less)
what's going on in economics, but this butters no parsnips.  Budding
business people don't want to know - they make do with the profit and
loss, balance sheet, cash flow and tax returns we could call book-
keeping.  Beyond this  I'd say the system is ideological and
crimogenic - key elements concern swindling tax and profit by various
looting procedures we call 'transfer pricing'.  Hard to know where to
start explaining how we can harness decent business practice - even I
claim the same car against my own and my partner's tax.

On Mar 12, 3:10 am, "Stephen P. King" <stephe...@charter.net> wrote:
> On 3/11/2013 12:03 PM, nominal9 wrote:
>
>
>
>
>
>
>
>
>
> > I'd like to go off on a tangent... a little....
> > I've known and met some actual "creators"....some and not all tend to be
> > very focused in their fields, they do their research and come up with some
> > innovation, that their "creative ethic" wants leads them to divulge to
> > their expertise professional peers for the advancement of "knowledge"....
> > yes, in my opinion, many of these "creators" are genuinely motivated by the
> > altruistic goal of advancing knowledge (at least at first) then the "
> > Product Development" folks get involved... patents.... leading to
> > production plans sales and so no.... Most often, at the later stages is
> > when the so-called entrepreneurs get involved... and they are most often
> > people other than the actual original "creators".....the altruistic impulse
> > of advancing and sharing knowledge (for the betterment of all) is subverted
> > and diverted by the "entrepreneurs, Capitalists and the MBAs.... looking to
> > extract the maximum amount of profit at every stage from their  business
> > venture.....Archytas can probably speak better and more in detail about
> > this than I can.... but stephen.... that's my main point.....the actual
> > creation and even the "working parts" of a business venture are not what I
> > object to.... at that level it can be beneficial to all.... it is the
> > others.. the middle men and on who work their "profit-making" games at
> > every possible stage of the actual "sale" or "business exchange" level that
> > I'm very wary about....
> > I think that is what Archytas knows.... the actual "products and services"
> > in and of themselves are not the problem.... they are available in
> > abundance for all.... maybe even overabundance (including the new ideas
> > part).... the trouble lies with those who then speculate on and choke the
> > distribution of the "hoarded" supply of those products and services.... etc.
>
> Hi,
>
>         I am here for advice. I am swimming in deep waters.
>
>
>
>
>
>
>
>
>
>
>
> > On Thursday, March 7, 2013 7:11:42 PM UTC-5, archytas wrote:
>
> >> have to say most of the people I see claiming to be risk takers
> >> clearly are not.  It may seem glib to ask how you can tell the
> >> difference between a risk taker and a moron but I'd argue this gets to
> >> the root of a big lie about risk.
> >> I tend to look at why humans organise so badly before thinking about
> >> leadership and risk-taking.  I'm a long way from convinced anyone is
> >> much good at either.  I'm also concerned on how long we have to keep
> >> rewarding inventors with rents (in the sense of economic rents or
> >> tolls).  Windows should be free by now - a utility - but this is only
> >> one example.  I suspect big companies and banks actually prevent a lot
> >> of creativity and would be better run as utilities until we don't need
> >> them.
>
> >> But we have nearly all economics upside down.  The first question
> >> should be about what the planet can maintain.  Economics seems to deny
> >> that we can organise decent, better ways of living rationally and have
> >> instead to rely on entrepreneurs, charismatics and other vapours in a
> >> system that rather fortunately keeps the rich richer and makes them
> >> richer.  Jurgen Habermas wrote an interesting critique of this in 1970
> >> called 'Technology as ideology' -  but all we really lack is a true
> >> accounting system for what is going on.  The rich need the motivation
> >> of something they already have (money) but workers can put up with
> >> wages declining in respect of productivity.  And no one seems to
> >> think, as we approach robot heaven (admittedly not yet available on
> >> Earth - but we are approaching this) we might need new work and
> >> distributive ethics?  What place in a world where robots could do all
> >> the work would there be for current half-wits who laud hard work as
> >> necessary to success?
>
> >> On 7 Mar, 16:19, nominal9 <nomin...@yahoo.com> wrote:
> >>> Hello stephenk..... you can be contrarian... I don't object.... you can
> >>> speak your mind in any way, it's your (everyone's) right that I never
> >>> contest.... besides, you seem to be a "good" person, too.....
> >>> I guess, in one sense, it gets to be a matter of semantics or
> >>> definition.... "entrepreneur".... as distinguished from, say...maybe....
> >>> venture capitalist....I don't mind the actual "creator" of something,
> >>> object (product) or business (service), etc...but those that just "game"
> >>> the system.... they are just parasites that often wind up killing the
> >>> host.... I opine...
>
> >>>http://en.wikipedia.org/wiki/Entrepreneur
>
> >>>http://anthillonline.com/the-entrepreneur-vs-venture-capitalist-2/
>
> >>>http://en.wikipedia.org/wiki/Investor
>
> >>> On Thursday, March 7, 2013 10:49:23 AM UTC-5, stephenk wrote:
>
> >>>> On 3/7/2013 10:30 AM, nominal9 wrote:
> >>>>> I go with the "sequestrate their assets" part... but the letting
> >> them
> >>>>> go part I'm against... As "entrepreneurs", such people would just
> >>>>> "steal" their way back up to wealth, without actually creating
> >>>>> anything beneficial for any economy, like jobs or even "products" to
> >>>>> speak of.....
>
> >>>> Hi Nom,
>
> >>>>      Not to be merely contrarian, but how is *wealth* created in your
> >>>> theory of the world? Does "risk" exist in any positive sense in your
> >>>> model? I would like to understand your thoughts. If there is a way to
> >>>> define wealth creation that is not, in some way, a form of
> >> exploitation
> >>>> of one entity of another, please explain.
> >>>>      Can entrepreneurship be a mutually beneficial process of wealth
> >>>> generation to and for all involved in a way that does not require
> >>>> top-down controls? I think it can...
>
> >>>> --
> >>>> Onward!
>
> >>>> Stephen
>
> --
> Onward!
>
> Stephen

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