'We're in trouble.' Business says it's time to put social compact aside and disrupt economy

[WizardOfAges]

Why do you care?

I don't.

 

[WizardOfAges]

Let's replace director with anyone who owns a part or whole of a business

What do you think a director is then?

 

[OhYeah84]

I don't.

Then you've joined me in this one...

 

[Gnome]

That wasn't communism. That was Leninism and Stalinism. We have yet to see an actual implementation of true communism.

All life, literally all of it evolved and made progress due to survival of the fittest.
All life on this planet are hard wired to exploit loop holes and take advantage to get ahead.

Communism fundamentally cannot work because it doesn't incentivise someone to want to rise to the top to become the fittest instead the idea of communism is, be happy with where you are and do your best.
Well why should I do the best I cannot change my circumstances.

It is similar to cooperation strategies in game theory
There is no strategy better than tit for tat when you have potentially malevolent actors (ie. someone who wants to take advantage).
Meaning the strategy of you do something then you get something else GTFO.
All other strategies they attempt to use for AIs fail dismally because trying to trust someone that can at any time decide to opt-out and abuse your generosity turns out worse.

Democracy and free market are the closest model to how nature behaves and thus the one that matches life's hard wired behaviours

 

[WizardOfAges]

All life, literally all of it evolved and made progress due to survival of the fittest.
All life on this planet are hard wired to exploit loop holes and take advantage to get ahead.

Communism fundamentally cannot work because it doesn't incentivise someone to want to rise to the top to become the fittest instead the idea of communism is, be happy with where you are and do your best.
Well why should I do the best I cannot change my circumstances.

It is similar to cooperation strategies
There is no strategy better than tit for tat when you have potentially malevolent actors (ie. someone who wants to take advantage).
Meaning the strategy of you do something then you get something else GTFO.
All other strategies they attempt to use for AIs fail dismally because trying to trust someone that can at any time decide to opt-out and abuse your generosity turns out worse.

Democracy and free market are the closest model to how nature behaves and thus the one that matches life's hard wired behaviours

Good post. People in this thread seem to think I support communism. Well, I don't. I said I don't propose anything.

 

[rietrot]

All life, literally all of it evolved and made progress due to survival of the fittest.
All life on this planet are hard wired to exploit loop holes and take advantage to get ahead.

Communism fundamentally cannot work because it doesn't incentivise someone to want to rise to the top to become the fittest instead the idea of communism is, be happy with where you are and do your best.
Well why should I do the best I cannot change my circumstances.

It is similar to cooperation strategies
There is no strategy better than tit for tat when you have potentially malevolent actors (ie. someone who wants to take advantage).
Meaning the strategy of you do something then you get something else GTFO.
All other strategies they attempt to use for AIs fail dismally because trying to trust someone that can at any time decide to opt-out and abuse your generosity turns out worse.

Democracy and free market are the closest model to how nature behaves and thus the one that matches life's hard wired behaviours

Agree with everything except the democracy part. More naturally a strong leader will assert themselves throughout history. Democracy is very new, not really tested and comes from the communist, especially the parts were everyone no matter how useless get a equal vote.

 

[Iwojima]

Good post. People in this thread seem to think I support communism. Well, I don't. I said I don't propose anything.

So you're the other kind of annoying person then...the one who likes to complain but has no solutions/suggestions?

 

[Harmonic]

Agree with everything except the democracy part. More naturally a strong leader will assert themselves throughout history. Democracy is very new, not really tested and comes from the communist, especially the parts were everyone no matter how useless get a equal vote.

The idea of democracy dates to around 500BC. It's only been practiced for around 300 years

 

[rietrot]

The idea of democracy dates to around 500BC. It's only been practiced for around 300 years

Greek and Roman democracy differ from modern day democracy influenced by French enlightenment thinking.

It is important people/landowners get to vote for what they think is best for the country vs the slaves all get to vote themselves free stuff.

 

[rietrot]

The biggest issue business face and a huge tax on business is crime an security.

It is difficult to do anything in such a low trust environment.

 

[WizardOfAges]

So you're the other kind of annoying person then...the one who likes to complain but has no solutions/suggestions?

When did I complain? Merely highlighting the shortfalls of capitalism.

 

[rietrot]

When did I complain? Merely highlighting the shortfalls of capitalism.

You didn't highlight anything specific, you moaned and complained.

 

[Gyre]

 

[Vrotappel]

When socialism creates poverty, it's seen as a failure.

When capitalism causes poverty, it's working as intended.

Sometimes poverty is a choice.

 

[Vrotappel]

As if the capitalists don't sit in their expensive homes, on the couch, while people work and work to make the executives and directors even more rich.

Capitalism rewards work. Socialism rewards laziness.

 

[WizardOfAges]

Capitalism rewards work. Socialism rewards laziness.

And capitalism rewards a few, who prey on the work of the many. Capitalism rewards laziness as well.

 

[Vrotappel]

What do you think a director is then?

A position in an incorporated company.

 

[Gyre]

 

[Iwojima]

View attachment 1375707

Given the levels of mass starvation and dictatorships that accompany communist-led countries I fail to see how these are problems endemic to capitalism.

 

[Vrotappel]

And capitalism rewards a few, who prey on the work of the many. Capitalism rewards laziness as well.

Capitalism has pulled many more people up than any other system ever. Just compare socialist Russia to Capitalist USA over the previous century. One example.