Message from @Jeremy

Discord ID: 633332784240394240


2019-10-14 15:52:35 UTC  

Also they will also set an age limit as to how long you will be able to live

2019-10-14 15:53:11 UTC  

Like 75 for example

2019-10-14 15:53:16 UTC  

Meanwhile, such systems are wholly inefficient, requiring the labor of everyone.

2019-10-14 15:53:23 UTC  

Indeed, GB.

2019-10-14 15:53:44 UTC  

China may be the first nation to kill off their aging population, because they have no way to provide for them in retirement.

2019-10-14 15:53:50 UTC  

"requiring the labor of everyone"?

2019-10-14 15:54:12 UTC  

There is no retirement for them, GB.

2019-10-14 15:54:15 UTC  

<:pot_of_kek:544849795433496586>

2019-10-14 15:54:19 UTC  

I mean as if they dont deserve respect and appreciation as an elder

2019-10-14 15:54:49 UTC  

Or as people the younger generations can look up to for guidance and inspiration.

2019-10-14 15:55:18 UTC  

oh you're talking to him

2019-10-14 15:55:48 UTC  

China also has a huge problem in that the folks they are managing to get into the military are scrawnier and scrawnier.

2019-10-14 15:55:58 UTC  

They've had to lower their admission standards twice in the last ten years.

2019-10-14 15:56:13 UTC  

imagine thinking that growing the population to support the old ones is a viable long term approach

2019-10-14 15:56:38 UTC  

China also has a huge problem with the whole "out of sight, out of mind, don't raise a fuss" culture.

2019-10-14 15:57:04 UTC  

The West just has to hold the line, and China will collapse under its own weight.

2019-10-14 15:57:19 UTC  

Imagine thinking these people aren't entitled to self-ownership, freely able to save their entire lives, then demand goods and services for their support in retirement, creating an industry which would otherwise exist to care for them and employing people outside the purview of State economic planning.

2019-10-14 15:58:03 UTC  

will china collapse under its own weight before the west does?

2019-10-14 15:58:17 UTC  

Since you want to claim Capitalist so-called "commodification" is an evil, chew on that.

2019-10-14 15:58:22 UTC  

😉

2019-10-14 15:59:11 UTC  

commodification can be evil

2019-10-14 15:59:15 UTC  

i don't think it is necessarily

2019-10-14 15:59:54 UTC  

Sometimes it can be, yes. For example, when a guy buys the rights to a lifesaving medicine, then jacks up the price a hundredfold. This has happened, by the way.

2019-10-14 16:00:48 UTC  

This has been your daily reminder that there is nuance in all things.

2019-10-14 16:01:15 UTC  

Which wouldn't be possible without government interference to begin with.

2019-10-14 16:01:40 UTC  

Actually, without "government interference," it'd be easier.

2019-10-14 16:02:13 UTC  

It wouldn't, because the government is the one enforcing the patent renewals.

2019-10-14 16:02:39 UTC  

This has been your daily dose of libertarianism by a classical liberal.

2019-10-14 16:03:39 UTC  

Current government concerns with things like patents are just an extension of previous systems. Before modern economics, there were guilds. Before that, there was the simple fact that knowledge was difficult to transmit.

2019-10-14 16:04:19 UTC  

Guilds were even more vicious about their intellectual property than modern governments and corporations. They would and did kill to keep them secure.

2019-10-14 16:05:49 UTC  

The patent should be enforceable for the term until expiration by the original inventor, simply to cover the R&D, plus a little bit of profit off the top, which incentivizes them to produce anyway. Yet, we're willing to allow for a loophole - one which solely requires a regulatory agency's interference - where the original patent holder "sells" it to other companies they're associated with anyway, which automatically allows the patent to renew once again.

2019-10-14 16:05:52 UTC  

That was interesting

2019-10-14 16:06:53 UTC  

Don't get me wrong, I actually agree that patents should have inherent limits.

2019-10-14 16:07:02 UTC  

Just like copyright.

2019-10-14 16:07:23 UTC  

If chinas demographics go, then who will replace them, a muslim population?

2019-10-14 16:07:56 UTC  

Do they need more MIGRANTS to sustain its economy, the great replacement in a different way?

2019-10-14 16:08:55 UTC  

I'm saying there is nuance in all things, and the ethics of the past were a lot less clean and well-defined as they are now. For example, back in the day the guilds often as not made the law or played a huge part in making it, and had the power to enforce them with lethal force. Modern corps and governments tend to be a lot more restrained, each by the actions of the other.

2019-10-14 16:09:36 UTC  

Nowadays, a corporation can't just go killing its rivals.

2019-10-14 16:09:48 UTC  

A guild could, they just had to be slick about it.

2019-10-14 16:12:34 UTC  

You'll also notice many drugs have generic versions, which sell for pennies on the dollar, comparatively to their non-generic productions, something I deal with all the time. I've an aging family member who's required surgery about 8 times over the past 2 years, and almost every prescription is written out for a brand name drug, despite the fact generics exist. It's the difference between a few dollars to $800. Typically, the generic producers get around the patent law by producing a version with a slight alteration in dosing by .0001, depending on the drug. The problem is, most consumers aren't aware, nor do they act like a rational consumer, because A) they either have insurance, or B) they're utilizing Medicare or Medicaid. They're spending other people's money, so they don't shop for the lowest price. Thus, they have a negative impact on pharmaceutical markets, as they don't ensure competition. If it weren't for this, you'd be looking at pharmacies selling drugs as low as their production costs.