Message from @BW10

Discord ID: 524284605256433675


2018-12-17 17:26:06 UTC  

voic?

2018-12-17 17:26:07 UTC  

Me

2018-12-17 17:26:09 UTC  

<#491343021137330176>

2018-12-17 17:27:59 UTC  

I lean towards Rousseau

2018-12-17 17:28:37 UTC  

But for government I favor locke

2018-12-17 17:31:29 UTC  

Hea man LEnin FTW

2018-12-17 17:31:33 UTC  

---------

2018-12-17 17:31:35 UTC  

At a moment like this it is desperately necessary to discover just why Socialism has failed in its appeal. And it is no use writing off the current distaste for Socialism as the product of stupidity or corrupt motives

2018-12-17 17:32:09 UTC  

What u guys think of ⬆

2018-12-17 17:32:46 UTC  

@Flash can we gat da vois started

2018-12-17 17:33:05 UTC  

Can't talk rn

2018-12-17 17:35:01 UTC  

the main reason why corporate CEO billionaires are pseudo-left wing is because they want to use a powerful govt. to write legislation that favors their companies, specifically incumbent corporations

2018-12-17 17:38:06 UTC  

the reason for this is that companies need a lasting competitive advantage in order to earn above avg. profits

2018-12-17 17:40:51 UTC  

the only competitive advantage that is lasting and most effective is barriers to entry; in other words, reducing competition, because competition lowers prices, and lowering prices cut into profits esp. when the cost structure cannot be changed and costs cannot be reduced

2018-12-17 17:49:19 UTC  

anyways, for example, one of the reasons brand medications are expensive is because there is limited competition in the pharmaceutical sector. There's almost no such thing as new companies being created from nothing and then rising to compete with larger companies on price. most pharmaceutical startups either get acquired or sell IP to larger companies

2018-12-17 17:49:19 UTC  

Congratulations, @BW10 for reaching level 8!

2018-12-17 17:51:11 UTC  

due to pharmaceutical companies not facing significant competition, prices dont fall. expensive FDA testing is also another reason but thats another story

2018-12-17 17:52:04 UTC  

The problem with pharmaceuticals s there is no central state generic producer to produce stuff ata fixed price

2018-12-17 17:54:50 UTC  

I don't think the govt. is very capable of setting prices that are in line with market supply and demand

2018-12-17 17:59:01 UTC  

Sure they are. The gov pays for all the meds so we only need to set the price at the production cost plus development, so we can also expost at dumping level

2018-12-17 17:59:50 UTC  

govt. is not subject to massive losses like ccorporations are bc govts. can raise taxes to make up for inefficient use of resources, which can prevent prices from going lower in line with what people can afford

2018-12-17 18:00:30 UTC  

govt. does not always pay for all the meds in the USA. I used to work in a pharmacy too btw and medicare is a joke

2018-12-17 18:02:20 UTC  

the govt. is not good at using resources efficiently, so the cost of production could be set way higher than what it needs to be

2018-12-17 18:03:20 UTC  

thats one of the reasons why the Great Depression in usa lasted so long was because of price and wage controls to "help" farmers

2018-12-17 18:06:58 UTC  

all it did was prevent people from affording food and other necessities , but John M. Keynes said "oh look there is a lack of 'aggregate demand', and a 'shortage of money', therefore lets give people money to stimulate economy and inc. aggregate demand" but he never reasoned that the reason why there is a lack of agg. demand is because people can't afford it because the prices were too high-they wouldn't come down to market levels. Keynes is a classic example of an economist confusing correlation for causation

2018-12-17 18:14:18 UTC  

also, consider that during the reign of the Soviet Union, the govt. would look at department store magazines from countries with freer markets, look at their prices, and use a similar price to set the price of Soviet shoes. If that doesn't say massive failure of communist govt. to set prices independently of capitalism, idk what to tell you.

2018-12-17 19:49:31 UTC  
2018-12-17 20:17:21 UTC  

@Mazianni Welcome

2018-12-17 20:17:31 UTC  

Hello

2018-12-17 20:18:16 UTC  

Sad that there is no anarchist role

2018-12-17 20:34:18 UTC  

sad

2018-12-17 21:04:26 UTC  

https://cdn.discordapp.com/attachments/428023686445006848/524331060662763537/image0-16.png

2018-12-17 21:11:25 UTC  

the FBI crime data actually lumps whites and hispanics together, which inflates the crime rate stats of "whites"

2018-12-17 21:11:58 UTC  

Likewise all Arabs are white

2018-12-17 21:12:00 UTC  

Aye

2018-12-17 21:37:25 UTC  
2018-12-17 21:37:33 UTC  

we have anarchocapitalism

2018-12-17 21:37:39 UTC  

Thats gay

2018-12-17 21:37:58 UTC  

whats you anarchy type then

2018-12-17 21:37:59 UTC  

Capitalism and anarchism are incompatible

2018-12-17 21:38:14 UTC  

I think laws are gay