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Discussion and Debate
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American Politics
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<blockquote data-quote="Occams Barber" data-source="post: 76165009" data-attributes="member: 313365"><p>Of course you will get a variety of answers. That's why you throw a collection of economists and sociologists into a room with an objective and a pile of data and let them sort it out. Let them develop a set of principles and a method. Leave the politicians outside.</p><p></p><p>The results will not be perfect. It will require compromise and lots of averaging and all manner of statistical jigging but... it can be done.</p><p></p><p>There is a school of thought which wants the perfect to be the enemy of the good. This school is basically the worst enemy of any change. Change is messy. It is less than perfect. But if you expect perfection, nothing will ever change.</p><p></p><p></p><p></p><p>The market system, taken to extremes, is self destructive. Capitalism depends on people spending money. To spend money people must first have money to spend. If capital squeezes wages too hard it effectively kills the golden goose, the spending consumer, it depends on for its existence.</p><p></p><p>If enough people are struggling on low wages you've also created the basis for dissatisfaction and social upheaval (sound familiar?). Depress wages enough and revolution isn't far behind.</p><p></p><p>OB</p></blockquote><p></p>
[QUOTE="Occams Barber, post: 76165009, member: 313365"] Of course you will get a variety of answers. That's why you throw a collection of economists and sociologists into a room with an objective and a pile of data and let them sort it out. Let them develop a set of principles and a method. Leave the politicians outside. The results will not be perfect. It will require compromise and lots of averaging and all manner of statistical jigging but... it can be done. There is a school of thought which wants the perfect to be the enemy of the good. This school is basically the worst enemy of any change. Change is messy. It is less than perfect. But if you expect perfection, nothing will ever change. The market system, taken to extremes, is self destructive. Capitalism depends on people spending money. To spend money people must first have money to spend. If capital squeezes wages too hard it effectively kills the golden goose, the spending consumer, it depends on for its existence. If enough people are struggling on low wages you've also created the basis for dissatisfaction and social upheaval (sound familiar?). Depress wages enough and revolution isn't far behind. OB [/QUOTE]
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