User talk:Rick Norwood/Archive 3
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Capitalism
Hi Rick, the paragraph starting with "In practice, all early 21st century developed economies devote 40–60% of their GDP to taxes and the public sector" is wrong. I want to change it, but its Author doesn't want to and other wikipedia uses want to block me. I provided a reliable verifiable reference, the other guy doesn't even have a reference (the book by Joseph Schumpeter is 1950s something so obviously doesn't cover 21st century democracies). I can find many more examples of countries contradicting that statement.
I am eager to provide correct material so users of wikipedia can get access to the right facts (Strength, honor, and liberty (talk) 02:15, 8 October 2013 (UTC)).
- - My home country, Australia, is another example. Our current liberal government believes in cutting taxes, increasing private participation in the economy, and minimising government. Taxes and government services constitute 32.3% of GDP.
- - Israel is also a developed country, and a democracy, with taxes are 26.4% of GDP. If they didn't have to spend so much on military (7.4% of GDP) taxes would be much lower.
- - South Korea is also another example, if you own the Samsung Galaxy Smartphone you would know they are a high technology society, taxes contribute to 23.9% of GDP.
- - Hong Kong is a very wealthy state, and I think you can treat it as a separate country because of its history (independent British colony until 1997, YES this happened 16 years ago, don't believe me check CIA Fact book, now owned by China but given total independence until 2047). If not for China would be a democracy, taxes are 22.1% of GDP.
- - Japan is a developed nation with taxes 33.5% of GDP.
- - List goes on, for more work it out from CIA World Factbook.
- I can't see how you can write off Singapore just because it is a dictatorship, it may only have one city but it is still an independent country with its own laws. Has a whopping 5.5 million people which is a quarter of my countries population, despite us having a billion times bigger landmass (Australia ~same size of USA land).
- US Military expenditure is 4.6% of GDP. I am not American, but I had believed that you guys (you said we) had very low taxes because the country believes in liberty and the free market. You provide for your poor and people with disabilities with free healthcare, which is humane and compassionate. After that everyone can afford healthcare, food and housing, and people exercise individual responsibility and follow their American Dream. People choose not to have health care, it is their choice, America anti nanny state. Also, low taxes is also a good wealth creator, since private companies are efficient so it is logical for the US to have low taxes so it can be more productive and encourages people to be more innovative through competition. I thought that "All men are created equal", is an extremely important aspect of this liberty, that everyone has a fair go in life.
- There are so many examples, I think the pressure is on you to find examples of high taxing (>40%) developed nations that ARE NOT EUROPEAN. I suspect the Europeans have been swamped by communist ideology from their close proximity to former USSR, and their history with the two horrible World Wars, and half occupied by communist USSR until ~1989. Either way, Europe is the exception, please find me some counter examples(Strength, honor, and liberty (talk) 05:33, 9 October 2013 (UTC)).
- Hi Rick, I wouldn't call my self a libertarian, I am not that extreme. But I am drawn to many of the ideals of the American Dream, and in my home country I want to work towards a smaller government and greater personal and financial freedom. In my home country, I am called a liberal. This is not the same as the American liberal, it is the equivalent of the Republican party, I want to see Australia become more American. It is true that there is greater inequality with more capitalism, I think this is the greatest argument against capitalism. I guess I am not that concerned by inequality, I am more concerned by myself than some billionaire or millionaire (I am not either of them, but I don't care about them, I don't feel the need to take their money). I like a competitive society, one where everyone is given equal opportunity and the best rise to the top, like in sport and baseball. I still believe that we need to care for the less fortunate, the unemployed, disabled people, single mothers, people that go without food and homeless. I believe America does that, but I am not American so yeah correct me if I am wrong. Also I believe somethings need to be regulated, but I prefer to minimise regulations, I don't want over regulation.
- Also I believe security is the responsibility of the government. Yes, that would be stupid if we all lived in fear in walled compounds, where is the liberty in that?
- I read lots of Murdoch papers, he is Australian, yes he is biased but I like it hahahahha. But yes, I don't care if people amass lots of wealth, I don't feel it concerns me. We can all enjoy our lives and live happily as long as you have the basic necessities of life, in my opinion, at least in theory.
- What do you call yourself? I guess your preferences votes go to democrats ... but would you call yourself a democrat or a liberal (the American liberal), or go so far as to say your a socialist or even a communist? (Strength, honor, and liberty (talk) 05:33, 9 October 2013 (UTC))
- Great, always good to speak to like minded people :-)
- I agree, I want school to be a level playing field in primary and high school. Australia has similar problems, it might not be as bad, but rich kids have an advantage over poor kids. And I think that is wrong/not ideal. In Australia all kids have the same textbooks, same curriculum, and all sit the same ATAR examination to get into Uni. But some public schools are full of bad kids that misbehave and cause chaos, so kids that want to learn can't. Also, rich kids can have access to lots of tuition, which gives them an advantage over a kid just as smart and hard working but from a poor background.
- Some of it doesn't even have anything to do with money, just good vs. bad parenting. I don't necessarily want more money in Australia to be spent on education, but I do want to see discipline restored to classrooms, and sack bad teachers (bad teachers can't be sacked because of the union). There also needs to be greater emphasis on competition, with more cash prizes for good students in all levels.
- It needs to be somehow be a level playing field in honour of "All men are created equal", I am trying to figure out a way to do that without destroying the system. This issue is really important to me. What are your ideas?
- And that includes all women are created equal too
- What are your thoughts on higher education? In Australia the government pays through an interest free student loan (yes no interest!) for college degrees. The result is a highly politicised funding model and students can't chose how much money they want to spend on their degree -- I like the American model, where you can go to the bank, get out a loan and never touch taxpayers money. The only thing different that I might propose is that perhaps the government could make it compulsory that a student applies and qualifies for a loan in order to attend college? --> thats just qualify, don't need to physically borrow the money
- You can't stop parents paying for a kids uni education, but maybe this will stop rich kids getting in at the expense of poorer kids. Example --> two bright hardworking students achieved the same score for their college entrance exams. One rich one poor, neither of them qualified for a loan. But the rich kid got into uni because his/her parent paid. Make it compulsory to qualify for a loan and this will not happen, level playing field? Could that work?
- I know there are federal loans by the way, which I think is better than our loans because government makes money on them so it is easier to invest in University education and other higher learning centres. US spends more on higher education than Australia does
- hahahahah I can understand your frustration. I find these religious debates really difficult, even though I myself am not religious. So difficult I want to shove it under the carpet and forget about it. Although while I am not against religious schools, I am dead against not teaching evolution. Australia isn't nearly quite as religious as America, so I don't think I have been exposed to quite the same religious debate as you might have been.
- Also we have really rich people too, including the richest woman in the world Gina Rinehart. Over $30bn in assets, and the Australian economy is a fifteenth of the size of yours and we have the richest woman in the world. I guess I want her to have a better voice because we are so left winged so I don't mind her. All she wants to do is dig holes and mine dirt, apparently thats really profitable, all fine by me. These guys actually do some amazing stuff with the mines they build, the technology is so advanced, she is building a $10 billion mine in the middle of nowhere, ships so much iron ore to China. It is 227 km from the nearest port, need to build a whole new rail network just for this mine
- I guess that's it, our rich people don't talk about religion. It is only about lower taxes and liberal government and IR Reform, which I am happy with so I really don't mind them. I guess it is different in America (Strength, honor, and liberty (talk) 15:09, 9 October 2013 (UTC)).
- It is no longer there, although most developed countries spend in that range - see Government spending#percentage of GDP. The U.S. government actually spends more per capita on health care and more on education than Canada, Australia and several other OECD countries.
- Most of the exceptions mentioned are unique. In some cases pre-capitalist institutions such as the extended family or church provide support. Some of the examples are "off-shore" states, which externalize their welfare costs. People who are unable to support themselves, particulary foreign workers, emigrate. The high number of foreign workers and tax exiles, who are ineligible for social programs, distorts the per capita spending while their high incomes distort the GDP per capita.
- The best comparisons for the U.S. are with Canada, Australia and New Zealand, which have comparable or lower government spending as a percentage of GDP. So if Australia became more like the U.S. expect higher taxes for anyone earning less than 200K, paying 10% of your income for health insurance, lower unemployment and retirement benefits, poorer schools and a violent crime rate 5 times higher.
- TFD (talk) 17:40, 9 October 2013 (UTC)
- US Government spends 35% of GDP??????? That must be wrong? The CIA World factbook puts the figure at 22.3%, CIA World Factbook is a government run website.
- I don't propose cuts to police spending, so I hope that will keep the criminals in check maybe? I consider highschool education important so that will remain unchanged, but there will be cuts to other programs dramatically reducing Australian government expenditure. That includes backing out of higher education, saving tens of billions (which is a lot for Australia), moving to a private bank funded model. We can cut lots of taxes, Labor (the unions) wasted all our money. I wouldn't be raising anyones taxes, just reducing them, our progressive tax system is similar to yours but just higher tax for everyone including the poor and rich. We all pay for health insurance through taxes so get some back through tax cuts, maybe some people will be worse off but I would ensure that it is accessible to all. We have superannuation so people save tax free money on stock market which pays for their retirement, so you can quit a company after five years and still get health insurance when you retire --> thats no capital gains tax for retirement savings, I really like it. There are many things that I want to see Australia do to become more like America, to have the American Dream. There are a few things I would do slightly differently. (Strength, honor, and liberty (talk) 23:56, 9 October 2013 (UTC))
- Also, Australia needs to greatly reduce red tape and stop being such a nanny state. We are safety mad here, you can't do anything with out doing lots of paper work or get sued. Cut red tape just like America, and we need productivity reform. It is so hard to sack people over here, we need a more flexible workforce like America so we don't end up like Europe (in a hole). Easier sacking is not bad, because it means it is easier to hire. Easier hiring means lower unemployment and better jobs for more people, but the unions hate it cause all they care about are themselves (Strength, honor, and liberty (talk) 00:16, 10 October 2013 (UTC)).
- The CIA factbook says that the U.S. federal government collects 22% of GDP in taxes, that does not include state or local taxes, and of course the U.S. government deficit is 6.9% of GDP, causing a total spending of 38.9% of GDP, compared with 34.3% in Australia. It actually costs more to provide poor services. And of course there is lower social mobility, only the UK beats the US among OECD countries. TFD (talk) 02:20, 10 October 2013 (UTC)
- In that case I do not want Australia to become more like America. What on earth do they spend all that money on? Instead (hopefully) we will follow Singapore's example and embrace liberalism with a genuine small government. We will eradicate the union party (Labor) powered debt and have a budget surplus and zero debt like we did when the Liberals last ran the country, Liberals back in power a few weeks ago so lots of hope for the future (Strength, honor, and liberty (talk) 02:42, 10 October 2013 (UTC)).
- So Australia really has a smaller and leaner government than the United States? This goes against everything I have known -- can you please provide a reference TFD (Strength, honor, and liberty (talk) 06:13, 10 October 2013 (UTC)).
- In that case I do not want Australia to become more like America. What on earth do they spend all that money on? Instead (hopefully) we will follow Singapore's example and embrace liberalism with a genuine small government. We will eradicate the union party (Labor) powered debt and have a budget surplus and zero debt like we did when the Liberals last ran the country, Liberals back in power a few weeks ago so lots of hope for the future (Strength, honor, and liberty (talk) 02:42, 10 October 2013 (UTC)).
- The CIA factbook says that the U.S. federal government collects 22% of GDP in taxes, that does not include state or local taxes, and of course the U.S. government deficit is 6.9% of GDP, causing a total spending of 38.9% of GDP, compared with 34.3% in Australia. It actually costs more to provide poor services. And of course there is lower social mobility, only the UK beats the US among OECD countries. TFD (talk) 02:20, 10 October 2013 (UTC)
- Also, Australia needs to greatly reduce red tape and stop being such a nanny state. We are safety mad here, you can't do anything with out doing lots of paper work or get sued. Cut red tape just like America, and we need productivity reform. It is so hard to sack people over here, we need a more flexible workforce like America so we don't end up like Europe (in a hole). Easier sacking is not bad, because it means it is easier to hire. Easier hiring means lower unemployment and better jobs for more people, but the unions hate it cause all they care about are themselves (Strength, honor, and liberty (talk) 00:16, 10 October 2013 (UTC)).
I'll just mention that I'm enjoying the conversation. Rick Norwood (talk) 11:25, 10 October 2013 (UTC)
Glad to hear that. SHL, You can look at the 2013 Index of Economic Freedom, which is provided by the Heritage Foundation and the Wall Street Journal.[1] The Wikipedia article used 2011 numbers. Government spending in the U.S. is now 41.7% of GDP, putting it in the 40-60% range. Australia is at 35.2%. I think it is the only OECD country below 40% on the list. Singapore of course is low but it neglects a lot of activity. For example there is a 36% payroll tax for pensions and much of the economy is state-owned industry, which under a planned economy cooperates with private enterprise and unions - not a liberal model. TFD (talk) 20:18, 11 October 2013 (UTC)
- Damn.
- CIA Fact book is so misleading, it clearly says that US Government taxes account for 22% of GDP which is just wrong. I know that fully now, I can see your reference and information is all over the net. CIA says Australia spends 3% GDP on military which is incorrect, there is a whole political debate and they are trying to increase it to 2%, that is increasing spending. What is the CIA trying to do to us?
-- That implies that all those countries I listed with small taxes are probably incorrect.
- If Australia charged for its healthcare services, or privatised it, even if we still had universal healthcare spending would be 25.8% of GDP. Privatising higher education funding would shave another 1.2%, leaving 24.6% of GDP spending which is 17.1% less than US Spending. What does the US spend it on? (Strength, honor, and liberty (talk) 08:04, 12 October 2013 (UTC))
- Australia is top three in economic freedom in the world ???????? Oh my. Gina Rinehart told us that we were heading into a hole and will end up like Greece. BUT that was under Labor who were doing some really bad things (Strength, honor, and liberty (talk) 10:20, 12 October 2013 (UTC))
I have always heard good things about the CIA fact book. Could it be different sources are using different definitions? Rick Norwood (talk) 12:56, 12 October 2013 (UTC)
I don't know. But I am confused. I have always heard good things too (Strength, honor, and liberty (talk) 13:59, 12 October 2013 (UTC))
- Evidently they are only talking about federal spending, and excluding certain taxes. But I am still a bit confused. It has so much of the essential economic data that I'd ever need on other countries and has always been my first stop for the type of information it provides (Strength, honor, and liberty (talk) 14:10, 12 October 2013 (UTC))
- All the CIA military numbers seem high, so they must be calculating it differently. They may be including for example costs included in other categories, such as interest on money borrowed to finance the military. I prefer the World Bank website, because it provides sources.
- Government in the U.S. spends more on health care and the same or more on education. Military spending and justice policy adds to that while lower welfare spending saves about 4%. Normally the U.S. and Australia would therefore have roughly the same spending, but the recession accounts for the U.S. now spending more.
- TFD (talk) 16:00, 12 October 2013 (UTC)
- Interesting. (talk) 03:22, 13 October 2013 (UTC)).
- The commentary the 2013 Index of Economic Freedom presents does not seem supportive of Obama at all (Strength, honor, and liberty (talk) 05:15, 13 October 2013 (UTC)).
- "Registering a loss of economic freedom for the fifth consecutive year, the U.S. has recorded its lowest Index score since 2000. Dynamic entrepreneurial growth is stifled by ever-more-bloated government and a trend toward cronyism that erodes the rule of law"
- "More than three years after the end of recession in June 2009, the U.S. continues to suffer from policy choices that have led to the slowest recovery in 70 years"
- " However, over 100 new major federal regulations have been imposed on business operations since early 2009 with annual costs of more than $46 billion. Although core inflation remains muted, the failure to adhere to a rules-based monetary policy has introduced price distortions and long-term inflation risks."
- "Although detailed regulations have been emerging only gradually, the financial reforms adopted in 2010 are likely to increase costs and uncertainty, complicating the banking sector’s recovery." (Strength, honor, and liberty (talk) 05:27, 13 October 2013 (UTC))
- The commentary the 2013 Index of Economic Freedom presents does not seem supportive of Obama at all (Strength, honor, and liberty (talk) 05:15, 13 October 2013 (UTC)).
- Interesting. (talk) 03:22, 13 October 2013 (UTC)).
Capitalism, Part Two
I'm starting a subthread, so we can more easily post. One would not expect the Index of Economic Freedom to say anything good about Obama, because they are avowedly conservative. The essential question of our time is does an unregulated economy produce prosperity, or does government regulation produce prosperity. It is not a question that can be decided the way scientific and mathematical questions are decided, because there is too much disagreement among the experts. But when we look at historical data, we find that an unregulated economy produces a concentration of wealth, while during the era of government regulation America became the richest and most powerful nation in the world. So, has Obama done anything to slow the economic growth? Or have the conservatives, by fillibustering to prevent job programs that would build roads, dams, and bridges, slowed economic growth? History suggests countries prosper when the government provides employment for those the private sector will not employ, and falter when they cut back on scientific research, infrastructure, and education in the interest of cutting taxes. Rick Norwood (talk) 22:30, 13 October 2013 (UTC)
- Very interesting. That is certainly the question of our time, I believe it has to be a balance. Efficient regulations are needed to reduce risks, but no sane person calls for eradication of regulations. Only the libertarians, which as you said is an argument that can be dismissed with simple "reducto ad absurdum". What the Index of Economic Freedom said about Obama is very similar what Labor did in Australia very recently, and they copped a lot of flack for it. There cannot be a doubling up of state and federal regulations, it costs money, and Labor killed many mining projects with that philosophy costing many jobs. If Obama regulations are similar to the direction Labor took Australia I would be worried, there is too much paper work and it takes too much time, you must put trust in the individual to provide an environment of entrepreneurship and innovation. There was also a lot of government spending on bloated bureaucracy with no clear direct benefit and government waste and debt and deficits.
- I didn't think regulations reduce inequality, regulations are all about risk management? I feel that efficient regulations that place emphasis on individual responsibility are important.
- I agree Infrastructure spending is essential. Lack of it will kill the economy, in the short term and long term. This can either be done with public money or joint government and private cooperation. Australia traditionally spends money on roads and railway using taxpayer money, but even federal labor wanted to attract more private sector investment to reduce pressure on the budget and federal liberals are putting the idea on steroids. You need a central planner for roads and railways, and because this role is a monopoly it is only natural that it is a government responsibility, but roads can be built using private money. This provides opportunities for the common people to invest their money into roads through shares, and making money through road tolls. I don't know the circumstances under which the republicans block infrastructure spending, but it has to be smart money no white elephants?
- How much can the private sector take up research funding? Certainly research projects like climate change will go under the radar, and that could theoretically cost the economy in 100 years time. But the private sector has delivered a lot of high technology, in Australia and the US. Car research, iPhone, drugs, all come from private sector. Universities could be private and will also offer general research into things that do not make direct money but educate people. Tax cuts to R&D I think is important, and a bit of public research funding is essential for things which do not offer short term benefits?
- The question of concentrated wealth is a tough one, because the business 'experts' all have a conflict of interest in presenting their view. In Australia the free market has delivered huge wealth for common Australians since the 1980's, we get cheap Chinese goods and are richer than ever despite certain individuals amassing great wealth. I will tell you the way I see it, but I am no expert and I read a Murdoch paper. People only get that rich by investing and competing for the peoples labor by providing services and employment. Rich people are greedy for money so you can always trust them to reinvest it. Steve Jobs got rich by not only inventing the iPod, but improving it and using the money to help develop the iPhone and iPad later. Google provides services to all people with internet and all they ask is to advertise to you, they provide a service to the people making the people richer. My view might be biased because I read the Murdoch paper, but I believe that all hard working people get richer through the free market even though there inequality.
- Furthermore, there is the rise of the share market. Ironically, this is what Karl Marx predicted but I highly doubt that it will lead to communism. But increasingly your average Joe is buying shares and investing his own money into the countries future. Australian superannuation funds are expected to be worth $3 trillion by 2020. With all hard working Australians setting aside at least 9% of their money each year to invest in financial instruments, mining projects, roads, and the economy for profit we are increasingly dependent on pro business policies which generate wealth for the business man. Do you believe in encouraging the people to invest their money into shares and other financial instruments? (Strength, honor, and liberty (talk) 00:48, 14 October 2013 (UTC)).
I agree with most of what you say. I am all for private sector research, and applaud Obama for turning to the private sector for the next space vehicle. But the private sector could not have put a man on the moon. We need a mix. Similarly with regulations. California is overregulated, especially the regulations that hurt truck drivers. My daughter drives a truck, and often the law says both that she must stop (because she has driven too many hours) and that she may not stop (because truck parking is not allows within a hundred miles). On the other hand, mine safety regulations are necessary, as are regulations to limit greenhouse gases.
You are wrong about one thing. You write "Rich people are greedy for money so you can always trust them to reinvest it." Certainly that seems to make sense, but in the US the super-rich have, collectively, more than a trillion dollars they have not invested. That is because the richest one or two percent have sixty percent of the total wealth, so they are reluctant to risk their sixty percent in an effort to get the remaining forty percent. It makes more sense for them to take their money out of the economy. This increases unemployment, which allows them to pay lower wages and demand longer hours in the businesses they already own. Rick Norwood (talk) 12:24, 14 October 2013 (UTC)
- Certainly putting a man on the moon was one thing the private industry could not do in the 20th century, and it furthered the cause of humanity. I too welcomed the decision to have greater private cooperation with NASA since I follow this fairly closely because I have an interest, I believe that in the long term space exploration has to be taken up by the private sector to be sustainable (more money earned, more research). To boldly go where no man has gone before! (Strength, honor, and liberty (talk) 13:12, 15 October 2013 (UTC))
- This government spending still has to be minimal though in my opinion, very minimal (Strength, honor, and liberty (talk) 13:19, 15 October 2013 (UTC))
I'm also a big fan of Star Trek. On what do you base your view that government spending should be minimal? Rick Norwood (talk) 14:04, 15 October 2013 (UTC)
- I think the amount the US spends right now is just right on NASA. NASA is doing some great stuff like landing Curiosity on mars, and it is not a substantial cost to the tax payer. (only $18.4 billion for both space and aeronautical research, and quieter planes). NASA also does a brilliant job at education. They are probably the best research institution at communicating to the public, and I like how they work closely with many high schools to inspire people. There are certainly many benefits NASA offers America. There does need to be a bit of general government research into everything I think, to help find out things the private sector might have missed like aliens, climate change, medical research, especially for mental illnesses and disability because those people do not have money to pay big Pharma. Some of it is finding out who we are and where we came from, from the big bang to archeology and dinosaurs. History, I suspect much of the basic knowledge we take for granted we might never have had because there is no money in it. I still think spending decisions should be carefully thought out and planned. Where do you think the line should be drawn?
- Newspaper reading and ideology, I follow Australian politics really closely. I think the private sector is more efficient, and greater government spending means they control what we spend our money on which I do not like. The economic benefits of small government that I hear about mainly come from business people, whom I respect since they seem to know what they are talking about. It seems to make sense because competition brings the best out of people, and in theory at least anyone can make it to the top presenting a challenge to any hierarchal structure (through social mobility and good high school education). One third of your billionaires will lose most of their money in five years and half in 10, you must fight to stay on top.
- Also, I hope it helps to ensure spending decisions are not too politicised and populist. Where do you draw the line between government and the free market?
- Newspaper reading and ideology, I follow Australian politics really closely. I think the private sector is more efficient, and greater government spending means they control what we spend our money on which I do not like. The economic benefits of small government that I hear about mainly come from business people, whom I respect since they seem to know what they are talking about. It seems to make sense because competition brings the best out of people, and in theory at least anyone can make it to the top presenting a challenge to any hierarchal structure (through social mobility and good high school education). One third of your billionaires will lose most of their money in five years and half in 10, you must fight to stay on top.
- Star Trek is the best, I liked both the Kirk and Picard series as well as the new movies that just came out. What do you make of the new movies?
- Oh yeah -- Australian truck drivers are also, in theory, highly regulated. But it is not well enforced so they all disobey anyway. I can understand your frustrations.
- Did you know that in the 1960's Kennedy considered a proposal to build a space ship which could take us to Mars at a fraction of the cost to go to the moon? It could travel 10% of the speed of light, but Kennedy was worried it would upset the Russians, called Orion Project. — Preceding unsigned comment added by Strength, honor, and liberty (talk • contribs) 09:29, 16 October 2013 (UTC)
- Here is a link to an article, "25 Years of Neo-liberalism in Australia." It seems Australia has followed the same policies as other English-speaking OECD countries with the same results - poor economic growth and increasing inequality. Of course I do not know whether another set of policies might have achieved better results. It could be that the results were exactly what the authors intended, that poor economic performance was a trade-off for achieving greater inequality. TFD (talk) 15:53, 16 October 2013 (UTC)
I think the free market should be free to do everything it does well, prevented from doing things it does badly (hostile takeovers that loot the pension fund and sell off the assets), and supplemented by government projects to do what the free market chooses not to do (in the US, the Interstate Highway System is a great example). I'm familiar with Project Orion. I love the old Star Trek, repsect the Next Generation, and enjoy the new Star Trek. 19:52, 16 October 2013 (UTC)
- I agree, definitely the free market should be free to do everything it does well (Strength, honor, and liberty (talk) 00:31, 17 October 2013 (UTC))
- How can that article say our economic growth is poor? It has been since the GFC under Labor, but Australian growth is still much better than in America. If you compare us to China, I do not think thats fair cause that is high risk growth and they come from a lower base, we have to be smart to get ahead while they just have lots of cheap labor. It is an interesting article you sent me, well worth a read, not enough to sway my opinions but still offers good insight. I am not sure if complaints about elusive retirement is entirely fair, because we are living longer, this is a sign of success and wealth due to medical advances despite being a very real challenge. You can always die young at 70 if you want to like everyone used to.
- I thought house prices are rising because of population growth, and people in the city who own houses lobby councils to stop house building. Older people do not want their view blocked and shadows over their large block so new people have to build houses far away at the edge of the city causing urban sprawl and congestion problems. Basically supply and demand, lots of demand but no supply. Especially in my home town Perth, because we have a mining boom. In theory, allowing house prices to inflate like that should cause more houses to be built ensuring everyone has affordable home. But we simply do not build new houses close to the city because they are ugly.
- I like how we can have a high turn over in jobs. You have to remember the Australian mentality is different to America, in America you have to stick with your job for 25 years or you do not get health insurance. Fortunately, we don't get forced to stick to a job. Many people just get bored and want to move on.
- Also, it is much easier to get a job with a flexible labor market which increases job security. If you get sacked, easier to get a new job to pay for the house. It also means you can't be lazy.
- Cars are getting cheaper than ever. A new 4WD only costs $24000, 2WD $11000. And cars are better than ever, I can plug my iPhone in and listen to music and not radio ads, and they don't break down.
- In the past 25 years, Australians have become wealthier than ever relative to other countries. This is important, because we were slipping down the rankings prior to Hawk and Keating reforms. This means that we get all the latest technology from America, all the cheap Chinese goods, and all the latest medical advancements. Science and technology is getting better at breathtaking speed, regardless of GDP growth. How can the assumption be made that we stuffed up? (Strength, honor, and liberty (talk) 00:03, 17 October 2013 (UTC))
- Australians are the second wealthiest in the world. http://www.theaustralian.com.au/business/wealth/why-aussies-are-worlds-wealthiest/story-e6frgac6-1226735720342
- And the wealth is spread more evenly than other rich countries. Which country are you from The Four Deuces? (Strength, honor, and liberty (talk) 00:03, 17 October 2013 (UTC))
- Australia has never had a recession for 21 years. And we grow 4 times as fast as OECD [1] (Strength, honor, and liberty (talk) 00:09, 17 October 2013 (UTC))
- Our GDP grew 3.1% in 2012 (Strength, honor, and liberty (talk) 03:19, 17 October 2013 (UTC))
- Australia has never had a recession for 21 years. And we grow 4 times as fast as OECD [1] (Strength, honor, and liberty (talk) 00:09, 17 October 2013 (UTC))
- And the wealth is spread more evenly than other rich countries. Which country are you from The Four Deuces? (Strength, honor, and liberty (talk) 00:03, 17 October 2013 (UTC))
- Australians are the second wealthiest in the world. http://www.theaustralian.com.au/business/wealth/why-aussies-are-worlds-wealthiest/story-e6frgac6-1226735720342
- That article basically said that the 1970s was a terrible period with high unemployment and high inflation. We had bad terms of trade too. But everyone in the nation are so rich now after the reforms. We have low unemployment, and we are now so wealthy people get sick at the thought of the disparity between the poor countries and Australia. Things are only getting better in spite of Europe, and we have freedom and liberty unlike the Soviets (Strength, honor, and liberty (talk) 06:31, 17 October 2013 (UTC))
- In the past 25 years, Australians have become wealthier than ever relative to other countries. This is important, because we were slipping down the rankings prior to Hawk and Keating reforms. This means that we get all the latest technology from America, all the cheap Chinese goods, and all the latest medical advancements. Science and technology is getting better at breathtaking speed, regardless of GDP growth. How can the assumption be made that we stuffed up? (Strength, honor, and liberty (talk) 00:03, 17 October 2013 (UTC))
I'm glad to hear Australia is doing so well. The US just had a narrow escape. I wonder how the Murdoch media in Australia reported it. I'm tempted to move to Australia, or at least visit so I can see the Great Barrier Reef before global warming destroys it. Have you ever read Arthur C. Clarke's Dolphin Island? Rick Norwood (talk) 19:38, 17 October 2013 (UTC)
- Me too. I think my argument can roughly be applied to America too, before the GFC especially you guys were doing very well. The main reason why Australia is doing relatively well after the GFC is because our banks were very resilient, our banks didn't take as many risks, and really all we had to do was to stick to our neoliberal philosophy and enjoy. Australia and America have certainly been very successful embracing many neoliberal ideas, and now the debt crisis is over your economy should continue picking up. Especially if you vote the Republicans back in and reclaim your spot next to Australia on the economic freedom index and liberalism.
- A deregulated labor market can help solve unemployment problems.
- hahaha Murdoch media constantly tells us we are doing terribly. I think this is justified, just because we are doing better than most doesn't been we can get lazy, we can do better. Things aren't growing as fast as they were before 2007, and I believe that with the right neoliberal policies we can do much better under the Liberals. Basically everyone tells us we are doing very badly except for foreigners, this resulted in Labor being despised and incredible unpopularity fuelled continuous infighting within labor ranks. Our PM was backstabbed, replaced by a woman who was backstabbed by the same man that she backstabbed three years earlier, only to lose the election by a landslide. Political stability has been restored by the Liberals.
- Australia is certainly a great place to visit, I have never seen the Great Barrier Reef but heard great things about it, you should definitely go. There are still many places where you can go to escape the tourists too. It is a great place to live too, what tempts you to move to Australia? I haven't read Dolphin Island, I really need to read Clarke's books. I watched Stanley Kubrick 2001 A Space Odyssey, Arthur C. Clarke is a genius. Also watched 2010. I really need to read 2001 and 2010, 2061, and 3001. Have you? What is Dolphin Island like? (Strength, honor, and liberty (talk) 00:58, 18 October 2013 (UTC))
- What do you think the future of space exploration holds? (Strength, honor, and liberty (talk) 07:37, 18 October 2013 (UTC))
- Australia is certainly a great place to visit, I have never seen the Great Barrier Reef but heard great things about it, you should definitely go. There are still many places where you can go to escape the tourists too. It is a great place to live too, what tempts you to move to Australia? I haven't read Dolphin Island, I really need to read Clarke's books. I watched Stanley Kubrick 2001 A Space Odyssey, Arthur C. Clarke is a genius. Also watched 2010. I really need to read 2001 and 2010, 2061, and 3001. Have you? What is Dolphin Island like? (Strength, honor, and liberty (talk) 00:58, 18 October 2013 (UTC))
- That is not entirely accurate. The neoliberal reforms were introduced under Labor, not the Liberals. The banks did not fail because they were excluded from the reforms. Things are not going as well as before 2008 because of the world economy and China's demand for resources is now the driving force behind economic growth. And Australia has relatively high poverty and inequality rates. TFD (talk) 13:08, 18 October 2013 (UTC)
The sequels to 2001 A Space Odyssey are not among Clarke's best. You should try Dolphin Island, Island in the Sky, and Childhood's End. I did love the movie version of 2010. My comment about moving to Australia was because of my discouragement with congressional gridlock in the US. In my home state, Tennessee, two thirds of the congresscritters don't have a college degree. Is it like that in Australia? Rick Norwood (talk) 17:22, 18 October 2013 (UTC)
- Woah. The whole world is scared about the US gridlock. I can understand your frustration, given the world has been 1 minute away from apocalypse in the recent past.
- Fortunately a similar event cannot happen in Australia, it is one of the best things the British did to Australia that America may have lost in the revolution. The Queens representative, the governor General, intervenes in situations like this. It is called a Double Disillusionment, the Governor General dissolves parliament and calls and election. The entire senate and house of representatives goes to election and life goes on. Since the entire government is voted on there is a limited probability of a renewed gridlock between senate and house of reps. Double disillusionment is triggered by three blocks of legislation by the Senate, it doesn't even have to be super critical legislation for this to happen. If the USA had an election, your entire Senate would be replaced by one party, and there should be agreement between the houses. If for some reason this does not work, GG has more power to save you.
- It has happened before, in 1975 Malcolm Fraser and the liberal party blocked the supply bills for the budget. Geoff Whitlam was trying to push through the biggest budget ever and liberals believed he had to be stopped, complete gridlock and disaster loomed. The Governor General steps in and calls and election, and the entire senate and house of representatives is revoted. Liberals win, life goes on. GG has power, most controversial was making Fraser Prime Minister before the election (caretaker government).
- Most if not all MP's have University degrees. Most of them are lawyers, liberals tend to be business owners and labor are from unions. http://www.onlineopinion.com.au/view.asp?article=10655
- I think it is sensible they are lawyers given that they deal with and create the law 24/7. I can't find a source confirming exactly how many have uni degrees or if they all have them, but a lot, especially those selected for cabinet. They are all payed very well, so they better be all highly qualified or I will be disappointed. Our Prime Minister, Tony Abbott, is a Rhode Scholar.
- Do you feel there needs to be something in the constitution to help resolve congress gridlocks similar to what you are experiencing now? (Strength, honor, and liberty (talk) 08:51, 19 October 2013 (UTC))
It is very hard to ammend the US constitution. But a lot of the gridlock could be solved just by ammending the rules of the House and Senate, to allow a majority to force a vote on an issue. Most of the gridlock has come from traditions that allow the minority party to stop a bill from being voted on. It's a little like the veto exercised by the tribune of the plebes in ancient Rome, which caused gridlock in the Roman Senate. Rick Norwood (talk) 15:31, 19 October 2013 (UTC)
- Well good luck, I hope you guys get through this, the whole world does (Strength, honor, and liberty (talk) 01:18, 20 October 2013 (UTC))
- TFD -- I never disputed that Labor initiated the reforms of the 1980s. Labor sometimes boast about it, and I think it is probably the best thing they ever did. Mining is big but not that big, Australia is a diversified economy with export products such as manufacturing, agriculture, mining, IT, and higher education. In 2007 the Japan was our largest export partner at 19% and China 14%. Boy, things have changed. But it showed that our economy can be flexible in changing global conditions, something I suspect Europe has sorely missed. (Ref: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Previousproducts/5368.0Feature%20Article1Oct%202007?opendocument&tabname=Summary&prodno=5368.0&issue=Oct%202007&num=&view=).
- Mining is 9.2% of the economy in 2011. Arguably it has put far more strain on non mining sectors than Europe and the USA has ever been exposed to, except that our banks did not collapse. The high Aussie dollar has put huge stress on large non mining states such as NSW and Victoria and their manufacturing industries, yet we do not have the high unemployment seen in Europe and the USA. China's share of our exports has since risen to 22.6% and Japan has fallen to 16% in 2010 which shows the Australian economy is highly adaptable to change, embracing new markets and ditching the old in just 3 years after GFC (http://www.dfat.gov.au/publications/trade/trade-at-a-glance-2011.html). USA exports to China is 7.17%. Mining only employs 1.9% of the workforce and is the same as manufacturing in GDP at 9.2% in 2011 (Ref: http://www.abc.net.au/unleashed/2876728.html). Mining is brilliant don't get me wrong, but there is more to Australia than just mining.
- Well good luck, I hope you guys get through this, the whole world does (Strength, honor, and liberty (talk) 01:18, 20 October 2013 (UTC))
- Australian banks are now among the most powerful in the world. The Commonwealth Bank of Australia is a private sector public bank worth more than the entire German banking sector. Worth at well over $100 billion, it is the 7th most valuable bank in the world, up there close to JP Morgan. To put this in perspective, Germany has just under 4 times Australia's population and USA 14 times. All major banks are stock market traded and all banks are private sector with zero government interference, the 2013 economic freedom index said "The financial system has remained stable, and prudent regulations have allowed banks to withstand the global financial turmoil with little disruption". Also most Australians have variable interest rate loans, so benefits in interest rate cuts flowed directly into the economy and gave relief to struggling Aussie home owners and reduced incidences of bad debts (Ref: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/1301.0Chapter27092009–10, reference about CBA available on demand) (Strength, honor, and liberty (talk) 01:18, 20 October 2013 (UTC))
- Which country are you from TFD? People in poverty don't have skills, they should go to TAFE, Uni, or get an apprenticeship if they want money.
- Inequality is actually much better than other rich countries, http://www.theguardian.com/business/grogonomics/2013/oct/14/australia-wealth-top-world . Average wealth is just 1.8 times median wealth, much lower than Britain and USA. I don't know why they criticise the high Aussie dollar as not being true wealth, it is not true, I benefit greatly from it, cheap fuel, cheap foreign goods, Europe is so cheap now (Strength, honor, and liberty (talk) 07:49, 20 October 2013 (UTC))
- Australian banks are now among the most powerful in the world. The Commonwealth Bank of Australia is a private sector public bank worth more than the entire German banking sector. Worth at well over $100 billion, it is the 7th most valuable bank in the world, up there close to JP Morgan. To put this in perspective, Germany has just under 4 times Australia's population and USA 14 times. All major banks are stock market traded and all banks are private sector with zero government interference, the 2013 economic freedom index said "The financial system has remained stable, and prudent regulations have allowed banks to withstand the global financial turmoil with little disruption". Also most Australians have variable interest rate loans, so benefits in interest rate cuts flowed directly into the economy and gave relief to struggling Aussie home owners and reduced incidences of bad debts (Ref: http://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/1301.0Chapter27092009–10, reference about CBA available on demand) (Strength, honor, and liberty (talk) 01:18, 20 October 2013 (UTC))
References
Capitalism, Part Three
"People in poverty don't have skills." In the US, many people living in poverty have Ph.D.'s. US companies would rather ship jobs overseas, or import imigrants, than pay the wages a US Ph.D. demands. Another large class of poor people in the US pick crops, and if you don't think that takes skill, try it some time. One of the problems with the concentration of wealth is that a small number of conglomerates are powerful enough to set wages, and they naturally, in their own self-interest, set wages as low as possible. One unintended consequence of the US commitment to feeding the poor is that corporations no longer need to pay their workers enough so they can eat, so the US taxpayer picks up the difference. Rick Norwood (talk) 13:07, 20 October 2013 (UTC)
- Why don't they except lower pay and get a job? In Australia our skilled immigration program is far more extensive than that of the US, and we do not have the same problem.
- If they did a Ph.D in drawing then they probably got what they deserved.
- Crop picking is hard work but I don't think you can quite call it skilled labor. In New Zealand they get poor pacific islanders to do the dirty work for them, and in Australia it is a popular job for unskilled backpackers and other poor travellers. In a capitalist society wages are set by the market, and because anyone can do an unskilled mans job it is only natural that they get payed by far the least, you need skills to make yourself special to fight your way to the top. Artificially inflating wages through unionism increases the risk of unemployment for people not already in the union which is about as poor as you can get.
- Australia is more capitalist, neoliberal and laissez faire than America. We have lower taxes, corporate tax rate is 30% compared to Americas 35%. Personal tax rates are similar, we spend less on welfare. Our labor market is just as deregulated as America if not more deregulated. Despite this, inequality is substantially lower in Australia than in America and Britain and almost all other rich countries. Why?
- Could it be because we invest more of our income into wealth creation, at least 9% (soon 12%) of our income goes to wealth creation and capital accumulation every year, which means there is less of a run away affect between rich investors and the average Joe that might blow it all at the Casino? (Strength, honor, and liberty (talk) 00:11, 21 October 2013 (UTC))
- I don't know by the way, I am just throwing it out there as a possible theory because I do not think it is compulsory in America to invest money despite 401 (k) plans (Strength, honor, and liberty (talk) 00:12, 21 October 2013 (UTC))
- Could it be because we invest more of our income into wealth creation, at least 9% (soon 12%) of our income goes to wealth creation and capital accumulation every year, which means there is less of a run away affect between rich investors and the average Joe that might blow it all at the Casino? (Strength, honor, and liberty (talk) 00:11, 21 October 2013 (UTC))
- Australia is more capitalist, neoliberal and laissez faire than America. We have lower taxes, corporate tax rate is 30% compared to Americas 35%. Personal tax rates are similar, we spend less on welfare. Our labor market is just as deregulated as America if not more deregulated. Despite this, inequality is substantially lower in Australia than in America and Britain and almost all other rich countries. Why?
Nobody in the US is required to invest. If we want to, we can stuff our money in a matress.
You seem to be down on unions. If management can combine to fix wages, as they do, why should workers not combine to fix wages? Before the union movement, almost everybody was one paycheck away from starvation, and when they were too old or too sick to work, their only option was the poor house, where they could subsist a few years on bad food and no medical care paid for by charity.
Very few Americans belong to unions any more, because the prosperity of the forties, fifties, and sixties made joining a union less attractive. Unions are making a comeback today, as real wages decline.
Many Ph.D.'s do accept lower pay. My son has a Masters in Computer Science, and works part time for low pay and no benefits. We keep hoping the economic situation will improve. As for your comment that the average Joe might blow his wages at the casino, that was exactly the argument used by the corporations in the Guilded Age, as if blowing your money at the casino were limited to the working class.
As for your 30% corporate taxes being lower than in the US, your corporations probably pay their taxes. The big oil companies, the richest corporations on earth, usually find loopholes to avoid paying any taxes at all.
Rick Norwood (talk) 17:02, 21 October 2013 (UTC)
- As the Murdoch press points out, the Australian economy is driven by exports of raw materials, especially to China, rather than any particular policies.[2] And some of the policies SHL mentions have little to do with neoliberalism. Australian banks kept the same system that sees banks as privately-financed government regulated public utilities. Despite the fact that measured by equity, one of them is in the top ten, none of them are in the top ten measured by assets. That is because they are required to be heavily capitalized, which restricts their growth while protecting depositors. Australia lowered corporate taxes by implimenting a value added tax which every other OECD country except the U.S. has done. Similarly the establishment of a fully funded government pension scheme is standard in all OECD countries except the U.S. But inequality and poverty rates are only impressive among OECD countries when compared with the US and UK, are the same as Canada and NZ, and far worse than non-English speaking countries. It is ironic too that part of the higher living standard is made possible by oppressed labor in communist China. TFD (talk) 20:11, 21 October 2013 (UTC)
- Isn't investing a far better way to fight inequality than penalising smart and successful people for doing something that the commoners simply do not have the insight to do?
- Australia has proven it works, not only are we the richest people in the world, but our wealth is spread more evenly than any other country in the top 50 economies except for Italy, Belgium and Italy. Isn't this far better than wasteful taxes which only seek to harm people that have done the right thing, what is better, investing your own money becoming a rich business man or punishing the successful and wasting their money on extensive bureaucracy?
- It is wonderful, the mining boom only employs 1.9% of our population. Why do we love it so much? Because we own it! You complained frequently about how your rich own everything and keep all the profits, why not own some of it yourself? Aussies love big company profits because they go straight into their bank accounts, we just love CBA profits cause banks have done so wonderfully, cause we own them! Don't complain, own the means of production, screw it just do it!
- Then you will learn to dislike unions cause so few people are actually in them, they just hurt your big profits and share price. Unionism has been around since the beginning of industrial revolution, it is associated with wealth increase but I doubt it is the cause. Technology, better farming practises made us wealthy. Before the invention of fertiliser everyone was going to die in famine, then boom! So much food, glorious food, and oil, wonderful oil. Penicillin, how many people died before antibiotics!
- Mining is big but not that big, I can't read your article cause I don't subscribe to WSJ. No doubt it has significantly contributed to growth but not all growth, Australia is a diverse economy, we are not Saudi Arabia. VAT or GST only applies to good sold, very few companies pay it. It is effectively a consumer tax, designed to eliminate complicated state taxes and simplify the tax system.
- China is an unsophisticated economy, it is alright for unsophisticated economies to be directed by government because the path to wealth is obvious. Build more houses, build roads, build farms, build build build. But modern developed economies are far too complicated, innovation comes from individuals and so much happens at once the gov can't handle it with its bureaucracy. A system must be devised to reward new ideas and ditch the old, that system is the free market.
- Only libertarians call for zero regulations, no one here has. I want efficient and minimal regulations. Not even the conservatives, or business men, have ever criticised our banking regulations.
- Australian inequality has barely budged since the reforms of the 1980's. Why? I believe/suspect it is because we are a nation of investors. This is how you eliminate gross inequality seen in the US and Britain and the whole world, become a businessman, and own the means of production. Inequality is good, it rewards the best and encourages competition that forces people to innovate and work hard. But there is no need for the gross inequality seen in the US, if the people act like rich people and invest their money to make money, and lots of money. That way the rich do not have any advantage over the common people, because they both employ the same tactics we all get rich, and that is good (Strength, honor, and liberty (talk) 00:05, 22 October 2013 (UTC))
- Are you speaking from experience? Do you come from a low income working-class or Aboriginal family and are thankful that you are not from an above average income family from another OECD country? TFD (talk) 01:18, 22 October 2013 (UTC)
- The trouble with aboriginals is tough to solve. It has nothing to do with capitalism, it has to do with their history and cycles of alcohol abuse and drugs, problems stemming from the first invasion of Australia by the British. It is really hard, but some progress is being made. Employment by the mining boom, especially Andrew Forrest's FMG, has probably done more for them than wasteful government spending has ever done for them. I am in favour of government helping them, but not all programs have been very successful. Some more than others. Problem isn't just with alcohol, petrol sniffing, parents that can't look after bored teenagers, and dying elders (aka grandparents) --> we don't understand their culture, I suspect that our programs aren't as well suited to their needs because we are ignorant, it simply is not about the massive amounts of money we give them anymore.
- Are you speaking from experience? Do you come from a low income working-class or Aboriginal family and are thankful that you are not from an above average income family from another OECD country? TFD (talk) 01:18, 22 October 2013 (UTC)
- I know some single parents, they are nurses. They have to work hard and it is tough for them cause the father gives no money, but their kids will get into uni and should do well. It is compulsory in Australia to give at least 9% of your income to superannuation, most of it goes into super funds which make money so even low income people own substantial amounts of shares and investment. After 40 years of hard work, you should be able to derive an income from your super portfolio roughly equal to what you earned during your life. To sweeten the deal, this money is tax free. So after 40 years of earning $50 000 a year, you should be earning tax free $50 000 from super. The program has only been around for 30 years which is one reason why it some people retire with not ideal amount of super. Estimate based on high growth portfolio which generates an average 7-8% per year on investment -->http://www.news.com.au/business/worklife/m-in-superannuation-not-enough-at-65/story-e6frfm9r-1226725418443
- The need to reduce risk when you retire means that my estimate isn't exactly as good as it should be, it gets complicated. That example of the 65 year old could be earning a ton of money if he/she is a maniac that takes too much risk (Strength, honor, and liberty (talk) 03:09, 22 October 2013 (UTC)).
- The thing is, is that everyone in Australia is highly dependent on the success of companies. Our future is in the hands of corporations that make profits, we all need them to do well, not just to provide employment but to make money (Strength, honor, and liberty (talk) 03:22, 22 October 2013 (UTC)).
"Commoners?" "Commoners!" Are you serious?
Your "smart and successful people" are penalized only in the sense that they have to pay taxes. They still get 60% of the entire wealth in the US. And they profit from the healthy, educated, hard-working citizens, the infrastructure, and the military protection that their taxes help pay for. About half of the very rich understand this.
Rick Norwood (talk) 11:58, 22 October 2013 (UTC)
Rick Norwood (talk) 11:58, 22 October 2013 (UTC)
- In Australia our average wealth is 1.8 times our median wealth. In America, that's 6.7 times, a huge difference. How can this be? I am suggesting it could possibly be greater use of investment funds in Australia, and perhaps that could be one way of addressing inequality in America? I don't know.
- In Russia it is 12.6 times. Also, I think I better clarify exactly when I thought it was ok for your computer scientists to accept lower wages when competing against foreigners. It depends, in Australia there are some industries where wage pressures are ridiculously high and foreign workers are needed to reduce costs to ensure continued growth. In America, this might not be the case since the economy isn't quite as nice and unemployment is higher, I do not know enough about your immigration program but I do believe it is wrong to allow excessive wage depreciation from competition by foreign workers (Strength, honor, and liberty (talk) 12:56, 22 October 2013 (UTC)).
- Excessive wages is $230 000 for cooking french fries on an oil rig. Thinking of nabbing the job? Sorry but it is only available to members of the Maritime Union (Strength, honor, and liberty (talk) 13:14, 22 October 2013 (UTC)).
- In Russia it is 12.6 times. Also, I think I better clarify exactly when I thought it was ok for your computer scientists to accept lower wages when competing against foreigners. It depends, in Australia there are some industries where wage pressures are ridiculously high and foreign workers are needed to reduce costs to ensure continued growth. In America, this might not be the case since the economy isn't quite as nice and unemployment is higher, I do not know enough about your immigration program but I do believe it is wrong to allow excessive wage depreciation from competition by foreign workers (Strength, honor, and liberty (talk) 12:56, 22 October 2013 (UTC)).
The huge income inequality in America is caused almost entirely by politicians doing special favors for rich campaign contributors. Does Australia have limitations on "campaign contributions" (bribes)?
The lower wages in question are $400 a month. It is for part time work, but still is not a living wage.
As it happens, when I was at the University of Southwestern Louisiana, I taught a special class for oil field workers, who work six weeks on and six weeks off. It is dangerous work, and requires being away from your family for six weeks at a time. You blame the union for "excessive" wages. It seems odd to me that wages reached by free-market negotiations are "excessive", but oil company profits are never excessive. My libertarian friends seem to love the free market when it benefits the upper class, but hate the free market when it benefits the working class. Rick Norwood (talk) 13:57, 22 October 2013 (UTC)
- You'll need to tell me more about these special favours to me, it sounds like corruption and that is really bad. There are no limits, but party's get government funding so reliance isn't as great. Also, our election campaigns are shorter and therefore cheaper than yours, so the pressure isn't as great and parties can focus on the people. They do have influence, but I do not think it is one fiftieth as bad as in America.
- It still does not explain how Australian wealth inequality is less than all other big 50 countries except for 3. This is despite the fact that Europeans deliberately raise taxes and have extensive welfare to try and reduce inequality, but Capitalist Australia has been far more successful. Ironic?
- Maybe it is dangerous in America but not in Australia. We are safety mad in mining, it is so safe it is safer to work in a coal mine than to work in construction. Remind me, who gets paid more? Unions only represent 18% of our workforce, yet under labor they demand huge unfair wage increases. Who suffers? Society suffers, society is in effect subsidising these high wages cause not everyone can earn $230 000 a year. Teachers go on strike, they get so many holidays but they still want more money from the government, but there are so many other hard working Australians and Americans that deserve the money more but get paid less. Then the Police union sees their success and then they strike too. This hopefully will stop now, because the liberals will pass legislation so they get punished if they continue to strike and it is illegal.
- I do not think big oil profits are excessive. Profits are either reinvested or distributed to shareholders, many of these shareholders are hard working Australians. Most of these "common" Australians then proceed to reinvest this money to make more money, if they are retired then they might take a holiday to Europe. They might also buy American oil companies so we can get a share of your profits too (Strength, honor, and liberty (talk) 23:52, 22 October 2013 (UTC)).
- Except inequality in Australia is only low when compared with the U.S. and UK, and is higher than most other OECD countries. And saying that poverty among aboriginals has "nothing to do with capitalism" is being selective. TFD (talk) 01:28, 23 October 2013 (UTC)
- I provided you with a link that compares inequality to the top 50 biggest economies in the world, and our wealth inequality is the lowest compared to all except for Finland, Italy and Belgium. Many OECD countries are in that list, and many European countries make the top 50 (Strength, honor, and liberty (talk) 05:29, 23 October 2013 (UTC)).
- Here is the link again Here. Arguably, the top 50 countries can be used as a suitable sample to compare Australia to the whole world. Since it is not a random sample I acknowledge that that statement can be rightfully disputed and I accept that (Strength, honor, and liberty (talk) 05:37, 23 October 2013 (UTC)).
- Economic equality is measured by income, not wealth. The report points out that the major component is real property due to "high urban real estate prices." It accredits the country's overall wealth to "a large endowment of land and natural resources." It also points out low credit card and student loan debt. That is partly because tuition was free, and partly because the student loan program is not considered debt. I am still waiting to hear which liberal policies the U.S. could adopt that would provide benefit. So far we have cheaper tuition, regulation of the banks, VAT, fully funded pension schemes and most importantly, having more natural resources. OTOH, universal health care and wider welfare assistance do not seem to have driven the country to the wall. TFD (talk) 06:19, 23 October 2013 (UTC)
- True. I don't mind income inequality too much, it was the huge wealth inequality that Rick was talking about that I thought was sickening. This is because the people do not profit when companies profit, so you get a scenario where only a handful of people get richer and the wealth isn't shared. People often vote in shareholder meetings to raise the pay packets of CEO's on the condition that the share price goes up, so often people don't really care about inequality as long as they get richer and benefit as well. Of coarse, we all do care because we are competitive, but I am just saying that there is a mutual benefit to inequality.
- Economic equality is measured by income, not wealth. The report points out that the major component is real property due to "high urban real estate prices." It accredits the country's overall wealth to "a large endowment of land and natural resources." It also points out low credit card and student loan debt. That is partly because tuition was free, and partly because the student loan program is not considered debt. I am still waiting to hear which liberal policies the U.S. could adopt that would provide benefit. So far we have cheaper tuition, regulation of the banks, VAT, fully funded pension schemes and most importantly, having more natural resources. OTOH, universal health care and wider welfare assistance do not seem to have driven the country to the wall. TFD (talk) 06:19, 23 October 2013 (UTC)
- Here is the link again Here. Arguably, the top 50 countries can be used as a suitable sample to compare Australia to the whole world. Since it is not a random sample I acknowledge that that statement can be rightfully disputed and I accept that (Strength, honor, and liberty (talk) 05:37, 23 October 2013 (UTC)).
- I provided you with a link that compares inequality to the top 50 biggest economies in the world, and our wealth inequality is the lowest compared to all except for Finland, Italy and Belgium. Many OECD countries are in that list, and many European countries make the top 50 (Strength, honor, and liberty (talk) 05:29, 23 October 2013 (UTC)).
- Except inequality in Australia is only low when compared with the U.S. and UK, and is higher than most other OECD countries. And saying that poverty among aboriginals has "nothing to do with capitalism" is being selective. TFD (talk) 01:28, 23 October 2013 (UTC)
- Imagine if no one Australian owned shares in the mining industry. The money would all go overseas, we would be ripped off because it provides hardly any employment. That would be a real shame if true, but fortunately even though a lot of money does go overseas Australians do become very rich from it. I take it you are Australian.
- The report said 59% was real estate, which is still an important money making asset. But that other 41% must be money making investments into shares and other financial assets and wealth creation I assume, which proves that we are a nation of investors. I propose that the US introduces compulsory super. US citizens should become rich people through investing, that is a very liberal policy consistent with capitalism.
- Compulsory super will stop the run away train that is wealth inequality, all US citizens will get really rich like Australians. They will own companies so they profit from rich oil companies and food companies and any rich company. They will become business minded so they will vote for policies that do good for the economy in all aspects, not just jobs.
- I think I have now realised that our healthcare is much better than the USA, learnt a lot in this discussion. I don't think I was ever comfortable about it not being universal anyway.
- Student debt only affects our wealth when we are young, by the time your 50 you don't care and enjoy the resulting tax cuts so I'd be surprised if it actually did affect our overall rankings (debt shifts money from the young to the old). I think it would be great to implement because it makes it much easier for gov to invest in higher education, I am sure you know Gillard recklessly axed billions from university funding. It is unsustainable given the current budget crisis and certain policy commitments, make the students pay more for it then that will increase the amount of capital available to improve our universities.
- I think it sounds like we have far better business and investment friendly policies than the United States (Strength, honor, and liberty (talk) 06:50, 23 October 2013 (UTC))
It sounds to me like Australia has better government than the US.
Inequality can refer to either income inequality or wealth inequality, so we need to be clear which we are taking about.
I ask again, why is it bad that workers have wages in the hundreds of thousands but ok that bankers have wages in the millions?
I could tell that you, SHL, read Murdoch media when you describe taxes as "punishing the productive". That's a Murdoch slogan he pushes in all his media, even though taxes are designed to raise revenue, not to punish anybody, and the rich are sometimes productive, sometimes destructive. But Murdoch media, in the US represented by Fox News and the Wall Street Journal, always describe the rich as "productive" and the poor as "envious" and taxes as "punishment". And war is peace, freedom is slavery, and ... I forget the third one. Rick Norwood (talk) 12:01, 23 October 2013 (UTC)
- Defiantly we do have to be clear.
- When I am talking about taxes punishing the productive, we are talking about different methods of reducing inequality. In this case I was talking about wealth inequality, I believe it is better to reduce wealth inequality by encouraging ordinary people to participate in wealth creation and investment in opposed to excessive taxation of the wealthy to reduce wealth inequality, not only do I think Australia has proven it yields better equality results but we are also far wealthier than the majority of European nations.
- I know for sure the poor and common people are productive too, I never want them to suffer, they normally very hard working. Some poor middle and rich are lazy, but I think almost everyone in society works really hard from the poor to the rich, except for brain surgeons that take 6 months holiday every year.
- I believe that the rich should pay more tax, we still need to reward them for doing what they do, but I want to keep the current progressive tax system. All I want to do is cut tax, not shift the tax burden from rich to poor.
- I believe it is ok to pay a banker millions but not a member of the union because the bankers labor is valuable, we need him/her to carry out very important work that no one else can do that yields important dividends for society. Bankers handle a lot of money and they have to do their job properly. Serving french fries on an oil rig while earning $230 000 a year is a joke, Engineers doesn't even earn that much on an oil rig and they do so much more study and have to be much cleverer at mathematics and most importantly have infinitely much more responsibility. It gets worse.
- Unionism worked better 40 years ago when most were all factory workers, everyone had to work together to create wealth and there was no easy money cause you had to compete with other unions. These days, Australian unions in the private sector only represent 13% of the workforce. So pay rises not met by increased productivity are in effect ripping off the other 87%. This cost to the rest of society comes in the form of poorer super superannuation and higher costs of goods and services. And the majority of them are fighting the taxpayer not the rich millionaire investor.
- We can never return to the mixed union economies of the 1950's. Society is to individualistic, we have individual skills that force us to compete on a one to one basis.
- Basically I support the banker because my knowledge is that there is greater wealth creation for everyone when there is neoliberal inequality, because we reward clever ideas and hard work, and when certain services are in demand the cost goes up encouraging more people to go to that sector (even if it is low skill). It encourages people to get skills to earn money, and competition is great. Competition spurs people to come up with new ideas and ways of doing things. Labor market flexibility is also essential to respond to crisis. And the rules are clear and apply to everyone equally, and it is more efficient wealth creation and progress.
- This is also why I believe it is so important for the common people to invest substantial amounts of their money, they miss out on a lot of the wealth if they don't. Then everyone benefits from big company profits, and people do not feel so ripped off, and they understand the system better and how and why it benefits them (Strength, honor, and liberty (talk) 13:14, 23 October 2013 (UTC))
- 1984! Ignorance is strength! (Strength, honor, and liberty (talk) 13:16, 23 October 2013 (UTC))
"Equality of outcomes" is another meaningless slogan. Nobody I know supports equality of outcomes. The rich can have so many houses they can't remember how many they have, that's fine with me. The question is not equality, but rather whether the working class will live decent lives, or live in grinding poverty, whether there will be enough jobs for everyone to find work, whether everyone will be able to get an education without going into lifelong debt. For me, the important thing is that we live in an economy of plenty, and the laissez faire economists are still thinking in terms of an economy of scarsety. Before technology, there wasn't enough to go around, and for the rich to be rich the poor had to be poor. Now, the rich can be rich and the poor can still have enough food to eat. But that means that, when the rich have 60% of all the wealth in the US, they have to pay taxes, or pay a living wage and provide jobs and health care. Because they don't provide a living wage, jobs, and health care, the government has to step in. Rick Norwood (talk) 19:29, 23 October 2013 (UTC)
- I agree. I think the challenges facing our two nations are very different. Eliminating long term unemployment through a strong/good economy should push wages up to an acceptable level according to laissez faire economics (Strength, honor, and liberty (talk) 23:13, 23 October 2013 (UTC)).
- You need to make it easier for people to invest their money and create employment and to profit. In Australia, it isn't even a case of rich vs poor (maybe more of an old vs young), government policy needs to make it easy as possible for people to invest and to get the economy going and money going around (Strength, honor, and liberty (talk) 02:22, 24 October 2013 (UTC)).
As I've mentioned before, the rich in the US have about a trillion dollars in uninvested capital. When you have 60% of the total wealth, to risk the 60% in hopes of getting the other 40% does not sound like a good deal. As for your suggestion that the poor improve their lot by investing, I don't think you understand the hand-to-mouth existance of the poorest 20%, who have no medical care, no car, and work two minimum wage jobs. One illness, and they lose their jobs. Of course, they can get food stamps, but in some cases that is $16 per month, and you cannot eat very well on $16 per month. Rick Norwood (talk) 12:46, 24 October 2013 (UTC)
- I still consider holding money in banks and other low risk assets investing. The money is still benefiting the economy because money in savings accounts is being lent out for new business ventures and house building, for example. It is not really in the nations interests for all the USA's assets to go into high risk infrastructure building projects and other high risk business ventures because it could all be lost, after all, weren't high risk subprime mortgage loans the principle cause of the GFC?
- It doesn't matter if you are rich or poor, you need a balanced and diverse portfolio which generates a return from high risk assets that fluctuate in price significantly and low risk assets such as bonds and bank deposits that generate a steady return year on year, that way the risk of losing all your money in the next GFC is very low.
- The idea is to significantly reduce company tax and then effectively give everyone a pay rise so American businesses and people aren't hit financially, but the gov has to cut spending. Could that work in the USA? If you like the idea, maybe you hate it, but if you did then maybe it would be better to implement after the US gets is budget back under control? (Strength, honor, and liberty (talk) 23:30, 24 October 2013 (UTC)).
- I suppose those policies would be helpful, but are counter to what business elites in the U.S. want. The system has served them well, and high unemployment is beneficial to them because it keeps wages low. Forced savings and cutting government spending would reduce purchases, while lower corporate taxes (which as in Australia would be replaced by GST), would improve U.S. manufacturing, leading to higher employment. State and local governments which are not allowed to borrow have been forced to make cuts, including releasing prisoners, firing police and firemen, and reneging on employee pensions. TFD (talk) 01:51, 25 October 2013 (UTC)
- True. I guess the American people will have to fight their rich to get what they want. It is not even like this policy directly takes anything away from the rich, it just makes it easier for ordinary people to compete with them and improves business conditions. I have heard great things about the American manufacturing future, with all that gas, certainly will provide employment.
- I suppose those policies would be helpful, but are counter to what business elites in the U.S. want. The system has served them well, and high unemployment is beneficial to them because it keeps wages low. Forced savings and cutting government spending would reduce purchases, while lower corporate taxes (which as in Australia would be replaced by GST), would improve U.S. manufacturing, leading to higher employment. State and local governments which are not allowed to borrow have been forced to make cuts, including releasing prisoners, firing police and firemen, and reneging on employee pensions. TFD (talk) 01:51, 25 October 2013 (UTC)
- I'd hope that spending cuts are smart spending cuts, firing police and firemen and releasing prisoners was not exactly what I had in mind but are very real concerns if governments have to cut spending too quickly, I know that happens in Australia especially Queensland is making many regrettable cuts and to a limited extent WA. More efficient government and encouraging greater private participation/delegating government tasks to the private sector such as infrastructure investment is the general way to go I think, I am not in touch with Queensland enough to know if some of their cuts have gone too far in certain sectors but they have a lot of debt. With superannuation privatisation means of the profits would go to the people and provide investment opportunities for the people.
- Rick --> there are also significant tax advantages to superannuation such as low capital gains tax and reduction in income tax that helps people to invest, often people put more money than required to save tax and make money but there are limits. (Strength, honor, and liberty (talk) 05:09, 25 October 2013 (UTC)).
Capitalism, part 4
The Tea Party, who are the strongest American force for cutting government spending, always somehow cut benefits for the poor, never benefits for the rich (such as farm subsidies). Two of the strongest congressional advocates of cutting benefits from the poor get hundreds of thousands of dollars, personally, in farm subsidies, even though they are not farmers. So, we see cuts in education, firefighting, science, and law enforcement, but never cuts in welfare for the rich.
The problem with the low capital gains tax is that it makes no distinction between capital gains made by investment that increases employment, such as starting a business, and "investment" that hurts employment, such as a hostile takeover, where the new owners fire all the employees, empty out the pension fund, sell off the capital assets, pay themselves millions in bonuses, and then declare bankruptcy. Mitt Romney made a lot of his money this way, and paid a much lower tax rate than I pay, because it was all capital gains.
You say poor people could invest by putting money in the bank. In almost every strip mail in America is a paycheck loan, where poor people borrow money on their next paycheck to pay doctor bills or to buy food. So, far from investing their money, the poor are forced to spend their money before they earn it, and pay interest instead of earning interest.
I don't want you to think I'm down on America. It is still a great country, and the richest and most powerful country in the world. I just think a lot of Americans vote against their own interests, and I think the propaganda of the Murdoch media is responsible for a lot of that.
Rick Norwood (talk) 15:42, 25 October 2013 (UTC)
- Good luck. I've heard many great things about America.
- Corporate raids of pension funds????? That's terrible! Why doesn't the US government stop this and change the law? It cannot happen in Australia because businesses do not own the workers retirement savings, the worker controls and owns their own retirement savings, therefore retirement savings are completely safe from corporate raids (Strength, honor, and liberty (talk) 23:42, 25 October 2013 (UTC)).
- Australia gives almost no farm subsidies and our farmers have to fight against US subsidies, we should be taxing US crops to even the competition/null the effect of farm subsidy but even then we have to compete on the world stage and almost all our profits come from overseas, farmers do it tough (Strength, honor, and liberty (talk) 00:48, 26 October 2013 (UTC))
- Corporate raids of pension funds????? That's terrible! Why doesn't the US government stop this and change the law? It cannot happen in Australia because businesses do not own the workers retirement savings, the worker controls and owns their own retirement savings, therefore retirement savings are completely safe from corporate raids (Strength, honor, and liberty (talk) 23:42, 25 October 2013 (UTC)).
- The U.S. government does not stop this because it is pro-business, labor unions are relatively non-militant and powerless and there is no labor party to advocate for working people. Subsidies to agribusiness and other sectors (banking, automobiles, energy, pharmaceuticals, etc.) have increased in developed nations and decreased in developing nations under neoliberalism. TFD (talk) 18:47, 26 October 2013 (UTC)
- This is not a pro-business policy TFD! This is cronyism! And it is really really bad. Pro-bussiness does not mean favouring your super rich, pro-business means encouraging business. This is an immoral policy that goes against all elements of liberalism, from laissez faire to neoliberalism to social liberalism. Retirement savings belong to the worker, retirement savings are their hard earned cash, these pension funds are the property of the worker and therefore according to economic liberalism property rights must be protected and therefore belong to the worker! Policies like this will cause society to decay as the super rich control everything, this is analogous to feudalism and the wealthy elite of kings and queens and their families. It is the direct opposite of capitalism.
- Corporate raids are pretty rare but necessary to keep business management accountable. Corporate raids occur because a company is doing really badly, usually due to bad management. The rubbish CEO's and management that caused this must be punished, and if they aren't the workers will lose their jobs eventually. This is where the corporate raider steps in, for the share price to be less than the value of the companies assets basically means the company has no future and is dying. It is a very unfortunate process and you have to be very cold blooded and immoral and greedy to do it, but it has to be done otherwise bad CEO's will cause economic decay and eventually everyone will either lose their jobs or have bad quality jobs. But this does not mean that the workers do not have any rights, retirement savings are their money and therefore should be protected from a corporate raid or bankruptcy and returned to the innocent and hard working worker.
- Agriculture subsidies is not a neoliberal policy. All developed countries EXCEPT Australia and New Zealand have increased farm subsidies. And subsidies is a policy that has yielded awful results. The result? Australian farming is far superior to American and European farming. Some farms in France are so bad you could believe that they were living in a poor developing country. Compared to corporate USA? Against the odds, the Aussies have beaten them.
- American farmers enjoy many benefits over their Australian counterparts. Americans have higher and more predictable average rainfall, free government insurance protects them against economic disaster, they have cheaper labor, there is less regulation on Animal welfare and environment including less pubic pressure on these issues, and less burdensome regulation and red tape, and of course lots of government subsidies. Australian agriculture is also more trade exposed, 60% of our produce is exported vs. US 20% and is worth much more to our national economy (2.6% Australian GDP vs 0.8% US GDP). Despite this, Australian farming is more efficient and we have cheaper crops. Why? I suspect it is because government subsidies encourage inefficiencies and bad management.
- What are these inefficiencies? I read in this farmers article that there are technologies and better farming practices that Australian farmers pick up faster than the Americans. Australian farmers are innovators. Adoption of minimum till and GPS-controlled cropping systems is much higher in Australia, and we use crop rotations that has doubled Australian production yield in the past 30 years and delivers superior yield to American agricultural practises. Why don't American's use crop rotations? I have do idea. But it is a fallacy that Americans produce the cheapest food, as noted here. I am not deliberately boasting about Australian farmers I am not that kind of person, I am just using my country as an example of why subsidies can be very damaging to industry and why free-market capitalism delivers superior results for the people, and this point probably should be brought up in US politics (Strength, honor, and liberty (talk) 00:02, 27 October 2013 (UTC)).
- Is there too much big company influence in American politics? (Strength, honor, and liberty (talk) 06:58, 1 November 2013 (UTC))
- What are these inefficiencies? I read in this farmers article that there are technologies and better farming practices that Australian farmers pick up faster than the Americans. Australian farmers are innovators. Adoption of minimum till and GPS-controlled cropping systems is much higher in Australia, and we use crop rotations that has doubled Australian production yield in the past 30 years and delivers superior yield to American agricultural practises. Why don't American's use crop rotations? I have do idea. But it is a fallacy that Americans produce the cheapest food, as noted here. I am not deliberately boasting about Australian farmers I am not that kind of person, I am just using my country as an example of why subsidies can be very damaging to industry and why free-market capitalism delivers superior results for the people, and this point probably should be brought up in US politics (Strength, honor, and liberty (talk) 00:02, 27 October 2013 (UTC)).
Is the bear Catholic? Rick Norwood (talk) 17:21, 1 November 2013 (UTC)
- I understand (Strength, honor, and liberty (talk) 23:42, 1 November 2013 (UTC))
- It is Catch-22. Always Catch-22. Worse thing ever (Strength, honor, and liberty (talk) 12:37, 3 November 2013 (UTC))
- I understand (Strength, honor, and liberty (talk) 23:42, 1 November 2013 (UTC))
Capitalism, Part 5
Australia has compulsory voting. Do you believe in compulsory voting? Could the lower 58% turn out at US elections have any bearing on public policy in regards to issues we have discussed, in particular the fact that the minority government mandate winning 29% are likely to be wealthier? (Strength, honor, and liberty (talk) 07:01, 6 February 2014 (UTC))
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Twin Earths
Hi, Rick, and it's nice to see someone else who knows the work of Al McWilliams!
The only source I saw in the article was a link to a piece of Twin Earths art and background text at the user -generated page at [3], with a description written by an art collector, Stephen Donnelly. Because he's not a published comics historian or a recognized authority in comic-strip history, his text can't serve as a reference source. There must be other sources, such as Leiffer, Ware at [4] to verify the years and creators, its lengthy entry at Don Markstein's Toonopedia [5] — both of which are cited at Al McWilliams, so you could just copy-paste the cites and their formatting from there — and a newspaper article from the time, at [6]. Hope this helps! With regards, --Tenebrae (talk) 14:48, 13 April 2014 (UTC)
Function (mathematics)
Hi Rick, I was just about to make the same edit you made and for the same reason when I realized that the next line used ℕ for the domain of the function and so the issue I wanted to avoid was being brought up de facto. I debated (with myself) whether or not to change the notation or do what I did – make the assumption explicit. I don't think the sentence should stay as it is, since it leaves the issue in the background and likely to confuse the typical reader of this page. My hesitation about changing the notation stems from what I perceive to be a lack of a standardized notation for the non-negative integers. Comments? Bill Cherowitzo (talk) 20:56, 27 April 2014 (UTC)
- One of the things that never ceases to amaze me is how Wikipedia manages to challenge some of the basic ideas that I've held for my, over 40, years in the business. I also do not think that ℕ includes 0 (and we are in very good company), but when I saw the opposite statement on WP I immediately tried to track down some references (to support my position of course). I found an embarrassingly large number of authors who include 0 (and some of them fairly respectable mathematicians). If I am reading the WP article correctly, Peano is actually not one of these – he used the initial symbol 1 and later logicians, seeing the arbitrariness of the choice, started to use 0. Our Natural number article seems to be written with a bias (referring to the "older tradition" of not including zero), but I did come across a modern reference which said that zero was considered a natural number in "some older texts." I am not sure what to do with this general "non-issue" (ignore it or deal with it head on), if I could see how to turn it into a valid "teaching moment" I'd be willing to deal with it. Bill Cherowitzo (talk) 22:42, 27 April 2014 (UTC)
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Thanks for comments and please keep them coming
Thanks very much for investing energy and time contributing thoughts on efforts to draft a new first lead paragraph for Global warming. Please note I just posted ver 5 of my idea, and would welcome further pro/con criticism. I'm attempting to ping everyone who has taken time to speak up after past versions. If I overlooked anyone, please let me know. NewsAndEventsGuy (talk) 19:11, 18 July 2014 (UTC)
Proposed deletion of Duotrope
The article Duotrope has been proposed for deletion because of the following concern:
- I couldn't establish WP:NOTABILITY
While all constructive contributions to Wikipedia are appreciated, content or articles may be deleted for any of several reasons.
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will stop the proposed deletion process, but other deletion processes exist. In particular, the speedy deletion process can result in deletion without discussion, and articles for deletion allows discussion to reach consensus for deletion. Boleyn (talk) 20:55, 11 August 2014 (UTC)
Nomination of Duotrope for deletion
A discussion is taking place as to whether the article Duotrope is suitable for inclusion in Wikipedia according to Wikipedia's policies and guidelines or whether it should be deleted.
The article will be discussed at Wikipedia:Articles for deletion/Duotrope until a consensus is reached, and anyone is welcome to contribute to the discussion. The nomination will explain the policies and guidelines which are of concern. The discussion focuses on high-quality evidence and our policies and guidelines.
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Please read and comment delete or keep Dao's theorem
Dear Rick Norwood,
I known You because You are creator of pages Thébault's theorem, so You are knowledgeable classical geometry, please read pages Dao's theorem and comment anything You think. Delete or keep pages Dao's theorem. Thank to You very much.
Best regards
Sincerely
--Eightcirclestheorem (talk) 08:55, 5 October 2014 (UTC)
Thank to You very much for your comment --Eightcirclestheorem (talk) 03:40, 6 October 2014 (UTC)
October 2014, Liberty
The primary definition of liberty on all accounts is the ability to act without hindrance or restraint. What you are doing is not trying to make it say that. Your preferred wording is, "Liberty is the power to do as one likes." Certainly that does not reflect the sources primary definition to the point that it pretends the primary definition does not exist. I cannot say what the point of all this is. But you appear to regularly affect a wide range of articles related to concepts of liberty. The conclusion is apparent.
- These are the exact words of the WP:NPV policy with emphasis I add myself: "Editing from a neutral point of view (NPOV) means representing fairly, proportionately, and, as far as possible, without bias, all of the significant views that have been published by reliable sources on a topic. All Wikipedia articles and other encyclopedic content must be written from a neutral point of view. NPOV is a fundamental principle of Wikipedia and of other Wikimedia projects. This policy is nonnegotiable and all editors and articles must follow it."
As far as I can see, the reason you want Liberty to say, it is only a power to do what you feel like, is that you feel like it. And I just want you to note, those who fought for freedom in the USA fought against those who supported the ability to do whatever you felt like. If it was the other way around, when they won they would have continued on and laid waste to the cities and peoples of their enemies, or bound or bound and oppressed them, or, just whatever they felt like doing about it because that is the way that it plays out in human history and that is the culture they were fighting against. They didn't get to consider themselves outstanding because they won a great battle for their own personal greed. The resulting constitution was primarily about freedom from others. You want it to say it was primarily about escaping the responsibility that confers. Law was not for the masses. Wake up.
See also
Cognitive bias ~ R.T.G 17:09, 8 October 2014 (UTC)
Your edits to Natural number overwrote a "citation needed" tag and two citations
- In this edit you overwrote a "citation needed" tag:
{{cn|reason=Please cite a *modern* source that starts with 0. Mendelson (1973) starts with 1 ('Number Systems and the Foundations of Analysis', Ch. 2).}}
- Your also overwrote two citations:
<ref>Van Heijenoort 1967, p. 83</ref>
<ref>Peano 1889, p. 1</ref>
Please restore the "citation needed" tag. The two citations did not have a corresponding reference, but you could improve the article by restoring the citations and copying the references from Peano axioms to the References section of Natural number.
In the future, please use the "Show changes" button to review your changes before saving. Overwriting citations is a good reason to revert a careless editor.
--50.53.35.229 (talk) 15:57, 7 October 2014 (UTC)
- [Reply copied from User_talk:50.53.35.229, because IP addresses can change, so split conversations become hopelessly muddled.]
- Thank you for your comments, but I removed the claim for which a citation was needed. Also, I removed the material that the two given citations referred to. As you note, the citations given did not address the question which provoked the "citation needed" flag.
- The "citation needed" tag was a vague claim about "modern" usage. I removed the claim that the usage was modern.
- The references referred to the original axioms written by Peano. Those axioms are of interest in the article Peano Axioms but are no longer commonly used or, rather, have been split into two sets of axioms, the ring axioms (commutative, associative, distributive and so on, discussed later in the article) and the five axioms named in honor of Peano. I'll add a reference to the five Peano Axioms. Rick Norwood (talk) 13:27, 8 October 2014 (UTC) — Preceding unsigned comment added by 50.53.47.9 (talk)
- Thanks for adding the link. That web page doesn't appear to be copy of WP, which is good, but it cites:
- [1] S.C. Kleene, "Introduction to metamathematics" , North-Holland (1951)
- Google books doesn't have a preview, but a search of Amazon's "Look inside" finds "13 results for Peano".
- Kleene would be excellent as a second reliable source. Do you have access to "Introduction to metamathematics"?
- --50.53.47.9 (talk) 20:28, 8 October 2014 (UTC)
- [Reply copied from User talk:50.53.47.9]
- I've added a standard reference for Peano Axioms. I don't have the book you mention, but I have any number of books that would be equally good references. The Peano Axioms are standard subjects in the courses I teach. Rick Norwood (talk) 20:33, 8 October 2014 (UTC)
- [end of copy] --50.53.47.9 (talk) 20:43, 8 October 2014 (UTC)
- Any book (or books) that lists the Peano axioms as they are in the article would be fine. It would be preferable if the book could be previewed at Google books, though, since that greatly facilitates verification of sources. What do you use for textbooks? --50.53.47.9 (talk) 21:01, 8 October 2014 (UTC)
- [Reply copied from User talk:50.53.47.9]
- You ask what textbooks I use to teach the Peano Axioms. Over the years I've used Bridge to Abstract Mathematics by Morash (which begins with 1), Naïve Set Theory by Halmos (which begins with 0), Logic for Mathematicians by Hamilton, which first begins with an arbitrary symbol a1 but then gives an example that begins with 0, and several more books, all of which have the same five axioms with the exception that some begin with 0, some with 1, and some with an arbitrary symbol. Rick Norwood (talk) 14:05, 9 October 2014 (UTC)
- [end of copy] --50.53.53.206 (talk) 16:56, 9 October 2014 (UTC)
- Thanks. I would propose adding all three as references, because they show the variety of ways that mathematicians start the Peano axioms. Is that OK with you? Unless you want to expand the Peano axioms section, I would put your annotations in the Notes. You can see an example of how I do this in Degree_of_a_polynomial#cite_note-6. Halmos and Hamilton are available as a Google preview, so I can give exact citations for them. Morash is only available as a snippet view. Could you provide a chapter or page number for Morash? --50.53.53.206 (talk) 17:39, 9 October 2014 (UTC)
- [Reply copied from User talk:50.53.53.206]
- It is ok with me if you add additional references. Rick Norwood (talk) 19:26, 9 October 2014 (UTC)
- [end of copy] --50.53.53.206 (talk) 19:46, 9 October 2014 (UTC)
- Halmos says "0 = ∅". (p. 46) Could you suggest a way to explain that in a note? (He appears to be describing a set-theoretical construction.) --50.53.53.206 (talk) 20:48, 9 October 2014 (UTC)
- Thanks. I would propose adding all three as references, because they show the variety of ways that mathematicians start the Peano axioms. Is that OK with you? Unless you want to expand the Peano axioms section, I would put your annotations in the Notes. You can see an example of how I do this in Degree_of_a_polynomial#cite_note-6. Halmos and Hamilton are available as a Google preview, so I can give exact citations for them. Morash is only available as a snippet view. Could you provide a chapter or page number for Morash? --50.53.53.206 (talk) 17:39, 9 October 2014 (UTC)
- Do you have Mendelson (1973)? He starts the natural numbers with 1 and
addsdefines 0 when he develops the integers in terms of certain equivalence classes of ordered pairs of natural numbers.(Chapters 2 and 3) On p. 54 he gives examples of alternative Peano systems. - --50.53.49.112 (talk) 06:59, 9 October 2014 (UTC)
- [Reply copied from User talk:50.53.49.112]
- Don't have Mendelson, but I think we have plenty of references already. Rick Norwood (talk) 14:54, 10 October 2014 (UTC)
- [end of copy]
- FYI, I found your reply only because I am checking your contribs occasionally.
- --50.53.57.116 (talk) 15:12, 10 October 2014 (UTC)
- Mendelson is available at the ETSU library. He is a superb writer, and "Number Systems and the Foundations of Analysis" is available in a Dover edition. --50.53.57.116 (talk) 16:08, 10 October 2014 (UTC)
- Kleene's "Introduction to metamathematics" is also available at the ETSU library.
- My IP address changes occasionally. That is common with ISPs. Anyway, please keep replying the way you have been. I appreciate your help suggesting references for Natural number#Peano axioms.
- --50.53.57.116 (talk) 16:46, 10 October 2014 (UTC)
- Any book (or books) that lists the Peano axioms as they are in the article would be fine. It would be preferable if the book could be previewed at Google books, though, since that greatly facilitates verification of sources. What do you use for textbooks? --50.53.47.9 (talk) 21:01, 8 October 2014 (UTC)
- Thanks for adding the link. That web page doesn't appear to be copy of WP, which is good, but it cites:
isomorphism of arithmetics
Would it be helpful if I provided a proof for this?
One approach would be to consider the prefix sets from applying the successor function, and take their cardinality into a known set and arithmetic. So given a set defined from an arbitrary start point and legal successor function, say {a, b, c..}, then no application of the successor is {a}, then one application is {a, b}, etc. then take the set of the cardinality of those sets and you get {1, 2, 3..} after that we have arithmetic on {1, 2, 3.. } which we already know about.Thomas Walker Lynch (talk) 22:51, 10 October 2014 (UTC)
would you mind if I took the stuff not related to 50.53s question on Halmos and moved it to the bottom of the section?
It looks to be done easily, it is all separate. The only coupling is 50.53's requests to answer his question.Thomas Walker Lynch (talk) 13:40, 13 October 2014 (UTC)
Hello! There is a DR/N request you may have interest in.
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Klinghofer ref
Thanks for finding one. However, rather than putting in "raw" links with no explanation as to their source, please "cover" them in future per example below (with spaces in "ref" so you can see it). Viva-Verdi (talk) 15:43, 18 October 2014 (UTC)
<r e f>Joel Rose, "Twenty Years Later, Klinghoffer Still Draws Protests, on www.npr.org, October 17, 2014</ r e f>
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Please use indentation on Talk:Natural number
In these two replies on Talk:Natural number you did not use indentation.(1, 2) That makes it very difficult to determine to whom you are replying and to indent further replies. There is information about how to use indentation on talk pages at WP:THREAD and WP:INDENT. See also the template {{outdent}}. --50.53.45.210 (talk) 18:08, 22 October 2014 (UTC)
Clarification needed in Greatest common divisor
Could you take a look at this sentence? --50.53.60.41 (talk) 16:41, 27 October 2014 (UTC)
- [Reply copied from 50.53.60.41
- I think D. Lazard has taken care of the problem. The polynomials are a commutative ring, but there are other commutative rings. Rick Norwood (talk) 17:42, 27 October 2014 (UTC)
- [end of copy]
- Thanks for looking. I figured one of you would know what to do. --50.53.60.41 (talk) 19:07, 27 October 2014 (UTC)
please remove block, I am not Allenwookie
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Accept reason: I have cleared the auto-block as you are not Allenwookie. PhilKnight (talk) 14:42, 6 November 2014 (UTC)
Number
You reverted my edit on number claiming it was too abstract. I'm not offended but I don't understand - I basically just re-ordered the paragraphs that I wrote a few days ago in order to make them flow better (I thought), and changed the definition to be a little more accurate. Can you explain what you felt was the problem? --Sammy1339 (talk) 02:03, 5 November 2014 (UTC)
Try to comment at https://en.wikipedia.org/wiki/Wikipedia:Redirects_for_discussion/Log/2014_November_4#Refocusing_the_issue if you get a chance. Tkuvho (talk) 12:46, 17 November 2014 (UTC)
Natural numbers, poorly written additions reverted
Hi, you rather brusquely reverted my small additions to this article with the killing argument of them being poorly written. OK, be it. May I humbly ask, anyhow, if you found that they contained some misinformation, and if not, if you would still oppose to adding this information in a more perfectly written style? Sorry, for being curious and bothering you. BTW, your revert also reverted the correction of a typo in line 151. Purgy (talk) 16:33, 15 December 2014 (UTC)
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Still waiting...
For your promised expansion of [7]. Looking forward to it. Thanks! --Piotr Konieczny aka Prokonsul Piotrus| reply here 02:57, 7 April 2015 (UTC)
You might consider making the article about the short story, with details on the author included as a section of it. TFD (talk) 17:18, 7 April 2015 (UTC)
Modesty Blaise - Comics Revue
I note that, while the earlier stories in CR are listed by issue number, you have added the re-runs by date - e.g. The Aristo as Oct/Dec 2014, rather than 341-344. Any reason for this ? RGCorris (talk) 14:39, 11 May 2015 (UTC)
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Hello. I think that I agree with your edit summary in Human overpopulation undoing my change of the term "population explosion", but on the article TP I have added a section explaining why I think the term is pejorative astroturf/spam/marketing for an author. Any help you can provide in finding other terms there would be great-thanks. TeeVeeed (talk) 12:59, 14 September 2017 (UTC)
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Help
Hi Rick. Would you mind taking a look at Proportionality (mathematics). I think that I have been very tolerant of this new editor but I am getting the feeling that he is a bit unreasonable and will be heading down the path of an edit war. I will make one last revert, but I would like to stop at that. Thanks. --Bill Cherowitzo (talk) 16:32, 8 June 2018 (UTC)
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It's not the Washington Post
It's the Washington Times, a fringe publication owned by the Moonies. Guy (Help!) 15:30, 30 September 2018 (UTC)
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I have moved it to my userspace here. We can work on it so that it will meet the notability requirements, and then eventually move it back into mainspace if we can get to where I think it will work. You're welcome to work on it there, too. ···日本穣 · 投稿 · Talk to Nihonjoe · Join WP Japan! 19:53, 12 April 2019 (UTC)
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