LWDT V: Completing the Five Thread Plan

[The Liberated Territories]

Eventually, everything does. Hence why the poorest people can have chairs with back supports these days, as opposed to the 1500s when that was a luxury for the rich.

oh yeah, the poor just have to wait for a couple hundred years

See my edited post

[Great Minarchistan]

Eventually, everything does. Hence why the poorest people can have chairs with back supports these days, as opposed to the 1500s when that was a luxury for the rich.

oh yeah, the poor just have to wait for a couple hundred years

85% decrease in poverty since 1820 with half of that happening over the last few decades due to the exponential nature of capital accumulation doesn't sounds bad to me tbh.

[New Emeline]

Quite a lot, apparently.

Why do eight people own more than the poorest 50% of the planet?

because they "earned it"

[Great Minarchistan]

Quite a lot, apparently.

Why do eight people own more than the poorest 50% of the planet?

"Why do smart people exist"

[Kvatchdom]

Why do eight people own more than the poorest 50% of the planet?

because they "earned it"

A CEO of a company did not work billions of times harder than a sweathshop worker with 14h workdays. This is not a merit based system.

[Kvatchdom]

Why do eight people own more than the poorest 50% of the planet?

"Why do smart people exist"

They are, again, not billions of times smarter than people in poor countries either. That is impossible.

[New Emeline]

Why do eight people own more than the poorest 50% of the planet?

"Why do smart people exist"

tfw nobody smart has ever been denied access to education because of circumstances of birth

[New Emeline]

because they "earned it"

A CEO of a company did not work billions of times harder than a sweathshop worker with 14h workdays. This is not a merit based system.

hence the quotation marks

[Great Minarchistan]

because they "earned it"

A CEO of a company did not work billions of times harder than a sweathshop worker with 14h workdays. This is not a merit based system.

CEOs typically work 100-140 hour shifts while a normal worker rarely goes beyond the 50 weekly hours.

[Great Minarchistan]

"Why do smart people exist"

tfw nobody smart has ever been denied access to education because of circumstances of birth

You cannot change your IQ after birth for more than 10 points, regardless of education or not.

[Kvatchdom]

A CEO of a company did not work billions of times harder than a sweathshop worker with 14h workdays. This is not a merit based system.

CEOs typically work 100-140 hour shifts while a normal worker rarely goes beyond the 50 weekly hours.

We're talking the poorest developing countries where they do not have the privilege of unions or workhour limits. They likely work many times more and harder than any CEO. Workers in the west are under a boot, but at least we're still somewhat unionised meanwhile Coka Cola sends death squads to murder union leaders in SA.

[New Emeline]

tfw nobody smart has ever been denied access to education because of circumstances of birth

You cannot change your IQ after birth for more than 10 points, regardless of education or not.

that's not what i mean
let's say a genius is born, but because they are born in an extremely poor country with little infrastructure they never get the chance to go to school or open a business or invent anything. it's not because they aren't smart, it's because the system is broken.

[Great Minarchistan]

We're talking the poorest developing countries where they do not have the privilege of unions or workhour limits.

Most of the fucked up developing countries have an excessively interventionist government. South America is a notable example, and so is Africa with their leaders actively seizing private property from people they don't like or that disagree with their populist policies.

They likely work many times more and harder than any CEO.

100, 120 hours at most. Just as much as a CEO.

Workers in the west are under a boot, but at least we're still somewhat unionised

Most of worktime reduction happened to be not tightly related to unions, and unionization impact on wages are merely short-lived, proven by data tracking over the last 70+ years in the US and UK.

[New Emeline]

CEOs typically work 100-140 hour shifts while a normal worker rarely goes beyond the 50 weekly hours.

We're talking the poorest developing countries where they do not have the privilege of unions or workhour limits. They likely work many times more and harder than any CEO. Workers in the west are under a boot, but at least we're still somewhat unionised meanwhile Coka Cola sends death squads to murder union leaders in SA.

And Chiquita

[Great Minarchistan]

that's not what i mean
let's say a genius is born, but because they are born in an extremely poor country with little infrastructure they never get the chance to go to school or open a business or invent anything.

Bezos was born on a teenage family, his mom wasn't even 20. Intelligent people know how to get their way through, regardless of initial conditions.

[New Emeline]

that's not what i mean
let's say a genius is born, but because they are born in an extremely poor country with little infrastructure they never get the chance to go to school or open a business or invent anything.

Bezos was born on a teenage family, his mom wasn't even 20. Intelligent people know how to get their way through, regardless of initial conditions.

Bezos was not born from a teenage mother in the DRC with seven siblings to support

[Kvatchdom]

We're talking the poorest developing countries where they do not have the privilege of unions or workhour limits.

Most of the fucked up developing countries have an excessively interventionist government. South America is a notable example, and so is Africa with their leaders actively seizing private property from people they don't like or that disagree with their populist policies.

They likely work many times more and harder than any CEO.

100, 120 hours at most. Just as much as a CEO.

Workers in the west are under a boot, but at least we're still somewhat unionised

Most of worktime reduction happened to be not tightly related to unions, and unionization impact on wages are merely short-lived, proven by data tracking over the last 70+ years in the US and UK.

Yes, and they for some reason only allow foreign companies quite often to handle their resources, and push back against local markets, because they are owned by foreign companies.

CEOs do not work 120 hours a week.

In most countries worktime reduction and regulations are directly tied to Union action and strikes, and Unions are the only reason we don't need a minimum wage in Finland.

[Kvatchdom]

that's not what i mean
let's say a genius is born, but because they are born in an extremely poor country with little infrastructure they never get the chance to go to school or open a business or invent anything.

Bezos was born on a teenage family, his mom wasn't even 20. Intelligent people know how to get their way through, regardless of initial conditions.

Ah yes, the man who's workers shit their pants out of fear of taking toilet breaks.

[Great Minarchistan]

Bezos was born on a teenage family, his mom wasn't even 20. Intelligent people know how to get their way through, regardless of initial conditions.

Bezos was not born from a teenage mother in the DRC with seven siblings to support

Wait this guy to turn 18 y.o. and risk his way through the world

[New Emeline]

Bezos was not born from a teenage mother in the DRC with seven siblings to support

Wait this guy to turn 18 y.o. and risk his way through the world

?

[Great Minarchistan]

Yes, and they for some reason only allow foreign companies quite often to handle their resources, and push back against local markets, because they are owned by foreign companies.

Interesting given that developing countries often pursue the dirigist strategy that consists of massive nationalization of "strategical" resources.

CEOs do not work 120 hours a week.

http://www.businessinsider.com/top-ceo-schedules-2013-4
https://www.quora.com/What-are-the-aver ... s-of-a-CEO
http://time.com/4076563/ceos-productivity/

In most countries worktime reduction and regulations are directly tied to Union action and strikes, and Unions are the only reason we don't need a minimum wage in Finland.

Good for you, minimum wage is hell anyways (especially on federal level).

[Great Minarchistan]

Wait this guy to turn 18 y.o. and risk his way through the world

?

i.e. He'll be no longer entitled -- at least legally -- to waste his time carrying on with a failed family.

[New Emeline]

?

i.e. He'll be no longer entitled -- at least legally -- to waste his time carrying on with a failed family.

Still doesn't mean hypothetical person can succeed.
It doesn't matter how smart or innovative you are if you die of starvation, or fall victim to human trafficking, or die of an easily preventable disease, or become pregnant at fourteen, or aren't even born in the first place because your mother miscarries because of lack of healthcare.

[Great Minarchistan]

Still doesn't mean hypothetical person can succeed.

When you're a brilliant individual (IQ typically above 130), you're likely to succeed in most fields.

It doesn't matter how smart or innovative you are if you die of starvation

Yeah, hopefully more and more people are being spared of such fate by the second.

or fall victim to human trafficking, or die of an easily preventable disease, or become pregnant at fourteen, or aren't even born in the first place because your mother miscarries because of lack of healthcare.

Those unfortunate mortality events are decreasing either.

[Jelmatt]

Because it leads to 1. Concentration of political power and 2. Eventually impoverishes everyone else.

Isn't social mobility the thing that matters though? Also, concentration of political power under a small government that does little meddling on the society doesn't seem to be harmful at all (implying this would happen anyways, since bigger government is where politicians get to milk votes from).

Government is not the only entity that can wield power.