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Musicmystery -> RE: The myth of endless economic growth (3/25/2012 7:19:23 AM)
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This? I don't think you quite get what this thread is about.
Oh, I do. It's about whining that the evil in the world is so great that there's nothing to do but complain.
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And all business is both speculative and gambling, if the economic term you based your calculations on change in the middle of the investment, it alters the basis of that speculation, that what other speculators do.
That's quite a generalization. All investment holds risks, yes. All everything holds risks. But you're playing pretty loose with the terms gambling and speculating. Taking a stab at corn futures is speculating. You're guessing. Going to the casino is gambling. Looking that fundamentals of a business and investing, your own or others, is hardly the same. We calculate risks continually. Driving to work is a risk, but hardly a gamble.
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You're saying that all those Enron Employees should quit complaining because Enron's management altered the terms they based their decision to buy Enron stock on?
Sounds to me like you're blaming the victim, I think you've got the disease, not the cure.
Wow. What a maroon. Just where did I say that, farty? Enron's actions were criminal; Enron's employees didn't have a choice of investment. We aren't talking apples and oranges here. They also had all their investment in one stock, hardly ever a good idea.
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You are back at clinging to a model that you admit isn't working anymore.
You mean making things people need and selling those to them is an outdated model? It always works, but it's always a gamble, it's called risk - there is no model that doesn't involve risk, if you aren't taking any risk, somebody else is taking it for you.
Again, you're making shit up, and you're clinging to a short term model. In fact, I said exactly the opposite, didn't I, that meeting those needs will also fuel economic growth. However, clinging to the one particular way you do things as needs and conditions continually evolve is, indeed, going to become outdated. You could, instead, pay attention and grow, adjust, change as the needs and conditions do. That's what successful businesses do.
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I thought you were kinda smart, but it appears you swallowed all that "New Economy" bullshit. I suspect it will keep working - for a while, but flat out, it's unsustainable, anything to the contrary is pure fantasy.
I have no idea what you're talking about -- "New Economy"?
Again, people will always have needs, and meeting those needs will also provide economic opportunities.
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Lol, again, you appear to have no alternatives other than what? Stock market speculation? The stock market is not capitalism, in fact it's outlived any usefulness it ever had and exists only as parasitic overhead on the real economy, it's only hastening our demise.
Wow, are you full of shit. No, I'm answering the sandstorm from the peanut gallery that wants to make something simple into futures speculation, and I was answering other posters.
I've already told you my solution several times. Address people's needs. That's economic growth. That's how to get a job. That's how to start a business. That's how to earn extra cash. That's now to invest. What, you want me to design a new business for you? Find you a new job? What?
I'm saying sitting around whining is probably not getting the kind of results you'd like to see. Maybe it's time to try something else.
Nor am I defending the wave of speculation contributing to the global food crisis or higher oil prices (which are going to rise anyway because of increased global demand), nor the misuse of financial markets, nor corporate greed, nor the other hosts of monetary evils. Nowhere--that's what you guys are reading into things, a knee-jerk reaction to the topic.
But you're over-reacting. You're taking some high profile instances and assuming that's the entire business and financial world. It's not. Not even close. New sustainable models are invented every day. Hell, my new home will require no heat at all--in the US NE! Absolutely, I'll be sharing that project with as many people as possible, probably a new book at that. That's a new model--no heating bills. How? Simply designing the house to absorb heat in the first place (with the help of a clever architect friend).
My part time business is exactly helping people to get on their feet, job wise, business wise, getting past the assumptions that are holding them in place. But first, stop doing what isn't working.
And attacking me all day isn't going to make you any more successful either, and isn't going to help anyone else.
Knock it off and open your eyes. There are multiple opportunities, once you stop convincing yourself it's all hopeless. Stop playing the victim. Argue for your limitations, and they'll be yours. If that's what you want.
I'm continually amazed that people feel happiness is too great a price to pay.
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