[FoRK] Capitalism, Contracts and Cronyism
sdw at lig.net
Tue Aug 26 23:01:56 PDT 2008
Jeff Bone wrote:
> On Aug 26, 2008, at 7:04 PM, Stephen D. Williams wrote:
>>> Let's note this for the record. Stephen prefers a Great Depression
>>> to the period of 2001-2009.
>> No, you completely missed my point. I think it is bizarre how
>> certain you are that there will be another Great Depression over the
>> relatively meager alarming comments and plans by Obama.
> Yes, that would be bizarre. Unfortunately for your point, it is NOT
> the "relatively meager alarming comments and plans by Obama" that
> cause me to think this. Give me some freaking credit, please. And
> remember what I do for a living, hmm?
Post on FoRK? Do you get a cut of the ad revenue?? :-) Does RK owe us
a party or something?
> Let's be specific. I believe we're facing a double-digit probability
> of a 10+ year Great Depression, commencing within the next two years.
> My p of X absent other considerations is about 15%. My p of X does
> not go down assuming McCain is president, but it more than doubles
> assuming Obama --- to a level of likelihood that *is* indeed alarming
> to me.
What kind of data sets do you test these theories on?
>> This is the enlightened, more subtle level past Objectivism.
> Two comments. (1) Strawman. Nobody's arguing objectivism here.
> (2) Rather airy-fairy statement. Sounds a bit Lion-like. ;-) Yes,
> I've read that book, in fact I think I recommended it. Take all these
> things with a grain of salt.
1) What's happened in the last 8 years is fairly well documented already
and not a strawman. That people are stuck in local minima is not much
in debate. The ideas from the book are based on real studies of real
people, so also not a strawman. Neither is comparing government to a
2) Airy-fairy because I used the world "enlightened"?? I can't use that
word in the generic sense without you interpreting it as new-agey
mystical puffery? You should know me better than that. Enlightened in
that sense is: "Objectivism is a good base, but it breaks down here, and
here, and here, and the reasonable solution is X, which may not seem
compatible in a shallow interpretation of the principles."
3) And yes, you recommended the book, Thank You, I Kindled it, and now
I'm reasoning from it's knowledge too, just like y... err, maybe not
quite like you. You've read a lot more in this area apparently,
although hopefully not too much Faux propaganda / stretching, so we're
trying to follow the logic you are using.
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