Lessig: We Are Squandering Away The Future 207
Illissius writes "Lawrence Lessig has a new article up on Wired, with the title Our Kids Are in Big Trouble. I suck at summarizing, so here's a choice quote: 'Gone is the sense of duty that made so compelling Kennedy's demand "ask what you can do for your country." We don't even ask what we, as a nation, can do for our kids. The rhetoric of self-interest so deeply pervades politics that an ideal as fundamental as building a better future has been lost.'"
Apparently (Score:2)
"Ask not what your country can do for you..."
Re:Apparently (Score:2)
Squandering, or ... (Score:3, Interesting)
Obviously, this is an op-ed piece. Not really news. Then again, this is the politics section of /., so I suppose it fits.
The more politically-aware of us have ideologies which we believe are larger than ourselves. They dictate things like taxes, spending, abortion, stem-cell research, etc. So I won't even pretend to agree with TFA on all points.
To me, the only universal point was to ensure that we think about the consequences if we do something, but, unlike the article, we need to think also about the consequences if we don't. We endanger ourselves to years of extremists terrorising us if we stay in Iraq. Something tells me that if we didn't go in to begin with, we'd be in a worse position after a generation or two of no consequences to committing terrorist acts.
Oh, and I always cringe when a political statement involves "think of the children" mentality. Of course we all care about our children. Too often, this cry is followed by an appeal to do things that otherwise really don't make sense, and are very, very shortsighted.
Step #1. Know fact from fantasy/opinion. (Score:5, Insightful)
But Iraq wasn't involved in any anti-US terrorist attacks. Wasn't that what the 9/11 commission wrote in their report?
Before you can assess the risks of any action (and taking no action is an action), you have to have the facts. Opinions and fantasies and nightmares don't count as facts.
Again. Step #1. Know fact from fantasy/opinion. (Score:3, Insightful)
If you don't know, then, by definition, you do not have the facts.
Without the facts, you will not be able to make a logical risk assessment.
If leaders had to wait until all the facts are available, we would never have any action.
Incorrect.
For one, those who oppose those leaders would simply conceal some facts,
Re:Step #1. Know fact from fantasy/opinion. (Score:3, Informative)
Re:Step #1. Know fact from fantasy/opinion. (Score:2)
one of the greatest, well it certainly has some competition
Vietnam
Korea
Bay of Pigs
Re:Step #1. Know fact from fantasy/opinion. (Score:2, Insightful)
Thing is, they didn't even do that. To this day, i don't know if the Bush administration started a war because Irak was harboring terrorists, WMD, or simply because Hussein is "evil", if not all of the above. I say this bec
Re:Squandering, or ... (Score:2)
Did you mean to imply that Iraq was our ONLY choice in fighting the war on terror? Couldn't we have invaded Saudi Arabia instead? Or Pakistan? Or Iran? What if we had gone another way, exiled all non-citizen moslems and stopped buying oil from the middle east while
Re:Squandering, or ... (Score:2)
Pick one. Regardless of which one you pick, there will have been many other options. Bush picked this one, rightly or wrongly. In an alternate universe, he picked Iran - and you are still complaining there were other choices.
You can only make one choice at a time - and the fact that there are other options merely is evidence that a choice was made, not that the wrong choice was made.
Libertarianism and the failure of selfishness (Score:5, Insightful)
I believe that there are larger and ultimately more beneficial (personally and socially) virtues than some dogmatic worship of greed and belief that the market, left to its own devices, is perfect and holy, not to be touched by the Satanic hands of government bureaucrats. We *are* sacrificing the ability of future generations to succeed, to live on a planet that is substanaible for human life, and are moving towards a nation where our elders live our their final years in poverty.
Re:Libertarianism and the failure of selfishness (Score:4, Insightful)
Your entire argument is flawed because you are beginning with a false premise. That is not the fundamental philosophy of libertarianism. If you ever have read Adam Smith and Voltaire (the two most important writers on any libertarian's bookshelf), you clearly did not understand tehm correctly, and need to study them further.
Re:Libertarianism and the failure of selfishness (Score:3, Insightful)
Re:Libertarianism and the failure of selfishness (Score:3, Insightful)
Grown adults can do whatever they want to themselves or other consenting adults and the government should be as minimal and non-invasive as possible. It's not that difficult and considering that's essentially the point of the entire constitutional and the federalist papers, I don't see how anyone can want anything different. Stop trying to push your agenda and just leave people alone.
Re:Libertarianism and the failure of selfishness (Score:2)
Is that sort of like defining Republicans as the actions of the party, rather than its members? Group names take on the meaning of its loudest members ... don't be so hard on people whose only interactions with your group has been reading about those vocal members. That's just human nature, not a failing of the other person.
Re:Libertarianism and the failure of selfishness (Score:3, Insightful)
But you ignore effects on 3rd parties... for example, suppose I sell coffee with styrofoam cups instead of more expensive recycled ones. My decision to do so has now gone beyond my pe
Re:Libertarianism and the failure of selfishness (Score:2)
BTW: what Ayn Rand proposed is called Objectivism [wikipedia.org].
Re:Libertarianism and the failure of selfishness (Score:2)
I believe that is Ayn Rand's philosophy as well. Someone else summed it up as "Your right to swing your fist ends at my nose." I think people object to Ayn Rand for other reasons - such as her "altruism is the root of all evil" notions. Many of her arguments for refuting communism were quite good (and she was an excellent writer), but I'm not sure I'd want to live in her ideal society.
I'd be intereste
Smith, Voltaire, and Libertairanism (Score:2)
Re:Smith, Voltaire, and Libertairanism (Score:3, Insightful)
I think they would disagree with the Libertarian notions of what constitutes "free markets", "freedom of religion", "property", "personal liberty", "voluntary behavior", and a "just society". For example, they would likely argue that the Libertarian approach to the economy would not lead to a free market and not increase prosperity. They would proba
Re:Smith, Voltaire, and Libertairanism (Score:2)
It is you who are using the names of two respected historical philosophers and social scientists to promote and advance your present-day political agenda. History is full of political parties and movements that have done just that: attempt to gain respectability by claiming to be the successors to some respected thinkers, and everybody should be suspicious of such claims. So, the onus is
Re:Smith, Voltaire, and Libertairanism (Score:4, Informative)
Re:Smith, Voltaire, and Libertairanism (Score:2)
This one can be refuted from Adam Smith's own writing- he wrote that a tyranny of the Merchant (and the lack of prosperity for everybody else) was the obvious conclusion to an unregulated market.
That freedom of religion and expression are required in a just society?
And Voltaire's Candid preached against freedom of religion and expression- claiming that they lead to irrational optimism.
So no- Voltaire and Smith did not support what you think they supported.
Re:Smith, Voltaire, and Libertairanism (Score:2)
Re:Libertarianism and the failure of selfishness (Score:4, Interesting)
Now, so far I've just been trying to clear up a misconception; I'm not saying a Libertarian government/society would necessarily avoid the pitfalls mentioned in TFA. We don't have a Libertarian government, nor has there been one recently; there's no way to know. However, it's certainly possible that one of the reasons for the current situation is that people are fundamentally greedy, and we currently have a system that doesn't account for it.
Re:Libertarianism and the failure of selfishness (Score:3, Insightful)
Actually, there has.
Prior to the hand-over to the Chinese government, the city of Hong Kong was managed (or more accurately, not managed) by Brittish appointees who left the people of Hong Kong largely to their own devices. Immigration policy was "if you get here, you can stay." Copyright protection was non-existant. There was no minimum wage, ultra-low taxes, no government-run welfare state, and almost no
Re:Libertarianism and the failure of selfishness (Score:3, Insightful)
In Hong Kong, people get free health care, almost-free education, etc. I can't think of more than 5 things which are not subsidized by the government there. You couldn't imagine how large and bloated the local government is. People in the states would not be able to imagine the things that go on. For example, some Hong Kong government agencies will provide free 3-course lunches daily. And some give em
Re:Libertarianism and the failure of selfishness (Score:2)
Communism (socialism ?) is designed from the start to support all regardless of the scenario. It is designed for the worst case scenario, it takes care of the poor, of the underprivledged, and the needy. Libertarianism turns a blind eye and assumes these thi
Re:Libertarianism and the failure of selfishness (Score:2)
I've also been toying with the alternate idea of making life and the resources necessary to main
Re:Libertarianism and the failure of selfishness (Score:2)
Don't get me wrong I am all for gun rights, abortion right, drug legalisation, and tons of other libertarian issues. Where I differ is in the belief that as wealth and technology increases we can use it to increase what we consider the basic stan
Re:Libertarianism and the failure of selfishness (Score:2)
I can't think of any reason why not. It sounds like a good idea to me. Just don't force me to do it, ok?
There is a huge difference between someone choosing to do something with his property, and someone else taking it from him and doing it.
Re:Libertarianism and the failure of selfishness (Score:2)
It is not his property, society provided him with it, he only borrows it, now society is choosing anther course of action. Perhaps his expectations are wrong.
Re:Libertarianism and the failure of selfishness (Score:2)
I am at the moment reading Two Treatises Of Government [gutenberg.net], by John Locke. He discusses the nature of property. Society did not provide my labor, I did. Society did not provide the raw materials. God (or nature) did. These are the two components of property. Society did not provide either.
Society is just a collection of people who interact with each other. The property of the society is noth
Re:Libertarianism and the failure of selfishness (Score:2)
I have had that same idea. Give *everyone* welfare (or Income Support or whatever it's called in your country). I think that would do a lot of good. There is much bad feeling from those who feel they unfairly support the jobless. There is a whole bunch of govt. workers assigned to monitoring the jobless for qualification for benefits, a bunch of people who spend their days chasing fraud (though it wouldn't be eliminated).
To get *any* help here one has to prove that one is "actively seeking work" such that
Re:Libertarianism and the failure of selfishness (Score:2)
Communism (socialism ?) is designed from the start to support all regardless of the scenario. It is designed for the worst case scenario, it takes care of the poor, of the underprivledged, and the needy. Libertarianism turns a blind eye and assumes these things will disappear.
Actually, Marxism also tends to assume the best of people. Marxist theory state
Re:Libertarianism and the failure of selfishness (Score:2)
I was contraasting the previous posters implied view of libertarianism, with the reality. And I am basing my view of it on the little of Ayn Rand I could stomach, the few times I've chatted with "libertarians" and the libertarians party platform from this year.
Re:Libertarianism and the failure of selfishness (Score:4, Insightful)
"We should eliminate the entire social welfare system."
Which is pretty much exactly what I said. Libertarians expect people who have spent hundreds of years not giving a fuck about each other to pick up the slack.
Re:Libertarianism and the failure of selfishness (Score:2)
"We should eliminate the entire social welfare system."
What I want to know is how do we get to that great state of promised future e
Re:Libertarianism and the failure of selfishness (Score:2)
People used to talk about the redistribution of wealth.
Technology *has* brought millions of man hours of leisure time.
Sadly it is not evenly distributed and instead those with valuable skills work harder and those with less valuable skills find themselves looking for something to do.
We could work toward a 4 day week / 3 day weekend and redistribute both time *and* money, how popular would *that* make a candidate
Re:Libertarianism and the failure of selfishness (Score:2)
what about people that don't want to rely on a church? Do I have to now believe someones mythology to eat? What happens when the breadwinner is the one who loses his job? Why not just use the overwelming weealth of society to help every one? those who have the money to pay benifit from the workfor
Re:Libertarianism and the failure of selfishness (Score:2)
The wealth of society is the sum of the wealth of the individuals, period. Adding to that the inefficiencies of scale due to corruption, bureaucracy, inertia and other factors, means that the society is less rich than the sum of it's parts, not more. Having that agent in a transaction might make sense(at least from the point of view of impartiality) but society isn't richer than the rest of us, it's just m
Re:Libertarianism and the failure of selfishness (Score:2)
I'm not religious, btw.
Instead, thousands of my tax dollars get absorbed by the federal and state government, and lord knows how that gets used. Even if I would only spend a fraction of this on charity, certainly that is more than what the g
Re:Libertarianism and the failure of selfishness (Score:2)
All I am saying is this is clearly a fundamental philosophical difference. AndI allowed for that in my original post, basically you can't compare the preparedness of Communism and Libertarianism if they both have different definitions for "preparedness" and different ideas of the "best" and "worst" case. Doesn't mean you can't compare them, its just silly to say one is realistic and one is idealism when your using different "scales"
Re:Libertarianism and the failure of selfishness (Score:2)
the money isn't yours, it belongs to the govt.
Re:Libertarianism and the failure of selfishness (Score:2)
Does this mean that, I, by extension, belong to the government?
who can put you in jail ?
who can draft you into the army ?
who can deny you a passport and the ability to leave the country ?
if two doctors agree, it's off to the mental hospital with you
what does ownership mean ?
Re:Libertarianism and the failure of selfishness (Score:2)
Designing for the worst case often is a really bad way of designing a system: you expend a lot of resources in order to protect against a case that may never arise. That is, you might end up condemning an entire nation to live in abject poverty just in order to guard against some theoretical risk or danger.
that one of the reasons for the current situation is that people are fundamentally greedy, and we currently have a system that doesn't
Re:Libertarianism and the failure of selfishness (Score:2)
Either you're confused, or I'm misunderstanding what you're trying to say. Libertarianism doesn't specify that all people shall be greedy capitalist pigs; it merely accounts for the possibility that
Re:Libertarianism and the failure of selfishness (Score:2)
Modern Liberalism has included many of the ideas of Mises and Hayek as they have been useful. I think the current thinking in national economies in the modern world is very much along the lines of Haye
Re:Libertarianism and the failure of selfishness (Score:2)
Libertarianism is Liberalism with a vital organ removed. According to Locke's liberalism, each person should be allowed to take only what they need - unlimited build-up of wealth in a single individual was seen as unjustifiable. Libertarianism removes this principle, and the result has nothing to do with Liberalism.
One thing that liberalism agrees with Marxism on - it is that concentration of wealth in the few is the ultimate social evil.
Re:Libertarianism and the failure of selfishness (Score:2)
Re:Libertarianism and the failure of selfishness (Score:2)
Re:Libertarianism and the failure of selfishness (Score:2)
That's not the fundamental philosophy at all. Not even close. Do not mistake objectivism with libertarianism, no matter what the objectivists say.
The fundamental philosophy of libertarianism is liberty, hence the name. Liberty means the lack of coercion, or the initiation of force. In other words, you may not interfer with the actions of another without permission, except for self defense.
The only reason greed enters the picture
Re:Libertarianism and the failure of selfishness (Score:2)
Then you apparently know nothing of libertarianism. The most fundimental premise of libertarianism is the NAP (Non-Aggression Principle). The NAP is the premise that no individual may justly initiate force against another individual.
Re:Libertarianism and the failure of selfishness (Score:2)
Sorry, but that is not something that belongs to libertarianism. The Non-Aggression Principle is a part of social contract theory, and social contract theory has been used to justify most political philosophies, including absolute positivism and extreme totalitarian regimes. In fact at risk of inviting Mike Godwin to the table, absolute positivism was the dominant legal philosophy in Germany between around 1890 and 1945.
Attila the Hun wants equal time (Score:3, Funny)
It almost made me run out and protest Nixon and his damned Viet Nam war.
Re:Attila the Hun wants equal time (Score:2)
Pete Peterson, former Federal Reserve Banker of New York, says exactly the same things in his new book: Running on Empty.
The fact is that the current administration with its record budget deficits is doing farm more harm to the long term economy than good for the short-term. Deficits are merely tax increases in the guise of loans. As anyone who has any understanding of credit can tell you, running up debt on your credit card reduces your future income to t
Progressive Income Tax (Score:3, Interesting)
It may always have been like this. I don't believe in "golden age" histories; the past was not always better than the present. But somehow it seems that we have lost an ethic. When your grandfather spoke of building a better world for you than he knew himself, you believed him. And when you look into the eyes of any 1-year-old child, you may understand what he meant.
The reason we believed our grandfathers is because our parents had a better world than they did- but our parents did not return the favor, as the 7 generations of Americans before them did- and thus we've got the mess we have today.
Re:Progressive Income Tax (Score:2)
Umm there was no federal income tax until the last century. So if by forfathers you mean the past 90 years then yes they paid a higher rate but government became too addicted to spending where it should not and thus rates for the lower and middle class raised. But the nation ran just fine for more than 100 years w/out a federal income tax..
Re:Progressive Income Tax (Score:3, Interesting)
My grandparents (note the quote from the article) were alive and economically active in the 1950s- and are no longer. As for the hundred years previous- sure it ran j
Re:Progressive Income Tax (Score:2)
And do you think this boom had more to do with the tax structure? or the fact the rest of the worlds manufacturing capacity was devistated in ww2 while ours grew at an astounding rate?
The manufacturing (and not IT) base leaving has nothing to do with tax structure it has to do with lower prices and increasing capacity overseas.
Re:Progressive Income Tax (Score:5, Insightful)
Ours grew at an astounding rate because the government had the money to invest in buying up the output- which we gave away free to the countries we were trying to rebuild. We wouldn't have had the money to do that if it wasn't for the top tax rate- and the opportunity to get middle class jobs wouldn't have been there without our government doing the buying. Europe and Japan were devistated- but they were devistated economically as well (and what is this about the whole world? Southern Africa, Australia, and South America were barely touched- and thier industrial systems were quite robust- yet they didn't see the expansion we did).
The manufacturing (and not IT) base leaving has nothing to do with tax structure it has to do with lower prices and increasing capacity overseas.
Yes and no- the base leaving has to do with lower prices and increasing capacity overseas. But if our federal government had the extra money to invest into R&D by going back to the tax structure of the 1950s, we'd also have a slew of new technologies to move our workforce into. As the old saying goes: They copied everything they could, but they couldn't copy my mind- so I left them plotting and schemeing, a year and a half behind.
The real problem isn't that these jobs are going overseas; they were bound to eventually. The real problem is that our government is now the slave to short term business interests, instead of being the driver of long term research and development of the type that built the Internet.
Re:Progressive Income Tax (Score:2)
No it grew because during the war we were the only party whos factories went unbombed. As inductrial sites in England were destroyed we built to meet their capacity. After the war no nation had our capacity and that had everything to do with geography. Japan started doning major damage to the US auto industry long before the regan taxcut
Re:Progressive Income Tax (Score:2)
And how did Japan and England and Germany afford that rebuilding? As I remember, it was entirely with GRANTS from the US Government- that is, the 95% tax money.
And w
Re:Progressive Income Tax (Score:2)
What did them rebounding have to do with Americas prosperity during that time period?
Re:Progressive Income Tax (Score:2)
Without money from OUR taxes, they wouldn't have been able to rebuild at all (well, they would have, it just would have taken them a lot longer). Money from our taxes went to orders to our factories, for material needed for rebuilding and survival needs while they were rebuilding. Those orders to our factories created jobs- which created the middle class. As the middle class got more affluent, they ordered stuff of the
Re:Progressive Income Tax (Score:3, Insightful)
Re:Progressive Income Tax (Score:2)
Because during that 20 years Europe and Japan had nearly no manufacturing capacity. They had to rebuild from the ground up.
Re:Progressive Income Tax (Score:2)
They also had no economy- and it was that 95% tax rate that paid for the rebuilding of Europe and Japan. Without that 95% tax rate, it would have been 100 years before Europe and Japan would have begun importing from the United States. They were utterly destroyed- the money printed by their former governments was worthless paper while the people were starving.
Re:Progressive Income Tax (Score:2)
The poor in my home town during my youth lived in barrios. It seems to me that all the ships are rising together. Destitution has all b
Re:Progressive Income Tax (Score:2)
Trickle down in the 80s- ooops, Black Tuesday in 1987 (an even bigger percentage drop in the market than in 1929!) and a nice big recession that lasted throughout Bush's presidency.
Yup, thats workin well there.
Re:Progressive Income Tax (Score:2)
And your children won't be able to retire at all- because Social Security will no longer be available (heck- I've already recieved my
Re:Progressive Income Tax (Score:2)
You could- but overall you'd be wrong (where individual family annecdotes may vary, at the end of that 15 years, most families had a color TV and two cars in the garage).
My parents were middle-class in the 60s, and I thank God that I don't have to live the way they did back then.
And yet, your children and grandchildren ARE living th
Re:Progressive Income Tax (Score:2)
Care to tell the hundreds of thousands of homeless that? If a person earning less than $18,000/year (the federal poverty rate) can afford those items, you can bet they weren't gotten legally or new.
So today's poor == the middle class at the end of the "Golden Years."
Not by a long shot- the middle class at the end of the golden years could afford those things ne
Re:Progressive Income Tax (Score:3, Insightful)
Telling me you are giving me a tax cut in this situation is nothing more than a distraction from the real issue of jobs not paying what they used to and the cost of living increasing just like always.
And to be quite frank, it is my opinion that NONE of us should be getting tax cuts at all while we are at WAR.
I believe that those that can afford it should be willing
How do you go from: (Score:3, Interesting)
Kennedy was talking about sacrifice in that speech. Sacrifice, it seems, few Americans can stomach. more than 8k per kid is not enough for school? what people might have to save for retirement? what unemployemnt only lasted a year? bulderdash! we need free health care, double the spending on education, unlimited terms on welfare, and G*d help us if we dont start giving money away on $cause, after all its for the children.
Re:How do you go from: (Score:2)
If we could afford all that as a society, then why not?
Re:How do you go from: (Score:2)
1) When the government gets its hands into something the states (and thus the people) lose a freedom. Do you know why the drinking age is 21 and not 18 in every state? Its because the federal Government threatened to withdraw highway funds if the state left it at 18. The 10th was put into place so that the government would not become what it has become. The fed has way too much influence on education at a state level, too much on drug policy, and too much on healthcare and its all because we
Re:How do you go from: (Score:2)
Democrat and Republican spending patterns (Score:5, Informative)
Government data shows Democrat and Republican spending patterns. [hevanet.com]
Re:Democrat and Republican spending patterns (Score:2)
As if government policy had more than a small effect on the economy. Consumers and their changing demands in the world are what ultimately drives an economy, not policy. Any economics professor will tell you the same. The government makes changes (such as interest rate hikes or reductions) based on where the economy is already going. Policy is more often reactionary than not.
I think it's more interesting that no matter who is at the helm.. Democrat or Republican, we have still run a deficit every year
Republicans borrowed, a Democrat paid it back. (Score:3, Insightful)
Reagan and the Bushes borrowed money while they were president. Clinton paid it back. It's that simple.
Table of U.S. Parties and Economics [bovik.org]
Re:Democrat and Republican spending patterns (Score:3, Interesting)
Don't think of it as building debt... think of it as a bailout for Citibank, Bank of America, and all those poor, suffering megabanks who would have lost their taxpayer-funded handouts if the Clinton-era trend had continued.
Not to mention the whole "starve the beast" strategy -- make debt service so expensive that those silly social programs will simply die from lack
look to history (Score:2)
A New Worldview (Score:2, Interesting)
While not everyone is motivated by faith to work on these issues, most people share the common values that drive it. This past weekend, we got 4,000 people together to talk to our state and federal legislators about what matters to us.
Underneath all of this is an effort to c
Re:A New Worldview (Score:2)
You should be telling those officials to back off and allow you to take care of your own community - which you could afford to do if you weren't sending at least 1/3 of what you make to Washington and more to Minneapolis. The sheer amount of taxes that everyone pays makes for a good excuse to avoid donating to the church
Re:A New Worldview (Score:2)
Or that would never happen?
Sorry. Yeah, it would.
Re:A New Worldview (Score:2)
My ineloquent point is that we've become so conditioned to believe that we can't do anything without government help that even those faith-based groups (that should be out doing stuf
Re:A New Worldview (Score:2)
I accept that - except that you (in north-central Minneasota) are not in my (northern Iowa) community. Your goals and issues are different than mine - you are working on public transportation and I'd like to see more rural business development. Working together within a county or group of countie
To quote another president... (Score:2, Interesting)
Cultural and social issues.. (Score:5, Insightful)
The further problem, at least in America, has to do with the whole idea of patriotism, and what it means to be a patriot. Conservative types have had a LOT of success of changing the definition of patriotism to a very childish one, where you love your country for what it is. The problem with that, is that it makes change virtually impossible. Because you want America to change? You must hate it!
That's the big problem.
Fortunately, there's a growing number of patriots who are actually getting active in making change, with a more mature love of their country (We love it, so lets make it even better!). Maybe it's too late. Maybe we've let too much ground slip to the single-issue interest groups..let them do all the work..ignore the larger cultural issues.
The second part of it, is the idea that younger people are stupid and inexperienced, so therefore #1. Shouldn't vote and #2. Older people know what's good for them, so they should just shut up. You're seeing this is the media word war between Penn and Stone/Parker. The thing is...it doesn't really matter WHO young people vote for. But the idea is, by getting younger people out en masse to vote..period..it gets more of their issues out. It no longer becomes a government by the baby boomers and for the baby boomers. It has to become something more...substantive and long-reaching.
The third part, in my mind, is the economic problems of an economy based on fraud. The current investor economy for the overwhelming most part, is based upon a big ponzi scheme, where the actual invested in companies are paying very little back to the investors, and the money that's actually being made is coming from OTHER investors. The problem with that, is that it basically kills the insurance industry as their business model is made up in a large part in investments, forcing them to raise prices to keep with the..well..immature investor expectation of forever rising profits as far as the eye can see....
It's a system that's built for instability. And that needs to be fixed.
List of significant challenges for kids (Score:5, Interesting)
Re:List of significant challenges for kids (Score:3, Insightful)
At least one more large-scale nuclear "meltdown" (my suspicion, given current trends)
What trends would those be? The only meltdown we've had was a reactor that was (a) a horribly unsafe design, (b) operated by people with egregiously inadequate training, (c) operating with what poor safety features it had turned off and (d) intentionally placed in a dangerous state for a 'test'.
Now, that's the starting point, so what are the trends? From what I can see, the trends are: Unsafe reactor designs are bei
Simpsons Quote (Score:2)
money (Score:3)
we've increasingly seen this in corporations and government. if i can make $20 million screwing people over, and eventually get caught and thrown out on my ass (whether i be a CEO or gov't official) what do i care what they think about me?
in the past there was usually was never enough potential monetary benefit that the corrupt individual could simply dissapear for the rest of their lives.
on another issue i make this prediction: the social security issue in the US will not be solved. politics is such a short-term game, there's no incentive to save money down the road when the money could be used for something with a more dramatic short-term gain. one president might manage to make some progress and then the next president could jump right in and waste that money.
He missed a good metaphor ... (Score:2)
But then, how many Americans (or Europeans) these days could explain this sentence?
"Huh? Whuddayamean? All corn has seeds."
A Canadian Perspective (Score:4, Interesting)
I was watching SpikeTV yesterday & saw that they were having a contest for men: go to the doctor, get a checkup, and try to win a trip to Carnival. Apparently some people haven't seen a doctor in 10 years! I'm not well off by any stretch of the imagination (student, young family), but I also happen to be sick quite a lot and see a doctor once every month or so. I cringe at the thought of paying $100 per visit to the doctor (this is how much my folks in the US pay - middle class, no health coverage).
I know that /. is US-centric, so forgive me for pointing out flaws in the US, but without free health care I don't know what I would do. From the perspective of an outsider, Lessig is absolutely right. I'm glad that my kids, when they're starting out on their own too, won't have to sacrifice their health because of the health care system in Canada (if the current system holds) - then again, the way that we're screwing up the air right now, they're probably going to need it.
Re:A Canadian Perspective (Score:2)
I totally disagr
We aren't, the Government is. (Score:2)
We carry such a ridiculous load that that real squandering of our future happens at the Government level. They already take in enough money to do everything we want and more. The key is removing NON-ESSENTIAL functions from the government. The key is removing the ability to attach RIDERS to any appropriation bill. All appropiration bills should be single purpose.
To hell with YOUR kids (Score:2)
Re:To hell with YOUR kids (Score:2)