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Forums - Politics Discussion - Trump Paris Meta-Decision

 

Should Trump stay or not?

Yes, stay 119 50.42%
 
No, don't stay 102 43.22%
 
Not sure 15 6.36%
 
Total:236
robzo100 said:
palou said:

Globalism can also mean a more open market.

 

I would personally support a completely open international labour market. Economic theory would state that a single market is inevitably more productive than the sum its parts (supposing no other regulation is involved).

It can mean alot of things depending on the context, but within the steady stream of back-and-forths it meant global-unified regulations/legislation.

 

Anyways, An international labor market means throwing out the minimum wage, or having classes of wages(I support this), which the US-democrats would scream about - and yet they are the biggest supporters of illegal immigrants that end up taking dirt jobs below the minimum wage. In other words, we already acknowledge back-handedly that some markets work well below the minimum wage.

One of the biggest challenges we face towards modernizing the world - meaning propping up failing economies of the Middle East and Africa, will be to let them participate in this global labor market. They can't do it at 7-9 bucks an hour because their skills (malnourished/physically weak, uneducated, etc.) aren't worth 7-9 bucks. But right now a lot of them get close to zero or end up participating in the black markets and/or criminal behavior which further erodes those economies and their potential. But if we got rid of globabl minimum wage barriers than yes 2-3 dollars/per-hour could become feasible.

Planet Earth can not make siginificant progress while huge patches of the planet don't participate....BUT, this is definitely starting to exceed the limits of this forum thread.

I personally would not mind removing the minimum wage, eventually. Germany only recently started reintroducing the minimum wage, and it's still absent in many a context.

 

In the West, this would, of course, strongly lower the wages of the lower classes (while simultaneously making them higher in the rest of the world). However, this would most definitely also augment efficency, and lower prices very significantly. The West could probably still distinguish itself through education, however.

 

I'd love to see the result of the pairing (open labour market, no minimum wages, LOW (ca. 1000$/year) universial income and uniform safety/environnemental regulation applied internationaly). However, it is also, without a doubt, an extremely risky move.



Bet with PeH: 

I win if Arms sells over 700 000 units worldwide by the end of 2017.

Bet with WagnerPaiva:

 

I win if Emmanuel Macron wins the french presidential election May 7th 2017.

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robzo100 said:
Final-Fan said: 1.  Well, $100B would be almost as big as 1/3 of the current Canadian federal budget (an increase of 30%+), but fair enough.  However, if this was the case, I have to wonder why you said earlier, "I don't see how countries whose GDP's are only a fraction of the US's would pay the same 100 Billion", when now you say you thought that was exactly what the agreement was saying.  Please explain that to me.  

Additionally, if you thought many countries would be paying $100B/yr. each, why did you say, "Source1 states 'richer countries, like the US, are supposed to send $100 billion a year in aid by 2020 to the poorer countries' misleading us to think this is specifically a US-goal."  Please explain how that isn't directly contradicting what you are now saying, considering what you chose to put in bold, because to me it seems like these are mutually exclusive statements (I read your older statement as saying you thought only the US was called on to pay $100B/yr.). 

5 & 6.  I would agree conditionally that the market is the best system for allocating resources that are already close to market viable* because of how it does so organically and dynamically, without the need for central planning that simple cannot be all-knowing, whereas the free market lets individuals react en masse to their needs, on average working things out naturally—and the condition I place on this is that there are circumstances where the market of individuals and groups of non-state actors will begin to act in various ways detrimental to society and the people in such a way that the free market will not self-correct but rather bad things will happen, some examples being the market will succumb to the malign influence (e.g. monopolies), or a vicious cycle of some kind will be created (e.g. tragedy of the commons).  Industrial pollution is another example where the market does not reliably stop bad things from happening.  I am inclined to believe that you are correct that the potential downside to companies being caught engaging in such practices is both more likely to happen and likely to be more impactful as time goes on and technology democratizes the flow of information, but again I must strongly disagree that such mechanisms are strong enough to "take over" from state regulation and intervention. 

* So, as you already said, things like space exploration and inventing the Internet are best handled by Al Gore governments that use collective political will to carry out such long-term investments that may not turn a profit soon or ever.  (If it's the sort of development that anyone can take advantage of, it's not necessarily advantageous for a market actor to spend lots of resources developing something that competitors will be able to take advantage of almost as well as it can, no matter how much the society in general values such a thing and would buy it.)  Then the market takes over and fills space the Internet with porn. 

7.  One interesting point I would like to make is the fact that market systems have a "boom and bust" phenomenon that is well documented and this phenomenon is definitely not attributable in general to state regulation or intervention (though I would not claim that it has never caused a boom or bust).  These cycles can be extremely damaging to the individuals affected even if the market system in general bounces back in short order, which to my limited knowledge would be a very arguable claim.  So state regulation here would be aimed at moderating the market to try to avoid or mitigate these boom and bust cycles.  I suppose a different solution might be for a nation to not even try to moderate the cycle, but try to save up in good times and pay out welfare to the market "losers" in bad times, but that requires both foresight and the political willingness to implement such a welfare program (which would be much larger in the bad times). 

(1)
The reason for my surprise (I don't see how...) was because of that legitimate journalistic confusion that stemmed from the grammatical error. Journalistically an auidence has to accept what the article is saying while still critiquing it. It could very well ahve been true despite what I knew about the US GDP, in fact it could have been one of the reasons people were bashing the Agreement for being unreasonable. It turns it, for some critics, it was unreasonable enough in other ways, but that could have logically been another reason while still being unreasonable.

-

(2)
Competition is great for innovation. It is halted by oversight and regulations stemming from collective institutions. They can't operate at the same time, we have to switch back and forth(like I said, I feel a "switch" has been long overdue from my interpretation of history[peacetime/domestic focus, etc.]). In other words, there will inevitably be negative side effects during these innovative periods that will be directly related to a lack of focus on things like safety concerns, etc.

That's why it's important we switch back. We need periods of deregulation that will eventually be followed up by regulation once again. But a constant chokehold helps no one just as much as a constant free-for-all will bring about mayhem that you allude to. Globalism(the biggest form of collectivism we can have at the moment), big International governments(US is the biggest), and other internation groups, have had a lot of unchecked power and support in this era. During that time the capacity for individuals to affect society positively has grown immensely but with no political outlet to express its potential. I look to people like Trump and Marie Le Pen(unfortunately gone), who abhor government, to open these floodgates.

Dropping out of this Agreement is a bold move that sets us in that direction(without taking much away imo). I've already heard about State-level politcians like NYC's Bill De Blasio, and wealthy individuals like Michael Bloomberg who are vowing to take on Climate Change repsonsibility, and it hasn't been that long since the agreement was left. It is my strong belief that society has in fact already taken a stronger interest in the subject matter as a direct result of this move regardless of whether people like or dislike it. I think discussions like these will actually become more commonplace as well, albeit different from face-to-face interactions(tend to be more emotional and unforgiving).

(New numbers)
1a.  OK
1b.  But did I misinterpret what you meant by putting "like the US" in bold?  What was your actual intended communication there? 

2.  I really don't think the model of a teeter-totter that cannot balance but must inevitably swing one way and the other is right.  I agree that there are imbalances, but I think these are because we are not perfect and/or have changing ideas and goals we are shooting for as a society; I don't think it's something we should strive to encourage in our policy.  I don't know if that fundamental difference in vision is something we can do more than just agree to disagree on. 

I had a good time here. 



Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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I have the most epic death scene ever in VGChartz Mafia.  Thanks WordsofWisdom! 

Final-Fan said:

I had a good time here. 

Likewise!