Pleasure, power and paternity minus obligation equal predatory behavior. It is in obligation that the social connection resides — giving something back for what is taken. Without obligation we are left with nothing but exploitation and eventual extermination.
Any species can drive itself to extinction by eradicating the resources it needs to survive. The knowledge that each individual faces extinction regardless does not result in changed behavior. A vindictive person may well welcome the deluge.
The standard theorems about the efficiency of the market were developed under the assumption of full information; with imperfect information—in particular, with one person having information that others do not, which is what is meant by secrecy and lack of transparency—the economy is not in general efficient.6 One party can and often does take advantage of another. That is why all countries have fraud and disclosure laws on consumer product contents, securities, etc., with stiff penalties to ensure that the disclosures are truthful.
Well, penalties ensure nothing. If they did, we would not still be inundated with lies. Penalties are applied AFTER the fact. And that is what the economists are still leaving out of their consideration — time. While it is true that some people have false or incomplete information because other people lie (transparency is not a corrective because looking through or at something does not reveal function), the reality is that complete information is only available AFTER something has been experienced by an aware person. People who aren’t paying close attention don’t “get” function. Function is change over time and, probably because it cannot be seen, is inaccessible to people who rely primarily on superficial optics. It is also not available to people who ignore the passage of time, as traditional economists have been wont to do. And Stiglitz is apparently still doing. Reducing transactions to dollars whose quantity can be fixed at a certain point in time does not take care of the problem that the trade and exchange of goods and services is a dynamic system that, like the weather, never holds still.
Yes, it is presumptuous to disagree with world-renowned economists. However, I said decades ago their assumptions were wrong and they have now admitted it. Only, they are still not admitting structural impediments and blaming other people’s moral deficits (a penchant for secrecy and/or deception) for their inability to acquire “complete information.” Even if they were all knowing, the dynamic system would escape their apprehension because they have left time out of their equations. Change over time. I don’t know how it would be modeled, but that’s what has to be included.
The rude Dude is nothing but a pampered rich kid to whom the lessons in etiquette didn’t stick.
That’s my thought of the morning and I think I’ll spread it. “Dude” is already being used by others who are disinclined to speak his name. That he is a pampered rich kid might register with supporters who don’t know what to make of him. In the beginning, his crude speech manners made him sound familiar and not uppity like that last feller. Now we have to make clear that speech, like appearances, can be deceiving.
Just now ·
There is a signal difference between a private person and a public servant. It seems, however, that many Republicans don’t understand that. They seem to think that public officials are in loco parentis mode — i.e. Have the authority of parents. That is what the “family values” agenda means. Paternal authority is their ideal because all it takes is a momentary pleasure to achieve.
It is too large a file to upload directly to Hannah Blog. I might point out that this video has transitioned from a VHS tape to a computer file to a DVD and then back to a VOB, which, I was delighted to find, Youtube was prepared to upload. Not so Facebook. Hard to believe it’s been 25 years.
Unfortunately, I have already forgotten the steps I went through to excerpt the segment from the disk. I think MPEG Streamclip did the trick and produced the VOB.
The principles incorporated in the corporation that is the United States have never yet been fully realized. Just as the stockholder in commercial and industrial corporations are given lip service and all sorts of cheating is perpetrated in their name, the will of the governing people is rarely carried out. Continue reading →
A consensus seems to be forming that the Dude in the White House is unhinged. He’s being described as “deranged” and “demented.” Which leads me to opine
“deranged” and “demented” are likely accurate descriptions of a brain driven by instinctual responses like those of a base predator. It may be metaphoric or symbolic, but the predator’s objective is to destroy. The Christian ritual, in which the symbolic destruction and consumption of one man are supposed to supplant that behavior for all time, is obviously not adequate. If it were, humans would not still be killing each other.
Perhaps it was an inevitable conclusion, once I determined that “develop” is really a euphemism for “destroy,” that the designation of the developer in the White House would devolve into “Don the Destroyer.” The resemblance to Vlad the Vandal is unmistakeable. The euphemisms just helped deceive us. Continue reading →