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Malthus0 (November 30, 1999 at 12:00 am)
@kaushiksays I find it hard to believe that you really understood Hayek if you became a Marxist afterward. Hayek & Mises made Marx look naive with regard to the possiblity of post capitalist society.
SalientK (November 30, 1999 at 12:00 am)
@3wrw89 Naturally you would derail the conversation from rap music -- something you apparently know nothing about -- to economics, which was never my intent to discuss, just so you could end on a patronizing tone without actually addressing the core of my argument. Okay. If you want to eject yourself from the conversation in a fit of anger and confusion, then fine, you are dismissed. I'll save my energy for people who don't think of debates in terms of "winning" and "losing."
3wrw89 (November 30, 1999 at 12:00 am)
@SalientK
A small group of people make the final decisions about economic policy. Those decisions could throw millions of other people into poverty. You are either an idiot or a troll. Go ahead and post more comments. Tell yourself that you won. I'm done with you.
Magicwillnz (November 30, 1999 at 12:00 am)
@crazypants88 Does the inelasticity of demand essentially cede the argument that people's objective needs determine the value of something, rather than subjective values?
Marx is quite clear that preferences matter, but its not what creates value. This is the reason why mercury is more expensive than water. People may prefer water over mercury, but mercury extraction is more labor-intensive and has more value.
Classical economics doesn't explain the how the rate of profit falls so consistently.
whssodnrru (November 30, 1999 at 12:00 am)
Look at this
watch?v=JXt1cayx0hs
SalientK (November 30, 1999 at 12:00 am)
@3wrw89 [2/2] Now compare the deeply personal and reflective themes in "Book of Life" to this. It's intentionally cheesy, essentially mocking the very medium it's using to push its message. The subject is the macroeconomic policies of elite business school graduates (which it doesn't even explain very well). It's dry, didactic, unemotional, and in the grand scheme of things, no, monetary policy is not something humanity ever needed or benefitted from.
SalientK (November 30, 1999 at 12:00 am)
@3wrw89 It's a song about a man who is aware of his problems and shortcomings. He reflects on his mistakes, poor lifestyle choices and blown opportunities, but at no point does he glorify them. The song is written about a transitional period in his life in which he dwells on the past and current state of things with honesty and candidness, ending on a hopeful note. Don't mistake the casual, colloquial tone for shallowness or unintelligence. Common certainly isn't a man who doesn't try. [1/2]
3wrw89 (November 30, 1999 at 12:00 am)
@SalientK Do you still think economic policy is mildly important? I'm not letting this go.
3wrw89 (November 30, 1999 at 12:00 am)
@SalientK
Common didn't brag about how tough he is. That was really nice. The song is about an unemployed guy who is not looking for a job. He's also doing things , like being a drunk, that make his life worse. It looks like we won't agree on anything here. I'm not interested in a story about some guy who's not even trying in life.
I didn't like the delivery either. I had trouble understanding half of the lyrics and his pronouciation was really choppy. It's distracting. |
