Being rich isn’t the greatest reward. And not feasible. Only the few can ever be rich.
Demanding a society where an economic system makes the virtuous rich is mental.
An economic system should be measured by the quality of life and productivity by the society. And it’s ability to consume said wealth. I.e. china is failing their citizens, badly. So is Germany in their psychosis of exporting.
If you graded the U.S.'s capitalistic system by its quality of life, we would fail miserably. According to U.S. News, we rank 30th
I.e. china is failing their citizens, badly.
I mean, no? China is the single biggest driver of reduced poverty in the world.
China is among the most populus countries and your metric is susceptible to that.
Okay that’s fair, let me try that again: Even on a per capita basis China is doing pretty well for itself. You can also compare other countries here (this is basically a poverty index so the lower it is the better).
Real gdp growth is not a good metric of wealth. It’s a metric of progress(speed).
It also doesn’t punish an export economy without domestic consumption, which is what I find worrying/exploitative.
It’s a metric of progress(speed).
I mean, that’s how you get good standards of living. You can also look up its GDP per capita, which isn’t high but is definitely respectable. In that case though you can look up China’s HDI. There’s just no metric by which China is failing the majority of its citizens (emphasis on majority; of course Uighurs for example will feel differently).
It also doesn’t punish an export economy without domestic consumption
That doesn’t make sense though. Exports bring in money which can be used to import stuff or for domestic consumption. A strong export economy leads to good standards of living.
That’s not correct. E.g. Germany has consistent exported way more goods and services than it has imported. A healthy economy is not an automatism from being good at shipping stuff off shore. There is no gain from building a car if you buy the materials ship the car and have money left over. You do actually have to spend that money. There is no good in owning money. That’s how economies die and cost of e.g. housing explodes.
Please explain where China is failing their citizens? We cannot even afford houses in the West anymore, while they have 95 % homeownership rate in China. And there are many more examples like that.
China’s domestic consumption is very low, their exports are much greater than their imports, i.e. they provide the world with goods without sufficient compensation. Their population should be doing better and being wealthier. Their consumers are using real estate as an investment vehicle creating an enormous housing bubble. Home ownership is ridiculously expensive and there are mostly very small apartments at high rates. They are famous for constructing highly speculative ghost towns.
As soon as the promise of wealth in age starts to falter china may change fundamentally. And it seems like that may be coming soon rather than later.
But surely being rich (i.e being comfortable and having the freedom to explore new enterprises) is the best reward that society en large can give you; the best and only appropriate award that the government can provide you for your skilled labour. It has also historically been very effective at getting society to innovate and improve.
So you want neurosurgeons to be rich enough so they can stop being neurosurgeons for their deed of becoming neurosurgeons? Sure they should be well off enough. But they typically are just normal people.
Rant: Scientists aren’t fundamentally better. They just have learned how to do science. That’s not particularly hard or admirable and virtually everyone could do it.
It is being made hard due to societal decisions such as high study costs etc. but that doesn’t make them superior.
I don’t like that elitism.
What you think neurosurgeon should be worse compensated so that they’ll continue being neurosurgeon?? They won’t even become neurosurgeon in the first place if you don’t offer to pay them well!
You have your concept of incentives completely backwards - you’re looking at methods of fear to motivate people to take part in a completely voluntary aspect of society. People can leave the country, not work at all, or get different jobs. You need to pay neurosurgeon well.
I do not see neurosurgeon leaving en-masse currently and they are the best paid in the medical profession right now. They instead reach tenureship quickly and then focus on training more neurosurgeon, which is less stressful for them and just as well paid, or almost as well paid.
And because of the existing high pay incentive, LOADS of people are training under them to become surgeons. Ergo the system works.
You are trying to solve problems where no problem exists because too much communist theory has you thinking that everything has to be symmetrical - but society is not symmetrical
Rant: Scientists aren’t fundamentally better. They just have learned how to do science.
Yes they are fundamentally better at what they do - science - which is why they are paid more for what they do - science - because other people, generally speaking, cannot do it. I also do not see doctors as scientists strictly speaking, they’re something even more valuable.
is being made hard due to societal decisions such as high study costs etc. but that doesn’t make them superior
This is not the reason jobs like doctoring and engineering are paid better and you probably know that, deek down. Look at free lectures on the subject matter if you need to prove it to yourself. It’s essentially supply and demand, which is a fundamental law of the universe.
A artisan is also a highly skilled trade and is performed by intelligent people who also took risk in their career.
My issue is with people commiserating the working man for they did not manage to do neurosurgery. People not respecting but looking down upon the plebs.
in before some child comes, downvotes people and bullshits about how Elon is actually very clever
I’ve noticed a trend amongst most Musk defenders now and general billionaire simps. They have the emotional maturity of a13 year old, they never really grew up in high school so are so stunted developmentally they’re a decade behind at the least.
So, they’re defending Musk because he’s one of them?
It also rewards putting words like Freedom and Liberty in the names of laws that restrict freedom and liberty.
No, it also rewards authors of protect-children-laws with underage sex
We need MAFA. Make America Free Again.
The problem is both parties hate freedom when it suites them. Which is most of the time.
…why did they lock Leonardo DaVinci in a tower?..fucking rhethoric…
German saying: “a good horse only jumps ass high as it must.”
There are no bonus points for clearing the hurdle with space to spare. You have to jump high enough, but no more.
a good horse only jumps ass high
🙂↕️
🙏
I need more upvote power.
I really dislike the implications here about which profession has which trait
No system in existence and outside existence would reward artists even if it is specifically designed to reward artists. it’s a monkey’s paw bullshit trap.
To quote the article itself “Jenny Dagg, a Maynooth University sociologist who studied the scheme, said it was a win for all but noted that eligible artists could not live solely on the weekly payments, which were considered supplementary income.”
one way or another this kind of stuff always ends up being a scheme with heavy bias towards metropolies.
Capitalism rewards the best at gaining power. All systems are subject the vulnerability of people seeking power instead of wisdom. Even American Democracy.
“Even American democracy” you mean the system/country with all the greedy tech bros in it, who it actively protects?
I’m not interested is arguing about the distinction you fail to see.
Your lack of clarity is not my responsibility.
You said “even”, which for literate people means that what follows it has some particular advantage when it comes to not being whatever came before the “even”. The US is the epicenter of global capitalism; it’s the first to go, no the last.
But your understanding is.
A wonderful comeback deftly avoiding the bulk of my comment because that’s where your entire argument falls apart.
If I agree with you, will you be content and go away?
I don’t talk to people to “win” against them, so no, and fuck you for thinking that lying to me would make me happy.
Especially American Democracy.
Capitalism rewards fraud. It’s the true american way.
Case in point - when imitation crab came out in the 80s it was freakin’ delicious - tasted just like crab, and dirt cheap in comparison. But over the years they seem to have beem putting in less and less of whatever actual crab material gave it crab flavor, so now it’s pretty much just nondescript fish + orange dye. A bad imitation of imitation crab. Instead of enjoying wonderful inventions like these we have to ruin them a little at a time so somebody can make a teensy bit more profit each time, until they’re crap.
The boiling frog metaphor comes to mind.
Maybe it reward beauty? Nah, I’m not that rich…
No it rewards psychopathic and megalomaniacal tendencies to a disproportionate degree, with catastrophic runaway consequences
It rewards stupidness, cutting corners, lying to people. Capitalism has created an economy driven by forced/planned obsolecence of hardware, literal gambling with rich people just betting against other businesses, industries and entire nations.
Basing our world around a system that on average funnels the least empathetic, most callous, greedy and power hungry psychopaths and sociopaths to positions with the most influence surely cannot possibly backfire in a major way for the rest of us.
It will be studied in the far future the way we study monarchy or the Roman Empire.
All the laborers I know get rewarded really well.
You really should get out more.
Try some. You might be surprised. Next door neighbor’s kid is working as laborer and making over $60 an hour. Just got hired a few weeks ago. Trades are also considered labor work and they pay great.
I’m all of those and I’m super rich
an yet, you’re on lemmy with the rest of us…
fake and possibly gay
just kidding, homie
Hey, we all love you if you’re gay. Fake, however, that’s unforgivable.
Oh shit
