+1, followed by cell phones and spread on cheese.mcconaghy wrote:Hear hearSimonPHC wrote:LIMITING, or: the complete disregard for DYNAMICS.
Doesn't anybody listen to music that has a dynamical range more than 10 dB?
OT- what was the worst invention of our time?
GAFM ***
Complete bollocks.SimonPHC wrote:LIMITING, or: the complete disregard for DYNAMICS.
Listen to "Crosstown Traffic" by Jimi Hendrix to hear the majestic beauty of dynamics processing being totally abused.
I think what you're talking about is the current trend to Ultramaximise everything to a square wave and then apply 20db of Oxford Inflator.
Different ballpark.
What the fuck does "dynamical" mean?...a dynamical range...
Angstrom wrote:market led capitalism
gort wrote:capitalism
You guys need to check your heads... Capitalism is a natural state of mankind (even bung the caveman traded three arrowheads for a hunk of meat, then traded the meat to a hungry dude for four arrowheads).halfadder wrote:capitalism
Same deal. Sharing yer stuff with a group about whom you care isn't an invention, chimps do it, as do dogs. Implementing through violence and trying to impose it on the world WAS a bad idea though... Probably the worst mankind came up with since god, which gets my vote for WORST INVENTION EVER.kramerica wrote:Socialism
+1 on that. Second worst invention ever.eyeknow wrote:cigarettes
Whereas implementing market-led capitalism through violence and trying to impose it on the world somehow isn't a bad idea?M. Bréqs wrote:...Implementing through violence and trying to impose it on the world WAS a bad idea though...kramerica wrote:Socialism
Because thats where we are right now and it's good soldiers like yourself doing the violence on behalf of the money printers.
re: capitalism existing since the dawn of time.
although there was trade, this is not the same as 'Capitalism'
The version I was refering to is 'market led capitalism' IE the ideology that most governments have accepted: the theory that they should not interfere in the running of the economy but should leave it to businesses and financiers.
The flaw in that system is that it doesn't factor in many things, the irrationality of people for example, or general societal wellbeing (happiness). It is founded on the 19th Century ideology that more material goods make you happier and strengthens the nation state. Unfortunately 50 years of research shows that as US and other incomes have grown 'happiness' is either a flat line or descending with income growth!
Economics of fiscal growth
The modern company exists to service its stock holders with dividends, not to benefit humanity. The upshot is that companies can often achieve that key goal by behaving counter intuitively - by giving consumers what they don't want, by closing 'profitable' factories. The reason being that stocks are the product, and not 'foodstuffs' or 'tennis shoes'. The nominal product "A Pill to Cure Cancer" is now reduced to merely a game-counter to trade upon, in the great game of monopoly. I worked in an oil trading floor for a while, very very bizzare. I started there 2 months before the first Gulf war. It was an education. A lot of money was made during that war on transactions of barrels of oil which hadn't even been pumped yet. We knew all about the war way before most other people, 'insider dealing' !
Work with no value
Prior to the Industrial revolution where every person was required to make or do something of real value (fix a roof, shoe a horse, etc). But in current capitalism many jobs are 'notional' , they are solely to increase or at least maintain growth (of GDP) .. EG 'marketing person', 'consultant', 'stock trader' .
We have moved from a real economy of mutual benefit to an imaginary economy of transactions - stocks and shares
The work that most people now do is essentially valueless in real human terms, IE 'benefiting people' , a jobs value is now its market value. So a stock market trader is worth ten times as much as a nurse.
we now judge these things in financial terms, and reward them that way.
The problem is that GDP growth isn't actually producing happiness, because if we use material goods to drive happiness we find that it is relative wealth it is never satisfied if everyone has the same as us.
There is a new strand of economics which addresses this issue - the Economics of happiness. Perhaps that will help balance the books.
although there was trade, this is not the same as 'Capitalism'
The version I was refering to is 'market led capitalism' IE the ideology that most governments have accepted: the theory that they should not interfere in the running of the economy but should leave it to businesses and financiers.
The flaw in that system is that it doesn't factor in many things, the irrationality of people for example, or general societal wellbeing (happiness). It is founded on the 19th Century ideology that more material goods make you happier and strengthens the nation state. Unfortunately 50 years of research shows that as US and other incomes have grown 'happiness' is either a flat line or descending with income growth!
Economics of fiscal growth
The modern company exists to service its stock holders with dividends, not to benefit humanity. The upshot is that companies can often achieve that key goal by behaving counter intuitively - by giving consumers what they don't want, by closing 'profitable' factories. The reason being that stocks are the product, and not 'foodstuffs' or 'tennis shoes'. The nominal product "A Pill to Cure Cancer" is now reduced to merely a game-counter to trade upon, in the great game of monopoly. I worked in an oil trading floor for a while, very very bizzare. I started there 2 months before the first Gulf war. It was an education. A lot of money was made during that war on transactions of barrels of oil which hadn't even been pumped yet. We knew all about the war way before most other people, 'insider dealing' !
Work with no value
Prior to the Industrial revolution where every person was required to make or do something of real value (fix a roof, shoe a horse, etc). But in current capitalism many jobs are 'notional' , they are solely to increase or at least maintain growth (of GDP) .. EG 'marketing person', 'consultant', 'stock trader' .
We have moved from a real economy of mutual benefit to an imaginary economy of transactions - stocks and shares
The work that most people now do is essentially valueless in real human terms, IE 'benefiting people' , a jobs value is now its market value. So a stock market trader is worth ten times as much as a nurse.
we now judge these things in financial terms, and reward them that way.
The problem is that GDP growth isn't actually producing happiness, because if we use material goods to drive happiness we find that it is relative wealth it is never satisfied if everyone has the same as us.
There is a new strand of economics which addresses this issue - the Economics of happiness. Perhaps that will help balance the books.
Point noted. Though I still think god was a worse invention than even what you describe as capitalism.Angstrom wrote:re: capitalism existing since the dawn of time.
although there was trade, this is not the same as 'Capitalism'
The whole notion of god implies universality of morality; that there is one right way and a billion wrong ways. That certainty of faith feeds socialists, capitalists, jihadists, fascists, in fact virtually every "ist" you can think of.
godless societies (subcultures) almost universally tend to be a lot more accepting of alternative ideas, and willing to adopt individual elements of them when these new ideas prove to be superior in (sometimes limited) aspects.
Oh, another mind-boggling crazy invention: Racially specific biological weapons.