Interesting stuff
Good read here with Torren Martyn interviewing Alby Falzon. It's a longer interview but worth the time if you're at all interested in AF's life. Even a few surprises for people who thought they knew it all...
"Men Act Differently Around Women With Visibly Erect Nipples." They needed a study to know this?
https://www.iflscience.com/brain/heterosexual-men-act-differently-aroun…
Island Bay wrote:
Great essay from Matthew B Crawford
So much to consider there I.B., thanks for the share.
Tech billionaire Noel Skum
https://www.abc.net.au/news/2022-05-26/who-is-helping-elon-musk-fund-tw…
AndyM wrote:
Great essay from Matthew B CrawfordSo much to consider there I.B., thanks for the share.
My pleasure, Andy.
I have really enjoyed his books, too. Especially 'Why We Drive', his latest. Philosophy from an everyday angle - and very easy to relate to as a surfer.
Probably already posted at some stage, but this is the best on board footage I've seen, strap in and enjoy the ride...
Island Bay wrote:
Great essay from Matthew B CrawfordSo much to consider there I.B., thanks for the share.
My pleasure, Andy.
I have really enjoyed his books, too. Especially 'Why We Drive', his latest. Philosophy from an everyday angle - and very easy to relate to as a surfer.
The whole argument rests upon a misreading of Hobbes as portraying humans as irrational actors. If humans were irrational, then we would just stay in a state of nature. But we don't, we take the rational path and escape the state of nature.
And as for the final question --
"The million-dollar question is this: would it be possible to reclaim the blessings of Lockean, political liberalism and back off from the aggressive metaphysical debunking of Hobbesian, anthropological liberalism? Or is it a package deal?"
That's an easy one -- Yes, to question one, No, to question two. The answer lies in social contract theory.
"Davos: The Left Didn't Eat the Rich. The Rich Ate the Left. | Opinion
On September 11, 2000, the "S11 Alliance," comprised of Australia's Democratic Socialist Party, the International Socialist Organization, the Socialist Alternative, the Workers' Power and an assortment of other socialist, environmental and anarchist groups, participated in one of the largest-ever protests against the World Economic Forum.
Over the course of a few days, over 10,000 people—overwhelmingly from the political Left—descended on the Crown Towers and the surrounding areas, where Klaus Schwab's World Economic Forum (WEF) was hosting its Asia-Pacific Economic Summit...
...In the years proceeding, the Left has become far less robust in its critique of corporate greed, and most yesteryear "crusties" now take a fairly pro-globalization position. Curious, that.
"When the people shall have no more to eat, they will eat the rich," goes the old Rousseau quote truncated for the placards of the dreadlocked white boys from the early 2000s. Instead, it was the Left that got eaten by the rich, who, between 9/11 and the Great Recession, caught populist-left politicians licking their lips and sharpening their knives. Very quickly, though, "corporate social responsibility" took center stage. Soon after, there were Pride flags on every brand's logo. This year, there was a humiliatingly tepid showing of "dozens" of left-wing protesters at the WEF's Davos forum.
Take Nandor Tanczos, for instance. Tanczos was one such of the aforementioned dreadlocked white boys...
...So what happened to the chants of that day? "Our world is not for sale!" Or, "The people, united, will never be defeated!"
Well, as far as its own admissions make clear, the Left has failed to remain united.
More importantly, the Left decided that the world was, in fact, for sale. With great corporate greed came great corporate largesse—which meant a reprieve for those willing to pipe down, and cash for those willing to become complicit in corporate globalism...
...For Schwab and his WEF, this was cause for relief. Right-wing activists who feel similarly about globalization are viewed as less likely to smash up whatever city his conference is held in, and certainly less intent on confronting the police protecting them. Much of the media's outrage about January 6, 2021 in Washington, D.C. was the disbelief that some right-wingers would adopt a similar mob mentality to the Left's own rank and file.
And while most of the political Right would currently rather BE the rich than EAT the rich, what they might just do along the way is eat the Left's populist lunch..."
https://www.newsweek.com/davos-left-didnt-eat-rich-rich-ate-left-opinio…
pretty much sums up the years and years of 'debate' on here...
chook wrote:
Great essay from Matthew B CrawfordSo much to consider there I.B., thanks for the share.
My pleasure, Andy.
I have really enjoyed his books, too. Especially 'Why We Drive', his latest. Philosophy from an everyday angle - and very easy to relate to as a surfer.If humans were irrational, then we would just stay in a state of nature. But we don't, we take the rational path and escape the state of nature.
Ufff, tricky and quite debatable.
https://www.zerohedge.com/markets/here-hidden-150-trillion-agenda-behin…
food for thought. 150Tn to be created to get to carbon zero. 2/3's of that ctrl_P.
flollo wrote:
Great essay from Matthew B CrawfordSo much to consider there I.B., thanks for the share.
My pleasure, Andy.
I have really enjoyed his books, too. Especially 'Why We Drive', his latest. Philosophy from an everyday angle - and very easy to relate to as a surfer.If humans were irrational, then we would just stay in a state of nature. But we don't, we take the rational path and escape the state of nature.
Ufff, tricky and quite debatable.
Not sure what's debatable here? For Hobbes, humans are egoists (not irrational, as Crawford contends). According to Hobbes, we forgo our right to do what the hell we want in a state of nature and place ourselves under authority and laws, and in return we get safety and security from others doing what the hell they want to us. For Hobbes, this move is driven by reason -- by rational self interest. This much of Hobbes seems pretty clear and uncontested. It's one of the great virtues of social contract theory -- it does rely upon humans being virtuous and good. Even the selfish, self-interested person chooses what is good for all.
So I don't understand Crawford's claims that for Hobbes' humans are irrational and I don't understand his argument. But Crawford seems like a smart person, so I'm missing something.
I wonder where all the money in the economy from these 'boom' times is going? Certainly not to the average worker..
https://www.abc.net.au/news/2022-06-03/gdp-is-growing-but-workers-are-n…
As an illustration -
"Like many of the virus’s hardest hit victims, the United States went into the COVID-19 pandemic wracked by pre-existing conditions.
A fraying public health infrastructure, inadequate medical supplies, an employer-based health insurance system perversely unsuited to the moment—these and other afflictions are surely contributing to the death toll.
But in addressing the causes and consequences of this pandemic—and its cruelly uneven impact—the elephant in the room is extreme income inequality.
How big is this elephant? A staggering $50 trillion. That is how much the upward redistribution of income has cost American workers over the past several decades.
This is not some back-of-the-napkin approximation.
According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone. That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year."
https://time.com/5888024/50-trillion-income-inequality-america/
san Guine wrote:
I wonder where all the money in the economy from these 'boom' times is going? Certainly not to the average worker..
https://www.abc.net.au/news/2022-06-03/gdp-is-growing-but-workers-are-n…
As Josh Frydenberg said recently, we are all shareholders due to compulsory superannuation so we are all benefiting from higher corporate profits because of the dividends paid into our superannuation accounts.
Just goes to show that there's always a bright side.
Island BayWEDNESDAY, 25 MAY 2022 at 7:20AM
Great essay from Matthew B Crawford
https://unherd.com/2022/05/covid-was-liberalisms-endgame/
Thanks for sharing this IB. Thorough agree with his theme. Shades of CS Lewis "That Hideous Strength" . Science is fantastic but should not be used as a tool for control.
now now Andy, don't be ungrateful, it's all for the prosperity of the nation
AndyM wrote:
Crumbs from the table.
For those living off superannuation for 20 to 30 years the "crumbs" are their income.
Dividends or anticipated profit growth and future dividends, sustain share price values that make up the majority of your super balance.
Most businesses only make crumbs of profit. The rest is churn - costs. Super profits are rare.
Crumbs from crumbs matter to most of us more than meets the eye.
Few crumbs would slash most super balances towards zero.
Why renewables can’t save the planet | Michael Shellenberger | TEDxDanubia
frog wrote:
Crumbs from the table.For those living off superannuation for 20 to 30 years the "crumbs" are their income.
Dividends or anticipated profit growth and future dividends, sustain share price values that make up the majority of your super balance.
Most businesses only make crumbs of profit. The rest is churn - costs. Super profits are rare.
Crumbs from crumbs matter to most of us more than meets the eye.
Few crumbs would slash most super balances towards zero.
Yeah, cash rate has gone from 0.1% to 0.35%, yields are pretty small certainly not PE's of 6-8 - and informed by Ms that food shop for us is up 100% since Corona, electricity apparently about to do the same - I do wonder for the retirees...
Gas Supply Guarantee activated (headline is catchy, just realise someone has actually diverted the gas):
https://www.macrobusiness.com.au/2022/06/heres-a-gas-quick-fix-national…
velocityjohnno wrote:
Gas Supply Guarantee activated (headline is catchy, just realise someone has actually diverted the gas):
https://www.macrobusiness.com.au/2022/06/heres-a-gas-quick-fix-national…
How's the SA businesses gas costs have gone from $135000.00 per month to $900000.00 per month. Wow. That's just not sustainable. NB That was from an article you put up somewhere VJ.
frog wrote:
Crumbs from the table.For those living off superannuation for 20 to 30 years the "crumbs" are their income.
Dividends or anticipated profit growth and future dividends, sustain share price values that make up the majority of your super balance.
Most businesses only make crumbs of profit. The rest is churn - costs. Super profits are rare.
Crumbs from crumbs matter to most of us more than meets the eye.
Few crumbs would slash most super balances towards zero.
Never underestimate the ‘crumbs’, especially when compounded over many years.
Sure compound interest is a wonderful thing but I’m saying that compare to how much we get ripped off in wages and so many otherwise over our lives, making some money on super seems like relatively small change.
My mate is on his first day back in Oz after three weeks in Indo and he just sent me his version of that exact same lineup.
Welcome to Australia!
Tom was right. This was 17 years ago and the media made out like he was off his head. He wasn’t.
— Dr. Ben Braddock (@GraduatedBen) June 5, 2022
What am i missing Blowin was Matt on Ritalin or is Brooke Shields dead? i don't get why everyone in the comments now realize Tom was right.
Anti psychotics work for me, maybe make me a bit fat and cant surf big waves any more but they work for my mental health and schizophrenia.
groundswell wrote:
What am i missing Blowin was Matt on Ritalin or is Brooke Shields dead? i don't get why everyone in the comments now realize Tom was right.
Anti psychotics work for me, maybe make me a bit fat and cant surf big waves any more but they work for my mental health and schizophrenia.
Good for you GS hope you continue to stay well.
Very interesting indeed - https://www.theguardian.com/australia-news/2022/jun/07/why-the-collapse…
Sheepdog wrote:
Very interesting indeed - https://www.theguardian.com/australia-news/2022/jun/07/why-the-collapse…
Sounds unreal. La Niña rules.
Bring it on!
yay! ...50 basis points rise...
about time some in power showed some balls!!
Yay Sypkan, high-five! We're still at a ludicrously low 0.85% cash rate, but every step closer to 'revert to mean' corrects more of the imbalances.
Now a $100K in the bank for a year might get you $850 interest…..Wow!
Too bad inflation makes your $100K only really worth about $92K after a year.
I should say $92850! So worth it!
Final sentence of the RBA statement is ominous:
‘The Board is committed to doing what is necessary to ensure that inflation in Australia returns to target over time.’
They gonna keep hiking till inflation is 3%. This ain’t no quick fix. In fact, there’s every chance this 50 points hike will ADD to inflation.
Is anyone going to address the censorship article about SN that was written on beachgrits page?
Have it cunts