Results 1 to 10 of 37

Hybrid View

  1. #1
    Player
    Eldryan's Avatar
    Join Date
    Jan 2013
    Posts
    24
    Character
    Eldryan Lockewood
    World
    Hyperion
    Main Class
    Goldsmith Lv 50
    Challenging questions, I like it.
    Incoming wall of text!

    How do we decide what constitutes a "fair" distribution? How is such a thing determined or measured, and by whom?
    I'll refer to the examples of police and fire fighters again to explain this point. Fairness in this context, is service rendered by the police and fire fighters without prejudice of any sort towards the citizens. Police and fire fighters would not be allowed to refuse to render help to someone based on their wealth, social status, ethnicity, or any other form of discrimination, that is what I meant by fairness without prejudice. Nix gave some good examples regarding how healthcare and social safety net in the UK work, which shows how more assistance and resources are given depending on how dire your situation is compared to others. I don't think I can explain it better then Nix's post, so I will leave it at that.

    Can you think of any example in which a privately owned company has not benefited the citizens in its local area?
    Right now in the field of medicine research, pharmaceutical companies are in direct competition with each other. As a result, their research and development labs most often do not share research data or analysis with one another until they have developed something that they can patent. The reason being, they do not want to give their competitor a chance to use their data and develop a new medicine for some illness or disease before they do, and get a lead on the market. Although progress are still being made, it is progressing at a slower rate than if there were more cooperation and information sharing. If they weren't in complete competition with one another, and if pharmaceutical research and development of drugs were socialized, with the sale of any development re-invested by society back into more R&D, all our best scientists would be able to work with each other and get more done.

    Personally, I feel that society works best when there is a proper balance between capitalism and socialism, as going too far to the extreme on either side will result in inefficient progress. I'll give two hypothetical examples, one is a nation that is pure socialism with no free market, and another pure capitalism with no government infrastructure support.

    Problem Example in pure socialism:
    Lets say the government distribute out food in specific quantities to it's citizens, enough to match the daily recommended calories, vitamins, proteins, etc., so that everyone gets enough to stay healthy, but not over eat. But then some people have allergy to certain food, and would need to request a change in the type of food distributed to them. With a huge population, there will be too many food substitution request for the government to efficiently process, resulting in delays, and people end up going hungry for prolonged periods before their request are finally answered, while the food they are allergic to end up being spoiled and going to waste because it was still being delivered during that whole time and didn't get sent to someone else who could've benefited from it.

    Problem example in pure capitalism:
    A construction company specializes in building highways, and since the government isn't paying for the highway to be built in this pure capitalistic economy, the construction company make their profit by putting in road tolls so that anyone who need to use the highway have to pay, because after all, the roads are privately owned, not publicly owned. This isn't a major problem in of itself, but lets say Pepsi Cola decides to buy controlling shares in this construction company, and thus take ownership of all it's highways. Pepsi then decides that any vehicle transporting Coca Cola for the purpose of sale distribution isn't allowed to use their road, in an attempt to block off supplies of their competitor. Coca Cola responds by buying their own highway paving company, and proceed to buy up land and have parallel highways and inner city roads built so that they can transport their product. Aside from the obvious wastefulness of raw materials and redundant nature of having two sets of roads made, other problems occur for the economy, such as cost of houses sky rocketing because of less available land due to double road construction, and increase demand for construction labour which increase labour cost and construction cost.

    These examples may seem extreme and silly, but then again, so is the idea of running society and economy based on a pure socialism or capitalism model.

    As a final note, I want to further clarify all the terminologies, and their counter part.
    Socialism is opposite to Capitalism/Privatization
    Communism is opposite to Democracy/Republic

    Hence, you can have a communist country that is using capitalism as its economic model. China is a good example as it has allowed for more privatization and moved towards more capitalism. Venezuela on the other hand is an example of a Democracy that leans towards socialism for their economic structure. The decision of what is the right balance between capitalism/socialism depends on the country and it's citizens, hence why we have elections to decide if we think our country is leaning too much to one side or the other. Although in the US, both main political parties are right-wing parties, one is just not as far right as the other.
    (4)

  2. #2
    Player
    radhaz's Avatar
    Join Date
    Mar 2011
    Posts
    271
    Character
    Aeka Masaki
    World
    Sargatanas
    Main Class
    Summoner Lv 100
    Don't leave the American corporate media out of this discussion. Their failures to accurately report and investigate issues is downright criminal.

    Quote Originally Posted by Eldryan View Post
    Challenging questions, I like it.
    Incoming wall of text!



    I'll refer to the examples of police and fire fighters again to explain this point. Fairness in this context, is service rendered by the police and fire fighters without prejudice of any sort towards the citizens. Police and fire fighters would not be allowed to refuse to render help to someone based on their wealth, social status, ethnicity, or any other form of discrimination, that is what I meant by fairness without prejudice. Nix gave some good examples regarding how healthcare and social safety net in the UK work, which shows how more assistance and resources are given depending on how dire your situation is compared to others. I don't think I can explain it better then Nix's post, so I will leave it at that.



    Right now in the field of medicine research, pharmaceutical companies are in direct competition with each other. As a result, their research and development labs most often do not share research data or analysis with one another until they have developed something that they can patent. The reason being, they do not want to give their competitor a chance to use their data and develop a new medicine for some illness or disease before they do, and get a lead on the market. Although progress are still being made, it is progressing at a slower rate than if there were more cooperation and information sharing. If they weren't in complete competition with one another, and if pharmaceutical research and development of drugs were socialized, with the sale of any development re-invested by society back into more R&D, all our best scientists would be able to work with each other and get more done.

    Personally, I feel that society works best when there is a proper balance between capitalism and socialism, as going too far to the extreme on either side will result in inefficient progress. I'll give two hypothetical examples, one is a nation that is pure socialism with no free market, and another pure capitalism with no government infrastructure support.

    Problem Example in pure socialism:
    Lets say the government distribute out food in specific quantities to it's citizens, enough to match the daily recommended calories, vitamins, proteins, etc., so that everyone gets enough to stay healthy, but not over eat. But then some people have allergy to certain food, and would need to request a change in the type of food distributed to them. With a huge population, there will be too many food substitution request for the government to efficiently process, resulting in delays, and people end up going hungry for prolonged periods before their request are finally answered, while the food they are allergic to end up being spoiled and going to waste because it was still being delivered during that whole time and didn't get sent to someone else who could've benefited from it.

    Problem example in pure capitalism:
    A construction company specializes in building highways, and since the government isn't paying for the highway to be built in this pure capitalistic economy, the construction company make their profit by putting in road tolls so that anyone who need to use the highway have to pay, because after all, the roads are privately owned, not publicly owned. This isn't a major problem in of itself, but lets say Pepsi Cola decides to buy controlling shares in this construction company, and thus take ownership of all it's highways. Pepsi then decides that any vehicle transporting Coca Cola for the purpose of sale distribution isn't allowed to use their road, in an attempt to block off supplies of their competitor. Coca Cola responds by buying their own highway paving company, and proceed to buy up land and have parallel highways and inner city roads built so that they can transport their product. Aside from the obvious wastefulness of raw materials and redundant nature of having two sets of roads made, other problems occur for the economy, such as cost of houses sky rocketing because of less available land due to double road construction, and increase demand for construction labour which increase labour cost and construction cost.

    These examples may seem extreme and silly, but then again, so is the idea of running society and economy based on a pure socialism or capitalism model.

    As a final note, I want to further clarify all the terminologies, and their counter part.
    Socialism is opposite to Capitalism/Privatization
    Communism is opposite to Democracy/Republic

    Hence, you can have a communist country that is using capitalism as its economic model. China is a good example as it has allowed for more privatization and moved towards more capitalism. Venezuela on the other hand is an example of a Democracy that leans towards socialism for their economic structure. The decision of what is the right balance between capitalism/socialism depends on the country and it's citizens, hence why we have elections to decide if we think our country is leaning too much to one side or the other. Although in the US, both main political parties are right-wing parties, one is just not as far right as the other.
    (2)

  3. #3
    Player
    Rhianu's Avatar
    Join Date
    Mar 2011
    Location
    Limsa Lominsa
    Posts
    464
    Character
    Rhianu Esparta
    World
    Gilgamesh
    Main Class
    Marauder Lv 52
    Quote Originally Posted by Eldryan View Post
    Right now in the field of medicine research, pharmaceutical companies are in direct competition with each other. As a result, their research and development labs most often do not share research data or analysis with one another until they have developed something that they can patent. The reason being, they do not want to give their competitor a chance to use their data and develop a new medicine for some illness or disease before they do, and get a lead on the market. Although progress are still being made, it is progressing at a slower rate than if there were more cooperation and information sharing.
    I dunno. Personally, I think competition can drive companies to develop more products better, faster, and more efficiently than they otherwise could. I believe progress is sped up by competition, not slowed down by it.

    Quote Originally Posted by Eldryan View Post
    A construction company specializes in building highways, and since the government isn't paying for the highway to be built in this pure capitalistic economy, the construction company make their profit by putting in road tolls so that anyone who need to use the highway have to pay, because after all, the roads are privately owned, not publicly owned.
    The government makes you pay for the roads, too. They just call their payment taxes, rather than tolls.

    Quote Originally Posted by Eldryan View Post
    Aside from the obvious wastefulness of raw materials and redundant nature of having two sets of roads made, other problems occur for the economy, such as cost of houses sky rocketing because of less available land due to double road construction, and increase demand for construction labour which increase labour cost and construction cost.
    More roads means means less traffic -- that's a good thing. Only about 20% of the Earth's land is populated by human beings, so there's certainly no shortage of real estate; there's plenty of room to expand. Increase in demand for manual labor would drive prices down, not up, due to the fact that employers would need to stretch their budgets further. Plus that sounds like a large amount of job creation. With all the millions of impoverished and homeless people who are out of work, that sort of large-scale economic production sounds like just the sort of thing we need.

    Of course having all the roads privatized could potentially make traveling annoying because then you would have to keep track of which roads you had payed for the privilege of using and which ones you hadn't, which would be highly inconvenient. Though perhaps this issue could be solved by forming road unions for the roads of several different companies, and you just pay an annual fee to the union and get to drive on all the roads of all the companies who are members of that union.

    Quote Originally Posted by Eldryan View Post
    Hence, you can have a communist country that is using capitalism as its economic model. China is a good example as it has allowed for more privatization and moved towards more capitalism. Venezuela on the other hand is an example of a Democracy that leans towards socialism for their economic structure. The decision of what is the right balance between capitalism/socialism depends on the country and it's citizens, hence why we have elections to decide if we think our country is leaning too much to one side or the other.
    The right balance can be determined by which system works better, regardless of what opinion the people hold. If the contest is between Venezuela and China, then China definitely wins, as they have a very real chance of surpassing the U.S. as the world's dominate super power this century. Though China will have to adjust their government to allow their people more freedom, but that's already happening at good pace.
    (0)
    Last edited by Rhianu; 04-25-2013 at 02:40 PM.
    ( ◕ ‿‿ ◕ )