- Capitalism and Alternatives -

Why Aye man?

Posted by: Red Deathy ( Socilaist Party, Uk ) on May 06, 1999 at 10:20:18:

In Reply to: you watched that? posted by Gee on May 05, 1999 at 18:25:50:

: Leaving aside the 'wonderful shared world nonsense (they cant benefit from the use of global property - only that which is at their disposal). The second sentence describes a violence.

1:They do benefit from teh shared earth, from a better society for one thing, and through goods and services that come to them from all over the world.
2:'Fuck them' does not imply violence, it implies that we ignore them, as I understand the usual meaning of such a phrase.

: Such stocks (like internet stocks) tend to correct pretty shaply. If someone 'got away' before this happened what would have happen? Shoot them? Remove their gain coz they werent playing cricket?

No, I'm not saying that at all, what I'm pointing to, is that as investment opportunities dry up, such speculation, and thus such 'corrections' become more and more frequent.

: Look at the annual rise in total stock value, moderate it with inflation, the result is positive. Look at unemployment figures over the years - shockingly consistent.

Indeed, shockingly high, but unemployment figures are overall, in the short term a big dip in a companies stocks could mean lay-offs.

: At least you did. the problem is that I can find contradictory figures at dismal.com, at the bank of montreal economic centre and various other places.

I'll look around..

: The UK/US productivity gap was discussed in 'the economist'. guess what their conclusion was? Yes, that naughty govt ruining it all again.

Hmm, my point was though, that the gap was significantly consistant, despite different polciies between the two govt.s, when one dipped, t'other dipped, when one rose, t'other rose. We had labour, youse had Nixon, any effect on the productivity gap, nope, stayed the same.

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