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Re:Bill Gross – Banking/finance “permanently damaged” [pdf] by jpadkins on Thursday March 03, 2016 @04:54PM (#11220354)
"the economy" predates human history. The ones who fight the best for resources gets them. We have only recently become more civilized where we don't have to literally fight for resources. But as long as there is human desire for status over other humans, there will be haves and have nots.
Re:Bill Gross – Banking/finance “permanently damaged” [pdf] by danharaj on Thursday March 03, 2016 @05:10PM (#11220453)
You are being overly reductionist. You are conflating "the economy" with economics. "The economy", the noun is very recent. Treating economic activity as an abstract system without its sociopolitical context, tacitly assuming that its telos is to grow and grow, this is all very new. Aristotle spoke of economy. Pundits today talk about the Economy. Job creators. Growth. It is a cargo cult.

Cooperation shapes and drives biology just as much as competition does. Civilization did not give us prosocial tendencies. The founding myth of civil government is exactly that. A myth. It is historical revisionism. It is reductionist. It is a mutilated view of people. Hobbes was wrong.

> But as long as there is human desire for status over other humans, there will be haves and have nots.

Honestly i am so tired of conversations that appeal to human nature as some immutable, invariant, unassailable truth. This isn't an argument, this is an assertion. Speak for yourself. If you desire status over other people, admit it. I find your characterization of the billions rest of us crude.

Re:Bill Gross – Banking/finance “permanently damaged” [pdf] by jpadkins on Thursday March 03, 2016 @06:00PM (#11220743)
gravity existed long before we 'discovered' it. Trade and "the economy" existed long before we 'discovered' it too.

The economy is just as much about Cooperation as Competition. That's why we call it Free Trade.

> If you desire status over other people, admit it.

No, it's an observation of human behavior. When I see a large scale change in human behavior, I will change my opinion. What purpose do you debate on an internet forum that doesn't boil down to 'status seeking'. Think of all the the things we do all day that are essentially motivated by 'status seeking'.

Re:Bill Gross – Banking/finance “permanently damaged” [pdf] by danharaj on Thursday March 03, 2016 @07:34PM (#11221151)
The economy is not a thing that exists without society. Using it to refer to a specific object is at best a metaphorical shorthand for real phenomena or a dangerous fetishism. "Economy" is an ancient concept, perhaps one of the oldest human concepts. "The economy" is new. The way we use words changes, the way we use words is related to the way we understand the world. I really don't care what specifically you think the term "the economy" refers to in this context: I'm talking about the word, not the referent. I made an observation about a shift in the way we understand economy. Here: http://www.npr.org/sections/money/2014/02/28/283477546/the-i...

> No, it's an observation of human behavior. When I see a large scale change in human behavior, I will change my opinion. What purpose do you debate on an internet forum that doesn't boil down to 'status seeking'. Think of all the the things we do all day that are essentially motivated by 'status seeking'.

Um, do you honestly think i gain any status at all whatsoever with anyone because i argue on the Internet? Like, you have no idea what else could possibly be the result of conversation?

i don't think you have as deep an insight into human behavior as you think you do. You still haven't supported the assertion. Either your definition of status seeking renders the statement banal and vacuous, or incorrect. I'd like to hear what your definition is and your justification. What you see in human behavior isn't good enough: we see the same raw reality. We interpret it in different ways. Acting like your interpretation is just obvious doesn't cut it, especially when we're talking about the intentions of human beings. It is quite impossible to directly observe intention. It can only be interpreted from behavior.

Re:Bill Gross – Banking/finance “permanently damaged” [pdf] by eli_gottlieb on Friday March 04, 2016 @08:14AM (#11223491)
> But as long as there is human desire for status over other humans, there will be haves and have nots.

Oh, don't worry. We can fix that.