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Re:IMF: Largest driver of EU inflation is corporate profits by pnt12 on Tuesday June 27, 2023 @06:25AM (#36491062)
But does it result in better quality of life? Maybe competitiveness is not the best target to optimize for.
Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Tuesday June 27, 2023 @07:57AM (#36491621)
Broadly speaking, competitiveness is the source of quality of life improvements, through its effect of expanding capital and thereby raising productivity.
Re:IMF: Largest driver of EU inflation is corporate profits by dpc050505 on Tuesday June 27, 2023 @08:08AM (#36491701)
that's a cute hypothesis where's the proof
Re:IMF: Largest driver of EU inflation is corporate profits by cool_dude85 on Tuesday June 27, 2023 @09:04AM (#36492152)
Well, you see, A = A, and from there the rest follows.
Re:IMF: Largest driver of EU inflation is corporate profits by kriops on Tuesday June 27, 2023 @12:03PM (#36494735)
Your comment, for one. What device did you use to make it?
Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Wednesday June 28, 2023 @02:52PM (#36510845)
And they could afford to own that device readily while almost certainly believing in one of the more regulated nations in the world, right?

How are the citizens in the least regulated doing on that front?

Yea....

Re:IMF: Largest driver of EU inflation is corporate profits by kriops on Thursday June 29, 2023 @09:32AM (#36520112)
You are conflating lack of regulations with lawlessness. If literal anarchy was the alternative, then you'd have a point.

Anyways, the device in question would simply not have existed if there wasn't for competition. His comment is thus evidence of its content being false.

Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Thursday June 29, 2023 @12:12PM (#36522435)
No. You're being either being willfully disingenuous or completely lacking knowledge of the variety in this world.

Plenty of nation that are not lawless but are effectively unregulated in the matters being discussed.

And they do not fit your supposition.

Really...

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Friday June 30, 2023 @09:21PM (#36545206)
>>Plenty of nation that are not lawless but are effectively unregulated in the matters being discussed.

Can you provide an example?

Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Sunday July 02, 2023 @08:46AM (#36560978)
Well, if you're not going to bother thinking on your own, I suppose I'll have to do it for you....

Worker protection against harrassment being a blatantly obvious one.

The type of discrimination women face varies from state to state. In 123 countries there are no laws to stop sexual harassment in education, and 59 countries don’t legislate against it in the workplace.

That lack of regulation inherently keeps women out of the workforce, specifically due to the lack of regulation.

Need I iterate more blatantly obvious examples?

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Monday July 03, 2023 @01:19AM (#36569213)
You're moving the goalposts, while launching a torrent of insults without provocation.

You wrote:

>>>>How are the citizens in the least regulated doing on that front?

Now you're noting that some countries don't have specific workplace condition mandates. Not having said law doesn't mean they meet the ideals noted, of having laws establishing a free market, while lacking regulations that restrict voluntary exchange. To elaborate: in order to prove classical economists' and libertarians' claims about the free market being optimal are wrong, you'd have to show far more than these cherry-picked examples.

Your argument is sloppy, and when I request for more vigor, you lash out to create a flame war. This is not intellectual or scientific.

I'm absolutely justified in demanding you support your claims with evidence, and your belligerent responses are not justified, no matter how morally superior you believe yourself to be.

Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Monday July 03, 2023 @07:45AM (#36571580)
Now you're being disingenuous, framing an answer to your explicit query as anything other than that.

You said "Can you provide an example of poorly performing economies which "are not lawless but are effectively unregulated in the matters being discussed"?" And that's what I was replying to.

I provided an entire class of people who are harmed in such nations, of which too many exist.

Just because they don't share your preferences doesn't change the fact they meet the criteria you set forth.

Re:IMF: Largest driver of EU inflation is corporate profits by mitchdoogle on Tuesday June 27, 2023 @10:25AM (#36493271)
In what world does competition increase quality of life? Competition results in more misery and less free time as people spend their time and energy trying to out compete one another.
Re:IMF: Largest driver of EU inflation is corporate profits by bulletsvshumans on Tuesday June 27, 2023 @07:22PM (#36500080)
The theory isn’t that completion makes things better for the competitors, it makes things better for the consumer they are competing over.
Re:IMF: Largest driver of EU inflation is corporate profits by bumby on Tuesday June 27, 2023 @12:04PM (#36494745)
If economic productivity is proportional to quality of life, why aren't most people doing everything they possibly can to maximize their productivity. E.g., working 20 hour days, foregoing children in order to produce more, trading vacation days for more work...

I'd argue it's because economic productivity is not the only input into well-being and quality of life.

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Wednesday June 28, 2023 @08:57PM (#36514974)
Lack of recreation and reproduction harms economic productivity in the long run. Everything valuable or good in life can ultimately be measured as contributing to productivity.
Re:IMF: Largest driver of EU inflation is corporate profits by bumby on Wednesday June 28, 2023 @10:22PM (#36515584)
That assumes is a goal in its own sake. I’m making an argument that productivity is a means to an end, not an end itself. It’s similar to the alignment problem of AI.

Put differently, do you think a lower quality of life is a worthwhile tradeoff if it raises productivity? What about the inverse?

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Friday June 30, 2023 @09:18PM (#36545183)
The goal should be to raise quality of life. The only way to do that is to raise productivity.
Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Wednesday June 28, 2023 @02:51PM (#36510821)
Then shouldn't countries with the least regulations have the highest QoL?

Then why does it seem to be the exact opposite?

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Wednesday June 28, 2023 @08:59PM (#36514982)
Some laws, like those against theft and violence, increase competitiveness. The ideal state has such laws - that establish a free market based on voluntary interaction - and little else. And indeed, states that get closest to this ideal have the best economic growth rates and trends in QoL improvements.
Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Wednesday June 28, 2023 @10:37PM (#36515676)
Nice handwaving....
Re:IMF: Largest driver of EU inflation is corporate profits by BoiledCabbage on Thursday June 29, 2023 @01:06AM (#36516524)
Competitiveness != Free Market

If fact, if you want competitiveness you need to prevent a fully free market.

No matter how many times this is explained, people still continue to make this incredibly simple and enormously consequential mistake.

If we're taking the reductionist view that economic output is the only important measure of society, then people need to understand that means maximizing competition not maximizing a free market.

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Friday June 30, 2023 @09:19PM (#36545194)
>>If fact, if you want competitiveness you need to prevent a fully free market.

I've seen no indication of that.

Re:IMF: Largest driver of EU inflation is corporate profits by antisthenes on Thursday June 29, 2023 @09:17AM (#36519957)
> And indeed, states that get closest to this ideal have the best economic growth rates and trends in QoL improvements.

Isn't this just a cleverly worded tautology? It's like saying healthy people tend to live longer and happier lives. But is it actionable information? Not really.

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Friday June 30, 2023 @09:19PM (#36545201)
How is that a tautology?
Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Sunday July 02, 2023 @08:48AM (#36560989)
And Sealioning is in action, and thus so is Poe's law.

No reasonable person could believe you're acting in good faith, right?

Really...

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Monday July 03, 2023 @01:15AM (#36569193)
I don't see any tautology in my statement so I asked for an elaboration, in good faith.

But your caustic response is anything but, so you've become the very thing you imagine me to be: a bad faith interlocutor.

Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Monday July 03, 2023 @07:47AM (#36571601)
Your action is definitional Sealioning from my perspective.

If you can't see it then take a step back and analyze the thread until you can see how others would perceive your reply as such.

Re:IMF: Largest driver of EU inflation is corporate profits by ETH_start on Tuesday July 04, 2023 @11:27PM (#36595214)
Again, I don't see the tautology in my statement, and I know I'm asking for elaboration in good faith, so there's no way I could see it from your perspective.
Re:IMF: Largest driver of EU inflation is corporate profits by DropInIn on Friday July 14, 2023 @11:41AM (#36725587)
If you can't see it from my perspective despite other readers clearly having been able (upvotes) then the problem is You, isn't it?