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United States22883 Posts
On May 05 2008 10:12 fusionsdf wrote:Show nested quote +On May 05 2008 10:07 Jibba wrote: I wonder how effective democracy can be under these circumstances. Not that I see alternative systems, nor would I exclude other western states from this criticism.
The market is supposed to correct itself. lol what? Democracy is a political extension of capitalism. Mistakes and bad decisions are bound to happen, but the guiding principle is that they will be self corrected by the people exerting what they want. No true democracies actually exist, but the point is the same. Democracy is effective, despite human error, because eventually we recognize and correct those errors. Or hopefully, that's what happens.
An error free system is impossible until everyone's dead.
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On May 05 2008 10:07 Jibba wrote:Show nested quote + That certainly helps in your situation.
Concerning Tasteless' question- Since I agree that the majority of Americans are "dumb" as in "too lazy to educate themselves/ think critically about what the media/government is feeding them"
Yeah, and that's what I was criticizing him for.
And I thought he was asking for information/ discussion in the very post you attacked. Strange...
I wonder how effective democracy can be under these circumstances. Not that I see alternative systems, nor would I exclude other western states from this criticism.
The market is supposed to correct itself.
Ouch.
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Cayman Islands24199 Posts
On May 05 2008 10:17 Jibba wrote:Show nested quote +On May 05 2008 10:12 fusionsdf wrote:On May 05 2008 10:07 Jibba wrote: I wonder how effective democracy can be under these circumstances. Not that I see alternative systems, nor would I exclude other western states from this criticism.
The market is supposed to correct itself. lol what? Democracy is a political extension of capitalism. Mistakes and bad decisions are bound to happen, but the guiding principle is that they will be self corrected by the people exerting what they want. No true democracies actually exist, but the point is the same. Democracy is effective, despite human error, because eventually we recognize and correct those errors. Or hopefully, that's what happens. An error free system is impossible until everyone's dead. except the 'market' is defined narrowly to exclude government and social efforts. it is a word created to privilege certain types of activity in certain theories of political economy. it will lose meaning if you expand it to mean 'the people.'
anyway, the market does not correct itself, rather it is a dynamic that may be interpreted as constantly in the process of correcting itself but never reaching the correction. there will be persistent flaws like eddies in a stream that has the same structure but are circulated by different water molecules. the fact of social ills is persistent in market economies and social programs are helpful here.
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On May 05 2008 10:17 Jibba wrote:
Democracy is a political extension of capitalism.
i didnt know ...
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United States22883 Posts
On May 05 2008 14:44 oneofthem wrote:Show nested quote +On May 05 2008 10:17 Jibba wrote:On May 05 2008 10:12 fusionsdf wrote:On May 05 2008 10:07 Jibba wrote: I wonder how effective democracy can be under these circumstances. Not that I see alternative systems, nor would I exclude other western states from this criticism.
The market is supposed to correct itself. lol what? Democracy is a political extension of capitalism. Mistakes and bad decisions are bound to happen, but the guiding principle is that they will be self corrected by the people exerting what they want. No true democracies actually exist, but the point is the same. Democracy is effective, despite human error, because eventually we recognize and correct those errors. Or hopefully, that's what happens. An error free system is impossible until everyone's dead. except the 'market' is defined narrowly to exclude government and social efforts. it is a word created to privilege certain types of activity in certain theories of political economy. it will lose meaning if you expand it to mean 'the people.' anyway, the market does not correct itself, rather it is a dynamic that may be interpreted as constantly in the process of correcting itself but never reaching the correction. there will be persistent flaws like eddies in a stream that has the same structure but are circulated by different water molecules. the fact of social ills is persistent in market economies and social programs are helpful here. I used it as an analogy for democracy, not as the actual market. And of course it never reaches the full correction, but it still self corrects.
BTW, Hillary is about to kill her own campaign with the holiday gas tax, especially since Obama has experience with it.
“I’m not going to put my lot in with economists,” Clinton told George Stephanopolous on ABC’s ‘This Week’ after he asked her to name a single economist supporting her plan.
Sounds great...
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Cayman Islands24199 Posts
well, as an analogy, it is a bit imperious with regard to current problems. things like positive democracy or the communitarian position and its associates would reject that analogy as simplistic or problematic. also, normally when people say markets autocorrect, they mean correct to a good place or an acceptable place. it is used normatively in most cases to say that the status quo is ok.
i have no idea of the context of that analogy, so w/e.
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I wonder what the political backlash, if any, will be if Clinton forces a vote for Florida and Michigan. Also I hope Obama wipes the floor with her in Carolina.
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clintons superdelegate lead over obama shrinks to 15, a new record low
tomorrow indiana and north carolina go to the polls
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http://www.motherjones.com/mojoblog/archives/2008/05/8146_who_does_the_ga.html
God, she's a cunt. To get to the juice of it....
STEPHANOPOULOS: Can you name one economist, a credible economist who supports the suspension? CLINTON: Well, you know, George, I think we've been for the last seven years seeing a tremendous amount of government power and elite opinion basically behind policies that haven't worked well for the middle class and hard-working Americans.... STEPHANOPOULOS: But can you name an economist who thinks this makes sense? CLINTON: Well, I'll tell you what, I'm not going to put my lot in with economists, because I know if we get it right, if we actually did it right, if we had a president who used all the tools of the presidency, we would design it in such a way that it would be implemented effectively.
/facepalm
Weve already got one president who ignore professionals and does what he wants. We dont need a second.
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CLINTON: Well, I'll tell you what, I'm not going to put my lot in with economists
ooh that quote could be really used against her during a recession
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Well it might be too late to make a difference today, but I hope he wins at least one state. Although it only comes to down to how much Clinton can win.
Also Clinton supports the Gas tax or w/e it's called, and her own party doesn't even support it.
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Any idea when today's results are gonna be published? If that unsympathetic hag actually makes it, I'm gonna puke.
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well indiana's polls close at 07:00 TL time so the results should start coming in soon thereafter
RATM rules!
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Polls close in 2 hours, you can bet several of us from the U.S. will be reporting returns up until winners are called. The expectation is that Clinton will win Indiana by a small margin and Obama will win N.C. by a larger margin, increasing his delegate lead. I'm very interested to see the results.
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CNN is starting to produce exit polling questions like:
Was Rev. Wright an important issue in your vote? 48% Yes 50% No
Has the economic slowdown affected you? Yes 54% Clinton 46% Obama No 54% Obama 46% Clinton
Indiana, Clinton Supporters: In a matchup with Obama and McCain in Nov. how would you vote: 48% Obama 33% McCain 17% Would not vote
NC, Clinton Supporters same question: 45% Obama 38% McCain 12% Would not vote
Indiana, Obama Supporters: In a matchup with Clinton and McCain in Nov. how would you vote: 59% Clinton 21% McCain 17% Would not vote
NC, Obama supporters same question: 70% Clinton 14% Would not vote 12% McCain
5 minutes until the first set of polls close. Indiana is weird in that it has 2 time zones so some will close an hour later.
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CNN has numbers posted but only @ 11% right now.
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Indiana 16% reporting Clinton 57% 102k Obama 43% 78k
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CNN projecting that Obama will take NC.
edit: He seems to be losing quite badly in Indiana
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