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02 November 2007

More quotations with links


"For the transhumanist movement to grow and become a serious challenge to their opposites, the bio-Luddites, they will need to distance themselves from their elitist anarcho-capitalist roots and clarify commitments to liberal democratic institutions, values and public policies."--James Hughes Ph.D.


"In Greek 'necessity'- anangke, serves also as the word for 'force,' 'constraint,' 'compulsion,' 'violence,' and 'duress.'"--Earl Shorris quoted by Jack Saturday


"Although their effect is similar, the economic laws which come into operation in an exchange economy such as capitalism are not natural laws, since they arise out of a specific set of social relationships existing between human beings."--Alan Johnstone


"Sure we need to survive, but let's acknowledge the desperation under this drive to take everything we do, are or think and try to get cash for it. It reminds me of a young child who shows her father a drawing. He playfully offers her a dollar for it and 15 minutes later she comes back with 5 more. What got lost there in between the first spontaneous artwork and the 5 subsequent calculated ones?"--szoutewelle


"Although some might disagree with me, I think the biopunk movement is pro-clone. Anything to change the way humans breed is a Good Thing. It gets us out of the mommy-daddy-baby continuum."--Annalee Newitz


"There is no third party payment scheme that allows me to ignore the fact that your time is 'worth' over twenty times per hour more than what I earn when I am working in the employ of others."--Roger N. Meyer


"I remember reading up on Carlyle in the months following 911. It was the firm that both the Bushes and bin Ladens held stock in. The private ownership dynamic certainly has had negative consequences for the public."--Bretton Jones

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31 October 2007

The aristocracy of push


The market economy is a tool which the more assertive use quite effectively to extract both producer and consumer surplus from the less assertive. The market economy is thus a meritocracy of assertiveness. That it is probably also a meritocracy of other things seems plausible, but this is of little consolation when there are few help wanted ads in fields other than sales or collections. The fact that well over 90% of openings are unadvertised is of little consolation when you don't have a (expletive deleted) "network."


According to the (expletive deleted) economics textbooks, extraction of surplus from producers or consumers is associated with incomplete information, price discrimination and market power (monopoly and monopsony). It seems obvious to me that pure assertiveness can also accomplish this result, quite independently of the competitive or informational condition of an industry. After all, everyone knows that the squeaky wheel gets the grease.

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