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Jeb Stuart Thurmond Jeb Stuart Thurmond is offline
Didn't write the Bible, just obeys it
 

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Default Everything you ever wanted to know about ECONOMICS! - 12-06-2007, 08:05 PM

What is economics?

Economics is about creating wealth.

What is wealth?

Good question.

For example, let's talk about two shirts, one which is worth a dollar and another which is worth a thousand dollars. One is an example of wealth, the other is something you shine your shoes with. But in reality the only difference is a logo. You see, one has a logo of a prestigeous designer on it, and the other doesn't.

The logo is not made of gold, it does not even do anything, yet it is wealth.

Does Wealth equal happiness?

Let's put it this way: 100% of the world's money, every last penny, is spent on happiness. Some people get their money's worth, and some don't. There's even moochers who have fun for free.

So, since wealth isn't happiness, we have to go back to the question of what wealth is.

What is wealth?

Good question.

Wealth is the ability to make yourself feel superior to others, and more importantly, to make others feel inferior to you.

That's what the logo on the thousand dollar shirt does. It provides everyone around you with proof of their inferiority.

Why else are jewels worth so much, even though costume jewelery looks identical? It's not good enough to look superior, one must have PROOF of superiority.

All other forms of wealth do the same. Fancy cars, big houses, etc.

For example, a century ago, if you had a car, you felt superior to everyone else who have horses. Yet today if you have a horse, you feel superior to everyone else, who has cars.

What's wrong with liberal economics?

Liberals think that if everyone has wealth, everyone will be happy. See the above question "Does wealth equal happiness?" to see why liberal economics is flawed. If we all had the same thousand dollar logo on our shirts, we would not all be getting 1000$ worth of happiness. On the contrary, we would all be wearing 1 dollar shirts, because it's impossible to feel superior or inferior to your equals.

In short, liberals want equality, which defeats the entire purpose of wealth, and therefore the entire purpose of economics.

Therefore the term "liberal economist" is a contradiction!

Why are the wealthy worse off than the poor?

Who do you think is wealther of these two people:



If you said Bill Gates, you're wrong.

The black guy is whiter than the people around him. He has an ipod and an ak47, while they don't even have food. He feels superior, and his starving peers feel inferior. Therefore he is wealthy.

Bill Gates is just as white as his peers, and while he has a mansion, trophy wife, and so on, his peers also have mansions and trophy wives. His mansion may have a few more rooms, but overall, this unfortunate white guy is basically equal to his peers. As far as he's concerned, he might as well live in communist North Korea.

Recently, the size of the middle class has been shrinking, while the amount of billionaires has been increasing. This means that the middle class gets to feel extra special, while the billionaires are less so. Also, luxory goods are going through massive, unprecidented inflation.

How is inflation hurting the wealthy?

Poor people think 3 dollar a gallon gas is bad. They need to stop their whining and take a look at the inflation the wealthy are facing:

Just a few months ago, we thought a $700 bible was a good example of wealth. Yet now there's a book selling for 3,000,000 dollars!

The highest-class dessert used to cost 1000$. Now it costs 25,000 dollars.

It's getting more and more expensive to prove ourselves superior, yet being lazy and inferior is as cheap as ever.

Why is free-market Haiti actually more prosperous than communist Cuba?

In Haiti, you can smoke a Cuban Cigar, blow the smoke in someone's face, and say "I can afford a Cuban cigar. I'm better then you are." Yet in Cuba, if you tried to do that, you'd just get smoke blown in your face in return, because Cuban cigars are everywhere in Cuba. And if you then stab that guy in the gut, he'll get free medical care. In Haiti, he would have gotten a septic infection and died an extremely slow and painful death, further proving your superiority.

Why are the poor better off in an unequal economy than an egalitarian one?

If you're a poor person in an unequal economy, you may have to put up with the short-term pain being knowing you're inferior, but there's always the hope that you'll strike it rich. Then you'll be able to prove your superiority to others.

In a liberal, egalitarian economy with universal education, health care, and so on, the poor have nothing to hope for. If they strike it rich, their kids will still be educated and get health care, just the same as everyone else. You can't feel superior to people who have the same quality of health care as you. That's why in liberal economies the poor are trapped in poverty. Since they'll have the same universal human rights whether they're rich or not, why bother?

What causes unemployment?

When people find ways to get happiness other than from feeling superior to others (yes, these types of happiness do exist, but no, I'm not going to tell you how to achieve them) they stop working. If you know how to get hapiness from fresh air and meeting people, what's to stop you from becoming a begger?

Also, public libraries and universal education create unemployment because education creates a phenomenon called "elitism"

What is elitism?

Elitism is when someone decides they are superior to others because they are more knowledgable. This is bad for the economy, because you don't have to work to become more knowledgable. In an elitist society, everyone would be trying to prove their superiority by learning stuff, instead of working. There would be mass unemployment.

Thus, the only proper way of proving your superiority is with money, not knowledge. This is why we oppose elitism.


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Last edited by Jeb Stuart Thurmond; 02-20-2014 at 02:30 PM.
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