I guess democracies have their issues too... I wonder how we get around
that with the president. (Yes, that's tongue in cheek.)


On Wed, Jan 9, 2013 at 8:53 PM, Charles Hixson
<[email protected]>wrote:

>  Sorry, you've just concentrated power in the hands of a management that
> has already been shown to be incredibly corrupt.  (My take on this is that
> lack of consequences leads to corruption, but that's a slightly different
> topic.)  Many corporation pay their top management *extremely* large
> salaries, while shafting both the lower level employees and the
> stockholders.  In fact many corporations pay their top executives huge
> salaries while losing money hand over fist.
>
> On 01/08/2013 03:30 PM, Aaron Hosford wrote:
>
> If every citizen owned an equal share of every major corporation, all
> those profits wouldn't be concentrated in the hands of the few, and
> unnecessary competition would cease to be an issue. Additionally, the
> interests of the shareholders would then be aligned with the interests of
> the customers, meaning corporations would no longer be expected to screw
> their customers in favor of their shareholders. (Imagine the effect on
> advertising!) Furthermore, as jobs are automated away, the dividends to all
> would smoothly increase due to the cost savings, acting as social welfare
> without the need for government intervention, the proverbial robbing of
> Peter to pay Paul.
>
>  It's called the cooperative business model, and it has all the benefits
> of the capitalist model and the socialist model combined, without their
> flaws. Your neighborhood credit union is one, and it probably was
> established during the Great Depression to deal with the monetary woes that
> came from the last great wave of automation, when people stopped working on
> farms. But currently cooperatives aren't universal. I'd like to see a
> universal cooperative, one whose sole basis for an ownership share is
> citizenship. I think this is probably the only way to smoothly transition
> from our current economic model into one that's both efficient and fair.
>
>
>
> On Fri, Dec 28, 2012 at 11:04 PM, just camel <[email protected]> wrote:
>
> Because in a competitive environment which _requires_ exponential economic
> growth you get all the problems we are facing today. You just ignore
> technological unemployment and social asymmetries that get bigger and
> bigger. Today only a few people benefit from robots/AI and millions suffer
> because this socioeconomic framework does not provide them with the
> necessities of life once their job is no longer required to due higher
> efficiency/automation. Do you suggest that all the millions of people
> working at McDonalds will find new jobs in AGI R&D? Why do the most
> intelligent people on this planet have such a hard time to think outside
> the box when it comes to economics?
>
>
> On 01/08/2013 01:19 PM, Matt Mahoney wrote:
>
>  I fail to see why people get upset over the prospects of robots doing
> their work for them, and the economic growth, freedom, and improved
> living conditions that go along with it.
>
> --
> -- Matt Mahoney, [email protected]
>
>
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