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Author Topic: Occupying Wallstreet  (Read 296071 times)

XXSockXX

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Re: Occupying Wallstreet
« Reply #4350 on: June 18, 2013, 05:03:09 pm »

If people work less, their productivity goes down.
This... isn't actually true, or at least not necessarily true. Overworking is a thing and tends to lower productivity. Further, there's a very definite and very strong "diminishing returns" to extra man hours, especially in heavily automated workplaces. After a point you just don't get more out of extra hours than it costs to have them. To boot, sometimes productivity is actually a bad thing -- you might be able to produce a trillion gizmos, but if the gizmo market is only buying up five hundred or so...

Also, if you're talking the states, while we are still one of the strongest manufacturing economies in the world, industrial production and exports hasn't been then backbone of our economy for years -- the states is a service economy now, full stop. We do some manufacturing on the side, but that's not our primary money maker, hasn't been for a while, and shows every sign of being even less so going into the future. Things are changing, y'know?
2 part-time jobs are costlier to the employer than 1 full-time worker. It's not the wages, it's the non-labour costs for social security, insurances, retirement funds. Talking about qualified workers, not low-paid low wage jobs.

No, I was talking about Germany. Service economy is important here too, but manufacturing and exports are still the biggest thing here.
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Sheb

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Re: Occupying Wallstreet
« Reply #4351 on: June 18, 2013, 05:09:38 pm »

Actually, service accounts for around 70% of the economy. Germany has more manufacturing than your average EU country, but its still a service economy.
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XXSockXX

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Re: Occupying Wallstreet
« Reply #4352 on: June 18, 2013, 05:23:25 pm »

Ok, but lots of services (logistics, IT etc) depend on the manufacturers directly or indirectly.
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Eagle_eye

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Re: Occupying Wallstreet
« Reply #4353 on: June 18, 2013, 07:03:39 pm »

That's the case with all services, everywhere.
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alexandertnt

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Re: Occupying Wallstreet
« Reply #4354 on: June 18, 2013, 11:38:49 pm »

Automation is a wonderful thing. It has enabled us to produce more food, collect and treat water more efficiently etc.

Imagine if we could completely automate the growing of food, there should be enough food for everyone regardless of their working status...

Quote
The problem isn't only that they can't save enough to do something else, but that they have mortgages and families and that they don't want to spent years getting the qualifications for another, more interesting job.

Increased automation should make things like constructing houses cheaper. So more automation everywhere should means less work, less money and cheaper stuff.
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SalmonGod

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Re: Occupying Wallstreet
« Reply #4355 on: June 18, 2013, 11:57:43 pm »

Automation is a wonderful thing. It has enabled us to produce more food, collect and treat water more efficiently etc.

Imagine if we could completely automate the growing of food, there should be enough food for everyone regardless of their working status...

It should be a wonderful thing.  We just haven't learned how to allow ourselves to appreciate it yet, as a society.

I've said it before, and I'll say it again.  We need to rethink the way our economy assigns value.  Basing it on scarcity doesn't work anymore.  There are more human beings than there is work to do.  There is more food and shelter than human beings.  Yet we only allow human beings that work to have access to food and shelter.  It's completely illogical, impractical, immoral, and broken, and it's only going to get worse.  We're clinging to models of organization for society that were developed for circumstances that no longer exist, and it's becoming a serious obstacle to progress in further improving our circumstances and achieving our potentials.  A universally guaranteed base income would be a major source of relief, and I fully support it.  However, I wouldn't call it a solution.
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In the land of twilight, under the moon
We dance for the idiots
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In the land of twilight

Maybe people should love for the sake of loving, and not with all of these optimization conditions.

Dutchling

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Re: Occupying Wallstreet
« Reply #4356 on: June 19, 2013, 04:02:45 am »

* Dutchling just hopes and assumes stuff will automatically get better and ignores all problems in the world.
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werty892

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Re: Occupying Wallstreet
« Reply #4357 on: June 19, 2013, 05:28:18 am »

Actually, recently, manufacturing has picked up again, but its not more people managing automated lines than hammering in 100 bolts a hour. Plus high tech industry is becoming a very important thing now, due to the large amounts of skilled workers.

XXSockXX

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Re: Occupying Wallstreet
« Reply #4358 on: June 19, 2013, 05:56:16 am »

Well, full automation is not coming anytime soon. I know a guy who works in a factory producing small engine components. He is basically programming and supervising machines. It is still assembly line work in a way, it just requires more skills and special training. The company has thousands of people working there and is still expanding, at least as long as the car industry hasn't collapsed yet.
It's the low qualification jobs in these factories that get automated or moved to China, jobs that were mostly done by low qualified people, often middle-aged women working part-time, that can't find other jobs that pay as well.
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Lagslayer

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Re: Occupying Wallstreet
« Reply #4359 on: June 19, 2013, 10:33:25 am »

I'd repeat my opinion on increasing automation, but I'm sure everyone here already knows it.

Descan

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Re: Occupying Wallstreet
« Reply #4360 on: June 19, 2013, 10:39:17 am »

Who are you, again?
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Dutchling

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Re: Occupying Wallstreet
« Reply #4361 on: June 19, 2013, 10:40:16 am »

Who are you, again?
He's the slayer of lag, obviously.
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SalmonGod

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Re: Occupying Wallstreet
« Reply #4362 on: July 26, 2013, 02:47:32 am »

Spoiler: remember this guy? (click to show/hide)

Update

Summary:  He got 8 months of paid vacation while under investigation.  The investigation found that he did a whole bunch of things horribly wrong, but still somehow came to the ultimate conclusion that his actions were appropriate.  He was fired anyway.  Now he's trying to claim psychological disability as resulting from the experience.
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In the land of twilight, under the moon
We dance for the idiots
As the end will come so soon
In the land of twilight

Maybe people should love for the sake of loving, and not with all of these optimization conditions.

SalmonGod

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Re: Occupying Wallstreet
« Reply #4363 on: July 26, 2013, 03:27:17 am »

Pretty much.  And I can understand he probably went through quite a bit after becoming internet infamous.  The problem I have with it is you don't see any of his victims claiming they're too psychologically damaged to work for the rest of their lives after the treatment he gave them, which was in some cases life-threatening.
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In the land of twilight, under the moon
We dance for the idiots
As the end will come so soon
In the land of twilight

Maybe people should love for the sake of loving, and not with all of these optimization conditions.

Urist Imiknorris

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Re: Occupying Wallstreet
« Reply #4364 on: July 26, 2013, 03:27:47 am »

The only good part of that is that he was fired.
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