James

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James

@JReputables

On-site automation audits

Michigan, USA Katılım Kasım 2022
25 Takip Edilen825 Takipçiler
TJ Roberts
TJ Roberts@realTJRoberts·
Why do they all look like that?
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James@JReputables·
@SenWarren Hello! I’m Senator Warren: It’s time to tax the air you breathe. Just so you’re aware, you can’t tax inanimate objects. You can only tax people. What she really means is, it’s time to tax you for using AI.
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David-O
David-O@biz6s·
@JReputables @Rothmus Yes, greed is the ill of capitalism, but fear is the antidote. One could also argue that the ill of greed doesn't just disappear with socialism either.
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Rothmus 🏴
Rothmus 🏴@Rothmus·
As a young socialist, Hayek read Ludwig von Mises’ 1920 paper “Economic Calculation in the Socialist Commonwealth.” Mises showed that socialist central planning isn’t merely inefficient, it’s impossible. Without private property and genuine market prices, planners lack any rational way to allocate scarce resources or determine real costs and needs. Even Oskar Lange, a leading socialist in the calculation debate, effectively conceded the point. While he promoted “market socialism” with trial-and-error pricing by a central board, real-world socialist planners in Eastern Europe quietly relied on world capitalist market prices as a guide. Without external free-market price signals, pure socialism would be economically blind and coordination would collapse. Mises went further, arguing that interventionism, the “middle way” of government meddling, is inherently unstable. Each intervention creates problems that invite more interventions, eventually leading to full socialization. Price controls cause shortages, subsidies distort production, and the cycle continues until the economy is fully planned. The lesson is clear. Rational economics requires genuine market prices emerging from voluntary exchange and private property. Half-measures don’t stabilize the system. They accelerate the drift into central planning. The Austrian School understood this decades before the collapse of the Soviet bloc proved it in practice.
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James@JReputables·
@elonmusk You’re going to need Grok glasses!
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James@JReputables·
@elonmusk have you considered my idea for Grok glasses?
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James@JReputables·
@elonmusk have you considered grok glasses yet?
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James@JReputables·
@elonmusk what do you think about grok glasses?
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James@JReputables·
@elonmusk grok glasses are the future.
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James@JReputables·
@elonmusk What do you think about Grok glasses?
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