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MindReflects
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MindReflects
@MindReflects
Wisdom is about curiosity, reflection, the willingness to understand deeply and to put in the necessary effort. It is a journey.
Finland Katılım Haziran 2013
332 Takip Edilen57 Takipçiler

@Morrigon36 @HanikaAlex76444 @MaryRuwart I responded to your point that I would want everyone want to have an equal share.
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@MindReflects @HanikaAlex76444 @MaryRuwart What does that have to with anything? We have savings we have 401ks we have welfare if needed. 10% of the Americans pay 70% of the taxes now. Let's say they now pay the other 30% how has you life changed?
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@Morrigon36 @HanikaAlex76444 @MaryRuwart Money is an approximate representative of value, it is not the value itself. Value arises from human well-being fundamentally. We abstract it through context dependent ways to other things like food, shelter, tools, trade and money.
Value creating structures don't just disappear
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@MindReflects @HanikaAlex76444 @MaryRuwart how can they exist? are you going to label them billionaires but not let them be billionaires? And you just erased all this Value. You don't get money just less Value. You can't replace what you just took away. You can't create Value from thin air.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart No, I think that there should be a base safety net for all to guarantee everyone's basic survival and the wealth one accrues is strongly related to the value they produce through their work. Wealth extracted from others work should be taxed heavily.
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@MindReflects @HanikaAlex76444 @MaryRuwart Power can't justify itself in you world unless it never causes differences of opinion. I mean that's the point right your saying you should have an equal share of the pie no one would be able to have more or they would be too powerful.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart They exists but their wealth is less than a billion and still decreasing.
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@MindReflects @HanikaAlex76444 @MaryRuwart tax all billionaires out of existence i believe is what you said. There is no longer any billionaires right? Where are they. How can you have them alive and not alive at the same time. I think that's a cat thing
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@Morrigon36 @HanikaAlex76444 @MaryRuwart Certain hierarchical structures are fine. The point of a democracy is that power has to justify itself, it bases its actions on established rules, it is distributed, open to questioning and enjoys the consent of the governed. Then the power serves the interest of the people.
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@MindReflects @HanikaAlex76444 @MaryRuwart Not sure how you will run this country. Can't have leaders less they gain power. Somehow you will need to make make laws and rules that every single person agrees with
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@Morrigon36 @HanikaAlex76444 @MaryRuwart I've never stated that people should be killed.
All wealth derives itself from labor. Wealth that arises purely through property relations is exploitative as it is not based on work. Exploitation via property needs to be minimized, but perhaps it can never be ended.
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@MindReflects @HanikaAlex76444 @MaryRuwart Oh don't forget You just killed all of the people who used to pay taxes so now its a flat tax everyone will have to pay much more. Add all the free stuff Health, schooling, ect will need to come out as well.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart I am not against the workers, perhaps they could become the owners. The parasitic nature of the owners needs to be addressed.
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@MindReflects @HanikaAlex76444 @MaryRuwart You do realize Tesla is owned by over 48 mil People every employee gets stock options so they too own this company. By taking out one person you have just affected half of the USA in some way Destroying many lives.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart The value of the work isn't diminished by the fact that billionaires lose their power.
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@MindReflects @HanikaAlex76444 @MaryRuwart You have taxed every parasitic company that has a perceived unfair advantage of success now no jobs no growth no innovation. Congrats now we are going to replace it with what?
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@Morrigon36 @HanikaAlex76444 @MaryRuwart I said that billionaires should be taxed to oblivion. They represent a similar market failure as monopolies. Monopoly imbues a potential for great human suffering.
As state power needs to be subdued to the consent of the governed, the same applies to the power of private capital
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@MindReflects @HanikaAlex76444 @MaryRuwart You want to take a human being whom by all rights has equal value to you because that person became too successful by out optimizing and maximizing his income? I believe you put it as "Tax them out of Existence"
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@Morrigon36 @HanikaAlex76444 @MaryRuwart No, I don't want this. You are presenting a false dichotomy, where either you have an unrestricted notion of property rights or no property relations at all.
Both of these scenarios lead to absurdities. You are the one who seemingly founds morality through property relations.
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@MindReflects @HanikaAlex76444 @MaryRuwart But you said it was a monopoly. Do you want someone to come into your home and freely be able to take your stuff? Do you want someone to be able to keep your paycheck when they want?
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@Morrigon36 @HanikaAlex76444 @MaryRuwart The maximizing profit-mentality has to be restricted to specific contexts, otherwise it will cause only destruction and wars. This is the prisoners dilemma, where optimizing behavior leads to the worst outcome.
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@MindReflects @HanikaAlex76444 @MaryRuwart Do you give half your paycheck back to your employer every week? Or do you maximize your earnings and keep it for yourself? There is no moral reason not to keep what you have rightfully earned. How many times has someone taken your paycheck? Do you want them to?
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@Morrigon36 @HanikaAlex76444 @MaryRuwart I wouldn't say the situation is a monopoly, because it relates to the structure of markets within a larger society. But I would argue that it follows the same logic. If you hold a unique right to something valuable and you hold it to gain massive advantage, this is harmful.
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@MindReflects @HanikaAlex76444 @MaryRuwart Sounds like it to me yes. You saying by giving money to a campaign you believe in is the same as withholding water from someone. BTW no one can by law mopolize withhold water so again your avoiding the direct answer
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@Morrigon36 @HanikaAlex76444 @MaryRuwart If you believe in the notion of maximizing profits, A should use the situation to his maximal benefit, which will take everything from B.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart Rather, imagine two people A and B waking up in a room. A wakes up first declares ownership of all the materials within the room. As B wakes up and gets thirsty, the A can set arbitrary conditions for B to get water and B will accept the conditions to survive. Exploitative?
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@AlgebraFact The Moore-Penrose inverse has a nice property that also specifies it: Given an equation Ax = y that one would like to solve. Then the optimal approximate solution is x = By. This means that the By is the value x', where the value
|Ax' -y|
is minimal.
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@AlgebraFact A bounded linear map A:H_1->H_2 between Hilbert spaces has a Moore-Penrose inverse B, if
ABA = A
BAB = B
AB and BA are self-adjoints.
These conditions specify B uniquely.
Interestingly:
A has a Moore-Penrose inverse iff
A has a closed image.
Hence, every matrix has one.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart If an alien happened to own the Earth, would you consider it justified for it deny humans using the Earth for their sustenance? This would kill all humans.
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@Morrigon36 @HanikaAlex76444 @MaryRuwart In a monopoly a single actor has cornered a market with no essential competitors. Usually it is related to something people deem quite valuable.
When they own a given resource, then according to your logic they can do whatever they wish with it. Even if this hurts people.
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@MindReflects @HanikaAlex76444 @MaryRuwart You have every right to believe that what gives you the right to force it on people that don't?
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@Morrigon36 @HanikaAlex76444 @MaryRuwart The concentration of power is not an opinion. If a dictator is elected within a democracy, it doesn't change the fact the democracy likely collapses. An organism can self-destruct. Free actions might or might not be uninformed and self-destructive.
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@MindReflects @HanikaAlex76444 @MaryRuwart Your arguments are that people are doing things in a free society that you don't like. You want to stop people from doing all the things you feel is wrong... Is this right?
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