In this case, the common resource is the labor pool. Everyone dips into it to create things at the lowest marginal cost, and (conceivably) becomes so degraded that it no longer functions properly.
That is all true.
However, your analysis fails to take into account the tragedy of the commons. If you can dupe people into working for a system that leads to inefficient consequences for them personally, they will vote to tax you to fix it later nullifying your temporary gains.
Let's say your uninformed, low paid worker cannot afford health insurance and cannot afford to (or doesn't) educate themselves about the consequences of not taking care of themselves. Can you think of any potential consequences that may come as a result in the future? (i.e. individual mandates, expanded medicare/medicaid, exploding disability costs, lots of tax/borrow/print and spend politics, massive economic crisis)
The other commodities cannot vote.
We're not alone. China and Germany are right here with us. For some reason, people have decided mercantilism is a good system worth emulating everywhere around the globe.
China is kind of a surprise. They went from very socialist to very fascist really quickly.
I'm going to agree with Richard. Humanity doesn't exist to serve markets. If you allow humans to be commoditized it leads inevitably to facism. Mercantilism and militarism destroy free markets.
Hmmm
I always thought that most of the law school astroturfers were on the other side of the fence. Maybe we're both suffering from a confirmation bias.
Personally, I think of this site as interactive news and comedy. It's almost like a Colbert Report or Daily Show, but you get to join in the mocking/stupidity. It's too bad we cannot really know who really is here for news/comedy and who is being paid.
I think I would ban the kids from the bus for the rest of the year, give them a 3 day or week long suspension from school and/or a bunch of Saturday detentions.
This could be epic. After we get rid of encryption and VPNs, maybe congress should finally get around to banning DiHydrogenMonoxide.
We should ban phosphorus while we're at it too. That stuff can be just as dangerous.
Those aren't even very good tools. Well, by the time they find the good ones, someone else will have a better method.
I saw this on CNN. It's hard to watch. I may have been a bit of a bastard when I was a kid, but I was NOTHING like that.
*grumbles* kids these days *grumbles*
Awww, I must be getting old.
Part of the rational that said corporations can donate unlimited amounts of money and run ads with very few restrictions was that it didn't really matter whether corporations were people or not.
The right to free speech included the right of the people to hear the speech unfettered. Whether or not Citizens United was a good idea, it seems that the SCOTUS has already ruled on this issue.
I'm going to call this a bit over the top. If there is anything that probably won't be at the top of the priority list in the event of civil insurrection or war on American soil, it's copyright law.
WE poisoned the well. Right. These people poisoned themselves by attacking what they were sworn to protect.
Look out guys, the lawyers are warning the engineers about the limitations of our technology.
You cannot legislate physics. If the lawyers really want a technology that works the way they WISH it worked, they can become engineers. When you're done programming the artificial intelligence that can somehow evaluate the copyright status of a 1 or 0 reliably and has an enforcement mechanism that won't target legitimate expression let the rest of us know. You may be in the running for a Nobel prize.
I guess I missed that one. Maybe the next comic should be Carreon taking drugs directly from child cancer patients.
He should just donate a little to the fundraiser himself, apologize (jokingly) to his mother for getting her dragged into this, and, most importantly, show he can laugh at himself online by making a self deprecating statement about the whole mess.
That or he could just keep digging I guess. Either way, he will provide at least another week of entertainment, maybe more.
We're not celebrating corrupt policy makers in Washington. We're celebrating those who have sacrificed trying to give us a better world. Whether a particular result was worth it or not, the soldiers on the ground deserve our respect.
So, you know, go fuck yourself.
Because lobbyists keep trying to kill any attempt to inject real competition in the market.
The unprecedented part is the fact that what they are negotiating keeps getting discussed in real time on the internet instead of it being spoon fed through favored media outlets.
It's probably an unprecedented pain in the ass for them.
Regulation would just be a stop gap measure. What we need is a fiber build out that would provide some meaningful competition instead.
Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: Re: One disagreement
Also, I don't understand why economists say "non market means". This is not specific to you. I just object to the term in general. Since the reality is we do commoditize human beings through the labor market, we must acknowledge that war, disease, taxes, government, and the various other risks of the human condition are a natural part of that market and factor it into the price. Pretending that they aren't market forces seems disingenuous.