The future of the Forex industry - page 139

 
transcendreamer:

It happens, of course, but as we know most of those in the factory just sit there until retirement and nothing.

Business ideas for sale are a real market, just not formalised, a kind of private OTC.

Come to conferences where the Dreamer speaks and there you will get a bunch of ideas shoved in all pockets just hang on 😀😁🤣

What's wrong with living in a factory until retirement if everything in an employee's life is enough? To each his own. Business ideas are an exclusive activity. Plus out of that creative crap one in a million works)

At least throw me a link)

 
transcendreamer:

Well in general it is of course secondary, but in a stable economy it can be a very, very significant sale...

Circus, clowns and jesters are eternal members of any community.) And it's a serious and brutal business, actually.)

 

Interesting to read an issue of IMF magazine called A Wonderful New World (just like Huxley😁) https://www.imf.org/external/russian/pubs/ft/fandd/2020/12/pdf/fd1220r.pdf

It's all about inequality and the problem of distribution...

There are some comforting words in favour of those who think wage growth is being held back 😁 but it's certainly not so much evil capitalism, but a systemic problem and the advent of new technology - you just don't need as many workers when you can automate.

Inequality has now learnt to be investigated in real time by HFT and the affected groups have stood out, I won't spoil it 😁

Note that the low-skilled (cleaners, Ulad 😆) sagged harder in the pandemic than the high-skilled.

And the low skill deficit is affecting less than the high skill deficit - this is legitimate.

However, the dynamics have now levelled off and are coming together in clusters, see p. 15 (17 pdf).

In theory this should be the case - the less unique and valuable should suffer more.

The current economic upturn reminds us not of the letter U or V, but rather of the letter Y turned sideways: those who are benefiting from a recovery in the stock market or have jobs are on the upside of the Y and are not affected by the recession, those on the downside may have years of trouble ahead of them.

Some experts believe that there is now an acceleration of inequality and this is essentially structural and organic to the current phase of global capitalism, its linchpin on which capital accumulation and the structural element of modern globalisation is based...

It concerns all countries, not only those in the group of the Golden Billion, in particular the Higher School of Economics has noted: In terms of concentration of wealth in a narrow stratum of elites Russia is three times ahead of Japan and France (where 1% holds 19% and 20% of wealth), more than twice ahead of Italy, Britain and Canada (where 1% holds 25% of wealth) and 1.7 times ahead of the USA and China, where the 1% holds from 33 to 35% of the total wealth. The income stratification of the Russian society is much more acute than the proverbial difference between the 10% rich and the 10% poor (which the Gini coefficient takes into account): according to Credit Suisse, as of mid-2018 the richest 1% of Russians controlled 57% of all wealth in the country. The level of inequality in Russia was high even by the standards of Latin America and Asia. In Brazil, for example, the 1% of the population owns only 43% of assets, while in India it is 51%.

The distribution of income and wealth in the US is skewed in favour of the top five per cent of the population in terms of wealth, with the top 20 per cent far behind the other 80 per cent. Interestingly, the concentration of wealth is greater than the concentration of income. Wealth of the top 20 exceeds 80% and income of the top 20 is in the region of 60%. Tax cuts in the US have led to an improvement for the richer 😀

It is constantly pointed out that workers (the working class) cannot consolidate to stand up for their rights (no revolution) and that unions are no longer working as they used to for a number of reasons.

It is noted in almost every article that the market is not able to reach an optimal equilibrium on its own quickly and needs help, but it is also repeated that competition should be supported and money should not be given for nothing.





 
transcendreamer:

It's understandable, he might not realise he's sitting there for nothing...


Sociologists have noticed a shift in emphasis and bimodality, on the one hand in the shape of the curve it looks like a slightly flatter distribution more flatter, and on the other.... it could be the division of society into two classes, and oddly enough this is the scenario I periodically dream about, hardcore cyber feudal capitalism almost, corporate power, maybe what's happening in Silicon Valley is the beginning of such a process...

People are different, inequality is not a necessity for development, it is a property of the human community. Besides, any self-organization of society implies leadership and subordination. And there are many times more subordinates)

 
Valeriy Yastremskiy:

And the FAS for what.))) Even in 84m war competition, today we are at war with Oceania, tomorrow with Ostasia)

Super factory and Meta factory are levels above 😉

You can go from factory to another factory, but you can't get industrial exemption if you don't have special qualities.

If you consider your own entrepreneurship as a kind of factory too, you work even harder there than in someone else's factory 😀

 
transcendreamer:

There is a big difference between how the Pharaohs lived under the Pharaohs and now...

Not much has changed in terms of the structure of society and the motivation of its members. And progress... doesn't change much in psychosomatics.

How to manage Toner's slaves is also a good example that nothing has essentially changed in society. The boundaries have only shifted. And the tendencies of behaviour. motivations remain the same.

 
Valeriy Yastremskiy:

Many things have existed for centuries without creating anything, or creating and taking away more than creating)

It's not worth dissecting this topic 🤣

In fact here's crypto sort of starting to encroach on the long standing monopolies of banks.

I would however like to encroach on more.

I would like to encroach on the monetary and tax system and even the state itself as an institution.

(Comrade Major, this is just a philosophical discourse! Where are we going? Why the handcuffs? No, I am not an extremist! )

Obviously modern states have already outlived themselves in their bureaucratic clumsiness.

At best they should become an investment site for rent without the imposition of "extras".

Take for example the issue of rich people, which the local socialists so fiercely oppose.

A wealthy and sensible person will not simply stay in the field of the jurisdiction that takes away more income.

Unless it is compensated by something meaningful, something important to him.

He'll just choose a tax haven in another state and optimise himself through an umbrella fund or something.

The point of paying more? - That's why a heavily progressive tax scale doesn't work.

By the way, here's another reason not to renounce Russian citizenship: after all, 13% is 13% and not 40-50%!

Gradually we will come to realise that the state in its current form is an archaic relic. 😀

At the same time this does not negate the collective services of protection-defence-rescue etc.

It's just that all these things can be provided even more effectively by separately funded services.

And the examples of corporate cities show that they can be even more profitable than ordinary municipal cities.

 
Valeriy Yastremskiy:

Roman is different from Byzantine. And the early feudal or in different states the development of capitalism took place in the law which had either a Roman or Byzantine bias. And by the way the Byzantine variants almost all reached a state of almost absolute power of rulers.)

Monarchy can be under law even without parliament) and that's the Roman version of law. Also Mubarak is a prime example of 30 full years of Byzantine variant law.

So, there are differences in legal systems and quite significant ones.

The Grand French didn't bombard us with nothing.

 
Valeriy Yastremskiy:

The examples here are just the opposite, that people in power have the same weaknesses and attractions as everyone else. Casanova variants in literature and not quite traditionalists today have a place in the examples of promotion) And the drivers of promotion are communicativeness, sex, power for thousands of years. Nothing changes. Gender changes don't count.

No one has ever said that people in power are devoid of human qualities, that's understandable, but I wouldn't exaggerate bedding now, global property interests are still more important as well as the prestige factor.

 
Aleksei Stepanenko:

"The Invention of Lying is a fantasy film set in a world where no one knows what a lie is.

Utopia is obviously...

But does an incomplete truth count as a lie?

What if the lie is justified by the need for a greater purpose, as in Kant's example of the murderer?

Reason: