|
Korean Job Discussion Forums
"The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
|
| View previous topic :: View next topic |
| Author |
Message |
Kuros
Joined: 27 Apr 2004
|
 Posted: Mon Oct 13, 2008 10:38 am Post subject: |
 |
|
| Adventurer wrote: |
| It is easy to go against what Chomsky said, but is Chomsky essentially wrong? I don't think. |
Mises & Adventurer,
No, Chomsky is not wrong. He is right. But he doesn't teach me anything. This is not a complaint, its a frank expression of Chomsky's limitations.
Neither is it simply a complaint when I said that much of the Democratic primaries was spent running against George Bush. Bush's administration won't be around in January. I wanted, and I still want, solutions.
So, the current system is anti-Democratic. Yes, I agree. Where do I go from here? This is when the bickering begins. Does Chomsky help us in this regard? |
|
| Back to top |
|
 |
mises
Joined: 05 Nov 2007
Location: retired
|
| Posted: Mon Oct 13, 2008 10:45 am Post subject: |
|
|
| Quote: |
| This is when the bickering begins. Does Chomsky help us in this regard? |
Only if you want to live in an anarcho-syndicalist society. |
|
| Back to top |
|
|
Gopher
Joined: 04 Jun 2005
|
| Posted: Mon Oct 13, 2008 2:46 pm Post subject: |
|
|
| mises wrote: |
| But that doesn't change that sometimes he is right. |
All right. Here is a point where we may agree. I agree with this, in principle. People are sometimes right, and they are sometimes wrong. It is unlikely that someone may be always right or always wrong. So I understand and I also support where you are coming from.
I still disagree with you on N. Chomsky, in particular. The guy is a highly-committed propagandist and I think this taints nearly everything he has to say about the United States.
Further, as Kuros alludes to, there is nothing, absolutely nothing, that Chomsky has to offer me that I cannot get elsewhere, from more credible quarters. The dye has long been cast on Chomsky, Mises. And, no matter how right you are where I excerpt you, above, and you are totally in the right, Chomsky is out (unless, as in most of his supporters' cases, you find yourself singing in his choir, always nodding your head "yes" whenever he speaks his gospel to you). |
|
| Back to top |
|
|
Adventurer
Joined: 28 Jan 2006
|
| Posted: Mon Oct 13, 2008 7:12 pm Post subject: |
|
|
| mises wrote: |
Sure. I think the dude can be breathtakingly dishonest and he is clearly one-sided or anti-American. But that doesn't change that sometimes he is right. He has a solid habit of manufacturing sources, and citing people who cite him as a primary source.
As I said:
| Quote: |
| If he said the sky was blue, I wouldn't then assume a blue sky is merely a leftist conspiracy to unwrap the military industrial complex. |
The OP is not a referendum on NC. Or me, or Adventurers supposedly anti-American views.
These bankers, hedge fund managers and the rest made billions upon billions in bonuses and wages with a total disregard for the wider economic impact. They should have their bonuses from the last 3 years appropriated by the state and applied to any bailout. |
Mises, do you take your handle from Ludwing Von Mises as connected to Vienna?I am pro-democratic, I love America, but it is not my golden calf, and I don't approve of how the economy has moved too much into an entrepreneurship type economic which was more prevalent in the 1960s to a speculator, debt-finance type economy, and there is too much of a focus on having consumer spending prop up the economy. That's not based on true production, my friend. That should change. We cannot simply rely on military might. That won't work in the long-run, and the citizenry of the United States should not be exploited for the short-term gains of financial privateers who put the whole economy at risk for small business who tend to actually create things, and the public at large.
As far as solutions to the problem, we have to move the U.S. back into a more enterpreneurial type system rather than a system focused so much on the speculators, and we must reduce the deficit financing which has been par for the course for too long, and I would suggest that economists who are not in bed with Wall Street be enlisted to steer the ship.
We do need banking regulation and the government needs to enforce its rules on lending and the like. The government has been too lax it appears, and it is so easy to blame the Federal Reserve, but it is only one of the players. The FDIC is also important in this whole mess, so is the SEC, and also the Comptroller of the currency. Have they adequately enforced the regulations in place, so that this wouldn't have happened?
I am not sure that has occured? If so, why not? In response to Kuros, we should have more oversight in the various organs associated with monetary and fiscal policies to ensure they are enforcing the standards they are supposed to enforce.
I do like some of N.C.'s work, because he has some good insights regarding some political events and affairs. However, I oppose anarchism and communism.
What about the repeal of the Glass-Steagall Act? Was that a good idea?
Also, this is not the first time the Fed and Government have had to bail out financial institutions in recent memory. |
|
| Back to top |
|
|
mises
Joined: 05 Nov 2007
Location: retired
|
| Posted: Tue Oct 14, 2008 8:30 am Post subject: |
|
|
| Quote: |
| Mises, do you take your handle from Ludwing Von Mises as connected to Vienna?I am pro-democratic, I love America, but it is not my golden calf, and I don't approve of how the economy has moved too much into an entrepreneurship type economic which was more prevalent in the 1960s to a speculator, debt-finance type economy, and there is too much of a focus on having consumer spending prop up the economy. That's not based on true production, my friend. That should change. We cannot simply rely on military might. That won't work in the long-run, and the citizenry of the United States should not be exploited for the short-term gains of financial privateers who put the whole economy at risk for small business who tend to actually create things, and the public at large. |
Yeah, I like the Austrian critique of monetary policy. I agree with your post in entirety. I am, personally, an extraordinarily conservative person financially. I see wealth or money not in terms of consumption but security. |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
