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	<title>Comments on: Saving Capitalism From Capitalists</title>
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	<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/</link>
	<description>Making the World Safe for Liberalism</description>
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		<title>By: Steve from Canuckistan</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-2/#comment-550725</link>
		<dc:creator>Steve from Canuckistan</dc:creator>
		<pubDate>Thu, 25 Dec 2008 06:16:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550725</guid>
		<description>The righties want to take us back to the 1930&#039;s. In their twisted mind such an experience is supposed to purify society and set everything back to some kind of default setting that more appropriately conforms to the way they think society should be. They deflect blame for the crisis by spewing lies while clinging to the canard that it&#039;s all because of poor people (&quot;those people&quot; in the parlance of W&#039;s mother).  The rightie mind set is a good example of the Dunning-Kruger effect — ...when people are incompetent in the strategies they adopt to achieve success and satisfaction, they suffer a dual burden: Not only do they reach erroneous conclusions and make unfortunate choices, but their incompetence robs them of the ability to realize it. Instead, ...they are left with the mistaken impression that they are doing just fine.</description>
		<content:encoded><![CDATA[<p>The righties want to take us back to the 1930&#8217;s. In their twisted mind such an experience is supposed to purify society and set everything back to some kind of default setting that more appropriately conforms to the way they think society should be. They deflect blame for the crisis by spewing lies while clinging to the canard that it&#8217;s all because of poor people (&#8220;those people&#8221; in the parlance of W&#8217;s mother).  The rightie mind set is a good example of the Dunning-Kruger effect — &#8230;when people are incompetent in the strategies they adopt to achieve success and satisfaction, they suffer a dual burden: Not only do they reach erroneous conclusions and make unfortunate choices, but their incompetence robs them of the ability to realize it. Instead, &#8230;they are left with the mistaken impression that they are doing just fine.</p>
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		<title>By: Michael</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550708</link>
		<dc:creator>Michael</dc:creator>
		<pubDate>Wed, 24 Dec 2008 23:16:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550708</guid>
		<description>There is some value in the classical division of inputs and outputs; that is, land, labor and capital produce returns to each of rent, wage and interest respectively.

Now this division is not as these words may be used in ordinary speech; land encompasses all natural resources, for instance, and rent has a larger meaning that I don&#039;t want to try to explain right now. Anyhow not to write an essay here, but treating all inputs as capital (i.e., &quot;human capital&quot; -- a term which should offend anyone with the slightest sense) has pernicious effects.</description>
		<content:encoded><![CDATA[<p>There is some value in the classical division of inputs and outputs; that is, land, labor and capital produce returns to each of rent, wage and interest respectively.</p>
<p>Now this division is not as these words may be used in ordinary speech; land encompasses all natural resources, for instance, and rent has a larger meaning that I don&#8217;t want to try to explain right now. Anyhow not to write an essay here, but treating all inputs as capital (i.e., &#8220;human capital&#8221; &#8212; a term which should offend anyone with the slightest sense) has pernicious effects.</p>
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		<title>By: bill bush</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550692</link>
		<dc:creator>bill bush</dc:creator>
		<pubDate>Wed, 24 Dec 2008 14:38:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550692</guid>
		<description>This WaPo article (and especially the comments on it!) say so much about what has happened and what is happening.  http://www.washingtonpost.com/wp-dyn/content/article/2008/12/23/AR2008122302765.html?wprss=rss_print
Sorry I don&#039;t know how to make that a hyperlink or whatever you call those blue things that take you places instantly.  But it is worth the read.</description>
		<content:encoded><![CDATA[<p>This WaPo article (and especially the comments on it!) say so much about what has happened and what is happening.  <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/12/23/AR2008122302765.html?wprss=rss_print" rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/article/2008/12/23/AR2008122302765.html?wprss=rss_print</a><br />
Sorry I don&#8217;t know how to make that a hyperlink or whatever you call those blue things that take you places instantly.  But it is worth the read.</p>
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		<title>By: Doug Hughes</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550674</link>
		<dc:creator>Doug Hughes</dc:creator>
		<pubDate>Wed, 24 Dec 2008 02:28:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550674</guid>
		<description>To comment on the blog entry - which is spot-on, I lived through the Nixon years. I remember the phrase &#039;wage-price spiral&#039; which was the Rightie explanation for double-digit inflation (blame it on labor). Fast-forward to our current trade situation; we have a       $ 250,000,000,000 annual  trade deficit with China. The number is too big to wrap your mind around - 250 thousand times a million. A big chunk of that number represents not just lost jobs - entire industries are gone. And I wonder if Nixon knew and planned on using cheap Chinese labor to break the back of domestic labor? 

Nixon &#039;normalized&#039; relations with China, which paved the way to the demise of the US textile industry, electronics, and a host of other industries which migrated to super-cheap labor. Did Tricky-Dick know and is he laughing? He laid the foundation for the Tower of Conservatism. Bush completed the upper stories pushing the ultra-rich to hights they never reached before,. But the design robbed the middle class - the backbone of the building - of all structural integrity.

The short-term fix of the economy will include an infusion of job-creation by gov&#039;t spending, The long-term solution MUST involve the restoration of  the economic strength of the middle class. Conservatives are deathly afraid of &#039;protectionism &amp; isolationism&#039;  which makes me think that&#039;s a good place to start. I would run the numbers on tarrifs with the revenue earmarked to be the capital to restart domestic industries which could compete with the imports.  

Want to experiment? Make the companies employee-owned, employee-run; let the rank-and-file select management and design executive compensation. No one inside the beltway has the cohones to utter such blasphemey out loud.</description>
		<content:encoded><![CDATA[<p>To comment on the blog entry &#8211; which is spot-on, I lived through the Nixon years. I remember the phrase &#8216;wage-price spiral&#8217; which was the Rightie explanation for double-digit inflation (blame it on labor). Fast-forward to our current trade situation; we have a       $ 250,000,000,000 annual  trade deficit with China. The number is too big to wrap your mind around &#8211; 250 thousand times a million. A big chunk of that number represents not just lost jobs &#8211; entire industries are gone. And I wonder if Nixon knew and planned on using cheap Chinese labor to break the back of domestic labor? </p>
<p>Nixon &#8216;normalized&#8217; relations with China, which paved the way to the demise of the US textile industry, electronics, and a host of other industries which migrated to super-cheap labor. Did Tricky-Dick know and is he laughing? He laid the foundation for the Tower of Conservatism. Bush completed the upper stories pushing the ultra-rich to hights they never reached before,. But the design robbed the middle class &#8211; the backbone of the building &#8211; of all structural integrity.</p>
<p>The short-term fix of the economy will include an infusion of job-creation by gov&#8217;t spending, The long-term solution MUST involve the restoration of  the economic strength of the middle class. Conservatives are deathly afraid of &#8216;protectionism &amp; isolationism&#8217;  which makes me think that&#8217;s a good place to start. I would run the numbers on tarrifs with the revenue earmarked to be the capital to restart domestic industries which could compete with the imports.  </p>
<p>Want to experiment? Make the companies employee-owned, employee-run; let the rank-and-file select management and design executive compensation. No one inside the beltway has the cohones to utter such blasphemey out loud.</p>
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		<title>By: Doug Hughes</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550668</link>
		<dc:creator>Doug Hughes</dc:creator>
		<pubDate>Tue, 23 Dec 2008 21:34:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550668</guid>
		<description>&#039;I don&#039;t need lessons. I need discussion. Used to be what made this country great. Maybe we&#039;ll see if more taxes and more rules and less competiton and more secrets and higher utilities and crappy healthcare can make it great again.&quot;  Comment by Dave

This irked me. Dave has his mind made up. He also has all his facts wrong. Go over that last sentance - item by item. He has it ALL wrong. And he wants to &#039;debate&#039; from that premise. 

I stand by my previous statement. He has his head up his ass. Barbara should have banned him. Re tolerance. In the public sector - I am for it. 100% That&#039;s one reason Pastor Warren does not bother me. This is NOT a public forum!. Barbara does not post a LOT of what I write, and I do not object because it&#039;s HER forum, not just by ownership rights, but because she built it.</description>
		<content:encoded><![CDATA[<p>&#8216;I don&#8217;t need lessons. I need discussion. Used to be what made this country great. Maybe we&#8217;ll see if more taxes and more rules and less competiton and more secrets and higher utilities and crappy healthcare can make it great again.&#8221;  Comment by Dave</p>
<p>This irked me. Dave has his mind made up. He also has all his facts wrong. Go over that last sentance &#8211; item by item. He has it ALL wrong. And he wants to &#8216;debate&#8217; from that premise. </p>
<p>I stand by my previous statement. He has his head up his ass. Barbara should have banned him. Re tolerance. In the public sector &#8211; I am for it. 100% That&#8217;s one reason Pastor Warren does not bother me. This is NOT a public forum!. Barbara does not post a LOT of what I write, and I do not object because it&#8217;s HER forum, not just by ownership rights, but because she built it.</p>
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		<title>By: expat</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550666</link>
		<dc:creator>expat</dc:creator>
		<pubDate>Tue, 23 Dec 2008 20:48:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550666</guid>
		<description>May I inquire just what error eliminated my comment at 32 just after 6 am?</description>
		<content:encoded><![CDATA[<p>May I inquire just what error eliminated my comment at 32 just after 6 am?</p>
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		<title>By: maha</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550664</link>
		<dc:creator>maha</dc:creator>
		<pubDate>Tue, 23 Dec 2008 20:20:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550664</guid>
		<description>Thank you, joan. I may have been too hard on Dave, but I take it as a given that anyone who spouts common right-wing talking points as if they were received wisdom is not here to learn or debate. 

I&#039;ve been &quot;debating&quot; these people since the 1980s, before there was a Web. I tried reasoning with them back in the days of Usenet and CompuServe. I&#039;ve had it. It&#039;s always the same damn zombie nonsense that won&#039;t die, and I&#039;ve seen 8,734 times already, at least, and I&#039;m not responding any more. If they want to know what I think, they can read the archives.</description>
		<content:encoded><![CDATA[<p>Thank you, joan. I may have been too hard on Dave, but I take it as a given that anyone who spouts common right-wing talking points as if they were received wisdom is not here to learn or debate. </p>
<p>I&#8217;ve been &#8220;debating&#8221; these people since the 1980s, before there was a Web. I tried reasoning with them back in the days of Usenet and CompuServe. I&#8217;ve had it. It&#8217;s always the same damn zombie nonsense that won&#8217;t die, and I&#8217;ve seen 8,734 times already, at least, and I&#8217;m not responding any more. If they want to know what I think, they can read the archives.</p>
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		<title>By: joanr16</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550658</link>
		<dc:creator>joanr16</dc:creator>
		<pubDate>Tue, 23 Dec 2008 18:33:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550658</guid>
		<description>Dave wasted &lt;i&gt;two whole days&lt;/i&gt; writing comments that have no basis in fact.  Anyone who&#039;s not Dave, reread his comments if you don&#039;t believe me; I don&#039;t have time to reiterate all his nonsense.  I have a job, and a life.

It&#039;s impossible to &quot;debate&quot; someone who lacks even a basic understanding of the topic at hand, and when challenged, turns childishly petulant.  Like all of us, Dave was maha&#039;s guest here, although he behaved more like a vandal.  maha can ban whom she pleases, and Dave and his pals really can&#039;t say boo about it.</description>
		<content:encoded><![CDATA[<p>Dave wasted <i>two whole days</i> writing comments that have no basis in fact.  Anyone who&#8217;s not Dave, reread his comments if you don&#8217;t believe me; I don&#8217;t have time to reiterate all his nonsense.  I have a job, and a life.</p>
<p>It&#8217;s impossible to &#8220;debate&#8221; someone who lacks even a basic understanding of the topic at hand, and when challenged, turns childishly petulant.  Like all of us, Dave was maha&#8217;s guest here, although he behaved more like a vandal.  maha can ban whom she pleases, and Dave and his pals really can&#8217;t say boo about it.</p>
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		<title>By: A Canadian Reader</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550656</link>
		<dc:creator>A Canadian Reader</dc:creator>
		<pubDate>Tue, 23 Dec 2008 18:18:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550656</guid>
		<description>I find this series of comments very depressing.

Maha, I believe I understand your utter exhaustion. I myself no longer post comments on rightwing blogs. It is an exercise in futility. This is your blog and you certainly have a right to do with it as you please. And as you know, I greatly appreciate your thoughtful, intelligent commentary.

I don&#039;t know Dave. Perhaps his &quot;I&#039;m here to learn and discuss&quot; persona is real. Perhaps he&#039;s just another rightwinger looking to annoy and waste the time of thinking people. I have to say, though, that I really liked Moonbat&#039;s comprehensive response. Moonbat is obviously not as exhausted as Maha is--and with good reason, Maha! You&#039;re out in the virtual trenches every day, looking for the good and having to wallow in the stench and filth of the bad. At a certain point, even the (relatively for a libertarian/right winger) mild-mannered Dave can be enough to set someone off.

So thanks for the (as usual) great article, Maha. Mais du calme, s&#039;il vous plaît. And thanks to Moonbat too for responding to Dave. In fact, I feel the need to read the article he recommends too.

And as for Dave, all I can say is that the US is the only Western nation without universal health care. That, for me, says it all about the state of your union. And what it says isn&#039;t very good.</description>
		<content:encoded><![CDATA[<p>I find this series of comments very depressing.</p>
<p>Maha, I believe I understand your utter exhaustion. I myself no longer post comments on rightwing blogs. It is an exercise in futility. This is your blog and you certainly have a right to do with it as you please. And as you know, I greatly appreciate your thoughtful, intelligent commentary.</p>
<p>I don&#8217;t know Dave. Perhaps his &#8220;I&#8217;m here to learn and discuss&#8221; persona is real. Perhaps he&#8217;s just another rightwinger looking to annoy and waste the time of thinking people. I have to say, though, that I really liked Moonbat&#8217;s comprehensive response. Moonbat is obviously not as exhausted as Maha is&#8211;and with good reason, Maha! You&#8217;re out in the virtual trenches every day, looking for the good and having to wallow in the stench and filth of the bad. At a certain point, even the (relatively for a libertarian/right winger) mild-mannered Dave can be enough to set someone off.</p>
<p>So thanks for the (as usual) great article, Maha. Mais du calme, s&#8217;il vous plaît. And thanks to Moonbat too for responding to Dave. In fact, I feel the need to read the article he recommends too.</p>
<p>And as for Dave, all I can say is that the US is the only Western nation without universal health care. That, for me, says it all about the state of your union. And what it says isn&#8217;t very good.</p>
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		<title>By: maha</title>
		<link>http://www.mahablog.com/2008/12/22/saving-capitalism-from-capitalists/comment-page-1/#comment-550643</link>
		<dc:creator>maha</dc:creator>
		<pubDate>Tue, 23 Dec 2008 15:35:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.mahablog.com/?p=2955#comment-550643</guid>
		<description>&lt;i&gt;Get rid of everyone who disagrees!&lt;/i&gt;

People who disagree with me and can support their arguments with FACTS get my respect. I don&#039;t mind disagreement. It&#039;s the lies and fantasies you are spreading that I will not tolerate on my site.</description>
		<content:encoded><![CDATA[<p><i>Get rid of everyone who disagrees!</i></p>
<p>People who disagree with me and can support their arguments with FACTS get my respect. I don&#8217;t mind disagreement. It&#8217;s the lies and fantasies you are spreading that I will not tolerate on my site.</p>
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