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China's Superfast Bullet Train Shows Just How Far Behind The U.S. is

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4 hours ago, Lark said:

Sloop is right.   The supercarrier, nuclear subs, missile subs capable of shooting from underwater, tanks capable of shooting accurately while bouncing over craters, reactive armor, depleted uranium slugs to penetrate armor, stealth planes, gps to navigate missiles, heads up displays, semiautonomous drone warplanes, live video feeds from space, who knows what else.   Since WW II ended we’ve given the world so much that does so little good, while achieving so little domestic improvement that just wasn’t just a spin off of military technology.  Imagine if we actually tried to improve people’s lives.

I imagine that any attempt to stop spending like crazy on such things would be overwhelmingly voted down.

And lo, things I imagine actually happened. Not a lot of interest in that subject.

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1 hour ago, jzk said:

The idea that increasing economic freedom creates wealth and prosperity is not very controversial.  Even Krugman would agree.  Both China and Hong Kong serve to illustrate this concept, but in different ways.  Again, nothing too controversial about that.  

But that has little to do with your repeatedly making false claims about what I said, such as the private bank thing.  Still waiting for that quote. 

They also serve to illustrate the concept that strong central planning increases wealth and prosperity..... in fact when compared to the USA, they show this more strongly than what you claim. Of course, what they both REALLY prove is that spending money on education is a very good investment.

False claims? I've quoted you until the "quote" button is wearing out. Maybe this will help

0b_internet.jpg.2bc8968c27895b4b5b1a2b284104932b.jpg

Or maybe you've already read it, there's apparently a whole chapter on how to claim your opponent is lying.

-DSK

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4 minutes ago, Steam Flyer said:

They also serve to illustrate the concept that strong central planning increases wealth and prosperity.

The thing is, it does so mostly for those who already are wealthy and powerful and disproportionately tends to NOT do it for those who need it most.

This guy said it pretty well:

Quote

Allowing the government to take property solely for public purposes is bad enough, but extending the concept of public purpose to encompass any economically beneficial goal guarantees that these losses will fall disproportionately on poor communities. Those communities are not only systematically less likely to put their lands to the highest and best social use, but are also the least politically powerful.

 

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4 minutes ago, Steam Flyer said:

They also serve to illustrate the concept that strong central planning increases wealth and prosperity..... in fact when compared to the USA, they show this more strongly than what you claim. Of course, what they both REALLY prove is that spending money on education is a very good investment.

False claims? I've quoted you until the "quote" button is wearing out. Maybe this will help

0b_internet.jpg.2bc8968c27895b4b5b1a2b284104932b.jpg

Or maybe you've already read it, there's apparently a whole chapter on how to claim your opponent is lying.

-DSK

No they don't.  Hong Kong had hardly any central planning.  It became richer than the US per capita.  China was all centrally planned.  It experienced famine, and millions died.  Then China implemented a small amount of economic freedom, and now it too is getting rich.  

You stated:

"You attempted to prove that there are private banks in China..."

Quote where I attempted to prove that.

 

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11 minutes ago, Steam Flyer said:

They also serve to illustrate the concept that strong central planning increases wealth and prosperity..... in fact when compared to the USA, they show this more strongly than what you claim. Of course, what they both REALLY prove is that spending money on education is a very good investment.

False claims? I've quoted you until the "quote" button is wearing out. Maybe this will help

0b_internet.jpg.2bc8968c27895b4b5b1a2b284104932b.jpg

Or maybe you've already read it, there's apparently a whole chapter on how to claim your opponent is lying.

-DSK

He's too stupid to get it. You're yelling at a fire hydrant.

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3 minutes ago, Uncooperative Tom said:
10 minutes ago, Steam Flyer said:

They also serve to illustrate the concept that strong central planning increases wealth and prosperity.

The thing is, it does so mostly for those who already are wealthy and powerful and disproportionately tends to NOT do it for those who need it most.

Agreed..... after all, who is most likely to have a ringside seat in the group -doing- the central planning?

-DSK

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3 minutes ago, Steam Flyer said:

Agreed..... after all, who is most likely to have a ringside seat in the group -doing- the central planning?

-DSK

In that case, Pfizer and the only people interested in the plight of those left out: nosy libertarians at the Institute for Justice.

And what I've been saying in this thread is that those same people are still at the IJ and if Trump High Speed Railways wanted to take land, they'd cause lots of trouble and expense again. We're Uncooperative that way.

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9 hours ago, Steam Flyer said:

Agreed..... after all, who is most likely to have a ringside seat in the group -doing- the central planning?

-DSK

I have given you examples of how increasing economic freedom increases wealth and prosperity for the common man.  Where has central planning increased wealth and prosperity for the common man?

In case you forgot, or you just want to make up a bunch of shit, or lie about what I said, here are the examples of how economic freedom creates wealth and prosperity for the common man:

Hong Kong (part of China since 1997) - continues to be the most economic free area in the world and is richer than the US in terms of GDP per capita.

China - Was 100% centrally planned right through the end of the great famine where tens of millions died.  Then in the 1970s, China began instituting capitalistic market forms including privately owned corporations that produced goods and traded them in the global marketplace.  This has caused China to bring more people out of grinding poverty faster than any nation in the history of the world.  However, GDP per capita is still less than 1/3 of that of Hong Kong or the US.

US - The period between 1800 and 1920 was arguably the greatest advance of human civilization in history.  A similar thing happened in Sweden between 1850 and 1950.  Both economic systems leaned very close to capitalism.  During this time in the US of what you would call "unbridled capitalism," lifespans increase for the common man, and people flocked to the US.  When they found out what was going on here, they sent for their families and friends.

Ok, now your turn.  List the countries that have made the poor rich through central planning.  And if you get a chance, don't forget how you were going to quote me saying something about proving that there are private banks in China.  Still waiting on that one.

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14 hours ago, Ishmael said:

He's too stupid to get it. You're yelling at a fire hydrant.

I thought they were for pissing on?

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47 minutes ago, SloopJonB said:

I thought they were for pissing on?

That's Dog's job.

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13 hours ago, jzk said:

.....

Ok, now your turn.  List the countries that have made the poor rich through central planning.

China..... your favorite example. They have a lot more central planning and gov't control than the US. More of them are getting richer faster. Why is it "capitalism" and not "central planning?"

You make the unjustified assumption that a factor you like is causing the change you like. Economics is not an exact science but it is more of a science than you seem to grasp

If you were discussing medical research, you might be suggesting that wearing blue shirts cures cancer because X% of the patients who wore blue shirts had positive outcomes.

-DSK

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7 minutes ago, Steam Flyer said:

China..... your favorite example. They have a lot more central planning and gov't control than the US. More of them are getting richer faster. Why is it "capitalism" and not "central planning?"

You make the unjustified assumption that a factor you like is causing the change you like. Economics is not an exact science but it is more of a science than you seem to grasp

If you were discussing medical research, you might be suggesting that wearing blue shirts cures cancer because X% of the patients who wore blue shirts had positive outcomes.

-DSK

Yeah, when China was 100% centrally planned, it was dirt poor and experienced the great famine in modern times.  Then when it began implementing some economic freedom, it started to become wealthy.   Not a very good case to prove central planning creates wealth and prosperity.  

The people in China that are getting rich are doing it by starting and owning a business and trading in the global marketplace.  

Still, China is no where near as wealthy per capita as Hong Kong, the US, or any of the top ten economic free countries.  

In fact, can you name any countries with centrally planned economies in the top 30 wealthiest countries?  

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30 minutes ago, jzk said:

Yeah, when China was 100% centrally planned, it was dirt poor and experienced the great famine in modern times.  Then when it began implementing some economic freedom, it started to become wealthy.   Not a very good case to prove central planning creates wealth and prosperity.  

 

Not really. Before that, it was centrally planned and by far the wealthiest country in the world.

Fact: China is becoming wealthier faster than the US and they have more central planning in their economy.

Just because you keep repeating something you like, doesn't make it true.

33 minutes ago, jzk said:

...    ...    ...

Still, China is no where near as wealthy per capita as Hong Kong, the US, or any of the top ten economic free countries.  

In fact, can you name any countries with centrally planned economies in the top 30 wealthiest countries?  

If the US is MORE economically free, and CHina is getting richer faster, that would seem to strongly disprove your point.

Can you name the top 30 countries, at all? Without googling them? Or even with googling them, for that matter?

You continue to ignore my questions and make stupid assertions with little or no factual cause.

-DSK

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20 minutes ago, Steam Flyer said:

Not really. Before that, it was centrally planned and by far the wealthiest country in the world.

Fact: China is becoming wealthier faster than the US and they have more central planning in their economy.

Just because you keep repeating something you like, doesn't make it true.

If the US is MORE economically free, and CHina is getting richer faster, that would seem to strongly disprove your point.

Can you name the top 30 countries, at all? Without googling them? Or even with googling them, for that matter?

You continue to ignore my questions and make stupid assertions with little or no factual cause.

-DSK

Your only case that central planning produces wealth and prosperity is that in ancient times, China was the wealthiest country in the world?

That is about as weak as it gets.

That China is advancing faster than the US is evidence of nothing.  The US is virtually at the top.  China is coming from the bottom of the bottom.  How could it not advance faster than us?   It is evidence of nothing.  

If I you have $1 to your name, is it easier for you to double your wealth, or Bill Gates?  

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3 minutes ago, jzk said:

Your only case that central planning produces wealth and prosperity is that in ancient times, China was the wealthiest country in the world?

That is about as weak as it gets.

...    ...

Actually it was far more recent than "ancient times." You don't know when China lost it's rating at the top of the world's economies, and you blurt out an answer without bothering to look it up.

Your ignorance makes your pronouncements on economic matters as weak as it gets.

-DSK

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7 minutes ago, Steam Flyer said:

Actually it was far more recent than "ancient times." You don't know when China lost it's rating at the top of the world's economies, and you blurt out an answer without bothering to look it up.

Your ignorance makes your pronouncements on economic matters as weak as it gets.

-DSK

Was it right about the time that the economically free US surpassed China being centrally planned?

Wow, you really made your case there.

China has the largest economy now.  But that doesn't mean that its people are wealthier than the people of the US.  China is just much bigger.  And it was back then too, when it was previously the largest economy in the world.  Dirt poor by our economically free standards.  

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On 5/18/2018 at 9:17 PM, Ishmael said:

He's too stupid to get it. You're yelling at a fire hydrant.

Quit insulting fire hydrants 

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Don’t forget the Japanese miracle. Also centrally planned. 

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9 minutes ago, Raz'r said:

Don’t forget the Japanese miracle. Also centrally planned. 

Japan is the early warning system for the rest of the industrialised world.

They peaked early.

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3 minutes ago, random said:

Japan is the early warning system for the rest of the industrialised world.

They peaked early.

Demographics are destiny. If they had let in migrants, they wouldn’t have the issues they have.

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9 hours ago, Raz'r said:

Don’t forget the Japanese miracle. Also centrally planned. 

Yeah, the centrally planed "miracle" of the Japanese economy.  Interesting that you brought that up.  

How is that central planning working out?

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On 5/20/2018 at 7:46 PM, Raz'r said:

Poor jerkie boy:

It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity(PPP).[17][18] and is the world's second largest developed economy.[19]

What is pathetic about this post is that you don't even know why you wouldn't want Japan as your poster child economy.  Just pathetic.

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