Comments on: Who will take the blame for the Great Depression of 2010?

By: Malcolm McClure

Malcolm McClure — Sun, 15 Mar 2009 10:13:42 +0000

Wise old Samuel Johnson said: “Subordination tends greatly to human happiness. Were we all upon an equality, we should have no other enjoyment than mere animal pleasure. “

By: Tim

Tim — Sun, 15 Mar 2009 00:22:35 +0000

Colin, wills, Interestingly, this is rather akin to the manner in which humans live in Gene Roddenberry’s “Star Trek”.

Money is no longer required; people contribute to human society by doing whatever they are good at. No differential is applied in terms of reward. Hierarchy is restricted to operating within specific disciplines, only, and is exclusively meritocratic.

What did Roddenberry know, in the ’50s, that we may be only learning now?

By: Tim

Tim — Fri, 13 Mar 2009 22:41:54 +0000

gquinn, will do.

By: gquinn

gquinn — Fri, 13 Mar 2009 20:01:24 +0000

Yes, of course. I do plan to come back to Ireland and live here and I dont want the country to be run by people who have not got wants in the best interest for Ireland at their heart.

I cant make the March 15th as I’m going to be in the USA for St Patricks week. If there are any more meetings being scheduled then if you can let me know with plenty of notice, I would like to come.

I agree that in the middle of a crisis is the time for change as history has taught us that leason whether its for good or bad.

By: wills

wills — Fri, 13 Mar 2009 15:28:53 +0000

@tim;
brilliant post…,credit utility in its proper using functionality more working as a system of exchange in real terms as opposed to abstract terms tim. So this would mean any unit of credit holds a true intrinsic value and as such the system of exchange it supports in terms of this operating principle would ensure savings maintain the source of real wealth monetarily speaking at all points along the economic trans-action.

By: wills

wills — Fri, 13 Mar 2009 15:17:00 +0000

@malcolm
I”m goin to read the
‘goodbye and good’ luck as not to be read to literally and use reply to respond to your post here’ de-constructing credit utility.
I think you agree then that credit is a utility then. But you disagree with my extrapolations on it i think anyway, even though none of my posts to date have entered into technical details on utility and credit at work in a real way. So anyhows that said i get the impression you would like me to explain my viewpoint some more on this but feel unable to ask me in a straight forward fashion im sure for a respectful reason.
I disagree with your contention on credit been in limited supply with it in utility use. Credit in its utility using state is endless in quantity and supply. This is what is simply ingenious with credit production in its proper utility function. Anyhows… in credit utility noone has money problems, that in its essence is the whole point.

By: G

Fri, 13 Mar 2009 12:19:53 +0000

@ Deco “We are also giving far far too much money to lecturers in the universities, many of them teaching subjects that are of marginal significance to either our economy or our society. I think that we need to reassess this urgently.”

Agree with your points, spot on about Universities, we don’t have a single world class univiersity, but unfortunately we do have a whole bunch of highly paid people with silver tongues who talk a great game.

Ireland could be a world leader, but how many times have I said that, people are just not serious enough, hence the current debacle, totally predictable and yet we head to 500,000 unemployed, why? nature of the political game, short term, parochial bulls*it…………………..

By: Diletta

Diletta — Fri, 13 Mar 2009 11:47:56 +0000

Old timers.. can’t get my head around the new structure of this site.. too many boxes… it’s all gone a bit ‘over designed’ if you ask me…

By: Colin_in_exile

Colin_in_exile — Fri, 13 Mar 2009 05:17:02 +0000

Tim,

I’d go a step further and say, to tell the truth, there can only be “absolutes”.

Relativism: A theory, especially in ethics or aesthetics, that conceptions of truth and moral values are not absolute but are relative to the persons or groups holding them.

By: Colin_in_exile

Colin_in_exile — Fri, 13 Mar 2009 05:09:04 +0000

Ruairi,

Thanks for the recommendation, I’ll check it out.

I’m more inclined to the right of centre, same neighbourhood as Mark Steyn, who wrote America Alone. Its worth a read for his style of humour alone, but a lot of what he says is very relevant regarding your setting sun lifestyle.

We have smaller families than our parents had, and much smaller families than our grandparents had. Why? Do we love children less?

We’re unwilling to do tough tasks which we used to do without thinking about before. The mothers in the neighbourhood I grew up in all have Polish ladies calling around twice a week to clean and scrub for €10 an hour. Why? Are we really that lazy now? Who washes the car? The kids of the household used to do it in my time for a bit of pocket money, now its Polish men with power houses, costing almost €10.You don’t see young fellas running errands anymore, the supermarket delivers your groceries for a minimum of €5.

We really need to look at ourselves in the mirror and ask ourselves is this progress?