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Capitalism (wikipedia)
Good [+1]Toggle ReplyLink» Nuclear replied on Sun Dec 13, 2009 @ 10:35am
nuclear
Coolness: 2604065
Capitalism is an economic and social system in which capital, the non-labor factors of production (also known as the means of production), is privately controlled; labor, goods and capital are traded in markets; and profits distributed to owners or invested in technologies and industries.

There is no consensus on capitalism, nor how it should be used as an analytical category. There are a variety of historical cases over which it is applied, varying in time, geography, politics and culture. Economists, political economists and historians have taken different perspectives on the analysis of capitalism. Scholars in the social sciences, including historians, economic sociologists, economists, anthropologists and philosophers have debated over how to define capitalism, however there is little controversy that private ownership of the means of production, creation of goods or services for profit in a market, and prices and wages are elements of capitalism.

Economists usually put emphasis on the market mechanism, degree of government control over markets (laissez faire), and property rights, while most political economists emphasize private property, power relations, wage labor, and class. There is a general agreement that capitalism encourages economic growth. The extent to which different markets are "free", as well as the rules determining what may and may not be private property, is a matter of politics and policy and many states have what are termed "mixed economies."

Capitalism as a system developed incrementally from the 16th century in Europe, although capitalist-like organizations existed in the ancient world, and early aspects of merchant capitalism flourished during the Late Middle Ages. Capitalism became dominant in the Western world following the demise of feudalism. Capitalism gradually spread throughout Europe, and in the 19th and 20th centuries, it provided the main means of industrialization throughout much of the world.

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Capitalism makes people productive...

If that is the case is greed good...

If you make 500$ from throwing a party, does that make you greedy...

ANSWER ME NOW...
I'm feeling nuclear right now..
Good [+1]Toggle ReplyLink» DynV replied on Sun Dec 13, 2009 @ 10:46am
dynv
Coolness: 108885
If you think you're compensated to the appropriate rate, not at all.

Like when a party was busted in the technopark (trying to be subtle), there should've been some people policing idiots outside but who like to do that for free ?! Nobody to talk to, being a pain in the ass, missing a nice party : 20$/hour clear would've been my minimum.
I'm feeling <3 sexi_babe_69 right now..
Good [+1]Toggle ReplyLink» system_glitch replied on Sun Dec 13, 2009 @ 11:27am
system_glitch
Coolness: 162580
If it's going to motivate you to push the limit again and throw another kick-ass party next time, all the best to you. Is 500$ in exchange of your time, expertise and efforts worth all the fun the partygoers are going to be having? In most case, you'll still be cutting yourself short for 500$. But then again, there's the kick of throwing a mad event :)
I'm feeling fully booked right now..
Good [+1]Toggle ReplyLink» DynV replied on Sun Dec 13, 2009 @ 12:04pm
dynv
Coolness: 108885
Hey noah, set yourself invisible when still-drunk-from-last-night people nag you on MSN.
Update » DynV wrote on Sun Dec 13, 2009 @ 12:13pm
a temporary stay on your ban list would also be appropriate o one fixated on potatoes
Mononc' Serge - Les patates
Update » DynV wrote on Sun Dec 13, 2009 @ 12:21pm
hmmm ! the quote tag fucks up, so ... here's the quote :

J'avais une terre à Ste-Agathe
Où j'faisais pousser des patates
J'avais une vache d'ins pâturages
Qui me donnait du bon fromage
Fa que j'ai monté sur ma moto
J'ai roulé jusqu'au Provigo
J'me suis acheté d'la sauce en can
Puis chu r'monté sur ma bécane en chantant

Ah! C'est bon les patates
C'est bon dedans le bedon
Bon comme Buffalo Bill qui vise dans l'mille
Boum! Boum!
Pis qui abat son bison
Avec des p'tites crottes de fromage
Ça descend dans ton œsophage
Arrosé de sauce BBQ
C'est doux, doux, doux dans l'estomac
Croyez-m’en
Ah! C'est bon les patates

En sortant de stage Bruce Springsteen
Aimait se caller une poutine
Pendant l'carême le pape Jean-Paul
En mange en cachette d'in grand bol
Quant au général Pinochet
Qui, nous dit-on, en raffolait
Après une journée de torture
Il aimait sentir la friture en chantant

Ah! C'est bon les patates
C'est bon dedans le bedon
Bon comme quand le bourreau sort son marteau
Toc! Toc!
Pis qui cloue son larron
Quand les patates sont adipeuses
Et la sauce en can sirupeuse
Quel que soit le goût du fromage
Le bonheur sera du voyage
Croyez-m'en
Ah! C'est bon les patates

Ah! C'est bon les patates
C'est bon dedans le bedon
Bon comme quand la Sagouine sort son égoïne
Zouin! Zouin!
Pis qu'a saigne son cochon
Amis, concédons pour une fois
De bon cœur la victoire au gras
Et rendons-nous dans la cuisine
Éplucher des bonnes patates pour une poutine
Ah! C'est bon les patates

Paroles et musique: Serge Robert (Mononc' Serge)
© 2003 SERGE ROBERT
I'm feeling <3 sexi_babe_69 right now..
Good [+1]Toggle ReplyLink» FUCKERS replied on Sun Dec 13, 2009 @ 12:23pm
fuckers
Coolness: 89820
j'aime ca des pétates!
I'm feeling pound and pound right now..
Good [+1]Toggle ReplyLink» qwertyu replied on Sun Dec 13, 2009 @ 12:49pm
qwertyu
Coolness: 72960
500$ inst alot of money, i say aim for a thousand at least, even then it wont pay you back for the time and effort you put into the idea. What's the story behind this 500$ if i may ask? lol
I'm feeling like a superhero right now..
Good [+1]Toggle ReplyLink» ufot replied on Sun Dec 13, 2009 @ 12:50pm
ufot
Coolness: 93180
greedy is turning off the water and charging 8 dollars a bottle... 500 is peanuts noah, there's no shame in making money when throwing a party

Ufot-gosh my head hurts
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Good [+1]Toggle ReplyLink» qwertyu replied on Sun Dec 13, 2009 @ 3:39pm
qwertyu
Coolness: 72960
'' greedy is turning off the water and charging 8 dollars a bottle '' Yes!!! Big Time!!!! The sadest thing is it happens.

If you throw a crap party that no one wants to attend, you shouldnt rip off the few people who shows up to support you by forcing them to buy 8 bucks water bottles so you dont go broke.

And yeah capitalism/free market economy is the best, i dont see how someone with some basic economic education can say otherwise. But i could be the dumb one. lol

I'do as far as say that if you spend money to make a party, you should make a profit. Party throwing is a business. Decent profit makes business better.
I'm feeling like a superhero right now..
Good [+1]Toggle ReplyLink» Gamos replied on Mon Dec 14, 2009 @ 3:16am
gamos
Coolness: 93575
The market economy is simply an economy where people are expected to fill the role that a technocrat would in a command economy. Rather than having a central command center from which all inefficiencies and shortcoming are identified and addressed, the market economy gives this opportunity to all individuals in society.

Profit is simply the reward given to an invidual for addressing the inefficiencies and short-comings in society. If you can combine various factors of production - labor, capital, the value of your time, your knowledge - and sell them for more than the sum of the parts, then you have increased the amount of output in society. The social value of this output you have created - the social costs of the inputs you have paid for = social benefit. Social benefit = benefit to yourself + benefit to others. The benefit to yourself = profit.

Think about Viagra. Bob couldnt get it up, and is sad. He would be willing to pay 300$ to have sex with his wife. Pfizer can combine scientists for 20$ and lab equipment for 30$ to create a pill of viagra. Pfizer then sells viagra for 100$.

The social benifit is $300-$50 = $250. Bob was willing to pay up to 300$ for sex with his wife, but only pays 100$ for it. Thus, he clearly benefits (200$). Pfizer sells viagra for 100$ and it costs 50$ to produce. Thus, Pfizers profit is 50$.
I'm feeling a message in a bottl right now..
Good [+1]Toggle ReplyLink» AYkiN0XiA replied on Mon Dec 14, 2009 @ 4:01am
aykin0xia
Coolness: 166655
i think it's like buying shoes, etc... it gets bad if you charge more than what the party is actually worth, and put all the money in your pockets. but i don't think that is likely to happen with raves, considering the amount of time and effort people put in there. most likely everyone is underpaid... 500$ at 10$ an hour is 50 hours... you probably worked more than that to organize a party... it kind of becomes like a job that is fun... :)

i think it's really important that the artists get paid. i think it would be unfair if a promoter leaves with a lot of money in their pockets while the djs, vjs, deco artists, etc, get nothing. they also worked hard, an without them none of it would be possible.

when i think of the bad side of capitalism, i think of exploitation. stuff like people getting paid 10 cents an hour while the pigs on top fly in their private jets... well that is a rather extreme example but you know what i mean, right?
Update » AYkiN0XiA wrote on Mon Dec 14, 2009 @ 4:09am
also interesting - the idea of a cooperative economy.

"The common thread is the principle that an enterprise or association should be owned and controlled by the people it serves, and share any surpluses on the basis of each members' cooperative contribution"

[ en.wikipedia.org ]
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Good [+1]Toggle ReplyLink» FUCKERS replied on Mon Dec 14, 2009 @ 7:47am
fuckers
Coolness: 89820
Originally Posted By NAMASTE

but i don't think that is likely to happen with raves


your kidding right?
have you been sleeping for the past 10 years?
this been going on since day one.
I'm feeling pound and pound right now..
Good [+1]Toggle ReplyLink» basdini replied on Mon Dec 14, 2009 @ 7:57am
basdini
Coolness: 145280
i think the people who really want to make money in the world aren't throwing parties they are investing in the stock market or something.

seriously i don't think there is anything wrong with wanting to make money from your events (when did we become communists?) if you don't want to make money from your events then don't (or give the money away ) but then don't play the 'holier then thou' card when confronted with people who do.
I'm feeling surly right now..
Good [+1]Toggle ReplyLink» ApR1zM replied on Mon Dec 14, 2009 @ 9:21am
apr1zm
Coolness: 164880
ministry of plur : i think youre forgetting all the R&D necessary before you can release any kinds of drugs. Also to actually release any kind of pharm product you need to test it for a few years so you think facilities and employees are free ? and let me tell you (having working in one) it must cost a shiTTON of moneyZ(thats right plural of money)
I'm feeling put that bumper in repeat right now..
Good [+1]Toggle ReplyLink» qwertyu replied on Mon Dec 14, 2009 @ 1:53pm
qwertyu
Coolness: 72960
Originally Posted By MINISTRY_OF_PLUR

The market economy is simply an economy where people are expected to fill the role that a technocrat would in a command economy. Rather than having a central command center from which all inefficiencies and shortcoming are identified and addressed, the market economy gives this opportunity to all individuals in society.

Profit is simply the reward given to an invidual for addressing the inefficiencies and short-comings in society. If you can combine various factors of production - labor, capital, the value of your time, your knowledge - and sell them for more than the sum of the parts, then you have increased the amount of output in society. The social value of this output you have created - the social costs of the inputs you have paid for = social benefit. Social benefit = benefit to yourself + benefit to others. The benefit to yourself = profit.

Think about Viagra. Bob couldnt get it up, and is sad. He would be willing to pay 300$ to have sex with his wife. Pfizer can combine scientists for 20$ and lab equipment for 30$ to create a pill of viagra. Pfizer then sells viagra for 100$.

The social benifit is $300-$50 = $250. Bob was willing to pay up to 300$ for sex with his wife, but only pays 100$ for it. Thus, he clearly benefits (200$). Pfizer sells viagra for 100$ and it costs 50$ to produce. Thus, Pfizers profit is 50$.


yup, exactly, coulndt have said it better. That's why market economy is the best thing thus far. A centralized commanded economy is horrible. The governement must only be there to hopefully ameliorate the sconomic situation. Like put some laws/taxes when an industry have to many externalities.

Communism is about control. The limited economical knowledge that I have says to me that communism is basically flawed. It implys that the entity who regulates the economy is omniscient and never do any kind of errors. If only things were so simple.

Besides, who loves being controlled? Taxes on salary are bad enough. The market economy can and will organise itself. And in a market economy, we all participate. Isnt great?

So noah, look, some people would be willing to pay 30$ for a party, otheres 5$, price the party accordinglingly so people with have a '' surplus '' . Ok then, how much are you willing to sell a party ticket for? The lower the ammount you sell it, the greater is the benefits of the party goers, but the lower are yours. The idea here is to maximise the whole thing so that the repartition of the benefits are more or less equal between the you and the party goers.

Wich means, that if everybody are like me and willing to pay 20$ for a well organised party in a real venue and 30-40$ for headliner and video projections. Let's say you're throwing a party wihtout headliners and bla bla. If you sell a tickets at 10$ and and you barely break even, it's the lowest you can go and it makes your benefits zero. If you sell it 15$ things are a little bit better. So sell it 15$ and i'll be happy since it's 5$ less than i'd be willing to pay.

If you make good profits, maybe some people will be willing to invest their time, money and efforts in your business. Most people wont invest anything if your benefits are zero. So make some profits, attract new people to work with you and in the long term you'll be throwing madddd partys in some arenas. hehehehehe
I'm feeling like a superhero right now..
Good [+1]Toggle ReplyLink» basdini replied on Mon Dec 14, 2009 @ 2:12pm
basdini
Coolness: 145280
you rokzors laurent

don't let your goofy socialist friends tell you otherwise, capitalism rocks communism and socialism blows...
I'm feeling surly right now..
Good [+1]Toggle ReplyLink» qwertyu replied on Mon Dec 14, 2009 @ 2:15pm
qwertyu
Coolness: 72960
As far as the economy is concerned, a free market economy performs better and gives more power to the people, there's no doubt about that. A free market economy is an economty where the governement iw more or less abscent. Free market economy is progressive in a way. The governement have no place in our economy the same way they have no business in making sodomy illegal.

I could go on criticizing alot of other aspects of communism. In the sens that if we take a look at past nd present communist states, we see a very dark and grim picture. Th human right records of most of them are awfull. Most of the time they are totalitarian regimes or worse, straight dictatorships. But that's beside the point.
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Good [+1]Toggle ReplyLink» databoy replied on Mon Dec 14, 2009 @ 2:23pm
databoy
Coolness: 106195
I find comparing the economy with religion quite fitting. (Separation of church and state...)
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Good [+1]Toggle ReplyLink» qwertyu replied on Mon Dec 14, 2009 @ 2:30pm
qwertyu
Coolness: 72960
Originally Posted By DATABOY

I find comparing the economy with religion quite fitting. (Separation of church and state...)


Amen lol

Some people whine about the fact that politicians are full of shit for being related to business people. Then they go on saying that communism is a nice thing. wtf?!

Or there alot of people who says that communism is a good idea but that in practice it dosent work. I dont know what they mean by that. But if they mean that the idea of puting some laws of programs in place to reduce the social externalities (injustice and efficiencies ) that a free market economy presents is a good one, then yes, i agree.

But hey wait, that kind of thing already exists and works! =D It's called social liberalism/ social democracy. And that's what the Canada is doing. DUH.
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Good [+1]Toggle ReplyLink» databoy replied on Mon Dec 14, 2009 @ 2:41pm
databoy
Coolness: 106195
Eventually we will see the economy for what it is: a complex social structure created by humans, aimed at empowering the few over the many... like religion.
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Good [+1]Toggle ReplyLink» qwertyu replied on Mon Dec 14, 2009 @ 2:48pm
qwertyu
Coolness: 72960
Originally Posted By DATABOY

Eventually we will see the economy for what it is: a complex social structure created by humans, aimed at empowering the few over the many... like religion.


No. The only way an economy is not present is if you're alone on an island like in the movie '' cast away ''.

Economy creates itself.

If you're on a island with a gorgeous babe who sucks dicks for a living, and that you're skilled at killing monkeys for dinner. There are good chances that some kind of exchange will take place. And both parties will benefit from it. We have an economy here.

If you grow tomatoes and your neighborh have lots of cows. Chances are you'll want meat and he'll want tomatoes.

Let's say you neigborh grows tomatoes too, but isnt as efficient as you doing it. And you have cows too, but they're meatless and weak. And when your neigbor is growing tomatoes, he can feed less cows, so he have less meat. And when you feed cows, you can grow less tomatoes.

An exchange between you and your fellow farmer will make more meat and more tomatoes for each of you in the end, and supper will be better.
I'm feeling like a superhero right now..
Capitalism (wikipedia)
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