Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Mary Cluney who wrote (63254)	5/3/2005 5:11:16 PM
From: Gib Bogle	Respond to of 74559

"How did we get here?" Have you ever heard of evolution? Hating/fearing the other is innate. Look at chimps in the wild.

To: Mary Cluney who wrote (63254)	5/3/2005 6:35:51 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Mary, we got here because it's a tendency in the biological world to take whatever can be taken. Humans have evolved to a sophisticated voluntary exchange of goods and services. Unfortunately, that process is still under construction and no societies operate on that principle more than superficially. So, we have most people still helping themselves to other people's things because they can, because they have the power. Democracies shouldn't be too sanctimonious either, even if the home of the free and the brave, because they forcibly confiscate the property and even the lives of some to benefit others. Purportedly, the compulsory confiscation is for "the common good" and collectivist delights, such as education, roads, military services, hospitals, government bureaucrats and suffocatocracy edicts and so on and on and on and more and some more too. Unfortunately, the problem arises because of diffuse costs and concentrated benefits, leading to voters voting to get benefits or money at the expense of others. Until property rights, and human rights as a subset of property rights, are fully protected and the chimpoid aggressives and thieves are tamed, educated or caged, you can expect a LOT more of the same. Actually, a billion people do not demonize the Japanese. Nor do a billion people demonize the Chinese. etc. You are doing the old collectivist wild generalisation stuff. Contrary to Yiwu the Mad and Bubba the Babbling, not all "Chinese" think the same. Strange though it might seem, they are almost human and while they are subject to group-think, that doesn't mean everyone thinks the same. Some do, some don't. And even those who do, think only approximately the same; sufficiently to exchange a few words and declare to each other that they agree, in the interests of forming a group. Dig a bit deeper and even those who theoretically agree and superficially agree, won't agree in the fullness of time and circumstance. The teaching that is required is to respect property rights [and consequently human rights]. That teaching is contrary to the red in tooth and claw principles of biology in the raw. Humans have adopted a new way, arising like magic from the throes of eons of cannibalistic genocide. Mqurice