Day: January 12, 2012

RANT: Capitalism needs someone to “take out the dead”

Published on by reinkefjLeave a comment

http://libertyslifeline.com/2012/01/11/most-people-like-to-fire-the-same-people-romney-does/

Most People Like to Fire the Same People Romney Does
by Bill O’Connell on January 11, 2012

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To turn these remarks into Rick Perry’s “vulture capitalism,” and Newt Gingrich’s “predatory capitalism,” is shameful. It’s about ObamaCare, stupid. I want to fire Obama and I would like to do so as soon as possible. If I could recall him along with the Chevy Volt he supported with our tax dollars and he was filmed driving, I would gladly do so.

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Argh! I agree. I can’t understand the disgust with an “undertaker”. Maybe they don’t like funeral directors either?

If you’re going to take the benefit of the process we call “capitalism”, then you have to accept the aspect of “creative destruction” subprocess. Someone has to deliver the BAD news! Someone has to take out “the dead”. Someone has to recycle the assets from unproductive uses to productive ones.

And, they are making the “recycler” the bad guy?

Argh!

How about making the previous leaders of the failing company the bad press?

And, there might not even be a “villain” in this “morality play” about capitalism!

If you assume that capitalism is the economic process by which human beings are induced to cooperate with one another to satisfy the needs, wants, and desires of other human beings.

(Read “I, Pencil” to understand how complex that process is.)

We can either use “greed” (a pejorative label for the perfectly human emotion about satisfying ones perceived needs) to induce cooperation voluntarily or we can use various levels of force (i.e., taxation; “company store”, indentured servitude, slavery) to compel cooperation. I vote for “greed”.

Sad as it is to say, failing enterprises must be “put down”. We must allow labor to be reassigned to “better” uses. It’s not “your” job EVER. A “job” only exists as it satisfies someone else. Those “certificates of appreciation” that get passed around tell you how well those needs are satisfied.

It’s all part of that complex real time calculus we call the free market.

Money is NOT the root of all evil. It IS the essence of human wisdom about what is important.

Ants leave chemical trails to communicate; humans use money.

Argh!

Politicians are really dumb!

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RANT: More copyright diktats

Published on by reinkefjLeave a comment

http://web.resourceshelf.com/go/resourceblog/65869

U.S. Copyright Office Issues Recommendations on Sound Recordings
December 31, 2011 02:49
From District Dispatch:

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The United States Copyright Office has recommended that pre-1972 sound recordings should be protected by federal copyright law in its Report on Federal Copyright Protection for Pre-1972 Sound Recordings.

The Copyright Office ultimately decided that benefits of federalization of pre-1972 sound recordings outweighed the problems and said that federalization conformed with the intent of Congress to unify all works under one federal law.

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Clearly, when a Gooferment bureaucrat studies something, the answer is ALWAYS more regulation that will require more bureaucrats!

The consumers and the taxpayers are being <synonym for the act of procreation, past tense> by the expansion of “copyright” diktats. Could it be a payoff to Hollywood and the Administration’s allies in Big Media? The “copyright” and “patent” systems are to encourage creation and (rather quickly) have it go to the public domain for everyone’s benefit. Congress has shifted the balance way over to the creators and away from the Public. It wasn’t intended to be a lifetime paycheck for the copyright and patent holders. Note, that’s not necessarily the creators.

Look at the film “It’s a wonderful life” that escaped copyright by an error and has become a classic enriching everyone’s holidays. The Beatle’s tunes, the classic movies, and great modern literature should all be available to us.

A decade should be the absolute max.

My example is the copyright on some 60’s Beatles tunes just sold for 200M$. How is the “public good” being advanced?

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