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Home > Forums > The Open Forum
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Thanks for the thoughtful and reasoned commentary.

Author: ND1IRISH (3269 Posts - Original UHND Member)
Posted at 11:50 am on Feb 9, 2019
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These are complex issues that can’t be resolved based on simple ideology. One thing I might add to what you said is it’s hard to effectively deal with the things you discussed without first fixing the institutional structures.

We’ve built a corporate model that is mandated to treat everything other than profit, as an externality. Legally, it’s baked into the system. Relative to capital, labor is highly immobile. Yet stable people in a stable society are what allow hugely successful corporations to be hugely successful. The Balkans is not the home of great innovation for a reason and the United States is for a reason. Corporations benefit greatly from the externalities known as political stability, socialized innovation and military protection yet they are required by law to ignore theses things.

The point is, if you don’t examine and fix the institutional structure, it’s virtually impossible to produce a result different from what we are dealing with now.


Replies to: "Thanks for the thoughtful and reasoned commentary."

  • The January issue of Fortune has a very interesting article on The Shrinking Middle Class. While I' - WestCoastIrishFan - 10:00am 2/9/19 (15) [View All]
    • Question for the financially literate (which I obviously am not) - MarkHarman - 10:08pm 2/9/19
      • No easier to charge employers 2-3 times more for E-Verify employees - PBHangingChad - 10:27pm 2/9/19
    • Planning has/will not halt the technological disruptions impacting middle class workers. Working for - ND521 - 6:57pm 2/9/19
    • The quarterly reporting requirement has amazing effects that are hidden and not well understood. - NedoftheHill - 3:44pm 2/9/19
    • I was with you until your last sentence. The debates are not mutually exclusive. [NT] - Rooster - 12:38pm 2/9/19
    • Thanks for the thoughtful and reasoned commentary. - ND1IRISH - 11:50am 2/9/19
    • Species that fail to evolve in an ever changing world are doomed to extinction - Curly1918 - 10:48am 2/9/19
      • true to a point but it's not always easy moving to greener pastures. Besides, it's not just about - WestCoastIrishFan - 11:21am 2/9/19
        • Fixing healthcare is a start, and will free up resources for additional training. [NT] - ND521 - 7:00pm 2/9/19
          • How do you propose that we do that? - iairishcheeks - 11:59am 2/10/19
            • Enforce the mandate. - LehighND - 10:58pm 2/10/19
              • Death panels, I knew it! [NT] - iairishcheeks - 11:03pm 2/10/19
        • Our corporations should engage in paid "vocational" training in their own self interest [NT] - Curly1918 - 12:24pm 2/9/19
    • West and Alex sitting in a tree, K-I-S-S-I-N-G. First comes love .... [IMAGE] - conorlarkin - 10:12am 2/9/19
      • "Nyah....what's up, Doc?" [NT] - NedoftheHill - 3:12pm 2/9/19
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