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Cake day: June 12th, 2023

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  • There are no palatable choices in this election. You can vote for the guy who has said Israel should hurry up and finish the job or the woman who has asked for a cease fire. There are other choices, but they tend to support the first guy. It would be awesome to have a choice that results in the genocide absolutely stopping, and I feel it’s entirely appropriate to be angry that isn’t an option, but it isn’t the choice we have. Perhaps you believe standing aside and doing nothing when the moral choice isn’t available is the correct thing to do. I vehemently do not, but that is also an option American voters have, whether through protest voting or abstaining from voting altogether. Unfortunately, my world hasn’t been that black and white for a long time.


  • Now, I get the appeal to authority, and the arguments against it. Obviously they wanted the cachet of the Nobel name for their economics prize, but economists often worry about the wrong thing. Yes, stagnant capital is bad for the economy, and a stagnant economy is bad for society, but having a vibrant economy doesn’t necessarily mean society is benefiting. Most economists don’t worry too much about that, and many businesses don’t, either. And that’s where the problems come in.

    While companies are going about making profits, they rarely worry about the world or society they operate in. This is why they will happily pollute the planet, underpay their employees, or produce goods and services that maximize profits rather than better suit their customers’, and society’s, needs. Hence, fossil fuel companies desperately hanging onto their current profit model while storms rage and cities flood, or light bulbs being made to burn out (or, in the case of LEDs, just a certain component so they can be easily ‘recycled’). And this is where society needs to have strong government to step in and curb the ravenous hunger of capitalism and direct that energy in ways that help society.

    So, for good or ill, more housing needs to be built, even if that means housing prices are stagnant or even drop. Food has to be affordable, or people with less income need to be supported so they aren’t starving. People need to be educated well, so they don’t make imprudent choices and have better opportunities in life. Healthcare needs to be accessible, so society is happier, healthier, and can also further drive that economy.

    Keep capitalism for what it is good for (or find a way to replace it with something better, preferably without burning civilization down), which is finding innovative ways to get things done, and looking for new and interesting things to make society better. And use government to set limits and direction, such as incentivizing needed housing that isn’t profitable.