[lbo-talk] Obama got Osama

// ravi ravi at platosbeard.org
Mon May 2 12:11:47 PDT 2011


On May 2, 2011, at 2:27 PM, Somebody Somebody wrote:
> Wojtek: We are facing a similar situation today. The productive potential of modern economy is enormous - capable of creating prosperity for everyone, yet we are told by pseudo-science of economics that somehow 'we must live withing our means" and there is no money to fund anything from infrastructure to health care. Bullshit

Amusing that it is the very pseudo-science of economics that permits this sleight of hand from what is roughly the first law of thermodynamics to the abuse of non-zero sum gameplay.

What I mean is this: of course it is a bullshit claim that there isn’t enough money to fund anything. But to demonstrate that you do not need scientific/economic theories about “the productive potential of modern economy” (or sing paeans to technology). What makes the “no money” excuse bullshit is the much more mundane fact that we can see the money: it’s in banker bonuses, the Gates foundation, defence contractor mansions in Virginia suburbs. And no amount of technology is going to pry that money loose from their hands. Because they always have better technology.

<nosarcasm>I know... I am a rube.</nosarcasm>

—ravi



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