Society has rules, you don't have to agree with them, just follow them. There is a process to change them if you don't like them...
Unless you're a leftwing liberal, then you can riot, block roads, protest, or simply ignore the actual laws, and call anyone who complains a bigot, racist, homophobe....
The problem is that we have accepted, in a large number of cases, ignoring laws we don't like, and people think that is how it is supposed to work for all laws. You cannot say we are going to ignore laws we don't like, and at the same time want people to uphold / follow laws we like, but they don't.
Besides, we now have a new class of laws, Laws that apply only to the little people, and don't apply to people with enough power and influence.
You can't have it both ways.
Yes- notice how rich people never need to riot or block roads in order to make their protest visible or heard ? Its always the poor and dispossessed who need to riot and block roads in order to be heard. Rich can buy their Congressmen and if required entire parties. Nothing to do with left or right- merely to do with the few tools that are left to the powerless to protest.
Not necessarily- Perhaps the CCP( Chinese Communist Party) expects to have propaganda ads along with the other commercial ads and they don't want those to be blocked.
Well said. The German path leads to more corporatism and disintegration of the EU and everything else they have actually achieved over the last 50 years to 70 years.
Considering your "blame the user" approach you must be a Microsoft employee...People buy computing devices to serve them and not to serve the OS manufacturer who creates an OS with so many bugs.
18th century mercantilism also involved sending armies to open up markets and create new ones. The activities of the English East India company and the Dutch East India company spring to mind. A mirror image of what is happening now- wars for oil and trade as war...
Not to mention that the wealth of a nation lies in the general public.
It does not. Half the world' wealth is held by the top 1% of individuals
While your statistics may hold true for financial wealth that is easily measured on a balance sheet, it is not the entirety of a country's wealth. A human being with zero net worth still has value. For instance I am 35 years old with an over $200k household income, but my net worth is quite low. About $100k in my house and $100k in retirement savings, but $110k in combined education loans. After factoring in all incidentals I probably have a net worth of between $150k-$200k, but that certainly does not encapsulate my value.
If I were to sell even 10% of my income for the rest of my life, I could probably get $300k for it (if such an investment vehicle even existed). Or to look at it another way, I have about $700k worth of life insurance as my wife and I feel that is the amount necessary for my children's lives to not be financially impacted by my death (although my wife's retirement would still be impacted if she never remarries).
Overall I think it is safe to say my wealth, including human capital, is well over $1 million dollars. But at most my net worth would show up at $200k in the statistics you show above. There are also plenty of working class families with a negative net worth whose human capital would put their net worth into the hundreds of thousands of dollars.
400 Americans have more wealth than half of all other Americans
The top 400 Americans have about $1.4 trillion in net worth according to your link. Lets say their human capital was a skill to extract a 2.5% higher ROI than a standard mutual fund (about 7.5% in real dollars opposed to 5%) and that they on average have 20 years left in their careers. That would add an extra trillion dollars onto their net worth plus human capital, bringing it to $2.4 trillion.
Half of US households is about 67 million households, with an average size of 2.6. Lets use a conservative 1.25 workers per household, and a very low $100k in human capital per working American. That is an extra $8 trillion in net worth. Using a figure of $200k for human capital, or someone who can provide about $10k per year for their family above what they consume themselves, that becomes $16 trillion.
Whatever the figure it, the bottom 50% likely have at least 5x the true net worth of the top 400 families.
Not to mention that the wealth of a nation lies in the general public.
So this quote did end up being true. If you define the general public as everyone outside of those 400 wealthiest US families, they have over 95% of the financial value of the US. If you add human capital, the general public has over 99% of the wealth. You would have to define the general public as a very small subset of the country for this not to be true.
Another meaningless figure- of what use this this "Human Capital" other than as a prop for your weak argument ? Also, you are comparing the present value of capital held by billionaires against the lifetime cumulative value of "Human Capital"- this is a major logic fail. If you compared their cumulative value to that of everyone else, the figures would continue to be very lopsided.
When you have a revolving door between government and Wall Street, the entire system is begging for criminal conspiracy. Why- the person who was responsible for investigating/ prosecuting HSBC the other day Jennifer Shasky Calvery, the director of the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced she will be stepping down in May and joining HSBC. How could such a person be really doing her job in the best interest of the public ?
Coming soon - this bank outsources IT to neighboring India.
They couldn't do that for $10 though. Based on the sophistication( or lack of it), It looks like the teenage son of the bank president set this up based on his experience in setting up a home network..
It all has to do with costs. Many customer outsourcing contracts have a commitment to year on year cost reduction, while improving the service quality. The problem with this is that this leads to active substitution of experienced people with less experienced people/trainees regardless of the country. I don't think NTT Data or just about anybody can do anything given the business drivers in play.
In addition, NTT Data already has an office & technical staff in India. They were a competitor on some contracts that we bid for in the past..
lack of environmental impact (eyesores, noise, bird/bat kills for wind) and constant output. Nuclear plants should be built out to completely replace coal, at a minimum.
So Fukushima, Chernobyl, Long Island disasters and the ingoing troubles in safely disposing of nuclear waste dont count as environmental impact to you ? No cities are going to be evacuated for wind farm disasters and neither are they going to remain uninhabitable for centuries- unlike wind power.
What an incredibly stupid idea ? What we need to do is to act responsibly to live in harmony with our planet so we can continue living here. What we must to is not trash this planet, deplete all resources like we were some plague of locusts descended from the desert and try to fly away to another planet or space. If we cannot managed to live on earth with all its resources and where we have evolved to survive and thrive, what makes Hawking or anyone else think we can survive in the constrained spaces and limited resources of interstellar travel ? We are more likely to repeat the same mistakes we have made on earth and go extinct-at that point -deservedly forgotten in the debris of space.
This is a nice move(( for Blizzard- not for their customers):
1. Require everyone to use their Real ID
2. Fewer people use forums or post anything they strictly dont need to.
3. Lesser costs on maintenance and infrastructure
4. Profit.
Atleast on laptops, the one thing that I see touchpads being superior to as opposed to the mouse, is in inducing carpal tunnel syndrome or other repetrtive stress injuries. I know of very few people who use either the traclball or the touchpad continuously on their laptops, primarily because of how painful it is to position and keep one hands that way when using those devices.
Touchpads may help- but thats only when the laptop is truely on ones lap- or for other consumer devices which do not need so much interaction.
Slashdot Mirror
Society has rules, you don't have to agree with them, just follow them. There is a process to change them if you don't like them...
Unless you're a leftwing liberal, then you can riot, block roads, protest, or simply ignore the actual laws, and call anyone who complains a bigot, racist, homophobe ....
The problem is that we have accepted, in a large number of cases, ignoring laws we don't like, and people think that is how it is supposed to work for all laws. You cannot say we are going to ignore laws we don't like, and at the same time want people to uphold / follow laws we like, but they don't.
Besides, we now have a new class of laws, Laws that apply only to the little people, and don't apply to people with enough power and influence.
You can't have it both ways.
Yes- notice how rich people never need to riot or block roads in order to make their protest visible or heard ? Its always the poor and dispossessed who need to riot and block roads in order to be heard. Rich can buy their Congressmen and if required entire parties. Nothing to do with left or right- merely to do with the few tools that are left to the powerless to protest.
White Privilege right there. Hillary, Bill and Chelsea Clinton, the finest examples there are.
Wouldn't that be dynastic succession as opposed to white privilege ?
Not necessarily- Perhaps the CCP( Chinese Communist Party) expects to have propaganda ads along with the other commercial ads and they don't want those to be blocked.
Well said. The German path leads to more corporatism and disintegration of the EU and everything else they have actually achieved over the last 50 years to 70 years.
Considering your "blame the user" approach you must be a Microsoft employee...People buy computing devices to serve them and not to serve the OS manufacturer who creates an OS with so many bugs.
18th century mercantilism also involved sending armies to open up markets and create new ones. The activities of the English East India company and the Dutch East India company spring to mind. A mirror image of what is happening now- wars for oil and trade as war...
Not to mention that the wealth of a nation lies in the general public.
It does not. Half the world' wealth is held by the top 1% of individuals
While your statistics may hold true for financial wealth that is easily measured on a balance sheet, it is not the entirety of a country's wealth. A human being with zero net worth still has value. For instance I am 35 years old with an over $200k household income, but my net worth is quite low. About $100k in my house and $100k in retirement savings, but $110k in combined education loans. After factoring in all incidentals I probably have a net worth of between $150k-$200k, but that certainly does not encapsulate my value.
If I were to sell even 10% of my income for the rest of my life, I could probably get $300k for it (if such an investment vehicle even existed). Or to look at it another way, I have about $700k worth of life insurance as my wife and I feel that is the amount necessary for my children's lives to not be financially impacted by my death (although my wife's retirement would still be impacted if she never remarries).
Overall I think it is safe to say my wealth, including human capital, is well over $1 million dollars. But at most my net worth would show up at $200k in the statistics you show above. There are also plenty of working class families with a negative net worth whose human capital would put their net worth into the hundreds of thousands of dollars.
400 Americans have more wealth than half of all other Americans
The top 400 Americans have about $1.4 trillion in net worth according to your link. Lets say their human capital was a skill to extract a 2.5% higher ROI than a standard mutual fund (about 7.5% in real dollars opposed to 5%) and that they on average have 20 years left in their careers. That would add an extra trillion dollars onto their net worth plus human capital, bringing it to $2.4 trillion.
Half of US households is about 67 million households, with an average size of 2.6. Lets use a conservative 1.25 workers per household, and a very low $100k in human capital per working American. That is an extra $8 trillion in net worth. Using a figure of $200k for human capital, or someone who can provide about $10k per year for their family above what they consume themselves, that becomes $16 trillion.
Whatever the figure it, the bottom 50% likely have at least 5x the true net worth of the top 400 families.
Not to mention that the wealth of a nation lies in the general public.
So this quote did end up being true. If you define the general public as everyone outside of those 400 wealthiest US families, they have over 95% of the financial value of the US. If you add human capital, the general public has over 99% of the wealth. You would have to define the general public as a very small subset of the country for this not to be true.
Another meaningless figure- of what use this this "Human Capital" other than as a prop for your weak argument ? Also, you are comparing the present value of capital held by billionaires against the lifetime cumulative value of "Human Capital"- this is a major logic fail. If you compared their cumulative value to that of everyone else, the figures would continue to be very lopsided.
When you have a revolving door between government and Wall Street, the entire system is begging for criminal conspiracy. Why- the person who was responsible for investigating/ prosecuting HSBC the other day Jennifer Shasky Calvery, the director of the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced she will be stepping down in May and joining HSBC. How could such a person be really doing her job in the best interest of the public ?
Coming soon - this bank outsources IT to neighboring India.
They couldn't do that for $10 though. Based on the sophistication( or lack of it), It looks like the teenage son of the bank president set this up based on his experience in setting up a home network..
It all has to do with costs. Many customer outsourcing contracts have a commitment to year on year cost reduction, while improving the service quality. The problem with this is that this leads to active substitution of experienced people with less experienced people/trainees regardless of the country. I don't think NTT Data or just about anybody can do anything given the business drivers in play. In addition, NTT Data already has an office & technical staff in India. They were a competitor on some contracts that we bid for in the past..
lack of environmental impact (eyesores, noise, bird/bat kills for wind) and constant output. Nuclear plants should be built out to completely replace coal, at a minimum.
So Fukushima, Chernobyl, Long Island disasters and the ingoing troubles in safely disposing of nuclear waste dont count as environmental impact to you ? No cities are going to be evacuated for wind farm disasters and neither are they going to remain uninhabitable for centuries- unlike wind power.
What an incredibly stupid idea ? What we need to do is to act responsibly to live in harmony with our planet so we can continue living here. What we must to is not trash this planet, deplete all resources like we were some plague of locusts descended from the desert and try to fly away to another planet or space. If we cannot managed to live on earth with all its resources and where we have evolved to survive and thrive, what makes Hawking or anyone else think we can survive in the constrained spaces and limited resources of interstellar travel ? We are more likely to repeat the same mistakes we have made on earth and go extinct-at that point -deservedly forgotten in the debris of space.
This is a nice move(( for Blizzard- not for their customers): 1. Require everyone to use their Real ID 2. Fewer people use forums or post anything they strictly dont need to. 3. Lesser costs on maintenance and infrastructure 4. Profit.
This is extremely surprising. I find Opera very fast on Linux, Windows and Symbian.
Atleast on laptops, the one thing that I see touchpads being superior to as opposed to the mouse, is in inducing carpal tunnel syndrome or other repetrtive stress injuries. I know of very few people who use either the traclball or the touchpad continuously on their laptops, primarily because of how painful it is to position and keep one hands that way when using those devices. Touchpads may help- but thats only when the laptop is truely on ones lap- or for other consumer devices which do not need so much interaction.