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	<title>Comments on: Achtung Kapital!</title>
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		<title>By: ER</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51753</link>
		<dc:creator>ER</dc:creator>
		<pubDate>Tue, 21 Mar 2023 13:27:20 +0000</pubDate>
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		<description>All it takes is a few, or even just one, and Natural Selection does the rest.</description>
		<content:encoded><![CDATA[<p>All it takes is a few, or even just one, and Natural Selection does the rest.</p>
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		<title>By: BuckGalaxy</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51752</link>
		<dc:creator>BuckGalaxy</dc:creator>
		<pubDate>Tue, 21 Mar 2023 07:58:23 +0000</pubDate>
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		<description>A man of your intelligence surprises me with such simplistic views of human nature.  The wealthy elites are human beings and are not all monolithic in their hearts and minds.  But we&#039;ve gone down this path before and I won&#039;t persuade you to abandon your lifelong myopic views. They are too important to you my friend.</description>
		<content:encoded><![CDATA[<p>A man of your intelligence surprises me with such simplistic views of human nature.  The wealthy elites are human beings and are not all monolithic in their hearts and minds.  But we&#8217;ve gone down this path before and I won&#8217;t persuade you to abandon your lifelong myopic views. They are too important to you my friend.</p>
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		<title>By: ER</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51750</link>
		<dc:creator>ER</dc:creator>
		<pubDate>Tue, 21 Mar 2023 02:26:04 +0000</pubDate>
		<guid isPermaLink="false">https://habitablezone.com/?p=99198#comment-51750</guid>
		<description>But Capitalists don&#039;t do any of that.  Its beneath them.  They hire professional managers and executives to do it for them. And professional managers and executives like to think of themselves as tycoons and moguls in training, so they sign up for the program, hook, line and sinker.  And just enough of them succeed to keep the newbies scrambling up the ladder to get a chance.

Business is not an Ayn Rand melodrama, the ownership class does nothing except manipulate the flow of money. All the ideas, inventions, organizing and information processing is done by salaried employees. The people and institutions that buy and sell often know nothing about the technical details of the industrial processes they control. In fact, they often have total contempt for them and the people who understand them. They leave that drudge work to their employees.  

Yes, maybe they wear suits and ties, have corner offices and leggy secretaries, and have fancy titles. but they&#039;re just worker bees like me and thee.  These corporate drones may THINK of themselves as Corporals of Industry, innovators, creative generalists, awntrapranewers. That&#039;s how they are taught to think of themselves when they&#039;re getting their MBAs. They&#039;ve been conned into thinking of themselves that way.  It been part of the process of co-opting them.  But if they fail to produce, they just get sacked like everybody else. The people who own airlines rarely have pilot&#039;s licenses. And they never fly Coach.

Now I will concede, those who manipulate capital are often very talented, clever, creative, bold, even courageous.  But they are also ruthless, and fallible. They&#039;re not in business to provide something of value to anyone except themselves.  If they can make a profit by dismantling a well-run and profitable company that sells a useful service or product, they will do so in a heartbeat.  And when they fuck up, they often drag whole industries and nations down with them.</description>
		<content:encoded><![CDATA[<p>But Capitalists don&#8217;t do any of that.  Its beneath them.  They hire professional managers and executives to do it for them. And professional managers and executives like to think of themselves as tycoons and moguls in training, so they sign up for the program, hook, line and sinker.  And just enough of them succeed to keep the newbies scrambling up the ladder to get a chance.</p>
<p>Business is not an Ayn Rand melodrama, the ownership class does nothing except manipulate the flow of money. All the ideas, inventions, organizing and information processing is done by salaried employees. The people and institutions that buy and sell often know nothing about the technical details of the industrial processes they control. In fact, they often have total contempt for them and the people who understand them. They leave that drudge work to their employees.  </p>
<p>Yes, maybe they wear suits and ties, have corner offices and leggy secretaries, and have fancy titles. but they&#8217;re just worker bees like me and thee.  These corporate drones may THINK of themselves as Corporals of Industry, innovators, creative generalists, awntrapranewers. That&#8217;s how they are taught to think of themselves when they&#8217;re getting their MBAs. They&#8217;ve been conned into thinking of themselves that way.  It been part of the process of co-opting them.  But if they fail to produce, they just get sacked like everybody else. The people who own airlines rarely have pilot&#8217;s licenses. And they never fly Coach.</p>
<p>Now I will concede, those who manipulate capital are often very talented, clever, creative, bold, even courageous.  But they are also ruthless, and fallible. They&#8217;re not in business to provide something of value to anyone except themselves.  If they can make a profit by dismantling a well-run and profitable company that sells a useful service or product, they will do so in a heartbeat.  And when they fuck up, they often drag whole industries and nations down with them.</p>
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	<item>
		<title>By: BuckGalaxy</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51749</link>
		<dc:creator>BuckGalaxy</dc:creator>
		<pubDate>Mon, 20 Mar 2023 23:03:51 +0000</pubDate>
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		<description>Ideas have value.  Inventions have value.  Organizational skills have value.  Information has value.  Leadership has value.  I can go on...</description>
		<content:encoded><![CDATA[<p>Ideas have value.  Inventions have value.  Organizational skills have value.  Information has value.  Leadership has value.  I can go on&#8230;</p>
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		<title>By: ER</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51745</link>
		<dc:creator>ER</dc:creator>
		<pubDate>Fri, 17 Mar 2023 13:57:54 +0000</pubDate>
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		<description>The only true sources of value and wealth are the resources of the earth and human labor.  Everything else is a smokescreen and a lie, perpetrated to justify the parasitic activities of those who don&#039;t actually produce anything, but still manage to skim the profits off the top from the work of others, and from the bounty of the planet.</description>
		<content:encoded><![CDATA[<p>The only true sources of value and wealth are the resources of the earth and human labor.  Everything else is a smokescreen and a lie, perpetrated to justify the parasitic activities of those who don&#8217;t actually produce anything, but still manage to skim the profits off the top from the work of others, and from the bounty of the planet.</p>
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		<title>By: podrock</title>
		<link>https://habitablezone.com/2023/03/14/achtung-kapital/#comment-51741</link>
		<dc:creator>podrock</dc:creator>
		<pubDate>Wed, 15 Mar 2023 05:05:40 +0000</pubDate>
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		<description>&lt;p&gt;It&#039;s energy.&lt;/P&gt;


Currency.

Your payment was wired. So, electrons. An idea. Information. 

Don&#039;t get me wrong, I&#039;m not going all Austrian School here, because gold and silver are simply ideas as well, because really, what is their value except for an agreement? Which changes daily. No. Wait, it changes by the minute.

My investments in companies have only meaning. It&#039;s not a real thing. My shares are held by a company. I have no physical representation of that except the statement from my broker. Well, I do have a couple of certificates, relics of an age long past, pretty script and curly cues, but still, just an idea, a contract, an agreement, that in a pinch, might as well line a bird cage.</description>
		<content:encoded><![CDATA[<p>It&#8217;s energy.</p>
<p>Currency.</p>
<p>Your payment was wired. So, electrons. An idea. Information. </p>
<p>Don&#8217;t get me wrong, I&#8217;m not going all Austrian School here, because gold and silver are simply ideas as well, because really, what is their value except for an agreement? Which changes daily. No. Wait, it changes by the minute.</p>
<p>My investments in companies have only meaning. It&#8217;s not a real thing. My shares are held by a company. I have no physical representation of that except the statement from my broker. Well, I do have a couple of certificates, relics of an age long past, pretty script and curly cues, but still, just an idea, a contract, an agreement, that in a pinch, might as well line a bird cage.</p>
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