Big bang theory seems silly: The mass expanding from a point would collapse within a billion years unless particles with rest mass could travel at light speed.
This is why history matters.
This only sounds like a clever “gotcha” if you’re ignorant of the history of medicine. The Catholic Church played a major role in pioneering the modern hospital system. To this day it is the world’s largest non-governmental healthcare provider.
@OopsGuess China is also the world's monopolist, in many realms of production.
That said, there's also a lot of invalid criticism directed at China. But that's a problem in part because it drowns out the valid criticisms.
@OopsGuess China doesn't allow for illegals to live here and have very rigid immagrantion rules. Jail and deportation if found. Maybe one thing the USA can copy. It's pretty stringent.
"Class warfare isn’t real. It’s an imagined war in the minds of socialists.
Demand and supply dynamics are real. To the degree it is measured in class, it’s a horizontal competition not a vertical one."
Socialists imagine a class struggle. In their made-up fantasy the CEO is in competition with low level workers, the wealthy entrepreneur is stealing from the underpaid nurse.
In reality, workers do not compete vertically they compete horizontally.
Entrepreneurs compete with entrepreneurs. Investors outbid each other. CEOs are benchmarked against other CEOs. Nurses are hired from a pool of nurses. Etc.
The CEOs pay has no correlation to the entry level workers. The Football star on £300K a week isn’t linked to the person selling drinks in the stadium. A biotech entrepreneur raising VC capital isn’t paid relative to a cleaner.
What is linked is the demand and supply dynamic of each role.
If a company places an ad for a qualified truck driver and 150 people apply for the role, then the company knows it does not need to increase wages for that role. If the company has an open role for months, it is forced to look at the compensation package.
Same for a CEO. A board representing shareholders would like to hire a CEO for a lot less if they could. Their dream scenario would be to hire a CEO who brings in institutional investors, attracts top executives, drives innovation and growth, keeps margins steady and is a good public face for the business even under pressure. It turns out there aren’t a lot of these people looking for work and if you want one you have to pay more than other companies are offering.
The class struggle isn’t vertical it’s horizontal. CEOs are in competition with CEOs. Retail workers are in competition with retail workers. Demand and supply dynamics set the price.
Sure you can say that a CEO want’s profitability and would like wages to be lower BUT it’s not up to the CEO - demand and supply tension sets the price of workers. An Airline like RyanAir would like free pilots if they could get them but they can’t… so they pay the market rate.
The reason incomes are rising at the top and falling at the bottom is not class warfare. It’s technology and globalisation.
Technology makes basic jobs simple, remote or fully automated. At the same time tech makes executive roles more leveraged, more important and more valuable.
A CEO used to run a smaller organisation. Today a CEO who’s 2% better on a $5B company is generating $100M more. Seems sensible to try and pay a few million to get $100M.
Globalisation has put workers from all over the world in completion with each other - downward pressure on wages. Globalisation has given CEOs more market opportunities to explore - upside opportunity to unlock.
The rich are not very interested in buying houses that poor people own. The poor are not buying up the homes the rich want. They are separate groups living separate lives. Try finding the genuinely rich people whose strategy is to hoard normal residential homes - it barely exists as a thing. About 85% of landlords are people who own 1-4 properties. Super-landlords (100+ properties) are 0.2% of landlords and own a tiny fraction of the 30M homes in the UK… and they’re heavily taxed.
Class warfare isn’t real. It’s an imagined war in the minds of socialists.
Demand and supply dynamics are real. To the degree it is measured in class, it’s a horizontal competition not a vertical one.
“We don’t live in utopia because we don’t tax billionaires enough.”
Right……
The U.S. government, with a multi-trillion dollar budget and the ability to print unlimited money, doesn’t give you everything for free because billionaires exist.
Huge IQ take.
It’s almost like money isn’t magic paper that conjures goods and services out of thin air.
@JoshEakle@mattvanswol "The government" is not a person - it's a lot of different people.
And the only reason it's not insane to talk about it as an entity is because paperwork is its memory.
@davepl1968@MatthewParrott Also, due to geography, people already tend to play against people who are near rather than people who are remote.
Internet connectivity reduces this, but doesn't eliminate this.
The "need" for women's chess is fairly simple to explain.
Women comprise about 8% of chess players, meaning there are at least 12 men for every woman competing. And when you're "selecting" amazing individuals near the tails of any competence distribution, it's not the averages you care about - it's the exceptional individuals.
And the reality is that simply through greater participation, men throw about 12x as many people at the problem, and so the odds are that the top players will be male. And they are, no surprise to the math.
Now, if you NEVER saw exceptional women, it would be different. But women have been ranked as high as 2735, which is ludicrously high. So they exist; they're just very rare by comparison, as you would expect.
If the roles were reversed (by a factor of 144x, mind you), it's pretty easy to conclude women would then be on top.
In other words, it tells you very little about the comparative distributions of male vs female geniuses when the populations are of massively different sizes.
This is my daughter, who just beat me yesterday. I'm not rated, but she must be pretty good :-)
@sunnovaK9@DangerousThinkg (I know "within race" violence tends to be drastically higher than across race - at least in the recent decades where I have seen the statistics - but ...)
@HouseGOP In mainland China, "communist" is a part of the label of the only legal political party.
The economic system there is more capitalist than the USA's economic system.