2021.09.20 01:04 AutoNewspaperAdmin [Lifestyle] - Less comedy, more dhamma | Bangkok Post
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2021.09.20 01:04 army_ryan New setup and screen layout.
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2021.09.20 01:04 GoodBoi1981 【Discord＃４】Reaccionando a mis Memes!!【WACTOR/#ヒナミソラ】
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2021.09.20 01:04 iBanditss2 Any good channels for high level analysis?
I am Diamond 3 currently and feel like I am lacking a bit of depth that would help me. Are there good channels that do analysis that would help me learn and play better in my matchmaking games?
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2021.09.20 01:04 sea_kaplumbagasi Ya hakikaten içimizde iyi insanlar var ya. Her gördüğünün anasını sikmeyenler, yardımcı olmaya çalışanlar var.
2021.09.20 01:04 Hyle_Kyde Sobering Dream (Waking Dream/So Noted) Last Window version with Hotel Dusk soundfount
2021.09.20 01:04 ImBrokehahahahahaha I was delivering an order today and I saw a Walmart truck driver’s hat fly out of his window due to the wind. I finished my delivery, drove back to the intersection, and ran into traffic and got it. Returned it to the Walmart he was leaving from. Always be on the lookout for your fellow drivers!
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2021.09.20 01:04 niddLerzK LG Nanocell Game Optimiser not working~?
Hey guys, I bought a LG Nanocell and I'm trying to make the game optimiser work but it seems like its not working. The mouse has a very big delay when using in the TV and it shouldn't because of low latency mode.
But as you can see here in this photo: https://imgur.com/a/oowRp9a , the low latency mode is not enabled.
And the game optimiser if its ON or OF its not changing anything. Does anyone has a clue on how can I turn on the low latency mode or the other options?
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2021.09.20 01:04 Remote_Change2842 Add me please in uxie raid🙏🏻 1870 6942 8952
2021.09.20 01:04 fairmanfour LEGO Dimensions | Chapter XXIX: Sonic Dimensions
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2021.09.20 01:04 GreatGreyGod What is this tree? Its 8-10 years old
2021.09.20 01:04 Letskillkevy Doubling up this morning 3 out my first 5
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2021.09.20 01:04 Piedr4Buen4 Azelf on me 4811 7167 7681
2021.09.20 01:04 onedetachedmind Should I upgrade, and if so to what?
I have a OnePlus 7 Pro and am thinking of upgrading, but am having difficulty finding something that's a decent upgrade all around, except for maybe the S21 Ultra, but I'm not a big fan of Samsung's UI. I'm not sure about going for the OnePlus 9 pro.
I'm looking for something that has a 120hz, 1440p display, a Snapdragon 865+ or better, and a decent camera.
What do you recommend or should I wait it out a few more months to see if there's any I like better?
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2021.09.20 01:04 Teptolemus Admissions Question
I applied to PSU Fayette on Sept. 1st. A lot of Penn Staters have told me they got their decision pretty quickly. How long did it take for your decision? I’m a pretty impatient person as you can tell
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2021.09.20 01:04 TheMayMayMakers back to the good days, (Post by u/dcxr)
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2021.09.20 01:04 torgosmaster My two little angels snuggling with each other
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2021.09.20 01:04 EdPeggJr Einstein's favorite TV show
2021.09.20 01:04 foodenthusiast87 Grilled Polynesian Pork Tenderloin w/ Stir Fry Veg & Coconut Sticky Rice
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2021.09.20 01:04 HealthMotor8651 What do y'all think of my plan?
I am a libertarian market socialist. Basically, I believe in free markets with firms owned by the workers who work at them competing in a competitive market economy. Believe it or not, this is a lot closer to what the original "capitalist" thinkers had in mind (if you're curious, google Ricardian Socialism, the socialism of David Ricardo & Adam smith). My views line up with John Stuart Mill and a more moderate version of Proudhorn.
Anyways, I spend a great deal of my time thinking about economics, markets, production, that sorta thing. See, ever since I was a kid (long before I became a socialist), I wanted to be an entrepreneur because it meant I could live my life as I pleased and not be tied to the wage system, and plus, who doesn't want some extra $$$.
I still really like the idea of being an entrepreneur but for a while I had trouble coupling that with my socialist beliefs. I have posted about my idea in several anarchist/libertarian socialist subs, so I figured I ought to post here. Ok so here's the idea:
The classic argument that wages/capitalism is inherently exploitative goes like this: Basically, say you are a worker making chairs that sell for $20. Wood costs $5, and the capitalist pays you $5. So at the end of the day, you produced a chair that has a value of (20-5 = 15) $15 but only got $5 of that value, meanwhile Mr. Capitalist sat around doing nothing and got 20-(5+5) = $10 of the value. In short, they got paid $10 of value for doing literally nothing. And because workers don't own the MOP they are forced to sell their labor at below the value it produces. Hence, capitalism is exploitative.
Now, I largely agree with this argument, however I do think it misses something.
This argument relies on the idea that the capitalist profits off of doing nothing.
However, the keyword here is profit.
According to microeconomic theory, there are two kinds of profit: accounting and economic. Accounting profit is defined as revenue - all costs other than opportunity costs. The stuff you'd see on paper at a firm. Economic profit is different because it is defined as revenue - all costs including opportunity cost.
Alright, so why does this matter?
Because, according to microeconomic theory, in a perfectly competitive market there is no economic profit. There is still ACCOUNTING profit, but NOT ECONOMIC. This is something that really confused me when I first learned about it because people use the word profit to refer to both. From here on out, when I say profit I mean economic profit, unless otherwise specified.
So in such a market, exploitation in the manner described above is impossible. Let me explain: In order for there to be exploitation the capitalist must profit right? But if there is no profit, then they don't profit, so they can't exploit. Opportunity costs are real costs. Say they could use the wood for doors. Doors sell for $25 and use $5 wood as before. So 25-5 = $20 return. 10 = 20 - 10. We have a $10 opportunity cost. Therefore, to calculate profit we say: $20-($5+$5+$10) =$20-$20 = 0. Thus the capitalist makes 0 profit. This is how a perfectly competitive market works. If there is profit to be made, firms move in, increasing competition and reducing profit for all. If firms lose money, they leave the market, increasing profits for all. This value stabilizes at $0. Thus, in a perfectly competitive market, profit is 0, so exploitation is 0.
The issue is that we don't have perfectly competitive markets in the real world, at best we have approximations, and at worse we have consolidated markets (like those of today). So how do we get rid of exploitation? Simple, worker ownership.
So here's my idea for entrepreneurship:
Say I want to start a shoe company. I invest my capital, say $100. This starts the firm and buys the capital goods. I have created/allocated $100 of value for the firm (yes, I did buy the goods of someone else's labor, so they created the value, but they willingly traded their labor for that money and I also assumed all risk and upkeep costs of the shoe making machine). This means I have a right to whatever portion of the profits my $100 investment produced, BUT NOTHING MORE. So I go and find a worker to work on the machine. They then receive a share of the profits. This isn't a wage, they are paid according to the value they produce. So say the company sells 10 shoes for $20 each. Let's say the material used to produce the shoe costs $5 and my opportunity cost per shoe is $5 (meaning that my next best option, selling my labor to a door company for $5 or something would generate $5 in revenue). So I created $10, and the worker created $10. Thus we split the profit on each shoe. The worker isn't exploited because neither me nor the worker is paid less than we produce. However I made an accounting profit of $5 per shoe, so $50 total, but an economic profit of $0. Let's say the opportunity cost for the worker is $2, so the worker made 10*20-2*20 = 200-40=$160. Does that make sense? Labor is compensated what it's worth and me as the investor is compensated what I put in. You don't need a perfectly competitive market for this to work (though you do need a competitive one) because it gives workers power because they co-own the firm (just not the machine), meaning they are entitled to make business decisions and profit in democratic manners.
Thus we can still have entrepreneurship and all the good that comes from that and have no worker exploitation. Anti-capitalist free markets. So yeah, the key to understanding this is to understand the idea of economic and accounting profit, opportunity cost, and competition. Profit (in the economic sense) is naught but unearned income for an investor. Workers should get any economic profit produced because they are the ones producing it. Competitive pressure and worker power causes firms to shift control of profits and the firm according to the value produced by the workers and nothing more than the value that the MOP produces.
What's your thoughts? I'd be more than happy to elaborate on investment and stuff and how all of that would work. Would love to hear your thoughts!
Sorry I know this is long-winded and kinda dense, but this is like my personal life plan for business so tryna work out all the kinks you know?
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2021.09.20 01:04 therealtruepirates Has any pirate treasure been found yet? Ours is hidden on Discord! 🥵😬
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2021.09.20 01:04 ElectronicFudge5 Unsolved murders haunt councilor Glenn
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2021.09.20 01:04 Motuo9995 So happy, Got another one rescued from a neighborhood breeder! He looks like a crossover between Pakistani and Persian!
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