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richk449
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PostPosted: Sun Jan 01, 2012 11:52 pm    Post subject: Urban-Development Legends Reply with quote

http://www.city-journal.org/2011/21_4_urban-development.html
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For decades, city fathers and academics have studied economic development, searching diligently for ways to make urban economies prosper. Surely this quest is understandable—as understandable as the search for success that so many people undertake in the personal-finance section of the local bookstore. But just as personal finance has yet to unlock the secret of how to get rich, no surefire government-led strategy exists that can turn around a troubled economy like Buffalo’s or Gary’s. Cities, like people, are too diverse to allow anything but fairly commonsense prescriptions. A lot of grand theories have been advanced—targeted tax incentives! bike paths!—but they have proven of little practical use.

The history of local economic development is a story of academic fads. The 1960s, when I was a student at the University of Pennsylvania, were the heyday of growth poles and multipliers, of econometrics and mathematical modeling made possible by powerful mainframe computers. For a city, the key to generating jobs and income was to lure strategic industries by offering them tax breaks, loans at favorable rates, promises of infrastructure development that would benefit them, and so on. This approach would propel the entire local economy forward, the theory held, so long as the city picked the right industries. On a corridor wall in Penn’s Wharton School building was plastered a huge input-output table of the Philadelphia economy, which would help planners make the right choices. The direct and indirect employment effects of any investment could be precisely predicted. It was all very scientific.

The unfortunate results of that optimistic epoch were large industrial complexes, often in petrochemicals or steel, which created jobs but little subsequent growth. It turned out that input-output models were essentially static, limited to one-shot income and employment effects. Over the long term, in fact, investing in supposedly strategic industries frequently had a negative effect on growth; for example, those large plants tended to be unionized, which pushed up local labor costs and drove employers away. Take the Canadian province I hail from, Quebec, which in the 1960s proudly inaugurated a large steel complex in the city of Sorel, near Montreal. The story of Sorel since then has not been a happy one; employment there has long been stuck below the province’s average rate.
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energyman76b
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PostPosted: Mon Jan 02, 2012 12:51 am    Post subject: Reply with quote

Wolfsburg

look it up.

so much about 'union's are evil' bullshit
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PostPosted: Mon Jan 02, 2012 2:14 am    Post subject: Reply with quote

energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

it's not that unions are innately an amalgamation of all that is evil and wrong in this world. but after they got done standing up for the little guy, they became bloodsucking parasites, eating at the employers who they depended on.
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pjp
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PostPosted: Mon Jan 02, 2012 4:29 am    Post subject: Reply with quote

I think it is honest mistake on your part big dave. German unions, like Germans themselves, are perfect. Perfect race, perfect unions, etc., etc. But American unions are not. Though your error is understandable.
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wildhorse
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PostPosted: Mon Jan 02, 2012 4:54 am    Post subject: Reply with quote

All unions in the EU are perfect. In fact, the entire EU is perfect.
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energyman76b
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PostPosted: Mon Jan 02, 2012 11:28 am    Post subject: Reply with quote

big dave wrote:
energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

it's not that unions are innately an amalgamation of all that is evil and wrong in this world. but after they got done standing up for the little guy, they became bloodsucking parasites, eating at the employers who they depended on.


so standing up for the worker to get a raise at least as high as inflation rate is a bad thing?

For some strange reason IG Metall is enormously powerfull. Car workers are eligible for IG Metall.

Doesn't seem to have a bad influence on car making.

And then look up VW.
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energyman76b
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PostPosted: Mon Jan 02, 2012 11:29 am    Post subject: Reply with quote

wildhorse wrote:
All unions in the EU are perfect. In fact, the entire EU is perfect.


as soon as we kick out Greece and Hungary.
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PostPosted: Mon Jan 02, 2012 2:40 pm    Post subject: Reply with quote

energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

Funny thing is US workers claiming "unions are evil!" while their conditions deteriorate year after year correlating with the decline of their unions.
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gerard27
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PostPosted: Mon Jan 02, 2012 3:10 pm    Post subject: Reply with quote

I am old enough to have heard of "featherbedding".
Here we went from steam locs to electric trains.
We never had anything like that for the firemen.
They were trained to do other work either with the railway or elsewhere.
Gerard.
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PostPosted: Mon Jan 02, 2012 3:25 pm    Post subject: Reply with quote

hellbringer wrote:
energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

Funny thing is US workers claiming "unions are evil!" while their conditions deteriorate year after year correlating with the decline of their unions.


It is called wishful thinking reinforced by profit motives.

You see, in capitalism, you either have the capital or you don't. If you do, you make profit by consuming and owning resources, be it material or personnel.
If you don't have capital, then you are a resource, and you are getting consumed.

Now this may prompt you into class-struggle and marxism, but the truth is, planned economy is less efficient then free market economy, even though the other one is immoral (well both are as it turns out). That combined with value-oriented propaganda and weaved in with lot of fear-mongering and bullshit (zomg commie!/american dream) makes people value the system in which they are exploited and keep it up. All the ruling class has to do is have an external enemy then can point at, so that the exploited masses can channel their fear, angst, frustration and anger towards. Cue in Nazis, Gooks, Charlies, Commies, Sand-Niggers, etc etc. When they run out of those, it will be somebody elses turn.

That being said, there is not much difference in any other political system, you always have a ruling class and the resource class. Even in marxism. Marx may have observed that, but nothing he did made it better, rather the opposite.

So yeah, get an exam in whatever, add some business course or two, save your money (dont consume), and open your own shop. Or become a hippy and move to Berkeley.
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Bones McCracker
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PostPosted: Mon Jan 02, 2012 7:02 pm    Post subject: Reply with quote

Prenj wrote:
hellbringer wrote:
energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

Funny thing is US workers claiming "unions are evil!" while their conditions deteriorate year after year correlating with the decline of their unions.


It is called wishful thinking reinforced by profit motives.

You see, in capitalism, you either have the capital or you don't. If you do, you make profit by consuming and owning resources, be it material or personnel.
If you don't have capital, then you are a resource, and you are getting consumed.

There's a third part of the equation: labor. That's what workers are: labor.

The PC Brigade thought they were making things nicer when they came up with the term, "Personnel", and later, "Human Resources", to replace "Labor", but they only made it worse because they don't know shit. People are not "resources"; they are people.

Also, a fourth element was missing from the equation: technology. The ages old model assumes fixed methods (means of production that can change only in scale) and fixed economic efficiency (economy of scale exists, but you can't suddenly do something a better way to achieve increased efficiency). Not only is this wrong, it overlooks the overlap between people and the "means of production" in that workers contain knowledge capital and are a source of technological innovation.
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PostPosted: Wed Jan 04, 2012 9:06 am    Post subject: Reply with quote

energyman76b wrote:
so standing up for the worker to get a raise at least as high as inflation rate is a bad thing?

An understandable position, but do you realize that one of the main arguments for inflation as an economic tool was that it could effectively lower wages without explicit renegotiation?
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PostPosted: Wed Jan 04, 2012 9:53 am    Post subject: Reply with quote

hellbringer wrote:
energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

Funny thing is US workers claiming "unions are evil!" while their conditions deteriorate year after year correlating with the decline of their unions.
But we both know correlation does not equal causation. Increases in productivity and wealth are what lead to better working conditions.
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PostPosted: Wed Jan 04, 2012 10:20 am    Post subject: Reply with quote

tylerwylie wrote:
hellbringer wrote:
energyman76b wrote:
Wolfsburg

look it up.

so much about 'union's are evil' bullshit

Funny thing is US workers claiming "unions are evil!" while their conditions deteriorate year after year correlating with the decline of their unions.
But we both know correlation does not equal causation. Increases in productivity and wealth are what lead to better working conditions.

The non han chinese disagree. There's probably another requirement missing in your statement.
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