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Author Topic: Another thought experiment!  (Read 886 times)

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Offline CoconutXO

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Another thought experiment!
« on: November 14, 2019, 10:00:31 AM »
Premise: The quality of life on dependent of productivity and not wage.

Suppose there's a farmer who's only making 5$/day from his farm's produces. Now let's say with such a wage, he can only afford to buy a bar of soap and a tube of toothpaste at the local supermarket, and there's not a lot of disposable income.

Now suppose there happens to be an ingenious villager in this same area who can make toothpaste out of baking soda and sell them for just 10 cents each. And he could do the same with soaps!

So now our local farmer would only have to spend just 20 cents out of his daily income on those 2 items, and he would be left with $4.80 after the purchases.

The revelation from this is that productivity is the number one contributing factor to the quality of life on the planet, and that's also why Germany and Japan are so incredibly wealthy - it's the culture of craftsmanship that they embody.


Offline gaden

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Re: Another thought experiment!
« Reply #1 on: November 14, 2019, 01:13:29 PM »
Is it the same concept with pho in VN costs $1, and pho in the US costs $10?

Offline CoconutXO

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Re: Another thought experiment!
« Reply #2 on: November 14, 2019, 10:22:23 PM »
Side benefit of low cost of living!

Low taxes, low rent, low overhead, etc.

High cost of living doesn't necessarily mean better, but there are much more amenities available to the average person.



It's preference!

Offline Daisy

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Re: Another thought experiment!
« Reply #3 on: November 14, 2019, 11:04:51 PM »
It's just a play with words again the way rich was defined to be full of natural scenery and grassland, minimal consumerism.

Here, high productivity is defined to be that which produces full of lower quality crap that nobody wants when really all it should mean is increases in efficiency whatever the task or goal is.

Higher productivity is like assigning the use of a megaphone to a large supermarket to help shoppers to bargains rather than through the use of printing a bunch of useless coupons that people just throw away.

Offline CoconutXO

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Re: Another thought experiment!
« Reply #4 on: November 14, 2019, 11:46:54 PM »
Wealth is land ownership!

If you make $30/hour and live in a cardboard box then you're not really that rich.

To swim in money, one has to produce high value products that people want to buy. New innovation leads to new demand.


Offline Daisy

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Re: Another thought experiment!
« Reply #5 on: November 14, 2019, 11:58:47 PM »
Yea exactly, being non technical with terms is exactly what caused your incomplete understanding in the first place.

Owning land doesn't make you rich unless that land was worth a lot in the first place.

If you make 30 dollars an hour but live in cardboard box situated on land that everyone wants in the future then yes you would be considered rich, by potential buyers that want to give you their money for the land you own.

To swim in money doesn't necessarily mean high productivity, it could simply mean trading in commodities or inventing an airplane part and owning patents, etc. etc.  that not everyone wants to buy like toilet paper for their bathrooms but only a select few companies want to buy but are willing to part with substantial amounts of money.

Offline CoconutXO

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Re: Another thought experiment!
« Reply #6 on: November 15, 2019, 12:32:26 AM »
Land is land, and if you don't own land, then you're by definition an indenture servant or a peasant.

The average person living in Sapa is much richer than a Chinese because their real estate is a lot larger. Less people means more land space available to each person, land that you can farm, fish, or build shelter on.

Sapa



China



Productivity can also be intellectual, so that's a no brainer!


Offline Daisy

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Re: Another thought experiment!
« Reply #7 on: November 15, 2019, 12:50:06 AM »
Land is land, and if you don't own land, then you're by definition an indenture servant or a peasant.

The average person living in Sapa is much richer than a Chinese because their real estate is a lot larger. Less people means more land space available to each person, land that you can farm, fish, or build shelter on.

Sapa



China



Productivity can also be intellectual, so that's a no brainer!



Not really.  If a person didn't own land  but simply rented it for example on land that can't be farmed on but can be readily used for such purposes as solar power renewable energy generation that can mean he's potentially tens of times richer than a person who uses a big huge plot of land to grow vegetables.  Vegetables cost pennies for a batch in rural areas whereas elecricity sold to cities is at an absolute premium demand.

On the other hand, land that is contained within a national park can be a source of pride for all and not owned by anyone.

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Re: Another thought experiment!
« Reply #8 on: November 15, 2019, 10:28:48 AM »
Land is the basic of all  independence, land is freedom. Countless people die throughout history for land.

The Chinese has been CONDITIONED  by their slave masters to love their slavery, they do not know what freedom is. The Chineseman for centuries, thought that his pigtail was a sign of strength and spiritual power. He was CONDITIONED to think that way. When in actuality, it was a symbol of bondage.

Offline gaden

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Re: Another thought experiment!
« Reply #9 on: November 15, 2019, 04:44:50 PM »
Side benefit of low cost of living!

Low taxes, low rent, low overhead, etc.

High cost of living doesn't necessarily mean better, but there are much more amenities available to the average person.

It's preference!


No, a hamburger costs $6 in Vietnam and $5 in the US.  Same with Korean food or Japanese food.  But pho in Vietnam is $1 and in the US it's $10.  I'm pretty sure the quality of pho in VN is much better than the quality of pho in the US. 

People say that it's because VN does not have the right ingredients or equipment to manufacture the various dishes.  WTH?!, you mean McDonalds can't get equipment and rubber meat over to VN? and therefore has to charge a higher price?


Offline Rude Boy

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Re: Another thought experiment!
« Reply #10 on: November 15, 2019, 11:37:52 PM »
Land is basic commodity (equally important to water & food resources), land is living space, land is the area where you have control of, not to mention land can have other resources. The more land you own, the more real wealth & power you have over others. The numbers in your credit card do not belong to you and can not all be converted to real money especially in times of financial crisis. Value of land will usually increase over time due to growing population. Its a safe investment but mostly for long term.

More consumerism means being more enslaved to the top distributors of food & water resources and other products (aka the government).

Offline Daisy

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Re: Another thought experiment!
« Reply #11 on: November 16, 2019, 12:30:04 PM »

No, a hamburger costs $6 in Vietnam and $5 in the US.  Same with Korean food or Japanese food.  But pho in Vietnam is $1 and in the US it's $10.  I'm pretty sure the quality of pho in VN is much better than the quality of pho in the US. 

People say that it's because VN does not have the right ingredients or equipment to manufacture the various dishes.  WTH?!, you mean McDonalds can't get equipment and rubber meat over to VN? and therefore has to charge a higher price?

I don't know about hamburgers but here is a graphic



If that's what you are basically talking about it does indeed appear that various countries have various prices on what constitutes a big mac hamburger.  These hamburgers are all made the same way there is no issue of productivity pitfalls.  It boils down to wages and utility costs and ingredients costs.

oRANGE_jUICE

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Re: Another thought experiment!
« Reply #12 on: November 16, 2019, 02:16:22 PM »
wHY would anyone in their right mind eAT fECES lADEN mEAT?
hAMBURGERS meat patties cONTAIN fECES!
uNBELIEVABLE!
gOSH

 
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