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Frezik
Basically Outdated Stereo Equiptment
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Posted - 2008.05.18 04:42:00 -
[61]
 Originally by: Imperator Jora'h
Why do you think the only alternative is handing people cash?
That was the alternative being strongly implied by the specific post I was replying to.
Quote:
But instead of providing this economic benefit by paying to build a 27-story home he could do the same to build 100,000 houses. Same production...500,000 people housed instead of 5.
More likely, you get 100,000 empty houses. Few areas could sustain having that many extra units dumped onto the open market. In fact, for most of the United States right now, there are too many houses on the market already.
You can't just create a bunch of stuff hoping people will buy it. Having too big a surplus can be just as bad as having a shortage.
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Imperator Jora'h
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Posted - 2008.05.18 07:52:00 -
[62]
Originally by: Frezik
You can't just create a bunch of stuff hoping people will buy it. Having too big a surplus can be just as bad as having a shortage.
Fine. But the case some people are making is building a 27-story personal home is peachy because he hire people to build it.
My point is that is a colossal waste. Sure he provides some economic stimulus doing that but spending his money in any fashion would do the same (roughly). When considering the most good I think his new home is a spectacular case of conspicuous consumption.
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"Of course," said my grandfather, pulling a gun from his belt as he stepped from the Time Machine, "there's no paradox if I shoot you!"
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Keorythe
Caldari
Terra Rosa Militia
Sev3rance
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Posted - 2008.05.18 08:17:00 -
[63]
Originally by: Imperator Jora'h
My point is that is a colossal waste. Sure he provides some economic stimulus doing that but spending his money in any fashion would do the same (roughly). When considering the most good I think his new home is a spectacular case of conspicuous consumption.
Judging someone based on how they decide to spend their personal money because it doesn't fit with your own best way to spend money is really asinine to the ultimate degree. Could he give handouts or feed the homeless? Sure! Should he? Well thats really up to him and to say that if he doesn't he's a bad person is just really lame.
If you can't donate $0.30 a day to charity that will feed some kid in who knows where then you really don't have much ground to stand on for that moral soap box. Its not even an ethical matter.
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Frezik
Basically Outdated Stereo Equiptment
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Posted - 2008.05.18 17:26:00 -
[64]
Originally by: Imperator Jora'h
My point is that is a colossal waste. Sure he provides some economic stimulus doing that but spending his money in any fashion would do the same (roughly). When considering the most good I think his new home is a spectacular case of conspicuous consumption.
As you say, it works out roughly the same. It's difficult to even quantify what the "most good" is. Under a communist system, society spends a lot of effort trying to figure out what the "most good" is, and they often end up getting it wrong anyway. In a capitalist system, people are allowed to buy anything they can afford. It can often be shown that the emergent behavior of the market results in a pretty efficient economy, so don't much with it without a specific reason.
The most important factor is that money is moving around. The only real "conspicuous consumption" is hoarding up money in gold or something equally worthless. Hoarding is the one place where the Broken Window Fallacy is no longer a fallacy.
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Ryan Scouse'UK
omen.
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Posted - 2008.05.18 18:31:00 -
[65]
I would buy an island - have a big massive fence & guards around it to live in peace, with a aircraft carrier next to it to land my jets & drive cars on aswell as a means to drop friends on & off at the island.
Sounds like a cooler idea then what he is doin, of course I would build a pretty decent house on the island aswell =)
no EVE related content in signature. ~Weatherman |
Danton Marcellus
Nebula Rasa Holdings
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Posted - 2008.05.18 19:26:00 -
[66]
Perverse is the only word coming to mind.
Should/would/could have, HAVE you chav!
Also Known As |
Mtthias Clemi
Gallente
The Space Bastards
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Posted - 2008.05.18 19:36:00 -
[67]
Edited by: Mtthias Clemi on 18/05/2008 19:36:44
Its his money and he can do whatever he likes with it.
If you dont think hes doing the right thing, become a multibillionaire and do something different.
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Stakhanov
Metafarmers
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Posted - 2008.05.18 20:11:00 -
[68]
Originally by: Keorythe
Its not even an ethical matter.
Yes it is.
There is a law in my country that holds people responsible for assisting a person in danger (life threatening condition) and punishes deliberate inaction - with jail time , it's seen as a serious offense.
This one oil magnate is shamelessly squandering billions while countless people die of hunger in his own country. He did nothing to prevent that , when he had the money to do so.
In my view , he is nothing more than a criminal. One of the many that no jurisdiction can prosecute , because of inadequate laws.
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Mtthias Clemi
Gallente
The Space Bastards
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Posted - 2008.05.18 20:35:00 -
[69]
Originally by: Stakhanov
Originally by: Keorythe
Its not even an ethical matter.
Yes it is.
There is a law in my country that holds people responsible for assisting a person in danger (life threatening condition) and punishes deliberate inaction - with jail time , it's seen as a serious offense.
This one oil magnate is shamelessly squandering billions while countless people die of hunger in his own country. He did nothing to prevent that , when he had the money to do so.
In my view , he is nothing more than a criminal. One of the many that no jurisdiction can prosecute , because of inadequate laws.
So you want a country were the rich are forced to give their money away?
Giving money to charity, especially billions, makes you a good person sure.. which im sure he has done previously.
But not giving money to charity because you spent it on something else doesn't make you a bad person surely.
He built a massive house for himself, employed a lot of staff to run it.. he intends to use it for corporate operations as well as for his family.
Dont judge the man on a single action please gentlemen, id like to think you have more brains than that.
Throwing money at social and economic problems does not fix them.
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Silsow
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Posted - 2008.05.18 20:55:00 -
[70]
Why do others worry so much about money that is not theirs? Did the person building the 400k sq foot home steal the money? Is it being paid for by the government? If not any of the above two than why do any of you care? I sure as hell don't.
Now, if the owner of this new home wanted to make a fake documentary about how the rest of us have to go with less to combat the fake problem of man made global warming so that he can continue to live in his home with a 20k dollar a month electricity bill than I might care.
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