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Thrift & Frugality - a quality or a meanness?

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Old 06-14-23, 04:48 AM
  #76  
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Originally Posted by BBB_Adrift
There must be a middle-line somewhere: those people who will harbour an eleventy-billion year old pair of socks, yet splurge on the latest hi-high carbon-frames etc. That might be me [cough].
Even if you have a proof of purchase chiseled on a stone tablet, those are going to be out of warranty.
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Old 06-14-23, 06:20 AM
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Originally Posted by Paul Barnard
You sound like an enterprising man.
my brain hertz at the quality of these puns.
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Old 06-14-23, 06:24 AM
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Don't feed it.
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Old 06-14-23, 06:42 AM
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Originally Posted by Chuck M
Even if you have a proof of purchase chiselled on a stone tablet, those are going to be out of warranty.
but at least the stone tablet doesn't dissolve if you leave it in your pant's pocket in a wash cycle.
mind you, they'd still claim you weren't the original owner or some weaselly excuse.
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Old 06-14-23, 07:24 AM
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Originally Posted by Paul Barnard
You sound like an enterprising man.
I’m a rara avis these days.
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Old 06-14-23, 07:45 AM
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Originally Posted by indyfabz
I’m a rara avis these days.
That level isnt getting any hire. If anything, it's lower now. That was defo a budget post.
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Old 06-14-23, 08:10 AM
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Originally Posted by genejockey
I don't think we get where we want to go solely by frugality. If people are convinced they're being called upon to sacrifice stuff in the present for a future they can't picture, they won't do it. We see this already.
If the problem is framed as "give up getting stuff for the better future", I think you're right. That's a hard sell.

But if people recognize that getting more stuff doesn't produce happiness, and if they can exchange getting a bunch of stuff for more fulfilling things (leisure time, socializing, hobbies), maybe it doesn't seem like a sacrifice at all.
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Old 06-14-23, 08:39 AM
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Originally Posted by BBB_Adrift
That level isnt getting any hire. If anything, it's lower now. That was defo a budget post.
Are you drunk?
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Old 06-14-23, 08:45 AM
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Originally Posted by terrymorse
If the problem is framed as "give up getting stuff for the better future", I think you're right. That's a hard sell.

But if people recognize that getting more stuff doesn't produce happiness, and if they can exchange getting a bunch of stuff for more fulfilling things (leisure time, socializing, hobbies), maybe it doesn't seem like a sacrifice at all.
Agreed. It's about changing perceptions and aspirations. Of course, it helps if the freedom of choice is removed (as was the case in the former soviet union), but maybe we will be entering a new era of reduced consumerism based on the changing political appetite to interact with China and its tsunami of cheap consumer goods. Not necessarily a bad thing, imo.
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Old 06-14-23, 09:18 AM
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Originally Posted by Paul Barnard
You sound like an enterprising man.
He sticks to a budget.
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Old 06-14-23, 09:52 AM
  #86  
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Position 1:
Originally Posted by Calsun
Greed is responsible for all the misery where we have billionaires and people living in tents in the USA. Greed is the motivation for all wars even if the perpetrators pretend otherwise. Soldiers learn this ealy on and other than the 2% that are psychopaths they develop PTSD within 60 days of combat as they experience first hand the disconnect between what they were told and what they are experiencing first hand.

I try to minimize my carbon footprint as much as possible and have altered my lifestyle as a result. I have cut out all air travel and reduced my meat consumption by 90%. I avoid buying any products in plastic packaging as 95% of recyled plastic ends up being incinerated or in the local landfill.

One does what one can but I have long felt like someone in one of the lifeboats who is watching the Titanic slowly sink beneath the water while all around me are people who were not provided with a lifeboat and so they are slowly freezing to death one by one.
Position 2:
Originally Posted by genejockey
Anyone brought up The Paradox Of Thrift yet? Okay.

We generally recognize thrift as an individual virtue - not buying things you don't need, making do with what you have, making it last as long as possible, saving your money.

However, in order to feed, clothe, and house the population, you need enough economic activity to provide jobs for everyone. Economic activity = some people make stuff, some people do stuff, some people sell stuff, other people pay for that stuff. People buying goods and services is where jobs come from. The more goods and services people buy, the more jobs there are, and the more people can afford to buy goods and services.

So, if EVERYONE cut back on their purchases, only ever bought what they really needed, made do with less, and saved their money, a whole lot of people would be out of work. What is individually virtuous may be catastrophic at the level of the whole economy.
Two well presented points of view. This is the discussion which human beings are having right now, real time. Looking outside our current situation, we might look at the history of North America. Before Europeans came, the portion of the continent currently occupied by the United States supported an estimated 20 million people in a sustainable manner, again as far as we can tell. The current US population of 332 million and climbing is emitting approximately 28% of the world's carbon emissions. This is obviously not sustainable, at least with our current economic system. A correction will come, will we or won't we. Fortunately, I doubt that any of us here will live to see the result of this correction. We are the luckiest human being who have ever lived, alive at the peak of our "rabbit cycle."

If we all acted in accordance with Position 1, the economy would definitely shrink. It's obvious that if we eliminated turning vegetable matter into either meat or fuel, we could grow plenty of food for our current population, so that's not an issue. More people would certainly have more idle time. Studies show that current aboriginal populations work about 4 hours a day. We would produce a lot more art and a lot less CO2.

Currently, most of our population acts in accordance with Position 2, which has resulted in a constant increase in our GDP, accompanied by a constant increase in CO2 emissions. While that theory of thrift is certainly correct, it seems to me that putting a lot of people out of their current job is desirable, not the contrary.

I've traveled some in the East and found that wealth is not in one's possessions, but in one's leisure time. Another interesting thing is that, looking at museum collections, I've come to believe that the wealth of a culture can be seen in the time a people invests in the tools they use in their daily life, meaning the artistic and artisanal quality of those tools. Our current culture invests the absolute minimum time in tool manufacture. That's called efficiency. True wealth is when efficiency is not a criterium, meaning one has lots of time to spare..
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Old 06-14-23, 09:54 AM
  #87  
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Originally Posted by indyfabz
Are you drunk?
No, he's using a "smart" phone.
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Old 06-14-23, 10:56 AM
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Originally Posted by Carbonfiberboy
Position 1:

Position 2:
Two well presented points of view. This is the discussion which human beings are having right now, real time. Looking outside our current situation, we might look at the history of North America. Before Europeans came, the portion of the continent currently occupied by the United States supported an estimated 20 million people in a sustainable manner, again as far as we can tell. The current US population of 332 million and climbing is emitting approximately 28% of the world's carbon emissions. This is obviously not sustainable, at least with our current economic system. A correction will come, will we or won't we. Fortunately, I doubt that any of us here will live to see the result of this correction. We are the luckiest human being who have ever lived, alive at the peak of our "rabbit cycle."

If we all acted in accordance with Position 1, the economy would definitely shrink. It's obvious that if we eliminated turning vegetable matter into either meat or fuel, we could grow plenty of food for our current population, so that's not an issue. More people would certainly have more idle time. Studies show that current aboriginal populations work about 4 hours a day. We would produce a lot more art and a lot less CO2.

Currently, most of our population acts in accordance with Position 2, which has resulted in a constant increase in our GDP, accompanied by a constant increase in CO2 emissions. While that theory of thrift is certainly correct, it seems to me that putting a lot of people out of their current job is desirable, not the contrary.

I've traveled some in the East and found that wealth is not in one's possessions, but in one's leisure time. Another interesting thing is that, looking at museum collections, I've come to believe that the wealth of a culture can be seen in the time a people invests in the tools they use in their daily life, meaning the artistic and artisanal quality of those tools. Our current culture invests the absolute minimum time in tool manufacture. That's called efficiency. True wealth is when efficiency is not a criterium, meaning one has lots of time to spare..
Growth for the sake of growth is the logic of the cancer cell...And yet, around the globe, economic growth has long been a paramount goal of almost every society, every government -- even in societies like ours (and all other OECD countries), which have the means to easily provide adequate housing, food, medical care, and other necessities to every single person.

This paramount urgency of GDP and jobs is so ingrained that most people, like one earlier in this thread, have difficulty grasping that reduced consumption -- and the concomitant reduced needs for income and employment -- would not be calamitous if it were driven by people's desires...In fact, they would be good for the environment, for our families, and would correspond more closely to our stated values. So, why doesn't it happen? Because it would reduce profits. And so the capitalists have to keep us spinning on the hedonic treadmill, always producing new products, advertising the hell out of them, and convincing us that we MUST have them to be happy -- even though copious evidence demonstrates that more stuff doesn't create happiness in an affluent society like ours, and most of us know it. (Oh, and they have to keep convincing us that the social services that would allow us to work less -- maybe retire earlier, have more one-worker households, like comprehensive health care and a real national retirement system -- are "socialist" and hence evil...Even though such amenities are very common and wildly popular in the rest of the industrialized world.)

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Old 06-14-23, 11:07 AM
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Originally Posted by indyfabz
Are you drunk?
Hopefully the sock sleuths will be on this before too long.
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Old 06-14-23, 11:11 AM
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Originally Posted by Carbonfiberboy
Position 1:

Position 2:
Two well presented points of view. This is the discussion which human beings are having right now, real time. Looking outside our current situation, we might look at the history of North America. Before Europeans came, the portion of the continent currently occupied by the United States supported an estimated 20 million people in a sustainable manner, again as far as we can tell. The current US population of 332 million and climbing is emitting approximately 28% of the world's carbon emissions. This is obviously not sustainable, at least with our current economic system. A correction will come, will we or won't we. Fortunately, I doubt that any of us here will live to see the result of this correction. We are the luckiest human being who have ever lived, alive at the peak of our "rabbit cycle."

If we all acted in accordance with Position 1, the economy would definitely shrink. It's obvious that if we eliminated turning vegetable matter into either meat or fuel, we could grow plenty of food for our current population, so that's not an issue. More people would certainly have more idle time. Studies show that current aboriginal populations work about 4 hours a day. We would produce a lot more art and a lot less CO2.

Currently, most of our population acts in accordance with Position 2, which has resulted in a constant increase in our GDP, accompanied by a constant increase in CO2 emissions. While that theory of thrift is certainly correct, it seems to me that putting a lot of people out of their current job is desirable, not the contrary.

I've traveled some in the East and found that wealth is not in one's possessions, but in one's leisure time. Another interesting thing is that, looking at museum collections, I've come to believe that the wealth of a culture can be seen in the time a people invests in the tools they use in their daily life, meaning the artistic and artisanal quality of those tools. Our current culture invests the absolute minimum time in tool manufacture. That's called efficiency. True wealth is when efficiency is not a criterium, meaning one has lots of time to spare..
Just to be clear, my "position" is a statement of the current case, and positions 1 and 2 are not incompatible. Instead, think of position 1 as "What we want" and position 2 as "What we have". There's a saying that "A problem is the difference between what we have, and what we want".

That said, I also don't thing that a constant increase in GDP necessarily implies a constant increase in CO2 emissions. That, too, is a difference between what we have, and what we want.
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Old 06-14-23, 11:15 AM
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Originally Posted by Koyote
Growth for the sake of growth is the logic of the cancer cell...And yet, around the globe, economic growth has long been a paramount goal of almost every society, every government -- even in societies like ours (and all other OECD countries), which have the means to easily provide adequate housing, food, medical care, and other necessities to every single person.

This paramount urgency of GDP and jobs is so ingrained that most people, like one earlier in this thread, have difficulty grasping that reduced consumption -- and the concomitant reduced needs for income and employment -- would not be calamitous if it were driven by people's desires...In fact, they would be good for the environment, for our families, and would correspond more closely to our stated values. So, why doesn't it happen? Because it would reduce profits. And so the capitalists have to keep us spinning on the hedonic treadmill, always producing new products, advertising the hell out of them, and convincing us that we MUST have them to be happy -- even though copious evidence demonstrates that more stuff doesn't create happiness in an affluent society like ours, and most of us know it.. (Oh, and they have to keep convincing us that the social services that would allow us to work less -- maybe retire earlier, have more one-worker households -- like comprehensive health care and a real national retirement system, and "socialist" and hence evil.)
Yes, that's the issue exactly. However, and it's a big however, competition for place in the tribe is in our DNA. We exterminated all our competitors, even as we bred with them. We out-competed them. Greed and desire for power is embedded in our DNA, right along with hate for those not like us. Tribalism. I don't see a way around the DNA thing. Doesn't look good to me, hence my belief that we are the golden ones.

It's not going to get better. We're not going to be able to defend our southern border if we had a howitzer every 100'. "The change in the weather is known to be extreme, but what's the sense in changing horses in midstream." There it is.
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Old 06-14-23, 11:18 AM
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Originally Posted by ofajen
He sticks to a budget.
I went over my thrifty budget by a dollar traveling to the Alamo to look for my stolen bike. Did you know that the Alamo doesn’t have a basement?
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Old 06-14-23, 12:03 PM
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Originally Posted by Koyote
Growth for the sake of growth is the logic of the cancer cell...And yet, around the globe, economic growth has long been a paramount goal of almost every society, every government -- even in societies like ours (and all other OECD countries), which have the means to easily provide adequate housing, food, medical care, and other necessities to every single person.

This paramount urgency of GDP and jobs is so ingrained that most people, like one earlier in this thread, have difficulty grasping that reduced consumption -- and the concomitant reduced needs for income and employment -- would not be calamitous if it were driven by people's desires...In fact, they would be good for the environment, for our families, and would correspond more closely to our stated values. So, why doesn't it happen? Because it would reduce profits. And so the capitalists have to keep us spinning on the hedonic treadmill, always producing new products, advertising the hell out of them, and convincing us that we MUST have them to be happy -- even though copious evidence demonstrates that more stuff doesn't create happiness in an affluent society like ours, and most of us know it. (Oh, and they have to keep convincing us that the social services that would allow us to work less -- maybe retire earlier, have more one-worker households, like comprehensive health care and a real national retirement system -- are "socialist" and hence evil...Even though such amenities are very common and wildly popular in the rest of the industrialized world.)
Again, chum, no difficulty grasping it. Difficulty believing it can be accomplished with the ease you seem to think.
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Old 06-14-23, 12:08 PM
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Hello, I introduce you to: https://www.bikeforums.net/politics-religion/ Please make a note of it.
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Old 06-14-23, 02:39 PM
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Originally Posted by Koyote
How is that inconsistent? As I wrote, people chose (through union agreements, then later through gov't policy) to take part of their share of the 'productivity dividend' in the form of shorter working hours.
.
You clipped my quote to cut off the actual hstory of the Great Depression instead of your rather over-simplified relationship between shorter hours and demand. You've picked as your example one particular era of US history when one could both increase their demand for goods AND work fewer hours, and that era has a giant hole in it where collapsing demand actually did cause a depression and mass unemployment. Also, that was the era of the "stay at home" mom That era ends with massive numbers of women working much more hours for higher pay than previously

You're not wrong, it's just that you've simplified almost all of the actual history between demand and work hours out of your B- economics analysis.
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Old 06-14-23, 02:43 PM
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Originally Posted by phughes
Hello, I introduce you to: https://www.bikeforums.net/politics-religion/ Please make a note of it.
Where's the "Economics" subforum?
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Old 06-14-23, 03:04 PM
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Originally Posted by livedarklions
You clipped my quote to cut off the actual hstory of the Great Depression instead of your rather over-simplified relationship between shorter hours and demand. You've picked as your example one particular era of US history when one could both increase their demand for goods AND work fewer hours, and that era has a giant hole in it where collapsing demand actually did cause a depression and mass unemployment. Also, that was the era of the "stay at home" mom That era ends with massive numbers of women working much more hours for higher pay than previously

You're not wrong, it's just that you've simplified almost all of the actual history between demand and work hours out of your B- economics analysis.
I'm not wrong about any of it. And if you'd like a treatise, I can oblige -- but I think no one wants that. Otherwise, neglecting to mention the Great Depression has no bearing on the point I was making -- a point which is valid and widely documented: up until about four or five decades ago, the gains from rising productivity were roughly split between labor and capital. Workers took a portion of their share (as negotiated by their unions and, later, through gov't mandate) in the form of reduced annual working hours. In other words, rather than always taking more income, they choose some additional income and some additional leisure time (= less working time). That was my point: that people have indeed made that choice. It's not so far-fetched as (ahem!) a particular poster wants to pretend. (And that's not to mention all of the workers in other industrialized countries that have made the same choice, and continue to do so - to a greater degree than those of us here in the US.)

By the way, picking as an example "one particular era of US history when one could both increase their demand for goods AND work fewer hours" is kind of the point. Rising productivity makes that possible. So, unless you think that productivity is done rising (forever) in the US, this complaint of yours completely misses the point.

Honestly, going on about the Great Depression is almost pointlessly tangential. It feels like you just want to argue, which is your thing. So I'll leave it at this.

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Old 06-14-23, 03:48 PM
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Originally Posted by genejockey
Where's the "Economics" subforum?
I was referring to the rants about capitalism, etc., which belong in P&R. Oh, and you're right, this is a bike forum and not an economics forum.

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Old 06-14-23, 08:24 PM
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Old 06-15-23, 04:01 AM
  #100  
Tragically Ignorant
 
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Originally Posted by Koyote
I'm not wrong about any of it. And if you'd like a treatise, I can oblige -- but I think no one wants that. Otherwise, neglecting to mention the Great Depression has no bearing on the point I was making -- a point which is valid and widely documented: up until about four or five decades ago, the gains from rising productivity were roughly split between labor and capital. Workers took a portion of their share (as negotiated by their unions and, later, through gov't mandate) in the form of reduced annual working hours. In other words, rather than always taking more income, they choose some additional income and some additional leisure time (= less working time). That was my point: that people have indeed made that choice. It's not so far-fetched as (ahem!) a particular poster wants to pretend. (And that's not to mention all of the workers in other industrialized countries that have made the same choice, and continue to do so - to a greater degree than those of us here in the US.)

By the way, picking as an example "one particular era of US history when one could both increase their demand for goods AND work fewer hours" is kind of the point. Rising productivity makes that possible. So, unless you think that productivity is done rising (forever) in the US, this complaint of yours completely misses the point.

Honestly, going on about the Great Depression is almost pointlessly tangential. It feels like you just want to argue, which is your thing. So I'll leave it at this.

Like you don't want to argue? You are completely missing the point. By your own admission, this trend of fewer hours at higher pay ended decades ago. You note that the benefits of productivity gains were split between labor and capital, but that relationship ended decades ago. Productivity rises at this point are being tied to increased automation which really doesn't bode well for the value of labor over time. You're using one period in history to bolster your argument that a decrease in demand for goods won't increase unemployment, and that period was never one of decreased demands for goods except for one period when unemployment skyrocketed.

If we really want to get into it, the post-war boom in the US was such a combination of once in history occurrences that pointing to it as precedent seems rather silly.

​​​​​​I suspect the real economizing we're seeing among consumers is their decisions to have fewer kids. Choosing a cheaper bike rather pales in significance when compared to that.
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