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Forum Post: There are liars, damned liars and statisticians!

Posted 8 months ago on Aug. 18, 2013, 3:29 p.m. EST by equibble (34) from East Point, GA
This content is user submitted and not an official statement

“There are liars, damned liars and statisticians!” So said Mark Twain. What he didn't say is that statistics lie. They don't unless falsified by those who use them to bend the will of the people to their own ends.

Statistically speaking, how does the probability of success vary with the concentration of wealth? Before that question is answered we must decide what wealth is. Since I'm writing we'll use my definition. Wealth is land, resources, productive facilities and the energy to produce it from the first three. Included in energy to produce wealth is labor. I won't include it, because in a rational world peoples who work will consume as much wealth as they produce. People who work are the real producers of wealth. Also, I won't include money. Money isn't wealth. Money represents wealth in trade. As to the original question: how does the probability of success vary with the concentrate of wealth? I'll leave that as an exercise for the reader.

Chris Hedges has noted the probable outcome when workers are short changed in the marketplace.

http://www.truthdig.com/report/item/murdering_the_wretched_of_the_earth_20130814/

Murdering the Wretched of the Earth

Posted on Aug 14, 2013

By Chris Hedges

4 Comments

4 Comments


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[-] 2 points by ZenDog (20490) from South Burlington, VT 8 months ago

Included in energy to produce wealth is labor. I won't include it, because in a rational world peoples who work will consume as much wealth as they produce.

That has never been true, and the reason it has not, ever, been true is the same reason we began cultivating for harvest in the first place.

Life itself is uncertain, and like life, food resources - which are themselves life - are also and always have been, uncertain. Hence the need to produce more than we consume, as a buffer against that day, which will come, when production is not possible.

[-] 0 points by equibble (34) from East Point, GA 8 months ago

That which is put aside for future consumption is part of a people's consumption. That said, my point is that in a rational world, the rich will not be allowed to tax the production of real workers to continue their worse than useless existence.

Peace. I agree with your reading. We needn't debate or quibble.

[-] -1 points by equibble (34) from East Point, GA 8 months ago

When will I be allowed common rights as a member of this forum? Who runs this show? The Supreme Court? Why can't I vote, even for myself? Are the moderators red state fascists? No respect for freedom of speech or voting rights?

[Removed]

[-] -1 points by TropicalDepression (-45) 8 months ago

Welcome to the Bizzaro World