Adam Smith's libertine didn't allow the concept of rent-seeking entities. It sure as well wouldn't allow polymarket gamblers
"As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce."
"[the landlord leaves the worker] with the smallest share with which the tenant can content himself without being a loser, and the landlord seldom means to leave him any more."
"The landlord demands a rent even for unimproved land, and the supposed interest or profit upon the expense of improvement is generally an addition to this original rent. Those improvements, besides, are not always made by the stock of the landlord, but sometimes by that of the tenant. When the lease comes to be renewed, however, the landlord commonly demands the same augmentation of rent as if they had been all made by his own. "
"RENT, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances. In adjusting the lease, the landlord endeavours to leave him no greater share of the produce than what is sufficient to keep up the stock"
"[Landlords] are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind"
"[Kelp] was never augmented by human industry. The landlord, however, whose estate is bounded by a kelp shore of this kind, demands a rent for it"
"every improvement in the circumstances of the society tends... to raise the real rent of land."
- Adam Smith (Ch 11, wealth of nations) [Pasted this from a highly relevant reddit thread(0)]
Adam Smith has wrote extensively about how much he disliked Landlords. It's a great tragedy that most people consider him with only his capitalist aspects but he was worried (from what I feel like) about landlords and many people forget that.
So my point is, that Adam Smith would definitely be against polymarket betting because its a form of renting in some vague sense but more importantly an insider trading and just all the weird shenanigans that we also associate with the parasitic nature of landlords can be associated to polymarket gamblers/degenerate betters too (which is what this article talked about)
(Pardon me if this got long but I genuinely feel puzzled by the fact that not many people in the world know that adam smith, the father of capitalism, even he was against the rent-seeking practices which I feel like can also be talked about to how large social media/corporations are feeling rent seeking on their platforms/algorithms too)
A little ironic at the same time as well on how we justify the existence of these very things in the name of capitalism too. My feeling is that Adam Smith would feel some-what betrayed by what rent-seeking social media hubs and polymarket betting and crypto bro thing is being done in the name of capitalism, when he was so against the practices of rent-seeking.
(0): YSK: Adam Smith spoke of landlords as cruel parasites who didn't deserve their profits & were so "indolent" that they were "not only ignorant but incapable of the application of mind." : https://www.reddit.com/r/adamsmith/comments/zche7/ysk_adam_s...
I can understand how you would call inside traders rent seekers. I don't understand the connection for some guy betting a hundred bucks. What's "parasitic" about the median person on the site?
(Also landlords only gain all the surplus when the entire system is super biased. It's not inherent to the concept of landlording. What's the alternative to having landlords anyway?)
I feel like my point more than anything (in the scope of this discussion) is that, relevant to the discussion (Polymarket gamblers threaten to kill me over Iran missile story)
> What's "parasitic" about the median person on the site?
The median is kinda skewed to be honest. The median you and I think is very few percentage points in my opinion.
There are definitely some (very few) people who can maybe use the platform in a "decent manner" but I feel like its 1 out of 20 type situation but sure theoretically I have nothing against those people actually.
> But you critiqued basically everyone on the site
My apologies in the sense, that I mean to critique the 19/20 people. I did think when writing the first comment that maybe I should've highlighted it more but I already partially did it by writing "degenerate" etc. words
So I definitely agree with you on that aspect. Not everyone especially not the people you are talking about now are parasitic in that sense but key point being the people mentioned in the article being the worst bunch as you mention.
> Also did you finish your first sentence?
Yea, I re-read it, it feels incomplete but in essence, I sort of agree.
TLDR: I can agree with ya in the sense that there are definitely some people on the platform who can use it in a decent manner but the people mentioned in the article aren't the ones. Also even with that being said, I feel like the platforms can push the people with decent manners to indecency.
It's the idea that I heard somewhere or watched but the idea's basically "slowly at first, then all of a sudden"
My understanding of US/America/even-other-parts-of-world is that they weren't always like this but slowly turned into something where instead of voting for the better candidate, you are voting for a slightly less worse candidate and that opens up a can of worms because you just have to be or you have to somehow present yourself as a slightly lesser bad option to the masses (well the masses who vote anyway)
Another tactic I have seen is just proposing that we will do something that no-one thinks is possible or should be possible because they don't make sense and its a "joke" but you plant the seeds in terms of jokes which they later capitalize upon on.
Things happen slowly then all of a sudden and then they become norm. It's the silence that we have during it happening slowly that speaks the loudest.
Actually here in the US the "politically sophisticated" voter chooses a party first, votes for their party every single time and chooses policy positions to fit their party rather than other way around.
A few percent of people just kinda blow in the wind and might on a lark join in with a presidential candidate to "have a little fun" and those people are who make the difference in competitive elections.
Having been involved those choosing the party positions often are secretly voting third party. They are trying to change the party potition and when it works the vote for the party, but when it fails they vote for who they like.
people who only vote in the general election, and maybe the primaries have choosen their party and then potitions based on the party.
In New York many elections are so lopsided that I'm inclined to vote third party because voting either D or R if I don't like the candidate is "wasting my vote".
I was active in the Green Party (twisting people's arms to run for local office) in the early 2000s and think about voting Green in each presidential election but it's been a while because I don't particularly like Jill Stein and think if you're hard on CO2 you should be easy on Uranium.
How much drastic would things be if these corporations do open source it? I like to think that markets are fairly efficient so they are fighting tooth and nail for micro-percentage points which granted can be billions but usually what these companies really do is short of fraud at times which can be celebrated by finance (Jane Street frauding Indian investors)
My opinion is that they aren't worried about their competitors so much as the govt.'s patching the loopholes that they do because the only way they are a net sum positive game (in my opinion) is that they make money from the losses of the average person and that too in fraudulent manners at time.
Why are people downvoting this? The reason why I had decided compsci or stem was also that being completely honest, I couldn't imagine myself not having the hobby of using linux and tinkering with scripts and everything. So I really get what you are talking about and I think that we are in similar states although I haven't started my bachelors and I might be much younger than you.
Linux/Terminal truly feels like opening another dimension of thinking, its too luring sometimes.
Yeah, exactly. I just love working with and understanding computers. They open up so many possibilities.
Working with ai vs. coding yourself is the difference between ordering electrical components from digikey vs. designing them yourself. You can end up with functionally the same result and a lot faster, but they're hardly comparable activities!
And I'm just 28, but I've been fucking around with computers non-stop since I was 12 :) Only as a hobby, mind you. Never as a job.
I am a teen who is hopefully going to go to college (Preferably CS), My reason is and was that I really love tinkering with computers and code related automation/scripts (more importantly thinking about scripts)
And to be honest, my intention with going to college is hopefully to rip off any use of AI that I do or have a more learning experience because right now I am bounded severely with time but my curiosity still exists, so I just build things to "prove" that its possible. But within college, I would be able to give time to the thinking process and actually learn and I do feel like I have this curiosity which I am grateful for.
So to me, its like it gives me 4 years of doing something where I would still learn some immense concepts and meet people interested (hopefully) in the same things and one of the ideas I have within college is to actually open up a mini consultancy in the sense of helping people/businesses migrate over from proprietory solutions to open source self-hosted solutions on servers.
My opinion, is that people need a guy who they can talk to if any solution they use for their personal projects for example go wrong, you wouldn't want to talk to AI if for example you use self-hosted matrix/revolt/zulip (slack alternatives) and I think that these propreitory solutions are so rent-seeking/expensive that even if I have a modest fees in all of this, I wish to hopefully still charge less than what they might be paying to others and host it all on servers with better predictability of pricing.
Solopreneurship is never this easy yet never this hard because its hard to stand out. There was a relevant thread on Hackernews about it yesterday that I read about it, and the consensus there from what I read was that marketing might-work but producthunt/these directories are over-saturated.
Your best options are to stay within the community that you wish to help/your product helps and taking that as feedback.
That's my opinion, at least, being honest, I am not worried about what happens within Uni right now but rather the sheer competition within my country to reach a decent CS uni college as people treat it as heaven or just this race seeing what other people are doing and I feel like I am pissed between these two spots at the moment because to get into CS Uni, you have to study non CS subjects (CS doesn't even matter) but my interest within CS gets so encapsulating that its hard to focus on the other subjects. Can't say if that's good or bad but I really have to talk myself into studying to remind what I am studying for (even after which I can still slip up as I get too interested but that's another matter)
Good reminder for me to study chemistry now... wish me luck :)
I think it is a good spirit :-). I believe there will always be a need for people who understand the code generated by AI, be it to review it, but also to actually make it work when the AI fails.
The thing is, to be useful next to an AI, you have to become really good at software (note that I said "software", not "coding"; it includes architecture). And to be optimistic: one advantage of students today is that AI can help them learn. Back in the days it was a lot harder to find help, then StackOverflow helped a lot, and I'm sure AI helps even more now.
I feel like this can be useful for kids if you can add some genuinely nice cartoon shows from Youtube. I remember my childhood was filled with adventure time, regular show etc. and Cartoon Network and there are many decent cartoons.
And if you do this, please add 3 cartoon channels just for an option of 3 for kids. Because I remember that it was 3 cartoon channels for me but mostly Cartoon Network, Some disney xd and an niche cartoon channel that I used to watch by. Maybe even have it between Anime (Shinchan/Doraemon/Kitretsu) and Normal animations (Avengers/Spiderman etc.) and Cartoon Network (Regular Show/Adventure Time/Steven Universe)
But the reason why I discovered it and why I feel like young kids nowadays can't find is that I used to go to my TV after coming from school and watch these nice shows for example, whereas now its all youtube.
So in a way, your website can help kids and also parents to better help moderate what their kids watch.
Also even aside from kids, this is something really cool in it of itself that I imagine myself using as well :) Nice project! I just hope that if possible you can add something so that kids could watch it too maybe as well as I find it to be nice possibility to add
I am also curious how you curate the Content for Cable TV in the first place.
Edit: But once again, I want to say that this is a project that I want to use for myself too for these channels as I also go through the same problem where I get the problem of too much choices and overstimulus and feeling of overwhelm.
To be honest, much of the lessons of this were something that we could've already looked back during all the wars humanity has fought all throughout history to learn from.
We are in here, because we didn't learn from our history. You feel this way because this is recent and its hitting everything all at once but I do feel like these were all very avoidable lessons. Being honest, I don't feel like we learnt anything new aside from seeing how the world is still trying to clutch itself back to stability even after all the instability Donald Trump is causing within the world (for better or for worse) and seeing how the world reacts to all of this live.
But I am not quite sure if future will learn from these lessons given that its feeling to me like history doesn't repeat itself but it often rhymes and we somehow don't really learn from the history to be honest.
I listened to my country's old music (India) and although some dates are missing. Overall, really impressive.
The thing that I find amazing is that I have listened to songs from 1950 from the "mera joota hai japaani" to quite some old songs. There were only a few songs that I hadn't heard in total. (I have heard the movie awaara from which the song is, had gotten quite famous in Russia during that time too)
Lata Mangeshkar truly dominated the Indian records. She was truly an Nightingale of India (Rest in peace)
It was from the 1995 -> 2000/2005 shift that I found Indian music to have this feeling of "old" to "new", is this even an Indian specific effect or all across the world?
I feel like the reasons I know the retro songs are because for example the 1950's song is so iconic that nearly 70-75 years later, we are comfortable singing it. I think that also is because of India's Independence being in 1947 and the song being a patriotic song (essentially meaning that no matter what nation's clothes I wear, I will always be an Hindustani)
1995's Tujhe Dekha toh ye jaana sanam and DDLJ and Jaa Simran Jaa is like SRK's magnus opus that the actor is defined by this era.
I think that the one of the reasons that new gen knows about these songs is also because our parents listen to these songs and jukeboxes within the house and my father had the habit of tuning into 92.7 when I had to go to school and they always had retro songs. Although we only listened for 5 minutes but I definitely remember some songs that I heard on the radio (Gulaabi Aakhein)
It also solved one of the mysteries I had on what song is used by the popcorn makers who come near homes, they are/were so catchy. I used to think it was the song "twisted"[0] but that movie came out sort of recent and I couldn't understand but it was with this app that I found that twisted song was a remix of the 1955's third most famous song by lata mangeshkar (mann dole mera tann dole) from the iconic movie naagin.
It truly feels like music sums up some aspects of my country and usually the music which gets famous is because the movie becomes generational too that its quote can be referenced even till today. I can only imagine the same for some other countries as well.
It makes me wish to listen to other countries musics to learn about their culture.
Joota hai japani/writing this comment made me remember of an experience from my life. There is another song from the same movie "awara" known as "Kisi ki muskarahoton par ho nisar" and I was once very ill and y'know how you feel really sad when you're ill or something, I then remember listening to this song and I am not sure but that day I ate some biscuit Krack jack and I really felt happy/better so that had the effect of me preferring those biscuits a lot too. I still eat those biscuits sometimes and listen to this song.
It also reminds me of, I had a music teacher in my school, Prem sir [Prem meaning love], and being honest I have never seen a teacher this patient with kids. He would play songs and we would try to guess. He used to tell us stories about him playing flutes near his house iirc and I still remember him singing "Achutam Keshavam Krishna Damodaram" song in his voice. He was one of the best teachers I had. His passion in music was seen by his patience and how he treated us nicely even if we are shouting as kids and making ruckus, he would then sometimes sing the tunes of song and then have us guess it and the whole class would be pin drop silent except his music and he is an expert of many music instruments. He is such a kind and patient soul. He used to sing these retro songs and the music teachers in our school so that was another source of influence of retro songs even though the gap between my generation and songs are large, but its the teachers and everyone who introduced us.
Thank you for making this app kind stranger. I hope many others feel the same way about some sense of nostalgia/remembering past events like I did with your application.
This message made my day. Thanks so much for sharing! Funny enough, part of the inspiration for this project came from a trip to India I took just a couple of months ago. Love your country and its music
> Funny enough, part of the inspiration for this project came from a trip to India I took just a couple of months ago. Love your country and its music
Your welcome! That's great to hear that my culture/heritage and my nation left a positive impact on ya. I really appreciate your comment and your application. Wishing you many good wishes for your future from my side. Enjoy having a nice day!
I think its the murphy's law/hyrum's law and combine that with rebel nature and you really can't do nothing about it. The only thing one can do is maybe reduce the ease of things for example but I have a feeling that will only make things go through different mediums and I am not sure if banning all mediums might be the correct approach but that's up for debate.
Speaking from personal experience, To leave bad habits, I think that kids need identity change. Maybe one can try changing Identity with incentives and environment but perhaps maybe one can try changing Identity with having a thought process as well.
It's like, "teach a man how to fish and he can eat fish for the rest of his life" My point is, teach kids how to think and yes, even then, these addictions will happen but have faith within kids and give them support systems. Every addiction ultimately derives from a form of insecurity and sometimes its circular because the addiction becomes the point of insecurity and this is why addiction can be hard to get out of too. Ultimately, A kid all wants to know is that even with his flaws, he's accepted within society and that they can be successful (whatever-it-might-mean for them)
That being said, One of the best things the world can probably do is give a life of abundance-in-general to us. Not riches just "enough". Poor kids feel like they are helpless so they get addicted, Rich kids feel like nothing matters so they get addicted, the middle class kids are uncertain about their future and they get addicted as a form of gaining control (in my feelings)
Though, If I have to sum up everything that I wrote, it would be that please try leaving a better world for the next generation (us) and we will appreciate it and hopefully trying doing the same for our next generation too hopefully and many of those actions are individual, often-private. The world is feeling quite chaotic nowadays so I feel like nobody is prepared to deal with it and as such each generation copes up in one way or another and taking control from one another which is also relevant to the article.
The whole discussion is way too nuanced. One can write so much about it and this can also lead to action-paralysis. I had even written more words somehow responding to ya[0]
"As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce."
"[the landlord leaves the worker] with the smallest share with which the tenant can content himself without being a loser, and the landlord seldom means to leave him any more."
"The landlord demands a rent even for unimproved land, and the supposed interest or profit upon the expense of improvement is generally an addition to this original rent. Those improvements, besides, are not always made by the stock of the landlord, but sometimes by that of the tenant. When the lease comes to be renewed, however, the landlord commonly demands the same augmentation of rent as if they had been all made by his own. "
"RENT, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances. In adjusting the lease, the landlord endeavours to leave him no greater share of the produce than what is sufficient to keep up the stock"
"[Landlords] are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind"
"[Kelp] was never augmented by human industry. The landlord, however, whose estate is bounded by a kelp shore of this kind, demands a rent for it"
"every improvement in the circumstances of the society tends... to raise the real rent of land."
- Adam Smith (Ch 11, wealth of nations) [Pasted this from a highly relevant reddit thread(0)]
Adam Smith has wrote extensively about how much he disliked Landlords. It's a great tragedy that most people consider him with only his capitalist aspects but he was worried (from what I feel like) about landlords and many people forget that.
So my point is, that Adam Smith would definitely be against polymarket betting because its a form of renting in some vague sense but more importantly an insider trading and just all the weird shenanigans that we also associate with the parasitic nature of landlords can be associated to polymarket gamblers/degenerate betters too (which is what this article talked about)
(Pardon me if this got long but I genuinely feel puzzled by the fact that not many people in the world know that adam smith, the father of capitalism, even he was against the rent-seeking practices which I feel like can also be talked about to how large social media/corporations are feeling rent seeking on their platforms/algorithms too)
A little ironic at the same time as well on how we justify the existence of these very things in the name of capitalism too. My feeling is that Adam Smith would feel some-what betrayed by what rent-seeking social media hubs and polymarket betting and crypto bro thing is being done in the name of capitalism, when he was so against the practices of rent-seeking.
(0): YSK: Adam Smith spoke of landlords as cruel parasites who didn't deserve their profits & were so "indolent" that they were "not only ignorant but incapable of the application of mind." : https://www.reddit.com/r/adamsmith/comments/zche7/ysk_adam_s...
reply