Zoning laws, the fact that the ghetto is not an appealing place to open a new businesses, rent control, minimum wage, child labor laws, criminalization of drugs, protectionism, affirmative action, ect.
Democracy is nothing more than replacing bullets with ballots
If Pro is the opposite of Con. What is the opposite of Progress?
Things I would blame the formation of ghettos on:
1. Welfare that creates incentives for young, single women to have illegitimate children and for capable workers to not work and instead become criminals.
2. Drug laws that prevent successful inner city entrepreneurs from doing their work and hiring others.
3. Shitty public schools that entrap inner city kids into a "culture of poverty."
4. Shitty public courts and police forces that do not protect inner city residents from crime.
5. Public housing, which is usually in disrepair and creates a pro-crime psychological arena. The bureaucrats in charge of public housing are usually not able to prevent crime on their premises, either.
6. Minimum wage laws that prevent the least skilled inner city residents from getting a job.
7. Unions that artificially raise wage rates that prevent the least skilled inner city residents from getting a job.
8. High taxes and regulations which prevent businesses from hiring inner city residents and new small businesses from springing up in inner cities.
Mises Community Natural Rights Discussion Group
That ain't cigarettes their smokin' it's bug dust, and the cans on that street ain't covered.The Caddies are powered by pure lust, and you slide between cans and get smothered.
Oops... I thought this was 'Poetry in the Ghettos'
Yes, I blame nearly all of the problems on fractional reserve banking. If you do not, then you don't understand how it works. It creates limited resources, monies. Because it creates more debt than can possibly be paid off. And it devalues the dollar so that saving is discouraged. That is why you see so many people spending so much money on silly stupid things. The money is silly. We are playing with monopoly money, the banks have all the money. They are collecting interest currently on 45 trillion dollars. Imagine what that comes out to be a day? What is crazy is that there is not 45 trillion dollars in the first place. Limited resources means survival, survival means tribal mentality and grouping. Groups then fight for the limited resource because it is more of an advantage. People who do not win out, then own nothing and are owned by the state. Violence comes from peoples who own nothing but pride. If you have a multi-million dollar mansion, and someone calls you a bad name, who cares. You have personal property which is an extension of you. If all you have is pride and ego, that is all you have to defend. If you had your multi-million dollar mansion and someone came to take all of it, you would fight violently too. It is not ethnic. It is human.
Byzantine: The element you're overlooking is that not everybody saves and invests, or even consumes wisely. Nor does everybody "gain skills and specialize."
The element you're overlooking is that not everybody saves and invests, or even consumes wisely. Nor does everybody "gain skills and specialize."
That's true. And those who don't produce, save, invest, or consume wisely will become poor. That's the markets method of punishing those who do not contribute. Most people don't want to be poor so they do produce, save, invest, and consume wisely. poverty is natural but, there is no natural reason why these people would congregate and establish a neighborhood of isolated poverty.
"Those who do not save, invest, and consume wisely will become poor" The economic system is designed to keep savings very low. Keynesian economics... (wikipedia) "To Keynes, excessive saving, i.e. saving beyond planned investment, was a serious problem, encouraging recession or even depression."
That is why they give out cheap money, so that savings are stolen. So you are then forced to maintain value to invest in something you don't understand. Obviously this would be wise right? Put all of your savings in the stock market even though you don't even begin to understand it.
I love how we are talking about the fractions of groups that do not survive. And asking why they don't survive. We group them together and make justifications. Hello, there has to be failure for the system to work. And what ends up after failure. Ownership from the state. Because the economy is becoming a closed economy. What happens when money is no longer good for barter around the world? Countries nationalize. AIG, Banks, Health Care. These are all becoming or have become nationalized. That is what happens to the failure, it is eaten by the state. That is why there are more and more failures, so the state can get bigger. Who cares what color they are, who cares why they failed. All that matters is that the system is setup to fail, and that there will be more and more failure.
Brandon, OK so now it seems you agree somewhat with Byzantine. Let's see if my jazzed out brain is with it here. If there is no natural reason people congregate then it must be economic, NO? And it seems Byzantine said essential that the real picky geeks more or less squeeeeezed them out of the clean and lovely middle class neighborhoods. So then we kind if have this Marxian thing going too where economics is affecting human behavior, and around we go again. Yikes! if all the schools of economics are valid at the same time, then the feedback loop is a natural thing too. Oh NO! Should I sell my platinum and titanium and buy a McMansion before it's too late?
I hate to sound rude or unintelligent, but sometimes I swear I need a translator to understand your posts.
I'm not sure whom you're addressing, but since I'm the one with Broca's Aphasia it's probably me, as usual. Reflecting on all this it occurs to me that a circular affect may BE going on. Commerce is human action - economics is an extension of commerce and economic theory is the subjective analysis of the rules and methods of commerce - human action is affected by economics. A loop forms, and so perhaps is part of the sustaining effect on the slums.
Ludwig von Mises Institute | 518 West Magnolia Avenue | Auburn, Alabama 36832-4528
Phone: 334.321.2100 · Fax: 334.321.2119
contact@Mises.org | webmaster | AOL-IM MainMises
Mises.org sitemap