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Western Society Vs 3rd World

It think its amazing that the cost of things in society are determined by demographics. It's funny i went to Costa Rica for a holiday and ended up having a tooth problem. So i went to the dentist and while i was there I ended up having a shit load of work done: filling (7), two root canals with caps being made etc etc along with, a couple of teeth being removed. All up i spent just over a 1000us. If i had done this back home in Australia or here in the States it would have cost me over 3000us.

Another thing my woman inquired about breast implants there as well which were going to cost 2400us not the usual, like you would pay here 8000/10000 and up in the States.

I understand that this is a clear reflection to the nature of that economy but damm it really shows how fucked things are in this world.

Is this the advent of 3rd world countries trying to become westernized but cant bridge the gab between a modern world and that of the past? Arguably demographics has a huge hand in this social dilemma!

pretty sure it comes down to money and inflation and the exchange rates.

Read Marx and you will understand everything.

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Originally posted by Joss Weatherby Read Arghiri Emmanuel and you will understand everything.

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Originally posted by Joss Weatherby Read Marx and you will understand everything.

yes already have, studied sociology at uni.

im just pointing to the nature of demographics as a current trend as to why there are obvious social differences that exist between one country and another! Marx mentions a few things, as to Durkheim and others.

Inflation, perhaps and demand also. the demand for something has perhaps driven the cost up in a western or more modernized society even though the demand is equally concurrent in a 3rd world society we could argue. and, yes industrialization is the main contributing factor as Marx would speak of.

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Originally posted by Energy_3 yes already have, studied sociology at uni. im just pointing to the nature of demographics as a current trend as to why there are obvious social differences that exist between one country and another! Marx mentions a few things, as to Durkheim and others. Inflation, perhaps and demand also. the demand for something has perhaps driven the cost up in a western or more modernized society even though the demand is equally concurrent in a 3rd world society we could argue. and, yes industrialization is the main contributing factor as Marx would speak of.

I was referring to more the economic things he talks about like intangible wealth and how wealth can become detached from any sort of physical object or idea and begins to exist solely for the purpose of being wealth.

If you read about that it explains a lot why things cost more or less in certain places.

quote:

Originally posted by Joss Weatherby I was referring to more the economic things he talks about like intangible wealth and how wealth can become detached from any sort of physical object or idea and begins to exist solely for the purpose of being wealth. If you read about that it explains a lot why things cost more or less in certain places.

its been while since i read good ol Marx, much respect to the man thats for sure. so what your suggesting is that wealth derives itself from its own identity and its detachment i guess, would rest upon the idea of how it becomes a commodity in transit.

10$ that you'll have to redo the tooth (and boob) job in a couple of years.

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Originally posted by malek 10$ that you'll have to redo the tooth (and boob) job in a couple of years.

yeah maybe thats what i was thinking when i was sitting in the chair. my lady didnt end up doing it, and one of the reasons why was in fact that if you get it done ther you either hav to go back ther to get them fixed or pay to get them fixed in another country which, will cost your more. so ends up being a catch 22.

but so far the caps are holding up! touch wood.

You can learn just as easily about fiat currency from Mises, except his alternative proposals are more grounded in reality instead of lala land.

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Originally posted by iTranscendence You can learn just as easily about fiat currency from Mises, except his alternative proposals are more grounded in reality instead of lala land.

+1

Marx is an idiot.

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Originally posted by iTranscendence You can learn just as easily about fiat currency from Mises, except his alternative proposals are more grounded in reality instead of lala land.

you know nothing about economics. and anyone that takes mises as a source for such issues is as clueless as you are (yes capitalizt im talking to you). i find it amazing how you've been repeatedly thrashed over the fiat money debate yet you still maintain the same myopic opinions.

well im lost never read anything on mises. but Marx from what i read had some valid points but i do agree that some of his conceptions were a little altered.

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Originally posted by Energy_3 well im lost never read anything on mises. but Marx from what i read had some valid points but i do agree that some of his conceptions were a little altered.

Mises is part of the Austrian school of economics, which is a misnomer because they�re not economists, only social theorists masquerading as economists. They don�t deal with hard numbers, just esoteric principles like any other social theory.

They think that fiat currency is the devil and favour archaic monetary constraints like the gold standard, with little or no understanding of why all countries left the gold standard (most of whom did so after seeing the influence of the gold standard deepening and prolonging the great depression).

They are influential to bottom-feeder, populist idiots like ron paul who lack the economics nous to know any better, but are largely ignored by real economists the world over (for very good reason). Its easy dealing in social theory rather than hard economic data, hence its appeal to people that aren�t economists, like capitalizt (dropped out of uni) and iTranscendence (right-wing conspiracy theorist).

lol pk I knew you'd get pissed when I called your man Marx an idiot.. No, the Austrians aren't part of the establishment massive government school of economics so they get no respect from the Keynesian crowd..but personally I'd consider that a great compliment. The "serious" econ people after all have led us to the current global shitstorm. The national debt in America has increased 1,600% since 1980 and we are currently flying down the road to socialism. The left is dominant worldwide and most governments are approaching (or exceeding) a parasitic 50% of GDP. There is no counterbalance to halt this trend. Obama's own numbers put the US debt at $22 trillion within ten years and we are also facing a shortfall of $40+ trillion in the next 40 years on social insecurity and medicare. The future looks dismal and taxes simply can not be raised enough to compensate for the coming shortfall.

Unless we have a DRAMATIC reduction in the size of government (which only the Austrian school proposes), there won't be enough wealth to siphon away from the productive sector to keep govt running. Our only option is to counterfeit (inflate) our way out of trouble. You never hear any "mainstream" economists proposing a way out of this, or even acknowledging it as a serious problem. Their answer will always be the same..more taxes, more debt, and more currency devaluation.. The current trend is unsustainable and very few people in Washington (including Ron Paul) recognize this. What has the policy of the "wise" and accredited economists done for us? Well, they created a massive bubble built on excessive debt and credit expansion, didn't see the impending collapse, and are now trying to cure the collapse with yet more debt and credit expansion..lol it's frakking genius. Gotta respect them for trying new ideas.

P.S. Just for the lulz...

Your favorite Austrian "non-economist"..


vs your favorite mainsteam economist..


"We will follow developments in the subprime market closely. However, fundamental factors�including solid growth in incomes and relatively low mortgage rates�should ultimately support the demand for housing, and at this point, the troubles in the subprime sector seem unlikely to seriously spill over to the broader economy or the financial system." - Federal Reserve Chairman Ben Bernanke, June 5, 2007

interesting. yes were heading on a downward spiral. I dont really know to much about this theory as its not my area. But i am fascinated by it though. thanks for that PKC.

ultimately the government restricts/or remands the nature of economic sustenance i think as a way of mediating the demands between human and product - purely as a means of resources mentoring".

fair enough economic downfall catches people by surprise given its ability to entertain itself from its own creation which i think catches the government by surprise also. But this is why regulation and policy exist to keep and provide stable government. I feel that the problems we face as a society are created out of want and need to entertain a certain outcome - the end of this society.

if i dont make sense tell me to shut up"

Lies, lies! Brazil is still considered a 3rd world western country and we've got the most expensive iPod in the world, not to mention services in general We get to have the worst of both worlds!

quote:

Originally posted by Joss Weatherby Read Adam Smith's The Invisible Hand and you will understand everything.

fixed

Adam Smith didn't write a book called The Invisible Hand.

He wrote just two books in his life, Wealth of Nations and Theory of Moral Sentiments.

quote:

Originally posted by Joss Weatherby Read Ayn Rand and you may never understand anything any more.

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Originally posted by MrJiveBoJingles Adam Smith didn't write a book called The Invisible Hand. He wrote just two books in his life, Wealth of Nations and Theory of Moral Sentiments.

haha, thanks.

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Originally posted by pkcRAISTLIN you know nothing about economics. and anyone that takes mises as a source for such issues is as clueless as you are (yes capitalizt im talking to you). i find it amazing how you've been repeatedly thrashed over the fiat money debate yet you still maintain the same myopic opinions.

Yeah, your incessant name calling definitely wins debates.

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Originally posted by iTranscendence Yeah, your incessant name calling definitely wins debates.

you seem to be under the mistaken assumption that your opinions are worthy of debate

Re: Western Society Vs 3rd World

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Originally posted by Energy_3 It think its amazing that the cost of things in society are determined by demographics.

Actually it's income.
Very (barebones) simply put-
A Costa Rican's average yearly income is US$3000, Australia's yearly income is around US$50,000 so it comes down to what the market will bear in terms of cost.
Price it too high and you sell nothing.

quote:

Originally posted by MrJiveBoJingles Adam Smith didn't write a book called The Invisible Hand. He wrote just two books in his life, Wealth of Nations and Theory of Moral Sentiments.

and we all know adam smith was wrong...

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