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History suggests Australia could be left behind by next industrial revolution
Topic Started: 29 Dec 2016, 11:18 PM (2,448 Views)
Jon Snow
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http://www.abc.net.au/news/2016-12-29/could-australia-fall-behind-in-next-industrial-revolution/8152952

That's OK. Apparently wealth rises up through the earth from tunnels built by the world's most overpaid people. Science and technology don't matter. We should probably shut down the schools to save some money and just teach people how to dig holes.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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newjez
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Wrong thread.
Edited by newjez, 30 Dec 2016, 04:00 AM.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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herbie
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Ya got lots 'n lots a mines in Sydney 'n Melbourne 'n Canberra? Well I never ... LOL LOL LOL
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Rufus
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I genuinely feel sorry for people who can only see negatives.

It stunts their growth and robs them of opportunity.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Terry
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Jon Snow
29 Dec 2016, 11:18 PM
http://www.abc.net.au/news/2016-12-29/could-australia-fall-behind-in-next-industrial-revolution/8152952

That's OK. Apparently wealth rises up through the earth from tunnels built by the world's most overpaid people. Science and technology don't matter. We should probably shut down the schools to save some money and just teach people how to dig holes.
If it's any consolation, the older our suburbanites get, the more they think they're living in the best place in the world, relative to other countries.

Posted Image
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Trollie
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I had a good chuckle at the tripe in that article, but this one takes the cake.

"This is a problem because it was Australia's relatively low levels of inequality that put us in an advantageous position during the last industrial revolution."

The industrial revolution started in the 1760's, 28 years before the first fleet landed in Australia. And that fleet was full of convicts!

So a colony of convicts and their jailers which arrived 28 years after the start of the industrial revolution, was in the drivers set of the industrial revolution? Because there's a low level of inequality between 18th century convicts and their jailers?

Notice how the sly f***ers don't quote anything to back up that view? Gullible fools like John just live to lap this shit up, and he took it hook line and sinker.



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Sydneyite
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Yes complete tripe. Full of references to articles published by left wing / socialist think tanks - as igf any socialist really has any idea about what generates economic growth over the long term.... :re: Australia will be fine - won't be easy (it never is) but we have enough underlying wealth, plus smart, educated, and driven individuals to ensure that we benefit economically from any ongoing technology development.
Edited by Sydneyite, 30 Dec 2016, 01:18 PM.
For Aussie property bears, "denial", is not just a long river in North Africa.....
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Terry
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Sydneyite
30 Dec 2016, 01:17 PM
Yes complete tripe. Full of references to articles published by left wing / socialist think tanks - as igf any socialist really has any idea about what generates economic growth over the long term.... :re: Australia will be fine - won't be easy (it never is) but we have enough underlying wealth, plus smart, educated, and driven individuals to ensure that we benefit economically from any ongoing technology development.
Oh, it's the anti-peer group conspiracy. Rather ironic that we derive our income from trading with the world's largest "socialist" nation.

The "left / right" dichotomy is one of the most pure expressions of suburbia.
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Sydneyite
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Terry
30 Dec 2016, 01:38 PM
Oh, it's the anti-peer group conspiracy. Rather ironic that we derive our income from trading with the world's largest "socialist" nation.

The "left / right" dichotomy is one of the most pure expressions of suburbia.
No problem trading with / deriving income from a socialist (communist) state - but that does not mean we want to adopt their political system or economic framework - we would all be poorer for it. What's the GDP/capita of China (~US$8k)? What is Australia's (~US$56k)? The success China has had in recent timesin developing her economy and lifting hundreds of millions out of abject poverty has come from adopting "capitalist" principles, not socialist ones. I rest my case.

Don't listen to socialist ideologues when it comes to trying to understand how to build the wealth of a society.

Typical BS waffle from you Tezza! :re:

EDIT: Source of GDP/capita data here: http://data.worldbank.org/indicator/NY.GDP.PCAP.CD
Edited by Sydneyite, 30 Dec 2016, 01:57 PM.
For Aussie property bears, "denial", is not just a long river in North Africa.....
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Terry
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Sydneyite
30 Dec 2016, 01:53 PM
No problem trading with / deriving income from a socialist (communist) state - but that does not mean we want to adopt their political system or economic framework - we would all be poorer for it. What's the GDP/capita of China (~US$8k)? What is Australia's (~US$56k)? The success China has had in recent timesin developing her economy and lifting hundreds of millions out of abject poverty has come from adopting "capitalist" principles, not socialist ones. I rest my case.

Don't listen to socialist ideologues when it comes to trying to understand how to build the wealth of a society.

Typical BS waffle from you Tezza! :re:

EDIT: Source of GDP/capita data here: http://data.worldbank.org/indicator/NY.GDP.PCAP.CD
In your own words:

If any socialist really has any idea about what generates economic growth over the long term

So "free market" Australia is just "taking the money" from the socialists who know nothing about economic growth, but are learning the ways of capitalism. Good heavens.

The trucker-cap-wearing community would agree wholeheartedly.
Edited by Terry, 30 Dec 2016, 02:17 PM.
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