Re: A.M.D. to Split Into Two Operations

Robert Myers wrote:
> On Oct 13, 1:02 pm, Del Cecchi
> 
>>The belief in the power of free markets is not superstition.  It might
>>be incorrect but that doesn't make it superstitious.
>>So if you "trash markets", what would the replacement be?
>>
> 
> 
> Western Civilization suffers from a serious case of science envy.
> Newton came up with some laws that (for once) actually worked.  There
> is no trope of language that I could marshal that would overstate what
> Newton did.  Suddenly, everything had to have a law.
> 
> Newton's work was truly built by standing on the shoulders of others.
> Lifetimes of tedious work, sometimes jealously guarded, as in the case
> of Tycho Brahe.
> 
> Because (to a very good approximation) the movements of celestial
> bodies obey laws doesn't mean that anything else does.  Inventing laws
> based on incomplete information is not even not science.  It is
> superstition.

Actually it is science.  Everyone from Charles Darwin to Stephen Hawking 
has done so.
> 
> People do this constantly.  They notice pattens and they invent
> rules.  They think they are much smarter and much more insightful than
> they are.

Actually they made a logic rule "correlation is not causation".  People 
do all sorts of stuff.
> 
> The shuck of free market "theory" is that, well, ok, so individuals
> often get it wrong.  In the aggregate, markets get it right/  Where's
> the proof?  It is pure superstition.

Who ever said aggregate markets get it first time every time?  Sounds 
like a straw man to me.  You have heard of "extraordinary delusions and 
the madness of crowds", right?  It is just that free markets, like 
democracy, seem to do better than any other system that has been tried.
> 
> What to replace it with?  Who says it's in***bent on me to answer such
> questions?  You want me to invent a law because, like everyone else,
> you seem to think that everything is amenable to analysis and the
> invention of laws.

If you claim the free market system is so bad that it needs to be done 
away with, then surely you have an idea of what it should be replaced 
with.  Anarchy, totalitarianism, dictator****p of the proletariat?  If 
you can't come up with anything, consider that perhaps the free market 
system, like democracy, is the best of a bad lot.
> 
> The abuse I've put up with here merely for begging to differ should
> give any reasonable person pause.  There is nothing free about your
> "free" markets.  It's just another tyranny with a different name.
> 
> Robert.

I haven't abused you. On the contrary I have gone out of my way to be 
courteous and professional.

On the other hand, there is nothing about any system that can force 
everyone to be kind and understanding all the time, although I try very 
hard.  (and they aren't "my" free markets)

I still don't understand what your real issue is?  Is it just a scream 
of primal rage at the success of x86?

del