What is the purpose of ResMed?
Wow! THANK YOU, Janna, for listing me w/such DISTINGUISHED company!!
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Women are Angels. And when someone breaks our wings, we simply continue to fly.....on a broomstick. We are flexible like that.
My computer says I need to upgrade my brain to be compatible with its new software.
My computer says I need to upgrade my brain to be compatible with its new software.
Now you have me longing for an organization that will exist not for profit, but solely for the common good of apnea patients. What a wonderful idea! Such warm feelings it brings to our hearts.
Well since it is Thanksgiving and you are in this mood, it might be good to read again the very important lost story of the first Thanksgiving.
The Lost Story of Thanksgiving
Every year around this time, schoolchildren are taught about that wonderful day when Pilgrims and Native Americans shared the fruits of the harvest. "Isn't sharing wonderful?" say the teachers.
They miss the point.
Because of sharing, the first Thanksgiving in 1623 almost didn't happen.
The failure of Soviet communism is only the latest demonstration that freedom and property rights, not sharing, are essential to prosperity. The earliest European settlers in America had a dramatic demonstration of that lesson, but few people today know it.
When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.
They nearly all starved.
Why? When people can get the same return with a small amount of effort as with a large amount, most people will make little effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan convictions. Total production was too meager to support the population, and famine resulted. Some ate rats, dogs, horses and cats. This went on for two years.
"So as it well appeared that famine must still ensue the next year also, if not some way prevented," wrote Gov. William Bradford in his diary. The colonists, he said, "began to think how they might raise as much corn as they could, and obtain a better crop than they had done, that they might not still thus languish in misery. At length after much debate of things, (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves. ... And so assigned to every family a parcel of land."
The people of Plymouth moved from socialism to private farming. The results were dramatic.
"This had very good success," Bradford wrote, "for it made all hands very industrious, so as much more corn was planted than otherwise would have been. ... By this time harvest was come, and instead of famine, now God gave them plenty, and the face of things was changed, to the rejoicing of the hearts of many. ... "
Because of the change, the first Thanksgiving could be held in November 1623.
What Plymouth suffered under communalism was what economists today call the tragedy of the commons. But the problem has been known since ancient Greece. As Aristotle noted, "That which is common to the greatest number has the least care bestowed upon it."
When action is divorced from consequences, no one is happy with the ultimate outcome. If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else. Soon, the pot is empty and will not be refilled -- a bad situation even for the earlier takers.
What private property does -- as the Pilgrims discovered -- is connect effort to reward, creating an incentive for people to produce far more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.
Secure property rights are the key. When producers know that their future products are safe from confiscation, they will take risks and invest. But when they fear they will be deprived of the fruits of their labor, they will do as little as possible.
That's the lost lesson of Thanksgiving.
Copyright 2007, Creators Syndicate, Inc.
http://www.realclearpolitics.com/articl ... mmons.html
Well since it is Thanksgiving and you are in this mood, it might be good to read again the very important lost story of the first Thanksgiving.
The Lost Story of Thanksgiving
Every year around this time, schoolchildren are taught about that wonderful day when Pilgrims and Native Americans shared the fruits of the harvest. "Isn't sharing wonderful?" say the teachers.
They miss the point.
Because of sharing, the first Thanksgiving in 1623 almost didn't happen.
The failure of Soviet communism is only the latest demonstration that freedom and property rights, not sharing, are essential to prosperity. The earliest European settlers in America had a dramatic demonstration of that lesson, but few people today know it.
When the Pilgrims first settled the Plymouth Colony, they organized their farm economy along communal lines. The goal was to share everything equally, work and produce.
They nearly all starved.
Why? When people can get the same return with a small amount of effort as with a large amount, most people will make little effort. Plymouth settlers faked illness rather than working the common property. Some even stole, despite their Puritan convictions. Total production was too meager to support the population, and famine resulted. Some ate rats, dogs, horses and cats. This went on for two years.
"So as it well appeared that famine must still ensue the next year also, if not some way prevented," wrote Gov. William Bradford in his diary. The colonists, he said, "began to think how they might raise as much corn as they could, and obtain a better crop than they had done, that they might not still thus languish in misery. At length after much debate of things, (with the advice of the chiefest among them) gave way that they should set corn every man for his own particular, and in that regard trust to themselves. ... And so assigned to every family a parcel of land."
The people of Plymouth moved from socialism to private farming. The results were dramatic.
"This had very good success," Bradford wrote, "for it made all hands very industrious, so as much more corn was planted than otherwise would have been. ... By this time harvest was come, and instead of famine, now God gave them plenty, and the face of things was changed, to the rejoicing of the hearts of many. ... "
Because of the change, the first Thanksgiving could be held in November 1623.
What Plymouth suffered under communalism was what economists today call the tragedy of the commons. But the problem has been known since ancient Greece. As Aristotle noted, "That which is common to the greatest number has the least care bestowed upon it."
When action is divorced from consequences, no one is happy with the ultimate outcome. If individuals can take from a common pot regardless of how much they put in it, each person has an incentive to be a free rider, to do as little as possible and take as much as possible because what one fails to take will be taken by someone else. Soon, the pot is empty and will not be refilled -- a bad situation even for the earlier takers.
What private property does -- as the Pilgrims discovered -- is connect effort to reward, creating an incentive for people to produce far more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.
Secure property rights are the key. When producers know that their future products are safe from confiscation, they will take risks and invest. But when they fear they will be deprived of the fruits of their labor, they will do as little as possible.
That's the lost lesson of Thanksgiving.
Copyright 2007, Creators Syndicate, Inc.
http://www.realclearpolitics.com/articl ... mmons.html
Rooster
I have a vision that we will figure out an easy way to ensure that children develop wide, deep, healthy and attractive jaws and then obstructive sleep apnea becomes an obscure bit of history.https://www.youtube.com/watch?v=0ycw4uaX ... re=related
I have a vision that we will figure out an easy way to ensure that children develop wide, deep, healthy and attractive jaws and then obstructive sleep apnea becomes an obscure bit of history.https://www.youtube.com/watch?v=0ycw4uaX ... re=related
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DreamStalker
- Posts: 7509
- Joined: Mon Aug 07, 2006 9:58 am
- Location: Nowhere & Everywhere At Once
Thanks for the lost story Rooster.
I suppose for their success, the socialistic Amish did not have to deal with the Little Ice Age that the Pilgrims did ... maybe the next one will take them out.
With regard to Tragedy of the Commons ... should I assume your view is that the only way to preserve the world's fresh air and water resources is for a lucky few to secure them as property rights for sale to the highest bidder(s) ... Darwinian economics? ... shouldn't be long now before Monsanto and DuPont patent the atmosphere (like they already have with various agriculture food crops/livestock) and sell the rain and air to municipalities. Our public roads (bought and paid for by the public) are already being taken away from us and sold to private investors as toll roads around here where I live (bye bye social roadways ).
At small scales, socialism works just about as good as capitalism ... at large scales they both have their issues and a balance is needed IMO.
I suppose for their success, the socialistic Amish did not have to deal with the Little Ice Age that the Pilgrims did ... maybe the next one will take them out.
With regard to Tragedy of the Commons ... should I assume your view is that the only way to preserve the world's fresh air and water resources is for a lucky few to secure them as property rights for sale to the highest bidder(s) ... Darwinian economics? ... shouldn't be long now before Monsanto and DuPont patent the atmosphere (like they already have with various agriculture food crops/livestock) and sell the rain and air to municipalities. Our public roads (bought and paid for by the public) are already being taken away from us and sold to private investors as toll roads around here where I live (bye bye social roadways ).
At small scales, socialism works just about as good as capitalism ... at large scales they both have their issues and a balance is needed IMO.
President-pretender, J. Biden, said "the DNC has built the largest voter fraud organization in US history". Too bad they didn’t build the smartest voter fraud organization and got caught.
For our fallen species it alway boils down to, "Who will decide?"DreamStalker wrote:..
At small scales, socialism works just about as good as capitalism ... at large scales they both have their issues and a balance is needed IMO.
Who will?
Rooster
I have a vision that we will figure out an easy way to ensure that children develop wide, deep, healthy and attractive jaws and then obstructive sleep apnea becomes an obscure bit of history.https://www.youtube.com/watch?v=0ycw4uaX ... re=related
I have a vision that we will figure out an easy way to ensure that children develop wide, deep, healthy and attractive jaws and then obstructive sleep apnea becomes an obscure bit of history.https://www.youtube.com/watch?v=0ycw4uaX ... re=related
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DreamStalker
- Posts: 7509
- Joined: Mon Aug 07, 2006 9:58 am
- Location: Nowhere & Everywhere At Once
Oh Rooster that's too easy ... why the ones who control the power -- dictators for some, corporate bought politicians for others. Of course each has a favor for one or the other rather than balancedrooster wrote:For our fallen species it alway boils down to, "Who will decide?"DreamStalker wrote:..
At small scales, socialism works just about as good as capitalism ... at large scales they both have their issues and a balance is needed IMO.
Who will?
On the other hand, I would be glad to take on that responsibility and balance them I will.
President-pretender, J. Biden, said "the DNC has built the largest voter fraud organization in US history". Too bad they didn’t build the smartest voter fraud organization and got caught.