by jojo follow (2)
« First « Previous Comments 22 - 26 of 26 Search these comments
I just read another article about "Adjustable Mortgages" popping up. It's a sign that affordably is gone, and banks know it. Surprisingly it's still easy to sucker people into "adjustable" rates... so I guess "you can't teach stupid".
life everywhere else in the world sucked too, that is unless you were a member of the aristocracy.
And a man.
From wikipedia:
"With time, the kibbutz members' sense of identification with the kibbutz and its goals decreased. This process originated both from personal frustrations among the kibbutz members as a result of internal processes and from the growing stratification and inequality due to the growth of capitalistic practices.[13] Over the years, some kibbutz members established professional careers outside the kibbutz, accumulating power, privileges and prestige.[14] The balance between individual values and values of the kibbutz began to tip, and work motivation was affected. An emphasis was placed on social compensation to encourage productivity."
Basically, the kibbutz was destroyed because capitalism still exists. Like the example of the Tiaga above, a utopian concept implemented within the larger context of a capitalistic society is doomed for failure.
life everywhere else in the world sucked too, that is unless you were a member of the aristocracy.
And a man.
There were a few exceptions:


From wikipedia:
"With time, the kibbutz members' sense of identification with the kibbutz and its goals decreased. This process originated both from personal frustrations among the kibbutz members as a result of internal processes and from the growing stratification and inequality due to the growth of capitalistic practices.[13] Over the years, some kibbutz members established professional careers outside the kibbutz, accumulating power, privileges and prestige.[14] The balance between individual values and values of the kibbutz began to tip, and work motivation was affected. An emphasis was placed on social compensation to encourage productivity."
Basically, the kibbutz was destroyed because capitalism still exists. Like the example of the Tiaga above, a utopian concept implemented within the larger context of a capitalistic society is doomed for failure.
An imperfect model - learn from what happened there and try to improve on it.
« First « Previous Comments 22 - 26 of 26 Search these comments
http://www.zerohedge.com/news/2013-11-06/fitch-warns-housing-bubble-says-unsustainable-jump-leaves-home-prices-17-overvalued
#housing