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	<title>Comments on: Shameless Filler #2</title>
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	<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html</link>
	<description>Free Trade and Free Minds. Politics for Reasonable People. Independent Political Blogging. Top 20 Blog. Libertarianism. Laser Kitties.</description>
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		<title>By: Tom James</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6647</link>
		<dc:creator>Tom James</dc:creator>
		<pubDate>Fri, 28 Aug 2009 18:26:41 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6647</guid>
		<description>@Scott:

Indeed. But my point stands. Praising Enoch Powell is a politically silly thing to do and Hannan must have known that his statement of admiration would be dragged up and used out of context to attack him - so why did he say it?</description>
		<content:encoded><![CDATA[<p>@Scott:</p>
<p>Indeed. But my point stands. Praising Enoch Powell is a politically silly thing to do and Hannan must have known that his statement of admiration would be dragged up and used out of context to attack him &#8211; so why did he say it?</p>
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		<title>By: Tom James</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6646</link>
		<dc:creator>Tom James</dc:creator>
		<pubDate>Fri, 28 Aug 2009 18:00:19 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6646</guid>
		<description>@Roger Thornhill 

&lt;blockquote&gt;two places immed come to mind: the track and the trading floor.

One place certainly not: the public sector.&lt;/blockquote&gt;

Re: the trading floor, there are two broad arguments as to why free markets are not meritocracies: 

1) The price system does not reward ability. If you want people’s earnings to reflect their ability, therefore, you can’t have a free market.

This simple point is both obvious and universally ignored. Consider:

Bonuses for executives and traders have increased over the past 30 years - are you really claiming that traders and executives now are actually &quot;better&quot; than traders and executives from 30 years ago?

(Traders and execs now have access to better tools, but surely this is an argument for paying the providers of said tools rather than the people who use them?)

The point about the free market is that it signals demand. It does &lt;em&gt;not&lt;/em&gt; reward past performance, but indicates what people *should* do in the future. 

As the free market does not reward past performance (90 year old retired executives can&#039;t go back to their former employers and demand more money from them now because they weren&#039;t paid as much 30 years ago as their replacements are now) the free market cannot be a meritocracy.

The best thing about the free market is the way it matches supply to demand. It is this very thing that means it is not meritocratic. The best nurse in the country probably earns no more than the average plumber.

2) You really need to read &quot;Fooled by Randomness&quot; by Nassim Nicholas Taleb. It is very rare to find a trader who is successful because of &quot;merit&quot; rather than simple luck. Taleb makes this argument better than I can so I strongly suggest you read the book.



And as for the public sector - do you have any evidence that the public sector is more or less meritocratic than the private sector? If so please direct me to the relevant material.</description>
		<content:encoded><![CDATA[<p>@Roger Thornhill </p>
<blockquote><p>two places immed come to mind: the track and the trading floor.</p>
<p>One place certainly not: the public sector.</p></blockquote>
<p>Re: the trading floor, there are two broad arguments as to why free markets are not meritocracies: </p>
<p>1) The price system does not reward ability. If you want people’s earnings to reflect their ability, therefore, you can’t have a free market.</p>
<p>This simple point is both obvious and universally ignored. Consider:</p>
<p>Bonuses for executives and traders have increased over the past 30 years &#8211; are you really claiming that traders and executives now are actually &#8220;better&#8221; than traders and executives from 30 years ago?</p>
<p>(Traders and execs now have access to better tools, but surely this is an argument for paying the providers of said tools rather than the people who use them?)</p>
<p>The point about the free market is that it signals demand. It does <em>not</em> reward past performance, but indicates what people *should* do in the future. </p>
<p>As the free market does not reward past performance (90 year old retired executives can&#8217;t go back to their former employers and demand more money from them now because they weren&#8217;t paid as much 30 years ago as their replacements are now) the free market cannot be a meritocracy.</p>
<p>The best thing about the free market is the way it matches supply to demand. It is this very thing that means it is not meritocratic. The best nurse in the country probably earns no more than the average plumber.</p>
<p>2) You really need to read &#8220;Fooled by Randomness&#8221; by Nassim Nicholas Taleb. It is very rare to find a trader who is successful because of &#8220;merit&#8221; rather than simple luck. Taleb makes this argument better than I can so I strongly suggest you read the book.</p>
<p>And as for the public sector &#8211; do you have any evidence that the public sector is more or less meritocratic than the private sector? If so please direct me to the relevant material.</p>
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		<title>By: Oranjepan</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6645</link>
		<dc:creator>Oranjepan</dc:creator>
		<pubDate>Fri, 28 Aug 2009 16:08:55 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6645</guid>
		<description>&lt;blockquote&gt;Would you accept there is such a thing as an English People, that their country is England and that the wish to retain its character is legitimate?/blockquote&gt;

What is not legitimate is to have a preconcieved notion of who the English are or that our character is fixed.

On any timescale England is a political concept created in the minds of the inhabitants of the land who participate in cultural life. The only constant is for every individual to be free to choose for themself if they so desire - which means that our collective identity is determined by the mass of our individual actions, not according to the prescriptive opinion of a minority of any number of individual voices.

Sounds to me like the complaint of someone who has got what he wants, but doesn&#039;t like the fact that others may have it too!</description>
		<content:encoded><![CDATA[<blockquote><p>Would you accept there is such a thing as an English People, that their country is England and that the wish to retain its character is legitimate?/blockquote&gt;</p>
<p>What is not legitimate is to have a preconcieved notion of who the English are or that our character is fixed.</p>
<p>On any timescale England is a political concept created in the minds of the inhabitants of the land who participate in cultural life. The only constant is for every individual to be free to choose for themself if they so desire &#8211; which means that our collective identity is determined by the mass of our individual actions, not according to the prescriptive opinion of a minority of any number of individual voices.</p>
<p>Sounds to me like the complaint of someone who has got what he wants, but doesn&#8217;t like the fact that others may have it too!</p></blockquote>
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		<title>By: Charlotte Gore</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6644</link>
		<dc:creator>Charlotte Gore</dc:creator>
		<pubDate>Fri, 28 Aug 2009 14:04:43 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6644</guid>
		<description>&lt;blockquote&gt;No it is the State that has sought loosen old loyalties by allowing immigration to quintuple despite the consistent objections of the English&lt;/blockquote&gt;

Hmm. Government deliberately trying to &#039;loosen old loyalties?&#039; Are you sure?

&lt;blockquote&gt;I just wish the Liberal Party would be a little clearer about their contempt for the Nation as a thing worth defending when they want votes .&lt;/blockquote&gt;

I wish they&#039;d make their contempt for nationalism more clear.</description>
		<content:encoded><![CDATA[<blockquote><p>No it is the State that has sought loosen old loyalties by allowing immigration to quintuple despite the consistent objections of the English</p></blockquote>
<p>Hmm. Government deliberately trying to &#8216;loosen old loyalties?&#8217; Are you sure?</p>
<blockquote><p>I just wish the Liberal Party would be a little clearer about their contempt for the Nation as a thing worth defending when they want votes .</p></blockquote>
<p>I wish they&#8217;d make their contempt for nationalism more clear.</p>
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		<title>By: Newmania</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6643</link>
		<dc:creator>Newmania</dc:creator>
		<pubDate>Fri, 28 Aug 2009 12:21:03 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6643</guid>
		<description>No it is the State that has sought loosen   old loyalties by allowing  immigration to quintuple despite the   consistent objections of the English , by  funding  a cultural assault on the Nation know as Multi-culturalism  and by   propagandising  on behalf of its project to remove democracy and outsource government to unaccountable  courtiers in the EU . ( Referendum on which avoided on the delightfully simple grounds it would have been lost) .
The Labour market cannot be a free market because  people have lives   commitments   and loyalties which interfere with their function as work units as preferred by the State ,Marxists and Liberals  who once were  the champions of self determination for people’s as well as atomised workers .
I have no objection to your homogenous  view of humanity  disinterest in England and retaining its character  . I have no objection  to a world view that leaves out loyalty  community and imagined communities  that sustain many. I am unconcerned if  have no sense of a network of ties from family to community and the Nation as its expression.. I just wish  the Liberal Party would   be a little clearer about  their contempt for  the Nation as a thing worth defending when they want votes .</description>
		<content:encoded><![CDATA[<p>No it is the State that has sought loosen   old loyalties by allowing  immigration to quintuple despite the   consistent objections of the English , by  funding  a cultural assault on the Nation know as Multi-culturalism  and by   propagandising  on behalf of its project to remove democracy and outsource government to unaccountable  courtiers in the EU . ( Referendum on which avoided on the delightfully simple grounds it would have been lost) .<br />
The Labour market cannot be a free market because  people have lives   commitments   and loyalties which interfere with their function as work units as preferred by the State ,Marxists and Liberals  who once were  the champions of self determination for people’s as well as atomised workers .<br />
I have no objection to your homogenous  view of humanity  disinterest in England and retaining its character  . I have no objection  to a world view that leaves out loyalty  community and imagined communities  that sustain many. I am unconcerned if  have no sense of a network of ties from family to community and the Nation as its expression.. I just wish  the Liberal Party would   be a little clearer about  their contempt for  the Nation as a thing worth defending when they want votes .</p>
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		<title>By: Charlotte Gore</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6641</link>
		<dc:creator>Charlotte Gore</dc:creator>
		<pubDate>Fri, 28 Aug 2009 10:39:03 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6641</guid>
		<description>&lt;blockquote&gt;Would you accept there is such a thing as an English People , that their country is England  and that the wish to retain its character is legitimate?&lt;/blockquote&gt;

I accept that there are people who think like that, but I&#039;m nationalist and have absolutely no desire to see or interest in any sort of state mandated culture or racial demographic.

&lt;blockquote&gt;I suppose you will join idiot Mandelson in recommending that unemployed ship workers whose jobs are outsourced to cheap Poles go and find work in Europe&lt;/blockquote&gt;

If you mean I&#039;m not a nationalist, or a socialist, or a fascist then yet.</description>
		<content:encoded><![CDATA[<blockquote><p>Would you accept there is such a thing as an English People , that their country is England  and that the wish to retain its character is legitimate?</p></blockquote>
<p>I accept that there are people who think like that, but I&#8217;m nationalist and have absolutely no desire to see or interest in any sort of state mandated culture or racial demographic.</p>
<blockquote><p>I suppose you will join idiot Mandelson in recommending that unemployed ship workers whose jobs are outsourced to cheap Poles go and find work in Europe</p></blockquote>
<p>If you mean I&#8217;m not a nationalist, or a socialist, or a fascist then yet.</p>
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		<title>By: Newmania</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6639</link>
		<dc:creator>Newmania</dc:creator>
		<pubDate>Fri, 28 Aug 2009 10:04:58 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6639</guid>
		<description>Would you accept there is such a thing as an English People , that their country is England  and that the wish to retain its character is legitimate? 
The moral value of  the imagined community of memory and allegiance ( to quote David Marquand )  is not something   I would so lightly dismiss  it  has proved useful in the past . The  market for Labour  by the way is not free  and never can be .

I suppose you will join idiot Mandelson in recommending that unemployed ship workers  whose jobs are outsourced to cheap Poles  go and find work in Europe 
Well it worked pretty damn well for him.</description>
		<content:encoded><![CDATA[<p>Would you accept there is such a thing as an English People , that their country is England  and that the wish to retain its character is legitimate?<br />
The moral value of  the imagined community of memory and allegiance ( to quote David Marquand )  is not something   I would so lightly dismiss  it  has proved useful in the past . The  market for Labour  by the way is not free  and never can be .</p>
<p>I suppose you will join idiot Mandelson in recommending that unemployed ship workers  whose jobs are outsourced to cheap Poles  go and find work in Europe<br />
Well it worked pretty damn well for him.</p>
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		<title>By: Stu</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6637</link>
		<dc:creator>Stu</dc:creator>
		<pubDate>Fri, 28 Aug 2009 09:17:45 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6637</guid>
		<description>Scott, I think that&#039;s precisely the point Charlotte was making.

Big Government approaches are anti-immigration by necessity. Small government = less taxation = less need to keep people out.</description>
		<content:encoded><![CDATA[<p>Scott, I think that&#8217;s precisely the point Charlotte was making.</p>
<p>Big Government approaches are anti-immigration by necessity. Small government = less taxation = less need to keep people out.</p>
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		<title>By: Scott</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6636</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Fri, 28 Aug 2009 08:46:29 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6636</guid>
		<description>@ Tom James - apparently, this was before the NHS TV outing and Hannan hasn&#039;t done anything since. What this is, is the govt trying a smearing campaign and digging up everything from the past!

@Charlotte Gore - The problem with complete freedom of movement, is that the residents of a country pay taxes for services. If anyone comes and can have the services rendered to them and then clear off without paying taxes, then that surely is not correct??</description>
		<content:encoded><![CDATA[<p>@ Tom James &#8211; apparently, this was before the NHS TV outing and Hannan hasn&#8217;t done anything since. What this is, is the govt trying a smearing campaign and digging up everything from the past!</p>
<p>@Charlotte Gore &#8211; The problem with complete freedom of movement, is that the residents of a country pay taxes for services. If anyone comes and can have the services rendered to them and then clear off without paying taxes, then that surely is not correct??</p>
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		<title>By: Charlotte Gore</title>
		<link>http://charlottegore.com/2009/08/28/shameless-filler-2.html/comment-page-1#comment-6635</link>
		<dc:creator>Charlotte Gore</dc:creator>
		<pubDate>Fri, 28 Aug 2009 07:56:14 +0000</pubDate>
		<guid isPermaLink="false">http://charlottegore.com/?p=1492#comment-6635</guid>
		<description>&lt;blockquote&gt;You dismiss race, gender, class, and physical ability as sources from whence people can gain status or power.&lt;/blockquote&gt;

No I didn&#039;t. I was talking about how certain individuals interact with other people, you&#039;re talking about how we live in a collectivist world so of course people get status or power from membership of privileged collectives.

All I&#039;m responsible for is my own dealings with other people. 

&lt;blockquote&gt;Please can you give a detailed and thoroughly worked out description of... &lt;blockquote&gt;

Nope. I&#039;m not arguing we currently live in a perfect meritocracy - the status quo is nothing of the sort.</description>
		<content:encoded><![CDATA[<blockquote><p>You dismiss race, gender, class, and physical ability as sources from whence people can gain status or power.</p></blockquote>
<p>No I didn&#8217;t. I was talking about how certain individuals interact with other people, you&#8217;re talking about how we live in a collectivist world so of course people get status or power from membership of privileged collectives.</p>
<p>All I&#8217;m responsible for is my own dealings with other people. </p>
<blockquote><p>Please can you give a detailed and thoroughly worked out description of&#8230;<br />
<blockquote>
<p>Nope. I&#8217;m not arguing we currently live in a perfect meritocracy &#8211; the status quo is nothing of the sort.</p></blockquote>
</blockquote>
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