Smart people who are very stupid

in life •  14 days ago

Happy Friday everyone. I found this article called "The Intellectual Yet Idiot that talks about how some people are smart but stupid at the same time! It is so funny. Here is part of it and then I'm posting the link below....

The IYI pathologizes others for doing things he doesn’t understand without ever realizing it is his understanding that may be limited. He thinks people should act according to their best interests and he knows their interests, particularly if they are “red necks” or English non-crisp-vowel class who voted for Brexit.

When plebeians do something that makes sense to them, but not to him, the IYI uses the term “uneducated”. What we generally call participation in the political process, he calls by two distinct designations: “democracy” when it fits the IYI, and “populism” when the plebeians dare voting in a way that contradicts his preferences.

While rich people believe in one tax dollar one vote, more humanistic ones in one man one vote, Monsanto in one lobbyist one vote, the IYI believes in one Ivy League degree one-vote, with some equivalence for foreign elite schools and PhDs as these are needed in the club.

Here's the link to the entire article!!!

https://medium.com/incerto/the-intellectual-yet-idiot-13211e2d0577

Do you know any people like this? Tell me about it!!!

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Ah yes, the “Ickydumic’s”.

This phenomenon is on full display within orthodox economics by academics who subscribe to neo-liberal doctrine.

These economists advocate and reinforce failed economic principles that support austerity and say, states (countries) that are currency sovereigns should balance their budgets.

The media and the political class reinforce the myth that we need to be taxed in order that a currency sovereign can spend.

Sadly the great unwashed have been brainwashed, they buy into and pay for the myth. How this has come about was articulated by Michael D Yates who said in “The Great Inequality”:

“…First, power allows a person unilaterally to change another's constraints, and it can, when exercised long enough, change the habits of subordinates so that the latter act automatically in the interests of their masters. Second, those with personal power will inevitably also have social power, and this will allow them to make the rules that all must obey, and these will benefit the powerful. These rules, in turn, may come to seem normal, which lowers any costs the powerful would have to incur to maintain their power. Third, wherever there is power, there can be no democracy, since if there where, such power would be abolished by majority rule…”

There is, however a growing number of heterodox economist who are pushing back and are using MMT (Modern Monetary Theory) to explain how the existing monetary and fiscal system should be used equitably.

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Very intriguing and insightful, Upped and Followed.

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Thank you so much for your kind words. What did you like most about it?

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the problem is capitalism ;)

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I would say neo-liberalism and consumerism!

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those are just a product of the problem

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What does that mean?

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I am sorry for my tardy response.

I see neo-liberalism as a laissez-faire form of capitalism. It is a form of capitalism that is non-interventionist and as such it is not perceived by the great unwashed as capitalism. The wolf in sheep’s clothing you might say!

Consumerism encourages the acquisition of goods and services in ever-increasing amounts, the majority of which are inferior and largely not needed.

The link below is a talk that was given by our own ecological economist Professor Phil Lawn at COP23.

COP23 is the informal name for the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).

Phil says that climate change is a symptom of a larger problem. He states that our species are currently consuming an unsustainable 1.7 Earths, and if we as a species are to survive there is an urgent need to reduce consumption.

He advocates that GDP (Gross Domestic Product) is misleading and not fit for purpose and should be replaced by GPI (Genuine Progress Indicator)

This is sobering and crucial information as well as compelling listening.

https://unfccc.cloud.streamworld.de/webcast/addiction-to-growth-climate-changes-root-cause

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Thanks. Just curious are you into personal development books at all?

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What do you mean?

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what do i mean? I mean capitalism is a horrible economic system and should be destroyed.

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But what about all the prosperity it has resulted in. Many people say it is a very efficient system, at least that is what I've heard, definitely not an expert though!!!

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what "many people" say is flat out wrong. 2.5 times as many people die of poverty alone under capitalism as capitalists claim died under communism (per capita).

"But what about all the prosperity it has resulted in."

capitalism is designed to take from the poor and give to the rich. Its not prosperity it is thievery.

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OK thanks for this! How would you define capitalism?

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private ownership of capital

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Interesting, where can I find out more about MMT, do you have a good link for it?

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pjcswart, there is an increasing amount of information that can be found by a simple search. This article written by Steven Hail is a good start as it refers to most of the main players.

https://theconversation.com/explainer-what-is-modern-monetary-theory-72095

If you really want to get stuck in, the University of Missouri - Kansas City has published all the lectures of the recent first international MMT conference on YouTube.

https://www.youtube.com/results?search_query=mmt+conference+2017

This is world changing stuff and its not hard to understand.

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Thank you so much , just curious are you into personal development books at all?

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pjcswart, at my age if you haven't developed personally its too late. Notwithstanding I suffer from 'sever verbal processing dyslexia' therefore I have not read a book since school over five decades ago and that took six months. Contemporary technology today compensates and but I'm good at other things.

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Thank you so much for your kind words. What did you like most about it?

smart people are rare

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it is true...and you can't really find smart people in the same place with stupid people...1% exception

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Really? Why do you say that?

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yes.because the intereses are diferent and they dont think the same.for example,how many stupid people you saw in a art exposition?maybe zero.

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Thank you for your comment @gabrysi! I have a free gift for you here, hope you enjoy it! https://www.facebook.com/cillieheretohelp/videos/1937573276564892/

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thank you

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Thanks so much for following me and commenting on my post! Interesting point you make...

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Really? Why do you say that?

As you mentioned "He thinks people should act according to their best interests." I agree at this point that we should do what we interests more and this point is very important in our life.

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Interesting, why do you say that?

Bountiful post will dony

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Thanks so much for following me and commenting on my post! What did you like most about it?

good

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Thanks so much for following me and commenting on my post! What did you like most about it?

intresting

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LOL hey I have a free gift for you...

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Thanks so much for following me and commenting on my post! What did you like most about it?

Sound interesting

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Thanks so much for following me and commenting on my post! What did you like most about it? 😀 😃 😄 😁

Smart people who are dumb is so common in certain industries. People can write programs of run a nuclear plant but can't hold a conversation or navigate a parking lot with their car. Upped and Followed.

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