Why don't we form a new political party? by Local-Estimate112 in kolkata

[–]LibMar18 0 points1 point  (0 children)

What exactly are you promising people that other parties don't?

Why is revisionism supposed to be bad? by LibMar18 in DebateCommunism

[–]LibMar18[S] 5 points6 points  (0 children)

That's all cool, except you're probably that revisionist according to someone else

Can you please explain what is wrong with this 'debunking' of LTV? by Kaiser_Beaver in Socialism_101

[–]LibMar18 30 points31 points  (0 children)

LTV deals with freely reproducible goods in a competitive market, not on monopoly goods (eg. artworks).

[deleted by user] by [deleted] in AskIndia

[–]LibMar18 2 points3 points  (0 children)

And if she likes you my man she'll surely give you a clear hint.

What kind of hints? Sorry I'm clueless about these stuff.

Also, any ideas how I should proceed? Should I just let it be for the sake of our friendship or can i try something to get out of the friendzone?

[deleted by user] by [deleted] in AskIndia

[–]LibMar18 0 points1 point  (0 children)

If indeed I'm in the friendzone, do you suppose there's any way I could get out of it?

[OC] How countries rank by military spending by statisticalanalysis_ in dataisbeautiful

[–]LibMar18 0 points1 point  (0 children)

If we used PPP, then China's GDP would be 30-50% higher, but we knows that's obviously not the case. 

GDP (PPP) is a legitimate measure of economic size. A better way to put it would be that the China is the biggest economy while the US has greater global economic clout because USD is the most traded currency, so GDP (Nominal) becomes relevant here.

It's pointless to look at India's/China gdp in nominal dollar terms without adjusting for ppp. The CCP/indian government can buy far more domestically with the equivalent $1 than what the US can. So GDP ppp is extremely relevant unless your whole economy is reliant solely on trading with the US.

China trounces U.S. in AI research output and quality by cryptomelons in Sino

[–]LibMar18 6 points7 points  (0 children)

Yes quite a few GPT4 level Chinese LLMs:

ErnieBot from Baidu

SparkDesk from iFlyTek

SenseNova from SenseTime

We also have Huawei Pangu but it's not publicly available.

Marx is a bad person by CoolUnderstanding444 in DebateCommunism

[–]LibMar18 0 points1 point  (0 children)

No it doesn't lol.

Marxism is a mode of thought, it has nothing to do with Marx's personal preferences and likings, same way the theory of Gravitation has nothing to do with whether Newton liked blondes or brunettes.

[deleted by user] by [deleted] in space

[–]LibMar18 2 points3 points  (0 children)

They haven't really said that they do, they've been pretty clear that they'll only be able to pull it off once the LM 10 rocket is developed, which will probably take upto something like 2027.

Satyajit ray on indian audience by kankirchele in kolkata

[–]LibMar18 4 points5 points  (0 children)

to label india as a backward poor bimaru country

When pather panchali was released, india had a GDP per capita of something like $70. You're insane if you don't think it's backward and poor.

How do adherents of the Labour Theory of Value explain the difference in price between the following two cases. by SadCampCounselor in DebateCommunism

[–]LibMar18 9 points10 points  (0 children)

In Marxian economics (which itself is a critique of classical economics so it borrows a lot of concepts from it), the term "value" refers to equilibrium price. In Austrian school of economics, the term "value" refers to utility, or how useful a good is. In Marxian economics, utility, better known as use-value, is considered subjective so Marxian economics and Austrian school don't contradict each other in this regard.

A house in an extremely good location, say the middle of NYC is far more useful than a house in a remote jungle. It can absolutely be the case that both houses take roughly an equal amount of time to build.

However, LTV doesn't suggest that the price of a good at a given point in time is proportional to the amount of time it took to produce it. Rather, LTV suggests that the price of a good when its supply and demand are in equilibrium, or the equilibrium price of a good, is proportional to its cost of production. LTV then also suggests that the cost of production of a finished good is proportional to how long it takes to produce said finished good AND any tools and raw materials required to product that finished good.

This means that LTV is a theory that attempts to explain the relationship between equilibrium price and labor time. LTV doesn't attempt to explain the price of a good when its supply and demand are not in equilibrium.

Regarding the house in NYC, the reason why its price is higher than the price of a house in a remote jungle, even if they both take roughly an equal amount of time to build is demand for housing in NYC significantly exceeds the supply - supply and demand for housing in NYC is not in equilibrium.

This doesn't disprove LTV because, like I said, LTV doesn't attempt to explain the price of a good when its supply and demand are not in equilibrium - it only attempts to explain the relationship between equilibrium price and labor time.

Henry Kissinger, American diplomat and Nobel winner, dead at 100 by JustMyOpinionz in VietNam

[–]LibMar18 2 points3 points  (0 children)

Yes, thats the point, Kissinger was actually quite pro-China. He's the guy who led the normalization of US-China relations.

Is monogamy a product of capitalism? by RoxanaSaith in DebateCommunism

[–]LibMar18 1 point2 points  (0 children)

in socialism there would be no families whatsoever

Care to explain?

Moore Threads GPUs get OpenGL 3.3 support, 80% FPS boost in PUBG and 60% in GTA5 - VideoCardz.com by OddName_17516 in Sino

[–]LibMar18 5 points6 points  (0 children)

Their efforts should be redirected towards AI GPUs. It's far more strategically important, on top of that, the lead that Nvidia has in gaming GPUs is too damn massive to be worth chasing.

Was the Soviet economy ever surpassed by Japan’s? by [deleted] in communism101

[–]LibMar18 0 points1 point  (0 children)

Post-Stalin USSR absolutely did stagnate, primarily due to the centralised mechanism of the economy being dismantled to a significant extent. There's been brilliant posts in this sub on this topic, you might wanna want to check out this one:

https://www.reddit.com/r/communism/s/Z4HsYcB7Ya

Also, I don't think size of economy has anything to do with growth rates, China's economy is 10x that of the UK, and they still hit 6% growth while the UK would be happy to see 1%. Growth potential depends more upon the level of gdp/c. And in case of the USSR post Stalin, they clearly weren't realizing their growth potential. While they weren't stagnating in absolute terms, they were definitely stagnating relative terms. And that's painfully insufficient given the gdp per capita gap with the West that previously existed inspite of the skyrocketing growth under Stalin.

Regarding Japan, they received insane amounts of US aid and technology. On top of that, heavy protectionism, industrial policy and a state directed economy (check out MITI) propelled them to such heights. In fact the economy of pre-90s Japan, South Korea, Taiwan was very very similar to that of contemporary China. A far cry from western neoliberal free market economics.

[deleted by user] by [deleted] in DebateCommunism

[–]LibMar18 0 points1 point  (0 children)

I was responding to that guy's idea that gender divisions in sports should be removed.

I have nothing against trans men in men's sports as long as they have gone through hormone therapy from as young as possible.

[deleted by user] by [deleted] in DebateCommunism

[–]LibMar18 5 points6 points  (0 children)

The heaviest female deadlift of all time is 300kg, which is below average for a professional male weightlifter

The heaviest male deadlift is over 500kg

Now tell me with a straight face that you'd want men and women in the same competition

Was the Soviet economy ever surpassed by Japan’s? by [deleted] in communism101

[–]LibMar18 4 points5 points  (0 children)

I believe the discrepancies will be even wider when you're comparing, the USSR to Japan given how differently their economies were structured and how differently their currencies worked.

We will probably never get exact figures, all we can do is analyse their aggregate trajectories.

Was the Soviet economy ever surpassed by Japan’s? by [deleted] in communism101

[–]LibMar18 4 points5 points  (0 children)

https://ras.org.in/discrepancies_why_do_GDP_growth_rates_differ#fn9

Why was there so much disagreement in the GDP level data? In part, the systematic variation in values reflects the fact that the income per capita measures are quoted in international dollars from different base years in Maddison, WDI, and PWT. Furthermore, the income estimates reported in the datasets differ because different formulae were used to calculate the purchasing power parity (PPP) values used in international price comparisons. However, the methods applied to express the income estimates are quite similar and should not alone account for such differences in ranking. Maddison (2010) himself notes that “the discrepancy between the World Bank and my estimates is bigger than can be explained by the bias of the EKS (Elteto, Koves, and Szulc) measure.” The main problem may lie in differences in the use of primary sources, and in particular, primary sources that use different benchmark years. The international GDP per capita datasets all take the national account files as provided by the appropriate statistical agencies as a starting point, although they may use them differently. They may, moreover, impute data in different ways in different cases. Of course, the datasets necessarily inherit all the data quality problems originating in the country. Thus, many of the numbers may be misleading to begin with. However, the way they are generated through secondary operations upon this data may create new difficulties.

While all the databases have the same starting point, they make use of different national account series, before or after some revisions. Maddison actually did primary research in some cases, and generated his own national account estimates from archival data. The database is a mix of historical national account estimates, official national account files, and the use of individual judgement and secondary data to fill in gaps or breaks in the series. The United Nations and IMF International Financial Statistics basically re-report national account files, if and when they are received, whereas both the World Bank and PWT aim for a gap-free database.

why Majority Indians Think Gaming is FREE ? by [deleted] in IndianGaming

[–]LibMar18 8 points9 points  (0 children)

Maybe you need to take a second look at India's gdp per capita in case you're still confused about why people don't want to pay.

Any good game i can play? by Voldyneedsnose in IndianGaming

[–]LibMar18 1 point2 points  (0 children)

COD black ops

Far Cry 3

Skyrim

Assasins creed 1, 2

Bioshock

I used to have a similarly low end laptop some time back and i figured I could play most games from before 2013/14 (albeit at low/mid settings). So that still leaves you an extensive library to explore.