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	<title>Comments on: Compound Interest Is The Least Powerful Force In The Universe</title>
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	<description>In a mad world, all blogging is psychiatry blogging</description>
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		<title>By: Mr. Cat</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-130616</link>
		<dc:creator><![CDATA[Mr. Cat]]></dc:creator>
		<pubDate>Tue, 05 Aug 2014 10:40:36 +0000</pubDate>
		<guid isPermaLink="false">http://slatestarcodex.com/?p=2108#comment-130616</guid>
		<description><![CDATA[Edit#3&#039;s &quot;but then&quot; is only logical in responding to that assumption if society&#039;s defined on a national or state level, rather than say, a cultural or racial level which might even ignore those boundaries (especially state).  

Now I&#039;m not saying that IS the case, only that the categorical &quot;Well obviously our society is a single society so that clearly didn&#039;t happen&quot; implication is stupid.]]></description>
		<content:encoded><![CDATA[<p>Edit#3&#8217;s &#8220;but then&#8221; is only logical in responding to that assumption if society&#8217;s defined on a national or state level, rather than say, a cultural or racial level which might even ignore those boundaries (especially state).  </p>
<p>Now I&#8217;m not saying that IS the case, only that the categorical &#8220;Well obviously our society is a single society so that clearly didn&#8217;t happen&#8221; implication is stupid.</p>
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		<title>By: under the sea &#124; The Casuist&#8217;s Razor</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-113510</link>
		<dc:creator><![CDATA[under the sea &#124; The Casuist&#8217;s Razor]]></dc:creator>
		<pubDate>Wed, 02 Jul 2014 19:10:21 +0000</pubDate>
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		<description><![CDATA[[&#8230;] processes, but it&#8217;s probably not the best explanation for everything. See relatedly my comment and later reply on the SSC post about compound [&#8230;]]]></description>
		<content:encoded><![CDATA[<p>[&#8230;] processes, but it&#8217;s probably not the best explanation for everything. See relatedly my comment and later reply on the SSC post about compound [&#8230;]</p>
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		<title>By: Nornagest</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-109546</link>
		<dc:creator><![CDATA[Nornagest]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 21:29:06 +0000</pubDate>
		<guid isPermaLink="false">http://slatestarcodex.com/?p=2108#comment-109546</guid>
		<description><![CDATA[&lt;a href=&quot;http://oglaf.com/ulric/&quot; rel=&quot;nofollow&quot;&gt;This sort of justice?&lt;/a&gt;]]></description>
		<content:encoded><![CDATA[<p><a href="http://oglaf.com/ulric/" rel="nofollow">This sort of justice?</a></p>
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		<title>By: Ghatanathoah</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-109507</link>
		<dc:creator><![CDATA[Ghatanathoah]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 19:51:58 +0000</pubDate>
		<guid isPermaLink="false">http://slatestarcodex.com/?p=2108#comment-109507</guid>
		<description><![CDATA[&gt;If you were harmed by compound interest working against you, that harm doesn’t go away just by pointing out that the source of the harm influenced whether or not you were born.

That&#039;s irrelevant because morality has no interest in reducing harm.  What it has an interest in reducing is &lt;i&gt;uncompensated harm&lt;/i&gt;.  It&#039;s totally okay to harm someone if harming them will result in good things happening to them that compensate for that harm (of course, the good things have to be good by &lt;i&gt;their&lt;/i&gt; standards not yours).

If compound interest causes you harm, but it also causes a large amount of good things to happen to you that outweigh that harm, then its effect on you was good overall.  That means that the only African-Americans alive today that slavery harmed are the ones whose lives are so terrible that they spend the majority of them wishing they were dead.


&gt;“Your veil of ignorance is slipping.”

This discussing is not about any sort of pure utilitarianism that uses the Veil of Ignorance.  This is a discussion related to nonutilitarian concepts like Just Desserts and Retribution.  In these case the identity of the people we are debating is highly important and using a veil of ignorance is not appropriate.

&gt;Besides, I never really bought the related sorts of arguments:
“I cannot be in favor of abortion, because if my mother had aborted me I wouldn’t even be here.”

I don&#039;t buy that argument either, especially since it also makes you against every other form of birth control, including abstinence.  When we&#039;re considering moral questions that will affect the personal identity of future generations I think we should just pick whatever population is morally best and not consider the fact that it will result in another population not existing to be a problem.

Of course, there is serious argument over what makes a population morally best.  Is it better to have a small population with high utility or a large one with low utility?  Should we try to create a diverse population?  Should we make people have human-like values or something else?  But that&#039;s another discussion entirely.

But again, we&#039;re not discussing how to choose a future population through a veil of ignorance.  We are discussing questions of justice, reparations, and whether or not any specific person was wronged.  And while it is true that our current population is not as &quot;morally good&quot; as a population in a world where slavery had never happened would be, that does not mean any specific person was harmed and deserves reparations for the harm they suffered.]]></description>
		<content:encoded><![CDATA[<p>&gt;If you were harmed by compound interest working against you, that harm doesn’t go away just by pointing out that the source of the harm influenced whether or not you were born.</p>
<p>That&#8217;s irrelevant because morality has no interest in reducing harm.  What it has an interest in reducing is <i>uncompensated harm</i>.  It&#8217;s totally okay to harm someone if harming them will result in good things happening to them that compensate for that harm (of course, the good things have to be good by <i>their</i> standards not yours).</p>
<p>If compound interest causes you harm, but it also causes a large amount of good things to happen to you that outweigh that harm, then its effect on you was good overall.  That means that the only African-Americans alive today that slavery harmed are the ones whose lives are so terrible that they spend the majority of them wishing they were dead.</p>
<p>&gt;“Your veil of ignorance is slipping.”</p>
<p>This discussing is not about any sort of pure utilitarianism that uses the Veil of Ignorance.  This is a discussion related to nonutilitarian concepts like Just Desserts and Retribution.  In these case the identity of the people we are debating is highly important and using a veil of ignorance is not appropriate.</p>
<p>&gt;Besides, I never really bought the related sorts of arguments:<br />
“I cannot be in favor of abortion, because if my mother had aborted me I wouldn’t even be here.”</p>
<p>I don&#8217;t buy that argument either, especially since it also makes you against every other form of birth control, including abstinence.  When we&#8217;re considering moral questions that will affect the personal identity of future generations I think we should just pick whatever population is morally best and not consider the fact that it will result in another population not existing to be a problem.</p>
<p>Of course, there is serious argument over what makes a population morally best.  Is it better to have a small population with high utility or a large one with low utility?  Should we try to create a diverse population?  Should we make people have human-like values or something else?  But that&#8217;s another discussion entirely.</p>
<p>But again, we&#8217;re not discussing how to choose a future population through a veil of ignorance.  We are discussing questions of justice, reparations, and whether or not any specific person was wronged.  And while it is true that our current population is not as &#8220;morally good&#8221; as a population in a world where slavery had never happened would be, that does not mean any specific person was harmed and deserves reparations for the harm they suffered.</p>
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		<title>By: Ialdabaoth</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-109504</link>
		<dc:creator><![CDATA[Ialdabaoth]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 19:48:29 +0000</pubDate>
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		<description><![CDATA[&lt;blockquote&gt;But since the human population tends to grow in most cases time travel will kill more than it saves.&lt;/blockquote&gt;

No, because time travel &lt;i&gt;also&lt;/i&gt; saves / &quot;creates&quot; (same thing, really) all the people that are born &lt;i&gt;instead&lt;/i&gt; - which your logic seems to be neglecting.

If you save 6 million Jews+others but condemn 6 billion post-WW2 lives to non-existence, that&#039;s only a 1000:1 cost if you also prevent anyone else from being born. But if in both timelines there are 7 billion people in 2014, then from 2014-perspective you&#039;ve killed 7 billion people and saved/replaced them with 7 billion OTHER people. Which ... I guess is a net wash? Time travel morality is weird.]]></description>
		<content:encoded><![CDATA[<blockquote><p>But since the human population tends to grow in most cases time travel will kill more than it saves.</p></blockquote>
<p>No, because time travel <i>also</i> saves / &#8220;creates&#8221; (same thing, really) all the people that are born <i>instead</i> &#8211; which your logic seems to be neglecting.</p>
<p>If you save 6 million Jews+others but condemn 6 billion post-WW2 lives to non-existence, that&#8217;s only a 1000:1 cost if you also prevent anyone else from being born. But if in both timelines there are 7 billion people in 2014, then from 2014-perspective you&#8217;ve killed 7 billion people and saved/replaced them with 7 billion OTHER people. Which &#8230; I guess is a net wash? Time travel morality is weird.</p>
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		<title>By: hyperfluous</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-109399</link>
		<dc:creator><![CDATA[hyperfluous]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 16:05:17 +0000</pubDate>
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		<description><![CDATA[It seems to me that limiting the analysis of the wealth accrued through slave labor to Southern states is flawed.  Didn&#039;t a lot of the wealth produced in the south accrue to the north through tariffs, etc.? wasn&#039;t that one of the primary justifications for secession?]]></description>
		<content:encoded><![CDATA[<p>It seems to me that limiting the analysis of the wealth accrued through slave labor to Southern states is flawed.  Didn&#8217;t a lot of the wealth produced in the south accrue to the north through tariffs, etc.? wasn&#8217;t that one of the primary justifications for secession?</p>
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		<title>By: hyperfluous</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-109031</link>
		<dc:creator><![CDATA[hyperfluous]]></dc:creator>
		<pubDate>Thu, 26 Jun 2014 01:46:32 +0000</pubDate>
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		<description><![CDATA[The purpose of reparations is not to punish the slaveholders, but to compensate blacks for the effects of generations of varying degrees of affirmative action for whites.  Also, considerable wealth was produced by slavery when it was legal in the north for two centuries.]]></description>
		<content:encoded><![CDATA[<p>The purpose of reparations is not to punish the slaveholders, but to compensate blacks for the effects of generations of varying degrees of affirmative action for whites.  Also, considerable wealth was produced by slavery when it was legal in the north for two centuries.</p>
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		<title>By: Ben Southwood</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-99921</link>
		<dc:creator><![CDATA[Ben Southwood]]></dc:creator>
		<pubDate>Wed, 11 Jun 2014 07:52:42 +0000</pubDate>
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		<description><![CDATA[http://en.m.wikipedia.org/wiki/The_10,000_Year_Explosion]]></description>
		<content:encoded><![CDATA[<p><a href="http://en.m.wikipedia.org/wiki/The_10,000_Year_Explosion" rel="nofollow">http://en.m.wikipedia.org/wiki/The_10,000_Year_Explosion</a></p>
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		<title>By: Tom Hunt</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-99132</link>
		<dc:creator><![CDATA[Tom Hunt]]></dc:creator>
		<pubDate>Mon, 09 Jun 2014 23:24:48 +0000</pubDate>
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		<description><![CDATA[If some of these demographics which are overrepresented include large proportions of immigrants to the US, that&#039;s a confounding factor; those who are able to immigrate as adults are likely in a high ability cohort as regards their source populations. I seem to recall hearing that black African immigrants to the US do comparatively quite well, better than either native-born blacks or whites. This isn&#039;t incompatible with the race realist hypothesis.]]></description>
		<content:encoded><![CDATA[<p>If some of these demographics which are overrepresented include large proportions of immigrants to the US, that&#8217;s a confounding factor; those who are able to immigrate as adults are likely in a high ability cohort as regards their source populations. I seem to recall hearing that black African immigrants to the US do comparatively quite well, better than either native-born blacks or whites. This isn&#8217;t incompatible with the race realist hypothesis.</p>
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		<title>By: Andy</title>
		<link>http://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/#comment-92581</link>
		<dc:creator><![CDATA[Andy]]></dc:creator>
		<pubDate>Sun, 01 Jun 2014 13:41:20 +0000</pubDate>
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		<description><![CDATA[&lt;blockquote&gt;Do reactionaries say that “Reactionary states” (meaning, what exactly?) won’t go to war, or that they won’t go on grand crusades to spread ideology x?&lt;/blockquote&gt;

http://slatestarcodex.com/2013/05/22/apart-from-better-sanitation-and-medicine-and-education-and-irrigation-and-public-health-and-roads-and-public-order-what-has-modernity-done-for-us/
&lt;blockquote&gt;This claim I received mostly from blog posts I can’t find right now and from discussions with Michael Anissimov. It goes that when states are fully sovereign, self-interested, and run by noble classes – as they were long ago – their wars are rare, as short as possible, and mostly fought in a civilized way.&lt;/blockquote&gt;
I suspect the parable of Fnargl (where an omnipotent, gold-maximizing alien brings about world peace and prosperity) also gets mixed in here somewhere.
I define &quot;Reactionary state&quot; as a state where the governing structure, whether corporate or monarchic in nature, feels secure and works for its own interests, not for the good of the people underneath. 
But there&#039;s all kinds of reasons to go to war based off pride, or history, or kings can be completely nuts, all of which were in play in South Carolina. 
&lt;b&gt;EDIT:&lt;/b&gt;Most telling was the complete and utter lack of respect many Southern intelligentsia, especially the South Carolina &quot;fire-breathers,&quot; had for any Northern opinion and sensibilities. The Reactionary position relies on monarchs negotiating with each other rather than going to war, and the South Carolinans had absolutely no respect for the North. My favorites were the theory that Northerners, being descended from Anglo-Saxon peasants, were naturally inclined to be submissive to Southerners descended from Normans, and the politician who offered to drink all the blood spilled as a result of secession, though he never went through with it.]]></description>
		<content:encoded><![CDATA[<blockquote><p>Do reactionaries say that “Reactionary states” (meaning, what exactly?) won’t go to war, or that they won’t go on grand crusades to spread ideology x?</p></blockquote>
<p><a href="http://slatestarcodex.com/2013/05/22/apart-from-better-sanitation-and-medicine-and-education-and-irrigation-and-public-health-and-roads-and-public-order-what-has-modernity-done-for-us/" rel="nofollow">http://slatestarcodex.com/2013/05/22/apart-from-better-sanitation-and-medicine-and-education-and-irrigation-and-public-health-and-roads-and-public-order-what-has-modernity-done-for-us/</a></p>
<blockquote><p>This claim I received mostly from blog posts I can’t find right now and from discussions with Michael Anissimov. It goes that when states are fully sovereign, self-interested, and run by noble classes – as they were long ago – their wars are rare, as short as possible, and mostly fought in a civilized way.</p></blockquote>
<p>I suspect the parable of Fnargl (where an omnipotent, gold-maximizing alien brings about world peace and prosperity) also gets mixed in here somewhere.<br />
I define &#8220;Reactionary state&#8221; as a state where the governing structure, whether corporate or monarchic in nature, feels secure and works for its own interests, not for the good of the people underneath.<br />
But there&#8217;s all kinds of reasons to go to war based off pride, or history, or kings can be completely nuts, all of which were in play in South Carolina.<br />
<b>EDIT:</b>Most telling was the complete and utter lack of respect many Southern intelligentsia, especially the South Carolina &#8220;fire-breathers,&#8221; had for any Northern opinion and sensibilities. The Reactionary position relies on monarchs negotiating with each other rather than going to war, and the South Carolinans had absolutely no respect for the North. My favorites were the theory that Northerners, being descended from Anglo-Saxon peasants, were naturally inclined to be submissive to Southerners descended from Normans, and the politician who offered to drink all the blood spilled as a result of secession, though he never went through with it.</p>
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