Maybe before talking about high standards, we should start with low standards.
582 karma · joined September 21, 2011
Maybe before talking about high standards, we should start with low standards.
The clearest contrast is between a house and a factory. If you own a factory, you have economic power - you can hire workers, pay them $X dollars, and get $X+Y dollars from what they produce.
The point is that housing and pension wealth doesn't produce surplus, whereas financial and business wealth does. I don't know if I fully understand the pensions argument, but I absolutely agree with the housing argument.
[1]: https://en.wikipedia.org/wiki/Seawater [2]: http://projects.scpr.org/applications/monthly-water-use/los-...
All the demonstrations rely on a changing magnetic field, either because the magnet is moving, or because the aluminum is moving. This induces an electric field in the aluminum (as it would in any conductor) which moves the aluminum, induces a magnetic field which moves the magnet, etc., but is independent of whether aluminum is ferromagnetic, paramagnetic or diamagnetic.