Financial inversion?

May 26, 2023 Last reply: 3 years ago 20 Replies

In 1972 as a raw graduate my starting salary was £1320 pa and a bare bones PDP11/20 (with no I/O periphals) was over £5K, ISTR nearer £10K



but now



starting salaries are £30K+ pa and the equivalent, or better, processing power in a RPi Pico is £5.


But the PiPiCo isn't even able to run her own C compiler! It is far less useful than the PDP was back then.

C did not exist in 1972

But are you sure about that, for I did have the Zorland C compiler that ran under MSDOS?

This doesn't affect your salary to processing power comparison but the starting salary has "only" doubled: £1320 in 1972 is £14,585.20 now, according to

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But what is "her own C compiler"? It can certainly run *a* C compiler, even in a shell, with a file system and vi:

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Ask Wiki-Peter:

C was originally developed at Bell Labs by Ritchie between 1972 and

1973.

-- Take Back Control! -- Mesh The Planet! Do you GNUS too? -- Stop worrying about spam and start to score.

Ask Wiki-Peter:

C was originally developed at Bell Labs by Ritchie between 1972 and

1973.

(But I mentioned C in the sentence with the PiPiCo...)

Yes, the one aspect of the Labour Party in government that affects all of us is that a pound is now only worth a shilling.

Tory scum moron,

Those numbers mostly just follow international trends. Labour and Tory both did sometimes a little better, sometimes a little worse than the EU/USA/World:

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From
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That's the greasy slope of inflation. Tell me Moore, Tell me Moore.

Now if only we could achieve a thousandth of that reduction in the costs of food and energy production.

And, better still, pass some of that reduction along to consumers rather than giving it all to shareholders of the distribution companies.

I made slightly more money on my Shell shares than I lost due to exaggerated oil and electricity prices.

None of that here, thank you.

---druck

The chief function of Marxism, and by definition the Labour party, is to teach people how to feel justified in indulging in their most negative emotions 'because They Really Are Doing It to You'.

The real scum are the Angela Rayners of this world. But like the intellectual children that they are, we forgive them because they "know not what they do".

The best way to improve the lot of the untermensch, untouchables, working class and hoi polloi is for developmental entrepreneurs to be the leaders and to feather their own nests by improving the lot of the human race in general.

Kings queens, lords, ladies and their ilk are not such leaders but are destructive parasites.

The socialists get it wrong by dragging everybody down.

I have listened to more than one member of the British aristocracy make almost word for word that argument with nobility where you have "developmental entrepreneurs". It is the standard justification for the existence of a privileged group, no matter who is in that group.

I don't believe there has ever been a society without a privileged group so they're probably something we have to accept.

A quick look at history will reveal that the privileged group has always been split between parasites and benefactors the former being the price we pay for the existence of the latter. A useful contribution would be a way to influence the ratio and encourage benefactors. I don't know of one but using heredity as the entry mechanism certainly wasn't one.

The currently popular one is of course the ability to amass money, it seems like it ought to be better but there are so many unproductive ways to amass money.

The important thing IMHO is to restrain the excesses at both ends, we can as easily afford cushions at the bottom as we can feathers at the top.

Anyone can be unlucky enough to wind up at the bottom no matter how able. Some can never find a way up some give up trying, we can afford to be gentle to them and we should because there's one thing the Christians got right "There but for the grace of god go I". Replace "the grace of god" with "a bit of luck" if you prefer it's still true.

Ah, it's worse than I thought.

Not sure that that always works, especially in a post modern society

I am more sanguine. In England if you visit an ex royal Tudor residence, once you see the lack of central heating, and the s*it down a pipe to the outside en suite toilets., you realise that they were in fact the pioneers of the affluent lifetstyle. They set the example of what it meant to 'live like a king' and by an large today we all do.

Socialists always get everything wrong. They get carried away by adherence to faux principles and impossible ideals.

The utterly stupid idea that we are all the same, and everyone should e.g. receive the same education and pay levels, regardless of aptitude and competence, would, taken to its ultimate conclusion, have deaf dumb and blind idiots doing brain surgery

Dragging everybody down is about all that socialists can do. Winston Churchill said it better than anybody:

"Socialism is the philosophy of failure, the creed of ignorance, and the gospel of envy."

"The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of socialism is the equal sharing of miseries."

"I do not at all wonder that British youth is in revolt against the morbid doctrine that nothing matters but the equal sharing of miseries, that what used to be called the 'submerged tenth' can only be rescued by bringing the other nine-tenths down to their level...”

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