For the Capitalists on USMB.

Discussion in 'Economy' started by Coloradomtnman, May 21, 2009.

  1. Coloradomtnman
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    Coloradomtnman Rational and proud of it.

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    I'm kinda bored with the other threads right now, so I'd like to start a little debate over here in economics:

    If you are a capitalist, please answer these questions:

    Do you trust the market totally to regulate itself?

    Are you wealthy?

    If not, what are your chances of obtaining wealth, and how would you obtain that wealth?

    If you are wealthy, how did you get there?

    What would mean success for you in your own life?
     
  2. manu1959
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    manu1959 Left Coast Isolationist

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    i work in the private sector in architecture

    i am an owner in a company

    yes i trust the market to regulate itself and it does

    some consider me wealthy i don't

    i worked 5-6 days a week 10-12 hours a day for years....oncce i went 18 months with only 4-5 days off....

    success means not having to do that anymore and achieving a balanced life and it has nothing to do with money.....
     
  3. KittenKoder
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    KittenKoder Senior Member

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    Do you trust the market totally to regulate itself?
    No, but any consumer should investigate products themselves and make informed purchases, good and safe products will sell, others will drive the faulty businesses out of business.

    Are you wealthy?
    In mind, yes, according to legislation I am in poverty.

    If not, what are your chances of obtaining wealth, and how would you obtain that wealth?
    If the government wouldn't make it so expensive and difficult to obtain licenses through all their "regulation" then I'd have a business of my own by now.

    If you are wealthy, how did you get there?
    N/A

    What would mean success for you in your own life?
    I have it, going from nothing to something.
     
  4. sealybobo
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    sealybobo Diamond Member

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    I remember a few years ago they were talking about careers that didn't think would ever be outsourced to China/India and one of the careers mentioned was architecture.

    Have you seen this happening yet?

    How will you survive if you have to deal with archetech's in India?

    The IT world is dealing with this now. Companies fake like they tried but couldn't find any American help because they don't want to pay American wages. They make the qualifications impossible for anyone to meet so they are sure to never find anyone. Then they lower the bar and hire a cheaper employee with a worker visa from india.
     
  5. KittenKoder
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    KittenKoder Senior Member

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    IT is outsourcing because the government is forcing contracts made with specific companies onto the private companies.
     
  6. sealybobo
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    sealybobo Diamond Member

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    Do you have anything to back that up?

    Bill Gates says its because there aren't enough skilled IT people in the US to fill the role.

    I don't buy his excuse either, because IBM and Microsoft have lowered their IT staffs wages recently. If there was a demand for IT people like they say, those people would quit and go find better jobs. There are no jobs. So Bill Gates is a liar.

    When the Robber Baron's took over this country in 1913, they gave away half their fortunes to charity. That's because they knew they stood to make billions, so who cares about millions. And plus it was a great PR move.
     
  7. KittenKoder
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    KittenKoder Senior Member

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    Yeah, because now all the US IT prof. are using schooling to get their jobs instead of skill. But many other companies are often blind sided by the contracts the government has with MS, forcing them to go outside the country since they are not MS "certified". I didn't give the only reason, but one that demonstrates how "regulation" is hurting our country.
     
  8. manu1959
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    manu1959 Left Coast Isolationist

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    you can outsource the drafting of plans....but you can't outsource the design....we have a sister company in india....we use them from time to time if we can't hire....not a problem anymore.....h1b visas are very hard to get....
     
  9. manifold
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    manifold Diamond Member

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    :eusa_eh:

    No offense, but that's a stupid question. The market doesn't regulate itself. I'm not sure where you ever got the idea that it does.
     
  10. Coloradomtnman
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    Coloradomtnman Rational and proud of it.

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    Manifold, I don't think that the market does, at least, not completely. I'm asking if others believe it.

    Duh!:razz:
     
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