People Are Less Selfish Under Capitalism

[Thinker101]

Let me ask you this. Corporate profits are at an all time high as is worker productivity. Despite this, wages for the poor are way behind on the cost of living even if they work 40 hour weeks. Are you really going to tell me profitable businesses don’t pay more because they can’t afford it?

Profitable businesses pay market value for services. Profitable businesses are only obligated to generate profit. They are profit generators first. Their mission is not to employ, but to profit. Employing and paying high costs is hostile and contrary to the proper goal of a business---profit. You're welcome for the business lesson.

Don't blame businesses Their purpose is not to make sure poor people get paid.

We have a flooded market for unskilled labor. Our poor are forced to compete with illegal foreign labor who have no federal or state income tax liability.

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

No kidding, you need "market value" explained?

Well go ahead. Explain it if you can. How do you quantify market value of wages?

How to Determine Fair Market Value Employee Wages

How to Determine a Job’s Market Value | Monster.com

You're welcome.

 

[jasonnfree]

Lol if all you have is 3 employees than you should probably plan better when it comes to inflation. What I’m really talking about is big corporations and franchises who could easily afford to pay their employees more. Your point a about 3 employee means dick, because well, there are only 3 of them.

How many employees do you believe a small family business has on the payroll? How many did you have with your first start-up? You contract people.

You claim to want to target massive conglomerates, but had eight years to do so and chose not to.

i won’t deny some small businesses would flounder especially if they are barely making a profit, but so be it. Why should we coddle their interests when millions of people would make more money? Money they desperately need because they can’t even afford a 40 hour work week’s pay.

Firms with less than 20 workers made up 89.4 percent of businesses.

This means that you would adversely affect nearly 90% of the businesses in the US. That is not a case of the needs of the many.

Small Business & Entrepreneurship Council

This is actually very misleading because it includes locally owned franchises such as McDonald’s and Burger King. Such businesses obviously never have supply problems.

That is not misleading. A franchise, in case you don't understand, is the business owner leasing a name. The business owner is still responsible for the business just as any mom or pop owner would be. My wife manages subways. They do have supply problems.

They definitely don’t have supply problems that hinder the success of the franchise. The employees just suck most of the time. If your wife runs a subway, she is dictated how she runs it by the corporation. She has some authority, but she must follow the rules laid out by the successful business that governs their products.

I see these threads all the time about the glory of capitalism. Capitalism fails quite often but the government subsidizes and bails it out quite often. Things got better for Americans when FDR came in with liberal and socialist policies after capitalism failed. Raised taxes on the extremely wealthy and corporations. Things went along pretty well, the working class advanced with higher wages, till reagan comes along a half century later convincing people that government is the cause of all our problems, while of course drastically lowering tax rates. Things have gone downhill for the working class ever since.

 

[danielpalos]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

 

[Thinker101]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

 

[Billy000]

Let me ask you this. Corporate profits are at an all time high as is worker productivity. Despite this, wages for the poor are way behind on the cost of living even if they work 40 hour weeks. Are you really going to tell me profitable businesses don’t pay more because they can’t afford it?

Profitable businesses pay market value for services. Profitable businesses are only obligated to generate profit. They are profit generators first. Their mission is not to employ, but to profit. Employing and paying high costs is hostile and contrary to the proper goal of a business---profit. You're welcome for the business lesson.

Don't blame businesses Their purpose is not to make sure poor people get paid.

We have a flooded market for unskilled labor. Our poor are forced to compete with illegal foreign labor who have no federal or state income tax liability.

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

No kidding, you need "market value" explained?

Well go ahead. Explain it if you can. How do you quantify market value of wages?

How to Determine Fair Market Value Employee Wages

How to Determine a Job’s Market Value | Monster.com

You're welcome.

See, I’m not sure you can really explain this to me. This advice applies to small businesses starting out that want to attract good workers and be competitive in that sense. It has nothing to do with determining whether or not businesses in general should be paying their employees more. This does not at all factor in the contribution of the American worker in terms of productivity and the profits of corporations in general.

For a small start up, it is within their interests to be competitive in terms of employee compensation, but when it comes to well established corporations, they seek to miminize the cost of labor for the sake of wider profit margins. A corporation like McDonald’s can pay shit because they know there will always be millions of people applying to their positions. Those employees are 100% replaceable. This is how any entrepreneur wants to run a business.

 

[Billy000]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

Can you define socialism in YOUR OWN words?

 

[Thinker101]

Profitable businesses pay market value for services. Profitable businesses are only obligated to generate profit. They are profit generators first. Their mission is not to employ, but to profit. Employing and paying high costs is hostile and contrary to the proper goal of a business---profit. You're welcome for the business lesson.

Don't blame businesses Their purpose is not to make sure poor people get paid.

We have a flooded market for unskilled labor. Our poor are forced to compete with illegal foreign labor who have no federal or state income tax liability.

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

No kidding, you need "market value" explained?

Well go ahead. Explain it if you can. How do you quantify market value of wages?

How to Determine Fair Market Value Employee Wages

How to Determine a Job’s Market Value | Monster.com

You're welcome.

See, I’m not sure you can really explain this to me. This advice applies to small businesses starting out that want to attract good workers and be competitive in that sense. It has nothing to do with determining whether or not businesses in general should be paying their employees more. This does not at all factor in the contribution of the American worker in terms of productivity and the profits of corporations in general.

For a small start up, it is within their interests to be competitive in terms of employee compensation, but when it comes to well established corporations, they seek to miminize the cost of labor for the sake of wider profit margins. A corporation like McDonald’s can pay shit because they know there will always be millions of people applying to their positions. Those employees are 100% replaceable. This is how any entrepreneur wants to run a business.

There's always plan B. If you have difficulty retaining employees it's one of two things, either you don't pay them enough or you're an asshole.

 

[Thinker101]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

Can you define socialism in YOUR OWN words?

Why bother when it's so easy to get one online.

 

[Billy000]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

Can you define socialism in YOUR OWN words?

Why bother when it's so easy to get one online.

I already know the definition. I want you to define it in its own words.

 

[Thinker101]

So true. No doubt that America is the most generous country. Our poor resemble middle class in many other countries. We have more charities. People can quickly raise money for any cause, from helping victims of a disaster to helping animal shelters.

Socialism and communism are what make people selfish. When you have so little, you don't share because you can't afford to. When government allows people to get what government thinks they need, people cling to what they have. If someone needs something, they are supposed to turn to government.

Leftists encourage people to be rude and selfish. They divide people into groups and pit them against each other. That fosters resentment and dehumanizes anyone who doesn't think the way they do. No wonder there is so much theft and violence. The looters are greedy. The rioters are hateful. Are any of these leftists groups starting charities to help others? No. They expect government to rob on their behalf because they feel entitled to other people's money. There is no basis for that entitlement. Hard to be charitable when someone who could work and have as much as you would rather demand that you hand it to them. It's no different than mugging someone and demanding their wallet.

We have a lot of charities. We welcome refugees who need help. We give generously to other countries after disasters. That is kindness. We don't demand that government take from others, we reach into our own pockets because we care about total strangers. I am sick of the left pretending that only they care when all they do is demand that others foot the bill. They are the selfish ones.

Leftists also think they are being kind by demanding open borders. They don't think it through or imagine what this country would turn into if citizens here were suddenly outnumbered 4 to 1, and that's a conservative estimate. Leftists don't stop and think about thousands of human trafficking victims going through the border. They would never question whether an individual is a criminal or whether the children with them are their own. It matters not to leftists that they may be aiding and abetting kidnappers. They think ignoring the evil and allowing them to run rampant is caring when the truth is that our lack of security threatens all innocent people on both sides of the border. They demand policies that would do more harm than good and yet call themselves humanitarians. Real compassion is caring for people, not demanding things that would cause them harm.

Republicans are shown to give more to charities than Democrats. You can't count it when Dems steal a million dollars from tax payers and only $10,000 of it reaches the people it was taken to help. It's not benevolent to make money disappear as it goes through the bureaucracies. It is benevolent to give of yourself to help others, something the left rarely does. The right clearly supports capitalism because that made this the best country. It allows people to earn money to care for themselves and for them to donate to help others. The money doesn't run out because capitalism creates wealth and continues to do so. The left clearly supports socialism because it gives them the power to redistribute the existing wealth, until it runs out. Socialism does not create wealth. Once spent, no one can receive the help they need.


"Years ago, an MBA student of mine had immigrated from Albania after growing up under Communism. She shared with her classmates what she observed to be the most unexpected mindset difference between Americans and Albanians.

She got emotional as she explained how in Albania, charity was rare—caring for anyone other than yourself and your family was uncommon. In contrast, she experienced Americans as generous and caring.

My student described how exasperated she felt hearing the claim that capitalism leads to a survival of the fittest mentality. In her experience, it was the opposite; under communism, the mindset was to not care for others."


People Are Less Selfish Under Capitalism… Especially Compared to Socialism | Barry Brownstein

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

Can you define socialism in YOUR OWN words?

Why bother when it's so easy to get one online.

I already know the definition. I want you to define it in its own words.

Definition of SOCIALISM

 

[Markle]

Lol could this meme be more full of shit? 10s of millions of workers make less than $10 per hour. You just like to pretend all poor people are unemployed because it gives you a laughable, false sense of superiority.

What is the average household income where one of the workers earns the minimum wage?

 

[SmokeALib]

Allow me to educate for a moment:
The stupid, aimless, lazy, and unmotivated will always need a huge, unaccountable, and bankrupt government to think and do everything for them. Without it, they fail. Socialism is dependent on failure.
Capitalism weeds out failure and promotes opportunity.
Socialism is government rule.
Capitalism is freedom, liberty, and property rights.
This concludes tonight's lesson.
Tune in tomorrow when I will explain the term "work". Hint - work is what responsible Americans do to take care of themselves and their families.

 

[Markle]

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

How is it the responsibility of the employer to pay the employee "needs"? It is the responsibility of the employee to increase their value to the employer. Many employers even help the worker by paying for courses, tuition, and inner company training.

 

[Markle]

Well go ahead. Explain it if you can. How do you quantify market value of wages?

Simple, whatever it costs to hire a qualified person for the position you need to fill.

 

[Markle]

I see these threads all the time about the glory of capitalism. Capitalism fails quite often but the government subsidizes and bails it out quite often. Things got better for Americans when FDR came in with liberal and socialist policies after capitalism failed. Raised taxes on the extremely wealthy and corporations. Things went along pretty well, the working class advanced with higher wages, till reagan comes along a half century later convincing people that government is the cause of all our problems, while of course drastically lowering tax rates. Things have gone downhill for the working class ever since.

FDR, through his failed economic policies, extended the Great Depression by seven years. How was that good for Americans?

 

[Billy000]

Communism merely requires social morals for free to achieve a Commune of Heaven on Earth. Capitalism can never buy us a stairway to Heaven.

And in Socialism, everyone will have their very own stairway to Heaven.

Can you define socialism in YOUR OWN words?

Why bother when it's so easy to get one online.

I already know the definition. I want you to define it in its own words.

Definition of SOCIALISM

That’s what I thought. What a shame.

 

[JBond]

Lol if all you have is 3 employees than you should probably plan better when it comes to inflation. What I’m really talking about is big corporations and franchises who could easily afford to pay their employees more. Your point a about 3 employee means dick, because well, there are only 3 of them.

How many employees do you believe a small family business has on the payroll? How many did you have with your first start-up? You contract people.

You claim to want to target massive conglomerates, but had eight years to do so and chose not to.

i won’t deny some small businesses would flounder especially if they are barely making a profit, but so be it. Why should we coddle their interests when millions of people would make more money? Money they desperately need because they can’t even afford a 40 hour work week’s pay.

Firms with less than 20 workers made up 89.4 percent of businesses.

This means that you would adversely affect nearly 90% of the businesses in the US. That is not a case of the needs of the many.

Small Business & Entrepreneurship Council

This is actually very misleading because it includes locally owned franchises such as McDonald’s and Burger King. Such businesses obviously never have supply problems.

That is not misleading. A franchise, in case you don't understand, is the business owner leasing a name. The business owner is still responsible for the business just as any mom or pop owner would be. My wife manages subways. They do have supply problems.

They definitely don’t have supply problems that hinder the success of the franchise. The employees just suck most of the time. If your wife runs a subway, she is dictated how she runs it by the corporation. She has some authority, but she must follow the rules laid out by the successful business that governs their products.

How many franchises do you own? Are they all restaurants, or are you diverse? I'm looking for additional opportunities.

 

[Billy000]

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

How is it the responsibility of the employer to pay the employee "needs"? It is the responsibility of the employee to increase their value to the employer. Many employers even help the worker by paying for courses, tuition, and inner company training.

Worker productivity as well as corporate profits are at an all time high yet wages are way behind on the cost of living. Shouldn’t that be enough to raise wages?

 

[SmokeALib]

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

How is it the responsibility of the employer to pay the employee "needs"? It is the responsibility of the employee to increase their value to the employer. Many employers even help the worker by paying for courses, tuition, and inner company training.

Worker productivity as well as corporate profits are at an all time high yet wages are way behind on the cost of living. Shouldn’t that be enough to raise wages?

Depends on the worker. Does he come to work on time? Does he work all his scheduled days? Does he work hard? Does he learn well? Does he show interest in improving himself and the company?

 

[JBond]

Businesses have no purpose in paying people a wage they live off of? Are you insane? How else will they make money? The government? Hmmm.

Also, what does “market value” mean exactly when it comes to wages? Can you elaborate?

How is it the responsibility of the employer to pay the employee "needs"? It is the responsibility of the employee to increase their value to the employer. Many employers even help the worker by paying for courses, tuition, and inner company training.

Worker productivity as well as corporate profits are at an all time high yet wages are way behind on the cost of living. Shouldn’t that be enough to raise wages?

Sigh...