Capitalism: Explain how it creates "wealth and prosperity"?

[EdwardBaiamonte]

What causes wealth and prosperity?

simple, wealth is caused when free people decide they are wealthier by interacting freely. Do you understand?

 

[TheCrusader]

Simply:

No person should be allowed to own the labor of another person.

Labor is an action.One can't own an action.

Can you own a push-up? Can you own hammering in a nail? Can you own lifting a box? Obviously not. Actions are just something one does with one's body. Someone else can't own them, as they aren't physical resources in the real world.

Tell that to the whole institution of slavery 150 years ago? LOL.

 

[dblack]

Capitalism doesn't create anything. People do.

 

[TheCrusader]

What causes wealth and prosperity?

simple, wealth is caused when free people decide they are wealthier by interacting freely. Do you understand?

Wow you should get a Nobel prize in Economics for that whit!

 

[TheCrusader]

Are Employees paid 100% of what they produce? If not, by what justification are they not paid for all the work they did?

Employees know the wage when they accept employment, where are you trying to go with this?

What does that have to do with anything?

Slaves know how much food they are going to get per meal when they go work the cotton fields.

You are describing a system that allows people to legally own the labor of another, but blame the victims for the system?

Pathetic.

So what's your solution....or do you have one?

Broad ownership encouraged by abolishing the labor market. People should be paid the value of their productivity, not the value of their labor on a "market exchange" like a commodity market or any other market.

But their labor IS a commodity. Do you have the slightest clue of what you are talking about?

Why should we allow their labor to BE a commodity?

 

[EdwardBaiamonte]

Wow you should get a Nobel prize in Economics for that whit!

if you disagree say why or admit you lack the IQ for it

 

[initforme]

Slave owners were lazy anti americans

 

[Centinel]

Tell that to the whole institution of slavery 150 years ago? LOL.

Not sure of your point. But you never answered the question: can you own an action performed by another?

 

[westwall]

Employees know the wage when they accept employment, where are you trying to go with this?

What does that have to do with anything?

Slaves know how much food they are going to get per meal when they go work the cotton fields.

You are describing a system that allows people to legally own the labor of another, but blame the victims for the system?

Pathetic.

So what's your solution....or do you have one?

Broad ownership encouraged by abolishing the labor market. People should be paid the value of their productivity, not the value of their labor on a "market exchange" like a commodity market or any other market.

But their labor IS a commodity. Do you have the slightest clue of what you are talking about?

Why should we allow their labor to BE a commodity?

How does one "allow" that which simply "is"?

 

[EdwardBaiamonte]

Capitalism doesn't create anything. People do.

more accurately, people in a capitalist economy create tremendous wealth while people in a communist economy slowly starve to death.

 

[Little-Acorn]

People aren't interacting freely if one class of people have no say in the negotiation of terms.

They aren't able to say "Forget it, I'm not working for you"?

How dense and stupid are socialist liberals?

 

[Centinel]

Wow you are very naive.

Your name-calling doesn't explain why a person can't operate his own business rather than opt to be employed by someone else.

 

[TheCrusader]

Wow you are very naive.

Your name-calling doesn't explain why a person can't operate his own business rather than opt to be employed by someone else.

How can a person who is poor open their own business when the barriers to entry are high and the only way to make money is to compete in a labor market controlled by the owners who have no vested interest in competition or seeing you succeed?

Yes you are Naive.

There are only 6 million businesses in the united states.

0.03% of them employ 50% of America.

But no no, the solution is to let ALL the 154 million Americans open their OWN business using the current system?

 

[DarkFury]

70 percent bad

Well leave the country then okay? Gives me better parking if you do.

 

[Centinel]

How can a person who is poor open their own business when the barriers to entry are high and the only way to make money is to compete in a labor market controlled by the owners who have no vested interest in competition or seeing you succeed?

What barriers to entry?

 

[EdwardBaiamonte]

People aren't interacting freely if one class of people have no say in the negotiation of terms.

dear people of all classes under capitalism are free to negotiate the terms of every job they take and banana they buy. Do you understand now?

 

[TheCrusader]

How can a person who is poor open their own business when the barriers to entry are high and the only way to make money is to compete in a labor market controlled by the owners who have no vested interest in competition or seeing you succeed?

What barriers to entry?

Cost to own other essential property such as floor space, tools, you know, CAPITAL.

There is a cost to owning CAPITAL, one that most LABOR cannot afford because CAPITALIST pay LABOR less than they are WORTH.

 

[RandallFlagg]

70 percent bad

Well leave the country then okay? Gives me better parking if you do.

Agreed!!! I can never understand these little "Fidels". They hate this country so damned bad? Who the HELL is keeping them here? Unlike the USSR (when it was in power) no one says you can't leave any damned time you wish. Jesus Christ these whining little crybaby bitches.

 

[initforme]

Nope. Retired. Using my social security and Medicare and loving it. You should leave if you don't like facts moron.

 

[dblack]

How can a person who is poor open their own business when the barriers to entry are high and the only way to make money is to compete in a labor market controlled by the owners who have no vested interest in competition or seeing you succeed?

What barriers to entry?

The kind that vested interests create by colluding with the regulatory regime. Erecting barriers to entry is the primary functional impact of state regulation on business.