Capitalism is NOT Democratic: Democracy is NOT Capitalist

[Toddsterpatriot]

What job is worth only 8 bucks an hour where the government is mandating a higher wage?

You don't understand how the value someone adds doesn't have to be as high as the government
mandated minimum wage?

 

[HappyJoy]

You don't understand how the value someone adds doesn't have to be as high as the government
mandated minimum wage?

Right, what job is worth 8 bucks that the government is mandating a higher wage?

 

[Toddsterpatriot]

Right, what job is worth 8 bucks that the government is mandating a higher wage?

If your skill level is so low that you turn $8 of materials into a $16 product in
an hour, how is the government protecting you by mandating you be paid $15/hr?

 

[HappyJoy]

If your skill level is so low that you turn $8 of materials into a $16 product in
an hour, how is the government protecting you by mandating you be paid $15/hr?

I guess you can't think of a job worth 8 bucks where the government is mandating a $15 hourly wage.

 

[georgephillip]

Why didn't you ever buy any equities?

AUGUST 6, 2021

Capitalism in America: You Are The Chicken​

 

[Toddsterpatriot]

I guess you can't think of a job worth 8 bucks where the government is mandating a $15 hourly wage.

You seriously don't understand the concept of "value-added"?

Try this one, you can only add $8 of value an hour, but Illinois mandates an $11 minimum wage.

Understand yet?

In economics, specifically macroeconomics, the term value added refers to the contribution of the factors of production (i.e. capital and labor) to raising the value of the product and increasing the income of those who own said factors.

Value added - Wikipedia

en.wikipedia.org

 

[Toddsterpatriot]

AUGUST 6, 2021

Capitalism in America: You Are The Chicken​

And you're the poor idiot who never bought any stocks.

 

[HappyJoy]

You seriously don't understand the concept of "value-added"?

Try this one, you can only add $8 of value an hour, but Illinois mandates an $11 minimum wage.

Understand yet?

In economics, specifically macroeconomics, the term value added refers to the contribution of the factors of production (i.e. capital and labor) to raising the value of the product and increasing the income of those who own said factors.

Value added - Wikipedia

en.wikipedia.org

I'm specifically asking for a job that is only worth 8 bucks an hour but the government mandates 15. You haven't been able to name that job.

 

[Toddsterpatriot]

I'm specifically asking for a job that is only worth 8 bucks an hour but the government mandates 15. You haven't been able to name that job.

Plenty of unskilled people with little or no experience who aren't worth $8 an hour. Let alone $15.

 

[HappyJoy]

Plenty of unskilled people with little or no experience who aren't worth $8 an hour. Let alone $15.

Like?

 

[Toddsterpatriot]

Like?

80% of the Chicago Public School "graduates".
95% of the Chicago Public School dropouts.

 

[dblack]

I'm specifically asking for a job that is only worth 8 bucks an hour but the government mandates 15. You haven't been able to name that job.

The jobs that go away after the minimum wage is increased above $8/hr. Are you saying that's never happened?

 

[HappyJoy]

80% of the Chicago Public School "graduates".
95% of the Chicago Public School dropouts.

Ah, dog whistles aren't jobs.

 

[georgephillip]

For the 98957th time

Capitalism is not really an ideology

"An ideology (/ˌʌɪdɪˈɒlədʒi/) is a set of beliefs or philosophies attributed to a person or group of persons, especially as held for reasons that are not purely epistemic,[1][2] in which 'practical elements are as prominent as theoretical ones.'[3]

"Formerly applied primarily to economic, political, or religious theories and policies, in a tradition going back to Karl Marx and Friedrich Engels, more recent use treats the term as mainly condemnatory.[4]

Ideology - Wikipedia

"The term was coined by Antoine Destutt de Tracy, a French Enlightenment aristocrat and philosopher, who conceived it in 1796 as the 'science of ideas' to develop a rational system of ideas to oppose the irrational impulses of the mob. In political science, the term is used in a descriptive sense to refer to political belief systems."

 

[CarlinAnnArbor]

Capitalism is NOT Democratic: Democracy is NOT Capitalist​

And Communism is not succesful.

And only your statement is true.

The socialists/commies finally feel free to come out of the closet. I believe this is America's last generation

 

[struth]

What institution prints the money that individuals and businesses use to pay their taxes?

Withering away of the state - Wikipedia.

unfortuately that theory has never actually happened. Leftist regimes never give up their power, Communism is only a theory, leftist regimes never get past socialism.

 

[HappyJoy]

The jobs that go away after the minimum wage is increased above $8/hr. Are you saying that's never happened?

Ever happened? Probably has. Do I think the minimum wage has been more beneficial? Absolutely.

 

[Toddsterpatriot]

Ah, dog whistles aren't jobs.

And plenty of people can't add $8 let alone $15 per hour.

 

[HappyJoy]

"An ideology (/ˌʌɪdɪˈɒlədʒi/) is a set of beliefs or philosophies attributed to a person or group of persons, especially as held for reasons that are not purely epistemic,[1][2] in which 'practical elements are as prominent as theoretical ones.'[3]

"Formerly applied primarily to economic, political, or religious theories and policies, in a tradition going back to Karl Marx and Friedrich Engels, more recent use treats the term as mainly condemnatory.[4]

Ideology - Wikipedia

"The term was coined by Antoine Destutt de Tracy, a French Enlightenment aristocrat and philosopher, who conceived it in 1796 as the 'science of ideas' to develop a rational system of ideas to oppose the irrational impulses of the mob. In political science, the term is used in a descriptive sense to refer to political belief systems."

In other words. Capitalism really is an ideology. I'm sure Deplorable Yankee will thank you for educating him after he gets up off the floor.

 

[Toddsterpatriot]

AUGUST 6, 2021

Capitalism in America: You Are The Chicken​

Thanks for the link......


You Are The Chicken

To say the American worker faces a free market is to say that chickens are free to become McNuggets. All the homes in America have been paid for many times over and still we pay mortgages, rent, and dues the rest of our lives. All the housing should be free! All the schools, the streets, the bridges, all the sewers, towers and wires, should be free! “Sunk costs” the economists call them. Money already spent. Our endowment.

All the land is everybody’s and all the food it produces should be free as well. The oil beneath the land should be as free as the air above. Cars should be free. Computers should be free. Everything we need should be absolutely free. We already paid for it. It’s our history, our heritage, our legacy.

Comedy gold!!!