Capitalism without competition is not capitalism

[sealybobo]

Ha ha you stupid mother fer. It’s 271 x.

I was pretty fucking close

You're a moron. It's not even close to that.

I just looked it up idiot

You should post your source.
That way I can highlight your idiocy.

Just google ceo pay 271 times and I’m sure it’ll pop up

You think the CEOs of 350 of the largest companies in the world are typical CEOs?
350, out of over 200,000.
I've said it before and I'll say it again, liberals are really bad at math.

No. It’s them who are getting all the tax breaks. Amazon, GE. They don’t pay no taxes.

 

[Toddsterpatriot]

You're a moron. It's not even close to that.

I just looked it up idiot

You should post your source.
That way I can highlight your idiocy.

Just google ceo pay 271 times and I’m sure it’ll pop up

View attachment 248670Chief Executives

$196,050

Not millions.

I’m sorry, of a large corporation. That was in small print.

Of the 350 biggest companies they make $15.6 million on average or 271 x the average worker.

Please don’t count goober who owns goobers garage. We don’t regulate goober like we do oil and insurance giants. Goober can charge and make whatever he wants more than his one employee. We aren’t worried about small business’ like that in fact they should get the tax breaks.

I’m sorry, of a large corporation.

Not "a large corporation".
A huge fucking corporation.

 

[Toddsterpatriot]

You're a moron. It's not even close to that.

I just looked it up idiot

You should post your source.
That way I can highlight your idiocy.

Just google ceo pay 271 times and I’m sure it’ll pop up

You think the CEOs of 350 of the largest companies in the world are typical CEOs?
350, out of over 200,000.
I've said it before and I'll say it again, liberals are really bad at math.

No. It’s them who are getting all the tax breaks. Amazon, GE. They don’t pay no taxes.

Obama did like to throw stupid "green energy" tax credits at his buddies at GE.

 

[Daryl Hunt]

I've been dancing around this but it's time to put the metal to the floor and really piss both sides off.

I have said that Capitalism and Socialism need each other at a national level or even a local level. One without the other can't exist for very long. Let's see what we can do about keep both healthy and why.

Okay, you started a business that is thriving. You hired the best of the best, your product is the best of the best and you are selling your product/service at a remarkable rate. Capitalism at it's best.

Next, the Son-in-Law takes over the Business and decides he wants to make even more money. He starts to cut corners. He takes more of the cut from the workers. He cheapens the Product/services to the point where the workers are not having trouble keeping up with inflation.

The Son-in-law or his cronies owns most of the housing, and almost every other thing that are touching your workers lives. Your Son-in-law gives the workers a raise to keep them on the job. But your Son-in-law and his cronies raise everything up to mroe than that raise where the workers are negative on the the actual income versus cost of living.

Notice, I have not said anything about forming a Union since it's in a right to work state. If you workers to strike, your Son-in-law just brings in scab workers and fires all the old workers at even a lower wage than before. He makes even more money.

Now, competition comes in and a competitor comes in. For awhile, he does what YOU did in order to carve up the pie. There isn't more pies. There is only one pie. Once he gets the largest portion of the pie, HIS Son-in-law takes over and gets hit by the Greed Factor. Here we go again.

In many cases, this is where we are today. To give you a little history lesson, General Electric made Washers, Dryers and Refrigerators before WWII. When WWII started, GE lowered the pay of the Workers in order to produce products so they could spend money for the war effort for other things. They promised the Appliance workers that the company would make it up to them after the war. In 1946, the Workers demanded GE start making it up to them in the form of wage increases and benefits. GE refused. The Workers walked out and picketed. GE turned to the Government for Troops to crush the workers. You see, until WWII, a large corporation could call on a Governor to send in the Guards to crush the uprising. Well, it seems that President Truman disagreed with this and said he would Nationalize the Guards and place them protecting the Workers welfare. GE had no choice but to capitualate. And this was all done without a Union.

At some point, the Greed Factors needs to be regulated otherwise, it gets out of hand and the whole system falls apart. There has to be some checks and balances for both the Workers welfare and the Corporations welfare. It's called Regulations. Some call it Socialism. But without those Regulations, either the Corporation will run the workers into the ground and destroy itself or the workers will run the business into the ground and destroy themselves. It's a balancing act.

There are no Free Markets. Only Fair Markets and you attain Fair Markets through Regulations and Tariffs.

 

[Daryl Hunt]

For all you self proclaimed Capitalists, there is something to think about.

Capitalism without competition is still capitalism. Monopolies are the natural result of late stage capitalism. This was made clear to you over a century ago.

Capitalism, if left unchecked, becomes total greed. It will consume itself and all around it sooner or later. Good intentions will only work for so long until the greed factor takes over. And it only takes one Greedy CEO or Board to do that. Capitalism needs Social Programs to run checks and balances when it gets to a national level. So you can scream and spit all you want but Capitalism and Socialism need each other to exist in a healthy environment in order to last for a very long time.

You can't fix capitalism with government. It's over. Time to start thinking about a new system.

You don't fix Capitalism. You Regulate it. You keep it in check. You need it. The real question becomes, how much regulation is healthy and when is it too much.

 

[Tehon]

For all you self proclaimed Capitalists, there is something to think about.

Capitalism without competition is still capitalism. Monopolies are the natural result of late stage capitalism. This was made clear to you over a century ago.

Capitalism, if left unchecked, becomes total greed. It will consume itself and all around it sooner or later. Good intentions will only work for so long until the greed factor takes over. And it only takes one Greedy CEO or Board to do that. Capitalism needs Social Programs to run checks and balances when it gets to a national level. So you can scream and spit all you want but Capitalism and Socialism need each other to exist in a healthy environment in order to last for a very long time.

You can't fix capitalism with government. It's over. Time to start thinking about a new system.

You don't fix Capitalism. You Regulate it. You keep it in check. You need it. The real question becomes, how much regulation is healthy and when is it too much.

Fix it, regulate it, same thing.

You can't. The capitalists that you are trying to regulate have the upper hand. You can't effectively regulate them. That should be obvious as it is the predicament we are in now.

 

[Oddball]

For all you self proclaimed Capitalists, there is something to think about.

Correct, what the US has now is called crony capitalism. The wealthy buy politicians to pass laws that put their competitors out of business. Eventually, the only competition they have left is the middle class, and they need to disarm them so that they can make them the slaves they want us to be.

And for the moonbats, their answer is.......

 

[Daryl Hunt]

For all you self proclaimed Capitalists, there is something to think about.

Capitalism without competition is still capitalism. Monopolies are the natural result of late stage capitalism. This was made clear to you over a century ago.

Capitalism, if left unchecked, becomes total greed. It will consume itself and all around it sooner or later. Good intentions will only work for so long until the greed factor takes over. And it only takes one Greedy CEO or Board to do that. Capitalism needs Social Programs to run checks and balances when it gets to a national level. So you can scream and spit all you want but Capitalism and Socialism need each other to exist in a healthy environment in order to last for a very long time.

You can't fix capitalism with government. It's over. Time to start thinking about a new system.

You don't fix Capitalism. You Regulate it. You keep it in check. You need it. The real question becomes, how much regulation is healthy and when is it too much.

Fix it, regulate it, same thing.

You can't. The capitalists that you are trying to regulate have the upper hand. You can't effectively regulate them. That should be obvious as it is the predicament we are in now.

If they can't be regulated then they need to move to Venezuela where they won't be regulated.

 

[Brain357]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Don’t forget special tax deals. Government picks winners and losers.

 

[Tehon]

Capitalism without competition is still capitalism. Monopolies are the natural result of late stage capitalism. This was made clear to you over a century ago.

Capitalism, if left unchecked, becomes total greed. It will consume itself and all around it sooner or later. Good intentions will only work for so long until the greed factor takes over. And it only takes one Greedy CEO or Board to do that. Capitalism needs Social Programs to run checks and balances when it gets to a national level. So you can scream and spit all you want but Capitalism and Socialism need each other to exist in a healthy environment in order to last for a very long time.

You can't fix capitalism with government. It's over. Time to start thinking about a new system.

You don't fix Capitalism. You Regulate it. You keep it in check. You need it. The real question becomes, how much regulation is healthy and when is it too much.

Fix it, regulate it, same thing.

You can't. The capitalists that you are trying to regulate have the upper hand. You can't effectively regulate them. That should be obvious as it is the predicament we are in now.

If they can't be regulated then they need to move to Venezuela where they won't be regulated.

Capitalism is doing what we have long known it would do. Time to move on from it.

 

[Dekster]

The video in the OP is one giant Post hoc ergo propter hoc fallacy. The driver isn't the relaxing of laws related to mergers and acquisitions. It is because of IRA's, 401K's have added immense pressure on publicly traded companies to force growth by any means possible.

I’ve heard when republicans lowered taxes on the rich it took away the way we regulated corporate greed. We taxed anyone’s income above a certain amount so much they didn’t bother. So they invested all that money back into the business. Gave employees raises and insurance.

So today CEOs pay themselves like baseball players. They and all their generals get all the money. The shareholders get some and they don’t complain because the coward of directors of your company is a bunch of CEOs of other companies. They are doing it too.

CEO pay is largely stock related. We saw companies during earnngs seasons recently see their stocks drop after they beat expectations simply because it was done on less revenue. Amazon shares aren't $1600+ a share because they pay dividends.

The way I understand it is that when taxes were lowered on top earners, it caused greed.

And CEOs stopped worrying about the long term. They only worry about the next 5 years so they can make a fortune. Employees don’t get a cut.

Union employees would have got profit sharing. Today the ceo gets it all.

Then continue to believe the myth.

 

[sealybobo]

I just looked it up idiot

You should post your source.
That way I can highlight your idiocy.

Just google ceo pay 271 times and I’m sure it’ll pop up

You think the CEOs of 350 of the largest companies in the world are typical CEOs?
350, out of over 200,000.
I've said it before and I'll say it again, liberals are really bad at math.

No. It’s them who are getting all the tax breaks. Amazon, GE. They don’t pay no taxes.

Obama did like to throw stupid "green energy" tax credits at his buddies at GE.

Trump throws tax breaks to every corporation. Wait till that causes problems like with the debt or social security. You’ll take a hit for your decisions you’ll see. And they’ll raise your taxes to pay for it.

I’ll still be successful so fuck it. If Americans are happy keep voting republican.

 

[boedicca]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

 

[sealybobo]

The video in the OP is one giant Post hoc ergo propter hoc fallacy. The driver isn't the relaxing of laws related to mergers and acquisitions. It is because of IRA's, 401K's have added immense pressure on publicly traded companies to force growth by any means possible.

I’ve heard when republicans lowered taxes on the rich it took away the way we regulated corporate greed. We taxed anyone’s income above a certain amount so much they didn’t bother. So they invested all that money back into the business. Gave employees raises and insurance.

So today CEOs pay themselves like baseball players. They and all their generals get all the money. The shareholders get some and they don’t complain because the coward of directors of your company is a bunch of CEOs of other companies. They are doing it too.

CEO pay is largely stock related. We saw companies during earnngs seasons recently see their stocks drop after they beat expectations simply because it was done on less revenue. Amazon shares aren't $1600+ a share because they pay dividends.

The way I understand it is that when taxes were lowered on top earners, it caused greed.

And CEOs stopped worrying about the long term. They only worry about the next 5 years so they can make a fortune. Employees don’t get a cut.

Union employees would have got profit sharing. Today the ceo gets it all.

Then continue to believe the myth.

I’m not saying what you are saying isn’t true. I’m adding to your facts.

 

[sealybobo]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

At some point two things are going to happen. Our taxes will need to go up to make up for the taxes corporations no longer pay. And they’ll have to cut into social security and Medicare.

Further widening the gap between the rich and poor.

And Americans voted for it. Amazing.

They’ll also somehow pin it on liberals. Here we can point to exactly how republican policies widen the gap between rich and poor and still they blame democrats for what’s going on. Americans are being controlled by a corporate media that appears liberal on social issues because republicans benefit from the wedge issues that divide us. God gays guns and racism drives poor people into the republicans arms.

 

[progressive hunter]

or t

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

At some point two things are going to happen. Our taxes will need to go up to make up for the taxes corporations no longer pay. And they’ll have to cut into social security and Medicare.

Further widening the gap between the rich and poor.

And Americans voted for it. Amazing.

They’ll also somehow pin it on liberals. Here we can point to exactly how republican policies widen the gap between rich and poor and still they blame democrats for what’s going on. Americans are being controlled by a corporate media that appears liberal on social issues because republicans benefit from the wedge issues that divide us. God gays guns and racism drives poor people into the republicans arms.

or the 50% that dont pay taxs can get jobs and pay their fair share

 

[boedicca]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

At some point two things are going to happen. Our taxes will need to go up to make up for the taxes corporations no longer pay. And they’ll have to cut into social security and Medicare.

Further widening the gap between the rich and poor.

And Americans voted for it. Amazing.

They’ll also somehow pin it on liberals. Here we can point to exactly how republican policies widen the gap between rich and poor and still they blame democrats for what’s going on. Americans are being controlled by a corporate media that appears liberal on social issues because republicans benefit from the wedge issues that divide us. God gays guns and racism drives poor people into the republicans arms.

Liberals are no longer Classical Liberals - they are Big Government Statist Progressives. Americans are being controlled by more than just Big Corporations. Our ruling "elite" cabal includes Big Banks, Big Media, Big Entertainment as well as the Big Permanent Bureaucracy+Bi-Fusion Status Quo Establishment in DC. They are all members of the Party which wants to enslave the rest of us so that the Party Hacks can live off of our "surplus" productivity (whatever is generated above and beyond the subsistence lifestyles they deem the rest of us should live in order to appease the Very Angry Global Climate Change Gawd.)

 

[Toddsterpatriot]

You should post your source.
That way I can highlight your idiocy.

Just google ceo pay 271 times and I’m sure it’ll pop up

You think the CEOs of 350 of the largest companies in the world are typical CEOs?
350, out of over 200,000.
I've said it before and I'll say it again, liberals are really bad at math.

No. It’s them who are getting all the tax breaks. Amazon, GE. They don’t pay no taxes.

Obama did like to throw stupid "green energy" tax credits at his buddies at GE.

Trump throws tax breaks to every corporation. Wait till that causes problems like with the debt or social security. You’ll take a hit for your decisions you’ll see. And they’ll raise your taxes to pay for it.

I’ll still be successful so fuck it. If Americans are happy keep voting republican.

Trump throws tax breaks to every corporation

He cut their rates across the board. 35% was stupidly high.

You’ll take a hit for your decisions you’ll see. And they’ll raise your taxes to pay for it.

We need to keep rates high, to protect us from tax hikes in the future?

 

[Tehon]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

Fascism is a political ideology.
Capitalism is a socioeconomic ideology.

Fascism can't exist without capitalism.

 

[boedicca]

You need government to eliminate competition.

If your opponent is doing much better than you are, you don't have to compete with them. Just buy them and then have them give the same crappy service your company does. The Public won't be the wiser.

And if you have government raise enough barriers, you never have to worry about new competitors.

Are you aware that the really big Corps write all the new laws? You honestly believe that you have a say in anything anymore? The Corp believes it needs something to make more money. They write a new law, they dump millions into Congress and Presidential Campaign Contributions or tell the Polititian that they are spending million is Dark Money on their behalf, offer jobs to the Congress Critters when they leave office, and then turn the 1000 page law over to the Congress Critters who introduce it to Congress without even reading the damned thing.

Big Corporations writing regulations is Not Capitalism. It's Corporate-Fascism.

Fascism is a political ideology.
Capitalism is a socioeconomic ideology.

Fascism can't exist without capitalism.

Nonsense. Fascism is about political control. Capitalism is a free market concept. Anything politicians due to distort the operation of free markets is anti-capitalism.