That might hold for the police and the courts, it certainly doesn't hold for a vast welfare industrial complex.
A recipe for disaster
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That might hold for the police and the courts, it certainly doesn't hold for a vast welfare industrial complex.
Because the federal government functions as a sovereign current provider and can not default on debts issued in its currency. States can not issue their own currencies, hence they are required to balance their budgets.The National Conference of State Legislatures (NCSL) has traditionally reported that 49 states must balance their budgets, with Vermont being the exception.
There is no authority above the states, i.e. Federal authority.Policy Research
NCSL’s experts are here to answer your questions and give you unbiased, comprehensive information as soon as you need it on issues facing state legislatures. We answer more than 20,000 requests for information a year.www.ncsl.org
So why does the United States Federal government not have a similar requirement that 49 of the 50 states have..i.e. balanced budgets?
How could anyone be ignorant enough to doubt a system that basis service on ability to pay instead of need kills those who can't afford the price?Where is your proof that capitalism killed ANYONE??? What a gross totally erroneous statement!
The same way we built roads, bridges, and canals during the first century of this republic:How do you expect things like offshore oil rigs and jet airliners to get created without corporations?
WrongWorkers under capitalism are compelled by their lack of ownership of the means of production to sell their labor power to capitalists for less than the full value of the goods they produce. There's nothing subjective about it.
Exploitation (Stanford Encyclopedia of Philosophy).
Marx was a feayd and an absolute foolI think you're making a mistake to think in terms of big or small government.
We have the best government money can buy.
Marx knew that labor power is distinct from every other commodity in one important aspect; labor has the power to produce value beyond what is needed for its own reproduction.
The value that goes into the commodities that sustain a worker for a 12 hour day is less than the value of the commodities that worker can produce during those 12 hours.
"The key to understanding the nature of the capitalist economy, according to Marx, lies in understanding the nature of the commodity.
"A commodity is something that is useful and that is produced in order to be exchanged for a different kind of commodity.
"Parents who make bread to feed their family are not producing commodities.
"Bakers who produce bread to sell on the market are producing commodities."
The Labor Theory of Value and Surplus Value
Didn't Rich Jeff admit that when he thanked every Amazon employee and every Amazon customer "because you guys paid for all this"?
In case you haven't noticed, 90% of US workers haven't been getting the same percentage wage gains over the past forty years as those earning a higher salary have.
Five Causes of Wage Stagnation in the United States | AFL-CIO
No we don'tIf you know you're not getting paid enough for your labor, it is up to you to change the political system that rewards those who have the most with 90% of all productivity gains over the past forty years.
We need a new economy and society that doesn't require millions of people live in perpetual financial and physical peril so a handful of parasites can float in space for ten minutes.
Exactly. When he was a mayor his rhetoric was, "who needs a million?"Well…he did used to single out millionaires…until he became one that is.
"In this discussion I want to draw attention to the fact that, since the time of the Russian Revolution, capitalist institutions as a whole have caused close to 158 million deaths by waging war alone, with liberal democratic varieties of capitalism contributing at least 56 million of those fatalities.It does? Who are these people?
How many deaths have Communist institutions caused?"In this discussion I want to draw attention to the fact that, since the time of the Russian Revolution, capitalist institutions as a whole have caused close to 158 million deaths by waging war alone, with liberal democratic varieties of capitalism contributing at least 56 million of those fatalities.
https://www.tandfonline.com/doi/full/10.1080/10455752.2021.1875603
According to your article, those people were killed in wars, not by capitalism."In this discussion I want to draw attention to the fact that, since the time of the Russian Revolution, capitalist institutions as a whole have caused close to 158 million deaths by waging war alone, with liberal democratic varieties of capitalism contributing at least 56 million of those fatalities.
https://www.tandfonline.com/doi/full/10.1080/10455752.2021.1875603
When has capitalism ever concerned itself with legality?Do they all do this simultaneously at the same time? Do they coordinate this price increase? That's illegal, you know.
How hard is it for greedy capitalists to manipulate the laws of supply and demand to enhance profits?So you agree that supply and demand control prices, but your theory of inflation says they have nothing to do with it.
They can't, turd. That's the beauty of the free market.How hard is it for greedy capitalists to manipulate the laws of supply and demand to enhance profits?
"Supply and Demand:
"I am not sure about you, but I don’t like these economic principles. I don’t believe they are true, and neither should you…unless you want them to be true for you.
- P – price
- Q – quantity of goods
- S – supply
- D – demand..."
"If you’re willing to think and act strategically, you can easily manipulate the laws of supply and demand."
"It should be surprising to learn, however, that by manipulating the laws of supply and demand, you can make more profit in less time and with far fewer headaches."
How to manipulate the law of supply and demand
Show the proof or admit you lie like Trump.The fact that human wants are unlimited is a basic principle of economics.
Capitalism doesn't have wants or desires. It's not a person. However, people do concern themselves with legality.When has capitalism ever concerned itself with legality?
We all know its true in our bones, moron.Show the proof or admit you lie like Trump.
Anything Trump says is at least as likely to be a lie as not.Trump said you're smart enough and good enough to succeed on your own without government help.
So where's the lie?Anything Trump says is at least as likely to be a lie as not.
Why aren't you smart enough to notice?
Trump University - Wikipedia
"On November 18, 2016, it was reported that Trump had agreed to pay $25 million to settle the two class actions and the New York suit.
"The settlement was reached 10 days before the San Diego class action was scheduled to go to trial.
"$21 million will go to the participants in the class actions, $3 million will go to New Yorkers not covered by the class actions, and a penalty of up to $1 million will be assessed by the state of New York for running an unlicensed university."