"Sin" in western business ?

[EdwardBaiamonte]

Of course, you need the opportunity to make profits.

liberals despise profits and see them as the product of greed.

 

[Rshermr]

Ed, perhaps you should let the Chinese government officials know of this switch.

obviously they know about about since they switched course 100% in 1979!!! See why we say a liberal will be very very slow????

Obviously they know about about????? You make no sense, again.
If you are saying they are a capitalist economy, then you have, in fact, your very own definition of capitalism.
Must really make you mad to find out your tea party dogma is BS. If you believe the Chinese economy is capitalist, you are truly capable of believing anything you want to believe.

 

[Rshermr]

Economies generally grow fastest under socialist control, or some other system of central planning.

yes and Florida/ CUba is a good example or east/west germany or Israel before and after 1999, or the USSR or Vietnam under communism.

See why we are 100% positive a liberal will be an idiot!!! Sorry but what explanation is possible????

That you are a tea party tool. Capable of only the information that you want to believe. Simple, ed.

 

[EdwardBaiamonte]

But, ed, profits happen because of demand.

too stupid!!! if so profits 1000 years ago would have been as great as today!!! Supply is huge today and that makes profit great today!!

Demand is 100% constant with human beings who always need to demand food and clothing. It is the supply that is what needs to be nurtured at all costs so we make the fastest progress possible.

 

[Rshermr]

Of course, you need the opportunity to make profits.

liberals despise profits and see them as the product of greed.

I know many liberals. And I know none that despise profits. You just continue to blather. More tea party dogma.

 

[whitehall]

Another fuzzy socialist foreign rant. It's a waste of time to respond.

 

[Rshermr]

If that is all that there is to it, then what is Canada? What is Germany? What is most of Europe for that matter.What you have defined is nothing.

if one farmer agrees to peacefully and voluntarily exchange some his wheat for some of his neighbors corn they have conducted quintessential capitalism. The more the government introduces liberal force or violence primarily with taxes, regulations, confiscations, the less capitalism there is. THe USA has the most capitalism and wealth, Europe has less, and Cuba has the least. Is that really over your head??

NOw even you can understand what capitalism is.

Ed,thats like saying here is a Yugo, and now you understand automobiles. Really simple, ed, there is a lot more to capitalism than that basic definition. You just described barter, in the most basic and simple economy, which may be perfectly capitalistic.

So again, ed, do you think that is all that there is to capitalism. Yeah, you probably do.

 

[EdwardBaiamonte]

If you believe the Chinese economy is capitalist, .

dear no economy is capitalist!!! China took a giant step toward capitalism in 1979 and that made all the difference.!!

The easiest things are over your head!! Why waste your time here??



U.S.'s Startup Myth; China's 'Ford Moment': Commentary Review ...
Jul 3, 2010... may have to go Communist. It's tempting to wonder which way China will go. ... So far, China has taken the first path, going more the way of capitalism than Communism. ... Krugman or Paulson: Who You Gonna Bet On? ...

www.businessweek.com/news/2010-07-03/u-s-s-startup-my... - Similar

The Myth of Asia's Miracle
Paul Krugman* ... Communist growth rates were certainly impressive, but not magical. ..... unfair: one is weighing down the buoyant performance of Chinese capitalism with the leaden performance of Chinese socialism. ... Even a modest slowing in China's growth will change the geopolitical outlook substantially. ...

web.mit.edu/krugman/www/myth.html - Similar

 

[EdwardBaiamonte]

Really simple, ed, there is a lot more to capitalism than that basic definition.

if so why be so afraid to tell us what??????????? What does your fear tell you??

 

[EdwardBaiamonte]

Of course, you need the opportunity to make profits.

liberals despise profits and see them as the product of greed.

I know many liberals. And I know none that despise profits. You just continue to blather. More tea party dogma.

Why do liberals hate profit? - Yahoo! Answersanswers.yahoo.com › ... › All Categories › Politics & Government › PoliticsCached - Similar
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29 answers - Jul 15, 2009
Top answer: Without profit there is no incentive to invest or operate a business AT ALL. Why do you think all American companies downsize and quickly go out of ...

Why do liberals hate big business do much?* - 12 answers - Mar 28, 2012
Why do liberals hate corporations, but place blind ...* - 8 answers - Feb 14, 2012
Why do liberals hate corporate profits?* - 14 answers - Apr 22, 2011
Why do people hate for profit colleges?* - 3 answers - Nov 2, 2010

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Katy Bushway: Why do liberals hate profit?katybushway.blogspot.com/2012/01/why-do-liberals-hate-profit.htmlCached
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Jan 17, 2012 – Liberals only hate profits that do not benefit their pockets or send votes their way. Let's put it this way, liberals like Al Gore (whose father made a ...
The American Spectator : The Liberals' Reality Problemspectator.org/archives/2011/08/23/the-liberals-reality-problemCached
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Aug 23, 2011 – Slight correction if I may....liberals hate the profit motive in others...especially those on the other side of the political aisle..while they themselves

 

[Rshermr]

liberals despise profits and see them as the product of greed.

I know many liberals. And I know none that despise profits. You just continue to blather. More tea party dogma.

Why do liberals hate profit? - Yahoo! Answersanswers.yahoo.com › ... › All Categories › Politics & Government › PoliticsCached - Similar
You +1'd this publicly. Undo
29 answers - Jul 15, 2009
Top answer: Without profit there is no incentive to invest or operate a business AT ALL. Why do you think all American companies downsize and quickly go out of ...

Why do liberals hate big business do much?* - 12 answers - Mar 28, 2012
Why do liberals hate corporations, but place blind ...* - 8 answers - Feb 14, 2012
Why do liberals hate corporate profits?* - 14 answers - Apr 22, 2011
Why do people hate for profit colleges?* - 3 answers - Nov 2, 2010

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Katy Bushway: Why do liberals hate profit?katybushway.blogspot.com/2012/01/why-do-liberals-hate-profit.htmlCached
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Jan 17, 2012 – Liberals only hate profits that do not benefit their pockets or send votes their way. Let's put it this way, liberals like Al Gore (whose father made a ...
The American Spectator : The Liberals' Reality Problemspectator.org/archives/2011/08/23/the-liberals-reality-problemCached
You +1'd this publicly. Undo
Aug 23, 2011 – Slight correction if I may....liberals hate the profit motive in others...especially those on the other side of the political aisle..while they themselves

This is your evidence??? Blogs and the American Spectator. Maybe i should send you some quotes from Move On.

Ed, you are truly a tea party tool.

Please let me know if you have anything other than opinion based on what you want to believe.

 

[Rshermr]

Really simple, ed, there is a lot more to capitalism than that basic definition.

if so why be so afraid to tell us what??????????? What does your fear tell you??

If you think capitalism is fully described by a 5 word sentence, then you will not understand, ed. You are a true waste of space.

 

[Rshermr]

If you believe the Chinese economy is capitalist, .

dear no economy is capitalist!!! China took a giant step toward capitalism in 1979 and that made all the difference.!!

The easiest things are over your head!! Why waste your time here??



U.S.'s Startup Myth; China's 'Ford Moment': Commentary Review ...
Jul 3, 2010... may have to go Communist. It's tempting to wonder which way China will go. ... So far, China has taken the first path, going more the way of capitalism than Communism. ... Krugman or Paulson: Who You Gonna Bet On? ...

www.businessweek.com/news/2010-07-03/u-s-s-startup-my... - Similar

The Myth of Asia's Miracle
Paul Krugman* ... Communist growth rates were certainly impressive, but not magical. ..... unfair: one is weighing down the buoyant performance of Chinese capitalism with the leaden performance of Chinese socialism. ... Even a modest slowing in China's growth will change the geopolitical outlook substantially. ...

web.mit.edu/krugman/www/myth.html - Similar

Well, Ed, I just took you at your word. You stated that things went really well for china when they became a capitalist economy. Here is a copy and paste of your statement: China just switched to it and now has fastest longest sustained growth in human history!!
I simply corrected you.

funny how you get all riled up and start shooting out insults when you have no rational answer.

Did you know, ed, that china places extremely high tarrifs on goods sold in their economy from the outside world? Pretty capitalist, eh.

 

[JoeNormal]

Consequently, he has instituted many ill-advised 'innovations' that a stockholder might view as positive

the beauty of capitalism is that the only thing stockholders view as positive is earnings!!

The 'wise' investor tries to determine whether a company has future potential. My point is that investors usually have no real clue about how to actually produce anything and what sounds to them like potiential improvements in a business are frequently smoke and mirrors.

 

[Widdekind]

UE is not welfare.

even minimal unemployment benefits are "a form of welfare"

Lincoln said much the same in 1861...

"Labor is prior to and independent of capital.

"Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."

Lincoln was a politician, campaigning for office, by flattering people's Pride. Logically, Capital (machines, factories) are not the product of blue-collar labor. Instead, they are the intellectual products, of innovative entrepreneurs. For example,

• Thomas Newcomen & James Watt developed the steam engine, for pumping out mines, not miners generally;
• Eli Whitney developed the Cotton Gin, not cotton-pickers generally;
• Eli Whitney developed interchangeable parts, not musket-makers generally;
• Henry Ford developed the rolling assembly-line, not car-assemblers generally.

General blue-collar laborers deserve zero credit, for those innovations, from which they have benefited, via the Industrial Revolution, and rising standards of living for all ("Newcomen's & Watt's steam-engines lifted this world out of poverty").

liberals despise profits and see them as the product of greed.

I know many liberals. And I know none that despise profits.

stereotypically, blue-collar points to the Greed of white-collars for "profits", for which they themselves are Envious. Nobody minds their business being profitable, when those profits accrue to themselves, in higher wages. Finger-pointing appears to be a case of "best defense is a good offense", behind which everybody acts more-than-less the same

 

[EdwardBaiamonte]

General blue-collar laborers deserve zero credit, for those innovations, from which they have benefited


******according to liberals this is not true, labor buys or demands innovations like cars so they are the essential part of the formula. Henry Ford is not more valuable than the guy who screws on the tires and buys the car with his paycheck.

 

[EdwardBaiamonte]

Consequently, he has instituted many ill-advised 'innovations' that a stockholder might view as positive

the beauty of capitalism is that the only thing stockholders view as positive is earnings!!

The 'wise' investor tries to determine whether a company has future potential. My point is that investors usually have no real clue about how to actually produce anything and what sounds to them like potiential improvements in a business are frequently smoke and mirrors.

the perfect beauty of Republican capitalism is that if investors are not wise,i.e., if they waste our capital, they lose money and disappear.

 

[Rshermr]

General blue-collar laborers deserve zero credit, for those innovations, from which they have benefited


******according to liberals this is not true, labor buys or demands innovations like cars so they are the essential part of the formula. Henry Ford is not more valuable than the guy who screws on the tires and buys the car with his paycheck.

And the ceo's and upper management deserve no credit for the production from which they benefit.

 

[EdwardBaiamonte]

And the ceo's and upper management deserve no credit for the production from which they benefit.

if this is true please say exactly why or admit as a liberal you lack the IQ to do so.

 

[Widdekind]

General blue-collar laborers deserve zero credit, for those innovations, from which they have benefited


******according to liberals this is not true, labor buys or demands innovations like cars so they are the essential part of the formula. Henry Ford is not more valuable than the guy who screws on the tires and buys the car with his paycheck.

Productive labor, earning wages, makes the markets, for innovators to sell to. Without customers, nobody could sell anything.

Yet, labor cannot take credit for those innovations -- they can value them, and buy them; or not. But, being fair, labor cannot take credit, from having worked, for the innovations of entrepreneurs thinking up better widgets & more efficient production schemes. Supposedly, everybody is allowed to work, and earn wages; and think, and (maybe) dream up new & better innovations. Ultimately, since the first 'widget' was manufactured, on earth, two-and-a-half million years ago:

every single 'widget' produced today was, once, way-back-when, somebody's bright innovative idea. So, entrepreneurism should not be under-appreciated -- over the ages, a few people here & there, now & then, have dreamed up better things, told their friends, and made everybody (on earth) better & better off. Productive labor, making markets for goods, are facilitators of innovation. But, they only earn their higher & higher wages, by being trained to use more & more advanced tools -- capital per worker translates directly into real output per worker, and so real wages per worker:

Human labor is not "the superior" of jack-hammers, cranes, bull-dozers, tanker ships, rail-roads, etc.. Human labor is only worth $20/hour when coupled with advanced technology -- in developing nations, with only wheel barrows, shovels, picks, & spades, they cannot produce enough per hour, to be worth $20/hour. Labor "should" be grateful, not Prideful, for all the accumulated human innovations on earth, over the ages, by which technology, than can be much more productive, and much more economically valuable (in terms of wages, in labor markets).