Stryder50
Platinum Member
It would take several paragraphs (pages?) to cover all the ignorance and errors you present, but I haven't time to waste on one whom doesn't appear to want to learn. Our education system should have done that but you appear to be in the majority of it's students whom were properly instructed. Nevertheless, here's a few pointers you might be able to grasp.You didn't buy that working a blue-collar job, after four years of arriving in this country with a few pennies in your pocket. That was possible when you were a young man, but not anymore.
Money is created by the government and its creation is dependent upon production. Production doesn't rely on capitalists or the rich, it relies on those who are willing to pull up their sleeves and go to work. If workers today decide to start a labor-owned cooperative, the banks and even the SBA i.e. Small Business Administration, won't finance it, even though it's proven already, that worker-owned and run enterprises are more competitive than privately owned ones. They require fewer profits to survive and compete, if any profits at all, while creating good-paying jobs with plenty of benefits.
The right-wing rhetoric against labor unions, attempting to prevent workers from organizing themselves to defend and advance their collective, mutual interests, was successful in the past, especially in the past forty years since the "trickle down" became the SOP, but the younger generation isn't buying it and good for them.
Before there can be production, there has to be the material to work with to make that production. The factory and the machinery say (a.k.a. "Capital"), and then the raw materials to shape into a product(s), which ideally have the quality and sell price to be competitive with similar made by others. It's those lazy capitalists whom put up their wealth and money to provide all that so that the worker can have a job in their factory and earn a wage for doing the labor wanted~needed. Without all that, the worker is back to being a peasant trying to scratch out a living working a plot of land,if they have such, to grow enough to hopefully feed themselves and/or their family.
That's the rough generic outline or story but it's something that has been centuries in the making working from the time humans were wandering bands wearing furs and hoping they could kill the next mastodon for dinner.
Another way to get the Capital to provide the business/factory/etc. for workers to have a job at is to form the sort of corporation that offers shares of partial ownership in what we know as stocks. The persons whom buy those shares of stocks are providing the funds (money~wealth) to get that business started and going, and able to provide jobs for those whom work for it. Those shareholders of stocks are taking a chance(risk) that their investment will not lose value, rather that the venture/business will be profitable enough to grow in value, and their shares increase in value along the way,, and also be profitable to pay dividends, a portion of the profits, to those shareholders. Also, it will take profits to pay for better machinery and more productive equipment, expand into larger and/or more facilities, and be able to offer more jobs to more workers. And another important thing from profits is the ability/resource to pay off the loans and/or shares of stock that were the original investment capital.
"good paying jobs with plenty of benefits" can only happen when a business is operating at high productivity and high profitability, and that doesn't happen when the egg first hatches. Usually takes time, good management, often lots of hard work - by owners and workers/employees, and also often a bit of luck.
Often those shares of stocks (and sometimes the bonds that some companies sell for capital) are what the mangers direct investment in for the pensions they oversee and/or those IRAs and 401Ks, etc. Anyone looking to invest towards retirement and not wanting to rely only upon the guv'mint, will use these as supplement to alternate resources. Remember, it's those holders of stocks that the company is also making profits for.
The only thing preventing you "communist front" from getting things together to start your own business and maybe grow it into something very large, profitable, and providing good paying jobs and good benefits to others is yourself. It takes some brains, a lot of guts, and a lot of work to make that happen, do you think you have any of such?