And I would argue that all of those ghettos and projects, and abandoned neighborhoods, are not examples of Capitalism, but rather of socialism.
The most obvious being the "projects". What do you think "projects" means? It's government public housing. Well if government is running it, paying for it, controlling it.... that's not Capitalism. That's socialism.
All the 'projects' that have failed across this country, can't be blamed on capitalism, because under capitalism, they never would have existed.
Slums and ghettos in the US, I would also argue are largely due to government. One of the primary reasons people stay poor, is because government teaches them to live off government. Which again... is socialism. Not Capitalism. Capitalism, people live off their work.
Most of these slums and ghettos, the majority of the people are living off of welfare, and food stamps, and section 8 housing. In fact one of the quickest ways to create a slum, is to make the area section 8.
Back in the 90s, I worked at Wendy's, and a lady came in, and told us she had to work X number of days until she could get back on Welfare, and then she was gone. Sure enough on the day she qualified for welfare, she stopped showing up for work.
The number one way any person moves up out of poverty, is by working, which gives them experience and skills, to move up the income chain.
Quitting because you qualify for welfare, means that you never get beyond entry level. Which means you stay in poverty, and the slums, for life.
It's a system that only exists because of socialism. Socialism, literally harms everyone. Capitalism benefits everyone.
Welfare, and other government programs, not only harm the welfare recipient, but it also harms all the working people who have to pay for the welfare recipient, and not only that it also harms the fabric of society, because working people hate the lazy slob not working, and the lazy slob hates the working people.
Socialism is the socioeconomic version of cancer, that destroys everything it touches.
I don´t agree.
The most obvious being the "projects". What do you think "projects" means? It's government public housing. Well if government is running it, paying for it, controlling it.... that's not Capitalism. That's socialism.
It is capitalism. Capitalism accumulates so much wealth on a small group of people that some are unable to pay for their own livelihood and need assistance even if they have two or three jobs. If you say no we do not make projects, those people would not disappear but pose an even larger problem. Pure capitalism.
Slums and ghettos in the US, I would also argue are largely due to government. One of the primary reasons people stay poor, is because government teaches them to live off government. Which again... is socialism. Not Capitalism. Capitalism, people live off their work.
Capitalism needs rules because it would result in slavery. Ghettos are the result of capitalist slavery in America´s early years. Also, Ghettos result from a lack of government.
Most of these slums and ghettos, the majority of the people are living off of welfare, and food stamps, and section 8 housing. In fact one of the quickest ways to create a slum, is to make the area section 8.
No, not the majority. In some, maybe. Government welfare is a tool to deal with the insufficiencies of capitalism. Capitalism and civilization are opposites. This is not a plea against market economy but against the law of the jungle.
Back in the 90s, I worked at Wendy's, and a lady came in, and told us she had to work X number of days until she could get back on Welfare, and then she was gone. Sure enough on the day she qualified for welfare, she stopped showing up for work.
The number one way any person moves up out of poverty, is by working, which gives them experience and skills, to move up the income chain.
Quitting because you qualify for welfare, means that you never get beyond entry level. Which means you stay in poverty, and the slums, for life.
That smart woman knows there is no from rag to riches. Her behavior is capitalist and aims to get the most out of the least. She does what you are actually demanding.
I don´t agree.
You have the right to be wrong.
It is capitalism. Capitalism accumulates so much wealth on a small group of people that some are unable to pay for their own livelihood and need assistance even if they have two or three jobs. If you say no we do not make projects, those people would not disappear but pose an even larger problem. Pure capitalism.
Wrong. Not true.
Capitalism does not require, or cause, people to be unable to pay for their own livelihood.
What capitalism does, is allow people to make choices. In socialism, in the pre-78 China, I have to work in the rice fields for the rest of my life. I don't have a choice in the matter. Which allows you to only earn as much as me, and we all get the same wage, some shelter, same food, same life. We have no hope, and no future. We are born poor, live poor, and die poor.
But.... we have a guaranteed income.
In Capitalism, you choose what you do. If you work at Burger King until you die, flipping whoopers, then you live a meager life until you die. But you don't have to. No one has to. They can choose to do something else.
Doug McMillon current CEO of walmart, started of working in the distribution center, unloading trucks. Seasonal job, during the summer, earning a few bucks and hour, unloading trucks.
Did he stay there? No, he went to college, got a degree, learned management skills, and then applied to move up to a new position. Then a another position. And kept moving every year or two, to a new spot in the company, and now he's CEO.
And here's the real kicker of Capitalism. Everyone is a capitalist. I'm a capitalist. You are a capitalist.
The only difference between the rich capitalist, and the poor capitalist, is whether they choose to invest their money, or blow it. If you spend all your money, you'll be the poor capitalist. If you invest your money, you'll be the rich capitalist, even if you make very little relatively speaking.
Janitor secretly amassed an $8 million fortune, left most of it to library and hospital
This guy worked as a janitor his entire life. End up with $8 Million. How? Saved and invested. Real simple. He saved up money, and invested into stocks of companies he liked.
Do you know Warren Buffet got to where he is? When he was in high school, he saved up money from a paper route, and bought a pinball machine. He then placed the pinball machine in a local business where it made more money.
Anyone can be a Buffet. Anyone. It's simply that people choose not to. I have a co-worker that bought a bran new car, on 24% interest, because he just couldn't stand not having a new car any longer. He's destined to be poor.
Years and years ago, a had a roommate, that spent every single penny they earned, from Friday's check, until they were flat broke by Thursday. I tried to give some simple advice, that saving up some money would be wise, and I was told I was being 'critical' of them.
So I never said anything again. Then their alternator blew on their car, and they has absolutely no money to fix it.
This is Capitalism. They earned more money than be by far, yet they were broke, and I had cash in the bank.
Capitalism is freedom of people to make choices and reap the consequences of those choices. For me, the choice to live frugally and invest, means I have cash in the bank, and stocks in large corporations.... even though I earned just $19,000 last year.
For others, Capitalism is the freedom to blow their money on things they desire, and have no money left.
Point being, "capitalism" doesn't cause wealth to accumulated in the hands of the few. The freedom of people, causes wealth to accumulate in the hands of the few.
Socialism is simply denying people the ability to choose. When you take away choices, and make people slaves of the state, then magically everyone has the same level of wealth. Granted... an impoverished amount of wealth... but at least it's equal impoverishment... right?
Capitalism needs rules because it would result in slavery. Ghettos are the result of capitalist slavery in America´s early years. Also, Ghettos result from a lack of government.
Nah, that's garbage. It's not even logical. Many socialist systems had slaves. Soviets were massive numbers of slavers, and unlike American slave owners, literally worked them to death, some cases intentionally. So was Maoist China.
If anything, a fundamental aspect of Capitalism, is property rights. How can you ever have capitalism, if you can't own property? Well if you are slave, that undermines the core aspect of property rights. Slaves can't own other things.
So by it's nature, slavery subverts Capitalism. And that's about the only connection between capitalism and slavery.
No, not the majority. In some, maybe. Government welfare is a tool to deal with the insufficiencies of capitalism. Capitalism and civilization are opposites. This is not a plea against market economy but against the law of the jungle.
Nearly all. Not some, or even a minority. Nearly all. Hilliard is a small suburb, and even here we introduced a section 8 housing area, and already it's a disaster. Police are there all the time. The place is trashed. I'm currently supporting an effort to force the city to close the section 8, and get rid of the dope smoking hoodlums there.
I don't really care what you call it. Fact is, it causes the very thing you claim it exists to remedy.
During the welfare reform of the 1990s, the local station sent a reporter to dig up one of these people that was going to get cut off. She found some lady, and she was saying she'll have to get a job, and the reporter asked "How devastating will this be for you and your kids?"
The lady responded "Oh we'll be better off. I'll have more money for the family when I get a job"
The reporter was shocked.... stuttered a bit "Well uh... Why didn't you get a job sooner?"
"I didn't have to".
Government programs do not help people out of poverty. They keep people in poverty. You don't help anyone. You harm everyone. You harm them, by keeping them in poverty. You harm us, the people who work paying for your crappy programs. And you harm society, because we hate those lazy ticks sucking the blood out of our butts, and they hate us because living off government strips away dignity and pride of providing for ones self.
There is not one good aspect to your programs, except that it allows you to live inside the myth that you are good person because someone ELSE is paying money to the poor.
That smart woman knows there is no from rag to riches. Her behavior is capitalist and aims to get the most out of the least. She does what you are actually demanding
Completely illogical statement. In a Capitalists system of voluntary exchange, she would not be able to force others to pay for her being lazy.
You are just stupid now. You want to just make up random personal definitions of words, so you can live in the make-believe that it fits your argument?
If you can't argue logically, then you are disqualified from this discussion.