This is why capitalism is broken

occupied

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
 

Gdjjr

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Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
History might disagree with you- can you say 1776, for the many years, prior to non-virtuous men selling their collective souls to the devil?
 

Gdjjr

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IMNSHO, the last virtuous man in the District of Criminals


Crockett was then the lion of Washington. I was a great admirer of his character, and, having several friends who were intimate with him, I found no difficulty in making his acquaintance. I was fascinated with him, and he seemed to take a fancy to me. I was one day in the lobby of the House of Representatives when a bill was taken up appropriating money for the benefit of a widow of a distinguished naval officer. It seemed to be that everybody favored it. The Speaker was just about to put the question when Crockett arose. Everybody expected, of course, that he was going to make a speech in support of the bill. He commenced:
 

Soupnazi630

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
Wrong.

Corporations or the wealthy in general do in fact try to influence government as do religious groups and poor people and many others.

Control of government as you say is NOT necessary for capitalism.

There is no such thing as unfair exploitation. Exploitation is normal and universal in any and alll economic systems. It is either voliuntary or not and under capitalism it is voluntary. Under any other system it is involuntary and forced
 

alang1216

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
Capitalism is the most efficient economic system for generating wealth but there have always been, and always will be, winners and losers. Capitalism depends on a free market to work well and that is the problem. Everyone wants a free market when they start their business since they require access to everything, goods, services, labor, etc. However, once they succeed, the free market is not in their interest since it encourages additional competition. They prefer a monopoly or government restrictions to limit competition and their money gives them the power to influence both.

Labor should also be free. Things like unions shouldn't be needed if labor was truly free to move but like monopolies, they impede the free movement. Their jobs offer benefits beyond salary, healthcare for example, that are not readily available on the open market. Pensions are another thing that used to keep workers tied to employers. To truly help workers we need to separate the benefits from the jobs and things like universal healthcare would be a good step in that direction.
 

occupied

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
Wrong.

Corporations or the wealthy in general do in fact try to influence government as do religious groups and poor people and many others.

Control of government as you say is NOT necessary for capitalism.

There is no such thing as unfair exploitation. Exploitation is normal and universal in any and alll economic systems. It is either voliuntary or not and under capitalism it is voluntary. Under any other system it is involuntary and forced
You never know what you'll do until you do what you do when you're broke. You'll take that crappy dead-end job and work yourself to death in it because the alternative is rapid homelessness. Low paying jobs are a deliberate trap and it has never been otherwise. The government even abets this coercive system by subsidizing low wages with food stamps and other assistance.
 

Soupnazi630

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
Wrong.

Corporations or the wealthy in general do in fact try to influence government as do religious groups and poor people and many others.

Control of government as you say is NOT necessary for capitalism.

There is no such thing as unfair exploitation. Exploitation is normal and universal in any and alll economic systems. It is either voliuntary or not and under capitalism it is voluntary. Under any other system it is involuntary and forced
You never know what you'll do until you do what you do when you're broke. You'll take that crappy dead-end job and work yourself to death in it because the alternative is rapid homelessness. Low paying jobs are a deliberate trap and it has never been otherwise. The government even abets this coercive system by subsidizing low wages with food stamps and other assistance.
Wrong.

Low paying jobs are meant to be a stepping stoneand anyone motivated to find a better job does
 

occupied

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The failure of capital growth to trickle down to the working class has been a problem for so long we think that's how it should be.
Our "system" is Keynesean theory for a Monarchy, i.e., top down (gov't being the top) spending and credit- borrow to spend- capitalism is a misnomer in our context, although that's what you've been told we have- capitalism is merely a tool to set a value on goods and services, between the transactors- typically, the market influences the value of either. In our borrow to spend, from the top down policy, humans mandate the market cost of currency, (capital) called interest rates-
Capitalism as practiced anywhere must include a large measure of corporate control over government economic and labor policy. Capitalism cannot exist without a complicit government that sets the maximum allowable level of unfair exploitation of labor and resources and otherwise keeps the rabble in line and productive.
Wrong.

Corporations or the wealthy in general do in fact try to influence government as do religious groups and poor people and many others.

Control of government as you say is NOT necessary for capitalism.

There is no such thing as unfair exploitation. Exploitation is normal and universal in any and alll economic systems. It is either voliuntary or not and under capitalism it is voluntary. Under any other system it is involuntary and forced
You never know what you'll do until you do what you do when you're broke. You'll take that crappy dead-end job and work yourself to death in it because the alternative is rapid homelessness. Low paying jobs are a deliberate trap and it has never been otherwise. The government even abets this coercive system by subsidizing low wages with food stamps and other assistance.
Wrong.

Low paying jobs are meant to be a stepping stoneand anyone motivated to find a better job does
People just say that like there are better jobs for the taking. A better job often means moving out of the Hooterville rural nowhere where you live and moving to the city. I live in such a place. The people with ambition are long gone while the local economy is full of low energy dumbasses toiling away their lives for a seasonal tourist industry.
 

Godboy

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Frontline workers at 13 of the 20 top U.S. retail companies — including Walmart, Amazon, Kroger, among others — saw an average pay increase of just $1.11 an hour, or 10%, a new analysis by the Brookings Institution found. At the same time, those companies' profits increased 39% year over year, while their stock prices went up by an average of 33%.

“Compared to the windfall profits we've seen at the very big companies, by and large, their workers have seen very little of that actual profits,” Molly Kinder, a fellow at Brookings and author of the report, told Yahoo Money. “This is on top of wages that are often so low, they’re poverty wages. And these jobs, of course, are terribly risky.”

What’s even more bizarre about this, to me, is that impoverished republican voters are okay with this. Big Business can do no wrong!
It works a fuck of a lot better than any system you left wing loons can come up with.
 

gipper

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There isn't a single person in the US (who isn't incarcerated) working a job involuntarily.

If you're working a job for less than you feel you are worth, that makes you a fool.
Well here is some simple logic for you. You ready? It is mathematically impossible for every or even most of these low wage workers to get a better paying job. Why? Because they don’t fucking exist. You do get that right? Higher paying jobs are few and far between.
If you have the skills the jobs are out there (hardly a week goes by without a headhunter calling me). If you don't have the skills that is on you.
It’s all about you, right?

In your deluded world everyone must have skills, and those without, well fuck them.
 

harmonica

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Frontline workers at 13 of the 20 top U.S. retail companies — including Walmart, Amazon, Kroger, among others — saw an average pay increase of just $1.11 an hour, or 10%, a new analysis by the Brookings Institution found. At the same time, those companies' profits increased 39% year over year, while their stock prices went up by an average of 33%.

“Compared to the windfall profits we've seen at the very big companies, by and large, their workers have seen very little of that actual profits,” Molly Kinder, a fellow at Brookings and author of the report, told Yahoo Money. “This is on top of wages that are often so low, they’re poverty wages. And these jobs, of course, are terribly risky.”

What’s even more bizarre about this, to me, is that impoverished republican voters are okay with this. Big Business can do no wrong!
North Korea
East Germany
Cuba
USSR
 

alang1216

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There isn't a single person in the US (who isn't incarcerated) working a job involuntarily.

If you're working a job for less than you feel you are worth, that makes you a fool.
Well here is some simple logic for you. You ready? It is mathematically impossible for every or even most of these low wage workers to get a better paying job. Why? Because they don’t fucking exist. You do get that right? Higher paying jobs are few and far between.
If you have the skills the jobs are out there (hardly a week goes by without a headhunter calling me). If you don't have the skills that is on you.
It’s all about you, right?

In your deluded world everyone must have skills, and those without, well fuck them.
Isn't that a tad hypocritical coming from a Libertarian/Anarchist?
 

danielpalos

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There isn't a single person in the US (who isn't incarcerated) working a job involuntarily.

If you're working a job for less than you feel you are worth, that makes you a fool.
Right wingers seem to be fools or Russian tools. Stop complaining about Taxes, right wingers. Nobody is making you work to pay taxes. If you feel you are paying too much in taxes, you must not be making enough. Find a better job. It really is that easy according to right wingers.
 

danielpalos

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Frontline workers at 13 of the 20 top U.S. retail companies — including Walmart, Amazon, Kroger, among others — saw an average pay increase of just $1.11 an hour, or 10%, a new analysis by the Brookings Institution found. At the same time, those companies' profits increased 39% year over year, while their stock prices went up by an average of 33%.

“Compared to the windfall profits we've seen at the very big companies, by and large, their workers have seen very little of that actual profits,” Molly Kinder, a fellow at Brookings and author of the report, told Yahoo Money. “This is on top of wages that are often so low, they’re poverty wages. And these jobs, of course, are terribly risky.”

What’s even more bizarre about this, to me, is that impoverished republican voters are okay with this. Big Business can do no wrong!
Hey asshole, all the big corporations backed your guy, Beijing Biden. Dems are locking down businesses, putting them out of business and putting many out of work. But Amazon profits are up ten fold.

So enjoy your new America, where giant multinational corporations make bank and the middle class disappears.
Thank goodness the democrats are for increasing the statutory minimum wage because rich Capitalists won't raise wages on their own capitalist initiative.
 

danielpalos

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average pay increase of just $1.11 an hour,
And that will go down if Beijing Biden is sworn in. He’s already promised millions of new third world immigrants, which will drive down wages for Americans. So what the fuck are you complaining about? You voted for this shit.
Raise the minimum wage. No problem for democrats.
 

theHawk

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bripat9643

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There isn't a single person in the US (who isn't incarcerated) working a job involuntarily.

If you're working a job for less than you feel you are worth, that makes you a fool.
Well here is some simple logic for you. You ready? It is mathematically impossible for every or even most of these low wage workers to get a better paying job. Why? Because they don’t fucking exist. You do get that right? Higher paying jobs are few and far between.
Prove it.
 

bripat9643

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BrokeLoser

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Frontline workers at 13 of the 20 top U.S. retail companies — including Walmart, Amazon, Kroger, among others — saw an average pay increase of just $1.11 an hour, or 10%, a new analysis by the Brookings Institution found. At the same time, those companies' profits increased 39% year over year, while their stock prices went up by an average of 33%.

“Compared to the windfall profits we've seen at the very big companies, by and large, their workers have seen very little of that actual profits,” Molly Kinder, a fellow at Brookings and author of the report, told Yahoo Money. “This is on top of wages that are often so low, they’re poverty wages. And these jobs, of course, are terribly risky.”

What’s even more bizarre about this, to me, is that impoverished republican voters are okay with this. Big Business can do no wrong!
Is this another one of those ‘give me free shit, I need free shit’ threads not so cleverly disguised as something about evil capitalism?
 

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