This is why capitalism is broken

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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
 

PredFan

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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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
more irrelevant babbling in your part.
 

anynameyouwish

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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!

Capitalism would be great if the people making the rules weren't so greedy...

UNfettered (or loosely fettered) capitalism seems to result in unscrupulous, greedy people taking way too much and leaving far too little for everyone else.


a GREAT Capitalistic system would be one in which the money was spread around enough so that EVERYONE could afford decent housing, plenty of food, entertainment...

Pizza joints won't go out of business if everyone can afford to buy pizza

The economy runs so much better when more people have money to buy
 

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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
more irrelevant babbling in your part.
nobody takes right wingers seriously about the law or economics.
 

PredFan

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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!

Capitalism would be great if the people making the rules weren't so greedy...

UNfettered (or loosely fettered) capitalism seems to result in unscrupulous, greedy people taking way too much and leaving far too little for everyone else.


a GREAT Capitalistic system would be one in which the money was spread around enough so that EVERYONE could afford decent housing, plenty of food, entertainment...

Pizza joints won't go out of business if everyone can afford to buy pizza

The economy runs so much better when more people have money to buy
TRANSLATION: Capitalism would be great if it was socialism.
 

PredFan

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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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
more irrelevant babbling in your part.
nobody takes right wingers seriously about the law or economics.
no one takes YOU seriously.
 

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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
more irrelevant babbling in your part.
nobody takes right wingers seriously about the law or economics.
no one takes YOU seriously.
You have no questions or valid arguments. Why should I take y'all seriously?
 

PredFan

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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!
The workers are not entitled to any share of the profits. That’s not broken it’s just not communist.
Congress is delegated the social Power to fix Standards for the Union; minimum wage laws are one such Standard.
more irrelevant babbling in your part.
nobody takes right wingers seriously about the law or economics.
no one takes YOU seriously.
You have no questions or valid arguments. Why should I take y'all seriously?
See what I mean?
 

ralfy

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Actually, that's how capitalism works, and has been in place since the early part of the previous century: keep wages as low as possible but make sure that workers are more productive, then offer them layaway plans to buy more.
 

danielpalos

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Actually, that's how capitalism works, and has been in place since the early part of the previous century: keep wages as low as possible but make sure that workers are more productive, then offer them layaway plans to buy more.
Only for the Poor but not the Rich?

From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.--https://www.epi.org/publication/ceo-compensation-2018/
 

danielpalos

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From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure),
Liar.
Some CEO compensation grew by that much. Labor as a whole had relatively stagnant wages.
Some CEO compensation grew by that much.

Durr.
The Whole not merely a part of Labor had relatively stagnant wages while some CEOs were getting richer than most.
 

Monk-Eye

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" Insufficient Capacity "

* Where Is The Proof *


Has anyone wondered why the socialist have not started businesses from the ground up " for the people " and live up to their standard of ideals for worker compensation and egalitarian distribution of wealth and earnings ?

The socialists exploit discontent and defeatism through populism to promote permanent revolution for the overthrow and replacement of capitalism and bourgeiosie with collective ownership but seem to ignore how supply and demand fit into the equation after the hierarchy of success or failure in free enterprise is replaced with the hierarchy of bureaucracy where only bureaucrats have any semblance of wealth or liberty .
 

danielpalos

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" Insufficient Capacity "

* Where Is The Proof *


Has anyone wondered why the socialist have not started businesses from the ground up " for the people " and live up to their standard of ideals for worker compensation and egalitarian distribution of wealth and earnings ?

The socialists exploit discontent and defeatism through populism to promote permanent revolution for the overthrow and replacement of capitalism and bourgeiosie with collective ownership but seem to ignore how supply and demand fit into the equation after the hierarchy of success or failure in free enterprise is replaced with the hierarchy of bureaucracy where only bureaucrats have any semblance of wealth or liberty .
The right wing is worse.
 

Monk-Eye

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" Deflection And Pretending To Offer Cogent Arguments "

* Typical Nonsense Responses *

The right wing is worse.
Has anyone wondered why the socialists have not started businesses from the ground up " for the people " and live up to their standard of ideals for worker compensation and egalitarian distribution of wealth and earnings ?
 

danielpalos

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" Deflection And Pretending To Offer Cogent Arguments "

* Typical Nonsense Responses *

The right wing is worse.
Has anyone wondered why the socialists have not started businesses from the ground up " for the people " and live up to their standard of ideals for worker compensation and egalitarian distribution of wealth and earnings ?
Did you miss the command economics of WWII mobilization and the full employment that was achieved? FDR's brand of socialism is what turned our relative third world economy into a first world economy. Nobody trusted or trusts Capitalism to do that even now.
 

Monk-Eye

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" Prime Time Free Enterprise Demanding Necessities Of National Defense "

* Promoting Versus Commanding America First *

Did you miss the command economics of WWII mobilization and the full employment that was achieved? FDR's brand of socialism is what turned our relative third world economy into a first world economy. Nobody trusted or trusts Capitalism to do that even now.
You are alluding to investments in infrastructure so that america remains globally competitive that is a common theme in American School (economics) - Wikipedia , which is not socialism in the sense of Trotskyism - Wikipedia , which is the aim of the challenge presented by the original question .

Contrary to the stereotype of a wartime "command economy," there was a remarkable entrepreneurial spirit in sharp contrast to the situation in Germany or in socialist, centrally planned economies. Roosevelt brought in dozens of top business executives as "dollar-a-year" men to help run the government commissions so that businesses didn't feel the government was simply telling them what to do. He allowed business to realize profits. He used government to create markets and to help business set up new plants and equipment, which business often leased and later bought cheaply after the war.

In sum, one almost totally forgotten lesson of the war is that deep government involvement doesn't have to mean a command economy. Despite the mobilization, large segments of the economy were unaffected by the controls. No one was told where to move or work. Production for the government was still freely entered into by producers and government in a contractual arrangement; and business ar- gued about those contracts all the time. Private property remained predominant throughout the country and still there were profits. In the World War II experience, the things we revere about capitalism the parts that spur energy, efficiency, and entrepreneurial skill were still in place. What the war did was tap that energy, not constrain it.
 

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