LOL! Rah-rah Trumpanzee.
Capitalism didn't end slavery.
Capitalism didn't end WWII.
Capitalism didn't end the Great Depression.
Capitalism didn't build the middle class.
Capitalism didn't put us on the moon.
Capitalism didn't give everyone the right to vote.
Capitalism didn't give anyone free speech.
Capitalism didn't give us Civil Rights.
Capitalism didn't give us a 5 day, 40 hour work week with vacation time.
Capitalism did give us slavery, Jim Crow, segregation, economic collapses, bailouts, wealth disparity, income gaps,
Yes, capitalism has led to innovation, but so has government. One cannot exist without the other; they are intrinsically linked. You have a very juvenile view of economics, and that much is clear from your shitty posts that are devoid of thought.
Capitalism is why people came to this country in the fist place; a country where work and investment pays off, a country where the sky is the limit, a country where a person can work hard, start their own business, and realize the American dream one day.
It's still very much that way. People don't try to get in to this country because of the scenery, they come here to take advantage of opportunities they didn't have in their countries. In some places, if you are born poor, that's the way you will die no matter how hard you try to escape poverty. In this country, escaping poverty is much more likely than other places.
That's what capitalism has done, and capitalism isn't limited to the government or the wealthy. Everybody can participate if they choose. And if you decide you want to remain poor, what other country would you rather be poor in than the United States of America?
Capitalism brought us the people who created all those big tall buildings in downtown areas. Capitalism brought us millions of jobs for working folks. Capitalism is responsible for the tax collections by our government since it's the wealthy that pays all the income tax in this country.
The problem is that you just admitted that it's not even about the value I create because a business is just going to find the cheapest labor possible. That's what you said. Again, you have a very lazy view of things.
Correct, that's exactly what I said. If you have value, there are less people like you than those that have little value.
If you stock shelves, make french fries, sweep floors, those are talentless jobs that anybody can do. It's why they pay so little.
If you learn a trade like an electrician, a carpenter, a welder, there are less people who can do your job, and therefore, less people that your employer can find to replace you. Supply and Demand dictates that the less supply, the higher the price, so in order to replace you, he has to offer more money than his floor sweeper.
If you go to college and become an engineer, a doctor, a pharmacist, there are much fewer people that can do your job, and supply and demand once again determines your wage.
Now if you go to college and get educated in a field where there are no or little jobs, your pay will not be very rewarding. Too much supply and too little demand. It doesn't matter how good your grades were, how hard you studied, how much debt you accumulated, what matters is if you chose a field where you are always in demand.
No.
This is how you determine an employees' worth. It's measured by output per unit of input. Output isn't determinant on the wage of the worker. So your crackerjack understanding of employment barely goes surface deep. It's like you're making this shit up as you go.
Let me ask: do you overpay people that work for you? If your transmission needs to be rebuilt and you get three estimates, do you choose the highest one? Or if you need a lawn care company, do you choose the company that will cut your lawn for $35.00 a cut or the company that charges $50.00 a cut?
Businesses are no different than you or I. We all look to get work done for the lowest price possible. Provided the quality of work is equal, you (and businesses) always choose the lowest priced labor.