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..
That's a fantasy and illusion. Fact is, America is one of the
least economically mobile countries in the world. Meaning that it's more likely you will be able to move between classes in Holland or France than here in the US. You believe in a fantasy because fantasy thinking is all you can do.
From Seattle Times:
The shocking decline in American economic mobility
April 27, 2017
Flying under the radar is a recent study from Stanford University economist Raj Chetty and colleagues showing that the economic mobility in the United States has been nearly cut in half since 1940.
...
Meanwhile, a new Pew Research Center study found that from 1991 to 2010 the middle class shrank more in the United States than in seven Western European nations. In four, including the Netherlands and France, the middle class grew. The decline here was from 62 percent of households to 59 percent.
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?
I bolded the relevant part of these paragraphs because the data shows that it's the case here in the US too. Economic immobility in the US is as bad as it's been since the 1920's.
Pew did an
economic mobility survey to examine the very claim you're alleging, and their findings were...not good:
Today there is more inter-generational social mobility in Europe than in the United States, contrary to the American myth that the United States is still the world’s No. 1 land of opportunity. The Economic Mobility Project of Pew Charitable Trusts has shown that children are far less likely to rise above the socio-economic levels of their parents in the U.S. than are those in Britain, Canada and Australia, as well as Germany, France and the Nordic nations. The American South, with the lowest rates of intergenerational social mobility in the U.S., clearly skews the national statistics, creating an embarrassing and depressing version of American exceptionalism.
Why is it that nearly everything you say is objectively wrong? How could someone be so wrong, so often?
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.
No, government and capitalism work in tandem. Without the infrastructure government provides, capitalism cannot thrive. Without the thriving of capitalism, government cannot fund the infrastructure necessary for capitalism to thrive. They rely on each other. It's an
equal partnership. You are just a very juvenile and uneducated slovenly loon.
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.
So again, you don't seem to understand how productivity is measured. You think only in terms of service because that's probably the only experience you have when it comes to labor; service jobs.
And I'm sure your experience servicing others is quite extensive, unfortunately it's not a viewpoint that makes sense when discussing a larger economy. Value is subjective, productivity is not. You seem to want to interchange value with productivity and you do that because you have no knowledge of economics or the metrics by which it's measured. If there was no minimum wage, would wages go up or down?
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.
Again...a very juvenile, crackerjack, bullshit understanding of economics. Supply and demand in the
labor market is different than supply and demand in the
consumer market. Yes, if there is demand for labor, wages go up. Unfortunately, the demand for labor is for skilled and trained labor, mostly requiring college degrees. Now, who are the people who oppose free public colleges where people can be trained to fill the demand in the labor market?
You. Who are the people who oppose Pell Grants and want to limit student loans?
You. So you tell people that in order to get more money, they have to get educated and trained, but you also tell them that you're not going to fund the institutions that can educate and train them, and that borrowing money to get education and training is stupid, and that college isn't necessary. So you exercise the
worst kind of cognitive dissonance, and you do that for no other reason than because you're a piece of shit.
And what about the people who cannot afford education and training that you say they should get if they want more money? They are supposed to do what? Be born into a life of poverty and never rise out of it -but hey ho!- according to you, that's something that is easily achievable in America. The problem is that it's not and instead of you admitting that your belief system is wrong, you instead excuse it by placing the blame on those whom you've set a nearly impossible standard to reach; getting educated without going into debt to earn more money that would be used to pay for education, which you say they need but cannot afford.
So your argument is still that circle-jerk;
you complain about the very thing you are actively perpetuating.
et 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.
Childish. I go to the vendor who is going to do the best job, so I don't have to keep going back. Typically, the vendor that pays its workers the best is going to result in the best work. Quality over quantity; a concept you seem unfamiliar with.