Unfettered Capitalism

[bripat9643]

Free rider problems are created by bad regulatory policy that makes it possible to ride for free. It's not a failure of markets, but a policy failure.

Free markets problems are created by bad regulatory policy?
Some members of a community fail to contribute their fair share to the costs of a shared resource sounds suspiciously like a free market failure.

"A shared resource" means a government resource. No charging what it costs to produce it is a typical government behavior. There is no mass transit system on the planet that charges enough to cover what it costs to run and maintain.

 

[georgephillip]

No one said the expenses incurred for approval were the total cost, moron.

Where did you get the idea the FDA raises the cost of each new prescription drug by $1 billion?

 

[Billy000]

Liberals love this phrase. Maybe I have a limited vocabulary, but I wasn't really sure what "fettered" meant. So I looked it up:

Any questions?

I definitely don’t need any answers from you on the subject lol

 

[basquebromance]

it used to be that if a company did well, workers did well, and vice versa.

a job is not about a paycheck, it's about DIGNITY! YOUR PLACE IN THE COMMUNITY!

 

[dblack]

it used to be that if a company did well, workers did well, and vice versa.

a job is not about a paycheck, it's about DIGNITY! YOUR PLACE IN THE COMMUNITY!

You're such a transparent troll. Do you ANY genuine convictions? Just curious.

 

[georgephillip]

Stock holders provide the capital to create the company, so how are they parasites?

That's only true for initial public offerings.
The secondary market is 99% speculation.
If I buy a new car from the factory all of my money goes to those who produce the vehicle.
If I sell that car to you a year later, all your money goes to me.

The Stock Market Is a Ponzi Scheme

 

[basquebromance]

brothers and sisters: we shouldn't just celebrate workers. we should pay them a decent wage. Trump says it's not his responsibility, what the hell is his job?

KAMALA BIDEN 2020!

 

[Toddsterpatriot]

Stock holders provide the capital to create the company, so how are they parasites?

That's only true for initial public offerings.
The secondary market is 99% speculation.
If I buy a new car from the factory all of my money goes to those who produce the vehicle.
If I sell that car to you a year later, all your money goes to me.

The Stock Market Is a Ponzi Scheme

That's only true for initial public offerings.
The secondary market is 99% speculation.

There would be many fewer IPOs if there wasn't a secondary market to trade them in.
If you had bought stock in the secondary market during your miserable life, maybe you'd be less miserable today?

But you really stuck it to the man by not playing his Ponzi game, eh comrade?

 

[Dr Grump]

This is how stupid Democrats are.

You don't want businesses to have to compete for your business. Too risky, they would take advantage of you.

So you want government to eliminate competition and force us all to have the same thing.

Talk about "unaccountable."

The funny part being you proved the point that people use terms they don't understand.

Occupied: I want ONE choice, I don't want some unaccountable choice ...

You mean the Sherman anti-Trust Act came into law due to commies? Who knew?
Talking of stupid....

 

[georgephillip]

Your complaining is boring because your solution does not address the problem.
All you want is more money per hour so the corporations will raise their prices and you''' still be at the bottom.

You're missing the shareholder bias built into today's financial statements:

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

The Divine Right of Capital by Marjorie Kelly: A Summary

 

[Indeependent]

Your complaining is boring because your solution does not address the problem.
All you want is more money per hour so the corporations will raise their prices and you''' still be at the bottom.

You're missing the shareholder bias built into today's financial statements:

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

The Divine Right of Capital by Marjorie Kelly: A Summary

I hear it's catching on.

 

[Toddsterpatriot]

Your complaining is boring because your solution does not address the problem.
All you want is more money per hour so the corporations will raise their prices and you''' still be at the bottom.

You're missing the shareholder bias built into today's financial statements:

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

The Divine Right of Capital by Marjorie Kelly: A Summary

This could be rewritten as

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

This would maximize employee income and make them assets instead of expenses.

Why would the rewrite change employee income by one cent?

Capital Income+Retained Earnings=Revenue-(Employee income+Cost of materials).

$100,000+$20,000=$200,000-($40,000+$40,000)

Rewritten as:

Employee income+Retained earnings=Revenue-(Capital income+Cost of materials)

$40,000+$20,000=$200,000-($100,000+$40,000)

Both equations balance, all the numbers are identical.

NO CHANGE!!

 

[georgephillip]

Capitalism just means economic freedom. Consumers, suppliers, employees, employers, all market participants make our own choices.

Whatever distinguishes capitalism from slavery and feudalism, markets and free enterprise are not it. Capitalism divides humanity into owners and workers.
Just as slavery and feudalism divided humans into masters and slaves, lords and serfs.
While workers have more freedom than slaves and serfs, they are still presented with the "choice" of being exploited by an owner or starving.
There is an alternative.

 

[Indeependent]

Capitalism just means economic freedom. Consumers, suppliers, employees, employers, all market participants make our own choices.

Whatever distinguishes capitalism from slavery and feudalism, markets and free enterprise are not it. Capitalism divides humanity into owners and workers.
Just as slavery and feudalism divided humans into masters and slaves, lords and serfs.
While workers have more freedom than slaves and serfs, they are still presented with the "choice" of being exploited by an owner or starving.
There is an alternative.

I suggest that the workers make sure their children study and grow up to become owners.

 

[georgephillip]

Funding the corporation isn't contributing to the company's success, Comrade? Wow, that's just stupid. You should take an economics class. It would blow your mind how stupid the shit you throw is

If I buy a hundred shares of your Microsoft holdings, how much of my money goes to the corporation?

 

[georgephillip]

That chart is just more of your empty Marxist rhetoric

Richard D. Wolff | Critics of Capitalism Must Include Its Definition

"The 20th century’s major experiments to establish socialism would have ended differently had organizers defined capitalism and socialism differently.

"Their policies might then have replaced not only private with social property and markets with central planning, but also exploitative with nonexploitative organizations of the surplus.

"As ground-level organizations, WSDEs(Worker Self-directed Enterprises) might have secured a democratic accountability of socialist governments and thereby the survival and development of socialist economies."

 

[georgephillip]

I get it you are complaining about the legal right of investors to reap the fruits of Institutional Trading.

Does it matter to you if those investors profit from dividends or capital gains? How do you feel about stock buybacks?

 

[georgephillip]

If Nassau County and/or the Town Of Hempstead owned all business, everyone not related to a politician would be on welfare.

 

[bripat9643]

Stock holders provide the capital to create the company, so how are they parasites?

That's only true for initial public offerings.
The secondary market is 99% speculation.
If I buy a new car from the factory all of my money goes to those who produce the vehicle.
If I sell that car to you a year later, all your money goes to me.

The Stock Market Is a Ponzi Scheme

Elon Musk just sold $5 billion worth of company owned stock, moron.

 

[Toddsterpatriot]

I get it you are complaining about the legal right of investors to reap the fruits of Institutional Trading.

Does it matter to you if those investors profit from dividends or capital gains? How do you feel about stock buybacks?

Does it matter to you if those investors profit from dividends or capital gains?

Long term capital gains and qualified dividends are taxed at the same rate for the recipient.

How do you feel about stock buybacks?

They reduce the number of shares outstanding and therefore increase my ownership stake.
What's not to like?