Wealth Tax: Yeah! Why do Warren Buffett and Bill gates need so much money in their Trust?

[Blues Man]

Not true.

Capitalism is not zero-sum when thinking of the economy as a fixed pie since the size of that pie is constantly in flux; however, capitalism is zero-sum in the sense that the wealth of one individual is not the wealth of another.

And one individual's net worth has nothing to do with your net worth.

You can raise your net worth anytime you want no one is stopping you.

 

[jc456]

By the people. Indeed. People who represent society based on rules. The demofks aren’t a government to enforce their rules. Yet, you think they are. Fk that junior

Is Trump an example of "people who represent society based on rules" or a corrupt crony capitalist who cut out the politicians?

I have no idea what this rage statement means. damn son, can't you just comment without flipping off Trump TDS?

 

[jc456]

Fk it does. It’s based on the job, the employer and what the employer will pay. Government got nothing to do with any of that.

When employers exploited child labor to maximize profits, was government wrong to outlaw child labor?

You think exactly like all conservatives; anything the rich decide to do is perfectly acceptable. IOW. you think like a slave.
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child labor and sweat shops, damn straight, that slave labor and you seem to be fine with China continuing it. says all anyone needs to know about you.

However, if a child with parental permission wishes to cut lawns for ten dollars, I'm all for it. Why are you against that?

 

[jc456]

Not true.

Capitalism is not zero-sum when thinking of the economy as a fixed pie since the size of that pie is constantly in flux; however, capitalism is zero-sum in the sense that the wealth of one individual is not the wealth of another.

And one individual's net worth has nothing to do with your net worth.

You can raise your net worth anytime you want no one is stopping you.

the dude hasn't a clue how society functions.

 

[jc456]

Blah, Blah, Blah--tell that to the banks in the Cayman Islands or Switzerland. Why do you think they flag ships in little shit hole countries?

Because rich people bribe Republicans and Democrats for the laws and institutions they require to flag ships in rich ***** countries.

yep and how are you going to stop them with laws in the US?

Or is it smarter to bring their money into the country, use it to create jobs and the people who make that money pay taxes? I'll never figure ignorant fks like you out.

 

[jc456]

Oh and for you namsie pamsie demofks, A wealth tax already exists, it's called capital gains tax. read about it. fk the amount of stupid that flows out of a demofk is truly remarkable.

 

[dblack]

Where, some private industry is allowed to exist, the ones the State allows, so long as they are only working to advance the goals the State wants

Have you noticed how that seems to be working better for the Chinese than "free market" capitalism is working here?

How about the command economy in the US during WWII compared to today's Wall Street directed economy?

It works well for the Chinese elite, not the average Chinese person, or anyone attempting to build a large business without major connections.

The interesting thing is how the CCP is now blatantly about protecting the wealth and privilege of its members - at the expense of the serfs. Tell us more about how awesome China is, george! Maybe we can talk about how well they handled COVID-19.

If you don't like the American system's corruption, the last place you should admire is China, because it's basically what would happen here if we took corporatism even further but had a dictator controlling everything at the top.

Ayup.

 

[georgephillip]

No...the cost of education has gone up because of government interference ...... the government runs the loan program, the democrat party controlled education industry raises the prices.

The profit motive explains why educational costs continue to rise regardless of which political party holds power.

The Gipper did it

"Ronald Reagan, as governor of California, long ago promoted the idea that education is a private good.

"At a press conference on February 28, 1967, then governor Reagan told a crowd that taxpayers should not be subsidizing intellectual curiosity.

"So slowly but surely, the government started reducing funding for higher education.

"In recent years, public funding has continued to decline.

"As of 2016, funding for public two- and four-year colleges was nearly ten billion dollars less than just prior to the Great Recession that began in 2008.

"From 2008 until the fall of 2012, public funding for higher education declined by roughly 14.5 percent."

 

[beagle9]

Completely incorrect. Certainly under Capitalism, we have owners, and employees, but under Capitalism, there are no barriers to become an owner. An employee can become an owner, they can own their own property, and the fruits of their labor.

That's true since there is no legal prohibition preventing a worker from becoming an owner or shareholder. Ethical inhibitions from becoming rich by exploiting the labor of others present other problems.

No one's labor is exploited.

Every employee enters an employment contract by choice for an agreed upon wage.

If an employee is dissatisfied with the arrangement between him and his employer he can terminate that agreement at any time.

This is true, but the question also is this, do employers understand the geographical structure of the community in which it finds to operate in, and in this understanding can there be found the urges or tendencies (by some companies), to exploit the strained and hungry labor forces, otherwise knowing that they are just desperate enough to capitulate, and then obey to the point of becoming almost slaves to the system if the much needed competition in the area is few and far between ????

What about when the illegals were being worked in direct competition with Americans, and then they were winning out because they were illegal and cheap ??

Alot of bad things have went on in the past, and it's not so easily forgotten about.

 

[beagle9]

No...the cost of education has gone up because of government interference ...... the government runs the loan program, the democrat party controlled education industry raises the prices.

The profit motive explains why educational costs continue to rise regardless of which political party holds power.

The Gipper did it

"Ronald Reagan, as governor of California, long ago promoted the idea that education is a private good.

"At a press conference on February 28, 1967, then governor Reagan told a crowd that taxpayers should not be subsidizing intellectual curiosity.

"So slowly but surely, the government started reducing funding for higher education.

"In recent years, public funding has continued to decline.

"As of 2016, funding for public two- and four-year colleges was nearly ten billion dollars less than just prior to the Great Recession that began in 2008.

"From 2008 until the fall of 2012, public funding for higher education declined by roughly 14.5 percent."

Taxpayers not getting their monies worth anymore, so why pump money into something that is harming American minds instead of helping them ??? The proof is out there, and the college kids not being able to critically think anymore, much less showing any respect towards those who are responsible for trying to help them is shocking to say the least.

 

[georgephillip]

Or.....you make the tax rate so low that simply paying it is cheaper than trying to protect it.........

Another option would be to tax the richest one percent at levels sufficient to fund IRS enforcement at levels last seen when Ike was POTUS. Imagine what would change if anyone convicted of tax evasion received a mandatory sentence of 25 years to life with the understanding anyone convicted would not become eligible for her first parole hearing until serving 25 years behind bars.

 

[georgephillip]

Well yes, thankfully we have a Govt that allows individuals to be able to own property, and work.....the alternative is being slaves to the state.

I believe we have a government controlled by an economic system (capitalism) that elevates property rights over human rights. That means shareholders of a corporation who contribute absolutely nothing to what's produced are afforded greater consideration than the workers who are responsible for production. Personally, I worry more about Americans becoming slaves to the corporation.

 

[dblack]

Well yes, thankfully we have a Govt that allows individuals to be able to own property, and work.....the alternative is being slaves to the state.

I believe we have a government controlled by an economic system (capitalism) that elevates property rights over human rights.

Well, property is the ultimate human right - starting with self-ownership. But besides that this is an excellent way to characterize a free market society. Government is controlled by, and services the interest of, the people (the economic system). Not the other way around.

 

[georgephillip]

Your cartoon makes no sense....why would a consumer jump over the cliff? Because of capitalism, consumers have choices on where to purchase products and services, if the person providing those, doesn't do a good job, the consumer will go somewhere else, where they are treated better

You're confusing "free market" capitalism with consumer capitalism:

"Consumer capitalism is a theoretical economic and social political condition in which consumer demand is manipulated in a deliberate and coordinated way on a very large scale through mass-marketing techniques, to the advantage of sellers."

Consumer capitalism

 

[struth]

Well yes, thankfully we have a Govt that allows individuals to be able to own property, and work.....the alternative is being slaves to the state.

I believe we have a government controlled by an economic system (capitalism) that elevates property rights over human rights. That means shareholders of a corporation who contribute absolutely nothing to what's produced are afforded greater consideration than the workers who are responsible for production. Personally, I worry more about Americans becoming slaves to the corporation.

Well shareholders provide capital.....they invest. They own part of the company....and if it's publicly traded, it's open to any person to own a part...even the employees...employees are greatly valued because without them there is nothing to sell on the market.

Yes, the Govt should be, and doing all it can to ensure the economy is doing well...and property rights, is a human right...a basic human right....and Govt should encourage property rights

 

[struth]

Your cartoon makes no sense....why would a consumer jump over the cliff? Because of capitalism, consumers have choices on where to purchase products and services, if the person providing those, doesn't do a good job, the consumer will go somewhere else, where they are treated better

You're confusing "free market" capitalism with consumer capitalism:

"Consumer capitalism is a theoretical economic and social political condition in which consumer demand is manipulated in a deliberate and coordinated way on a very large scale through mass-marketing techniques, to the advantage of sellers."

Consumer capitalism

We have a free market system....consumer capitalism is up the individual, certainly businesses try to practice that...and we are seeing more and more of that in the tech age, with Facebook, Amazon etc using search history etc....but they won't be regulated to any sort of degree, not now, since they are big donors to the DNC, who's running the Federal Govt

 

[georgephillip]

Redistribution has done more to lift hundreds of million into poverty and despair than any other system in the history of mankind

What has advertising contributed?

Consumer capitalism

"In 1919 Edward Bernays began his career as the 'father of public relations' and successfully applied the developing principles of psychology, sociology and motivational research to manipulate public opinion in favor of products like cigarettes, soap, and Calvin Coolidge.

"New techniques of mechanical reproduction developed in these decades improved the channels of mass-market communication and its manipulative power.

"This development was described as early as the 1920s by Walter Benjamin and related members of the Frankfurt School, who foresaw the commercial, societal and political implications"

Bernays was Freud's nephew and read his uncle's work before they were translated into English. He was also instrumental into leading this country into

 

[dblack]

Redistribution has done more to lift hundreds of million into poverty and despair than any other system in the history of mankind

What has advertising contributed?

Consumer capitalism

"In 1919 Edward Bernays began his career as the 'father of public relations' and successfully applied the developing principles of psychology, sociology and motivational research to manipulate public opinion in favor of products like cigarettes, soap, and Calvin Coolidge.

"New techniques of mechanical reproduction developed in these decades improved the channels of mass-market communication and its manipulative power.

"This development was described as early as the 1920s by Walter Benjamin and related members of the Frankfurt School, who foresaw the commercial, societal and political implications"

Bernays was Freud's nephew and read his uncle's work before they were translated into English. He was also instrumental into leading this country into

 

[jc456]

Well yes, thankfully we have a Govt that allows individuals to be able to own property, and work.....the alternative is being slaves to the state.

I believe we have a government controlled by an economic system (capitalism) that elevates property rights over human rights. That means shareholders of a corporation who contribute absolutely nothing to what's produced are afforded greater consideration than the workers who are responsible for production. Personally, I worry more about Americans becoming slaves to the corporation.

What the fk are you babbling about?

son, learn you some economics

 

[WTH_Progs?]

We will need to pay off debt somehow.

We need to stop spending---------making billionaires and politicians richer.

So soon, Xiden was just appointed?