georgephillip
Diamond Member
What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
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What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
Meaningless.
Instead of whining that you don't earn enough get off your ass and improve your own economic position
If you can't see the difficulties young people face today when trying to improve their economic circumstances compared to forty years ago, you're blind.
Capitalism Versus Economic Democracy, Minimum Wage Edition - CounterPunch.org
"The labor market that emerged after NAFTA was passed had an embedded bias toward the interests of capital and away from the interests of labor.
"In market terms, it was a rigged market.
"Secondly, as economist Dean Baker has detailed, some jobs, professions and industries remain protected while workers in others were left to ‘compete’ with low-wage labor internationally. This impacted both the level of wages and the employment mix.
"Workers in protected industries benefited relative to those cast aside.
"The premise that markets determine wages begs the question of what determines markets?"
What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
Are you playing dumb, or is this the real thing?What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
Money isn't the only thing that corrupts.Where did the money that corrupted the Russian government come from?Drastic change has drastic consequences.
That the corrupt Russian government didn't control the pace of change was the problem
How The West Helped Invent Russia’s Election Fraud: OSCE Whistleblower Exposes 1996 Whitewash - By Alexander Zaitchik and Mark Ames - The eXiled
"In 1994–96, under the infamous 'loans-for-shares' program, Russia privatized 150 state-owned companies for just $12 billion, most of which was loaned to a handful of well-connected buyers by the state—and indirectly by the World Bank and the IMF.
"The principal beneficiaries of this 'privatization'—actually, cartelization—were initially just 25 or so budding oligarchs with the insider connections to buy these properties and the muscle to hold them.2"
The Curious World of Donald Trump’s Private Russian Connections - The American Interest
More whining.Meaningless.
Instead of whining that you don't earn enough get off your ass and improve your own economic position
If you can't see the difficulties young people face today when trying to improve their economic circumstances compared to forty years ago, you're blind.
Capitalism Versus Economic Democracy, Minimum Wage Edition - CounterPunch.org
"The labor market that emerged after NAFTA was passed had an embedded bias toward the interests of capital and away from the interests of labor.
"In market terms, it was a rigged market.
"Secondly, as economist Dean Baker has detailed, some jobs, professions and industries remain protected while workers in others were left to ‘compete’ with low-wage labor internationally. This impacted both the level of wages and the employment mix.
"Workers in protected industries benefited relative to those cast aside.
"The premise that markets determine wages begs the question of what determines markets?"
What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
No. It is the real thing. Don't forget this is the guy that claims China is a capitalist country - at least when he wants to claim something negative about them. When he wants to claim they are better than the US that distinction gets lost....Are you playing dumb, or is this the real thing?What does that scenario have to do with capitalism?If I trade item X for Item Y which has more value to me and you trade Item Y for item X which has more value to you then obviously there.... wait....
He's refuting your claim that capitalism is "a zero sum game".
When a small minority of individuals "own" the means of production, there is nothing voluntary about wage labor:All of them. Every single voluntary trade proves my point.
What role does deception play in capitalism?How about something statistically significant? Fraud is relatively rare in capitalism - that's why it makes headlines when it happens. You claim that capitalism depends on fraud - which idiotic. Fraud undermines capitalism.
Because capitalism and the "free market" don't exist without the state.Not really since there has never been a truly free market nor has there ever been unregulated capitalism
You obviously conflate unicorns with reality.That's the opposite of a free market. A free market depends on the mutual respect of property rights. Sounds like you're one of those folks who confuses freedom with anarchy.
When a small minority of individuals "own" the means of production, there is nothing voluntary about wage labor.All of them. Every single voluntary trade proves my point.
You obviously conflate unicorns with reality.That's the opposite of a free market. A free market depends on the mutual respect of property rights. Sounds like you're one of those folks who confuses freedom with anarchy.
Essentially, capitalism = things that are bad.
Why do you believe power should be controlled by rich people?In the US, rich people have more power than the state. T
Why do you believe power should be controlled by rich people?In the US, rich people have more power than the state. T
Cool, what’s your issue?
no rich person is controlling me.Why do you believe power should be controlled by rich people?In the US, rich people have more power than the state. T