What does that scenario have to do with capitalism?
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Wealth Tax: Yeah! Why do Warren Buffett and Bill gates need so much money in their Trust?
- Thread starter CrusaderFrank
- Start date
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?"
EPI-whiney twats.
Counterpunch-commie twats.
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....
Kinda the whole point.
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".
Blues Man
Diamond Member
- Aug 28, 2016
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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
Blues Man
Diamond Member
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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?"
I never said the market determines wages. Anyone can improve their financial position any time they want.
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".
Essentially, capitalism = things that are bad.
Poisonous snakes in your house are capitalists
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.
Criticism of capitalism - Wikipedia
"Similarities between wage labor and slavery were noted as early as Cicero in Ancient Rome, such as in De Officiis.[196]
"With the advent of the Industrial Revolution, thinkers such as Pierre-Joseph Proudhon and Karl Marx elaborated the comparison between wage labor and slavery in the context of a critique of societal property not intended for active personal use[12] while Luddites emphasized the dehumanisation brought about by machines.
"Before the American Civil War, Southern defenders of African American slavery invoked the concept of wage slavery to favorably compare the condition of their slaves to workers in the North.[citation needed]
"The United States abolished slavery during the Civil War, but labor union activists found the metaphor useful.
"According to Lawrence Glickman, in the Gilded Age 'references abounded in the labor press, and it is hard to find a speech by a labour leader without the phrase'."
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.
Capitalism and Fraud | Capitalism in Crisis with Jim Sawyer
"Capitalism and Fraud
"Fraud’s on the rise in American capitalism, politics and culture.
"It occurs when a 'sucker' is tricked, duped or hustled into acting against their best interest.
"Deception always plays a part.
"Here’s four alleged frauds, drawn from the news on a single day, the last day of Summer, 2020"
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
The Great Transformation (book) - Wikipedia
"Polanyi contends that the modern market economy and the modern nation-state should be understood not as discrete elements but as the single human invention he calls the 'Market Society'."
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.
Like unicorns, the 'free market' doesn't exist | Climate & Capitalism
Free market - Wikipedia
"In economics, a free market is a system in which the prices for goods and services are self-regulated by buyers and sellers negotiating in an open market. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, and from all forms of economic privilege, monopolies and artificial scarcities."
How does a free market exist without any intervention by a government?
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.
This is simply, and demonstrably, untrue. I've never been conscripted into a job and I don't know anyone who has. If there IS an "employer" forcing people to work against their will, that would be slavery. Real slavery, not the "wage slave" nonsense.
To call wage labor "slavery", one has to imagine a kind of slavery where the slaves can "run away" whenever they feel like it. How would that work?
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.
Diversion all you got?
Essentially, capitalism = things that are bad.
Yeah. I got the memo. Usually it distills to "freedom bad, mkay?"
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
Because it's the will of the people. And I say that without sarcasm or irony. Unless the "rich person" in question has perpetrated fraud, or committed other crimes, to acquire their wealth, the wealth they have acquired was given to them, voluntarily - because people valued whatever it was they were selling.
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Cool, what’s your issue?
Blues Man
Diamond Member
- Aug 28, 2016
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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
Look if I can go from living on the streets as a teenager to building a business and retiring at age 51 anyone can.
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