Greatest thread to human civilization : capitalist greed - Stephen Hawkin

[LogikAndReazon]

Indeed, greed for the unearned is a tragic disease....

 

[EdwardBaiamonte]

It was science and the industrial revolution which did that, not Capitalism.
.

dear, without capitalism there is no science and industrial evolution!! Red China and USSR proved that!!

 

[EdwardBaiamonte]

If your argument was true, life expectancy would be very low in Cuba , and it's almost as high as in the US.
.

100% stupid. Cuba copies western capitalist invented medicine and uses 75% of its GDP to deliver it and nothing else to its citizens most of whom live on pennies a day!!

 

[CultureCitizen]

Indeed, greed for the unearned is a tragic disease....

You mean , like the bankers getting T-Bills in exchange for their assets, which in turn translates into an increas in government debt which has to be paid by taxpayers ?
Do you mean that kind of greed? a 4 Trillion size greed ?

 

[CultureCitizen]

If your argument was true, life expectancy would be very low in Cuba , and it's almost as high as in the US.
.

100% stupid. Cuba copies western capitalist invented medicine and uses 75% of its GDP to deliver it and nothing else to its citizens most of whom live on pennies a day!!

Medicine predates capitalism Ed. Ever heard of Hippocrates?
Probably not, google it.

 

[LogikAndReazon]

Ahhh... The banking boogiemen...

Civil servant imbeciles shouldnt have given them a dime of taxpayer $

 

[EdwardBaiamonte]

Indeed, greed for the unearned is a tragic disease....

You mean , like the bankers getting T-Bills in exchange for their assets, which in turn translates into an increas in government debt which has to be paid by taxpayers ?
Do you mean that kind of greed? a 4 Trillion size greed ?

total illiterate the Fed actually made money on the exchange you describe!!

 

[EdwardBaiamonte]

Medicine predates capitalism Ed

dear, do you have any idea what subject is?? IF so why not tell us

 

[bedowin62]

Indeed, greed for the unearned is a tragic disease....

You mean , like the bankers getting T-Bills in exchange for their assets, which in turn translates into an increas in government debt which has to be paid by taxpayers ?
Do you mean that kind of greed? a 4 Trillion size greed ?

you're right; obama should have ended quantitative easing long ago

 

[EdwardBaiamonte]

Medicine predates capitalism Ed.

100% stupid it was not until the 20th Century that medicine could be helpful at all. Before that there was very very little

 

[bripat9643]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

What's going to be interesting is when machines start replacing all mid-level management jobs -- accountant, paralegal, secretary, human resource directors etc.

A machine can write a legal brief, diagnose a disease, balance the books, even hire a worker. Those jobs will soon no longer be necessary.

Computers have already replaced secretaries. They have largely replaced accountants who do nothing more than maintain the company books. Now they are mostly involved in checking the results of the company software. They are developing expert systems to diagnose diseases as we post. I think it will be long time before they can write a legal brief, however. that takes ability to think at a human level, and machines are 25 - 40 years from that.

 

[bedowin62]

people in cuba cant afford many of the things Americans destroy their bodies with

love the way smug morons make straw man arguments

 

[CultureCitizen]

Medicine predates capitalism Ed.

100% stupid it was not until the 20th Century that medicine could be helpful at all. Before that there was very very little

Ed Jenner invented the vaccines in 1776. Waaay before 20th century.

 

[EdwardBaiamonte]

Medicine predates capitalism Ed.

100% stupid it was not until the 20th Century that medicine could be helpful at all. Before that there was very very little

Ed Jenner invented the vaccines in 1776. Waaay before 20th century.

the vaccines??????????????

 

[Programmer]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

Mankind's lot prior to capitalism was pretty grim. Average life expectancy for all but the wealthy was 35 to 40. No travel, tied down to an area of around 10 square miles for your entire life. A whole litany of pains due to a work week approaching 80 hours per. No real entertainment other than fighting, screwing and the occasional wedding.

Yep, the pre capitalist life was WONDERFUL!

It was science and the industrial revolution which did that, not Capitalism.
And then the form of Capitalism that spawned the industrial revolution was merchantilism , not our current system.
If your argument was true, life expectancy would be very low in Cuba , and it's almost as high as in the US.
Now , that doesn't mean their government or economic system should be a model, I am just pointing out the flaws in your statements.

In fact modern capitalism will improve people's lot over mercantile capitalism. Asian economies lean toward mercantile capitalism at the expense of their low-wage-earning citizens.

 

[Political Junky]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

And we can legislate away our sins through fascism/socialism.

This is what they mean by our "collective salvation".

Repent sinners!! Turn from your sins and vote for Bernie or die in hell fire capitalistic global warming!!

Just out of curiosity, do left wingers baptize yet?

Fascism & Socialism are not the same.
Why is it that Fascists can't understand that?

 

[bripat9643]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

Mankind's lot prior to capitalism was pretty grim. Average life expectancy for all but the wealthy was 35 to 40. No travel, tied down to an area of around 10 square miles for your entire life. A whole litany of pains due to a work week approaching 80 hours per. No real entertainment other than fighting, screwing and the occasional wedding.

Yep, the pre capitalist life was WONDERFUL!

It was science and the industrial revolution which did that, not Capitalism.

The industrial revolution is the result of capitalism. It only happened in countries that respected the institutions of private property and free exchange of goods and services.

And then the form of Capitalism that spawned the industrial revolution was merchantilism , not our current system.

England moved away from mercantilism as capitalism progressed. Furthermore, the British Empire constituted a huge portion of the world's population encompassed withing a free trade area.

If your argument was true, life expectancy would be very low in Cuba , and it's almost as high as in the US.

Cuba benefits from the science and technology developed by capitalism. Socialist countries don't develop new drugs, surgery techniques or medical technology.

Now , that doesn't mean their government or economic system should be a model, I am just pointing out the flaws in your statements.

They're only "flaws" if you fail to consider the whole story.

 

[bedowin62]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

And we can legislate away our sins through fascism/socialism.

This is what they mean by our "collective salvation".

Repent sinners!! Turn from your sins and vote for Bernie or die in hell fire capitalistic global warming!!

Just out of curiosity, do left wingers baptize yet?

Fascism & Socialism are not the same.
Why is it that Fascists can't understand that?

because socialists/fascists only want to deny it without offering proof dummy.

for every difference you cite i'll post two similarities between socialism and fascism

 

[bripat9643]

“If machines produce everything we need, the outcome will depend on how things are distributed.” Hawking continued, “Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality."

We have been warned.

Stephen Hawking Warns About The Greatest Threat To Humanity | Zero Hedge

And we can legislate away our sins through fascism/socialism.

This is what they mean by our "collective salvation".

Repent sinners!! Turn from your sins and vote for Bernie or die in hell fire capitalistic global warming!!

Just out of curiosity, do left wingers baptize yet?

Fascism & Socialism are not the same.
Why is it that Fascists can't understand that?

They're two sides of the same coin.

Are you referring to yourself?

 

[EdwardBaiamonte]

Asian economies lean toward mercantile capitalism at the expense of their low-wage-earning citizens.

actually China just eliminated 40% of the entire planets poverty by switching to capitalism.