Top 8% Own 85%

[Andylusion]

No, you're a leftist moron

Oh really? How do you know this?

Because you always post leftist. I mean duh

Really? I guess you didn't look at my post history.

Yes, I read every post you ever wrote and it turns out you didn't clearly address the question. So you're going to have to do that now or admit you lied about it. Careful on your answer, I cataloged every post you've written and I'll know within seven minutes if you're lying about what you posted.

Moron

Well in this thread I'm clearly not pro immigration. What side does that fall on? I'm also pro good capitalism. Have you seen my posts on children and this ridiculous transgender fantasy?

Yeah, apparently your idea of "good capitalism" is government forcing companies to pay you more. That's not Capitalism. That's socialism, or crony capitalism at best.

Capitalism, is you are not entitled to JACK. Capitalism is, if you want a higher paying job, it's up to you to call another company and apply for that job, not the Companies job to call you. And that's exactly what the whole thing you just whined about, was about.

 

[Brain357]

Not wrong? You are not a capitalist. Holding down wages through collusion is against the market.

Not wrong. There is nothing wrong with saying "we're not going to poach each others employees". Nothing wrong with that. Period. End of story.

You are not capitalist. Capitalism means THEY own THEIR company, not you. You don't get to dictate how they run THEIR company, not yours. I am more capitalist than you are on this issue. You are SOCIALIST, trying to demand how they operate is SOCIALIST.

That is some impressive stupidity. Please link to any economist that says colluding to hold down wages is good capitalism.

All I have to do is read a dictionary. Capitalism is PRIVATE ownership and control. Socialism is government or social control.

When you are telling me, that we should dictate wages to a private company, which is that? Private control? Or social Control?

Use a dictionary.

You really don't understand capitalism at all do you? It isn't dictated. It is determined by the labor market. Collusion is going against the market and against capitalism.

Understanding Capitalism Part III: Wages and Labor Markets

No, it's not. Not in this specific case that you are talking about. Apple and Google, and the others, did NOT attempt to control wages. They couldn't even if they tried. But that's beside the fact they were not even talking about that.

This specific discussion is about Apple and Google agreeing to not directly attempt to contact (cold-calling) high level employees of each others companies.

It made no reference to Apple and Google offering higher paying positions and if those employees applied for such jobs, offering them.

A Google employee could apply for a higher paying job at Apple, and easily get it.

This entire cry fest, is you complaining that Apple didn't specifically seek out Google Engineers, and trying to convince them to quit.

You are basically saying Apple should be "required" to target Google Engineers and offering them higher paying jobs? You are not entitled to that, anymore than I am entitled to you offering me $100 to mow your lawn. Why are you not offering me a higher paying job? Are you in collusion against higher wages? Are you anti-Capitalist?

Do you not see how absolutely MORONIC that line of thinking is? Because that's the line of thinking you are pushing right now. It is STUPID.

Poaching increases wages. Colluding to not poach holds wages down. That is why it is illegal. That is why they had to pay out 415 million. Go learn about the labor market. Moronic is you claiming colluding is good capitalism.

 

[Brain357]

Oh really? How do you know this?

Because you always post leftist. I mean duh

Really? I guess you didn't look at my post history.

Yes, I read every post you ever wrote and it turns out you didn't clearly address the question. So you're going to have to do that now or admit you lied about it. Careful on your answer, I cataloged every post you've written and I'll know within seven minutes if you're lying about what you posted.

Moron

Well in this thread I'm clearly not pro immigration. What side does that fall on? I'm also pro good capitalism. Have you seen my posts on children and this ridiculous transgender fantasy?

Yeah, apparently your idea of "good capitalism" is government forcing companies to pay you more. That's not Capitalism. That's socialism, or crony capitalism at best.

Capitalism, is you are not entitled to JACK. Capitalism is, if you want a higher paying job, it's up to you to call another company and apply for that job, not the Companies job to call you. And that's exactly what the whole thing you just whined about, was about.

Seriously read up on capitalism. You are an embarrassment.

 

[Rambunctious]

If you don't think the system is rigged, you are not thinking.

There is no such thing as a non rigged system. The direction of the rigging is all that ever changes. It's either rigged towards this or rigged towards that but it is always rigged and someone always gets screwed except the riggers. The very people we put in power are the riggers. Direct the blame properly.

 

[Brain357]

Oh really? How do you know this?

Because you always post leftist. I mean duh

Really? I guess you didn't look at my post history.

Yes, I read every post you ever wrote and it turns out you didn't clearly address the question. So you're going to have to do that now or admit you lied about it. Careful on your answer, I cataloged every post you've written and I'll know within seven minutes if you're lying about what you posted.

Moron

Well in this thread I'm clearly not pro immigration. What side does that fall on? I'm also pro good capitalism. Have you seen my posts on children and this ridiculous transgender fantasy?

Yeah, apparently your idea of "good capitalism" is government forcing companies to pay you more. That's not Capitalism. That's socialism, or crony capitalism at best.

Capitalism, is you are not entitled to JACK. Capitalism is, if you want a higher paying job, it's up to you to call another company and apply for that job, not the Companies job to call you. And that's exactly what the whole thing you just whined about, was about.

Economists disagree with you. Heck anyone who understands capitalism disagrees with you:
Joseph Harrington, Wharton professor of business economics and public policy, describes a no poaching agreement as “an unreasonable restraint of trade” and thus a violation of Section 1 of the Sherman Antitrust Act of 1890. “In terms of suppressing competition, companies agreeing not to compete for each other’s employees is the same as companies agreeing not to compete for each other’s customers,” says Harrington. “In the latter case, it results in customers paying higher prices because of the lack of competition, and in the former case it results in workers receiving lower wages because of the lack of competition.”
Silicon Valley’s No-poaching Case: The Growing Debate over Employee Mobility - Knowledge@Wharton

 

[RandallFlagg]

This is really screwed up...and we Americans fight among ourselves over stupid things. All the while the elites are screwing us. When will we wake up and take action?


The Panama Papers offer damning proof of this: increasing concentrations of wealth and power that are free of any constraint (such as taxes) is not just the consequence of centralized money and state power--this inequality is the only possible output of centralized money and state power.

Here is a graphic portrayal of just how concentrated global wealth really is: the top .7% (less than 1%) own 45% of all global wealth, and the top 8% own 85%.

Of Two Minds - The Panama Papers: This Is the Consequence of Centralized Money and Power

I understand (but don't agree with) your anger. Check the facts here. There have been 10 times as many billionaires created under this president than all the president's before him. FACT. I wouldn't be too concerned, however. The end is near.

 

[Brain357]

Oh really? How do you know this?

Because you always post leftist. I mean duh

Really? I guess you didn't look at my post history.

Yes, I read every post you ever wrote and it turns out you didn't clearly address the question. So you're going to have to do that now or admit you lied about it. Careful on your answer, I cataloged every post you've written and I'll know within seven minutes if you're lying about what you posted.

Moron

Well in this thread I'm clearly not pro immigration. What side does that fall on? I'm also pro good capitalism. Have you seen my posts on children and this ridiculous transgender fantasy?

Yeah, apparently your idea of "good capitalism" is government forcing companies to pay you more. That's not Capitalism. That's socialism, or crony capitalism at best.

Capitalism, is you are not entitled to JACK. Capitalism is, if you want a higher paying job, it's up to you to call another company and apply for that job, not the Companies job to call you. And that's exactly what the whole thing you just whined about, was about.

According to Peter Cappelli, Wharton management professor and director of Wharton’s Center for Human Resources, it is hard to imagine any situation where no-poaching pacts can be fair to employees. “That’s one of the reasons it is illegal,” he says, adding that they violate both anti-trust principles and employment laws. “It benefits the companies at the expense of their employees. Companies could achieve the same results by making it attractive enough for employees not to leave.”

Wharton management professor Matthew Bidwell says anti-poaching agreements clearly restrict employee mobility. “When companies collude, it raises their power in the market at the expense of other people,” he says. “In this case, by colluding not to hire each other’s employees, [these companies] are restricting those employees’ opportunities to find jobs elsewhere.”

 

[RandallFlagg]

I came across this quite by accident the other evening and it intrigued me. It's hard to watch (a lot of boring details) and the speaker is as dry as you would figure that an economist would be... but it sort of hit a nerve with me. Watch if you like (or don't) but I have a gut feeling that the guy is right...

 

[Skull Pilot]

and FYI that larger settlement which the judge had no right to impose was still lees than a drop of piss in the ocean for those 4 companies who are worth over 1.3 trillion collectively and the people who said they were injured proved that they only thought their "injuries" were only worth a couple grand

This was a bullshit laws suit and you want to claim it as some sort of gigantic victory

But those companies just got some big write offs and we all know how much that frosts your ass

Well we have learned you support collusion and bad capitalism.

We have stagnant wages and the rich collude to hold them down. Glad the DOJ caught them in this case. Hope they catch more soon.

If businesses want to enter non compete agreements I have no problem with that
Any of those employees were free to quit one job and take another job even with the companies with non competes the only thing is that the companies and only 4 companies agreed not to actively recruit each other's employees

Shit there are 4 other businesses just like mine in a 10 mile radius from me I don't actively recruit their employees so I suppose you think I am holding down wages

It was a bullshit claim and you have not shown me how much anyone's income was affected because none of them were

 

[Skull Pilot]

Not wrong. There is nothing wrong with saying "we're not going to poach each others employees". Nothing wrong with that. Period. End of story.

You are not capitalist. Capitalism means THEY own THEIR company, not you. You don't get to dictate how they run THEIR company, not yours. I am more capitalist than you are on this issue. You are SOCIALIST, trying to demand how they operate is SOCIALIST.

That is some impressive stupidity. Please link to any economist that says colluding to hold down wages is good capitalism.

All I have to do is read a dictionary. Capitalism is PRIVATE ownership and control. Socialism is government or social control.

When you are telling me, that we should dictate wages to a private company, which is that? Private control? Or social Control?

Use a dictionary.

You really don't understand capitalism at all do you? It isn't dictated. It is determined by the labor market. Collusion is going against the market and against capitalism.

Understanding Capitalism Part III: Wages and Labor Markets

No, it's not. Not in this specific case that you are talking about. Apple and Google, and the others, did NOT attempt to control wages. They couldn't even if they tried. But that's beside the fact they were not even talking about that.

This specific discussion is about Apple and Google agreeing to not directly attempt to contact (cold-calling) high level employees of each others companies.

It made no reference to Apple and Google offering higher paying positions and if those employees applied for such jobs, offering them.

A Google employee could apply for a higher paying job at Apple, and easily get it.

This entire cry fest, is you complaining that Apple didn't specifically seek out Google Engineers, and trying to convince them to quit.

You are basically saying Apple should be "required" to target Google Engineers and offering them higher paying jobs? You are not entitled to that, anymore than I am entitled to you offering me $100 to mow your lawn. Why are you not offering me a higher paying job? Are you in collusion against higher wages? Are you anti-Capitalist?

Do you not see how absolutely MORONIC that line of thinking is? Because that's the line of thinking you are pushing right now. It is STUPID.

Poaching increases wages. Colluding to not poach holds wages down. That is why it is illegal. That is why they had to pay out 415 million. Go learn about the labor market. Moronic is you claiming colluding is good capitalism.

And it is not required of any business to poach another's employees
These people could have gotten higher paying jobs at the tens of thousands of IT companies in this country

And the plaintiffs settled for a few grand each because they knew that's all they were going to get so by settling for so little they actually tell you how much their incomes were affected basically not at all because any of those whiners could have earned a couple grand over the years it took to settle the case driving part time for Uber

 

[Brain357]

That is some impressive stupidity. Please link to any economist that says colluding to hold down wages is good capitalism.

All I have to do is read a dictionary. Capitalism is PRIVATE ownership and control. Socialism is government or social control.

When you are telling me, that we should dictate wages to a private company, which is that? Private control? Or social Control?

Use a dictionary.

You really don't understand capitalism at all do you? It isn't dictated. It is determined by the labor market. Collusion is going against the market and against capitalism.

Understanding Capitalism Part III: Wages and Labor Markets

No, it's not. Not in this specific case that you are talking about. Apple and Google, and the others, did NOT attempt to control wages. They couldn't even if they tried. But that's beside the fact they were not even talking about that.

This specific discussion is about Apple and Google agreeing to not directly attempt to contact (cold-calling) high level employees of each others companies.

It made no reference to Apple and Google offering higher paying positions and if those employees applied for such jobs, offering them.

A Google employee could apply for a higher paying job at Apple, and easily get it.

This entire cry fest, is you complaining that Apple didn't specifically seek out Google Engineers, and trying to convince them to quit.

You are basically saying Apple should be "required" to target Google Engineers and offering them higher paying jobs? You are not entitled to that, anymore than I am entitled to you offering me $100 to mow your lawn. Why are you not offering me a higher paying job? Are you in collusion against higher wages? Are you anti-Capitalist?

Do you not see how absolutely MORONIC that line of thinking is? Because that's the line of thinking you are pushing right now. It is STUPID.

Poaching increases wages. Colluding to not poach holds wages down. That is why it is illegal. That is why they had to pay out 415 million. Go learn about the labor market. Moronic is you claiming colluding is good capitalism.

And it is not required of any business to poach another's employees
These people could have gotten higher paying jobs at the tens of thousands of IT companies in this country

And the plaintiffs settled for a few grand each because they knew that's all they were going to get so by settling for so little they actually tell you how much their incomes were affected basically not at all because any of those whiners could have earned a couple grand over the years it took to settle the case driving part time for Uber

You keep claiming it is little. It was over 400 million, that is the largest one I have seen. Unless you can give examples of bigger ones it was not small.

 

[Brain357]

and FYI that larger settlement which the judge had no right to impose was still lees than a drop of piss in the ocean for those 4 companies who are worth over 1.3 trillion collectively and the people who said they were injured proved that they only thought their "injuries" were only worth a couple grand

This was a bullshit laws suit and you want to claim it as some sort of gigantic victory

But those companies just got some big write offs and we all know how much that frosts your ass

Well we have learned you support collusion and bad capitalism.

We have stagnant wages and the rich collude to hold them down. Glad the DOJ caught them in this case. Hope they catch more soon.

If businesses want to enter non compete agreements I have no problem with that
Any of those employees were free to quit one job and take another job even with the companies with non competes the only thing is that the companies and only 4 companies agreed not to actively recruit each other's employees

Shit there are 4 other businesses just like mine in a 10 mile radius from me I don't actively recruit their employees so I suppose you think I am holding down wages

It was a bullshit claim and you have not shown me how much anyone's income was affected because none of them were

As I posted, economists disagree with you.

 

[tyroneweaver]

Interesting Bono said before congress yesterday that capitalism lifts people out of poverty not a hand out.

 

[Wilbur Right]

I cataloged every post you've written and I'll know within seven minutes if you're lying about what you posted.

For all your supposed education and accomplishment, seems like you have to.much time on your hands.

And why 7 minutes? Why not 6? Or 8?

Do like I do. I figure that every post I see of your contains either a lie by omission. Or just a flat out lie.

That only takes me about 15 seconds.

Why you so slow. Is your hard drive, much like your brain, full of Bullshit? Try a reboot.
LMAO.

 

[Skull Pilot]

All I have to do is read a dictionary. Capitalism is PRIVATE ownership and control. Socialism is government or social control.

When you are telling me, that we should dictate wages to a private company, which is that? Private control? Or social Control?

Use a dictionary.

You really don't understand capitalism at all do you? It isn't dictated. It is determined by the labor market. Collusion is going against the market and against capitalism.

Understanding Capitalism Part III: Wages and Labor Markets

No, it's not. Not in this specific case that you are talking about. Apple and Google, and the others, did NOT attempt to control wages. They couldn't even if they tried. But that's beside the fact they were not even talking about that.

This specific discussion is about Apple and Google agreeing to not directly attempt to contact (cold-calling) high level employees of each others companies.

It made no reference to Apple and Google offering higher paying positions and if those employees applied for such jobs, offering them.

A Google employee could apply for a higher paying job at Apple, and easily get it.

This entire cry fest, is you complaining that Apple didn't specifically seek out Google Engineers, and trying to convince them to quit.

You are basically saying Apple should be "required" to target Google Engineers and offering them higher paying jobs? You are not entitled to that, anymore than I am entitled to you offering me $100 to mow your lawn. Why are you not offering me a higher paying job? Are you in collusion against higher wages? Are you anti-Capitalist?

Do you not see how absolutely MORONIC that line of thinking is? Because that's the line of thinking you are pushing right now. It is STUPID.

Poaching increases wages. Colluding to not poach holds wages down. That is why it is illegal. That is why they had to pay out 415 million. Go learn about the labor market. Moronic is you claiming colluding is good capitalism.

And it is not required of any business to poach another's employees
These people could have gotten higher paying jobs at the tens of thousands of IT companies in this country

And the plaintiffs settled for a few grand each because they knew that's all they were going to get so by settling for so little they actually tell you how much their incomes were affected basically not at all because any of those whiners could have earned a couple grand over the years it took to settle the case driving part time for Uber

You keep claiming it is little. It was over 400 million, that is the largest one I have seen. Unless you can give examples of bigger ones it was not small.

And the companies are worth over 1.3 TRILLION

the settlement split over those 4 companies is nothing to them and besides they get to write off the entire settlement AND their lawyers fees

you obviously have no grasp on proportion

And you have yet to tell me why all those people named in the suit agreed to a payout of a few grand each if their lives were so ruined by wage suppression as you say they were

 

[Skull Pilot]

and FYI that larger settlement which the judge had no right to impose was still lees than a drop of piss in the ocean for those 4 companies who are worth over 1.3 trillion collectively and the people who said they were injured proved that they only thought their "injuries" were only worth a couple grand

This was a bullshit laws suit and you want to claim it as some sort of gigantic victory

But those companies just got some big write offs and we all know how much that frosts your ass

Well we have learned you support collusion and bad capitalism.

We have stagnant wages and the rich collude to hold them down. Glad the DOJ caught them in this case. Hope they catch more soon.

If businesses want to enter non compete agreements I have no problem with that
Any of those employees were free to quit one job and take another job even with the companies with non competes the only thing is that the companies and only 4 companies agreed not to actively recruit each other's employees

Shit there are 4 other businesses just like mine in a 10 mile radius from me I don't actively recruit their employees so I suppose you think I am holding down wages

It was a bullshit claim and you have not shown me how much anyone's income was affected because none of them were

As I posted, economists disagree with you.

So what? Unlike you I can think for myself

 

[Wilbur Right]

So what? Unlike you I can think for myself

That is so cool. Unfortunately your "thinking for yourself" has put you seriously out of touch with reality.

But who gives a flying fuck. Reality is overrated anyway. Right?

 

[Brain357]

You really don't understand capitalism at all do you? It isn't dictated. It is determined by the labor market. Collusion is going against the market and against capitalism.

Understanding Capitalism Part III: Wages and Labor Markets

No, it's not. Not in this specific case that you are talking about. Apple and Google, and the others, did NOT attempt to control wages. They couldn't even if they tried. But that's beside the fact they were not even talking about that.

This specific discussion is about Apple and Google agreeing to not directly attempt to contact (cold-calling) high level employees of each others companies.

It made no reference to Apple and Google offering higher paying positions and if those employees applied for such jobs, offering them.

A Google employee could apply for a higher paying job at Apple, and easily get it.

This entire cry fest, is you complaining that Apple didn't specifically seek out Google Engineers, and trying to convince them to quit.

You are basically saying Apple should be "required" to target Google Engineers and offering them higher paying jobs? You are not entitled to that, anymore than I am entitled to you offering me $100 to mow your lawn. Why are you not offering me a higher paying job? Are you in collusion against higher wages? Are you anti-Capitalist?

Do you not see how absolutely MORONIC that line of thinking is? Because that's the line of thinking you are pushing right now. It is STUPID.

Poaching increases wages. Colluding to not poach holds wages down. That is why it is illegal. That is why they had to pay out 415 million. Go learn about the labor market. Moronic is you claiming colluding is good capitalism.

And it is not required of any business to poach another's employees
These people could have gotten higher paying jobs at the tens of thousands of IT companies in this country

And the plaintiffs settled for a few grand each because they knew that's all they were going to get so by settling for so little they actually tell you how much their incomes were affected basically not at all because any of those whiners could have earned a couple grand over the years it took to settle the case driving part time for Uber

You keep claiming it is little. It was over 400 million, that is the largest one I have seen. Unless you can give examples of bigger ones it was not small.

And the companies are worth over 1.3 TRILLION

the settlement split over those 4 companies is nothing to them and besides they get to write off the entire settlement AND their lawyers fees

you obviously have no grasp on proportion

And you have yet to tell me why all those people named in the suit agreed to a payout of a few grand each if their lives were so ruined by wage suppression as you say they were

Again it was over 400 million. You need to show that was a small settlement. Largest one I have heard of.

 

[Skull Pilot]

So what? Unlike you I can think for myself

That is so cool. Unfortunately your "thinking for yourself" has put you seriously out of touch with reality.

But who gives a flying fuck. Reality is overrated anyway. Right?

The reality is none of those people came up with a concrete dollar amount of the wages they allegedly lost and they settles for a few grand each so they basically admitted that a few grand was the extent of their loss

So really this "collusion" didn't hurt them at all

 

[Brain357]

and FYI that larger settlement which the judge had no right to impose was still lees than a drop of piss in the ocean for those 4 companies who are worth over 1.3 trillion collectively and the people who said they were injured proved that they only thought their "injuries" were only worth a couple grand

This was a bullshit laws suit and you want to claim it as some sort of gigantic victory

But those companies just got some big write offs and we all know how much that frosts your ass

Well we have learned you support collusion and bad capitalism.

We have stagnant wages and the rich collude to hold them down. Glad the DOJ caught them in this case. Hope they catch more soon.

If businesses want to enter non compete agreements I have no problem with that
Any of those employees were free to quit one job and take another job even with the companies with non competes the only thing is that the companies and only 4 companies agreed not to actively recruit each other's employees

Shit there are 4 other businesses just like mine in a 10 mile radius from me I don't actively recruit their employees so I suppose you think I am holding down wages

It was a bullshit claim and you have not shown me how much anyone's income was affected because none of them were

As I posted, economists disagree with you.

So what? Unlike you I can think for myself

And you think like a moron. You are wrong and don't even understand capitalism. You are just another idiot on the internet who can't back up any of your claims.