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Which private entities created money?You choose to call those "civilized," but nothing but your bias supports that definition. Money was created by private entities, and then government took it over
Government serves as a fourth factor of production.he only thing government can do is loot private wealth. It's incapable of creating its own wealth. That's all it's doing when it "provides millions of jobs."
I don't know how a capitalist firm could exist without profit.How do you imagine a firm is supposed to continue existing without making a profit?
"To see what I’m talking about, consider the differences between ... General Motors in the 1950s and 1960s, and Apple today.
"Obviously, G.M. in its heyday had a lot of market power. Nonetheless, the company’s value came largely from its productive capacity: it owned hundreds of factories and employed around 1 percent of the total nonfarm work force.
"Apple, by contrast, seems barely tethered to the material world..., it employs less than 0.05 percent of our workers. ... To a large extent, the price you pay for an iWhatever is disconnected from the cost of producing the gadget. Apple simply charges what the traffic will bear, and ... the traffic will bear a lot. ..."
Mid-April to mid-July.In the same period? You mean 6 months later?
No, Musk didn't know. He might have guessed, but he didn't know. There is no way someone can predict a market event is going to happen before it happens.
I've heard the government called many things, but never a factor of production. That is insane. How can you have a factor of production that exists because it takes productive people's resources? The money doesn't fall out of the sky. Are you one of those give everybody a government job people?Government serves as a fourth factor of production.he only thing government can do is loot private wealth. It's incapable of creating its own wealth. That's all it's doing when it "provides millions of jobs."
It doesn't aim to profit from its contributions.
Government lowers the cost of living and doing business by providing critical infrastructure like roads, bridges, courts, and schools.
Civilization does not exist without it.
Up in Arms | Michael Hudson
All those things can be provided privately, and have been.Government serves as a fourth factor of production.he only thing government can do is loot private wealth. It's incapable of creating its own wealth. That's all it's doing when it "provides millions of jobs."
It doesn't aim to profit from its contributions.
Government lowers the cost of living and doing business by providing critical infrastructure like roads, bridges, courts, and schools.
Civilization does not exist without it.
Up in Arms | Michael Hudson
Musk did not know it, moron.Mid-April to mid-July.In the same period? You mean 6 months later?
No, Musk didn't know. He might have guessed, but he didn't know. There is no way someone can predict a market event is going to happen before it happens.
All Tesla employees required to take a 10% pay cut.
Musk's fortune rises from $25 billion to $100 billion during the same time period (3 months).
He knew because he's a greedy, crony capitalist.
3 responsibilities every government has towards its citizensyour definition contains the word it is defining.
Government is the monopoly on the use of force, period.
For fuck's sake, NO! I don't want Donald Trump assuming the role of my "provider"."The concept of government as provider comes next: government as provider of goods and services that individuals cannot provide individually for themselves.
I'm convinced the manipulation you mention takes place because of the existence of vast private fortunes and not because of government.and many of those rich people and corporations have learned that manipulating regulations is very effective way of protecting their wealth. Which is why, every time you morons pass more "regulation", they smile and bend it their way, further entrenching their power and control. Yet you remain convinced that
Horseshit.3 responsibilities every government has towards its citizensyour definition contains the word it is defining.
Government is the monopoly on the use of force, period.
"The concept of government as provider comes next: government as provider of goods and services that individuals cannot provide individually for themselves.
"Government in this conception is the solution to collective action problems, the medium through which citizens create public goods that benefit everyone, but that are also subject to free-rider problems without some collective compulsion."
I wonder how long it would take before FedEx and UPS merged under such a system and began functioning as a monopoly (which appears to be the goal of most capitalists)?However, in a free market, absent the Postal Service and government interference, services like FedEx and UPS and other delivery services would likely be cheaper as they would not be legally barred from being competitive, and as prices tend to go down the freer the market
How many died today because of capitalism?Capitalism manages abundance.
Marxism mismanages scarcity.
How many died today because of capitalism?Capitalism manages abundance.
Marxism mismanages scarcity.
Post-scarcity economy - Wikipedia.
Which would choose, a pro-market ideology of fealty to rich parasites?You want to use Microsoft products without paying for them?
Right after you ask a majority of Russians if they're living better under capitalism.Ask the former citizens of the Soviet Union if they would be willing to pay for that "bit of meddling."
Which would choose, a pro-market ideology of fealty to rich parasites?You want to use Microsoft products without paying for them?
Would you say patents and copyrights represent government interference in the "free market"?Are consumers better off if Windows exists or if it doesn't exist? The latter proposition is clearly idiotic.
You asked me for a definition of "large scale agriculture."You mean agriculture run by government. You're begging the question again.
Diminishing marginal utility has been recognized for centuries:Subjects like sociology are not science at all, at least the way they are currently practiced, but economics is science. The law of marginal return is as immutable as the theory of gravity.
That doesn't change the fact today's mathematical economics is based on circular reasoning that treats all that has happened as inevitable. If it's all survival of the fittest, then there really is no alternative."external goods have a limit, like any other instrument, and all things useful are of such a nature that where there is too much of them they must either do harm, or at any rate be of no use"
