Unfettered Capitalism

[dblack]

They contribute their cash, dumbass. The corporation wouldn't exist without their investment. The only thing workers contribute is brute labor.

Workers also contribute their intellect, not that you would know much about that part. Shareholders contribute cash to the corporation in an IPO offering. If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

Workers get paid! It seems you don't know about that part.

The socialist literature on capitalism doesn't really get into details.

 

[georgephillip]

Congestion is never a problem under communism, eh comrade?

Can you say that in Mandarin?

The World's Worst Traffic Jams, Ever

 

[georgephillip]

Traffic congestion is a "market failure" when the government designs and builds all the roads?

Who sells all the cars, Clown?

 

[dblack]

Traffic congestion is a "market failure" when the government designs and builds all the roads?

Who sells all the cars, Clown?

That doesn't really make any sense. Try again.

 

[Dr Grump]

And that's the problem. Trump has smeared the concepts of liberty and limited government to such a degree that people actually think socialism is a good alternative.

I think people get mixed up with what socialism is. There are no purely socialist countries in Western Europe (although the severe right in the US is always claiming thus). I don't know of any socialist countries per se. Do some of those countries have what might be considered some socialist constructs? Sure, where it matters - unions and everybody having access to health care. Nothing wrong with that is there?

 

[Dr Grump]

Really? Do you want everything subject to a vote? Do you want everything to be up for grabs with every single election?

Well, we live in different parts of the world and we are used to what we are used to. I think the Swiss hold referendums on a lot of their legislation that gets passed. Don't see them going down the gurgler any time soon. Isn't everything up for grabs in every election anyway? The House and Senate are up for grabs every two years even though - depending on the year - a lot of those seats are not up for reelection.

 

[dblack]

And that's the problem. Trump has smeared the concepts of liberty and limited government to such a degree that people actually think socialism is a good alternative.

I think people get mixed up with what socialism is.

Yeah. I'm just going by what they say - democratic control of both society and the economy - ie everything. Majority rule seems to me like a sledge hammer, and usually not necessary.

 

[dblack]

Isn't everything up for grabs in every election anyway?

Well, that's the whole point of Constitutionally limited government - to set limits on what IS up for grabs. Lots of you don't like limits on government power, and strive to remove them - so, here we are.

 

[Dr Grump]

Yeah. I'm just going by what they say - democratic control of both society and the economy - ie everything. Majority rule seems to me like a sledge hammer, and usually not necessary.

I guess part of the problem is that those with all the money don't trust government (and rightly so in some cases) on how they spend money. Then there are those that don't trust the rich to do the right, moral thing - ie there would be no need for the Erin Brokovich's of the world. Govts - time and time again have proven they can't be trusted. As have a lot of rich people running multi-national companies.

 

[Dr Grump]

Isn't everything up for grabs in every election anyway?

Well, that's the whole point of Constitutionally limited government - to set limits on what IS up for grabs. Lots of you don't like limits on government power, and strive to remove them - so, here we are.

You might appreciate this. One of my favourite diatribes on tax by the late Kerry Packer who at the time was the richest man in Australia. Check the last thing he says. Too true I say.

Kerry Packer's approach to tax

Kerry Packer's responses during a 1991 federal investigation into the print media industry show he believed Australian who didn't minimise their tax needed 'their heads read'.

www.smh.com.au

 

[Toddsterpatriot]

They contribute their cash, dumbass. The corporation wouldn't exist without their investment. The only thing workers contribute is brute labor.

Workers also contribute their intellect, not that you would know much about that part. Shareholders contribute cash to the corporation in an IPO offering. If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

If I buy one hundred Microsoft shares from you, how much of my money goes to the corporation?

If an original shareholder sells his shares, the new owner doesn't count? Why not?

 

[Toddsterpatriot]

Congestion is never a problem under communism, eh comrade?

Can you say that in Mandarin?

The World's Worst Traffic Jams, Ever

No, silly, communism is North Korea, where only the top party officials have cars.
Or East Germany, where you paid for your Trabant and waited 10 years to take delivery.
Or Venezuela, where the country with the largest oil reserves in the world can't supply
enough gasoline for their people.

 

[Dr Grump]

No, silly, communism is North Korea, where only the top party officials have cars.
Or East Germany, where you paid for your Trabant and waited 10 years to take delivery.
Or Venezuela, where the country with the largest oil reserves in the world can't supply
enough gasoline for their people.

None of those countries are communist. Well, they're communist in the same way the Democratic Republic of Korea is democratic...if you get my drift.

 

[Mac1958]

The socialists owe the ignorant GOP faux capitalists a huge Thank You card for so badly misapplying capitalism:

‘A tale of 2 recessions’: As rich Americans get richer, the bottom half struggles

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7.

www.politico.com

The result is a splintered economic picture characterized by high highs — the stock market has hit record levels — and incongruous low lows: Nearly 30 million Americans are receiving unemployment benefits, and the jobless rate stands at 8.4 percent. And that dichotomy, economists fear, could obscure the need for an additional economic stimulus that most say is sorely needed.

The trend is on track to exacerbate dramatic wealth and income gaps in the U.S., where divides are already wider than any other nation in the G-7, a group of major developed countries. Spiraling inequality can also contribute to political and financial instability, fuel social unrest and extend any economic recession.

Your link:

"The growing divide could also have damaging implications for President Donald Trump's reelection bid.

"Economic downturns historically have been harmful if not fatal for incumbent presidents, and Trump's base of working-class, blue-collar voters in the Midwest are among the demographics hurting the most.

"The White House has worked to highlight a rapid economic recovery as a primary reason to reelect the president, but his support on the issue is slipping: Nearly 3 in 5 people say the economy is on the wrong track, a recent Reuters/Ipsos poll found."

Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.

 

[georgephillip]

Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.

35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

Biden gets Clyburn endorsement before Saturday's primary

 

[Mac1958]

Whether it's in four months or four years, Trump is leaving behind an absolute mess. And yet, he could very well still win. The Democrats are taking advantage of the ugliness, ignorance and arrogance of the Trump administration by running a historically weak candidate.

35 years ago Biden and Trump polled in the 1%-2% range when they indicated a desire to become POTUS, so it's almost impossible for me to understand how we came to 2020's "choice."

It is interesting (at least) to note how southern Democrats continue their historic role in shaping Democratic politics?

Biden gets Clyburn endorsement before Saturday's primary

Well, this certainly stinks of the DNC. They're convinced that Bernie can't win (who knows) and they've completely failed in elevating better candidates.

I'm seeing a lot of anger on the hard Left, so much so that they're trying to form a "People's Party", which could take away votes from Biden.

Interesting that the RNC lost control of its process and Trump got through, whereas the DNC still clearly has a pretty tight grip on the party.

 

[georgephillip]

"Traffic congestion" is a feature of government roads. You have never heard of toll roads, have you dumbass?

Toll roads raise the cost of living and doing business.
Public roads do not.

 

[georgephillip]

Well, this certainly stinks of the DNC. They're convinced that Bernie can't win (who knows) and they've completely failed in elevating better candidates.

I'm seeing a lot of anger on the hard Left, so much so that they're trying to form a "People's Party", which could take away votes from Biden.

I think a great deal of the anger on the left stems from elite Democrats who revealed where their loyalty lies in a match up between Bernie and Trump?

Goldman’s Blankfein Says He Might Back Trump Over Sanders

"Former Goldman Sachs CEO Lloyd Blankfein may be a Democrat, but he says he’d probably back President Donald Trump over Bernie Sanders in November.

"'There’s a long time between now and then,' he told the Financial Times. 'The Democrats would be working very hard to find someone who is as divisive as Trump. But with Bernie they would have succeeded.'"

 

[Mac1958]

Well, this certainly stinks of the DNC. They're convinced that Bernie can't win (who knows) and they've completely failed in elevating better candidates.

I'm seeing a lot of anger on the hard Left, so much so that they're trying to form a "People's Party", which could take away votes from Biden.

I think a great deal of the anger on the left stems from elite Democrats who revealed where their loyalty lies in a match up between Bernie and Trump?

Goldman’s Blankfein Says He Might Back Trump Over Sanders

"Former Goldman Sachs CEO Lloyd Blankfein may be a Democrat, but he says he’d probably back President Donald Trump over Bernie Sanders in November.

"'There’s a long time between now and then,' he told the Financial Times. 'The Democrats would be working very hard to find someone who is as divisive as Trump. But with Bernie they would have succeeded.'"

The first thing that entered my mind when Trump won -- well, after the shock wore off -- was the concern that the Left's response to his win would be to go too far in the opposite direction. There are several Democrats on Wall Street, including Blankfein and JPM's Jamie Dimon, who are horrified at what has become of their party. I'm in the same profession and the same boat. I could never support Trumpism, but it will be really fucking tough when I'm voting for Biden. I'd much rather vote third party, but...

 

[georgephillip]

That's a total load of horseshit. Your cite is obviously just another leftwing propaganda organ.

You need to pull your head out of Trump's ass:

Big pharma is taking big money from U.S. taxpayers to find a coronavirus vaccine — and charge whatever they want for it

"Since the start of the race for a COVID-19 vaccine, the U.S. government has funneled more than $10 billion in taxpayer dollars to pharmaceutical companies through contracts for the expedited innovation of a vaccine.

"So far, the government’s investment has been made with no strings attached, not even a guarantee that any vaccines and treatments will be affordable to the people who need them."