Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
It works well for the Chinese elite, not the average Chinese person, or anyone attempting to build a large business without major connections.Have you noticed how that seems to be working better for the Chinese than "free market" capitalism is working here?Where, some private industry is allowed to exist, the ones the State allows, so long as they are only working to advance the goals the State wants
How about the command economy in the US during WWII compared to today's Wall Street directed economy?
Why don't we tax millionaires according to how they earn their money? Is there some reason why those parasites who earn millions by strangling the productive economy and consumers in endless coils of debt should not be taxed into extinction?Right! Why don't we tax millionaires to working class status, Komrade?!
They suck the wealth that rightfully belongs to the Proletariat! We need Socialist Progressive Leaders to right this abortion!!Why don't we tax millionaires according to how they earn their money? Is there some reason why those parasites who earn millions by strangling the productive economy and consumers in endless coils of debt should not be taxed into extinction?Right! Why don't we tax millionaires to working class status, Komrade?!
America’s Path To A FIRE Economy
Capitalism is not zero-sum when thinking of the economy as a fixed pie since the size of that pie is constantly in flux; however, capitalism is zero-sum in the sense that the wealth of one individual is not the wealth of another.Not true.
How do consumers voluntarily give their money when they are dealing with contracts of deliberately dense legalese so convoluted that even law school professors are unable to understand it?How is it contrived? If they are defrauding people, we should nail them for it. If people are voluntarily giving them their money - it's none of our fucking business.
... capitalism is zero-sum in the sense that the wealth of one individual is not the wealth of another.
How do consumers voluntarily give their money when they are dealing with contracts of deliberately dense legalese so convoluted that even law school professors are unable to understand it?How is it contrived? If they are defrauding people, we should nail them for it. If people are voluntarily giving them their money - it's none of our fucking business.
How would you rate Jeff Bezos's effectiveness at distributing Amazon revenues to his 1.2 million employees? How many new Amazon millionaires would be created if Jeff distributed 90% of his net worth to those who produce it?It's not a question of what anyone "deserves".
It's a question of useful allocation of resources. Billionaires, unless they are defrauding people or stealing, are allocated vasts somes of wealth because they are good at allocating it effectively
Do you think the billionaires on Wall Street do "smart things" with the money they allocate? When the Federal Reserve actually buys junk bonds, does this effectively kill the pricing mechanism of Wall Street?We give them lots of money because they do smart things with it, things that society wants and needs. Otherwise society would not assign them so much wealth.
I want to use democratic means to force government to allocate wealth in ways that don't produce a few vast fortunes while leaving millions in poverty. Billionaires have used government to obtain the laws and institutions that made their exploitation legal, and I would use government to remedy the inequities.What you want to do is intervene and "correct" society's allocation of wealth via force. That's immoral and impractical.
Does Amazon have a profit sharing program ?? And if so, does it drop below management levels ??? Most companies have incentives and profit sharing that usually stops at management levels, and by this it really is an incentive to work employees that are barely above the poverty lines, otherwise by using all sorts of tactics that are incentivised through management perks to be used in order to keep the machine pumping strong with less labor cost.How would you rate Jeff Bezos's effectiveness at distributing Amazon revenues to his 1.2 million employees? How many new Amazon millionaires would be created if Jeff distributed 90% of his net worth to those who produce it?It's not a question of what anyone "deserves".
It's a question of useful allocation of resources. Billionaires, unless they are defrauding people or stealing, are allocated vasts somes of wealth because they are good at allocating it effectively
Using government to do these things (unless can truly trust the government in which we can't), has turned out to be a failure in most of the modern day business dealings of the past and present. To depend on government hasn't worked either.I want to use democratic means to force government to allocate wealth in ways that don't produce a few vast fortunes while leaving millions in poverty. Billionaires have used government to obtain the laws and institutions that made their exploitation legal, and I would use government to remedy the inequities.What you want to do is intervene and "correct" society's allocation of wealth via force. That's immoral and impractical.
7.8How would you rate Jeff Bezos's effectiveness at distributing Amazon revenues to his 1.2 million employees?
Beats me. Is there some point to these dumb questions?How many new Amazon millionaires would be created if Jeff distributed 90% of his net worth to those who produce it?
I want to use democratic means to force government to allocate wealth in ways that don't produce a few vast fortunes while leaving millions in poverty.What you want to do is intervene and "correct" society's allocation of wealth via force. That's immoral and impractical.
Billionaires have used government to obtain the laws and institutions that made their exploitation legal, and I would use government to remedy the inequities.
Do you think the billionaires on Wall Street do "smart things" with the money they allocate?We give them lots of money because they do smart things with it, things that society wants and needs. Otherwise society would not assign them so much wealth.
When the Federal Reserve actually buys junk bonds, does this effectively kill the pricing mechanism of Wall Street?
Is Trump an example of "people who represent society based on rules" or a corrupt crony capitalist who cut out the politicians?By the people. Indeed. People who represent society based on rules. The demofks aren’t a government to enforce their rules. Yet, you think they are. Fk that junior
When employers exploited child labor to maximize profits, was government wrong to outlaw child labor?Fk it does. It’s based on the job, the employer and what the employer will pay. Government got nothing to do with any of that.
Because rich people bribe Republicans and Democrats for the laws and institutions they require to flag ships in rich bitch countries.Blah, Blah, Blah--tell that to the banks in the Cayman Islands or Switzerland. Why do you think they flag ships in little shit hole countries?
There was a recent election in Ukraine where 90% of incumbents were removed from office in a single news cycle. What would change if that happened here?They should call it the Buffett Gates Tax! Their Foundations go first!
Fucking weasels sock their wealth away in a tax free trust!
No one's labor is exploited.That's true since there is no legal prohibition preventing a worker from becoming an owner or shareholder. Ethical inhibitions from becoming rich by exploiting the labor of others present other problems.Completely incorrect. Certainly under Capitalism, we have owners, and employees, but under Capitalism, there are no barriers to become an owner. An employee can become an owner, they can own their own property, and the fruits of their labor.
