capitalism
capitalism
Out of context: Reply #281
- Started 16 years ago
- Last post a day ago
- 1,445 Responses
- utopian1
Wage gap between top employees and everyone else is 'off the chart'!!!
https://finance.yahoo.com/news/w…
#Greed is Good
#USA #1
#MAGA- The more hours you work the more you make.robotron3k
- ^LOLformed
- https://dqydj.com/in…robotron3k
- This is for the capitalism thread, I don't think work more/earn more applies to socialism. Higher earners tend to be more educated as well. Boom!robotron3k
- How many hours does someone have to work to make a million dollars every 30 days, just like the CEOs?utopian
- It's pure, selfish greed at the expense of everyone else. It's unsustainable. Eventually the pendulum will swing waaaay back to make up for this abuse.formed
- No it won’t. The market sets and sustains the salaries. You can see the trend is upwards like all the other results. Getting all worthy...Morning_star
- Politicians of certain stripes here in Aus also love that guff; you're not a millionaire because you're lazy.MrT
- ...and socially responsible about this is just daft. There is nothing you can do. Why not help out feeding the homeless or do some volunteer work. Don’t focus..Morning_star
- ...the rich, help the poor instead.Morning_star
- Ah, I see, just shrug off the blatant robbery and destruction of the middle class. 'Work more you lazy slob!' Wow.formed
- and yeah, the pendulum will swing. We'll have GMI soon enough and that will be paid for by the wealthiest. If not, eventually, they'll be taken down.formed
- The other lazy argument always rolled out is per capita growth. Look it's OK because we're richer as a group. It's the distribution that's fucked.MrT
- whoa whoa again before trying to blame "capitalism" which is private enterprise trading value for value voluntarily... for inequality is a bit jumping the shar********
- k in any understanding of the systems involved. 1) if inequality is created in such a system its good because both still seem to find value. If not it wouldn't********
- because people wouldn't trade. However our markets are hardly laissez faire. and here is where inequality has meaning********
- special privilege and crony capitalism, lobbyists, and politicians trying to broker power of trade amongst individuals, and on top of that monetary policy********
- which is manipulated by political forces and poor policy of fool individuals. have you ever truely considered the idea of 2% inflation as noble goal?********
- "capitalism" by definition is used as a fall guy by central figures who want even more control blaming error on an abstract idea than failure of predecessors.********
- Wealth inequality by monetary policy is a bad thing. I hoped Powell would have continued QT and rate increases to shrink assets prices (wealthy own most assets)********
- and at the same time increase the value of paper people hold that inflation is ruining. But something is wrong. Powell isn't a bernanke/yellen goon********
- He's smart and spooked, And his 60 minute piece was fluff besides the "we have a plan this time to let banks fail" not sure who he was telling though...********
- .. but anyways the biggest wealth inequality driver is central banking systems and politics. capitalism will create inequality but only if it is beneficial********
- and with far less errors or swings than the CB/GOV attempts of control********
- @formed. You've perceived a problem, what's your solution to it?Morning_star
- Ha @formed seems to support more his captors. Doesn't realize he supports everything that best kills middleclass and grows inequality********
- Let's face it...the system is rigged from top to bottom. Always was....always will be!utopian
- but that isn't a failure of capitalism utopian. Capitalism is a free system, free for people to take advantage of through politics... crony capitalism********
- the alternative is crony capitalism on roids were there is nothing free and everything decided on whims of rulers********
- if you had to choose a system to follow do you choose on leader or on principle. get rid of capitalism and we can claim trump supreme ruler********
- let him decide, because hes so great, what people want and value********
- or we retain freedom and the all dynamics it involves even sometimes shitty ones... tesla... let markets decide, let freedom be********
- the problem to such freedom is monetary standards and regulations. since there is none and its all fictional involving global systems with the only control********
- by us with petrol dollar. and countries getting smarter about the con and doign their own versions its hard to have any "free" markets********
- btu again not a product of capitalism a product of gov. do you blame the child that convinces their parents to buy them beer? or the parents. gov are gate********
- keepers to the power.********