capitalism

Out of context: Reply #314

  • Started
  • Last post
  • 1,314 Responses
  • colin_s0

    ugh

    colin_s 0Permalink
    UpvoteDownvote
    Flag
    • "So the comparison is not exactly meaningful"colin_s
    • haha, fantastic journalism. $248.5 billion is not more than $0, okayy.kingsteven
    • if you adjusted or debt it would be actually what? 66%, 75% of the poorest have wealth of the top 3??kingsteven
    • valued wealth is hardly liquid. donating shares make more sense than donating money.deathboy
    • voluntarily collectivisation of the means of production? that's the spirit deathboy!kingsteven
    • I had a wee look at this report last night, it seems it does take in to consideration that 1/5 american households have no wealth...kingsteven
    • and plucks figures from all over the place, but does seem to be quite conservative in its estimations...kingsteven
    • to come up with the "3 people have more wealth than the bottom half" soundbite. wp seems to be invalidating it on behalf of the rich on the basis of "yeah, butkingsteven
    • what colour are the poorest"... either way it invalidates the idea of liquidity in half of american households, so not sure why that would effect the 3 richestkingsteven
    • ha i wouldn't say i suggested such a thing. i was just making a comment on how much wealth illiquid. certain things to borrow agains't or donate shares and notdeathboy
    • the whole post is junk and pointless and comparison of people with little wealth means little. after all it doesn't mention how many people there work my employdeathboy
    • how many consumers (sadly) lives are made more convenient. hard to say average person even comparesdeathboy
    • and a whole nuther issue about monetary olicy driving assets prices higher while driviing savings into the groundeathboy
    • part of this wealth creation is due low interest rates, and excess money supply and debt chasing gains at any costs liek letting your kid tell you when and ho.deathboy
    • w much ice cream it can havedeathboy
    • hah, just kidding about your marxist values db ;-) i do wish more employers would go down that road though (employee ownership)kingsteven
    • be neat, but i wouldn't do it as an employer. For one it would change the dynamic of the relationship. 2 i dont think an incentive type program would do well.deathboy
    • attract the wrong types probably. a good management who can evaluate and retain talent needs no such thing.deathboy
    • actually, it seems to work really well. employees are only awarded shares based on how long they've been at the company... and proven to attract better people.kingsteven
    • What example are you referring too? Need to see big picture if just a fad, or a working model. For example public shares or private, dividends and what not.deathboy
    • Are shares equal to like inflation or performance of a company. An idea of one person with dividends spread to anyone connected? Maybe more a service industry?deathboy
    • not saying it can't work, but what i am saying is a gov model doesnt work for everyone and everything, or a set of models.deathboy
    • which is always my issue with forced collectivism (gov), not voluntary collectivism (private), however voluntary collectisim is not unions, more REIdeathboy
    • it's big in the UK. search for 'EO', HiFi retailer Richer Sounds is a recent example, John Lewis (department store) would be a classic one.kingsteven
    • I looked up EO and instantly sounded like a scam. if this https://www.eonetwor…deathboy
    • As far as Richer sounds that looks like a business but i'd have to see it prices outside clubs. US side REI is a business, which im a member, and pay moredeathboy
    • for most things but i get a dividend each year as percentage of spent. its a balance of gaming thedeathboy
    • system and of what i personally will stomach for community causes. i get to vote to spend extra funds on local bike trails and what not.deathboy
    • not that my vote is worth much... but i encourage the spirit and will shop others for better prices on non discount stuff. CO-OP increase pricesdeathboy
    • my hope is to identify the sales that are under normal market prices and capitalize on them and still get a dividend, however most of that is game proofdeathboy
    • ie rei discount sleeping pad was was about 140, but got same product on backcountry for 89. Discount adn co-op savings not always what they seem to bedeathboy
    Show [[ numHiddenNotes ]] more notesAdd Note
    SaveCancel

View thread