Anti Capitalism

What does Ndela do for .60 an hour? All labor is not equal. That's why different people are paid different wages. High value labor competes with low value labor by being more productive.

 

I would suggest you research what you're talking about before making posts.

Capitalism, definition: an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

In both your examples you are dealing with private agreements/ownership.

I can guarantee you that the USA will remain capitalistic for your lifetime.

 

Considering the fact that our very biology follows a voluntary economic model, I can't see any artificial model taking its place without the ability to reprogram human thought process. Conservatives would find such a proposition horrific. Progressives think, yeah that's exactly what we need to do.

They want us to behave like ants behave. But since progressives are absolutely terrible at implementing functioning systems, at least their efforts are statically doomed to failure. After all, ants only behave the way they do because they are all directly related. Mix two colonies and things get genocidey super quick.

 

Capitalism is basically the private ownership of capitalism. While you raise a common complaint about capitalism, opposition to capitalism generally means one believes private ownership of capital is immoral (and violent) rent-seeking behavior.

Capitalism is a necessary component of modern society as the timing and nature of capital investments to maintain the economy is just way too complex for any sort of centralized and unified planning. I believe that there is a lot of rent-seeking in financial institutions and that corporate management is generally WAY overcompensated. Maybe collective action will bring capital control more into the hands of stakeholders instead of shareholders, but I kinda doubt that.

Also, your timeline is messed up. You kinda threw slavery in there without much rhyme or reason. That should be replaced by mercantilism for a vaguely accurate timeline of the last millennium.

 

The level of any countries civilization is in direct relationship to its taxes. You just have to laugh when these haters come in here spouting about their opposition to taxes. They need a history lesson, where can you live without paying taxes. Every one of them have a different Idea what should and shouldn't be taxed but nowhere to take it because of course it is simply stupid. This is from The Marxist monster, who when you rub him the wrong way will call you a Marxist, while not having a clue what it even means.

 

Holy cow! Talk about your hate and evil!!!!

 

I know what capitalism is.

I'm a little confused about anti-capitalism, but it appears to be about smashing windows, burning police cars, beating up political opponents, and throwing Molotov cocktails.

 

Sorry some times the truth hurts and can show you how stupid people can be that are willing to vote for a Evil , hateful mental case. Even people like you can find the truth but your at this point, a long way away from the truth. We have never had a monster like this as president'

 

You may be confused about Anti Capitalist but I bet a buck that you know all about white supremacists, Nazi party, and bigots of all shape.,

 

No, I've never met anyone from those groups.

 

....just can't stop that ole hate and evil, huh?

 

That's happening now as China is one of the biggest suppliers of machine tools to sub-Saharan States.

Shouldn't be so dismissive. That kind of attitude is what caught the US with its pants down when China moved into its 2nd Level Manufacturing Economy back in 2000.

You've only lost 3.2 Million jobs to China. You'll lose 3 Million to 4 Million more when sub-Saharan Africa ramps up its economies.

 

The monster we have is preferable to the monster the left offered. It's not even close.

 

machine tools are one thing cnc mahinery something else. I can use the same machine tools in an engine lathe or a cnc. Further don't believe everything people tell you about manufacturing jobs. But changes in labor usage in the manufacturing environment and environmental regulations. Product that used to require 10 men and a similar number of machines To produce now takes 2

 

While that's certainly true in the US and other 1st World countries, the 2nd, 3rd and 4th World are more focused on achieving full employment, to create a stable economy, rather than being focused on productivity.

 

Captalism is an important part of a healthy economy, but when left unchecked can lead to tyranny. Laissez-faire capitalists share the same naivety as communists.

 

Why would you assume that sub-Saharan Africa takes American jobs?

They'll take Chinese jobs.

There aren't any low-wage manufacturing jobs to outsource. But there are plenty to re-source. That's why TPP was a fantastic idea for the US and Japan.

 

cap·i·tal·ism
ˈkapədlˌizəm/
noun

1. an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Capitalism just means individuals can control resources. Thats it.

If you think you have the right to earn (own) things, then you're a capitalist.

Corporatism is a subset of capitalism. You can be anti-corporatism while still being pro-capitalism (pro- owning things).

Definition of corporatism

1. : the organization of a society into industrial and professional corporations serving as organs of political representation and exercising control over persons and activities within their jurisdiction

 

I don't know if they want ants as much as they want the useful idiots Stalin spoke of!

 

Hmmmm... then how was our Industrial Age ushered in? The Industrial Age, when America really came of age occurred between 1800 and 1870. The income tax didn't appear until 1913 under Woodrow Wilson, the first Marxist Democrat President! Wilson even nationalized the railroad system from Dec, 1917 through Feb, 1920.

The Marxist Democrats today whine about Trump using his son-in-law for politics but it was Wilson that appointed his son-in-law to run the railroads while they were nationalized!

Even after the railroad nationalization was repealed in 1920 the ICC had almost complete control of the railroads, setting tariffs, determining what routes could be abandoned and which ones could not, and controlling mergers - de facto Fascism.

As usual, it happens to be *YOU* that needs to get a clue. It's only a Marxist Democrat that thinks higher taxes can bring prosperity! This nation prospered just fine until Wilson established the income tax. Taxes don't determine the level of a society. It's founding principles do that.

 

Do you believe that government shouldn't invest in technology?

 

By the same token that cost per item will be equivalent even with much lower wages on their part. Add to that the fact that they are chasing a chimera or two and you understand why they remain 2nd, 3rd and 4 world economies.

 

It isn't generally needed and can be ruinously bad one of the reason for Japan's so-called lost decade in the nineties was that they backed the wrong tech development. Most of the tech we currently enjoy had very little input from government.

 

It's been a lot more than a decade, and the reason Japan's economic animal lost a few of its claws in the 90s was due to the economic bubble popping. That happened because of government collusion between the banks propping up property prices. Property was held by securities firms and the Japanese version of the federal reserve worked closely with banks to keep property values high. All it took was one piece of property not selling as soon as it hit the market and BLAM!!!!

The Japanese government promised everybody that they would prop up the banks until hell froze over, and they're still doing that. The hems are busting apart at the seams, and they continue to suffer, despite the technological and manufacturing prowess of the country as a whole.

It certainly wasn't the wrong tech being developed, or Japanese manufacturers wouldn't be where they are today. People still drive hondas and toyotas, and they still watch TVs using Japanese technology.

 

Please note I said part of not all of and it helped start the ball rolling down hill and triggered much of the rest of the problems. The problem as I recall was that the government backed the wrong horse in the HD TV sweepstakes and that hurt them early on and governments fumbling attempts to solve the problem of it's own creation only kicked the can down the road.

Note Japan isn't the only country that has fallen into this trap. The problem is when government jumps onto some scheme everyone else tends to follow suit And if it's wrong economic disaster ensues. Several panics in the eighteenth and nineteenth centuries resulted from governments backing schemes that bordered on what we would now considered fraud.