Balance of trade, globalization, and unemployment

Discussion in 'Economics & Trade' started by ARDY, Mar 25, 2018.

  1. Reiver

    Reiver Well-Known Member

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    Nope. You can full employment and continue to have poverty. Economic history proves that.

    Still no poverty solution!

    Throwing in a right wing concept doesn't provide a solution to poverty either.

    Another sentence that doesn't actually say anything. Poverty is not easily solved. Your inconsistent use of right wing economics and welfare policy certainly fails to provide a solution.
     
  2. danielpalos

    danielpalos Banned

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    No, you can't. Less than one percent unemployment could be called, a form of full employment since it could be, zero point, something.

    Yes, simply having an income is a Poverty solution not a Poor solution under Any form of Capitalism.

    The concept is, the circulation of capital. Compensation for capitalism's, natural rate of unemployment, accomplishes that.

    Increasing market share to a simpler social safety net, can lower the cost of social services and our tax burden.
     
  3. james M

    james M Banned

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    silly absurd naive 100% nonsense of course. Nobody had any idea whatsoever what jobs all those billions of people would get when the farm tractor was invented. People laughed at the airplane auto electricity etc never dreaming in a million years they would be anything other than very low quality toys for the super rich.
     
  4. james M

    james M Banned

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    totally absurd of course. before 97% of us were farmers yet all were replaced. after 500 years of increasingly rapid technological inventions and millions of robots we still have 96% employment so is is totally absurd to worry about it. Do you get it now??
     
  5. james M

    james M Banned

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    wake up danny that is not useful English is it unintelligible gibberish.
     
  6. One Mind

    One Mind Well-Known Member Past Donor

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    It was invented in 1892. I come from a long family of farmers. My folks did not get their first tractor until the 1950s. We used mules. We didn't see small farms vanish until we got industry here in this state, as some small farmers got jobs in industry. Yet the change I am speaking of came with the industrial revolution and the rise of industry in america. We knew where workers were gonna be needed. We even imported workers to staff these factories.

    We have no clue what a new sector would be to employ all of thos displaced by AI and robotics, and you do not either. We did have an idea of what would replace farming in regards to what people would do to earn a living. Once industrialization began in america. Industry demand human labor. What sector would demand human labor that AI and robotics cannot do? We are at a totally new place and yet you refuse to see it.
     
  7. james M

    james M Banned

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    a near perfect lie of course, nobody had any idea how many cars trains planes iphones radios etc would be needed. I remember when Xerox predicted 500 copy machines a year and IBM thought the PC would never succeed let alone develop into the Iphone supercomputer that billions would own
     
  8. james M

    james M Banned

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    ??? how on earth could we have an idea when the TV Radio PC jet plane had not been invented!!!
     
  9. james M

    james M Banned

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    don't be silly robots hammers electricity engines have already replaced billions and still we have 96% employment. Come back when you have some evidence labor saving inventions take more jobs than they create
     
  10. danielpalos

    danielpalos Banned

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    Only infidels to Capitalism, say that.
     
  11. james M

    james M Banned

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    no, people who speak intelligible English say that! Ask around if you dare.
     
  12. danielpalos

    danielpalos Banned

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    Why not learn how to use a dictionary? Too much of a work ethic from the Age of Iron.

    No, you can't. Less than one percent unemployment could be called, a form of full employment since it could be, zero point, something.

    Yes, simply having an income is a Poverty solution not a Poor solution under Any form of Capitalism.

    The concept is, the circulation of capital. Compensation for capitalism's, natural rate of unemployment, accomplishes that.

    Increasing market share to a simpler social safety net, can lower the cost of social services and our tax burden.
     
  13. james M

    james M Banned

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    ??? you are writing as if someone can understand your gibberish English.
     
  14. danielpalos

    danielpalos Banned

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    lol. nobody takes the right wing seriously about economics.
     
  15. james M

    james M Banned

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    you mean except the people who give Nobel Prizes to right wing economists?
     
  16. danielpalos

    danielpalos Banned

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    which, right wing Tax Cut Economist has won a prize, recently?
     
  17. Reiver

    Reiver Well-Known Member

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    Moaning about right wingers with one hand, stealing right wing concepts with the other ...
     
  18. danielpalos

    danielpalos Banned

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    They had nothing but repeal. No my fault, they left it, "laying around" in the public domain.
     
  19. Reiver

    Reiver Well-Known Member

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    That you didn't realise its right wing nature, and how it actively kicked your argument in the knackers, is the problem.
     
  20. danielpalos

    danielpalos Banned

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    Only in a vacuum of special pleading; otherwise, it works fine under any form of Capitalism, and especially ours.
     
  21. Reiver

    Reiver Well-Known Member

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    A vertical Phillips curve isn't about practicality, its about ideology.
     
  22. danielpalos

    danielpalos Banned

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    It is just a statistic, in the end.
     
  23. Reiver

    Reiver Well-Known Member

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    No it isn't. It's a concept spawned by supply side economics that argues for a 'do nothing outlook over a miraculous self correcting economy.
     
  24. danielpalos

    danielpalos Banned

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    lol. Some on the left believe, supply side economics should be supplying us with better government at lower cost, not trickle down.
     
  25. danielpalos

    danielpalos Banned

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    How would the private sector be worse off, with Labor having a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour, simply for being unemployed in any at-will employment State?
     

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