The debt is proof of our wealth

Discussion in 'Economics & Trade' started by GodTom, Dec 8, 2017.

  1. Reiver

    Reiver Well-Known Member

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    Can you refer to any empirical evidence into overpayment? There is analysis into discrimination and white male nepotism in order to increase underpayment for other workers. Is that what you're referring to?
     
  2. Reiver

    Reiver Well-Known Member

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    Clearly the nature of labour economics is beyond your approach. Use of hierarchy is alien to division of labour criteria. Human resource management, rather than economic efficiency conditions, dictate labour outcome.
     
  3. Baff

    Baff Well-Known Member

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    I think we're all in denial of communist propaganda.

    Piketty. FFS.
     
  4. Longshot

    Longshot Well-Known Member

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    So you are, in fact, advocating for aggression against the person and property of your fellow man. Double-plus un-nice.
     
  5. Longshot

    Longshot Well-Known Member

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    You provided no example of violent, forcible, aggressive coercion.
     
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  6. Battle3

    Battle3 Well-Known Member

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    Capitalism is not in crisis because very few nations including the USA are no longer capitalist. The USA is an oligarchy, rich businesses are in bed with the govt. That's not capitalism or free markets.
     
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  7. Reiver

    Reiver Well-Known Member

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    Influence costs are a key aspect of economic analysis. To say that their existence is inconsistent with capitalism is not credible.
     
  8. Kode

    Kode Well-Known Member

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    I keep seeing this ploy from those who want to obscure the crisis and its cause, and yet retain capitalism. And it's a crock. Oligarchy is a political structure and as Marx said, politics rise and form in service to the economic base. The economy is an oligopoly. And that is a form of advanced, decaying capitalism. It remains private ownership for private profit. And it's the accumulation of profit that is the whole problem, -not the name you give it.
     
  9. Longshot

    Longshot Well-Known Member

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    And you would eliminate influence costs how?
     
  10. Longshot

    Longshot Well-Known Member

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    So it sounds like you are objecting to State manipulation of the market. Am I hearing you correctly?
     
    Last edited: Mar 10, 2018
  11. Kode

    Kode Well-Known Member

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    I am in favor of what actually serves the people. And rather than start from features and strategies like market manipulation or advertising strategies or taxation, I start from the economy. Under capitalism or oligopoly or whatever you may call what we have, all features and strategies are designed to serve the top capitalists or some sector of capitalists. I thought you would know my answer to such a question by now.
     
    Last edited: Mar 10, 2018
  12. Longshot

    Longshot Well-Known Member

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    So are you advocating the State manipulating the market?
     
  13. Ndividual

    Ndividual Well-Known Member

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    I see no other means of accomplishing what Kode suggests other than by force of a supranational entity.
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Since when was that a prime criteria of American politics today?

    Non-violent coercion is even more wicked. One can be coerced to live one's life in abject-poverty by refusing you the helping-hand you need to get the hell out.

    Namely a free education that permits you to get a decent job at a decent payscale ...
     
    Last edited: Mar 11, 2018
  15. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    That's your interpretation to suit yourself.

    Aggression would mean to physically take control of government, round up all billionaires and have them shot. (Which is what the Russian communists more or less did in 1917.)

    No, I am suggesting that the American people wake-up to an economic system that is grossly unfair due to extremely low upper-income levels of taxation. Where the hell were you taught that for upper-incomes "the sky's the limit!"

    The sky is NOT THE LIMIT - not whilst 45 million American men, women and children must eke out a living in abject poverty. (But you don't give a damn about that sad fact, do you? In fact, you could care less about Income Fairness.)

    Of course, if American voters were sick enough to elect Donald Dork, then he's what they deserve. Except for this tiny fact: Donald Dork actually lost the popular-vote election. (He may be your president, but he aint mine.)

    It is by the wickedness of an American political system wrongly devised at the onset of the nation that today its economic unfairness prevails.

    GET RID OF THE ELECTORAL COLLEGE. IT SERVES ONLY ONE PURPOSE: TO MANIPULATE THE POPULAR-VOTE!!!

    Only then will America become a True Democracy ...
     
    Last edited: Mar 11, 2018
  16. Ndividual

    Ndividual Well-Known Member

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    45 million Americans are living in 'abject poverty'?
     
  17. Baff

    Baff Well-Known Member

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    According to my government, so am I.
     
  18. Longshot

    Longshot Well-Known Member

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    So NOT educating someone is coercing them? That's idiotic.
     
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  19. Longshot

    Longshot Well-Known Member

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    And you are suggesting using violence to achieve your ends.
     
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  20. Baff

    Baff Well-Known Member

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    I find a lot of weaklings do.

    Which is kind of why they are at the bottom end of the economic system in the first place.
    A thick, weak, useless bloke is threatening to steal my stuff.
    If he can get out of bed in time. Hold down a job long enough to buy a gun or spend the next 10 years in iron disciplined kung fu practise without leaving the comfort of the chair in his mothers house..

    How I quake with fear.


    And here we have the angry revolutionaries themselves. The 99%.
    Powerfully reclaiming the wealth of the planet for their own.

    [​IMG]
     
    Last edited: Mar 11, 2018
  21. Ndividual

    Ndividual Well-Known Member

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    After providing them with 12 years of basic education for free and then expecting them to take some personal responsibility for their own life. How cruel and inhumane.
     
  22. Longshot

    Longshot Well-Known Member

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    Seriously, wtf are we even schooling them for 12 years if they get no benefit?
     
  23. Ndividual

    Ndividual Well-Known Member

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    Is that a photo of some of the 45 million Americans living in 'abject poverty'?
     
  24. Baff

    Baff Well-Known Member

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    It's child care. Parents want time off.

    (12 years in school that is, not policeman lovingly applying face paints at Occupy Wall Street).
     
    Last edited: Mar 11, 2018
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  25. Longshot

    Longshot Well-Known Member

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    I don't think a lot of the internet warriors around here even know what abject poverty is.

    It doesn't involve having a cell phone...
     
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