The rank hypocrisy of capitalist propaganda

Discussion in 'Economics & Trade' started by Kode, Sep 26, 2017.

  1. Kode

    Kode Well-Known Member

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    You seem to be having trouble understanding "no".
     
  2. Longshot

    Longshot Well-Known Member

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    So the WSDE is okay with having their expenses being higher than their income? They are okay working day in day out and losing money and not being able to pay their rent?
     
  3. james M

    james M Banned

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    wrong of course, if they valued it they would only work for companies that gave them a say. Do you understand?

    workers might value having say and customers might value 50 miles per gallon. if companies don't provide what workers and customers want they go bankrupt. Kode does understand the basics about capitalism.
     
  4. Kode

    Kode Well-Known Member

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    I'm not interested in replying to such asinine trolling.
     
  5. james M

    james M Banned

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    I guess they want to make a little profit but not be greedy. If they need investors to finance a new factory I guess they would be out of luck unless they found hippie co-op lovers who didn't want to be greedy either and insist on a high return for their risked capital.
     
  6. Reiver

    Reiver Well-Known Member

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    The problem is that right wingers aren't aware of basic economics. They do not understand that rent seeking behaviour is naturally curtailed through worker ownership
     
  7. Bear513

    Bear513 Banned

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    Why no links?.
     
  8. Reiver

    Reiver Well-Known Member

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    Because they're all very well known?
     
  9. Bear513

    Bear513 Banned

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    Say what,?




    Known by whom .. People that watch MSNBC ?
     
    Last edited: Dec 24, 2017
  10. Reiver

    Reiver Well-Known Member

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    Never watched MSNBC in my life, but I'm fully aware of them. Where the heck have you been?
     
  11. Bear513

    Bear513 Banned

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    My bad I meant from SNL


    Still no links ?


    What's up with the mods letting the OP stand with no links?
     
  12. Reiver

    Reiver Well-Known Member

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    Its a strange world when links are needed when stating the bleedin obvious. Of course if you'd like to pretend otherwise, have a go at denying the validity of anything said. Try content!
     
  13. Longshot

    Longshot Well-Known Member

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    How?
     
  14. james M

    james M Banned

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    Especially if it’s curtailed equally by all competing firms but of course that’s impossible so we must then introduce communism at gun point. Why is liberalism 100% about libcommie violence.
     
  15. james M

    james M Banned

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    Capitalism is beginning to harm people like the 700 million who have been moved into the middle class in China after living at subsistence under libcommieism? See why we libcommieism is based in pure ignorance ?
     
  16. Reiver

    Reiver Well-Known Member

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    Because you have democratic decision making based on profit through productivity. Rent seeking refers to harming other workers and therefore struggles for support. You might also want to look up Smith's moral sentiments. Actually argue with knowledge for a change!
     
  17. Longshot

    Longshot Well-Known Member

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    And how does democratic decision making prevent any particular worker from rent-seeking any more than in a employer/employee model?
     
  18. Reiver

    Reiver Well-Known Member

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    Because of the nature of preferences. Smith understood it yonks back, when he states stuff like "nature, when she formed man for society, endowed him with an original desire to please, and an original aversion to offend his brethren". Democracy within the firm guarantees that social approval restricts 'zero sum' conflict
     
  19. Longshot

    Longshot Well-Known Member

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    How does it restrict 'zero sum' conflict more so than in an employer/employee model?
     
  20. james M

    james M Banned

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    Mostly it guarantees bankruptcy which is why in a free country nobody freely chooses democracy within the firm.
     
    Last edited: Dec 26, 2017
    roorooroo likes this.
  21. james M

    james M Banned

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    100% impossible of course since harming workers would mean harming profits owners customers. See how easy it is to defeat a liberal?
     
  22. Reiver

    Reiver Well-Known Member

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    You're asking for repetition. Smith understood that there was two forms of motives. Zero sum requires that a Machiavellian self interest holds (e.g. a corporation deliberately overpolluting). That doesn't happen within a democratic firm because, given we are socially motivated, harming others is deemed to be a disutility.
     
  23. Longshot

    Longshot Well-Known Member

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    You still haven't explained how it restricts zero sum conflict more so than in an employer/employee model. You keep repeating that it does, but you don't explain how it does.
     
  24. james M

    james M Banned

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    Actually social motivation prevents customers from buying from over polluting firms.See how easily you are defeated?
     
  25. Reiver

    Reiver Well-Known Member

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    I have. Your lack of understanding of Smith doesn't interest me.
     

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