What Is Economic Fairness?

Discussion in 'Economics & Trade' started by LafayetteBis, Feb 14, 2018.

  1. james M

    james M Banned

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    very true without American innovation Europe would be living at 35% of our GDP per capita. Even stealing or trading for all of our innovations they live at at 65% of our GDP per capita. France for example as the per capita income of Arkansas ,about our poorest state.
     
  2. james M

    james M Banned

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    Maybe too much self-employment. Maybe that's why innovation is so low?
     
  3. james M

    james M Banned

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    yes, on balance USA had lowest tariffs and China highest. This was mostly because we wanted to bring China into the world system as a peaceful and dependent trading partner. Now that they have arrived, so to speak, its time for Trump to get a equal trade deal with them to protect our jobs an industries
     
  4. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Dont start your rebuttals with personal attacks. If this is how you have a conversation, then run along. Im not interested in debating with children.

    And.... you ignored all of the points I made attempting to dilute the conversation with other points.

    Facts. Reality. They give up individual economic liberty for government security.

    Sorry that is inconvenient. I prefer to keep more of the money I earn, and making my own decisions on the best format of spending and investing for myself.

    I have no interest in paying 46% income tax so government can be my daddy.
     
  5. Reiver

    Reiver Well-Known Member

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    No need to get defensive. Given economic reality is a problem for you, the better response is to try some reading. It's very easy, for example, to research differences in self employment rates. It's also very easy to combine it with analysis into freedom and economic choice. For example, there is plenty of data on desired self employment rates. You just lift the blinkers!

    You brought up entrepreneurship. Why do you think these countries have higher self employment rates? Can you derive a on economic rationale which fits with your ideological bent?

    Please don't just repeat the non factual "facts".
     
    Last edited: Aug 6, 2018
  6. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Got it. You are on of those people that arrogantly believes your opinions are superior or that you are in someway more intelligent or better educated than who you are speaking to. You aren't.

    So as I said, run along.

    Welcome to my ignore bin.
     
  7. Reiver

    Reiver Well-Known Member

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    Chortle, chortle, economic reality is just too much for some folk!
     
  8. james M

    james M Banned

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    but liberals want to give it another chance despite the 120 million it has already killed in USSR and Red China. 200 Million dead is the magic number. Once they reach it they will give up!
     
  9. Reiver

    Reiver Well-Known Member

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    You two share nonsense. I'm not a fan of liberalism, but it certainly guarantees more economic choice than the conservative grunt that you support.
     
  10. james M

    james M Banned

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    probably part of libcommie strategy to keep GDP per capita at 65% of USA GDP?
     
  11. Reiver

    Reiver Well-Known Member

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    You're not making sense again. Set the poverty threshold according to US definition. Guess who has higher poverty?

    Why do you two fellows hate economic choice so much?
     
  12. james M

    james M Banned

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    you have learned 23 times now that there is no poverty in USA when you count $70,000 per family in benefits to prevent poverty. Shall we go for 24?
     
  13. Reiver

    Reiver Well-Known Member

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    You can play pretend as much as you want. The Luxembourg Income Study has allowed easy international comparison of poverty. Smeeding, for example, fixed the threshold according to the official US measure. Those liberal and social democratic countries unsurprisingly came out with lower poverty rates.
     
  14. Longshot

    Longshot Well-Known Member

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    Are they including transfer payments in their measurement of incomes?
     
  15. Reiver

    Reiver Well-Known Member

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    Reductions in poverty through transfer payments are of course analysed.
     
  16. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    I dont care how much someone has. We're a long way from using up the resources on this planet. Until we do, wealth is a non-zero-sum game.
    The problem is when the rich use their wealth as power, and use their power to keep others poor. So long as this dynamic is in effect, it doesnt matter who has how much... the ones with the most will stay in control.
     
  17. Baff

    Baff Well-Known Member

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    Human labour is a resource in it's own right.

    Some resources are finite.
    Iron in the ground. The ground itself.
    Coal.

    Resources are finite and profitably exploitable resources even more finite.

    Not everyone can have access to the resources to make a gun.
    But even with no iron and coal I can add labour. I can engrave a gun.
    I can add wealth to resources. Refine Iron ore.
    Refine steel. Cast steel.
    Decorate steel.

    Wealth is not a zero sum game, but control over the resources will give you control over all peoples ability to make wealth.

    And this is the essence of socialism. The desire to control others.
    All the rest of the philosophy is lipstick on the pig.
     
    Last edited: Aug 7, 2018

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