Do you want someone else to read it for you? Pretty dumb commenting when you don't know what you're commenting on.Fred Edwards wrote:I have not read the above comments fully as I see that are too full and obviously do not have an understanding of the situation. So capitalism is responsible for the world's woes is it?
Capitalism
- Lucky Lucan
- K440 Knight Captain
- Reactions: 761
- Posts: 22525
- Joined: Fri Mar 04, 2011 12:24 pm
- Location: The Pearl of the Orient
Romantic Cambodia is dead and gone. It's with McKinley in the grave.
-
- Permanently Banned
- Reactions: 94
- Posts: 1970
- Joined: Tue Feb 02, 2016 10:42 am
Scan or not read fully... it's all the same thing besides it was obviously a thread was designed the tickle vlad's fancies. And to be honest are you really trying to say I would have learned or found out information new to me by reading the above comments.... that's a cracker
Plus if you're going to quote me at least quote the part what sums up the whole argument in one sentence and this thread can be locked....lol
Plus if you're going to quote me at least quote the part what sums up the whole argument in one sentence and this thread can be locked....lol
Please regale us with your pearls Fred.Fred Edwards wrote:obviously do not have an understanding of the situation
Or we could lock the thread to avoid too much scrutiny of your deep understanding, in case some other posters have a different opinion to yours and at least an equal knowledge.
-
- Permanently Banned
- Reactions: 94
- Posts: 1970
- Joined: Tue Feb 02, 2016 10:42 am
As you askme me so nicely I will tell you . Inequity happens and it's not connected to the political system you live under.
Have a nice day.
Have a nice day.
-
- MerkinMaker
- Reactions: 62
- Posts: 3232
- Joined: Wed Mar 21, 2012 11:04 am
Monopolies are made possible by government regulation and protection. Therefore it's foolish to think that the answer to monopolies is more regulation and in turn a less free market.spitthedog wrote:Warren Buffett should not be celebrated as an avatar of American capitalism; he should be decried as a prime example of its failure, a false prophet leading the nation toward more monopoly and inequality
I'm not some kind of anarcho-capitalist who thinks there is no place for government and regulations *at all*, but we must accept that monopolies are the price that must be paid for that regulation. The important thing is to find a good balance, obviously a completely free market is not optimal as it will be horrific for those on the fringes, but neither is a 100% monopoly where the state completely controls the means of production, as that history shows us that this will be horrific for everyone.
Last edited by starkmonster on Tue Feb 20, 2018 2:06 pm, edited 2 times in total.
- Starving Pelican
- I am a Special Snowflake !!?!
- Reactions: 83
- Posts: 5850
- Joined: Sun Jun 04, 2006 1:21 pm
- Location: Cat Food Paradise
Vladimir just deleted one of his own posts in which he claimed that the problem isn’t people like Gates, is that the US is proudly capitalist and spends trillions on war at the detriment of its citizens. Here’s my response: It’s foolish to blame capitalism for the US’ expenditure on war. Communist countries spend money on war. Look at the Soviet Union - they spent an obscene amount of money on military expansion, including in Afghanistan!
Conversely, loads of capitalist economies barely spend a penny on war. Defence yes, war no.
Yes, the US is capitalist and yes, it spends money on war. But see above.
Conversely, loads of capitalist economies barely spend a penny on war. Defence yes, war no.
Yes, the US is capitalist and yes, it spends money on war. But see above.
-
- I Fap to 440
- Reactions: 0
- Posts: 4952
- Joined: Sat Mar 30, 2013 2:39 am
Edwardo wrote:Anyone who knows the life stories of those 3 in particular knows that they started out with no advantages over others and no great wealth. You can add Jobs and Zuckerberg and many others on that same list. They did it themselves with talent and hard work and the have given opportunity via employment to hundreds of thousands. Only warped, frustrated losers obsess over the wealth of others who earned it and try to delegitimize what they have achieved. If anything, vlad should be harping on and on about how Putin got his fortune, which has nothing to do with capitalism.Bill Gates: $86 billion
Warren Buffet: $76 billion
Jeff Bezos: $73 billion
Anyone who doesn't like Capitalism is a pathetic loser. God bless the USA and no place else.
In some instances that is true, in many it is not, hence the term "natural monopoly".Monopolies are made possible by government regulation and protection.
It is the proper place of government to reduce monopoly power, IMHO.
I believe Adam Smith also said as much.
- vladimir
- Feminist Watch List
- Reactions: 4
- Posts: 34235
- Joined: Thu Sep 23, 2004 7:43 am
- Location: mod edit
LOL, where is the 'hating on these 3' ? Please show me where I said I hated any of these individuals. You can't. I hate unfettered capitalism. I've put it in bold for those whose eyesight may be dim from the drink.It's long after beer o' clock.Miguelito wrote:Instead of hating on these three, I applaud them for providing 600,000 jobs around the world and being just so damn productive.
Capitalism 1, Anti-capitalism 0
It's a statement critical of a system which results in ridiculous disparities of income.
And vaguely-intelligent person who has read any history knows that disparities of this nature lead to instability, I think even ballers have to admit that.
Fred Edwards wrote: Inequity happens and it's not connected to the political system you live under.
Bwahahahaha, were your dropped on your head as a kid? Several times? From a height?
You clearly imply that Putin's wealth WAS gained from the system he lives under.
Which is it?
I've showed a few of your posts to that Khmer teacher I mentioned, he says he doesn't teach special-needs classes.
ירי ילדים והפצצת אזרחים דורש אומץ, כמו גם הטרדה מינית של עובדי ההוראה.
- vladimir
- Feminist Watch List
- Reactions: 4
- Posts: 34235
- Joined: Thu Sep 23, 2004 7:43 am
- Location: mod edit
It's foolish to spend money on wars to enrich a few when your infrastructure is fucked, regardless of whether you are Russia or America.Starving Pelican wrote:Vladimir just deleted one of his own posts in which he claimed that the problem isn’t people like Gates, is that the US is proudly capitalist and spends trillions on war at the detriment of its citizens. Here’s my response: It’s foolish to blame capitalism for the US’ expenditure on war. Communist countries spend money on war. Look at the Soviet Union - they spent an obscene amount of money on military expansion, including in Afghanistan!
Conversely, loads of capitalist economies barely spend a penny on war. Defence yes, war no.
Yes, the US is capitalist and yes, it spends money on war. But see above.
To what exactly, would you attribute the invasion of Iraq? Oh, wait, the WMDs and spreading democracy, right? Try selling your shite to someone else, bimbo, you're hilarious.
America has spent far more on manufactured, illegal wars to steal resources than the bogeyman Russia has, and has illegally invaded far more countries: https://www.weforum.org/agenda/2017/03/ ... -combined/
Again, an Aussie lawyer who has to work in Singapore defending the system which is fucking his own country: unfettered capitalism. Sell any state to China today?
However, we digress: we are discussing whether the huge disparities under unfetterred capitalism are good or evil
Could you kindly show me a consensus reached by respected historians or overall historical events that indicates that such inequity is good for society?
Hint: it's not in your favour.
LOL
ירי ילדים והפצצת אזרחים דורש אומץ, כמו גם הטרדה מינית של עובדי ההוראה.
-
- MerkinMaker
- Reactions: 62
- Posts: 3232
- Joined: Wed Mar 21, 2012 11:04 am
I agree there are natural monopolies, but the statement above is more than a little misleading as it makes sound like they are the rule rather than the exception. In reality they are extremely rare, and some even argue that they don't even exist.electron wrote:In some instances that is true, in many it is not, hence the term "natural monopoly".Monopolies are made possible by government regulation and protection.
Putting any government in charge of reducing monopolies is like putting an alcoholic in charge of your drinks cabinet.electron wrote:It is the proper place of government to reduce monopoly power, IMHO.
Since "unfettered capitalism" is the objection, then come forth with who should do the "fettering"? Caps on annual income? Caps on accumulated wealth? Enforced by politicians via their military henchmen under threat of jail or confiscation?
Where have we seen this brilliant plan enacted before?
The richest 1% of the US population already pay over 50% of the federal income taxes collected each year.
Where have we seen this brilliant plan enacted before?
The richest 1% of the US population already pay over 50% of the federal income taxes collected each year.
"The final straw actually involved my mortal enemy vladimir, who you may or may not know is an insufferable, overposting asshat."
I don't know about the other two, but Gates made his money by stealing dos off his mate and selling it to IBM. He's what's known as a shyster.Edwardo wrote:Anyone who knows the life stories of those 3 in particular knows that they started out with no advantages over others and no great wealth. You can add Jobs and Zuckerberg and many others on that same list. They did it themselves with talent and hard work and the have given opportunity via employment to hundreds of thousands. Only warped, frustrated losers obsess over the wealth of others who earned it and try to delegitimize what they have achieved. If anything, vlad should be harping on and on about how Putin got his fortune, which has nothing to do with capitalism.Bill Gates: $86 billion
Warren Buffet: $76 billion
Jeff Bezos: $73 billion
- Lucky Lucan
- K440 Knight Captain
- Reactions: 761
- Posts: 22525
- Joined: Fri Mar 04, 2011 12:24 pm
- Location: The Pearl of the Orient
That's amazing, I always thought he made his money by developing operating systems that are bundled with PCs and sell in vast numbers, and other stuff like the MS Office suite that seems to have become the industry standard for nearly every document used in offices worldwide? How many billion did he get from this IBM deal?Oldnews wrote:I don't know about the other two, but Gates made his money by stealing dos off his mate and selling it to IBM. He's what's known as a shyster.Edwardo wrote:Bill Gates: $86 billion
Romantic Cambodia is dead and gone. It's with McKinley in the grave.