Capitalism, The Best Solution to Poverty

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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Wed Dec 09, 2020 9:35 pm

News Flash: Capitalism isn't a meritocracy. Pictures at eleven.
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Re: Capitalism, The Best Solution to Poverty

Post by rainbow » Thu Dec 10, 2020 6:52 am

JimC wrote:
Wed Dec 09, 2020 7:37 pm
And a peculiarly American twist to this is the constant peddling of the myth that anybody can become a millionaire, all it takes is grit and hard work, and that any threat to the free market or higher taxes on the rich will cruel your chance of making it to the top...
...well I was a millionaire in Zambia, before they revalued the Kwacha.
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Re: Capitalism, The Best Solution to Poverty

Post by Scot Dutchy » Thu Dec 10, 2020 6:58 am

rainbow wrote:
Thu Dec 10, 2020 6:52 am
JimC wrote:
Wed Dec 09, 2020 7:37 pm
And a peculiarly American twist to this is the constant peddling of the myth that anybody can become a millionaire, all it takes is grit and hard work, and that any threat to the free market or higher taxes on the rich will cruel your chance of making it to the top...
...well I was a millionaire in Zambia, before they revalued the Kwacha.
Just a simple millionaire?
"Wat is het een gezellig boel hier".

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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Thu Dec 10, 2020 7:01 am

I was a millionaire in Turkey the first time I went there.
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Re: Capitalism, The Best Solution to Poverty

Post by Svartalf » Thu Dec 10, 2020 8:22 am

Brian Peacock wrote:
Wed Dec 09, 2020 9:35 pm
News Flash: Capitalism isn't a meritocracy. Pictures at eleven.
If it were, frump would be sleeping at Under the Bridge hotel...
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Re: Capitalism, The Best Solution to Poverty

Post by Hermit » Thu Dec 10, 2020 10:39 am

Image
So you talk about mobs and the working classes as if they were the question. You've got that eternal idiotic idea that if anarchy came it would come from the poor. Why should it? The poor have been rebels, but they have never been anarchists; they have more interest than anyone else in there being some decent government. The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all. Aristocrats were always anarchists. - G.K. Chesterton

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Re: Capitalism, The Best Solution to Poverty

Post by Scot Dutchy » Thu Dec 10, 2020 11:14 am

:funny: so true.
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Re: Capitalism, The Best Solution to Poverty

Post by rainbow » Thu Dec 10, 2020 11:24 am

Svartalf wrote:
Thu Dec 10, 2020 8:22 am
Brian Peacock wrote:
Wed Dec 09, 2020 9:35 pm
News Flash: Capitalism isn't a meritocracy. Pictures at eleven.
If it were, frump would be sleeping at Under the Bridge hotel...
...or at least the Four Seasons Total Landscaping.
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Sat Dec 12, 2020 11:00 pm

non predatory capitalism :cheers:
Dan Price announced a minimum salary of $70,000 to all of his 120 employees back in 2015. It paid off big time
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Sat Dec 12, 2020 11:45 pm

Yeah, how likely is non-predatory capitalism on a wide scale? Not very.
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Re: Capitalism, The Best Solution to Poverty

Post by Hermit » Sun Dec 13, 2020 3:20 am

pErvinalia wrote:
Sat Dec 12, 2020 11:45 pm
Yeah, how likely is non-predatory capitalism on a wide scale? Not very.
Maybe it's just meant to serve as proof of concept. If one an American internet entrepreneur was able to pay all his 120 employees a minimum salary of $70,000 back in 2015, it is proof that all employers in all countries are able to pay all their employees $77,000 today.

It would definitely solve fruit and veggie growers' problem finding people to harvest whatever cannot yet be done with million dollar machines. Unfortunately it would create another: Finding someone who'd buy harvests that have been picked by workers who are paid the equivalent of Dan Price's internet employees.
So you talk about mobs and the working classes as if they were the question. You've got that eternal idiotic idea that if anarchy came it would come from the poor. Why should it? The poor have been rebels, but they have never been anarchists; they have more interest than anyone else in there being some decent government. The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all. Aristocrats were always anarchists. - G.K. Chesterton

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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Sun Dec 13, 2020 4:10 am

Simples. We employ Pacific Islanders for $15/hour.

Predatory capitalism is ok, as long as it isn't our citizens being predated! :awesome:
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Sun Dec 13, 2020 4:12 am

Hermit wrote:
Sun Dec 13, 2020 3:20 am
pErvinalia wrote:
Sat Dec 12, 2020 11:45 pm
Yeah, how likely is non-predatory capitalism on a wide scale? Not very.
Maybe it's just meant to serve as proof of concept.
Another proof of concept is Maccas and the like employees being on the European minimum wage instead of the US poverty wage. Somehow the Europeans still manage to sell a shitload of Maccas.
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"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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"My penis is VERY small" - Cunt.

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Re: Capitalism, The Best Solution to Poverty

Post by Hermit » Sun Dec 13, 2020 4:33 am

pErvinalia wrote:
Sun Dec 13, 2020 4:12 am
Hermit wrote:
Sun Dec 13, 2020 3:20 am
pErvinalia wrote:
Sat Dec 12, 2020 11:45 pm
Yeah, how likely is non-predatory capitalism on a wide scale? Not very.
Maybe it's just meant to serve as proof of concept.
Another proof of concept is Maccas and the like employees being on the European minimum wage instead of the US poverty wage. Somehow the Europeans still manage to sell a shitload of Maccas.
All full time burger flippers at MacDonald's should be paid the equivalent of what Dan Price paid his employees in 2015 and part time flippers the same on a pro rata basis. The owners of Burger King will love it. All other fast food franchisors too.
So you talk about mobs and the working classes as if they were the question. You've got that eternal idiotic idea that if anarchy came it would come from the poor. Why should it? The poor have been rebels, but they have never been anarchists; they have more interest than anyone else in there being some decent government. The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all. Aristocrats were always anarchists. - G.K. Chesterton

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Re: Capitalism, The Best Solution to Poverty

Post by laklak » Sun Dec 13, 2020 5:17 pm

They'll just automate it.
Yeah well that's just, like, your opinion, man.

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