Capitalism will save this world
- Thread starter Angstrom
- Start date
You've got that right, Tec. He's gutted the EPA, opened national parks to resource extraction, rolled back the clean water act....etc etc. I remember replying to Eagle about a year after Il Dope was elected that the US was going to be a dirtier, stinkier and much more polluted country when his term(s) came to an end. Even back then I did not foresee just how far he was willing to go to prove me right.
Interesting social experiment, Cliffy. Glad I don't live there............but I sure wish New Zealanders a lot of luck - they are going to need it.
And yet everyday that goes by less and less people are living in extreme poverty by working for Evil Corp LLC.
In the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%
Just a billion or so, damn those evil pricks.
In the 25 years from 1990 to 2015, the extreme poverty rate dropped an average of a percentage point per year – from nearly 36% to 10%
Just a billion or so, damn those evil pricks.
Problems arise when profits become more important than people. That is a failure of capitalism. Also, like the game Monopoly, eventually everything is owned by a hoarding wealthy and crony-capitalist gov't has been replaced by a plutocracy. Wealth inequality creates social division. And each faction cannot comprehend the problems the other face
Capitalism is still better than communism, though. And I think capitalism with a few socialist aspects is best.
Capitalism is still better than communism, though. And I think capitalism with a few socialist aspects is best.
Capitalism also provides mobility , a poor child with brains , ingenuity and work ethic can become a rich adult . A rich child , can lose his inheritance through poor work habits , and any number of ways . A peasant born in a feudal system , or caste system will die a peasant .
Not necessarily. Depends on your business. Since you have never done anything outside of making Whigits you wouldn't know. We often trade equipment for jobs. I once traded one of my off highway dump trucks for a log truck for 4 months. Different jobs but both of us profited by a trade that didn't involve the tax man.
No profit. No capitalism. A straight trade is a straight trade. You profited from the use of the equipment, not from the value of the equipment itself. No margin, no profit.
Define profit.
Does every chicken farmer apply the identical resources to raise a chicken?
Further, without profit, there is little chance of expansion
Your mistaken, yet again. We don't do straight barter exchanges, anymore ... just in very poor places where there isn't enough cash in circulation. [See:Alberta in 1931].
When I buy a chicken at Sobey's, I'm not expecting it to be a straight barter exchange. It is not barter, nor do I expect it to be.
