Socialism works

MHz

Time Out
Mar 16, 2007
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How much is that basic income for Canadians supposed to be? The poor can make about $8K/yr before they have to start paying any taxes, have the tax rate on this money be set up so after you make $100k gross you pay that whole amount back. Make Canadian Banks safe havens for Canadian money. The advantage, the bank can never fail while an account in any other country is subject to turmoil in those places, such as the State locking all foreign accounts until the racketeering mess is cleaned up and that will be a long and expensive operation.
 

taxslave

Hall of Fame Member
Nov 25, 2008
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Yes its a problem and have you ever come across a group of capitalists who are
willing to pay their fair share of the tax burden? I see trouble with both groups.

Depends on who gets to define what their fair share is. DOn't forget that any tax a business is forced to pay is simply added into the price of their product.
 

Walter

Hall of Fame Member
Jan 28, 2007
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The poor can make about $8K/yr before they have to start paying any taxes,
Canadian basic personal exemption is $11,327.00 for 2015. The ON basic personal exemption is $9,863.00 for 2015.
 

Angstrom

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May 8, 2011
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It's not like capitalism won't break down and fail one day. Like all the other economical systems before it. Capitalism will meet it self conflicting elements and self destroy itself.

Once all the jobs are gone to China, for 2 bucks a day.
Who will have any money to buy all the products?

Every system has its conflicting problems that eventually brings the whole thing down.
Credit was put in to help capitalism from collapsing. But how long will that last?

A system only works as long as it works for the most of us. Once everything is monopolized by one. And eventually it will be , as that's the end goal of capitalism. How will a system that works for one person on earth be justifiable ?

Capitalism was fine, when it worked for most of us. But sinse the goal of it is to eventually win against everyone and take what they have, capitalism will one day self destruct.
 

Walter

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Jan 28, 2007
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It's not like capitalism won't break down and fail one day. Like all the other economical systems before it. Capitalism will meet it self conflicting elements and self destroy itself.

Once all the jobs are gone to China, for 2 bucks a day.
Who will have any money to buy all the products?

Every system has its conflicting problems that eventually brings the whole thing down.
Credit was put in to help capitalism from collapsing. But how long will that last?

A system only works as long as it works for the most of us. Once everything is monopolized by one. And eventually it will be , as that's the end goal of capitalism. How will a system that works for one person on earth be justifiable ?

Capitalism was fine, when it worked for most of us. But sinse the goal of it is to eventually win against everyone and take what they have, capitalism will one day self destruct.
You are so behind the times.
 

Angstrom

Hall of Fame Member
May 8, 2011
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You are so behind the times.

That's why a huge portion of the USA population is ready to embrace Bernie Sanders.

Because the self conflicting elements in capitalism are breaking the system down, to where it only works for the very few rich. ;)
 

Walter

Hall of Fame Member
Jan 28, 2007
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That's why a huge portion of the USA population is ready to embrace Bernie Sanders.

Because the self conflicting elements in capitalism are breaking the system down, to where it only works for the very few rich. ;)
Not as big as the one supporting the GOP.
 

Angstrom

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May 8, 2011
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And a other huge portion of the voters want to vote for trump, who they think he will bring capitalism back to when it wasn't so monopolized and was working for the most of us. ;)

Every system runs its course and eventually breaks down :lol:

You would have to be a fool to think, that you can take capitalism back in time when it worked for more of us, though. ;)

The whole point of capitalism is a competition. Eventually someone will win and own everything on earth :lol:
 

Walter

Hall of Fame Member
Jan 28, 2007
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And a other huge portion of the voters want to vote for trump, who they think he will bring capitalism back to when it wasn't so monopolized and was working for the most of us. ;)

Every system runs its course and eventually breaks down :lol:

You would have to be a fool to think, that you can take capitalism back in time when it worked for more of us, though. ;)

The whole point of capitalism is a competition. Eventually someone will win and own everything on earth :lol:
Bono: “Capitalism takes more people out of poverty than aid” | The Beacon
 

Angstrom

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May 8, 2011
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It once did, but as the conflicting elements keep working, Eventually one persons will own all the wealth of the world. That's the whole point of the system. To win everything. And with time, someone will achieve it :lol:

In the 1970 500 people owned as much as the bottoms half of the planet.
Today 62 people own as much as the bottom half. ;)

Eventually. One person will win, and have everything ;)

Earlier in the game when the wealth was more distributed equally, capitalism worked fine.

That's why everyone wishes to go back to the 1950-1960 when capitalism worked and made everyone's life better.
 

JLM

Hall of Fame Member
Nov 27, 2008
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It once did, but as the conflicting elements keep working, Eventually one persons will own all the wealth of the world. That's the whole point of the system. To win everything. And with time, someone will achieve it :lol:

In the 1970 500 people owned as much as the bottoms half of the planet.
Today 62 people own as much as the bottom half. ;)

Eventually. One person will win, and have everything ;)

Earlier in the game when the wealth was more distributed equally, capitalism worked fine.

That's why everyone wishes to go back to the 1950-1960 when capitalism worked and made everyone's life better.


You don't think that once the risk of that happening seems obvious that one person may get him/herself killed? :) :)
 

Angstrom

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May 8, 2011
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You don't think that once the risk of that happening seems obvious that one person may get him/herself killed? :) :)

Even if he did, get killed. By wining the game he has essentially destroyed himself.

It's the greatest conflict within the system of capitalism. Like all systems befor it. They eventually self destroy themselves.

This has happened before. I'm not even saying capitalism is a bad system. It was much better then the one befor it.


Most likely. We are going to see a transfer of people to a new game (economical system). Where the majority feels that the system works for them.
Like kids quiting a game at the park with other friends when only one or two of the kids benefit from the rules after playing for a while.

No one wants to play a game that doesn't benefit you or that you have no chance of winning. :lol:
That's what cliffy is essentially saying. ;)

So they pout on the side line and are a burden to the game, until enough people decide to get together and start a new game of their own.

When will that tipping point happen? Whenever our economic game system no longer benefits the majority.

That's going to happen eventually. It's a mathematical certainty over a period of time of infinity. Eventually all the wealth will work itself to the very few at the top. :lol:

And when the majority at the bottom no longer benefit they will quit the game, and go play a diffrent game.

It's all as simple as a competitive game between kids at the park. That's all it is essentially ;)

And the agreement of the majority to play by the proposed rules.
 

Angstrom

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May 8, 2011
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There is no such system we can clame works. They all do their time and eventually destroy themselves from internal conflict.
 

JamesBondo

House Member
Mar 3, 2012
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side note:

There is an often repeated sentiment that communism sounds great on paper...IMO, it doesn't.

The communist manifesto is only a few thousand words. I suggest that you read it. I've read it. It sounds pretty ****ty to me.