Capitalism can not eradicate poverty

[AnnaG]

There is no state control inherent in communism - the basic tenet of communism/socialism is the workers control over the means of production and the abolition of private property. This can also be achieved with anarcho-communism, the absence of a state.

Oh, ffs. As I said before, point out one communist country where the the people have the power and not the State.
You keep spewing your rhetoric and yet cannot produce one example where it has actually worked. That is ideology, fanaticism, extremism, zealotry, cultism.

 

[HarperCons]

lol Zealot? What else would you call an ideologue other than extremist or fanatic?

You still don't understand you are the ideologue.

Exactly and that is why I agree with what Galbraith said about being governed by corporations. Governments are corporate puppets.

The government is made up of the wealthy class that corporate owners are a part of as well. This class makes their wealth off the working class - that's capitalism for you.

 

[Ludlow]

There is no state control inherent in communism - the basic tenet of communism/socialism is the workers control over the means of production and the abolition of private property. This can also be achieved with anarcho-communism, the absence of a state.

pipe dream

 

[AnnaG]

You still don't understand you are the ideologue.

You are right about that. If I am an ideologue about anything it is that I am convinced that humans are not perfect and cannot produce a perfect economic system and stick to it because of our imperfections.

The government is made up of the wealthy class that corporate owners are a part of as well. This class makes their wealth off the working class - that's capitalism for you.

Actually, corporate owners are shareholders. Even the working classes can have shares. DO you know how Buffett made most of his billions? It started by simply doing some physical work and then by investing in companies' shares; companies like Coca Cola and GE.
In communist countries, people greedy for power became powerful and formed the authoritarian and totalitarian gov'ts. Your ideology is no better than any other ideology.

 

[HarperCons]

Oh, ffs. As I said before, point out one communist country where the the people have the power and not the State.
You keep spewing your rhetoric and yet cannot produce one example where it has actually worked. That is ideology, fanaticism, extremism, zealotry, cultism.

Do you know what rhetoric means? I'm telling you what the basic ideas of capitalism/socialism are.

You are right about that. If I am an ideologue about anything it is that I am convinced that humans are not perfect and cannot produce a perfect economic system and stick to it because of our imperfections.

Humans being imperfect doesn't mean a better system, a significantly better system, can be had over capitalism.

Actually, corporate owners are shareholders. Even the working classes can have shares. DO you know how Buffett made most of his billions? It started by simply doing some physical work and then by investing in companies' shares; companies like Coca Cola and GE.
In communist countries, people greedy for power became powerful and formed the authoritarian and totalitarian gov'ts. Your ideology is no better than any other ideology.

Buffett was from a vastly wealthy family, his father was a rich business man and a member in the U.S congress (a typical feature of capitalism, businessmen and government working together to enrich themselves) .. He was not your regular working class citizen, he had the opportunities most people could not afford.

 

[AnnaG]

Do you know what rhetoric means? I'm telling you what the basic ideas of capitalism/socialism are.

.... along with an occasional insult and foam at the mouth when you bemoan capitalism and praise the god of communism..

Humans being imperfect doesn't mean a better system, a significantly better system, can be had over capitalism.

Show us one.

Buffett was from a vastly wealthy family, his father was a rich business man and a member in the U.S congress (a typical feature of capitalism, businessmen and government working together to enrich themselves) .. He was not your regular working class citizen, he had the opportunities most people could not afford.

Very wealthy family? His family had a grocery store. Not a chain of grocery stores, just A grocery store. And his father had a small brokerage. Very wealthy. uhuh :roll:

How did Warren Buffett get started in business?

 

[JLM]

There's only one thing that will eradicate poverty.................................................................... money!

.... along with an occasional insult and foam at the mouth when you bemoan capitalism and praise the god of communism..

Show us one.

Very wealthy family? His family had a grocery store. Not a chain of grocery stores, just A grocery store. And his father had a small brokerage. Very wealthy. uhuh :roll:

How did Warren Buffett get started in business?

Attaining wealth is always simple.................buy low and sell high!

 

[AnnaG]

There's only one thing that will eradicate poverty.................................................................... money!



Attaining wealth is always simple.................buy low and sell high!

Nope. The best method is steady payments into stocks that have a long-term tendency to grow.

 

[JLM]

Nope. The best method is steady payments into stocks that have a long-term tendency to grow.

Depends, that is a damn good strategy if you don't want to be studying the markets every day. What you suggest is called dollar cost averaging and it works well over the long haul. But it's best to do both.

 

[Walter]

The best method is steady payments into stocks that have a long-term tendency to grow.

Like tobacco stock.

 

[AnnaG]

Like tobacco stock.

Or Coca Cola, GE, Walt Disney, Intel, etc.

Depends, that is a damn good strategy if you don't want to be studying the markets every day. What you suggest is called dollar cost averaging and it works well over the long haul. But it's best to do both.

If you have your beak glued to the markets all day and everyday I suppose you can make a fair bunch of money by the BLSH method. It's a lot riskier than bluechips and jr. bluechips, though.

 

[Walter]

Or Coca Cola, GE, Walt Disney

Own two out of three.

 

[AnnaG]

Cool. We have a few, as well, in banks, a little bit in energy, a fair bunch in manufacturing and tech.

 

[captain morgan]

Do you know what rhetoric means? I'm telling you what the basic ideas of capitalism/socialism are.

Hilarious... Anna has rebutted each and every rhetorical comment you lean on (how ironic, non?) and yet, you still have no response other than empty platitudes and idealistic rants.

Congratulations, you are, without question, the most irrational ideologue I could imagine, and no doubt, a faithful stormtrooper for 'the cause'.

 

[JLM]

Hilarious... Anna has rebutted each and every rhetorical comment you lean on (how ironic, non?) and yet, you still have no response other than empty platitudes and idealistic rants.

Congratulations, you are, without question, the most irrational ideologue I could imagine, and no doubt, a faithful stormtrooper for 'the cause'.

It takes all kinds, Capt.!

 

[captain morgan]

To each their own JLM, but buddy is just such an insufferable ideologue that his/her comments warrant the kind of response I offered

 

[JLM]

Or Coca Cola, GE, Walt Disney, Intel, etc.

If you have your beak glued to the markets all day and everyday I suppose you can make a fair bunch of money by the BLSH method. It's a lot riskier than bluechips and jr. bluechips, though.

Wife's bro-in-law is like that, he's a millionaire but it's a sickness, from what I hear he's even too cheap to buy blood pressure medication. Wife's sister caught hell for buying a $9 iron one time. Thankfully they live about 80 miles from Edmonton so don't see them too often, usually when somebody dies.

To each their own JLM, but buddy is just such an insufferable ideologue that his/her comments warrant the kind of response I offered

Yeah, there's quite a few good opinions here & some that are good for laughs. As long as they're not nasty they don't bother me.

Or Coca Cola, GE, Walt Disney, Intel, etc.

If you have your beak glued to the markets all day and everyday I suppose you can make a fair bunch of money by the BLSH method. It's a lot riskier than bluechips and jr. bluechips, though.

When I first saw it written like I thought you were talking about the bullsh*t method. I basically invest in mutual funds, they are fairly safe and the humps and troughs are evened out a bit. Heard a guy talking on the radio many years ago, he knew bugger all about finance or investing but retired at age 35 after spending his time up to then investing in soap and tooth paste. Makes sense to me.

 

[MHz]

Like tobacco stock.

Buffalo coats? Wait, that fashion went out of style after the starvation of a certain people was assured.

 

[HarperCons]

.... along with an occasional insult and foam at the mouth when you bemoan capitalism and praise the god of communism..

Show us one.

Very wealthy family? His family had a grocery store. Not a chain of grocery stores, just A grocery store. And his father had a small brokerage. Very wealthy. uhuh :roll:

How did Warren Buffett get started in business?

Are you this insufferable and this wrong all the time, irl?

Hilarious... Anna has rebutted each and every rhetorical comment you lean on (how ironic, non?) and yet, you still have no response other than empty platitudes and idealistic rants.

Congratulations, you are, without question, the most irrational ideologue I could imagine, and no doubt, a faithful stormtrooper for 'the cause'.

You're a goofy little liberal demagogue. Give me just one example of anything she successfully rebutted.

To each their own JLM, but buddy is just such an insufferable ideologue that his/her comments warrant the kind of response I offered

You've never been a good debater, not sure it's a sign of mental deficiency or just bad opinions difficult to back up.

 

[AnnaG]

Wife's bro-in-law is like that, he's a millionaire but it's a sickness, from what I hear he's even too cheap to buy blood pressure medication. Wife's sister caught hell for buying a $9 iron one time. Thankfully they live about 80 miles from Edmonton so don't see them too often, usually when somebody dies.

I suppose some people lose themselves in it easier than others. Personally, and speaking for Les as well, we are comfortable and we make sure our kids are comfy. After that we help other people: kids in South Am that need schooling, or families that can use goats and chickens, homes for the homeless. It is most likely that if there is anywhere to go after death, it will not use currency and stuff so we might as well share what extra dough we feel like sharing.

When I first saw it written like I thought you were talking about the bullsh*t method. I basically invest in mutual funds, they are fairly safe and the humps and troughs are evened out a bit. Heard a guy talking on the radio many years ago, he knew bugger all about finance or investing but retired at age 35 after spending his time up to then investing in soap and tooth paste. Makes sense to me.

Yeah, that occurred to me after I looked at my acronym. lol
We have a couple mutual funds as well. They are fairly solid and although the return is not huge per year, it adds up.

Are you this insufferable and this wrong all the time, irl?

aawww Did I hurt your littow feewings by pointing out your comical errors?
Show me a commie country that has succeeded. You make the claim, you back it up. So far all you've done is spew your idealistic rhetoric. Just like a balloon with a leak; at best you make sounds like farts.