I didn't expect you to "get it".Based on what? The Turnip Standard?
I didn't expect you to "get it".Based on what? The Turnip Standard?
Il Dope's working on that.
Jacinda Ardern Says Economic Growth Is Pointless If People Aren't Thriving
New Zealand’s new well-being budget focuses on mental health and poverty reduction.
New Zealand Prime Minister Jacinda Ardern criticized the tendency among countries to measure success by economic growth and gross domestic product at the 2019 Goalkeepers event on Wednesday, hosted by the Bill & Melinda Gates Foundation.
Ardern said that governments should instead focus on the general welfare of citizens and make investments in areas that unlock human potential. She pointed to New Zealand's new well-being budget that seeks to expand mental health services, reduce child poverty and homelessness, promote Indigenous rights, fight climate change, and expand opportunities.
"Economic growth accompanied by worsening social outcomes is not success," Ardern said. "It is failure."
She said the global obsession with economic growth as the ultimate measure of success intensified in the 1980s, when countries around the world began to cut social safety nets and promote privatization. As a result, inequality began to soar, with some people becoming spectacularly wealthy while others struggled to escape poverty.
Ardern has become a champion of changing this framework. She advocates for a new paradigm of success that uses the United Nations' Global Goals as its guiding set of principles.
She said every policy pursued by a government should improve the human welfare of all people in a society.
In New Zealand, that involves the Indigenous Maori people, who have historically faced widespread discrimination and social exclusion. Since taking office, Ardern has struggled to better include Maori voices in decision-making processes.
The prime minister has also emphasized the link between human well-being and the environment, and has vowed to phase out fossil fuel subsidies to combat climate change.
"There is no point in subsidizing the climate change we seek to [fight]," she said.
More: https://www.globalcitizen.org/en/content/jacinda-ardern-goalkeepers-unga-2019
Fewer and fewer, not less and less.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.
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 .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.
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.Then, it's straight exchange. Profit requires that one party gets a bit more for the exchange than the other. I suppose, in the broader sense, both parties "profit" from making exchanges but actual profit interest on your investment requires that you get a little bit more for your product than it's really worth.
No margin, no profit, no capitalism.
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.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.
If you have no turnips or chickens then what?
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].Define profit.
Does every chicken farmer apply the identical resources to raise a chicken?
Further, without profit, there is little chance of expansion
It is that.Money is the barter system.