capitalism, by definition, is a stupid and foolish human system
POSTED BY: 1kiki
UPDATED: Monday, January 13, 2025 18:50
VIEWED: 28147
PAGE 13 of 28
troll.
Quote:
Originally posted by THGRRI:
What you are describing is exactly what a bank does when it loans someone the money to buy a home. When the loan is paid off the bank made a profit and the homeowner owns a home worth considerably more than the purchase price. This hopefully makes up for the interest paid on the loan. Both made out.
Not to mention the people who built the home. The people who are hired to maintain the home. I,E, new roof or plumbers, maybe landscapers, you get the point.
si shen
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
NOTIFY: N | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by SIGNYM:
Scrolling thru the thread, I came across this Geezer gemQuote:I call this tactic "flinging poo while running away". Geezer, I see, failed to answer his own question and then ran away.
Just wanted to confirm that you are going to stereotype anyone who runs a business in which they have invested their capital - be it money, time, skills, etc. - as interested in only profit to the exclusion of everything else. You didn't disappoint.
The problem with capitalism is that it's a form of rentier economy... where people collect money just because they own something. Sometimes, people own apartments or houses. Sometimes they own farmland. Sometimes they own the means of production; "profit" is the "rent" that a worker pays in order to use the tools to make stuff for the owner.(Hmmm... when I put it that way, it really IS screwed up, isn't it?)
In it's most abstract form, if you're a bank you "own" money. Even better- not only do you "own" the deposits (BTW, those of you who have money in a bank account, you should be aware that it is not YOUR money. You're considered an unsecured lender, and if the bank runs into serious financial difficulties your account is forfeit, according to the "bail-in" provisions that the FDIC and the Bank of England signed back in 2012 http://www.bankofengland.co.uk/publications/Documents/news/2012/nr156.
pdf) you can get to MAKE MONEY OUT OF NOTHING! Imagine! You "own" something that you can conjure more of out of thin air, with virtually no restrictions!
This is clearly no longer capitalism, but something far beyond.
What works better? What should we do?
si shen
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by 1kiki:
troll.Quote:
Originally posted by THGRRI:
What you are describing is exactly what a bank does when it loans someone the money to buy a home. When the loan is paid off the bank made a profit and the homeowner owns a home worth considerably more than the purchase price. This hopefully makes up for the interest paid on the loan. Both made out.
Not to mention the people who built the home. The people who are hired to maintain the home. I,E, new roof or plumbers, maybe landscapers, you get the point.
si shen
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
Yes we are and while I am open to suggestions, your bitching is just that, bitching.
si shen
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
What works better?
Well, first of all, let me describe capitalism as an ecology of virus and host.
Rampant capitalism is like Ebola - it quickly commandeers resources but also quickly kills its host. Does it 'work'? If you consider that it quickly commandeers resources as a model of efficient 'working' then it 'works'. If you consider ultimate ends where it kills off its host, then it fails to 'work'. Moderate capitalism is like HIV - it commandeers resources more slowly, giving it more time to spread - but ultimately it too will kill its host, and eventually killing off all its hosts over time.
The first thing we need to do is recognize that short-term success isn't a basis for long-term survival. We need to stop looking at immediate results and understand long-term ones.
The second thing we need to do is disavow the idea that it's OK to cheat people of the full value of their contributions when we can, even if it's only a few people, and even if it's just a little bit of value.
We need to get rid of the idea of PROFIT.
That's not to say that people shouldn't be rewarded for their work - like Chris,isall making models at home. In fact, getting rid of the idea of profit means that people will get the FULL reward for their work.
And it's not to say that people who own businesses shouldn't make money. If they manage the business, they should be paid the full value of that management work. If they work producing things in their business, they should get paid the full value of their labor. And if they invested their money, all that investment should be paid back to them with inflation compensation.
It's just that people who own a business shouldn't get a 'free money for nothing forever' card.
We can keep everything the same, and just get rid of 'profit'.
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
NOTIFY: N | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
That is called Socialism and it does not work. Look I agree with treating people fairly and investing with the future in mind but the rest is Socialism which has proven itself to be every bit as corrupt if not more so that Capitalism.
Environmental Conditions
"In the Soviet system, environmentally threatening incidents such as the bursting of an oil pipeline received little or no public notice, and remedial actions were slow or nonexistent. Government officials felt that natural resources were abundant enough to afford waste, that the land could easily absorb any level of pollution, and that stringent control measures were an unjustifiable hindrance to economic advancement. In the 1990s, after decades of such practices, the government categorized about 40 percent of Russia's territory (an area about three-quarters as large as the United States) as under high or moderately high ecological stress. Excluding areas of radiation contamination, fifty-six areas have been identified as environmentally degraded regions, ranging from full-fledged ecological disaster areas to moderately polluted areas.
Air Quality
Although reductions in industrial production caused air quality indexes to improve somewhat in the 1990s, Russia's air still rates among the most polluted in the world. According to one estimate, only 15 percent of the urban population breathes air that is not harmful. Experts fear that a return to full industrial production will mean even more dangerous levels of air pollution given Russia's current inefficient pollution control technology. Of the 43.8 million tons of pollutants discharged into the open air in 1993, about 18,000 industrial enterprises generated an estimated 24.8 million tons. Vehicle emissions added 19 million tons".
http://countrystudies.us/russia/25.htm
Or I could just say:
si shen
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
I don't think you know the definition of socialism, you failed to read my post and ONCE AGAIN you've used this as an opportunity to push your anti-Russia bias. Troll.
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
NOTIFY: N | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:This threatens my fantasy of having a job doing basically nothing but making millions a year...
Originally posted by 1kiki:
It's just that people who own a business shouldn't get a 'free money for nothing forever' card.
We can keep everything the same, and just get rid of 'profit'.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
1kiki
I don't think you know the definition of socialism.
I hear you speak to its merits day after day. If you don’t recognize that then you should take the time to research it.
si shen
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Originally posted by 1kiki:
It's just that people who own a business shouldn't get a 'free money for nothing forever' card.
We can keep everything the same, and just get rid of 'profit'.
Originally posted by chrisisall:
This threatens my fantasy of having a job doing basically nothing but making millions a year...
But what if you traded this for the security of KNOWING you, your family, your son's future family, and THEIR families - would always be economically comfortable.
SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.
NOTIFY: N | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME