Are the .1% are shooting themselves in the foot by hording?

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Daniel89
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12 Nov 2017, 11:18 am

GnosticBishop wrote:
Daniel89 wrote:
GnosticBishop wrote:
Daniel89 wrote:
GnosticBishop wrote:
Daniel89 wrote:
Yes and people will spend money on things they need more hence capitalist countries being able to feed their people while millions starved in communist countries whilst they wasted time on resources going into space as an act of propaganda.


I guess that you can ignore that the same conditions and capitalist mind set that has also led to much hardship in countries that have had toxic capitalism impoverish them.

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DL

Such as....




Such as everywhere we pull profits out of and bring home instead of putting a fair share into the country we have taken them out of.

Toxic capitalism adds to the inequality of nations instead of bringing both closer by sharing profits.

That is why there are still third world nations instead of us pulling everyone into a second of first world.

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DL


That's not an answer can you name a specific country that has had mass starvation because it was capitalist?


Not necessarily starvation. That link speaks of Iraq but hints at everywhere where we have military bases.

You might also look at India and Iran where toxic capitalism and it's effects and atrocities are still being spoken of today.

https://www.youtube.com/watch?v=f7CW7S0zxv4

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DL


Colonialism is not capitalism. Capitalism is about property rights, colonialism is about stealing.



GnosticBishop
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12 Nov 2017, 3:51 pm

Daniel89 wrote:
[

Colonialism is not capitalism. Capitalism is about property rights, colonialism is about stealing.


They are joined at the hip.

Colonialism was pushing a capitalist based economic system.

If you do not think so, tell us what economic system were the British using.

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DL



RetroGamer87
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12 Nov 2017, 4:13 pm

GnosticBishop wrote:
RetroGamer87 wrote:
GnosticBishop wrote:
RetroGamer87 wrote:
Before you start a revolution I suggest you read Animal Farm.


I may not get what you got from it.

Just look at how many theists become atheists after reading the bible.

If you have a message to say to those here, say it my friend.

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DL

Animal farm depicts how easily those who start a revolution with intent to build a perfect society can fall into the same corruption as the rulers they rebelled against.


True, but there are success stories like the French Revolution that arguably led to Western democracy and the U.S. civil war that ended slavery.

I hope you would not want slavery to still be with us or no democratic system in the world.

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DL

I'm not sure if I'd call the French Revolution a success story. Remember that the French First Republic only lasted a for few years. They had so much chaos after the revolution that a few years later they voluntarily gave control of their country to another monarch in hopes that he would restore order (he didn't).

The American Revolution was much more successful. They certainly didn't bring in another monarch a few years later. They remained successful for nearly 200 years. They lasted much longer than the French First Republic. Nowadays their rulers might have more in common with George III than with George Washington. The founding fathers established a very good system and the cronies have been working very hard for over 200 years to subvert all the checks and balances that were designed to prevent them from getting power. In the last 60 years they've slowly started succeeding. Given enough time they'll create a government that George III would approve of.


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GnosticBishop
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12 Nov 2017, 4:32 pm

RetroGamer87 wrote:
GnosticBishop wrote:
RetroGamer87 wrote:
GnosticBishop wrote:
RetroGamer87 wrote:
Before you start a revolution I suggest you read Animal Farm.


I may not get what you got from it.

Just look at how many theists become atheists after reading the bible.

If you have a message to say to those here, say it my friend.

Regards
DL

Animal farm depicts how easily those who start a revolution with intent to build a perfect society can fall into the same corruption as the rulers they rebelled against.


True, but there are success stories like the French Revolution that arguably led to Western democracy and the U.S. civil war that ended slavery.

I hope you would not want slavery to still be with us or no democratic system in the world.

Regards
DL

I'm not sure if I'd call the French Revolution a success story. Remember that the French First Republic only lasted a for few years. They had so much chaos after the revolution that a few years later they voluntarily gave control of their country to another monarch in hopes that he would restore order (he didn't).

The American Revolution was much more successful. They certainly didn't bring in another monarch a few years later. They remained successful for nearly 200 years. They lasted much longer than the French First Republic. Nowadays their rulers might have more in common with George III than with George Washington. The founding fathers established a very good system and the cronies have been working very hard for over 200 years to subvert all the checks and balances that were designed to prevent them from getting power. In the last 60 years they've slowly started succeeding. Given enough time they'll create a government that George III would approve of.


We do not read the older history of the U.S. the same way.

When did women get the vote and why was it so long after women got it in Europe.

When did the blacks get it and why are they still subject to what is basically a pole tax due to intentional line ups that take 6 hours to get through in predominantly black communities are?

Why is there still many who want to segregate blacks in their own schools even as we speak?

What happened to the government by the people. for the people, when the government is bought and paid for by your oligarch owners who put legislation to have them gain more cash while the rest go wanting?

https://www.youtube.com/watch?v=33o32C0ogVM

Regards
DL



GnosticBishop
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12 Nov 2017, 4:39 pm

RetroGamer87 wrote:

I'm not sure if I'd call the French Revolution a success story.



https://www.google.ca/search?source=hp& ... mgKO9w3L5M

Based on my reading, neither would I except for the fact that that started them and us on the way to democracy.

Democracy has been hijacked by the rich world wide but it is still better than before.

Thank God the French had the balls to stand up to their oppressors and that the U.S. had the intel;ligence and balls to follow that good example.

It is a shame that the U.S. as the leader of the Western world has lost his balls and will not really take on our rich oppressors.

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DL



Daniel89
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12 Nov 2017, 10:21 pm

GnosticBishop wrote:
Daniel89 wrote:
[

Colonialism is not capitalism. Capitalism is about property rights, colonialism is about stealing.


They are joined at the hip.

Colonialism was pushing a capitalist based economic system.

If you do not think so, tell us what economic system were the British using.

Regards
DL


Feudalism the aristocracy stole land and then forced people to pay rent on land they had previously owned, they the forced them to pay taxes to enrich themselves. Capitalism is about property rights the Aristocracy (the government) being able to seize your property is not capitalism.



RetroGamer87
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12 Nov 2017, 11:24 pm

What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


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Daniel89
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12 Nov 2017, 11:49 pm

RetroGamer87 wrote:
What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


I would consider it theft or at least corruption. Most of humanities economic problems come from corruption whether they are capitalist, socialist or whatever else.



GnosticBishop
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13 Nov 2017, 8:12 am

Daniel89 wrote:
GnosticBishop wrote:
Daniel89 wrote:
[

Colonialism is not capitalism. Capitalism is about property rights, colonialism is about stealing.


They are joined at the hip.

Colonialism was pushing a capitalist based economic system.

If you do not think so, tell us what economic system were the British using.

Regards
DL


Feudalism the aristocracy stole land and then forced people to pay rent on land they had previously owned, they the forced them to pay taxes to enrich themselves. Capitalism is about property rights the Aristocracy (the government) being able to seize your property is not capitalism.


Thanks for this.

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DL



GnosticBishop
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13 Nov 2017, 8:21 am

Daniel89 wrote:
RetroGamer87 wrote:
What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


I would consider it theft or at least corruption. Most of humanities economic problems come from corruption whether they are capitalist, socialist or whatever else.


We are supposed to be living in a democracy. Sure, there is corruption, mostly at the top tiers, but that is not the cause of our problems.

The cause of our problem is that those who are supposed to be in power, --- those in the lower tiers in a government of the people and for the people, --- are the problem because we do not force those at the top to stop.

We the people are letting the financial institution and the economy do as it likes instead of controlling it as we should. We let the tail wag the dog and we are not barking or biting.

Regards
DL



Daniel89
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13 Nov 2017, 8:48 am

GnosticBishop wrote:
Daniel89 wrote:
RetroGamer87 wrote:
What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


I would consider it theft or at least corruption. Most of humanities economic problems come from corruption whether they are capitalist, socialist or whatever else.


We are supposed to be living in a democracy. Sure, there is corruption, mostly at the top tiers, but that is not the cause of our problems.

The cause of our problem is that those who are supposed to be in power, --- those in the lower tiers in a government of the people and for the people, --- are the problem because we do not force those at the top to stop.

We the people are letting the financial institution and the economy do as it likes instead of controlling it as we should. We let the tail wag the dog and we are not barking or biting.

Regards
DL


Depends what you mean controlling it, regulating that they cannot pollute or pay below a certain wage is one thing but treating private enterprises like they are public assets is another. Democracy means electing our leaders it does not mean mobocracy in which the majority seeks to forces its will on the minority.



GnosticBishop
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13 Nov 2017, 9:14 am

Daniel89 wrote:
GnosticBishop wrote:
Daniel89 wrote:
RetroGamer87 wrote:
What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


I would consider it theft or at least corruption. Most of humanities economic problems come from corruption whether they are capitalist, socialist or whatever else.


We are supposed to be living in a democracy. Sure, there is corruption, mostly at the top tiers, but that is not the cause of our problems.

The cause of our problem is that those who are supposed to be in power, --- those in the lower tiers in a government of the people and for the people, --- are the problem because we do not force those at the top to stop.

We the people are letting the financial institution and the economy do as it likes instead of controlling it as we should. We let the tail wag the dog and we are not barking or biting.

Regards
DL


Depends what you mean controlling it, regulating that they cannot pollute or pay below a certain wage is one thing but treating private enterprises like they are public assets is another. Democracy means electing our leaders it does not mean mobocracy in which the majority seeks to forces its will on the minority.


Democracy is mob rule if the mob are the majority.

Private enterprises that we have to bail out should become public assets as it is the public that does the bailing out.

As to our G D elected officials. They are owned, just as you and I are, by our oligarch masters.

http://www.upworthy.com/20-years-of-dat ... b014efbf27

http://www.bbc.com/news/blogs-echochambers-27074746

Trumps tax break to the rich should be showing you who rules and for whose benefit.

Regards
DL



Daniel89
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13 Nov 2017, 9:37 am

GnosticBishop wrote:
Daniel89 wrote:
GnosticBishop wrote:
Daniel89 wrote:
RetroGamer87 wrote:
What about when citizens tax dollars are used for a corporate bailout? Does that count as theft?


I would consider it theft or at least corruption. Most of humanities economic problems come from corruption whether they are capitalist, socialist or whatever else.


We are supposed to be living in a democracy. Sure, there is corruption, mostly at the top tiers, but that is not the cause of our problems.

The cause of our problem is that those who are supposed to be in power, --- those in the lower tiers in a government of the people and for the people, --- are the problem because we do not force those at the top to stop.

We the people are letting the financial institution and the economy do as it likes instead of controlling it as we should. We let the tail wag the dog and we are not barking or biting.

Regards
DL


Depends what you mean controlling it, regulating that they cannot pollute or pay below a certain wage is one thing but treating private enterprises like they are public assets is another. Democracy means electing our leaders it does not mean mobocracy in which the majority seeks to forces its will on the minority.


Democracy is mob rule if the mob are the majority.

Private enterprises that we have to bail out should become public assets as it is the public that does the bailing out.

As to our G D elected officials. They are owned, just as you and I are, by our oligarch masters.

http://www.upworthy.com/20-years-of-dat ... b014efbf27

http://www.bbc.com/news/blogs-echochambers-27074746

Trumps tax break to the rich should be showing you who rules and for whose benefit.

Regards
DL


Someone having less of their money taken from them does not mean I am owned by them. You make it sound like all companies were bailed out the vast majority of private companies were not and actually paid for the bailout with their tax money.



GnosticBishop
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13 Nov 2017, 12:34 pm

Daniel89 wrote:
GnosticBishop wrote:

Someone having less of their money taken from them does not mean I am owned by them. You make it sound like all companies were bailed out the vast majority of private companies were not and actually paid for the bailout with their tax money.


The rich having control of your government and not paying their fair share of taxes means that the rest of us have to make up the shortfall ands that we are owned and or slaved to them.

Who paid for the bail out and whose cash went form the lower tiers to the higher tiers if not Joe average and smaller companies?

Regards
DL



RetroGamer87
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13 Nov 2017, 6:43 pm

The vast majority of private companies are small. The ones that got bailed out were big.
If small companies are forced to support big companies, they will remain small.


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14 Nov 2017, 3:04 am

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