Page 3 of 4 [ 49 posts ]  Go to page Previous  1, 2, 3, 4  Next

Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

11 Apr 2018, 8:49 am

DarthMetaKnight wrote:
NoClearMind53 wrote:
You see, the exchange value of a product doesn't always represent the cost of production. Even if you could build a house equally cheap in the city as in the country, you can sell it for far more in the city.


Yeah. This is one aspect of capitalism that "libertarians" like to ignore.

https://en.wikipedia.org/wiki/Surplus_value

Let's say you buy a chair for 100 dollars. Chances are, the employee who built the chair got 10 dollars for making it. The employer got 90 dollars.


In reality the majority of the price of something goes into the cost of buying the materials for something and then manufacturing it.



Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

11 Apr 2018, 8:51 am

NoClearMind53 wrote:
Daniel89 wrote:
If things are getting cheaper then yes that is wealth being created because the lowering of the price is because an increase in supply.

You have to pay attention to where the "cheapness" is coming from. In some cases it's simply a case of production being shipped to places where people can be paid far less. You can't just ignore the fact that people have to be paid for an economy to function.

Quote:
Money is simply a tool its not wealth in of itself.

I agree. It's the capitalist cheer-leaders who constantly assert that money is wealth. Just because a stock price rises doesn't mean wealth has been created.


Yes but by shipping those jobs overseas you create jobs there and the customer still gets lower prices. I did not ignore people getting paid for an economy to function.



DarthMetaKnight
Veteran
Veteran

User avatar

Joined: 16 Feb 2010
Gender: Male
Posts: 6,105
Location: The Infodome

11 Apr 2018, 8:54 am

Daniel89 wrote:
All countries are mixed economies. Scandinavia is absolutely capitalist and less regulated than the US it ranks higher with economic freedom.


So ... you admit that Scandinavia has great economic liberty ... which you like.

... even though the Scandinavians allow "welfare bums" to breed like rabbits.

Why are you arguing with me then? There are a ton of people out there who would call you a commie. Why not argue with them? Why not tell them that Scandinavia has a freer economy than America?

I'm obviously not a big threat to the world that you consider to be ideal, given that we both have so much respect for the Nordic model.

Quote:
Many potential inventors may not be motivated by money but many will why not have both groups working to advance society?


I'm pretty sure that people who are obsessed with money usually become bankers ... or accountants ... or stock traders ... or business owners.

If those inventors were truly driven by a money obsession, they would be trying to own a company, not design its products.


_________________
Synthetic carbo-polymers got em through man. They got em through mouse. They got through, and we're gonna get out.
-Roostre

READ THIS -> https://represent.us/


NoClearMind53
Deinonychus
Deinonychus

Joined: 25 Mar 2018
Gender: Male
Posts: 369

11 Apr 2018, 8:56 am

Daniel89 wrote:
NoClearMind53 wrote:

The thing is the wealth of the developed world is no longer limited by technology. Technological innovation cannot provide an exponential increase in the standard of living forever. Eventually the curve will start to level off. Right now the biggest problem is all the gains of capitalism are being funneled to the top 10-20% at the expense of the rest. This is only sustainable when the advance of technology is marching ahead at an exponential pace, such that even those at the bottom experience some gain. That simply isn't happening anymore. More and more of the economy has migrated towards marketing and finance instead of development. More and more jobs are created just for the sake of pushing money around without actually doing anything productive. The derivatives market is a complete joke. None of the problems that caused the 2008 crash have been solved. The next crash is coming.



No system can create wealth forever that is true but we are a long way off from that point. The poor are becoming richer this is an indisputable fact and that is because of capitalism.


Only in undeveloped places. In the developed world the poor are increasing and the middle class is shrinking. In the US the poor are actually getting poorer because our f*****g politicians lie about the real level of inflation and refuse to raise the minimum wage. The problem isn't due to immigration either. That's just an obnoxious scapegoat thrown out there by the right to keep people's eyes off the billionaire class. The problem is capitalism is reaching it's peak and stagnating in the developed world. Even the expert economists at the OECD admit it. It's the real reason everyone is pissed off and turning into fascism. Everyone is afraid the west is losing its power (and it most likely is).



Last edited by NoClearMind53 on 11 Apr 2018, 9:01 am, edited 1 time in total.

NoClearMind53
Deinonychus
Deinonychus

Joined: 25 Mar 2018
Gender: Male
Posts: 369

11 Apr 2018, 9:00 am

Daniel89 wrote:
NoClearMind53 wrote:
Daniel89 wrote:
If things are getting cheaper then yes that is wealth being created because the lowering of the price is because an increase in supply.

You have to pay attention to where the "cheapness" is coming from. In some cases it's simply a case of production being shipped to places where people can be paid far less. You can't just ignore the fact that people have to be paid for an economy to function.

Quote:
Money is simply a tool its not wealth in of itself.

I agree. It's the capitalist cheer-leaders who constantly assert that money is wealth. Just because a stock price rises doesn't mean wealth has been created.


Yes but by shipping those jobs overseas you create jobs there and the customer still gets lower prices. I did not ignore people getting paid for an economy to function.


Why do you right-wingers constantly b***h about immigrants coming, pushing down wages, and taking your jobs, yet shipping jobs overseas is perfectly A-OK? It's the same damn thing. You're completely irrational. Who gives a s**t if the customer gets lower prices if they can't even find a job.



DarthMetaKnight
Veteran
Veteran

User avatar

Joined: 16 Feb 2010
Gender: Male
Posts: 6,105
Location: The Infodome

11 Apr 2018, 9:00 am

Daniel89 wrote:
No system can create wealth forever that is true but we are a long way off from that point. The poor are becoming richer this is an indisputable fact and that is because of capitalism.


Poor people are becoming richer because of the social safety net.

When capitalism was originally created, the proletariat were dirt poor. A social safety net solved that.

You say a country with a social safety net is still capitalist? Fine. This means that these two different varieties of capitalism are very different from one another.

You can't give "capitalism" all the credit, when only one type of capitalism helps poor people in the slightest.


_________________
Synthetic carbo-polymers got em through man. They got em through mouse. They got through, and we're gonna get out.
-Roostre

READ THIS -> https://represent.us/


Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

11 Apr 2018, 9:00 am

DarthMetaKnight wrote:
Daniel89 wrote:
All countries are mixed economies. Scandinavia is absolutely capitalist and less regulated than the US it ranks higher with economic freedom.


So ... you admit that Scandinavia has great economic liberty ... which you like.

... even though the Scandinavians allow "welfare bums" to breed like rabbits.

Why are you arguing with me then? There are a ton of people out there who would call you a commie. Why not argue with them? Why not tell them that Scandinavia has a freer economy than America?

I'm obviously not a big threat to the world that you consider to be ideal, given that we both have so much respect for the Nordic model.

Quote:
Many potential inventors may not be motivated by money but many will why not have both groups working to advance society?


I'm pretty sure that people who are obsessed with money usually become bankers ... or accountants ... or stock traders ... or business owners.

If those inventors were truly driven by a money obsession, they would be trying to own a company, not design its products.


I have never spoken against Scandinavia's economy nor claimed they have a problem with "Welfare bums" (that's an Americanism) Scandinavian culture looks down on people who exploit the system.

Off my head I can think of James Dyson I know he only makes hoovers, but I do imagine a lot of inventors would like to own their own company so they control their ideas.

I think society would be much better off if we had stronger IP laws and bankers were using their brains productively.



NoClearMind53
Deinonychus
Deinonychus

Joined: 25 Mar 2018
Gender: Male
Posts: 369

11 Apr 2018, 9:03 am

DarthMetaKnight wrote:
Daniel89 wrote:
No system can create wealth forever that is true but we are a long way off from that point. The poor are becoming richer this is an indisputable fact and that is because of capitalism.


Poor people are becoming richer because of the social safety net.

When capitalism was originally created, the proletariat were dirt poor. A social safety net solved that.

No. Organized labor was mostly responsible. Now organized labor is all but destroyed.



DarthMetaKnight
Veteran
Veteran

User avatar

Joined: 16 Feb 2010
Gender: Male
Posts: 6,105
Location: The Infodome

11 Apr 2018, 9:04 am

Daniel89 wrote:
DarthMetaKnight wrote:
NoClearMind53 wrote:
You see, the exchange value of a product doesn't always represent the cost of production. Even if you could build a house equally cheap in the city as in the country, you can sell it for far more in the city.


Yeah. This is one aspect of capitalism that "libertarians" like to ignore.

https://en.wikipedia.org/wiki/Surplus_value

Let's say you buy a chair for 100 dollars. Chances are, the employee who built the chair got 10 dollars for making it. The employer got 90 dollars.


In reality the majority of the price of something goes into the cost of buying the materials for something and then manufacturing it.


... but the business owner still makes more than the employee does.

... even though the employee usually has to work harder.


_________________
Synthetic carbo-polymers got em through man. They got em through mouse. They got through, and we're gonna get out.
-Roostre

READ THIS -> https://represent.us/


Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

11 Apr 2018, 9:05 am

NoClearMind53 wrote:
Only in undeveloped places. In the developed world the poor are increasing and the middle class is shrinking. In the US the poor are actually getting poorer because our f*****g politicians lie about the real level of inflation and refuse to raise the minimum wage. The problem isn't due to immigration either. That's just an obnoxious scapegoat thrown out there by the right to keep people's eyes off the billionaire class. The problem is capitalism is reaching it's peak and stagnating in the developed world. Even the expert economists at the OECD admit it. It's the real reason everyone is pissed off and turning into fascism. Everyone is afraid the west is losing its power (and it most likely is).


Immigration is absolutely making us poorer here in the UK they have increased UK property prices by 20%, they drive down wages too.

I do not accept people are getting poorer in the developed world. Look at a 30 year old today to a 30 year old 30 years ago, a phone you can carry around with you that has more power than any computer from 30 years ago, being able to travel the world for an affordable price, nicer food. We are much richer.



Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

11 Apr 2018, 9:06 am

DarthMetaKnight wrote:
Daniel89 wrote:
DarthMetaKnight wrote:
NoClearMind53 wrote:
You see, the exchange value of a product doesn't always represent the cost of production. Even if you could build a house equally cheap in the city as in the country, you can sell it for far more in the city.


Yeah. This is one aspect of capitalism that "libertarians" like to ignore.

https://en.wikipedia.org/wiki/Surplus_value

Let's say you buy a chair for 100 dollars. Chances are, the employee who built the chair got 10 dollars for making it. The employer got 90 dollars.


In reality the majority of the price of something goes into the cost of buying the materials for something and then manufacturing it.


... but the business owner still makes more than the employee does.

... even though the employee usually has to work harder.


Because the business owner risked money, the employee makes money even if the business owner doesn't.



NoClearMind53
Deinonychus
Deinonychus

Joined: 25 Mar 2018
Gender: Male
Posts: 369

13 Apr 2018, 7:29 am

Daniel89 wrote:
NoClearMind53 wrote:
Only in undeveloped places. In the developed world the poor are increasing and the middle class is shrinking. In the US the poor are actually getting poorer because our f*****g politicians lie about the real level of inflation and refuse to raise the minimum wage. The problem isn't due to immigration either. That's just an obnoxious scapegoat thrown out there by the right to keep people's eyes off the billionaire class. The problem is capitalism is reaching it's peak and stagnating in the developed world. Even the expert economists at the OECD admit it. It's the real reason everyone is pissed off and turning into fascism. Everyone is afraid the west is losing its power (and it most likely is).


Immigration is absolutely making us poorer here in the UK they have increased UK property prices by 20%, they drive down wages too.

I do not accept people are getting poorer in the developed world. Look at a 30 year old today to a 30 year old 30 years ago, a phone you can carry around with you that has more power than any computer from 30 years ago, being able to travel the world for an affordable price, nicer food. We are much richer.


How utterly stupid. Why don't you state some facts and figure, not just "muh i-phones". Having a f*****g phone is not of much help when you can't afford basics like rent and food. There are phones in India too, and also people who survive by rutting through garbage. The existence of technological luxuries doesn't prove that a society as a whole is more wealthy. It only proves that technology has advanced.

I have some sympathy for concerns over immigration. It has to be done at a slow enough pace such that people can successfully integrate into the culture and there are enough jobs for them to join the workforce. I'm not a supporter of free-for-all immigration. My problem is you fail to recognize that the source of the immigration problem is itself due to capitalism! For that you are nothing but a blind pathetic cucked cheer-leader for capitalism.

You also refuse to realize that the west would be experiencing economic stagnation regardless of immigration because you've been sold a lie by your masters. By all means, keep blaming immigrants for the stagnation brought on by capitalists destroying unions and shipping production to the third world. How patriotic your heroes are. :roll:



Last edited by NoClearMind53 on 13 Apr 2018, 7:37 am, edited 1 time in total.

NoClearMind53
Deinonychus
Deinonychus

Joined: 25 Mar 2018
Gender: Male
Posts: 369

13 Apr 2018, 7:31 am

Daniel89 wrote:
Because the business owner risked money, the employee makes money even if the business owner doesn't.

Yea. They risked money by closing factories and shipping jobs to Vietnam, just so they could give themselves a 200% raise. Pathetic. You people are so cucked. You can't face the fact that capitalism itself is failing, so you have to come up with other people to blame for why the economy isn't working like it used to. It's so scummy.



sly279
Veteran
Veteran

User avatar

Joined: 11 Dec 2013
Age: 37
Gender: Male
Posts: 16,181
Location: US

13 Apr 2018, 5:08 pm

If only we all could just print infinite money to smake solve our problems. I want a Legal money printing machine.



sly279
Veteran
Veteran

User avatar

Joined: 11 Dec 2013
Age: 37
Gender: Male
Posts: 16,181
Location: US

13 Apr 2018, 5:09 pm

Daniel89 wrote:
NoClearMind53 wrote:

The thing is the wealth of the developed world is no longer limited by technology. Technological innovation cannot provide an exponential increase in the standard of living forever. Eventually the curve will start to level off. Right now the biggest problem is all the gains of capitalism are being funneled to the top 10-20% at the expense of the rest. This is only sustainable when the advance of technology is marching ahead at an exponential pace, such that even those at the bottom experience some gain. That simply isn't happening anymore. More and more of the economy has migrated towards marketing and finance instead of development. More and more jobs are created just for the sake of pushing money around without actually doing anything productive. The derivatives market is a complete joke. None of the problems that caused the 2008 crash have been solved. The next crash is coming.



No system can create wealth forever that is true but we are a long way off from that point. The poor are becoming richer this is an indisputable fact and that is because of capitalism.


The USA middle class is shrinking and they aren’t joining the upper class.



Daniel89
Veteran
Veteran

User avatar

Joined: 5 Oct 2017
Gender: Male
Posts: 1,592

14 Apr 2018, 12:33 pm

NoClearMind53 wrote:
How utterly stupid. Why don't you state some facts and figure, not just "muh i-phones". Having a f*****g phone is not of much help when you can't afford basics like rent and food. There are phones in India too, and also people who survive by rutting through garbage. The existence of technological luxuries doesn't prove that a society as a whole is more wealthy. It only proves that technology has advanced.

I have some sympathy for concerns over immigration. It has to be done at a slow enough pace such that people can successfully integrate into the culture and there are enough jobs for them to join the workforce. I'm not a supporter of free-for-all immigration. My problem is you fail to recognize that the source of the immigration problem is itself due to capitalism! For that you are nothing but a blind pathetic cucked cheer-leader for capitalism.

You also refuse to realize that the west would be experiencing economic stagnation regardless of immigration because you've been sold a lie by your masters. By all means, keep blaming immigrants for the stagnation brought on by capitalists destroying unions and shipping production to the third world. How patriotic your heroes are. :roll:


Whether you believe it or not but material wealth is wealth. Its not just the existence of new technology that has enriched us but the lower prices too. Capitalism is not perfect yes there are people cannot afford food or rent but socialist system people starve.