Income Inequality in America
Fnord wrote:
thomas81 wrote:
Fnord wrote:
There is inequality in ability and willingness to work; notice it?
there is a deficit in available jobs and people looking for jobs, notice it?There is an abundance of jobs, and an abundance of people who do not qualify for those jobs. I have noticed this especially when those jobs requiring applied science or engineering degrees go unfilled for months until someone from outside America applies on a worker's visa.
It's a sad state of affairs when a company has to seek qualified engineers from outside the country simply because there aren't enough qualified engineers within the country to fill the jobs.
Why aren't people qualified for these jobs exactly? How many people have a degree in a STEM field and are not able to obtain a job in a STEM field? Why are so many people unqualified for a job in the STEM field even though they received a degree in it? Could it be that employers are looking for cheap labor and have found it through the HB1 visas? Let's talk about Information Technology.
http://techtalk.dice.com/t5/IT-CS-Stude ... d-p/198233
Look at what Walterbyrd and Charged Neutral says. Are they correct in what they are saying? Why are there so many people who graduate with an IT degree who are not qualified for any of the jobs out there and it is set up to be impossible to get qualified? Why does it seem like all of these IT jobs require multi-skills with years of experience?
http://www.itbusinessedge.com/cm/blogs/ ... /?cs=42116
http://www.itbusinessedge.com/cm/blogs/ ... /?cs=41992
Look at the comments especially made by supportUSworkers. Look at Delores as well. Are they correct in what they're saying? Why is it reported that there is a shortage of workers and many people in America can't seem to get into these fields? Why does this condition exist Fnord? Is he correct in what he is saying? Are companies outsourcing to India and only hiring those with HB1 visas?
If they're is correct could there be deception going on? Why is there a report of shortage of workers yet not a lot of people in America can obtain a job in the STEM field? What are we all doing wrong Fnord or is it really us?
Dox47 wrote:
marshall wrote:
The main difference is Obama at least claims to be in the process of withdrawing from those two conflicts rather than threatening to start new wars.
Bold is mine. So you're flat out admitting that the major difference is what Obama is saying rather than anything he's doing? Cause if that's actually what you meant, it's kind of refreshing, though I continue to be puzzled by the lefts fixation with what leaders say as opposed to what they do.
marshall wrote:
Also, the fact that most conservatives have your mindset is a good reason to be less trusting when they are in power.
So it's different when you do it? Of course you do realize that a Republican will be elected president and have all these new powers that Obama carved out for him to play with, right? Let's entrust Herman Cain with the power to assassinate anyone he deems a threat without oversight or accountability! "I want to kill nine people in nine countries in nine minutes!" Thanks progressives!
marshall wrote:
I also find it odd that there were no conservatives whining and crying about "the deficit" when Bushie was spending like a drunken sailor on wars and handing out medicare "entitlements" that turned out to be handouts to Big Pharma.
So conservatives are hypocrites too; what's your point? I would argue that getting loose with the checkbook when you're normally a tightwad is a *bit* different than suddenly developing a taste for extralegal killing when your party is the one pulling the trigger, but I don't think I really need to.
My point was Raptor was being annoying as usual forcing me to respond. I don't feel like getting into an off topic pissing match with you, bye.
lotuspuppy wrote:
Fnord wrote:
ruveyn wrote:
The privatization of profit the the socialization of loss is the main reason why the American economy is broken...
This is also the business model for medical insurance - profits go to the shareholders, while the cost of your medical bills (a loss to the shareholders) is socialized across all policy holders.
Do away with this business model, and the insurance industry would collapse.
If I may ask, are you generalizing this assumption to say you feel there should have been bailouts of what regulators call "systemically significant companies"?
The only answer I have is that "systemically significant" companies shouldn't be allowed to exist in the first place without public accountability. Our current global absentee owner / investor / shareholder driven economic model is a failure. It has turned companies into simple money-making machines for shareholders with no accountability to the broader sphere of stakeholders. I'm all for capitalism on the small scale. There's a big difference between owning a local restaurant and owning a chunk of a multinational conglomerate.
marshall wrote:
The only answer I have is that "systemically significant" companies shouldn't be allowed to exist in the first place without public accountability. Our current global absentee owner / investor / shareholder driven economic model is a failure. It has turned companies into simple money-making machines for shareholders with no accountability to the broader sphere of stakeholders. I'm all for capitalism on the small scale. There's a big difference between owning a local restaurant and owning a chunk of a multinational conglomerate.
My pension plan, and the pension plan of every worker fortunate enough to have one would beg to differ.
Who are those shareholders for whom these companies are money making machines? 30% of global equities are owned by pension funds. Another 30% are owned by mutual funds. Slightly less than that are owned by insurance companies. That leaves less than 20% owned by private equity funds, soverign funds (mostly government pension funds) and individual shareholders.
Every one of you who has a pension, or a retirement fund, is depending upon that money continuing to be made, so that there is something for you to live on in your retirement.
_________________
--James
marshall wrote:
lotuspuppy wrote:
Fnord wrote:
ruveyn wrote:
The privatization of profit the the socialization of loss is the main reason why the American economy is broken...
This is also the business model for medical insurance - profits go to the shareholders, while the cost of your medical bills (a loss to the shareholders) is socialized across all policy holders.
Do away with this business model, and the insurance industry would collapse.
If I may ask, are you generalizing this assumption to say you feel there should have been bailouts of what regulators call "systemically significant companies"?
The only answer I have is that "systemically significant" companies shouldn't be allowed to exist in the first place without public accountability. Our current global absentee owner / investor / shareholder driven economic model is a failure. It has turned companies into simple money-making machines for shareholders with no accountability to the broader sphere of stakeholders. I'm all for capitalism on the small scale. There's a big difference between owning a local restaurant and owning a chunk of a multinational conglomerate.
Honestly, this is what I say as well. I believe corporations are a government created entity. Government comes up with the laws for how corps will be formed and what the corp's structure will be. In one sense I wish we had the mom and pop shops back again and the family owned farms again.
marshall wrote:
Our current global absentee owner / investor / shareholder driven economic model is a failure. It has turned companies into simple money-making machines for shareholders with no accountability to the broader sphere of stakeholders..
Umm, that's the *entire point* of a market economy.
And how has it failed?
GGPViper wrote:
marshall wrote:
Our current global absentee owner / investor / shareholder driven economic model is a failure. It has turned companies into simple money-making machines for shareholders with no accountability to the broader sphere of stakeholders..
Umm, that's the *entire point* of a market economy.
And how has it failed?
I will answer. If it is all about making money than it is very successful. To me, a good society is more than just about money. A good society encourages kindness and love. A good society is about seeking truths as best as possible and cultivating a moral and excellent character. The members of a good society helps those who can't help themselves.
A good society questions itself and examines its own truths and principles from time to time. What is the way that a society can be good, moral and virtuous? Honestly, America has excellent technology and has a lot of wealth but America lacks what makes an excellent character.
Economically wise, the market economy may be a great success but one has to give up his soul for the almighty dollar. This is ultimately the first thing I see as wrong with America. He has to give up his sense of wonder and the why for the sake of the American Business Machine.
IMHO, the American people are selling their souls for the almighty dollar.
cubedemon6073 wrote:
A good society questions itself and examines its own truths and principles from time to time. What is the way that a society can be good, moral and virtuous? Honestly, America has excellent technology and has a lot of wealth but America lacks what makes an excellent character.
.
.
Business is not sentiment.
Being wonderful and kind and good does not produce a single nail or screw.
ruveyn
ruveyn wrote:
cubedemon6073 wrote:
A good society questions itself and examines its own truths and principles from time to time. What is the way that a society can be good, moral and virtuous? Honestly, America has excellent technology and has a lot of wealth but America lacks what makes an excellent character.
.
.
Business is not sentiment.
Being wonderful and kind and good does not produce a single nail or screw.
ruveyn
You're right, business is not sentiment. You're right my friend that being wonderful and kind does not produce a single nail or screw. Therein lies the problem with business as a concept. They only value what can be purchased and sold. They see life in terms of a commodity. Yes, one does need to keep in mind the resources to produce the nail or screw and I agree with this but only to a certain extent. I see life as much more than a commodity.
The nature of business is cold, dark, inhuman and lacks a soul. You're correct about everything you say about business. Our society is a business driven culture and people are selling their very souls and for what? Money and tangible possessions. Money is a tool just like resources but they're not the end all be all.
Our country and society is rich with money, possessions, and tangible goods but lacks a soul. America lacks that passionate spark. IMHO, our country is out of balance. Honestly, there is nothing I can do about it and all I can do is live my life the best that I can.
In the end, I do not believe socialism will work in America because a good chunk of people do not want it or desire it. In order for a given society to change, a good amount of people would have to desire. Implementing laws will not work. In order for a given society to be better the people in it would have to decide to change for themselves. Change has to come from within not from outside using laws and guns. I can state what I believe. I can write my writings. I can use reasoning and logic. I can attempt to convince others but in the end it is up to others to accept what I have to say or not. In the end, a person will believe what they will believe.
To me, certain parts of life is unfair because people accept it to be that way and indirectly desire it to be this way. This is the great paradox that I see. Life is unfair cause others accept it as so and others accept it as so because life is unfair. I will continue to write my writings, my thoughts, my beliefs, and I will continue to question and challenge others people's beliefs. If my beliefs end up being wrong or flawed I will correct them.
Who knows? Maybe another people 1000s of years from now may form a society based upon certain things I believe. Maybe some of my beliefs will be challenged and reformed as well. It is what I desire. If I can bring benefit to a society or a group of people 1000s of years from then I have succeeded. If I can benefit humanity as a whole that may exist 1000s of years from now with what I say and write then this is what I desire.
To me, seeking truth is not the end it is a process of endless refinement for better beliefs, philosophies, economies,etc.
To me, the ultimate answer(s) are not static and final. They are a process of continuous refinement. This is because facts are not just facts onto themselves. The facts we have our are interpretations of the actual facts. To me, we can get closer and closer to obtaining a final answer(s) but we can never do so. It is similar to limits in math. We can get closer and closer to dividing by 0 but never can truthfully divide by 0.
cubedemon6073 wrote:
You're right, business is not sentiment. You're right my friend that being wonderful and kind does not produce a single nail or screw. Therein lies the problem with business as a concept. They only value what can be purchased and sold.
Purchased, sold and -used-. Love and goodness will not fashion a book case. Love and goodness will not get you to the store to buy your food. Love and goodness will not sustain your life for very long. We can live without love or goodness (although it would not be much fun) be we -can't- live without food, clothing and shelter.
ruveyn
People tend to go into business to derive monetary profit from providing goods and services, not to provide jobs.
_________________
The mere fact that science may not yet adequately explain an object, event, or experience does not mean the immediate explanation should automatically default to a conspiratorial, extraterrestrial, paranormal, or supernatural cause.
Fnord wrote:
People tend to go into business to derive monetary profit from providing goods and services, not to provide jobs.
There you go again, being rational. That will never do, here on PPR. You have to lean so far to the left your right leg will the longer than the other leg.
ruveyn
thomas81
Veteran
Joined: 2 May 2012
Age: 45
Gender: Male
Posts: 5,147
Location: County Down, Northern Ireland
Fnord wrote:
People tend to go into business to derive monetary profit from providing goods and services, not to provide jobs.
Eloquent way of highlighting why the profit motive is an unutilitarian and poor basis for operating a society.
thomas81 wrote:
Fnord wrote:
People tend to go into business to derive monetary profit from providing goods and services, not to provide jobs.
Eloquent way of highlighting why the profit motive is an unutilitarian and poor basis for operating a society.
Don't knock. It is what keeps you and your incorrect opinion fed and healthy.
ruveyn
thomas81
Veteran
Joined: 2 May 2012
Age: 45
Gender: Male
Posts: 5,147
Location: County Down, Northern Ireland
ruveyn wrote:
thomas81 wrote:
Fnord wrote:
People tend to go into business to derive monetary profit from providing goods and services, not to provide jobs.
Eloquent way of highlighting why the profit motive is an unutilitarian and poor basis for operating a society.
Don't knock. It is what keeps you and your incorrect opinion fed and healthy.
ruveyn
correction. Its what keeps the stagnant masses just smart enough to pull the levers and stupid enough to not know when they're being f****d over.
"Keep them in the public houses and out of the libraries"-Winston Churchill.
ruveyn wrote:
cubedemon6073 wrote:
You're right, business is not sentiment. You're right my friend that being wonderful and kind does not produce a single nail or screw. Therein lies the problem with business as a concept. They only value what can be purchased and sold.
Purchased, sold and -used-. Love and goodness will not fashion a book case. Love and goodness will not get you to the store to buy your food. Love and goodness will not sustain your life for very long. We can live without love or goodness (although it would not be much fun) be we -can't- live without food, clothing and shelter.
ruveyn
I agree with what you are saying. Everything you say is true. I never said to totally discard the concept of capital and money. Far from it. Money and resources do have to be considered a factor as in economics resources are scarce. What I am saying is that it should not be the only factor. I am not saying to get rid of x but add y in addition to x. I will go into more specifics.
I am not asking for government intervention or government laws. The main reason this does not work is because it produces resentment.
What I am asking for can only come from inside of a person and has to be intrinsic and genuine. Fnord already does this somewhat. I commend him for that.
What I am asking for is for those who are rich like the billionaires is to voluntarily put up their own money and resources to help people out who need it. Help people to get on their feet and out of their situations. If a person lacks social skills then provide him the resources and knowledge to help them gain them voluntarily out of the goodness of your own heart and the salary you draw. Be genuine about it and don't do it as a front to get ratings.
Fnord could provide tips of his own as to how he got through basic training and how he got through the military. Has he ever done that while he is here or has he accused people of being whiners? Some of us could use his tips to our own advantage in our everyday lives.
What about you my friend? You were born during the start of WWII. You lived almost a lifetime. You could easily give specific tips as to how you were able to make it in America during your life time.
Ultimately, what I am asking for those who are able to do so like the billionaires is to provide fish, teach people how to fish, so they can do it themselves.
Government law only will force people to do so which will not work because of built up resentment of being forced to do certain things they do not want to do.
What I desire is the community back again and the mindset of we're all in this together and not every man for himself.
