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In reply to the discussion: "Sorry, It's Not a 'Law of Capitalism' That You Pay Your Employees as Little as Possible. It's..." [View all]PowerToThePeople
(9,610 posts)33. Typical RW argument
In fact, your post looks like a copy-paste of some quote I saw quoted from another RW board.
Also please cite to actual examples of the implementation of your preferred economic model for the U.S.A. The perfect, abstract economic theories you read about or discussed in your comparative economic theory seminar in college, are effectively useless. Flawed and selfish human beings run and live in economic systems, warts and all. Convincing implementation of theory should drive actual policy.
There can be a better way to do it. The system and how it functions may not exist yet. That does not mean we can not build one.
Before cars - "show me a horseless carriage"
Before rockets - "show me a way to get a man to the moon"
Before polio vaccine - "show me a way to stop polio"
on and on. We can do great things if we choose to.
They are meeting now and putting a lot of effort into TPP. This is a capitalist central meeting trying to maximize corporate profits. Why not put as much effort into devising an economic system that is good for the people and ecosystem on this planet? Why? Because TPtB don't fucking give a shit. They don't care if you starve, they do not care if you die, they do not care if the worlds Oceans rise 5 feet. All they care about is more money and power. They need to be gotten rid of if we are to move forward as a race.
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"Sorry, It's Not a 'Law of Capitalism' That You Pay Your Employees as Little as Possible. It's..." [View all]
Hissyspit
Aug 2013
OP
My brother is in the same boat. He worked for many years as a civilian ship radio operator, and
Nay
Aug 2013
#40
My bro will apply for SS next year; he's got that long to wait for age 62. He has worked all
Nay
Aug 2013
#69
no, it's a law. the article is kind of silly, i think. competition of various kinds makes it a law
HiPointDem
Aug 2013
#3
Here in NYC, I think people just expect you to be preoccupied when walking on the street.
branford
Aug 2013
#106
Capitalism is the economic system in all first-world (and most other) countries, not just the USA.
branford
Aug 2013
#145
no, they're countries that were deliberately & forcefully *undeveloped* by british (& later US)
HiPointDem
Aug 2013
#100
"China and India are currently the perfect examples." That's an ironic comment, given the history.
HiPointDem
Aug 2013
#91
Capitalism *does* prevent it. For example, the Green Bay Packers were a successful community-
HiPointDem
Aug 2013
#95
capitalism has not lifted people out of poverty. it has lifted the general standard of living &
HiPointDem
Aug 2013
#87
how about the type of social safety net system like they have in Northern Europe and Scandinavia
CreekDog
Aug 2013
#114
So we should rid capitalism of unions, safety and environmental regulations and minimum-wage laws?
Enthusiast
Aug 2013
#138
Respectfully, did you even read my full, original post, no less any of the follow-ups?
branford
Aug 2013
#143
Competitors already exist, so barriers to entry are immaterial. If walmart raises wages,
HiPointDem
Aug 2013
#113
maybe no one. but competitors are multiple, and all can steal market share. which reduces
HiPointDem
Aug 2013
#119
maybe. maybe not. walmart apparently feels differently. do you think it's sheer bloody-mindedness
HiPointDem
Aug 2013
#122
motto of capitalism = grow or die. if you're not making at least that 3% growth, you're dying.
HiPointDem
Aug 2013
#126
What does growing have to do with paying your employees as little as legally possible?
Hippo_Tron
Aug 2013
#128
there's growth & there's growth. costco is a pygmy compared to walmart & a kind of niche
HiPointDem
Aug 2013
#136
The author isn't a critic of capitalism, he's an Oppenheimer/Merrill Lynch shill who got busted
HiPointDem
Aug 2013
#118
Tell that to the formerly destitute rural Chinese who now have electricity and medical care.
branford
Aug 2013
#34
It is a law of capitalism that paying people as little as possible can cause business failure
Coyotl
Aug 2013
#39
this is mythology. they never tell you how ford subsequently *lowered* wages.
HiPointDem
Aug 2013
#96
No, he was not a great guy, he wasn't even a human being by any civilized standard,
Egalitarian Thug
Aug 2013
#103
I read your link. The suit wasn't about wage levels. The suit was about ford not paying a
HiPointDem
Aug 2013
#111
In addition to his other "fine" qualities, Ford was also a rabid anti-semite!
branford
Aug 2013
#115
Indeed. I figured that was included under racist. He was a big supporter of Hitler. n/t
Egalitarian Thug
Aug 2013
#133
Still trying to pick myself up off the floor after seeing Henry Blodget's byline on this . . .
stranger81
Aug 2013
#83
omg, written by an oppenheimer/merril lynch analyst. that would explain why this article is so
HiPointDem
Aug 2013
#99
Companies didn't act this way 60 years ago. Hell companies didn't act this way 40 years ago.
liberal_at_heart
Aug 2013
#88
I always struggle with conceptualizing the type of business Republican policies are targeted at
Sen. Walter Sobchak
Aug 2013
#98