well, if we are to assume that wealth is merely money, and the link you posted in the op claims that it is distributed enevenly, even moreso then people believe that it, is, and moreso then people think it should be distributed,,,,
wouldnt the logical first questions be what is wealth, and where does it come from? and followed up with why is the current power structure such that it results in such a great divide
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well, if we are to assume that wealth is merely money, and the link you posted in the op claims that it is distributed enevenly, even moreso then people believe that it, is, and moreso then people think it should be distributed,,,,
wouldnt the logical first questions be what is wealth, and where does it come from? and followed up with why is the current power structure such that it results in such a great divide
lemon socialism, i found it. looks like more than some nice tax breaks to me.
https://www.commondreams.org/view/2009/01/24-10
“lemon socialism”: taxpayers bear the cost if things go wrong, but
stockholders and executives get the benefits if things go right. that ain't no socialism i learned in school, or even on foxnews.
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lemon socialism, i found it. looks like more than some nice tax breaks to me.
https://www.commondreams.org/view/2009/01/24-10
“lemon socialism”: taxpayers bear the cost if things go wrong, but
stockholders and executives get the benefits if things go right. that ain't no socialism i learned in school, or even on foxnews.
well, if we are to assume that wealth is merely money, and the link you posted in the op claims that it is distributed enevenly, even moreso then people believe that it, is, and moreso then people think it should be distributed,,,,
wouldnt the logical first questions be what is wealth, and where does it come from? and followed up with why is the current power structure such that it results in such a great divide
yeah, those are all fair questions but i think the video is ok for what it does in 6 minutes and to the extent it defines wealth with money and securities.
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Quote Originally Posted by be easy:
well, if we are to assume that wealth is merely money, and the link you posted in the op claims that it is distributed enevenly, even moreso then people believe that it, is, and moreso then people think it should be distributed,,,,
wouldnt the logical first questions be what is wealth, and where does it come from? and followed up with why is the current power structure such that it results in such a great divide
yeah, those are all fair questions but i think the video is ok for what it does in 6 minutes and to the extent it defines wealth with money and securities.
i probably have more wealth then the bottom thirty percentile. i imagine half of the population has a negative net worth, so add um all together and anyone with a positive net worth would have more then them all combined, technically
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i probably have more wealth then the bottom thirty percentile. i imagine half of the population has a negative net worth, so add um all together and anyone with a positive net worth would have more then them all combined, technically
Unhealthy for any countries to have excess poverty because of more health and social problems. A good paying job is the best solution but that isn't possible for everyone. Income distribution to slightly reduce poverty is among the jobs of governments when markets fail.
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Unhealthy for any countries to have excess poverty because of more health and social problems. A good paying job is the best solution but that isn't possible for everyone. Income distribution to slightly reduce poverty is among the jobs of governments when markets fail.
Are we surprised that 9 out of 10 people believe that "wealth" should be more evenly distributed? Of course not! To be surprised by that is to be surprised by the fact that 9 out of 10 people think that we should raise taxes on the "rich" or top 10% because the rich are really the problem, right? Those people who are already paying a vast majority of the total tax dollars just need to pay more and then everything would be OK.
/end sarcasm.
And why does someone think that just because there is wealth inequality that the system is skewed "unfairly"? Do you think janitors should make as much money as doctors? Should waiters and waitresses pull down attorney salaries?
This guy finds the first chart "difficult to wrap his head around" because he's an idiot. The "dreaded" socialism? YES! SOCIALISM IS DREADED. If you think socialism works then you have not paid one ****ing ounce of attention to history and you clearly do not understand fundamental human nature.
What is "ideal" is often not realistic. It would be "ideal" if people didn't kill each other but guess what? People always have in the past and people always will. The problem begins when the government thinks that it is so all-knowing that the government can change reality into the "ideal" through the threat of force. If only we listened to the government! They clearly are the marketplace of ideas, what with all the competition they have in providing government services and all the history of successes that they have in changing reality to what they "wish" would occur -- you know, the "ideal".
I also think it would be interesting if he took the "poorest" class who is down to "pocket change" on his stupid graph and compared them to the rest of the poor in other parts in the world. I wonder if that graph would be as informative for this guy. Probably not, because poor people in other parts of the world would LOVE to be "poor" in America.
BTW -- the logical conclusion to this guys' bitching about wealth inequality surely is that "we must take from the rich guy to give to the poor people!" 1% of America has 40% of the nation's wealth. So clearly the solution has to be taking money from him to give to others.
I don't believe the CEO is working 380x harder than the average worker. But I do believe that the CEO may be 380 times more valuable to a company than the average worker. And either way, a system of capitalism is not based on some idea of fairness or equality -- that is in direct opposition to the whole system itself! If you want fairness or equality, then you are in the wrong country. But if you want the ability to improve your lot in life, you are in the best country in the world.
Fancy graphs and videos don't change the fundamental reality of the situation.
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
0
Quote Originally Posted by kaponofor3:
To the video in general:
Are we surprised that 9 out of 10 people believe that "wealth" should be more evenly distributed? Of course not! To be surprised by that is to be surprised by the fact that 9 out of 10 people think that we should raise taxes on the "rich" or top 10% because the rich are really the problem, right? Those people who are already paying a vast majority of the total tax dollars just need to pay more and then everything would be OK.
/end sarcasm.
And why does someone think that just because there is wealth inequality that the system is skewed "unfairly"? Do you think janitors should make as much money as doctors? Should waiters and waitresses pull down attorney salaries?
This guy finds the first chart "difficult to wrap his head around" because he's an idiot. The "dreaded" socialism? YES! SOCIALISM IS DREADED. If you think socialism works then you have not paid one ****ing ounce of attention to history and you clearly do not understand fundamental human nature.
What is "ideal" is often not realistic. It would be "ideal" if people didn't kill each other but guess what? People always have in the past and people always will. The problem begins when the government thinks that it is so all-knowing that the government can change reality into the "ideal" through the threat of force. If only we listened to the government! They clearly are the marketplace of ideas, what with all the competition they have in providing government services and all the history of successes that they have in changing reality to what they "wish" would occur -- you know, the "ideal".
I also think it would be interesting if he took the "poorest" class who is down to "pocket change" on his stupid graph and compared them to the rest of the poor in other parts in the world. I wonder if that graph would be as informative for this guy. Probably not, because poor people in other parts of the world would LOVE to be "poor" in America.
BTW -- the logical conclusion to this guys' bitching about wealth inequality surely is that "we must take from the rich guy to give to the poor people!" 1% of America has 40% of the nation's wealth. So clearly the solution has to be taking money from him to give to others.
I don't believe the CEO is working 380x harder than the average worker. But I do believe that the CEO may be 380 times more valuable to a company than the average worker. And either way, a system of capitalism is not based on some idea of fairness or equality -- that is in direct opposition to the whole system itself! If you want fairness or equality, then you are in the wrong country. But if you want the ability to improve your lot in life, you are in the best country in the world.
Fancy graphs and videos don't change the fundamental reality of the situation.
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
If it wasn't for that person who took the chance, using his or her own money and resources to start that company, millions of people would be standing in a bread line.
Remember, Wal Mart and McDonalds started as one store/restaurant.
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Quote Originally Posted by cd329:
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
If it wasn't for that person who took the chance, using his or her own money and resources to start that company, millions of people would be standing in a bread line.
Remember, Wal Mart and McDonalds started as one store/restaurant.
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
My trophy:
In terms of the value that they bring to a company, a CEO may in fact be hundreds of times more valuable than the average worker. You know why? Because the average worker is just that -- Average. Replaceable. Interchangeable. There are certainly some terrible CEOs who don't deserve their compensation based upon their performance, but you know what? It's not illegal for a company to make a bad business deal with their management, happens all the time.
If it wasn't for the working man, there would be CEOs standing on the bread line? Maybe. But the opposite is true as well. Without the CEO or management who is able to drum up business, there wouldn't be any jobs for the working man to fulfill.
0
Quote Originally Posted by cd329:
A ceo 380 times more valuable to the company then the average worker,lmfaoooooooooooooooooooooo funniest post so far this year. Covers should send you a little trophy for that post. Most ceo's are completely clueless how their own companies work and couldnt even do the workers jobs, who put the money in their pockets if their lives depended on it. If it wasnt for the working man, there would be tons of ceo's standing in the bread line
My trophy:
In terms of the value that they bring to a company, a CEO may in fact be hundreds of times more valuable than the average worker. You know why? Because the average worker is just that -- Average. Replaceable. Interchangeable. There are certainly some terrible CEOs who don't deserve their compensation based upon their performance, but you know what? It's not illegal for a company to make a bad business deal with their management, happens all the time.
If it wasn't for the working man, there would be CEOs standing on the bread line? Maybe. But the opposite is true as well. Without the CEO or management who is able to drum up business, there wouldn't be any jobs for the working man to fulfill.
wrong on so many levels, Iam not even gonna bother wasting my time trying to educate on this. Keep living life believing CEO'S are so great, thats your choice. Majority of ceo's are nothing but pure figureheads, just like our Presidents.
Quote Originally Posted by kaponofor3:
My trophy:
In terms of the value that they bring to a company, a CEO may in fact be hundreds of times more valuable than the average worker. You know why? Because the average worker is just that -- Average. Replaceable. Interchangeable. There are certainly some terrible CEOs who don't deserve their compensation based upon their performance, but you know what? It's not illegal for a company to make a bad business deal with their management, happens all the time.
If it wasn't for the working man, there would be CEOs standing on the bread line? Maybe. But the opposite is true as well. Without the CEO or management who is able to drum up business, there wouldn't be any jobs for the working man to fulfill.
0
wrong on so many levels, Iam not even gonna bother wasting my time trying to educate on this. Keep living life believing CEO'S are so great, thats your choice. Majority of ceo's are nothing but pure figureheads, just like our Presidents.
Quote Originally Posted by kaponofor3:
My trophy:
In terms of the value that they bring to a company, a CEO may in fact be hundreds of times more valuable than the average worker. You know why? Because the average worker is just that -- Average. Replaceable. Interchangeable. There are certainly some terrible CEOs who don't deserve their compensation based upon their performance, but you know what? It's not illegal for a company to make a bad business deal with their management, happens all the time.
If it wasn't for the working man, there would be CEOs standing on the bread line? Maybe. But the opposite is true as well. Without the CEO or management who is able to drum up business, there wouldn't be any jobs for the working man to fulfill.
If it wasn't for that person who took the chance, using his or her own money and resources to start that company, millions of people would be standing in a bread line.
Remember, Wal Mart and McDonalds started as one store/restaurant.
0
Quote Originally Posted by canovsp:
If it wasn't for that person who took the chance, using his or her own money and resources to start that company, millions of people would be standing in a bread line.
Remember, Wal Mart and McDonalds started as one store/restaurant.
obama? this question is above my pay grade. i need wallstreet to come in ehre and answer this one.
Money facilitates the exchange of production.
That is all it does. In present times it has no intrinsic value. It doesn't even make very good kindling.
Absent rent seekers - those with the most money are responsible for the most production.
Money makes your production portable.
This portability is important in systems that take advantage of the division of labor to reach prosperity.
If everyone is self sufficient, no money is needed. (there is also no time for leisure - because - without the division of labor - all ones time must be expended (traded for) staying alive.
Once you grasp this - fundamental - economic principle, everything you have been "taught" and "think" you "know" will be revealed for the nonsense that it is.
People produce so they can consume.
People don't produce so that others can consume what they produce. They produce so that they can consume what others have also produced. Everyone must produce.
The food on the grocers shelf is there because someone else is hungry - not because you are hungry.
This is why everything is so "fucked up" economically.
We try to create demand for goods and obstruct (with taxes and regulation) their very production.
We haven't just put the horse behind the cart - we've put the horse IN the cart.
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Quote Originally Posted by ClubDirt:
obama? this question is above my pay grade. i need wallstreet to come in ehre and answer this one.
Money facilitates the exchange of production.
That is all it does. In present times it has no intrinsic value. It doesn't even make very good kindling.
Absent rent seekers - those with the most money are responsible for the most production.
Money makes your production portable.
This portability is important in systems that take advantage of the division of labor to reach prosperity.
If everyone is self sufficient, no money is needed. (there is also no time for leisure - because - without the division of labor - all ones time must be expended (traded for) staying alive.
Once you grasp this - fundamental - economic principle, everything you have been "taught" and "think" you "know" will be revealed for the nonsense that it is.
People produce so they can consume.
People don't produce so that others can consume what they produce. They produce so that they can consume what others have also produced. Everyone must produce.
The food on the grocers shelf is there because someone else is hungry - not because you are hungry.
This is why everything is so "fucked up" economically.
We try to create demand for goods and obstruct (with taxes and regulation) their very production.
We haven't just put the horse behind the cart - we've put the horse IN the cart.
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