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The middle class is shrinking

MachZer0

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Socialist programs feed back the profits to the people. Where as Capitalism is ONLY about profits for the owner.

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By feeding back to the people you are saying they take money away from people who earn it and give it to people who didn't earn it
 
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EdwinWillers

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Socialist programs feed back the profits to the people. Where as Capitalism is ONLY about profits for the owner.

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Well that's just inane.

Capitalism is about non-coercive, mutually agreed contractual obligation on the part of both employer and employee wherein the employer hires the employee for their services and/or talents to help him produce a product or service, services and/or talents for which he contractually agrees to compensate the employee - and to which the employee freely agrees to give, and that for compensation to which he freely agrees to receive.

How in the world does that remotely translate to "ONLY about profits for the owner?"
 
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dlamberth

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Well that's just inane.

Capitalism is about non-coercive, mutually agreed contractual obligation on the part of both employer and employee wherein the employer hires the employee for their services and/or talents to help him produce a product or service, services and/or talents for which he contractually agrees to compensate the employee - and to which the employee freely agrees to give, and that for compensation to which he freely agrees to receive.

How in the world does that remotely translate to "ONLY about profits for the owner?"
If times are bad and profits are low, get rid of the employee to make profits better.

Capitalism is all about profits. Period!!

.
 
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dlamberth

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By feeding back to the people you are saying they take money away from people who earn it and give it to people who didn't earn it
For Capitalism to work for ALL of society, some form of feedback of resources is required. The alternative is where we are heading towards now with many more people living in poverty (50million and growing), more homeless with more on the streets, very little social mobility, people loosing their homes, no medical access, more drugs, more social unrest, riots, ect, ect.

.
 
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SOAD

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Why is it so difficult for people to understand that you cannot redistribute property or possessions that dont belong to you.
We must make certain exceptions for the greater good of a society. Capitalism as you would have it does not create a good society, it creates third world nations. Now that the middle class is disappearing you will soon have what you desire.
 
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lordbt

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We must make certain exceptions for the greater good of a society. Capitalism as you would have it does not create a good society, it creates third world nations. Now that the middle class is disappearing you will soon have what you desire.
Capitalism does not create third world nations. No one that knows what they are talking about would make a statement like that.
 
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thaumaturgy

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Why is it so difficult for people to understand that you cannot redistribute property or possessions that dont belong to you.

Perhaps because there's never been a sustainable society in which this "ideal" has ever been enacted.
 
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SOAD

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Capitalism does not create third world nations. No one that knows what they are talking about would make a statement like that.

More rudeness.

I wrote capitalism "as you would have it." :wave:
I consider your ilk a fringe element, one we are better without.
 
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dlamberth

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Capitalism does not create third world nations. No one that knows what they are talking about would make a statement like that.
Look around you, America is headed towards 3rd world nation status.


When capital flows up to the few and not down to society as a whole, more poor are produced and a 3rd world nation is created.

50million people living in poverty in America IS as large and even larger population than many other 3rd world countries. We have in effect a 3rd world nation living in side of this nation.

It's a shame how we treat our own people.

.
 
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thaumaturgy

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Capitalism does not create third world nations. No one that knows what they are talking about would make a statement like that.

unchecked pure laissez faire capitalism can produce third world living conditions.

You wish to debate this point please explain the "Guilded Age" in the U.S.

ca12.jpg

Tenament houses during the guilded age
Overcrowding combined with poverty and poor sanitation allowed disease to infiltrate the tenement house. The Tenement House Commission of 1900 reported that tuberculosis was common in the tenement houses, writing that “from the tenements there comes a stream of sick, helpless people to our hospitals and dispensaries, few of whom are able to afford the luxury of a private physician, and some houses are in such bad sanitary condition that few people can be seriously ill in them and get well”

(LINKY)

Do you know why Progressives even existed at the turn of the 20th century?

I certainly would never argue that capitalism is ipso facto bad, but like everything in life it needs controls.

No matter how strongly you may advocate capitalism, you will always have people pushing back for controls on it.

That is why the Middle Class even exists. In fact it is probably why your supposed small business exists.

Enjoy the fruits of a capitalist society, but remember that second word there: society. That implies "social".

Your "business" is nothing without the others around you. They are made stronger by your "business" (assuming it is real). It is how we work as a society.
 
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lordbt

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Perhaps because there's never been a sustainable society in which this "ideal" has ever been enacted.

More rudeness.

I wrote capitalism "as you would have it." :wave:
I consider your ilk a fringe element, one we are better without.
Theres that SOAD we all know and love.

Look around you, America is headed towards 3rd world nation status.

When capital flows up to the few and not down to society as a whole, more poor are produced and a 3rd world nation is created.

50million people living in poverty in America IS as large and even larger population than many other 3rd world countries. We have in effect a 3rd world nation living in side of this nation.

It's a shame how we treat our own people.

.
If your argument is that we are headed toward third world status, you have no real grounds to blame capitalism, since we are not a capitalist nation but a mixed economy. It could be coincidence that things have gotten worse since the unchecked growth of the welfare state began in the late sixties. Or perhaps there is a link.
 
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lordbt

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unchecked pure laissez faire capitalism can produce third world living conditions.

You wish to debate this point please explain the "Guilded Age" in the U.S.

ca12.jpg

Tenament houses during the guilded age
Do you happen to have any pictures that depict living conditions prior to the Guilded Age and the advent of Capitalism?
 
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dlamberth

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If your argument is that we are headed toward third world status, you have no real grounds to blame capitalism, since we are not a capitalist nation but a mixed economy.
It's unchecked Capitalism that has brought our nation to it's knees, plain and simple.

.
 
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thaumaturgy

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It could be coincidence that things have gotten worse since the unchecked growth of the welfare state began in the late sixties. Or perhaps there is a link.

Really?

realgdp.gif

Wow. America looks like that creeping socialism has really sapped our ability to produce!

snap20060621.jpg

Ohhh, I see...whew! There for a minute I thought people weren't making money in the U.S. anymore because horrible social programs!

S-ExecComp2.gif


At least we aren't at "Mexico Levels" yet!

FTL-chart-1.gif
 
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MachZer0

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If times are bad and profits are low, get rid of the employee to make profits better.

Capitalism is all about profits. Period!!

.
Capitalism is about the free distribution of wealth whereas Socialism is about forced redistribution of wealth. Capitalism then is called fredom whereas Socialism must be called what it is, tyranny
 
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MachZer0

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For Capitalism to work for ALL of society, some form of feedback of resources is required. The alternative is where we are heading towards now with many more people living in poverty (50million and growing), more homeless with more on the streets, very little social mobility, people loosing their homes, no medical access, more drugs, more social unrest, riots, ect, ect.

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We have that now. For instance, I have a pocketful of cash and I want my car washed. A guy washes my car and in return he gets a "feedback" of my resources. that seems simple and fair.
 
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MachZer0

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We must make certain exceptions for the greater good of a society. Capitalism as you would have it does not create a good society, it creates third world nations. Now that the middle class is disappearing you will soon have what you desire.
Capitalism ccreated the greatest superpower the world has known. It is currently bringing another power out of poverty and into wealth.
 
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