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Old 05-19-2018, 04:45 PM
 
7,654 posts, read 5,066,761 times
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Quote:
Originally Posted by LifeIsGood01 View Post
Don't be ridiculous. They have healthcare but no medicine so what good is it. A doctor makes less than $2 a day and then they have to try to buy soap and toilet paper and everything else with it. The government there is broke, there is very little industry. You have free housing but you have to live with your family in crampt quarters and the electricity is shut off nightly. It's a horrible place where only hookers can make money because they make more turning one trick than a doctor makes in a month. The food they are allowed to get is very limited too, they are lucky to get any meat protein. Saying they get all the supplies they need is ludicrous. The poorest people in the US live better than a vast majority of Cubans and have access to food, medicine and clothing that they don't have.
But is that possibly because they are a small island that is choked off from most of the world due to embargos rather than because of their political system?
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Old 05-19-2018, 04:50 PM
 
12,016 posts, read 12,630,007 times
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Quote:
Originally Posted by pittsflyer View Post
But is that possibly because they are a small island that is choked off from most of the world due to embargos rather than because of their political system?
No, they do business with Canada, at least Canadians have been allowed to vacation there long before any American citizens were. They are also free to do business with other countries. It is because of their political system where that fool Castro stripped everything from them including their freedom and freedom to travel. Everyone lives in basic poverty, worse than Americans in poverty besides the higher ups in the communist party and they probably don't live any better than middle class Americans. What good is free health care without medication or using surgical instruments from the 60s era soviet union?
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Old 05-19-2018, 04:51 PM
 
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Originally Posted by 2Loud View Post
uhm no.... Capitalism is self-ownership. Regardless what the Demo fan pages tell you. The 99% can go make something that everyone wants. It's literally happening all around you in the town your in making it hard to understand how you do not see it.
We dont have self ownership though, we have RAMPANT intellectual property theft, out of control real estate taxes (in 95% of the nation), corporate oligopolies/monopsonys making it VERY difficult to sell your labor (thus you dont really even have ownership of your own labor, other than to sit and starve).

Thats just off the top of my head.
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Old 05-19-2018, 04:56 PM
 
7,654 posts, read 5,066,761 times
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Quote:
Originally Posted by Larry Siegel View Post
34 hours per week is not a lot of work, even if people in other advanced countries work less.

About your great-grandparents: glad to hear they were in the top 10% of their time. Learn more about the history of your own country and people. The average work week in 1880, when my great-grandparents were economically active, was about 70 hours for an annual income around $7000 in today's money. It is possible to live on that if you cook all your own food, sew your own clothes, walk everywhere, etc. They had 8 children; the girls' bedroom was undoubtedly quite crowded. Of the 8 children, 7 survived to adulthood which means they were extremely lucky, extremely healthy, or economically very advantaged; I'm going to bet on the first. Life was not impossibly hard, and it was better than in the old country, but it involved twice as much work than middle-class life involves today, in much less comfortable conditions, for 1/5 of the money. There were no cars, no antibiotics, no air conditioning, and the telephone had just been invented and only a few thousand people had one. A half-century *later* Calvin Coolidge's son would die of an infected blister, a problem that by 1935 could be fixed with a dollar's worth of penicillin. Count your blessings.
Thats becuase those things were not yet invented, also where did people get the time and money to sit down and build things like penicilin and the gatlin gun, etc.

There must have been enough people with enough disposable time not worrying about where their next meal was comming from to do these things ....

Considering how many more people are on earth there have not been alot of new break throughs, just renditions on existing technology invented in the early to mid 20th century, why is that?
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Old 05-19-2018, 04:57 PM
 
7,654 posts, read 5,066,761 times
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Originally Posted by TaxPhd View Post
I'm talking about wealth that is actually created, not fantasy wealth that is never created. Big difference.
What is fantasy wealth? Is that the wealth the govt or corporations take when they steal your IP or classify your ideas without negotiated payment.
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Old 05-19-2018, 05:00 PM
 
7,654 posts, read 5,066,761 times
Reputation: 5036
Quote:
Originally Posted by LifeIsGood01 View Post
No, they do business with Canada, at least Canadians have been allowed to vacation there long before any American citizens were. They are also free to do business with other countries. It is because of their political system where that fool Castro stripped everything from them including their freedom and freedom to travel. Everyone lives in basic poverty, worse than Americans in poverty besides the higher ups in the communist party and they probably don't live any better than middle class Americans. What good is free health care without medication or using surgical instruments from the 60s era soviet union?
What good is a medication that is so expensive you cant afford it? Its kind of a catch 22 isent it.

Is it better for the medicine to not exist and thus you die, or for the medicine to exist but its $100,000 for one treatment that you cant pay.

I think the later is a phycological mind rape, the former people can accept when someone passes away.

I think medical treatment should be treated like a utility and price fixed, if you dont want to sell it for that then put it in the vault and sit on it and if you tell anyone about it you will face severe criminal penalties, once your 20 year patent is up your done.
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Old 05-19-2018, 06:10 PM
 
Location: Vancouver
18,492 posts, read 15,349,629 times
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Quote:
Originally Posted by Cloudy Dayz View Post
With all due respect, I think I know far better what the definition of socialism is, then you do. Socialism has been about eliminated gross inequalities in wealth since the very beginning. That is why it was created. Capitalism creates inequalities in wealth, and socialism works to solve the problem. Capitalism is like a rubber band. It keeps stretching and stretching, and stretching, until it will finally break. And it will break. No way can it continue like this. When capitalism collapses, socialism will be there to provide the solution.



Socialism - Wikipedia
Your definition is off. Socialist countries don't have a free market economy.

Since you have said that Canada is socialist, I must respond since I live here and Canadians would find you calling Canada socialist, insulting.

Canada is a Parliamentary Democracy, with a free market economy. It is what most call a social-democratic country. Meaning good social programs for all, including healthcare.

Capitalism is alive and well in Canada. A good way to look at it is " Capitalism with a conscience ".
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Old 05-19-2018, 06:22 PM
 
6,587 posts, read 5,832,938 times
Reputation: 16783
Quote:
Originally Posted by stockwiz View Post
World's richest 1% grabbed 82% of all wealth created in 2017, Oxfam study finds

More than $8 of every $10 of wealth created last year went to the richest 1%.
That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.
The 1% created 80% of all wealth in 2017.

Fixed that for you.

And what do you mean, "grabbed"? There is no "grabbing". If you say "grab" you immediately label yourself as some kind of socialist or redistributionist.
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Old 05-19-2018, 06:34 PM
 
7,898 posts, read 7,073,479 times
Reputation: 18586
Quote:
Originally Posted by pittsflyer View Post
.......

I think medical treatment should be treated like a utility and price fixed, if you dont want to sell it for that then put it in the vault and sit on it and if you tell anyone about it you will face severe criminal penalties, once your 20 year patent is up your done.
Clearly it is more complicated than that. If the price is fixed at a low level, no company will invest in developing drugs and following through with the huge cost of meeting FDA requirements.


If you believe that drug companies are making obscene profits, then you should buy some stock and become one of the owners.
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Old 05-19-2018, 06:56 PM
 
18,735 posts, read 8,341,841 times
Reputation: 4112
Quote:
Originally Posted by pittsflyer View Post
What good is a medication that is so expensive you cant afford it? Its kind of a catch 22 isent it.

Is it better for the medicine to not exist and thus you die, or for the medicine to exist but its $100,000 for one treatment that you cant pay.

I think the later is a phycological mind rape, the former people can accept when someone passes away.

I think medical treatment should be treated like a utility and price fixed, if you dont want to sell it for that then put it in the vault and sit on it and if you tell anyone about it you will face severe criminal penalties, once your 20 year patent is up your done.
Medications are a strange beast. Because $100K or more if accepted standard of care your insurance by and large covers it. And you can bet that your insurance doesn't pay anywhere near MSRP. My wife's Obamacare has covered $3M so far since 1/1/17, and of those some big bills have been extremely expensive new chemo drugs.

Medicare eventually will be negotiating on drug price. IMO of course.

Treating hospitals and medical care like a utility has been proposed. Current public utilities seem to do well for the people and for the owners/investors.
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