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Old 10-13-2018, 11:17 PM
 
Location: Manchester NH
6,343 posts, read 1,752,538 times
Reputation: 2062

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Quote:
Originally Posted by lieqiang View Post
By posting in on here?


Correct, but they have the right to what they produce.
1. And more

2. Yes, and managing capital is not production.
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Old 10-13-2018, 11:46 PM
 
4,761 posts, read 2,268,925 times
Reputation: 8856
Quote:
Originally Posted by Winterfall8324 View Post
And more
Yeah I'm sure that bumper sticker turns some heads


Quote:
Originally Posted by Winterfall8324 View Post
Yes, and managing capital is not production.
Managing producers is production.
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Old 10-14-2018, 12:12 AM
 
Location: Manchester NH
6,343 posts, read 1,752,538 times
Reputation: 2062
Quote:
Originally Posted by lieqiang View Post
Yeah I'm sure that bumper sticker turns some heads



Managing producers is production.
Managing capital and managing labor routines are different. The former just involves taking finished valuated capital and funneling it into ones own pocket.

The former is what shareholders are (and board members).
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Old 10-14-2018, 01:23 AM
 
4,761 posts, read 2,268,925 times
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Quote:
Originally Posted by Winterfall8324 View Post
The former just involves taking finished valuated capital and funneling it into ones own pocket.
Really. So the shareholders who lose money on investments are just taking capital and funneling it into their own pockets.
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Old 10-14-2018, 01:32 AM
 
Location: Manchester NH
6,343 posts, read 1,752,538 times
Reputation: 2062
Quote:
Originally Posted by lieqiang View Post
Really. So the shareholders who lose money on investments are just taking capital and funneling it into their own pockets.
Failing to do so and losing money in the process doesn't make it production. wealth management is never production, there is no functional law the makes it as such.

It's casino gambling, only you win by controlling more capital, and the more capital you control, the richer you get.
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Old 10-14-2018, 01:35 AM
 
4,761 posts, read 2,268,925 times
Reputation: 8856
Quote:
Originally Posted by Winterfall8324 View Post
Failing to do so and losing money in the process doesn't make it production. wealth management is never production, there is no functional law the makes it as such.
So you've gone from their job is only putting money in their pockets to them possibly putting money in their pockets but also taking risk of losing that money.

Quote:
Originally Posted by Winterfall8324 View Post
It's casino gambling, only you win by controlling more capital, and the more capital you control, the richer you get.
Poor analogy, casino gambling has negative odds. If you have more capital you have in play, the more you'll lose over time.
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Old 10-14-2018, 06:16 AM
 
3,573 posts, read 2,004,172 times
Reputation: 6216
Hahahahahahashsa this is hilarious.

A company run democratically for its workforce would be less effective than the US Govenrment. You would call that company bankrupt and far far faster than Sears.

That’s why they have the suggestion box at work to make the employees feel empowered!
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Old 10-14-2018, 09:07 AM
 
Location: 5,400 feet
2,209 posts, read 2,277,145 times
Reputation: 2865
Quote:
Originally Posted by Winterfall8324 View Post
Failing to do so and losing money in the process doesn't make it production. wealth management is never production, there is no functional law the makes it as such.

It's casino gambling, only you win by controlling more capital, and the more capital you control, the richer you get.

Wow. Thanks for all your posts. It's been a long time since I've seen someone attempt to pass off this much gibberish and gobbledygook as economics theory.
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Old 10-14-2018, 09:21 AM
 
852 posts, read 363,123 times
Reputation: 879
Quote:
Originally Posted by Winterfall8324 View Post
I'll improve the country I live in thank you.

Anyways how do you explain 100,000,000 Americans, 47% of the economic activity in this country, saving there money in customer managed cooperative banks. https://www.washingtonpost.com/blogs...you-join-them/

And that is not including the majority of America's electric lines being owned not by the state or the private industry, but as a cooperative. https://www.electric.coop/our-mission/

And then that doesn't begin to explain the exploding popularity of the evergreen network in Ohio. Americans want this despite the media trying to hide them from libertarian socialist ideas.
Finding another country would accomplish that objective, it's called a win-win.

For your credit union post, is every customer managing the credit union? Are all the employees of the credit union paid the same? Do they get to vote on their own wages? Do they get to vote on who gets hired or fired? Do they get to vote on opening or closing new branches? Do they get a say in the annual budget?
How is the capital surplus allocated when it's distributed, per capita or based on deposits?

If evergreen is so popular, why is Ohio losing residents?
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Old 10-14-2018, 09:52 AM
 
1,144 posts, read 520,619 times
Reputation: 1821
Quote:
Originally Posted by Winterfall8324 View Post
1. No, cooperative farms have been tried and are successful. It's not about each person doing whatever they want, if more than one person works a land, they must come up with a single order of operation based on agreement.

So why wouldn't there be planning for next year, farmers would want food for themselves later on, and larger scale farms may need to produce for an entire community or more. Subsistence farming for example doesn't involve not breeding animals or preparing for harvest season.
You said you want input to equal output. Now you are arguing something different, where input is less than output.

All of your arguments include only manufacturing of goods, but exclude services. Absent cash, how do I pay for a service that's sourced far away? Or am I limited to only what's available near me?

To quote Professor Kingsfield, you came in here with a head full of mush, but you won't be leaving thinking like a lawyer, because you are unwilling to consider any position that doesn't agree with your preconceived notions.
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