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Old Yesterday, 10:38 PM
Status: "Loving the hilarity of CD." (set 6 hours ago)
 
5,401 posts, read 2,502,925 times
Reputation: 5285

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Quote:
Originally Posted by MLSFan View Post
No, the wealth is when you talk someone into buying it for more than what it was purchased for...

Take away investments and you stop technology/advancement

Tax everyone like it was 19xx and you have to force everyone to live like it too. Take away all the life saving medicine and care, take away your iPhone and air conditioning

Technology didn't advance in the middle ages because no one was funding it... Not investors or the oligarchy
This is a very important point that too many are just not aware of. The creation of the corporate form of business, specifically with the British and Dutch East India Trading Company’s in 1600 and 1602, is one of the greatest inventions of mankind. It is responsible for more technological advancement, and more improvement in the lives of mankind, than just about anything else. Without corporations, it’s unlikey that we would have progressed much beyond where we were in the Middle Ages.
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Old Yesterday, 10:45 PM
Status: "Loving the hilarity of CD." (set 6 hours ago)
 
5,401 posts, read 2,502,925 times
Reputation: 5285
Quote:
Originally Posted by Winterfall8324 View Post
There are many involved in the stock market, more than just yourself. It’s cumulative and helps concentrate wealth into the needs of private corporations.
That is a complete and total non answer.

The question is simple. You should have no problem answering it.

Last edited by TaxPhd; Yesterday at 11:21 PM..
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Old Yesterday, 10:46 PM
 
Location: Omaha, Nebraska
6,624 posts, read 3,689,397 times
Reputation: 16200
Quote:
Originally Posted by Winterfall8324 View Post
1. There are other forms of investment besides private investment. There is cooperative investments which would hopefully replace the business investments that drive our economy.
Questions: What do you call a large-scale cooperative investment?

Answer: A corporation.

Again, the sort of communal/co-op investment approach you promote simply doesn’t scale. Corporations became as prominent as they currently are because they scale up well.

Quote:
The question should be why does retirement rely on the wealth of private corporations.
Because the alternative is relying on your many children to support you in your old age (which doesn’t work well in industrial or post-industrial societies).
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Old Yesterday, 10:49 PM
Status: "Loving the hilarity of CD." (set 6 hours ago)
 
5,401 posts, read 2,502,925 times
Reputation: 5285
Quote:
Originally Posted by Winterfall8324 View Post
Again, this is not correct.

Read about the history of industrial capitalism, why the British Empire embraced free trade, and why the civil war happened.

It had nothing to do with the fact that the Union or the British wanted to practice natural existence, it was because it was the most efficient model at increasing state wealth and international influence.

As for your claim on freedom, before the state model, people only had personal property and never gave goods value besides that in each trading scenario.

Capital value is a tool to store and accumulate wealth, just look at the commodity or high end housing market.

Before legal power, no one practiced free market capitalism.
ROTFL!

It’s like the OP is a college student taking a full load of SJW courses at the local community college, and is trying out term paper ideas by posting ridiculous threads on CD, and copy/pasting the responses for his teachers.
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Old Yesterday, 10:52 PM
 
25,109 posts, read 27,353,847 times
Reputation: 23300
Quote:
Originally Posted by mathjak107 View Post
Any bets we have a non investor here ..... nothing is ever suggested that affects the person with the bad idea. It always affects others .
Yep, that's always the way.
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Old Yesterday, 11:03 PM
 
Location: Brawndo-Thirst-Mutilator-Nation
15,720 posts, read 15,671,488 times
Reputation: 11561
What nonsense, this will solve nothing...............90%, HAHA!
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Old Yesterday, 11:51 PM
 
Location: Manchester NH
7,684 posts, read 2,064,138 times
Reputation: 2254
Quote:
Originally Posted by TaxPhd View Post
ROTFL!

It’s like the OP is a college student taking a full load of SJW courses at the local community college, and is trying out term paper ideas by posting ridiculous threads on CD, and copy/pasting the responses for his teachers.
Read history, why was the slave/agriculture economy ended, and why was industrialization promoted.

Why did both major parliamentary parties in Britain agree on free trade policies within the empire, again it had nothing to do with freedom.
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Old Yesterday, 11:52 PM
 
Location: Manchester NH
7,684 posts, read 2,064,138 times
Reputation: 2254
Quote:
Originally Posted by TaxPhd View Post
That is a complete and total non answer.

The question is simple. You should have no problem answering it.
Could you clarify your question, because from what I understood you claimed that because one person investing in Apple’s stock doesn’t change the value of the company stocks don’t affect Apple at all.

Which is ridiculous of course.
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Old Yesterday, 11:56 PM
 
Location: Manchester NH
7,684 posts, read 2,064,138 times
Reputation: 2254
Quote:
Originally Posted by Aredhel View Post
Questions: What do you call a large-scale cooperative investment?

Answer: A corporation.

Again, the sort of communal/co-op investment approach you promote simply doesn’t scale. Corporations became as prominent as they currently are because they scale up well.



Because the alternative is relying on your many children to support you in your old age (which doesn’t work well in industrial or post-industrial societies).
Having a network of localities forming a larger country is possible, the key is to decentralize power, and I’m fine with less economic ‘efficiency’.

Remember, networks and cohesive production can still be done based on mutual agreement rather than corporate planning.

As for retirees, if costs for living and medical care weren’t so high, they could be cared for by family and community services that everyone supports for the mutual aid of all the different families.

Again, stock investments shouldn’t control the future of the elder population.
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Old Today, 12:03 AM
Status: "Loving the hilarity of CD." (set 6 hours ago)
 
5,401 posts, read 2,502,925 times
Reputation: 5285
Quote:
Originally Posted by Winterfall8324 View Post
Read history, why was the slave/agriculture economy ended, and why was industrialization promoted.
In the US, it ended due to the outcome of the Civil War. It would have ended on its own due to no longer being economically viable.

Quote:
Why did both major parliamentary parties in Britain agree on free trade policies within the empire, again it had nothing to do with freedom.
I wait anxiously for you to tell me. . .
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