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Old 08-07-2012, 03:32 PM
 
103 posts, read 64,383 times
Reputation: 15

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Quote:
Originally Posted by UNC4Me View Post
You're forgetting the part where "unearned" income is no longer permitted. In other words, confiscate (AKA steal) the earnings of all investors and all company profits.
Banning unearned income is just banning theft.

All unearned income comes from capital that was built with resources that were stolen.

Do you know what privatization is? Do you think the Native Americans held a yard sale and gave away all this land to the Europeans for free? No, the Europeans took that land by force. It was stolen. Then they stole more land from the Mexicans. And they slaughtered everyone who got in their way.

Privatization of the Earth and its resources means you are claiming control over a portion of the planet for your own private benefit to the exclusion of everyone else and using whatever force is necessary to maintain your control. That is THEFT!

When you privatize a part of the planet, you are stealing that part of the planet from everyone else.

You do realize that allowing people to collect this stolen, unearned income is making you broke don't you? You are advocating a system that is robbing you blind.

 
Old 08-07-2012, 03:37 PM
 
Location: Del Rio, TN
39,803 posts, read 26,303,298 times
Reputation: 25667
Quote:
Originally Posted by FairnessIsGlorious View Post
You are guaranteed a job that pays $115k. If you would rather spend your day building someone else's business idea, you can work for someone else. If you want to spend your day building your own idea and if your idea is feasible, you can get paid $115k building your own company with the potential of making up to $460k if you are successful at it.

That is likely a much better deal than what you are getting now. There is a 97% chance you are getting exploited today.
You are guaranteed a job that pays $115k... Guaranteed that job...provided again by, who? Where do these majic jobs come from?
 
Old 08-07-2012, 03:38 PM
 
11,409 posts, read 7,731,126 times
Reputation: 21908
Quote:
Originally Posted by FairnessIsGlorious View Post
Banning unearned income is just banning theft.

All unearned income comes from capital that was built with resources that were stolen.

Do you know what privatization is? Do you think the Native Americans held a yard sale and gave away all this land to the Europeans for free? No, the Europeans took that land by force. It was stolen. Then they stole more land from the Mexicans. And they slaughtered everyone who got in their way.

Privatization of the Earth and its resources means you are claiming control over a portion of the planet for your own private benefit to the exclusion of everyone else and using whatever force is necessary to maintain your control. That is THEFT!

When you privatize a part of the planet, you are stealing that part of the planet from everyone else.

You do realize that allowing people to collect this stolen, unearned income is making you broke don't you? You are advocating a system that is robbing you blind.
Yeah.... sure it was. Nobody in the history of the world ever created or invented anything. Everyone who owns anything stole it. And yes, that includes the couch you sleep on in your Mom's basement. Better hurry and give that back to the earth you stole it from.
 
Old 08-07-2012, 03:38 PM
 
Location: Prepperland
18,847 posts, read 14,031,242 times
Reputation: 16512
Perhaps if the solution addressed these, it might have a chance:
[] Usury
[] Inequitable trade
[] Money madness

Usury, the fee, denominated in money for the loan or extension of credit, is not only mathematically unsustainable in a finite money token system, it has been denounced for "only" 3500 years.

Inequitable trade is the result of a money based economic system that hides costs, fees and taxes in the retail price. No matter how much you pay someone, the buying power of the wages is far less than barter.

Money madness is the belief that money has to have a value and that it can "store" this value over a long period of time. Money tokens are containers of short term value to facilitate trade where barter is insufficient. When parasites like bankers or government control the volume of money in circulation, it is a recipe for disaster.
......................................
HOWEVER,
Opposing absolute ownership of land, houses, and tools, is proof positive of collectivism, the bane of America law.
From the Communist manifesto:
"In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property."

"PRIVATE PROPERTY - As protected from being taken for public uses, is such property as belongs absolutely to an individual, and of which he has the exclusive right of disposition. Property of a specific, fixed and tangible nature, capable of being in possession and transmitted to another, such as houses, lands, and chattels."
- - - Black's Law dictionary, sixth ed., p.1217.
Since American law expressly protects private property ownership, any abolition of it is contrary to law.

If an owner can no longer benefit nor exclude others from his private property, and can only own by permission of the collective state, he no longer has a RIGHT to life, liberty and property, and is nothing more than a serf.

Last edited by jetgraphics; 08-07-2012 at 03:46 PM..
 
Old 08-07-2012, 03:38 PM
 
103 posts, read 64,383 times
Reputation: 15
Quote:
Originally Posted by Toyman at Jewel Lake View Post
And those workers would work where? If they are responsible for our "total production" they don't need factories provided by employers. They don't need products designed by engineers and designers. They don't need machine tools, also provided by the business owner. They can just go make all these products out of natural resources. Which would be mud, sticks and water without someone to show them how to make something of value from them.

Hope you can find someone that wants to pay $100k for a mud pie.
Where in this proposal does it say we will get rid of managers, engineers and designers?

They are workers, just like everyone else, and they will continue to get paid to manage, engineer and design.

And some of our workers will get paid to build things like factories just like we do in our current system.

Business owners are entrepreneurs and entrepreneurs will continue to get paid based on how well their companies perform just like they do today.
 
Old 08-07-2012, 03:40 PM
 
749 posts, read 835,506 times
Reputation: 647
Quote:
Originally Posted by FairnessIsGlorious View Post
I know as much about economics as anyone. Do you have any facts to back up your claim?
Well....I've personally met "anyone", and like you, he doesn't know ***T!
 
Old 08-07-2012, 03:42 PM
 
103 posts, read 64,383 times
Reputation: 15
Quote:
Originally Posted by Robert_J View Post
I thought the rich were the 1%. They are now the 3%? Will this new salary cap be in effect for professional athletes and Hollywood?
Only 3% of workers get paid an above average income in our current economic system because it is based on exploitation, not fairness. It is not about who is rich and who is not.

The compensation plan would apply to all workers.
 
Old 08-07-2012, 03:44 PM
 
187 posts, read 195,325 times
Reputation: 68
The only way something will change, is if there is a change. The greater the change, the greater the results. wealthy people do not want change, thats the problem and why would they? Salery caps and full regulat is the only way to go, otherwise the take continues.
 
Old 08-07-2012, 03:45 PM
 
103 posts, read 64,383 times
Reputation: 15
Quote:
Originally Posted by Toyman at Jewel Lake View Post
Why don't YOU start a business that does as you propose? It should be easy, and you'd be loved by your employees.
A single company is not an entire economy.

You can't start your own company in our current economy and operate by your own rules instead of by our current economy's rules. Every company is forced to operate within our current market economy's rules.
 
Old 08-07-2012, 03:50 PM
 
Location: Del Rio, TN
39,803 posts, read 26,303,298 times
Reputation: 25667
Quote:
Originally Posted by FairnessIsGlorious View Post
A single company is not an entire economy.

You can't start your own company in our current economy and operate by your own rules instead of by our current economy's rules. Every company is forced to operate within our current market economy's rules.

Why not? Do you lack the courage to do so? The skills? If this is practical...why not demonstrate just how it would all work? That would provide a great deal more credability. Why should an entire market economy experiment with your ideas, when you're not willing to do so yourself?
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