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Old 01-18-2016, 04:20 PM
 
Location: Chicago
5,559 posts, read 4,626,761 times
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Quote:
Originally Posted by eok View Post
Bernie has been an extreme radical socialist all his life. For this campaign, he hides how radical he really is. That makes him dangerous.

Trump is a bully who doesn't know what he's doing. When in the White House, he will randomly bully people, and the overall effect will be a disaster. That makes him even more dangerous than Bernie.

The others are politicians, and that makes them the most dangerous of all.

Therefore, we should all vote for Bernie, as the lesser of the evils, and the least dangerous.
There is no n such thing as an extreme radical in U.S. politics especially someone who has been in the Senate so long. Sanders doesn't tow the party line, tries to represent his constituency, and appears to be honest. I guess in some respects that would make him radical. I enjoy watching him making life difficult for the Queen.
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Old 01-18-2016, 04:39 PM
 
Location: San Diego California
6,795 posts, read 7,285,342 times
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Quote:
Originally Posted by eok View Post
In high tech industries, small businesses also have to deal with patents. The patent office allows big corporations to get a lot of vague generic patents that give the appearance of covering a lot of stuff that hasn't been invented yet. Then when a small business invents something, the big corporation can hire the best patent lawyers, to make their vague generic patents cover what was invented. So that's one more way big companies use the government against small businesses, making it easier for big companies to compete and harder for small businesses to survive.

And because patent law is complicated, and the big corporations force small businesses to become experts at patent law just to have a chance to survive, it takes too many resources away from the small businesses' main efforts, making it harder for them to do all the other stuff they need to do to compete.

And the same goes for other kinds of law. Everything that affects the competition between big corporations and small businesses, the small business needs expertise at that kind of law, at the expense of resources they need for doing their actual business.

It's the essence of capitalism. Accumulating enough capital to buy the government, by spending it on things like patent law firms, to put competitors out of business, because monopolies make more money easier.

And there are so many other ways to bigger business can use the government to outcompete small businesses. Such as by being too big to fail, etc.

Kind of reminds me of the way JP Morgan screwed Tesla out of his patents. Basically, the wealthy can afford to use the courts to break the little guy, as the cost of defending lawsuits can become astronomical.
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Old 01-18-2016, 04:45 PM
 
Location: San Diego California
6,795 posts, read 7,285,342 times
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Quote:
Originally Posted by ringwise View Post
That's a lie. Most wealth has been earned first hand. Far fewer people were born into wealth than earned it.
That depends on your definition of wealth, if you are talking about the top 5% then you are right, if you are talking about the uber rich .01% then no, most "old" money is handed down from generation to generation. The new money is not even accepted in the same social circles as old money.
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Old 01-18-2016, 07:11 PM
 
Location: Spain
12,722 posts, read 7,567,076 times
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Quote:
Originally Posted by jimhcom View Post
The mom and pop business structure that was common prior to the 1970's has for the most part been driven to extinction by corporate competition.
Okay, what percentage of small businesses are Mom & Pop type businesses versus the 1970s. You seem focused almost exclusively on retail, but I suspect there are far more small businesses with a digital footprint than you're considering.
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Old 01-18-2016, 07:19 PM
 
30,891 posts, read 36,937,375 times
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Quote:
Originally Posted by Happiness-is-close View Post
Yet still Republicans fight to prevent minimum wage increases while advocating to cut taxes for the rich, who are richer than ever before.
Raising the minimum wage doesn't fix the core problem in large cities. The limited housing supply is what makes life toughest in big cities for everyone, especially on the poor. If citiees don't increase the housing supply, you are still going to be outbid for housing if you only earn the minimum wage.

Why Middle-Class Americans Can't Afford to Live in Liberal Cities - The Atlantic

Blue America has a problem: Even after adjusting for income, left-leaning metros tend to have worse income inequality and less affordable housing.
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Old 01-18-2016, 07:25 PM
 
30,891 posts, read 36,937,375 times
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Quote:
Originally Posted by Skydive Outlaw View Post
In order to effectively and continually argue that 'some workers are only worth $10 an hour', it is also necessary to objectively explain and/or justify how the CEO of a company could be worth $2,000 an hour ($3,840,000/year).


And, no. The answer is not, 'the free market.'


Because the 'free market' isn't that free when you consider:


Corporate bailouts, corporate tax breaks, subsidies, political access capitalism, corporatism, neo-fascistic partnerships between big business and politicians and corporate welfare.
The lack of the free market is the core problem--at the top and the bottom of the spectrum. You don't curan unfree market by making it even more unfree.
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Old 01-18-2016, 07:28 PM
 
30,891 posts, read 36,937,375 times
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Quote:
Originally Posted by ColoGuy View Post
This is what happens when $20/hr manufacturing jobs are replaced with $10/hr service jobs.

This was guaranteed to happen when we gleefully opened up China and forced the America worker to compete mono e mono with the Chinese. Basically expecting Great Danes to adapt to a Dachshunds diet and be happy about it. It didn't work. It couldn't work. It wasn't designed to work.

Our government threw most Americans under the bus.

The rich? Their day will come. The economy has been supported by a 19 trillion dollar credit card called the Federal Reserve. An institution that has never forgiven debt.

The Master Plan from the Master Planners? Collapse the world into the Chinese blend of Communism and Hyper Capitalism. Essentially a return to good old feudalism. It is good to be the King and the Court.
Yes, this is one aspect of the plan to create a global feudal society. I will also say automation probably contributed to this trend more than low wage countries like China have.

Here's another aspect of the plan covered in the first 5 minutes of the video:


https://www.youtube.com/watch?v=ipKHqY7uxSg
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Old 01-18-2016, 07:37 PM
 
30,891 posts, read 36,937,375 times
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Quote:
Originally Posted by eok View Post
This is the essence of American capitalism. The more money you have, the more you can benefit from the government, which helps you get even more money. Putting capital to efficient use, to earn even more capital, is practically the definition of capitalism.
This is true.

Quote:
Originally Posted by eok View Post
Putting capital to use by using it to buy the government, is an efficient way to put it to use, thereby doing efficient successful capitalism.
This is not. And it's not capitalism, either. More like Crony-ism or Corporate Socialism or Cartel-ism or Fascism...but definitely not free market capitalism.
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Old 01-18-2016, 07:45 PM
 
Location: Chicago
5,559 posts, read 4,626,761 times
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Quote:
Originally Posted by mysticaltyger View Post
This is true.



This is not. And it's not capitalism, either. More like Crony-ism or Corporate Socialism or Cartel-ism or Fascism...but definitely not free market capitalism.
There is nothing about capitalism or any economic system that prevents the wealthiest in a society to simply take over the government and pass laws for its benefit. That is why the economies of the U.S., Japan, Russia, China, and Germany look so similar nowadays.

The problem with any economic theory is that they ignore history and the ultimate outcomes of all economic systems.
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Old 01-18-2016, 07:51 PM
 
30,891 posts, read 36,937,375 times
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Quote:
Originally Posted by Dr. Kevin View Post
28173;

Both the communists and the capitalists have good intentions.
I'm not sure about that. Perhaps most ordinary people have good intentions, but there is a small elite at the top of both economic systems who are sociopathic in nature who really don't care about anybody else. They are going to game whatever system exists for their own benefit (or try to).

Quote:
Originally Posted by Dr. Kevin View Post
Both succeed for a moment, and then flow into corruption, eventually flowing into each other. Capitalism flows into Communalism; Communalism flows into Capitalism.
I'm not sure if capitalism flows into communalism so easily. I think Capitalism flows into Communism/Communalism more easily than the other way around. But your essential argument is correct that both are subject to corruption as is plainly evident.

The problem is the nature of the corruption of both is different. Corrupt capitalism is blatant and in-your-face. Corrupt Communism is more subtle, at least for quite a while. It masquerades as helping people, which sometimes happens in the short run--but in the long run it slowly and steadily makes people dependent. It makes them believe they can't do things for themselves. It becomes just a sneakier way to control people.

So the two which appear to be opposite at the start end up getting us all to the same place--a totalitarian state/world. Both end up being different masks on the same face.
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