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Old 02-11-2019, 09:52 AM
 
10,609 posts, read 5,655,496 times
Reputation: 18905

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Quote:
Originally Posted by RememberMee View Post
That's nice recitation of Econ 101 but it is notorious for ignoring the issues of economic coercion,
There is no such thing as economic coercion. It does not exist. Free and willing people engage in commerce - voluntarily exchange hard-earned money for goods and services, thereby making both the buyer and the seller better off.


Quote:
Originally Posted by RememberMee View Post
wage slavery
There is no such thing as wage slavery. It does not exist. Free and willing people enter the workforce, and voluntarily exchange their time and labor for compensation from a free and willing employer, thereby making both the employee better off and allowing the owners of the hiring business to be better off. Everyone wins, including Uncle Sam.

Quote:
Originally Posted by RememberMee View Post
and sad&bloody economic history of mankind.
Go outside and interview a hundred people, asking them, "does what happened in medieval times or during the Roman Empire have an impact on your life today? and you will get 100 people who say "no, of course not."

Quote:
Originally Posted by RememberMee View Post
All that crafting of the products sits on the shoulders of economic if not physical coercion.
Proven false.

I'll not respond to the rest of your post, as it is economic "baby talk" stringing together and misusing words, sounds, and concepts in a failed effort to demonstrate logical thought.
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Old 02-11-2019, 09:56 AM
 
10,609 posts, read 5,655,496 times
Reputation: 18905
Quote:
Originally Posted by RememberMee View Post
The owning class wants to confiscate my time, my health, frequently my dignity and my sanity to facilitate their earnings..
There is no such thing as "The owning class." It does not exist.

Primary shareholders of corporations are public sector union pension funds, providing a pension to public sector employees in their retirement. Add to that individual investors through their 401Ks, college savings, and lifetime nesteggs.
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Old 02-11-2019, 09:59 AM
 
10,503 posts, read 7,048,799 times
Reputation: 32344
Quote:
Originally Posted by RationalExpectations View Post
There is no such thing as economic coercion. It does not exist. Free and willing people engage in commerce - voluntarily exchange hard-earned money for goods and services, thereby making both the buyer and the seller better off.




There is no such thing as wage slavery. It does not exist. Free and willing people enter the workforce, and voluntarily exchange their time and labor for compensation from a free and willing employer, thereby making both the employee better off and allowing the owners of the hiring business to be better off. Everyone wins, including Uncle Sam.



Go outside and interview a hundred people, asking them, "does what happened in medieval times have an impact on your life today? and you will get 100 people who say "no, of course not."



Proven false.

I'll not respond to the rest of your post, as it is economic "baby talk" stringing together and misusing words, sounds, and concepts in a failed effort to demonstrate logical thought.

I kind of picture this guy angrily banging away at his keyboard in his mother's basement after getting fired from Arby's. Kind of a 21st-Century answer to Ignatius J. Reilly.

His mom shouts from upstairs, "Did you look for a job today?"

"No, Mom. I'm not going to be a wage slave. I am working on my manifesto that will change the world!"

"Well, manifesto or not, your car payment is due next Thursday. You promised that you'd make the payments."


"Shut up, Mom! Did you get the string for my lute?"
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Old 02-11-2019, 10:06 AM
 
10,609 posts, read 5,655,496 times
Reputation: 18905
Quote:
Originally Posted by MinivanDriver View Post
I kind of picture this guy angrily banging away at his keyboard in his mother's basement after getting fired from Arby's. Kind of a 21st-Century answer to Ignatius J. Reilly.

His mom shouts from upstairs, "Did you look for a job today?"

"No, Mom. I'm not going to be a wage slave. I am working on my manifesto that will change the world!"

"Well, manifesto or not, your car payment is due next Thursday. You promised that you'd make the payments."


"Shut up, Mom! Did you get the string for my lute?"
LOL!

Life is short. I put him on my 'Ignore List."
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Old 02-11-2019, 10:23 AM
 
10,764 posts, read 5,683,884 times
Reputation: 10884
Quote:
Originally Posted by MinivanDriver View Post
I kind of picture this guy angrily banging away at his keyboard in his mother's basement after getting fired from Arby's. Kind of a 21st-Century answer to Ignatius J. Reilly.

His mom shouts from upstairs, "Did you look for a job today?"

"No, Mom. I'm not going to be a wage slave. I am working on my manifesto that will change the world!"

"Well, manifesto or not, your car payment is due next Thursday. You promised that you'd make the payments."


"Shut up, Mom! Did you get the string for my lute?"
Hehehe!

With each post, he’s looking more and more like Winterfall’s alter ego.
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Old 02-11-2019, 10:35 AM
 
6,326 posts, read 6,595,089 times
Reputation: 7457
Quote:
Originally Posted by RationalExpectations View Post
There is no such thing as economic coercion. It does not exist. Free and willing people engage in commerce - voluntarily exchange hard-earned money for goods and services, thereby making both the buyer and the seller better off.




There is no such thing as wage slavery. It does not exist. Free and willing people enter the workforce, and voluntarily exchange their time and labor for compensation from a free and willing employer, thereby making both the employee better off and allowing the owners of the hiring business to be better off. Everyone wins, including Uncle Sam.



Go outside and interview a hundred people, asking them, "does what happened in medieval times or during the Roman Empire have an impact on your life today? and you will get 100 people who say "no, of course not."



Proven false.

I'll not respond to the rest of your post, as it is economic "baby talk" stringing together and misusing words, sounds, and concepts in a failed effort to demonstrate logical thought.
Just because you deny history and reality of economic coercion and wage slavery followed by recitation of Econ 101 staples, you do not make your point. We are creatures limited by time (and health). Free people under no conditions exchange their limited resources of time and health at 1:1000+ ratio. It takes coercion, repression and culling or extermination of non compliant or undesirable to achieve those ratios. Talk about "freedom" in the system where 1:10000 labor (loosely speaking) exchange ratios are a norm is ridiculous, save that pitch for your favorite talk radio.
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Old 02-11-2019, 10:41 AM
 
6,326 posts, read 6,595,089 times
Reputation: 7457
Quote:
Originally Posted by RationalExpectations View Post
There is no such thing as "The owning class." It does not exist.

Primary shareholders of corporations are public sector union pension funds, providing a pension to public sector employees in their retirement. Add to that individual investors through their 401Ks, college savings, and lifetime nesteggs.
Denial again. Owning Class: Investors and their family members with enough income from assets that they don't have to work to pay basic bills. A subset have positions of power or vast wealth that put them in the ruling class.
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Old 02-11-2019, 10:45 AM
 
6,326 posts, read 6,595,089 times
Reputation: 7457
Quote:
Originally Posted by TaxPhd View Post
Hehehe!

With each post, he’s looking more and more like Winterfall’s alter ego.
For some reason you believe that your attempt to turn this discussion personal fire me up. Please, I am not bothered by what you call me in the least. It is funny to observe Econ 101 sect mindlessly reciting their chants in between attempts to make an opponent to feel inferior. So freaking childish.
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Old 02-11-2019, 10:54 AM
 
6,326 posts, read 6,595,089 times
Reputation: 7457
I listen Glen Beck today (I have a strong gag reflex). Today the clown claimed that the right for subsistence means is a form of slavery. Truly Orwellian claim. What's more sad his brain dead working class audience (a few paychecks away from the skid row) agrees with that claim.
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Old 02-11-2019, 10:55 AM
 
2,747 posts, read 1,784,690 times
Reputation: 4438
Quote:
Originally Posted by RememberMee View Post
Denial again. Owning Class: Investors and their family members with enough income from assets that they don't have to work to pay basic bills. A subset have positions of power or vast wealth that put them in the ruling class.
Cool, so even though I still work I can pay my basic bills from the assets I've accumulated. How do I know which people I own, want to make sure those slackers are earning their keep!
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