His premise is faulty as the only reason why the wealthy are able to rig the system and enact legislation that allows them to limit competition is because of pay-to-play politics. If the government weren't corporate stooges, then they'd have no reason to have its hands in the pot.
The idea of a "free market" was tried once in NZ and it was a disaster.
You know not all big companies are called corporations, right?
MacDonald's in Finland is not a corporation, because a corporation can not ,by definition, operate under socialist rules.
Nordic continents right now, China right now, Britain during colonial era, roman empire before that. none of these have been operating under capitalist rules and the latter two had a vastly superior economy compared to US since its inception.
Hell, even Persian empire ruled over 44% of the earth population under a monarchy. And it was one of the ( if not the) most impressive economies in the history of mankind.
I'm not offended, I just think it's obviously silly. The lower class "inner city kids", on average, behave much worse than their upper middle class counterparts. This is really obvious. I can't see much incentive to claim otherwise aside from displaying some faux-enlightenment.
See, like the other poster, I whole-heartedly agree you shouldn't go trying to hide money on purpose so you don't have to pay taxes. I whole-heartedly disagree with you and that same poster, that I should randomly spend money on things I might not want or need "just because".
Let me put it this way, and this is kind've my argument I was making earlier. I grew up with nothing, and had "nothing" into my low 20's so there was tons of (realistic, not million-dollar cars) superfluous things I always wanted. Once I "made it", and started having a quarter, than half, and then more (see: money grows) extra money per year, I started buying those superfluous things but there comes a point when you've boughten all the things you wanted and unless you randomly go buy $100,000 bottles of water or randomly spend money on [insert random thing to spend money on], "just because", it's "hard" (can't think of a better word) to spend money.
Last edited by alturic; 2016-05-21 at 04:46 PM.
You said this:
If you have nothing to spend it on, why keep it and hoard it instead of contributing to society?Actually, there is. Especially considering once you hit a certain threshold there just isn't "much" to buy outside of stupid things like $100,000 bottles of water and the like. Like, there comes a point (if you weren't born into it, and you actually "made it" in life) where there's just nothing else you need/want to buy for yourself.
im middle class and the development next to me has about 200 mansions, nicest people i have ever met. most grumps and jerks i have met have been poor so i guess rich people are better
The amount of wrong here is absurd. Nordic nations are all hybrid economies with significant capitalism present. The other examples are so far behind the United States in wealth, productivity, and well-being that they make my point pretty cleanly - no reasonable person would prefer to live in colonial Britain than the modern United States.
The owners of the company that provides our income are rich, They buy us a trip out of country yearly, give good raises, give gift cards to fancy places frequently. My moms best friend has 40 million in the bank. She sends us on trips, buys us stuff, hosts massive parties with great food.
I love rich people, with out them my life would be much more dull.
READ and be less Ignorant.
The problem is not in the rich getting richer. It is how they are getting richer and how unfair the tax system is. So the blame is not the rich, but the system is rigged to favor them. It just common sense to make money, you need to spend money. And the rich can do that more than the poor can. Which without them, there would be less products to buy. I do not know how I can explain it any better. We may have to agree to disagree.
I worked discount retail for ~5 years. During my time there I had a variety of wealthy people come in and shop, one guy in particular would buy the broken items nobody else bought and take them home to repair them. On the whole, they were all very friendly, sometimes giving me money to go buy food with once I was on break.
I remember only one person among them who was rude to me. Proportionately I had a lot more experiences with rude and demanding poor people who walked about as though they were entitled.
Ultimately the job was helpful in teaching me to better take people as individuals. I understand it's natural for the brain to categorize people, but experiences seems to keep it more flexible, I think.
Let me ask you something OP, how do you feel about rich politicians? A lot of my friends who loathe rich people are completely fine with rich politicians, but only if those politicians are democrats. I'm curious if that's anything you've ever given any thought to.
Shall we compare the number of rich people that are unpleasent with the number of poor people that are unpleasent?
Or would that be too confronting
Some people are just dicks. Doesn't matter what background they have.
The only difference is that if you have enough money, it doesnt matter because there are fewer concequences.