LogFAQs > #952229217

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Topic	To reach Bezos' net worth while working the minimum wage...
zeppelin4ever42 03/29/21 12:42:57 AM #223:	s0nicfan posted... So your issue is that Capitalism claims to be something you don't think exists in a system right now. Okay, fine. Is it closer or farther away from your definition of merit than other economic models? Because throwing out a system that's elevated more poor people than any other in exchange for a worse system because of false advertising seems a bit like shooting yourself in the foot to spite someone else. That last sentence is... deceiving, to say the least The Great Depression was caused by unmitigated capitalism. It was the introduction of what modern Republicans would call "socialism" that stabilized our economic structure until Reagan took office. That was when Republicans, many knowingly, sabotaged our economic system to favor the rich And before someone says "but...", this is proven by the "Double Santa Claus". This was a technique of lowering taxes, claiming it would raise tax revenue, and then complaining when your opposition is in power about the deficit. Considering every Republican president since Reagan has increased the deficit while every Democrat has decreased the deficit, the strategy has been blatantly used Demon1050 posted... I like capitalism because it feels good to know you're earning your way in life and you can live better than the lazy ass that doesn't want to work. I completely understand the problems with it though. The super elite rich are way too out of proportion and it's just not right. Nobody deserves to make THAT much more than another....but what can you do? Many ways to take and distribute their wealth but that on principal isn't fair, despite how badly it needs to be done. The problem is greed and our nature rather than any individual wealth system. Capitalism, social, and commy...any of these COULD yeild a utopia when done right. None of them will ever be right though due to the greed and evil in the world. A good start would be to have billionaires pay at least the percentage of their income as the middle class pays --- Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me Father forgive them for they know not what they do <cite>zeppelin4ever42 posted [p:952229217] in To reach B... [t:79373615]...</cite> <quote>s0nicfan posted... </cite> <quote>So your issue is that Capitalism claims to be something you don't think exists in a system right now. Okay, fine. Is it closer or farther away from your definition of merit than other economic models? Because throwing out a system that's elevated more poor people than any other in exchange for a worse system because of false advertising seems a bit like shooting yourself in the foot to spite someone else.</quote>That last sentence is... deceiving, to say the least The Great Depression was caused by unmitigated capitalism. It was the introduction of what modern Republicans would call "socialism" that stabilized our economic structure until Reagan took office. That was when Republicans, many knowingly, sabotaged our economic system to favor the rich And before someone says "but...", this is proven by the "Double Santa Claus". This was a technique of lowering taxes, claiming it would raise tax revenue, and then complaining when your opposition is in power about the deficit. Considering every Republican president since Reagan has increased the deficit while every Democrat has decreased the deficit, the strategy has been blatantly used Demon1050 posted... </cite> <quote>I like capitalism because it feels good to know you're earning your way in life and you can live better than the lazy ass that doesn't want to work. I completely understand the problems with it though. The super elite rich are way too out of proportion and it's just not right. Nobody deserves to make THAT much more than another....but what can you do? Many ways to take and distribute their wealth but that on principal isn't fair, despite how badly it needs to be done. The problem is greed and our nature rather than any individual wealth system. Capitalism, social, and commy...any of these COULD yeild a utopia when done right. None of them will ever be right though due to the greed and evil in the world.</quote>A good start would be to have billionaires pay at least the percentage of their income as the middle class pays --- Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me Father forgive them for they know not what they do</quote> ... Copied to Clipboard!
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