(February 17, 2016 at 9:18 am)Constable Dorfl Wrote:(February 17, 2016 at 8:21 am)bennyboy Wrote: People who don't understand economics shouldn't use their ignorance as the basis for moral arguments. I'm not sure why you guys are coming in with all the shit-talk, but fucking knock it off-- at least until you know more about the particular business Chad is in and the unique challenges he faces in making his business work.
Is Chad his brother's keeper? Does he have a moral obligation to burn money just because you or your dropout cousin or whatever doesn't have a cushy union job? You aren't asking him to choose between big profits and moderate ones-- you're probably demanding that he commit business suicide because Americans want big pay and benefits whether an employer can afford them or not.
I know well about economics, first of all I studied it for my degree and second of all I was at the wrong end of its latest failure.
What you and shit for brains and other free market cheerleading advocating retards don't understand is that free market economies will always fail as failure is an essential component of the system. Failure is the easiest and cheapest way for those at the top to ensure they stay at the top, after every single crash it is the same people who come out ok and in control of wealth, however those below get ruined. It happens every single time.
To be fair, you will never end the private sector at a global scale. There is not one nation, friend or foe, open or closed market that does not invest in the global private sector. The only reasonable thing we can do is push to hold wealth responsible for the damage it can and does cause.
It is why I hate the right calling "capitalism" a form of government. They have twisted the meaning of it to justify our growing plutocracy. China allows the private sector to exist, so they are "authoritarian capitalists". Saudi Arabia's Royal Family owns oil companies and invests in banks and weapons. Gadaffi was a billionaire who owned stock in GE. Iran also controls oil and their Imams also have investments in the global market. If the Un Family didn't have global investments they would have no money to pay their armies. Same with the Castro family.
I am no fan of closed markets, but I am also no fan of Ayn Rand "fuck you I got mine" either. Mixed economies that use regulation to prevent monopolies and abuse of wealth fair better long term. Centralized wealth is the same, be it one party, one religion or one class.
The nutfucks who rail against regulation all the time also get proven wrong. Lead was removed from gas, cars were still made. Nader pointed out the bad designs of cars, and car companies learned to improve and sell safety features. But now, it is far more important to our species, which even the uber rich cannot avoid, that we stop clinging to bad technology out of greed. Our planet is at stake, and if we don't wake up, there will be no money to be made by wealthy people.
I look at economies no different than life before the first paper and coin currency was invented by humans. In any given ecosystem, if one form of life gets too dominate the entire ecosystem becomes unsustainable. It is sad considering the GLOBAL GDP that the wealth of the world cant see they'd do better to care about humans. It is sad on a planet of 7 billion humans that 62 people have the combined wealth of 3 billion humans.
The wealth of the world cant keep doing this. It will end up hurting them as well.
