Capitalism, The Best Solution to Poverty

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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Fri Dec 27, 2024 7:03 am

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Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Fri Dec 27, 2024 9:01 am

are you propagandizing??? or proselytizing :lou:
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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Fri Dec 27, 2024 9:04 am

You got a problem with that post?
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"It isn't necessary to imagine the world ending in fire or ice.
There are two other possibilities: one is paperwork, and the other is nostalgia."

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"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Fri Dec 27, 2024 3:08 pm

repetition
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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Fri Dec 27, 2024 9:33 pm

repetition
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"It isn't necessary to imagine the world ending in fire or ice.
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"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Fri Dec 27, 2024 9:34 pm

No you!
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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Tue Jan 07, 2025 6:52 am

The chief executives of FTSE 100 companies will have made more money in 2025 by midday on Monday than their average worker does in a whole year, according to the latest measure of inequality between bosses and their employees.

Median pay for FTSE 100 chief executives is £4.22m, 113 times the median full-time worker’s pay of £37,430, according to the High Pay Centre, a campaign group. That means UK bosses will exceed their workers’ annual pay within 29 hours – or at about 11:30am on Monday, if they started work straight after the new year holiday.

https://www.theguardian.com/business/20 ... -in-a-year
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"It isn't necessary to imagine the world ending in fire or ice.
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"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by JimC » Tue Jan 07, 2025 7:34 am

Lamp posts...

Just saying'...
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Re: Capitalism, The Best Solution to Poverty

Post by Sean Hayden » Tue Jan 07, 2025 4:55 pm

But Jim, who would be left to create value?
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Re: Capitalism, The Best Solution to Poverty

Post by Svartalf » Wed Jan 08, 2025 6:03 am

the proletariat
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Wed Jan 08, 2025 6:46 am

They're too stupid without the Marxists to lead them.
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Wed Jan 08, 2025 7:59 am

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Re: Capitalism, The Best Solution to Poverty

Post by Tero » Wed Jan 15, 2025 1:30 am

Elsewhere. Not just poverty, also the middle classs. It is going downward.

acbytesla (user)
It is capitalism killing the golden goose. One of the most important driving force in the economy is consumerism. By demanding an overwhelming piece of the pie, they are eliminating the ability of the middle class and poor to consume at levels they use to. This drives down demand. Wealthy people do not spend at the rates that the poor and middle class do. They also spend it on boutique one off products that poorly contribute to the economy. A 400 million dollar yacht is an extremely poor contribution to the economy. So is a 100 million dollar high rise apartment in Manhattan. Or a 40 million dollar G5. The money flips too slowly.

The purchasing habits of a singular wealthy person does not help the economy as well as 400 middle class people.
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Re: Capitalism, The Best Solution to Poverty

Post by Sean Hayden » Wed Jan 15, 2025 3:28 am

Where is this happening?
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Re: Capitalism, The Best Solution to Poverty

Post by JimC » Wed Jan 15, 2025 3:39 am

Sean Hayden wrote:
Wed Jan 15, 2025 3:28 am
Where is this happening?
Anywhere that is seeing a steady increase in wealth disparity...
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