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Bhud |
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Bhud World Chat Champion
Joined: 11 Oct 2018 Karma :
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chickenstrip |
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chickenstrip Super Spammer
Joined: 06 Dec 2013 Karma :
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Posted: 02:05 - 10 Sep 2022 Post subject: Re: Fixing Capitalism |
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Bhud wrote: |
Are you a shareholder? |
Thank you! That's the longest I've laughed in a long while ____________________ Chickenystripgeezer's Biking Life (Latest update 19/10/18) Belgium, France, Italy, Austria tour 2016 Picos de Europa, Pyrenees and French Alps tour 2017 Scotland Trip 1, now with BONUS FEATURE edit, 5/10/19, on page 2 Scotland Trip 2 Luxembourg, Black Forest, Switzerland, Vosges Trip 2017
THERE'S MILLIONS OF CHICKENSTRIPS OUT THERE! |
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Easy-X |
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Easy-X Super Spammer
Joined: 08 Mar 2019 Karma :
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Posted: 22:58 - 10 Sep 2022 Post subject: |
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If we put "Stocks & Shares" in the general box of "financial instruments" it'd be a start just to separate the honest from the lies.
According to market cap Tesla Inc. is worth >$900 billion but you wouldn't get anywhere near that if the company was liquidated so where's all the extra money hiding? As turnover is >$2 billion a year one might simplistically suggest the value is the market's faith in Tesla continuing to exist, continuing to bring in money and continuing to turn a profit. For how long? No idea in days/months/years but erm... $900 billion is a placeholder for timescale so long enough
"The Market" might be a great system to dictate what the price of eggs is now but it's also a mechanism for speculative future value of... well... almost anything Is it unfair? Is it all just some giant Ponzi scheme? Yes and yes but that's life. Coming up with a fairer system is like shouting at the wind: all attempts to do so have failed so far and look idiotic. ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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Ribenapigeon |
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Ribenapigeon Super Spammer
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Easy-X |
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Easy-X Super Spammer
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Bhud |
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Bhud World Chat Champion
Joined: 11 Oct 2018 Karma :
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Posted: 23:21 - 12 Sep 2022 Post subject: |
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People are unhappy now - no doubt about it. Human needs have, for the most part, been met. The basic drive of mankind in the developed world is no longer greed but envy. It wasn't that long ago when common people had to use public baths, and they did so infrequently, and toilets, such as they were, were in an outbuilding. Overcrowding, squalor, disease, illiteracy etc. From a time when people were mostly malnourished and could hardly get enough to eat and had to walk everywhere, to where life expectancy is around 80 years, and people catch a ride or take private transport, and most health problems result from people being overweight. It's a huge leap. It wasn't that long ago when taking a trip to eastern Europe, Turkey and north Africa was a serious adventure requiring ingenuity, resourcefulness, stamina, social skills, basic linguistic ability and plenty of funds. Now, such a trip is within the purview of a student on a gap year, and a travel company will take care of everything. All covered. This is where capitalism has got us.
I would feel uncomfortable expressing this view on social media. People are hopping mad. They're absolutely discontent. They have physical infirmities, psychological problems, addictions, etc. This is because their expectations from life are astronomical and unrealistic. No doubt, there are problems. However, the market tends to fix them thanks to its ability to self-correct, i.e. recession and depression can occur and readjust supply, prices and inflation, but it would take a lot more to trigger complete collapse. Under a communist system, top-down management would require production and productivity in several different sectors. Which is cheaper? Labour or automation? Under capitalism, labour gets more and more expensive, and automation gets cheaper. Under communism, automation is nonexistent and you don't even buy it from another country if there is no drive. Therefore, you set the people (basically free, slave workforce) to work in the fields, to provide the food and other stuff. More stuff needed so you have something to sell? No problem - set more slaves to work in mines or factories. It's hell on earth - North Korea is a good example. |
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Easy-X |
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Easy-X Super Spammer
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Posted: 12:15 - 13 Sep 2022 Post subject: |
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Some quotes:
Winston Churchill wrote: | Capitalism: The worst economic system, except for all the others |
Winston Churchill wrote: | The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. |
Jordan Peterson wrote: | If you think capitalism is the fundamental cause of inequality you are not in the least serious about understanding inequality - or about ameliorating its most undesirable consequences. |
Milton Friedman wrote: | Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed? What is greed? Of course, none of us are greedy, it’s only the other fellow who’s greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty you’re talking about, the only cases in recorded history, are where they have had capitalism and largely free trade. If you want to know where the masses are worse off, worst off, it’s exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system. |
Fix Capitalism? Again I'd say it'd be nice to actually have it ____________________ Husqvarna Vitpilen 401, Yamaha XSR700, Honda Rebel, Yamaha DT175, Suzuki SV650 (loan) Fazer 600, Keeway Superlight 125, 50cc turd scooter |
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chickenstrip |
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chickenstrip Super Spammer
Joined: 06 Dec 2013 Karma :
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Posted: 13:45 - 13 Sep 2022 Post subject: |
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Easy-X wrote: |
Fix Capitalism? Again I'd say it'd be nice to actually have it |
That's certainly the case for many a former small business owner and employee shut down by those despicable socialist rats in the Tory party, on the pretext of the Covid pandemic, and then continued with the Green New No Energy policies.
Socialists:
https://s.yimg.com/ny/api/res/1.2/oMHf5Ob_0yJeLRDclfr.Xg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyMw--/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-05/0e301b10-a046-11ea-bc7f-40a7e7a53146 ____________________ Chickenystripgeezer's Biking Life (Latest update 19/10/18) Belgium, France, Italy, Austria tour 2016 Picos de Europa, Pyrenees and French Alps tour 2017 Scotland Trip 1, now with BONUS FEATURE edit, 5/10/19, on page 2 Scotland Trip 2 Luxembourg, Black Forest, Switzerland, Vosges Trip 2017
THERE'S MILLIONS OF CHICKENSTRIPS OUT THERE! |
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Old Thread Alert!
The last post was made 1 year, 225 days ago. Instead of replying here, would creating a new thread be more useful? |
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