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Started By
Message
re: HRC: "Don't Let Anybody Tell You Businesses & Corporations Create Jobs"
Posted on 10/31/14 at 2:41 pm to Asgard Device
Posted on 10/31/14 at 2:41 pm to Asgard Device
quote:I see what you were saying now. I read it differently. (my fault, not yours).
The point isn't whether or not YOU have control. The point is that somebody or some entity does control the money and gets to decide how it is utilized.
quote:No. Not in the fiduciary context. I can't invest a person. A person, in and of themselves have no economic value. Their labor Clearly does have value. But to get another's labor it must be purchased (in most cases). I can't trade them. I can't buy them. I can't sell them. I can't force them to work. Very different from the inanimate nature of capital.
Yes we are.
quote:Again, not in economic terms. Workers are not like raw goods used in production. We cannot mine them. One would not, for example, grow more people to have workers for their factory.
Yes we are.
Not trying to have a semantic argument, but terms can be important for understanding. (See above)
0
Posted on 10/31/14 at 2:43 pm to HailHailtoMichigan!
quote:
Businesses create jobs, but in order for the impulse to be there, people MUST have money. Money comes first, and then production starts. You can't have an economy unless money is in the hands of people first.
lol,,, you have no clue.
Posted on 10/31/14 at 2:51 pm to Asgard Device
quote:No. Not unless you hired and paid someone to break the windows.
If you break every window in every home did you just create a bunch of jobs?
As for any new jobs created to repair the windows... Those would be created by the window repair vendors.
Not the guy breaking the windows.
How can the guy incapable of fixing windows create jobs of fixing windows? He can't as far as I can see.
Breaking the window doesn't create the job. Breaking the window is economic value destruction. The ability to fix the window creates the job. Because that replaces the destroyed value.
Now one could claim that the owner is creating the job, because ultimately they will be the one paying for the repair. The only problem being, he gets no value for the cost incurred.
Posted on 10/31/14 at 2:59 pm to KCT
quote:Clearly they should. In reality,it's free capital drives an economy, and "demand".
if demand is driving everything, why is there so much disparity throughout the world regarding the standard of living? Wouldn't you think that people in Liberia want the best food, clean water, nice cars, nice homes, etc, just like Americans?
The presumption seems to be more wealth = more 'demand'. But that isn't really true.
Returning to the broken window fallacy.... As pointed out there is no "demand" for broken windows.
Even if a person has $1,000,000, they probably aren't going to replace their unbroken windows. And breaking them doesn't increase demand. Our hypothetical homeowner isn't going to buy 2 windows to replace one broken window.
This post was edited on 10/31/14 at 3:00 pm
Posted on 10/31/14 at 3:26 pm to Taxing Authority
quote:
As for any new jobs created to repair the windows...
quote:
Those would be created by the window repair vendors.
quote:
The ability to fix the window creates the job
So you really do believe that jobs are created from fixing all the broken windows.
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