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re: Anyone have an actual good alternative to the economic system we have created?

Posted on 6/21/18 at 2:12 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299688 posts
Posted on 6/21/18 at 2:12 pm to
quote:

Your premise is built on a foundation of faulty assumptions.


Yep I'm out. This is unicorn glitter crap
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:12 pm to
quote:

quote:
Gotcha, so what guarantee do you have in a free market that the companies won't just pay everyone just enough to survive?


Competition


Is they all underpay wtf are you talking about? you think a S&P company is gonna pop up out of the ground and offer higher wages because they charge more for higher quality products? This will not be ow it goes down, the super companies already exist and would run the country at that point.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:13 pm to
quote:

quote:
tigerdude3232


All of the questions you are asking have been addressed in economic theory over the last couple of hundred years. If you really want answers pick up a book.


I have a feeling you have no interest in actually learning though. You think you already know the answers


I'm sorry you are dumb and can't teach me anything.....
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61196 posts
Posted on 6/21/18 at 2:13 pm to
quote:

Why should we have to finance our lives?
Interest is the price for having something now and it’s totally your choice.

Sounds like you’ve been getting hit with a bit of student loan payments.
This post was edited on 6/21/18 at 2:14 pm
Posted by Antonio Moss
The South
Member since Mar 2006
49405 posts
Posted on 6/21/18 at 2:15 pm to
quote:

Half of our market is people making money by lending you money in various ways.



False, it makes up less than 1/14th of our GDP


quote:

Why should we have to finance our lives?


Because credit economies allow for more upward mobility. Unless you like the idea of stagnate economic hierarchies.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:15 pm to
quote:

quote:
we only wanted to create, we wouldn't feel the need to create something better to show off would we?


Jesus Christ. If this is your belief

This is an exercise in futility. You're so far off base with this and utterly refuse very simple economic explanations.

You need an economics Course in the worst way, it will answer most of your questions. Without that basic knowledge everyone here is wasting time trying to explain it to you



Do you really believe you have it figured out lol? You seem to live in a tiny little box that has limitations to how creative you can think. You don't have to participate you know, you can continue letting the big boys think for you.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/21/18 at 2:16 pm to
quote:

I'm sorry you are dumb and can't teach me anything...


There quite literally millions of books and other scholarly works on this topic, why would you want to learn from someone on an anonymous message board?
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:16 pm to
quote:

quote:
I'm guessing you are just too smug to share, thanks anyways for being you. You've done so much for us all.
Nope. You’re just too lazy to seek and think. Like most pseudo-intellectuals.


What do you think this is son? This is seeking.....damn dude you need to be more positive and stop living life like your daddy told you to
Posted by Barbellthor
Columbia
Member since Aug 2015
11293 posts
Posted on 6/21/18 at 2:17 pm to
quote:

Wealth is the last thing mankind is holding on to that lets us feel better than others.

Nah. It's all about how you define success. Some do it through altruism--"I volunteered more, so I'm a public servant and you're a capitalist pig." Some through athleticism, having the hotter wife/husband, musical talent, and yes perhaps most or certainly many through financial success. It's part of the human condition either way; you'll find that natural "greedy" impulse in any system.

The better question is:
quote:

So what aspect of capitalism prevents everyone from starving? What is the major difference in the two systems to you?

With capitalism, or at least historically with the US, we have religious and other non-denominational charitable entities and individuals to provide shelters, foundations, soup kitchens, legal aid, etc. My GF (no pics) was an avid member of dance marathon while at LSU and helped raise hundreds of thousands for a local children's hospital--through individual altruism allowed by the market.

With Communism/other heavily government-run systems, the government decides it can do these things better...and just look at how something as simple as the post office turned out. It took Fedex and UPS to get the USPS off its butt and get better.

This is not to say capitalism is perfect or there is no area the government shouldn't touch. It's simply to say we should err on the side of more individual and market liberty. Look at the healthy lollipop thread with that kid. We have a system that allowed a child, no less, to create an equally (presumably) tasty treat which is actually healthy. The market provides innovation and merit-based advance, while allowing our religious/altruistic nature the room to work effectively through the market or straight up donation. As I have heard from my Youtube perusing, conservatives regularly donate more than liberals, and conservatives generally like a freer economic and intellectual market.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53535 posts
Posted on 6/21/18 at 2:18 pm to

This is a great book and a relatively short and easy read. You can find it free online from a number of sources.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61196 posts
Posted on 6/21/18 at 2:18 pm to
You seem to think social classes owe each other something. They owe each other absolutely nothing.

Go be a productive member of society or don’t. Your choice.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:18 pm to
quote:

quote:
You need money to survive. Half of our market is people making money by lending you money in various ways. Why should we have to finance our lives


No you don't. You could barter your time for food or shelter or whatever you wanted. A currency is just a way to ease the transactions.


Sorry, you need money to survive without limitations in out society
Posted by Antonio Moss
The South
Member since Mar 2006
49405 posts
Posted on 6/21/18 at 2:19 pm to
quote:

Is they all underpay wtf are you talking about?


Except, in reality, they don't underpay. They can't. Labor competition is the driving force behind wages. Do you think doctors make more than people who flip burgers randomly?

quote:

you think a S&P company is gonna pop up out of the ground and offer higher wages because they charge more for higher quality products?


They will offer higher wages for more valuable labor become more valuable labor will create a higher quality product that will increase revenue.

This happens literally every single day in every part of the country.


quote:

This will not be ow it goes down,


This is how is goes down right now.


quote:

the super companies already exist and would run the country at that point.


What in the holy hell are you talking about?
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61196 posts
Posted on 6/21/18 at 2:21 pm to
quote:

What in the holy hell are you talking about?
The man been putting her/him down. And it’s time to get some.

Female Russian troll, most likely.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:22 pm to
quote:

quote:
Why should we have to finance our lives?
Interest is the price for having something now and it’s totally your choice.

Sounds like you’ve been getting hit with a bit of student loan payments.


Luckily didn't have to take out loans. When my mom was 20 a top of the line Mustang was about 4000, about 25% of her starting salary. The same car is now 2-3 times what her starting salary would have been. I just seem to think that's an issue
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61196 posts
Posted on 6/21/18 at 2:23 pm to
Economics in one lesson will be over her head. Great book to bust apart the societal fallacy she believes, so it won’t be read.
This post was edited on 6/21/18 at 2:23 pm
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61196 posts
Posted on 6/21/18 at 2:25 pm to
Oh geez.
It’s no where near the same car. That’d be comparable to a Smart Car.

I’m out. Time to go check on my trust fund, buy some lobsters for tonight and shake some martinis.
This post was edited on 6/21/18 at 2:27 pm
Posted by Antonio Moss
The South
Member since Mar 2006
49405 posts
Posted on 6/21/18 at 2:25 pm to
quote:

The same car is now 2-3 times what her starting salary would have been. I just seem to think that's an issue


Two things on this. First, regulatory liability for nearly all sectors is exponentially higher than it was a generation ago and, thus, price point had to increase.

Second, the demand of this vehicle has increased over time and, thus, the price has increased.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 6/21/18 at 2:26 pm to
quote:

When my mom was 20 a top of the line Mustang was about 4000, about 25% of her starting salary. The same car is now 2-3 times what her starting salary would have been. I just seem to think that's an issue


That mustang now has a computer in it and will last, on average, 2 to 3 times longer than the one your mom drove.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/21/18 at 2:32 pm to
quote:


quote:
Half of our market is people making money by lending you money in various ways.



False, it makes up less than 1/14th of our GDP


It actually makes up more...

Thought this was interesting.....1.89% of the population accounts for 7.3% of our GDP.
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