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re: This is a real Reddit post: returns on investments are an unnecessary cost to society
Posted on 8/29/20 at 2:41 pm to NC_Tigah
Posted on 8/29/20 at 2:41 pm to NC_Tigah
the pictures above were actually taken in the White House the day after the Obama's moved out. Melania was right in replacing the facilities
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Posted on 8/29/20 at 2:46 pm to HailHailtoMichigan!
An Art History major playing Economist
Posted on 8/29/20 at 2:48 pm to HailHailtoMichigan!
quote:
the state does not "need" a return on its endeavors. As long as it doesn't spend more than it takes in in tax funds or service fees, it will exist.
Remove the profit motive and we don’t have things like Velcro or thinsulate.
Posted on 8/29/20 at 2:51 pm to HailHailtoMichigan!
So much wrong... I simply have no idea where to begin with that.
Posted on 8/29/20 at 3:13 pm to HailHailtoMichigan!
quote:
As long as it doesn't spend more than it takes in in tax funds or service fees, it will exist.
And innovation and advancement will cease to exist.
Posted on 8/29/20 at 3:14 pm to HailHailtoMichigan!
Y’all laugh but I have heard this multiple times in opposition to privatization plans.
Posted on 8/29/20 at 3:29 pm to HailHailtoMichigan!
That sounds exactly like something James Taggart from Atlas Shrugged would say.
Posted on 8/29/20 at 3:33 pm to Vestigial Morgan
quote:
s this every fund/investor...no but there is overall damage done by the ones that operate by that mentality
The ones that do this (Mitt Romney and his ilk) all do it with the express consent and full backing of the United States government. Even before their inevitable election to Congress, they get to write the laws to boost their authority and handicap their opponents.
Then they'll put on a clown face full of makeup, pat you on the back, tell you that "government intrusion in the marketplace" will ruin the economy, sell your job to China and frick your wife.
Posted on 8/29/20 at 3:44 pm to HailHailtoMichigan!
quote:
What this means is that a state-provided service can price its service lower than a capitalist mode of production, because that extra investor cost is not present.
What it means is that the state can offer some services at a better price point than the private sector can or would. Only morons would claim it is superior across the board.
This post was edited on 8/29/20 at 3:56 pm
Posted on 8/29/20 at 3:46 pm to HailHailtoMichigan!
#DefundCapitalism
Posted on 8/29/20 at 4:04 pm to HailHailtoMichigan!
The American educators have failed the country.
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