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Cherry7 12-04-2014 11:47 AM

Quote:

Originally Posted by RummyBoy (Post 20311568)
Cherry no offence but what are you smoking man? You've got that the wrong way around.
The state cannot survive without business and capitalism.

Who funds the State?
Who funds Scientific Research?
Who funds the Military?
Who funds NASA?
Who funds Educational Institutions?

Ultimately (with emphasis on the word "Ultimately") it all comes down to private sector, business and capitalism. REALITY CHECK.

All wealth is created by working people whether by brain or labour. Not by clever arsed ant tr pur nears

SekobA 12-04-2014 02:42 PM

this gonna be canceled very soon :pimp

pornmasta 12-04-2014 03:22 PM

Quote:

Originally Posted by Grapesoda (Post 20310435)
in spite of what Hillary Clinton thinks businesses do provide jobs


Of course they do:

http://images.fotocommunity.de/bilde...dc6321f56e.jpg

http://www.caverne-des-jouets.com/or...te-40-4121.jpg

http://www.diamondhomesupport.com/wp...u-27549968.jpg

http://www.festimania.fr/1343-thickb...ault/groom.jpg

aka123 12-04-2014 03:39 PM

Pornmasta, you really did nail it, although I don't know that how many will get the "joke".

I had to google the tricle-down economics. I had heard the term, but as it is mainly US politics term I was not that familiar with the whole concept (except the trickling down).

RummyBoy 12-04-2014 10:59 PM

Quote:

Originally Posted by aka123 (Post 20311959)
US welfare state? LOL. Maybe you should look at US army's expences to look for one big reason for the debt.

The US has a huge welfare program - perhaps you should get your facts right. However, sure there is a welfare state and a warfare state and both contribute to the national debt.

Quote:

You may be student, but I have already graduated.
I have a legal education (I'm a law graduate) and a student of economics. What did you graduate in?

Quote:

I am business man also, and I have done some trading too (for my own account).
A big fail because you don't understand the basics. I expect the ratio of those who do understand to those who don't to be not so far removed from the ratio of those in the top 5% to those in the 95%. As Mineistaken rightly said, the "rabble" simply do not understand how it works.

RummyBoy 12-04-2014 11:00 PM

Quote:

Originally Posted by Cherry7 (Post 20312059)
All wealth is created by working people whether by brain or labour.

And who pays their salaries?

aka123 12-05-2014 02:50 AM

Quote:

Originally Posted by RummyBoy (Post 20312718)
The US has a huge welfare program - perhaps you should get your facts right. However, sure there is a welfare state and a warfare state and both contribute to the national debt.

I have a legal education (I'm a law graduate) and a student of economics. What did you graduate in?

A big fail because you don't understand the basics. I expect the ratio of those who do understand to those who don't to be not so far removed from the ratio of those in the top 5% to those in the 95%. As Mineistaken rightly said, the "rabble" simply do not understand how it works.

US might have huge welfare program, but it is not welfare state. Pumping money to corporate pockets, etc. doesn't make welfare state. The services offered make it.

Welfare state - Wikipedia, the free encyclopedia

I am BBA if that matters.

That rabble shit and such only confirms you being blinded by some ideology and also tells about your character. No smart guy brings up that kind of shit. You think so much about yourself and so little about others, that I guess there is not room for other things in your brain.

I think much about myself, but I don't think little about others. Also, usually we suppose others being like us, basic human behaviour. You thinking that others are idiots or something like that, tells more about you than the others. It's unconscious thing.

aka123 12-05-2014 02:54 AM

Quote:

Originally Posted by RummyBoy (Post 20312719)
And who pays their salaries?

Companies, but where do the companies get the money-> from customers, from where the customers get the money->from salaries, business profits, etc. and the cycle goes on.

As you study economy, maybe you should get basic stuff like this. This too is symbiosis.

RummyBoy 12-05-2014 03:21 AM

Quote:

Originally Posted by aka123 (Post 20312800)
Companies, but where do the companies get the money-> from customers, from where the customers get the money->from salaries, business profits, etc. and the cycle goes on.

So you have something to prove now? The question was directed to Cherry as Im sure you understood, so he could draw his own conclusion and realize that salaries do actually come, to a large degree, from risk taking and entrepreneurs who create businesses.

aka123 12-05-2014 03:29 AM

Quote:

Originally Posted by RummyBoy (Post 20312814)
So you have something to prove now? The question was directed to Cherry as Im sure you understood, so he could draw his own conclusion and realize that salaries do actually come, to a large degree, from risk taking and entrepreneurs who create businesses.

Don't mind me proving something or not, focus to the issue. While we are at it; about one of your main thesis.

"Researchers have found very little correlation between economic performance and social expenditure.[55] They also see little evidence that social expenditures contribute to losses in productivity; economist Peter Lindert of the University of California, Davis attributes this to policy innovations such as the implementation of "pro-growth" tax policies in real-world welfare states.[56]

Nor have social expenses contributed significantly to public debt."

Welfare state - Wikipedia, the free encyclopedia

RummyBoy 12-05-2014 03:44 AM

Quote:

Originally Posted by aka123 (Post 20312817)
Nor have social expenses contributed significantly to public debt."

As I said earlier in this post: "the welfare bill contributes to that national debt for every single country that operates a welfare state and has a national debt." The above supports what I am saying and the fact that some research thinks it does not make a "significant contribution" doesn't matter one iota, it still contributes to public debt.

It is clear that countries with large welfare states do tend to be the ones with big government, big regulation, more intervention and also do tend to have higher debt levels. There's absolutely no question about that.

aka123 12-05-2014 03:55 AM

Quote:

Originally Posted by RummyBoy (Post 20312823)
As I said earlier in this post: "the welfare bill contributes to that national debt for every single country that operates a welfare state and has a national debt." The above supports what I am saying and the fact that some research thinks it does not make a "significant contribution" doesn't matter one iota, it still contributes to public debt.

It is clear that countries with large welfare states do tend to be the ones with big government, big regulation, more intervention and also do tend to have higher debt levels. There's absolutely no question about that.

For starters not all welfare states have debt at all, I mean net debt as every country usually has loan program going on, so that they have the structures to get loan if really necessary.

Your saying is just plainly wrong simplified assumption. Also you make bunch of other assumptions (with tone). Your approach is ideology driven.

If I would say the opposite with tone it would sound like this: big government (oh yes..), big regulation (goody), more intervention (I'm on fire), higher debt levels (oh yeah). Sounds objective?

For example US has took massive amounts of loan to fund it's economy. From business perspective that can be considered as a good and bad thing. That has made lot of folks rich, very rich. Although some other folks might have to pay it partially (so bad for them). Good hit and run tactic though.

ilnjscb 12-05-2014 08:21 AM

Some of you are confusing small businesses and multinationals.

Small businesses create jobs and innovation
They get their capital from banks, people, and cash flow.
They use good customer service, rapid development, and careful financial management to succeed
They use word of mouth and each customer is critical
Small businesses mostly impact their local community financially
Small businesses pay the highest tax and fee rates
Small businesses benefit from change and growth, as well as equal opportunity
Small businesses generally benefit their nations

Multinationals create regulations and control, while avoiding it themselves
Multinationals use lobbying; they deal in large contracts that guarantee revenue at the point of a gun
Multinationals get their capital from bond sales
Multinationals work to kill competition with regulations and laws
Multinationals benefit from things staying exactly as they are
Multinationals benefit large investors internationally
Multinationals create competition between nations

MaDalton 12-05-2014 08:27 AM

Quote:

Originally Posted by Cherry7 (Post 20311488)
Capitalism cant survive without massive payments from the state, and scientific research funded by the military, NASA and educational institutions.

Capitalism keeps wages low to maximize profits, in spite of massive increases in productivity and profitability wages have and are falling.

It is a myth that the rich are clever or more dynamic than others, they just have financial power. The system is set up to funnel money from the poor to the rich. It is time to take control of the wealth and use it for the benefit of all not just the 0.1%.

that's why all current and former communist countries were beacons of prosperity and freedom

:error

ilnjscb 12-06-2014 09:03 AM

Quote:

Originally Posted by MaDalton (Post 20313028)
that's why all current and former communist countries were beacons of prosperity and freedom

:error

^^ Exactly. I publicly challenge anyone to name a country that used communism where the standards of living of all its peoples can be called excellent.

Take what you need = You'll take what I tell you you need. Remember the soviet shoe lines? You got a pair of shoes, any size, and you traded until you got some your size. Thats why no one except the deciders had shoes that fit.

Give what you can = give everything and more. Mothers turn in children, children sacrifice brothers and sisters, wives and husbands worship the government. One false move and we re-educate you.

There is not one person on this board that has actually lived in a communist country as an adult.

Look folks, we all know the powerful people will do anything to keep us working for them as slaves our whole lives. It really is just the method they use. Capitalism takes advantage of the 1 in 1000 that have brains. Communism takes advantage of the 1 in 10 that are sociopaths.


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