"People are angry because they choose to be. There are tons of people from third world countries who would love to trade places with Americans who feel “abused”.'

We need to be careful how "abused" is defined.  I would have a very low opinion of third world underage individuals who are willing to leave their home countries to become one of the "abused" employees at child sex trafficker Jeffrey Epstein's island.



"A video that really changed my perspective about the rich was a video by peter schiff. The title is “I’m part of the 1% let’s talk”.

Peter Schiff is a staunch supporter of pure capitalism and there is nothing wrong with that.  However, the problem is the pure capitalist utopia he envisions without any government interference does not and, like the ideal workers paradise, never will exist.  Hence, it is his fanatical devotion to the anti-government / pure capitalist paradigm that gives reason for pause on the things he economically advocates for the interests of the ultrawealthy 1%.

The video below was a discussion that was conducted during the occupy wall street movement.  In his debate with Professor Cornell West, Schiff relentlessly attacks and blames government for all of the economic ills America has ever faced, while claiming how pure capitalism would have avoided all those problems as well as saying how capitalism alone and not the worker movements in the early 20th century that led to incorporation of the 5-day work week and the end of child labor.

does anything you just posted have to do with Warren Buffet?

People have to be rewarded for making good decisions and you have to let people suffer who’ve made bad decisions. It may seam heartless but nothing motivates someone better then hard times.

I am conservative. More than most people here. Right now corporations get the royal socialist treatment through subsidies, bailouts, tax breaks, etc and the evidence is in. Our economy is crashed to the point where the only thing holding up our currency is our military capability, which is seriously overestimated due to the corruption and incompetence of the military industrial complex.

We are headed for a crash of an epic scale, and gripping tightly to a failed neoliberal ideology is just another form of denial.

What is the failed neoliberal ideology?

Big business demands all of the profits but none of the responsibility.

what responsibilities?

Exactly

businesses pay you for labor rendered.  What else?

I am going to use real life examples I brought up earlier to help finish that thought process for you.

So if the only thing corporations are responsible for is earning profits for their shareholders, would not slavery be the ultimate labor arrangement? Perhaps, but they still have to pay for slave food, lodging, medical care, etc and deal with regular work stoppages and sabotage. A much better arrangement would be to pay the workers so little that they have to depend on public benefits programs, bribe the politicians to reduce the corporate tax liability to avoid paying those benefits, then when the economy blows up because the company's customers were starved out of existence they can demand a federal bailout on top of the tax breaks and subsidies they are already receiving.

Then when the people start to get angry because they realize we are ruled by a bunch of spoiled cynical parasites, the companies can bribe those same politicians to pass more gun control bills and militarize the police force. It is not a solution but it might buy the bigwigs some more time to put the finishing touches on their posh doomsday bunkers so when the whole system implodes due to greed and incompetence they can flip everyone the bird from their private helicopters as they are whisked away to a luxurious life of caviar and pedophilia.

That is the Hollywood ending anyhow.

This belongs in the Drunken Post topic ..... right?   

I am going to use real life examples I brought up earlier to help finish that thought process for you.

So if the only thing corporations are responsible for is earning profits for their shareholders, would not slavery be the ultimate labor arrangement? Perhaps, but they still have to pay for slave food, lodging, medical care, etc and deal with regular work stoppages and sabotage. A much better arrangement would be to pay the workers so little that they have to depend on public benefits programs, bribe the politicians to reduce the corporate tax liability to avoid paying those benefits, then when the economy blows up because the company's customers were starved out of existence they can demand a federal bailout on top of the tax breaks and subsidies they are already receiving.

Then when the people start to get angry because they realize we are ruled by a bunch of spoiled cynical parasites, the companies can bribe those same politicians to pass more gun control bills and militarize the police force. It is not a solution but it might buy the bigwigs some more time to put the finishing touches on their posh doomsday bunkers so when the whole system implodes due to greed and incompetence they can flip everyone the bird from their private helicopters as they are whisked away to a luxurious life of caviar and pedophilia.

That is the Hollywood ending anyhow.

Your explanation did not reflect that this is still a free labor market.
I'm a shareholder in many companies. I own funds that invest in these companies. I'm sure many of you do the same. There are shareholder meetings and proxy voting. No vote. No grumble. No like that company? Invest in something else. It's a free market.

It’s okay if you don’t have a response. Weening yourself off propaganda is a painful process, but ultimately worth it. Check out Rose McGowan sobbing because she was forced to finally realize Democrats do not care about sexual assault victims and metoo was a weaponized political sham.

The real danger is having a psychotic break when you can no longer postpone the realization that the people you are defending so vehemently actually despise you. Even a farmer does not hate his livestock.

I am going to use real life examples I brought up earlier to help finish that thought process for you.

So if the only thing corporations are responsible for is earning profits for their shareholders, would not slavery be the ultimate labor arrangement? Perhaps, but they still have to pay for slave food, lodging, medical care, etc and deal with regular work stoppages and sabotage. A much better arrangement would be to pay the workers so little that they have to depend on public benefits programs, bribe the politicians to reduce the corporate tax liability to avoid paying those benefits, then when the economy blows up because the company's customers were starved out of existence they can demand a federal bailout on top of the tax breaks and subsidies they are already receiving.

Then when the people start to get angry because they realize we are ruled by a bunch of spoiled cynical parasites, the companies can bribe those same politicians to pass more gun control bills and militarize the police force. It is not a solution but it might buy the bigwigs some more time to put the finishing touches on their posh doomsday bunkers so when the whole system implodes due to greed and incompetence they can flip everyone the bird from their private helicopters as they are whisked away to a luxurious life of caviar and pedophilia.

That is the Hollywood ending anyhow.

However taxing the “ultra wealthy” is also part of a failed liberal ideology as well. How would making large corporations “pay their fair share” help? It’s still the government that’s going to decide what to do with those extra funds, assuming the rich even pay it.


That's the main point right there.

The ultrawealthy have been notorious for taking advantage of tax loopholes written in the tax code, passed by Congressmen bought and paid off by the same ultrawealthy.  If there are no tax loopholes, then they deposit their money in other countries that have them or offshore bank accounts.

In any case, how would the US be better served if the ultrawealthy are not paying their fair share of taxes?




Also the idea that slavery is the ultimate labor arrangement is just plain wrong. Corporations are responsible for profits but in order to make profits in a freemarket you have to provide a service or product that competes with other businesses. They also have to compete for LABOR. What person in a freemarket would work for a corporation as a slave? It just could never happen.


The free market scenario you bring up works if there was no illegal immigration, the offshoring of jobs to foreign blue and white collar sweatshops, and bringing in H1-B foreign workers.




As for a completely free market not being able to exist I also have to disagree. You may be correct that a truly free market probably has never existed, yet the economy does better under markets that are more free.


Partially true.  One only needs to look at China and their GDP that is projected to surpass that of the US by the mid-21st century to know that socialism based free market economies can succeed as well.

As for a completely free market not being able to exist I also have to disagree. You may be correct that a truly free market probably has never existed, yet the economy does better under markets that are more free.