Income Redistribution

[quote]Ryan P. McCarter wrote:

[quote]ReignIB wrote:That’s what I’m trying to find out :slight_smile:

A “true” marxist would’ve started arguing right away, along the lines of - “profit is teh evilz, the baker can’t make more than the “baking wage” established by the government” etc etc.

[/quote]

There’s nothing evil about it. That’s what none of you understand. Marxism has no ethical objection to capitalism–it’s just that, in its pure form, it doesn’t work. It doesn’t adequately coordinate society’s needs and guarantee its smooth functioning.[/quote]

Well, correct me if I’m wrong then, isn’t a perfectly valid employer/employee relationship baker/janitor or baker/accountant viewed by marxists as “unfair exploitation” since the baker owns “the means of production” ?

[quote]Ryan P. McCarter wrote:
there ARE NO socialist countries, except possibly Cuba.[/quote]

(Jaw dropping to floor) All you can come up with is Cuba? Is that why so many from Cuba risk life and limb to ride refrigerator doors across the ocean to get to America?

WHahaha Ryan I’m done with you - You’ve got nothing but shallow ideas of how things ought to be. Plenty of criticism and absolutely nothing to back it up. Mere words cannot make up for the incredible success that the US has been for the past 234 years.

You’re a kid and you prove it every time you post.

CUBA? LOL

Move to Cuba Ryan. I hope you enjoy all of your freedom in CUBA - LOL

[quote]ZEB wrote:

[quote]Ryan P. McCarter wrote:
there ARE NO socialist countries, except possibly Cuba.[/quote]

(Jaw dropping to floor) All you can come up with is Cuba? Is that why so many from Cuba risk life and limb to ride refrigerator doors across the ocean to get to America?

WHahaha Ryan I’m done with you - You’ve got nothing but shallow ideas of how things ought to be. Plenty of criticism and absolutely nothing to back it up. Mere words cannot make up for the incredible success that the US has been for the past 234 years.

You’re a kid and you prove it every time you post.

CUBA? LOL

[/quote]

Shallow ideas is true.

His whole baker example is bullshit.

Obviously a baker needs the tools of his trade, i.e capital .

That does make him more productive than he otherwise would be, so his profit cannot come from work alone.

So the other part must necessarily come from his capital goods.

If that is so however, that is also true for other bakers he might employ, so it cannot be said that he is exploiting them if they are that much more productive with his capital .

Now obviously it is a problem how to determine what the specific capital and labor is worth in this equation, which the market solves quite nicely by attaching a monetary value to capital goods and employed labor.

I do not see the problem there, and he does not see the problem with the gaping wounds in his theory because he completely blind to them.

Meh.

So, I participated in redistribute my wealth day. I went to McDonald’s and gave a homeless man a fifty spot so he could get some Mad Dog 20/20, coffee, and McDoubles for a week.

[quote]orion wrote:

[quote]ZEB wrote:

[quote]Ryan P. McCarter wrote:
there ARE NO socialist countries, except possibly Cuba.[/quote]

(Jaw dropping to floor) All you can come up with is Cuba? Is that why so many from Cuba risk life and limb to ride refrigerator doors across the ocean to get to America?

WHahaha Ryan I’m done with you - You’ve got nothing but shallow ideas of how things ought to be. Plenty of criticism and absolutely nothing to back it up. Mere words cannot make up for the incredible success that the US has been for the past 234 years.

You’re a kid and you prove it every time you post.

CUBA? LOL

[/quote]

Shallow ideas is true.

His whole baker example is bullshit.

Obviously a baker needs the tools of his trade, i.e capital .

That does make him more productive than he otherwise would be, so his profit cannot come from work alone.

So the other part must necessarily come from his capital goods.

If that is so however, that is also true for other bakers he might employ, so it cannot be said that he is exploiting them if they are that much more productive with his capital .

Now obviously it is a problem how to determine what the specific capital and labor is worth in this equation, which the market solves quite nicely by attaching a monetary value to capital goods and employed labor.

I do not see the problem there, and he does not see the problem with the gaping wounds in his theory because he completely blind to them.

Meh.
[/quote]

Once he wrote “Cuba” as being his little utopia of socialism, that was pretty much the end of it for me.

[quote]Brother Chris wrote:
So, I participated in redistribute my wealth day. I went to McDonald’s and gave a homeless man a fifty spot so he could get some Mad Dog 20/20, coffee, and McDoubles for a week.[/quote]

Don’t come crying to me when you see him with a bottle of wine to his mouth while sitting on a case with one missing bottle.

[quote]orion wrote:

[quote]florelius wrote:

And how can such a simple act as cut all bs spending ( what is bs spending and whats not bs spending btw ) you suggest solve all the problems of america? this is not sarcasme, if you are able to explain this please do.
[/quote]

First of all, the US government gets 19% of the GDP max in the long run.

It was never able to get more, no matter what the tax rate. If they raise it tax evasion goes up, people work less and companies flee the country.

Then, they spend more money on their military than all other nations combined, run two unneccessary wars and spend more on education than almost, if not everyone, else with very little to show for it.

Then there is pork, subsidies, redundant organizations that exist on a federal and on a state level like the DOE…
[/quote]

  1. why does the us government only get 19% of GDP?( what does GDP stand for btw? ) Is it constitutional or is it based on some economic law? ps. doe you have any links wich explains it further?

sorry for my ignorance in economics, but what is tax evation?

I agree on the military spending, the empire should be shut down, but of other reasons than tax, but if it helps the governments money problem its a bonus.

education: If its the most expensive in the world, but doesnt give the best payback it must be for some reason. find the reason and solve the problem should be the obvious solution. Education is a long term investment that will help the society in the long turn. So I would say no cutting.

[quote]ZEB wrote:

[quote]Brother Chris wrote:
So, I participated in redistribute my wealth day. I went to McDonald’s and gave a homeless man a fifty spot so he could get some Mad Dog 20/20, coffee, and McDoubles for a week.[/quote]

Don’t come crying to me when you see him with a bottle of wine to his mouth while sitting on a case with one missing bottle.[/quote]

Fifty dollars can get him more than a case of MD 20/20, he can buy himself a whole truck load. But, I told him I’d help him out if he’d limit his alcohol and went to the homeless shelter, so far he’s been doing good, been working a little even.

[quote]Brother Chris wrote:
So, I participated in redistribute my wealth day. I went to McDonald’s and gave a homeless man a fifty spot so he could get some Mad Dog 20/20, coffee, and McDoubles for a week.[/quote]

Good ol Mad Dog. Drank that stuff back in high school. Didnt know they still made it.

[quote]florelius wrote:

[quote]orion wrote:

[quote]florelius wrote:

And how can such a simple act as cut all bs spending ( what is bs spending and whats not bs spending btw ) you suggest solve all the problems of america? this is not sarcasme, if you are able to explain this please do.
[/quote]

First of all, the US government gets 19% of the GDP max in the long run.

It was never able to get more, no matter what the tax rate. If they raise it tax evasion goes up, people work less and companies flee the country.

Then, they spend more money on their military than all other nations combined, run two unneccessary wars and spend more on education than almost, if not everyone, else with very little to show for it.

Then there is pork, subsidies, redundant organizations that exist on a federal and on a state level like the DOE…
[/quote]

  1. why does the us government only get 19% of GDP?( what does GDP stand for btw? ) Is it constitutional or is it based on some economic law? ps. doe you have any links wich explains it further?

sorry for my ignorance in economics, but what is tax evation?

I agree on the military spending, the empire should be shut down, but of other reasons than tax, but if it helps the governments money problem its a bonus.

education: If its the most expensive in the world, but doesnt give the best payback it must be for some reason. find the reason and solve the problem should be the obvious solution. Education is a long term investment that will help the society in the long turn. So I would say no cutting.
[/quote]

No matter what the marginal tax rate was, the US federal government never got more than 19% of the Gross Domestic Product (GDP).

http://kansas.watchdog.org/5805/federal-tax-revenues-at-19-of-gdp-regardless-of-rate/

Tax evasion: It might be shocking for you, but if taxes are getting too high, some people refuse to pay them, Some even go so far as to lie to the government about how much money they made!

The reason why they get very little in return for their investment is pretty simple: socialiced education.

Catholic schools get better results with half the money.

[quote]orion wrote:

[quote]florelius wrote:

[quote]orion wrote:

[quote]florelius wrote:

And how can such a simple act as cut all bs spending ( what is bs spending and whats not bs spending btw ) you suggest solve all the problems of america? this is not sarcasme, if you are able to explain this please do.
[/quote]

First of all, the US government gets 19% of the GDP max in the long run.

It was never able to get more, no matter what the tax rate. If they raise it tax evasion goes up, people work less and companies flee the country.

Then, they spend more money on their military than all other nations combined, run two unneccessary wars and spend more on education than almost, if not everyone, else with very little to show for it.

Then there is pork, subsidies, redundant organizations that exist on a federal and on a state level like the DOE…
[/quote]

  1. why does the us government only get 19% of GDP?( what does GDP stand for btw? ) Is it constitutional or is it based on some economic law? ps. doe you have any links wich explains it further?

sorry for my ignorance in economics, but what is tax evation?

I agree on the military spending, the empire should be shut down, but of other reasons than tax, but if it helps the governments money problem its a bonus.

education: If its the most expensive in the world, but doesnt give the best payback it must be for some reason. find the reason and solve the problem should be the obvious solution. Education is a long term investment that will help the society in the long turn. So I would say no cutting.
[/quote]

No matter what the marginal tax rate was, the US federal government never got more than 19% of the Gross Domestic Product (GDP).

http://kansas.watchdog.org/5805/federal-tax-revenues-at-19-of-gdp-regardless-of-rate/

Tax evasion: It might be shocking for you, but if taxes are getting too high, some people refuse to pay them, Some even go so far as to lie to the government about how much money they made!

The reason why they get very little in return for their investment is pretty simple: socialiced education.

Catholic schools get better results with half the money.

[/quote]

Oh know I get the tax evasion point. Its actually a topic that are discussed alot in my country, but one argument for bringing evasion down is making the tax system more social. If regular workers who pay theire taxes see that the richest members of society get away with paying less taxes than them because of loopholes, generous tax cuts for top % of the population etc. The average citizen feels that the tax system is unfair. So this problem can be fixed by getting rid of loopholes and making the tax system more fair.

When it comes to socialised education, you might be right about the chatolic schools. But if the government terminated the public school system, kids would be without schools and commercial education corperations would take its place. This would not be cheaper if the federal and local state had to pay the corperations as they do with healthcare today, it would be more expensive. Remember that the healthcare in america are run by privat corperations and that it is more expensive than the 100% socialised healtcare in europa pr capita. This is because the corps are profit seeking and the state have to pay for that profit. But the state can make the public schools more autonom and cut back on some of the bureacracy, or they can let privat non-profit seeking schools corps take care of the education, but the state would still pay for every student. so its still free. An example of this would be how the waldorf school is run in my country. Its a privat non-profit seeking school and 80-90% of its costs are payed for by the state. Its works great and its the best school in norway in my opinion, I went there myself. So to sum up, its no need to remove socialised education, but there is many ways to do it and aslong as the quality is good and evrybody has a right to it I dont care have its done.

[quote]Ryan P. McCarter wrote:
No, they have the right to work.
[/quote]

Prove it.

[quote]LIFTICVSMAXIMVS wrote:

[quote]Ryan P. McCarter wrote:
No, they have the right to work.
[/quote]

Prove it.[/quote]

You’ll have a long wait on that one.

[quote]LIFTICVSMAXIMVS wrote:

[quote]Ryan P. McCarter wrote:
No, they have the right to work.
[/quote]

Prove it.[/quote]

In fact, I agree.

Whether they have the right be be paid by someone else is another matter.

OK, semantics. Yes, we have the right to work. But we do not have the right to force someone to provide us a a job and pay us for it.

Saying we have the right to work is like saying we have the right to breathe. It is something we need to do in order to merely exist but I cannot force someone to provide me air to breathe should I ever happen into that situation.

[quote]orion wrote:

[quote]Ryan P. McCarter wrote:

[quote]LIFTICVSMAXIMVS wrote:

[quote]Ryan P. McCarter wrote:

[quote]orion wrote:“at the expense of others” ?

That sounds as if anyone had the right to do a particular job.
[/quote]

Not a particular job, but a job. People have the right to a job. They have the right to work to support themselves. Capitalism has never been able to supply enough jobs. I’m sure that after 200 years, though, it’s about to happen.[/quote]

People do not have the right to work. They have the right to exist and compete with other like skilled workers for a wage.

In a world with so much to do why is anyone unemployed? It is not because capitalists do not want to employ unemployed labor but because government prevents them from doing so.[/quote]

No, they have the right to work.

And haha, you have no idea how the economy works. Employing people is the LAST thing a capitalist wants to do. The capitalist wants a profit. He doesn’t care about employing anyone, they’re a drain on his profits, after all, and if he didn’t have to to produce a product, he wouldn’t. The whole process of production is just a bothersome detail. Just look at the exponential growth of the financial sector in western economies. In the financial sector, you don’t have to employ people to make a profit (at least, not nearly as many). You just have to have the right pieces of paper at the right time.[/quote]

What you describe is not a capitalist but the outlook of someone who buys a lottery ticket.

The very word implies that he needs capital and that forces him to hire people to operate it.

Of course he tries to do more with less and that is a good thing.

[/quote]

Yeah, thats a great thing. He can fire a few hundred workers, make a bigger profit, and all those workers… well, shit on them.

Right?

[quote]Ryan P. McCarter wrote:

Owning capital and demanding economic rent is not productive.

It’s quite simple–you want to earn money? Earn it. Work for it. Don’t aspire to earn your living off the sweat of another man’s brow.
[/quote]

Thank you.

Orion, look at who the rich in this country are and how they make money.

The business owner makes money off of the services provided by, or products created by, his or her workers.

The landlord/property owner makes money off the ownership of property.

The investor makes money off of the success of businesses, which, see above, make money off the work of employees.

Insurance companies make a profit when you pay for years in exchange for nothing, and actively go to lengths to make it hard for you to get any benefits from the money you’ve given them.

And people scream about how fair the sytem is because any one person could be the boss, or the investor, or the landlord – nevermind that all of these positions cannot exist without a workforce of people getting paid much less than the value of the work they do.

But working 50 or 60 hours a week and barely getting by because the boss needs a huge salary, and the shareholders need to get as much as possible, and what money they are paid has to be doled out to rent/mortgage, car insurance, health insurance, is fine. If you’re one of the majority who works to make other people rich, and you have a problem with it, you are just jealous, or lazy, or stupid.

How do people not see that this is bullshit?

[quote]orion wrote:

[quote]Ryan P. McCarter wrote:

It doesn’t produce wealth. Owning capital and demanding economic rent is not productive.

[/quote]

In and of itself it isnt, but the very fact that people expect “economic rent” ensures that capital is created and employed in a productive manner.

Machines do not fall from the sky, they are built for a reason.
[/quote]

Even if I acknowledge the necessity of this at the beginning of new industries, it still is no justification for the necessity of profit in, say, the textile industry. Not a whole lot of new stuff going on there.

It is always striking to me how every generation feels that technological improvement or just general improvements in efficiency will somehow kill the demand for workers and there will be mass unemployment as a result. It is, as I have heard it, called the Lump-Sum fallacy (i.e. there are only so many jobs at any one time to be had).

Sabotage comes from the French word for a type of shoe worn by factory workers who threw them in the machines that were “stealing” their jobs. Clearly they are better off now with the advent of those machines than if they had never been created, but at the time everyone decried the evil capitalist and cried for these poor workers.

Human beings, for better or for worse, have and always will have an infinite number of wants and therefore there will forever be an infinite number of ways to provide services or products to address those needs. This is why money cannot buy happiness and is what all of Buddhist thought is based upon. It is also the basis of such notable economists as Adam Smith, Mises, Hayek, etc.

When we get more efficient and need less workers the price of an object goes down and demand for it goes up. This means people can have more things with the same amount of money. With the money they now have left over they can buy other items that require…wait for it…new workers to make! Jobs created and overall wealth enhanced for everyone!

Growth of any kind, economic, muscle building, whatever, must be judged in the long term. The fact that one person somewhere will suffer because of something does not mean that all of humanity will not ultimately benefit from that event happening (and no I am not a utilitarian, but if everyone can be helped while preserving the rights of the individual that is a good thing in my opinion).