Like what? Spewing talking points informed by propaganda.
I’m sure the traders who use technical knowledge to trade would disagree with you. So you gotta work with your hands?
Like what? Spewing talking points informed by propaganda.
I’m sure the traders who use technical knowledge to trade would disagree with you. So you gotta work with your hands?
What do they produce? In the dream world you imagine, the only jobs will be service or product oriented. You won’t be able to profit off the productivity of others.
But somehow I’ve been successful year after year.
So living is my boss?
But yet I make more money, work less hours than a carpenter.
I don’t hope. I know the averages, which has partly informed me. If I want more money I can just trade more hours or trade with a larger account so I can trade more lots. So I will end up making more money than a carpenter.
There is no guarantee the clients will pay the carpenter. Happens frequently.
WTF are you talking about?
The low-cost loans could come from the government. Not some parasitic bank
If the owners of a business want to sell the business, who better to sell it to than the workers. You know the people who were in the trenches everyday making the business successful.
Personally, I got what I need and some of what I want. I could have more but am guarded against wealth addiction.
What are the banks criteria to lend to a worker co-op? Do they even lend to them? If not, the government could fix all of that shortfall.
Do people owe large successful corporations subsidies and massive tax cuts? Why don’t they just go get it?
In my world, the workers would make the money that was matched to the increase in productivity. So much more. The gulf between the classes would shrink and things would be more aligned with equity and parity. Wouldn’t need to trade currencies.
This system essentially forces people into positions they do not desire. Not all, but most. I’ve managed to escape this quagmire. I’d make it under any system. If I can make it under capitalism I can make it anywhere.
That’s relative.
Essentially, yes. You do things to live. You do things you need to do. They are non-negotiable.
You don’t know that. Read what you wrote “a” carpenter. You don’t know what all carpenters are making.
Partly. Your fate is not in your hands. A carpenter will always be in demand. Your skill set is limited and in your dream world, unnecessary.
There is no guarantee you won’t be hit by a meteorite today. At least the carpenter has options like the courts.
It doesn’t.
But you would need a job, with a boss.
Because you couldn’t.
Seems like you got what you desired.
You didn’t make it under capitalism, you made it because of capitalism. So your assumption is unfounded.
WTF are you talking about? Again, please explain how you see this equity transfer taking place and why.
Ohhhhh. My mistake. So now you not only want unregulated to loans to pay for equity in a company you didn’t earn with granted controlling interest, but you want to spread risk of failure across society instead of being the responsible new owner of the company too. Again, what could go wrong?
Please visit speculative trading and regulations and understand them. And for the record, the workers were compensated for their efforts. They are not entitled to ownership, especially on society’s back at large. And add employee equity to the list of things that already happens. Just keep in mind you typically have to be valuable enough to drive the growth of the company to receive it in most cases. Being an expendable barista doesn’t count, usually. And why would it?
More delusion justifying a shit station in life and hiding behind excuses. You could have more, but you want someone else to give it to you instead of working for it because you are guarded against wealth addiction. That makes total sense, thanks for clarifying.
Hit Google and find out about bank lending processes. Please explain how govt doing it instead would work. Address contingency for failed businesses and for bonus points demonstrate that you have researched the market crash, and correction, of the 1920’s.
Go get what, exactly? More of somebody else’s money? The only crime here is that only massive corporations get to take advantage of tax loopholes.
They give the market liquidity. They can help the development of countries. Economically speaking.
You mean, the exploitation of countries?
Perpetrated by their personal meat puppets in Congress and the WH. A direct consequence of capitalism.
It would certainly be a lower cost loan.
How do private banks address the economic failures of businesses?
In short the contradictions of capitalism-gasp he said it!
From 1919 to 1929, the average rise in productivity in 59 industries was between 40 to 50%. With prices and wages remaining stable, this meant rapidly increasing profits for the rich and an explosion of inequality. During the boom of 1924 to 1929, industrial profits rose by 156 percent.
How much of this went to the workers?
Of the 300,000 companies in the US, just 200 controlled nearly 50% of the total assets. As a result, in 1929 the richest 0.1% received the same total income as the poorest 43%. So much for capitalism’s efficacy. And hello massive inequality.
Ahhh…no! I could survive in other ways by other means.
But I’m a rarity. Most people are forced into choices they would rather not take.
Ahh…no, once again. I made it despite capitalism. I don’t need to trade currencies just do so to escape the rest of the garbage that comes with this system. A boss, etc.
You forgot the system that allows this to happen. There fixed it for ya, no charge!
No, just anything really.
It wouldn’t apply to them.
Just you. Now go get a job. Hurry before all the good ones get snatched up! ![]()
No, escaping socialist agendas and an overreaching government. Good for them.
I’m beginning to think your depth of understanding is more shallow than I originally thought. Ignorance is bliss. I’m not reading further.
Who else would have a better track record than the people who worked there?
Is this the way most businesses are sold?
If the owners decide to sell the business to the workers, how would this be construed as an erntitlment?
Another one who doesn’t understand Federal economics.
Obviously, if you read what I posted you clearly don’t understand. This is not a case of ignorance but plain stupidity.
Because it takes technical knowledge to trade consistently well.
No one believes you.
Target got dem good jobs. Go get one there! Not like those cheapo Walmart jobs.
Bwahahahaha… no just capitalism’s way of building up oligarchies.
You mean no one who actually trades.
Sure. They would be included too.