UYA Post time: 2017-7-13 03:02
I would guess you are referring to some leaders of such of a movement.
Just because a few maybe se ...
Don't guess - look at facts, learn history: every "socialist" leader turned out to be a kleptocratic wannabe aristocrat. All the "socialist" presidents, chairmen amassed enormous wealth in their households that they did not share with the public. Is there even one exception? Please name that individual! They all are like bloodhounds: moneyu smells and the money smell is the only smell a politician really picks up. Once he has his paws on power he gets corrupted, and socialist leaders all enjoyed absolute power, so they all have been absolutely corrupted to their core.
UYA Post time: 2017-7-13 03:05
Capitalism is NOT "natural".
As humans, we can easily change the doomed course we are on.
The capital mistake you made was to hold up another "ism" to deal with the perceived evil in "Capitalism". Unfortunately, Socialism or "Communism" have both proved to be equally bankrupt concepts in the hands of imperfect humans. You are in fact only suggesting that one evil is better than the other.
This is why JP Morgan criticized the wage increase as a “wealth transfer of nearly $1 billion” to workers.How dare they?
If a company gives away $1 billion then it is a reduction of profits that could otherwise be paid out as dividends to shareholders. I don't know about you but if I have invested in shares then I expect them to pay decent dividends, and because of the risks in investing, I expect the dividends to pay better than sticking my money in a bank. If a company underperforms then I will choose not to invest. The result will be that companies loose value and banks wont lend them money so they won't be able to survive the competition.