Author: UYA

CBI ex-boss says capitalism not working   [Copy link] 中文

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Post time 2017-11-1 09:38:33 |Display all floors
UYA Post time: 2017-10-31 13:37
That is the ugly future I see currently.
Most people really don't care about such matters.
As long ...

Your guess is as good as mine.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2017-11-1 10:57:10 |Display all floors
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Post time 2017-11-1 11:03:35 |Display all floors
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Post time 2017-11-1 12:01:48 |Display all floors
UYA Post time: 2017-10-31 16:32
Can't argue with you there.
Capitalism has played a role in the rise in growth and prosperity in c ...

The poor are NOT needed to "provide for the rich". Poor people don't help ANYONE. Especially as, soon, most unskilled work can be done by machines (and robots). EVERYONE will be better-off when there's no more poverty.
My problem is simple: I just know better than everyone-else!

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Post time 2017-11-1 14:03:43 |Display all floors
Ted180 Post time: 2017-11-1 12:01
The poor are NOT needed to "provide for the rich". Poor people don't help ANYONE. Especially as, s ...

In a Capitalist system....
"No such thing as a free lunch".
When robots  take over menial work...
Who pays the displaced worker?
This worker would have the option to do "nothing"?

I don't think so.....
The "power" of Capitalism, exists only if it controls if your feed and housed (AKA poverty).

When poverty is eliminated in the world, is when there is world peace and that should be the bottom line humanity has yet to achieve.

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Post time 2017-11-5 23:42:10 |Display all floors
seneca Post time: 2017-10-31 21:57
Meanwhile the blue-collars in capitalistic Germany, Sweden, the Netherlands, Luxembourg, Switzer ...

The rich who fail to share enough of their wealth to keep effective consumer demand high enough to purchase production are condemning their OWN children to decreased corporate earnings and decreased profits. They may save some wealth TEMPORARILY, but, in the long run, the best thing for capitalists is to abolish poverty.
My problem is simple: I just know better than everyone-else!

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Post time 2017-11-5 23:47:55 |Display all floors
UYA Post time: 2017-11-1 01:03
In a Capitalist system....
"No such thing as a free lunch".
When robots  take over menial work...

The "power" of capitalism is not "control". The real power is to be able to consume everything material you desire. And this can be best done when there is social peace and less conflict. "Controlling" an unhappy population costs money that could be better spent on enjoyment. Social conflict also causes anxiety and stress to the rich. They can reduce this by sharing more of their wealth.
My problem is simple: I just know better than everyone-else!

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