Author: UYA

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

Rank: 6Rank: 6

Post time 2017-11-6 00:02:52 |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...

You are CORRECT that world peace will come ONLY once poverty is ENDED. A "smart" capitalist will understand that. He will SHARE enough of his wealth (through both taxes and charity) to end poverty. He will "sacrifice" some of his wealth. But, in reality, this "sacrifice" is actually his BEST INVESTMENT for his own welfare - and that of his children. SOME capitalists understand this (Bill Gates, George Soros, Warren Buffett and Michael Bloomberg are some). ALL TOO MANY don't!
My problem is simple: I just know better than everyone-else!

Use magic tools Report

Rank: 6Rank: 6

Post time 2017-11-8 02:38:33 |Display all floors
Ted180 Post time: 2017-11-6 00:02
You are CORRECT that world peace will come ONLY once poverty is ENDED. A "smart" capitalist will u ...

Where are all the rich Chinese in all this philanthropy? No where to be found? OUCH!!!

Use magic tools Report

Rank: 8Rank: 8

2015 Most Valuable Member Medal

Post time 2017-11-8 11:42:47 |Display all floors
Boston101 Post time: 2017-11-7 10:38
Where are all the rich Chinese in all this philanthropy? No where to be found? OUCH!!!

They are buying US companies and footing the bill for the salaries of workers.
They are taking chances. If the company's product is good, they are a winner.
If the companies product isn't so good, they still pay the salaries until it's time
to pull the plug and use the IP to create something better in China using Chinese
engineers and workers.
That is their gift and philanthropy to the declining US.

The rich in the US make damned sure everyone knows they spent a small portion
of the wealth trying to influence poor people worldwide.

What billionaire ever worked 20,000 times longer or harder for each of those billions
than the average worker?

Use magic tools Report

Rank: 2

Post time 2017-11-9 18:49:54 |Display all floors
robert237 Post time: 2017-10-31 12:20
If robots become enough like humans there can be marriages will choosing the wrong
robot mean you ha ...

you got a point there.  I think robot judges could solve many problems. and make less mistakes

Use magic tools Report

Rank: 2

Post time 2017-11-9 18:54:44 |Display all floors
UYA Post time: 2017-10-31 13:51
The rich like to put a "stigma" on socialism.
They will do ANYTHING to keep what they have.
(lie,  ...

that is a very nice interpretation but capitalism goes with rule of law.
corruption should be dealt with .  all systems has flaws , its like saying communism is bad because if its use or interpretation  by some regime.

Use magic tools Report

Rank: 5Rank: 5

Medal of honor July's Best Writer 2012 June's Best Writer 2012

Post time 2017-11-10 12:49:10 |Display all floors
Ted180 Post time: 2017-11-5 23:47
The "power" of capitalism is not "control". The real power is to be able to consume everything mat ...

The rich would have no problem throwing scraps to the poor, to keep them in line.
I have always pondered if and how capitalism could survive, even under socialism.
It always comes down to "poor serving the rich".
There would be no rich, without the poor to serve them.
If socialism took care of these "poor", money would lose its influence.

A good watch for me was the life of the founder of DFS (Duty Free Shops).
He was a billionaire who saw no use in keeping his money.
Spent a lot of it toward education.

Use magic tools Report

Rank: 5Rank: 5

Medal of honor July's Best Writer 2012 June's Best Writer 2012

Post time 2017-11-10 17:02:49 |Display all floors
Jackiyi Post time: 2017-11-9 18:54
that is a very nice interpretation but capitalism goes with rule of law.
corruption should be dea ...

Capitalism has made China the power it is now.
But there is a "limit" it can achieve.
It can NOT end poverty.
Money funnels to the very top.
It breeds selfishness and greed.
Not good in the long term.

Use magic tools Report

You can't reply post until you log in Log in | register

BACK TO THE TOP
Contact us:Tel: (86)010-84883548, Email: blog@chinadaily.com.cn
Blog announcement:| We reserve the right, and you authorize us, to use content, including words, photos and videos, which you provide to our blog
platform, for non-profit purposes on China Daily media, comprising newspaper, website, iPad and other social media accounts.