Capitalism, A Worker's Best Friend?

Discussion in 'Economics & Trade' started by james M, Sep 6, 2018.

  1. pitbull

    pitbull Banned Donor

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    There is no unemployment because the unemployed have to die.
     
  2. Reiver

    Reiver Well-Known Member

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    This is extraordinarily naive. Not even orthodox economics accepts that. Indeed, given an inability to understand unemployment data, they had to steal from Marxist theory. There are non Marxist alternatives mind you, such as evolutionary economics and it's rejection of singular equilibrium.
     
  3. james M

    james M Banned

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    actually dear Friedman accepted it 100%
     
  4. james M

    james M Banned

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    Friedman stole from Marx? I'm sure your libcommie mentors would love for you to believe that utter nonsense.
     
  5. james M

    james M Banned

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    has nothing to do with supply and demand
     
  6. Reiver

    Reiver Well-Known Member

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    It's not possible to understand unemployment trends with a single equilibrium. It's one reason why the NRU was a crock of textbook s....
     
  7. james M

    james M Banned

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    If I disagreed I'll pay the liberal $10,000. Bet??
     
  8. Reiver

    Reiver Well-Known Member

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    Happy for you to pay a liberal 10 grand. Multiple equilibria is accepted with hysteresis and an understanding of how unemployment destroys human capital.
     
  9. james M

    james M Banned

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    so?? IF I disagree I"ll pay you $10,000. BEt??
     
  10. Reiver

    Reiver Well-Known Member

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    Your foot stamping won't change anything. Multiple equilibria has to be accepted as there is no means to understand unemployment trends with single equilibrium naivety.
     
  11. danielpalos

    danielpalos Banned

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    Capitalism is always wonderful when one has enough capital.

    Full employment of resources in the market for labor can ensure capital circulates, regardless.

    Liquidity is what we need.
     
  12. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Generally speaking foreign immigration is utilized in destabilizing wages and bringing them down. It's the same for job outsourcing to other nations also.
     
  13. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    What do you do when liberals and conservatives work together in undermining the working class in tantamount?
     
  14. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Wrong, many libertarian capitalists discuss often how we should go back to the good old days where minimum wages don't exist at all.
     
  15. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Unregulated or unrestrained capitalism could only exist in total lawlessness of anarchy, only crazy people support such a position.

    Interesting enough with today's unregulated and unrestrained capitalist proponents politically it is no coincidence that our nations presently are descending into chaos or anarchy.
     
  16. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    What's wrong with massive amounts of wealth inequality? A nation state divided amongst itself is doomed to failure.
     
    Last edited: Oct 5, 2018
  17. DentalFloss

    DentalFloss Well-Known Member

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    A worker who doesn't perform as intended deserves to be fired. You've got a job. DO IT! If you don't, can't, or won't, you don't deserve the job.
     
  18. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    When the dollar dies as the world reserve currency all you slum landlords and business owners will get your just deserts, good luck! :fingerscrossed:
     
  19. Reiver

    Reiver Well-Known Member

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    True. Thatcherism, ironically like the autonomist anarchists, realised how globalism is used to reduce the power of the workers and reinforce worker exploitation. However, there is no reason that you can't twin an open door policy with a rejection of neoliberalism (and therefore high levels of union power, a living wage and increased application of worker ownership)
     
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  20. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Agreed.
     
  21. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Had to reread that again, I hope when you say open door policy you don't mean open unregulated immigration without borders because that's something I'm very much against as a nationalist.

    Appreciate your clarity on that point.

    I of course support a living wage, trade unions, and increased application of worker ownership, no argument from me there.
     
    Last edited: Oct 5, 2018
  22. Reiver

    Reiver Well-Known Member

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    Lets go old school. Nationalism is the virtue of the vicious.
     
  23. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Nationalism doesn't have to be vicious or even imperialistic.

    I prefer a world of independent nations that cooperate, trade, aide, and communicate with each other. I will not however tolerate or support a one world initiative ruled by a singular government entity.
     
  24. iamwhatiseem

    iamwhatiseem Well-Known Member

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    Close.
    Capitalism is great for the whole community as long as lawmakers don't make laws to protect the largest owners of production.
    And THAT is what we have today.
    And it is called Corporatism.
    Corporatism is the enemy of the left and the right, it is what will eventually lead to mass economic servitude resembling the old Lordship. We are getting closer all the time.
     
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  25. Carl Von Clausewitz

    Carl Von Clausewitz Well-Known Member

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    Actually corporatism is a hallmark of capitalism, it's baked into it as a part of the ingredients.
     

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