Grow We Must Economics

Discussion in 'Economics & Trade' started by Moi621, Apr 22, 2018.

  1. danielpalos

    danielpalos Banned

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    lol. The right wing has no solutions; only a lack of understanding the actual problem, is the problem.
     
  2. Reiver

    Reiver Well-Known Member

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    Given the issue is your lack of understanding of basic concept, I'm not sure what you're hoping to achieve by referring to the right wing.
     
  3. james M

    james M Banned

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    Solution is capitalism. China just used it to instantly eliminate 40% of all the poverty on the planet.
     
  4. danielpalos

    danielpalos Banned

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    We could do it better; and improve the efficiency of our economy and solve for a simple poverty of capital, under our form of capitalism.
     
    Last edited: Jun 6, 2018
  5. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    When men stop impregnating women who then have babies, then we will not need any economic growth.

    It is the population of mankind that makes for Demand. Which stimulates Supply and thus profits. Supply&Demand are central to the never-ending functioning of any market-economy.

    If we grow the economy it is because Demand grows. And that happens in the US despite the fact that the rate of fertility is not immoderate - as shown in this infographic:
    [​IMG]

    Where fertility rates are immoderate there is also a high level of poverty. Which is why, for a donkey's age, the countries in central-Africa have been trying to introduce the pill. But evidently that method is not working so well.

    (Therefore I suggest that they give each family a TV-set and put on mindless "family shows" in the local-language to assure that adult couples have their eyes on something else other than one-another ... ;^)

    The US has a designated poverty-rate of about 14% of its population (for families of 4) below the Poverty Threshold; which translates into about 45 million men, women and children. That amount is nearly the population of California and Virginia combined.

    Which means what? It is significant. That is, sizeable enough for any nation to give the matter some very serious attention. Because (especially) in a nation as rich as the US, there is no reason whatsoever that such should occur.

    Something in the economy is very, very wrong ... and it cannot be dismissed by assinine idle-remarks like "that's the way the cookie crumbles" ...

    PS: And please, no more silly remarks about how it's all stoopid people who are poor and have too many babies. This past Great Recession has shown how easy it is for any family to fall into poverty.
     
  6. danielpalos

    danielpalos Banned

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    New Cities, not new debt!
     
  7. bringiton

    bringiton Well-Known Member

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    Indefinitely. Whether we will or not, and at what cost, is a different question.
    OK. And...?
     
  8. danielpalos

    danielpalos Banned

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    We need a better plan, Stan.
     
  9. Reiver

    Reiver Well-Known Member

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    Why do you think countries that adopt 'free market economics' also have higher rates of poverty?
     
  10. james M

    james M Banned

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    China just adopted free markets and instantly eliminated 40% of all the poverty on earth. How is it possible that you didn't know that? Have you heard of China?
     
  11. james M

    james M Banned

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    100% wrong. We got from the stone age to here because the Republican supply of new inventions grew!! People demanded cheap food clothing shelter for 1000's of years but noting happened until Republican inventions satisfied the demand. So if we want to grow more we want to encourage the Republican supply of new inventions!! Wakey Wakey!!
     
  12. Reiver

    Reiver Well-Known Member

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    Try answering my question. I already know of your support for dictatorship. Why do you think countries that adopt 'free market economics' also have higher rates of poverty?
     
  13. james M

    james M Banned

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    China adopted free markets and instantly eliminated 40% of the entire planet'poverty!!!
     
  14. One Mind

    One Mind Well-Known Member Past Donor

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    Out of china's 1.5 billion people, 1 billion are poor. Many of those 1 billion are working. But still poor.
     
  15. Reiver

    Reiver Well-Known Member

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    Again, answer my quesiton. Why do you think countries that adopt 'free market economics' also have higher rates of poverty?
     
  16. bringiton

    bringiton Well-Known Member

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    BWAHAHAHAAA! Such claims are so absurd, so far from reality, as to disqualify you from further comment.
    They eliminated poverty by retaining land in public ownership.
    Do you know ANYTHING WHATEVER about how markets actually work in China?
     
  17. bringiton

    bringiton Well-Known Member

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    Read my posts, and you'll learn what it is.
     
  18. bringiton

    bringiton Well-Known Member

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    Because what they so absurdly call "free market economics" is a system of privileges issued and enforced by government to forcibly transfer wealth from the productive to the privileged.
     
  19. Reiver

    Reiver Well-Known Member

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    I'm not interested in your script. Be a good chap and try not to troll.
     
  20. bringiton

    bringiton Well-Known Member

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    Just checking to make sure you understand that putting "free market economics" in scare quotes means you know it's not really free market economics.
     
  21. Reiver

    Reiver Well-Known Member

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    I'm not interested in a Georgism with a whiff of neoclassicalism. It yields no insight.
     
  22. bringiton

    bringiton Well-Known Member

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    Thanks for again confirming you are unable to offer economic comment.
     
  23. Reiver

    Reiver Well-Known Member

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    Shush now. No more trolling welcome. I'm sure the other fellow knows the question he's dodged so far: Why do you think countries that adopt 'free market economics' also have higher rates of poverty?
     
  24. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

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    Fourteen percent of your fellow Americans are living below the Poverty Threshold ($25K annual revenue for a family of four).

    That's close to 45 million American men, women and children living in comparative misery - and you're saying the misery elsewhere is even worse?

    Just the facts (from Wikipedia):
    Look at your own house before casting aspersions about your neighbor's.

    More one-liner aspersion from the Rabid Right ...
     
    Last edited: Jun 9, 2018
  25. Ndividual

    Ndividual Well-Known Member

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    The French seem to have solved the problem of poverty, I saw where only about 8.7 million there are living in poverty, about 13%.
     

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