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Wealth Inequality in America


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LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

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LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

How you can deny that the capitalists don't salivate over cheap labor and do everything they possibly can to get labor as cheap as they can, considering our references to slavery, union busting, etc, is just plain disingenuous and/or uninformed, and really, you can't be taken seriously when you say such things. The only fair shake that the working class has ever gotten is thru the struggles of the working class, but that all is generally being eroded, evidently you haven't noticed.

 

I think it's been shown repeatly that the U.S. has the #1 wealth disparity in the world. N. Korea is an example of autocratic state capitalism where the wealth is owned and concentrated into the hands of the state(gov't) elite primarily--namely, that d-bag Kim Jong Un. It's not communism in the pure sense as described by Marx(a classless, eqalitarian, worker run society). I'm not sure if there is any privately owned enterprise in N. Korea, my sense is probably not much.

 

The last time humanity had mostly egalitarian socio/economic relationships was back in the hunter gatherer days. Since then, there's been masters/slave(Egypt/Rome), feudalism, and now industrial capitalism. But there have all along been large and frequent populist movements(including Rome) attempting a more 'socialistic' deal, but the power elite have always detroyed, mostly thru force(hiring an army), those movements. The inequities are ultimately held together through violence, sorry to say. Why do the riot cops always defend the corporation and not the workers?(rhetorical Q).

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LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

 

OK....I couldn't read past this. What a total bunch of BS.

Link to comment

 

 

 

 

 

 

 

 

LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

 

OK....I couldn't read past this. What a total bunch of BS.

 

Not sure what world you live in, buddy.

Link to comment

 

 

 

 

 

 

 

 

 

LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

 

OK....I couldn't read past this. What a total bunch of BS.

 

Not sure what world you live in, buddy.

 

Obviously...reality. I am concerned about you though.

 

I value everyone in an organization not just one group. I'm sorry to see you hate another group of people so much.

Link to comment

 

 

 

 

 

 

 

 

 

 

LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

 

OK....I couldn't read past this. What a total bunch of BS.

 

Not sure what world you live in, buddy.

 

Obviously...reality. I am concerned about you though.

 

I value everyone in an organization not just one group. I'm sorry to see you hate another group of people so much.

 

I really don't know how anyone can grow up in Merica ,as you say, and have such a poor view of it. There is no such thing as a perfect society. There is no such thing as perfect form of government or economic system.

 

You can have 1000 people that are living in an "equal" world were everything is shared, but at least one of them will always want more. We can't help it.

  • Fire 2
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OK...there is no way the typical wage of workers has only risen 10%

 

The minimum wage in 1978 was $2.65. Today's minimum isn't a decrease of 5.5%.

 

That's enough for me to not have to spend the time researching the rest.

 

It's probably adjusted for inflation.

 

Didn't look too deeply but here's something from the department of labor:

 

Myth: The federal minimum wage is higher today than it was when President Reagan took office.

Not true: While the federal minimum wage was only $3.35 per hour in 1981 and is currently $7.25 per hour in real dollars, when adjusted for inflation, the current federal minimum wage would need to be more than $8 per hour to equal its buying power of the early 1980s and more nearly $11 per hour to equal its buying power of the late 1960s.

 

http://www.dol.gov/minwage/mythbuster.htm

 

I'd rather just see the data but w/e.

  • Fire 2
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The more I research income inequality, the more I am sad. My parents had it awesome; grow up in an era when inequality was very low, start working in a good market with low housing costs. Meanwhile my generation inherits the largest inequality since the late 1800s, a total dogshit job market, the 2008 mess, and a political climate that essentially guarantees things will get worse for at least the next 20 years, or the majority of my working lifetime.

 

Things are spectacular.

Yeah, back then CEO's made only a mere ~40X what the average wage worker made(more workers were unionized, even many middle class workers, btw): now the differential is over ~400X. That does not include the Warren Buffets of the world where the difference really isn't worth thinking about.

 

It's good to be king.

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LOL....you act like what Europeans did to Native Americans is the norm for what the US economic system does to people. There is no excuse for what Europeans did to the Native Americans and bringing it up as though I would support that because I support capitalism is laughable at best.

 

What they did to Native Americans is inexcusable and completely ignorant. However, I will say this. Native Americans were doing just as bad of stuff between various tribes as we ever did to them. Read some time about Red Cloud and his early years growing up and becoming the warrior he is known to be. He was a brutal and ruthless man that had absolutely no problem slaughtering villages or groups of people for simply being of a different tribe and setting foot on land he claimed as his tribe's land.

 

I'm almost done reading this book now. It's a fantastic read about Native Americans before Europeans showed up and the history of the Indian wars.

 

Saying that, this discussion has absolutely nothing to do with capitalism and the perceived evil of it.

Hmm, I would differentiate between Native American cross tribal battles and outright genecide conducted by the Europeans and subsequent Americans(see Andrew Jackson, etc). Somthing like a population kill off from ~15-18,000,000 to ~250,000. Anyway, I can see you and your 'rich friends' are set in the perceprions that have been given to you(i.e., propaganda machine), so I will spare the incredibly lengthy list of genocides that have been conducted under the auspices of capitalism, or more specifically imperialism and continue to this day with no particular end in sight.

 

Hey....what I said the Europeans did to the native Americans was inexcusable. Not sure what else you want me to say about it. I have no doubt that if possible Red Cloud wouldn't have had a problem killing that many of other tribes.

 

And....you act like there has never been acts of genocide or other mass killings under other economic systems.

 

My "rich friends" LOL.....you're a comedian too.

 

Oh, I thought you said you knew 'rich guys'.

 

Since feudalism, global economics have been primarily capitalistic with different degrees of state intervention('socialism') and privatization. The point is, along the topic on wealth inequality, that the capitalism is the dominant model in the world and most of the world's population is poor, that's just a fact. Capitalism concentrates wealth to the relative few and produces poverty for the many(working class) by definition.

 

LOL....you don't know rich people? Maybe that's part of your problem. You seem to demonize these people you don't know very well.

 

Poor people have been created by absolutely every economic system known to man. AND, most of the severe poverty you see in the world is created by extremely poor governments and dictators. That doesn't necessarily have to do with capitalism.

 

Almost all people who have cancer have eaten carrots in their life so therefore Carrots cause cancer. That is just as reasonable statement as yours about how many poor people there are in the world so therefore it must be capitalism that has caused it.

 

Gov'ts in capitalistic societies create legistlation that favors the capitalists, obviously, just ask the Koch Bros or Warren Buffet. Well, if you can't see the connection between chatel, indentured, or wage slavery and the accumulation of wealth by the capitlist owners/investors, there's not much more I can say about it.

 

One point I have been saying constantly is that there has not been one society in the history of the world that I have ever learned about that didn't have different economic classes. probably the most non-capitalistic society on the planet right now (North Korea) has a HUGE disparity in economic levels. the problem is.....their wealth inequality has created even larger portion of the population in severe poverty than the US has.

 

And....no.....not everyone hates unions because they just want cheap labor. That is the most worn out propaganda for unions that has ever been said.

 

Still to this point (unless I missed it) you have not pointed to a society that didn't have wealth inequality and was successful.

 

And...I have absolutely no problem with employee owned companies if that is what people want to be in. I also have no problem with companies being non-democratic. Hey...form what ever organization you want and I hope you are successful. If you form an employee owned company and it is extremely successful and everyone is living in heavenly bliss, then you will get all the employees/members of that company you want and you will all be very successful. Good luck.

 

Ok, 1st of all, you are apparantly attributing 'success' in wealth inequality and it appears you are or would be a heckuva boss. Sure, the 'haves' tend to enjoy their wealth and power over others, and in particular, feel 'success' in not having to get themselves dirty, do any physical work, or break a sweat.

 

 

OK....I couldn't read past this. What a total bunch of BS.

 

Not sure what world you live in, buddy.

 

Obviously...reality. I am concerned about you though.

 

I value everyone in an organization not just one group. I'm sorry to see you hate another group of people so much.

 

I really don't know how anyone can grow up in Merica ,as you say, and have such a poor view of it. There is no such thing as a perfect society. There is no such thing as perfect form of government or economic system.

 

You can have 1000 people that are living in an "equal" world were everything is shared, but at least one of them will always want more. We can't help it.

 

"Murica" is that section of the population(the majority) which is generally uninformed or only vaguely informed due to poor education about the machinations of the U.S system, both domestically and abroad. Through in a healthy dose of superpatriotism and general belief in media propaganda(which, I'll admit, is rather hard to avoid) and you get "Muricans". The good news is, most Americans, like most peoples in the world, have good will and fundamental common sense when you can get past the other stuff.

 

You are correct, no perfect system. My discussion is to the topic of income inequality and the way it is built into the capitalistic system, so there should be no surprise as to income inequality, though, as part of U.S. propaganda, it is said that we "all are equal" or have "equal opportunity" and such, which clearly isn't true.

 

There are many things I love about America: amazing geography, incredibly music and art scene(most of which is subcultural, i.e., not mainstream), many beautiful women, etc. No, I'm not a fan of the income iequality, but that doesn't make me "un American" and whatnot.

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