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  1. #51
    Senior Member Valuable_Money's Avatar
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    Dont have time to sift through all the posts, dont know if this has been posted yet.

    By definition the "rich" are considered above the majority. If you live in america and make minimuim wage you are considered part of the richest 1% of the world, inless your homeless or something but considering you made this post I doubt it. So yeah you are rich, just because you dont have a flat screen TV and a Sports Car doesnt mean that capitalism has failed if thats what your impllying. So yeah, for all you Che Guevara-hat wearers out there, you cant overthrow the burgouise becaue you ARE the burgouise, instead of bitching about the system why dont you sell all your RATM CDs and give the money to UNICEF or somthing. /rant
    Ph'nglui mglw'nafh Cthulhu R'lyeh? wgah'nagl fhtagn

  2. #52
    Glowy Goopy Goodness The_Liquid_Laser's Avatar
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    Quote Originally Posted by onemoretime View Post
    Is that a function of capitalism being inherently better, or is it a function of capitalist states tending to have access to resources in high demand? Adam Smith didn't invent capitalism, he just described it in a nascent form. Why did it start in England and Scotland? Was it because of the inherent goodness of the people (laughable), or was it something else, perhaps the access to water combined with large coal deposits, along with the individuating effects of enclosure combined with Protestant Christianity that led to a highly individualistic, market-based economy? Might it have been those coal deposits leading to Great Britain's early industrialization and subsequent empire that led to capitalist nations having control over most of the world's valued resources (as the rest of Europe sought to follow the British model)?
    Heh lots of questions of here and few statements. I'm not sure if you have a point in there or are just playing devil's advocate. Let me throw this out there though. Kuwait has the largest per capita income in the world (or at least it did last I checked a few years ago), so it's true that natural resources play a factor. Do you think that they will maintain this level of economic productivity when they run low on oil?

    Quote Originally Posted by Provoker View Post
    First of all, you've muddled up wealth and standard of living in the same sentence. When it comes to standard of living, and eveyone agrees on this, the northern European countries enjoy a higher standard of living than their captialist counterparts. And these countries, (such as Sweden, for example) are considered social democracies.
    I don't make much distinction between socialist democracies and capitalist democracies, because neither one exist in a pure form. All modern countries exist on a continuum for capitalism/socialism. Generally a country gets wealthy using capitalist practices and then realizes, "Hey we're generating a lot of wealth, but most people aren't seeing it." Then some degree of socialist policies are instituted. All of these modern capitalist/socialist countries are actually pretty similar and are all much more effective at generating wealth that the rest of the world.

    Secondly, if one is only interested in measuring sheer wealth, then there were points in history where the USSR outperformed the United States (1960s).
    You can point out tiny slivers in time, but these are basically meaningless. The USSR has proven to be an unsustainable economy. This is like saying two guys ran a marathon and guy B was ahead for 1/2 a mile, then guy A dramatically outdistanced him for the rest of the 26 miles. Command economies like in the former USSR are much less efficient than capitalist ones, and history has proven this is true.
    My wife and I made a game to teach kids about nutrition. Please try our game and vote for us to win. (Voting period: July 14 - August 14)
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  3. #53
    Dreaming the life onemoretime's Avatar
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    Quote Originally Posted by The_Liquid_Laser View Post
    Heh lots of questions of here and few statements. I'm not sure if you have a point in there or are just playing devil's advocate. Let me throw this out there though. Kuwait has the largest per capita income in the world (or at least it did last I checked a few years ago), so it's true that natural resources play a factor. Do you think that they will maintain this level of economic productivity when they run low on oil?
    Come on, as a fellow ENTP, you should know that we make our best points without ever coming up with a direct statement.

    Did Kuwait ever industrialize in a complete sense? Have they developed any sort of industrialized trade beyond that of resource extraction? Is there any sort of manufacturing done in Kuwait? Those are the more important questions.

  4. #54
    HAHHAHHAH! INTJ123's Avatar
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    Quote Originally Posted by cloud View Post
    Explain this? How is harder one works relate to how much money one earns?
    He's saying the employer is getting rich off using employee slave labor.

  5. #55
    pathwise dependent FDG's Avatar
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    Quote Originally Posted by cloud View Post
    resource is unlimited when enough people want it and spend money on it.
    This is unbelievable...is the mass of the earth infinite?

    People would find any way to replicate and produce that resource
    Yes, we all know that every family has a replicator, such as those seen in Star Trek, at their disposal in the kitchen.

    or even go to outer space for it, if they knew it was profitable.
    Then you don't know the difference between "resource" and "stock". The latter is simply something that exists, the former is something you can extract and make money from. To put it simply, if you need more money to extract something that what you can get, then it's not a resource anymore, since the net expenditure of resources will be negative. Which means, that for the time being outer space cannot be considered as a resource.

    Supply and demand of resources does not work in real life, unless you are talking about water and electricity. in the real world, you manufacture a product and have to beg people to buy it. It is called selling. only then can you build a market out of that product.
    Sigh. Why do you think people have to be begged to buy something? Because they lack unlimited resources, thus they need to allocate their money wisely, so we are back at the only possible reason of why not everybody is rich: there are not enough resources.
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  6. #56
    pathwise dependent FDG's Avatar
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    Quote Originally Posted by Elaur View Post
    Do you mean which are most likely to admit to cheating?

    And are you implying that the other majors arent going to use their degrees to make money? I get sick of the "businessmen are evil" tirade.
    You don't need to equate business majors with businessmen. In fact, the greatest majority of nowadays' successful businessmen are not business majors.
    ENTj 7-3-8 sx/sp

  7. #57
    no clinkz 'til brooklyn Nocapszy's Avatar
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    i don't uh...
    i don't know why this thread is still going on.
    unless there are extra questions that my browser won't display, the OP is fully answered.

    it's a matter of semantics.
    cloud, do you care to revise your question or is this entire thread just retarded?
    we fukin won boys

  8. #58
    Alexander the Terrible yenom's Avatar
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    Quote Originally Posted by FDG View Post
    This is unbelievable...is the mass of the earth infinite?
    No but the universe is infinite.

    Ad for your replicator mockery, people will die to produce any type of resource that can create profit. That is why we still haven't starve to death despite the Malthus prediction.
    The fear of poverty turns people into slaves of money.

    "In this Caesar there are many Mariuses"~Sulla

    Conquer your inner demons first before you conquer the world.

  9. #59
    Alexander the Terrible yenom's Avatar
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    Originally Posted by FDG
    I still think that it will not be impossible for everybody to reach a decent standard of living, but I cannot envision a future with limitless resources, so that everybody would be able to get rich.
    By definition of rich, I mean you do not have to work for your food. I think this is possible.

    In today's society, the standard of rich is the people who gets lunch and the minimum without working, while the poor has to use their wage to pay for food and other necessities for survivial.
    The fear of poverty turns people into slaves of money.

    "In this Caesar there are many Mariuses"~Sulla

    Conquer your inner demons first before you conquer the world.

  10. #60
    HAHHAHHAH! INTJ123's Avatar
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    Quote Originally Posted by cloud View Post
    No but the universe is infinite.

    Ad for your replicator mockery, people will die to produce any type of resource that can create profit. That is why we still haven't starve to death despite the Malthus prediction.
    As much as I don't really like entjs, he did have a point. Natural Resources only occur naturally, and if we comsume it faster than it is produced in nature, then it is very limited. And until we start using magnetic propulsion for space flight, it won't be cost effective to go out there to mine resources.

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