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originally posted by: MystikMushroom
This isn't about how much they can make for retirement, it's about having ownership in the company they work for -- having a compelling reason to want the company to succeed.
You can't invest enough making 50k a year to gain any appreciable ownership in the company you work for.
. We seem to talk all the time about big corp America but here is where America works, so why are they not majority owned by the employees? Also, people move a lot this days, they have about as much loyalty to the company as it seems companies have to them.
Firms with fewer than 500 workers accounted for 99.7 percent of those businesses, and businesses with less than 20 workers made up 89.8 percent.
originally posted by: MystikMushroom
a reply to: ketsuko
Yay! A 401k! I can contribute a meager amount of my low pay and get my employer to match it!
Meanwhile, my 'shares' are worth less than .001% of the total company, even though the work I do brings in twice what I'm paid!
originally posted by: Isurrender73
The franchisees don't have publicly traded companies but the parent company is a large publicly traded corporation, that feeds into the elitists shareholders bottom line.
originally posted by: MystikMushroom
a reply to: Xtrozero
Assuming there is a demand for a better "burger king", and customers with enough disposable income.
originally posted by: infolurker
originally posted by: mikkelno
a reply to: infolurker
Nothing wrong with being helpful to the people who needs help. That's also a christian view, am i right?
Are you being serious?
Being relieved of your property and the fruits of your labor by the threat of government (fines, prison, or barrel of a gun) is not a Christian view.
originally posted by: MystikMushroom
a reply to: Xtrozero
Assuming there is a demand for a better "burger king", and customers with enough disposable income.
originally posted by: Isurrender73
Sad because my family has the money and intelligence that we probably could do this. However half my family doesn't even talk to each other, for various reasons.
originally posted by: Gryphon66
originally posted by: AugustusMasonicus
originally posted by: Gryphon66
Footing the bill? Sure, we pay taxes, those taxes are used for all kinds of things.
We do, and I feel we pay too much of them.
As for the saying that it goes right back into the economy, that is the a fallacy that Bastiat addressed quite some time ago. It is not sound economics.
This is not to say I am opposed to social assistance, just that it is not a net benefit to the economy.
Everyone has always felt that they pay to much taxes. It's the nature of taxes.
It is not a fallacy. It's fact. Simple economic fact. Where does the money of the working poor go?
Simple question; simple answer.
(Bastiat is a theorist, why cite a theory as if it is proven fact? Your Austrians notwithstanding. )
originally posted by: Xtrozero
originally posted by: Isurrender73
Sad because my family has the money and intelligence that we probably could do this. However half my family doesn't even talk to each other, for various reasons.
The old India model... 12 family members come here all work minimum wage and live together and pool their money. They learn the convenience store quite well and buy some small market in a bad part of town. They continue to work and open up other small markets and one day they have a string to 7-11s. We laugh about it, but they laugh all the way to the bank.
originally posted by: Gryphon66
The actions of the rich ruling "job producing class" has eradicated anything resembling a middle class in this country.
If you would deny that, I'm going to lose a lot of respect for you.
originally posted by: Semicollegiate
Inflation has removed 95% of the poor people's wealth, and 95% the employer's payrolls.
Inflation is from Socialism, the ditz at the door who let in the vampire.
originally posted by: Kali74
originally posted by: infolurker
originally posted by: mikkelno
a reply to: infolurker
Nothing wrong with being helpful to the people who needs help. That's also a christian view, am i right?
Are you being serious?
Being relieved of your property and the fruits of your labor by the threat of government (fines, prison, or barrel of a gun) is not a Christian view.
Socialism doesn't remove your property. If you're talking about actual socialism it simply means worker owned but that isn't the kind of Socialism Americans are beginning to favor. They like Democratic Socialism in which Capitalism is still the economic model. It means that people can still raise capital, take loans and have investors if they choose to to open or operate their own businesses. The stock market would still exist so would banks.
originally posted by: Annee
Socialism will only work if everyone takes responsibility for their own actions.
There needs to be a culture change. People need to value their own worth --- meaning what they can contribute --- not what they can take from.
Education: can you contribute through science, medical, a trade, as a teacher, etc.
The culture of reproducing ourselves irresponsibly needs serious evaluation.
originally posted by: infolurker
Progressive Socialism is on the move with Democrats. I guess I was hoping to never see this in my lifetime and it is crazy how fast this insanity (in my opinion) has spread in less than a decade. I guess the dumbed down US education system has succeeded in political indoctrination since they can't teach anything else but propaganda.
In the US, if you're a Socialist, you call yourself a progressive, because it sounds like you're "for progress", even though in reality, Socialism is completely "regressive", given that it has failed every time that it has been tried, leaving countries economically stagnant or devastated. The only reason why David Cameron calls himself a "progressive", is because he agrees with the morality of collectivist-altruism, which lies at the root of Socialism. How can he oppose an insidious political ideology, such as Socialism, when he can't even bring himself to oppose its moral code? - Rougie, London
originally posted by: Annee
Socialism will only work if everyone takes responsibility for their own actions.
There needs to be a culture change. People need to value their own worth --- meaning what they can contribute --- not what they can take from.
Education: can you contribute through science, medical, a trade, as a teacher, etc.
The culture of reproducing ourselves irresponsibly needs serious evaluation.
originally posted by: Annee
Socialism will only work if everyone takes responsibility for their own actions.
There needs to be a culture change. People need to value their own worth --- meaning what they can contribute --- not what they can take from.