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Elizabeth Warren’s Batty Plan to Nationalize . . . Everything

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posted on Aug, 19 2018 @ 06:47 AM
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a reply to: ScepticScot


German economy also took a smaller hit to its economy in 2008/09 than the US did so growth post then would be expected to be slower. (not to mention the albatross that is the Euro).

Agreed. The charts I posted show that clearly. But they also show no appreciable GDP growth over the period shown. While there are peaks and troughs, the average GDP has changed little if any.

I will also accept the Euro as a economic disadvantage.


The problem with purely voluntary schemes is that they allow a race to the bottom. This is particularly true during economic downturns which in turn makes the economic cycle more severe.

The recent US trend toward employee stock options would seem to indicate otherwise. This is a concept that is rapidly catching on, and it accomplishes the same end result as the stakeholder concept: employees become shareholders with Board of Director voting rights. It also serves as a wonderful retirement plan and emergency fund for the employees.


I am not sure that the cultural differenced between Germany and the US are all that great. US culture was influenced by German culture almost as much as it was by the UK.

Again, not really an area I consider myself educated in. My references to Japan were simply because I have tried to study the cultural differences. I have not done so with Germany.

The link and excerpt I provided would indicate that Germany, like the UK as I am told, is historically less concerned with individual wealth and more concerned with social harmony.


Social change has always been influenced by legislation

Yes, it has, and I believe this runs counter to the very concept of a free society. I personally oppose any legislation that is intended to indirectly influence societal attitudes. The idea of the United States was that the people would control the government, not that the government would control the people.

TheRedneck




posted on Aug, 19 2018 @ 06:48 AM
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originally posted by: toysforadults
a reply to: ScepticScot

Not just Germany many countries in Europe have this policy



True but the German approach is one of the most long running and successful versions.



posted on Aug, 19 2018 @ 06:50 AM
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a reply to: ScepticScot

True.

Our model is obviously broken. When it cost a student a lifetime to pay their education off and a lifetime to pay off their home its essentially a form of debt slavery.

Its as clear as day to anybody who isnt just following a narrative that something isnt right here



posted on Aug, 19 2018 @ 06:55 AM
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a reply to: TheRedneck

Government of any form influences society and culture. Either by reinforcing the status quo or by driving change. I believe its better to embrace the positive influence it can have rather than push back against it. Appreciate however that that is an ideological difference.

Sadly we may be lacking points of reference as my knowledge of Japanese culture is limited to samurai swords are cool and a love of the 1st generation Honda NSX.



posted on Aug, 19 2018 @ 07:06 AM
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a reply to: toysforadults

Bent if not broken.

I personally blame government intrusion into daily life. That particular aspect of our society has increased concurrently with the disparagement of income levels, and with the change in social attitudes towards unrelenting greed in favor of social responsibility.

Some would say that the turn toward unrelenting greed is the cause. I respond that a people will tend to emulate their leaders over time. As we see those leaders pressing for new ways to tax, new regulations to increase government income, we see the greed that we then emulate over time. Also, to a person whose livelihood has dwindled away due to taxation, regulation, social expectations, and inflation, money can become precious due to its relative scarcity.

I find it ironic that overall, we are one of the wealthiest countries on earth. Our homeless have it better than most of the world's population.

TheRedneck



posted on Aug, 19 2018 @ 07:14 AM
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a reply to: TheRedneck

That's not true if you are homeless you dont have it better than anyone that doesnt make sense.

I agree that our Kensyian government and fiat currency is responsible for our current world.

We do have to be willing to admit that things are out of balance amd begin to take steps towards correcting that.

Homeless people do not have it good.

We have to start seeking balance.
edit on 19-8-2018 by toysforadults because: (no reason given)



posted on Aug, 19 2018 @ 07:18 AM
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a reply to: ScepticScot


Government of any form influences society and culture. Either by reinforcing the status quo or by driving change. I believe its better to embrace the positive influence it can have rather than push back against it. Appreciate however that that is an ideological difference.

Yes, but that is a danger that I prefer to steer as clear of as possible. Reference my response to toysforasdults just above. I believe the actions of government to control social attitudes, by those with excessive greed, have caused a societal change that is now driving the population to accept more of what has already caused problems.

IMO, the best government is no government. I do, however, recognize the requirement for some form of government to exist. There are certain things a government is required for: international trade regulation, border control, and military defense readiness come to mind. There are some for which government is preferable: NASA-style (read: initially unprofitable) research, our Interstate Highway System, the Post Office as examples. Everything else is extra government that we do not need, and that has the capacity to be hazardous to society.


Sadly we may be lacking points of reference as my knowledge of Japanese culture is limited to samurai swords are cool and a love of the 1st generation Honda NSX.

Yeah, the swords are cool. Not crazy about the early Hondas, although I think I am thinking earlier than the NSX. I still remember some of the original three-cylinder, dynamo ignition engines from long ago.

But this discussion with you has been a pleasant deviation from earlier responses, in that you have given examples to back up your claims and made reasonable arguments. I believe we can overcome a simple reference discrepancy. We might even both learn something.


TheRedneck



posted on Aug, 19 2018 @ 07:22 AM
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a reply to: toysforadults


That's not true if you are homeless you dont have it better than anyone that doesnt make sense.

I know of no area in the US that doesn't have some form of shelter and food distribution to homeless people. In many countries, there are no such benefits and vast numbers are either homeless or might as well be (I understand cardboard makes for a poor roof and insulator).

I am speaking globally, not nationally. Nationally, you are correct. But globally... there are a lot of pretty desperate people on this rock.

TheRedneck



posted on Aug, 19 2018 @ 08:55 AM
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a reply to: TheRedneck

IMO argueing the conditions of homeless people from one country to another is useless.

It proves nothing. People without a place to live here or there it makes no sense in either ppsition neither of them are living a life anyone wants. It proves nothing overall.



posted on Aug, 19 2018 @ 09:16 AM
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The model of employee owned business can work in some instances. Town and Country groceries is one around here. And they have a large selection of whole and organic foods and in many cases lower prices. This is great and I applaud it. I've seen a number of people post here about employee owned business, but I really hope these people are realistic because this is not the model Socialists are going to use no matter how much people like Warren are promoting. Socialism is statism and that means centralized government control. Want the bread lines of the old Soviet Union? Actually it will probably be more like Venezuela or Cuba just on a bigger scale.



posted on Aug, 19 2018 @ 09:38 AM
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So Warren wants more regulation for business. That means bigger government and more Statist control. Forget all this nonsense of employee owned blah blah blah
www.google.com...



posted on Aug, 19 2018 @ 11:21 AM
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The self-interest of CEOs and shareholders


Major shareholders such as union pension funds? Can't have it both ways, Lizzie.



posted on Aug, 19 2018 @ 02:06 PM
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a reply to: toysforadults

I'm not going to argue the point... the only reason I mentioned it was to emphasize the fact that the US still has one of the wealthiest societies on the planet.

I am not trying to promote homelessness, lol.

TheRedneck



posted on Aug, 19 2018 @ 04:43 PM
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a reply to: neo96

Exactly. If I start a business and it becomes valued at $1b, I could be out of it by vote? That's some brutul Lord of the Flies ish.



posted on Aug, 19 2018 @ 05:33 PM
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originally posted by: xuenchen

Crazy nut U.S. Senator Elizabeth Warren has apparently gone off her rocker completely.

Now it seems she has come up with a proposal that would end up Nationalizing big businesses !!

It's called the "Accountable Capitalism Act" of all things !!

Yup, the Democrats are exposing their true colors this election season 💥😃💥

Liz will really be waving her arms and bobbing her head with this one 🤓



Elizabeth Warren’s Batty Plan to Nationalize . . . Everything

Senator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States of America. If successful, it would constitute the largest seizure of private property in human history.

Warren’s proposal is dishonestly called the “Accountable Capitalism Act.” Accountable to whom? you might ask. That’s a reasonable question. The answer is — as it always is — accountable to politicians, who desire to put the assets and productivity of private businesses under political discipline for their own selfish ends. It is remarkable that people who are most keenly attuned to the self-interest of CEOs and shareholders and the ways in which that self-interest influences their decisions apparently believe that members of the House, senators, presidents, regulators, Cabinet secretaries, and agency chiefs somehow are liberated from self-interest when they take office through some kind of miracle of transcendence.

extra source..
Warren introduces Accountable Capitalism Act




Your first article is fact free scare mongering. Not surprised it got so many stars. Her idea is fantastic, give it a more in depth read here
www.vox.com...



posted on Aug, 19 2018 @ 05:39 PM
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a reply to: WhateverYouSay

Oh it's really so fabulous !!!

😵🤪



posted on Aug, 19 2018 @ 05:46 PM
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originally posted by: xuenchen
a reply to: WhateverYouSay

Oh it's really so fabulous !!!

😵🤪

Income inequality keeps going up. Wages are stagnant and certainly don't reflect the gigantic increases in productivity we've made over the past many decades.
You guys all cry when government programs paid for by taxes are seen as a way to address that. This seeks to alleviate those problems without resorting to wealth redistribution and taxes. All it does is ask for business executive decisions to be made in a comprehensive way, factoring the public and the employees into the decision making process, not just shareholders. It doesn't mean the public gets a vote on company decisions. Your National Review article is entirely BS and fact free
edit on 19-8-2018 by WhateverYouSay because: (no reason given)



posted on Aug, 19 2018 @ 05:56 PM
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a reply to: WhateverYouSay

There are two ways to equalize wealth: make everyone wealthy or make everyone poor. Both are equal wealth distribution. What some of us in this thread are speaking against is making everyone poor. That may be equality, but it also sucks.

Bigly.

TheRedneck



posted on Aug, 19 2018 @ 05:58 PM
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a reply to: TheRedneck

Ok...how is that relevant to the topic? Please be specific and talk about her actual plan. Not about someone's hyperbolic generalization



posted on Aug, 19 2018 @ 06:02 PM
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originally posted by: WhateverYouSay
a reply to: TheRedneck

Ok...how is that relevant to the topic? Please be specific and talk about her actual plan. Not about someone's hyperbolic generalization


well what IS her actual plan anyway ?

🍔🍟




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