reply to post by jlv70
According to econ 101, that shouldn't happen in a free market capitalist system.
This is quite true. The Federal Reserve and our policy of allowing our representatives to pass such sweeping legislation as "Obamacare" without
going through procedures similar to passing an amendment has led to this.
So people who do the right thing and stand up to a corrupt and broken system are whiners?
This really depends upon the tone you take. A lot of these people that are out there simply want someone to hand them a standard of living. They
want a home with all the elegance seen in hollyweird movies. Most of these types don't really understand the problem - they are just angry that they
serve people burgers all day or do a job that you can train just about anyone with a brain to do, and have difficulty meeting their bills (that they
have all taken on voluntarily).
Those that understand the problem and actually have some kind of idea of how to go about solving it (aside from crucifying rich people) are not
Of course, everyone thinks they understand the problem and that they are going to be able to fix it by whatever actions they end up taking... so it
really isn't very easy to do a self-evaluation.
The parasites, who richly benefit from the broken system that we have, are rightly afraid. Expect their minions to be out in force,
unfortunately for them, you can't hold up a lie and you can't keep down the truth.
And here is where you go off the deep end.
How does making money make someone the "bad guy?"
I have plans to make money. I have plans to, one day, start up an absolutely massive manufacturing industry that will be known the world over and be
one of the first to start industrializing space (this plan has no respect for time and the fact that it will probably happen long before I ever come
up with the resources to start - but, dreams are just that).
Does that make me a bad person to want to do that and have millions of dollars to spend at my whim?
"You need to pay your fair share, Aim."
And what would that be?
My vision combined with someone's capital resources created the company (perhaps my own - perhaps someone other person's or groups'), my management
and recruitment of capable staff allowed the company to operate - my competition for market share ensured there was work for employees to do (and,
therefor, something to sell).
How do you really place a value on that, or a "point where I've made enough money?" I'll always have bigger dreams and goals to achieve. A
million years and unlimited resources would still find me wanting to create and do more.
"Well, Aim - your workers deserve a portion of the profits."
Of course. I've thought of all kinds of different payment schemes to try and be fair while encouraging employees to be dynamic in their efforts.
You don't hire people to do a robot's job - they shouldn't just punch the clock and go do a monotonous job for eight hours and punch out. They
should apply their knowledge and experience to the tasks at hand while seeking to improve their own experience and capabilities - and should be
rewarded for doing so when it helps the company (unfortunately, I can't give people bonuses for getting better at reciting poetry before meetings -
though I would be more than happy to refer them to some publishers or let them know how they could book the facilities to hold a recital).
However - you're not going to be able to retire off of being a janitor. People have better applications of their skills than sweeping floors for all
eternity - and I'm not going to indulge a lack of motivation to improve one's own life and standards (like most industries - I'd have a program for
paying for schooling necessary for good, reliable workers to get educated and assume a more technical position later).
"Okay, Aim - we get it... what about those who have money but aren't spending it."
Would you spend it?
What does a rich person spend money on? Goods and services, yes? Perhaps we should be a bit more inventive with our goods and services to come up
with something they just absolutely have to own.
I agree - what we have should not occur under a free market (because we don't have a free market). We have gone absolutely bonkers on lines of
credit (look at what happens to those "home makeover" winners - a lot of them screw themselves over by taking out a lien against the house that is
equal to its newly appraised value and can't make the payments on that.... but that's the mentality of the average person).
Instating policies that return us to a free market and free banking system will go a long way to resolving our problems - and the concentration of
wealth issue will resolve itself without having to resort to class warfare.