TheCentralScrutinizer wrote:
Disco Boy wrote:
Dude, if Bernie Sanders were elected President Of The United States Of America, since he wants to raise the minimum wage to $15 p/h (Walmart can't even afford an average wage of $15 p/h!) and tax many businesses over 90%, that would UTTERLY DESTROY the private sector, especially since it's already on its last legs.
The above article is correct. STOP being so fucking stupid.
I have an honours degree in politics so I don't need lessons on politics...
Yes, you do. Especially since most academic study nowadays is heavily left-wing bias.
TheCentralScrutinizer wrote:
The minimum wage in the UK just now is about £7.95 which is around 11-12 US dollars. If America is the richest country in the world and Britain the 4th richest, how come Britain can pay more of a minimum wage? By the way, our minimum wage is going up to £9 per hour in 2018 and right now, anyone who earns below £9,000 a year doesn't have to pay tax on their earnings. So if poorer countries can do it then the USA surely can, it's simply about how evenly you would like the nation's wealth distributed.
And that's one of the many reasons why the UK and most of Europe are FAR worse off than North America is right now, genius.
TheCentralScrutinizer wrote:
Do you like the fact a handful of powerful white men own almost all the wealth in the USA?
Of course not. My politics are primarily Libertarian and the belief in free-er markets - which would diminish the top 1%'s profit margins since there would be more competition, not increase them. You don't even need to get into the economics of it, since basic arithmetic proves that.
TheCentralScrutinizer wrote:
My honours dissertation was on neoliberalism and globalisation. A huge chunk of it was to do with the decline of egalitarian principles, so I know what I'm talking about whether you agree or not.
Unfortunately, you do NOT.
TheCentralScrutinizer wrote:
A person can only understand a situation to their own level of perception, they have an inability to see beyond that and this is quite simply the problem you have.
I also use academic journals to get my information, not right wing websites.
You mean you use left-wing bias journals to get your information.
TheCentralScrutinizer wrote:
With regards to the capitalist economy in the USA being on its last legs, the reason for this is that they believe capitalism works itself. This is an easily checkable fact for you - the most wealthy period in modern history where almost everyone had a job was the era from 1950 to 1973 and was known as the golden era of economics. This was a time when governments spent big on infrastructure and invested in jobs so that people could work, it was Keynesian economics and it was introduced because they knew that it was the laissez-faire liberalism of the 19th century which led to the first world war. The unfettered wealth of the few, left the masses in poverty and we ended up with two world wars as a result.
This is the system you are saying will fix America and you sir, are an idiot for saying so. Do you realise, this is the fascist theocracy Zappa warned about?
Bullshit.
Dude, first of all, a laissez-faire economy has technically NEVER existed. Even a mostly Libertarian-minded person like myself would even agree there would have to be SOME regulatory activity economically. And secondly, there are MORE left-wing policies (over-regulations, taxations, rules, red tape, etc.) in the system than EVER. So how could what you're saying be true?! It is in fact Keynesianism itself that is partly responsible (as well as the Federal Reserve, the top 1% bankers & left-wing bailout policies, etc.) for the economic meltdown of the past several years. Don't believe me? Look at what it did to the Zimbabwean, Greek, Spanish & Cyprus currencies. And the USD is probably next. You simply cannot over-borrow, over-spend, over-print and go into MASSIVE debt without their being SEVERE economic issues. Common sense tells us that.
TheCentralScrutinizer wrote:
So, in your own words, stop being so fucking stupid.
You've got a LOT to learn, junior.
Lastly, apart from De Beers Diamond Company, ALL monopolies that have occurred throughout world history, have been through over-regulatory activities, taxations, rules, red tape, etc. In other words, it's the Government that is HELPING the top 1% gain control and to create a larger wealth divide than would otherwise be, by allowing the top 1% to hire lobbyists to write regulations, in order to push out other competitors, and in turn that makes the top 1%'s pie LARGER. THAT is how they're doing it. Wake up!
And Frank Zappa would agree.
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