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Why are anarchists targeting HSBC?

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Still haven't figured out who's going to pay for all those public sector jobs you want to create then....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Loanranger
    Loanranger Posts: 2,439 Forumite
    padington wrote: »
    You lot need some education, you're missing the big picture, the whole economic system in uneconomic. There is no relationship between economic success and resource sustainability. Its a failed system, quickly going financially and socially bankrupt. Watch this ...

    http://www.youtube.com/watch?v=4Z9WVZddH9w

    The idea that the youth protesting about it and even throwing paint and smashing a few windows is worse than the companies, governments and other fools that work to resist any changes of the redundant system is ludicrous.

    The difference is that the thugs throwing ammonia light bulbs and wrecking property are acting illegally.
  • Loanranger
    Loanranger Posts: 2,439 Forumite
    padington wrote: »
    What are you talking about ? The current economic system is the only thing that has been categorically debunked from many people, in many ways with huge amounts of proven evidence. The system rewards the demise of a healthy and diverse ecosystem for us to live in. Thats just plane stupid.

    I suppose you think that a system that fails to price the cost of its products is actually a wise one ?

    Should have tried harder at school.
  • ILW
    ILW Posts: 18,333 Forumite
    Still haven't figured out who's going to pay for all those public sector jobs you want to create then....

    The Government silly, everybody knows that.
  • padington
    padington Posts: 3,121 Forumite
    Loanranger wrote: »
    Should have tried harder at school.

    It was a play with words my man, keep up.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Loanranger
    Loanranger Posts: 2,439 Forumite
    Still haven't figured out who's going to pay for all those public sector jobs you want to create then....

    That's OK Hamish and why would you? The previous bunch who mismanaged the country's finances for 13 years couldn't figure it out either.
  • Loanranger
    Loanranger Posts: 2,439 Forumite
    padington wrote: »
    It was a play with words my man, keep up.

    If you say so ...
    :rotfl:
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    padington wrote: »
    I suppose you think that a system that fails to price the cost of its products is actually a wise one ?

    Seeing as you asked... If you are talking about externalities, I've mentioned I've had concerns before about the lack of pricing these in at a time of emergency (such as the BP oil spill). I've also talked about some of the peer reviewed Marxian perspectives on the failures of the capitalist system such as Ernst Mandel's Late Capitalism (not a perfect critique but a fair start that does genuinely raise interesting questions).

    I have never for one minute thought that capitalism is a perfect system, but for the moment it's the best we've got, the answers are complex and I'm not going to watch a YouTube video that plenty of other posters have already said is a waste of time.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • padington
    padington Posts: 3,121 Forumite
    So no one actually has anything of substance to counter the basic premise that the economy is uneconomical and is causing fragrant vandalism to our precious planet ?
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Ilya_Ilyich
    Ilya_Ilyich Posts: 569 Forumite
    edited 26 March 2011 at 11:32PM
    Still haven't figured out who's going to pay for all those public sector jobs you want to create then....

    If by 'pay for' you mean 'suffer a reduction in wealth from' then the very wealthy in particular and owners of corporations in general. Wages are a transfer of wealth from consumers to X, where X depends on the economic system. In an economy primarily driven by the private sector (such as ours), wages are decided in a manner that maximises the wealth transfer to company owners. This is why in strongly capitalist countries (such as ours and the USA) the richest portion of society tends to get richer while real wealth for the majority of the population either decreases at a much lower rate, stagnates, or decreases over time. The rich are primarily increased with increasing their relative wealth and thus have little or no interest in creating wealth (and thus increasing their absolute wealth) when it's easier or more efficient to simply increase their share.

    In an economy primarily driven by the public sector, wages can be allocated in a manner that prioritises a minimum 'acceptable' level of net wealth. Thus the X will be 'the consumers'.
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