Keyboard Warrior Hits The Road....

TruckerT

TruckerT wrote: »

The first half of the 20th century was a period of massive worldwide upheaval, including the introduction of Communism and the birth of the Labour Party/Trade Union movement

Get my drift?

TruckerT

According to Channel4 news just now, Angela Merkel today warned that another 50 years of European peace is 'not necessarily a given'

TruckerT

ILW

TruckerT wrote: »

According to Channel4 news just now, Angela Merkel today warned that another 50 years of European peace is 'not necessarily a given'

TruckerT

many moderate Germans are feeling very peeved at what they see as their money being given to Greeks who appear to be living a better lifestyle (retirement age, pensions etc) than most Germans. The right wing parties are beginning to gain traction and an extreme right wing Germany could be pretty scary.

JonnyBravo

So where's your report on the protest Trucker?

What's "going down in the hood"?

TruckerT

JonnyBravo wrote: »

So where's your report on the protest Trucker?

What's "going down in the hood"?

you need to go back about 100 posts in this thread

TruckerT

ILW

JonnyBravo wrote: »

So where's your report on the protest Trucker?

What's "going down in the hood"?

The high point was a bacon roll.

sabretoothtigger

ReasonTV do a report on a millionaire stockbroker going to Occupy Wallstreet - http://www.youtube.com/watch?v=UGL-Ex1CD1c


Surprised he came out alive :laugh: Any red braces types gone to speak in London ?

Road_Hog

Some people seem confused. We no longer have a capitalist system, we now have a corporatist system and that is where it has gone wrong.

Capitalism is what we had in the 50, 60, 70, 80 and '90s. Capitalism made everyone better off, it meant house ownership for many, rising wages, better standard of living, new cars, holidays, company pension schemes.

Yes, the people at the top always were better off, but there was a trickle down effect and the majority of people were happy because there were sharing in the wealth created.

Corporatism doesn't do trickle down, it keeps everything, in fact it wants more. Shift factories abroad and make more money, do it, bring in third world and cheap Eastern European labour, do it, drive down wages and conditions. No attachment to the country or the surrounding community that many of the national firms used to have. Because of this, people are now becoming worse off, poorer in real terms.

The rich are getting richer and the poor are getting poorer.

"Right now, there is a lot of talk about the evils of "capitalism". But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more accurately described as "corporatism". Under corporatism, most wealth and power is concentrated in the hands of giant corporations and big government is used as a tool by these corporations to consolidate wealth and power even further. In a corporatist system, the wealth and power of individuals and small businesses is dwarfed by the overwhelming dominance of the corporations. Eventually, the corporations end up owning almost everything and they end up dominating nearly every aspect of society. As you will see below, this very accurately describes the United States of America today. Corporatism is killing this country, and it is not what our founding fathers intended.

Corporatism is actually not too different from socialism or communism. They are all "collectivist" economic systems. Under corporatism, wealth and power are even more highly concentrated than they are under socialism or communism, and the truth is that none of them are "egalitarian" economic systems. Under all collectivist systems, a small elite almost always enjoys most of the benefits while most of the rest of the population suffers.

The Occupy Wall Street protesters realize that our economic system is fundamentally unjust in many ways, but the problem is that most of them want to trade one form of collectivism for another."

sabretoothtigger

Whose that a quote from


The power given to companies comes from government regulations. Subsidy can be destructive.

The main shame about the protests is that would need to grasp something ironic in the situation and alot of what government does is populist but not actually helpful to capitalism

People wont object to free money and low rates but they might object when their savings become worth less and the prices rise faster then their wages.
If the two are both sides of the same coin, who is going to win that argument. Its likely some violence will occur and nothing will be solved because people wont like the hard solution

Every question on a market needs to ask, What if I buy and What if I sell. You need to help both or it is destructive to the market and then it wont help jobs. I think most people just want to earn an honest days pay, so in that way their protest is correct

Butterfly_Brain

Firstly it seems that all the hoo ha is that the camp is outside St Paul's instead of the financial district, this is because the Metropolitan Stazi who take their orders from a bunch of Corporate millionaires who sit in parliament, have been ordered to stop them entering.
There is no such thing as free speech, everyone on that protest has had their photos taken and will most likey be marked as dissidents on MI5's data bank.

News today is that Corporate bosses have awarded themselves a 49% pay rise but their staff have either had a pay freeze or rises less than inflation.
http://www.express.co.uk/posts/view/280185/49-pay-rise-for-Britain-s-top-bosses

So the rich fat ba****d's get richer and fatter and the workers get ground down even more. That is what the protest should truly be about.

IronWolf

Who are the "rich" who seem to get referred to by socialists as benefitting from the profits of corporations? I'm struggling to find them, is there just one group of people that can somehow siphon off profits from companies without anyone being the wiser?

Apart from board members, of which there are maybe 500 out of 70 billion people, noone can take profits out of companies at their own will unless they own them. And the biggest companies in the world are publicly listed, so anyone can own them and share in the profits.

The beauty of capitalism and the free market, is that anyone can share in the profits of corporation. If some "greedy" corporation was ripping off customers and making huge profits, then the beauty of capitalism is that someone else can come along and set up a company, and undercut their price, to the benefit of the customer. OR you can just buy shares in said company and take your slice of the profits.

For all those that complain about corporate greed and profits, why dont you just get off your behind and buy some shares? If enough of you do this, then you can actively influence how a company is run, the shareholders choose the board.