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would anyone like to discuss the meaning of the following statement?

123457»

Comments

  • TruckerT
    TruckerT Posts: 1,714 Forumite
    CLAPTON wrote: »
    Indeed so and it illustrates the superiority of the (semi) capitalistic model compared to the communistic model.

    Under the (semi) capitalistic system workers became much better off; under the socialistic system they went to the gulags and starvation.

    But it could so easily have gone the other way - and we still remain far from secure in our comfortable capitalist lifestyle.

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    TruckerT wrote: »
    But it could so easily have gone the other way - and we still remain far from secure in our comfortable capitalist lifestyle.

    TruckerT


    another negative post

    so capitalism has proved to be better; but who knows things may get worse?
  • TruckerT
    TruckerT Posts: 1,714 Forumite
    CLAPTON wrote: »
    another negative post

    so capitalism has proved to be better; but who knows things may get worse?

    so long as we have COBRA and a well-prepared police service, we can hope for the best

    but the police service is also facing cuts....

    TruckerT
    According to Clapton, I am a totally ignorant idiot.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    Less bills and taxes to pay for said services.
    Is this good? I can't see the advantage of having more money because there's less to spend it on. It's not an end in itself, and you can't do anything else with it.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    TruckerT wrote: »
    so long as we have COBRA and a well-prepared police service, we can hope for the best

    but the police service is also facing cuts....

    TruckerT



    very funny
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    pqrdef wrote: »
    Is this good? I can't see the advantage of having more money because there's less to spend it on. It's not an end in itself, and you can't do anything else with it.

    It was really the net effect.

    We earn a lot more but we also have to consume and pay for a lot more to keep the wheel spinning. If net you aren't much better off but working a lot harder to keep their is that good. Better than not being able to work at all of course.

    I agree that extra money in itself is pointless if you have nothing to do with it. Funny how some people seem so desperate to attain that status at the expense of others.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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