Sometimes the 'invisible hand' gives you the middle finger.
A lot of people simply aren't being allowed to participate in this system because it requires people to have money in order to make money or get their business started. Just look at the great depression for example. Plenty of resources around, yet the factories remained closed. Even today we have an unemployment rate around 20% and growing in the USA. What kind of "social contract" is there when your only options are work or die?
@machwon The iron fist of inequality? The iron fist of structural classism to perpetuate one class over another? There's a reason why poor people tend to stay poor and rich people get richer and the 400 wealthiest Americans owns more than the 'lower' 150 million Americans put together. It's because capitalism is intrinsically flawed and corrupt, and these are the results and consequences. The fact a monopoly is the highest echelon one can reach within capitalism shows how corrupt it is.
@EndlessEndeavors1 That's not true. Poor almost never get poorer in states that have more liberalized markets. The poorest people today live better than kings 100 years ago. Poor people usually move to higher income brackets in later in life /watch?v=vDhcqua3_W8
Anti-caps are like creationists (in many respects other than this as well) because they don't actually see people moving around in income status, they assume it's static and want some kind of 'divine intervention' to make it better.
@machwon Whether or not a person is living better than a king is hardly relevant to anything. The fact that people aren't living at the highest standard possible is the point. I also doubt that the homeless families living on the street are living better than kings. Poor people do get poorer because poor people are often forced to take high interest loans and submit to massive amounts of debt just to survive.
It's called the american dream because you have to be asleep to believe in it
@EndlessEndeavors1 Most people who are homeless on the street are there because of mental illness or have drug abuse issues. Most "poor" people have apartments, pay bills and get food and clothing but can afford little else. People under the "poverty line" can even be better off than that.
If you take a loan, and you don't pay back that loan, it's mostly your fault and the government's fault for forcing banks to take your loan.
@machwon It's quite the opposite. Drug abuse, poverty, malnutrition, homelessness, depravity, social distortions, failed education, financial stress, neglected child care, and the like are shaped by peoples socioeconomic circumstances. It's statistically proven that not only do low income neighborhoods have lower quality schools, but the inhabitants often feel trapped in a cycle of poverty and oppression which most develops drug abuse and neurosis to cope with these experiences.
@machwon cliché has nothing to do with "useless", it's an expression that is common or used often. The 'american dream' is nothing more than a scam to keep the wage slave in line. You tell people that one day they too can become wealthy, yet this is not logically possible in this system. If everyone had money, the money itself would be abundant and hence devalued. Most people must submit to massive amounts of debt just to participate and they spend the rest of their lives paying it.
@machwon The system is really nothing more than a pyramid scheme. You have the majority of people who are impoverished, in debt at the foundation & the very few at the top who are truly benefiting from the system. It's quite fitting that the pyramid is on the dollar... Also, most people don't really have a choice when it comes to loans, because money is required in order to participate. A loan is a gamble that your circumstances throughout the time of the loan will allow you to repay it
@machwon Sounds more like you can't debate EndlessEndeavors1. Why not point out what's juvenile and myopic rather than say it is so as if you have an authority on the subject matter more than EndlessEndeavors1?
@LeFrancification I'm picking my battles, he's a demagogue who's only interested about feeling food about his position, not about pragmatic solutions.
Sometimes the 'invisible hand' gives you the middle finger.
A lot of people simply aren't being allowed to participate in this system because it requires people to have money in order to make money or get their business started. Just look at the great depression for example. Plenty of resources around, yet the factories remained closed. Even today we have an unemployment rate around 20% and growing in the USA. What kind of "social contract" is there when your only options are work or die?
EndlessEndeavors1 2 weeks ago
@EndlessEndeavors1 That's the iron fist at play, not the invisible hand.
machwon 2 weeks ago
@machwon The iron fist of inequality? The iron fist of structural classism to perpetuate one class over another? There's a reason why poor people tend to stay poor and rich people get richer and the 400 wealthiest Americans owns more than the 'lower' 150 million Americans put together. It's because capitalism is intrinsically flawed and corrupt, and these are the results and consequences. The fact a monopoly is the highest echelon one can reach within capitalism shows how corrupt it is.
EndlessEndeavors1 2 weeks ago
@EndlessEndeavors1 That's not true. Poor almost never get poorer in states that have more liberalized markets. The poorest people today live better than kings 100 years ago. Poor people usually move to higher income brackets in later in life /watch?v=vDhcqua3_W8
Anti-caps are like creationists (in many respects other than this as well) because they don't actually see people moving around in income status, they assume it's static and want some kind of 'divine intervention' to make it better.
machwon 2 weeks ago
@machwon Whether or not a person is living better than a king is hardly relevant to anything. The fact that people aren't living at the highest standard possible is the point. I also doubt that the homeless families living on the street are living better than kings. Poor people do get poorer because poor people are often forced to take high interest loans and submit to massive amounts of debt just to survive.
It's called the american dream because you have to be asleep to believe in it
EndlessEndeavors1 2 weeks ago
@EndlessEndeavors1 Most people who are homeless on the street are there because of mental illness or have drug abuse issues. Most "poor" people have apartments, pay bills and get food and clothing but can afford little else. People under the "poverty line" can even be better off than that.
If you take a loan, and you don't pay back that loan, it's mostly your fault and the government's fault for forcing banks to take your loan.
It's called a cliche because it's useless.
machwon 2 weeks ago
@machwon It's quite the opposite. Drug abuse, poverty, malnutrition, homelessness, depravity, social distortions, failed education, financial stress, neglected child care, and the like are shaped by peoples socioeconomic circumstances. It's statistically proven that not only do low income neighborhoods have lower quality schools, but the inhabitants often feel trapped in a cycle of poverty and oppression which most develops drug abuse and neurosis to cope with these experiences.
EndlessEndeavors1 2 weeks ago
@machwon cliché has nothing to do with "useless", it's an expression that is common or used often. The 'american dream' is nothing more than a scam to keep the wage slave in line. You tell people that one day they too can become wealthy, yet this is not logically possible in this system. If everyone had money, the money itself would be abundant and hence devalued. Most people must submit to massive amounts of debt just to participate and they spend the rest of their lives paying it.
EndlessEndeavors1 2 weeks ago
@machwon The system is really nothing more than a pyramid scheme. You have the majority of people who are impoverished, in debt at the foundation & the very few at the top who are truly benefiting from the system. It's quite fitting that the pyramid is on the dollar... Also, most people don't really have a choice when it comes to loans, because money is required in order to participate. A loan is a gamble that your circumstances throughout the time of the loan will allow you to repay it
EndlessEndeavors1 2 weeks ago
@EndlessEndeavors1
"The system is really nothing more than a pyramid scheme"
Yup.
Everything else you said is very juvenile and myopic, it's hardly worth addressing.
machwon 1 week ago
@machwon Sounds more like you can't debate EndlessEndeavors1. Why not point out what's juvenile and myopic rather than say it is so as if you have an authority on the subject matter more than EndlessEndeavors1?
LeFrancification 1 week ago
@LeFrancification I'm picking my battles, he's a demagogue who's only interested about feeling food about his position, not about pragmatic solutions.
machwon 1 week ago
John McMurtry knows nothing about the invisible hand, he has his hand in the taxpayers pocket through his gubmit job.
justintempler 5 months ago