Are you kidding? When have the wealthy ever gotten some sort of comeuppance by
the poor? It is generally the other way around and has been that way since
mankind learned to count money.
From: "Bhairitu [email protected] [FairfieldLife]"
<[email protected]>
To: [email protected]
Sent: Thursday, June 11, 2015 12:05 PM
Subject: Re: [FairfieldLife] Re: Another billionaire who "gets it"
The economies of the world are sideways and out of whack. They are
inequitable and history says that will change. Those who accumulate too much
wealth and try to rule never learn so the public will need to teach them again.
On 06/11/2015 03:46 AM, [email protected] [FairfieldLife] wrote:
The paradox of charity, also known as the Samaritan's
paradox was first explained by James Buchanan.
https://fee.org/freeman/detail/the-paradox-of-public-assistance
'Centralized state socialism' leads to monopoly.
'Centralized state capitalism' leads to oligopoly.
'De-centralized non-state capitalism' is the only system
that allows true free market competition. It ensures that
those with merit reach the top.
'De-centralized non-state socialism' works only on the level
of local community. It fails to work across large
geographical distances.
True socialism is not distributing wealth among people. True
socialism is ensuring equal opportunities for all, for their
education, progress and success.
True capitalism is ensuring those with merit reach the top.
The starting point is egalitarianism, the finishing point is
meritocracy.
--- <noozguru@...> wrote :
What's wrong with less concentrated wealth? Do you believe in "special
people" or something?
On 06/09/2015 06:32 AM, jason_green2@... [FairfieldLife] wrote:
There are basicaly two types of socialist policies.
'Pro-investment socialist policies', and 'Pro-consumption
socialist policies'.
'Pro-investment socialist policies' create a return greater
than the money put in it. For example, improved
infrastructure benefits everyone down to the lowest
blue-coller worker. For instance, Gen. Colin Powel in an
interview said he didn't spend a cent on his college
education. It's an one time investment by the government and
the returns that benefit the country are greater in the long
term.
'Pro-consumption socialist policies' are dangerous. They
drain the treasury and bankrupt the country. You saw that in
argentina where they simply distributed things to people, in
the form of freebies and populist policies. The country
became bankrupt and the military took over.
You know the routine. Socialism is the good cop, capitalism
is the bad cop. You need both to run the show.
Both, Marx and Market got it wrong.
This is what economic commentator Gurumurthy has to say on
this, Quote
"BothSocialists and capitalists were wrong in thinking that
big was fitter to survive and small had no chance. It proved
that actually it was the other way round.Whether it is the
free market US or the Socialist market China, it is small
businesses that produce most jobs and sustain the economy.
Now, see how Socialist theories destroyed family farms and
tiny businesses.
Chayanov Right, not Lenin
In Russia and and China, which nearly fully Socialised their
economies, those at the base of the pyramid were robbed of
their economic activities. To illustrate, farm families lost
their lands and self-employed, their jobs. Both were given
government jobs. In Russia! , Alexander Chayanov, a sensible
Socialist, who argued family farming was more efficient and
economic and protested against Socialising it, was first
incarcerated by Lenin and finally shot dead by Stalin.
Chayanov regarded family economics as distinct and different
from both capitalist and Socialist. Several decades after
Chayanov's death many economic thinkers of the world now see
how right he was and how wrong both Socialist and capitalist
economists were.
While Socialist Russia had collectivised 80 per cent of its
agrarian economy, in de-socialised Russia now, Dacha
(household) gardens account for just 3 per cent of arable
land, but grow an astounding 50 per cent by value of the
food eaten by Russians. Government statistics (2000)say 35
million plus families (71 per cent of Russia's population)
engage in Dacha gardening which provide 92 per cent of
Russia's potato, 77 per cent of vegetables, 87 per cent of
berries and fruits, 59 per cent of meat and 49 per cent of
milk. This is neither Socialist nor capitalist. Just family
economics." unquote
--- <noozguru@...> wrote :
BillionaireCartier Owner Sees Wealth Gap Fueling Social Unrest
http://www.bloomberg.com/news/articles/2015-06-08/billionaire-cartier-owner-sees-wealth-gap-fueling-social-unrest
I suppose there will be some here who see this as "Marxist Claptrap". :-D
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