Australian Politics Forum - Does Capitalism Exploit Workers?

Innocent bystander

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Re: Does Capitalism Exploit Workers?
Reply #315 - Nov 6^th, 2013 at 3:48pm

Vuk11 wrote on Nov 6^th, 2013 at 3:12pm:

BatteriesNotIncluded wrote on Nov 6^th, 2013 at 3:07pm:

VUk, in his first paragraph, argues the merits of anarchy Roll Eyes

what a tuff-guy Cheesy

Why do you always troll my posts in every thread?

I appreciate the attention but I just don't swing that way. Wink

I sent some of dead horses posts to an FBI profiler I know and he reckons that dead horse is a mildly retarded 13 year old with aspergers and ADD.

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BatteriesNotIncluded

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Re: Does Capitalism Exploit Workers?
Reply #316 - Nov 6^th, 2013 at 3:54pm

Innocent bystander wrote on Nov 6^th, 2013 at 3:48pm:

Vuk11 wrote on Nov 6^th, 2013 at 3:12pm:

BatteriesNotIncluded wrote on Nov 6^th, 2013 at 3:07pm:

VUk, in his first paragraph, argues the merits of anarchy Roll Eyes

what a tuff-guy Cheesy

Why do you always troll my posts in every thread?

I appreciate the attention but I just don't swing that way. Wink

I sent some of dead horses posts to an FBI profiler I know and he reckons that dead horse is a mildly retarded 13 year old with aspergers and ADD.

Watch out everyone, innocent knows people Cheesy

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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ImSpartacus2 Gold Member Offline Australian Politics Posts: 6913	Re: Does Capitalism Exploit Workers? Reply #317 - Nov 6^th, 2013 at 4:31pm Lord Herbert wrote on Nov 6^th, 2013 at 2:32pm: Even colony insects have their workers and their queens. Which are you? Tell you what, dogs lick their genitals in public and r!!t their mothers, why don't you model your life on them.
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ImSpartacus2

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Re: Does Capitalism Exploit Workers?
Reply #318 - Nov 6^th, 2013 at 4:47pm

Pantheon wrote on Nov 6^th, 2013 at 12:04pm:

ImSpartacus2 wrote on Nov 6^th, 2013 at 11:47am:

[quote author=Ahovking link=1383003074/287#287 date=1383697263]This!

Your adulation with pictures and quotes by that man is like hari Krishna worship. Really its embarrassing. Why don't you just argue your case. The fact that friedman might have said something or other at one time is neither here nor there. It doesn't make it anymore true because friedman said it. As a matter of fact in my estimation freidman usually tends to be wrong and that's because he allowed his ideology to drive his economic thinking and most have criticized him for bending the truth repeatedly to fit in with his Ayn Rand fanaticism.

BTW you have not responded to most of my post re your absurd scenario that the Government made the banks do it. You did reply that the Government made the Banks give out loans. And there we have it again trying to force a round peg to fit into your ideological square hole. Have you ever seen a bank in action during a housing boom. My wife and I bought our first home in a housing boom. The banks were going crazy with greed not only for the profit of signing us up for 30 years but also to increase their market share in the home lending sector. Not only did they not care weather we could repay or not (since insurance and the rigged foreclosure laws adequately protected them) they tried to talk us into borrowing more. And it was us who said no we wouldn't risk it. Yor claims of these innocent unsuspecting banks forced by the nose by the government to give loans reads like a nazi germany propaganda film with larger then life good guys (the banks) and nasty reprehensible villains (borrowers who understandably would have liked to buy a home, and the Government). Your ideology is blinding you to the truth and dehumanizing you, to side with the crooks against your community neighbors. Unregulated Banker's greed brought on the GFC and if you took off your ideological glasses you would see that as obvious. The did a lot of damage, destroyed a lot of lives and now you want to turn the blame on the government and the borrowers. And what a deceitful ploy it is to introduce that childish expression "lemon socialism". A slight of hand as if to say, sure we got greedy with capitalist fervor that drove the world to its knees but really it was

"socialism what done it"

. Just as Marx predicted Capitalists brought down capitalism in 2008 and they will keep doing it because they cant help themselves and one day the people will say enough is enough. This time were going to replace capitalism with something that works and is fair. Mark my words the longer you refuse to see the truth and look at this through your ideological glasses the sooner that day will come.

Post meme = worship Roll Eyes

You still haven't responded to my post Cool

The problem started with Government wanting every family to have a home and give banks incentives and at times forced banks to give loans to people who could never pay the banks back, the true value of these 'sub-prime loans' were then suppress and replace with an inflated value which was then sold off, no one know how risky these 'sub-prime loans' were and no one cared it was easy money back and guaranteed to be safe.

The housing market in the United States suffered greatly as many home owners who had taken out sub-prime loans found they were unable to meet their mortgage repayments. As the value of homes plummeted, the borrowers found themselves with negative equity. With a large number of borrowers defaulting on loans, banks were faced with a situation where the repossessed house and land was worth less on today’s market than the bank had loaned out originally. The banks had a liquidity crisis on their hands, and giving and obtaining loans became increasingly difficult as the fallout from the sub-prime lending bubble burst. This is commonly referred to as the credit crunch.

Socialism has failed time after time, in other 30 countries it has been tired and failed. Its less than a theory and more of a joke.

I did reply to this you just didn't like the answer. Basically what I said was that it's crap that the banks were made to loan money out to the impecunious lenders. The banks were greedy for the $$$ and market share and caused the crisis. Their greed causes the collapse of capitalism as Marx said it would and one day they will do it once too often and thankfully the people will demand a workable economic system that is fair. As for socialism not working that again is not true. Since the russian revolution capitalism has collapsed twice and since 2008 has been on the brink of collapsing again. The problem with capitalism is that it'd bad in theory and doesn't work in parctice and the sooner we ditch it the better. Planned enconomies have rescued more people from hunger and poverty then capitalism ever could (eg China, USSR). Capitalism on the other hand has put more people in poverty and huunger then any other eco system. it was the socialist countries that escaped the great depression virtually unscathed. These are facts you dont want to hear because it doesnt suit you. All we need now is a socialist economy with a genuine direct democracy and were good to go to.

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it_is_the_light

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Re: Does Capitalism Exploit Workers?
Reply #319 - Nov 6^th, 2013 at 5:00pm

blessings,

nek minute

http://www.theage.com.au/business/murdoch-wants-his-pound-of-flesh-20131105-2wzh...

Murdoch wants his pound of flesh
Date
November 6, 2013

Elizabeth Knight
Business columnist

Having been the largest single contributor to the election of Tony Abbott's Coalition government, Rupert Murdoch is looking for his reward, according to word around the industry. The Sun King - as he has been crowned - is said to have been talking to the freshly minted Canberra legislators about the possibility of acquiring the Ten Network.
The jungle drums say his agenda also includes discussion on the abolition of anti-siphoning laws restricting the ability of pay-television operator Foxtel to exclusively broadcast first-run premier sports events.
The lobbying is said to extend to the Foreign Investment Review Board (or at least its ultimate master, Treasurer Joe Hockey) and media regulator the Australian Communications and Media Authority.
The acquisition of Ten has long been speculated to be on Murdoch's wish list, but under the previous government the notion of doing News Corp any favours was fanciful. It would make perfect sense for Murdoch to revisit this lobbying under the Abbott regime.
Advertisement
Indeed, he was seated alongside Hockey and Communications Minister Malcolm Turnbull at the Lowy Institute gala dinner in Sydney last Thursday. Both the ministers, together with A-list business representatives, attended the function to hear Murdoch's lecture on his vision for Australia.
The trouble is that neither of these items would be easy for even the current government to resolve.
Let's take the acquisition of Ten. Under the current media and competition laws this scenario wouldn't pass muster. News Corp is the largest print operator in Australia with near total coverage of all major markets. Murdoch's son, Lachlan, who owns just under 10 per cent of the Ten Network, also owns DMG, a national radio network with stations in each capital city, and is a director of News Corp.
In two markets in particular - Brisbane and Adelaide, where News owns the major newspapers - the obstacles are even greater.

namaste

ॐ

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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯

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Postmodern Trendoid III Gold Member Offline Posts: 10266 Gender:	Re: Does Capitalism Exploit Workers? Reply #320 - Nov 6^th, 2013 at 5:00pm I didn't think there were still views around like Spartacus'. You learn something everyday.
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Innocent bystander Gold Member Offline Australian Politics Posts: 4220 Gender:	Re: Does Capitalism Exploit Workers? Reply #321 - Nov 6^th, 2013 at 5:41pm Postmodern Trendoid III wrote on Nov 6^th, 2013 at 5:00pm: I didn't think there were still views around like Spartacus'. You learn something everyday. I wouldn't call it a "view", more like a mental illness.
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Postmodern Trendoid III

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Re: Does Capitalism Exploit Workers?
Reply #322 - Nov 6^th, 2013 at 5:43pm

Innocent bystander wrote on Nov 6^th, 2013 at 5:41pm:

Postmodern Trendoid III wrote on Nov 6^th, 2013 at 5:00pm:

I didn't think there were still views around like Spartacus'.
You learn something everyday.

I wouldn't call it a "view", more like a mental illness. Wink

It's a bit hard to tell if he's taking the piss or serious.

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Grey Gold Member Offline Australian Politics Posts: 5341 Gender:	Re: Does Capitalism Exploit Workers? Reply #323 - Nov 6^th, 2013 at 6:18pm Postmodern Trendoid III wrote on Nov 6^th, 2013 at 5:00pm: I didn't think there were still views around like Spartacus'. You learn something everyday. NO, I am Spartacus.
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Vuk11

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Re: Does Capitalism Exploit Workers?
Reply #324 - Nov 6^th, 2013 at 6:20pm

ImSpartacus2 wrote on Nov 6^th, 2013 at 4:47pm:

The problem with capitalism is that it'd bad in theory and doesn't work in parctice and the sooner we ditch it the better. Planned enconomies have rescued more people from hunger and poverty then capitalism ever could (eg China, USSR). Capitalism on the other hand has put more people in poverty and huunger then any other eco system. it was the socialist countries that escaped the great depression virtually unscathed. These are facts you dont want to hear because it doesnt suit you. All we need now is a socialist economy with a genuine direct democracy and were good to go to.

Could you um....substantiate all those claims with some logic and evidence I'm really interested how you came to those conclusions. Do you deny the problems with socialism and why they borrow so much from capitalism in China etc?

How China Became Capitalist
http://www.cato.org/policy-report/januaryfebruary-2013/how-china-became-capitali...

Quote:

Against conventional wisdom, we take the end of 1976 as the start of post-Mao reform and argue that China basically became a market economy by the end of the 90s before it joined the World Trade Organization in 2001. In the new millennium, the Chinese economy has kept its growth momentum and become more integrated with the global economy. As an account of how China became capitalist, our book focuses mainly on the first two decades of reform. Within this time frame, our account is split into two parts by a dividing event, the 1989 Student Movement.

Quote:

The combination of rapid economic liberalization and seemingly unchanged politics has led many to characterize China’s market economy as state-led, authoritarian capitalism, which many people have rightly recognized as fragile and unsustainable.

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Chimp_Logic

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Re: Does Capitalism Exploit Workers?
Reply #325 - Nov 6^th, 2013 at 7:33pm

Vuk11 wrote on Nov 6^th, 2013 at 1:56pm:

"Capitalism is a system in which the central institutions of society are in principle under autocratic control."

Personally I'm for free choice over democracy which is a form of coercion by the many..

The room is starting to DRAG OUT what you really stand for vuk11

And WE ALL KNOW what you mean by free choice don't we ladies and gentlemen.

the choice for a slave to choose their master

the free will to choose between a collection of tyrannical corporatized fascist employers.

Yes vuk11, must have loved WORK CHOICES

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Mini Ice Age (2014-2029)
Dr Sircus cures cancer with Baking Soda and Magnesium - Jethro the MENTAL GIANT & his flute madness

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Vuk11 Gold Member Offline Australian Politics Posts: 1797 QLD Gender:	Re: Does Capitalism Exploit Workers? Reply #326 - Nov 6^th, 2013 at 7:44pm Chimp_Logic wrote on Nov 6^th, 2013 at 7:33pm: The room is starting to DRAG OUT what you really stand for vuk11 I make no attempt to hide what I stand for: Everyone's inherent need to live free from violent coercion. Shhh chimp no tears, only dreams now.
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Chimp_Logic Gold Member Offline πολιτικός Posts: 4826 Mawson Base Gender:	Re: Does Capitalism Exploit Workers? Reply #327 - Nov 6^th, 2013 at 7:45pm Surely the great Galbraith cant be wrong on this one? vuk11 and the Magnificent Ahovking must be running for cover at the moment - the pressure of fascism is building upon their pathetic stench immersed carcasses
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Chimp_Logic

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Re: Does Capitalism Exploit Workers?
Reply #328 - Nov 6^th, 2013 at 7:49pm

Vuk11 wrote on Nov 6^th, 2013 at 7:44pm:

Chimp_Logic wrote on Nov 6^th, 2013 at 7:33pm:

The room is starting to DRAG OUT what you really stand for vuk11

I make no attempt to hide what I stand for: Everyone's inherent need to live free from violent coercion.

.

you support fascism and you don't even realise it

Your love for Big Brother is riddled with the stench of your own delusional slave based surrender

Now read once again, from the enlightened ones. the ones who expose you

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Mini Ice Age (2014-2029)
Dr Sircus cures cancer with Baking Soda and Magnesium - Jethro the MENTAL GIANT & his flute madness

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Vuk11

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Re: Does Capitalism Exploit Workers?
Reply #329 - Nov 6^th, 2013 at 7:51pm

Haha, did he just say communism isn't exploitative?
Or is he saying that the opposite of man exploiting man is man exploiting man? In that case there's no point saying it.

I find it interesting people can't find any real flaws (I know of two myself) in free market capitalism, they have to resort to pointing out flaws in the current corporate fascist system and label it capitalism.

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Poll
Question: Does Capitalism Exploit Workers?
Yes, ofcause. 18 (72.0%) No, it doesnt 7 (28.0%) Total votes: 25 « Created by: Pantheon on: Oct 29^th, 2013 at 9:31am »