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Question: Does Capitalism Exploit Workers?

Yes, ofcause.    
  18 (72.0%)
No, it doesnt    
  7 (28.0%)




Total votes: 25
« Created by: Pantheon on: Oct 29th, 2013 at 9:31am »

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Does Capitalism Exploit Workers? (Read 59559 times)
ImSpartacus2
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Re: Does Capitalism Exploit Workers?
Reply #375 - Nov 7th, 2013 at 6:35pm
 
Pantheon wrote on Nov 7th, 2013 at 11:11am:
your biggest problem is that you only read propaganda sites designed to shape your mind in one direction.  That's why you say such absurd things like "The poor bankers were forced to throw the world into the GFC.   You and a lot of your country men and women suffered because of the GFC and will continue to suffer but they have trained you to make excuses for them and shed a tear for them for the despicable thing they did. Its pathetic really . 


Sites? how about lectures, textbooks and second and first had sources!

Yes I know the ones you mean. The kind the Jehovah witness deliver at your door for consumption by the faithful and the gullible


ImSpartacus2 wrote on Nov 7th, 2013 at 9:41am:
Pantheon wrote on Nov 7th, 2013 at 8:30am:
Quote:
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. 


your ignoring that facts.



Your making up the facts!!!!


Lol you wish

Educate yourself..

Overdose: The Next Financial Crisis


The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. When it all went wrong the government promised the biggest financial stimulus packages in history and gargantuan bailouts. But what crazed logic is that: propping up debt with more debt? "They're giving alcohol to a drunk: it just sets him up for a bigger hangover." [/quote]

And since you lost the argument about how the poor bankers were forced to cause the GFC you thought you would sneakily change of subject and hope no one would notice.  The stimulus is a different issue and came after the greedy bankers caused the problem and was done to resurrect dead capitalism before anyone got any ideas about replacing it with something that worked and was fair.  Thats not to say that the bankers are not to blame also for the stimulus because of course they are. it was done to fix their problem. And of course that means that they are responsible for a huge chunk of the US debt that the same bankers are screaming should be reigned in.  Ohh they are brazen alright and totally lacking in self respect and morals. 

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ImSpartacus2
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Re: Does Capitalism Exploit Workers?
Reply #376 - Nov 7th, 2013 at 7:06pm
 
Pantheon wrote on Nov 7th, 2013 at 11:25am:
Chimp_Logic wrote on Nov 7th, 2013 at 11:18am:
Pantheon wrote on Nov 7th, 2013 at 11:11am:
Chimp_Logic wrote on Nov 7th, 2013 at 9:11am:
Pantheon wrote on Nov 7th, 2013 at 9:05am:
Setanta wrote on Nov 7th, 2013 at 8:52am:
Pantheon wrote on Nov 7th, 2013 at 8:30am:
[i]In 1990, there were more than 2 billion people throughout the globe living under the international poverty line of $1.25 a day. By 2010, 1 billion of those people had risen out of poverty! This is an example of the positive impact economic freedom has on the world.


So those 1 billion not in poverty now get $1.26 a a day after 20 years and they're not in poverty any more? If someone was getting $50 a week in Au, is that not living in poverty?

You don't see that the "international poverty line" is arbitrary bull? Talk about stacking the deck.


1 billion not in poverty now because their [b]income has increase to the point they are no longer in 'poverty
'

In international terms if you live in AUS living on $50 No your not living in 'poverty' and if you don't like it take it up with the UN  Cool, plus where is he getting the $50 from?

The point was that the wealth of the poor and needy is growing under capitalism as it has always done.


as usual - factually incorrect and standard capitalist dogma.

How deep was this delusional viewpoint rammed into your skull Ahovking?


Would you like to provide evidence to disprove my claim..


How can you make a claim about something you can't even define properly and honestly?



do you mean Capitalism?

Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.

Under capitalism the state is separated from economics (production and trade), just like the state is separated from religion.

What is the purpose of government under capitalism?

It is to protect rights that governments are instituted. A proper government’s only responsibility is to protect the rights of the individual, by banning the initiation of force, thus making all relations between men peaceful, i.e., free from the threat of violence and fraud.

In a political context, freedom has only one specific meaning — freedom from the initiation of force by other men. By initiation I mean those who start the use of force to achieve their ends, i.e., a bank robber. Only the initiation of force against a man can stop his mind, thus rendering it useless as a means of survival. Only by the initiation of force can a man be: prevented from speaking, or robbed of his possessions, or murdered. Only through the initiation of force can a man’s rights be violated.


In most cases capitalism does its worst harm to people without the use of force but through fraud, deceit, power imbalance, false advertising, price fixing, wage etc. Are you saying that in your ideal system there will be laws to stop and punish all this? 

Also let me ask you these 2 questions about the morals and the laws of your ideal system.  Lets say I buy a property specifically to do fracking entirely within the boundaries of my property.  Lets say i have done studies and i know that my fracking operation will pollute the water table for say 50 miles all round and make the town water with 50,000 inhabitants undrinkable. And that thereafter, for the town to survive, it will be necessary for the inhabitants to truck in water at huge prices.  Now i know all that but I personally stand to make huge bucks out of my fracking operation.  What is the moral position in your new system.  Is this guy morally right to choose to proceed with the fracking operation.  And (2) will there be any laws to stop him or not and if so describe the laws.  These are genuine questions.  I really dont know what you are going to say.
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Chimp_Logic
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Re: Does Capitalism Exploit Workers?
Reply #377 - Nov 7th, 2013 at 7:37pm
 
ImSpartacus2 wrote on Nov 7th, 2013 at 6:15pm:
What garbage.  All assertion and no facts.  Simple stupid baseless statements totally contrary to what we have all seen played out in out life times. Go sue Tepco for Fukushima and tell me how that fixes the environmental damage they have done.  Externalities mate.  Pass on our filth for everyone else to deal with while we count our money. 


excellent point there Spartacus

TEPCO is a very good example of how extreme externalities function in this fascist corporatized capitalist regime.

TEPCO ended up being nationalised and is currently OWNED by the Japanese government? WHy?

Just few weeks ago there was plans to break up TEPCO into smaller corporate segments. Let me guess - the fund sapping FUKUSHIMA disaster clean up costs will be socialised and separated from the other profitable parts of the TEPCO business.

Last financial quarter the other TEPCO operations produced a 1 billion dollar profit. The expected cost of the Fukushima clean up is about 1/2 trillion dollars (US) over a period of 40 years

And of course there is NO known method of actually cleaning this ongoing mess up.

A Japanese nuclear engineer only just came out and declared that it will be almost impossible to recover and remove the 3 melted down coriums from the ground. They will need to erect another concrete sarcophagus like they did in Chernobyl (currently crumbling and needing replacement.)

Socialise the costs and risks, privatise and corporatize the profits and power. This is the corporatized capitalist way for the big end of town and the banking cartel which is a global criminal syndicate.

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ImSpartacus2
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Re: Does Capitalism Exploit Workers?
Reply #378 - Nov 7th, 2013 at 7:40pm
 
Vuk11 wrote on Nov 7th, 2013 at 12:15pm:
I've got about 4 replies I'm currently writing but I'm a bit busy at the moment so have a little patience. In the mean time could I ask you guys to clarify a few terms so we are on the same page.


Value - Subjective or not? Agree or disagree?

Money - Do you guys understand the three things money represents? Scarcity, Subjective value, resource/time/energy/labour costs. Agree or disagree?

Theft - Immoral or not (there is obviously a grey area in all ideas such as someone starving stealing an apple to live etc)

Threatening people with violence to get them to do what you want involuntarily - Moral or Immoral? I say Immoral agree or disagree?

Corporations - State created state mandated state subsidized state given special privileges, limited liability, bias court system that favours the rich. Agree or disagree?

Federal Reserve Fiat/Fractional reserve banking - US government handed the control of the monetary supply to a single entity the federal reserve, no other entity may control the money supply, no competing american currency is allowed only US dollars are legal tender etc, so federal reserve is state created and competition in banking is restricted. Agree or disagree?

Current system - Current system is NOT free market capitalism, what are we going to label it? So far I'm getting crony corporate fascism will that suffice when referring to the current system? Agree/Disagree? (We need to distinguish the differences between the current system and free market capitalism to have a clear debate)

Property - Do you agree with the capitalist definition of property that you own yourself, your actions, the effects of your actions and can therefore voluntarily acquire land, factories, houses, toys, lawn mower etc or do you go with the socialist view of Private property VS Possessions? IE you can own a tooth brush but you can't own vacant land or a means of production that other people use ie employees? (If you go with the socialist view I'd like to pick two bones with you Smiley )

Anyways I'll get those replies done when I've got some more time.

EDIT: Also if you wouldn't mind just for clarification, what ideology or view you have? There's this miscommunication where I'm being accused of defending the current system and vice versa. Would I be correct in saying that we have three views atm: Free market capitalism being held to scrutiny, the current sytem (see above) and what ever view/ideology you guys hold?

So in a conversation I can note who is defending the current system and who has a different view so we can see the clear three way in a particular conversation. Cheers.



Yeah right!!!

Hey Igot one for you.  Define anarchy.  Hehehehe Give Grey a call I'm sure he'll have a million of them for ya.
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ImSpartacus2
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Re: Does Capitalism Exploit Workers?
Reply #379 - Nov 7th, 2013 at 7:43pm
 
Vuk11 wrote on Nov 7th, 2013 at 12:15pm:
EDIT: Also if you wouldn't mind just for clarification, what ideology or view you have? There's this miscommunication where I'm being accused of defending the current system and vice versa. Would I be correct in saying that we have three views atm: Free market capitalism being held to scrutiny, the current sytem (see above) and what ever view/ideology you guys hold?

So in a conversation I can note who is defending the current system and who has a different view so we can see the clear three way in a particular conversation. Cheers.


Hey, yeah and do a chart with different colours for the different views and the different people espousing them. 
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Re: Does Capitalism Exploit Workers?
Reply #380 - Nov 7th, 2013 at 7:48pm
 
ImSpartacus2 wrote on Nov 7th, 2013 at 7:06pm:
In most cases capitalism does its worst harm to people without the use of force but through fraud, deceit, power imbalance, false advertising, price fixing, wage etc. Are you saying that in your ideal system there will be laws to stop and punish all this? 

Also let me ask you these 2 questions about the morals and the laws of your ideal system.  Lets say I buy a property specifically to do fracking entirely within the boundaries of my property.  Lets say i have done studies and i know that my fracking operation will pollute the water table for say 50 miles all round and make the town water with 50,000 inhabitants undrinkable. And that thereafter, for the town to survive, it will be necessary for the inhabitants to truck in water at huge prices.  Now i know all that but I personally stand to make huge bucks out of my fracking operation.  What is the moral position in your new system.  Is this guy morally right to choose to proceed with the fracking operation.  And (2) will there be any laws to stop him or not and if so describe the laws.  These are genuine questions.  I really dont know what you are going to say.   


You must assume there are no laws in Ahovking's position. There should be no government according to him(anarcho-capitalism!?) or if he thinks there should be he has dropped it from his talking points. He seems to see capitalism as a political system, not a bad bad government/assembly representing the people political system but a cuddly, people and world hugging, teddybear political system.

What he doesn't seem to understand is that there will always be politics, it's part of society and society depends on it more than capitalism, it's why tribes still have it but not capitalism. It's what form that politics takes and what economic system that should realistically be talked about because one without the other will never happen. My view is that markets and capitalism heavily regulated by a polity of the people, the wealth should benefit and be shared by the people of said polity.
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Re: Does Capitalism Exploit Workers?
Reply #381 - Nov 7th, 2013 at 7:57pm
 
Vuk11 wrote on Nov 7th, 2013 at 1:16pm:
The above is a violation of both the non-aggression principle and property rights, non of which are to do with capitalism but more to do with coercive monopolies using violence to rule over others.

Good to see you've turned to appeals to emotions rather than logic though. Perhaps you should change your name to Chimp_emotion? Just a suggestion.


This is simplistic condescending cr@p (tell the cato institute to stop treating us like children). What about deceit, fraud, non violent coercion. power imbalance, insider trading. What is he allowed or not allowed to do in respect of any of those. Heres one I'm interested in.  In your ideal system could the capitalist who sees a competitor enter his particular market over which the capitalist has a monopoly (but for this new entrant) and dramatically lower his prices with the specific intention of breaking the new entrants business and then after the new entrant has left the capitalist increase his prices again and a tad higher for that period of lower profits due to killing off his rival.  Is all that permissible under your ideal system.  A simple yes or no answer would be nice.   
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Re: Does Capitalism Exploit Workers?
Reply #382 - Nov 7th, 2013 at 8:00pm
 
ImSpartacus2 wrote on Nov 7th, 2013 at 7:40pm:
Yeah right!!!

Hey Igot one for you.  Define anarchy.  Hehehehe Give Grey a call I'm sure he'll have a million of them for ya. 


If you want people to reply and debate you we have to come to some common ground on terms. I can't let you guys keep misrepresenting us and lumping us in with corporations it's getting ridiculous.

I would prefer to start again, define some terms to begin with and we can have some discussion throw some questions back and forth, hold some ideas up to scrutiny and actually have a meaningful discussion.

You've post a great many misunderstandings that I for one would like to clear up but I'm not going to waste my time doing more long winded replies if people aren't even going to read them and come to the table.

You're question about pollution is interesting, the article I linked a few times has a section on that and there's a couple of things I'd like to add onto it. Again though before anyone talks about pollution we have to agree that the current system hasn't dealt with it and never really has properly.
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Re: Does Capitalism Exploit Workers?
Reply #383 - Nov 7th, 2013 at 8:04pm
 
Pantheon wrote on Nov 7th, 2013 at 3:02pm:
Chimp_Logic wrote on Nov 7th, 2013 at 1:20pm:
This is what they defend because of their indoctrination, bigotry, ignorance and elitist arrogant racism


Vuk11 is right The images are a violation of both the non-aggression principle and property rights, non of which are to do with capitalism but more to do with coercive monopolies using violence to rule over others.

Your ignorance is typical of socialists and could be the reason why while capitalist system have been so successful, socialist system have failed one after the other.

Your seeing a hen (Corporatism or Cronyism) and calling it a duck (Capitalism), they are two different systems.


Your avoiding the question (typical capitalist) What about where non violence is used.  deceit fraud, misrepresentation, lying, trickery.  Whats your position on those things?
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Re: Does Capitalism Exploit Workers?
Reply #384 - Nov 7th, 2013 at 8:09pm
 
Pantheon wrote on Nov 7th, 2013 at 3:02pm:
Chimp_Logic wrote on Nov 7th, 2013 at 1:20pm:
This is what they defend because of their indoctrination, bigotry, ignorance and elitist arrogant racism


Vuk11 is right The images are a violation of both the non-aggression principle and property rights, non of which are to do with capitalism but more to do with coercive monopolies using violence to rule over others.

Your ignorance is typical of socialists and could be the reason why while capitalist system have been so successful, socialist system have failed one after the other.

Your seeing a hen (Corporatism or Cronyism) and calling it a duck (Capitalism), they are two different systems.

Repeat after me, "Black is white, white is black"  What do you 2 go to the same indoctrination school.
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Re: Does Capitalism Exploit Workers?
Reply #385 - Nov 7th, 2013 at 8:11pm
 
another actor
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Re: Does Capitalism Exploit Workers?
Reply #386 - Nov 7th, 2013 at 8:19pm
 
Setanta wrote on Nov 7th, 2013 at 5:06pm:
edit: Back before the '80s it only took one income to keep a family, buy a home, now you're lucky if you can do it with two. My mum worked part-time. Not because she had to but because she wanted to. Try that on the average wage now and remember most people don't earn anywhere near the average wage.


My Father-in- law supported a wife and 7 kids on his 1 truck driving job.  (Though he did a lot of overtime and of course they want to get rid of penalty rates now) Try doing that with just one income today.  People don't realize that most of the apparent wealth since the 80s is due to each household sending another person into the workforce and easy (but not cheap) credit.  Capitalism virtually halved the family income since the 80s and these 2 brats cutting and pasting from the Cato institute are telling us they know better.   
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Re: Does Capitalism Exploit Workers?
Reply #387 - Nov 7th, 2013 at 8:24pm
 
Vuk11 wrote on Nov 7th, 2013 at 8:00pm:
If you want people to reply and debate you we have to come to some common ground on terms. I can't let you guys keep misrepresenting us and lumping us in with corporations it's getting ridiculous.


They are the same! That's what you're not getting. As I said before corporation, a name given by government, whatever the name, smells the same. Why did you both not address that before anyway? Inconvenient? It would happen whether there was government or not. Once capitalists gather enough wealth the only thing standing in their way is their "competition" to more money is other capitalists. These will make alliances, cartels if you will, to further their objective which is profit. The 1066 invasion of England was a "hostile business take over", for profit. That is capitalism, it is greed, or at least an excuse for it. It's been with us since the bronze age, the age of the warrior, the infancy of hostile take overs. Your fairy tale version of capitalism can never be real, it's an ideology like anarchy, that is, I believe, pretty much impossible in the real world no matter which side your preference falls.
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ImSpartacus2
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Re: Does Capitalism Exploit Workers?
Reply #388 - Nov 7th, 2013 at 8:26pm
 
Setanta wrote on Nov 7th, 2013 at 7:48pm:
ImSpartacus2 wrote on Nov 7th, 2013 at 7:06pm:
In most cases capitalism does its worst harm to people without the use of force but through fraud, deceit, power imbalance, false advertising, price fixing, wage etc. Are you saying that in your ideal system there will be laws to stop and punish all this? 

Also let me ask you these 2 questions about the morals and the laws of your ideal system.  Lets say I buy a property specifically to do fracking entirely within the boundaries of my property.  Lets say i have done studies and i know that my fracking operation will pollute the water table for say 50 miles all round and make the town water with 50,000 inhabitants undrinkable. And that thereafter, for the town to survive, it will be necessary for the inhabitants to truck in water at huge prices.  Now i know all that but I personally stand to make huge bucks out of my fracking operation.  What is the moral position in your new system.  Is this guy morally right to choose to proceed with the fracking operation.  And (2) will there be any laws to stop him or not and if so describe the laws.  These are genuine questions.  I really dont know what you are going to say.   


You must assume there are no laws in Ahovking's position. There should be no government according to him(anarcho-capitalism!?) or if he thinks there should be he has dropped it from his talking points. He seems to see capitalism as a political system, not a bad bad government/assembly representing the people political system but a cuddly, people and world hugging, teddybear political system.

What he doesn't seem to understand is that there will always be politics, it's part of society and society depends on it more than capitalism, it's why tribes still have it but not capitalism. It's what form that politics takes and what economic system that should realistically be talked about because one without the other will never happen. My view is that markets and capitalism heavily regulated by a polity of the people, the wealth should benefit and be shared by the people of said polity.

Yeah I think these 2 are kids that the Cato institute got from an early age and then filled them with all this cr@p and they just blurt it out without a moments thought at how unrealistic it all is.  hehehehe
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Re: Does Capitalism Exploit Workers?
Reply #389 - Nov 7th, 2013 at 8:31pm
 
Chimp_Logic wrote on Nov 7th, 2013 at 7:37pm:
ImSpartacus2 wrote on Nov 7th, 2013 at 6:15pm:
What garbage.  All assertion and no facts.  Simple stupid baseless statements totally contrary to what we have all seen played out in out life times. Go sue Tepco for Fukushima and tell me how that fixes the environmental damage they have done.  Externalities mate.  Pass on our filth for everyone else to deal with while we count our money. 


excellent point there Spartacus

TEPCO is a very good example of how extreme externalities function in this fascist corporatized capitalist regime.

TEPCO ended up being nationalised and is currently OWNED by the Japanese government? WHy?

Just few weeks ago there was plans to break up TEPCO into smaller corporate segments. Let me guess - the fund sapping FUKUSHIMA disaster clean up costs will be socialised and separated from the other profitable parts of the TEPCO business.

Last financial quarter the other TEPCO operations produced a 1 billion dollar profit. The expected cost of the Fukushima clean up is about 1/2 trillion dollars (US) over a period of 40 years

And of course there is NO known method of actually cleaning this ongoing mess up.

A Japanese nuclear engineer only just came out and declared that it will be almost impossible to recover and remove the 3 melted down coriums from the ground. They will need to erect another concrete sarcophagus like they did in Chernobyl (currently crumbling and needing replacement.)

Socialise the costs and risks, privatise and corporatize the profits and power. This is the corporatized capitalist way for the big end of town and the banking cartel which is a global criminal syndicate.


Yeah I know.  I wish there was something I could say to make all these ugly monsters just go away but they got their claws in and our pollies are their aiders and abettors.  MY wife heard this quote on the radio a few weeks ago that went something like this.  "The GFC was caused by bankers who robbed their own banks and the government drove the get away car.
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