Chimp_Logic wrote on Oct 29
th, 2013 at 9:14pm:
|dev|null wrote on Oct 29
th, 2013 at 3:44pm:
Pantheon wrote on Oct 29
th, 2013 at 12:29pm:
|dev|null wrote on Oct 29
th, 2013 at 12:09pm:
Pantheon wrote on Oct 29
th, 2013 at 11:01am:
|dev|null wrote on Oct 29
th, 2013 at 10:58am:
Would you like to tell me where i went wrong
Lack of life experiences?
I could say the same thing to you, however unlike you, i'm not a child. Please tell me where i went wrong.
You made the mistake of being a capitalist?
Quote:Because looking at workers in the West and workers in Socialist states, We have far more rights and freedoms than other workers from socialist state don't have.
Ever consider why workers have those rights and freedoms?
Employers are always attacking those rights and freedoms, wanting them reduced or removed in the name of "flexibility". They see them as an expensive hindrance on their ability to maximise their profits, at the expense of the workers. Workers fought for those rights and freedoms because they had suffered exploitation at the hands of unscrupulous employers.
Excellent point!
decades and even centuries of activism and individuals as well as unions fighting for better conditions, respect and a secure standard of living.
Capitalists detest a united workforce that asks questions and makes demands that are fair and reflective of their work input
There is a move in some countries in Europe to empower workers with equal shares in a company venture or even in a cooperative structure where farmers pools resources for example.
They have found 3 major differences when these structures are implemented in the workplace
1. more content workers and working environment
2. higher retention of staff
3. higher productivity
Capitalism has never been tried anywhere in the world - and for a very good reason. Even the capitalists themselves don't want true market discipline to apply to their investments etc. (they don't mind if market discipline and capitalist ideologies apply to the family business or a small company. A good example was the disgraceful behaviour of governments during the 2008 GFC, trillions of dollars of tax payers money straight into the coffers of the banksters and corporations - the very same people who caused the crisis in the first place
I'm being to think no one watch the video...

What caused the 2008 GFC was the US Government, they interfered with the 'free market' and guaranteed bankers and investors etc, that nothing will go wrong its backed by the US government. In fact the bankers didn't know (foolishly) how risky the investments was, until it was too late. Bankers didn't want bail outs (only 2 of the 9 banks which got a bail out actually needed it, and like the banks troubled business was also got bailed out. However both bankers were forced by the US to accept the bail outs) because in accepting them the US government will become part owner of the bank.
In other words: Lemon socialism: a term for the practice in supposedly free market capitalist economies in which the government steps in to bail out or otherwise subsidize weak or failing firms
Who was at fault? if the US Gov didn't got interfered with the 'free market' and guaranteed bankers and investors etc, that nothing will go wrong at the same time falsely ranked CCC rated investments AAA, the GFC could of been avoided.