https://www.investopedia.com/updates/usa-national-debt/
Production in modern corporation is synonymous with capitalism. Like any other system; feudalism, a monarchy, or socialism, it always has it's critics, champions and skeptics. The cynic that comes up the most is Karl Marks. He witnessed what Charles Dickens magnified.
Karl Marx
https://en.wikipedia.org/wiki/Karl_Marx
In the midst of the Industrial Age, Western civilation was comfortable living off investments brought on by slaves. No labor cost. Just livestock. The need for it to be discussed is as great as it was disgusting. Why?
which slaves? the ones the African tribes conquered and sold off to get rid of them or some other slaves?
btw .. the above is a cold hard cost analysis .. can't feed them so sell them as cattle. 75% of all slaves were captured and sold by their own kind. now tell me again about the evil of capitalism?
The foundation of equality is freedom. Goods and services need a balance of ideas from not only those in charge, but those who provide them. When a select few convince the rest that what is good for the company is good for them, the whole have to live with the outcome. Except the masses were excluded from the decision making. De facto autocracy.
you think you are entitled to freedom? you are entitled to be born. from then on, you are on your own. the cries of the masses are mostly lame ass losers wanting gov gifts.
Dividends to shareholders, corporate bonuses and bailouts do not improve an economy that is turning to automation.
The cost of doing business is moving away from labor. Decisions are based on profit as opposed to reinvestment or research and development.
bullshit. any strong company reinvests and does r&d. IBM alone gets millions per year for just patent research.
https://www.techrepublic.com/article...h-open-source/
IBM makes millions off patents, but it could make billions with open source
More or less government does not matter. Private capitalism or state run enterprises keep the same structure. The value of labor should meet the cost of living. When workers produce a surplus over what he gets, it creates instability. How stable is the current boom?
No, the job should pay what it is worth. if it's not enough to "live on" then get a better job. this is how capitalism rewards those who work hard and punishes the lazy.
Do we have to go to war to recover? Or will the rhetoric just kick the can and never pick it up?
Originally Posted by eccieuser9500
what do you call a 31 year old high school drop out working at Mickey D's for min wage and 35 hours a week?
BUM!!
BAHHAAAAAAAAAA