Why we need a minimum wage hike......

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inreb said:
That's a good video. I'd watch again just to here the soothing voice. But I need something explained to me. I see the staggering amount of wealth by the 1% and am not as upset as I feel I should be. In 1976 we didn't have the world economy as we do now. Earning a small profit from vast amounts of people is going to generate that kind of wealth. It's just pure numbers. If it's earned honestly while paying a good wage, why not?
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Some of the people who made that money did so by gaming the system, or simply working outside of it, to the point that they broke the world economy. The issue is that there really isn't a whole lot of extra wealth. It's just distributed differently.

Not only is the point of "a good wage" contentious; so is the "earned honestly" point. I have no issue with someone having more than me. That he might have an obscene amount of wealth because he damaged the resources that are used by others is a different story. One key point; outsourcing.
 
inreb said:
Yes, I know. This is the heart of the matter. That somebody it rich, in of itself, is not a problem for me. In fact, more power to them.
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Wealth already imbues power. They don't need more.
 
Rob MacLennan said:
Some of the people who made that money did so by gaming the system, or simply working outside of it, to the point that they broke the world economy. The issue is that there really isn't a whole lot of extra wealth. It's just distributed differently.

Not only is the point of "a good wage" contentious; so is the "earned honestly" point. I have no issue with someone having more than me. That he might have an obscene amount of wealth because he damaged the resources that are used by others is a different story. One key point; outsourcing.
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Right.

And money makes money. Some people are wealthy without having lifted a finger, without having provided anything of value in return.
 
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Schneller said:
The answers are there, you just have to read and comprehend it. You misrepresent my argument suggesting that I said there is no greed on the left, and then you argue against that misrepresentation.
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So what you're saying when you quoted ZX600 who went on about the bad right, to which you chortled about "greed and corruption and *** the rest", what you really meant was that both the right and the left were greedy and corrupted? Seems to me you were jumping on ZX600's bandwagon and implying greed and corruption about the right. You did not include the left. So either that is what you implied, or there really isn't a point that you were making.

Schneller said:
You misrepresent my argument suggesting that I'm against capitalism, and then you argue against that misrepresentation. Just read the responses in my post you quoted. The answers are there.
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Now it is you misrepresenting me. I never said you were against capitalism cart blanche. What I actually said was "...how the capitalist system that you are in some respects denouncing."

And the items that you appear to be denouncing is for example greed, which is a critical element to the success of a capitalistic society (whether right or wrong). So my actual claim about your view on it is in fact accurate.
 
Snobike Mike said:
So what you're saying when you quoted ZX600 who went on about the bad right, to which you chortled about "greed and corruption and *** the rest", what you really meant was that both the right and the left were greedy and corrupted? Seems to me you were jumping on ZX600's bandwagon and implying greed and corruption about the right. You did not include the left. So either that is what you implied, or there really isn't a point that you were making.



Now it is you misrepresenting me. I never said you were against capitalism cart blanche. What I actually said was "...how the capitalist system that you are in some respects denouncing."

And the items that you appear to be denouncing is for example greed, which is a critical element to the success of a capitalistic society (whether right or wrong). So my actual claim about your view on it is in fact accurate.
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You go ahead and believe what you like. I'll agree to disagree. This has been entertaining, but now its getting tedious.
 
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Schneller said:
Right.

And money makes money. Some people are wealthy without having lifted a finger, without having provided anything of value in return.
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Let's punish them then. Take their money and give it away to those that are poor, many of which whom, ah, uh oh wait, haven't provided anything of value in return.......
 
Schneller said:
You go ahead and believe what you like. I'll agree to disagree.
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We're not at the dis/agreement stage yet. Either you what you said and I "misrepresented" it or I didn't. First that needs to be sorted which is what I'm pointing out. Once sorted we can move onto assessing the merit of what was said.
 
Snobike Mike said:
We're not at the dis/agreement stage yet. Either you what you said and I "misrepresented" it or I didn't. First that needs to be sorted which is what I'm pointing out. Once sorted we can move onto assessing the merit of what was said.
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I'll leave it with what I've already said. You either understand this or you don't.

1) no one has said that the left has NO greed or corruption, but probably less because big business is going to support and lobby the right to a greater degree


2) I am not against capitalism, it just needs government harnessing so that social responsibility is not lost. Capitalism as a system has no morals. It's sole driving force is profit for investors. Nothing wrong with that but that's where government agencies come in to enforce social and environmental responsibility.
 
Rob MacLennan said:
Some of the people who made that money did so by gaming the system, or simply working outside of it, to the point that they broke the world economy. The issue is that there really isn't a whole lot of extra wealth. It's just distributed differently.

Not only is the point of "a good wage" contentious; so is the "earned honestly" point. I have no issue with someone having more than me. That he might have an obscene amount of wealth because he damaged the resources that are used by others is a different story. One key point; outsourcing.
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Yes I know, thats why I found the video lacking. That does not, by extension, mean to say that posting it shows bad form.
 
inreb said:
Yes I know, thats why I found the video lacking. That does not, by extension, mean to say that posting it shows bad form.
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The most important part of that video, from my point of view, is the short bit about how things have changed so markedly over just the last few years. The gap between rich and poor, or even rich and the common man, has always been vast. It's getting bigger. The image that I posted, below the video, is a rather large part of why that is. Look at the way income tax rates have changed, just over the last century.
 
Why don't we just make minimum wage 250,00 $ a year and everyone can live a comfortable life. 6 weeks vacation, full benefits, etc

Oh right, now my cup of coffee costs 28 bucks lol
 
So you have no investments. 0

Nothing obscene. Middle class. Pay my taxes, some of it is used well, I wish less was wasted, just like everyone.
 
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Schneller said:
I'll leave it with what I've already said. You either understand this or you don't.

1) no one has said that the left has NO greed or corruption, but probably less because big business is going to support and lobby the right to a greater degree


2) I am not against capitalism, it just needs government harnessing so that social responsibility is not lost. Capitalism as a system has no morals. It's sole driving force is profit for investors. Nothing wrong with that but that's where government agencies come in to enforce social and environmental responsibility.
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Scheller, I happen to agree with at least some of what you're saying here.

My point was that it was not what you implied in the original post you quoted from ZX600 which I subsequently quoted. You followed on that I had mis-represented you! (insert Abbot and Costello....)

Anyways, on with the show!
 
Who's on first!
 
Schneller said:
Wealth already imbues power. They don't need more.
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inreb said:
So you have no investments. 0?
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Schneller said:
So you have no investments. 0

Nothing obscene. Middle class. Pay my taxes, some of it is used well, I wish less was wasted, just like everyone.
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I had to look up imbue just to make sure. I don't want to run off on a weird tangent. I guess wealth automatically implies certain things to you. Sure, why not?
 
Rob MacLennan said:
The most important part of that video, from my point of view, is the short bit about how things have changed so markedly over just the last few years. The gap between rich and poor, or even rich and the common man, has always been vast. It's getting bigger. The image that I posted, below the video, is a rather large part of why that is. Look at the way income tax rates have changed, just over the last century.
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Oh c--p I didn't hardly look at that. I thought it was a New York skyline, Wall St. and all that. OK I see where you're coming from. I'd heard things about global economy, larger consumer base, larger profits something that didn't exist in 1976. Stands to reason large successful corporations are going to have massive wealth.
Without bothering to check the fine print I can just imagine how the tax rates were tweaked. Good on Jewish moms to push the boys into law.
 
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