Capital DOES not naturally flow to the middle.

[Ichabod Stain]

It only flows to the middle and lower classes if we choose that it should, to some degree.

and we should choose so.

it naturally flows to the very tippy top.

stop fucking lying libertarian Nazi eugenist murder lies sacks.



The Professional Managerial Class is Not unified with labor.

 

[Teflon Don]

Sure sounds like a marxist to me. Just throw in the term proletariat and bourgeois and you have it nailed.

 

[Yakuda]

It only flows to the middle and lower classes if we choose that it should, to some degree.

and we should choose so.

it naturally flows to the very tippy top.

stop fucking lying libertarian Nazi eugenist murder lies sacks.



The Professional Managerial Class is Not unified with labor.

Sounds iffy to me. Capital lies within each person. If you have a valuable skill you have more capital but if you can work your labor is your capital which you can sell to others with more capital. If you yourself more valuable you increase your capital.

 

[T. A. Gardner]

This is incorrect because it doesn't understand the idea of the time value of money. In brief terms, the size of the economy, and the amount of wealth in that economy is not fixed. The wealth "pie" is not a fixed size.

The wealthy and most productive can invest in the economy more than others can. So, their wealth grows over time more than those that cannot invest--the time value of money.

What determines the ability to do this is a baseline amount of wealth needed to meet basic needs, food, shelter, etc. Until those things are met, a person doesn't have the excess wealth to invest. Next, the amount invested has to be sufficient to gain a return on that investment that is significant. Having a savings account at your local bank doesn't work today. The ROI in one doesn't even keep up with inflation.

So, you have to consider what the cost of living is versus the ability to invest.

Then there is the current problem that the world, and the West in particular, is undergoing another technological revolution right now. We are moving from the Industrial Age to the Electronics Age. That shift is causing many entrenched institutions and social norms of the Industrial Age to no longer be valid. For those that can't shift or adjust, this revolution in technology will leave them behind. For those that can, it's an opportunity to get ahead.

The idea that "The Rich" are somehow colluding as a whole to keep everyone else down is a myth. It is a convenient fiction that gives losers in society something they can blame other than themselves. That is very much human nature.

 

[Yakuda]

This is incorrect because it doesn't understand the idea of the time value of money. In brief terms, the size of the economy, and the amount of wealth in that economy is not fixed. The wealth "pie" is not a fixed size.

The wealthy and most productive can invest in the economy more than others can. So, their wealth grows over time more than those that cannot invest--the time value of money.

What determines the ability to do this is a baseline amount of wealth needed to meet basic needs, food, shelter, etc. Until those things are met, a person doesn't have the excess wealth to invest. Next, the amount invested has to be sufficient to gain a return on that investment that is significant. Having a savings account at your local bank doesn't work today. The ROI in one doesn't even keep up with inflation.

So, you have to consider what the cost of living is versus the ability to invest.

Then there is the current problem that the world, and the West in particular, is undergoing another technological revolution right now. We are moving from the Industrial Age to the Electronics Age. That shift is causing many entrenched institutions and social norms of the Industrial Age to no longer be valid. For those that can't shift or adjust, this revolution in technology will leave them behind. For those that can, it's an opportunity to get ahead.

The idea that "The Rich" are somehow colluding as a whole to keep everyone else down is a myth. It is a convenient fiction that gives losers in society something they can blame other than themselves. That is very much human nature.

Exactly right in the issue of fixed value. The left thinks it's finite, that it doesn't expand and contract. It's like the 1% they always whine about. Its not fixed either with people moving in amd out of it all the time. In most places around the world the top 1% will always be the top 1%

 

[T. A. Gardner]

Exactly right in the issue of fixed value. The left thinks it's finite, that it doesn't expand and contract. It's like the 1% they always whine about. Its not fixed either with people moving in amd out of it all the time. In most places around the world the top 1% will always be the top 1%

In places where the 1% stay the same 1%, you will find that big government, lots of regulation, lots of socialism, and a complete lack of social mobility exist. The only way for anyone to move into that top group from outside it is by major organized crime.

 

[Ichabod Stain]

This is incorrect because it doesn't understand the idea of the time value of money. In brief terms, the size of the economy, and the amount of wealth in that economy is not fixed. The wealth "pie" is not a fixed size.

The wealthy and most productive can invest in the economy more than others can. So, their wealth grows over time more than those that cannot invest--the time value of money.

What determines the ability to do this is a baseline amount of wealth needed to meet basic needs, food, shelter, etc. Until those things are met, a person doesn't have the excess wealth to invest. Next, the amount invested has to be sufficient to gain a return on that investment that is significant. Having a savings account at your local bank doesn't work today. The ROI in one doesn't even keep up with inflation.

So, you have to consider what the cost of living is versus the ability to invest.

Then there is the current problem that the world, and the West in particular, is undergoing another technological revolution right now. We are moving from the Industrial Age to the Electronics Age. That shift is causing many entrenched institutions and social norms of the Industrial Age to no longer be valid. For those that can't shift or adjust, this revolution in technology will leave them behind. For those that can, it's an opportunity to get ahead.

The idea that "The Rich" are somehow colluding as a whole to keep everyone else down is a myth. It is a convenient fiction that gives losers in society something they can blame other than themselves. That is very much human nature.

the naturally flows to the top 1% in a society as financialized and corporate captured as ours.

your time value of money bullshit is just libertarian bullshit.

 

[Ichabod Stain]

In places where the 1% stay the same 1%, you will find that big government, lots of regulation, lots of socialism, and a complete lack of social mobility exist. The only way for anyone to move into that top group from outside it is by major organized crime.

like we have now.

 

[T. A. Gardner]

the naturally flows to the top 1% in a society as financialized and corporate captured as ours.

your time value of money bullshit is just libertarian bullshit.

My analysis is economic reality. The amount of money in a society or economic system is NOT fixed, and you are claiming it is. New wealth is continuously generated. How that new wealth is distributed is where you get the impression that only the richest get richer.

 

[Ichabod Stain]

Exactly right in the issue of fixed value. The left thinks it's finite, that it doesn't expand and contract. It's like the 1% they always whine about. Its not fixed either with people moving in amd out of it all the time. In most places around the world the top 1% will always be the top 1%

the bankers print money for their friends and make everyone wear suits so it looks legit. so don't tell me about fixed value.

you just print all the money you need for banker bailouts.

but when a regular person is doing poorly all the sudden its problem.



you're a delusional libertarian fascist.

you're all parasitical hypocrites who fucking work for the government.

 

[Ichabod Stain]

My analysis is economic reality. The amount of money in a society or economic system is NOT fixed, and you are claiming it is. New wealth is continuously generated. How that new wealth is distributed is where you get the impression that only the richest get richer.

your analysis is fasscist elitist apologetics.

 

[Yakuda]

the bankers print money for their friends and make everyone wear suits so it looks legit. so don't tell me about fixed value.

you just print all the money you need for banker bailouts.

but when a regular person is doing poorly all the sudden its problem.



you're a delusional libertarian fascist.

you're all parasitical hypocrites who fucking work for the government.

And you're an ignorant raging lunatic but to each his own I guess.

 

[T. A. Gardner]

like we have now.

That isn't per se the US system. It is what they have in say, Mexico, as an obvious example. Mexico is pretty heavily socialized. Most major industry is heavily or completely controlled by government. Organized crime is rampant to the point it challenges government.

In the US the norm through about the 1950's was social mobility and limited government. The middle class grew significantly. WW 2 and military service instilled a sense of responsibility and work ethic that has since crumbled. Socialism has crept in starting with FDR. In a very real sense, it's the same set of issues late Imperial Rome faced, as one example. The US is headed towards a reset most likely.

 

[Ichabod Stain]

And you're an ignorant raging lunatic but to each his own I guess.

how does it naturally flow to the middle?

that just false on its face.

you print money for rich people because they're the "job creators" and the special people.

what about when they're the job destroyers?

you will still be there licking their balls.

this is a sound currency issue.

not a class issue.

but your an elitist so you will always deny the obvious abuses of fiat currency.

you;re trash.

 

[Ichabod Stain]

That isn't per se the US system. It is what they have in say, Mexico, as an obvious example. Mexico is pretty heavily socialized. Most major industry is heavily or completely controlled by government. Organized crime is rampant to the point it challenges government.

In the US the norm through about the 1950's was social mobility and limited government. The middle class grew significantly. WW 2 and military service instilled a sense of responsibility and work ethic that has since crumbled. Socialism has crept in starting with FDR. In a very real sense, it's the same set of issues late Imperial Rome faced, as one example. The US is headed towards a reset most likely.

it is DE FACTO the u.s. system.

asshole.

 

[Yakuda]

how does it naturally flow to the middle?

that just false on its face.

you print money for rich people because they're the "job creators" and the special people.

what about when they're the job destroyers?

you will still be there licking their balls.

this is a sound currency issue.

not a class issue.

but your an elitist so you will always deny the obvious abuses of fiat currency.

you;re trash.

Where did I claim capital flows to the middle waldo? You have to reply to what I actually said not what the voices in your head say dumbass.

Either show where I said capital flows to the middle or go away

 

[Ichabod Stain]

should the job creators still get their assholes licked after they fire everyone?

 

[Yakuda]

That isn't per se the US system. It is what they have in say, Mexico, as an obvious example. Mexico is pretty heavily socialized. Most major industry is heavily or completely controlled by government. Organized crime is rampant to the point it challenges government.

In the US the norm through about the 1950's was social mobility and limited government. The middle class grew significantly. WW 2 and military service instilled a sense of responsibility and work ethic that has since crumbled. Socialism has crept in starting with FDR. In a very real sense, it's the same set of issues late Imperial Rome faced, as one example. The US is headed towards a reset most likely.

Trying to talk sense to that lunatic will prove to impossible I think.

 

[Ichabod Stain]

Where did I claim capital flows to the middle waldo? You have to reply to what I actually said not what the voices in your head say dumbass.

Either show where I said capital flows to the middle or go away

do you believe it "naturally flow to the middle" like uncensored said in his retarded AbovePP thread?

 

[Yakuda]

should the job creators still get their assholes licked after they fire everyone?

Why are they firing someone?