How capitalism works?
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NiftyNiblick
1960s Chick Magnet
evince
Truthmatters
evince
Truthmatters
Why does it piss you off when black Americans vote you idiot racist?
evince
Truthmatters
evince
Truthmatters
Capitalism has been dead for a long time. We have an oligopoly, where most industries are controlled by few players. They do not have to meet and plot anymore. The internet provides them with all they require to control markets.
The control is why they were able to end price wars, improvement of products like they used to have to do, and give abysmal customer service. Who are you going to call if your internet service provider jacks prices up and makes you talk to someone in India for problems? If you have a few providers in your area, it makes almost no difference to change. They do the same because they can max profits while doing as little work as possible.
The control is why they were able to end price wars, improvement of products like they used to have to do, and give abysmal customer service. Who are you going to call if your internet service provider jacks prices up and makes you talk to someone in India for problems? If you have a few providers in your area, it makes almost no difference to change. They do the same because they can max profits while doing as little work as possible.
Truck Fump / h1b
Verified User
keynesianism means the rich and powerful print themselves infinite funds.
Melchizedek = Michael
Verified User
Oh I see,they are stupid!
evince
Truthmatters
Um no you fucking idiot
It’s an economic theory of how economies work and how to manage them to the best benefit of the population
It’s the school of economics that has saved our ass everyfuckingtime you idiots brake the economy to benifit the wealthy assholes
evince
Truthmatters
evince
Truthmatters
Nope
It’s been mismanaged by the greedy fucks since FDR proved Keynesian economics works great
T. A. Gardner
Thread Killer
That has nothing to do with Capitalism. The above is an argument based on the Politics of Envy. It is an argument that it is somehow "unfair" that some people, families, etc., have had great success in accumulating wealth, and that is inherently wrong and should be penalized.
It is the underpinnings of both Communism and Socialism in Class Envy. That is, those who espouse it are envious of the success of others and feel the successful should be altruistic and willingly give away their wealth to those less fortunate. There is no telling that in the future, and EMS or police officer who invests smartly might not become a millionaire.
A great example of this in action from the late 19th Century is the Pullman company. George Pullman in the head of the company wanted to improve the lives of his workers. He set up company towns with, what were for the day, nice homes, good businesses, and a decent standard of living. But with living in his towns, there were social rules you had to follow. The towns were run as a rigid paternalistic society. Add in that some workers managed to save and move out into the "free" community outside the company towns.
The Politics of Envy followed. The eventual result was a general strike by the workers who were fed up with Pullman's forced utopia that they labored under. With no real hope of betterment because of Pullman's rules in what amounted to a Socialist society, they struck. The strike became more widespread and general that the federal government stepped in an put it down by force using the US Army.
Wealth ebbs and flows. It is rare that a family stays rich for many generations. Those are the exceptions. But to look at your neighbor and how they are doing relative to you and then you whine and complain about that while calling for their penalization for success is nothing but Politics of Envy.
evince
Truthmatters
https://en.m.wikipedia.org/wiki/Keynesian_economics
Keynesian economics (/ˈkeɪnziən/ KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation.[1] In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. Instead, it is influenced by a host of factors – sometimes behaving erratically – affecting production, employment, and inflation.[2]
Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes – a recession, when demand is low, or inflation, when demand is high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between government and central bank. In particular, fiscal policy actions (taken by the government) and monetary policy actions (taken by the central bank), can help stabilize economic output, inflation, and unemployment over the business cycle.[3] Keynesian economists generally advocate a regulated market economy – predominantly private sector, but with an active role for government intervention during recessions and depressions.[4]
Keynesian economics developed during and after the Great Depression from the ideas presented by Keynes in his 1936 book, The General Theory of Employment, Interest and Money.[5] Keynes' approach was a stark contrast to the aggregate supply-focused classical economics that preceded his book. Interpreting Keynes's work is a contentious topic, and several schools of economic thought claim his legacy.
Keynesian economics, as part of the neoclassical synthesis, served as the standard macroeconomic model in the developed nations during the later part of the Great Depression, World War II, and the post-war economic expansion (1945–1973). It was developed in part to attempt to explain the Great Depression and to help economists understand future crises. It lost some influence following the oil shock and resulting stagflation of the 1970s.[6] Keynesian economics was later redeveloped as New Keynesian economics, becoming part of the contemporary new neoclassical synthesis, that forms current-day mainstream macroeconomics.[7] The advent of the financial crisis of 2007–2008 sparked renewed interest in Keynesian policies by governments around the world.[8]
Keynesian economics (/ˈkeɪnziən/ KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation.[1] In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. Instead, it is influenced by a host of factors – sometimes behaving erratically – affecting production, employment, and inflation.[2]
Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes – a recession, when demand is low, or inflation, when demand is high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between government and central bank. In particular, fiscal policy actions (taken by the government) and monetary policy actions (taken by the central bank), can help stabilize economic output, inflation, and unemployment over the business cycle.[3] Keynesian economists generally advocate a regulated market economy – predominantly private sector, but with an active role for government intervention during recessions and depressions.[4]
Keynesian economics developed during and after the Great Depression from the ideas presented by Keynes in his 1936 book, The General Theory of Employment, Interest and Money.[5] Keynes' approach was a stark contrast to the aggregate supply-focused classical economics that preceded his book. Interpreting Keynes's work is a contentious topic, and several schools of economic thought claim his legacy.
Keynesian economics, as part of the neoclassical synthesis, served as the standard macroeconomic model in the developed nations during the later part of the Great Depression, World War II, and the post-war economic expansion (1945–1973). It was developed in part to attempt to explain the Great Depression and to help economists understand future crises. It lost some influence following the oil shock and resulting stagflation of the 1970s.[6] Keynesian economics was later redeveloped as New Keynesian economics, becoming part of the contemporary new neoclassical synthesis, that forms current-day mainstream macroeconomics.[7] The advent of the financial crisis of 2007–2008 sparked renewed interest in Keynesian policies by governments around the world.[8]
NiftyNiblick
1960s Chick Magnet
It has nothing to do with the black race.
It has to do with southern black Democrats who, in fact, in other than with civil rights issues, aren't that fucking liberal!!!!
Northern blacks are, but they aren't.
They have enough clout to fuck up the Democratic nomination procedure, but they're not the ones who can deliver their states' electoral votes.
People of normal intelligence can understand this, 'vince, but don't strain yourself.
I really wish that you would put me on ignore so that you wouldn't keep making stupid replies to my posts, but I know that you won't do it.
evince
Truthmatters
Keynes argued that the solution to the Great Depression was to stimulate the country ("incentive to invest") through some combination of two approaches:
A reduction in interest rates (monetary policy), and
Government investment in infrastructure (fiscal policy).
From the link
FDR agreed so he did just that
IT WORKED GREAT
The wealthy hated it because it gave the worker to much power over their own lives
It created the years that all the right wanted to go back to
The great the people wanted to America to be again
But they were lied to by the likes of Fox and the wealthy
To get the people to vote against what they actually wanted
They were massaged into this idiocy with racist bullshit
That was the Hook
Their racist tendencies
A reduction in interest rates (monetary policy), and
Government investment in infrastructure (fiscal policy).
From the link
FDR agreed so he did just that
IT WORKED GREAT
The wealthy hated it because it gave the worker to much power over their own lives
It created the years that all the right wanted to go back to
The great the people wanted to America to be again
But they were lied to by the likes of Fox and the wealthy
To get the people to vote against what they actually wanted
They were massaged into this idiocy with racist bullshit
That was the Hook
Their racist tendencies
Truck Fump / h1b
Verified User
no.
it's how to take control of a population with fiat currency and then do what you want, while dressing up your actions with empty platitudes.
that's keynesianism.
NiftyNiblick
1960s Chick Magnet
no.
it's how to take control of a population with fiat currency and then do what you want, while dressing up your actions with empty platitudes.
that's keynesianism.
Where the fuck did you study economics, AssHat?
It apparently matters.
What is your degree?
Last edited:
evince
Truthmatters
no.
it's how to take control of a population with fiat currency and then do what you want, while dressing up your actions with empty platitudes.
that's keynesianism.
Write that all down on a piece of paper
Roll that paper up and shove it up your ass
It will blend right in with all the other shit already there
Clown brain
evince
Truthmatters
At least you have some sense for a racist