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  1. #16
    Old Town Road Senior Member Strike For The South's Avatar
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    Default Re: Capitalism Doesn’t Work

    The problem is we've spent the last half century perfecting production to the point where we have massively cut the number of hours of labor (both physical and mental) requried. Less labor=more profit which general doesn't (to use a cliche) trickle down. I don't think this is some grand conspiracy, no one is that smart or that organized. I do, however, think it's at least partially for the reason of the 1% and the breaking of regulations built up during the industrial age.

    People with money realize they can increase their profits without having to rely on labor like they once did so they mobilize to make labor cheaper and less intrusive on their business model. I think some of them truly beilvie they will be able to "create jobs" while others are thinking about their bottom line (understandable).

    The fact is we may very well be looking at a world with simply less labor to go around. Not that this is necessarily a bad thing. People today (in the west) have much more stuff and live eaiser lives than their forefathers. Now, granted, the concentration of wealth (mainly property) is continuig to fall into fewer and fewer hands but on the whole I have more than my father and grandfather did before.

    The problem is I have "stuff" while they had "wealth" Things like property and resources are outpacing real dollars while the price of stuff continues to fall, perhaps giving us the illusion of plenty

    IDK this is cutting into beer time

    As always, kill the rich
    There, but for the grace of God, goes John Bradford

    My aim, then, was to whip the rebels, to humble their pride, to follow them to their inmost recesses, and make them fear and dread us. Fear is the beginning of wisdom.

    I am tired and sick of war. Its glory is all moonshine. It is only those who have neither fired a shot nor heard the shrieks and groans of the wounded who cry aloud for blood, for vengeance, for desolation.

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