Political Memes

So you think there is a distinction between investment capital and some other capital I do not know about?

Ookay... So what's the issue with taxing them? It's not like the office chair they own suddenly becomes useless if they get taxed. Their capital in the most general sense will stay the same.

Yes it does. If there is not an expectation of profit, private property, etc this does not work at all. If there are, it will lead to capital accumulation.

Ah yes, we were all hunter gatherers until capitalism was invented. We didn't improve our production methods, we didn't improve our tools, we didn't educate ourselves. No offense but that's an absolutely moronic argument.

Creating a monopoly is not an example of unreasonable decitions. What?

So we don't need a market economy? Because a monopoly destroys the market.

Google has a lot of money, and experimenting with possible products is not what I would call an example of stupid decisions.

I never said it was a stupid decision. You said they need to allocate resources correctly, they don't because because they're probably making more money they can spend. They don't feel any pressure to make correct decisions.

Bying a competitor is a terrific idea.

I'm sorry, I thought competition in the market is the reason companies make great decisions. So it's a terrific idea to get rid of the very thing that forces you to make great decisions?

Well, you're not wrong. Capitalism loves when it can just buy itself into a monopoly and churn out shitty products because people have no other option.

The wall street did not crash because of individual mistake of investors, but because of market tendencies. This is completely unrelated.

Those market tendencies were all reckless financial actions from orders that came top to bottom. The capital owners were squeezing everything they could out of the people, until it all came crashing down. And then they got bailed out by the government.

“The more they slave the more profitable they will be” is, of course, true in a sense that paying less can increase profit margins amd you can force the workers to work more, but this is not always possible as there are usually regulations that protect workers, unions, and some positions are highly competitive.

So capitalism is okay because the non-capitalist things are supposed to keep it in check?

I do not know what is the case in America, but here government jobs pay less than private sector. Often a lot less. Goverment workers are as likely to overwork because they are understaffed. They are still less efficient. There is no research that reflects what you are saying. This is just your opinion.

Okay, so provide sources proving otherwise you saying the government is less efficient is also JUST YOUR OPINION.