Commander Annabella wrote:
Oh for Christ's sake, only total bastards who have drunk the koolaid would actually worry about the rights of very rich people to get their multi-million bonuses on top of their stock options and salaries in an economy when the average person's earnings are declining.
Because their rights in this regard are the same as your rights. Legally, there is no fundamental difference between a board of directors choosing to give a CEO a bonus, then you choosing to buy a nice gift for a friend. Or deciding to spend your money on a night out, or to buy a new TV, or a new car.
I can make exactly the same argument you are making and say that it ought to be illegal for you to spend that money as long as there are poor people who need it more. I'm quite sure you'd consider that a violation of your rights though...
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I mean seriously, how much can one person buy into the kind of sh*t the very rich want us all to believe to prevent anyone from possibly passing any type of law, restriction, measure that would decrease their wealth at all?
But the proof needs to go the other way. I don't need to prove why we shouldn't pass said laws/restrictions. You need to prove why we should! Ultimately, owning property/wealth is a protected right. You need to justify to me why it's ok to take that right away from some people. You still haven't done this. No one has. You all keep progressing as though it's just understood that it's somehow "wrong" for rich people to keep their own money, but you haven't proven that.
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There should be a salary and bonus limit and after that, I should have the right to kick their asses and redistribute their @#%^ing unearned wealth.
Why? I'm serious here. Why should there be these things? What benefit to they serve? How does this help us? You keep insisting that these things should be, but haven't said *why* they should. When we're talking about taking away people's rights, I think we should have a really good reason. If you can't explain this beyond just getting more and more upset when others don't agree with you, maybe it's a hint that you don't really have a good reason in the first place? Just a thought...
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As far as gbaji's economic theories, I have heard nothing ever that supports his contention that unfettered access to huge wealth for a small percentage of people benefits society. It does, however, benefit the people that run the country and the media, so maybe that's why it is repeated enough that some people believe it.
First off. I disagree with the "unfettered" line. That's a strawman waiting to happen. We're not talking about *no* government regulation. We're talking about whether government should be able to legislatively control how much someone can be paid for something. There's a whole range of "fettering" between that an "unfettered" and it's unfair to imply otherwise.
Having clarified the point at hand, I've given numerous examples of how allowing capitalism (including the right to pay what you want for something, no matter how outrageous that may appear to a third party) has produced massive benefits to all of us, even those not directly affected by the decision.
Quick and easy examples are things like home computers, cell phones, DVD and CD players. Every single one of those things is in your home because a group of very wealthy people were allowed to increase their wealth by choosing to invest it in new technologies and product development. Every single one. No one would spend money to make a cell phone with a 6 hour talk time that can play music and videos and fit in the palm of your hand without a profit motive. No one. Certainly, not the government.
I'm just amazed you can continue to argue this point. The proof of the beneficial effects of capitalism are literally all around you. Unless you live in a cave somewhere, you basically can't look in any direction without seeing those benefits. You don't make any more money then someone working the same or similar job did 40 years ago, yet you have these things that that person didn't have. How did that happen? Capitalism.
I know. It's a hard pill to swallow when you've been taught to hate the rich. But that's the cold truth. The very process that makes rich people richer *also* provides you with all of the life improving devices you have in your life. Everything from the clothing you wear, to the car you drive, to the computer you are reading this on is a direct result of applied capitalism. How anyone can sit around today and deny this is mind-boggling...