yossarian wrote:
It is not either "steadily growing" and certainly not "for all within the society".
So you're saying that cell phones cheap enough to buy in a convenience store doesn't improve the standard of living for "all within society"? You're saying that computers and internet affordable even to people at the low end of working class isn't an improvement to their standard of living?
Take any wage level today. Compare that to the same adjusted wage level 20, 50, and 100 years ago. Argue that the person living at that same adjusted wage in the past had the same or better standard of living. You can't do it because it's so abundantly obviously false that even the most hard headed liberally indoctrinated fool can see that it's a loser argument to make.
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To even try to do those things: steady growth and growth for (most) all within society, social programs which place certain frictions on the economy in good times are necessary, and stimulus during bad times minimizes the
Social programs take money from the pools which are used to grow the economy and build new/better products and services. They slow down that growth, not speed it up. While they do make things temporarily better for those who receive them, the effect over time is negative.
Democrats spend long term growth to buy short term benefits for the people. To some degree, that's probably a good thing, but beyond a bare minimum it becomes a mechanism to buy votes for themselves at the long term expense of the country. Look at all the pork in the so-called stimulus package the house voted on last week. It's not about doing what's right. It's about buying off the groups and people who supported them. We're well past the point of paying for necessary things that help people who are truly in trouble.
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In short, the proposition of gbaji is that there is *no* downside to capitalism.
I never said that. I said that it's better than any alternative anyone has come up with yet.
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As all of us who live in reality know, highly capitalistic societies distribute wealth in very hierarchical ways and as for growth, well, it is sporadic. The main vicissitudes have already been filtered out long before most of us were born and so it is understandable for those who didn't live through the great depression to write as if to deny it's existence, but people like that - those with no history - and in fact very little education - deserve no time.
Your problem is that you are overly focused on the distribution of wealth. That's *not* the problem. It's how the wealth is used in the economy. Does the wealth provide jobs, technological growth, and improved goods and serves over time? That's the relevant question. Who owns it is largely irrelevant. Except to the point that a small group of billionaires are going to put vastly more of their wealth directly into things that do all of those positive things than if we took that same wealth and spread it out among a million people.
When people have an amount of wealth close to the amount they need to live on, they tend to keep it to help them live. They'll buy nicer things for themselves and keep some for a rainy day. When people have vastly more wealth than they need to live on, they invest it. They don't need it for themselves, so they use it to help others. Yes. Their own wealth grows as well, but it's irrelevant that it does. If someone has 1 billion dollars or 5 billion doesn't change that they're investing every penny other than that which they need to spend to live each year. The extra 4 billion is all "spent" on ventures which help the rest of the economy. So if that person's wealth grows, it doesn't hurt anyone else.
You need to explain to me in a non-circular way why a non-equitable distribution of wealth is bad...
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By the way, note the subtle shift gbaji employs. At first he asserts: "for all within the society" and then backs down to: "at all economic levels".
Er? In this context, they're just two ways of saying the same thing.
The rest of your post is meaningless drivel. How about you get off the personal attacks and support your position? Strange concept, I know...