Why do so many people hate capitalism?

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Laihendi

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#1 Laihendi
Member since 2009 • 5872 Posts

What is wrong with individuals owning their own things, and choosing what to do with their things? Why can't we all be free (that means economic freedom), and respect the freedom of others? Why do so many people try to control what others do with their money/property?

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deactivated-598fc45371265

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#2 deactivated-598fc45371265
Member since 2008 • 13247 Posts

This will be good.

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Mike-uk

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#3 Mike-uk
Member since 2008 • 2088 Posts

Im gonna just sit back and grab some popcorn.

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-Sun_Tzu-

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#4 -Sun_Tzu-
Member since 2007 • 17384 Posts
How is it their money or property?
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MrPraline

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#5 MrPraline
Member since 2008 • 21351 Posts

What is wrong with individuals owning their own things, and choosing what to do with their things? Why can't we all be free (that means economic freedom), and respect the freedom of others? Why do so many people try to control what others do with their money/property?

Laihendi
Because the people that own the world have no interest in us plebs being free. Got to keep the elite and the old boys network in power and financial stability by any means necessary.
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Bane_09

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#6 Bane_09
Member since 2010 • 3394 Posts

lol

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deactivated-598fc45371265

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#7 deactivated-598fc45371265
Member since 2008 • 13247 Posts

lol

Bane_09

Don't be like Droid.

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XaosII

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#8 XaosII
Member since 2003 • 16705 Posts

Because unchecked capitalism can lead to unfair distribution of power through wealth, monopolies, resource exploitation, repression of unions, no concern for the environment, and lots of other issues.

Even so, I think capitalism (with regulations) is the best economic system for large countries.

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#9 MrPraline
Member since 2008 • 21351 Posts
k me and sun fulfilled our duties in starting up this clusterf*ck sitting back now
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Bane_09

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#10 Bane_09
Member since 2010 • 3394 Posts

[QUOTE="Bane_09"]

lol

Storm_Marine

Don't be like Droid.

You expect me to take the TC seriously?? Who actually hates capitalism? I for one am very fond of the system as I am sure anyone with any sense is

edit: and also I'm not really sure what you are talking about

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#11 deactivated-5b1e62582e305
Member since 2004 • 30778 Posts

I'd like to know who these people are that hate capitalism. Is Kim-jong Il posting from the grave?

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#12 deactivated-598fc45371265
Member since 2008 • 13247 Posts

Even so, I think capitalism (with regulations) is the best economic system for large countries.

XaosII

What about small countries? :|

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Omni-Wrath

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#13 Omni-Wrath
Member since 2008 • 1970 Posts

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

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Barbariser

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#14 Barbariser
Member since 2009 • 6785 Posts

I would normally call troll for stupid questions like this but you can never know exactly whether or not someone is a delusional right-winger.

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#15 deactivated-598fc45371265
Member since 2008 • 13247 Posts

[QUOTE="Storm_Marine"]

[QUOTE="Bane_09"]

lol

Bane_09

Don't be like Droid.

Who actually hates capitalism?

The people that walk around holding "down with capitalism!" signs, for one.

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Laihendi

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#16 Laihendi
Member since 2009 • 5872 Posts
How is it their money or property? -Sun_Tzu-
If something does not belong to anyone, it can be claimed by anyone. The person who can enforce that claim of ownership is effectively the owner, until he relinquishes it to someone else (charity, trade, etc).
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GreySeal9

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#17 GreySeal9
Member since 2010 • 28247 Posts

Because it's a jerk.

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l4dak47

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#18 l4dak47
Member since 2009 • 6838 Posts
lol.
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#19 HoolaHoopMan
Member since 2009 • 14724 Posts
I don't think people hate free enterprise and the ability to acquire wealth. What they have a problem with is this crony bullshlt and people like Paul Ryan who get hot spicy boners while they read Ayn Rand.
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#20 Bane_09
Member since 2010 • 3394 Posts

[QUOTE="Bane_09"]

[QUOTE="Storm_Marine"]

Don't be like Droid.

Storm_Marine

Who actually hates capitalism?

The people that walk around holding "down with capitalism!" signs, for one.

And as I said before which you edited out anyone with any sense does not hate capitalism. This thread seems like the TC has some kind of persecution complex

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XaosII

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#21 XaosII
Member since 2003 • 16705 Posts

[QUOTE="XaosII"]

Even so, I think capitalism (with regulations) is the best economic system for large countries.

Storm_Marine

What about small countries? :|

Maybe. A small, undeveloped country could probably benefit more from a tighter control of economic systems than capitalism until they get a much more stable economy.

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#22 deactivated-598fc45371265
Member since 2008 • 13247 Posts

[QUOTE="Storm_Marine"]

[QUOTE="Bane_09"]

Who actually hates capitalism?

Bane_09

The people that walk around holding "down with capitalism!" signs, for one.

And as I said before which you edited out anyone with any sense does not hate capitalism.This thread seems like the TC has some kind of persecution complex

OBVIOUSLY.

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#23 deactivated-5901ac91d8e33
Member since 2004 • 17092 Posts
Very few people hate capitalism in terms of private property, but many hate the ideological baggage that comes with it; zero welfare, no socialized institutions other than military and similar idiotic ideas.
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Laihendi

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#24 Laihendi
Member since 2009 • 5872 Posts

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Omni-Wrath
Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?
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dave123321

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#25 dave123321
Member since 2003 • 35553 Posts
Very few people hate capitalism in terms of private property, but many hate the ideological baggage that comes with it; zero welfare, no socialized institutions other than military and similar idiotic ideas.jointed
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#26 Bane_09
Member since 2010 • 3394 Posts

[QUOTE="Bane_09"]

[QUOTE="Storm_Marine"]

The people that walk around holding "down with capitalism!" signs, for one.

Storm_Marine

And as I said before which you edited out anyone with any sense does not hate capitalism.This thread seems like the TC has some kind of persecution complex

OBVIOUSLY.

Now you're just being a bully:(

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#27 Mochyc
Member since 2007 • 4421 Posts
I believe people dislike capitalism because, under capitalism, the rich get richer and the poor get poorer. If you're getting the bad end of the deal then I would assume it is natural that you dislike capitalism. However, I do believe everyone is better off with capitalism. You obviously need regulation, but it is the best system currently available.
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#28 -Sun_Tzu-
Member since 2007 • 17384 Posts
[QUOTE="-Sun_Tzu-"]How is it their money or property? Laihendi
If something does not belong to anyone, it can be claimed by anyone. The person who can enforce that claim of ownership is effectively the owner, until he relinquishes it to someone else (charity, trade, etc).

So just because someone says or "claims" they own something means that they will forever own it unless they say otherwise? Why is that?
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#29 deactivated-598fc45371265
Member since 2008 • 13247 Posts

[QUOTE="Storm_Marine"]

[QUOTE="XaosII"]

Even so, I think capitalism (with regulations) is the best economic system for large countries.

XaosII

What about small countries? :|

Maybe. A small, undeveloped country could probably benefit more from a tighter control of economic systems than capitalism until they get a much more stable economy.

I think minimizing taxes and making foreign investment as easy as possible would be better ideas. The wealthiest countries in the world tend to be small population, extremely business and investment friendly countries.

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#30 deactivated-5a79221380856
Member since 2007 • 13125 Posts
Because public roads are a necessity.
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Laihendi

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#31 Laihendi
Member since 2009 • 5872 Posts
[QUOTE="Laihendi"][QUOTE="-Sun_Tzu-"]How is it their money or property? -Sun_Tzu-
If something does not belong to anyone, it can be claimed by anyone. The person who can enforce that claim of ownership is effectively the owner, until he relinquishes it to someone else (charity, trade, etc).

So just because someone says or "claims" they own something means that they will forever own it unless they say otherwise? Why is that?

You're ignoring the part about enforcing the claim. I can claim some crater on the Moon as my own, but I can't enforce that claim. If some rich guy claims said crater as his own, creates his own space agency, hires astronauts/engineers/whatever else, builds spaceships, builds a small colony at said crater, and moves there with his family, he can enforce that claim of ownership.
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Bane_09

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#32 Bane_09
Member since 2010 • 3394 Posts

Poor Republicans, it's them versus the world and no one understands:cry:

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Omni-Wrath

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#33 Omni-Wrath
Member since 2008 • 1970 Posts

[QUOTE="Omni-Wrath"]

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Laihendi

Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?

Because if there is no minimum wage, companies can lower the wage all they would like. Especially when work is hard to find, companies could take advantage of high demand and make people work at even lower wages.

If you want to consider a nation moral, can you just leave the workers out? Can a moral country let its wokers be chewed up by profit driven countries? No.

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#34 ghoklebutter
Member since 2007 • 19327 Posts
Because it's inherently inegalitarian.
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#35 l4dak47
Member since 2009 • 6838 Posts
[QUOTE="Omni-Wrath"]

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Laihendi
Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?

Lol. read up on history before making stupid statements like this.
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#36 vogelhut
Member since 2005 • 667 Posts

I agree.

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Laihendi

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#37 Laihendi
Member since 2009 • 5872 Posts

[QUOTE="Laihendi"][QUOTE="Omni-Wrath"]

Nothing as long as there is some regulation. The owners are indifferent to the workers and don't mind taking advantage of them, which is why we have minimum wage and employment benefits.

If a nation is going to claim to be moral, then you can't run society as dog eat dog. If you can't even provide HEALTH to your people, can you consider that to be a moral nation. A nation that lets insurance companies decide weather you live or die, a nation that allows your employers to screw you over, a nation that allows class warfare to be inevitable-that can be the very outcome from full blow capitalism.

Omni-Wrath

Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?

Because if there is no minimum wage, companies can lower the wage all they would like. Especially when work is hard to find, companies could take advantage of high demand and make people work at even lower wages.

If you want to consider a nation moral, can you just leave the workers out? Can a moral country let its wokers be chewed up by profit driven countries? No.

Would you define morality in the context of economics? I think that might help me understand your argument.
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#38 1che3zeman1
Member since 2010 • 347 Posts
oh boy
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coolbeans90

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#39 coolbeans90
Member since 2009 • 21305 Posts

Troll thread?

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deactivated-5b1e62582e305

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#40 deactivated-5b1e62582e305
Member since 2004 • 30778 Posts

Troll thread?

coolbeans90

meh.ro7434.jpg

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Omni-Wrath

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#41 Omni-Wrath
Member since 2008 • 1970 Posts

[QUOTE="Omni-Wrath"]

[QUOTE="Laihendi"] Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?Laihendi

Because if there is no minimum wage, companies can lower the wage all they would like. Especially when work is hard to find, companies could take advantage of high demand and make people work at even lower wages.

If you want to consider a nation moral, can you just leave the workers out? Can a moral country let its wokers be chewed up by profit driven countries? No.

Would you define morality in the context of economics? I think that might help me understand your argument.

Hmm, morality is morality. What exactly do I need to define for you? If you read history, you can see how exploited workers used to be. Can you make the claim that it is moral?

If jobs are scarce and there is no minimum wage, what holds the company back from abusing it? Could you claim that to be moral?

Don't get my point wrong. I am not claiming the company to go on some moral crusading, but rather the country to regulate and make sure there are ethics in play.

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#42 deactivated-5f9e3c6a83e51
Member since 2004 • 57548 Posts

Because they suck at it.

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Laihendi

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#43 Laihendi
Member since 2009 • 5872 Posts
Because it's inherently inegalitarian.ghoklebutter
Why is the concept of egalitarianism a good thing? Why are we all deserving of economic equality? Does a part-time cashier at McDonald's deserve to be the economic equal of a very talented and hard-working doctor?
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#44 Mochyc
Member since 2007 • 4421 Posts
[QUOTE="Omni-Wrath"]

[QUOTE="Laihendi"] Why does anyone deserve a minimum wage? Why does one man deserve $7.25/hour to do a job when there are countless other people who are willing to do the same job for less? If someone is offering work for horribly low pay and no benefits, aren't we all free to simply decline the job offer?Laihendi

Because if there is no minimum wage, companies can lower the wage all they would like. Especially when work is hard to find, companies could take advantage of high demand and make people work at even lower wages.

If you want to consider a nation moral, can you just leave the workers out? Can a moral country let its wokers be chewed up by profit driven countries? No.

Would you define morality in the context of economics? I think that might help me understand your argument.

There is no such thing as morality in economics, and that's okay. The world isn't as simple as economics makes it out to be, especially as many amateur (well, also monetarists and classical) economists believe that changes in quantity and price are instant and universal. There are also things such as balance of power that aren't always obvious in the realm of economics. Entertain this thought for example: not many people are going to reject a **** paying job if it means life or death for themselves or their family.
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#45 Mochyc
Member since 2007 • 4421 Posts
[QUOTE="ghoklebutter"]Because it's inherently inegalitarian.Laihendi
Why is the concept of egalitarianism a good thing? Why are we all deserving of economic equality? Does a part-time cashier at McDonald's deserve to be the economic equal of a very talented and hard-working doctor?

Did that part time cashier have the same opportunities as the hard working doctor? Perhaps the cashier lived in the ghetto, where the schools were of bad quality and in an environment that did not promote learning. Perhaps the doctor went to a private school, with tutors galore, and could actually afford med school. People do not start at equal footing. I do not promote income equality. What I wish for is opportunity equality, and this can only be done through intelligent government intervention (ie with minimal wealth redistribution but regulation in key markets).
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#46 deactivated-5901ac91d8e33
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[QUOTE="ghoklebutter"]Because it's inherently inegalitarian.Laihendi
Why is the concept of egalitarianism a good thing? Why are we all deserving of economic equality? Does a part-time cashier at McDonald's deserve to be the economic equal of a very talented and hard-working doctor?

:lol: That's not at all what it's about. It's about creating equal opportunities for people, not paying everyone the same amount.
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#47 Laihendi
Member since 2009 • 5872 Posts

[QUOTE="Laihendi"][QUOTE="Omni-Wrath"]

Because if there is no minimum wage, companies can lower the wage all they would like. Especially when work is hard to find, companies could take advantage of high demand and make people work at even lower wages.

If you want to consider a nation moral, can you just leave the workers out? Can a moral country let its wokers be chewed up by profit driven countries? No.

Omni-Wrath

Would you define morality in the context of economics? I think that might help me understand your argument.

Hmm, morality is morality. What exactly do I need to define for you? If you read history, you can see how exploited workers used to be. Can you make the claim that it is moral?

If jobs are scarce and there is no minimum wage, what holds the company back from abusing it? Could you claim that to be moral?

Don't get my point wrong. I am not claiming the company to go on some moral crusading, but rather the country to regulate and make sure there are ethics in play.

I don't understand what is immoral about setting your own terms for your job offer. If the pay is really so low that humans deserve better, then humans are free to decline the job offer and find another job. If they can't find a job that gives them a "moral" salary, perhaps their expectations for what they deserve are unrealistic.

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Omni-Wrath

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#48 Omni-Wrath
Member since 2008 • 1970 Posts

[QUOTE="ghoklebutter"]Because it's inherently inegalitarian.Laihendi
Why is the concept of egalitarianism a good thing? Why are we all deserving of economic equality? Does a part-time cashier at McDonald's deserve to be the economic equal of a very talented and hard-working doctor?

Does a part-time Mcdonalds worker get paid as well as a doctor? No, your point is moot.

Oh and being a doctor is an extremly hard job, yet they make less than 70x of what a CEO makes. Is that income fairness? Does a CEO work 70 times harder than a doctor?I am not asking for a doctors wage to be increased, but pointing out the disparity.

Does America have an insane gap between the rich and the poor? Has the income disparity increased during the past 20 years? Yes.

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#49 RushKing
Member since 2009 • 1785 Posts
http://www.youtube.com/watch?v=6ArkJmUOIqM This guy does a good job of covering all the issues of capitalism.
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-Sun_Tzu-

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#50 -Sun_Tzu-
Member since 2007 • 17384 Posts
[QUOTE="-Sun_Tzu-"][QUOTE="Laihendi"]If something does not belong to anyone, it can be claimed by anyone. The person who can enforce that claim of ownership is effectively the owner, until he relinquishes it to someone else (charity, trade, etc).Laihendi
So just because someone says or "claims" they own something means that they will forever own it unless they say otherwise? Why is that?

You're ignoring the part about enforcing the claim. I can claim some crater on the Moon as my own, but I can't enforce that claim. If some rich guy claims said crater as his own, creates his own space agency, hires astronauts/engineers/whatever else, builds spaceships, builds a small colony at said crater, and moves there with his family, he can enforce that claim of ownership.

You're adding things to the equation that weren't there before. Now there's a rich guy who wants to colonize the moon. Well, not everyone is rich, and you'd need to be rich to go ahead and colonize our celestial neighbor. Yet you just said that "something [that] does not belong to anyone...can be claimed by anyone." I don't care about the rich man who wants to colonize the moon, what I care about is the money that makes him rich. How is that his money?