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Thread: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would Stay C

  1. #151
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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    The arrogance of your statement is astounding.
    ... America's wealthiest individuals and top financial institutions have trillions in under utilized wealth parked overseas in foreign accounting firms. Trillions that would be much more efficiently utilized by middle class consumers. I feel comfortable with the statement.

    I see, so directed wealth transfer is what you want? Is that what you are saying?
    Wealth redistribution has its uses, but its efficacy for this type of thing is somewhat limited. In this case, tasking corporations with mandatory wage increases and job creation quotas would be a more effective solution. The former exists as the 'minimum wage' while the latter has never been seriously attempted outside the municipal level. Another (although less desirable) option would be socialize key segments of industry (the European solution).

    Increasing wages for anyone below the executive rank is accompanied by all sorts of complications that corporations prefer to avoid, with the result being that pay raises can lag for decades. However, just as grinding your teeth (a harmless action in its own right) causes stress which, over long periods of time can cause considerable damage to your teeth, withholding wealth from the economy also cause complications over long periods of time. Over reliance on debt (public and private), lack of equity, etc.

    The basic problem is that after meeting all of their fiscal goals for the quarter (wages delivered, shareholders paid off, distribution expenses taken care of, businesses operations expanded to new territories, etc), corporations prefer to wait for signs of life before choosing to do anything else with the money that is left. This is particularly the case if they are looking at a market whose growth has capped or if it is an aspect of business with which they are unfamiliar. As such, the safest fiscal option is to set excess fiscal profits in a foreign accounting firm where it won't be taxed.

    The result is that nothing gets done, nothing gets made, and people turn to welfare to make ends meet.
    Last edited by Morality Games; 04-06-14 at 06:30 PM.
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  2. #152
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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by TheDemSocialist View Post
    Read more: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would Stay Cheap - Business Insider

    Whose says we arent ran by corporations? This is more proof that corporations dominate our politics not only at home but overseas. Welcome to America [/FONT][/COLOR]
    That's why Libertarianism is important. In a Libertarian US, tax dollars couldn't be used by corporations to influence foreign govts. to change their laws.

  3. #153
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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by Moot View Post
    Without jobs, there is no economic growth.
    Economic growth in the US is also stifled by the IRS, which collects taxes to help corporations lobby other govts. to make laws suitable for them.

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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by solletica View Post
    That's why Libertarianism is important. In a Libertarian US, tax dollars couldn't be used by corporations to influence foreign govts. to change their laws.
    they would just literally run the country barbecue there will be no regulations against them.


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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by TheDemSocialist View Post
    they would just literally run the country barbecue there will be no regulations against them.
    Liability laws would still be in place, and unlike now, actually enforced by residents w/tanks and automatic rifles.

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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by solletica View Post
    Liability laws would still be in place, and unlike now, actually enforced by residents w/tanks and automatic rifles.
    Residents with tanks and guns? Gonna prop up militias everywhere? Gonna get enough apathetic Americans to actually care about what goes beyond their reality TV shows and NFL games?


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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by TheDemSocialist View Post
    Residents with tanks and guns? Gonna prop up militias everywhere? Gonna get enough apathetic Americans to actually care about what goes beyond their reality TV shows and NFL games?
    Some business will offer them a deal: for every oil polluting CEO they kill, they get a free keg, and 2000 hrs. of free cable, including the sports channel.

    The killing or the deal wouldn't be illegal since it would be enforcement of the liability law.

  8. #158
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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by solletica View Post
    Some business will offer them a deal: for every oil polluting CEO they kill, they get a free keg, and 2000 hrs. of free cable, including the sports channel.

    The killing or the deal wouldn't be illegal since it would be enforcement of the liability law.
    So the people are generally gonna stop monopolies? Why didnt that work out so well during the industrial revolution?


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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by TheDemSocialist View Post
    So the people are generally gonna stop monopolies? Why didnt that work out so well during the industrial revolution?
    Because the Industrial Revolution occurred in a non-Libertarian environment, where the federal govt. acted as an enabler in favor of the large industries of the day (i. e. railroads, oil) instead of a neutral mediator. . .

    High protective tariffs were enacted to shield American business from foreign competition.
    .
    .
    .
    Millions of dollars and acres of land were granted to corporations. . .

    http://www.digitalhistory.uh.edu/tea...fs/unit7_1.pdf
    In a pure free market, there are no tariffs and no granting (giving away) of land by the govt. Land has to be bought from private individuals who own it.

    Historically, the Natives were the rightful owners of that land, yet it was stolen from them by invaders and then subsequently given away by the govt. to people like Rockefeller, Carnegie, etc. FYI, theft <> free market.

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    Re: WIKILEAKS: U.S. Fought To Lower Minimum Wage In Haiti So Hanes And Levis Would St

    Quote Originally Posted by solletica View Post
    Because the Industrial Revolution occurred in a non-Libertarian environment, where the federal govt. acted as an enabler in favor of the large industries of the day (i. e. railroads, oil) instead of a neutral mediator. . .
    And so in a libertarian environment thats gonna stop it how? Wouldnt it just lead to more monopolies? Hell it was the people who rose up and called for the state to stop these practices (monopolies)...


    In a pure free market, there are no tariffs and no granting (giving away) of land by the govt. Land has to be bought from private individuals who own it.
    Which will lead to powerful corporations conglomerating more and more creating monopolies..


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