View Poll Results: Do the wealthy have too much power in the United States?

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Thread: Do the wealthy have too much power in the United States?

  1. #191
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Henrin View Post
    So what would you do? Would you keep your operations in America even if there was cheaper labor elsewhere?
    I've always heard that good business owners exist who will want to pay laborers a somewhat honest wage in comparison to the value they produce, I know they do exist, almost always small businesses, but are you telling me business owners, by nature, always look for the cheapest labor to produce more profit for themselves? Interesting news.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    The issue with this is, saving a couple thousand dollars in order to get privatized education is nothing to hoarding billions of dollars and purposefully not distributing food to make sure a profit is made. I donate to charities whenever I can that help deal with hunger, but when you live in a system where you need to acquire money to buy what is needed to live from those who sell it for profit.. well, the world sucks.
    What's different? Someone is out there starving although he/she would not be starving if he/she had your couple thousand dollars. Whether it be thousands or billions, the same crime is being committed (of course, according to your logic).

    If you have a better system, please do share. Capitalism is not perfect (then again, what is?) but what we call capitalism today (which is very, very different from what was called capitalism in Smithian times) is a culmination of all we have experienced in history. I would be very interested in this revolutionary idea which you have that is better than what we have today.
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  3. #193
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    I've always heard that good business owners exist who will want to pay laborers a somewhat honest wage in comparison to the value they produce, I know they do exist, almost always small businesses, but are you telling me business owners, by nature, always look for the cheapest labor to produce more profit for themselves? Interesting news.
    I'm telling you that it's good business. Why would I pay someone fifteen dollars an hour when I can pay someone three dollars an hour for the same work? It just doesn't make any sense to pay twelve dollars more than I need to.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by MildSteel View Post
    Although he can give a good speech, he doesn't appear to me to be an effective salesperson. That's one problem that he has. Not only that, I think he made the mistake early on of trying to please everybody.
    my guess is that he thought that it was possible to build a bipartisan consensus to solve major issues at first. it's going to take a long time before everyone accepts that the system itself needs significant changes, and that a new and optimistic politician might not be enough.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Henrin View Post
    I'm telling you that it's good business. Why would I pay someone fifteen dollars an hour when I can pay someone three dollars an hour for the same work? It just doesn't make any sense to pay twelve dollars more than I need to.
    So you admit capitalists can care less about how much they pay their laborers? Thanks for the support Henrin, as always.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Helix View Post
    my guess is that he thought that it was possible to build a bipartisan consensus to solve major issues at first. it's going to take a long time before everyone accepts that the system itself needs significant changes, and that a new and optimistic politician might not be enough.
    The problem is systemic. And one of the biggest problems is that it gives far too much power to those with wealth. Obviously they will have some, but what we have now is much too distorted.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    So you admit capitalists can care less about how much they pay their laborers? Thanks for the support Henrin, as always.
    Tell me, would you pay fifteen dollars for a product when you can get the same product for three dollars?

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Dovkan View Post
    So you admit capitalists can care less about how much they pay their laborers? Thanks for the support Henrin, as always.
    the problem is you have an unrealistic view of society and economics. It might be why you are stuck raging against the system rather than doing well in it. but the fact remains, labor is a commodity. If I ran a company that used lots of steel, I'd go out of business if I paid 20 dollars more per pound of steel than my competitors. If I am a delivery company, I'd go out of business if I paid 3 dollars more for a gallon of fuel than other delivery companies. and If I pay 10 dollars more an hour for the same quality of labor as my competitors I will also go out of business.

    and you can argue that some workers are underpaid but that is based on your subjective views rather than the reality of the marketplace
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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by Henrin View Post
    Tell me, would you pay fifteen dollars for a product when you can get the same product for three dollars?
    You're now calling people, laborers, products. No wonder people fought so hard against the minimum wage, labor unions.. Henrin, you're not helping the "good" of capitalism I'm always told about.

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    Re: Do the wealthy have too much power in the United States?

    Quote Originally Posted by TurtleDude View Post
    the problem is you have an unrealistic view of society and economics. It might be why you are stuck raging against the system rather than doing well in it. but the fact remains, labor is a commodity. If I ran a company that used lots of steel, I'd go out of business if I paid 20 dollars more per pound of steel than my competitors. If I am a delivery company, I'd go out of business if I paid 3 dollars more for a gallon of fuel than other delivery companies. and If I pay 10 dollars more an hour for the same quality of labor as my competitors I will also go out of business.

    and you can argue that some workers are underpaid but that is based on your subjective views rather than the reality of the marketplace
    Call it what you want, and hint that 80% of human beings living on less then $10 a day as needing to try harder all you want, the fact is, capitalists always search for the cheapest labor, always look to pay the lowest wage, that's why we struggled for the minimum wage, labor unions, factory safety laws, child labor laws, etc.. The issue with that is, I always hear about the beauty of competition, but, if doing better in competition involves exploiting laborers at a dramatic level to produce more profit, E.G. Sweatshops, how is that good? Workers are underpaid in the majority of the world, if a sweatshop worker produces $100 in clothing in an hour and gets paid pennies, I don't see how that's not underpaid.

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