View Poll Results: Does capitalism force a percentage of a countries population into poverty?>

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  • Yes

    20 33.33%
  • No

    38 63.33%
  • Not Sure

    2 3.33%
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Thread: Does Capitalism force a percentage of the population to live in poverty?

  1. #41
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by reefedjib View Post
    You are kidding right? You don't see that the real wages earned by our poor has grown over the past 200 years? I wish I had the data to demonstrate it. Ok, I found a graph. The bottom 20th percentile has doubled it's income over the past 60 years.

    I don't like that graph as it does not scale in a way that I think is honest.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by reefedjib View Post
    No, my point is that the system is not making them poor.
    We will have to agree to disagree.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Have y'all heard that Obama forced fisheries in Guam to pay minimum wage? The result is that one of the two big companies fishing there, I think it is Sunkist, closed up shop. The loss of jobs has been devastating to the island. The other company is expected to do the same. The Law of Unintended Consequences.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by megaprogman View Post
    We will have to agree to disagree.
    Really? Holy ****. Please explain how Capitalism causes poverty.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by reefedjib View Post
    Really? Holy ****. Please explain how Capitalism causes poverty.
    I already did.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by megaprogman View Post
    I don't like that graph as it does not scale in a way that I think is honest.
    It just doesn't support your opinion, is why you don't like it, mega. Notice it is in 2007 $ so it is in real dollars and adjusted for inflation.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by megaprogman View Post
    I already did.
    I didn't see it. Care to summarize?

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by reefedjib View Post
    I didn't see it. Care to summarize?
    http://www.debatepolitics.com/polls/...post1059005002

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Gabriel View Post
    No they are not but it's pretty close to slave labour.. slaves don't make money at all. Certainly the profit motive.. buy low sell high is associated with capitalism. I mean what company does not have a profit motive? Supply and demand is directly motivated by the profit motive in capitalism. The companies in China are also capitalist.
    No, because again, the profit motive is a pre-capitalist idea and does not alone constitute capitalism. There's nothing wrong with it, but a capitalist system has other elements as well. The capitalist revolution was about creating institutions that favored innovation and economic activism among the masses.

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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by reefedjib View Post
    It just doesn't support your opinion, is why you don't like it, mega. Notice it is in 2007 $ so it is in real dollars and adjusted for inflation.
    It dishonestly shows all groups raising at the same rate because of compounding increases on the scale. If we were to look at the data as it actually it is, we would be looking at steeper slopes for higher percentiles. I didn't weigh in on this specific debate (as I was going on about poverty, not stratification of income, which seems that was something you were chatting with Winston Smith about).

    I believe poverty is something best measured relative to the rest of society and not absolutely though since that is how people generally seem to measure themselves.

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