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

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    20 33.33%
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    38 63.33%
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Thread: Does Capitalism force a percentage of the population to live in poverty?

  1. #61
    Educator Gabriel's Avatar
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Winston Smith View Post
    Yes, but they have no recourse to American law or American standards of fairness in wages or anything else. They provide cheap labor largely because of conditions established by their own government. Neither our corporations nor the critics of capitalism can legitamately claim that such people are stakeholders in our "capitalist" system.
    What's this? Your talking about rights and unions etc? Corporations see these as troublesome things the government does .. intervention. It isn't capitalism that causes fair wages.

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

    Quote Originally Posted by reefedjib View Post
    That's like saying the weather equals the climate. Short term fluctuations don't predict long term outcomes.
    I never said they did. I said there's no guarantee of a good outcome for the poor. I agree that capitalism--real capitalism--lifts all boats. But the more we move to a crony system, the less of that we're seeing.

  3. #63
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Gabriel View Post
    What's this? Your talking about rights and unions etc? Corporations see these as troublesome things the government does .. intervention. It isn't capitalism that causes fair wages.
    Capitalism has never been defined solely by the interests of corporations. The interests of the workers have their place, too. It's only the Marxist idea of capitalism (which unfortunately has been adopted by many conservatives) that holds otherwise.

  4. #64
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Winston Smith View Post
    Capitalism has never been defined solely by the interests of corporations. The interests of the workers have their place, too. It's only the Marxist idea of capitalism (which unfortunately has been adopted by many conservatives) that holds otherwise.
    Again Capitalism is not the cause for fair or good wages. It constantly favors lower wages.

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

    We have had a failure of gatekeepers relied on to make sure that corporations would be operated with honesty, integrity, and in the interests of their owners. Independent auditors became business partners of management. Government regulations were relaxed, and elected officials aid and abet the malfeasance. The elected representatives of the owners, Boards of Director look on with benign neglect.

    David A. Love: Capitalism Is Killing Us
    ~snip
    In the U.S., workers die on exploding oil rigs and in deathtrap coalmines because their regulation-hating employers want to maximize profits. And besides, they say, regulations are dumb. Consumers die from unsafe food because food companies want to cut corners. Just like the Great Depression days when people lacked a safety net, the unemployed, foreclosed and student debtor-prisoners of today are turning to suicide at an alarming rate, with an increase of calls to suicide prevention hotlines.

    The jobless take their own lives at a rate two to three times higher than the general population. That could be a scary proposition in a nation that sanctions the corporate-sponsored proliferation of firearms. Meanwhile, all of this happens in a country where the chronically unemployed number as many as they ever did, yet the jobless are characterized by conservatives as lazy drug abusers that would rather have a welfare check than go to work. Let them work at McDonald's, as Glenn Beck would say.

    In the face of predatory capitalism, totalitarian and other repressive regimes do not have to justify their oppressive policies to their public, and all dissidents face the barrel of a gun. But in the U.S.--which touts itself as the land of opportunity, yet ranks at the bottom of advanced nations in upward economic mobility--years of corporation-friendly policies have gutted the American middle class. The economy was transformed into a casino with no holds barred, and compulsive gamblers threw away the lives of hardworking Americans.
    *Bolded mine

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

    Quote Originally Posted by Gabriel View Post
    Again Capitalism is not the cause for fair or good wages. It constantly favors lower wages.
    Not necessarily. The minimum wage, which I support, actually applies to only a small percentage of workers. This suggests that capitalism is basically a fair system with some injustice at the margins. It's becoming less fair as it becomes less capitalistic and more like the pre-capitalist, law-of-the-jungle arrangements apparently favored by today's corporations.

  7. #67
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Winston Smith View Post
    Not necessarily. The minimum wage, which I support, actually applies to only a small percentage of workers. This suggests that capitalism is basically a fair system with some injustice at the margins. It's becoming less fair as it becomes less capitalistic and more like the pre-capitalist, law-of-the-jungle arrangements apparently favored by the today's corporations.
    Yes nessesarily it does look to pay as little as possible in wages. Libertarians and free market wackos want to get rid of the min wage.

  8. #68
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Quote Originally Posted by Gabriel View Post
    Yes nessesarily it does look to pay as little as possible in wages. Libertarians and free market wackos want to get rid of the min wage.
    Yeah thats a weird stance. I guess some people seem to think we need to have a greater resemblance to a third world ****hole.

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

    Quote Originally Posted by Gabriel View Post
    Yes nessesarily it does look to pay as little as possible in wages. Libertarians and free market wackos want to get rid of the min wage.
    You seem to be confusing "capitalism" with "the employer." The employer, of course, seeks to pay as little as possible. The employee on the other hand seeks to be paid as much as possible. Both are part of a larger system, which seeks a rational wage based on supply and demand.

  10. #70
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    Re: Does Capitalism force a percentage of the population to live in poverty?

    Further if you think that capitalism has increased your wealth you should watch this.. and pay close attention. Particularly about household incomes and personal debt.

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