Page 2 of 15 FirstFirst 123412 ... LastLast
Results 11 to 20 of 145

Thread: The Gilded Age lead to and cause the Great Depression of 1929a

  1. #11
    Heavy Hitter



    Join Date
    Feb 2013
    Last Seen
    @
    Lean
    Centrist
    Posts
    73,664

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by joG View Post
    All they need do is move to where the jobs are. If you opt to live in the dirt it is not poverty. It is your chosen way of life.
    It takes brains to organize a big move. It takes ambition to actually pull it off. People born without either are not doing so by choice.

  2. #12
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by cuban smokes View Post
    IF the nation survives long enuff, I predict the masses of poor will eventually declare war on the rich ............ similar to 1917 Russia .............
    Or we can opt out. Check out what a (B corporation is) . In addition there are cooperatives happening all across America. Look what the Amish ,the Mennonites and many others can do all on their own. This is not to say we need any religious orthodoxy . But people need to come together. We are starting to. Like I said cooperatives are springing up. Buy Local is another good sign. But I think it's important to note that the workers of the world are the producers of wealth. The rich are the munipulators of wealth. Bartering takes the rich out of the picture. There are many ways to transfer the wealth we create without those blood suckers being involved.

  3. #13
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by Hawkeye10 View Post
    The intelligentsia has failed.

    Do we intend to fix the problem?

    There are huge consequences to not fixing the problem.
    Please explain what you are attempting to say. I fail to see your point. I apologize.

  4. #14
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by joG View Post
    I remember that line of argument from old communists. It does have a pleasant ring about it to the suppressed. It stokes righteous anger and tickles their bellies at the same time. Bestows that wonderful illusion of dignitas.

    Alas, it is muddled and economics tells a different story. Bubbles build on liquidity and fiscal largesse combined with irrational exuberance. They tend to burst, that much is true. But is often, when your barber tells you he has borrowed to make a killing, you have found one of the villains.

    Yes part of the problem was small investors buying on Margin. But surely you have heard of MARKET MAKERS. If I had a million dollars to waist because there is a lot more where that came from. And I didn't really care about who I might hurt so long as I could take advantage of some potential upside. I would find a stock that was way under priced and buy it up. This would undoubtably get the attention of less informed investors who would want to capitalize on what looked like a rising star. I would sit back and wait until those investors bought the stock up and then sell my shares. If I bought a million shares at a dollar a share and sold it when it was at when it got to fifty dollars a share I made 49 million dollars but those other investors are likely to take a beating because they bought on margin and have to pay their debtor back.

    This is totally unethical of course but what's ethics got to do with business? Don't forget not too long ago tobacco company C.E.O.s manipulated the nicotine levels in cigarettes in order to keep people addicted as their own internal documents proved. This was well after it was accepted science that said smoking caused cancer. Those C.E.O.s didn't care about the pain and suffering and ultimate deaths of their TARGETS, they just want to make a little money. That's the American way. They are still at it in America but more so in third world countries. If one can't find the immorality in that, then maybe it's time for Americans to forge their own futures.

  5. #15
    #TruthTellerTribe

    Hawkeye10's Avatar
    Join Date
    Dec 2015
    Location
    Olympia Wa
    Last Seen
    Today @ 08:06 PM
    Gender
    Lean
    Other
    Posts
    33,100

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by Rich123 View Post
    Please explain what you are attempting to say. I fail to see your point. I apologize.
    America is in the ditch deposited here by our leaders, we need better leaders, not getting better leaders carries grave consequences.
    The American Left never had the right to try to control minds or conversations.... that is abuse....and it has to be over.
    Be not cruel, attempt to listen, and dont lie.....Civility Demands
    CONSENT MATTERS!

  6. #16
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by Hawkeye10 View Post
    The intelligentsia has failed.

    Do we intend to fix the problem?

    There are huge consequences to not fixing the problem.
    I think I'm understanding your reply better now. Yes I would say that the intelligentsia has failed to the extent that many Americans are either unaware or unconcerned about where this country has been and could be returning to. Is that what you were thinking about?

  7. #17
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by joG View Post
    There are presently (practically) no poor in the US other than voluntary ones. Itís people that feel poor, because they were told they deserve more. Envy is a motivator for violence. And that stoking that is squarely on Sanderís door Step.
    Negative about the poor and they don't choose to be poor. But this is also about the working class who should be just as entitled to the fruits of their labor as a fat cat who can buy special favors from his favorite representative.

  8. #18
    #TruthTellerTribe

    Hawkeye10's Avatar
    Join Date
    Dec 2015
    Location
    Olympia Wa
    Last Seen
    Today @ 08:06 PM
    Gender
    Lean
    Other
    Posts
    33,100

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by Rich123 View Post
    I think I'm understanding your reply better now. Yes I would say that the intelligentsia has failed to the extent that many Americans are either unaware or unconcerned about where this country has been and could be returning to. Is that what you were thinking about?
    I am talking about the so-called best of the best either not knowing or not caring what right is, about the most expert of the so-called expert either not knowing or not caring what right is, and I condemn the most......by far......those who do know but who dont say anything because they know that if they do their fellow failed intelligentsia members would shut down the gravy train in retaliation for the crime not conforming to the established game plan, which is so much more important than truth to these assholes...for rocking the boat............this taking on water headed for the rocky shallows because the leadership sucks boat, with most everyone onboard either too stupid or too lazy to care about what is coming.

    Hopefully you get it this time, as you are a lot of work.

    I am going to try to remember.
    Last edited by Hawkeye10; 12-29-17 at 08:00 PM.
    The American Left never had the right to try to control minds or conversations.... that is abuse....and it has to be over.
    Be not cruel, attempt to listen, and dont lie.....Civility Demands
    CONSENT MATTERS!

  9. #19
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by RetiredUSN View Post
    Russian citizens never had the same economic and social prospects of Americans.

    There is no comparison.
    Well I agree (retiredUSN) that there were significant differences between the two countries and the workers of those countries. But when you get ten year old children working in Coal Mines and northern Canneries then I would say the dire circumstances were very similar for both those periods of history . I don't speak of the Gilded age as a reference to our current working situation. I bring up that period of American History to demonstrate how corporate giants regarded their responsibility to their work force and it was that total lack of concern for their workers well being that made it necessary for reforms . I also wanted to demonstrate that it's not only the workers who ask for the government to intervene on their behalf, as with the bail outs. Our economy is not pure capitalism and Socialistic economies are not pure socialism. Putin's so called Communism is a far cry from that too. As you can see from recent times our C.E.O.s are the last ones who would want pure Capitalism because they always run to the government when they want bail outs. Hoover thought that the economy had to right itself and we see that things only got worse as a result of his non intervention. The government does have a job to do but We the People are always an after thought in order to sell their give a ways to the rich. Why do the Koch brothers feel the need to spend $15,000,000.00 to sell the G.O.P tax bill to the public if as Donald Trump says it doesn't benefit the rich? Ya there are some average folk who will benefit but many will be hurt by it. But that not even the point. The point is, it was never about us. It was to appease the donors and their corporate special interest. They tacked on the goodies for a few to make it more acceptable to the voters. But we only became visible to them after they figured out how to benefit their rich friends. That's what's wrong with America. "Of the People, By the People and For the People." Sounds pretty.

  10. #20
    Educator Rich123's Avatar
    Join Date
    Aug 2017
    Last Seen
    03-28-18 @ 10:58 PM
    Gender
    Posts
    754

    Re: The Gilded Age lead to and cause the Great Depression of 1929a

    Quote Originally Posted by code1211 View Post
    The choice is not a binary one.

    There can be capitalism supported intelligent regulation. There does not need to be an utter lack of regulation OR a strangling, constricting web of red tape.

    Regarding the part highlighted in RED, this is absolutely rubbish.

    The labor of anyone is just labor. I can dig a ditch and create nothing but a ditch. I can tighten a bolt and create nothing at all. In truth, I may damage both the bolt and the nut with my effort. I might cut a power line digging the ditch.

    Labor creates nothing by itself. It is the organized, wise coordination of and direction of labor by a leader with vision that turns that labor into wealth.

    In the examples above of the ditch or the bolt, the labor could actually be causing damage that is only corrected at a cost. This is the opposite of wealth creation.

    Labor is only labor.
    Your examples are well noted. I should restate that to include, Labor which produces a finished product . Would that be more acceptable to you? The point is, John D. Rockerfeller didn't know the oil business, he was a banker. He hired those who knew something about the business. When I refer to labor I mean it in the general scope of those who produce as in those individuals who J D R would have hired. So in this scenario he J.D. R. did not produce the actual product. It was the efforts of those who he hired which actually produced the desired results. It was they who produced wealth via their efforts. True their efforts needed structure and organization but in any group of people a task leader will emerge if the task is well defined. This is a basic aspect of social psychology. So the only other ingredient needed is funding and we see by the Obama and Sanders example that the people are quite capable of that.

Page 2 of 15 FirstFirst 123412 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •