China's Real Estate Market Collapses
Failure is not an option in China. Government to rescue. I think rule number 1 of free market, let…
I wish that slogan had never been invented, Failure is always possible. Agree that there will be wi…
@Patriot-#1776Constitution3mos3MO
I don't understand what on earth you mean by that, but I actually hit the bullseye with that comment.
@9CJ6CB63mos3MO
The brute force and legalized plunder is the unequal treatment of workers in other countries that extracts wealth from the poorer nations, which fuels welfare states while people claim that the welfare states themselves are the problem rather than how it’s made in the first place.
@Patriot-#1776Constitution3mos3MO
By "legalized plunder" I was referring to taxation, and by "brute force" I was referring to political power – the legal privilege of using force on innocent people – which corporations do not have, but government does.
@9CJ6CB63mos3MO
Taxation is common and a nearly universal practice, it’s especially necessary under capitalism to hold corporations back a bit from exploiting the nation they’re inside of. One big problem is that it doesn’t really fix international companies at all, and just leads to unequal exchange on the world stage, alongside wage slavery in poorer countries to compensate for moral treatment of domestic workers. Everyone gets mad no matter what capitalism does, and the sheer economic power of companies often outdoes the political ability of many government to influence outside nations, creating the “empire” that is corporate exploitation.
@Patriot-#1776Constitution3mos3MO
Just because something is "common" or "nearly universal" doesn't make it right. Slavery was "common" and "universal" for thousands of years and it was only until the Founding Fathers that any noticeable number of people or any importance thought to question it. Taxation does nothing to hold back big corporations, all it does is shrink their profits, thus minimizing the products they can produce, the people they can employ, and the innovation they can drive. Economic transactions like employer-paying-employee-for-working benefit both sides, clearly… Read more
