New Study Finds Wimpy Guys More Likely To Be Socialists
Reading what's in the link, I immediately thought of my lib brother. I have four brothers. The only lib is the second wimpiest.
I'm pretty sure the wimpiest, who washed out as an Air Force recruit, is still a conservative.
At family reunions we don't discuss politics because of the lib.
My most conservative of brothers is not a wimp at all and likes to talk about the lib behind his back.
So far none of my brothers know I'm here in The Gulch. Or at least~I don't think so.
I'm pretty sure the wimpiest, who washed out as an Air Force recruit, is still a conservative.
At family reunions we don't discuss politics because of the lib.
My most conservative of brothers is not a wimp at all and likes to talk about the lib behind his back.
So far none of my brothers know I'm here in The Gulch. Or at least~I don't think so.
BTW, I did not downvote your comment.
I'm not talking about the idiotic national debt. That will never be paid off.
You have it backwards. In Fountainhead the heroic producer was out of a job or working a menial job to make ends meet most of the book. The wealthy business owners were total sellouts, troubled that they weren't producers.
Yes. This is how I understand it too. Spending is needed when there's unused productive capacity. Wealth comes from investing in new factors of production.
Employees are the producers, the doers.
I agree with the rest of your post, but fundamentally I think employees who are doing the work as produces.
Do you agree they must either spend it or invest it? Even if they attempt to "save" it, the banks lend out that money or if they buy precious metals they drive the price up. I don't understand how what we choose to do can be right or wrong.
There is ONLY one way that laissez faire capitalism can enrich a community or nation: The capitalists must reinvest their profits in the community. J Paul Getty understood this when he wrote "How to Be Rich". Not How to get rich, How to BE Rich. But laissez faire means that there is no external compulsion. The capitalists must do so of their own volition. And they used to do so. Many do not do so and there are vast pools of capital that have been siphoned out of the economy thanks to you and me and all of the other consumers doing exactly as we are programmed to do, but these vast pools of capital are NOT being reinvested or taxed. They don't enrich the community. These capitalists have been impoverishing the nation and the communities within the nation because they have been "laissed" to do whatever they wish thanks to trickle down Reaganomics, which has been reinforced since it was instituted and which absolutely FAILS to cause a trickle down, but instead causes a fountain of capital up to the wealthiest corp owners/major stockholders that never re-enters the US economy. THAT is the cause of any stagnation in the nation's economic growth far more than any so called government intervention.
There is ONLY one way that laissez faire capitalism can enrich a community or nation: The capitalists must reinvest their profits in the community. J Paul Getty understood this when he wrote "How to Be Rich". Not How to get rich, How to BE Rich. But laissez faire means that there is no external compulsion. The capitalists must do so of their own volition. And they used to do so. Many do not do so and there are vast pools of capital that have been siphoned out of the economy thanks to you and me and all of the other consumers doing exactly as we are programmed to do, but these vast pools of capital are NOT being reinvested or taxed. They don't enrich the community. These capitalists have been impoverishing the nation and the communities within the nation because they have been "laissed" to do whatever they wish thanks to trickle down Reaganomics, which has been reinforced since it was instituted and which absolutely FAILS to cause a trickle down, but instead causes a fountain of capital up to the wealthiest corp owners/major stockholders that never re-enters the US economy. THAT is the cause of any stagnation in the nation's economic growth far more than any so called government intervention.
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP, usually in per capita terms.
When you say corps I must assume you mean Top Management vs Rank and file. The income disparity is obscene, I would agree with that. The FED 's increase of the money supply many have argued and I agree has caused an asset bubble and part of the strong increase in the value of the DJIA.
"But the question is why does one child have more right to health and education than another?" More Right to health and Education
These are not rights. Just like anything of value it is created. By your way of thinking every child should have a swimming pool in his backyard because some other kids do.
Go to Venezuala
Chavez and Maduro promised to equalize everything to be elected and the result is people starving to death.
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