Bwahahaha! Progressives in EU try to tell Reality how it works
I wasn't sure whether to put this under humor or economics. Its hysterical that these people think that capitalism is the problem.
“If we don’t invent a new capitalism, absurd economic solutions will win over and sweep us straight into recession’’
What they should be realizing is that it isn't capitalism they are criticizing, but the social welfare state which is drowning them. This is evident because the goals are:
"His grand ambitions also involve combating income-inequality, empowering governments to intervene in the economy, and forcing companies to be socially responsible and share more of their profits with workers."
So your solution to the crapitalism you practice is to add more government crap to the equation? That sounds like a winning strategy - in your own mind. How about you try it while I pull up the popcorn and watch your nation melt down into another Venezuela!
“If we don’t invent a new capitalism, absurd economic solutions will win over and sweep us straight into recession’’
What they should be realizing is that it isn't capitalism they are criticizing, but the social welfare state which is drowning them. This is evident because the goals are:
"His grand ambitions also involve combating income-inequality, empowering governments to intervene in the economy, and forcing companies to be socially responsible and share more of their profits with workers."
So your solution to the crapitalism you practice is to add more government crap to the equation? That sounds like a winning strategy - in your own mind. How about you try it while I pull up the popcorn and watch your nation melt down into another Venezuela!
There's that imbecilic phrase again. Please explain to me why a neuro-surgeon who put in over a decade of hard-core education and training should earn only as much as a retail clerk? Politics of envy all over again.
I understand your point, in general. I just note that doctors, more than others use government to establish a monopoly and inflate their wages. Doctors self accredit and self select how many there will be. Few other professions get away with that. Perhaps one can argue ASME boiler codes, civil engineering building codes and the NEC are similar for engineers, but they not self-regulated monopolies.
With regard to “wait until I need one”, don’t go there with me. I had a bicuspid aortic valve, in my 30s, playing soccer competitively at any level. I was offered two options by a couple a cardiologists and surgeons. I didn’t like either, so I did my own research. After some evaluation, I found the Ross Procedure, developed for children. It looked perfect. My cardiologist had not heard of it. Found a doctor that did it and interviewed him (he was great). Interviewed a doctor (Cheif of Cardiac Surgery at Yale) recommending a mechanical valve (recommended for young patients). He tried to talk me out of it, but his reasons were not sound, just noise. I cross checked his arguments with the first guy, and found them very silly. I went with the Ross Proceedure. I was back playing soccer in 8 minutes weeks. I still play, 20 years later. No drugs, no reoperation, no issues. If I had left it to the great and powerful doctor government-forced monopoly, I would have a mechanical valve, and be a hemophiliac on Coumadin the rest of my life. (There are no hemophiliac “Thor’s”).
Then I went through two hip surgeries, similar, but not as bad. (Of course now I have a nurse as a wife and an very successful orthopedic surgeon as my brother in-law to help advocate for me).
Now I’m having a similar issue with a foot surgery to the heart surgery.
Doctors are useful. There is no way it takes eight years plus residency to learn what most of them do. This is just professional hazing. Their AMA self certifying, monopoly is one problem with health care cost. They are NOT good critical thinkers.
I was just reading about AgNO3 as a cauterizing agent.
So is that silver nitrate or silver nitrite? I always forget which is NO2 and which is NO3... Chemistry was not my favorite subject...
I have a theif swiping quarters (for soda) from my office. I was looking to get some indelible evidence who it is. Silver Nitrate causes the fats in your skin to turn black, and they can’t be removed. Just have to wait for skin to wear off.
The nation that gave us the word entrepreneur and Frédéric Bastiat, author of
the broken window fallacy, and candlemakers seek protection against the sun.
etc.
File under- Tragedy.
He became a billionaire by capitalizing on his "pull" in the carefully constructed bankster cartel. Of course, Bloomberg preaches ways to destroy any semblance of free market competition. Only his godly kind can make decisions for everyone else, and impoverish everyone else with every decision.
NO MORE LOBBIES...NO MORE UNIONS...NO MORE POLITICAL COLLUSION'S!
As for inequality...Mark Hamilton had a plan that would make every employee an entrepeneur and take a share of the profits...the business would be divided up into profit making units and the CEO's would be required to know all parts of the business and create value as well.
The other problem is Education...kids have No skills, no knowledge and no ambition...that Has to Change.
Then management changed hands and one of the first things that went out the door was profit sharing for the peons. Only managers were eligible and the overall payout was much smaller. Only a couple of years later and it was further restricted just to Vice Presidents and up. And during this time we began to see productivity at HP decrease. Ingenuity also decreased because the new management changed the rules on how IP worked and fewer engineers were getting credit for their patented work (another family friend had nine patent plaques on his office wall). And pretty soon, instead of being ranked the best place in the world to work, they weren't on the top 100.
I'm a big believer that if you want a company with great employees who are willing to push business forward, incentivize them based on overall profitability. When employees are putting green in their pockets, they'll also be putting money in yours as the owner. You can also bet that they won't put up with safety violations, crude language toward co-workers, harassment, or anything else because they will have a personal stake in the outcome. And its amazing what that little something can do.
"France is sounding an alarm for the world’s advanced economies": capitalism is tearing them apart.
President Emmanuel Macron and his Finance Minister Bruno Le Maire are using France’s presidency of the Group of Seven to argue that the system fuels inequality, destroys the planet and is ineffective at delivering goals in the public interest. The country has already experienced some of the fallout firsthand in the Yellow Vest movement that erupted late last year."
Macron is the worst puppet to deliver on his masters' edict. Which is globalism. He loved Obama now in a bind to find a way out of destruction.
He thinks he can sell that it is capitalism which is at fault not the ingrained socialist rules France is well known for.
Macron will make sure it's never going to happen.
Thinking of it: the French have been electing these nitwits like Holland and Macron. They have to eat the cake they wanted.
Macron does not fit.
The European elite was attempting to pull an Obama in France.
Same global backing. except that the US had the buffer to tolerate a Marxist nitwit which apparently is too much of a strain for a country like France.
Macron will disappear in the archives of history, but for the time being he serves the EU bureaucrats like the drunken Juncker well.