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Almost as if it's the people at the bottom who create wealth (Original Post) kpete Mar 2020 OP
K&F'nR!!! AMEN!!! (n/t) Moostache Mar 2020 #1
Kickety kick!!!!!!!!!!!!! secondwind Mar 2020 #2
+ 1000! Ohiogal Mar 2020 #3
As if there was any doubt UpInArms Mar 2020 #4
(sarcasm) Socialist! (/sarcasm) MissMillie Mar 2020 #5
this job creator is nothing more than nonsense . AllaN01Bear Mar 2020 #6
It's a bullshit excuse used to justify the 1%'s glomming all the wealth hangaleft Mar 2020 #51
Senator Warren is not going anywhere Tweedy Mar 2020 #60
Whoda thunk! ancianita Mar 2020 #7
Abraham Lincoln: panader0 Mar 2020 #8
Excellent I'm stealing. ALBliberal Mar 2020 #9
Yes, great quote!! blue-wave Mar 2020 #11
As a bricklayer for 40+ years I saw how panader0 Mar 2020 #14
One can conclude that much if not most of the rich are overglamourized leeches n/t DSandra Mar 2020 #59
So ... we really have a Laborist economy, hijacked by ersatz "Capitalists" lagomorph777 Mar 2020 #21
Pretty good summary of Marx"a Labor Theory of Value. grantcart Mar 2020 #32
OMG! Rs would freak out knowing that the best Republican ever panader0 Mar 2020 #40
Like ALBliberal just said, this quote is excellent and I have already stolen it. See my... EarnestPutz Mar 2020 #46
In my understanding, this point is more or less the basis of Marxism /nt al bupp Mar 2020 #50
Oh!! blue-wave Mar 2020 #10
pyramid of capitalist system spike jones Mar 2020 #12
Yup. That's it right there! Not rocket science. FailureToCommunicate Mar 2020 #15
+1000 smirkymonkey Mar 2020 #22
Love this! Thank you. KSNY Mar 2020 #24
I LOVE IT!! PatrickforO Mar 2020 #26
Unlimited ++++ for this DarthDem Mar 2020 #27
Bingo! Newest Reality Mar 2020 #30
Plan B seems to be working just fine so far Backseat Driver Mar 2020 #52
100% true - in a normal circumstance., Firestorm49 Mar 2020 #13
They are the wealth creators...... overleft Mar 2020 #16
Bam! geardaddy Mar 2020 #17
K&R ck4829 Mar 2020 #18
Thank you for clearing that up Bluethroughu Mar 2020 #19
Emergency funds keithbvadu2 Mar 2020 #20
Why, it's corporate SOSH-A-LIZM!! We cannot EVER have no PatrickforO Mar 2020 #25
This. LuvNewcastle Mar 2020 #45
Oh, my goodness! Yes! PatrickforO Mar 2020 #23
Kick burrowowl Mar 2020 #28
Yeah and where REAL tax cuts and relief should happen.... Bengus81 Mar 2020 #29
Yes, got to give them money at 0% so the unemployed can borrow it bigbrother05 Mar 2020 #33
Okay, People! Newest Reality Mar 2020 #31
And The Market is sacrosanct not fooled Mar 2020 #36
Holy, holy, holy! Newest Reality Mar 2020 #38
And... ChazInAz Mar 2020 #44
The forgotten last chapter of Atlas Shrugged DBoon Mar 2020 #34
Well, Newest Reality Mar 2020 #39
Open the pod door, Hal - I'm sorry, Dave. I can't do that, LOL! Backseat Driver Mar 2020 #53
If only the rich would accelerate the construction of factories and resource exploitation NCjack Mar 2020 #35
And if only there were fewer burdensome regulations and government interference not fooled Mar 2020 #37
Meanwhile, how them "Human Factors" working out for yah now, sis! Backseat Driver Mar 2020 #54
Consumer Power! TheFourthMind Mar 2020 #41
The economy is 2/3 consumer spending Cary Mar 2020 #43
As an economics major at the University of Illinois, 1978 to 1982 Cary Mar 2020 #42
Wish I could rec this 100 times. Dem2theMax Mar 2020 #47
kick! PoliWrangler Mar 2020 #48
All national wealth comes from just two sources. Glaisne Mar 2020 #49
Bingo. Lisa0825 Mar 2020 #58
So true. applegrove Mar 2020 #55
Yep. warmfeet Mar 2020 #56
K&R Blue Owl Mar 2020 #57
Hell. Yes. Mike Niendorff Mar 2020 #61
Labor papa3times Mar 2020 #62
Please post the link to the tweet in your OP so I can retweet it. SunSeeker Mar 2020 #63
Reminds me of a painting print wnylib Mar 2020 #64
Described as s romantic painting wnylib Mar 2020 #65
Job creators will just send more jobs to China IronLionZion Mar 2020 #66

UpInArms

(51,278 posts)
4. As if there was any doubt
Tue Mar 17, 2020, 09:22 AM
Mar 2020

... yet, according to the .01%, they made all that money on their very own

 

hangaleft

(649 posts)
51. It's a bullshit excuse used to justify the 1%'s glomming all the wealth
Tue Mar 17, 2020, 06:07 PM
Mar 2020

Just like trickle down is a bullshit excuse to justify tax cuts for the rich.

P.S. The blurb in the OP is the reason I strongly supported Elizabeth Warren’s candidacy and am so despondent about the missed opportunity of electing a president who made going to war over that kind of crap the cornerstone of her campaign.

Tweedy

(628 posts)
60. Senator Warren is not going anywhere
Tue Mar 17, 2020, 10:19 PM
Mar 2020

From the senate, she and others who agree with her, will continue to persist.

President Joe Biden will neither ignore her, nor the millions of other voices calling for sanity.

panader0

(25,816 posts)
8. Abraham Lincoln:
Tue Mar 17, 2020, 09:31 AM
Mar 2020

Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.

Abraham Lincoln

panader0

(25,816 posts)
14. As a bricklayer for 40+ years I saw how
Tue Mar 17, 2020, 09:45 AM
Mar 2020

those who work the hardest get paid the least.
I should have been born into a rich family and would never have had to
do anything.....nah-- I actually enjoyed my work, I am probably healthier
because of it.

EarnestPutz

(2,115 posts)
46. Like ALBliberal just said, this quote is excellent and I have already stolen it. See my...
Tue Mar 17, 2020, 11:56 AM
Mar 2020

...signature line for it's new quote. Thank you very much.

DarthDem

(5,254 posts)
27. Unlimited ++++ for this
Tue Mar 17, 2020, 10:28 AM
Mar 2020

I've never seen that before; thanks. Not much has changed since 1911. Well, things actually did change for a while. But corporations and their enthusiastic backers made sure we got right back "on track," now 109 years later.

Newest Reality

(12,712 posts)
30. Bingo!
Tue Mar 17, 2020, 10:33 AM
Mar 2020

Without the base of the pyramid, it doesn't even go up to the peak. It has to be built on a foundation.

Pull that out and boom, it collapses. Let's watch.

Backseat Driver

(4,377 posts)
52. Plan B seems to be working just fine so far
Tue Mar 17, 2020, 06:35 PM
Mar 2020

A tiny piece of RNA suddenly has rulers (malignant narcissists), foolers (corrupt ass-kissers), and uniformed order followers (medaled TBI'd officers of the line) worried they might actually have to do a few chores themselves to fix their portfolios or, curses, share it to get some of it back; change their complicated snake-oil tunes, scripts, and talking points, and maybe even metaphorically shoot their beloved granny in front of the grandkids that they are trying to protect from all the chaos and trauma while trying to avoid the risk of driving the "bring out your dead" carts. I'm the ghost of promises broken and barely even on the chart. Many will be left with some version of an adjustment disorder that will haunt their sleep and tire their brains. It won't last forever, but then neither will this lesson save any of them from exposure/infection nor will their hateful "cult" worship... For a moment in time, I'm as expensive as I can be on that lower level of existence!

Bluethroughu

(5,134 posts)
19. Thank you for clearing that up
Tue Mar 17, 2020, 10:10 AM
Mar 2020

For those masters of their universe.

We are the makers, they are the takers.

PatrickforO

(14,556 posts)
25. Why, it's corporate SOSH-A-LIZM!! We cannot EVER have no
Tue Mar 17, 2020, 10:24 AM
Mar 2020

SOSH-A-LIZM, but the corporations and billionaires certainly can.

LuvNewcastle

(16,834 posts)
45. This.
Tue Mar 17, 2020, 11:50 AM
Mar 2020

I read today that most businesses only have enough capital to support themselves for about 27 days, hence, the bill Republican Senators are trying to pass right now. They want to give nearly a trillion away to businesses, but they hold up a bill to provide a little bit of relief to ordinary people. They're really pushing things to the limit here, and I think people are about to get fed up.

Bengus81

(6,927 posts)
29. Yeah and where REAL tax cuts and relief should happen....
Tue Mar 17, 2020, 10:32 AM
Mar 2020

Trumps latest BS Fed interest cut so someone can get a new Yacht and a hell of a rate does ZIP for the economy.

Meanwhile Bank Credit cards still running 15/18/25%.

bigbrother05

(5,995 posts)
33. Yes, got to give them money at 0% so the unemployed can borrow it
Tue Mar 17, 2020, 10:45 AM
Mar 2020

There wasn't enough "liquidity" in the financial markets, so the Mango Mushhead had to be sure they had plenty on hand to make a killing from the working class that "do all the living and dying" to keep the economy afloat.

Keeping mortgage rates down don't help a family that doesn't have a steady income.

Newest Reality

(12,712 posts)
31. Okay, People!
Tue Mar 17, 2020, 10:35 AM
Mar 2020

Don't get a all socialist and We The People now as if you just woke up from a capitalist nightmare and see it like it is!!!!

I mean, get with the official program about the meritocracy, hard work, boot straps, (they are out of them right now) etc. Nobody gets to leave The Matrix.

Newest Reality

(12,712 posts)
38. Holy, holy, holy!
Tue Mar 17, 2020, 11:13 AM
Mar 2020

The Golden Calf is our idol. All bow and pause for worship. And now, repeat: Consume mass quantities. AMEN!

Well, it won't be sustainable. Nature has other plans.

That bull on Wall St. seems to be a double entendre as far as what it symbolizes.

Newest Reality

(12,712 posts)
39. Well,
Tue Mar 17, 2020, 11:18 AM
Mar 2020

"They" are working hard on the army of robots. Gotta' hand it to "them". I use quotes more often on missing referents in order to be clear about that.

The question is, what happens to the "humanoid resources" when that comes to pass? That is not a paranoid question, it is really something that needs to be addressed now as we nosedive deep into a 4th Industrial Revolution, after the major Recession for them, Depression for us, that is.

It looks like truck drivers are among the first in line. Playing it down is not working for me because the proposed "new jobs" are not going to mimic the past revolutions in innovation that we have seen. That's just placating people for now.

NCjack

(10,279 posts)
35. If only the rich would accelerate the construction of factories and resource exploitation
Tue Mar 17, 2020, 10:57 AM
Mar 2020

the economy would bounce back -- NOT.

not fooled

(5,799 posts)
37. And if only there were fewer burdensome regulations and government interference
Tue Mar 17, 2020, 11:12 AM
Mar 2020

in The Market...then it would finally be free to work perfectly!!!

Oops, wait...

Backseat Driver

(4,377 posts)
54. Meanwhile, how them "Human Factors" working out for yah now, sis!
Tue Mar 17, 2020, 06:46 PM
Mar 2020

Did you remember to include the "mind" of a few snips of very adaptable RNA in those predictive values and algorithms?

TheFourthMind

(343 posts)
41. Consumer Power!
Tue Mar 17, 2020, 11:20 AM
Mar 2020

This crisis certainly exposes our parasites as being void of capital and intelligence and power. Needs to be a World Consumers Union.

Cary

(11,746 posts)
42. As an economics major at the University of Illinois, 1978 to 1982
Tue Mar 17, 2020, 11:23 AM
Mar 2020

I was taught real economic theory.

And it was my introduction to the depth and breadth of "conservative" sophistry.

The economy, literally, is Consumer Spending + Investment + Government Spending + Exports - Imports. I don't see any "makers and takers" in that equation. Their "makers" will "make" at the point of equilibrium, where marginal profit equals zero. Businesses are price takers, not price makers.

Oddly when I confront University of Chicago economics majors they are wholly unable to engage me in classical economics, supply and demand.

Glaisne

(514 posts)
49. All national wealth comes from just two sources.
Tue Mar 17, 2020, 03:44 PM
Mar 2020

Natural resources and labor. Capitalism is the exploitation of both.

warmfeet

(3,321 posts)
56. Yep.
Tue Mar 17, 2020, 08:06 PM
Mar 2020

We create it, and they take it away. If only there were some type of system, some mechanism, people could use to level the playing field.

Vote November 3rd, your life and your livelihood depend on it.

wnylib

(21,281 posts)
64. Reminds me of a painting print
Wed Mar 18, 2020, 06:32 AM
Mar 2020

I saw once. A well-dressed couple dancing on the beach in the rain while another couple, dressed as servants, stands by holding up umbrellas. Called "The Singing Butler."

IronLionZion

(45,380 posts)
66. Job creators will just send more jobs to China
Wed Mar 18, 2020, 08:18 AM
Mar 2020

Good thing we got all those tax cuts for the rich. It's really helping the economy so much.

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