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Thu Oct 15, 2015, 11:45 AM

CAPITALISM: As American As Apple Pie

9 replies, 2192 views

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Arrow 9 replies Author Time Post
Reply CAPITALISM: As American As Apple Pie (Original post)
kpete Oct 2015 OP
Rex Oct 2015 #1
Bonx Oct 2015 #2
hfojvt Oct 2015 #6
Bonx Oct 2015 #7
hfojvt Oct 2015 #8
Bonx Oct 2015 #9
virtualobserver Oct 2015 #3
deutsey Oct 2015 #4
hfojvt Oct 2015 #5

Response to kpete (Original post)

Thu Oct 15, 2015, 11:47 AM

1. Dam we still get that big of a slice!?

 

I'm shocked! That means there is still a lot of money to be stolen by Wall Street!

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Response to kpete (Original post)

Thu Oct 15, 2015, 12:19 PM

2. The alternative is a big slice of nothing.

I'll take capitalism, thanks.

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Response to Bonx (Reply #2)

Thu Oct 15, 2015, 12:58 PM

6. Uh, no that is a false alternative

reminds me of the Iraq debate where war supporters framed it as a choice between
a) invade Iraq or b) do nothing

There are always a whole bunch of alternatives - capitalist ones. Here's a couple

1. consider capitalism in Switzerland. According to the CIA world fact book, in Switzerland the poorest 10% consumes 7.5% of the national income and the richest 10% has 19%. Compares very favorably to the USA where the poorest 10% only consumes 2% of the income and the richest 10% gets 30%.

2. consider capitalism in the American past. What I call the good old days - before Ronald Reagan.

In 1986, the top 1% got 11.3% of all income, and the bottom 50% got 16.7%

In 2006,. after 20+ years of Reaganomics, the top 1% got 22.1% while the bottom 50% only got 12.5% Seen in pie form here http://www.koch2congress.com/5.html

So there are alternatives to massive inequality besides "nothing for everybody".

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Response to hfojvt (Reply #6)

Thu Oct 15, 2015, 02:15 PM

7. And all of the alternatives you posited include capitalism.

Which isn't in disagreement with what I posted.

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Response to Bonx (Reply #7)

Thu Oct 15, 2015, 03:55 PM

8. no

because you implied that massively unequal distribution was the only alternative to - universal poverty.

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Response to hfojvt (Reply #8)

Thu Oct 15, 2015, 04:56 PM

9. You could interpret it that way.

If you're really want to disagree with me.

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Response to kpete (Original post)

Thu Oct 15, 2015, 12:19 PM

3. Mmmmmmmmmmmmm....

 

now I want pie........and I want more than 20%

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Response to kpete (Original post)

Thu Oct 15, 2015, 12:25 PM

4. It's also made mostly with rotten apples. n/t

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Response to kpete (Original post)

Thu Oct 15, 2015, 12:36 PM

5. that would appear to be wealth distribution not income

but I am happy to see the other 19% included as part of the problem.

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