/biz/ - Business & Finance

>>16412678
Ignorant white liberals all think that socialism means equality, when in reality, socialism means that even fewer 0.1%ers control all the wealth while everyone else is "equally" poor.

All the soclalist countries have the largest wealth inequalities in the world, by far.

You white faggots pushing for socialism are ignorant, spoiled, sheltered fools who dream of getting free shit for doing nothing.

>>16412678
>as an economist
>pseudonymous twitter account with cartoon profile picture
God I hate commie pseudointellectuals so much.

>>16412678
The billionaires will die anyway.

>>16412703
>You white faggots pushing for socialism are ignorant, spoiled, sheltered fools who dream of getting free shit for doing nothing.
Nothing wrong with that, nigger.

>>16412678
>billionaires let their money sit idle

>>16412678
End the Fed, deport all Jews, niggers and lefty faggots.

>>16412703
I like national socialism without the socialism part.

>>16412780
Isn't investing in equities pretty much doing just that?

>>16412715
It's a joke you fucking autist.

Goddam it why do you people not acknowledge you have a problem? You guys have serious cognitive deficits but you keep intruding into conversations.

>>16412862
i really hope i never see these retarded images on people's bumpers

>>16412678
Commies don’t know how to do math. And they don’t know the difference between wealth and income. Let’s say there are a trillion dollars of wealth that you take form the billionaires. That’s only $3000 per person for one year. What are you going to do next year and the next year?

>>16412780
They do. You think they have billions invested in muh index funds? Lol

>>16412898
Try reading warren's wealth tax proposal. It isn't the grug brain strawman of "take all teh wealth right now!!!" that you're making it out to be.

Nor is raising taxes on billionaires "socialism" in any way, shape, or form

>>16412898
Without the rich stealing everyone's surplus labor we can all be millionaires. Read Marx, he explains it.

>>16412914
>more stupid strawmen because there is literally no good argument against taxing billionaires more

>>16412923
We need to stop the billionaires from being richer than me. It's very offensive and bigoted

>>16412914
If everyone is a millionaire, then no one is a millionaire.
Mansa Musa was the richest man who every lived, he went around giving gold to everyone for free. It destroyed the economy, and simply things like a chicken would cost millions of dollars worth of gold.

>>16412923
If you combined the wealth of all the billionaires, you would have 2.5 trillion dollars. Which is enough money to run the federal government for 8 months.
And you want to give even more money to the federal government?
It will vanish without a trace.

>>16412911
>Nor is raising taxes on billionaires "socialism" in any way, shape, or form
you sound super logical and fun.

>>16414058
You hate poor people.

>>16414069
I already addressed that retarded strawman in this very thread. (>>16412911) Like I said, there are no arguments against taxing billionaires more.

>>16414058
>>16412898
>>16412780
>>16412715
>>16412703
>"We NEED you to struggle to pay bills working all your life away while a few people who inherited their money from old slave labor money buy islands and fill them with 10 year olds to fuck or else the economy will collapse!"
Convinient.

>>16412703
How is insuring people can eat and live without being forced to work a bad thing you retarded nigger

in a world where you cant go out and live in the woods without being actively suppressed by govt you should be forced to wage slave in order to keep a roof over your head

>>16414094
everyone does

>>16414101
Kys commie

>>16412914
You have never read marx. You wouldnt even read the foreword. Kill yourself faggot

>>16414109
>How is insuring people can eat and live without being forced to work a bad thing you retarded nigger

Resources to keep these people alive have to come from somewhere. If the person doesn't work, that money will have to come from other people's pockets, i.e theft.

>>16414129
>t. Cucky trump voter who thinks he's somehow owning the jews and libs despite doing exactly what they want

>>16414121
>>16414130

If I'm poor why is that not your responsibility? Capitalists have no answer for that and it kind of scares me.

>>16414136
or maybe we can just divert some of the money that's already being taxed. or are you in favor of sending it all to israel?

>>16414098
>Hey guys you should totally read Warren's tax plan and tax the billionaires! Shes even gonna dump millions of migrants in our country to improve our diversity!

Listen I'm fine with keeping a tax on billionaires, but really? You think an elitist white women who claims herself to be some Indian is gonna do that? Your honestly a fucking asshat if you think she's the best choice for that and this is what people believe now then I hope that some anarco capitalist comes along and makes the poor suffer even more.

>>16414177
The point is to read her wealth tax for an example of a good way of doing it, rather than the retarded strawman cuckservatives use which is some variant of "take all their wealth right now and give it to everybody as a single one time check, wow, that's not a lot of money now is it? better not tax billionaires!!!"

>>16414136
>Keeping people alive
Ok now see that's were I don't care.

Let's say we kill them, give out the money. People will naturally compete with eachother, and and elite will emerge once again, the elite will accumulate wealth and pass it on to the next generations etc.
So can we just skip this shit?

>>16414156
t. antfia kike commie shill

>>16414212
take your meds, boomer

>>16414199
>we need taxes for the rich
>so we can give more gibs to
>its only fair!
>just read it goy!

>>16414211
>Let's say we kill them, give out the money.
third time this strawman is referenced in this thread. you retards seriously don't have any arguments

>>16414199
But I don't want to give everybody money. Because if I give money to the poor then they'll stay poor and because I honestly don't give a shit if some poor nig nog/white trash family is living in a shit stall apartment. I rather have a system that paves the way for innovation, competition and cheap production do that the poor end up surviving on there own and not be fat lazy shitheads.

>>16414217
>t-take your meds

>>16412862
National socialism is the most based system and you are a retarded boot licker of the jews

>>16414242
>hurr durr i want poor people to die cuz im selfish and thats a good thing cuz im libertarian
this boring and dumb "philosophy" is not going to fly in 21st century america.

>>16414244
>Pod living!!!

>>16412703
"no"

>>16414149
it's partially on me, since i've done better than you in the marketplace, but at the end of the day i want you dead. spending resources on those who cannot keep up with the rest of the pack is detrimental to the species.

>>16414271
see: >>16414259

>>16414259
It flew in the 20th century and the century after that all the way to the founding. Because of capitalism we've created a society that almost no one the past 1000 years could ever dream of and your saying that I should replace that with a system of wealth distribution pushed by the same people your looking to tax?

>>16414136
>Resources to keep these people alive have to come from somewhere. If the person doesn't work, that money will have to come from other people's pockets, i.e theft.
your acting like we live in a hunter gather society. mechanization of labor means that one person can produce over 100x what they themselves would need to survives, a large percentage of the actual work people do is relatively worthless and only exists because they need to work in our current society. there is no excuse for being unable to provide the basics for everyone at no cost.

>>16414259
>NOOOOOOOO!! PACO, RAKESH AND TYRONE AND ALL THESE MENTALLY ILL LGBTQ RAINBOWS ARE BEING SUPPRESSED THEY ALL DESERVE THEIR EQUAL AND FAIR SHARE ITS ONLY RIGHT!!!!!!
You commie faggots crack me up

>>16414280
just wait until this country deals with a real conflict.

Name the twelve people.

>>16414286
This. Everyone is provided the basics and can then compete for luxury goods. This is the future.

>>16414448
but id prefer that those who dont contribute to the society die

>Strawmanning any taxes on the rich as soiboy socialism
>muh muh muh
>posting numale open mouth wojaks in response to anyone saying something you disagree with
>if you believe this you're stupid
>if you think she has any good ideas you're stupid
>no fucking arguments in the entire thread other than one guy saying it's not as bad as everyone makes it out to be
Fuck, /biz/ is so toxic. The people posting here must be delusionally radically right wing or unironically paid psyops shills.

>>16414448
Are you retarded, this is called minimum wage

>>16414483
like you, when most work is automated and only technical and creative geniuses can contribute to society in a meaningful manner. (Protip: you're neither)

>>16414149
>>16412914
>>16412985
>>16414094
Good satire.

>>16414493
They probably do it unpaid. It's all stormfags and especially reddit tourists from 2015 onwards when r/incels and r/the_donnald got banned

>>16412678
>Doesn’t understand that banks loan out their deposits
Okay retard

>>16414483
nobody cares what you prefer

>>16414519
>the basics
>minimum wage
pick 1

>>16412703
Nigger

>>16412678
>let it sit
Money doesn’t sit you fucking ignorant retarded leftists who comment on economics yet can’t calculate %

>>16412678

idiot pic who thinks he understands economics but really don't. it's not about the paper money distribution pie but the consumption pie. if you take the billionaires money and spread it to the middle class, people will barely get richer in the short term as prices wil inflate accordingly, and poorer in the long term as generally less resources will be invested to increasing produce. warren buffet, who as of now, has only consumed like a normal person, has done nothing to make people poorer, very much the opposit. if i would suddenly have 1000 trillion dollar duped in the bank it wouldn't make anyone else poorer idiot.

/t. biz guy who turned 2k into 5m

>>16414553
Agree, minimum wage is assuming work, which there will be less work available going forward but more work being done, meaning profits would need to be at least in SOME amount distributed in order for there to be any meaningful demand for what would become surplus goods.

Basically, as crazy as it sounds, the concept of "earning" things needs to dematerialize from culture bit by bit. The boomer mindset of hauling up your armsleeves is unsustainable as more and more robotics are automating more and more manual labor.

What will be in demand though are engineers, for probably ever, until AI is good enough to be our engineering and R&D and can build little robot arms to do our repairs and shit.

>>16414493
>toxic

>>16414625
Larping as a millionaire is not an argument

>>16414635
>if I ignore his post, say he used a soiboy word, and give him the response he was calling out, I bet it will be based and funny and ironic :)

>>16414286
The machine designs itselfs and comes from thin air

>>16412872
How does their relative wealth keep increasing then? Jewish mysticism?

>>16414657
hehe newfag you have to go back

>>16412901
Yes, along with tons of other financial instruments, businesses, real estate, everything. They'd only hold cash if they were keeping their powder dry because they thought a new opportunity might roll around. That is if they wanted to stay rich.

>>16412678
Listen her you little cuck. You do understand how money is made right? Fucking understand how the economy works and how stocks work before you change an entire system of government. Fuck you and your retarded idea of how money is a powerful goldmine NPC retard. I wouldn't say this anywhere else. What we should be doing is taking the federal reserve out of the picture and trading with gold. You retards will never do it though because you're too uneducated and docile. Get yourself together commie consumerist.

>>16415096
Ok boomer

>>16412678
Central Banks are the problem. Their monetary policy is what drives capital into the stock market where it stays making the very few who own the majority of stocks rich instead of being used to create businesses, drive economic activity to benefit us all.

>>16412678
are they literal retards? surely someone who is smart enough to make that much money knows that the best way to stay wealthy is too help the economy you're wealthy from?

>>16414775
"you have to go back" is also not an argument

>>16412703
Perhaps you've heard of this thing called "AI" that's fucking literally taking over? making jobs obsolete were literally 20 years away from having that fucking mess vestowed on us, and it's inevitable that 50% of us will be unemployed by 2040 just ask any low tier lawyer why they can't find a job and they will answer you with "because AI forced me out"

>>16412911
>>16414098
Edge cases like having a net worth of 50m worth of Dentacoin or some other shitcoin at the end of 2017 and then having those coins become worthless over the next year could entirely wipe out someone's wealth, even without taking into account capital gains taxes.
Also from the first result from Google: "$100 billion a year is not much gain for the headaches of annually evaluating the value of nonliquid assets like patents and family-held businesses, which the IRS already finds maddening for estate tax purposes."

>>16412914
I know this is bait, but why does everyone deserve to be a millionaire? Why should a dumb nigger have the same net worth as someone who worked hard?

>>16415480
>Also from the first result from Google: "$100 billion a year is not much gain for the headaches of annually evaluating the value of nonliquid assets like patents and family-held businesses, which the IRS already finds maddening for estate tax purposes."
you're a cuck if you accept this "it's too hard guys :(" from the fucking IRS, kek

Wealth taxes are anti-Semitic. You don't wanna be a nazi right goy?

>>16415255
People have been bitching about technology taking away jobs for literally centuries. Look at the cotton gin

The demand for labor will shift towards new markets like it always has

>>16414493
kys you absolute fag

>>16415806
>there's totally no difference between the cotton gin and AI/advanced robotics. Nig nogs and grug brains, the vast majority of society, will definitely still be able to find some kind of job to do.

>>16412703
You are conflating socialism with dictatorships like Russia, Chile, Venezuela, Iran, etc. All of these countries only use socialism as an excuse to centralize power, subsequently the wealth inequality is extreme because the dictators subsequently make the people eat dirt while they steal money through corruption. Actual "modern socialism" is Europe where there is a strict set of laws that prevent corruption, businesses and corporations are taxed APPROPRIATELY, and generous social welfare (medicine, unemployment, etc). The latter part is of course where the social in socialism derives from in this sense.

What the fuck is the point of socialism if I still have to wageslave? What the fuck is the point? If I'm going to be doing trash jobs the rest of my life, why should I support socialism?

>>16412678
Retarded strawman

>>16415831
Le not real gommunism !!!
Ironic mutt meme too. Low IQ mixed race mestizos and mullattos are the only reason socialism is even a competitive movement in the United States.

>>16415832
That is why we need Yangbux.

could stop sending foreign aid to israel lol

>>16415852
i didn't even mention communism. rent free lmfao. phone posting scum, get back into your wagecage

>>16415873
This is a good idea but unfortunately the American left wing movement is still not populistic enough to end foreign aid. Maybe Bernie will cease sending that money to Israel but the reality is he will just divert that foreign aid to Palestine and sub-saharan Africa.

>>16415832

It’s not a wage, you work according to your ability and are given according to need, you work less, have all your basic needs met, and as the working class will be the rulers of society you will have dignity as a worker instead of being part of a peasant under caste of wage slaves who are spit on by billionaires and landlords who don’t work or contribute anything to society other than the parasitic leeching of the surplus value of working class labor

>>16415831
Socialism ultimately means that the professional managerial class have complete control of society, which is why you have tons of privileged shitlibs who claim to be socialists (eg DSA). Socialism in America will be even worse than Soviet socialism because American socialists are all gay basedniggers

Not saying that capitalism isn't fake and gay

>>16415885
If socialism means I wont get a qt gf then there is no reason to support it

>>16415898
state mandated gfs are of course integral

>>16415879
I find it ironic how you egalitarian left wingers are the biggest circulators of extremely nasty caricatures of mixed race individuals. I guess we both agree with racism in theory but have completely different applications for it. However, your racism doesn't even really seem to make sense.

>>16415903
Based. Sign me up senpai

>>16415905
4chan is a nazbol site. You can bully Amerimutts and still want single payer

>>16415873
the problem is deeper than that imo. It is structural and cultural. Looked at Trumps twitter today, he was visiting Afghan troops. Not that that is a problem but it got me thinking, how many times have we been promised to take troops out of Afghanistan? I feel like every politician for the last 20 years has made mention of that. But they will never leave. America can only exist for as long as the world around it is its own playground. If they declared a national state of emergency for failing schools and crumbling infrastructure (long overdue) then foreign aid and military spending would still be the last thing to be cut. They will sooner cut healthcare and toss cancer patients under the nearest bridge instead. And this is not just my opinion, I would suggest that the elite has known this for some time now - why do you think they hide all of their money offshore and get dual citizenships to whatever European country will house them? I do love America, at least I used to - but not in its current iteration as a failing state.

>>16415905
>I find it ironic how you egalitarian left wingers are the biggest circulators of extremely nasty caricatures of mixed race individuals. I guess we both agree with racism in theory but have completely different applications for it. However, your racism doesn't even really seem to make sense.

>>16415927
That guy clearly isn't a Nazi.

>>16412703
>niggers aren't socialists
you better be pretending

>>16415942
What race r u?

>>16415960
whiter than u pedro

>>16415946
Nazbols agree with leftists that boomers who cuck for corporations get the wall

>>16415949
White shitlibs are the most annoying socialists tho

Your kids are going to end up as sex dolls in someone's basement. Freedom of speech

>>16415967
Yeah probably not.

>Money sitting idle in offshore accounts
When will this meme die? When will people who are too financially illiterate to conceptualize a term like "net worth" as anything other than a dragon sitting on a gold pile and breathing fire at poor people stop trying to take charge of policymaking around money?

>>16415891
Stalinism is literally preferable to the mainstream cultural Marxist paradigm. Stalin would have thrown the non-productive elements of society into a cold prison cell instead of breaking up families and funding your replacement.

>>16416023
honestly, this

fuck liberalism

>>16415885
That's just a fancy way of saying I will have to work for the rest of my life.

>>16416008
>i watch japanese cartoons now let me explain to you how the global economy works

>>16416023
>Stalin would have thrown the non-productive elements of society into a cold prison cell
But that's literally the exact opposite of what actually happened under Stalin. The Soviets declared anybody who *was* productive a Kulak and shipped them off to camps to die, leaving nothing but True Believer imbeciles and political/bureaucratic functionaries behind until their whole society collapsed.

>>16412911
Until spending gets solved, no new taxes.

>>16416039
uh, no, because as you age your ability decreases. you do less and less work until you do none. you are retarded and can't read.

>>16416089
>muh spending
ok boomer

>>16416069
>I think "12 people freeze most of the world's capital in place and do literally nothing just to spite poor people" is a plausible way of describing the global economy but you posted a japanese cartoon so hah

>>16414109
This ignores that it is better for humanity if low IQ troglodytes perish if they are not able to compete and sustain their own live independently. Genetically speaking.

>>16416132
>muh modern day darwinism.
boring. besides, even if you actually believed this, we could just do mandated sterilization.

>>16412678
As an economist, I know the best system is where the government has all the money and 12 people are in charge of determining it how much of it goes to the rest of the country.

>>16416180
if those 12 people were based and red pilled, that would be great

>>16412678
It's scary people don't understand the difference between wealth and money.

>>16412678
The tragedy of progressivism is that it is oblivious to the nature of money.

>>16414493
>>16414542
Omg right its like so frickin toxic here. Who me? No of course im not a newfag, its like the right wingers omg all oldfags were communists

>>16412703
Prove it.

>>16414667
You used a soi word which in fact means you frequently browse soi websites. You are a faggot and you do not belong on the website. You came to /biz/ to shill an ideology and bitch about muh right wingers when /biz/ has always been right wing.

>>16414058
Where is your proof of that? Dollars didn't exist back then. How do we know it wasn't the equivalent of $50 for a chicken?

>>16415885
Who defines what you need and how do you know if im working to the best of my ability. There's plenty of people in America who could be rocket scientists but choose to open a restaurant instead because more money or more fun. Clearly then he is not working to the best of his ability.

Id seriously like to discuss what need means. Do needs include internet? How about more than a single room? Heating or will everyone just heat with wood stoves. Oh then would everyone be given free wood?

>>16416069
>muh anime
Not an argument and you have to go back newfag.

>>16416172
>boring
At some point in the last 2 months you were called a boring normalfag. It hurt you so much that now you call everyone boring hoping it will have the same effect. Pathetic.

>>16416247
>>16416267
You are economically retarded.

>>16416336
$50 for a chicken is still expensive and implies inflation but where is the proof that "millions of dollars for a chicken" isn't a larp?

>>16415885
LMAO

>>16416336
No proof. Just show statistics on countries and their wealth distributions. Why is that hard?

>>16416023
>>16415891
Socialism works if the country has strong nationalism and anti-immigration stance. Otherwise it will fall apart.

>>16412703
Capitalism has got to go.
The solution is basically Fascism, some kind of national cooperative system that places greater emphasis on families, instead of enriching Jewish bankers.

>>16416404
Natsoc wasn't even really socialism as defined by communists today

>>16416396
What does that prove though? It doesn't prove anything. Can you speak English? Follow the conversation you retarded nigger.

>>16416172
You mean like when the Israelis forced migrants from North Africa to get birth-control injections?

>>16416416
It had socialist policies. Modern day socialism without the non-whites would work perfectly fine. The problem is the access load that non-whites put on the system expecting it to survive is insane. White people are not innately evil people they will try there best before resorting to using welfare (maybe now because of the jewish corruption and such) but lets think about how Japan works under a social guilt and shame. That is who whites would feel if they even thought about stealing or destroying shit. Its not like that anymore because of social break down of societies done by kikes. I would gladly accept socialism over capitalism any fucking day IF it followed what I mentioned. Capitalism = endless growth and all the other shit but even if both societies were white socialism would still be preferred.

>>16416384
Economists can relate the value of old world currency to modern currency. You understand this yes. You also understand that a million dollars was just an example of over inflation. As always focused on un important details because that's what truly matters in debate you dump nigger communist.

>>16416116
Until we stop spending on dogshit things, no new sources of income, straight up.

>>16416451
Socialism does not work in declining populations. It just doesn't. The only problem with capitalism is usury and printing money.

>>16416413
Fascism is not an economic theory. You can have capitalist fascists.

>>16416464
It works in declining populations because those populations are returning to the mean. Populations were never supposed to be this huge. Again look at japan overcrowding in cities and such. yes we have enough land and all that but from a social stand point declining populations are not a bad thing. The bad thing about it is the fact that capitalism cannot sustain itself without infinite growth. Why the fuck do you think they want to bring in more non-whites? capitalism along with making whites disappear so they can literally have entire control as 99% of non-whites are all consumer retards (look at nike the majority of the consumer base is now niggers). Think of this sort of shit deeper then boomer Qanon retards.

>>16412678
Why do people get so mad about other people having more money than them? Like nigga there's enough money to go around hahahaha. Like just live your own life hahahaha. Don't go to school for some stupid shit and you'll do fine....... Some rich nigga having a bunch of money isn't gonna stop you from doing well for yourself...... You just jealous bro

>>16415131
This is the only factual post in this entire fucking thread

>>16416561
Wow right like i know. This. This. This. This. Ugh i wish i could upvote here because only the people who share my same exact retarded opinion are right.

>>16416483
Socialism can not sustain itself with constant growth, capitalism can. You are backwards and have no idea what you are talking about. Social security is a socialist concept. It requires constant growth. If there are less people in a county there is less value being created and therefore their social programs would decline. But that's unrealistic because in reality they'd just print more money to keep it going so people don't complain.
Look at Japan. There country would be fine if not for their socialist tendencies. They will have the benefit of being ethnically homogeneous but the economy is going to crash one day and they are going to have to live with less wealth. The problem here is usury and money printing. Ideally it would be a slow decline, people's standards of living slowly falling to match the population decline.

>>16416438
Are you saying that's a bad policy?

>>16416464
Bitcoin solves this problem

>>16416629
Like they’re not doing it to western countries like USA and Europe. It’s as if there’s no depopulation/agenda 21 anon.


https://www.nbcnews.com/health/health-news/study-linking-early-miscarriage-flu-vaccine-puzzles-doctors-n800981

>>16416628
You have it backwards. your social security concept would work if the populations were not over bloated from the baby boom and the countless other nknwhites coming into the US you literally have fuck all idea how you van even get SS

Japan is perfectly fine and if they do not let immigrant's in there country will adapt.
>the economy is going to crash one day
Haha thats fucking hilarious you tryong to use them as proof yet you cannot. the problembhere is capitalist shitheads that think endless growth is needed. socities dont need to less expand in gdp they can you know just exist just like how japan is doing. if anything the declining populationsbliving standards qill go up because there wont be so many fucking people in the cities you stupid fuck. you ar falling for the same boomer tier conservative garbage that all these other retards fall for.

>>16412726
In their bunkers?

>>16412780
Buffet and other billionaires have billions sitting in literally nothing. They have infinite money theres no reason to invest and nothing worth investing in

>>16414101
Except you don't have to do that, youee just a drone who follows what everyone else does. Making some sort that artifically forces everyone to be equal isnt going to solve anything and there'll still be people abusing and manipulating the system to be on the top and you'll continue to cry and complain

>>16414493
You honestly fucking think she's going to be able to fuck over some of the most powerful people in the world? And that the poor will not spend it all on drug money?

>>16415885
So if we go above and beyond and make it with crypto we're going to be punished?

>>16416474
Sort of like how china is full on low regulation capitalism with complete consumer control. You facists just want to be like china.