/biz/ - Business & Finance

[Anonymous No.18375237]

>We have to let billionaires have all the money

[Anonymous No.18375251]

How would we have jobs without billionaires? Ever think about that?

[Anonymous No.18375271]

>>18375237
why don't you just quit being poor?

[Anonymous No.18375275]

>>18375251
We used to have good jobs in this country. Then billionaires happened. That money has to come from somewhere. This is basic economics.

[Anonymous No.18375279]

>>18375237
>I’m too stupid to get rich so no one should be tich

[Anonymous No.18375292]

>>18375251
>>18375271
losers

[Anonymous No.18375346]

Equity was invented in 1776. No one ever owned anything till Hancock signed his name 3x to big.

[Anonymous No.18375397]

>>18375237
to each according to their need

[Anonymous No.18375409]

>>18375279
>Supporting companies that get preferencial treatment from governments despite, or maybe because of their size is not a problem

[Anonymous No.18375448]

>>18375279

[Anonymous No.18375466]

>>18375409
>Bitching and moaning like a pussy instead of getting good at the game

[Anonymous No.18375492]

>people who have created exactly 0 (zero) jobs in their lifetime mocking the idea of job creation

[Anonymous No.18375518]

>>18375466
you're the definition of a cuckold

[Anonymous No.18375530]

>>18375275
We used to own our own businesses. Almost everyone did. Now almost nobody does because the government created economic and monetary policies that discouraged it and propped up giant monopolies. Now we have a 2 party system where one party cuts taxes on billionaires and the other wants to redistribute their wealth, neither one would address the real issues.

[Anonymous No.18375543]

>>18375275
The US had tons of jobs when the robber barons ruled, and they were arguably wealthier than what we have now. JP Morgan on his own once bailed out the federal government. The reason for the decline in manufacturing jobs is that minimum wage laws and unions have made American labour uncompetitive.

[Anonymous No.18375545]

>>18375466
>supporting a game that will inevitably fail and harm your kids if not yourself

[Anonymous No.18375596]

>>18375518
>play the right game, make huge gains, and get rich
vs
>I don't like to play games so I'm just going to DUDE WAGESLAVE AND SUCK EMPLOYER COCK FOR 50 YEARS LOL

I feel like you don't know what cuckold means

[Anonymous No.18375620]

>>18375545
>>supporting a game that will inevitably fail and harm your kids if not yourself
kek no wonder you're poor

[Anonymous No.18375622]

>>18375530

Industrialization and capitalism have as much to do with that as your government boogeyman. The word “wageslave” comes from the 19th century. Capitalist economies of scale destroyed millions of family farms and artisan jobs.

[Anonymous No.18375644]

>>18375492

>job creator meme

[Anonymous No.18375663]

>>18375237
>this is what progressives actually believe
jfc

[Anonymous No.18375666]

>>18375251
>Land used to be practically free
>Any one moving west could stake a claim
>Develop own agricultural business , or pan gold like a retard, or open up a general store with a small amount of capital.

>Now the land prices have been inflated enormously
>Can't even acquire land without asking for permission from the banks.
>Can't do anything without enourmous amounts of capital, and the amount of capital required is inflated daily

We only need Billionares for jobs because they made the system in such a way, nothing can get done without there approval.

[Anonymous No.18375674]

>>18375620
kek no wonder you and your kids be the first to hang when things will go bad

[Anonymous No.18375702]

>>18375251
We don't need jobs. Look outside, most of us are at home.

[Anonymous No.18375705]

>>18375251
A nationalized system

[Anonymous No.18375715]

>He bought the billionaire/politician created meme that income taxes affect anyone but the working class

[Anonymous No.18375733]

>>18375715
Tariffs are anti capitalist.

[Anonymous No.18375746]

>>18375666

This x1000

[Anonymous No.18375755]

>>18375674
>implying """"you revolutionaries"""" are going to do anything about it

https://www.youtube.com/watch?v=UPLQNUVmq3o

[Anonymous No.18375761]

>>18375733

No they aren't. They don't bear on the domestic economy, the only economy you have political control over. Opening your markets to hostile international powers that might seek to undermine them is modern globalist madness.

[Anonymous No.18375764]

>>18375733

So are restrictions on visa workers

[Anonymous No.18375789]

>>18375761

It’s a restriction on market activity

[Anonymous No.18375801]

>>18375761
They make imports more expensive. Tarriffs are protectionist faggotry that hurt poor people.

[Anonymous No.18375813]

The greatest president of all time pushed for a radical new economical system called "trickle down economics" and y'all know what? That damn thing WORKED until that faggot Clinton and obummer came along and destroyed it in the name of communism since they HATE the working man, HATE learning to pull 'emselves up by the bootstraps like we did back in the days. If you're gonna hate anyone, don't hate the wealthy who give us our fair share for fair work, hate the liberals who ruined the only working system ever made.

[Anonymous No.18375850]

>>18375237
We no longer have anything resembling a free market. Try starting a business some time, or really just anything where you have to get a permit. We are awash with artificial regulatory moats meant to protect large companies and give leverage to those with decision-making authority in government. The country is run by lobbyists. There are actually tons of jobs that exist only for regulatory compliance reasons and are actually a net loss for society.

[Anonymous No.18375856]

>>18375789
>>18375801

You can't dogmatically apply homogenous rules to a heterogenous global economy. China has been reaming Western economies for the past 20 years by applying asymmetric standards on trade. (e.g. unlimited exports but stonewalling most outside companies from operating there)

[Anonymous No.18375885]

>>18375856

>b-but c-China!!1

We’re not discussing that, just that tariffs are absolutely anti capitalist as they restrict market activity. It’s government interference in the market, period.

[Anonymous No.18375901]

>>18375813
You mean Nixon and Reagan hurting the working class. Republicans always vote against their best interest, believing ideological beliefs rather than common sense realities.

[Anonymous No.18375916]

>>18375885
>We’re not discussing that
You quite literally cannot have the conversation without including China

[Anonymous No.18375928]

>>18375813
Trickle down economics doesn't exist.

[Anonymous No.18375952]

>>18375666
checked. based take anon

[Anonymous No.18375956]

>>18375885

China is the focus of the protectionism argument in the modern context you retard. Tell me how a "superpower" national economy based off of nurses and uber drivers is healthy long term when their main geopolitical opponent is amassing manufacturing capacity and resources?

[Anonymous No.18375969]

>>18375666
Bingo Bongo boyngo

[Anonymous No.18375993]

>>18375666
very based anon

[Anonymous No.18376003]

>>18375885
I agree. Let the free market send all our industry to China.

[Anonymous No.18376041]

Not quite the same thing, but in my small nordic city a friend started a window washing service since there's only one other company here who does it.
Kept losing many potential businesses. Turns out his competitor started to undercut by 90% prices so he asked me to find out how the hell that guy could make a living with practically peanut prices.
We found out he's a local senior jehovas witness leader who puts his congregation to work for free, while being except from taxes due religious organization. We suspect it's a strongman strategy to beat my friend out of the market shares and attrition until he gives up. All entirely legal and there's nothing we can do about it.

[Anonymous No.18376046]

>>18375251
yes goy don't forget your deliveroo side job when you're done flipping burgers, can't make rent otherwise!

[Anonymous No.18376050]

>>18375885
Ok, then what is the appropriate response to China's government interference in the US market? That's not a free market either.

[Anonymous No.18376090]

>>18376041

It's a decent allegory for what's going on with the US economy and some others (e.g. China). The US isn't a "free market." We have much higher regulations, wage standards, and CoL standards than China does, and all of these things make manufacturing more pricey here. And then manufacturing gets shipped off to China, who throws trash in rivers and pays their workers slave wages. It isn't fair at all to say that's the market at work... you're depressing the American market with those higher regulations and standards. You can't pick and choose when it's time to beat your chest about the free market in an environment as complicated and dynamic as this. Then there are the geopolitical considerations...

[Anonymous No.18376091]

>>18375761
You don't let the free market do its thing if you're putting tariffs

[Anonymous No.18376110]

>>18376003

>wants government intervention in the economy

Sounds like socialism to me

[Anonymous No.18376145]

>>18375956
>>18375916

Tariffs are probably the most blatant example of government intervention in an economy short of price fixing. It is absolutely antithetical to the idea of a free market.

[Anonymous No.18376154]

>>18376003
If that's what the free market says who are we to stop it?
Are you a socialist?

[Anonymous No.18376180]

>>18376090

...and this is what’s its all about. Repealing worker protections and depressing wages back to 19th century levels so we can be (((competitive))). Republicans would have us working 14/hrs a day for $1/day if they could. Truly wanting to take us back to the 1800s.

[Anonymous No.18376197]

>this thread
huh, I guess some bernouts still haven't killed themselves yet

[Anonymous No.18376211]

>>18376110
Socialism is the only way to prevent massive global corporations from shitting on their workers and corrupting the economies that they operate in

[Anonymous No.18376212]

>>18376041
>someone undercut me
>That's bad!

Now the market enjoys cheaper car washes. Sorry you got beat

[Anonymous No.18376220]

>>18376050

I never said it was. But at least drop the “muh free market” argument if you’re begging for Daddy to interfere in the economy.

[Anonymous No.18376238]

>>18376212

Lmao this. Just mad that he’s getting out competed. Oh well, free market and all that.

[Anonymous No.18376282]

>>18376050
Well it is a symbol of a planned economy. They're not fully capitalist and they don't give a shit about the free market. You can even call them socialist because their government runs everything.
If you want america to copy that, you can stop talking about the free market and drop all your pretenses about being a more economically free country.
But you want to pretend to be capitalist and but none of the drawbacks.

[Anonymous No.18376310]

>>18376180

… No. This is why you maintain tariffs to protect and foster your native industry. Jobs are everything. The worker-citizen-voter is the basis of any healthy society, not this modern bastard mix of contributors and welfare dependents, McJobs and service work.

[Anonymous No.18376313]

>hands out $1T to America's poor and middle class
>ORNJMANBAD.EXE
Faggots.

[Anonymous No.18376332]

>>18376046
Why do the lowest IQ anons post like this?

[Anonymous No.18376352]

>>18376145

The world isn't a free market. Your domestic market might be a free market, but the world isn't. Never has been. Never will be. Why are you applying those rules to a whole different ballgame?

And if this dogma is the best way to go, why is China gaining 7% GDP growth per year with a categorically unfree market? Why has the US gotten stuck in the muck as it continues to globalize and bleed wealth while other rising nations pick it apart? Your shit isn't working family. So shut the fuck up and let the adults fix this mess.

[Anonymous No.18376357]

>>18375850
Based

[Anonymous No.18376369]

>>18376310

Tariffs are a failure in a developed country like the US. Consumers just get higher costs and less choice in their consumption, while enabling domestic firms to be inefficient and corrupt. It’s literally corporate welfare.

>worker citizen voter

Uh, no chief. The yeoman farmer is the foundation of the society our Founders wanted, until we explicitly disregarded Jefferson’s advice and went full industrial capitalism.

[Anonymous No.18376371]

This November, vote blue.
https://youtu.be/xdxK_Z9Lo2Y

[Anonymous No.18376384]

>>18375543
>The reason for the decline in manufacturing jobs is that minimum wage laws and unions have made American labour uncompetitive.
Simply not true. Purchase power parity has made Us less competitive in manufacturing vs China but we are still the world's second largest manufacturer (yet nobody knows this). We just don't need as many people to manufacture than we used to.

[Anonymous No.18376391]

>>18376313

>hands out $1T to the 1%

FTFY

[Anonymous No.18376407]

>>18376369

>Tariffs are a failure in a developed country like the US
>The US had tariffs for the entirety of its ascent from the late 19th through early and mid 20th century
>middle class only started dying after mass globalization following the 70's

You're joggin my noggin partner. Keep parroting the business bankrolled dogma of (((top economists))).

[Anonymous No.18376422]

>>18376384

When you can produce in Asia for $1/day, its irrelevant if the union guy makes 25 or 27/hr. I personally know of union plants (UAW) with Chinese owners that are thriving, whereas the former American owners ran it into the ground.

[Anonymous No.18376447]

>>18376384

Yeah anon our manufacturing simply stopped growing. We certainly didn't bleed those jobs off en masse to... places... or lose them.. or anything like that. It was some big invention in 2000 that automated everything away in one massive chunk, not the entrance of China into the WTO. The appearance of "Made in China" everywhere in the 2000's? Happenstance... just happenstance.

[Anonymous No.18376452]

>>18376352

China works because there are a billion slaves in it and western companies cream themselves at the possibility of that workforce and consumer base. Try pulling that shit when you’re Estonia.

[Anonymous No.18376472]

>>18376407

And the US did the same shit that we bitch about China doing, like IP theft and rip off products from Europe. What goes around comes around.

[Anonymous No.18376519]

>>18376447

>stop out-competing us

[Anonymous No.18376670]

>>18376391
They don't cover this at Fag Academy but I'll tell you a secret...the 1% employs everyone.

[Anonymous No.18376694]

>>18376519
>>18376472
>>18376452

Nice try Chang. Luckily our current administration isn't going to be so complacent. The topic of China will dominate 2021.

[Anonymous No.18376749]

I don't get why people are confused that a ton of people go up to bat for people who don't give a shit about the plebs below them. America is filled with an absurdly high amount of temporarily embarrassed millionaires

[Anonymous No.18376754]

>>18375237
Litteraly just paper, you don't lose anything by them having it, and nothing would be gained by paper redistribution, inflation would even everything out.

[Anonymous No.18377515]

>>18375813
Extremely low IQ

[Anonymous No.18377666]

>>18375251
Nationalize everything, duh.

[Anonymous No.18377903]

>>18375666
Based and anarcho-feudlism pilled