Starting to rethink the benefits of capitalism.

By *Vegas
25 Jul 2024 7:26 pm in No Holds Barred Political Forum
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Vegas
25 Jul 2024 7:25 pm
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Hopefully someone else can get the crayons out for @Blackvegetable  . There is no way he will have the intellectual capacity to understand this. It's also longer than 5 words, so we know he isn't going to read it anyway. 

I hear a lot from the die hard Republicans and conservatives that in capitalism, we have choice. It provides a mutually beneficial contract between the employer and employee. Incorrect. It is inherently built to only benefit the employer while the employee gets ripped off. Here is why:

To keep it simple, let's just use an easy number. Let's say an employer buys something for $1.00 and he wants to turn it around and sell it for a profit. He obviously isn't going to sell it for less than a dollar, nor is he going to sell it for exactly a dollar. He must sell it for more than what he paid. This is no different with labor. If an employer pays an employee $15 an hour in exchange for the employee's time and labor, then for that employer, the employee must in return produce an output that is worth more than $15/hr. Maybe the employer wants $20/hr worth of output. If an employee doesn't not produce a value worth more than what they are paid, then the employer is cutting a loss. 

Therefore, in a capitalist society, there is no such thing as paying someone what they are worth. The system is inherently built to pay the employee less than what they are worth, as to not risk breaking even or losing money. 

 
 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Bidencrimefamily
25 Jul 2024 7:27 pm
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*Vegas » 25 Jul 2024, 7:25 pm » wrote: ↑ Hopefully someone else can get the crayons out for @Blackvegetable  . There is no way he will have the intellectual capacity to understand this. It's also longer than 5 words, so we know he isn't going to read it anyway. 

I hear a lot from the die hard Republicans and conservatives that in capitalism, we have choice. It provides a mutually beneficial contract between the employer and employee. Incorrect. It is inherently built to only benefit the employer while the employee gets ripped off. Here is why:

To keep it simple, let's just use an easy number. Let's say an employer buys something for $1.00 and he wants to turn it around and sell it for a profit. He obviously isn't going to sell it for less than a dollar, nor is he going to sell it for exactly a dollar. He must sell it for more than what he paid. This is no different with labor. If an employer pays an employee $15 an hour in exchange for the employee's time and labor, then for that employer, the employee must in return produce an output that is worth more than $15/hr. Maybe the employer wants $20/hr worth of output. If an employee doesn't not produce a value worth more than what they are paid, then the employer is cutting a loss. 

Therefore, in a capitalist society, there is no such thing as paying someone what they are worth. The system is inherently built to pay the employee less than what they are worth, as to not risk breaking even or losing money.
Capitalism is the best ever. 

Corporations are people to my friend. 
 
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25 Jul 2024 7:27 pm
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Bidencrimefamily » 25 Jul 2024, 7:27 pm » wrote: ↑ Capitalism is the best ever. 

Corporations are people to my friend.

You didn't read a word of this, did you? 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Bidencrimefamily
25 Jul 2024 7:28 pm
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*Vegas » 25 Jul 2024, 7:27 pm » wrote: ↑ You didn't read a word of this, did you?
I was just stating the facts. 
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Bidencrimefamily
25 Jul 2024 7:29 pm
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We are going to cut billionaires taxes by another 3% and raise everybody else's taxes under the 2025 project.

Watch and learn bitch.
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Vegas
25 Jul 2024 7:29 pm
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Bidencrimefamily » 25 Jul 2024, 7:28 pm » wrote: ↑ I was just stating the facts.

State facts that have to do with the OP.  2 +2 = 4 is also a fact, but that has hardly anything to do with the OP. 

Dumb piece of ****.
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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LowIQTrash
25 Jul 2024 7:29 pm
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*Vegas » 25 Jul 2024, 7:25 pm » wrote: ↑ Hopefully someone else can get the crayons out for @Blackvegetable  . There is no way he will have the intellectual capacity to understand this. It's also longer than 5 words, so we know he isn't going to read it anyway. 

I hear a lot from the die hard Republicans and conservatives that in capitalism, we have choice. It provides a mutually beneficial contract between the employer and employee. Incorrect. It is inherently built to only benefit the employer while the employee gets ripped off. Here is why:

To keep it simple, let's just use an easy number. Let's say an employer buys something for $1.00 and he wants to turn it around and sell it for a profit. He obviously isn't going to sell it for less than a dollar, nor is he going to sell it for exactly a dollar. He must sell it for more than what he paid. This is no different with labor. If an employer pays an employee $15 an hour in exchange for the employee's time and labor, then for that employer, the employee must in return produce an output that is worth more than $15/hr. Maybe the employer wants $20/hr worth of output. If an employee doesn't not produce a value worth more than what they are paid, then the employer is cutting a loss. 

Therefore, in a capitalist society, there is no such thing as paying someone what they are worth. The system is inherently built to pay the employee less than what they are worth, as to not risk breaking even or losing money.
@FOS said it’s better think about all relationships, including economic ones, in terms of power. In any capitalist system the employers will have more power (only a few exceptions in history to this rule) which is why he said public unions are good / necessary. 
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Bidencrimefamily
25 Jul 2024 7:31 pm
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Under the 2025 project they cut billionaires taxes and raise taxes on the working class.

That's the plan Stan.
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Vegas
25 Jul 2024 7:35 pm
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LowIQTrash » 25 Jul 2024, 7:29 pm » wrote: ↑ @FOS said it’s better think about all relationships, including economic ones, in terms of power. In any capitalist system the employers will have more power (only a few exceptions in history to this rule) which is why he said public unions are good / necessary.

I agree with unions, but that doesn't change the inherent system. If capitalism is going to succeed, then the system demands for employees to be dishonestly used by paying them an undervalued wage. The unions can negotiate a better pay with better conditions, but at the end of the day, the employees cannot be paid their worth any more than one can profit off of breaking even.  If an employee is worth $15/hr and the employer pays them $15/hr, then the employer is breaking even. 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Vegas
25 Jul 2024 7:35 pm
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Bidencrimefamily » 25 Jul 2024, 7:31 pm » wrote: ↑ Under the 2025 project they cut billionaires taxes and raise taxes on the working class.

That's the plan Stan.

STFU. You have yet to ever post anything even remotely intelligent. 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Bidencrimefamily
25 Jul 2024 7:36 pm
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I disagree with the op.

Capitalism is the best system.on the planet.

Once billionaires have more money it will trickle trickle down to the working class.

The economy doesn't grow unless billionaires have more and more money to spend.

It's plan and simple.
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Vegas
25 Jul 2024 7:37 pm
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Bidencrimefamily » 25 Jul 2024, 7:36 pm » wrote: ↑ I disagree with the op.

Capitalism is the best system.on the planet.

Once billionaires have more money it will trickle trickle down to the working class.

The economy doesn't grow unless billionaires have more and more money to spend.

It's plan and simple.

Nope. You missed the point of the OP. Go back and reread it again, then get back to us. 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Bidencrimefamily
25 Jul 2024 7:38 pm
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Just like the 2025 project you just keep giving to billionaires and they can spend more.

Raise taxes on the working class with more and more tariffs on cheaper goods till they are forced to buy the product from billionaires.

It's simple.
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Bidencrimefamily
25 Jul 2024 7:41 pm
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Eliminate any regulations that stop billionaires from making money by raising prices not because of market forces but the fact they want to pad profits
.
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Vegas
25 Jul 2024 7:42 pm
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Bidencrimefamily » 25 Jul 2024, 7:38 pm » wrote: ↑ Just like the 2025 project you just keep giving to billionaires and they can spend more.

Raise taxes on the working class with more and more tariffs on cheaper goods till they are forced to buy the product from billionaires.

It's simple.

2 + 2= 4 is also a fact and quite simple. That hardly has anything to do with the OP though, now does it?

Just admit that you never read it and you never will. You don't have the IQ level required to comprehend it. 
Blackvegatble's hypcorisy summed up in one post: [/size]
Blackvegetable » 7 minutes ago » wrote: ↑7 minutes ago
Very simple questions...

From which you are running...



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Bidencrimefamily
25 Jul 2024 7:44 pm
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*Vegas » 25 Jul 2024, 7:42 pm » wrote: ↑ 2 + 2= 4 is also a fact and quite simple. That hardly has anything to do with the OP though, now does it?

Just admit that you never read it and you never will. You don't have the IQ level required to comprehend it.
You haven't read the 2025 project have you. 

It's 900 pages.

It's pretty simple to read. 

It's in English. 
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FOS
25 Jul 2024 7:48 pm
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*Vegas » 25 Jul 2024, 7:35 pm » wrote: ↑ I agree with unions, but that doesn't change the inherent system. If capitalism is going to succeed, then the system demands for employees to be dishonestly used by paying them an undervalued wage. The unions can negotiate a better pay with better conditions, but at the end of the day, the employees cannot be paid their worth any more than one can profit off of breaking even.  If an employee is worth $15/hr and the employer pays them $15/hr, then the employer is breaking even.
Intrinsically, 15$ is worth nothing.

Absolutely nothing.

nobody, in fact, owns anything at all. What people 'own' is a contract with law enforcement such that the police will pretend you own it, and are willing to use guns to enforce that attitude. That is the ONLY part of ownership that is not an illusion. Your country has a military to defend what it 'owns'...money or ability to distribute currency etc etc...from some other country that might want to take it.

but again...police and militaries and all of these things only work because they are composed of people who respect the country and are willing to follow orders from their leader to kill people the leader wants them to kill. Without that critical aspect of the 'social contract'...all of this collapses. And 15$ really does become worth the money it is printed on...which is zero. Especially if someone with a gun decides they would rather have it instead of you.

People might forget the existence of all these middle things...but it is always present. Everything depends on people thinking that the state is legitimate...or at the very least dangerous. 
 
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Bidencrimefamily
25 Jul 2024 7:51 pm
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Once the wealthy have bought up all the property and have all the assets we will have more money. Somebody gotta do the work on all the property. And somebody gotta handle all the money.
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Bidencrimefamily
25 Jul 2024 8:20 pm
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You can make a killing working on billionaires stuff. ****
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Blackvegetable
25 Jul 2024 8:22 pm
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*Vegas » 25 Jul 2024, 7:25 pm » wrote: ↑ Hopefully someone else can get the crayons out for @Blackvegetable  . There is no way he will have the intellectual capacity to understand this. It's also longer than 5 words, so we know he isn't going to read it anyway. 

I hear a lot from the die hard Republicans and conservatives that in capitalism, we have choice. It provides a mutually beneficial contract between the employer and employee. Incorrect. It is inherently built to only benefit the employer while the employee gets ripped off. Here is why:

To keep it simple, let's just use an easy number. Let's say an employer buys something for $1.00 and he wants to turn it around and sell it for a profit. He obviously isn't going to sell it for less than a dollar, nor is he going to sell it for exactly a dollar. He must sell it for more than what he paid. This is no different with labor. If an employer pays an employee $15 an hour in exchange for the employee's time and labor, then for that employer, the employee must in return produce an output that is worth more than $15/hr. Maybe the employer wants $20/hr worth of output. If an employee doesn't not produce a value worth more than what they are paid, then the employer is cutting a loss. 

Therefore, in a capitalist society, there is no such thing as paying someone what they are worth. The system is inherently built to pay the employee less than what they are worth, as to not risk breaking even or losing money.
170 years after Marx, Vegas figures out that workers don't earn the full value of their labor and that you can't spell capitalism without "capital".

There are 4 broadly recognized factors of production of which labor is only 1. As a Level 0.27 imbecile. @*VegasVagina assumes the other 3 factors contribute for **** and giggles.

 
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