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02-04-2015, 11:05 AM
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Ready
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Join Date: Oct 2013
Posts: 19,163
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Quote:
Originally Posted by nailer
How would this better distribution idea work?
So you say you want a revolution...
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Capitalism: defined return to labor (wages), all surplus goes to capital.
Communism: all surplus (in theory) goes to labor, no return (in theory) to capital.
My Way: Labor and capital split surplus in ratio to contribution.
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02-04-2015, 12:02 PM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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Quote:
Originally Posted by donquixote99
Capitalism: defined return to labor (wages), all surplus goes to capital.
Communism: all surplus (in theory) goes to labor, no return (in theory) to capital.
My Way: Labor and capital split surplus in ratio to contribution.
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As determined by whom?
John
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02-04-2015, 12:19 PM
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Rational Anarchist
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Join Date: Jul 2014
Location: DFW
Posts: 7,315
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Quote:
Originally Posted by Boreas
As determined by whom?
John
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Meet the new boss
Same as the old boss
__________________
"We have met the enemy and he is us."
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02-04-2015, 02:42 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Quote:
Originally Posted by Boreas
As determined by whom?
John
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Restore the labor unions and let them negotiate with management. Currently management has the deck stacked in their favor.
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02-04-2015, 04:30 PM
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Ready
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Join Date: Oct 2013
Posts: 19,163
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Quote:
Originally Posted by Boreas
As determined by whom?
John
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By law, and so by lawyers, and accountants. At some firms it would be smooth, at others there would be big fights....
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02-04-2015, 07:35 PM
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Senior Member
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Join Date: Apr 2014
Location: Lake Forest, CA
Posts: 460
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Quote:
Originally Posted by finnbow
Is there a Cliff Notes version?
While capitalism has its flaws, it's still the best way yet devised to allocate resources, though does require some degree of regulation.
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Please watch some of it, it is fascinating and there are better ways. There are so many things that could happen to make our lives better.
__________________
"Man is born to be free - and everywhere in chains!" -Rousseau
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02-04-2015, 07:38 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,907
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Quote:
Originally Posted by VanishingPoi
Please watch some of it, it is fascinating and there are better ways. There are so many things that could happen to make our lives better.
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That may be true, but getting them through the body politic is another issue altogether.
__________________
As long as the roots are not severed, all will be well in the garden.
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02-04-2015, 08:28 PM
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Senior Member
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Join Date: Apr 2014
Location: Lake Forest, CA
Posts: 460
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Quote:
Originally Posted by finnbow
That may be true, but getting them through the body politic is another issue altogether.
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Unfortunately, people under 30 are screwed on the job venue. The economy is growing for the financial tricksters but the rest - you know.
__________________
"Man is born to be free - and everywhere in chains!" -Rousseau
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02-04-2015, 08:34 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,907
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Quote:
Originally Posted by VanishingPoi
Unfortunately, people under 30 are screwed on the job venue. The economy is growing for the financial tricksters but the rest - you know.
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It depends on your major. All three of my kids have had no problems getting exactly the jobs they wanted in the past 5 years (all are engineers) and each entertained many offers.
__________________
As long as the roots are not severed, all will be well in the garden.
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02-05-2015, 12:46 AM
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Ready
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Join Date: Oct 2013
Posts: 19,163
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Finn, I'm fully willing to accept that your kids are exceptionally talented. Probably 95th percentile or better in the math SATs, right? And they had family tradition to build on, a secure economic background, and parents who understood what a technical education requires and helped them along. God help us if all those advantages can't pave the way for success.
Do you suppose it's valid to want the economy to work for the other 95% too?
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