How Do Socialist Know When To Change Anything?

The US is facing a serious crisis in terms of entitlements. No, not the entitlements the wealthy would have you believe are the problem like Social Security and Medicare, but rather the entitlements the ultra-wealthy believe they deserve. They think they belong in the pinnacle of wealth distribution because......they work harder, they are smarter, they deserve to inherit endlessly because their families deserve it, they will invest their money and create economic growth. Each of these assertions about their entitlements is rubbish.
...they. don’t work harder. By any standard your average MD, farmer, truck driver, postman or postwoman, waiter actually work physically and mentally harder.
...they are not smarter. As the recent admissions scandal reveals, attending a prestigious college is not a matter of academic intelligence.
...one of the first taxes in the US was the inheritance tax to preclude the development of a landed gentry as was a fact of much of Europe. Most of us have no exposure to inheritance tax because the threshold has been so high. But the wealthy would have us believe the tax is somehow unfair or unpatriotic. The do not pay any tax on the amount under the threshold just like the rest of us.
...the argument about economic growth is plain hogwash. Real economists know there is the concept of marginal propensity to consume MPC. Lower income spend more of an added dollar of income than wealthy people on goods and services. This increases demand for producing these goods and services. It’s folly to argue somehow there isn’t enough money for investments for economic growth. If that were really true wealthy people wouldn’t be putting money off-shore and investing in building more of the already huge surplus of buildings now empty.
And by the way, SS and Medicare are not entitlements, they have been paid for by employer and worker contributions. Wealthy people feel no moral discomfort by spending huge amounts of money to convince people that the rich are somehow entitled to their obscene wealth and if we just worked harder we could be rich also as long as we kept on making the rich richer for our “trickle down”.

 

Give a man a fish, you feed him for a day


Give a socialist a fish, he will make it a human right, vote for himself, hold a gun to your head and demand you produce more fish while taxing your fishing rod and taxing 40% of your bait

 

lol

 

cuz we smart

 

Well, at least they let Black people have a market, huh?

 

Socialism is capitalism for poor people.

 

Of course socialism believes people have a right to food and shelter. It's really only America who thinks it's more likely millions of people are all too lazy to work. But a few dozen billionaires are the only ones who truly understand the best system for everyone.

What labor has Jeff Bozos done to earn his wealth? He makes millions of dollars a day because others work for him. The winners of capitalism are very lazy and that is the idea because they are "entitled" to it. The real money is in others working for you. Hedge funds for example don't work themselves as much speculate on other's work in a rigged stock market. They end up being some of the richest businessman in America.

Share holders don't see workers as humans in capitalism. They are just drone that are run through algorithms. If the Amazon employee can get an order in an average of 16 and not 18 seconds it could make Amazon X number of millions more per month. Amazon's working conditions are notoriously bad but they don't care. The unemployment is almost always so high people can be hired and fired easily. The conditions don't have to improve because "if you don't like work somewhere else" or the even more ignorant "start your own Amazon and they you will see how much you like your money".

It's much better to work for a European Amazon hub. Because the people here understand the basic concept of the proletariat having power.

 

Amazon moved to Crystal City, so they can share drones and AI with the Pentagon and Google. They've been working on automating every job, but there are still a few jobs they can easily hire out. McDonald's is also reporting success after decades of tweaking their own automated restaurants, which don't even require people at the register anymore and are much more happy, happy, joy, joy clean and sterile like Covid. The trucking industry is also being automated, and a single automated delivery truck could deliver up to 40,000 packages using drones.

Capitalism is becoming more expensive every day.

 

Automation is good. Makes things cheaper in theory, idk why you say expensive. We the people just need to demand a UBI if there arent enough jobs.

 

Does this enure to the benefit of all, or just a privileged few?

There might be compelling market-driven reasons for building a lead smelter next door to an elementary school...but there might be superseding societal imperatives which Capitalism does not include in their actuarial equations.

 

Right on. Ask the people of Kellogg, Idaho about the now defunct smelter and the legacy of lead poisoning and denuded hillsides, or the people of Libby, Mt about asbestosform poisoning........ad infinitude. Unregulated capitalism thrives on passing off negative externalities of their slipshod activities to the rest of us. Here in Olympia the “profits” of the long gone pole treating plant at our port have been dwarfed by the costs you and I have paid to remediate creosote and penta pollution. Society needs a seat at the table when talking about economic development; perhaps the obscene wealth of the top 1% might be trimmed a tad.