Quote from Juno;1194134:
Amusing, but a far cry from anything anyone is trying to do nowadays. Socialism Lite is a far cry from the pure thing.
Agreed, but it's a realistic scenario of what happens in socialism none the less. "Socialism Lite" may not be as bad, but it still is regressive in some ways.
Quote from Aubog007;1194150:
I am confused, do we live in a socialist environment that my money gets shafted to the poor?
Cause i know that's a damn lie.
I assume you mean shifted?
You should look at statistics and budget numbers. The US spends extremely large sums of money on its poor. And even official statistics aren't painting a completely clear and honest picture due to changes in how they're calculated: In the past, the poverty rate in the US was calculated after receiving government aid such as housing, food, etc. Today, the poverty rate is being calculated before government aid is taken into account, making it look like the poor are getting poorer. This is as bizarre as it is misleading; the poor in the US have a pretty good standard of living when compared to those in other developed nations.
Quote from Kyishi;1194179:
I remember seeing this a while back (except the story was slightly different so I think it's not real, unfortunately). Still an interesting read, lol.
Aw, that's too bad. I can still see this happening for real, though; this already happens in group work at a small scale, leading to some bitter feelings sometimes.
Quote from 800mans;1194256:
Post is funny but just that. It doesn't really represent what realistic socialism is.
I'd favor capitalism over socialist ideas if the wealthy actually re-invested their capital into developing America rather than hoarding it for their personal fortunes. But then its hard to be selfless nowadays.
Because the wealthy don't seem to do that significantly (at least from a personal pov), id actually prefer wealth redistribution facilitated by the government. (not complete equalness).
Does job creation not count as investment in the country? It's silly to overlook this. The main differentiation here is that the money is given to those who are useful and deserving--the money isn't being taken from anyone by force.
Interesting case:
A Google Programmer 'Blew Off' A $500,000 Salary At A Startup — Because He's Already Making $3 Million Every Year
Quote from Hanna;1194541:
This was probably made up but is hilarious in a ridiculously dumb way
"Obummer iz a socialist!!!!!!!"
[Image: http://hateandanger.files.wordpress.com/2013/12/your-greed-is-hurting-the-economy-raise-the-minimum-wage.jpg]
Nobody cared about Obama here. As for raising minimum wage, that's a topic in itself. But the short story is that people who demand a significant increase in the minimum wage are ignorant of how the economy works--it works similarly to a food chain.
I remember when the fast food workers wanted to get $15/hr. What they forgot to take into account is that they do not live in a bubble; there's a wide spectrum of professions with pay ranging from minimum wage to 15/hr, including jobs like teaching assistants and paramedics in between. This presents two initial problems:
- Does a fast food worker really deserve to be paid more than a paramedic or a teaching assistant? This is obviously a No, so it leads to...
- If a fast food worker should make 15/hr, how much should the salary of a teaching assistant and a paramedic be increased by, then? 25/hr 30/hr?
...oh shit, that's what entry level engineering and computer programmer positions pay. What should we do about those, now? etc.
And of course, if everyone suddenly has more money, the price of living increases by just as much, if not more. This adjustment happens every time minimum wage is increased, and it's rarely even increased by much in the first place.
Lastly, this doesn't include the fairness argument for those who are working hard to climb out of the minimum wage jobs to reach, say, 15/hr. Their progress just gets reset and they're back to the bottom. This has happened to someone I knew back when we I worked low end jobs. He got a $1 raise for being an excellent worker, then the gov raised the minimum wage...
Quote from Campylobacter jejuni;1194584:
I sometimes wonder how lthe world would be if stockholders behaved differently but in the same system. Would it be more inefficient because big corporations don't have the pressure to be as cost-effective and progress be slower? Would people use more of their money on things with low financial returns but high social returns and everything be better? Would they do that but everything be worse because it would actually be still better spent on things with little immediate social returns but high financial ones?
I wish we could perfectly simulate the world and see how things would change if we played around with various parameters.
Stocks are a complicated business. I can certainly see cases where companies are driven to make tough choices (often not beneficial in the long term either), but most of the time, I think it's just a way to put metrics on a company's overall success in the market. They're also vital for raising cash to grow the business, which is beneficial to all. Social vs Financial is not a zero sum game.
I agree that a way to simulate the world economy would be pretty interesting. Unfortunately, due to the complexities of the multiple layers and interconnected domains, it won't be feasible to do in the near future.
I should have expected that a silly post would generate even sillier replies. >.>