Posts Tagged ‘Capitalism’

Question by Les S: Do people really understand what capitalism is?
Don’t people know that in a capitalistic economic model, you do not reap what you sow?

I ask this question because so many people claim that socialism means that people do not work and the government gives everything out for free. When in truth, these are complete lies.

Did you realize that all the work you are doing, creating wealth, goes into the owner’s pocket. Under capitalism, you work hard and you do not accumulate wealth based on your work. Under capitalism, you work hard and all that wealth you generate goes towards the business owner, not you. THe business owner then pays you a “wage” which is far less than the wealth you generate. All the excess wealth you generate is kept by the business owner as “profit”. So under capitalism, you can never gain true wealth and your only incentive is to work for a higher wage, which you will not get if the owner decides that they need to “slash costs” which means your job.

A 34 year veteran contributor produce manager employee of Acme Markets Inc. is fired for using a .00 pair of reading glasses to achieve Acme Markets’ inventory deadline. The dishonest firing manager irresponsibly cites an employee buying policy rule and will not account for the real reasons the machine like private sector giant benefits from the heinous treatment of this human veteran contributor, Mr. Bob Martucci. The reporter writing about the Private Sector unaccountable Employee Victimization softens the quality of life destroying nature of these kinds of normal private sector business practices by putting an economic crisis spin on the headline. PRIVATE SECTOR COMMUNITY BASED BUSINESSES PERVERT HEALTHY CAPITALISM PRINCIPALS BY SYSTEMIZING VICTIMIZATION OF VETERAN EMPLOYEE CONTRIBUTORS. Originally birthed in the sound principals of true capitalism, private community based businesses have grown swollen and arrogant, having consumed not only the dollars of the communities they populate all across America, but the real flesh and blood career product contributions of American workers. The steps federal government has taken to announce policies, ie, EEO, with the intent of embedding fairness for employees are easily side-stepped by dishonest private sector managers who seek to lop off the more experienced, higher paid, need their medical coverage benefits, head of household, veteran employee contributor, in favor of hoarding profits. Media is also big business and …
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Michele Swenson: “Bipartisanship” Too Often Means Democratic Capitulation to Republican Disaster Capitalism
Obama does not understand the game of corporate billionaires versus the working class that Republicans have played for decades — that or he willingly capitulates to it.
Read more on The Huffington Post

New labour rule will not end current card validity
Private sector employees holding a valid three-year labour card will not be compelled to rectify or adjust their status when the recent ministry decision becomes effective, a senior official at the Ministry of Labour told Khaleej Times.
Read more on Zawya

by Exercise Tradewinds 2009

The Costly Differences Between Socialism and Capitalism – California Vs Texas

There is a little known laboratory experiment being conducted in the United States pitting two economic systems against one another. Those systems are Socialism and Capitalism. This experiment is taking place in two of the largest states in the country, California and Texas, with California representing the big government, high taxes, Socialist economic system and Texas representing the small government, low taxes, Capitalist economic system. The recession has no doubt helped in highlighting the differences between these two systems and the results of this experiment are coming in loud and clear; Capitalism by a long shot.

The Cure: How Capitalism Can Save American Health Care

We are surrounded by medical miracles: polio has been eradicated; childhood leukemia is now treatable; death by cardiovascular disease has declined by two-thirds in the last fifty years. Yet while American medicine has never been better, angst over American health care has never been greater. Why is American health care such a mess? In this path-breaking book–Nobel laureate Milton Friedman calls it “fascinating and thorough”–Dr. David Gratzer goes to the heart of the problem, showing that

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