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Thread: Davos: How to Fix Capitalism

  1. #1
    Havakasha is offline

    Davos: How to Fix Capitalism

    Its always dangerous to discuss Capitalism around SiriuslyWrong.
    Be careful cause you might just be called a Marxist.

    http://www.huffingtonpost.com/2012/0...n_1234145.html
    Sign In an interview with Reuters' Chrystia Freeland, Arianna Huffington and Business Insider's Henry Blodget discuss taxes, paying employees a living wage, and the importance of returning capitalism to its moral foundations.

    "If there is a moral foundation, it means that people will pay their fair share of taxes," says Arianna. "It's not about increasing taxes, it's about paying taxes."

    Capitalism is not broke, it just needs tweaking, says Blodget. He predicts a pendulum shift in capitalism, leading to less emphasis on corporate profit margins, and more value on employees. "(Companies) are paying more of their employees below the poverty rate," he says. "Why not give them a raise?"

    Arianna says she worries about the political shift required to change the current system, but voiced optimism for the future. "So many more millions have a voice now," she says. "There is a counter-veiling force that is coalescing around real transformation, not just a rhetorical one."

    Watch the full video above.
    Last edited by Havakasha; 01-26-2012 at 02:59 PM.

  2. #2
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    Quote Originally Posted by Havakasha View Post
    Its always dangerous to discuss Capitalism around SiriuslyWrong.
    Be careful cause you might just be called a Marxist.

    http://www.huffingtonpost.com/2012/0...n_1234145.html
    Sign In an interview with Reuters' Chrystia Freeland, Arianna Huffington and Business Insider's Henry Blodget discuss taxes, paying employees a living wage, and the importance of returning capitalism to its moral foundations.

    "If there is a moral foundation, it means that people will pay their fair share of taxes," says Arianna. "It's not about increasing taxes, it's about paying taxes."

    Capitalism is not broke, it just needs tweaking, says Blodget. He predicts a pendulum shift in capitalism, leading to less emphasis on corporate profit margins, and more value on employees. "(Companies) are paying more of their employees below the poverty rate," he says. "Why not give them a raise?"

    Arianna says she worries about the political shift required to change the current system, but voiced optimism for the future. "So many more millions have a voice now," she says. "There is a counter-veiling force that is coalescing around real transformation, not just a rhetorical one."

    Watch the full video above.
    "Why not give them raise?"

    Do they deserve a raise? Have they earned a raise?

    What she is talking about is not Capitalism. What she wants is state run Capitalism which is also called crony capitalism.

    http://en.wikipedia.org/wiki/Crony_capitalism
    Last edited by SiriuslyLong; 01-26-2012 at 05:36 PM.

  3. #3
    Havakasha is offline
    No, nowhere can you intuit that she wants state run capitalism. Your hearing is bad. Listen to blodgett about how certain people escape paying the taxes they really should
    Crony captialism is quite dominant right now. I know you think our economic and political system are perfect and do not need to reformed, but can i let you in on a secret. They aint.
    Last edited by Havakasha; 01-28-2012 at 10:16 AM.

  4. #4
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    Quote Originally Posted by Havakasha View Post
    Crony captialism is what s going on right now. I know you think our economic and political system are perfect, but can i let you on a secret. It aint.
    Precisely. Finally we agree.

  5. #5
    Havakasha is offline
    Ok. Good. Glad we agree that our economic and political systems are deficient.
    Last edited by Havakasha; 01-27-2012 at 11:59 AM.

  6. #6
    Havakasha is offline
    Blodgett great on taxes on capital investment. Listen to him on this subject
    by clicking on the link.

  7. #7
    Havakasha is offline
    And he calls out the nonsense of the people who shout "socialism" at every turn.
    I wish i could get Siriuslywrong in the room with him and watch him get spanked.
    Last edited by Havakasha; 01-26-2012 at 05:52 PM.

  8. #8
    Havakasha is offline
    He would probably call Blodgett a Marxist as well.
    Last edited by Havakasha; 01-28-2012 at 10:17 AM.

  9. #9
    Havakasha is offline
    A response to Blodgett's points would be nice.
    Last edited by Havakasha; 01-30-2012 at 01:22 PM.

  10. #10
    SiriuslyLong is offline
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    Joined: Jan 2009 Location: Ann Arbor, MI Posts: 3,560
    "Capitalism is not broke, it just needs tweaking, says Blodget. He predicts a pendulum shift in capitalism, leading to less emphasis on corporate profit margins, and more value on employees. "(Companies) are paying more of their employees below the poverty rate," he says. "Why not give them a raise?""

    Do they deserve a raise?

    It probably doesn't matter as your preference is for the federal government to mandate a raise, and that would yet again, be one small step toward socialism.

    Denmark - something to aspire to LMFAO.

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