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Forum » American Capitalism is unethical
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Thread: American Capitalism is unethical

post 1655829923 02-08-2022, 01:16 PM
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#121
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Originally Posted By BigBallsMcgee⏩
Unchecked capitalism does it the worst though
Huh, and here I thought places like North Korea and Russia are much better examples of wealth concentrated at the top.
As of 2022, Kim Jong-Un's net worth is roughly $5 billion.
meanwhile
Average income in North Korea is between $1,000 and $2,000 per year
and then
Russia’s billionaire class has swelled to 117 tycoons (up from 99 last year) worth a collective $584 billion (up from $385 billion).

More than a third of the gains come from just ten billionaires. The ten wealthiest Russians are worth $223 billion
meanwhile
Average (median ) of 25,000 rubles per month, net worth 1 million rubles. That is US$397 per month of income, and net worth of US$15,877.
Doesn't get much more concentrated than those numbers.

Here's some averages for the US
The average American has $90,460 of debt, but the average net worth is $748,800. Net worth tends to increase with age as assets appreciate in value over time and people’s salaries grow over their careers.
The average American annual real wage was $67,521 in 2020
Guess I learned that NK and Russia operate on unchecked capitalism. Interdasting.
post 1655830593 02-08-2022, 01:26 PM
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Does anyone else not understand this?

I've been working for over 15 years and all I'm seeing us boomers in most of the higher positions they don't do anything but sit around or look at their phones. Then you see a bunch of late gen x, millenials and zoomers doing all rhe work

Just insane to think this is all there is to life 80% of the time.
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post 1655830903 02-08-2022, 01:31 PM
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Originally Posted By SmillironS⏩
This is also another problem with lazy pussies that hate capitalism, they complain but never offer a solution other than “muh free stuff”.
You sound ignorant and non worthy for a debate. My post didn't imply anything about wanting "free". Not everybody that picks at Capitalism wants "free". I don't expect handouts, free college, or free healthcare.

What I do expect is a fair playing ground for American people. But you're ok with Corporations like Black Rock and the Chinese buying houses making them unaffordable for the lower and middle class.

but muh CApitalISsm

https://slate.com/business/2021/06/b...al-estate.html

https://www.wsj.com/articles/if-you-...nd-11617544801
The median price of an American house has increased by 28 percent over the last two years, as pandemic-driven demand and long-term demographic changes send buyers into crazed bidding wars.

Might the fact that corporate investors snapped up 15 percent of U.S. homes for sale in the first quarter of this year have something to do with it? The Wall Street Journal reported in April that an investment firm won a bidding war to purchase an entire neighborhood worth of single-family homes in Conroe, Texas—part of a cycle of stories drumming up panic over Wall Street’s increasing stake in residential real estate. Then came the backlash, as cool-headed analysts reassured us that big investors like BlackRock remain insignificant players in the housing market compared with regular old American families.
post 1655831383 02-08-2022, 01:36 PM
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Originally Posted By plsmire⏩
Provided you are hardworking and you’re not sub 95 IQ. I find it impossible to believe you can’t reach middle class and most probably rich.

Middle class in US puts you in the top 1% wealth worldwide. That’s a pretty good system if you ask me.
Top 1% wealth worldwide doesn't mean anything unless you plan on commuting from Thailand.
post 1655831423 02-08-2022, 01:36 PM
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#125
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capitalist deep throaters are the other extreme of what is sjw commies lmao

you guys think this **** is actually sustainable?
post 1655831683 02-08-2022, 01:40 PM
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Originally Posted By MikeLowrrrey⏩
You sound ignorant and non worthy for a debate. My post didn't imply anything about wanting "free". Not everybody that picks at Capitalism wants "free". I don't expect handouts, free college, or free healthcare.

What I do expect is a fair playing ground for American people. But you're ok with Corporations like Black Rock and the Chinese buying houses making them unaffordable for the lower and middle class.

but muh CApitalISsm

https://slate.com/business/2021/06/b...al-estate.html

https://www.wsj.com/articles/if-you-...nd-11617544801
Did you miss this part:
"Although the number of houses being purchased by mega-investors is currently not enough to move the market in most parts of the country, these firms’ underlying structural advantage is profound and growing."
post 1655831713 02-08-2022, 01:40 PM
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Originally Posted By MikeLowrrrey⏩
You sound ignorant and non worthy for a debate. My post didn't imply anything about wanting "free". Not everybody that picks at Capitalism wants "free". I don't expect handouts, free college, or free healthcare.

What I do expect is a fair playing ground for American people. But you're ok with Corporations like Black Rock and the Chinese buying houses making them unaffordable for the lower and middle class.

but muh CApitalISsm

https://slate.com/business/2021/06/b...al-estate.html

https://www.wsj.com/articles/if-you-...nd-11617544801
Never said I was ok with it but those two examples still doesn’t take away from the fact capitalism is still the most successful economic system in history.
post 1655831743 02-08-2022, 01:41 PM
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Originally Posted By MikeLowrrrey⏩
Top 1% wealth worldwide doesn't mean anything unless you plan on commuting from Thailand.
stop and realize how good you have it
post 1655831843 02-08-2022, 01:43 PM
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If there’s a new way I’ll be the first In line. But it better work this time.
post 1655831863 02-08-2022, 01:43 PM
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Originally Posted By MikeLowrrrey⏩
Top 1% wealth worldwide doesn't mean anything unless you plan on commuting from Thailand.
Lmao, quoted.
post 1655832243 02-08-2022, 01:49 PM
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Originally Posted By Cleveland33⏩
stop and realize how good you have it
If I took away your house and car but gave you a $1000 smartphone would you still be happy? I mean you are in the 1% wealth worldwide with that smartphone.
post 1655832563 02-08-2022, 01:54 PM
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#132
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Originally Posted By SmillironS⏩
Never said I was ok with it but those two examples still doesn’t take away from the fact capitalism is still the most successful economic system in history.
I mean I can name more examples if you want me to. Politics, gaming, etc. Capitalism is human greed, plain and simple, it's led to lower quality products and corruption in the name of the mighty dollar. Nickel and dime you any way possible, because that's the goal of business right? This is why companies that go public turn to **** overnight. It happens every time because stockholders don't give a ****.

Any politicians oppose your Corporation, just hand them cash LOL.
post 1655832963 02-08-2022, 02:00 PM
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#133
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Originally Posted By MikeLowrrrey⏩
If I took away your house and car but gave you a $1000 smartphone would you still be happy? I mean you are in the 1% wealth worldwide with that smartphone.
you're posting online so you are doing ok. You live in literally the best time to be alive ever and in a country where our working poor have a better life than 99% of all the people that came before them. But you are focusing on what you don't have instead of what you do have and your opportunities.
post 1655832993 02-08-2022, 02:00 PM
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#134
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Originally Posted By plsmire⏩
Here’s the UK system. School is free. College is free. You get an interest free University loan which you only need to start paying back if you start making over a certain amount. Take a course with good job prospects, engineering, any of them, mechanic, robotics, civil, software etc, law, medicine, marketing etc.

If you are at least 95 IQ and hardworking, you’ll come out with a 2:1 at least, which is good enough to work for most companies. Get a job, set aside some, invest some.

Within 6-10 years, you can decide to set up your own small business. There are so many gov initiatives for startup loans. You might fail a few times but if you have a decent work ethic and can learn from your mistakes can within a few years, you’ll have a small business turning over 100k yearly profit, keep growing that.

If not academic, take up a trade apprenticeship. Work for a few years and then set up a sole trader. Set up a website and a GMB ranking and you will easily making 90k+ per year. This applies to any trade, plumbing, mechanic, heck I have sole trader moving services clients making £100k+ per year working part time (they hire the labour).

I think people who complain about capitalism are either:

- fked up in the past and are at a disadvantage (criminal record, fked up school bad and no apprenticeship or any relevant work exp). Basically stayed a manchild and is too behind to play with the adults, so since you can’t win the game, just throw the board and pieces on the floor.

- too lazy to work.

- doesn’t understand delayed gratification, can’t put in the work for the long term, wants results yesterday.

- too stupid to apply the basics above, if you’re sub 80 IQ, it will be hard for you to get ahead. But you can still do manual labour trade work and be the best at that.

- just doesn’t understand the system. Would rather complain about the rules of the game than play it to win.
Topic clearly says American capitalism, how is UK relevant
post 1655833123 02-08-2022, 02:02 PM
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#135
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Originally Posted By Dave22reborn⏩
That's life in general SKIPPY.

If some guy who pretty much just a torso and a foot can make it in the US, then what's your excuse?
An outlier doesn't mean chit.
post 1655833153 02-08-2022, 02:03 PM
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#136
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Originally Posted By Cleveland33⏩
you're posting online so you are doing ok. You live in literally the best time to be alive ever and in a country where our working poor have a better life than 99% of all the people that came before them. But you are focusing on what you don't have instead of what you do have and your opportunities.
It's a simple question. If you could only afford a $1000 smartphone would you be happy and satisfied with life? Affording a $1000 smartphone puts you in the 1% wealth worldwide.

I didn't know not being able to afford a basic home and basic car are things I shouldn't focus on.
post 1655833163 02-08-2022, 02:03 PM
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#137
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Originally Posted By Dave22reborn⏩
Anx what are the skills of these exploited wage slaves?
The best a lot of them can do. People are in denial of how much genetics determines your potential
post 1655833243 02-08-2022, 02:04 PM
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#138
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Originally Posted By MikeLowrrrey⏩
I mean I can name more examples if you want me to. Politics, gaming, etc. Capitalism is human greed, plain and simple, it's led to lower quality products and corruption in the name of the mighty dollar. Nickel and dime you any way possible, because that's the goal of business right? This is why companies that go public turn to **** overnight. It happens every time because stockholders don't give a ****.

Any politicians oppose your Corporation, just hand them cash LOL.
Capitalism didn't lead to lower quality products, consumers and technological advancement did.

You can still buy extremely basic appliances that will last 30 years but they don't sell well because most people opt for lower quality with more bells and whistles and the product life doesn't matter cause they're eager to replace them in a few years when something new comes out.
post 1655833333 02-08-2022, 02:06 PM
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#139
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Originally Posted By Cleveland33⏩
stop and realize how good you have it
Can't afford Healthcare, college, a house , or a family, little vacation time etc.

But you got it good I tells ya.
post 1655833403 02-08-2022, 02:07 PM
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#140
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Originally Posted By MikeLowrrrey⏩
It's a simple question. If you could only afford a $1000 smartphone would you be happy and satisfied with life? Affording a $1000 smartphone puts you in the 1% wealth worldwide, so I imagine you'd be happy correct?
I assume so, I can't afford a $1000 phone as it is
post 1655833443 02-08-2022, 02:07 PM
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Originally Posted By BigBallsMcgee⏩
Brb random luck with genetics
Genetics isn't random luck, it's cause & effect.
Eugenics would do lots of good if bleeding hearts didn't oppose it.
Trillions saved in healthcare costs. Less retarded people, deficient people, etc. Even less criminals.
post 1655833453 02-08-2022, 02:08 PM
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#142
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Negged.

Start a *gofundme if you want a handout
post 1655833503 02-08-2022, 02:08 PM
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#143
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Originally Posted By soaponarope1⏩
Huh, and here I thought places like North Korea and Russia are much better examples of wealth concentrated at the top.



meanwhile



and then



meanwhile



Doesn't get much more concentrated than those numbers.

Here's some averages for the US





Guess I learned that NK and Russia operate on unchecked capitalism. Interdasting.
Now do it compared to cost of living
post 1655833573 02-08-2022, 02:09 PM
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#144
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Originally Posted By nickboy333⏩
Genetics isn't random luck, it's cause & effect.
Eugenics would do lots of good if bleeding hearts didn't oppose it.
Trillions saved in healthcare costs. Less retarded people, deficient people, etc. Even less criminals.
Yikes
post 1655833583 02-08-2022, 02:09 PM
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#145
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Originally Posted By BigBallsMcgee⏩
Can't afford Healthcare, college, a house , or a family, little vacation time etc.

But you got it good I tells ya.
Yeah man - I still had a roof over my head, food when I wanted it, and cheap entertainment.
post 1655833653 02-08-2022, 02:10 PM
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Originally Posted By Cleveland33⏩
I assume so, I can't afford a $1000 phone as it is
Aren't you an adult? Now give me an adult well thought out answer.

If you lost everything but still could pay your $1000 smartphone bill would you be happy? Remember, being able to afford a $1000 smartphone makes you 1% wealth worldwide. So I'm assuming you'd still be happy and grateful correct?
post 1655833763 02-08-2022, 02:12 PM
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#147
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Originally Posted By MikeLowrrrey⏩
Aren't you an adult? Now give me an adult answer.

If you lost everything but still could pay your $1000 smartphone bill would you be happy?
Yea man, I've lived through those times (didn't have a phone at all though) and I was as happy as I am now.
post 1655834033 02-08-2022, 02:16 PM
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#148
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Originally Posted By Cleveland33⏩
Yea man, I've lived through those times (didn't have a phone at all though) and I was as happy as I am now.
Capitalism has rotted your brain.

post 1655834243 02-08-2022, 02:21 PM
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Originally Posted By MikeLowrrrey⏩
Why cause I am happy?

Want to hear what I was doing at that time? I had a 40hr week job. I bounced at a bar on Friday and Saturday nights. I then got up and spent Saturday and Sundays building paver patios. And I reffed a couple nights a week in the sports league the bar ran. I was working 70 hours a week and barely getting by. But I was having a blast man.
post 1655834303 02-08-2022, 02:22 PM
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#150
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Originally Posted By Cleveland33⏩
Yeah man - I still had a roof over my head, food when I wanted it, and cheap entertainment.
Ah so not being homeless or starving is some high standard?

Oh and Netflix!
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