Recent content by lighnintrade

  1. L

    what would be the result of abolishing minimum wage?

    In reality tax revenue from individuals would go down, tax revenue from corporations would go up.
  2. L

    what would be the result of abolishing minimum wage?

    Yes of course. Because the money they were going to pay him does magically disappear.
  3. L

    what would be the result of abolishing minimum wage?

    So true. We'd then have a bunch of unemployed WHINERS. The overpaid are often the biggest whiners(squeaky wheels), that's often how they got their pay.
  4. L

    Why Capitalism is a total failure in the U.S.

    Exactly. But U.S.A. is like a free lottery ticket, some win.
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    Why Capitalism is a total failure in the U.S.

    http://benjamindavidsteele.wordpress.com/2010/08/27/capitalist-us-vs-socialist-germany/ In this article a comparison with Germany, a country with more socialist policies in place and arguably doing considerably better than the U.S.. Imagine if they took it even further. Also some...
  6. L

    Why Capitalism is a total failure in the U.S.

    It's more shallow to believe that Communism is the only alternative to the current state of Capitalism.
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    Why Capitalism is a total failure in the U.S.

    Everyone knows at least one way to make easy money. How many sellouts are very skilled? Some of us have morals. I'm a moron? You're the idiot listing Communist countries. Try Democratic Socialism as a solution. If you're so stupid you think everyone against Capitalism in it's current state...
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    Why Capitalism is a total failure in the U.S.

    No having warlords and the modern equivalent of barbarians is much better than a government. How foolish.
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    Why Capitalism is a total failure in the U.S.

    So what you're saying is the U.S. standard of living looks great. That's nice, but what would it look like without trillions of dollars injected into the economy by the U.S. government every year? (Money which they borrowed without the income to support it.) The answer of course is Cuba or...
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    Why Capitalism is a total failure in the U.S.

    From the wiki: " Capitalism is an economic system that became dominant in the Western world following the demise of feudalism.[1] There is no consensus on the precise definition nor on how the term should be used as a historical category.[2] There is general agreement that elements of capitalism...
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    Why Capitalism is a total failure in the U.S.

    All that money spent is what's allowing people to have jobs right now, otherwise 9% unemployment would look like a joke. It would be more like 30%. The standard of living is being propped up, it would otherwise be considerably worse.
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    Why Capitalism is a total failure in the U.S.

    Capitalism sounds good in theory. Unfortunately there's too many wealthy and powerful willing to sell their soul, and sell out their country to make or save a buck. This is why Capitalism in it's current state is a disaster.
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