A realists view of economics - GoFuckYourself.com

Probono · 11-06-2004, 06:29 PM

I tacked this on the tuition thread but I think it is important enough to stand on it's own.

The rich cannot be rich without the sweat of the poor. That has never changed. Teresa Heinz Kerry does not manufacture ketchup, thousands of working people manufacture ketchup using their sweat and the capital of those who own stock in Heinz. That is the upper and the middle class.

Remember the primary goal of Heinz is not ketchup manufacturing but returning a good rate of return on the capital, dividends to shareholders. To do that they will pay as little as possible to manufacture the ketchup. So if there are people in timbuktu willing to work for less and freight, tarriffs and other economic forces make it more profitable to make ketchup in Timbuktu that is where they will built a plant. The only mitigating factor is government incentive to keep the jobs at home.

Wealth is the essence of a capitalistic society and without it would would have some more egalitarian system. Unfortunately no other system seems to work.

Even the Romans recognized the need for bread and circuses. If you forget the poor and they have no way to eat they will sieze the ketchup factory and eat fat greedy cat with lots of ketchup.

It takes some recognition of reality to maintain social stability.

Alex · 11-06-2004, 06:31 PM

Moral of Story: Outsourcing is bad.

Alex From San Diego · 11-06-2004, 06:35 PM

Everyone can't be doctors, lawyers or some other high paying profession. You also need garbageman, dishwashers..etc....

Your level of success is solely dependent on you, yourself and no one else.

you have to ask yourself, how much drive do you have and what makes you content?

Probono · 11-06-2004, 06:48 PM

Quote:

Originally posted by Alex From San Diego
Everyone can't be doctors, lawyers or some other high paying profession. You also need garbageman, dishwashers..etc....

Your level of success is solely dependent on you, yourself and no one else.

you have to ask yourself, how much drive do you have and what makes you content?

You are 100% on point BUT never forget this, in a society that does not remember those who have nothing those who have nothing to loose have no incentive to retain a stable society.

The balance is what has been looked for throughout western history. At it's most insideous it is sterilize the poor and use their labor till they die. That to my knowledge was has never been done. What has been done is keep the poor eating, house and influenced by a religion that makes suicide a sin. Slave today and you will be a king in another life.

There must be a way to keep the lowerclass calm if not working. I am shocked the government does not distribute drugs in the ghetto, or maybe they do?

Xenophage · 11-06-2004, 08:04 PM

I want a colluseum

11-06-2004, 06:29 PM	#1
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	A realists view of economics I tacked this on the tuition thread but I think it is important enough to stand on it's own. The rich cannot be rich without the sweat of the poor. That has never changed. Teresa Heinz Kerry does not manufacture ketchup, thousands of working people manufacture ketchup using their sweat and the capital of those who own stock in Heinz. That is the upper and the middle class. Remember the primary goal of Heinz is not ketchup manufacturing but returning a good rate of return on the capital, dividends to shareholders. To do that they will pay as little as possible to manufacture the ketchup. So if there are people in timbuktu willing to work for less and freight, tarriffs and other economic forces make it more profitable to make ketchup in Timbuktu that is where they will built a plant. The only mitigating factor is government incentive to keep the jobs at home. Wealth is the essence of a capitalistic society and without it would would have some more egalitarian system. Unfortunately no other system seems to work. Even the Romans recognized the need for bread and circuses. If you forget the poor and they have no way to eat they will sieze the ketchup factory and eat fat greedy cat with lots of ketchup. It takes some recognition of reality to maintain social stability. Last edited by Probono; 11-06-2004 at 06:30 PM..

11-06-2004, 06:31 PM	#2
Alex So Fucking Banned (YEA!!) Join Date: Jun 2004 Posts: 10,963	Moral of Story: Outsourcing is bad. __________________ Care about me? Who? Me! Who?

11-06-2004, 06:35 PM	#3
Alex From San Diego Confirmed User Join Date: May 2001 Location: San Diego Posts: 1,642	Everyone can't be doctors, lawyers or some other high paying profession. You also need garbageman, dishwashers..etc.... Your level of success is solely dependent on you, yourself and no one else. you have to ask yourself, how much drive do you have and what makes you content? __________________ We are what we repeatedly do.-Aristotle

11-06-2004, 08:04 PM	#5
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	I want a colluseum