:blessed: Capitalism and Competitive Markets

DEAD7

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So we set the bar for extreme poverty at $1.90 of household consumption per day? Thats a pretty low bar.

And almost all of this poverty being "eliminated" has occurred in china which is skewing these world numbers. China, despite them embracing parts of capitalism, are still very much a command economy as well
Agreed... but things are moving in the right direction by any metric. Not getting worse.
 

jj23

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Progressives choosing to ignore evidence in favor of personal attack’s.:ohhh:

:mjlol:The left is such a joke.
Look he’s using a liberal site to spew facts we can’t refute, let’s attack him.


:blessed:I love this board.
I look forward to someone attempting to explain how it isn’t competitive markets and privately owned means of production fueling this progress... and crediting progressives/socialist.

Still no correlation to causation but keep thinking you are owning the libtards. :pachaha:

Btw the attacks aren't attacks if they are true. Then you are just stating fact. You have taken social justice situations and government regulations to protect citizens and argued that this is all due to competitive markets.

Bullshyt.

Extreme Poverty is at an all time low.
Due to social justice and government efforts to even gaps between rich and poor by forcing people at the lower end of the skill scale to be paid at a wage that allows them to survive. Otherwise lower skilled workers would all be working in Amazon warehouse conditions. Still a lot more that needs to be done.

Hunger is at an all time low
Advances in scientific research (government and private) and better distribution of food across the planet. Still a long way to go.


Childbirth death is at an all time low

Advances in scientific research (government and private)

Leisure time is at an all time high

I have no clue about this

child mortality is down
Advances in scientific research (government and private)



Literacy is up

Government and social justice focused. Especially given the efforts to recognise and assist children with autistic and other traits who would have been thrown under the bus back in the day as retarded or dumb.

Access to the internet is up

Government and private initiatives. The internet left to competitive markets will see the end of net neutrality.

Solar is getting cheaper

Government leading private investment into sustainable energy through regulation changes. What would be interesting to note would be how much the US has gone backward since Obama due to Trump rolling back the regulations on sustainable energy.


Here in the U.S.
crime rates across the board continue to decline

Not one fukk to do with private markets. Of competition.

Violent crime at all time low
Not one fukk to do with private markets. Or competition.



share of income spent on food has plummeted

I will give you that one. Probably market driven. :ld:


Life expectancy continues to rise

Advances in scientific research (government and private)

Smoking is down

Governments had to push for this to become law and accepted. Private tobacco companies pushed against this and tried to keep the health risks of smoking covered up.
Pipeline leaks are down
Tougher government regulations. You have to wait and see the fukkery we will find out private companies will be up to now that Trump has rolled back regulations

Car accidents are down
Government and market driven. Government seat belt regulations have saved a ton of lives, along with efforts to curb driving while intoxicated.

So one possible market driven initiative in your entire list.

But you cook :mjpls:


 

MMS

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:patrice:..poor folks trade their time and labor for a check...the problem is: capitalism discourages workers from asking/demanding/negotiating for a larger share of the wealth their time and labor creates...
how many jobs would you turn down before you got the price you wanted :jbhmm:

as an owner, my goal is revenue via the money I spend. I am going to spend as little as necessary to ensure higher profits. The only way to convince someone that you are worth more is to SELL them. If they are not sold on your value from the jump they will resist giving you raises.

The real secret to high salary is simply leaving your job for a higher title and salary. Raises is :feedme:no matter if you're in a suit or in overalls

you always asking for a bigger cut. Only "job" that determines their wage is sales.
 

Kuro

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No, the abundant supply of them means an employer can reject the demand and higher someone else with relative ease.

and that is why i said capitalism discourages workers from asking for a bigger share of the pie...i wonder what would happen if all workers demanded more money...or if they all got fired for asking for more money or if they all said fukk it and quit:lupe:...
 

Kuro

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how many jobs would you turn down before you got the price you wanted :jbhmm:

as an owner, my goal is revenue via the money I spend. I am going to spend as little as necessary to ensure higher profits. The only way to convince someone that you are worth more is to SELL them. If they are not sold on your value from the jump they will resist giving you raises.

The real secret to high salary is simply leaving your job for a higher title and salary. Raises is :feedme:
no matter if you're in a suit or in overalls

you always asking for a bigger cut. Only "job" that determines their wage is sales.


ok bruh...we just gon have to disagree on that...probably because the best jobs i ever had had collective bargaining...i believe in negotiating...
 

MMS

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ok bruh...we just gon have to disagree on that...probably because the best jobs i ever had had collective bargaining...i believe in negotiating...
have you ever considered the other side? Remember most jobs have jobbers in between them and the owner anyways :skip:

Im deadass about big pay raises though. You leave for another job after you list certain experiences you can easily add 25-50% raises if you catch opportunities at that time frame.

that said, all jobs lead to the same problem because youre trading time for money as opposed to money for more money.
 

DEAD7

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Still no correlation to causation but keep thinking you are owning the libtards. :pachaha:

Btw the attacks aren't attacks if they are true. Then you are just stating fact. You have taken social justice situations and government regulations to protect citizens and argued that this is all due to competitive markets.

Bullshyt.

Extreme Poverty is at an all time low.
Due to social justice and government efforts to even gaps between rich and poor by forcing people at the lower end of the skill scale to be paid at a wage that allows them to survive. Otherwise lower skilled workers would all be working in Amazon warehouse conditions. Still a lot more that needs to be done.

Hunger is at an all time low
Advances in scientific research (government and private) and better distribution of food across the planet. Still a long way to go.


Childbirth death is at an all time low

Advances in scientific research (government and private)

Leisure time is at an all time high

I have no clue about this

child mortality is down
Advances in scientific research (government and private)



Literacy is up

Government and social justice focused. Especially given the efforts to recognise and assist children with autistic and other traits who would have been thrown under the bus back in the day as retarded or dumb.

Access to the internet is up

Government and private initiatives. The internet left to competitive markets will see the end of net neutrality.

Solar is getting cheaper

Government leading private investment into sustainable energy through regulation changes. What would be interesting to note would be how much the US has gone backward since Obama due to Trump rolling back the regulations on sustainable energy.


Here in the U.S.
crime rates across the board continue to decline

Not one fukk to do with private markets. Of competition.

Violent crime at all time low
Not one fukk to do with private markets. Or competition.



share of income spent on food has plummeted

I will give you that one. Probably market driven. :ld:


Life expectancy continues to rise

Advances in scientific research (government and private)

Smoking is down

Governments had to push for this to become law and accepted. Private tobacco companies pushed against this and tried to keep the health risks of smoking covered up.
Pipeline leaks are down
Tougher government regulations. You have to wait and see the fukkery we will find out private companies will be up to now that Trump has rolled back regulations

Car accidents are down
Government and market driven. Government seat belt regulations have saved a ton of lives, along with efforts to curb driving while intoxicated.

So one possible market driven initiative in your entire list.

But you cook :mjpls:

Read my post again I said privately owned means of production fueling the advancement.


That said, most by your account are a combination of market/government. I’d argue wealth generation via the market has been a prereq for many(if not all) progressive policies. As Bernie famously begins so many of his pitches “in a country as rich as this”.

I also disputed the crime reduction point. I believe the stronger the economy the more job growth, the Lowe crime will be...

I appreciate you acknowledging the markets role
 

DEAD7

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how many jobs would you turn down before you got the price you wanted :jbhmm:
Depends entirely on my skill set in the scenario, and the market for said skills.

If my skill set maxed out at folding boxes or cutting potatoes... I wouldn’t fault capitalism.
 
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Cynic

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Extreme Poverty is at an all time low:blessed:
Hunger is at an all time low:blessed:
Childbirth death is at an all time low:blessed:
Leisure time is at an all time high:blessed:
child mortality is down:blessed:
Literacy is up:blessed:
Access to the internet is up:blessed:
Solar is getting cheaper:blessed:


Here in the U.S.
crime rates across the board continue to decline:blessed:
Violent crime at all time low:blessed:

share of income spent on food has plummeted:blessed:
Life expectancy continues to rise:blessed:
Smoking is down:blessed:
Pipeline leaks are down:blessed:
Car accidents are down:blessed:

Competitive Markets are the key! Rejoice brehs!!!!!!!:ohlawd:

:mjcry:If only we could get progressives to be sensible... we could do such amazing things.

The yield curve has just inverted breh...

German GDP is slowing...

China is undergoing capital controls....

UK pound fell to $1.30....and will lower after Brexit



This might be the most absurd post I've ever seen you make.
 

DEAD7

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The yield curve has just inverted breh...

German GDP is slowing...

China is undergoing capital controls....

UK pound fell to $1.30....and will lower after Brexit



This might be the most absurd post I've ever seen you make.
Fewer people are hungry, more people are literate, violent crime is down, child labor is almost wiped out, more people have access to basic needs... whats so "absurd" about stating things are getting better?
 

DEAD7

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Technological Progress

A combination of industrial offshoring, technological innovation and economies of scale have resulted in a price decline in goods such as televisions (-96% since 1997), software (-67%), toys (-69%), and clothing (-4%).:obama: In contrast, the prices of goods and services such as education, childcare, medical care, and housing have increased significantly, rising by 150%, 110%, 100% and 58%, respectively.

The observed rise in costs of services may be partly attributed to the so-called 'Baumol's cost disease', which is an important exception from the general regularity that the pay for labor – the wage – reflects the productivity of labor. Baumol's cost disease describes the phenomenon whereby wages rise in jobs which have experienced little improvements in labor productivity in order to compete with salaries in other sectors.

Examples of service-based roles such as nursing, healthcare, childcare and education have experienced little productivity growth relative to manufacturing sectors which have seen continued improvements through technological innovation. In order to retain employees in service-based roles, salaries have risen in order to remain competitive with industrial sectors; this increase in pay has occurred despite minimal gains in productivity. This may in part explain why the cost of education, healthcare and other services have risen faster than the general rate of inflation.
 

DEAD7

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Global Extreme Poverty

It is important to emphasize that the International Poverty Line is extremely low. Indeed, 'extreme poverty' is an adequate term for those living under this low threshold. Focusing on extreme poverty is important precisely because it captures those most in need. However, it is also important to point out that living conditions well above the International Poverty Line can still be characterized by poverty and hardship. Accordingly, in this entry we will also discuss the global distribution of people below poverty lines that are higher than the International Poverty Line of 1.90 int.-$. But relying only on higher poverty lines would mean that we are not keeping track of the very poorest people in the world and this is the focus of this entry.

The world economy is growing. In less than a generation the value of the yearly global economic production has doubled.1

Increasing productivity around the world meant that many left the worst poverty behind.:obama: More than a third of the world population now live on more than 10 dollars per day. Just a decade decade ago it was only a quarter. In absolute numbers this meant the number of people who live on more than 10 dollars per day increased by 900 million in just the last 10 years.2

This expansion of the global middle class went together with progress in reducing global poverty – no matter what poverty line you want to compare it with, the share of the world population below this poverty line declined.3 In 1990 international organizations adopted a definition of poverty in line with the poverty lines in low-income countries. In the latest adjustment the international poverty line is set to the threshold of living on less than $1.90 per day. That is a very poverty line and focusses on what is happening to the very poorest people on the planet.4
 

DEAD7

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Child Labor

Contrary to popular perception, most working children in the world are unpaid family workers, rather than paid workers in manufacturing establishments or other forms of wage employment.


Good read :ehh:
 
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