Why would I root for any billionaire and what would for?
I dont know either.. they seem always so non-capable
cant use the subway ,
cant use Normal Planes
cant keep their House in order without 10 helpers or so ..
cant wage labor
cant cook
still uses Boats like its the Bronce age ...
etc..
Just because I'm not a communist doesn't mean I'm not in favor of eating the rich.
But if your ideology respects passive income , how can you Murder those that have passiv income ?
I'm not against passive income, I'm against billionaires.
"i am not against billionaires , i am against billionaires"
You know that most retirees rely on passive income, right? That investment is for the working class as well as the bourgeois and wealthy? Fucks sake, I wait tables and I invest, both in stocks and real estate.
i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .
Passive Income is Landlords and Interest .. if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water ..
Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn't be the case, but you cannot seriously argue that this is not the case.
I'm not watching a video. Anything worth saying is better said in plain text.
Again, I wait tables and will not receive a pension; I barely receive a wage. Any late-life income is going to be either support from my children or from investments I make now.
I'm not watching a video. Anything worth saying is better said in plain text.
so you refuse to aquire new information ? lol ...
the Money you invest is the Money YOU laboured for (your active Income)
the Money you Boss invests is also the Money YOU laboured for (his Passiv Income).
its pretty wierd to imagine a definition .
--> then demand that your definition is the prober one ,
--> then refuse actually knowledge about the topic..
Again, I wait tables and will not receive a pension;
Your Employer (lives passivly by your labour) refuses to share enough of the "Surplus value" of your Labour with you for a Pension.
He is your enemy. he wants you to labour as Hard as you can and he wants to pay you as little as he needs to
he is Passiv Income.. his income is what is redacted from your Wage.
At this point, I almost have to think you're trolling. Until you prove it, though, I'll attempt to keep discussing in good faith.
And so, your link: "Usury" is the English word for that concept. And investments generally aren't interest-bearing loans, anyway, but profit-sharing ventures.
Further: If I take my wages, my active income, and I invest it, the income from those investments is passive income, even if the initial investment was made with active income.
Finally: Videos are an ablist format that are hostile to those with vision and hearing impairments, both of which I have. I don't think saying "use your words" is refusing new information, but rather demanding it.
there is Investment into "schaffendes Kapital" ---> productive Capital ... it Produces ... it Consumes .. most of what it produces increases general wellbeeing (there is Consumer deemand because it does) ..it is goodish side of Kapital
there is Investment into "Raffendes Kapital" ---> "Extracting Capital" ... Rent & Interest.. it does not Produce .. no , it is evens dependent on Decreasing Production.... decreasing general wellbeeing... decreased Housing --> increased Rent
interest produces nothing as well , it extracts Money (by a mathematical calculation , that does not really exist) and then produces Guilt by Misfortune...
--> it decreases general wellbeeing
think about your Rent . what Percentage of your Wage do you Pay just for Rent ? You Pay because a Human necessity (housing) is made "scarce" ...
You never even started discussing in good faith and refuse to learn anything you're just a smug liberal licking the boot of people that hate you and steal from you.
WTAF are you talking about. On Lemmy, youβre either a communist or a billlionaire tooting nazi.
Iβm in favour of a progressive tax on income, in favour of inheritance tax and in favour of a wealth tax. That doesnβt mean I think some people shouldnβt become rich from their efforts or that every wealthy person has gotten their by exploring the labour they employ (everybody else free to take that risk too).
Iβd like my government and country run like the Nordics. Where I do fit in in your insane binary world?
I am from the Nordics. Spoiler: the rich get rich from exploiting workers and national resources, or inheritance from someone else that did.
Look at university professors' pay compared to that of a broker if you think we have a merit awarding income system.
Me too. If you think the Nordics is bad, donβt move move to the U.K. or US where I am. We can argue all day long about our experience of each system, but look at the Gini coefficient alone for some data.
Yeah, I am proud of my country's history of somewhat national control over resources and not super incredibly terrible distribution of wealth. The bar set by the UK and US is outstandingly low though, and the trend for the Nordics is going in the wrong direction, and has been for 50 years, even though there were lots of potential for improvement even 50 years ago.
The communist viewpoint is that bourgeoisie interests will inevitably erode social democracies and make them rot from within. You have to replace the capitalist mode of production to have a chance at combatting exploitation of nature and people in any real and lasting capacity.
You can have a capitalist economy without billionaires. It just requires a wealth tax and welfare state. Nothing wrong with small businesses and anti trust.
All that said, UBI is inevitable with the rise of automation, as the value of labour drops to zero. The only question is: will the labour class fight for their share of the pie, or will they roll over and just die of hunger.
it just requires a wealth tax and welfare state
easy enough solution to defeat the Oligarchy , i could not imagine what stoping its implementation .. well besides the Oligarchy of course ..
I believe the most productive framing of UBI is directed toward the capitalists:
Say automation replaces the workforce you employ, with monumental savings to you! Now what?
The products that the businesses you control create require consumers. No consumers, no sales. Henry Ford realized this a century ago, which is why he championed a robust minimum wage. What good is the most efficient production if supply dwarfs demand? Even if you produce luxuries for the capitalist class, the buying power of those capitalists is predicated on their own profits. Elimination of the consumer class decimates the purchasing power of the capitalists which rely on their consumption, trickling up the chain.
Logically, it's best to view the taxes that enable UBI as akin to the ante at a poker table, with returns on production and marketing resembling the strength of your cards. If everyone at the table pays in, and you have the strongest hand, you get out more than you put in.
If Coke, Pepsi, RC Cola, and the various generics pay in relative to their revenue, but Pepsi secures an outsized market share, their profits outpace the ante.
This is inevitable, the alternative being total collapse for all parties. Maybe you'd be the last to exit the market, but without the ante system, everyone will exit the market soon enough.
Political consciousness has eroded. The poor root for their capitalist billionaire oppressors. They no longer care to have the pride to fight for themselves.
Infra-materialists unite!
None, fuck anyone with a net value over 10 million.
JB Pritsker
Richard Stallman.
He's not a billionaire, but he sure is a fossillionaire.
*fossillionaire
Damit
Regis Philbin.
HansjΓΆrg Wyss
he made his Fortune with Broken Spines ... makes kind holistic sense ...
Bruce Wayne. Not sure if he's a billionaire but he sure is a millionaire. I can't think of any other mega rich person worth rooting for
Eh. Using your tremendous wealth for vaguely directed battery is less than optimal. I think I'd take any of the real philanthropist billionaires over Bruce Wayne.
You mean the guy that brutalizes petty criminals and people with mental health issues instead of addressing any underlying conditions that he could with his vast wealth? You chose the fascist furry of all people?
Why would I root for any billionaire and what would for?
I dont know either.. they seem always so non-capable
Just because I'm not a communist doesn't mean I'm not in favor of eating the rich.
But if your ideology respects passive income , how can you Murder those that have passiv income ?
I'm not against passive income, I'm against billionaires.
"i am not against billionaires , i am against billionaires"
You know that most retirees rely on passive income, right? That investment is for the working class as well as the bourgeois and wealthy? Fucks sake, I wait tables and I invest, both in stocks and real estate.
i do not know that because it is wrong. Retirees deepend on their Pension. the Pension is from their earlier income .
Passive Income is Landlords and Interest .. if you Try to Put Students and Retierees in there you are a Classtraitor or 10.000 miles under the Water ..
Maybe this is different where you live, but where I live, most retirees have retirement investments, not pensions, and even pensions are usually drawn from a fund that is invested in the market. You can argue this shouldn't be the case, but you cannot seriously argue that this is not the case.
and the Fund is filled by what money ?
the Company profit or part of your Wage ?
watch this video you will understand afterwards..
I'm not watching a video. Anything worth saying is better said in plain text.
Again, I wait tables and will not receive a pension; I barely receive a wage. Any late-life income is going to be either support from my children or from investments I make now.
so you refuse to aquire new information ? lol ...
the Money you invest is the Money YOU laboured for (your active Income)
the Money you Boss invests is also the Money YOU laboured for (his Passiv Income).
its pretty wierd to imagine a definition .
--> then demand that your definition is the prober one ,
--> then refuse actually knowledge about the topic..
Your Employer (lives passivly by your labour) refuses to share enough of the "Surplus value" of your Labour with you for a Pension.
He is your enemy. he wants you to labour as Hard as you can and he wants to pay you as little as he needs to
he is Passiv Income.. his income is what is redacted from your Wage.
but i can do plain text as well : https://de.wikipedia.org/wiki/Zinsverbot (rightclick and translate , there is no english version you can wonder why )
At this point, I almost have to think you're trolling. Until you prove it, though, I'll attempt to keep discussing in good faith.
And so, your link: "Usury" is the English word for that concept. And investments generally aren't interest-bearing loans, anyway, but profit-sharing ventures.
Further: If I take my wages, my active income, and I invest it, the income from those investments is passive income, even if the initial investment was made with active income.
Finally: Videos are an ablist format that are hostile to those with vision and hearing impairments, both of which I have. I don't think saying "use your words" is refusing new information, but rather demanding it.
there is Investment into "schaffendes Kapital" ---> productive Capital ... it Produces ... it Consumes .. most of what it produces increases general wellbeeing (there is Consumer deemand because it does) ..it is goodish side of Kapital
there is Investment into "Raffendes Kapital" ---> "Extracting Capital" ... Rent & Interest.. it does not Produce .. no , it is evens dependent on Decreasing Production.... decreasing general wellbeeing... decreased Housing --> increased Rent
interest produces nothing as well , it extracts Money (by a mathematical calculation , that does not really exist) and then produces Guilt by Misfortune...
--> it decreases general wellbeeing
think about your Rent . what Percentage of your Wage do you Pay just for Rent ? You Pay because a Human necessity (housing) is made "scarce" ...
Productive Capital verus Extractive Capital
You never even started discussing in good faith and refuse to learn anything you're just a smug liberal licking the boot of people that hate you and steal from you.
My god you people are so domesticated Jesus christ.
WTAF are you talking about. On Lemmy, youβre either a communist or a billlionaire tooting nazi.
Iβm in favour of a progressive tax on income, in favour of inheritance tax and in favour of a wealth tax. That doesnβt mean I think some people shouldnβt become rich from their efforts or that every wealthy person has gotten their by exploring the labour they employ (everybody else free to take that risk too).
Iβd like my government and country run like the Nordics. Where I do fit in in your insane binary world?
I am from the Nordics. Spoiler: the rich get rich from exploiting workers and national resources, or inheritance from someone else that did.
Look at university professors' pay compared to that of a broker if you think we have a merit awarding income system.
Me too. If you think the Nordics is bad, donβt move move to the U.K. or US where I am. We can argue all day long about our experience of each system, but look at the Gini coefficient alone for some data.
Yeah, I am proud of my country's history of somewhat national control over resources and not super incredibly terrible distribution of wealth. The bar set by the UK and US is outstandingly low though, and the trend for the Nordics is going in the wrong direction, and has been for 50 years, even though there were lots of potential for improvement even 50 years ago.
The communist viewpoint is that bourgeoisie interests will inevitably erode social democracies and make them rot from within. You have to replace the capitalist mode of production to have a chance at combatting exploitation of nature and people in any real and lasting capacity.
You can have a capitalist economy without billionaires. It just requires a wealth tax and welfare state. Nothing wrong with small businesses and anti trust.
All that said, UBI is inevitable with the rise of automation, as the value of labour drops to zero. The only question is: will the labour class fight for their share of the pie, or will they roll over and just die of hunger.
easy enough solution to defeat the Oligarchy , i could not imagine what stoping its implementation .. well besides the Oligarchy of course ..
I believe the most productive framing of UBI is directed toward the capitalists:
Say automation replaces the workforce you employ, with monumental savings to you! Now what?
The products that the businesses you control create require consumers. No consumers, no sales. Henry Ford realized this a century ago, which is why he championed a robust minimum wage. What good is the most efficient production if supply dwarfs demand? Even if you produce luxuries for the capitalist class, the buying power of those capitalists is predicated on their own profits. Elimination of the consumer class decimates the purchasing power of the capitalists which rely on their consumption, trickling up the chain.
Logically, it's best to view the taxes that enable UBI as akin to the ante at a poker table, with returns on production and marketing resembling the strength of your cards. If everyone at the table pays in, and you have the strongest hand, you get out more than you put in.
If Coke, Pepsi, RC Cola, and the various generics pay in relative to their revenue, but Pepsi secures an outsized market share, their profits outpace the ante.
This is inevitable, the alternative being total collapse for all parties. Maybe you'd be the last to exit the market, but without the ante system, everyone will exit the market soon enough.
Solid take.
Infra-materialists unite!
None, fuck anyone with a net value over 10 million.
JB Pritsker
Richard Stallman.
He's not a billionaire, but he sure is a fossillionaire.
*fossillionaire
Damit
Regis Philbin.
HansjΓΆrg Wyss
he made his Fortune with Broken Spines ... makes kind holistic sense ...
Bruce Wayne. Not sure if he's a billionaire but he sure is a millionaire. I can't think of any other mega rich person worth rooting for
Eh. Using your tremendous wealth for vaguely directed battery is less than optimal. I think I'd take any of the real philanthropist billionaires over Bruce Wayne.
You mean the guy that brutalizes petty criminals and people with mental health issues instead of addressing any underlying conditions that he could with his vast wealth? You chose the fascist furry of all people?