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#6 |
The Old Man
![]() Join Date: May 2006
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[quote=The Noob]Capitalism is bad for the "Normal" people with little money. Capitalism is only good for the Big Damn Concerns. I'm not one of these, i ain't rich, so to hell with Capitalism! quote]
Aw for christ sake kid.....do you even uderstand how capitalism works as opposed to Communism? Here's a crash course on economics: Capitalism depends on independent owners creating a domestic and international market. And the reason there is such a large gap between the rich and poor is because of the LACK of education about money. Rich people don't work for money, money works fro them. The rich own assets, assets create money and they don't have to do anything with those assets, employees take care of that. What employees don't know is how to handle money. Employees work, are taxed before they get their paycheck, get it, pay their bills, and then they get what's leftover, which isn't much. The rich pay themselves first with legal, pre-tax dollars. So the rich will put their income from their assets and job (if they choose to work) back into their assets and spend pre-tax dollars before they're taxed, they do this by spending the money as a "Company Expense." For example: Vehicle repairs are a company expense, dinners and lunch with clients are company expenses, buying real-estate is a company expense, etc. Whatever is left-over from company expenses is taxed by Uncle Sam. If you want more information about this I suggest you read a book called "Rich Dad & Poor Dad" by Robert Kiyosaki. Now about Communism. This sort of government had ONLY a domestic market, with no outlet for international markets. Farms are collectivised, and nobody is allowed to own any personal belongings. Everything is owned by the state.....even YOU. China has actually outsmarted the Russians by giving in to a hybrid Communist/Capitalist market. China maintains an Iron Rod over her citizens and domestic affairs while selling goods that are in high demand to overseas markets. This provides a constant cash-flow INTO CHina, keeping the domestic market alive. But I've yet to see a full-blown transition into a capitalist market with the Chinese buying goods from other nations in large quantities.
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Science is the organized unpredictability that strives not to set limits to mans' capabilities, but is the engine by which the limits of mans' understanding is defined-Yahoshua ![]() ![]() ![]() |
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