tag:blogger.com,1999:blog-7225373.post7186987042836728367..comments2024-02-29T03:34:23.190-05:00Comments on Who Were the Sea Peoples?: Capitalismgcallahhttp://www.blogger.com/profile/10065877215969589482noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-7225373.post-61456576437613757072014-03-19T11:15:15.672-04:002014-03-19T11:15:15.672-04:00Right. Even capital has found away around minimum ...Right. Even capital has found away around minimum wage hikes, so in this way capital is still in control. And we can still ask whether that is a good thing or not. Adam Szczepanskihttps://www.blogger.com/profile/11940326313751161881noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-7342759166904507142014-03-18T21:55:08.174-04:002014-03-18T21:55:08.174-04:00Yes, a simple ROI calculation for the investor. If...Yes, a simple ROI calculation for the investor. If workers want to eek out a slightly more enjoyable/comfortable existence, well, why should I, as the investor, be the one to provide it? I'm only interested in making more money with the money that I have. That is the essence of capitalism, no? Well this logic winds up in the political sphere as rhetoric touting Job Creators or Trickle Down Economics, etc. Which is all nonsense, because those with capital are only interested in their capital, the protection and growth of their capital, and how their needs are met and serviced. Of course, once you enter the political sphere, workers actually count for something! And so it goes.Adam Szczepanskihttps://www.blogger.com/profile/11940326313751161881noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-5073508668136674752014-03-18T18:28:41.963-04:002014-03-18T18:28:41.963-04:00KPres, It is conceivable that a minimum wage might...KPres, It is conceivable that a minimum wage might redistribute money from capital to the workersgcallahhttps://www.blogger.com/profile/10065877215969589482noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-73885047375892301452014-03-18T18:22:30.366-04:002014-03-18T18:22:30.366-04:00Why would a minimum wage hurt capitalists? Aren&#...Why would a minimum wage hurt capitalists? Aren't their competitors living with the same wage floor? The only people a minimum wage law is likely to harm are consumers through higher prices, or laborers that get priced out of the market. I could see maybe where one capitalist benefits at the expense of another (ie, high-end producers benefit at the expense of low-end producers) but that's not hurting "capitalists" in the aggregate.KPreshttps://www.blogger.com/profile/13338372779788525145noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-81818881638260294692014-03-17T21:01:15.949-04:002014-03-17T21:01:15.949-04:00This is why, when I hear Republican rhetoric about...This is why, when I hear Republican rhetoric about job creators and minimum wage hurting businesses and so on and so forth, all I hear is Boss Logic; capitalism serves those with capital. Those are the people for whom this policy would hurt! Meanwhile in Detroit. Which is why I can never vote for that side. I have to at least support the normative underdog. Adam Szczepanskihttps://www.blogger.com/profile/11940326313751161881noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-23584699374641017212014-03-17T13:33:34.164-04:002014-03-17T13:33:34.164-04:00The left leaning people I talk to (i.e., an ML, an...The left leaning people I talk to (i.e., an ML, an anarchist, etc.) over on the political board I belong to consider fascism to be late stage capitalism.Samson Corwellhttps://www.blogger.com/profile/10148822362930969284noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-56775937319133962042014-03-17T10:54:26.871-04:002014-03-17T10:54:26.871-04:00Siri!!
Thanks. Siri!!<br /><br />Thanks. gcallahhttps://www.blogger.com/profile/10065877215969589482noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-6037815997817245162014-03-17T10:18:36.596-04:002014-03-17T10:18:36.596-04:00"car meant involvement"?"car meant involvement"? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7225373.post-37943001222982623832014-03-17T01:10:01.269-04:002014-03-17T01:10:01.269-04:00"Suppose that owners of capital (not even bus..."Suppose that owners of capital (not even business owners; maybe small-time savers) support a socialist movement?"<br /><br />No, I think the idea is that it is "capitalist" when the owners of capital are acting in their class interest: if they are expropriating themselves, then they have abandoned capitalism.gcallahhttps://www.blogger.com/profile/10065877215969589482noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-51843420927661165062014-03-16T20:15:43.026-04:002014-03-16T20:15:43.026-04:00Speaking of this subject, Gene, did you know that ...Speaking of this subject, Gene, did you know that Saudi Arabia was a command economy?Samson Corwellhttps://www.blogger.com/profile/10148822362930969284noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-496311011251607072014-03-16T20:07:32.423-04:002014-03-16T20:07:32.423-04:00Ehh, I've pretty much given up on the word. Di...Ehh, I've pretty much given up on the word. Ditto for terms like "socialism", "communism", and "free market". "Intervening in the economy" never sat well with me either. I pretty much choose to use more unconventional phrases at this point (i.e., <a href="http://en.wikipedia.org/wiki/Khakistocracy" rel="nofollow">khakistocracy</a>, <a href="http://en.wikipedia.org/wiki/Stratocracy" rel="nofollow">stratocracy</a>, <a href="http://en.wikipedia.org/wiki/Autarky" rel="nofollow">autarky</a>, etc.).Samson Corwellhttps://www.blogger.com/profile/10148822362930969284noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-29032137468675300622014-03-16T19:31:40.997-04:002014-03-16T19:31:40.997-04:00I agree with your point. But, I wonder if that mak...I agree with your point. But, I wonder if that makes socialism/communism/whatever an empty concept. Suppose that owners of capital (not even business owners; maybe small-time savers) support a socialist movement? So, is that socialist movement now capitalist, and what would a socialist do about that (even if that movement led to the "ideal" socialist system -- for the sake of argument)?Jonathan Finegold Catalánhttps://www.blogger.com/profile/16710256011291680376noreply@blogger.com