Economic Systems (different version) (user search)
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  Economic Systems (different version) (search mode)
Pages: [1]
Poll
Question: Which system is best?
#1
Anarchy		  
#2
Laissez-faire		  
#3
Laissez-faire lite (1890s U.S.)		  
#4
Socialism lite (U.S.)		  
#5
Eurosocialism (Europe)		  
#6
Communism (USSR)		  
Show Pie Chart
Partisan results
Total Voters: 40

Author Topic: Economic Systems (different version)  (Read 3615 times)
A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« on: May 30, 2005, 09:33:36 PM »
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #1 on: May 30, 2005, 09:58:40 PM »
The 1890s U.S. was not laissez-faire. Mostly laissez-faire (laissez-faire lite) but not laissez-faire. Just look at the Interstate Commerce Act.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #2 on: May 31, 2005, 06:55:28 PM »
Maybe he likes freedom.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #3 on: May 31, 2005, 07:15:08 PM »
Not everyone is a selfish jerk, opebo.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #4 on: May 31, 2005, 07:20:46 PM »
The vast majority of people do not benefit from the current minimum wage, Social Security system, welfare, farm subsidies, etc.

Now, by selfish jerk I was referring to the fact that they wouldn't support your economic system, which would allow people to do no work and live 'comfortably.' Not to mention collapse the economy, so I guess it doesn't really take too much selflessness.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #5 on: May 31, 2005, 07:30:07 PM »
If people want to give away money for free, that's their business, not the state's. Everyone else is being compensated.

We are not near laissez-faire. These programs stunt growth, promote inefficiency, and create a culture of dependency. Most of us would be better off without such interventions.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #6 on: May 31, 2005, 10:16:02 PM »
What percentage of the bottom 90% benefit from the minimum wage, or farm subsidies (corporate welfare), or Social Security, which takes their money and gives it back to them?
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #7 on: May 31, 2005, 10:35:35 PM »
So how are they going to become 'utterly improverished' when they're gone (which seems unlikely to happen for another 100 years)?
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #8 on: May 31, 2005, 10:49:11 PM »
You said the BOTTOM 90%!

Not 1%, not 2%, 90%!

Well, guess what? The bottom 90% is not unemployed.

Most people do not make minimum wage, nor would they benefit from an increase. Certainly not 90%.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #9 on: May 31, 2005, 10:54:41 PM »
And I responded to two of them. The lack of unions is not impoverishing the bottom 90% either.
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A18
Atlas Star
*****
Posts: 23,794
Political Matrix
E: 9.23, S: -6.35
« Reply #10 on: May 31, 2005, 11:00:01 PM »
A minimum wage increase is not going to benefit even a substantial percentage of the bottom 90%. Agree or disagree?

The bottom 90% is not being utterly improverished, as you claimed, due to lack of jobs. Agree or disagree?

Wages are set by market influences. Unions are not necessary, and not everyone does a bunch of unskilled labor.
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