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Economic Liberalism Discussion

I don't get why you are stanning for a bunch of sociopaths who gorge themselves fat while telling everyone else to be grateful for the scraps tossed from the table. Yes some do commit suicide and yes that is bad but that does not erase the harm they do upon the world.

Do you know how often CEOs get changed in companies? Really fucking often. Intel's last CEO, who is an utter disgrace now btw, only lasted around~ 6 years as I recall. AMD's current CEO has been around for like 3 or 4 years. CEOs that stay on for a long time are rare. Like, you very clearly don't understand fuck all about how companies work. Period, end of story. You are a toddler wailing about the price of tea in china.
 
Do you know how often CEOs get changed in companies? Really fucking often. Intel's last CEO, who is an utter disgrace now btw, only lasted around~ 6 years as I recall. AMD's current CEO has been around for like 3 or 4 years. CEOs that stay on for a long time are rare. Like, you very clearly don't understand fuck all about how companies work. Period, end of story. You are a toddler wailing about the price of tea in china.

Oh boo fucking hoo It's so bad that somebody is so mean to a psychopath who makes far more in a day than what the average person sees in a year. And the typical houseworker for them who gets paid a pittance yet does far more work than they ever will, only keeping silent for fear of being deported.
 
Oh boo fucking hoo It's so bad that somebody is so mean to a psychopath who makes far more in a day than what the average person sees in a year. And the typical houseworker for them who gets paid a pittance yet does far more work than they ever will, only keeping silent for fear of being deported.
...Do you seriously not comprehend the idea of management as work? Or that the money CEOs earn is a minuscule fraction of what the company's earnings are, even including the stock? Jeff Bezos' wealth comes virtually entirely from doing a job very well (compensation is 1.6 million to Amazon's 177 billion revenue. The reason it has any profit at all is because of the Web Services, though that's going to change soon because they're reaching the saturation point in North America, and the international market will follow soon after). Granted, because that job is essentially promising investors that he'll establish a functional monopoly on Internet-based retail, he's not even remotely deserving of being the richest man alive for it, but he does deserve immense wealth for making and maintaining a very valuable company.
 
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

AAAAAAHAHAHAHA

"It's not a personal attack, I just use an analogy that's very insulting!"

The "price of tea in china" phrase is a measure of absurdity, and while the "toddler" part is slightly insulting, it's more to show how absurd his current rhetoric is. A toddler has no knowledge of what the price of tea in china even is, let alone what causes its price.
 
And the workers who toil in gruelling conditions should be grateful for achieving such a feat as opposed to maybe you know getting actual pay and not get treated like shut?
...Your rebuttal is "but he's paying the workers poorly!", when their median pay, the pay that has half of the employees payed less than it but also half of them payed more than it, is either slightly above or slightly below half the average household income of the United States, while being slightly over 10% less than the median per-capita income for the US as a whole. In case you didn't know, Amazon is a retail company that owns its own wearhouses. The majority of their employees are likely warehouse staff. Do you seriously expect forklift operators to make much over $30,000 a year? Furthermore, Amazon has locations in places with lower average incomes by quite considerable margins, and the job market outside of Amazon in America has a significantly larger proportion of higher-paying jobs than inside it. Because Amazon is retail, it doesn't have much room for those high-paying jobs.

So Jeff Bezos isn't exactly cutting wages wherever he can to save some money, given how close the pay figures are to the general public for one of the richest countries on Earth. Given that revenue is the figure he keeps getting investors to focus on, he frankly has no need to do so, because those are the expenses he's getting them to ignore as part of getting them to pay less attention to profit and more on market share.
 
...Your rebuttal is "but he's paying the workers poorly!", when their median pay, the pay that has half of the employees payed less than it but also half of them payed more than it, is either slightly above or slightly below half the average household income of the United States, while being slightly over 10% less than the median per-capita income for the US as a whole. In case you didn't know, Amazon is a retail company that owns its own wearhouses. The majority of their employees are likely warehouse staff. Do you seriously expect forklift operators to make much over $30,000 a year? Furthermore, Amazon has locations in places with lower average incomes by quite considerable margins, and the job market outside of Amazon in America has a significantly larger proportion of higher-paying jobs than inside it. Because Amazon is retail, it doesn't have much room for those high-paying jobs.

So Jeff Bezos isn't exactly cutting wages wherever he can to save some money, given how close the pay figures are to the general public for one of the richest countries on Earth. Given that revenue is the figure he keeps getting investors to focus on, he frankly has no need to do so, because those are the expenses he's getting them to ignore as part of getting them to pay less attention to profit and more on market share.

It's also enlightened self interest, a lot of that money will go back to the company much like what happened with Ford in the early years(employees buying the model T because they were paid well enough to do so).
 
Trade and immigration have never been so popular in America
WHILE Donald Trump's policies on the international flow of goods, services and people have oscillated between cosmetic and consequential, his speeches about globalisation have carried a consistent message. America, he says, suffers from unfair trade deals and unproductive immigrants, both of which take jobs from Americans and weaken the economy. It is often assumed that Mr Trump is tapping into a broad-based backlash against globalisation with this rhetoric. But research suggests the opposite: trade and immigration are at a peak of popularity.

The Pew Research Centre has polled Americans on their opinions about growing trade and business ties with other countries since 2002. The proportion suggesting such ties were very good has never been higher than in 2018, and the proportion suggesting they were either somewhat or very good, at 74%, was only surpassed in 2002. Gallup, meanwhile, has asked if trade is primarily an opportunity for economic growth or a threat to the economy since 1992. Before 2015, the proportion suggesting it was primarily an opportunity had never risen above 56%. It reached 72% in 2017 and was still at 70% percent in February 2018.

Gallup has also asked Americans if immigration should be increased, decreased or kept at the present level since 1965. The proportion that wants to see immigration increase has never been higher, nor has the proportion calling for a decrease been lower. Over two-thirds of Americans polled in June 2018 wanted to keep immigration at its current level or increase it. Asked if immigrants mostly helped or mostly harm the economy, the majority of those who offered an opinion in 2017 thought that immigrants mostly helped. This was the first and only time that the positive view has been in the majority since the question was first asked in 1993.
According to the Economist, immigration and trade may have become more popular than ever in recent years, a counter to Donald Trump's anti-globalization message to the American people. Republicans are increasingly suspicious towards immigration and trade while Democrats are gradually embracing them.
 
Doesn't matter, the fact is, every major country in the world outside of Trudeau's Canada is turning against Immigration. Salvini in Italy, Kurz in Austria, Macron in France. Since 2015, nativist parties have surged in every single election. While Germany has been moving further to the right on immigration. Open Borders is dead in the water.

As for Trade, the current trade system is past the point of no return, and if you mention to Millennials how companies send death squads to rape and murder people who criticise the sweatshop conditions, they turn to the DSA/Chapo Trap House section of the left VERY quickly.
 
and if you mention to Millennials how companies send death squads to rape and murder people who criticise the sweatshop conditions
Only found in a handful of third world hellholes generally regarded as failed states, because this isn't able to happen when there's functional rule of law.
 
Why do you think companies prefer the third world to be reduced to hellhole?

>implying companies have any say in the matter

Buddy, hate to say this but liberal economics has insured that the third world is starting to enter into a more industrial age, as shown by the rising birth rates and falling death rates.
 
Considering how capitalism kills 20 million people on average every year (Google it)

Number based on starvation stats in first world countries, not a "this kills people" number, it's a "has failed to help" number. A number that is constantly in decline.


It's almost like capitalism matters fuck all there and that capitalism does not mean you can't have regulations.


The amount of poverty in the world has been dropping since the industrial revolution.
World-Poverty-Since-1820.png

>liberal economics
>China

Pick one lol

And where, exactly, does china get most of its money from? Factories producing goods for corporations.
 
$2 a day is a rather low bar for poverty and doesn't stop corporations from enslaving towns and slaughtering people who protest. Ever wondered why evo Morales is so popular in Bolivia? Is it because he hates the global poor, unlike the big multinationals who feed children to dogs and gorge themselves from forcing villages into drought?
 
$2 a day is a rather low bar for poverty and doesn't stop corporations from enslaving towns and slaughtering people who protest. Ever wondered why evo Morales is so popular in Bolivia? Is it because he hates the global poor, unlike the big multinationals who feed children to dogs and gorge themselves from forcing villages into drought?

So get a stronger government then. Get rule of law. Don't blame the economic principles for the dumbasses making the rules.
 
So get a stronger government then. Get rule of law. Don't blame the economic principles for the dumbasses making the rules.

But those run in conflict with the multinationals who are global citizens that are one with the world, despite causing almost all co2 emissions which will cause half the human population to go underwater by 2100.
 
But those run in conflict with the multinationals who are global citizens that are one with the world, despite causing almost all co2 emissions which will cause half the human population to go underwater by 2100.

That is hilariously hyperbolic.
 
Ethiopia is opening up its borders to African visitors with a visa-on-arrival push
Ethiopia is taking the dream of free movement in Africa one step further.

The country will soon allow African citizens to enter without obtaining visas in advance, president Mulatu Teshome told parliament on Monday (Oct. 8). The move follows the decision in June by new prime minister Abiy Ahmed to start issuing online visas for tourists and visitors coming from all over the world. Currently, all travelers, except those from Kenya and Djibouti, have to get a visa before departure or receive it on arrival.

The decision to relax the visa regime will likely be a boon for the country's hospitality and conference tourism sectors. The capital Addis Ababa is one of the world's largest diplomatic hubs, hosting the seat of the African Union, the United Nations Economic Commission for Africa, and dozens of foreign embassies.
Ethiopia will soon allow African citizens to enter the landlocked country without obtaining visas in advance.
 
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