Capitalism Rules, Socialism and Communism Suck Thread

[Jack Sawyer]

Is there something about this that you think characterizes something economists think?

Keep in mind that economics is not an exact science

Any economist you quote saying something, I can conjure one up of the same exact renown who says the exact opposite thing. I have linked to multiple articles explaining my stance on this in depth already, no need to do it again.

Now is there something about this that you think can, right now, explain how the poor are being held as scapegoats for a non-functioning economy? People are constantly angry at each other, yet I mostly see how poor people claim they "took our jerbs" "herpaderp" about mostly poorer people and also immigrants. Increase of xenophobia being the surefire byproduct. All the while, the wealthy keep getting wealtheir setting historical record after historical record. Or do you have a lady law approach to this occurence?

[wufwugy]

Keep in mind that economics is not an exact science

That is quite true. I'd be wary of any position that emerges (subtly) from the fact that economics is not hard science means that one can essentially discard or adopt what they want.

Any economist you quote saying something, I can conjure one up of the same exact renown who says the exact opposite thing.

You can? Please show me what you can on this. I really do want to see it.

I have linked to multiple articles explaining my stance on this in depth already, no need to do it again.

I would like you to explain in your own words.

[Jack Sawyer]

That is quite true. I'd be wary of any position that emerges (subtly) from the fact that economics is not hard science means that one can essentially discard or adopt what they want.



You can? Please show me what you can on this. I really do want to see it.



I would like you to explain in your own words.

No need to, those articles explain it much nicer than I could

I have outsourced that explanation for you

[wufwugy]

...

I'm serious about wanting to see what you say you see some economists say.

[BananaStand]

I'm serious about wanting to see what you say you see some economists say.

He knows you're serious....but he's got nothing.

Waaaahh...2% of the people have 90% of the money...waaaahhh. The rich get richer...waaaahhh.....

I work hard..but I don't have a ferrari....waaaahhh..

But people in denmark get free antibiotics...waaaahhh

And that's kinda where these types run out of arguments. From this point on it's just lame-ass anecdotes about executive pay, crooked fund managers, and predatory lenders.

At the end of the day they can never ever ever get around the reality that trickle-down economics works

[wufwugy]

trickle-down economics

Protip: there is no such thing as trickle-down economics.

If you would like to know what economists actually think on the most adjacent real concept to the mythical trickle-down, the dude abides.

[BananaStand]

Protip: there is no such thing as trickle-down economics.

If you would like to know what economists actually think on the most adjacent real concept to the mythical trickle-down, the dude abides.

meh, I think you know what I mean. We really don't have to get wordy for Jack's sake. Until he's literally the richest person on earth...he'll always be resentful and jealous of somebody.

The idea of taxing the shit out of the wealthy and giving it to the government is inferior to an approach that lowers taxes and encourages investment. Fin.