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Author Topic:   Entitlements - what's so bad about them?
Faith 
Suspended Member (Idle past 1475 days)
Posts: 35298
From: Nevada, USA
Joined: 10-06-2001


Message 65 of 138 (723849)
04-10-2014 12:55 AM


I can't claim to understand much about economic theory, but I do think some words are getting misused on this thread. I think "productive" from the capitalist point of view refers to those who GET wealthy from CREATING wealth, as from inventions or developing resources or basic things like that, it has nothing to do with how productive (how good a worker) an employee is or anybody on a salary. The idea is that capitalism PRODUCES wealth and the nation as a whole benefits from the production of wealth. This is why America has been the wealthiest nation in history and had the highest standard of living for our poorest. And the incentive to create wealth requires a free market. People here try to say that the wealth so created isn't being created but is being taken from others. I don't see how you get that idea. The wealth that is created is used to pay employees, it puts people to work, it creates all kinds of enterprises that provide all kinds of work for people to do. Sure you need laws to guarantee a fair wage and all that, but the money doesn't already belong to everybody, it does belong to those who create the enterprises. And communism only succeeds in making everybody poor except the governing class, and doesn't inspire invention or any kind of ambition,
Edited by Faith, : No reason given.

Replies to this message:
 Message 66 by NoNukes, posted 04-10-2014 12:59 AM Faith has not replied
 Message 67 by Straggler, posted 04-10-2014 6:21 AM Faith has not replied
 Message 69 by RAZD, posted 04-10-2014 9:38 AM Faith has not replied
 Message 80 by Larni, posted 04-11-2014 6:41 AM Faith has not replied

  
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