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whyamimrpink78
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Comments by "whyamimrpink78" (@whyamimrpink78) on "Richard Wolff Lays The Smackdown On Milton Friedman" video.
And that is your greed
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No he isn't
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@applecatnyango , how?
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Really? It is actually the other way around. Radical leftists like Kyle give out simple solutions to complex issues.
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Exactly. Welcome to the far left.
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danieljliversLXXXIX , working together is a part of that greed. You may pay for your friend's lunch because it makes you feel good.
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@applecatnyango , they pay many state and local taxes and payroll taxes. Also, they many tax write offs due to investments.
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@applecatnyango , it is hard to tax wealth as it is not M1 money. Also, he gets tax write offs as he invests in many things legally. And he does pay his employees well. How much do you want to pay them?
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@BaronSaturday66 , I am determined to protect reality and truth.
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Friedman brings up psychology a lot
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He doesn't. He has talking points.
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B. Greene , for the most part it is. You do what is best for you in your eyes.
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This wasn't a smackdown. Wolff is a hack. Stephen Michael Davis tore him apart in a recent video
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Sp3nd Coin not mad. Just pointing out the truth
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@MrCman321 https://www.youtube.com/watch?v=RqKzTwWTAIo This guy is very intelligent. Watch some of his other videos where he points to many books I recommend reading.
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Sp3nd Coin , no he isn't. He is a Marxist. Watch the video I linked. Go ahead and tear it apart.
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Sp3nd Coin , and please, tell me what is wrong with the video I linked. This should be good.
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Sp3nd Coin , care to give me an example?
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Sp3nd Coin ,ok, who is denying climate change? There is still a strong debate. Read the book "Why We Disagree About Climate Change" by Prof. Mike Hulme. The video maker did talk about the typical laborer. Consider the people who work at a job for two weeks and quite. How much did that company actually gain? This is more common than you think. Risk is not an irrelevant point. No matter is the employer is profitable or not they have to still pay the workers. The video maker talks about that. Many businesses operate at a loss for years but the employees still get paid. How is the CEO dead weight? As the video maker said, they are the ones who create value to the workers. A workers' labor is not worth anything until a business pays for it. Yes, the profits make the economic world go round. Do you not work for a profit? No profit? So are you willing to work for free? The 08 bailouts were the bank bailouts by the Federal Reserve. Plus, most on both sides disagreed with it and that is not the free market. Try again.
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Sp3nd Coin So now you run away?
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Sp3nd Coin The consensus has been debunked long ago. When I get to my work computer I will post a link showing many peer reviewed studies that counter the "consensus" argument. And why do you refuse to read the book? Scared it will challenge your firmly held religious belief? Really? You don't care about the company? At this point it is clear I am dealing with a radical. That person you hired to make a chair, their labor is worth $0 until you hire them. That is the whole point. Their labor is not worth anything until someone hires them. Let me give you a comparison. Someone is trying to sell a car. They put a price on it based on the market rate. That car is really worth $0 until a buyer comes and is willing to spend money on it. Same with labor. Someone's labor is worth zero dollars until someone is willing to spend money on it. A wage is a profit. You are selling your labor and earning a profit. they are exactly the same. You invest labor to earn a wage. So again, are you willing to work for free?
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Sp3nd Coin http://www.populartechnology.net/2009/10/peer-reviewed-papers-supporting.html There you go. The book I suggested is written by Mike Hulme who has a PhD in applied climatology and worked for the IPCC. He cites all his sources. You are religious because you belief in something, in this case climate change, is so strong that you refuse to accept any counter viewpoints. Hey, at least you admit you are a communist. So if there is no profit then where is the incentive of the business owner to open a business? While labor can be calculated it is done so by the market. How much is digging holes in the desert and filling them back in worth to the market? Zero. Thus no one invests in that. A wage is a price, it is a price for labor. A wage is a profit. It is the price you sell to an employer and you earn a profit. You make an investment when you work, you are investing your work to an employer to earn a wage, thus profit. You reject the question because you want the business owner to work for nothing while you earn something.
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Sp3nd Coin , no one denies climate change. The fact that you feel others do makes you unfit for that conversation.
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@andrescrespo2514 , there will be. Businesses are looking to conserve energy as it is profitable.
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And the private sector created Youtube, Amazon, Ebay, etc. The internet is what it is today because of the free market.
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@andrewwells6323 , welcome to the far left.
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Who is hoarding
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@Tim , define wealth.
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@happyland4524 , and they have lower corporate taxes, more of a flat tax than the US and actually tap into their oil.
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@happyland4524 , Scandinavian nations have more of a flat tax than the US https://www.youtube.com/watch?v=ZQwBA2QlJ3w&t=162s
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@Tim , very good. So you do know that a lot of wealth is not liquidated?
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He wasn't. When you buy your friend lunch you benefit by feeling better. That is what you earn. In the end you do things for yourself.
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