Comments by "Michael Mappin" (@michaelmappin1830) on "David Lin " channel.

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  19.  @JumpJolpes_23  , and if you actually believed in free markets, then you would be anti-capitalist. Capitalism destroys markets. How can you have a free market when most of the wealth producing resources, wealth producing technology and modes of production are privately owned by a small Rich minority? ▪ The 1% grabbed 82% of all wealth created in 2017. ~ Wall Street Journal ▪ During the last 20 years over 90% of newly created wealth went to the top 1%. The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90% ~ Time Magazine ▪ The two richest people—Jeff Bezos and Bill Gates—possess almost the same amount of wealth as the poorest half of the population. ▪ the richest 1% has almost as much wealth as the poorest 91% of the American population. ▪ The wealthiest Americans live on average 20 years longer than the poorest Americans. ▪The number of homeless children in the United States is at its highest in more than a decade, according to a recent study by the National Center for Homeless Education. ~2017 stat ▪ The United States comes in at number 27 on the social Mobility index! That's even worse than Portugal and Lithuania! Never mind trying to start a business either cooperatively or individually. At 27 a person would be lucky just to be able to retire debt free. There's a reason why most Americans can no longer afford a family on a single income. Anyone can start a business? I think not. ▪ over 40% of u.s. households are one paycheck away from poverty. ▪ Banks have foreclosed on over 7 million homes between 2004 and 2015. ▪ There are 554,000 homeless people on a given night. ▪ The United States, the wealthiest nation in the history of the world, has a larger percentage of low-income workers than any other developed nation. ▪ As of 2020, According to the U.S. Department of Education, 54% of U.S. adults 16-74 years old - about 130 million people - lack proficiency in literacy, reading below the equivalent of a sixth-grade level. ▪ 30% of the low-wage workers live below 150% of the federal poverty line, or $36,000 per year for a family of four. 26% receive safety net assistance such as food stamps, welfare benefits, federal housing assistance, and other programs, which have been cut back throughout the years by successive Democratic and Republican administrations. Millions of workers in “the world’s wealthiest country” are forced to sell their blood in order to survive. The Washington Post featured a 41-year-old teacher with a $50,000 salary who sells plasma twice per week to get by. “I never thought I would be in a position where I would have to sell my plasma to feed my children,” said Christina Seal of Slidell, Louisiana. “I’ve applied for every government program that I can think of. I don’t qualify for food stamps, I don’t qualify for any programs.” The Post explained that plasma donations “have quadrupled since 2006.” ▪ more than one-third of us healthcare costs go to bankruptcy! ▪ A study conducted by researchers at Harvard University found 45,000 Americans die each year from preventable causes because they can’t afford healthcare. But, we do have a $1.5 trillion jet fighter that can’t fly in cloudy weather. Go ‘Murcia! ▪ In 2017 Over 30 million Americans had no health insurance and even more are under-insured with high deductibles and co-payments. As of May 2018, the numbers of people in the U.S. without health insurance have risen to 15.5%, up from 12.7% two years ago, according to the latest Commonwealth Fund tracking survey. This translates to an increase of four million uninsured people nationwide. ~ forbes. ▪ "the US tops all European countries in terms of the percentage of workers and family members who avoid necessary trips to the doctor because they fear financial ruin from the inflated costs of their private health care." ~ Prof. James Petras (the American Sociological Review, British Journal of Sociology, Social Research, and Journal of Peasant Studies) ▪ Millions of Americans – as many as 25% of the population – are delaying getting medical help because of skyrocketing costs. ▪ more and more Americans are selling their blood for extra money. over 40 million Americans, many of them full-time workers, require food stamps in order to get enough food to eat. That's more people than the entire population of Canada! When you're desperate enough, you'll even sell your blood! "With 58% of Americans living paycheck to paycheck, corporate America is exploiting poverty through blood and plasma donations while most other countries have banned the practice on ethical and medical grounds." ▪ economic insecurity and workplace stress is destroying the mental health of Americans. USA #1 for mental disorders. about 1 in 4 adults. about 60 million people. ~ (Archives of General Psychiatry, 2005.) ▪ Published studies report that about 25% of all U.S. adults have a mental illness and that nearly 50% of U.S. adults will develop at least one mental illness during their lifetime. ~ cdc gov - mentalhealthsurveillance-fact sheet ▪ and as people become more desperate we see crime rates increasing. ▪ 3% of American adults—6.8 million people—are either in jail or prison or on parole or probation. ▪ A third of states have a form of debtor’s prison, where the poor are locked up for failure to pay fines or debts. ▪ There are 1.2 million police officers in the US—almost equal to the population of the state of New Hampshire. ▪ The police have killed 15,000 people since 2000. ▪ There are 55,000 children presently in juvenile detention.
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  23. ​ @ExPwner , what are you talkin about? Your comment makes absolutely no sense. If a motive production is collectively own instead of privately owned, that doesn't mean they can't sell the product of their labour into the market. Of course the collective production is going to be more conducive to free markets because the workers are getting all of the wealth which they will spend into the economy. And where do you get this weird idea about people being prevented from making free exchanges? How many times do I need to explain this to? If workers have the the option of working at a socially owned company but instead decide to work for you because you can pay them better, because they like taking orders from you for some strange reason (maybe they're masochists 😃), then there would be nothing wrong with that. Because it would be a choice. Richard Wolff has never said anything about forbidding people from working for someone else or hiring other people. If you're going to make such an outrageous claim, provide a timestamp in a video where Richard Wolff has made such a statement. Richard Wolff has pointed out repeatedly that if most of the GDP were coming from worker-owned companies, 10 most things we made it home instead of China and more of the wealth would be going to workers. That would make it easier for other people to start their own small businesses because there would be more demand in the economy. He's encouraging people to start their own businesses. If you can hire other people to do the work for you even though they have the choice of working at Democratic companies that are worker-owned, then that would be amazing! Why don't you actually go to your public library and get Richard Wolf's book and read it! Democracy at work. Don't be so bloody lazy.
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  25. You need to listen to the video again. Or maybe you made a mistake and commented on the wrong video? Socialism is not State ownership. When private individuals own the capital, that's private capitalism. When the state owns the capital, then you'll have state capitalism. When the capital is socially owned by the workers, then it's socialism. There's a big difference between social control and State Control. Two different things. Under capitalism the capital goes to the highest bidder. When billionaires own the means of production, they get most of the wealth produced by labour and they get to make most of the decisions regarding production. That's why most things are made in China. That's why the richest 1% has almost as much wealth as the poorest 91% of the American population and why the average individual can no longer afford a family on a single income. Or even a home for that matter. But when workers own their own means of production, then they get most of the wealth produced by their labour and they get to make the decisions. That creates an environment where most things are made at home rather than China. When the workers get the wealth they suspended into the economy creating more demand. You have economic expansion. When capitalist maximize profit by paying workers as little as possible, that causes economic contraction. People get laid off and laid off people can't consume. That results in then more people getting laid off. The only way to to prevent complete collapses by printing more money.
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