Comments by "Michael Mappin" (@michaelmappin1830) on "Richard Wolff: Karl Marx and the Myths of Marxism | Robinson's Podcast #154" video.

  1. Marxism is a system of analysis. In regards to socialism, of course it works. That's not an opinion, that's a matter of fact. https://youtu.be/-VdbFzwe8fQ
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  2. ​​ @ExPwner , you're the liar. Tell me how you know again that Richard Wolff is not a member of the working class? Yeah, and then after about 3 days of not being able to back up your opinion you changed your position to saying that a teacher is not a member of the working class. 😃 why do you like to go around on social media displaying your stupidity? What kind of idiot constantly states assumptions as fact? "Richard Wolff is not a member of the working class". Then you try to say he had a million dollars because you read it somewhere on social media. But you couldn't actually name the source. But even if he had several million, what does that have to do with anything? If the money he has comes from earnings, being a teacher, then he's still a member of the working class. If your earnings are high enough then you would be considered upper class. But "working class" and "upper class" are two different forms of class measurement. You are too stupid and uneducated to actually know this. You see, you get confused. And then you accuse other people of lying when you actually can't comprehend what they're saying. 😃 And what are you saying about Marxism? What is marxism? What in your mind is real Marxism? 😃 you don't even understand the difference between a worker and a capitalist. Your IQ must be in the double digits.
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  3. ​ @ExPwner , of course you have no interest in the other person's argument. That's because you have no counter argument. As usual.
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  4. ​ @ExPwner  , that's your opinion. And we both know that your opinion is not worth much. You don't even know the difference between a worker and a capitalist. I had to explain to you that a teacher is a worker and not a capitalist. I also had to explain to you that in general, labor costs constitute the most significant portion of production expenses, so the greater the amount of labor required, the higher the overall cost tends to be. And then you said that wasn't true because of subjective value. You're not even capable of understanding that labor costs and production expenses relates to the objective aspect of production costs. Subjective value, on the other hand, pertains to the perceived worth or value of a product or service by individuals, which can vary from person to person. I feel sorry for you. I guess you spend most of your time writing comments on YouTube in order to gain some measure of self-worth.
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  5. ​ @ExPwner , of course value can be subjective. But what does that have to do with the fact that generally the more labor something requires the more expensive it is. 😀 labor is generally the most expensive part of production. Now if you knew anything about businesses and economics, then you would know why businesses want to reduce production costs as much as possible in order to increase profit. I thought you had a master's degree in accounting? You're the first accountant that I ever met that doesn't understand how labor affects production costs. 😀 "Labor costs are a significant component of production costs, and businesses frequently seek to minimize these costs to enhance profit margins."
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  6. ​ @ExPwner , and stop making baseless accusations. If you disagree with something Richard Wolff said, provide a timestamp. You frequently make unsupported or inaccurate accusations. For example, you claimed to know that Richard Wolff was a millionaire. But as it turns out, you could not support that opinion. Worse, you continued to state that an opinion as fact even though you had no basis for it. Then you ignorantly claimed that Richard Wolff was not a member of the working class even though he gets his income from teaching and writing. So let's see if you actually can counter anything that Richard Wolff says. You provide a timestamp so that we know that you're not lying or being disingenuous and then we'll see if you can't actually make an argument. I don't think you can. You certainly haven't been able to so far. Anyone can lie and just make baseless claims. 😀
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  7. That's not true
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  8. I like how at the beginning of the show the interviewer says how ironic it is to be selling a shirt. But there's nothing ironic about it. Why would he say such a thing? Seems he's going to have to spend more time talking to Richard Wolff and learning about Marxism. 😀
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  9. ​ @boi9842 , are you referring to The Political Crisis of U.S. Capitalism – A Critique of Crisis Theory?
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  10. ​ @boi9842 , that's not true. Are planned and unplanned versions of socialism. There are market and non-market versions of socialism. Capitalism is not the only mode of production that utilizes markets for distribution. There are many socialist modes of production that utilize markets for distribution.
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  11. Statistically speaking, socialist companies are more Innovative, workers are more productive, more creative, they're happier, they take fewer sick days, there's less incidence of substance abuse, mental disorders, stress-related illnesses, Etc. There's no shortage of data. ▪ The Whitehall study found that workers at the bottom of the social ladder had greater concentrations of stress hormones than their counterparts in higher managerial positions. ▪ In contrast, a survey carried out by The Anxiety Disorder Association of America, in 2006, found that workers were far less stressed and anxious when they had more of a say over their own work. ▪The largest study comparing the productivity of worker co-operatives with that of conventional businesses finds that in several industries, conventional companies would produce more with their current levels of employment and capital if they behaved like employee-owned firms. The main findings from the analysis and review are: • Worker co-operatives are larger than conventional businesses and not necessarily less capital intensive. • Worker co-operatives survive at least as long as other businesses and have more stable employment. • Worker cooperatives are more productive than conventional businesses, with staff working “better and smarter” and production organised more efficiently. • Worker co-operatives retain a larger share of their profits than other business models. • Executive and non-executive pay differentials are much narrower in worker co-operatives than other firms. Let's look at some testimony from an extremely successful multi-billionaire business owner that corroborate some of the above statistics https://youtu.be/35epDjB_7WE
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  12. Why shouldn't capitalism be considered the best economic system compared to all the others? Because capitalism is one of the most wasteful and destructive systems ever devised. It's not conducive to free markets are thriving economies. In fact, it violates many basic economic principles. For example, one of the central goals of Economics is to achieve equilibrium between supply and demand. But the goal of capitalism is to maximize profit. How are profits maximized? By getting workers to produce as much as possible while paying them as little as possible. But that creates a situation where there's more goods and services in circulation than workers can actually afford to buy! Why do you think there's so much debt? The more successful a capitalist company is at maximizing profit, the less purchasing power workers have! You can't have an economic system where production output increases at a faster rate than income. Socialism doesn't have that problem because workers own the product of their labour and thus get the full value of their labour. To use extreme over-simplification, if workers produce billion dollars worth of product, they now have a million dollars worth of purchasing power. If labor-saving technology doubles their production output in the same amount of time, that will also double their purchasing power. However, at a capitals company if labor-saving technology doubles production output, workers income remains the same. One of the reasons why most workers at American car manufacturing plants can actually afford the very cars they are producing.
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  13. No. Worker-owned companies actually decentralize power and make workers and communities less dependent upon the government and capitalist corporations when it comes to jobs and consumer goods. https://youtu.be/-VdbFzwe8fQ
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  14. ​ @ExPwner , you're so stupid you don't even know that you're stupid
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