Comments by "MW" (@mw4507) on "How Amazon Makes You Pay More For Everything" video.

good luck with communism. When investment stops, you have massive starvation.
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Detrumpificator4377 i guess it would be more akin to socialism at that point because in order to prevent billionares you would have to impose massive taxes on them. The problem is these people would likely move to a capitalist county and they would receive the benefit of their economic development.
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@SharienGaming its the other way around, these billionares give value to people who work. Without them and other business owners, most people would have no way to provide for themselves. Look what happens when a factory leaves a town, it just slowly dies.
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@stevechance150 i have heard they are actually offended when you say they are socialist countries because they have a free market, use capitolist principles, defend private property ownership. They just heavily tax the middle class to pay for welfare programs. In the US the middle class pays virtually no taxes.
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Detrumpificator4377 some people just work harder, are smarter and more driven than most. If you have a system that holds these people down; they are bound to leave. Look at China, their wealthy have started running towards the exits. China actually jailed one guy trying to leave.
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@Lily-gr1ct not to brag but I make 3x what most people do and work less than 40 hours a week. I got out of the hourly wage trap and did my own thing. There is no safety net, no benefits when you do your own thing but the upside is unlimited.
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@Alex-cq1zr my understanding of communism is essentially the state owning the means of production and banning ownership of private property. The problem is govt employees tend to not be very motivated or smart. They then to give contracts to their friends who are also incompetent. Then the economy collapses. Smart people flee in record numbers. Investment dries up. Currency collapses. Govt defaults on al public debt. Sound about right?
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@Lily-gr1ct when the factory owner shuts down because his can make more money in Mexico and now the workers have nothing to do, maybe they should have been happy with their wages and/or developed new skills.
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@youtubesucks1499 the top 10% of earners pay 73% of all taxes. The bottom 50% pay 2.3% of all taxes. You tell me what would happen if the top 10% decide to stop working and therefore pay no taxes. This county would end in 6 months. The fed would have to print more money than has ever existed and it wouldn’t be enough.
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@ts109 honesty, where we are here is pretty good. The poor in the us have it better than most middle class in 90% of the world. If you change the system we have it could plunge the poor in the us to devastating poverty that the rest of the world has to deal with. Keep in mind, like 70% of china has to live on like $300 a year. The poor in the us have no idea what poverty is.
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i am sitting here waiting on an amazon package. Its an iphone case. Its 50% cheaper than going to walmart or bestbuy. I really don't want amazon to change. I just don't trust going to some random web page as well to buy anything.
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have fun paying substainally more for everything.
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@Alex-cq1zr I didn’t mention Russia or China. I am saying that’s that happens in a central planned economy. Low income folks think they are going to increase their quality of life but ultimately find desperate poverty. High income people just take the loss and move to another county that has opportunities. So you define communism.
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@stryfetc1471 90% percent of millionaries were born into working class families and though hard work, luck and smarts got rich. Its hard for the people who have wealth envy to accept that. Most people who inherit wealth blow it in a year or two because they are stupid with money.
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communism - where you own nothing and the govt employees hoard all the wealth.
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