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Liberal or Labor? (2 Viewers)

SylviaB

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From an economic perspective I don't know the answer to this, to be honest.
LOL


However, from a sociological perspective, hierarchy is unnecessary and restrictive. 'Management' is necessary, but those in that role needn't receive more than others.
Hierarchy is emergent.

Some people are better at leading than others. Being good at managing a company is more scarce a skill than what is possessed by the labourers. It is harder to find a competent CEo than a competent labourer, and CEOS are capable of adding far more vlaue to a company than any individual labourer could ever hope to.

But let me guess, you believe in the labour theory of value, don't you? hahaha pathetic.

The super rich elite don't produce anything for fucks sakes. The people they employ do the actual producing of goods and services. The rich are like fucking parasites, feeding off the labour of the bulk of people.
They invest in ventures, which involves risk. You act like profits should be shared equally, but don't you think its only fair the loss is shared equally among the labourers? i.e. if a company loses $1 million and has 1000 employees, they each have their pay docked by $1000?

I'd just like to ask why people care more about the interests of the rich than everyone else? Fuck those fucking bastards.
Business men are the ones responsible for our societies high standards of living.

Socialism doesn't work
, no matter how romantic the rhetoric supporting it is.
The free market helps people, especially the poor.
 

Rothbard

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See, he's implying that rich people are productive for reasons other than income tax. They are, but generally not proportional to their incomes.
Okay cunthuffer, so explain why a proportional equation of productivity is incorrect.

Citing something you mathematically illiterate paint-snorter.
 

absorber

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Okay cunthuffer, so explain why a proportional equation of productivity is incorrect.

Citing something you mathematically illiterate paint-snorter.
I don't take kindly to being an arsehole. Economic models have things called externalities. I don't have the time, nor the patience, nor the example in front of me to prove it. But some rock star earning 20 million dollars a year, to use an extreme example; their job is less important to an economy than a teacher's.
 

Rothbard

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I don't take kindly to being an arsehole. Economic models have things called externalities. I don't have the time, nor the patience, nor the example in front of me to prove it. But some rock star earning 20 million dollars a year, to use an extreme example; their job is less important to an economy than a teacher's.
Well all you've shown is how poorly you understand investment and wealth accumulation.

A teacher does nothing but fill an idiot's brain with bullshit

a rockstar creates something

EDIT: you don't take kindly to being *called* an asshole? You seem to do quite well with being one...
 

joelfh1

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never mind the fact that Labour managed to pull Australia out of a global recession with little negative effect on the country.

truth is though, i kinda think Kevin Rudd is a pain.
 

absorber

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Well all you've shown is how poorly you understand investment and wealth accumulation.

A teacher does nothing but fill an idiot's brain with bullshit

a rockstar creates something

EDIT: you don't take kindly to being *called* an asshole? You seem to do quite well with being one...
I don't take kindly to [the act] 'of being an arsehole'. You get the message, petty douchebag.

Sorry, what? Tell me what a rock star creates, other than more consumption?
 

Rothbard

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I don't take kindly to [the act] 'of being an arsehole'. You get the message, petty douchebag.

Sorry, what? Tell me what a rock star creates, other than more consumption?
I understand someone as intellectually defunct as to consider an arts degree a legitimate intellectual pathway would be struggling somewhat with discourse.

Well a rockstar creates something between 4 and 18,000 Hz

continually :D
 

SylviaB

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people make money by supplying demands i.e. giving people what they want

people want entertainment, and few people can do this well. Rockstars can, and hence make a lot of money from it. You can say their music is shit but the fact that they're so popular (as evidenced by their incomes) is what mattes.

Putting aside the fact that for the most part teachers are mouth-breathing spastics who actually damage society rather than 'contributing', the market demonstrates that SOCIETY (i.e. the people who buy shit) values entertainment more than individual teachers, of whom there is a shitload (comparative to the number of entertainers they deem satisfactory)
 

absorber

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I understand someone as intellectually defunct as to consider an arts degree a legitimate intellectual pathway would be struggling somewhat with discourse.

Well a rockstar creates something between 4 and 18,000 Hz

continually :D
If you don't understand the point of an arts degree, it would certainly explain a lot.
 

absorber

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well generally rock music you dumb cunt. Or do you think something must be tangible to have worth?
I fucking love music. Don't you fucking question how much I love music. But are musicians worth the millions of dollars they get paid? That's questionable. But I'd say a record company executive certainly isn't. And he/she'd also earn a lot of money.
 

SylviaB

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chemical engineering, because it is one of the fucking backbones of modern society
 

Rothbard

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engneering: because it makes you look like you suck nigger dick
 
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I fucking love music. Don't you fucking question how much I love music. But are musicians worth the millions of dollars they get paid? That's questionable. But I'd say a record company executive certainly isn't. And he/she'd also earn a lot of money.
why not? you wouldn't hear about half the music you *unquestionably love* so much if it wasn't for record label execs
 

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