You gave your personal profit away. It was yours to do with as you pleased.
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You gave your personal profit away. It was yours to do with as you pleased.
And so I did. Amen!Quote:
Originally Posted by jlisenbe
Honest work (And for some dishonest work.) is done to survive and not always personal profit. Food, shelter, heat and light and maybe a new pair of shoes for the kids kind of takes personal profit off the top of the list. I guess it depends on how you look at it.Quote:
Originally Posted by jlisenbe
Sorry. Can't agree with that. Personal profit is used to pay the rent, buy a car, buy food, etc. That's why you work, in order to gain the money to pay those bills. The vast majority of people end up with money left over to spend on whatever. So I imagine that both you and WG own a house, furniture, clothes, a car (or two), retirement account(s) of one kind or another, and have money in a checking account. Do you know the term for those things? Capital!!Quote:
Honest work (And for some dishonest work.) is done to survive and not always personal profit.
Good night, you two. God bless you both. More tomorrow and stay healthy.
Profit is the money a business pulls in after accounting for all expenses.Quote:
Originally Posted by jlisenbe
Total income or cash flow minus expenditures.
Jl is confusing income with profit.Quote:
Originally Posted by Wondergirl
WG-1, J-0.
I call it making an honest living! That's how my dad put it when I was growing up, and how I taught my kids. Capitalism is but a label concocted by a marketer to spin the idea that this is something brand new to get involved with. It's not, nor is the brand repubs love to taut trickle down economics.Quote:
Originally Posted by jlisenbe
Same thing, MO' fo' me and here are crumbs for you, and accounts for most of the income inequality in this country as the guy at the top assigns value for profit for workers. History shows whatever it has been called before, that is still the business model.
Interesting how conservatives will deny that, but can't explain why, even with Toms nuances to justify the branding.
Argue all you want, but you and WG are both capitalists and have profited greatly from living in a capitalist system.
What?Quote:
Capitalism is but a label concocted by a marketer to spin the idea that this is something brand new to get involved with
1. So have you, no matter what we call it. The simple truth is that many have not benefited, and that's a pattern that's prevalent everywhere throughout history no matter what they called it, or themselves, and despite your efforts to push that label on others, I resist your efforts at rebranding old behavior. It's like you changing your name, but are still the same person you were before.
2. Is there a question there?
So we agree. The three of us have profited under capitalism. On the other hand, the prevalent pattern of history is that many do not benefit. That's why we should be glad that capitalism came along.Quote:
So have you, no matter what we call it. The simple truth is that many have not benefited, and that's a pattern that's prevalent everywhere throughout history no matter what they called it,
"Capitalism is but a label concocted by a marketer"?? That's a strange statement. Like I said, I don't think you understand what capitalism is. Now if you want to say that pols frequently use the term to mean something else, then we can agree with that, but that doesn't change the fact that "capitalism" does have a definite meaning
1. I credit the blessings I have received to the God that I understand, but you can credit whomever you like for yours.
2. What was it called before capitalism? When did it become capitalism? Let's see if YOU understand it. I say it is just a coined phrase to attract new people to the SOS. Back to YOU!
1. I would agree with that. So would people living in communist countries, but check and see which person ends up better in terms of standard of living.
2. Here's a good description. I included the link. Capitalism,” a term of disparagement coined by socialists in the mid-nineteenth century, is a misnomer for 'economic individualism,' which Adam Smith earlier called 'the obvious and simple system of natural liberty' (Wealth of Nations). Economic individualism’s basic premise is that the pursuit of self-interest and the right to own private property are morally defensible and legally legitimate. Its major corollary is that the state exists to protect individual rights."
You will notice that I put that in quotation marks which I suppose now means , certainly on this board, that it's a liberal paraphrase, also known as a "Chicago paraphrase".
https://www.econlib.org/library/Enc/Capitalism.html
1. I'm a fiscal conservative to use a label, because no matter how hard I worked I had to live within my means or render the work a waste of time. I also recognize that it's hard work being poor, but very satisfying to do the right thing with ones labor. Blowing ones limited income on dumb stuff isn't very satisfying and is loathsome and shameful in my house.
Not saying I have always been perfect, or always done the right thing by any means. My own insanity is a very humbling thing.
2. Great LINK!
We both belong to the same club.Quote:
Not saying I have always been perfect, or always done the right thing by any means. My own insanity is a very humbling thing.
I always knew there is a reason
You're way over your head, JL. Quit while you're not too far behind.Quote:
Originally Posted by jlisenbe
I know, Athos. Quoting someone's exact words, in your world, is a paraphrase. I get it.
I repeat - you're in way over your head. You're embarrassing yourself.Quote:
Originally Posted by jlisenbe
You're right. Responding to your insanity is embarrassing.
Every time I see a post from you I think about your intentional misrepresentation of the words of Aquinas. That's a "scarlet letter" you'll get to wear a long time.
If he were embarrassed he wouldn't do it, no, he goes on making a fool of himself, like his leaderQuote:
Originally Posted by Athos
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