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Topic History of: Google and Taxes
Max. showing the last 5 posts - (Last post first)
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hedda |
JK2006 wrote:
Good point ITK: and Lincoln was wrong for today; Capital often comes from no Labour at all, thanks to new technology. The days of workers down mines digging for coal are long past; now it's a click of a mouse and a bright idea.
oh dear JK suffers from some ITK symptoms.
Capitalism requires customers with money to survive. No customers, no capitalism (no need for investors or 'capital'..indeed, where woudl the capital come from if there were no customers ?)...so you all fail as capitalists which is why socialists often are far better at the game than the so-called 'free marketeers'.
Indeed, the Internets may be the beginning of the end of Capitalism long predicted by Bertrand Russell who as yet, hasn't been proved wrong (let alone Keynes). |
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hedda |
In The Know wrote:
Comrade hedda wrote:
wise words from Abraham Lincoln (no wonder they shot him)
"In terms of the fruits of ones labour : labour came before capital and is not related to it. Capital is what’s acquired from labour, and would never have come about if it were not for labour. Therefore, labour is superior to capital and deserves the higher significance.”
.... but Lincoln forgot to say that an investor comes before any capital is made from labour !!
no he didn't say it because it's a nonsense. No point in producing anything if customers don't have money (ie wages). Just one reason why it is also practical to pay the unemployed so they keep spending.
back to basic capitalism classes for you.  |
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JK2006 |
Good point ITK: and Lincoln was wrong for today; Capital often comes from no Labour at all, thanks to new technology. The days of workers down mines digging for coal are long past; now it's a click of a mouse and a bright idea. |
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In The Know |
Comrade hedda wrote:
wise words from Abraham Lincoln (no wonder they shot him)
"In terms of the fruits of ones labour : labour came before capital and is not related to it. Capital is what’s acquired from labour, and would never have come about if it were not for labour. Therefore, labour is superior to capital and deserves the higher significance.”
.... but Lincoln forgot to say that an investor comes before any capital is made from labour !! |
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In The Know |
JK2006 wrote:
All this waffle and froth from envious under achievers!
You got it in one, JK !
but ... when you say "under achievers" the implication is that they attempted to "achieve" something in the first place !
Many do absolutely nothing - except breed - and blame everyone else for their own problems. |
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