Re: Top 1% OWNS MORE THAN bottom 90%


Nospam wrote:
wsthomas@xxxxxxxxxxxxx wrote:

It is the CEO that took the wealth created by the engineers and delivered
it to them as dividends and capital gain.

The engineers and workers create the product, not the market or the
infrastructure or the business.

Take a team of 10 engineers and a team of 10 businessmans.
Put each of them on an isolated island and come 10 years later to see which
have more infrastructure in place.

But we're not talking about a desert island (if I were, I sure as hell
wouldn't want to be on the island with the 10 engineers...They don't
deal with the real world if it ain't laid out on paper first, even then
not well. Definition of an "engineer", A person who has been educated
far beyond he intelligence.) We're talking about real life. We
talking about supply and demand and start up costs and investments.

If we WERE on a desert island, I'll take the 10 businessmen, as they
know how to start things from scratch (not all businesses are started
by dudes in 2 piece suits). Hell, I once met a mechanical engineer
that, while he could figure things out on paper, when he had a flat
tire could not figure out, through a process of elimination, which way
to turn the lugnuts to get them off.

The "infrastructure" it is an accumulation of the "products" created by
engineers. The businessmans were just hypocritical enough to cheat or force
the creator of products to give it to them.

No, the business men paid other people for their services to build the
infrastructure, workers and engineers that, strangely enough, were in
the business of building infrastructure...and their business was run
by, not workers, but business men.

So, you're saying that a business man that just paid $100 million
dollars to a construction company to build a plant 'cheated' them out
of the resulting business, or that they 'forced' them to build it?

You DO realize that construction companies are in the business of
building things in exchange for money, right?

Damn but you're an idiot.

Let's go back to the barter system, that way the useless(like yourself)
will starve.

This is a good recipe for the corporation going out of business

Correct.

and no new ones starting up

False. The people with skills will do it.

Yes, they will do it, but only if they are paid to do it..Who will pay
them to do it? Joe Worker? Nope...business men. Who will invest in
creating a business that gives jobs to people not willing to start
their own business. As such, they get to keep the profits.

To make a product you need skilled workforce and capital.

Okay, who gives the capital? Businessmen...see, very simple.

If you let the skilled workers to have enough capital they will start their
own business, no need for the others.

Okay, where will this capital come from...the Capital Fairy?

Or, YOU give them enough capital to start...but you're not allowed to
make any money on it...okay? In fact, you are required to provide ALL
capital and expect not to even get repaid what you provide...after all,
it's all for the good of the worker. Willing? Thought not.

Capital is given by businessmen, who expect to have some sayso on how
that capital is spent (as is right, as it is theirs) and expects a
return on their investment (as is right, as they ran the risk). If you
don't give them a sayso in the spending or refuse to give an return,
then no one will be willing to invest. This means no more jobs.

Damn but you're an idiot.

Of course, YOU are going to say that all capital should be given by the
government..how socialist of you. I sure as hell don't want all
business ran by the same ineptitude that gives us the DMV.

Yol Bolsun,
Grendel.

"When you get to the edge of knowledge, watch your step. As this is
where the bull*** is deepest."Solomon Short.

.