Campaigning on Class warfare

[chrisncate]

Originally Posted by PBzeer

Capital creates a demand for labor. Labor creates a demand for ....

No, necessity creates the demand for a product or service - capital invests, and labor then provides the production in exchange for a wage to spend in other capital ventures.

There is NO economy without labor, but you can have an economy without capital.

[pdqaltair]

Originally Posted by chrisncate

There is NO economy without labor, but you can have an economy without capital.

A modern economy, with things like the internet and PCs? Please explain.

[chrisncate]

Originally Posted by pdqaltair

A modern economy, with things like the internet and PCs? Please explain.

The internet came from the military (not private investment - the government brought us this medium), and PC's were invented and originally built by hand (Gates).

We were talking general economic theory though, just to be clear.

[PBzeer]

No, necessity creates the demand for a product or service ....

You mean like Pet Rocks, or Chia Pets, or Dice-0-Matics. Heaven only knows how the world survived before the demand for Slinkys, Frisbees, and Rubik's Cubes were met.

The real necessity that fuels the use of labor, is someone's necessity to make money. Most new businesses are merely someone's idea of how to provide an already existing product or service in a better/cheaper/more efficient or other improvement over what already exists. There was no "demand" for Google. There were already plenty of search engines, but, they came up with a better one, and the rest is history.

[PBzeer]

There is NO economy without labor, but you can have an economy without capital.

Do you even know what an economy is?

[pdqaltair]

Originally Posted by chrisncate

The internet came from the military (not private investment - the government brought us this medium), and PC's were invented and originally built by hand (Gates).

We were talking general economic theory though, just to be clear.

I'm clear and you dance around the question. The military certainly brings capital to bear (they collect it through taxation) and billions are invested in the infrastructure to manufacture of PCs.

[chrisncate]

Originally Posted by PBzeer

Do you even know what an economy is?

Do you even know that it's quite rude to ignore a person when they ask you a direct, non politically related question?

[chrisncate]

Originally Posted by pdqaltair

I'm clear and you dance around the question. The military certainly brings capital to bear (they collect it through taxation) and billions are invested in the infrastructure to manufacture of PCs.

I danced around nothing, you just don't like the answer (or the fact that I had one for you for your gotcha question).

[Alibaba]

Originally Posted by jzk

Wouldn't it be better to reduce the barriers to success such that more people make themselves into millionaires?

I do not make anywhere near a million dollars per year, yet I am not suckered by this. .

VOODOO ECONOMIC`s.. sound great on the campaign trail and some political forums, but it really does`t work.. Ask Paul Craig Robert , One of the founders of Reagenomics. ( Assistant Sec of Treasury 1981-1983)

I dont make near $1,000,000 either, so Why as a Construction Workrer who risks my Health & my LIfe , pay 30% Tax while those whose Invest thier Money pay 15%.. (Yes I`m Pro Life.. Life is more valuable than Money)

Plesase dont take my comment personnel.. I fully understand why you think the way you do.. The Super Wealthy spend $$Millions on Advertizement and Campaign slogans.. Millions start to beleive that stuff. VooDoo Economics

[PBzeer]

Do you even know that it's quite rude to ignore a person when they ask you a direct, non politically related question?

Then maybe you should try asking one.