1, 2, Bernie's coming for you...

[Cartierfor3]

KSUW, fsd is a sock do whatever, but can you please stop using the word tard? Please.

The word is libtard. And it's a perfectly appropriate descriptor of the libtarded state of mind.

you ruin your ability to sway people to your side when you die on hills like this one ksu. just a friendly piece of advice. using the word "tard" is offensive.

[chuckjames]

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

The Industrial Revolution led to the Roaring Twenties. Rockefeller, Carnegie, Ford, Vanderbilt, et.al. (the robber barons you demonize) did more to help poor people than you or I could ever dream of accomplishing. The US does not have has the highest GDP per capita among major countries in the world because of anything Bernie Sanders can visualize.

And then what happened after the roaring 20s?

This happened. http://i1.wp.com/www.powerlineblog.com/ed-assets/2016/02/Income-Gap.png

Another wonderful example of government management of the economy.

Huh? Is that like the visual form of Black Monday?

[CNS]

KSUW, fsd is a sock do whatever, but can you please stop using the word tard? Please.

The word is libtard. And it's a perfectly appropriate descriptor of the libtarded state of mind.

you ruin your ability to sway people to your side when you die on hills like this one ksu. just a friendly piece of advice. using the word "tard" is offensive.

If you think these guys don't intend a certain effect, you misjudge the Pit.

[Ptolemy]

the unions are the.only reason working working class isn't some peasant like portion of a.system similar to feudalism under those guys

The unions are the ONLY reason? What incentive is there for a "robber baron" to kill all of his employees and/or customers?

[CNS]

They had zero incentive because they were able to keep labor cheap and plentiful.  Unions, back then, we're responsible for a decent wage, safer conditions, and basically everything that humanized a job.  You probably think OSHA is bad too. 

[K-S-U-Wildcats!]

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

The Industrial Revolution led to the Roaring Twenties. Rockefeller, Carnegie, Ford, Vanderbilt, et.al. (the robber barons you demonize) did more to help poor people than you or I could ever dream of accomplishing. The US does not have has the highest GDP per capita among major countries in the world because of anything Bernie Sanders can visualize.

And then what happened after the roaring 20s?

This happened. http://i1.wp.com/www.powerlineblog.com/ed-assets/2016/02/Income-Gap.png

Another wonderful example of government management of the economy.

Huh? Is that like the visual form of Black Monday?

I copied wrong link. 1. See correction. 2. Realize government was largely to blame. 3. Realize you're wrong. 4. You're welcome.

[K-S-U-Wildcats!]

Income Inequality? What incentive is there to achieve if govt forces everyone to make the same amount of money?

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

Pssst. You just described what happens in socialist paradises. No middle class. A few rich, and a lotta poor.

[Ptolemy]

They had zero incentive because they were able to keep labor cheap and plentiful.  Unions, back then, we're responsible for a decent wage, safer conditions, and basically everything that humanized a job.  You probably think OSHA is bad too.

OSHA? Why is the federal government best equipped to regulate occupational safety? Case in point - I work in a specific area of the work-world that OSHA governs and most of their regulations "governing" that realm are technical nonsense.

[chuckjames]

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

The Industrial Revolution led to the Roaring Twenties. Rockefeller, Carnegie, Ford, Vanderbilt, et.al. (the robber barons you demonize) did more to help poor people than you or I could ever dream of accomplishing. The US does not have has the highest GDP per capita among major countries in the world because of anything Bernie Sanders can visualize.

And then what happened after the roaring 20s?

This happened. https://en.m.wikipedia.org/wiki/Smoot–Hawley_Tariff_Act

Another wonderful example of government management of the economy.

That damn liberal Hoover and his policies. I mean the Fed also did pretty stupid stuff between 1929 and 1932 also. I don't think that act created the Great Depression by any means, it just didn't help solve it. I'm not for tariffs or protectionist ideals. I'm a big believer in Ricardo and his view of trade.

[K-S-U-Wildcats!]

KSUW, fsd is a sock do whatever, but can you please stop using the word tard? Please.

The word is libtard. And it's a perfectly appropriate descriptor of the libtarded state of mind.

you ruin your ability to sway people to your side when you die on hills like this one ksu. just a friendly piece of advice. using the word "tard" is offensive.

Yeah I don't self-sensor to protect the weak sensibilities of fools.

[chuckjames]

Income Inequality? What incentive is there to achieve if govt forces everyone to make the same amount of money?

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

Pssst. You just described what happens in socialist paradises. No middle class. A few rich, and a lotta poor.

Pssst. It also happens to be the natural endgame of laissez faire Capitalism, because of economies of scale and such.

[K-S-U-Wildcats!]

Income Inequality? What incentive is there to achieve if govt forces everyone to make the same amount of money?

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

Pssst. You just described what happens in socialist paradises. No middle class. A few rich, and a lotta poor.

Pssst. It also happens to be the natural endgame of laissez faire Capitalism, because of economies of scale and such.

ok bub. You just keep believing that capitalism wasn't responsible for the greatest economy and standard of living in the history of the world - and that socialism has a better track record on that score.

[chuckjames]

Income Inequality? What incentive is there to achieve if govt forces everyone to make the same amount of money?

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

Pssst. You just described what happens in socialist paradises. No middle class. A few rich, and a lotta poor.

Pssst. It also happens to be the natural endgame of laissez faire Capitalism, because of economies of scale and such.

ok bub. You just keep believing that capitalism wasn't responsible for the greatest economy and standard of living in the history of the world - and that socialism has a better track record on that score.

Where did I say I'm a socialist? I believe in the power of the free market and capitalism, but I think the power of capitalism needs to be reigned in by government or else it will be abused by man.

[Ptolemy]

ok bub. You just keep believing that capitalism wasn't responsible for the greatest economy and standard of living in the history of the world - and that socialism has a better track record on that score.

The Bernians are running out of steam, it appears.

[chuckjames]

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

The Industrial Revolution led to the Roaring Twenties. Rockefeller, Carnegie, Ford, Vanderbilt, et.al. (the robber barons you demonize) did more to help poor people than you or I could ever dream of accomplishing. The US does not have has the highest GDP per capita among major countries in the world because of anything Bernie Sanders can visualize.

And then what happened after the roaring 20s?

This happened. http://i1.wp.com/www.powerlineblog.com/ed-assets/2016/02/Income-Gap.png

Another wonderful example of government management of the economy.

Huh? Is that like the visual form of Black Monday?

I copied wrong link. 1. See correction. 2. Realize government was largely to blame. 3. Realize you're wrong. 4. You're welcome.

Man the US government had the power to send the entire world into a depression. Damn if only government was that powerful.

[Ptolemy]

Where did I say I'm a socialist? I believe in the power of the free market and capitalism, but I think the power of capitalism needs to be reigned in by government or else it will be abused by man.

Why is govt better qualified than the marketplace to reign-in capitalism? As proven by the last 100 years, govt just starts picking winners and losers and making itself more powerful.

[chuckjames]

Where did I say I'm a socialist? I believe in the power of the free market and capitalism, but I think the power of capitalism needs to be reigned in by government or else it will be abused by man.

Why is govt better qualified than the marketplace to reign-in capitalism? As proven by the last 100 years, govt just starts picking winners and losers and making itself more powerful.

the biggest reason is there are externalities that the market can't capture like pollution, social cost, etc.

[star seed 7]

The regresocons in this thread omg 

'lemy nipping at renocats heels for favorite "wtf" factor 

[K-S-U-Wildcats!]

ok bub. You just keep believing that capitalism wasn't responsible for the greatest economy and standard of living in the history of the world - and that socialism has a better track record on that score.

The Bernians are running out of steam, it appears.

Those memes really stirred up a hornets nest. Because there's more than a little truth to them. Socialism is pretty tough to defend. There's just a whole lot of Venezuelan shitholes in the world where socialist crusades have failed.

[chuckjames]

No one here is arguing for Soviet like communism, but keep arguing against that straw man.

[Ptolemy]

the biggest reason is there are externalities that the market can't capture like pollution, social cost, etc.

That answer offers no evidence why the govt is best qualified to regulate "pollution, social cost, etc." For example, he federal government officially identifies a gas essential to life itself, carbon dioxide, a pollutant.

[star seed 7]

the biggest reason is there are externalities that the market can't capture like pollution, social cost, etc.

That answer offers no evidence why the govt is best qualified to regulate "pollution, social cost, etc." For example, he federal government officially identifies a gas essential to life itself, carbon dioxide, a pollutant.

Yes! More like this! 

[chuckjames]

the biggest reason is there are externalities that the market can't capture like pollution, social cost, etc.

That answer offers no evidence why the govt is best qualified to regulate "pollution, social cost, etc." For example, he federal government officially identifies a gas essential to life itself, carbon dioxide, a pollutant.

So we just let the market decide? Who cares if I pollute the river, that's the people problem down stream. I made my money already.

[K-S-U-Wildcats!]

Income Inequality? What incentive is there to achieve if govt forces everyone to make the same amount of money?

And what good is capitalism if there are very few people that are uber rich and everyone else is poor? Ala the robber baron era of the late 19th century..early 20th century?

Pssst. You just described what happens in socialist paradises. No middle class. A few rich, and a lotta poor.

Pssst. It also happens to be the natural endgame of laissez faire Capitalism, because of economies of scale and such.

ok bub. You just keep believing that capitalism wasn't responsible for the greatest economy and standard of living in the history of the world - and that socialism has a better track record on that score.

Where did I say I'm a socialist? I believe in the power of the free market and capitalism, but I think the power of capitalism needs to be reigned in by government or else it will be abused by man.

Government is man, and it is no more accountable, or less corrupt, than those greedy corporations. Government is, however, a lot stupider, and acts a lot stupider because it's not risking its own money.

This is a somewhat philosophical argument, btw. In reality, we're probably not as far apart as it sounds. I'm not advocating for no regulation - just less. Certainly not more! Going more socialist with Bernie is just dumbfounding.

[K-S-U-Wildcats!]

No one here is arguing for Soviet like communism, but keep arguing against that straw man.

Venezuela and Argentina are not "Soviet like communism" either. They both put their economies in the shitter. I'm not using strawman.