Crapitalists will defend this

>crapitalists will defend this

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>a commie who can't understand economics
What a surprise.

>defending a system which intentionally depresses workers' wages despite unprecedented global wealth generation rates

...

>crapitalists will defend this


LOL! Hourly earning for a 16 year old.

Certainly not for a man.

seems legit
woah almost like you had credit expansion around that time, and the state-run banking system let's the rich access the newly-created money first, before it loses its value

...

Communism would just give you a straight line at the bottom. Sorry m8.

lol

Maybe we should get rid of minimum wages in order to fix that, fagget.

hmmmm

...

>Comnunist not understanding economics.
This is a result of statism. Largely the Federal Reserve Bank.

China is run by the Communist Party. Most industries are owned by the state.

Thanks for proving that Communist-run countries are superior to capitalist ones.

cuck

Jesus fucking Christ, you don't even know what you're talking about. Have your (you)

>central planned notes
>capitalism

...

China is proof of the benefits of neither communism nor communism. China and Vietnam, if anything, are ironic proof that capitalism is most brutally effective in its functions under the guidance of an authoritarian state.

tradingeconomics.com/romania/gdp
ok, i'm done now

>communist-run countries
>China has modeled and implemented capitalism into it's country

Didn't the crisis start before it became capitalist?

You dont implement capitalism, you just allow it

Chinese and Vietnamese people both support capitalism more than Americans.

Wow, someone even stupider than OP chimed in.

>completely fails to understand the concept of booms and busts.
I would recommend reading up on basic economics before trying to make a serious argument against the current system.

Romania probably wasn't the best choice. Some of the Eastern Economies may be doing worse than they were but many have prospered

>Please hear my wonderfully precented bullshit.

Save it Habermas debunked outsourcing 25 years ago.

True. China and Vietnam realized that instead of challenging it, they just allowed it for business to be smoother. And it's worked.

For OP to say China is communist just shows he's dumb

They chimed in by blaming everything on the boogeyman known as the fed.

Chinese "capitalism" is nothing like Western capitalism. In China, corrupt capitalists get executed. In the West, corrupt capitalists get elected.

Here's an idea. If you want higher pay, get a higher paying job. CEOs are often the ones who started the company in the first place, so the reason people under them get paid to begin with is because of their ideas. If you want the salary of a CEO, go start a company. To put it simply, CEOs make a fuckton of money because they're really willing to take risks. Those working for them don't take those same risks, they prefer stability in their income.

Wait... Are you defending the Chinese system? Fucking really?

Corruption is an inherent aspect of capitalism. In a system where men are raised to worship money, why would you not expect men to pursue money at the expense of others?

Do you have an alternative theory to why real wages have been stagnant other than monetary policy?

I honestly don't even know how that's supposed to relate.
Here's a little test. Explain to me, anyone in favor of communism, what economic booms and busts are.

Communists will deflect this

>be commie
>cause the 60's
>destroy trad family
>boomers enter workforce with all women joining workforce as well now
>wages and productivity decouple as labor supply explodes
>wages and productivity could recouple with each other
>Mega corps/bankers see how productivity decoupled, it gives them more profit
>Proceed to slam labor supply via immigration.
>Works as intended. Everyone is poor now.
Whole problem literally caused by communist because White Burgers had rejected your ideology by the 1970's thus you knew the only way was to bring in shitskins.
>Your kind literally caused this.

women and spics in the workforce. difficulty measuring inflation. increased amount of medical benefits instead of wages

>defending a system

you mean the (((bankster cabal)))? You mean THAT system? You mean central banking? The same central banking specified in plank #5 of YOUR ideology?


Commie BTFO, again, as usual, as always.

Pretty much this. Just about everyone in favor of communism doesn't understand the fundamental basics of economics.

The top earners in this world are capitalists, not the CEOs or entrepreneurs.

Primarily globalism expanding the labor supply, and secondly the decline of unions. The federal reserve is certainly not without blame, in fact its policies are another main cause.

supply and demand isn't a problem anymore because of how efficient production has become

unless you're talking about marketing which is a evil and manipulative industry in itself

This guy gets it

These sound like good contributing factors to me.

>This is a result of statism. Largely the Federal Reserve Bank.

This.

>Thanks for proving that Communist-run countries are superior to capitalist ones

Oh FFS. Bait, saged, GTFO, BTFO.

>neoNEOmarxists will defend this

Globally, yes. Capitalist nations outearn others. But in those capitalist nations, entrepreneurs and CEOs earn the most because of their risk taking.

Women entering the workforce is a natural and direct result of unrestrained capitalism.

>supply and demand is no longer relevant
This fucking guy.

No, in the US, capitalists also earn more than the CEOs.

Capitalism actually took many women out of the workforce in the 19th century. It's complicated

neomarxists are fags

it isn't. regardless of demand so much shit is already overproduced that it causes economic crises. What, do you think economic crises are natural?

the main problem is distribution which has been recognized as the main problem going back to the 1800's. I'm talking about physical distribution of goods not wealth distribution

That doesn't make sense. Name a capitalist by profession.

>estonian miracle
All about the window of Opportunity to make that transition.
>look up private property rights indexes.
>Romania
check and m8 faggot.
Previous iron curtain countries and private property rights rankings

Socialist countries don't have economic crises

are you kidding me bro those countries are the poorest countries on earth because of capitalism

I'll agree with you on one thing, commie: anyone who thinks nationalism is compatible with "free-market capitalism" has bought into a doctrine even stupider than yours.

Capitalist isn't a profession

Capitalist is anyone who owns means of production

It's almost like something happened in the 70s..
What earth altering change in money could of happen in the 70s.. It's almost like say a government changed the very nature of money.

Funny as the wealth gap tends to be a lot smaller in more free-market nations.

Stops in 1989.. What happened in 1989??
Top KEK!

No this is what happens after a communist state collapses, but of course you know this.

Chinese communist party not corrupt... KEK
You fucking larper..

>Not understanding it's the influx of migrants after the bill in the 60s that has caused the drop in earnings

They do. and it's mainly related to problems with distribution and from outside pressure.

for the large majority of time a "socialist revolution" was supposed to be simultaneous and international. it shows historically that isolated socialism fails repeatedly

Why would employers want emotional employees that need maternity leave? Also added risk of lawsuits for harassment . Government forces business to gire women and minorities.

neo-liberal trade and immigration policies. combined with a lack of investment in domestic labor. has lead to a lower value for labor.

The people owning the companies.

Immigration and free trade are good for the economy

The supply-demand scheme doesn't apply to the labor market as a whole, because the supply and demand for labor is dependent on each other (people buying the products they produce).

Correct. Immigration raises the demand for labour and imports raises the level of foreign direct investment

this is criminal. wage cucks will defend this

Immigration can only work if the principle of the country of arrival is held up, that means a Mexican worker in the US must earn the same amount of what an American worker would earn for the same job, which is almost never the case, especially in countries that hardly have labor rights, like the US.

>immigration can only work when [arbitrary limit I just made up]
Stop

That would make communism government owned capitalism.

Those are CEOs you faggot.

Exactly, which is why we say communism has only ever existed in name only

finally you people understand.

lol...

I dont care about wagecucks
They choose that slavery, they can get out and educate themselves but they never do

I have no symphaty for then

>they can get out and educate themselves but they never do
Most people in capitalist countries can't even afford decent housing or electricity, much less education. You'd have to have shit for brains to think a Juarez orphan whose parents were killed by drug cartels has the same shot at life as Baron Trump.

arbitrarily adjusted to simulate inflation*

Oh look, the decline coincides with globalization. Big surprise

>graph ends at 04
>edits out the part where it has increased since then and is peaking now

...

>white nation better than shitskins
STOP THE PRESSES

How come you call yourself a fascist while defending labor unions? Mussolini's Blackshirts originated as for-pay union busters.Hitler smashes labor unions in Germany as soon as he seized power.

Globalization is an inevitable evolution of capitalism. You can't have capitalism without globalization.

Please show me wages in a socialist or communist country during the same time frame.

>measured in potatoes you are allowed to keep