Capitalism is Fucked

Richest guy at my town hosted a party for the mayor and had a festival in his backyard. Guess what, turns out he's got a business degree from a party school, mentioned that he "smoked weed a lot in his youth", and basically was a bum for two years before starting a business.

Meanwhile there's guys with PHDs from Harvard in Theoretical Physics who can't find a job because "that doesn't generate money".

Other urls found in this thread:

en.wikipedia.org/wiki/Math_55
math.harvard.edu/~ctm/home/text/class/harvard/55b/10/html/home/course/course.pdf
libertariannews.org/2011/06/30/anarchy-in-somalia/
heritage.org/index/ranking
twitter.com/NSFWRedditGif

I think that means capitalism is working.

HOW?

If the two PHD's can't find a job that generates them money then that means they can't provide anything that society values. If the rich guy is able to own a business despite smoking pot then that means he is providing a service or goods that society values a lot.

What if the business is actually screwing society? Does he still deserve to be rich?

What business does the rich guy in town have? What is this business doing that is screwing society?

Runs a supermarket chain. The way i see it is he's screwing society because if more people to to his store he's putting many small businesses out of business.

>complains about Capitalism
>complains it's causing unemployment.
>okay, so let's lower the minimum wage so that small businesses can afford to hire more people to reduce unemployment?

By delivering the same products at a lower price.

Try again comrade.

That means the small businesses are not efficient enough. Then it's a balance of free market vs skewing it in favour of small businesses with higher costs. Cost of living goes up.

The guy with a PhD in physics from Harvard could easily get a job at Goldman Sachs or some HFT firm and screw society from there.

>Meanwhile there's guys with PHDs from Harvard in Theoretical Physics who can't find a job because "that doesn't generate money".

W...what to you mean I can't cheat economics with my first year idealist theories? We will just give give everyone jobs and pay everyone millions of dollars!

>The way i see it

There's your problem. You see everything through the eyes of a jealous, ineffectual, self defeating faggot.
WTF I hate affordable food now

>he's screwing society because if more people to to his store he's putting many small businesses out of business
If more people go to his store then that means society values his business more than the small businesses, which means that he must be offering better services.

Just want to add that a lot (if not most) of the guys I know with advanced degrees in physics and math are working in finance.

The guy who runs a supermarket chain is doing a lot more good for society than those people.

Which is bad. Falling prices makes more people with shop there and put even more small businesses into bankrupcy

Or.... lets just give everyone a job?

Guess what bud people ate before supermarkets

The small businessmen, what about them?

flag is national socialist because even though im not a "Nazi" I like nationalism for the unity but like socialism.

>The small businessmen, what about them?
They can either provide a service that society values or they can go out of business.

I was given from a very young age conflicting stories on whether art was inherently subjective or not. Sometime in teenagehood, I found the compromise that art is subjective to its audience, but there are obvious decisions and tricks you can pull to make it more appreciated by the masses and critics.

>here's where it gets relevent
I find jobs to be the same thing. As a rule of thumb, generally the exclusive jobs that require a lot of qualifications and experience should be higher paying than the rest, but it's not a given. You have to be aware of the climate of the world and economy, and aim for jobs accordingly that is easy to get.

There are major flaws in capitalism, but there's a reason it, along with the monetary system, has lasted so long. (straight from the Romans, arguably earlier on as the Celts would value themselves based off how many of their enemies' heads they held on to).
In an ideal economy with lots of workers AND lots of companies to hire them, the companies would have lots of job offerings, and there'd be lots of people to fill them in, so neither side could be too picky.

Basically, we need to open up more companies to reinvigorate capitalism.

>change your lifestyle to suit our needs or fall into poverty!
Capitalism is literally slavery

So you think people should be forced to buy products that they don't want from the smaller business, and you don't consider that slavery? Yet being asked to simply provide products that other people want instead of creating stuff no one wants to buy is somehow slavery to you?

> and put even more small businesses into bankruptcy

And now society will get the goods they produced before AND the goods they produce in their new jobs, without having to increase the number of mouths to feed. This is how we became wealthy.

Buys food in bulk.
Sells food in smaller quantities.
Screwing society

ALMONDS

>The small businessmen, what about them?

If it reaches the point where he's a monopoly or close to it then you enforce anti-trust laws.

Until then you can't just put him out of business because out-competing his competitors.

>The small businessmen, what about them?

If you're a small business being crushed by another business, you aren't a good business. If you were providing what people want, when they want it, at the price they want to pay, with the service experience they desire, you have nothing to fear.

Demanding that mediocre businesses be protected from their better competition is like demanding average Joes be put onto pro sports teams because they really want to be athletes.

It sucks, but the end result of business Darwinism is we get better products more conveniently at a lower price.

>That means the small businesses are not efficient enough
You mean not efficient enough at lobbying.

>#3 biggest company in the world is Facebook
>which did not exist 12 years ago

Why does the lobbying meme continue

>posts anti-capitalism thread using an expensive computer device purchased with money earned in the market

Capitalism is the ONLY system in the world that has consistently lifted people out of poverty, worldwide.

Well the way I see it is this

>small town
>most people own businesses
>self made people
>big chain store comes in
>all peoples business goes out of business
>get jobs at the store

Now they don't control their own means of production, but are subservient to someone above them who controls them. The chain store stole their lifestyle of being petite bourgoise and made them proles

>jobs
Problem is not everyone wants to be proletariet

>putting food stores out of business who can't sell for lower quality

Well im saying look, how can i start a business? I can't since big corps do everrything better.

Excuse me but how are small businesses suppose to compete with walmart?

>Now they don't control their own means of production, but are subservient to someone above them who controls them
If that person is offering them more than what they could make by themselves, I don't see the problem. We're not socialists, we don't care whether we're getting the full value of our labor, only whether we're getting more than what we were before.

>Problem is not everyone wants to be proletariat
Great. I can't wait to try out what these gentlemen produce in their next venture.

My computer was built in China. A socialist country

>he posts on his computer defending capitalism when he bought the computer from a company that had it made in China

>Well im saying look, how can i start a business? I can't since big corps do everrything better.

If they're doing it much better than you then take it as a hint you should be doing something else.

If it gets to the point where the company's existence starts harming the economy then you can consider enforcing anti-trust.

desu, I don't think its time to enforce anti-trust laws on a company like Amazon yet though its getting pretty close.

Except they aren't getting more than they got before. A guy who ran a small convinence store maybe made 50K a year, working at Walmart gets you minimum wage.

money isn't everything, grow up.

>Meanwhile there's guys with PHDs from Harvard in Theoretical Physics who can't find a job because "that doesn't generate money".

being educated and knowledgeable accounts to nothing if you do not know how to actually apply them to produce something with actual *value*

entrepreneurship is an intelligence/skill all in itself.


many many many poor 'geniuses' and 'experts' out there.

skill/knowledge does not always equate with success/wealth

>inb4 some one says China is dedicated to Capitalism

post yfw they had to pay someone to make that sign

>the evils of captialism have been defeated

>
>>inb4 some one says China is dedicated to Capitalism
>
>My computer was built in China. A socialist country
>>he posts on his computer defending capitalism when he bought the computer from a company that had it made in China


china may have an internally collectivist social platform but their whole existence is propped up by capitalistic international trade.

Producers of sustenance are King.
Cities are absolutely vulnerable to halt shipments of sustenance and pandemonium.
Fuck cityfags (except for the few that are /ourguys/ [get the fuck out y'all])

Work for a big corporation for a while. Accumulate a list of annoyances, for customers, for workers, for management. Devise a plan to solve one or more of these annoyances. for one or more of the above groups.

Assume similar companies suffer the same annoyances and grow horizontally. See your niche as part of a broader problem and expand across the stack, growing vertically.

Sell out, retire rich and realize you were a tiny drop of oil in vast machine that let people produce just a little more product for a little less resources. It's enough for a man.

A man with the skills to run a convenience store is not gonna end up working minimum wage at Walmart if he has any ambition or work drive.

My great grandpa was a farmer. A petite bourgeois who owned his means of production, and he was poor as shit and had to use newspapers in the walls as insulin. His son chose to become a prole so that he wouldn't be living in poverty, because General Motors was offering him more than a life of farming ever would. Then his son used the opportunity given to him to get a college degree and work for a trucking company, earning himself and his family a comfortable middle class lifestyle. Then I used the opportunities that he gave me to become an engineer, hopefully one day earning my future children a nice lifestyle as well.

Bourgeois and proletariat, blood and soil, none of that mattered in my grandpas decision to ultimately leave the farm. The only thing that mattered was earning a better life for himself.

>don't create anything society values
>don't get money

Explain youtubers and patreonfags who don't actually create anything of their own but """entertainment""" completely on the backs of other peoples work.

Wow that's great! I guess you support importing cheap labor workers from overseas so that businesses can make maximum profit?

>Wtf I love globalism now!

*sips mass produced tea*

if capitalism isnt working, why is the entire human population immigration INTO capitalist countries, not the other way around? how come the majority of people would prefer to live under capitalism?

>capitalism isn't working
actually, you aren't working

This reminds me of Bill Gates. Bill Gates is an inept that never finished University and never wrote a line of code, but he got the right (((contacts))) and IBM landed him a job starting at the top position, the kind of which you will never have access to, regardless of your merits.

Similarly, there are people that will never get trouble finding funding for their start-ups, no matter how stupid they are, and there are people that will have their bad products unfairly advertized everywhere, thanks to a (((network of contacts))) that you won't evern have access to.

No "-isms" work, "-ists" do. Sheesh, you be living under a rock?

some faggot cuck showing up conspiring with women and the government isn't a "chain store"

Read Rich Dad Poor Dad by Robert Kiyosaki

And then "Rich Dad, Poor Teen" to explain why people become socialists :^)

So after all that work he's still not very wealthy, while biillionaires get richer. Is that fair?

I already fucked up my life a week ago so that won't really work. But thanks for trying to help out

They aren't. Look at refugees going to Scandinavia and Germany rather than Somalia

Not really true. My parents are rich but i ruined my life and now im on the road to poverty. I'm talking more elites.

>So after all that work he's still not very wealthy
He never took risks. Neither have I. It is not work that makes you wealth, it is risk. I chose a comfortable life of safety over a risky life of possible wealthiness.

Bill Gates aced Harvard's math 55 course. He dropped out of Harvard, not because he couldn't succeed academically but because his time was better spent elsewhere.

en.wikipedia.org/wiki/Math_55

math.harvard.edu/~ctm/home/text/class/harvard/55b/10/html/home/course/course.pdf

"In 1970, this demanding course covered almost four years worth of mathematics classes in two semesters, and therefore drew only the most dedicated students.[4] In the class of 1970, only 20 of the 75 students who began the class finished it due to its difficulty."

scandinavia & germany are capitalist countries

somalia is essentially an anarchist state

(yes i know scandinavia isnt a country. im fucking scandinavian)

>Excuse me but how are small businesses suppose to compete with walmart?

How is Walmart supposed to compete with Amazon? How was Walmart supposed to compete with department stores? How were department stores supposed to compete with Sears & Roebuck? How were Sears & Roebuck supposed to compete with the friendly convenience of your local five & dime?

Retail changes. Walmart is shitting its pants over Amazon right now. The end result is, however, that people get better stuff cheaper faster, and that is always good.

It would've sucked to be a saddlemaker once Ford started building the Model T, but the democratization of the automobile has been possibly the greatest liberator of the people ever.

>somalia is essentially an anarchist state
And a failed socialist state, too.

Skykang skykang do not answer
Commie scum detected and btfo
FUCK YOU RABBI
Main sail out

this guy gets it

capitalism works when competition is allowed to thrive. no one ever obtains a "permanent monopoly" as long as the state doesnt enforce laws that are highly preferential to some specific enterprises. if the free market is allowed to run itself, better technology will always outdate the current big players, and no one will ever "permanently" remain on top, and the consumers (us) will continously get a better and better way of life through improved technologies & competition. capitalism only "fails" when totalitarian socialist policies undermine the competitive foundation

They are scoialist

>government meddles in every aspect of commerce
>makes a mess
>"Capitalism isn't working!"
>government meddles more
>makes a bigger mess
Capitalism ain't the part that's not working. Capitalism means security of property and the freedom to produce with it as you see fit. We haven't got nearly enough of either. The more tax there is, obviously the less secure your property is, since the government keeps taking your property, that's what tax is. All the regulation also means you don't really own things strongly, because the government is telling you what you can and can't do with them.

>Meanwhile there's guys with PHDs from Harvard in Theoretical Physics who can't find a job
Do you suppose we should employ an unlimited number of theoretical physicists? If anything, we're overinvested in theoretical physics. Upstream, we have to produce experimental results for them to study, downstream, we have to develop practical applications. Theoretical physics is well out ahead of what we can afford to experiment with or what we know what to do with.

More importantly, there are more people who want to be a theoretical physicist than who have any significant contribution to offer. It's quite a prestigious occupation.

hahaha of course it fucking is

>inb4 (((NOT REAL SOCIALISM)))

you have some bad information, my dude. im from scandinavia, as you might be able to tell from my flag. its a common misconception that scandinavian countries are "socialist", but what we basically have is a surplus of wealth due to efficient capitalism economic models, that enable high degrees of public welfare. in terms of "financial freedom" and "ease of doing business" for international trading partners, there is less regulation in the way here than there is in the US. by many measurements, we are actually MORE capitalist than the US.

>scoialist
I'm sorry, I've never heard of scoialism, perhaps you can explain it to me?

Seriously though, Germany and Scandinavia rank among the highest economic freedom in the world, they're capitalist as hell.

Society values what little they do regardless of what you think of them - kinda how that works m8. Get over it you whiney twat

In the scenario we're presented with, the winner, the loser and the beneficiary are all mine. Not some fucking chink. So the systemic victory is my victory. Your comment is a good reminder to be cautious when playing the Capitalism (tm) game with outsiders, where the systemic victory could be my loss. That's when we should cheat.

Bro, the state literally owns the oil industry aka the means of prodution

>what is "brainlet"

if you are incapable of comprehending that scandinavian countries are capitalistic, then theres no point explaining anything else to you

...

>we are actually MORE capitalist than the US.
This is actually very true, Sweden has a corporate tax rate of almost half of what the USA has (22% for Sweden vs. 39% for the USA).

It's funny because Somalia is actually better off now in a lot of ways than it was before its central government collapsed.

libertariannews.org/2011/06/30/anarchy-in-somalia/

Also, Germany and the Scandinavian countries are high on the economic freedom index.

heritage.org/index/ranking

It's not about you.

Wise leaf.

You're obviously too dumb to understand how they are socialist, you are a brainlet to the highest degere

It is to me.

Crazy I didn't know all of society watched internet videos. Anyway it's just another byproduct of the fake free market we live in tbqh. Also, great job actually answering the question.

...

why are you completely ignoring that gadsden who asked you to explain socialism? im curious about your defintion

and, again, im norwegian, and im telling you, norway is not a socialist state. the state owns a majority share of the oil, as it should ,and as it can under a capitalist state, wherein which a common resource ought not to be monopolized. capitalism is competition. we have competition. we have less financial regulation than the US, and as pointed out, theres less corporate tax rates in all scandinavian countries than there is in the US.
the UN also did this measurement, of "ease of doing business", measuring how much governmental regulation came in the way of free international trade, and every scandinavian country scored way higher than the US. i believe norway had the third least of all the countries measured

if you genuinely believe that scandinavian countries arent capitalist, you need to read a book or something. honestly

stop being whiny

So even though the Norwegian government only controls 32% of their economy, you consider them socialist? I suppose you also consider Venezuela socialist as well, then.

But it's not. It's about money, making it and spending it. It is not capitalism's fault that your dickhead friend used his time to find out how to make money while your nerd friends learned something that is essentially just a self-improvement course.
What did they expect to do with a theoretical physics degree? If they really were that smart, maybe they would've planned this whole life thing out better.

fpbp

b/c if "it does not generates money" means it has no demand, meaning it's not perceived as having value for other people to put money into it.
if YOU think it has value, the put your money where your mouth is or shut up

A small business can offer other services that, let's say a supermarket chain, cannot. For example, people always prefer to buy in shops in their neighborhood, where they have closer bonds to the owner and can usually access to better products, no matter how cheaper the big chains are. If you have a small business and you fail, usually is because you don' have a fucking clue on how to run said business

Well then niqqa, you bettah join dat gang gang muhfuckah! You wanna join our;
>WalmartCripxNoodXIII Inc.
gang cuh?
we finna get yo back and stomp on dem ho ass, mark buster muthafuckahz, mane!
Wuz gucci my nigga!? You down to roll in our set, mang!??

That's and example of capitalism telling you that we need less phds in theoretical physics, because we have too many and it's becoming horribly inefficient.

>controls over 0% of the economy
>not socialist

cos everyone and their dog has a phd bro, supply demand

What are you even saying? The vast majority of both the German and Scandinavian economies are owned by private businesses, how the fucking hell is that socialist? How can you be so obtuse?

Capitalism has not foresight. Let's not forget that Galois created an entire field of mathematics just days prior to his death. Of which, those mathematics hadn't actually been applied until big tech started using algo's needing it. Galois died centuries ago.

A pure capitalist society without any social subsidies or regulations, would collapse over and over again.

This entire thread is literally bait. OP knows full well the value of capitalism, and is doing this for the (you)S. Not even actual socialists are this dense.

The state controls a minority of the resouces. About 66% which means 33% which is 1.2 trillion mind you is all government run

"Capitalism isn't working"

Neither are the protestors.

Right. Which means that the majority of the economy is privately owned. Which means its not anywhere near socialist. Do you not know what socialism is?

>Shelves FULL of food EVERYDAY

Fuck off, go visit soviet SSR and wait in breadline

and then?

i'm sure he knows, he's pretending to be dense because that would mean to admit that pure socialism cant' work so he clinges to the best next thing which is capitalist country that's so rich it can afford to be ''socialist''