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I no longer believe in capitalism. At all.

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  • #16
    Originally posted by Kidicious View Post
    Really?
    No.
    If there is no sound in space, how come you can hear the lasers?
    ){ :|:& };:

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    • #17
      “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
      "Capitalism ho!"

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      • #18
        Stupid people sometimes accidentally end up with money. Money is power. It is very dangerous to have stupid people wielding power. For the cost of one VOICE CONTROLLED PIANO PLAYING POLAR BEAR, a stupid person could for instance buy enough beer and fireworks to set all of southern California on fire.

        These free market heroes (and others like them, such as HSN) are helping to reduce this threat by relieving stupid people of their excess cash before they can harm anyone else with it. Saving firefighters lives and movie stars' homes

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        • #19
          This is why there should be progressive consumption taxes.
          "You're the biggest user of hindsight that I've ever known. Your favorite team, in any sport, is the one that just won. If you were a woman, you'd likely be a slut." - Slowwhand, to Imran

          Eschewing silly games since December 4, 2005

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          • #20
            There are warehouse districts in China the size of small cities filled with plastic crap that you would think no one would buy.

            Actually, these days no one is buying them.
            “As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
            "Capitalism ho!"

            Comment


            • #21
              Originally posted by Aeson View Post
              Stupid people sometimes accidentally end up with money. Money is power. It is very dangerous to have stupid people wielding power. For the cost of one VOICE CONTROLLED PIANO PLAYING POLAR BEAR, a stupid person could for instance buy enough beer and fireworks to set all of southern California on fire.

              These free market heroes (and others like them, such as HSN) are helping to reduce this threat by relieving stupid people of their excess cash before they can harm anyone else with it. Saving firefighters lives and movie stars' homes
              My daily thanks hasn't yet refreshed. If you want it, you must ensure that no posts more deserving of thanks are made between now and then (5:43 pm EST, I think).
              Click here if you're having trouble sleeping.
              "We confess our little faults to persuade people that we have no large ones." - François de La Rochefoucauld

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              • #22
                a) I am angered by your implication that I couldn't make a better post in that time-frame (however true such an implication may be)
                b) I assure you I am up to the task of making sure 'poly is bogged down in an endless morass of petty sophistry and pedantic squabbles devoid of even the faintest glimmer of redeeming value. Or at least I would be if I wasn't headed for bed. (I have faith still that I will awake to thanks "for how [I] performed last night".)

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                • #23
                  Saw something today that made me think of this thread. Was at the mall getting new running shoes (ROTC cadre didn't like my shoes, the ****ers) and I saw $50 Nike AirJordan baby shoes.

                  Seriously, what the hell? $50 for baby shoes? He'll outgrow those damn things in a month! Where will you be then?

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                  • #24
                    Originally posted by regexcellent View Post
                    Saw something today that made me think of this thread. Was at the mall getting new running shoes (ROTC cadre didn't like my shoes, the ****ers) and I saw $50 Nike AirJordan baby shoes.

                    Seriously, what the hell? $50 for baby shoes? He'll outgrow those damn things in a month! Where will you be then?
                    Bronze them.
                    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                    - Justice Brett Kavanaugh

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                    • #25
                      Originally posted by DaShi View Post
                      There are warehouse districts in China the size of small cities filled with plastic crap that you would think no one would buy.

                      Actually, these days no one is buying them.
                      These days? Rather since the crisis or since the Chinese decided to go megalomaniac on reality: http://www.dailymail.co.uk/news/arti...ng-centre.html (and this is 2009 material )
                      "An archaeologist is the best husband a women can have; the older she gets, the more interested he is in her." - Agatha Christie
                      "Non mortem timemus, sed cogitationem mortis." - Seneca

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                      • #26
                        Yeah, it's 2009. That should lead to economic collapse, but the economy is still steady.
                        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                        - Justice Brett Kavanaugh

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                        • #27
                          Originally posted by Jaguar View Post
                          This is why there should be progressive consumption taxes.
                          Serious: how do you do it without seriously intruding on privacy?
                          In Soviet Russia, Fake borises YOU.

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                          • #28
                            Presumably you'd have to do it with handouts.
                            If there is no sound in space, how come you can hear the lasers?
                            ){ :|:& };:

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                            • #29
                              Originally posted by Oncle Boris View Post
                              Serious: how do you do it without seriously intruding on privacy?
                              Income = Saving + Consumption

                              =>

                              Consumption = Income - Saving

                              So a progressive income tax with a deduction for saving. (And implicitly, a penalty for dissaving.)

                              Equivalently, you can just do a progressive payroll tax. Over-taxation in years that you saved is precisely matched by under-taxation in years that you dissave.
                              Last edited by Kuciwalker; September 9, 2012, 14:40.

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                              • #30
                                Please explain how a progressive consumption tax would actually work. What items would be exempt from such a tax, and how would it be progressive?

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