Poll: What is the most overrated sport

[brewster]

All economic systems lead to corruption dumbass, free market capitalism is better at preventing that than any other system.

Proven by the equality of wealth and income, right? Have you ever heard the phrase "all things in moderation"? All things need moderating, capitalism, socialism, whatever. You have "free market capitalism" running rampant in Russia right now, and it's led to oligarchy and authoritarianism, just the place we're heading. China let in just the amount of "free market capitalism" they wanted, and moderated it with authoritarianism and terror. Saudi Arabia is a Mecca (pardon the pun) of capitalism, but only for the Royal family and people that matter, everyone else can fuck themselves. Nigeria and other African nations are totally capitalistic kleptocracies. Tell me again how capitalism is the best at preventing corruption? Show your homework.

[StCapps]

All economic systems lead to corruption dumbass, free market capitalism is better at preventing that than any other system.

Proven by the equality of wealth and income, right? Have you ever heard the phrase "all things in moderation"? All things need moderating, capitalism, socialism, whatever. You have "free market capitalism" running rampant in Russia right now, and it's led to oligarchy and authoritarianism, just the place we're heading. China let in just the amount of "free market capitalism" they wanted, and moderated it with authoritarianism and terror. Saudi Arabia is a Mecca (pardon the pun) of capitalism, but only for the Royal family and people that matter, everyone else can fuck themselves. Nigeria and other African nations are totally capitalistic kleptocracies. Tell me again how capitalism is the best at preventing corruption? Show your homework.

Show me how any other economic system is better at it. The wealthiest countries with the lowest income inequality are all free market capitalist, those who are the least FMC have much higher income inequality and are much poorer. China, Russia and Saudi Arabia are not examples of the most FMC countries in the world, quite the opposite.

The top 1% of income earners already pay 40% of the taxes in America, the bottom 90% pay 35% and that number has fallen over recent years. The top 1% earns 20% of the income and pays 40% of the taxes. Your progressive taxation has gone too far as it is, and now you want a wealth tax, y'all are nuts.

[brewster]

All economic systems lead to corruption dumbass, free market capitalism is better at preventing that than any other system.

Proven by the equality of wealth and income, right? Have you ever heard the phrase "all things in moderation"? All things need moderating, capitalism, socialism, whatever. You have "free market capitalism" running rampant in Russia right now, and it's led to oligarchy and authoritarianism, just the place we're heading. China let in just the amount of "free market capitalism" they wanted, and moderated it with authoritarianism and terror. Saudi Arabia is a Mecca (pardon the pun) of capitalism, but only for the Royal family and people that matter, everyone else can fuck themselves. Nigeria and other African nations are totally capitalistic kleptocracies. Tell me again how capitalism is the best at preventing corruption? Show your homework.

Show me how any other economic system is better at it. The wealthiest countries with the lowest income inequality are all free market capitalist, those who are the least FMC have much higher income inequality and are much poorer. China, Russia and Saudi Arabia are not examples of the most FMC countries in the world, quite the opposite.

The top 1% of income earners already pay 40% of the taxes in America, the bottom 90% pay 35% and that number has fallen over recent years. The top 1% earns 20% of the income and pays 40% of the taxes. Your progressive taxation has gone too far as it is, and now you want a wealth tax, y'all are nuts.

We are an outlier in the wealthy nations in our inequality. Nowhere do CEO's make 400x their employees. All of Europe and the advanced Pacific Rim has a far better social safety net than us. How is Russia not capitalist? Those with capital continue to accumulate the most. As Mike Munger said, if your explanation is "not true capitalism", then you have to credit the same explanation given by those excusing failed Socialists nations. You want to categorize nations to suit your argument of the moment, Northern Europe is Capitalist when you need them to be to support your thesis, and Commies the rest of the time. How about the truth that they are Capitalism moderated and reigned in by Socialism?

[StCapps]

Proven by the equality of wealth and income, right? Have you ever heard the phrase "all things in moderation"? All things need moderating, capitalism, socialism, whatever. You have "free market capitalism" running rampant in Russia right now, and it's led to oligarchy and authoritarianism, just the place we're heading. China let in just the amount of "free market capitalism" they wanted, and moderated it with authoritarianism and terror. Saudi Arabia is a Mecca (pardon the pun) of capitalism, but only for the Royal family and people that matter, everyone else can fuck themselves. Nigeria and other African nations are totally capitalistic kleptocracies. Tell me again how capitalism is the best at preventing corruption? Show your homework.

Show me how any other economic system is better at it. The wealthiest countries with the lowest income inequality are all free market capitalist, those who are the least FMC have much higher income inequality and are much poorer. China, Russia and Saudi Arabia are not examples of the most FMC countries in the world, quite the opposite.

The top 1% of income earners already pay 40% of the taxes in America, the bottom 90% pay 35% and that number has fallen over recent years. The top 1% earns 20% of the income and pays 40% of the taxes. Your progressive taxation has gone too far as it is, and now you want a wealth tax, y'all are nuts.

We are an outlier in the wealthy nations in our inequality. Nowhere do CEO's make 400x their employees. All of Europe and the advanced Pacific Rim has a far better social safety net than us. How is Russia not capitalist? Those with capital continue to accumulate the most. As Mike Munger said, if your explanation is "not true capitalism", then you have to credit the same explanation given by those excusing failed Socialists nations. You want to categorize nations to suit your argument of the moment, Northern Europe is Capitalist when you need them to be to support your thesis, and Commies the rest of the time. How about the truth that they are Capitalism moderated and reigned in by Socialism?

Russia is less capitalist than most nations capitalist nations, hence their issues. Northern Europe is capitalist, they just have higher tax rates and bigger social safety net than America, that doesn't make them not capitalist. Your tunnel visioning on CEO compensation is irrelevant, stop hating on others success, if companies want to pay them a lot, that is their prerogative. All of Scandinavia's economic success stems from capitalism, when they were more socialist during the 60's and 70's, the income inequality was higher and they were poorer.

[brewster]

Show me how any other economic system is better at it. The wealthiest countries with the lowest income inequality are all free market capitalist, those who are the least FMC have much higher income inequality and are much poorer. China, Russia and Saudi Arabia are not examples of the most FMC countries in the world, quite the opposite.

The top 1% of income earners already pay 40% of the taxes in America, the bottom 90% pay 35% and that number has fallen over recent years. The top 1% earns 20% of the income and pays 40% of the taxes. Your progressive taxation has gone too far as it is, and now you want a wealth tax, y'all are nuts.

We are an outlier in the wealthy nations in our inequality. Nowhere do CEO's make 400x their employees. All of Europe and the advanced Pacific Rim has a far better social safety net than us. How is Russia not capitalist? Those with capital continue to accumulate the most. As Mike Munger said, if your explanation is "not true capitalism", then you have to credit the same explanation given by those excusing failed Socialists nations. You want to categorize nations to suit your argument of the moment, Northern Europe is Capitalist when you need them to be to support your thesis, and Commies the rest of the time. How about the truth that they are Capitalism moderated and reigned in by Socialism?

Russia is less capitalist than most nations capitalist nations, hence their issues. Northern Europe is capitalist, they just have higher tax rates and bigger social safety net than America, that doesn't make them not capitalist. Your tunnel visioning on CEO compensation is irrelevant, stop hating on others success, if companies want to pay them a lot, that is their prerogative. All of Scandinavia's economic success stems from capitalism, when they were more socialist during the 60's and 70's, the income inequality was higher and they were poorer.

No true Scotsman....

[StCapps]

We are an outlier in the wealthy nations in our inequality. Nowhere do CEO's make 400x their employees. All of Europe and the advanced Pacific Rim has a far better social safety net than us. How is Russia not capitalist? Those with capital continue to accumulate the most. As Mike Munger said, if your explanation is "not true capitalism", then you have to credit the same explanation given by those excusing failed Socialists nations. You want to categorize nations to suit your argument of the moment, Northern Europe is Capitalist when you need them to be to support your thesis, and Commies the rest of the time. How about the truth that they are Capitalism moderated and reigned in by Socialism?

Russia is less capitalist than most nations capitalist nations, hence their issues. Northern Europe is capitalist, they just have higher tax rates and bigger social safety net than America, that doesn't make them not capitalist. Your tunnel visioning on CEO compensation is irrelevant, stop hating on others success, if companies want to pay them a lot, that is their prerogative. All of Scandinavia's economic success stems from capitalism, when they were more socialist during the 60's and 70's, the income inequality was higher and they were poorer.

No true Scotsman....

Not at all. Simply pointing out that the more countries embrace free market capitalism, the wealthier they get and the less income inequality they get. This is borne out by all the wealthiest nations with low inequality being free market capitalist. You simply want to deny facts to shit on capitalism when it does a better job than any other economic system you can point to.

You are the one playing the No True Scotsman game, pretending that Northern Europe isn't capitalist because it's social safety net, like a complete rube. You are the one pretending that countries that embrace free market capitalism a lot less than Scandinavia are somehow prime examples of free market capitalism while Scandinavia is not capitalist. America's wealth inequality isn't that high, and it is far from tax haven for the rich.

Many tax havens have better far better social services than socialist nations despite the low tax rates, so your whole theory about capitalism being bad for those who aren't rich is simply not true, free market capitalism is in fact better for the poor than any other economic system, yet you shit on it because it also lets the wealthy get wealthier.

Like I say, you'd rather the poor were poorer, provided that the rich were less rich. You think success is a symptom of corruption, otherwise they wouldn't be so successful and that is just economically retarded reasoning. Eat The Rich is not a good economic plan, pro tip. If you want to focus on lifting up the poor and middle class, then dragging down the rich is the worst way to do that, yet it's your go to solution to any income inequality existing, not a last resort that should be kept in check and not result in the confiscatory taxes you are proposing, which kill the golden goose and make it harder for the poor and middle class to get ahead. All just to stick it to the rich because you are filled with envy.

[brewster]

You're taking out your ass, your theories do not relate to the facts. We have more inequality than Russia or Vietnam, and the same as China & Venezuela.

Viewed comparatively, U.S. income inequality is even worse than you might expect. Perfect comparisons across the world's hundred-plus economies would be impossible -- standards of living, the price of staples, social services, and other variables all mean that relative poverty feels very different from one country to another. But, in absolute terms, the gulf between rich and poor is still telling. Income inequality can be measured and compared using something called the Gini coefficient, a century-old formula that measures national economies on a scale from 0.00 to 0.50, with 0.50 being the most unequal. The Gini coefficient is reliable enough that the CIA world factbook uses it. Here's a map of their data, with the most unequal countries in red and the most equal in green.

https://www.theatlantic.com/internation ... ty/245315/

Another GINI map, on neither does we look very good with our "pure" capitalism. Yay, we're better than Brazil!

[StCapps]

You're taking out your ass, your theories do not relate to the facts. We have more inequality than Russia or Vietnam, and the same as China & Venezuela.

Viewed comparatively, U.S. income inequality is even worse than you might expect. Perfect comparisons across the world's hundred-plus economies would be impossible -- standards of living, the price of staples, social services, and other variables all mean that relative poverty feels very different from one country to another. But, in absolute terms, the gulf between rich and poor is still telling. Income inequality can be measured and compared using something called the Gini coefficient, a century-old formula that measures national economies on a scale from 0.00 to 0.50, with 0.50 being the most unequal. The Gini coefficient is reliable enough that the CIA world factbook uses it. Here's a map of their data, with the most unequal countries in red and the most equal in green.

https://www.theatlantic.com/internation ... ty/245315/

Another GINI map, on neither does we look very good with our "pure" capitalism. Yay, we're better than Brazil!

Note how nearly all the countries with the best gini coefficients are some of the most free market capitalist nations on the planet, and when you narrow it down to countries with high GDP per capita, it's all of them. Note how all of the most unequal countries in the world that are poor are some of the least free market capitalist countries on the planet. Your tunnel visioning on US income inequality does not negate these facts, and many of the "poor" in America are rich as fuck compared to many of the rest of the world's upper income earners in poorer countries, yet you act like income inequality is some huge issue in America despite that context.

Even your own data shows me to be correct, and here you are refusing to accept your own facts, so you can stick to your free market capitalism hating dogma. You'd rather the poor we're poorer, provided the rich were less rich. You prefer poor countries with a more even income distribution to the richest country in the world with a less even income distribution, even when the poor in the rich country are often richer than the rich in the poor country. Just goes to show how misplaced your priorities are, and how filled with envy you are.

Now if you go by economic freedom, note how even more strongly the poor and middle class of a nation being well off is correlated with free market capitalism than income inequality.

Blue and Dark Green are the most free market, Yellow is in the middle, Orange and Red are the least free market.

There isn't a single country that is Orange or Red, where the poor and middle class are well off, and there are tons of Blue and Green nations were they are better off than most poor and middle class people of the world. Yellow is a mixed bag with only really Western European Yellow nations having a poor and middle class that are well above global average, take them out of the equation and the picture starts to look a lot bleaker.

Again your Free Market Capitalism Bashing, Eat The Rich Bullshit and Robin Hood Economics Retardation are simply out of line. That will hurt the poor and middle class, not help them.

[Speaker to Animals]

Income inequality is not necessarily bad if it means the bottom percentile is living a higher quality of life than they would if there were less income inequality.

Everybody is equal in Uganda.

[Montegriffo]

“Whoever has will be given more, and they will have an abundance. Whoever does not have, even what they have will be taken from them.” Matthew 13:12