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About China...... (Read 140 times)
LostArtist
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Re: About China......
Reply #15 - 07/23/18 at 11:22:51
 
raydawg wrote on 07/21/18 at 18:26:25:
Good read......
Knowing now how Trump has used trade as a issue, it seems to parallel the information in that article.

Read what Kissinger said re: Asia.
America will awaken after its too late.

Asia is hungry, the people, they will work 24/7 and be happy for the opportunity, chance.

Is it capitalism coming back to bite the USA because we lost our focus on what work ethics were all about?



yes, capitalism in America devalued work, work became an expense, not value added. globalization and automation finalized that. and now we are trying to punish those that "helped" our companies...  Our companies made a choice to screw Americans in the name of "free market capitalism"
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LostArtist
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Re: About China......
Reply #16 - 07/23/18 at 11:30:18
 
[quote author=20332B36332535520 link=1532188198/0#8 date=1532297267]Oh indeed, a byproduct of capitalism is greed.


--

no, the motivation for capitalism is greed, it's not a byproduct, it's the PROFIT MOTIVE that drives capitalism. our human ethics and values are often counter to the purity of the math that drives capitalism
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LostArtist
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Re: About China......
Reply #17 - 07/23/18 at 11:38:30
 
WebsterMark wrote on 07/23/18 at 05:35:37:
Oh indeed, a byproduct of capitalism is greed.

Maybe, maybe not, but certainly byproducts of capitalism are  better living conditions, longer life and a  cleaner environment.

you do understand what a byproduct is right? it's not the intention of the product.  now imagine if we had a system where those things WERE the intention.... (maybe it'd be a failiure, or maybe it'd be better, people can't get through the "blasphemy" of questioning this "free market capitalism" GOD we have)

When prices restrict young families from “putting down roots” in the name of “profit” we lose something way more valuable.
Again, maybe, maybe not. I'm leaning towards maybe, but have to consider that maybe not is an option.

One thing is true, the price of almost every single item goes down over time.... with certain key exceptions. Real estate, taxes and college education are the three biggest exceptions I can think of.  In the US, healthcare insurance cost has also increased. Interestingly, other insurance cost like property and causality have decrease).

What other good or service has increased in cost?


have you taken inflation in account here??  cause it really depends on how you look at things, cars cost more today as a percentage of income than ever. If you are going to make this argument, you need to take inflation and the stagnation of our incomes in perspective somehow as well.
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Re: About China......
Reply #18 - 07/23/18 at 12:31:39
 
raydawg wrote on 07/22/18 at 15:07:47:
Oh indeed, a byproduct of capitalism is greed.


I cast no stones, as my house is of glass, but I would greatly welcome a restriction on the profit folks can get on the sale of homes.



So there is an aspiring socialist in you  Cool
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raydawg
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Re: About China......
Reply #19 - 07/23/18 at 13:08:59
 
faffi wrote on 07/23/18 at 12:31:39:
raydawg wrote on 07/22/18 at 15:07:47:
Oh indeed, a byproduct of capitalism is greed.


I cast no stones, as my house is of glass, but I would greatly welcome a restriction on the profit folks can get on the sale of homes.



So there is an aspiring socialist in you  Cool



Labels serve no one, I believe it was a attempt at levity...
But in reality, labels have been used as tools to divide and stymie dialogue.
It is lazy intellect, and removes honest critical exposure to our ideas and beliefs.
Two can come to a agreement, of not agreeing, and be better for it, as it might reveal the truth of their convictions, which will allow and invite honest challenges to them (beliefs)....
A win, win, no “loser” with that scenario.
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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faffi
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Re: About China......
Reply #20 - 07/23/18 at 13:17:20
 
For what it's worth, I meant it as a compliment  Wink
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raydawg
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Re: About China......
Reply #21 - 07/23/18 at 13:36:34
 
faffi wrote on 07/23/18 at 13:17:20:
For what it's worth, I meant it as a compliment  Wink


i believe you  Smiley
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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Re: About China......
Reply #22 - 07/23/18 at 17:33:41
 
cars cost more today as a percentage of income than ever.

No, they do not. They cost dramatically less.
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Re: About China......
Reply #23 - 07/23/18 at 18:37:33
 
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Eegore
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Re: About China......
Reply #24 - 07/23/18 at 20:22:03
 

 Simon's research was about commodities, was automobiles in there and I missed it?
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Re: About China......
Reply #25 - 07/24/18 at 03:39:00
 
In the context i was replying to Ray about, cars are commodities.
But i'll find specific research on car prices tonight and post it. i saw a great report not long ago show number of  hours worked required to pay for car over past 75 years.
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Re: About China......
Reply #26 - 07/24/18 at 05:32:00
 
 That would be interesting to read.  I've had a few older rides over the years, I currently drive a 1960 Cadillac Convertible and new it was around $7,400.  I never did the national average wage conversion for that year.
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LostArtist
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Re: About China......
Reply #27 - 07/24/18 at 09:43:45
 
WebsterMark wrote on 07/23/18 at 17:33:41:
cars cost more today as a percentage of income than ever.

No, they do not. They cost dramatically less.



yes, they do.. here's the math:


https://www.hemmings.com/blog/2014/03/07/have-cars-really-grown-more-expensiv...




now, cars today do have a TON more things in them, things that weren't even imagined in the past, so that's part of it.

but in NO WAY, do they cost "dramatically less" .


other links proving my point or expanding on the subject

https://www.theglobeandmail.com/globe-investor/personal-finance/2012-vs-1984-...

https://www.cnbc.com/2018/04/17/how-much-more-expensive-life-is-today-than-it...


in this chart, the second column is that 1938 price adjusted for inflation and the last column is what it was actually priced in 2013

http://www.mybudget360.com/cost-of-living-1938-to-2015-inflation-history-cost...

here's a Washington Post article supporting Web
https://www.washingtonpost.com/cars/have-cars-actually-gotten-more-expensive-...

But, keep in mind that wages and salaries have been more or less stagnant for the last 30 years or so



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