From: jmfbahciv on
In article <ek5cn4$t07$6(a)blue.rahul.net>,
kensmith(a)green.rahul.net (Ken Smith) wrote:
>In article <ba10e$4565827a$4fe7682$23596(a)DIALUPUSA.NET>,
>unsettled <unsettled(a)nonsense.com> wrote:
<snip>

>
>>> The person gets a days pay but produces nothing as a
>>> result. That person will consume things from the economy but not add any
>>> goods or services to it. So in effect that person has destroyed a bit of
>>> wealth.
>>
>>They consumed, but the money, representing wealth, has passed
>>through.
>
>No, we now have the same amount of money in the system chasing a reduced
>amount of goods and services. The money still exists but something got
>consumed and nothing got created to replace it.

I suspected that you had the above assumption. There is not
a constant amount of money in the world. The amount is a variable.
This flaw in your assumption is at the root of a lot of your
incorrect conclusions about how finance, economies, and business works.

<snip>

/BAH
From: Eeyore on


jmfbahciv(a)aol.com wrote:

> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >unsettled wrote:
> >> Ken Smith wrote:
> >> > Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >> >
> >> >>How many communist economies exist worldwide ?
> >> >
> >> >
> >> > Zero if you round off to the nearest whole number.
> >>
> >> Maggot brain misspeaks again. China, Cuba, North Korea,
> >> and VietNam spring immediately to mind.
> >
> >You think China is communist ?
>
> Yes. They have developed their unique form of Communism.
> It is interesting to watch when they mix a little bit
> of capitalism in certain areas.

Little bit ????

It can't be communism if they encorage capitalism can it ?

Graham

From: Eeyore on


jmfbahciv(a)aol.com wrote:

> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >jmfbahciv(a)aol.com wrote:
> >
> >> I'm told
> >> that a successful socialist economy is in Sweden. I have to study
> >> that.
> >
> >It's called social democracy.
>
> I know. The fact that the word democracy has to be included gives
> me a slight warning.

And your fear of democracy doesn't surprise me.

Graham

From: Eeyore on


jmfbahciv(a)aol.com wrote:

> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
> >jmfbahciv(a)aol.com wrote:
> >
> >> I'm told
> >> that a successful socialist economy is in Sweden. I have to study
> >> that.
> >
> >It's called social democracy.
>
> I know. The fact that the word democracy has to be included gives
> me a slight warning.
>
> > All of the European 'lbour' parties embrace the
> >concept more or less.
>
> Yes and that's a serious problem when independent thinking
> and action is required.

I beg your pardon. Do please explain what you mean.


> >http://en.wikipedia.org/wiki/Social_democracy
> >
> >" The prime example of social democracy is Sweden, which prospered
> considerably
> >in the 1990s and 2000s [1]. Sweden has produced a strong economy from sole
> >proprietorships up through to multinationals (e.g., Saab, Ikea, and
> Ericsson),
> >while maintaining one of the longest life expectancies in the world, low
> >unemployment, inflation, infant mortality, national debt, and cost of living,
> >all while registering sizable economic growth. "
>
> What bothers me about this is that there is only a few companies.

Only a few companies. Whatever are you talking about ? You've gone right off the
rails again.


> There are many ways to measure cost of living. If they included
> all the taxes it would be very high.

Eh ? You mean income tax presumably ? Sweden's taxation isn't significantly higher
than theEuropean norm AIUI.

Graham

From: Eeyore on


jmfbahciv(a)aol.com wrote:

> Socialism does get communistic if the administration covers a
> large geographic and/or population density. There isn't any
> other way to "control" renegades who don't like to be told
> what to do all the time.

What nonsense is this now ?

Where *do* you get these ideas ?

Graham