10-10-2013, 06:10 PM
(This post was last modified: 10-10-2013, 06:19 PM by specuvestor.)
(10-10-2013, 06:02 PM)freedom Wrote:(10-10-2013, 05:51 PM)specuvestor Wrote:(10-10-2013, 05:07 PM)freedom Wrote:(10-10-2013, 05:00 PM)Clement Wrote: Well in a democracy, that's how it works isn't it? Rich or poor get 1 vote, and the government should pursue the policies wanted by the majority. I don't see the need for economic growth to be sacred enough to override the system in place.
The rich do have the right to voice their concerns, they get to vote too (and a lot of other things but never mind that) but if their position scores less votes, then they just have to put up with it like everyone else.
The way you'd like it seems to be that you only get to vote if you pay taxes.
That's only fair, isn't it?
If you are going to spend my money, you'd better have me in the decision how you are going to spend my money.
The freeloaders, sorry, you have no right to how my money should be spent.
So... the directors of the companies you invest in seek your approval first?I can see a lot of ways companies can freeload on shareholders as well...
1 man 1 vote is democracy. 1 dollar 1 vote is capitalism. We have to think which one makes more sense.
In US, it is not 1 man 1 vote. It's also representative system similarly to the board of directors.
The US House Representatives don't seek the approval of people first, either. So what's your point?
I wonder where 1 dollar 1 vote is capitalism comes from? Any reference?
ya it is called a republic. They have "you in the decision" when they determine how to spend taxpayers money... by majority interest
Essentially capitalism is if you have more money you have more say... that's why 1 dollar 1 vote. And by your inferences to taxes, that seemed to be what you are saying... people who don't pay taxes have no say how it should be spent. And so SuperPac is right in your view because they probably pay more taxes than any individuals.
http://equilibrium-economicum.net/onedollar.htm
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)