You took the decision of indebting yourself and having 4 kids, and now you are asking government and your company to take care of you. But the government takes care of you with the pockets of people who does not have necessary chance to get a house nor 4 children... but happens to have a good job. And on thing is sure, I don't want to finance your decision.
Lets imagine you live in ultra-libertarian country that doesn't support raising children at all. On its border there are socialist country that acts opposite. After few generations in former country you will see massive population drop combined with lack of young people, so nearby socialist country will have great incentive to simply wipe out your state having army larger by 2..5..10x! But in a free market, like I said people like that would destroy their company, maybe go to jail for contract breaching
Then you, libertarians, blame prisons for wasting tax money and urge to abolish imprisonment altogether! What non-sense in the age of internet, with incredible courses from coursera and udacity. (I won't say for area without internet) I wished I never have gone to school and that such sites were invented before.
I would be very surprised if you pointed me at least one example of hungry homeless child using Coursera or Udacity! And, also, part of the reason these area stay crappy, is, because of wages protection law. When you are in a crappy area, but can't hire people for your business because and you can't afford the wage, then you get in a situation where you have high demand but restricted supply and unemployment.
Most African and Asian countries have minimum wages set far below fair price of labor or don't have such laws at all. Nevertheless, these countries are much poorer than ones with such laws.
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With capitalism you have opportunities to climb the economic ladder if you are smart and work hard.
I am wondering, why still exist so naive believers in corporate propaganda!
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Govt-issued cryptocurrency is just another form of fiat money!
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To those who favor Socialism, please help me understand what the incentive is (under Socialism) for one person to produce more or better than their neighbor?
What incentivises people to participate in volunteer projects? To spend money on charity? Create open source software?!!!
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Unfortunately new Peerbet owner (casinobitco.in) is not interested in giving away free vouchers.
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@faiza1990, Daily Bitcoins have been up during last 2 days. May be you need to wait a little to load the page (the site can work slower during peak load times).
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The opposite of this is true as well. If you are born poor, but are smart then you will earn a lot of money with capialism.
There are more chances to win in a lottery than become rich for the poor now!
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There is no solution to poverty. we are not all equal, some people are smarter and more capable than others and will always be richer. socialism doesn't doesn't take people out of poverty, it drags the successful down to poverty.
It's plausible that people may be no fully equal, but history shows the Colt will equalize them all when too much concentration of wealth happens!
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what the heck.. I haven't claimed btc in previous hour interval, but I get: 'You have already received free Bitcoins! Come back later.'..
Try to delete cookies.
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The last 3 non-booby prize i "won" resulted in a booby prize. The site was working really fast each time and i submitted without delay. I think the problem is back and not so rare anymore.
Unfortunately this problem can happen during peak load times. The problem with synchronization cannot be solved completely using resources of the VPS which we can afford without going to loss!
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Same thing with Sputnik, since the material was provided by gov and not by trade. But the result is that the project belongs to gov.
In the USSR propaganda told these results belongs to all people (not the ruling elite). And most people believed in this!
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It doesn't matter in planned economy because both oil miners and it's consumers (refineries, chemical plants, gasoline stations) are owned by single body therefore there are no price mechanism at all! Ok and how are you getting the money to ask Iran or Irak to give you their petrol with a planned economy ? If they -Iran or Irak- control the supply, you will need to give more money to get petrol, money you can only have through the labor of your country. I mean only within the county or economic block of countries who agreed to be governed by single planning authority. As state need oil company runned by competent men. And competent men does not work when their incentives are robbed.
You have mentioned a widespread fallacy. Along with monetary incentives there are a lot of another ones which are not less efficient. BTW, read about USSR space program and how it's head engineer Sergey Korolev was motivated "non-monetarily". They have achieved launch of the first satellite (1957 Sputnik) and manned spaceflight (1961 Yuri Gagarin)!
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The war is run by the US, not by private companies.
Private companies had interest in this war and lobbied the US govt! And what happens when we enforce maximum good price below natural price ? A shortage. Government triggered a shortage of oil instead of price increase... Such government controlled artificial low price also protect oil against other energy alternatives.
It doesn't matter in planned economy because both oil miners and it's consumers (refineries, chemical plants, gasoline stations) are owned by single body therefore there are no price mechanism at all! Bitcoin will enable taxation to become mostly voluntary - charity beyond belief. Just... need... to... cross... the line.
About Bitcoin you are absolute right! But when tech unemployment will hit hard I foresee collapse of the large countries to small self-sustaining communities who will own almost all things necessary to live (cheap energy from efficient photovoltaics, multi-material 3D printers, recyclers, automated farms etc). Bitcoin will be used to buy luxuries and for trade between communities, so most people could live just for internal currency given by their community for various activities like education, environment improvement, child/eldery care etc ... or simply for nothing as unconditional basic income.
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Large U.S. oils companies never used coercion against me, and does not ask me to work for them if I don't want to.
If you live in the U.S., these wars may be even beneficial for you. However if so, people in the affected countries (Iraq, Libya, Syria etc) have all moral rights to call you their enemy along with U.S. govt and corporations!
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Some of my best friends still hunt and farm for their meat and eggs, and grow vegetable gardens for their vegetables. They'll spend some mornings on their boats fishing... while taking calls and photos on their iPhone. Technological efficiency in free market capitalism will make many of our current jobs obsolete, but people will keep finding ways to survive, create, and enjoy their life.
There is simply not enough land on the Earth to feed 7 billion people without modern technologies. So only a minority of people can downshift and live simpler life, but not >90% of "useless" population. As the concentration of power in the hand of few is not proved in a free market (quote me one company that ever got enough capital for mass scale coercion), it has been already been proved in democratic (and non democratic) government.
Large U.S. oil companies have significant influence on the government and many wars were ignited by them in last 20 years.
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Planned obsolescence is total reality now! For example, I have a 40 years old refrigerator still working in my house without a single failure, while modern models break down after 2-5 years of operation.
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Look at labor force participation rate instead of unemployment rate, it is getting worse in the US each year. Think twice (better thrice) before moving to this country!
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The best solution is Economic freedom and a system that encourages innovation and entrepreunariat and that is best achieve with a Free Market
After some point in the near future, the terms "innovation" and "free market" will be mutually exclusive!
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