alastantiger (OP)
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May 25, 2023, 10:17:05 PM |
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For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint? - https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884
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Wiwo
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May 25, 2023, 10:51:33 PM |
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The point is how much percentage in the Musk/space x wealth is owned by politicians who hide under the capitalist to start the stolen money, I am not accusing Musk of that but that is the regular practice in most countries around the world, capitalists are just figuring head since the government people are not allowed to own some level of properties or businesses, they hide under big companies or businessmen to invest under known companies with fake names to avoid traces.
So bro there are many sides to the story of all the fairytales of being rich and influential, it's a political game, where. The rich get richer and the poor get poorer.
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Sim_card
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May 25, 2023, 11:17:57 PM |
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Elon is a wealthy business man and will attract the government and politicians to him because everyone is looking for a way to either benefit from him or to use his influence to carry out their good or evil plans. The holy book will not mislead us and I believe that for every one penny that you give out from your heart,you will never lack it. On the other hand the government might be doing all these to encourage Elon in his generosity.
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PX-Z
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May 25, 2023, 11:26:28 PM |
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He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying.
Simply because the government benefits a lot from that kind of business. They get tax and they can get discounts from such business and they needed the spacex for their space projects, no more no less. Your example of businesses cannot be compared to other "small businesses". If you are talking to SMEs, i dont know if US have that kind of sellers, but they are lot of them here which is probably government helps them provide anything they can, smaller tax, promotions, and place to sell, sometimes cash assistance as well. So you can't say government doesn't help smaller business, not unless its not registered and business owner didn't approach the government to ask for assistance.
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dothebeats
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May 25, 2023, 11:44:19 PM |
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Maybe, just maybe, because the government believes they can utilize Musk's businesses to a certain extent. That's why they are supporting his businesses when he needs funding. Also, they know that Musk can generally get the money somewhere else through his assets so they can basically just give him whatever he wishes and it'll be at his doorstep when he wants to. There are a lot of perks when your business is literally a multi-billion dollar one with technologies that the government might be interested on. Also, these businesses failing might also translate to a lot of economic damage, so instead of letting it fail, the government can just go ahead and spend a little here and there to save it.
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Darker45
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May 26, 2023, 03:16:00 AM |
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This discrepancy isn't biblical. This probably isn't what the holy scriptures meant. The reality is that this is all about power and influence, not about whatever spiritual force there is in the world.
In my country, huge corporations are getting billions and billions of loans. It is very easy for them to borrow from both government and commercial banks, receive grants, even tax incentives and exemptions, and other special treatments. On the other hand, what are called MSMEs or Micro, Small, and Medium Enterprises are barely breathing. It's always a battle of survival for these small businesses. They're being preyed upon, abused, by lending sharks.
The reason? Far from biblical. It's as worldly as the lack of powerful connections and influence and grease money. They can't afford to donate millions during elections. They can't afford to give sports cars and whatnot as gifts. They can't call the president of the largest bank in the country.
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Helena Yu
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May 26, 2023, 03:58:05 AM |
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Because of capitalism society, this make most of people only want to follow and get close with a rich person. Ask yourself, if you have two friends and both of them are have a same characteristic, nice and want to help you, but the one is rich and another one is poor, which one you will choose? no doubt you will choose the rich because he can pay your foods, give an expensive gift for you etc.
The government get a benefit from rich people, they can earn more money through tax and get fame. Unlike poor people who're only asking money and not giving anything back for the government.
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Poker Player
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May 26, 2023, 04:22:43 AM |
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This discrepancy isn't biblical. This probably isn't what the holy scriptures meant. The reality is that this is all about power and influence, not about whatever spiritual force there is in the world.
I agree but apart from power and influence, governments provide facilities and tax incentives to those who create jobs and generate economic activity. This is very good for governments because then they collect taxes, which they like so much. So let's not think that the tax incentives given to Musk are given altruistically or because of the power he has. It is by giving those tax incentives that the government also ends up collecting, in the form of income tax from the employees of his companies, or VAT from the Teslas sold and things like that. Also, if Musk innovates with SpaceX, the government is spared from doing so.
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Die_empty
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May 26, 2023, 10:40:46 AM |
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For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint? - https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884Elon Musk is doing a job that the government should be doing. Historically it is the government that finances capital-intensive exploration or scientific research. The first American space adventure Project Mercury in 1958 was sponsored by the US government. But as entrepreneurs keep making advancements in technology, the government will always want to support them because it will benefit the country. The US wants to ensure that this project becomes a US brand and it will become a project that promotes national pride. Also , the government wants to secure these inventions to restrict these entrepreneurs from selling the idea or partnering with competing nations. Another reason is that these billionaires have the money to engage in partnership funding. The government might not want to totally fund a project so they like working with people that can afford to provide part of the project or investment cost.
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Ucy
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Compare rates on different exchanges & swap.
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May 26, 2023, 10:49:17 AM |
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That part of the scripture is actually about becoming profitable with the gift our CREATOR has given you. Better still, using the talents, knowledge or resources that have been given you to produce goods things for the benefit of society.
If You are not productive with the gifts they will be taken away. If you are productive more will be given.
Not a good idea to use the quote for the culture or standard of the world. Don't forget it's a dead world that can hardly produce any good thing or do good.. They need the true light to see and do right. The quote is meant for the Israelites or Christains.
* The World's culture isn't really fair. Small businesses that use their gift well will likely not get more gift unlike in the Kingdom of Light. They get more blessings or gifts as they continue to do right and grow
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Gallar
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May 26, 2023, 11:46:29 AM |
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Actually you look at all of that and compare it from the point of view of different conditions. Why do I say that. That's because almost all business people, and entrepreneurs who are already successful now, not a few have a dark past. But they didn't give up and kept fighting until finally they succeeded in achieving all their dreams. So what you mean is that those who only have a little capital tend not to be looked at by people or the government. Because the government or the general public must have seen the evidence first. It was only after that that a sense of trust emerged among the people and reached the government.
And when viewed from an economic perspective, there will definitely be a significant difference from what is called venture capital. So it is certain that those who have small capital will not develop as fast as those who have large capital. But do not rule out, even those who only have small capital will be able to develop quickly. Because you do not forget other factors besides money. Such as innovation, inspiration, fighting mentality, and totality in doing his job.
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killerfrost
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May 26, 2023, 11:57:12 AM |
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(...) Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?
not sure if I'm understanding the OP's question correctly about people's interest in something, the issue should be based on multiple perspectives and the fact that the value of the product (which has been and is being recognized) from someone) to compare the scale then I think it's easy to visualize. An example that you mentioned from Elon Musk, and I also know that to have such success, he also had to put in a lot of effort to get results, it is better to compare the process of they do not look at the current results to compare and argue without logic. As for the interest of small corporations or individuals, what is their difference in the competitive economic and technological environment or in many different fields?, I believe a product has a price Development values for people will always be received over time and vice versa.
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Aanuoluwatofunmi
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May 26, 2023, 12:32:32 PM |
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For whoever has, to him more will be given, and he will have I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Well, if you call it a discrepancy then so it is, there's also a saying that the more you have the more you will be given, those people are well know for standards and reputations, they have money and can not run away, which means they are reliable, they are people with an already background check run on them, the world cannot be balanced, there's what we call priority base on the entitlement each person holds, can you be served thesame meat with your governor in an occasion, he will be giving higher priority over you because of the political power he holds.
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irhact
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May 26, 2023, 12:39:17 PM |
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On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint?
If you have a good track record of success then people will be drawn to investing in your projects. You'll have access to funding that others can't get access to and your business will always receive high praises because you have laboured and made yourself successful in the past. Your business might not be the best in the sector it's operating but you'll always get the most profits. You can't trust someone that hasn't proven that he can be successful and betting on that individual is more riskier than betting on someone who has carry many companies into multi million companies. But to have this favor, you have to be offering something unique.
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demonica
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May 26, 2023, 03:19:33 PM |
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Well if you are rich and successful, other people would want to have a great relationship with you so they will try to offer or give you something that will benefit you. Because in return, it will also benefit them. That's how rich people maintain their power, by creating connections where both of you can benefit from each other. On the other hand, if you are nobody, you also have nothing to offer to others so they won't bother making great relationships with you. Aside from Musk and the government, it's happening to a lot of people and businesses as well. That's why social status matters a lot.
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livingfree
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May 26, 2023, 04:10:17 PM |
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There's the difference with your example and that's Elon Musk. The government will certainly support him because he's got a reputation and his companies have already proven track record and have been stable overtime.
But it's true, I do get the point with the verse that you've given and the other examples that those smaller companies receive smaller to no support because they're small or either new.
This isn't new because when a company or a person becomes successful, that's where opportunities will come to them at most times.
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teosanru
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May 26, 2023, 04:49:03 PM |
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For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint? - https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884I think bigger companies will always enjoy these benefits from government and there are multiple reason for this, first reason is that these big companies give big funding to Political parties which obviously helps them run their day to day affairs and election campaigns, then these major companies promise employement generation at a massive level through their factories so government can display that they have created so many jobs in their tenure. So it's basically a game of tit for tat. People who have something already also have the capability to offer things to someone else therefore continue getting incentives.
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bittraffic
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May 26, 2023, 05:05:39 PM |
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When you are wealthy you learn to make more money with your money. You don't even need bible to prove it right. Hundreds to thousands of people just pay corrupt officials of government agencies to buy a huge land area which these people also plans for the mining of minerals.
Elon is a military weapon developer as far as news websites are saying to which US government and his company has a contract. He sure will have more money even if the government defaults.
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m2017
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Playbet.io - Crypto Casino and Sportsbook
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May 26, 2023, 05:30:49 PM |
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For whoever has, to him more will be given, and he will have abundance - Matthew 13:12 NKJV I am not an economist or business expert, but I have observed that the quoted text from the Holy book holds true in real life. An example of this is Elon Musk. He possesses substantial wealth, investors, and other resources, yet the US government continues to provide funding for his companies, SpaceX and Tesla, while smaller struggling companies with limited funds receive little to no support. In fact, once the government becomes aware of your significant wealth, they tend to offer grants, subsidies, and even tax credits just as what Elon Musk's companies are enjoying. On the other hand, there are other individuals who run similar businesses but have limited financial resources and receive no government assistance. Why does this discrepancy exist? Can someone help me understand this statement from an economic standpoint? - https://qz.com/elon-musks-spacex-and-tesla-get-far-more-government-mon-1850332884You have definitely noticed that there are others who are engaged in a similar business, but remain out of their lot. Perhaps they can offer better solutions, but as you can see, no one helps them expand. Why are they worse than Elon Musk? I guess that's not the point at all. But what if the reason for this discrepancy is Elon Musk's personal connections in the government, thanks to which he manages to receive funding from the US government. These guys may have personal selfish interests to support Tesla and SpaceX. Could it be that these people have a good share of the shares of these companies? Maybe. All this remains at the level of speculation, but one thing is clear - there can be no talk of healthy competition.
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kaseygriffin
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May 26, 2023, 05:59:19 PM |
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They see great value in supporting ELON Mark businesses. He's a really good guy at making money; that's undeniable. The huge success of SpaceX and Tesla in areas like space exploration and sustainable energy. Such great values really move them and make them want to promote the partnership. That is what they want to do to benefit both parties rather than invest in a small business that has not really been successful and may also fail at any time, which causes economic damage and is undesirable.
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