/biz/ - Business & Finance

>>11590063
i dnt have that picture but goods without governemnt interference became chaeper. but where government ist deregulated, like education, goods became more expensive.

>>11590063
>libertarians told me lower wages would be offset by cheaper goods.
it would be if it wasnt for the commie bailouts of the government and retarded keyniasm economics

>>11590086
>i dnt have that picture but goods without governemnt interference became chaeper

Yes, because the goods are produced in shithole countries. You literally cucked down your salaries so you could buy your shit cheaper from overseas. You just forgot that you can't produce everything overseas so those things are much more expensive now due to you cucking your salaries.

>>11590063
when the fuck did minimum wage go down?

It's almost like they lie so corporations and 1 percenters can get more at your expense.

>>11590140

>and the cost of living in the metro area where the job is located
so, clickbait

I shovel a huge pile of shit for 16 hours a day and get paid 50 cents. I blame unions and immigrants and government regulation. My boss desperately wants to pay me more, but unions and immigrants and regulations get in the way.

>>11590121
inflation you fucking retard

>>11590915
>he still pretends that economics is a science
It's all baseless propaganda m8. Economists can't even agree with each other on which propaganda they support.

>>11590063
Middle Class has become a retarded goddamn meme. IF you have shit tier wages and are making ends meet you're not fucking middle class.

Middle Class is when you have between 1-100 million dollars. Upper Class is over 100 million. There is a universe of difference between a billionaire and some boomer with a couple of million dollars in combined assets.

Don't be racist you have as many burritos as you want!

>>11592110
Inflation is caused by the fed

>>11590110
This.
>>11590915
All the faggots complaining about "muh corporations" and "muh 1 percent" are just economically illiterate useful idiot goyim. Yes, goy, in an era where government is larger as a function of GDP than it's ever been historically, the solution to our clown world economy is more socialism. :^)

>>11592326
Don't forget fractional reserve banks.
>store $1 in the bank
>bank gives out a loan for $10
>bank collects 5% interest on the $10 they made up
>inflated the money supply by $9
>still only gives you 0.1% interest on your original $1

>>11590110
>>11590915
>>11592412
spotted the shabbos goyim

>>11590110
Socialism for the rich, ancap for the poor

>>11590063
it's called a debt clock

>>11592431
>Calling someone against socialism, the most Jewish ideology of all time, a shabbos goyim.
Gee, I wonder who could be behind this post?

>>11592520
it's called capitalism

>>11592284
>Middle Class is when you have between 1-100 million dollars.
It's time to stop posting retard.

>>11590115
Pretty much this, the post-war american and european middle class were and still are being slowly dissolved to create one in Asia, the West has not won anything from globalization, people have begun to realize it that's why they are electing someone like Trump and trashing the lies of globalism, especially when not only the material conditions are worsening but there is a huge social decay mixed with a demographic replacement.

>>11592567
>(crony) capitalism*

FTFY

>>11592573
You must think a million dollars is a a lot of money
>>11592618
This is centre left Keynesian economics

>>11590063
>A big reason for the dearth of middle-class jobs is the offshoring of millions of middle-income factory positions to countries with lower labor costs, such as China, in recent decades and the spread of lower-paying service jobs
Well there ya go
If you treat the whole world altogether as one economy (through free trade agreements) then the distribution of jobs and /kinds/ of jobs will equalize across the world, even if it takes hundreds of years
This is why the Chinese now have a middle class, who have seen almost ALL of the world's economic growth for the last twenty five years

Also, being realistic, we can't simply keep up the relative economic growth and prosperity that we (America) had in the years right after WW2, it was simply a high point that people look back to, but on the other hand we don't have to live in poverty or a cyberpunk future


(To me it's a lot like the crypto bullrun in 2017, every new level of wealth achieved becomes the new floor that you worry about going below, even though you never expected to reach it in the first place)

>>11592539
He's not wrong in the fact that capitalism (= a merchant society) enabled jews to grab so much power in society.
Before the french revolution/industrial revolution, western society were divided in 3 castes that are as old as th firste indo-european societies: the warriors (aka aristocracy), the priests (aka clergy) and the producers (aka farmers and craftsmen).
International merchants (typically jews) were often considered outsiders and didn't have real power in society.

When modern capitalism began to really take a clear form then those people were extremely empowered, suddenly there were a shitton of specialized good produced and country were forced to exchange much more than they used to do.
In parallel the aristocracy was basically dismantled (as they were not really needed anymore to protect locals), rationalism made the clergy a meme in 2 century while industrialization/mechanization killed much of the artisans and farmers.
Today merchants rule and jews are the most skilled reason (for a very precise reason but I won't be talking about it in this post).

>>11592539
Is /pol/ actually this retarded? Who do you think owns the banks?

>>11592764
shareholders

>>11592778
And who are those people? I dare you to look up their backgrounds.

>>11592802
hedge and retirement funds?

>>11592696
A large part of the post war boom was linked to an Europe in ruins too and making it super easy for american products to capture the market.

That said americans always lived in abundance (being a semi-continent full of natural ressources and all) and probably live in the only country that would be able to live in autarchy right now while maintaining its economic complexity.

>>11592837
https://en.wikipedia.org/wiki/Carl_Icahn
https://en.wikipedia.org/wiki/Lloyd_Blankfein
https://en.wikipedia.org/wiki/Laurence_D._Fink

Cringe and bluepilled. Look up just about any investment banker and there is a 90+% chance they are jewish.

>>11592886
When /pol/ says "jews control the economy" what they really mean is that there are a lot of jewish executives in major banks

>>11590110
this. When a market needs to crash...it needs to fucking crash.

Take house prices. After 2008, homes should have lost more than 100% of their value, and their real valuation shouldve been down sub 100k for many middle class homes.

But when you pour gasoline on the market with very low interest rates, give banks a bail out, then guess who gets to own all the notes to the homes to cause an inventory crises of homes we're having today? Thats where we are.

True libertarianism for markets would be horrible crash but a very quick recovery to find a supply/demand equilibrium.

>>11592907
Gee, so then I wonder who is behind >>11590063. Really makes you think.
>hurr durr muh socialism

>>11592948
clearly he jews must be behind it

>>11592764
And who owned them during socialism?
kys faggot

>>11592979
>banks
>socialism
What's it like having an IQ of 50?

>>11593261
It's a lot easier to sell socialism to people when you don't actually call it socialism

That's basically our corporate crony capitalist system, the banks know that they will not be allowed to fail so they take risks, keep the profits when they turn out ok and subisidize the losses from their bad risks with socialist bailouts

>>11593305
Corporate taxes are the lowest they ever have been. You can't say that we're living under socialism just because capitalism isn't working.

>>11593402
You're missing the forest for the trees bro

Socialism is where the government and industry have merged, that is exactly what happened in 2008 with bailouts and will happen again in another recession. Our corporations have an implied safety net from our government. It hasn't been acknowledged as much the last few years because the economy has been strong and more overt socialist policies of bailout and subsidies haven't been necessary.

It's like people have the attention span of a goldfish baka

>>11593520
Whatever you want to try to claim our current system is, the reality is that our government has been taken over by corporations/big business and have been able to fuck over the American people freely (mostly via Republicans' policies, sorry, but this is the reality). Wages have been stagnating/declining for a very long time now, well over 20 years, so this isn't a recent development. And all the while corporate profits continue to increase exponentially and Republicans keep lowering taxes for big businesses and the ultra-wealthy. Republicans and Laissez-faire capitalists have proven for the world that trickle-down-economics is complete bullshit. Given the opportunity, corporations will do whatever they can to continue consolidating power, continue to stagnate/decrease wages, and continue to destroy the middle class for the sake of short-term profits they can show to stockholders. We've been watching this unfold now for a very long time. Can't believe I ever full for the bullshit "Republicans care about the middle class" meme.

>>11593520
doesn't know the definition of socialism

>>11593709
THIS. FUCKING THIS. Although I never fell for the Republican mean. Republicans are worse than Dems, and they're both trash parties also corporation owned. We need to fucking revolt. We need an entirely new economic system. We need to hold accountable the companies and banks who play without lives and happiness to fatten their pockets.
>Be big oil exec
>Fund studies to trick stupid people into believing climate change isn't real
>Studies are incredibly flawed, can't even get published in scientific journals because of how shit they are
>Dump a ton of money into PR for the studies
>Trick a bunch of idiots into believing climate change is fake and big oil is our savior for shining the light of truth
>Don't give any fucks about the fact that you're also making sure your lineage dies out because you literally only care about yourself and pathetically meaningless existence.

>>11593766
In usa democrats are not real democrats, that's why they were afraid of bernie winning over hillary. And many reps hate trump. It is a total mess and will end up in a civil war beause you are trying to control people for your own benefits

>>11592764
The banks are part of a govt-protected oligopoly, dumbass. They are poster children for rent-seeking socialist scum.
>>11593520
This guy gets it
>>11593709
Who is the view over there in Plato's cave?

>>11593814
*How is the view... fuck

>>11593814
corporations run the government through PAC money there simple jack

>>11593850
t. Great Sage at the summit of Mt. Stupid

>>11593880
how is it living a life of delusion? Do you wonder what it would be like to be smart and think for yourself sometimes?

>>11593897

>>11593919
still doesn't know the definition of socialism

>>11593952
>a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
>>11593520
>Socialism is where the government and industry have merged

Community and government generally mean the same thing in this context

lurk moar before trying to give a lecture on something you don't even know that you don't know anything about.

>>11594013
the absolute state

>>11594035
this one needs its algos updated

>>11594045
do you have anything besides memes sheep? you should study more and read 4chan less

>>11594079
fuck I actually thought you were serious for a minute

>>11592936
>should have lost more than 100% of their value
>lost more than 100% of their value
>lost more than 100%

The absolute state

>>11592936
>homes should have lost more than 100% of their value
The absolute state of /biz.

>>11592412
>Corporates are better than the government goy

Identical at this point retard. Literally the same entities functionally speaking. Imagine thinking we're living in an AnCap utopia, by your logic Feudalism was a golden age of free enterprise.

Lower wages are offset by cheaper goods. That’s great. Now how about we do something about the greedy jewish landlords.

>>11593520
What you are referring to is last stage capitalism. The 'winners' of the free market want to preserve their wealth even if it means undermining the very system that allowed them to flourish. If the masses at large choose not to hold their elected officials or media accountable then this is the result. MSM politics is nothing more than WWE storylines

>>11594817
*late stage
Anyways at this point its fucking over so who cares.

>>11594817
what is the 'late stage' socialism then? the one and only dictator holds all power and everything else collapses under violence and poverty?

https://www.youtube.com/watch?v=tcNAV-IiTDM