Posted on 01/17/2017 8:24:44 AM PST by RitchieAprile
I guess they didn’t include socialist countries
Even I have a hard time grasping and liking the laws of subjective value. It is sad, that boobs who lose money for corporations get paid tens or hundreds of millions of dollars. Or that some idiot actor or baseball player gets paid multiples of a doctor who saves lives. But thats life.
What I cannot grasp is countries, such as the Nordic ones, where wages are so tight. Why would you want to stop say being a general office clerk making $38,000 to be a supervisor getting paid say $40,000? Where is the incentive?
Porsches are not built in Bowling Green, KY. Porsche has no U.S. manufacturing.
Corvettes, on the other hand, are built in Bowling Green . . .
That’s the catch. There _are_ countries which have stabilized nicely at a comfortable level; sure they don’t have comparable poverty rates, but neither is there incentive to do a lot better. Expect the country to eventually stagnate into oblivion, most content where they are but the ambitious going elsewhere.
On that last note, someone should study the correlation between immigration vs inequality: sure we have a huge disparity of wealth, but we also have a huge number of people trying to get in here for a shot at that wealth.
Supply and demand.
Boobs who lose money for corporations still tend to bring in WAY more revenue than most anyone else would. Most people would crumble in days under the pressures of being a big-corporation CEO.
Idiot actors & baseball players get paid huge amounts because millions want to see the few dozen of them. Ex.: people are willing to pay $1 each to see Harrison Ford appear in Star Wars 7 ... easily making his $20,000,000 salary for that movie.
Life-saving doctors do great work, but there’s 854,698 of them to choose from - so you can shop around until their salaries come down to six figures. My doctor is great - and I’ve paid him thousands of dollars, but there’s only a few hundred patients paying him.
Economies of scale.
In my life time I have seen 4 Billion stories decrying to haves and havenots in EVIL capitalist dog America.
Not once have a seen an article mentioning that 3% of the population commit over 50% of the murders. Not once!
“The United States is one of the richest countries in the world.....”
____________________________________________________________________
WRONG! The U.S. is dead broke but NO ONE wants to admit it!
Thanks, but I really don't care where they are made or not made. That wasn't the point of the post I pasted here.
“Everyone is equally poor in many countries.”
Yep. Right there in the first sentence was the reason for the “inequality”.
“The trees were all kept equal
by hatchet, axe and saw.”
If you’re going to push a parable like that, get the basic facts straight. I agree with the idea, but it doesn’t take 2 minutes in the Age of the Internet to ascertain that Porsche doesn’t have a factory in Bowling Green. Nor a dealership, I’m sure. Closest is probably Nashvegas.
“If youre going to push a parable like that, get the basic facts straight.”
You said it. It is a parable - meant to teach a reality. It is not a true story.
If you’re using elements of reality in your parable, get the facts right. This isn’t that hard, isn’t asking much.
Parable: A parable is a succinct, didactic story, in prose or verse, which illustrates one or more instructive lessons or principles.
Facts are irrelevant beyond illustrating the principle.
Thanks though.
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