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Why do the richest 10% own 85% of the worlds wealth? watch

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    Colonialism happened.
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    Because it's a lovely society, allowing the free movement of wealth. Anyone with the right luck, idea and determination can make it into the top chunk of the pyramid. In the Western world anyway.

    Why should they not have that money? Because some labourers are jealous of them when they're on £5.65 an hour? That's their own damn fault, and they should realise that. Just look at the likes of Alan Sugar. You can be a success no matter what your background. Capatalism rewards the thinkers, the high achievers and the best of our society. Admitedlly, their offsrping get headstarts, and their companies sometimes monopolise, but that is only a small problem. No, there is no problem with Capatalism. The problem is those on the bottom rung that see it as their right to have whatever their superiors have. If you want a 7 bedroom house and a Porsche, guess what? You have to excell. You can't expect to have it given to you. Equally, when someone does excell, why should they have that taken away from them to pay for those that don't?
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    (Original post by Steevee)
    Because it's a lovely society, allowing the free movement of wealth. Anyone with the right luck, idea and determination can make it into the top chunk of the pyramid. In the Western world anyway.
    What people object to is the amount of luck necessary to 'make it to the top' if you come from a worse background.
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    (Original post by Democracy)
    Because capitalism as an economic system relies on private ownership and running of business solely for profit, without any concern for worker's rights.

    This is in contrast to socialist or socialist libertarian systems e.g. cooperatives and workers councils where decisions are made democratically and any profit is shared between the workforce, as opposed to being concentrated within a top elite.

    Any institution which is privatised (i.e. being run by the minority for the benefit of the minority) is automatically undemocratic compared to an enterprise controlled by the majority i.e. its workers.
    Communism is just as autocratic as fascism. Maybe not in theory but in practice. And what you call 'democracy' sounds an awful lot like communism.

    And let me ask you this. This system you advertise, how come no party has successful stood for it elections. Surely that is indicative that the majority do not want such a system.
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    (Original post by danny111)
    Communism is just as autocratic as fascism. Maybe not in theory but in practice. And what you call 'democracy' sounds an awful lot like communism.

    And let me ask you this. This system you advertise, how come no party has successful stood for it elections. Surely that is indicative that the majority do not want such a system.
    C-C-China T-T-Tienanmen :cool:


    What?



    We never had this conversation :dry:
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    Because they are rich? Poor people need to accept that that's how life is and stop complaining and actually take initiatives to better themselves instead of begging for sympathy. Pathetic.
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    (Original post by darknessbehold)
    C-C-China T-T-Tienanmen :cool:


    What?



    We never had this conversation :dry:
    You are high, no?
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    The reasons are simple. Most people think they are better than everyone else and will be rich, or at least want the tiny possibility to exist. For this, they pay the price of living under capitalism, and just about all will remain in the poor 85% (or whatever it is).

    People are also fooled into thinking that anyone can get to the top, when in actual fact most have no chance from the start.

    Serves people right for their greed really.
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    (Original post by danny111)
    Communism is just as autocratic as fascism. Maybe not in theory but in practice.
    I wouldn't call the various state capitalist dictatorships that evolved in the 20th century anything resembling communism.

    Indeed, the cornerstone of scientific socialism or classical Marxism (not that Leninist crap) is democratic worker's control of enterprise, something that was absent in the USSR and so on.

    A capitalist system run by the state and not private corporations is still a capitalist system.

    And what you call 'democracy' sounds an awful lot like communism.
    "Democracy is the road to socialism" - Marx


    And let me ask you this. This system you advertise, how come no party has successful stood for it elections. Surely that is indicative that the majority do not want such a system.
    I'm not "advertising" anything.

    Well cooperatives have been put into practice, perhaps not in this country, but they have been implemented succesfully in Spain.

    As for what the majority do and don't want, what's that got to do with me? I'm presenting my opinion on the topic at hand, I'm not claiming to speak for anyone but myself. But the public are easily mislead (that is what tends to happen when the media is monopolised by capitalists)...indeed I do not think socialism will be implemented any time soon, and certainly not within my lifetime.
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    (Original post by MillerTraub)
    What people object to is the amount of luck necessary to 'make it to the top' if you come from a worse background.
    Well it's funny, but not everyone can be rich. Sad fact if the world I'm afraid. But I'd rather take my chances and try and be rich, rather than be confined to being a poor labour class always as the Communists would like to see.
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    (Original post by baffled_mathman)
    The reasons are simple. Most people think they are better than everyone else and will be rich, or at least want the tiny possibility to exist. For this, they pay the price of living under capitalism, and just about all will remain in the poor 85% (or whatever it is).

    People are also fooled into thinking that anyone can get to the top, when in actual fact most have no chance from the start.

    Serves people right for their greed really.
    What do you suggest people should do then?
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    A sad but true fact of life.
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    (Original post by Steevee)
    Well it's funny, but not everyone can be rich. Sad fact if the world I'm afraid. But I'd rather take my chances and try and be rich, rather than be confined to being a poor labour class always as the Communists would like to see.
    Rather proves what I said about greed being the cause of capitalism.
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    (Original post by Democracy)
    I wouldn't call the various state capitalist dictatorships that evolved in the 20th century anything resembling communism.

    Indeed, the cornerstone of scientific socialism or classical Marxism (not that Leninist crap) is democratic worker's control of enterprise, something that was absent in the USSR and so on.

    A capitalist system run by the state and not private corporations is still a capitalist system.



    "Democracy is the road to socialism" - Marx




    I'm not "advertising" anything.

    Well cooperatives have been put into practice, perhaps not in this country, but they have been implemented succesfully in Spain.

    As for what the majority do and don't want, what's that got to do with me? I'm presenting my opinion on the topic at hand, I'm not claiming to speak for anyone but myself. But the public are easily mislead (that is what tends to happen when the media is monopolised by capitalists)...indeed I do not think socialism will be implemented any time soon, and certainly not within my lifetime.
    No, my point about the majority is that surely if the majority decide not to want such a system, then that is a democratic decision.

    But it seems you have a different view on what 'democracy' should be. Which is fine, but I don't care too much about politics and ideologies to be able to debate this with you.
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    (Original post by Steevee)
    Well it's funny, but not everyone can be rich. Sad fact if the world I'm afraid. But I'd rather take my chances and try and be rich, rather than be confined to being a poor labour class always as the Communists would like to see.
    This. Communism brings everyone down to make them 'equal', instead of pushing the exceptional to achieve their potential.
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    (Original post by Steevee)
    Because it's a lovely society, allowing the free movement of wealth. Anyone with the right luck, idea and determination can make it into the top chunk of the pyramid. In the Western world anyway.

    Why should they not have that money? Because some labourers are jealous of them when they're on £5.65 an hour? That's their own damn fault, and they should realise that. Just look at the likes of Alan Sugar. You can be a success no matter what your background. Capatalism rewards the thinkers, the high achievers and the best of our society. Admitedlly, their offsrping get headstarts, and their companies sometimes monopolise, but that is only a small problem. No, there is no problem with Capatalism. The problem is those on the bottom rung that see it as their right to have whatever their superiors have. If you want a 7 bedroom house and a Porsche, guess what? You have to excell. You can't expect to have it given to you. Equally, when someone does excell, why should they have that taken away from them to pay for those that don't?
    Except, if the people on £5.95 didn't do their jobs, the people on £X would almost certainly die, they certainly would not get the amount they do. If the shelf stockers at Tesco don't stack the shelves, people can't buy the food, so the CEO doesn't get any money.

    Also, your point about working hard enough to get into the top % is naive. Today, someone born into a rich family is tens of times more likely to be rich/"successful" than someone born into a poor family.

    Always sort of makes me laugh when I hear people say things like "look at those chavs over there" when I can pretty much guarantee had they been born into the family those people were, they'd be the exact same as them.

    I'm not saying it never happens obviously, just that it's unlikely.
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    (Original post by gunmetalpanda)
    What do you suggest people should do then?
    Every country gets the government it deserves. People must accept it (thanks to the rich controlling the media, to a large extent). If people wanted to change things, they could. Once again, people ultimately get what they deserve.
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    Its name is Capitalism.
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    (Original post by baffled_mathman)
    Rather proves what I said about greed being the cause of capitalism.
    Comments like this make me laugh, because let's face it, everyone is 'greedy' and has self interests at heart. How many 'marxists' or socialists here would refuse a six figure salary? How many would be happy to give 80% of their annual income to charity? Or pay three times more for goods because they could afford to? I highly doubt many would. When it comes down to it, everyone wants to excell. It's human nature, and in fact it's animal nature too. Look in the animal kingdom; you have those on top and those on the bottom.
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    (Original post by .Ali.)
    This. Communism brings everyone down to make them 'equal', instead of pushing the exceptional to achieve their potential.
    Thins haven't started off equal, so how can you now judge people on a level field?
 
 
 
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