Bernie's $97 trillion

1. 2020-02-25 at 7:26 PM UTC

   #41
   

   -SpectraL coward [the spuriously bluish-lilac bushman]

   Originally posted by Obbe I think the value of your labour is determined by what your labour produces. If you produce 1 loaf of bread a day, your labour that day is worth 1 loaf. If you make 60 loafs a day, your labour that day is worth 60 loafs.

   
   But the actual model is supply and demand, not labor.
2. 2020-02-25 at 7:26 PM UTC

   #42
   The Self Taught Man Black Hole

   Originally posted by -SpectraL But the actual model is supply and demand, not labor.

   
   Yeah, supply and demand for labor idiot.
   
   The adults are speaking
3. 2020-02-25 at 7:28 PM UTC

   #43
   

   vindicktive vinny Black Hole

   Originally posted by -SpectraL But the actual model is supply and demand, not labor.

   
   like i said, supply and demand can be distorted.
4. 2020-02-25 at 7:29 PM UTC

   #44
   

   -SpectraL coward [the spuriously bluish-lilac bushman]
   In today's market, it doesn't matter what your cost, and it doesn't matter what your value is. The only thing that matters is exploitation.
5. 2020-02-25 at 7:31 PM UTC

   #45
   

   vindicktive vinny Black Hole

   Originally posted by -SpectraL In today's market, it doesn't matter what your cost, and it doesn't matter what your value is. The only thing that matters is exploitation.

   
   whats the treshold before something becomes exploitation.
6. 2020-02-25 at 7:32 PM UTC

   #46
   

   -SpectraL coward [the spuriously bluish-lilac bushman]

   Originally posted by vindicktive vinny whats the treshold before something becomes exploitation.

   
   It's a slippery slope.
7. 2020-02-25 at 7:44 PM UTC

   #47
   

   Obbe Alan What? [annoy my right-angled speediness]

   Originally posted by vindicktive vinny whats the treshold before something becomes exploitation.

   
   I think when single person is capable of amassing a wealth so ridiculously large that they couldn't even spend it, there must be some exploitation going on.
   The following users say it would be alright if the author of this post didn't die in a fire!

   • Trumpenreich
8. 2020-02-25 at 7:46 PM UTC

   #48
   

   -SpectraL coward [the spuriously bluish-lilac bushman]
   I'd just make a law that states no person can sell anything with a pricetag of twice more than it cost them to provide, and force them to provide proof of cost, and if they do charge more, jail. Problem solved.
9. 2020-02-25 at 7:56 PM UTC

   #49
   

   vindicktive vinny Black Hole

   Originally posted by Obbe I think when single person is capable of amassing a wealth so ridiculously large that they couldn't even spend it, there must be some exploitation going on.

   
   thats just like calling people witches because you dont understand what they do.
10. 2020-02-25 at 7:57 PM UTC

    #50
    

    vindicktive vinny Black Hole

    Originally posted by -SpectraL It's a slippery slope.

    
    i didmt ask asked for a description of how it is.
11. 2020-02-25 at 8 PM UTC

    #51
    

    Obbe Alan What? [annoy my right-angled speediness]

    Originally posted by vindicktive vinny thats just like calling people witches because you dont understand what they do.

    
    I am willing to listen to you explain how Jeff Bezos earns his wealth.
12. 2020-02-25 at 8:02 PM UTC

    #52
    The Self Taught Man Black Hole
    Amazon is valued at over a trillion dollars. He owns a significant portion of that from back when it was worthless.
    
    There, explained
13. 2020-02-25 at 8:06 PM UTC

    #53
    

    vindicktive vinny Black Hole

    Originally posted by Obbe I am willing to listen to you explain how Jeff Bezos earns his wealth.

    
    jedi shenanigans.
    
    buy low. sell high.
    
    repeat six million times.
    
    the made in china shit he sells actually costs as little as 1/100 the price he sold them to americans.
    
    while iphone costs like less than 1/10 the price they're sold.
14. 2020-02-25 at 8:07 PM UTC

    #54
    

    vindicktive vinny Black Hole

    Originally posted by Fox Amazon is valued at over a trillion dollars. He owns a significant portion of that from back when it was worthless.
    
    There, explained

    
    those are paper wealth.
15. 2020-02-25 at 8:17 PM UTC

    #55
    

    -SpectraL coward [the spuriously bluish-lilac bushman]

    Originally posted by vindicktive vinny i didmt ask asked for a description of how it is.

    
    Well, that's how it really is. There's no way to regulate an edge that is constantly shifting and changing. That's why I say there should be a law which regulates the maximum price an item can be charged. Simple fix, and it's something which can be evenly identified and enforced with very little interaction.
16. 2020-02-25 at 8:20 PM UTC

    #56
    

    Obbe Alan What? [annoy my right-angled speediness]

    Originally posted by Fox Amazon is valued at over a trillion dollars. He owns a significant portion of that from back when it was worthless.
    
    There, explained

    
    The credit for Amazon’s success cannot go solely to Bezos. As the second largest private employer in the United States, there are a lot of workers making important contributions. Many of the people who are essential to delivering on the promise of great prices, reliability, and speedy delivery that Amazon’s brand is built on aren’t even included in that number. They’re independent contractors and seasonal workers who get paid little, but without whom the company would be lost. And they make less in a year than the estimated $36,000 Bezos earns every minute.
17. 2020-02-25 at 8:21 PM UTC

    #57
    The Self Taught Man Black Hole

    Originally posted by -SpectraL That's why I say there should be a law which regulates the maximum price an item can be charged. Simple fix, and it's something which can be evenly identified and enforced with very little interaction.

    
    I’ll just leave this here
    
    

    so·​cial·​ism | ˈsō-shə-ˌli-zəm
    
    any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

18. 2020-02-25 at 8:24 PM UTC

    #58
    

    vindicktive vinny Black Hole

    Originally posted by -SpectraL Well, that's how it really is. There's no way to regulate an edge that is constantly shifting and changing. That's why I say there should be a law which regulates the maximum price an item can be charged. Simple fix, and it's something which can be evenly identified and enforced with very little interaction.

    
    and in order to set the maximum price of items we must first determine the price of labor.
19. 2020-02-25 at 8:24 PM UTC

    #59
    

    -SpectraL coward [the spuriously bluish-lilac bushman]

    Originally posted by Fox I’ll just leave this here

    
    Some faucets of socialism/communism are actually logical and correct. The lowest common denominator is the greed. The money is the root of all evil. Follow the money. If you tie the cost of a product to how much it can be sold for, that mostly eliminates the capability of greed.
20. 2020-02-25 at 8:25 PM UTC

    #60
    

    vindicktive vinny Black Hole

    Originally posted by Obbe The credit for Amazon’s success cannot go solely to Bezos. As the second largest private employer in the United States, there are a lot of workers making important contributions. Many of the people who are essential to delivering on the promise of great prices, reliability, and speedy delivery that Amazon’s brand is built on aren’t even included in that number. They’re independent contractors and seasonal workers who get paid little, but without whom the company would be lost. And they make less in a year than the estimated $36,000 Bezos earns every minute.

    
    so how much should those contractors make ?