On 03/28/2015 03:25 AM, jason_gre...@yahoo.com [FairfieldLife] wrote:
Bhairitu, you are plain nuts. To solve a problem, one has to
look at the root of the problem. For some peculiar reason,
you are refusing to address this.
Must be the pot calling the kettle black? :-D
You keep putting the blame on capitalism, when the real
villain is consumerism. You can easily defeat consumerism
with a simple progressive consumption tax regime.
How do you define capitalism then? Are you confusing it with free
enterprise? My POV is not much different from a number scholars on the
subject. I'm also preaching to the majority choir on FFL.
This idea deserves to be sold. All radical ideas need some
selling the beginning because mind has a tendency to become
dogmatic. I wonder why you reject this idea? The peoples
party in Norway get 90% of its income from the government.
What Norway is doing is probably because there are fewer and fewer jobs
that need to be filled. This is also happening in the good ol' USA.
It's time to pay everyone a yearly stipend. Paying for it has even been
worked out. Switzerland is doing it. The idea was even floated back in
the Nixon era. "Money for nothing"? That's a good definition of capitalism.
A lot of indians try to invest in US itself.
I'm sure there are some that do.
The Chinese on
the other hand, dutifuly send money home.
And buy houses cash in the US like the one I sold in 2013. A Chinese
buyer for this house would make things easy for me. My nephew just sold
his house cash and actually is moving into a rental that costs less than
his house payments yet is larger. He's lucky at his age (59) that he
is able to still work and actually was semi-employed at his dad's
company until recently when a tech company found they could use his
particular skills.
I was in kerala in 1998. It became really bad in the early
2000's. Kerala was known for 'general public strikes' called
"bandhs". Even in the 80's it was difficult for private
businesses. Old timers tell me that things were very
different in the 1950's and 60's. It was far more
self-sufficient.
I recall the taxi driver taking us from Kovalum Beach to the Backwater
Boat ride complaining about "the rich." I shrunk down in my seat
because my Indian standards I was "rich" at the time. But I felt he was
correct about what he said. You can't let people push you around just
because they are wealthy. That's why the US was formed in the first place.
On 03/27/2015 01:43 PM, jason_green2@... <mailto:jason_green2@...>
[FairfieldLife] wrote:
Actually, this is an old issue. Remember Standard Oil which
was broken into 6 companies. Artifically big banks can be
broken into manageable units.
--- <noozguru@...> wrote :
Mergers and acquisitions are a craze in the business community. When
our company went public we were "encouraged" to buy some smaller
companies. Big mistake as we were having problems managing our
company as it was. Then there was the "blues" of the people who
worked in the smaller company who didn't want the owner to sell out
and liked working there as it was.
IBM tends to spin off successful units as they did with Lexmark and
Lenovo. That probably was because of an anti-trust suit against them
years ago.
When you merge a company duplicate positions in the acquired company
get laid off. So it creates more unemployment.
The big banks are out of control and malicious. Try arguing with
their case workers as I did for a mistake *they* made.
Kerala at one stage had become so moribund, even rice had to
be imported from neighboring provinces. Only after the
unruly unions were reined in, things began to get better
again.
--- <noozguru@...> wrote :
When was this? I was there in 1996.
Indians in US send no shit home. Remitances from the
middle-east give kerala a financial flexibility.
--- <noozguru@...> wrote :
Really? I know Indians that send money home.
I think I told you a hundred times that the political
funding issue needs to be sorted out first. First things
first.
--- <noozguru@...> wrote :
You can tell me all you want but I won't buy what you're selling. :-D
It was the East India company that wrecked india from 1757
to 1857. The british govt took over in 1857, but it was too
late.
--- <noozguru@...> wrote :
East India Company was a British company. The same one our founding
fathers rebelled against.
--- <noozguru@...> <mailto:noozguru@...> wrote :
You so don't understand. I'm not advocating socialism just
condemning lassiez-faire capitalism or "capitalists gone wild!"
Surely you don't think that "too big to fail" banks are a good thing,
do you? Or have you been brainwashed by some business school
bullshit, perhaps MUM economics?
And what did you think of Kerala when you were there? :-D
BTW, lots of Indians works all over the world and send money back
home. India was under foreign domination for centuries and when they
got the country back the fascists took over. They're still trying to
sort that out. The country is too big and needs to be more state
thus regionally focused. It's still run by oligarchs.
