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Old 12-12-2020, 09:24 PM
Cassawary Cassawary is offline
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Default Capitalism breeds innovation

Workers riot at Wistron iPhone plant in India over shorted pay

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Sources told the report the unrest was caused through the workers not receiving the full pay they were told they would be receiving at the time of joining the company. One staff member alleged an engineering graduate was promised Rs 21,000 ($285) per month, but instead had Rs 16,000 ($217) at first, which then reduced down to Rs 12,000 ($163) in the last three months.

Other employees allegedly had it worse, with one non-engineering graduate's salary cut down to Rs 8,000 ($108), and some claiming to have been paid as little as Rs 500 ($6.78). The bad sentiment grew throughout the shift, erupting in violence by the early hours of the morning.
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Old 12-12-2020, 09:47 PM
imperiouskitten imperiouskitten is offline
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"We must pass the Great Filter" -elon musk
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Old 12-12-2020, 10:20 PM
douglas1999 douglas1999 is offline
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It literally does though, bad india thing notwithstanding.

And in any case, the alternatives certainly don't. See: all of world history
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Old 12-12-2020, 10:51 PM
Cassawary Cassawary is offline
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Originally Posted by douglas1999 [You must be logged in to view images. Log in or Register.]
It literally does though, bad india notwithstanding
Explain?
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Old 12-13-2020, 04:09 PM
Jimjam Jimjam is online now
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Originally Posted by Cassawary [You must be logged in to view images. Log in or Register.]
Explain?
All the great innovations of the past 60 years, things from NASA, the internet, medical RND, sat nav, etc come exclusively from the investment of private capital.
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Old 12-12-2020, 10:35 PM
indiscriminate_hater indiscriminate_hater is offline
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Universal income for all, incentives for none
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Old 12-12-2020, 10:42 PM
Topgunben Topgunben is offline
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We should do what Venezuela does. We will all lose weight while we are at it.
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Old 12-12-2020, 11:45 PM
HalflingSpergand HalflingSpergand is offline
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Captivity breeds ignorance
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Old 12-13-2020, 12:16 PM
Lune Lune is offline
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Never attribute to capitalism what should be attributed to culture.

Innovation would come from the West whether we were fully automated luxury gay space communism or 22 y/o young college Republican virgin who just read The Fountainhead for the first time anarcho-libertarianism.

Valuation of educational attainment, work ethic, ambition, social cohesion, civic duty, respect for the rule of law; it all comes from the set of behaviors, beliefs, and cognitions that are passed down through families and communities & amplified and modulated by national zeitgeist and a host of other factors. American ingenuity comes from our unique blend of individualism and Protestant ethic. Plus, you would have to be quite ignorant to even truly consider us capitalist (or Venezuela socialist, lol)-- corporations and oligarchs have always pulled the levers of our government and economy to minimize competition (just as they do in any mixed market system, but that's another discussion). This is also why unchecked immigration and multiculturalism without assimilation are so harmful, as the Dutch, Swedes, French, British, Belgians, Germans, and others have found.

The only true resource any country ever really has are its people.
Last edited by Lune; 12-13-2020 at 12:46 PM..
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Old 12-13-2020, 12:33 PM
Gwaihir Gwaihir is offline
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Quote:
Originally Posted by Lune [You must be logged in to view images. Log in or Register.]
Never attribute to capitalism what should be attributed to culture.

Innovation would come from the West whether we were fully automated luxury gay space communism or 22 y/o young college Republican virgin who just read The Fountainhead for the first time anarcho-libertarianism.

Valuation of educational attainment, work ethic, ambition, social cohesion, civic duty, respect for the rule of law; it all comes from the set of behaviors, beliefs, and cognitions that are passed down through families and communities & amplified and modulated by national zeitgeist and a host of other factors. American ingenuity comes from our unique blend of individualism and Protestant ethic. Plus, you would have to be quite ignorant to even truly consider us capitalist (or Venezuela socialist, lol)-- corporations and oligarchs have always pulled the levers of our government and economy to minimize competition (just as they do in any mixed market system, but that's another discussion). This is also why unchecked immigration and multiculturalism without assimilation are so harmful, as the Dutch, Swedes, French, British, Belgians, Germans, and others have found.

The only true resource any country ever really has is its people.
Amen brother
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