The people who are hoarding food and sanitation supplies with the intention on selling it for a lot more money are doing the same as Wall Street. Investing in something cheap to sell it for a lot more is how people like Bill Gates and George Soros get rich. Giving handouts
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Replying to @nr1woman
Soros used a defect in the design of exchange rates of the British pound, he got is money directly from a central bank. Gates sold software. They are not the right examples.
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Replying to @Plinz
I thought Soros got in trouble for inside trading in France ? . Gates sold products for a lot of money while he paid 5 cents per hour to foreign workers to make them. Giving money to the same foreign workers makes him look good . Why not pay them more so they don’t need a ..
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Billionaire’s hand outs. It’s that wrong?
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I mean to get rich you have to take advantage of the system. You can do that in small portions or in millions. To me it’s the same. The millionaires are smarter yes but isn’t their intention the same and causes more problems than somebody who’s hoarding toilet paper or food?
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Replying to @nr1woman
Not necessarily. If you create a business that produces goods and services that people need, you are serving society. Capitalist societies offer a higher standard of living for a reason.
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Replying to @Plinz
I’m not against capitalism , I can’t stand hypocrisy. Making money from the poor to than act that you’er “giving it “ while they earned it is imo philanthropy in a nutshell.
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you can’t get rich without deciding that you want to get rich. It’s a mind frame. Why does anybody need 4 homes with 3 boats or 10 cars. To get that rich you have to be able to live with yourself while your worker are living in sheds. I think that’s why the left is so upset with
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the China tariffs fight. Most of them are wealthy bc they use cheap labor trough China . That’s not capitalism that’s using the slavery of a communist regime. I see it . I wish I could unsee it. I used to be a pacifistic socialist. Bc of My European education. So I understand the
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Replying to @nr1woman
China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015. China has used the globalization to industrialize itself, and basically eradicate its poverty.
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I used to think in the same way as you! But I have lived in East Germany, and witnessed how everybody's standard of living increased after the wall came down. Eastern Germany had much higher equality and social justice. But it could not get its economy to work.
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Replying to @Plinz
I know I witnessed the fall of the wall and have seen the comparisons. Is that bc that system doesn’t work or that there are still a small percent who are hoarding all the money? I have lost my faith in humanity .. Not the in the regular hard working people but in any systematic
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Replying to @nr1woman
The problem in East Germany was not the supply of money. It had its own currency, it could just print more. The problem was that you could not buy very much with it, because nobody was incentivized to produce.
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