Capitalist Corruption

Remove this Banner Ad

Gough

Moderator
Sep 29, 2006
59,204
106,736
AFL Club
Hawthorn
this is offensive.

I didn't disagree with you. Rather I called out your false statements and asked you to back them up.

You posted references that did not support your statements and after correcting you, you persisted. That is when I thought you were posting drunk or drugged. There is no doubt I was not subtle in asking if you were OK, as I truly believed you were on drugs.

Please stop making false statements regarding "poverty" as mental health is not an excuse.
There's an arrogance that you've never quite managed to justify that assumes there's something wrong with anyone that disagrees with you.
 

Power Raid

TheBrownDog
Oct 15, 2004
73,558
64,135
West Perth
AFL Club
Port Adelaide
Other Teams
Fremantle
There's an arrogance that you've never quite managed to justify that assumes there's something wrong with anyone that disagrees with you.

Let’s get this clear. CM isn’t disagreeing here, he’s posting false and malicious statements.
 

Seeds

Hall of Famer
Sep 15, 2007
45,188
40,942
I don't know
AFL Club
Geelong
There's an arrogance that you've never quite managed to justify that assumes there's something wrong with anyone that disagrees with you.
What's wrong with arrogance?

I believe anti Vaxer's, Trump supporters and most western educated religious people are simple because their logical conclusions or lack thereof implies this to be true. Is there something wrong with that?
 

Log in to remove this ad.

CM86

Anindilyakwa
Sep 21, 2009
14,409
12,784
AFL Club
St Kilda
There's an arrogance that you've never quite managed to justify that assumes there's something wrong with anyone that disagrees with you.
They're method acting.

This is their virtual reality.
 

CM86

Anindilyakwa
Sep 21, 2009
14,409
12,784
AFL Club
St Kilda
To try and get this thread back on topic, a little.


This is a deep and interesting position on capitalism and what IS exploitation (and its relationship to capitalism).
Good for a listen in the background.


 

CM86

Anindilyakwa
Sep 21, 2009
14,409
12,784
AFL Club
St Kilda
Accusing people with a different opinion to you of being stoned or mentally unwell is nowhere near as clever as you think it is.
Plenty of posters like you. Plenty of posters dislike you. It's the same for everyone.


A few posters hate you. And then look for reasons to justify their hate, without showing their bigotry.
 

nut

Brownlow Medallist
Mar 16, 2002
18,126
8,834
AFL Club
Richmond
Other Teams
Richmond
To try and get this thread back on topic, a little.


This is a deep and interesting position on capitalism and what IS exploitation (and its relationship to capitalism).
Good for a listen in the background.




That was a good summary ….


There are so many triggers that capitalism uses to prevent workers gaining a fair share now…

Especially the way extra capital in the form of money is created through privately owned banks and how tax payers and workers have to foot the bill when things go wrong is criminal.

There is very little risk for capitalists in the current economic system…
 

pugsville

Club Legend
Nov 28, 2001
2,153
1,431
leningrad
AFL Club
Collingwood
Other Teams
collingwood
Limited liability Companies. Privatize the profits, socialize the loses.

Capitalism the framework which makes entrepreneurs to make a bet where they get the profits but society will wear the losses.

It also allows corporations to set up fall guy companies that have no assets but are legally responsible if anything bad happens, but some other entity will get all the profits, but none of the risk.

End Limited liability companies, End companies owning and controlling other companies. Direct simple lines of responsibility. If you take the profit you should be liability for the loses. Each and every shareholder should be accountable for the losses of the company. If you takle the process you should be liable for the losses.

The Ability to take profits and make money secure that others will have to play for your losses is fundamentally corrupt.
 

Power Raid

TheBrownDog
Oct 15, 2004
73,558
64,135
West Perth
AFL Club
Port Adelaide
Other Teams
Fremantle
Limited liability Companies. Privatize the profits, socialize the loses.

Capitalism the framework which makes entrepreneurs to make a bet where they get the profits but society will wear the losses.

It also allows corporations to set up fall guy companies that have no assets but are legally responsible if anything bad happens, but some other entity will get all the profits, but none of the risk.

End Limited liability companies, End companies owning and controlling other companies. Direct simple lines of responsibility. If you take the profit you should be liability for the loses. Each and every shareholder should be accountable for the losses of the company. If you takle the process you should be liable for the losses.

The Ability to take profits and make money secure that others will have to play for your losses is fundamentally corrupt.

pugs, this is not how or why or what limited liability companies are

if a bank loans money to a bank or a company, they get a return. this return can be a set interest rate, a royalty, an equity kicker or even 100% of the profits. Should a loan provider be responsible for losses, given they don't have control over management, operations or day to day decisions?

Limited liability companies don't socialise the losses. Limited liability (which includes Pty Ltd) simply means there is no further call on shareholders for capital. No different to a bank not having to provide more capital.

What is your thoughts on No Liability companies?

Corporations "set up a fall guy" is an issue for dodgy operators but this has finally been recognised and the courts look back and through in these circumstances.


f you take a step back, the concept of a limited liability company is an important one for society and allowed the emergence of middle class.
 

pugsville

Club Legend
Nov 28, 2001
2,153
1,431
leningrad
AFL Club
Collingwood
Other Teams
collingwood
pugs, this is not how or why or what limited liability companies are

if a bank loans money to a bank or a company, they get a return. this return can be a set interest rate, a royalty, an equity kicker or even 100% of the profits. Should a loan provider be responsible for losses, given they don't have control over management, operations or day to day decisions?

Limited liability companies don't socialise the losses.

Corporations "set up a fall guy" is an issue for dodgy operators but this has finally been recognised and the courts look back and through in these circumstances.

Loans are loans not investments or ownership, do not raise smoke screens and irrelevances. limited liability shields the owners for full responsibility of the losses of a company. It does not limit their profits.

Limited liability passes losses onto society rather than the owners.

Courts have no ended dodgy bunsiness practices which remain quite successful, complex structures more liabilities, and taxes all the time. Successfuly in the main. Corouts and laws have attempted to reduce this, but to claim they have been sucessful in supressing these practices is simply not true.
 

CM86

Anindilyakwa
Sep 21, 2009
14,409
12,784
AFL Club
St Kilda
https://www.news.com.au/national/co...s/news-story/9526373e261a44fba35f32cab71e2d2e

A child in the Philippines who a former Greens candidate paid to engage in vile sexual acts, which he directed live on video calls​
“(He) manipulated and used her vulnerability to satisfy his own pathetic and disgraceful sexual desires,” she told the court in her judgment.​
She said he would have been aware of the “polar extremes of his own privileged life and a younger child he is giving money to”.​
Doig had previously pleaded guilty to procuring a child for sexual activity outside Australia, using a carriage service to transmit sexual abuse material of a child outside Australia, engaging in the persistent sexual abuse of a child outside Australia and using a carriage service to transmit child abuse material.​


13 year old Filipino girl... paid to perform sexual acts via Facebook...
 

(Log in to remove this ad.)

Remove this Banner Ad

Remove this Banner Ad