Global Capitalism: September 2015 Monthly Update

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1. Before you assume that i never read a book think deeply.. MY IDEA IS NEW RADICAL, AND IT CAN WORK. if you donate money to people , they will spend it right away on food, and housing (prof Richard Wolff). SO MY IDEA IS INSTEAD THROWING HELICOPTER MONEY (paul krugman) from top down , we will throw from bottom up. Why should 90% of population wait for TRICKLE DOWN ECONOMICS , SO WE GIVE IT TO THE PEOPLE(and control the inflation same time) AND LET THE BIG BANKS AND BIZ BE CREATIVE TO GET OUR MONEY-let them be creative. imagine this way if all people get monthly:we will have no stealing, no murders for money, no poor people , you can fix millions of societal problems this way. Its not my idea-IT IS THE BASIC INCOME IDEA-I JUST IMPROVED IT. ..also RBE economy is great radical idea, also instead of giving money we can donate coupons and vouchers for food housing..etc.. I have blended many great ideas into one..I have power to visualize and troubleshoot different economies in my mind..I am sci-fi writer and if you want in the future you can create perfect society. But only if you want to share and help others. Einstein said : The Earth provides enough to satisfy every man's needs, but not every man's greed.. I believe capitalism needs to evolve into Socialism..But if you are right wing conservative you will dismiss my idea!,...,,
2. HOW ABOUT THIS IDEA: 0% TAX FOR ALL - Radical idea, but very powerful! 0% Tax for all , and liberals would say: (ooh my god my who will pay my salary and pension of my gov't free job) Hmmmm, i mean WHO WILL PAY FOR ALL THE ROADS AND BRIDGES!..I will tell you: Gov't creates money - so they will print it every month, and PAY THEMSELVES..AND THE REPUBLICANS: (ooh my god , my money in the bank will be eaten by inflation) hmm, BUT WE WILL HAVE TO MUCH INFLATION! YES..this is the idea.! TO EQUALIZE THE SOCIETY WE WILL PRINT MONEY and pay all people basic income every month - this way the poor will be happy, the middle class can still get money and pay for their houses, AND WHO CARES FOR THE RICH!....Why is this good idea! 1. If you plan to open small business and run it - you will not have to pay any taxes- so many small businesses will be open. 2. If you are Worker you will get you BASIC income and + if you shoose to work you will get extra and don't worry to pay taxes! 3. If you are gov't employEE you will do your job AND YOU WILL NOT BE VAMPIRE WANTING TO SUCK MORE MONEY FROM ALL OF US! 4. tHIS SYSTEM IS GOOD FOR ALL PROFESSIONALS like doctors or scientists, and in long term will create aworld with no poor, no stealing, no murder(except for cheating on ur wife) , no public protests, hapy people. BECAUSE THE MONEY NOW IS MOST IMPORTANT THING IN THE WORLD, BUT WE HAVE TO MAKE THE PEOPLE MOST IMPORTANT THING IN THE WORLD AND MONEY SHOULD BE ONLY USED FOR WHAT IS INTENDED PURPOSE IS: as an Exchange system , a voucher to buy and trade stuff, to get food and groceries and to make sure all of us are taken care for.'''''
3. I used to think noam chomsky was the bees knees but my man Wolff is the main man!!
4. I wonder what his tests were like.
5. This update is probably his best lecture yet.
   
   So well done.
6. Right, Germany is taking in a million refugees from the middle east and Africa because they want cheap labour. Everything has to fit to the grand tale, doesn't it? Why go through all the hassle, dealing with immigrants with a vastly different cultural background, when they could just take in eastern Europeans from Ukraine or Romania? Doesn't make sense to me.
   
   Maybe the answer is much simpler. Germany is the biggest, thriving economy in "walking distance". These people want to come and nobody has a clue how to stop them (in the short run). Long term solutions like getting Syria back in shape don't help with the immediate situation. Germany won't put up razor wire fences and armed patrols. Not a second time.
7. This kike needs to be shot.
8. Brilliant.
9. Now on television there are commercials for hiring an agency to collect "settlement" money owed to you in some court case. The announcer presents testimonials of people who "need the money to pay the rent, groceries and items for the kids." What? You mean these people don't have jobs or get paid slave wages? So now they must win settlement money just to barely survive. Sort of a confession by the powers that be that all the jobs are disintegrating. By the way the settlement charges a fee - half of the settlement award!
10. I think Monsanto gets too much of a bad wrap for making GMOs. GMOs go through a lengthy, thorough, and arduous set of tests that take years to complete. The GM foods that we eat are all completely safe, and even some have been developed which are nutritionally superior, like Golden Rice, which has the potential to end blindness due to malnutrition in India. The reason Monsanto is only well-known producer of certain GM foods in America is because they are one of the few that can afford the testing, but public funding of scientific research would allow more smaller biotech groups to get their foods tested, like the Arctic Apple, which was made by a small firm. The actual GM food is safe, although the economic system under which it's creators operate is not.
11. When is the October update coming out ?
    OK I found it ! - its coming on Oct. 14th.
    http://www.democracyatwork.info/global_capitalism_october_2015_monthly_update  Its is listed on this site, that works now:
    
    After you input your email address, you can click on the main page in the upper left tab.
    Global Capitalism: October 2015 Monthly Update
12. General question: how trustworthy is the GDP as an indicator of the current state of a country's economy, when there is such a large inequality of income?
13. marxism have fail us all. it does not work.
14. Mr nicolarse
    The people in the kitchens are paid minimum wage of the nation strictly enforced in Germany .Each man is qualified for certain work .Just so happens that most immigrants are uneducated and come to Germany as doing the same job in Pakistan pays peanuts.fact .regards vocabulary sorry I use a small phone and I rush you obviously take great time and care and make sure spell check is correcting you .The fat pigs eating in the real truants are no doubt Germans you refer to .But then one must take into account they built the country and financed the economy and provide these havens for economic migrants to flock to .so can't hold fat against them or using labour suited to the work .Most Germans have a better education and can get a better job .can't hold that against them either .do you imagine if all of these migrants where deported the Germans would go hungry and all restraints would have to close ?.I don't think so .what is your point other than to get your facts wrong about where the majority of immigrants are from .Given 90% have no passport nor identification where are you getting your black suited workers information from .out of thin air trying to sound informed .rather than study English why not study other media than mainstream drivel.
15. I love that some people are able to make more money than others. People who actually work for what they have deserve everything they get! socialism is the lazy answer by a generation of entitlement-crazed quitters. you'd have money if you'd work for it. it's not fair to make everyone else suffer because you're too lazy. anyway fairness is overrated. my pastor always says favor ain't fair.
16. Mr. Wolff is right about one thing, capitalism is flawed, but name me a better system and ill be on board in a heart beat. The possibility of corruption for communism and socialism is to great for them to be viable, give all the power to one group, and you'll see that one group take more than the rest, I suppose you could say that about capitalism too, at lest where we are now, and where we are moving towards. We are headed for change, what kind of change remains to be seen..
17. Well sir some facts you spot are at best wholly untrue .examples.percentages of the countries of origin of the refugees attempting to enter europe .fact is large percent are from Pakistan Afghanistan Egypt turkey Iraq .Small percentage are Syrian or lybians .2nd untruth Germans want cheap labour .you can not pay anybody less than than the minimum legal wage in Germany .and if you do you face heavy fines or jail so that is rubbish .many more things you need educating on but why spoil a good living when any old shit you spot is doing you quiet well sir .tax dodging set up and use of structures not designed for your uses .you accuse churches for tax dodging and I agree with you its wrong .But what the the kettle doing calling the pot black .hypocritical nonsense and fear mongering you spot is as bad as any religious organisation .They to milk folk with fear .you have the answers ? no you point out what's wrong and that's all obvious to an idiot .what's your fucking point here .
18. Thanks for explaining the China issue so well. It's difficult to wade through all the disinformation. Looking forward to next month's talk.
19. Awesome presentation.
20. What about MMT in the analysis of the dollar flows between the US and China? Those dollars are recycled at the Fed, but there's no law that says that those dollars are unavailable otherwise - it just, if I understand it right, replaces a federal fiscal deficit with the trade deficit. But we could pay for those things federally with the same power of dollar creation that we use every time the federal government pays for anything.