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>But what if they don't actually want anything? Impossible. If the businesses don't want anything, as another poster noted, they'll distribute earnings to shar

>But what if they don't actually want anything? Impossible. If the businesses don't want anything, as another poster noted, they'll distribute earnings to shareholders. Surely, those shareholders, even if they want for nothing physical, don't want to die. Therefore, they would like better healthcare innovations. Do they really want like all the fiddling required just to watch internet-based video on their home theater systems? Do they like running errands? There's plenty of room for innovation and the sales that will come with it.

jbooth 16y ago
83% of US stocks are in the hands of the richest 1% http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7#83-percent-of-all-us-stocks-are-in-the-hands-of-1-percent-of-the-people-1 http://www.businessinsider.com/22-statistics-that-prove-the-... So what do the remaining 99% do, if they can't get a job and they're not holding the stock that pays out the benefits? Not to mention "distribute earnings to shareholders" sounds a lot nicer than "pay myself as CEO and owner of a bajillion options".
- tomjen3 16y ago
  Start their own business, obviously. Then they can get shares in that.
  - jbooth 16y ago
    What % of that 99% of America do you think are capable of starting and sustaining a business? Assuming that all of them are smart enough and have skills to do so.. who do they sell stuff to, if 99% of everyone is broke? Where do they get initial capital?
    - tomjen3 16y ago
      75-90% of working adults would be able to start a business (remember business, not a startup. Cutting peoples lawns, fixing toilets, cleaning windows, picking kids up from school, etc could be the basis of a business) They could sell to the others who where starting businesses, and to the 1% who would have to buy what they want from the 99%. It would also be the 1% whom they get their initial investment from, given that they would want their monies to grow.
      - jbooth 16y ago
        Right. So why's that not happening right now? Let me guess. Too much "big government"? We just need to cut taxes on rich people a little more and we'll be in capitalist utopia?

jbooth 16y ago

83% of US stocks are in the hands of the richest 1% http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7#83-percent-of-all-us-stocks-are-in-the-hands-of-1-percent-of-the-people-1 http://www.businessinsider.com/22-statistics-that-prove-the-... So what do the remaining 99% do, if they can't get a job and they're not holding the stock that pays out the benefits? Not to mention "distribute earnings to shareholders" sounds a lot nicer than "pay myself as CEO and owner of a bajillion options".

tomjen3 16y ago
Start their own business, obviously. Then they can get shares in that.
- jbooth 16y ago
  What % of that 99% of America do you think are capable of starting and sustaining a business? Assuming that all of them are smart enough and have skills to do so.. who do they sell stuff to, if 99% of everyone is broke? Where do they get initial capital?
  - tomjen3 16y ago
    75-90% of working adults would be able to start a business (remember business, not a startup. Cutting peoples lawns, fixing toilets, cleaning windows, picking kids up from school, etc could be the basis of a business) They could sell to the others who where starting businesses, and to the 1% who would have to buy what they want from the 99%. It would also be the 1% whom they get their initial investment from, given that they would want their monies to grow.
    - jbooth 16y ago
      Right. So why's that not happening right now? Let me guess. Too much "big government"? We just need to cut taxes on rich people a little more and we'll be in capitalist utopia?