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> I did not earn any of that? >> A doctor's wage is earned. Your wage is earned. > invested most of my income in that 20 years in to dividend paying stocks

by esarbe 5y ago

> I did not earn any of that? >> A doctor's wage is earned. Your wage is earned. > invested most of my income in that 20 years in to dividend paying stocks Whether that one is 'earned' is debatable. From a neoliberal economists perspective you probably 'earned' it by risking your income. Although I always have to chuckle a bit of someone says that speculation is 'investment'. Investment is buying machinery, investment is specialization training of workers, investment is research and development. Playing roulette on the stock market is hardly 'investment'. From a moral perspective you probably didn't 'earn' it. You didn't work for it and - since you were able to put it aside for a later use - you didn't actually 'need' it. So from a moral and societal point of view, that money should have rather gone to pay for teachers wages, for infrastructure or anything else that was of immediate necessity. By investing in the stock market, it probably just went to some banker's bank account.

syshum 5y ago
At its core companies sell stocks to buy machinery and other things to invest in their business. >>You didn't work for it and - since you were able to put it aside for a later use - you didn't actually 'need' it. So from a moral and societal point of view, that money should have rather gone to pay for teachers wages wow. just wow. So morally a person should only be paid what the need to live that is your honest position.. If so I certainly hope people that think like you never attain any real power
- esarbe 5y ago
  > wow. just wow. So morally a person should only be paid what the need to live Do you want me to hold that strawman while you give it a real good bashing? It can be satisfying, strawman bashing. It would however be more productive it you honestly tried to understand the argument I'm making. What do you think, do you want to give it a try? [0] > If so I certainly hope people that think like you never attain any real power Well, don't worry. The con-artists, faudsters and moochers from the swamp have everything under control and from what I see the populace-at-large is not interested in mitigating the pain and suffering and damage that crony-capitalism is brought upon us in or in correcting the course towards societal collapse which that entails. The hucksters meanwhile will continue to squeeze every last dollar of profit everyone else while their bought-and-paid-for politicians make sure that nurses and teachers and - well, everyone else, there a theme for you - pays a higher share of their income in taxes than their masters, while they themselves gorge on the ill-gotten gains their corruption, leaving behind the soiled and despoiled corpses of land and people. The only alternative is raising taxes, the horror. But hey, all power to you. [0] https://constantrenewal.com/steel-man/ https://constantrenewal.com/steel-man/
- nouveaux 5y ago
  "wow. just wow. So morally a person should only be paid what the need to live" GP isn't saying that the good and upstanding thing is be paid only what you need to live. GP is saying that if we're looking at the moral essence of what "earning money" means, then investing in stocks is not "earning money".

by esarbe 5y ago

syshum 5y ago

At its core companies sell stocks to buy machinery and other things to invest in their business. >>You didn't work for it and - since you were able to put it aside for a later use - you didn't actually 'need' it. So from a moral and societal point of view, that money should have rather gone to pay for teachers wages wow. just wow. So morally a person should only be paid what the need to live that is your honest position.. If so I certainly hope people that think like you never attain any real power

esarbe 5y ago
> wow. just wow. So morally a person should only be paid what the need to live Do you want me to hold that strawman while you give it a real good bashing? It can be satisfying, strawman bashing. It would however be more productive it you honestly tried to understand the argument I'm making. What do you think, do you want to give it a try? [0] > If so I certainly hope people that think like you never attain any real power Well, don't worry. The con-artists, faudsters and moochers from the swamp have everything under control and from what I see the populace-at-large is not interested in mitigating the pain and suffering and damage that crony-capitalism is brought upon us in or in correcting the course towards societal collapse which that entails. The hucksters meanwhile will continue to squeeze every last dollar of profit everyone else while their bought-and-paid-for politicians make sure that nurses and teachers and - well, everyone else, there a theme for you - pays a higher share of their income in taxes than their masters, while they themselves gorge on the ill-gotten gains their corruption, leaving behind the soiled and despoiled corpses of land and people. The only alternative is raising taxes, the horror. But hey, all power to you. [0] https://constantrenewal.com/steel-man/ https://constantrenewal.com/steel-man/
nouveaux 5y ago
"wow. just wow. So morally a person should only be paid what the need to live" GP isn't saying that the good and upstanding thing is be paid only what you need to live. GP is saying that if we're looking at the moral essence of what "earning money" means, then investing in stocks is not "earning money".