The best part about capitalism is that those that produce and profit already have a scorecard of how much they have helped humanity. That’s literally what profit is. You took a $1M factory/building/machinery, plus $1M worth of labor and payroll taxes, etc, plus $1M of materials and electricity, etc, and made a cool product that all in sold for $4M…. You just made the society around you $1M better off. Microsoft, Amazon, Oracle, Exxon, SpaceX, Ford, Walmart - down to the local barbershop and pizza joint all make the world around them better.
Me, starting to wonder if the Founding Fathers waited until the summer of 1776 just so that the World Cup would/could be hosted in America 250 years later…. Hmmm.
Bernie Sanders' condemnation of oligarchy often sounds less like a rejection of power than a demand to control it himself.
His argument begins by declaring certain levels of wealth inherently oligarchic, then ends with demanding the political power to decide how that wealth is used, taxed, regulated, and redistributed.
The complaint isn't that power exists. It's that someone else has it.
😮 Elon Musk paid $11 BILLION in taxes in a single year.
Not $11 million.
Not $110 million.
Eleven. Billion. Dollars.
While politicians who have never built a company, never met a payroll, never created an industry, and never risked their own capital stand at podiums demanding he pay ‘his fair share.’
How much is enough?
$11 billion wasn’t enough.
Creating hundreds of thousands of jobs wasn’t enough.
Revolutionizing electric vehicles wasn’t enough.
Revolutionizing spaceflight wasn’t enough.
Building global communications networks wasn’t enough.
The truth is simple:
For some people, success itself is the offense.
They don’t want more Elon Musks.
They want fewer.
Because a citizen who creates wealth is harder to control than a citizen dependent on government.
One man paid more in taxes than entire nations collect.
And somehow he’s still the villain.
The numbers aren’t the scandal.
The envy is.
#AStoneGroove #SilentMajoritySpeaks
From an article today about the amazing launch of SpaceX as a publicly traded company - the largest IPO in history in fact:
“Corporate-governance advocates criticized Musk for controlling more than 80% of the company’s voting rights, which makes it all but impossible to fire him or make other big changes without his support, and called for halting or boycotting the offering.”
Perhaps the very fact that Musk does have an 80%+ voting share is the EXACT reason for the IPO’s historical success.
Hmmmm.
If it's so easy to pay workers more, charge customers less, and still make record profits, what's stopping critics from starting a business and doing exactly that?
The answer is the same thing stopping everyone else: reality.
Bernie thinks the problem is that some people have too much.
The real problem is that he thinks that gives him a claim on what they've earned.
His entire philosophy boils down to this: inequality is a greater evil than coercion.
If one man creates more wealth than millions of others, Bernie sees a crime that must be corrected. Not because anyone's rights were violated, but because the outcome offends his sense of fairness.
That's why the solution is always the same: confiscate, redistribute, and hand politicians more power.
Extreme isn't becoming wealthy through voluntary trade.
Extreme is spending a lifetime demanding that government seize wealth because reality refuses to produce equal outcomes.
This is such a fundamental misunderstanding of both capitalism and socialism that it accidentally makes the case for capitalism.
If wealth lets you capture the state, the problem isn't wealth. It's a state powerful enough to be captured.
Capitalism limits the state's role in the economy. Socialism expands it.
So if your concern is corporations using government power for favors, subsidies, regulations, and protection from competition, you're describing a reason to limit government authority, not expand it.
The argument assumes political power is the problem, then concludes we need more political power. That's the contradiction.
Capitalism isn't when the state centrally plans in ways socialists don't like.
Ironically, socialism often ends up being central planning socialists don't like.
Socialism is the idea that you should be forced to do the things that normally make people rich, while being forbidden from becoming rich yourself.
What could possibly go wrong?
@libsoftiktok@GovPressOffice Because in one instance, the ‘winner’ is already known and the evidence is never audited. In the second, the evidence has to be created and manipulated to justify the also ‘known’ winner.