G Huxley Posted December 30, 2021 Author Report Share Posted December 30, 2021 (edited) "Ponzi schemes fail, when they can no longer recruit new players, the number of which usually grows exponentially. " They also fail when those that allegedly come to join them don't actually pay their share into it. "Since we have an overpopulated world and producing new human units seems to be of little issue, our ponzi scheme will fail when we run out of space or resources, or when we change climate to the point of conditions becoming unlivable." Of course it is utterly unsustainable. "I am quite interested to see how this will play out, with the banking system failing in particular. Imagine the day, when your diamonds, platinum or gold become worthless, together with that Picaso picture. Just because people are in a survival mode and there is no food and no production, no clean water, no clean air." Maybe we are already entering that stage. Edited December 30, 2021 by G Huxley Quote Link to comment Share on other sites More sharing options...
G Huxley Posted December 30, 2021 Author Report Share Posted December 30, 2021 12 hours ago, blackbird said: I would agree with a lot of what you say. But I don't think Capitalism is the same as Socialism in the sense of personal freedom. It depends on the forms of each and they are not opposites. Unfettered capitalism tramples on the rights of the individual. Freedom to experience clean water and a pristine environment? It isn't coming with pure capitalism. "Capitalism does not steal from everyone." No it steals from everyone and it gobbles everything in sight and eventually crushes its host with the cancerous tumour it depends on called economic growth. "Capitalism is a free system in the sense everyone is free to start or run their own business with little government interference." Capitalism inevitably leads to monopolization which crushes small business. "But there is an incentive to work in Capitalism because if you work you get paid and if you don't work, you don't get paid." Or as a huge portion of the populace does, they actually can't afford a million dollars for a house and food and commit suicide with opiates after being ground into dust by capitalism. "But Capitalism provides an incentive for those with some money to invest in it to develop industries and make a profit." Destroying the environment read our life support system in order to do so. "In Socialism there is no incentive for investors because government controls everything and reject the profit motive." I'm not for capitalism or socialism and as I pointed out I don't see them as opposites at all, but rather two sides of the same coin, but if you think that is an argument against socialism, I think it is an argument for socialism. Get rid of the profit motive. Profit corrupts absolutely. "In Capitalism, people with expertise make decisions about what is profitable to invest in." Often these 'experts' are sociopaths. "In Socialism government bureaucrats decide which industries should exist under government control and how everything should be run." In one it is sociopathic investors in the other sociopathic bureaucrats. "In the USSR, that is how things were run and there were tremendous shortage of essential products and supplies." As Zhukov pointed out in his memoirs, if they had invested in all those consumer products instead of their war machine they would have lost the war. "I heard of a telephone system in one of their satellite countries where it was very hard to get parts for the telephone system because anything ordered had to go through a huge bureaucracy under central control. That is why the system became antiquated and far behind the western world. They likely had dial phones and antiquated equipment in their telephone exchanges while the west had advanced electronic exchanges and touch-tone phones. It would have been the same problems in every industry in the USSR, including hospitals and medical technology. They would have been years, if not decades, behind the west." And yet the wonders of capitalism in Russia which followed were even far worse than that. Millions starved to death in the Yeltsin years and now you have Putin crony capitalist dictator and chief oligarch for life. "China changed to a certain degree in the 1980s with a new leader of the CCP. They decided to allow private corporations in China and abroad, but under the ultimate control of the CCP. Personal freedoms do not exist, but corporations were permitted because they created wealth for the country and the government. So it became a sort of hybrid system of Capitalism-Communism." Exactly as I was pointing out. Capitalism and Communism are not opposites, they are two sides of the same coin and the Politburo has utilized that to make it a world power and one that is gobbling up all around it as such systems do. Quote Link to comment Share on other sites More sharing options...
G Huxley Posted December 30, 2021 Author Report Share Posted December 30, 2021 (edited) More socializing capitalism read: The Pension ponzi scheme: "CPP premiums are getting a bigger bump than planned. Here's why." "Why CPP premiums are going up The increase is part of a multi-year plan approved by provinces and the federal government five years ago to boost retirement benefits through the public plan by increasing contributions over time. The rises started in 2019. A KPMG note in November said the maximum employer and employee contributions will hit $3,499 each in 2022, an increase from the $3,166 this year. For self-employed contributions, the maximum amount will be $6,999, up from $6,332." https://ca.finance.yahoo.com/news/cpp-premiums-getting-bigger-bump-183618893.html If capitalism is so free blackbird how come I am being forced to pay thousands of dollars each year into a pension I don't want? Edited December 30, 2021 by G Huxley Quote Link to comment Share on other sites More sharing options...
blackbird Posted December 30, 2021 Report Share Posted December 30, 2021 15 minutes ago, G Huxley said: More socializing capitalism read: The Pension ponzi scheme: "CPP premiums are getting a bigger bump than planned. Here's why." "Why CPP premiums are going up The increase is part of a multi-year plan approved by provinces and the federal government five years ago to boost retirement benefits through the public plan by increasing contributions over time. The rises started in 2019. A KPMG note in November said the maximum employer and employee contributions will hit $3,499 each in 2022, an increase from the $3,166 this year. For self-employed contributions, the maximum amount will be $6,999, up from $6,332." https://ca.finance.yahoo.com/news/cpp-premiums-getting-bigger-bump-183618893.html If capitalism is so free blackbird how come I am being forced to pay thousands of dollars each year into a pension I don't want? I was talking about the actual system of Capitalism. You are forced to pay into a pension you don't want because that is Socialism, not Capitalism. Bringing in older immigrants under "reunification" is an extremely costly business for Canadians and the pension plan. How is it government can force Canadians who worked all their life to pay for pensions for all the old immigrants brought in from the third world? Quote Link to comment Share on other sites More sharing options...
G Huxley Posted December 30, 2021 Author Report Share Posted December 30, 2021 You said: "I don't really see where the pension plan is a ponzi scheme. Vast amounts of taxpayer money is invested to earn a return. That has nothing to do with corruption. The pensions, OAS and CPP, must be paid out to the pensioners and the more pensioners, the more money must be collected by incomes taxes. As the population ages, it costs the pension system more money and more working people must be brought into the system to pay for it. Hence, we have immigration. But the government had better be sure the immigrants they bring in are going to be working and paying income taxes." How is it not a ponzi scheme? As Cougar pointed out a ponzi scheme demands more and more new investors to pay into it for it to function, that is exactly what is happening with Canada's pension-immigration scheme. Quote Link to comment Share on other sites More sharing options...
Zeitgeist Posted December 31, 2021 Report Share Posted December 31, 2021 (edited) In a sense life is a Ponzi scheme, because we act according to the idea that there will be a need in the future for whatever we can add to what came before. We are by nature hopeful teleological beings. If we don’t look forward with some sense of purpose and constructivism, we feel worthless and futile. This is the problem with the idea of zero growth or reversion to some noble savage pre-industrial live off the land Amish kind of deal. It sucks basically and very few people want to revert to Little House on the Prairie. Edited December 31, 2021 by Zeitgeist Quote Link to comment Share on other sites More sharing options...
Nationalist Posted December 31, 2021 Report Share Posted December 31, 2021 On this I have only one thing to say: The first politician who includes shutting down our borders and implement real merit based immigration...gets my vote. 1 Quote Link to comment Share on other sites More sharing options...
G Huxley Posted January 2, 2022 Author Report Share Posted January 2, 2022 "In a sense life is a Ponzi scheme, because we act according to the idea that there will be a need in the future for whatever we can add to what came before. We are by nature hopeful teleological beings. If we don’t look forward with some sense of purpose and constructivism, we feel worthless and futile. This is the problem with the idea of zero growth or reversion to some noble savage pre-industrial live off the land Amish kind of deal. It sucks basically and very few people want to revert to Little House on the Prairie. " We are going to revert into a mud hut hiding from the desert Sun when the full effects of climate change send us there as a result of our not being able to see beyond such teleological opium for the masses anodynes. Weakness will make us depend on the cancerous tumour of economic growth before it bites us back in the ass. Quote Link to comment Share on other sites More sharing options...
G Huxley Posted January 2, 2022 Author Report Share Posted January 2, 2022 On 12/31/2021 at 4:00 AM, Nationalist said: On this I have only one thing to say: The first politician who includes shutting down our borders and implement real merit based immigration...gets my vote. What about the numbers Nationalist? Quote Link to comment Share on other sites More sharing options...
Zeitgeist Posted January 2, 2022 Report Share Posted January 2, 2022 6 minutes ago, G Huxley said: "In a sense life is a Ponzi scheme, because we act according to the idea that there will be a need in the future for whatever we can add to what came before. We are by nature hopeful teleological beings. If we don’t look forward with some sense of purpose and constructivism, we feel worthless and futile. This is the problem with the idea of zero growth or reversion to some noble savage pre-industrial live off the land Amish kind of deal. It sucks basically and very few people want to revert to Little House on the Prairie. " We are going to revert into a mud hut hiding from the desert Sun when the full effects of climate change send us there as a result of our not being able to see beyond such teleological opium for the masses anodynes. Weakness will make us depend on the cancerous tumour of economic growth before it bites us back in the ass. I’ll take my chances, but I’m happy to buy and rent out your house while you live in the mud hut. Quote Link to comment Share on other sites More sharing options...
G Huxley Posted January 2, 2022 Author Report Share Posted January 2, 2022 Swine. Quote Link to comment Share on other sites More sharing options...
Nationalist Posted January 3, 2022 Report Share Posted January 3, 2022 3 hours ago, G Huxley said: What about the numbers Nationalist? From now on...I vote my conscience. If the PPC wants to sit on the fence on clear issues... To hell with 'em. Quote Link to comment Share on other sites More sharing options...
G Huxley Posted January 3, 2022 Author Report Share Posted January 3, 2022 Yeah, the PPC position here is hypocritical, but at least their numbers are far less than that of the other main parties. 1 Quote Link to comment Share on other sites More sharing options...
Michael Hardner Posted January 3, 2022 Report Share Posted January 3, 2022 58 minutes ago, G Huxley said: Yeah, the PPC position here is hypocritical, but at least their numbers are far less than that of the other main parties. They are pure populist vote traps. The pinnacle of their success would be to steal enough CPC votes to ensure that the Liberals win... Quote Link to comment Share on other sites More sharing options...
G Huxley Posted January 3, 2022 Author Report Share Posted January 3, 2022 (edited) I have never voted for the PPC for a number of reasons, nor for that matter have I voted for the other main parties, with the exception of the Greens once or twice, which I no longer vote for either. None of the main parties have earned my vote and all of them have economic/population growth in their platforms. Edited January 3, 2022 by G Huxley 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.