Canadian Income Distribution

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  • Re: A "Tax the Rich" Policy is Economically Sound

    Originally posted by Bob Armstrong View Post
    Taxing the rich is good for the economy, IMF says: http://news.ca.msn.com/top-stories/t...onomy-imf-says :D

    Counters prevailing conservative economic theory.

    Bob A
    Bob, still trying to tax the rich? You communist. :)

    Fortunately for them, they have swiss bankers to help them with their taxes.

    http://www.youtube.com/watch?v=NROUGXkpZQM

    Comment


    • Re: A "Tax the Rich" Policy is Economically Sound

      Originally posted by Bob Gillanders View Post
      Bob.... You communist. :) ]
      Hi Bob G:

      Well, if I must be labelled, I'd prefer to harken back to the source, Karl Marx. I'd prefer "Marxist". It avoids all that unfortunate USSR, Vietnam, etc. baggage associated with "communist".

      More people should read the philosophical/humanist early writings of the young Karl, before Das Kapital. They would be surprised, and I expect, impressed.

      Bob A

      Comment


      • Re: A "Tax the Rich" Policy is Economically Sound

        Originally posted by Bob Armstrong View Post
        Hi Bob G:

        Well, if I must be labelled, I'd prefer to harken back to the source, Karl Marx. I'd prefer "Marxist". It avoids all that unfortunate USSR, Vietnam, etc. baggage associated with "communist".

        More people should read the philosophical/humanist early writings of the young Karl, before Das Kapital. They would be surprised, and I expect, impressed.

        Bob A
        I have read it. I am not impressed particularly when you contrast his writings with the way he lived his life. Marxism has never worked anywhere. New experiments will predictably lead to situations where millions die at the hands of these social architects.

        Comment


        • Re: A "Tax the Rich" Policy is Economically Sound

          Originally posted by Bob Armstrong View Post
          Hi Bob G:

          Well, if I must be labelled, I'd prefer to harken back to the source, Karl Marx. I'd prefer "Marxist". It avoids all that unfortunate USSR, Vietnam, etc. baggage associated with "communist".

          More people should read the philosophical/humanist early writings of the young Karl, before Das Kapital. They would be surprised, and I expect, impressed.

          Bob A
          Hi Bob A.

          Of course I was being sarcastic. I know you realize this, but just in case some others don’t, let me spell it out……….we both have been labeled “communists” from time to time, whenever we dare to question our so called free market capitalist system. The term Marxist also carries some heavy baggage, so I would steer clear of that one also. I don’t believe any one label can adequately define you, or me. But I think we should go with “free market social democrat”. What do you think?

          Comment


          • Marxist Party of Canada??

            Originally posted by Bob Gillanders View Post
            I don’t believe any one label can adequately define you, or me. But I think we should go with “free market social democrat”. What do you think?
            Hi Bob G:

            Yup!! Agree! In fact that is the one I use when I know the "Marxist" label is going to lead to trouble. I really find good in both, and politics is the art of the possible. So the NDP can become the next federal government of Canada (and will as the one with the famous name continues to implode!).

            There is not even a Marxist Party of Canada to my knowledge (I believe it is the Marxist-Leninist Party of Canada, one I do not support). Sigh, I'm going to have to start my own MPC.

            Bob A

            Comment


            • Re: A "Tax the Rich" Policy is Economically Sound

              Originally posted by Bob Gillanders View Post
              Hi Bob A.

              Of course I was being sarcastic. I know you realize this, but just in case some others don’t, let me spell it out……….we both have been labeled “communists” from time to time, whenever we dare to question our so called free market capitalist system. The term Marxist also carries some heavy baggage, so I would steer clear of that one also. I don’t believe any one label can adequately define you, or me. But I think we should go with “free market social democrat”. What do you think?
              Governments bail out the failures. That's crony capitalism, not free-market capitalism.
              "Tom is a well known racist, and like most of them he won't admit it, possibly even to himself." - Ed Seedhouse, October 4, 2020.

              Comment


              • Re: Marxist Party of Canada??

                Originally posted by Bob Armstrong View Post
                Hi Bob G:

                Yup!! Agree! In fact that is the one I use when I know the "Marxist" label is going to lead to trouble. I really find good in both, and politics is the art of the possible. So the NDP can become the next federal government of Canada (and will as the one with the famous name continues to implode!).

                There is not even a Marxist Party of Canada to my knowledge (I believe it is the Marxist-Leninist Party of Canada, one I do not support). Sigh, I'm going to have to start my own MPC.

                Bob A
                So, what's your opinion on the Bolsheviks?

                Don't spend my 20 dollars. ;)
                Gary Ruben
                CC - IA and SIM

                Comment


                • Re: Marxist Party of Canada??

                  Originally posted by Gary Ruben View Post
                  So, what's your opinion on the Bolsheviks?

                  Don't spend my 20 dollars. ;)
                  Hi Gary:

                  1. My $ 20 is going to get a friend!

                  2. I'm not a big history fan. So I'm not too concerned about the judgment of humanity on the Bolsheviks. My new "Canadian Marxist Party" (I've decided to change the name from the Marxist Party of Canada) will look forward, not backward. It will cut a new path, and be distinctively Canadian!!

                  Bob A

                  Comment


                  • Re: Marxist Party of Canada??

                    Originally posted by Bob Armstrong View Post

                    2. I'm not a big history fan. So I'm not too concerned about the judgment of humanity on the Bolsheviks. My new "Canadian Marxist Party" (I've decided to change the name from the Marxist Party of Canada) will look forward, not backward. It will cut a new path, and be distinctively Canadian!!

                    Bob A
                    Hi Bob,

                    I won't be voting for your new political party. I prefer the Conservatives.

                    Will you be fielding a full slate of candidates or running yourself? Possible there is a small wager in the success or lack thereof.
                    Gary Ruben
                    CC - IA and SIM

                    Comment


                    • Re: Rob Ford and the ideology of "dark politics"

                      I think the infighting among liberals, leading to the near destruction
                      of the party, really hurt social programs in Canada. It's hurt the middle
                      class as well. Many among them distrust the NDP, and won't vote
                      for them. So they either vote for the PCs, or just don't vote.

                      Comment


                      • Re: Canadian University Tuition - Evidence of/Consequence of Can. Income Disparity?

                        A university degree is becoming out of reach.

                        But training in those university courses is becoming dirt
                        cheap through sites like www.udemy.com, which offer massive
                        online courses.

                        The teachers there are getting rich, because class enrollments of over
                        10,000 are not uncommon. That site is even starting to make millionaires
                        out of chess trainers.

                        The online universities like University of The People are offering Bachelors
                        degrees in Computer Science, or Business Admin, for only the cost of exams,
                        and a once only fee based on country of residence. Virtually for free.

                        So don't be surprised if existing universities become defunct anyway.
                        Last edited by Ed Zator; Friday, 28th February, 2014, 02:16 PM. Reason: sp

                        Comment


                        • Re: A "Tax the Rich" Policy is Economically Sound

                          Originally posted by Tom O'Donnell View Post
                          Governments bail out the failures. That's crony capitalism, not free-market capitalism.
                          I see Windsor is taking out ads in the Toronto papers to defend the proposed taxpayer subsidy of Chrysler. The latest scuttlebut was that Chrysler was trying to get the feds to subsidize design work that was done in Detroit already as part of the claimed "Canadian" investment eligible for subsidy.

                          Comment


                          • Re: A "Tax the Rich" Policy is Economically Sound

                            Originally posted by Vlad Drkulec View Post
                            I see Windsor is taking out ads in the Toronto papers to defend the proposed taxpayer subsidy of Chrysler. The latest scuttlebut was that Chrysler was trying to get the feds to subsidize design work that was done in Detroit already as part of the claimed "Canadian" investment eligible for subsidy.
                            Here's the kind of wages the auto industry in Canada is up against.

                            http://www.bloomberg.com/news/2010-0...-26-a-day.html

                            Energy prices in Ontario are also high.

                            I doubt they are bluffing about leaving.

                            I notice Heinz has a deal. It will keep some in work.
                            Gary Ruben
                            CC - IA and SIM

                            Comment


                            • Middle Class Income Growth?: Canadian Income Distribution

                              Middle Class Income Growth?

                              Closer reading of StatsCan report troubling for middle class: http://www.thestar.com/opinion/comme...medium=twitter

                              Bob A

                              Comment


                              • Re: Middle Class Income Growth?: Canadian Income Distribution

                                When Canada's housing bubble bursts in those inflated pockets, then they should do a new net worth calculation. As Warren Buffett has said, "Only when the tide goes out do you discover who's been swimming naked." There are a lot of people out there who "own" houses, think the stock market is too dangerous, and believe that their particleboard structure on a tiny plot of land is immune to fluctuations. Insanity.


                                Originally posted by Bob Armstrong View Post
                                Middle Class Income Growth?

                                Closer reading of StatsCan report troubling for middle class: http://www.thestar.com/opinion/comme...medium=twitter

                                Bob A
                                "Tom is a well known racist, and like most of them he won't admit it, possibly even to himself." - Ed Seedhouse, October 4, 2020.

                                Comment

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