Viewing profile — knughit

The greatest crime a capitalist can imagine is an employee getting paid the amount they are promised, in excess of that they deserve. The greatest virtue a capitalist can imagine i…

Is it ironic? Europe's great modern wealth is socialist capitalism. The original canonical work on capitalism, Adam Smith's "On the Wealth of Nations" lays this out clearly.

Well, it came from being the children of people who provided a good or service, and likely in large part due to illegal unfair competitive advantage.

Dividends, yet. But not all stock growth is due to realized profit. Look at AMZN for example.

Inflation punishes people who assets. Poor people only suffer when their nominal wages don't grow to match inflation -- but that's exactly the same as their employers lowering wage…

There is no need to insert arbitrary ageism. It just makes you look immature, whatever your age.

Arabs use "Sharia" like Americans use "Liberty". They just use the word because it sounds respectable, but they make it mean whatever suits their power.

How is the Western rejection of Christianity coming along?

Can I watch Lawrence of Arabia to start?

He wasn't communist, and that nonsense worldview is why they missed the problem. He was an opportunist, like many people in all governments. He sold info to russians while others j…

Similar track record to 21st century USA FBI

They did. 100% share.

Does z.cash prevent deanonymization via IP traffic analysis? Does it resist clusterization?

What's not accurate?

Finance theory disagrees with you. A dividend lets the investors choose if they want to buy more shares (from the same sellers who would sell in a buyback) or mix their current sha…

Unbalanced comparisons. Basic income frees people to do private work. Government projects, to be comparable, would have to pay people for their work, as you know,and also add a pre…

He history books that are full of strikebreakers and company stores beating and robbing employees?

How does that compare to a capitalist killing a 1000people in one day by collapsing a building on them? (Rana Plaza)

An important part of a manager's job is helping keep self-centered self-unaware primadonnas contributing productivity to the team, despite their short-sighted immature attitude. It…

Interesting, because Japanese is stereotyped as a very rule-following culture. But maybe that applies to social rules, not legal rules.

"Tiger Mom" had a Chinese flair, but an extreme work ethic is seen in many subcultures of cultures. In USA it is called the Protestant Work Ethic

Are Korean and Chinese not like factories? I always thought they were more so than American, to the point of famously turning out people who have a bizarre ability to imitate knowl…

Why can't lower class women marry lower class men? Half of Japnaese are women, right? I mean, it sucks, but it should suck in a gender balanced way.

Right. In GAAP, the technical term for the difference between a business's total assets (minus liabilities) and it's valuation price is "goodwill".

AirBnB pretends to be a social matching service with money just for covering expenses.