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Paradise Papers: New leak from offshore finance firm

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Re: Paradise Papers: New leak from offshore finance firm

#261
post #154

Earlier quoted context omitted.

Don’t do that. We know exactly what capitalism is and what communism is. Some of us lived under both. And the fact that communism is the favorite system of dictatorship is no coincidence: communism itself is an autocracy.

I believe you are misinformed. You're describing "communist dictatorship". There are other forms of Communism in the world. From the Israeli Kibbutz to the Mondragón Corporation, the gamut of communism as implemented is wide.

Is there any other form of communism than dictatorial?

Dictate number 0 of communism is: you cannot leave. Cause of you could, all productive people would flee instantly.

That, in my book, makes is a dictatorship.

Re: Paradise Papers: New leak from offshore finance firm

#262

My parents always taught me to be honest and care about those around you. The older I got the more I realized that was mal-adaptive behavior in capitalistic society. The real goal of capitalism is exploit or be exploited.

> The real goal of capitalism is exploit or be exploited. The real goal of capitalism is to increase the amount of capital available. This fundamentally is not possible via exploitation alone. Capitalism - nor the economy - is not a zero-sum game. This type of simplistic thinking makes people dismiss real criticisms over the real-world implementation of American capitalism.

>The real goal of capitalism is to increase the amount of capital available. This fundamentally is not possible via exploitation alone.

This is a common view, however it was also a common view of the political economists before Marx published his critique of the field, Capital. It was his thesis that through the cycle of circulation, M-C-M' is observed, that is, the capitalist manages to leave with more money than what he started with at the beginning of the exchange. He turned what you have just said upon its head - one of the sources of profit is actually via exploitation alone, that is, the purchasing and usage of labour-power whose use-value takes the form of labour which is applied to the final products. It is value-adding. This is the contradiction that Marx aimed to solve, that is, if values are traded for values, how is it that the capitalist is able to make profit? Ending up with more money at the end, barring any kind of trickery or scamming, barring the fact that the economy does not solely run on collection of rent and interest, how can a profit be made?

It's probably false to describe it as a zero-sum game, but that's only because both the worker and the capitalist benefit from the trade of labour-power for wage (assuming equal values are traded for equal values, the contradiction of labour and capital in incessant dialectical movement). It is clear however that the benefit of the capitalist is indeed greater and sustained by the fact that most workers must sell their labour-power to survive.

This kind of analysis is extremely unsettling to capitalists, as value is not merely an outward appearance of a thing, but rather it is an essential quality, it is hidden away but works "behind the backs" of both the capitalist and the worker. In this sense, Marx notes that "they have acted without thinking first". One contributor to ignorance of capital and money is commodity fetishism, a term Marx borrowed from social anthropology, in which people are merely representatives of commodities rather than alienated people trying to survive on the "free market".

Re: Paradise Papers: New leak from offshore finance firm

#263
post #216

FYI HN: Jeffery Carr wrote about Milner's ties to the FSB/KGB in 2011 http://archive.li/2Lv1b#selection-549.14-549.39 ...and got fired from Forbes Magazine for writing about it... https://twitter.com/JamesFourM/status/915361529012289536 Theres certainly a major back story here.

There are 95 news organizations sharing the 13.4 million documents so it would be hard for anyone to hide it now.

Re: Paradise Papers: New leak from offshore finance firm

#264
post #14

Earlier quoted context omitted.

I think many hoped for a path forward in Bernie Sanders, but the Democratic Party kneecapped that...

Hillary won by 3 million votes. I know it’s a republican / Russian talking point to keep pointing out this division.

Is Donna Brazile a Republican, RU operative, or both?

Re: Paradise Papers: New leak from offshore finance firm

#265
post #246

Earlier quoted context omitted.

do you have any evidence that buying an office building on wall street for 1 million in the 90s is a shady price that doesn't make sense? also, how in the world did you bring facebook into this conversation?

He bought it for 1/8th of the price it sold for two years earlier. During those two years, the US economy was on an upswing. http://www.nytimes.com/1995/12/07/business/40-wall-street-is... And the building looks like this: https://www.bloomberg.com/graphics/2016-trump-40-wall-street... It's a shady price, and a shady building, because he now rents it out to crooks like himself. (See Bloomberg piece.) In the future, d…

It's very shady looking into anyone's comment history and bring up other supposed dirt and use it like that.

Smear tactic. Now you don't look so good either.

Re: Paradise Papers: New leak from offshore finance firm

#266
post #154

Earlier quoted context omitted.

Don’t do that. We know exactly what capitalism is and what communism is. Some of us lived under both. And the fact that communism is the favorite system of dictatorship is no coincidence: communism itself is an autocracy.

The USSR loved to use communist slogans but the implementation was pure autocracy.

If you truly understand communism you see that is can only be implemented as an autocracy...

Re: Paradise Papers: New leak from offshore finance firm

#267
post #144
post #117

Earlier quoted context omitted.

If we decide corporations have no obligation to be moral or decent, they naturally will behave as we expect. If we expect and demand (and punish the absence of) more, we can get more. Corporations are made up of people, and people are fully capable of not committing rampant constant fraud. Spending thousands of dollars to avoid their moral tax obligations instead of paying is in my view fraud and corruption; the fact…

Refusing to pay taxes is stealing?! I am afraid you have this backwards: taxes are simple robbery.

Taxes are the rent you pay to live in the society you live in.

Re: Paradise Papers: New leak from offshore finance firm

#268

Earlier quoted context omitted.

> Why should the family I was born to determine wether I have clean water to drink or not, for example? Because of this thing called reality. If the circumstances of your birth are unfortunate, that's sad, but it does not have to be other people's problem.

So here's the basic problem with your attitude: it proceeds from comprehending only your half of a fundamental equation. You feel no responsibility toward those less fortunate than yourself, but at the same time you expect them to feel a general responsibility to respect your property rights. Why should they? Because it's in the Bible or written in law books? In the wild there are no property rights, no individual fr…

> In the wild there are no property rights

In the wild there is ownership (or possession), and animals defend it with brute force. Property rights regulate this and tend to enforce the concept of ownership in a civilized way.

Without property rights, we'd be back to defending ownership with violence, even on the individual level. Few people want that, and I'm not one of them.

Re: Paradise Papers: New leak from offshore finance firm

#269

Earlier quoted context omitted.

If you're growing your company based on cash-flow you're slowly strangling your company to death. If it's profitable, leverage it. You don't have to go nuts and borrow millions, but if you can generate a better return on debt than the interest rate, which shouldn't be too hard given today's interest rates, you can build your business faster. If you're aggressively expanding your company you'll be channelling any prof…

I've seen this "get a better accountant" argument posted on HN quite a bit. But, aren't liberals outraged about the tax loopholes for the "weathly"? We shouldn't need the loopholes, just reduce the rates.

No, not in this case. It’s very deliberate that companies pay tax on profit, not revenue; it’s not really a loophole. This gives the company an incentive to put the money into growth rather than taking profit and paying dividends, especially when it’s smallish.

You could theoretically have a system where companies pay tax on revenue, but realistically it’d cause massive upheaval and greatly disincentivise starting new businesses and growing current ones.

Re: Paradise Papers: New leak from offshore finance firm

#270
post #139

Earlier quoted context omitted.

"Justice" means upholding laws? Most of the world has signed conventions that makes basic livelihood a right -- and puts it on the state to ensure this. Perhaps you don't agree with these laws and conventions. But please consider that the very concept of "ownership" and "property" is also something that is only upheld by laws. Also on a pragmatic level, why should those without property acknowledge and support a stat…

> to social unrest / revolutions that causes problems for rich people as well. Some problems for sure, but it's probably manageable. Poverty is not and should never be an excuse for crime. Rich people can build as many prisons as necessary.

To be clear, would you morally condemn someone for stealing if they would otherwise starve?

It seems like you think the right to "property" is somehow above the right to life. In most of the world BOTH of those are guaranteed by the same laws and the same social contract.

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