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Dave Concepcion posted:maybe not rich as in multi million dollars, but being reasonably frugal and investing the difference can make you hundreds of thousands by the time you retire
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Aug 18, 2018 13:49
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Definitely wanna be frugal with money until I'm 60+ when the good life is all but over Honey, if we save for 30 years we'll be swimming in cash by the time we're almost dead
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Aug 18, 2018 13:52
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comedyblissoption posted:if a bunch of regular people start being frugal and saving their money the entire economy crashes lol true, but wide scale frugality will never, ever happen, which makes it a great strategy for financial independence if you have a decent wage and some self discipline
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Aug 18, 2018 13:52
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Zzulu posted:Definitely wanna be frugal with money until I'm 60+ when the good life is all but over I'm planning on retiring in my early 40s and nothing I like doing is that expensive anyway, so it's not really a sacrifice
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Aug 18, 2018 13:53
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I'm rooting for ya
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Aug 18, 2018 14:15
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Dave Concepcion posted:true, but wide scale frugality will never, ever happen, which makes it a great strategy for financial independence if you have a decent wage and some self discipline I've only got one of those. Guess which one. Mizuti posted:
I always figured that we're not the intended audience for this. The intended audience are people who fundamentally believe, deep in their bones, that all taxes are evil, and any increase in taxes anywhere means a net increase of evil in the world.
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Aug 18, 2018 14:37
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comedyblissoption posted:if a bunch of regular people start being frugal and saving their money the entire economy crashes lol That's one of the reasons why Japan's domestic economy went into a recession years ago. It turns out that people who spend every waking moment at work don't really buy anything besides food and beer. Moon Slayer posted:I always figured that we're not the intended audience for this. The intended audience are people who fundamentally believe, deep in their bones, that all taxes are evil, and any increase in taxes anywhere means a net increase of evil in the world. It's from the Wall Street Journal, so it's for fintech people on the coasts who actually think that making mid-six-figures puts them in the middle class because "well, we can't afford a mega yacht".
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Aug 18, 2018 15:15
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https://twitter.com/eurogamer/status/1030775397636558850
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Aug 18, 2018 16:22
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BioMe posted:Like I'm sure a 1000$ bottle beats the cheapest box wine on the shelf Maybe. Some of the best wine I've ever had was like five euros.
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Aug 18, 2018 16:34
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BioMe posted:they passively allow the world to fleece them for thousands of dollars a day simply by never bothering to look at the price tag. There is def some of this going on.
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Aug 18, 2018 16:36
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nothing beats a cheeky bottle of jammy red roo
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Aug 18, 2018 16:37
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Aug 18, 2018 17:42
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lol
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Aug 18, 2018 17:47
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so close
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Aug 18, 2018 17:49
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lmao somebody give this nerd a wedgie
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Aug 18, 2018 18:00
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haha holy poo poo is the indoctrination effective
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Aug 18, 2018 18:01
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If this is real its beautiful. Hello yes I believe in a corrupt system so strongly that I am willing to give up a job that uses a clearly superior method of treating it's workers. Then post about it on reddit.
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Aug 18, 2018 18:03
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what kind of idiot ideological capitalist isn't even willing to lie for personal gain lol
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Aug 18, 2018 18:07
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Marxist-Jezzinist posted:what kind of idiot ideological capitalist isn't even willing to lie for personal gain lol Oh capitalism relies heavily on the bootlicker serf being straight as an arrow
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Aug 18, 2018 18:09
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Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. Like, it's just something that doesn't work in modern times? There is an exploitation of the workers? It doesn't factor human sympathy? Help me, goons!
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Aug 18, 2018 18:31
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Solar Tornado posted:Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. Being rewarded for starting a new business is one thing, being rewarded in perpetuity at the expense of your slaves not being able to afford to eat or house themselves is quite another.
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Aug 18, 2018 18:36
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Solar Tornado posted:Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. Sure, it can be argued that the person who took the risk and invested the capital to create the business deserves greater compensation. The issues are that the boss tends to be compensated 20-2000x what an average employee makes, and will actively fight against improvements in the workplace in order to compensate themselves more.
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Aug 18, 2018 18:56
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Capitalist: *wow, this place pays their employees great, I should get a job there!" Capitalist: Hello, I would like to apply for your open cashier position. Socialist: Ok, let's begin the interview. First question: how do you feel about employees receiving good wages for their labor? Capitalist: I hate it.
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Aug 18, 2018 18:59
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In theory there’s no problem with someone who starts any kind of project being rewarded above someone who doesn’t, but in practice people extend this to the ridiculous extreme of the people who start businesses having so much money they have to come up with new ways to spend it while the workers on the bottom rung are living in their cars, and then people complain about the idea of moving some of the money around via taxes to improve the standard of living as if nobody would start a business anymore if the rich could only afford to have nine yachts instead of ten.
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Aug 18, 2018 19:00
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Aug 18, 2018 19:01
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Solar Tornado posted:Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. In this case it is a complete non-sequitur cuz management doesn't risk their capital for profit. Founders and investors do. But even for those that risk their capital they are compensated in return with equity stakes. Getting a salary on top of it is about any sort of value their skills add to the organization. So any compensation should be based on an analysis of the value added.
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Aug 18, 2018 19:03
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Plus they just said "bosses" not risk-taking entrepreneurs. People have been gaslit into thinking it's ok for management to make a hundred times what workers make and it goes hand in hand with the attitude that someday YOU can be the rear end in a top hat if you just keep your nose to the grindstone and stop bellyaching
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Aug 18, 2018 19:04
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Solar Tornado posted:Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. The argument's bullshit for three reasons: #1: How does, "he started it," negate the workers' contributions? Can the owner do all the work by himself? Or is his capital out of work without labor, just as labor is out of work without capital? #2: Solely focusing on a financialized definition of risk. The average American lives paycheck-to-paycheck with no savings. They move from job to job like a really hosed up game of 'the floor is lava.' Their risk is the risk of homelessness or death. The owner can afford to start/run a business because they either have enough assets to secure a loan or enough assets to self-fund outright. They're apt to weather failure quite nicely. Why is their money's 'risk' more important than your life, so much more important that your life isn't even worth thinking about? #3 It rationalizes why you aren't paid well. Why aren't workers paid well? All that money from #2. They can hold out for a better deal. The worker can't afford extended periods of unemployment. Capital inherently has greater 'holding power.' It's an inherent asymmetry in the system which inherently fucks you. The gently caress's any of that have to do with deservedness? The argument's use is weird for two reasons: #1 - It's just 'Might Makes Right' with a non-sequitor of a fig leaf. #2 - It's not his perspective. He works for a living. His politics are built around the interests of his exploiters. He's taking their perspective (it probably feels good, like power). Edit: I reread that and missed something big. Boss != Owner. Also, was their co-op started? Was their co-op started by one dude or a collection of workers? Did they, as a large group, buy an existing grocery? There's some square peg-circle hole action here. It's a co-op, not a private corporation. He's even trying to apply his 'private corporation' reasoning to a co-op in an antagonistic manner. Accretionist has issued a correction as of 19:24 on Aug 18, 2018 |
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Aug 18, 2018 19:14
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So much for the tolerant Left!!
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Aug 18, 2018 19:35
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Solar Tornado posted:Can someone help me articulate why this is a stupid thing to say? My friend said the same thing about the risk compensation, which is something I admit is logical in a way, but it just rubs me the wrong way, and I want to show how. Hey remember in 2008 when the banks took on all that risk, and then when it went south they paid the price for that risk while all the workers were unaffected because they weren't the ones taking on the risk? Oh wait, no, literally the opposite of that happened.
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Aug 18, 2018 19:37
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Zzulu posted:Definitely wanna be frugal with money until I'm 60+ when the good life is all but over This is why my wife and I aren't having kids and blew a couple grand to go to Peru instead of saving for retirement. Don't wanna be like our neighbour who's all 'saving money and having kids like a good consumer whoops now I have ball cancer and might die and leave my kids without a father'. It's a shame too because he's a really nice guy. I hope he makes it.
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Aug 18, 2018 19:42
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It's a good thing having kids comes with no joy whatsoever. E: Pretty sure I just responded to a joke post whoops
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Aug 18, 2018 19:44
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Only the ignorant or malicious have children in today's society.
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Aug 18, 2018 19:45
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Modus Pwnens posted:It's a good thing having kids comes with no joy whatsoever. I agree that kids can be super awesome at times and it's going to be super sad to watch a lot of them die in the upcoming wars spawned by climate change and overpopulation.
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Aug 18, 2018 19:49
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Thank you guys for helping me put my thoughts into words, and i'm gonna confront my friend later about this, but it's probably not gonna change his mind because a socialistic worldview requires one to care about other humans, and he is just an rear end in a top hat from a well-off family. E: Also, after some more research, I should probably use more focused words like "neoliberalism" and "social democracy" Solar Tornado has issued a correction as of 20:50 on Aug 18, 2018 |
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Aug 18, 2018 20:07
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Screaming Idiot posted:Only the ignorant or malicious have children in today's society.
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Aug 18, 2018 20:40
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Workers in a capitalist enterprise take on enormous risk regularly. Any time someone signs up for a 30 year mortgage near their workplace that's an enormous risk dependent on their conditions of employment and the relationship of the employers w/ the community. Maybe the employer decides to unilaterally move the factory to a third world country and it fucks up the entire community. Or the employer just lays them off during a recession or fires them in unjust ways while denying unemployment compensation. Maybe the employer does stupid poo poo like make their tesla factory floor look like an apple store so the rate of personal injuries are much higher. Such situations are large risks to any employee. You might have also noticed that the common arrangement is that the worker works first and only then do they get paid after at least a week. In some enterprises they end up generating the revenue that allows them to get paid in the first place at the end of that week. Also workers can collectively take out loans and start businesses just like a capitalist can and take such entrepreneurial risks.
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Aug 18, 2018 21:48
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Chomp8645 posted:Capitalist: *wow, this place pays their employees great, I should get a job there!" lmao
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Aug 18, 2018 22:25
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the fact is most successful capitalists are simply smarter and harder working than the average person. we should reward our smartest and hardest working with lots of money, because they will know how to best invest it and create value for society. average workers are not capable of managing their own enterprises, they just want to be told what to do and enjoy the simple pleasures of life. That's fine everyone has a place in this world.
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Aug 18, 2018 22:42
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Rutibex posted:the fact is most successful capitalists are simply smarter and harder working than the average person. we should reward our smartest and hardest working with lots of money, because they will know how to best invest it and create value for society. average workers are not capable of managing their own enterprises, they just want to be told what to do and enjoy the simple pleasures of life. That's fine everyone has a place in this world. if you were most other posters I'd assume you were being ironic here
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Aug 18, 2018 22:45
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