Hacker News new | ask | show | jobs
by windows_tips 2850 days ago
>But in reality the current system doesn't work and needs constant massive bailouts and public funding R&D to just barely operate for the minority..

Says an HN comment..

Maybe try to rework this sentence, because it doesn't appear to be true. While things may not be excellent for everyone, clearly the "system" works to some extent.

>The entire point of the current economic system is to motivate the masses to enrich the few.

Do you have a source on this? What do you consider to be the current system? The Federal Reserve System?

>If the motivation goes away then maybe people will work to enrich their own lives.

Do you seriously not think that people work to enrich their own lives right now? I can tell you that I'm posting this to enrich mine.

1 comments

>Maybe try to rework this sentence

The current state of our market system requires massive bailouts and massive funding into research and development, massive subsidies (e.g. arms), and an overworked and underpaid workforce to limp along and pay out a healthy dividend to the richest(few) investors.

>source on this?

Just look at any multi billion dollar company; whats the difference between shareholder payout and worker payout? How else would you define this system where a company can declare hundred million dollar profits while paying minimum wage?

>Do you seriously not think that people work to enrich their own lives right now?

We try. for the last 8 hours i worked to make money that would enrich my life, but my work made someone else a hundred times this amount so 1% of my last 8 hours was for me.

If somebody else is making 100x off of just your work you need to quit yesterday and find somebody to pay you 2x what you are currently making. They will be more than happy to do so as they will still be making a 50x profit on you.

Either that or you have absolutely no clue as to how much value you actually create for your company. Nobody generates 100x profit, not even slaves.

thank you for your advice, i think you missed my point though.
I thought your point was that somebody else is actually making 99-100 dollars for every dollar that you make. I would like to know how you came to that number.
i worked out those numbers roughly for myself. My point though, was; most of, or at least the majority of my working life is to enrich someone who is richer that could can ever be. This is the nature of the relationship between the shareholder and the common worker.