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Posted on 4/10/14 at 4:35 pm to Duke
quote:
When are you going to start it up?
As soon as I pay off my student loan debts and have enough clout to talk Bill & Melinda into giving me full access to the funds.
But seriously I need to pay off my debts, it has been a hobby of mine thinking about it and trying to plan out how it would work but I need more business and administrative experience to actually give it a real shot. Which I hope to have the ability to pull off someday.
Posted on 4/10/14 at 4:37 pm to weedGOKU666
quote:
you would have likely been able to fall back on your middle class family for support
I wouldn't have. I'd have sucked it up and lived below my means until I was back on my feet. Part of being a man, taking care of yourself, when physically able to.
quote:
What other opportunities would they have to pull themselves above the poverty line?
Extra jobs. I worked my new business ft, and 2 part time for 3 yrs. I still work a pt job today, even though the business is self sustaining. Why? To put money back and invest for any future uncertainties.
quote:
I'm just trying to argue that the same opportunities you took advantage of to get to your position aren't always afforded to the poor.
I understand. I'm just trying to point out, that I accomplished what I did, when I was paycheck to paycheck at the job I was at, when I broke out and made the leap on my own. And it was a struggle. But that is what it takes. It takes risk. It takes struggle. It takes sacrifice. And along with all that, it takes perseverance. All those are very lacking among a lot of society today.
Posted on 4/10/14 at 4:55 pm to CheeseburgerEddie
quote:
Sort of like the principles of a credit union applied to all industries.
Oh you mean communism
Posted on 4/10/14 at 4:56 pm to TydeLyfe
quote:
Oh you mean communism
Exactly, however it isn't government imposed. Simply regular citizens giving their time, money and effort in order to raise the opportunity for the less fortunate all by choice.
And those who receive the educational benefit have the option to go and produce to their maximum level dependent only on their own desires for happiness.
This post was edited on 4/10/14 at 4:58 pm
Posted on 4/10/14 at 5:10 pm to UMTigerRebel
quote:
That seems greedy to me.
Greed is what drives capitalism. It wouldn't work without greed.
Posted on 4/10/14 at 5:16 pm to Alahunter
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I saved for a year for the capital it took me. As a service company. I started with 3 customers. Family members.
So you didn't do it all by yourself, your parents helped you. Not everyone has wealthy parents who can get them started.
Posted on 4/10/14 at 5:19 pm to Stonehog
quote:It's the American way
Greed is what drives capitalism. It wouldn't work without greed.
Posted on 4/10/14 at 5:29 pm to Stonehog
quote:
Greed is what drives capitalism. It wouldn't work without greed.
There are varying levels though. I think it's great when people become rich through hard work. However, it's ridiculous when a CEO gets a huge raise, and then proceeds to freeze employee wages just because they're higher than the industry average. And rather than think there's something wrong with this, some people demonize the workers who made the products and defend the CEO.
Posted on 4/10/14 at 5:36 pm to Stonehog
quote:
Greed is what drives capitalism. It wouldn't work without greed.
Nothing wrong with greed. Everyone is greedy to some degree.
Posted on 4/10/14 at 5:57 pm to Stonehog
quote:
Greed is what drives capitalism. It wouldn't work without greed.
Self-interest actually. You're making it pejorative through labeling self-interest and greed as synonymous. Without self-interest, you die. Self-interest is necessary for the continuation of families, societies and economies. Nothing wrong with that.
Posted on 4/10/14 at 5:59 pm to UMTigerRebel
quote:
However, it's ridiculous when a CEO gets a huge raise, and then proceeds to freeze employee wages just because they're higher than the industry average.
CEOs aren't hired to make employees feel better or maximimize their earnings. He's hired to drive up the value of the company. If he does that well (I almost put she or he, bahahaha), he gets rewarded.
Posted on 4/10/14 at 5:59 pm to the808bass
Self interest can range from wanting to take care of oneself all the way to naked greed, as can capitalism.
Posted on 4/10/14 at 5:59 pm to the808bass
this is where the whole defending CEO's thing comes into play
Posted on 4/10/14 at 6:18 pm to the808bass
quote:
He's hired to drive up the value of the company. If he does that well (I almost put she or he, bahahaha), he gets rewarded.
And that's great, but why shouldn't the workers get some of the benefits of the success they helped create?
Posted on 4/10/14 at 6:19 pm to UMTigerRebel
Communist!
Posted on 4/10/14 at 6:20 pm to the808bass
quote:
If he does that well (I almost put she or he, bahahaha), he gets rewarded.
And many times when he doesn't do well, he still gets rewarded!
Posted on 4/10/14 at 6:22 pm to The Spleen
As he should
Posted on 4/10/14 at 6:28 pm to Stonehog
quote:
So you didn't do it all by yourself, your parents helped you
If you call providing a service to them, that was cheaper than what they were paying before, I guess you could say that. I wouldn't though.
Posted on 4/10/14 at 6:33 pm to The Spleen
quote:
And many times when he doesn't do well, he still gets rewarded!
And lots of shitty employees get raises and are retained. That's the decision of the company. Not yours and mine.
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