Richard Wolff lesson on economy

[EasternFireLion666]

https://youtu.be/IOtjvT9qosM

1. Do you think this guy is right on this specific matter?

2. What are your general opinions on his channel in case you know him?

3. Gentile or not?

 

[EasternFireLion666]

Oh and another thing. Can anyone recomend sources for learning about economy and the business world? I mean more credible ones.

 

[Taol]

I do not think you should take anything from this person. Since there are no clear jewish features in his face, yet some questionable ones like the lips and ears, I do not think he is a full blooded jew if he is a jew.

That aside. I went on to watch another person and he's like 'redistribute wealth to the poor' and 'need to tax the rich more' and this is EXACTLY why we even have taxes to begin with.

In the recommended book Rich Dad Poor Dad, on one of the topics we had it speaks about how the poor, without understanding what they were doing wrong wanted to get the wealth of the rich and so voted for the tax thing.
Thing is, there are jobs that require more decisons and demands and thus have higher pay than others.
And it speaks about instead of working for a company to 'own' that company.
Work, or labor, gives in return money, or riches. To take away someones riches who has worked (or labored) very hard to even aquire them in the first place, to give them to people that just sit on their lazy ass half of the time or all the time, and don't contribute or give anything back to earn that wealth, is just wrong.
Think about the current situation. Do you want your tax money to go to the wasted drunk living in the streets? No. OR to the drug addict? No. Or wasting money on people that make poor choices? I'd rather not.

Tax, VAT, the % you have to pay back over any given time over a loan.. They should not be in place. Especially the last one.
You can NOT demand more than that there is available at any given time. You may ask for the full thing, but you can NEVER ask for more than that.
And that is how (some) people can never pay off their debt. They're told to pay more than that they're indebted for but if they can't reach these demands they may lose their house car property etc.

 

[EasternFireLion666]

I do not think you should take anything from this person. Since there are no clear jewish features in his face, yet some questionable ones like the lips and ears, I do not think he is a full blooded jew if he is a jew.

That aside. I went on to watch another person and he's like 'redistribute wealth to the poor' and 'need to tax the rich more' and this is EXACTLY why we even have taxes to begin with.

In the recommended book Rich Dad Poor Dad, on one of the topics we had it speaks about how the poor, without understanding what they were doing wrong wanted to get the wealth of the rich and so voted for the tax thing.
Thing is, there are jobs that require more decisons and demands and thus have higher pay than others.
And it speaks about instead of working for a company to 'own' that company.
Work, or labor, gives in return money, or riches. To take away someones riches who has worked (or labored) very hard to even aquire them in the first place, to give them to people that just sit on their lazy ass half of the time or all the time, and don't contribute or give anything back to earn that wealth, is just wrong.
Think about the current situation. Do you want your tax money to go to the wasted drunk living in the streets? No. OR to the drug addict? No. Or wasting money on people that make poor choices? I'd rather not.

Tax, VAT, the % you have to pay back over any given time over a loan.. They should not be in place. Especially the last one.
You can NOT demand more than that there is available at any given time. You may ask for the full thing, but you can NEVER ask for more than that.
And that is how (some) people can never pay off their debt. They're told to pay more than that they're indebted for but if they can't reach these demands they may lose their house car property etc.

I agree partially. Noty everything can be generalized. But I see how the current market in my country for example is making the poor poorer and the rich richer. This could eventualy lead to communist uprisings. I do not advocate for socialism, I know the whole social welfare problems, I am afected by those things. But I am talking about state regulations that probably existed in NS as well and existed in Canada in the 70s, that should at least impose restrictions on the number of properties one has. There are lots of indians, jws, arabs, chinese that come and buy tens of apartments and do not sell it but rent them instead. This is causing massive growth on the apartment prices. An apartment was once a basic asset... now you sell your life for it.

The problem is that when you criticize capitalism nowadays people automatically think you advocate socialism. I watched that guy's vides... some of them. Yes he is partially marxist and I do not agree with this one bit. But some things about how you can corrrect capitalism are true. For example how the US can negociate with corporations. The state should at least have the balls to impose restrictions on them when they exploit the workers and impose leftist agendas. Something like you follow this law or you cannot do business in this country anymore. Yes you cand go somewere else but your other competitors will not be impacted.

I will search for the book you recomended

 

[curio]

Oh and another thing. Can anyone recomend sources for learning about economy and the business world? I mean more credible ones.

I haven't read these myself, but there was one book out of the selection that was specifically recommended, which is Basic Economics.

https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw

 

[EasternFireLion666]

Oh and another thing. Can anyone recomend sources for learning about economy and the business world? I mean more credible ones.

I haven't read these myself, but there was one book out of the selection that was specifically recommended, which is Basic Economics.

https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw

Thanks a lot Curio!

 

[curio]

Oh and another thing. Can anyone recomend sources for learning about economy and the business world? I mean more credible ones.

I haven't read these myself, but there was one book out of the selection that was specifically recommended, which is Basic Economics.

https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw

Thanks a lot Curio!

Welcome.

I didn't look through the entire selection at the time but I did now and there are actually a few other titles that stand out to me from that list.
The first two being The Richest Man in Babylon and Think and Grow Rich. Both are widely known to be good books. Out of the two, I've only read Richest Man in Babylon, but I've listened to some of the author of Think and Grow Rich(Napoleon Hill)'s speeches when I was without and they were quite good, emphasizing the power of the mind and taking control of it and directing it to your desires. He was quite ahead of his time in that sense.

The other two that I've heard good words about are I Will Teach You to be Rich and Millionaire Fastlane. I'm not recommending them, mind you(and I haven't read them myself so I wouldn't be able to anyway), but they stood out to me and I've heard people saying they were good. I'm really skeptical about modern books on personal finance, especially when they have scammy sounding titles like the two above, but there you go if you want to give them a skim.

Business and economy are pretty big worlds to explore. Is there anything specific you wanted to learn about? What's your goal?

 

[EasternFireLion666]

I haven't read these myself, but there was one book out of the selection that was specifically recommended, which is Basic Economics.

https://mega.nz/#F!1R0QATqZ!Eb1_M5KC9gkxK6w32R2ETw

Thanks a lot Curio!

Welcome.

I didn't look through the entire selection at the time but I did now and there are actually a few other titles that stand out to me from that list.
The first two being The Richest Man in Babylon and Think and Grow Rich. Both are widely known to be good books. Out of the two, I've only read Richest Man in Babylon, but I've listened to some of the author of Think and Grow Rich(Napoleon Hill)'s speeches when I was without and they were quite good, emphasizing the power of the mind and taking control of it and directing it to your desires. He was quite ahead of his time in that sense.

The other two that I've heard good words about are I Will Teach You to be Rich and Millionaire Fastlane. I'm not recommending them, mind you(and I haven't read them myself so I wouldn't be able to anyway), but they stood out to me and I've heard people saying they were good. I'm really skeptical about modern books on personal finance, especially when they have scammy sounding titles like the two above, but there you go if you want to give them a skim.

Business and economy are pretty big worlds to explore. Is there anything specific you wanted to learn about? What's your goal?

Thanks for the info. I guess i would like to understand the money flow overall and to know how to make a small legal business without being thrown out of the market by corporate competition

 

[JoS Forum Contributions]

Wolff is an open Marxist professor. He is interviewed on communist media all the time.

 

[Taol]

Thanks a lot Curio!

Welcome.

I didn't look through the entire selection at the time but I did now and there are actually a few other titles that stand out to me from that list.
The first two being The Richest Man in Babylon and Think and Grow Rich. Both are widely known to be good books. Out of the two, I've only read Richest Man in Babylon, but I've listened to some of the author of Think and Grow Rich(Napoleon Hill)'s speeches when I was without and they were quite good, emphasizing the power of the mind and taking control of it and directing it to your desires. He was quite ahead of his time in that sense.

The other two that I've heard good words about are I Will Teach You to be Rich and Millionaire Fastlane. I'm not recommending them, mind you(and I haven't read them myself so I wouldn't be able to anyway), but they stood out to me and I've heard people saying they were good. I'm really skeptical about modern books on personal finance, especially when they have scammy sounding titles like the two above, but there you go if you want to give them a skim.

Business and economy are pretty big worlds to explore. Is there anything specific you wanted to learn about? What's your goal?

Thanks for the info. I guess i would like to understand the money flow overall and to know how to make a small legal business without being thrown out of the market by corporate competition

If you are going to sell yourself, you at least need a product that is desirable. And if you're going to make it by hand it may have to be something you can easily make a bit more of, without having to spending loads of hours on it and then having to make it overpriced. (Overpriced things wont exactly sell..) or you can keep things unique.

Just do some thinking about it look around, you'll find a way for sure