CapitalismPosted 5 years Ago

I agree with you in saying that it may be our most "natural" state. However, in our nature there is also greed and it is also possibility to have the desire to rise by making someone else fall. So although I believe capitalism, done properly, is the best type of system we could have. It will probably never achieve it's true potential as long as we still fall prey to our own selfish-destructive qualities.
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Hillary's tax planPosted 5 years Ago

I am here to learn so please bear with me. But is the average US citizen so against' taxes when there are countries like Sweden is northern Europe where they have huge tax rates yet they are economically strong countries. Like I said I am here to learn, since I am a business student, so I may be wrong.
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Tax Payer owned Non Profit Shopping CentersPosted 5 years Ago

This is actually a great idea! If there is a way to legitimize this and make it as a proposal it definitely has my vote.
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Stop Providing Relief to Foreign LandsPosted 5 years Ago

As the previous post suggest, it is not about just giving them a bunch of money and the situation ends there. In order for the tax payer to see that their money isn't just being given away freely, as the relief teams and whoever is responsible for giving the aid, they should invest the money properly and teach the locals how to maintain it. Example; after a hurricane ravages their land the U.S. could provide monetary help in forms of rebuilding farms. Then after that has been accomplished, inspire, teach and provide the means for the locals to keep that farm functioning. That way they can grow their own food again, helps their economy and the U.S. does not have to be involved anymore and the money isn't "wasted". However if the locals show no intention of preserving the help the U.S. sends, that a whole different story where I might agree with you in saying that then the U.S should not spend their time or money on those who do not want to help themselves.
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My plan for moneyPosted 5 years Ago

That is actually a great idea, let's give ourselves more reasons to fight each other. But in a serious note, if that would actually happen how do you think there can even be a market when everyone can pay with whatever they want?
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10 Economic TruthsPosted 5 years Ago

Since I have gotten into these forums; since I had to join for a college project, I have learned so much. Not to mention that it has taught me not to completely trust everything everyone tells me. So thank you all for providing all your knowledge for everyone to enjoy.
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What are your Ideas for Incentive Structures?Posted 5 years Ago

The low wages, low employment approach I believe is to be what my country is going for in the near future. Since Puerto Rico is going to be watched over by a select group appointed by Congress, they announced that the minimum wage will be lowered to $4.25. I'm guessing that the purpose is too give the employers more flexibility to higher more workers?
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State of Chinese EconomyPosted 5 years Ago

Wow, and to think that usually one hears only about how the Chinese economy is one of the best in the world and how it is becoming so prosperous. Like if they could no wrong. At least what one hears in general.
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Socialism debunked:Posted 5 years Ago

Interesting. It is unfortunate to see how our economic positions and our current economic system could have been better if implemented properly from the very begging.
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Minimum Wage Kills JobsPosted 5 years Ago

I am an upcoming business student and I for one have always been in favor of raising minimum wage when the country in it's self can support it, I have always looked to Easter Europe such as Sweden. However my own country, Puerto Rico, is going through the toughest economic crisis in it's history and those who will come to oversee our finances; they are being sent by the federal government of the United States, may reduce our minimum wage to $4.25. I understand why they would do it and I suspected it must be for employers to be able to afford more workers, thus moving the economy. I would just like to discuss then if there is no minimum wage,since it kills jobs as you say, how can the work force be assured that they will be receiving adequate recompense for their service. By your opinions, wouldn't taking out minimum wage end us up as the countries in southeast Asia, where they can barely provide for themselves since they can be paid 10 cents an hour if the employer wants?
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