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interests / soc.culture.china / Re: Capitalism (read CPC) is the Solution to Income Inequality, Says Gannon Lecturer

Capitalism is the Solution to Income Inequality, Says Gannon Lecturer

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From: m1...@m1.com (World-News2100)
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Subject: Capitalism is the Solution to Income Inequality, Says Gannon Lecturer
Date: Thu, 30 Sep 2021 11:09:17 -0400
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by: World-News2100 - Thu, 30 Sep 2021 15:09 UTC

Hello,

Capitalism is the Solution to Income Inequality, Says Gannon Lecturer

“Free enterprise can work. The profit motive is very effective. But the
profits have to be channeled the right way. You have to share the pie.
Let free enterprise create a bigger and bigger pie, but then make sure
you share the bounty. … It has worked before and it can work again.”

Thank you,
Amine Moulay Ramdane.

Re: Capitalism (read CPC) is the Solution to Income Inequality, Says Gannon Lecturer

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From: anf...@wp.eu (A. Filip)
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Subject: Re: Capitalism (read CPC) is the Solution to Income Inequality, Says Gannon Lecturer
Date: Thu, 30 Sep 2021 15:23:44 +0000 (UTC)
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by: A. Filip - Thu, 30 Sep 2021 15:23 UTC

World-News2100 <m1@m1.com> wrote:
> Capitalism is the Solution to Income Inequality, Says Gannon Lecturer
>
> “Free enterprise can work. The profit motive is very effective. But
> the profits have to be channeled the right way. You have to share the
> pie. Let free enterprise create a bigger and bigger pie, but then make
> sure you share the bounty. … It has worked before and it can work
> again.”
>
> Read more here:
>
> https://news.fordham.edu/business-and-economics/capitalism-is-the-solution-to-income-inequality-says-gannon-lecturer/

Are US capitalist capable to create faster growth than PRC communists? ;-)
Let's push the bullshit to absurdity [A].

Capitalism comes in many variants. Capitalism without (significant)
income inequality lacks "the reward feedback". Capitalism with too
big income inequality is "a sleeping volcano awaiting eruptions" IMHO.

Too much and too little salt is unhealthy.

https://en.wikipedia.org/wiki/Ad_absurdum

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Subject	Author
Capitalism is the Solution to Income Inequality, Says Gannon Lecturer	World-News2100
Re: Capitalism (read CPC) is the Solution to Income Inequality, Says Gannon Lect	A. Filip