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Elmer Fudd Explains Capitalism. (Original Post) Yavin4 Jan 2014 OP
It might work Pharaoh Jan 2014 #1
I'll finish that for you. zeemike Jan 2014 #12
The term used by intellectuals is Late Capitalism cprise Jan 2014 #19
That's the way *I* do it, and I'm not a capitalist. delrem Jan 2014 #2
WHAT was that word? SoapBox Jan 2014 #3
Sylvester was soooo disappointed. Spitfire of ATJ Jan 2014 #5
... SoapBox Jan 2014 #7
These days the DO keep the profit. Spitfire of ATJ Jan 2014 #4
Ahhh so you were watching cartoon network today too! LostOne4Ever Jan 2014 #6
That goes back to the philosophy Turbineguy Jan 2014 #8
It's maybe a good explanation as to how corporations were sold to the working class. Larry Ogg Jan 2014 #9
Well...he did have a crown, like any king...or dictator. SoapBox Jan 2014 #13
In myths and fairy tales you have royal blood and kings... Larry Ogg Jan 2014 #15
Yeah, the Utopian version of capitalism... WhoIsNumberNone Jan 2014 #10
A cute little propaganda piece onwardsand upwards Jan 2014 #11
Back when this cartoon was made SnowCritter Jan 2014 #16
A nice try, but ... onwardsand upwards Jan 2014 #17
One of my favorites. eggplant Jan 2014 #14
He puts his pwofit back into the business? He hasn't done that for 40 years! nt valerief Jan 2014 #18

zeemike

(18,998 posts)
12. I'll finish that for you.
Thu Jan 30, 2014, 10:36 AM
Jan 2014

Terminal Capitalism.

And the question asked was "where does it end?"...and the delusional say never.
But anything that must continue to grow will consume itself in the terminal stage.

cprise

(8,445 posts)
19. The term used by intellectuals is Late Capitalism
Thu Jan 30, 2014, 05:53 PM
Jan 2014

which is like another way of saying it has become 'terminal' or has expired.

delrem

(9,688 posts)
2. That's the way *I* do it, and I'm not a capitalist.
Thu Jan 30, 2014, 12:31 AM
Jan 2014

I'm an independent contractor, beholden to nobody but my customer base and line of material supply, and my product depends essentially on reinvesting "profits" into physical/material improvements so that not only do I maintain a status quo, but I improve on it so my situation is better. So my business can provide for me in my "declining years".

This cartoon isn't addressing the kind of shit that's being going down in 21st C. capitalism, where $trillions$ are being sucked out of entire countries/continents and the people are being trodden down under one pair of giant boots.

Turbineguy

(37,317 posts)
8. That goes back to the philosophy
Thu Jan 30, 2014, 05:20 AM
Jan 2014

that corporations existed to make life better for everybody. Management's task was to organize production.

Quaint.

Larry Ogg

(1,474 posts)
9. It's maybe a good explanation as to how corporations were sold to the working class.
Thu Jan 30, 2014, 07:56 AM
Jan 2014

But it doesn't, for obvious reasons, address the underlying corruption of a corporate management which bribes, and then extorts, the political system into removing any form of citizen oversight; effectively putting corporations and corporate managers above law.

Which in turn, alows corporations and corporate managers the opportunity to commit the biggest acts of legalized imbezalment, and inviormentle destruction (etc...) in all of human history.

Adding: Putting horns on Elmer Fudds head and a pitchfork in his hand might have painted a more truthful picture as to the true character of corporations.

SoapBox

(18,791 posts)
13. Well...he did have a crown, like any king...or dictator.
Thu Jan 30, 2014, 11:01 AM
Jan 2014

Maybe he was really just a Jamie Dimon type or some "hedge fund / wall streeter" masquerading as an elf.

Larry Ogg

(1,474 posts)
15. In myths and fairy tales you have royal blood and kings...
Thu Jan 30, 2014, 12:30 PM
Jan 2014

In science and sociology you have genetic psychopathy and CEO's.

If you were to study the character traits of royal families, Jamie Dimon, most politicians, confirmed and convicted psychopaths, you might not find any differences, other then they are radically different from the honest people they gracefully deceive, which is most of the population.

But yes it is funny, the cartoon puts a crown on the corporate caricature, and psychologist describe the character traits of a corporations as being that of a psychopath.

So when the SCOTUS said corporations are people it becomes obvious that the majority of the Worlds population would be better served if these kind of people were not allowed to play King of the hill any longer, but rather, eliminated from the gene pool altogether.



 

onwardsand upwards

(276 posts)
11. A cute little propaganda piece
Thu Jan 30, 2014, 09:35 AM
Jan 2014

It's fun to spot the holes in the argument.

Why, exactly, would the firm pay workers higher wages? It doesn't really follow, but it sounds so nice.

What happens to the workers when they get replaced by those nice, shiny, new machines?

SnowCritter

(810 posts)
16. Back when this cartoon was made
Thu Jan 30, 2014, 02:36 PM
Jan 2014

the marginal tax rates for companies and individuals was quite high. So, the easiest way to avoid paying taxes was to reduce your profits.

Remember, Profit = Revenues - Expenses.

So, by purchasing new machinery and paying your employees well, you would reduce your profits. These days, with marginal tax rates some of the lowest ever, there is no incentive to pay employees well (there is always an incentive to maintain and/or upgrade equipment).

 

onwardsand upwards

(276 posts)
17. A nice try, but ...
Thu Jan 30, 2014, 02:57 PM
Jan 2014

... remember that the aim of the corporate game is to maximize after-tax profits, not to minimize tax payments.

To maximize after-tax profits, with a proportional profit tax, you don't want to reduce profits -- you want to increase them. This would mean (for example) paying your employees less (if you can get away with it).

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