Various Retailers have
Why Nations Fail: The Origins of Power, Prosperity, and Poverty by Daron Acemoglu, James A. Robinson (eBook) on sale for
$1.99.
Thanks to Community Member
hwrhs87 for sharing this deal.
Available Retailers:
About this title:
- Page Length: 544 pages
- Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine?
- Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
- Why Nations Fail will change the way you look at—and understand—the world.
Top Comments
Don't fall for the grift again.
"Blinder and Watson reported that budget deficits tended to be smaller under Democrats, at 2.1% potential GDP versus 2.8% potential GDP for Republicans, a difference of about 0.7 of a percentage point. They wrote that higher budget deficits should theoretically have boosted the economy more for Republicans, and therefore cannot explain the greater GDP growth under Democrats.
Since 1981, federal budget deficits have increased under Republican presidents Reagan, both Bushes and Trump, while deficits have declined under Democratic presidents Clinton and Obama. The economy ran surpluses during Clinton's last four fiscal years, the first surpluses since 1969. The deficit was projected to decline sharply in Joe Biden's first fiscal year"
https://en.wikipedia.or
https://presidentialdat
Google for yourself. Plenty of research available in this area, including Republican administrations being in office for 10 out of the last 10 recessions.
Yes, the government needs to cut spending in many areas. You just may have the parties reversed. The party that wants "smaller government" wants to cut any regulations that cost corporations money to keep getting themselves rich. Thats the difference. Its not for the benefit of the country, or cutting the deficit. Its for growing the wealth of the 1% and keeping them in power.
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
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58 Comments
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It's not a simple general question that applies to all nations.
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
1- what's a fair share? That's an arbitrary term that could mean one thing today and a different thing tomorrow.
2- you will need to tax their assets, especially stocks, which they already pay tax on when they're issued to them; meaning, you'll be taxing them and any other stock owner 3 times: when issued, while holding, and when sold for gains.
3- government spending is in the trillions annually so even if all the billionaires paid their entire wealth, it wouldn't cover 1 year of spending.
4- there's a good reason why the first thing a business does to reduce its "deficit" is by reducing expenses, not increasing revenue, since your expenses are what got you here in the first place.
5- wasted government spending is far more costly and problematic than billionaires paying more taxes so it would be much more effective to fix.
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Don't fall for the grift again.
"Blinder and Watson reported that budget deficits tended to be smaller under Democrats, at 2.1% potential GDP versus 2.8% potential GDP for Republicans, a difference of about 0.7 of a percentage point. They wrote that higher budget deficits should theoretically have boosted the economy more for Republicans, and therefore cannot explain the greater GDP growth under Democrats.[1]
Since 1981, federal budget deficits have increased under Republican presidents Reagan, both Bushes and Trump, while deficits have declined under Democratic presidents Clinton and Obama. The economy ran surpluses during Clinton's last four fiscal years, the first surpluses since 1969. The deficit was projected to decline sharply in Joe Biden's first fiscal year"
https://en.wikipedia.or
https://presidentialdat
Google for yourself. Plenty of research available in this area, including Republican administrations being in office for 10 out of the last 10 recessions.
Yes, the government needs to cut spending in many areas. You just may have the parties reversed. The party that wants "smaller government" wants to cut any regulations that cost corporations money to keep getting themselves rich. Thats the difference. Its not for the benefit of the country, or cutting the deficit. Its for growing the wealth of the 1% and keeping them in power.
What is it about Jeff Bezos and Elon Musk that expecting them to pay a fair amount of tax immediately evokes the 'Marxism' bit? Why are you willing to kill the middle class to save these guys a few bucks they won't even miss?
However, Nationalizing everything means nobody but the government would have any real disposable income.
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People are a problem.
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However, Nationalizing everything means nobody but the government would have any real disposable income.
On the other hand, the uber wealthy who want to profit even further want to eradicate all public services in favor of privatized, for- profit companies that they'll profit from and control.
There's your communism, just that instead of a government it'll be a handful of rich people. The founding fathers warned about this.
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