J.R.’s Zaphne Blog News for 05-22-2018

Why students are attracted to Socialism and give capitalism an F?

As students most get attracted to the ideals of socialism and breathe by it. Post college and getting into a job/business, we move towards capitalism and breathe by it. Though few friends say they have moved from Capitalism to Socialism seeing the ruthless corporate world. BK Marcus reflects on this phenomenon of students giving capitalism an F:. Not only are young voters more likely to support Democrats than Republicans, they are also more likely to support the most left-wing Democrats. 

Capitalism was big business: McDonald’s, IBM, the military-industrial complex. There is little doubt that capitalism is associated with all evils of the world as socialism once was. In latter, we saw the politicians amassing huge wealth in the name of socialism and in former, it is the big corporates and finance guys who have done the same. In socialism the idea was govt would redistribute which failed. In capitalism it was market forces which were supposed to do the same but have been found equally wanting. 

According to Pastin, the highest-performing students were both more likely to be self-declared socialists and more likely to meet his proposal with outrage: grading, they argued, should be a matter of merit. Let’s say the class follows capitalism which selects on merit. This is what has been happening in world of capitalism for centuries now. 

Keywords: [“capitalism”,”socialism”,”more”]
Source: https://mostlyeconomics.wordpress.com/2016/03/15/why-students-are…

To Be Genuinely Compassionate, Politicians Should Focus on Job Creation, not Unemployment Benefits

The current debate about extending unemployment benefits is remarkable because certain politicians want to give people money on the condition that they don’t get a job. There is a problem with joblessness, to be sure, but it’s misguided to think that extending unemployment benefits is the compassionate response. The black unemployment rate is more than twice that of whites. We explain that more unemployment benefits is a misguided approach. The unemployed need a strong job market, not endless handouts that create dependency. 

If we are serious about keeping workers out of the long-term unemployment trap, we must have a debate about which policies cause unemployment and which policies create jobs. The column cites many of the academic studies showing that unemployment benefits lead to more joblessness. It doesn’t focus specifically on unemployment benefits, but it makes a great point about labor supply incentives. Big government is responsible for today’s unemployment situation. Since President Obama was elected, we have spent $560 billion on unemployment benefits. 

The United States enjoyed strong levels of job creation during both the Reagan and Clinton years. Well, as illustrated by this chart, they both presided over periods with impressive job creation. 

Keywords: [“unemployment”,”government”,”job”]
Source: https://danieljmitchell.wordpress.com/2014/01/10/to-be-genuinely…

Canadian Conservative Forum

I don’t think there is any question that globalization is of great benefit not only for Canada, but also for the entire world. The process of globalization creates an enviable playing field for economic growth by limiting the amount of trade barriers and opening up the free market. Many have written negative articles and books about globalization. William Greider of Rolling Stone threw everything and the kitchen sink against globalization. As a self-described libertarian conservative, I can think of no better option to follow other than globalization for three reasons. 

First, globalization will provide an equal opportunity, on a level playing field, for potential success. Second, globalization will open up the lines of international trade. Third, globalization will enhance the technological market. While not perfect, the technological boom has enhanced the future prospects of globalization. A typical attack on globalization by the left is that it looks out for the individual rather than the interests of the community. 

Globalization produces winners and losers, not a socialist communal fantasy of free money and protecting a country’s economy. Globalization opens up a whole new range of trading possibilities and free market activity. 

Keywords: [“globalization”,”free”,”market”]
Source: http://www.conservativeforum.org/EssaysForm.asp?ID=6074

Compassion International

Compassion International is a nonprofit organization founded in 1952 by Reverend Everett Swanson. Swanson felt driven to help South Korean children who were left orphaned due to the war. Today this organization aims to provide over 1.2 million children in twenty-six countries with food, shelter, education and health care, and Christian training. Although Compassion International began in South Korea, the idea caught the attention of other people and it began to spread throughout the world. Compassion International is funded by charitable donations that are tax deductible in the United States. 

Last year about 520 million dollars was donated to this charity, and of that 520 million, 80 % went towards program activities for the children. There are a few characteristics of Compassion International that makes them different from other nonprofit organizations. One characteristic is their commitment to the children. Their ministry is focused on each individual child and their needs. They work holistically with every child to focus on their spiritual, economic, social and physical needs. 

Another characteristic is their commitment to Christ. Compassion International believes that Jesus Christ is the heart of their ministry. 

Keywords: [“Compassion”,”International”,”organization”]
Source: http://www.antiessays.com/free-essays/Compassion-International-183039.html

What is Marxism

Marxism is an economic and social system based upon the political and economic theories of Karl Marx and Friedrich Engels. According to Marx a class is defined by the relations of its members to the means of production. He proclaimed that history is the chronology of class struggles, wars, and uprisings. Under capitalism, Marx continues, the workers, in order to support their families are paid a bare minimum wage or salary. The worker is alienated because he has no control over the labor or product which he produces. 

The capitalists sell the products produced by the workers at a proportional value as related to the labor involved. Surplus value is the difference between what the worker is paid and the price for which the product is sold. An increasing immiseration of the proletariat occurs as the result of economic recessions; these recessions result because the working class is unable to buy the full product of their labors and the ruling capitalists do not consume all of the surplus value. A proletariat or socialist revolution must occur, according to Marx, where the state is a dictatorship of the proletariat. Religion, according to Marx was the response to the pain of being alive, the response to earthly suffering. 

Keywords: [“work”,”class”,”Marx”]
Source: https://www.allaboutphilosophy.org/what-is-marxism-faq.htm

J.R.’s Zaphne Blog News for 02-02-2018

Corbyn’s Labour Party Will Deliver A Fairer, More Compassionate Britain

Britain’s Labour Party led by Jeremy Corbyn has now emphatically signalled that they will do just that. Actually, free-market is a misnomer; a more accurate name would be crony capitalism, where corporate profits are privatised and losses are socialised. On the one side we have free-market economics espoused by the Tories where the market is king and can do no wrong. On the other we have Labour saying we don’t agree, the market is not working fairly for the majority of our citizens and we will take action to correct that. The mantra of the Labour Party “For the many, not the few” is resonating with an increasing number of our citizens in spite of most mainstream media going into overdrive to smear Jeremy Corbyn and frighten the people. I am a member of the Green Party; I find the direction of travel of Corbyn’s Labour party and its policies music to my ears. I would have liked to see more emphasis on environmental protection; we need to protect our environment as well as our workers. Greater commitment to renewable energy to combat climate change would also enhance Labour’s progressive policies. Jeremy Corbyn has made the Labour party more democratic – now he needs to take the next step to make the country’s electoral system more representative of the nation’s views. I hope Labour who are considering the issue will endorse some form of PR with the caveat “Of maintaining the constituency link” as Jeremy Corbyn puts it. Until that happens why not embrace a progressive alliance to ensure that a dogma driven Tory party will not govern Britain in the future. The country has had enough of the Tories’ free-market economics and it is looking forward to a fairer, more caring Britain led by Corbyn’s Labour Party, supported by the country’s progressives.

Keywords: [“Labour”,”Party”,”Corbyn”]
Source: http://www.huffingtonpost.co.uk/adnan-aldaini/jeremy-corbyn_b_18153710.html

Why Capitalism Is Just Shitbag Science

Pure capitalism is beginning to look really similar to pure feudalism. Capitalism as an economic system is essentially defined as the process of private expropriation of public wealth. Ironically, defining capitalism for what it is has you thinking me perfectly barbaric. Surely, capitalism is the most just and fair distribution system of all time! No one could dream of a better, more equitable, more efficient, more beautiful social machinery than that which is spontaneously engineered by the invisible hand of the free market! Hardly capitalist in the traditional, value-producing sense, but nevertheless masterful in the new capitalist art of shitbag science. Between stints “Recuperating” from doing absolutely fuck all with their lives, these shitbirds outsource their financial obligations to wealth management firms and hedge funds who take their money and make hundreds of little gambles in an effort to make them more money. Capitalist shitbag science means the rationalizations for injustice never end. Now Capitalism has my neighbors spending most of their days driving to a job that I know pays them less than they need to feed their kids. This is the argument that because we have never quite achieved perfect capitalism, none of the consequences of contemporary capitalism are problems we should solve. Instead, we should think of society as on the mend, improving as we approach greater, purer capitalism. The endgame of capitalism would be the massive expropriation of the world’s resources into the hands of a few obscenely wealthy people, leaving the vast, vast majority of Earth’s denizens propertyless and without access to the necessities for life. Of course none of that is happening now because we have yet to reach “Pure capitalism.”

Keywords: [“capitalism”,”live”,”money”]
Source: https://renegadeinc.com/why-capitalism-is-just-shitbag-science

Ruinous ‘Compassion’

A recent story in a San Francisco newspaper says that some restaurants and grocery stores in Oakland’s Chinatown have closed after the city’s minimum wage was raised. At an angry meeting between local small business owners and city officials, the local organization that had campaigned for the higher minimum wage was absent. It is not just the young who are affected when minimum wage rates are set according to the fashionable notions of third parties, with little or no regard for whether everyone is productive enough to be worth paying the minimum wage they set. Just look down the unemployment column for countries with unemployment rates around 25 percent. While you are there, you can look up the unemployment rate for Switzerland, which has no minimum wage law at all. Over the years, I have never seen the unemployment rate in Switzerland reach as high as 4 percent. In the United States, back in what liberals think of as the bad old days before there was a federal minimum wage law, the annual unemployment rate during Calvin Coolidge’s last four years as president ranged from a high of 4.2 percent to a low of 1.8 percent. Low-income minorities are often hardest hit by the unemployment that follows in the wake of minimum wage laws. The last year when the black unemployment rate was lower than the white unemployment rate was 1930, the last year before there was a federal minimum wage law. The following year, the Davis-Bacon Act of 1931 was passed, requiring minimum wages in the construction industry. Inflation had made the minimum wage law, passed ten years earlier, irrelevant. The annual unemployment rate for black teenagers has never been less than 20 percent in the past 50 years, and has ranged as high as over 50 percent.

Keywords: [“wage”,”minimum”,”unemployment”]
Source: http://capitalismmagazine.com/2015/03/ruinous-compassion