Riots in Tottenham, London! (NO RACIST COMMENTS)

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I wonder if the police has cameras with them? I assume they use them as standard for this kind of thing to stop any speculation of wrong doing if there isn't any.
 
hola_adios said:
I am all for the work hard, be creative and take risks and you will be rewarded. But, there are quite a few individuals/private companies who make their living from manipulating the economic system, I do not respect those.
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You're going to have to be more specific or give an example - I'm not sure what you're complaining about.
 
Dr Who said:
That is the answer everytime we talk about colonialism, well you need to look further into what we earned from Americas, India, Iranian Oil, blah blah.
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The European created the combustion engine. Without that, all the oil that the Middle East sits on would be virtually worthless. So you can thank the West for injecting huge amounts of wealth into the ME by buying their oil. Imagine what the ME would be without oil revenues.

Dr Who said:
Our businesses made huge amounts of money from pillaging natural resources and using near slave labour to get them.
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And they did not provide a service? Extracting oil to give countries the luxury of automobiles and clean water systems. The West has given these people quality of life lightyears beyond what they could create for themselves.

The workers were paid wages way above what they could have earned without these first world firms coming in.

There is no way you served in the British Armed Forces.
 
hola_adios said:
I am all for the work hard, be creative and take risks and you will be rewarded. But, there are quite a few individuals/private companies who make their living from manipulating the economic system, I do not respect those.
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Like short selling, dumping shares you don't own onto the market to drive the price down and then buying them back at a lower price to cover the call.

Banks have been making money out of nothing for decades and we have been paying for that through increased prices.

These are the kind of practices that make poor people angry, those struggling to bring up their families but finding it hard to make enough money to feed them or transport them around.

I would never condone the riots but you can see why people get into a poverty trap and become resentful enough to do such things while markey speculators (manipulators really) get richer and richer for making nothing.
 
Guile said:
The European created the combustion engine. Without that, all the oil that the Middle East sits on would be virtually worthless. So you can thank the West for injecting huge amounts of wealth into the ME by buying their oil. Imagine what the ME would be without oil revenues.



And they did not provide a service? Extracting oil to give countries the luxury of automobiles and clean water systems. The West has given these people quality of life lightyears beyond what they could create for themselves.

The workers were paid wages way above what they could have earned without these first world firms coming in.

There is no way you served in the British Armed Forces.
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You talk as though petrol is the only serious use for oil.
 
Guile said:
There is no way you served in the British Armed Forces.
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I was a Royal Naval Artificer I joined HMS Fisgard at Torpoint age 16 as an apprentice in 1981 So STFU.

Ah joined yesterday, no doubt a banned troll resubscribing, adding to ignore list.

Not gonna respond to the rest as it is clearly troll food.
 
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StriderX said:
True, but unfortunately society is dictated by jealously, simply because capitalism exists (though because certain banks thought it would be fun creating a plutonomy in the US we now all have to suffer for the blunder of "Crony" Capitalism).
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The problems seen with inequality are due to jealousy tied with a lack of morality, ethics and responsibility (often on all sides).

To have what others have should be a driver to improve your life, not a driver to forcibly take from others. Likewise a good, moral wealthy person should be looking at ensuring that their staff work for them because they want to, not because they are forced to.
 
Vonhelmet said:
How is income inequality a bad thing? Work harder, earn more, buy more stuff. Achievement unlocked. It's only a bad thing where you have a culture of people expecting - and sometimes getting - something for nothing. Cheap celebrity, greed and a culture of dependence on the state without any responsibility have created that sort of environment.
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How come more equal societies perform better on many things such as violent crime, mental health, teenage pregnancy rates, innovation, and plenty of others I've forgotten? The evidence is compelling - more income equality is better for everyone, even the very richest.

Don't take my word for it, take the word of the current Prime Minister:

David Cameron said:
...among the richest countries, it's the more unequal ones that do worse according to almost every quality of life indicator
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Vonhelmet said:
You're going to have to be more specific or give an example - I'm not sure what you're complaining about.
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You are misinterpreting the tone of my posts, and are acting obtuse, I do not have nothing to complain about. Financial market speculators, I think it was quite clear from my first post.
 
scorza said:
How come more equal societies perform better on many things such as violent crime, mental health, teenage pregnancy rates, innovation, and plenty of others I've forgotten? The evidence is compelling - more income equality is better for everyone, even the very richest.

Don't take my word for it, take the word of the current Prime Minister:
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But again, the suggestion that you can force equality on a country through the taxation system is well proven false already...
 
scorza said:
How come more equal societies perform better on many things such as violent crime, mental health, teenage pregnancy rates, innovation, and plenty of others I've forgotten? The evidence is compelling - more income equality is better for everyone, even the very richest.
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Strictly, IIRC, all but the top 0.1%, actually. So 99.9% of society doing better then.
 
Dolph said:
But again, the suggestion that you can force equality on a country through the taxation system is well proven false already...
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Oh please :rolleyes:

Firstly, there's no such evidence; secondly, no one is suggesting that taxation alone will do the job.
 
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