just returned from occupylsx

[TW]Fox;20575363 said:
Isn't that just the law of diminishing returns? If the bottom fifth earn almost nothing it's really quite easy for the income to rise by 122%. But then once the bottom fifth actually earns an amount of money they can live on, buy cars on and get cable TV on, then massive percentage gains in income became less easy to acheive.

It's just logic, right?

This whole top 1% thing is just irrelevent. The sample size is too small - well, its 1% - therefore it will be filled with the elite who have the capital to invest in huge projects/investments etc. If you have a sample size of 1 person and he doubles his money in an investment then wow, look how well he's doing compared to everyone else. It's just daft and pointless numbers.

And lets face it, we are all the 1% when compared with the entire planets population..
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Graphs of the data this were taken from are here; http://www.nytimes.com/imagepages/2011/09/04/opinion/04reich-graphic.html

You can see that % wise income gains for all classes were broadly equal, with the lowest 5th increasing most and the highest 5th increasing least.

The graph also shows fairly abruptly where income increases stopped tracking productivity, which suggests against your idea of diminishing returns.

Again, too, it's not just about capital and wealth. Money, and with that money comes power, are collecting towards the top. Look at the recent issue with Adam Werrity and lobbying of MPs, or the all too familiar story of corporate lobbying in the US. The political and economic system is being gamed to consolidate the positions of those who have wealth and power.
I'm not talking shadowy cabals trying to take over the world or any of that other conspiracy nonsense. It's quite (ish) open, public and legal, the debate should be if as a broader society this is a system we want to see continue, are the benefits to those at the top really commensurate to what they put in?
 
Globul said:
:p On our bodies, did you know, your shampoos and shower gels have the same cleaning chemical in them as in your washing up liquid :o
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Mine doesn't

Tea Tree oil is awesome stuff - been used by aussies for over a century & issued to their troops in WW2.
 
SGCWill said:
I really do not understand this "99%" stuff?
bla bla bla
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I'm not defending the hippies but your post is very misguided, the vast majority of the supporters for this Occupy crap are in fact employed full time with a lesser number in part-time work and under 10% being students.
 
Globul said:
:p On our bodies, did you know, your shampoos and shower gels have the same cleaning chemical in them as in your washing up liquid :o



I haven't come across him before :o
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What's wrong with that? My washing up liquid gets my plates clean, so I don't mind it getting my skin clean...

He's a bit of a silly.
 
dowie said:
Mine doesn't

Tea Tree oil is awesome stuff - been used by aussies for over a century & issued to their troops in WW2.
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That's good then :D I love tea tree, its in my toner!

Ahleckz said:
What's wrong with that? My washing up liquid gets my plates clean, so I don't mind it getting my skin clean...

He's a bit of a silly.
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I shudder to think about it, I used to think I could never go without shower gel, but now I think about using washing up liquid on my skin and bleh

Ahhhh, okies, is he a bit like britboy?
 
To be fair the vision they have is pretty cool. Imagine being able to have loads of cool stuff, be wealthy yet not need to do much work? I can understand why they'd want that.

It's just amazing they are deluded enough to think it could happen :D
 
[TW]Fox;20575820 said:
To be fair the vision they have is pretty cool. Imagine being able to have loads of cool stuff, be wealthy yet not need to do much work? I can understand why they'd want that.

It's just amazing they are deluded enough to think it could happen :D
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But lets be honest here, where would we be if people only did what they were told was possible?
 
I'm tempted to camp there for a week just because I know it'll rile people on here :p
 
Every time I read a political thread here I'm filled with despair. I can but hope that the countries' population is more open-minded than this forum suggests - I know that those I meet in real life seem to be, so I can only assume it has something to do with computers, which doesn't make sense. Or more like all the Jeremy Clarkson wannabe's hanging out in motors.

Is attacking these people at every pitiable opportunity really constructive? They're all anti-capitalists/anarchists/dole scroungers/students (a cuss word around here, it seems)... They don't stay the night.. They don't have a complete solution so why listen... It seems like if someone says something you don't agree with so you'll call them fat? It's all one big smear campaign, nationally and with the vocal blues of the forum ganging up like a bunch of bullies.

Our world has been/is being flung in a direction none of us really chose, with excessive and disproportionate greed and to try and bring attention to this is worthy of being treated with contempt? Private banks have been irresponsibly printing and lending money they never had saddling the little folk with debt, enslaving with interest. Every new mortgage pushes up house prices and costs the next one more...

But anyway, I read the guardian rather than the mail, so I imagine I'll be written off as another of the unwashed. I'm sure all of you who are incensed by the idea of free speech and protests are the first to rely, when spouting your "send 'em home" vitriol, on "How can it be racist to suggest that immigration should be something we discuss?". Oh how hypocritical, that when someone else suggests debate and alternate thinking that they fall fowl of cheap character assassination.
 
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I was tempted to go see what it's like down there.

I however, remember how much stick I got for attending the march against cuts earlier this year :D
 
Xandos said:
Every time I read a political thread here I'm filled with despair. I can but hope that the countries' population is more open-minded than this forum suggests - I know that those I meet in real life seem to be, so I can only assume it has something to do with computers, which doesn't make sense. Or more like all the Jeremy Clarkson wannabe's hanging out in motors.

Is attacking these people at every pitiable opportunity really constructive? They're all anti-capitalists/anarchists/dole scroungers/students (a cuss word around here, it seems)... They don't stay the night.. They don't have a complete solution so why listen... It seems like if someone says something you don't agree with so you'll call them fat? It's all one big smear campaign, nationally and with the vocal blues of the forum ganging up like a bunch of bullies.

Our world has been/is being flung in a direction none of us really chose, with excessive and disproportionate greed and to try and bring attention to this is worthy of being treated with contempt? Private banks have been irresponsibly printing and lending money they never had saddling the little folk with debt, enslaving with interest. Every new mortgage pushes up house prices and costs the next one more...

But anyway, I read the guardian rather than the mail, so I imagine I'll be written off as another of the unwashed. I'm sure all of you who are incensed by the idea of free speech and protests are the first to rely, when spouting your "send 'em home" vitriol, on "How can it be racist to suggest that immigration should be something we discuss?". Oh how hypocritical, that when someone else suggests debate and alternate thinking that they fall fowl of cheap character assassination.
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It's perfectly possible to read the Guardian, defend free speech, abhor "send 'em home" vitriol, attack the racists on this forum and still believe that these protests are a nonsense.

I'm certainly not the only one who falls into this camp.
 
Ahleckz said:
It wasn't the banks which made people live beyond their needs, it was the people making that decision themselves.
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Quite. Why is it the banks fault that people maxed out credit cards to buy material goods etc?

The message at the heart of all this seems to be 'its always someone else's fault'.
 
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