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Re: Wealth
[Re: Danito]
#700880
03/04/13 08:39 AM
03/04/13 08:39 AM
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Joined: Aug 2012
Posts: 1,769 Massachusetts, USA
123JoeSchmo
Underboss
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Underboss
Joined: Aug 2012
Posts: 1,769
Massachusetts, USA
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We are a land of opportunity, not fairness. People don't seem to understand this Only with fairness comes opportunity. Not necessarily true. In America you have the right and opportunity to become who you want to be and what you want to do. But no ones giving it to you on a silver platter. I really hate that word "fair". Who the hell said life was fair? It's not, which is why you work to become successful
"Don't ever go against the family again. Ever"- Michael Corleone
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Re: Wealth
[Re: Sicilian Babe]
#700982
03/04/13 10:25 PM
03/04/13 10:25 PM
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Joined: Aug 2012
Posts: 1,769 Massachusetts, USA
123JoeSchmo
Underboss
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Underboss
Joined: Aug 2012
Posts: 1,769
Massachusetts, USA
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If President Obama has proved anything, it is that anyone can achieve anything they set their mind to in America. Obama's most certainly not the only one. Thousands of Americans before him proved that, including every German, Italian, English, Irish, Hispanic, Chinese, Japanese, Dominican, and Muslim immigrant that ever set foot here and made a better life for themselves.
"Don't ever go against the family again. Ever"- Michael Corleone
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Re: Wealth
[Re: Danito]
#701023
03/05/13 05:55 AM
03/05/13 05:55 AM
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Joined: Jan 2008
Posts: 5,325 MI
Lilo
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Joined: Jan 2008
Posts: 5,325
MI
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Compared to other similar industrialized economies, the US ranks relatively poorly in class/income mobility. http://www.epi.org/publication/usa-lags-peer-countries-mobility/And this inequality has been increasing much faster since the mid nineties. http://www.fas.org/sgp/crs/misc/R42400.pdf"As a percentage of national income, corporate profits stood at 14.2 percent in the third quarter of 2012, the largest share at any time since 1950, while the portion of income that went to employees was 61.7 percent, near its lowest point since 1966." http://www.nytimes.com/2013/03/04/busine...limps.html?_r=0
"When the snows fall and the white winds blow, the lone wolf dies but the pack survives." Winter is Coming
Now this is the Law of the Jungle—as old and as true as the sky; And the wolf that shall keep it may prosper, but the wolf that shall break it must die. As the creeper that girdles the tree-trunk, the Law runneth forward and back; For the strength of the Pack is the Wolf, and the strength of the Wolf is the Pack.
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Re: Wealth
[Re: Danito]
#701038
03/05/13 09:46 AM
03/05/13 09:46 AM
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Joined: Oct 2007
Posts: 1,718 Berlin, Germany
Danito
OP
Underboss
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OP
Underboss
Joined: Oct 2007
Posts: 1,718
Berlin, Germany
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Yes, mobility is the point. The Chinese government doesn't care at all about the well-being or opportunities for poor people. If you're born to a poor peasant, then that's probably what you're going to be as well. Here in Germany we have a problem with educational immobility (don't know how it's in the US). If your parents don't have a college education, you're very unlikely to have one either. This is very much a problem with the Turkish community. In East Germany (before the wall came down) the GINI coefficient was very low, income pretty equally distributed. A doctor had little more than a teacher who had little more than a worker. Educational opportunity was high, income opportunity was low. In the graph above we see that the country with the lowest GINI coefficient is Sweden, not a socialist country but a country with a strong social democrat tradition (I know for most of you it falls all in the same European BS-category  ). But as the example of Ingvar Kamprad (IKEA) shows, you can become a billionaire over there too. Now if you're born in one of the colored countries (you don't know whether you're born to a rich or a poor family) which color would you choose?
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