Das Kapital for Whodey

Hey man, since you're struggling with socialism and Marx, I thought I'd help you out.

There's quite a good summary for you to start with:

https://de.m.wikipedia.org/wiki/Das_Kapital

Of course, I take it for granted you speak German.

You don't?

Dearly me. It's so I unlike me to overestimate you, yet here I am... doing it again.

Oh well.

It's people who live under socialism and Marxism that struggle, not Whodey.

@shavixmir said
Hey man, since you're struggling with socialism and Marx, I thought I'd help you out.

There's quite a good summary for you to start with:

https://de.m.wikipedia.org/wiki/Das_Kapital

Of course, I take it for granted you speak German.

You don't?

Dearly me. It's so I unlike me to overestimate you, yet here I am... doing it again.

Oh well.

@earl-of-trumps said
It's people who live under socialism and Marxism that struggle, not Whodey.

@KazetNagorra

I am not saying "all", Kaz. But I will tell you this, the economic misery will take hold eventually. Remember, the infrastructure such of duch countries was already established like it was in Russia before the revolution. And as time went along, it was clear that the "progressive" movement was going backwards and Russia/USSR could not even keep up with the maintenance. It takes time to destroy a nation's infrastructure but they will eventually.

@earl-of-trumps said
@KazetNagorra

I am not saying "all", Kaz. But I will tell you this, the economic misery will take hold eventually. Remember, the infrastructure such of duch countries was already established like it was in Russia before the revolution. And as time went along, it was clear that the "progressive" movement was going backwards and Russia/USSR could not even keep up with the maintenance. It takes time to destroy a nation's infrastructure but they will eventually.

@kazetnagorra said
When do you predict "the economic misery will take hold"?

@eladar said
You are already seeing banking problems in Europe, as well as many struggling economies like Italy, Spain and Greece.

But standard of living is relative. If everyone is poor then you do not know it. You figure that is just normal. Obviously you cannot take care of yourself so you need the government to take care of you.

As long as the US bails out the banks and pumps money into European economies with our military bases, Europe will be ok.

@kazetnagorra said
You think that "everyone is poor" in Norway, Denmark etc.?

@eladar said
I think the richer parts of Europe are sucking on the US tit by underspending on their defense budget and expecting the US to pay for everything.

As long as you think most people should be paid about 5 dollars an hour, of course nations like Norway are great. Since you do believe most people should make 5 dollars an hour, it appears great.

The typical worker earns a higher salary in Norway than in any other country in the world, with Norwegian wage earners taking home more than double the median per-capita global income, a Gallup survey of household incomes published on Tuesday has revealed.
The median income in Norway came out at just under 120,000 kroner per year ($19,300), according to Gallup, well ahead of a typical income of $18,630 in Sweden, the next highest earning country.

@KazetNagorra

Check out Switzerland. The article I saw said they bring home on average 84k.

For the US

Practical tax rate: 18%

Average pre-tax salary: $64,154

Average post-tax salary: $52,344

Netherlands

Practical tax rate: 41%

Average pre-tax salary: $51,669

Average post-tax salary: $30,562

@eladar said
@KazetNagorra

Check out Switzerland. The article I saw said they bring home on average 84k.

@kazetnagorra said
No, that's not the median per-capita household income, which is what was mentioned here. This survey didn't consider Switzerland, but it has a similar GDP to Norway, so the median income is probably comparable or slightly lower since Switzerland has more income inequality.

@eladar said

Kaz make sure you are talking post tax income.

@kazetnagorra said
That would be a misleading way of presenting the data, as Americans have more things to spend their post-tax income on than Norwegians, such as health care and education.