evil capitalism

[Quincy]

Where I live, there is a man who's CEO over the local hospital. He owns many apartment buildings and even radio stations in the city, as well, so he is quite the capitalist. Here's the catch, he takes care of his workforce. Even the dish washers in the cafeteria of his hospital? They get paid around $10 an hour, which is good for this area but they also get 100% free healthcare, as long as they use any of his facilities or associated physicians. His employees have great stock options, they get a bonus every 3 months (even the dishwashers) and for the weeks of Thanksgiving and Christmas his workforce gets free meals everyday in the cafeteria. Decent meals, too, featuring food like turkey or ham. Sounds great right? He isn't an evil capitalist by any means and his way of running his business is proof enough of what I posted working. His hospital wins hospital of the year awards for the region every year, because his workers actually care about the place and enjoy their jobs there.

Yet his m.o. makes ultra-capitalists angry and nervous. Why is that? Because they're more in the business of class warfare and continuing the schism. They don't care so much about providing opportunity and bettering the quality of life in their communities. Wait and see, one of these groupies for the rich thugs will reply to this and call the man I talked about a communist or some crap. RC hasn't pointed out one single capitalist entrepreneur that's doing exceptionally good for his people. She just wants us all to accept the huge divide between classes and appreciate the crumbs Scrooges throw at people.

 

[jgarden]

Philanthropy (from Greek φιλανθρωπία) etymologically means "love of humanity" in the sense of caring, nourishing, developing and enhancing "what it is to be human" on both the benefactors' (by identifying and exercising their values in giving and volunteering) and beneficiaries' (by benefiting) parts. The most conventional modern definition is "private initiatives, for public good, focusing on quality of life."

http://en.wikipedia.org/wiki/Philanthropy

How ironic that the 4 most generous philanthropists in America are all atheists who are donating their wealth without any expectations that it will secure them a place in Heaven.

1) Warren Buffett: - most charitable individual in the United States
- atheist, donated $40.785 billion to “health, education, humanitarian causes”

2) Ted Turner: - 2nd most charitable individual in the United States
- atheist, donated $37 billion

3) Bill & Melinda Gates: - 3rd most charitable individuals in the United States
- atheists, donated $27.602 billion to “global health and development, education”

4) George Soros: - 4th most charitable individual in the United States
- atheist, donated $6.936 billion to “open and democratic societies”

5) Andrew Carnegie: - gave away $7.2 billion as measured in today's dollars

 

[The Barbarian]

RC hasn't pointed out one single capitalist entrepreneur that's doing exceptionally good for his people.

Why Costco Is Crushing Walmart-Owned Sam's Club
Sam’s Club, the Walmart-owned purveyor of bulk toilet paper and ketchup, had a terrible last few months, the company announced Thursday. Meanwhile its competitor Costco is doing just fine.

Sales at Sam's Club stores open for a year or more fell 0.5 percent from a year ago in the just-ended fiscal first quarter, the company announced Thursday. The poor results come a few months after the chain laid off 2,300 workers.

Costco, in comparison, recently took home $457 million in profits, even as its quarterly results disappointed Wall Street expectations.

"The divergence from Costco is striking, because they're basically in the same business -- but apparently they're not in the same business," said Faye Landes, a senior research analyst at the Cowen Group, a financial services company. Sam's Club, said Landes, doesn't "seem to have it quite right."
http://www.huffingtonpost.com/2014/05/16/sams-club-vs-costco_n_5332306.html

Maybe it's this:
In a November 2010 report of data gathered by the job site CareerBliss.com, Costco employees gave the company "the highest ratings for salary, benefits and work-life balance."
Read more at http://www.snopes.com/politics/business/costcoceo.asp#L51JhY7acXtWcqxR.99

In my interview with Costco CFO Richard Galanti, he mentioned Jim Sinegal every couple of minutes, attributing the company's high wages to the CEO's personal values. CFO Galanti acknowledged having at times argued with his boss, urging him to curb Costco's generosity on health care. (Sinegal eventually agreed with him, reluctantly, in 2003 but insisted that care remain affordable to employees.)
Read more at http://www.snopes.com/politics/business/costcoceo.asp#L51JhY7acXtWcqxR.99

There's a huge difference in employee attitude at Costco, compared to Sam's. Being able to pay enough to attract better employees seems to be the difference.

 

[meshak]

I never said that being wealthy, in of itself, makes one immoral. Several important and, for the most part, godly people in the bible were wealthy. King David and Solomon for instance. However:

You need to know Jesus does not advocate being rich. Jesus says it is hard for rich to inherit God's kingdom.

so if you are wealthy, you ought to share it with poor and needy. There are plenty of them in the world.

This is Christian perspective.

 

[The Berean]

How ironic that the 4 most generous philanthropists in America are all atheists who are donating their wealth without any expectations that it will secure them a place in Heaven.

1) Warren Buffett: - most charitable individual in the United States
- atheist, donated $40.785 billion to “health, education, humanitarian causes”

2) Ted Turner: - 2nd most charitable individual in the United States
- atheist, donated $37 billion

3) Bill & Melinda Gates: - 3rd most charitable individuals in the United States
- atheists, donated $27.602 billion to “global health and development, education”

4) George Soros: - 4th most charitable individual in the United States
- atheist, donated $6.936 billion to “open and democratic societies”

5) Andrew Carnegie: - gave away $7.2 billion as measured in today's dollars

So this proves that atheists are better at stealing more money to become insanely wealthy?

 

[rocketman]

So this proves that atheists are better at stealing more money to become insanely wealthy?

Thats how I read it...

 

[The Berean]

Thats how I read it...

Ironically Carnegie wrote this:

"The amassing of wealth is one of the worse species of idolatry. No idol more debasing than the worship of money."

In 1889 Carnegie wrote an article called the Gospel of Wealth chastising and imploring the wealthy to use their wealth to help others.

Gospel of Wealth

 

[Quincy]

Why Costco Is Crushing Walmart-Owned Sam's Club
Sam’s Club, the Walmart-owned purveyor of bulk toilet paper and ketchup, had a terrible last few months, the company announced Thursday. Meanwhile its competitor Costco is doing just fine.

Sales at Sam's Club stores open for a year or more fell 0.5 percent from a year ago in the just-ended fiscal first quarter, the company announced Thursday. The poor results come a few months after the chain laid off 2,300 workers.

Costco, in comparison, recently took home $457 million in profits, even as its quarterly results disappointed Wall Street expectations.

"The divergence from Costco is striking, because they're basically in the same business -- but apparently they're not in the same business," said Faye Landes, a senior research analyst at the Cowen Group, a financial services company. Sam's Club, said Landes, doesn't "seem to have it quite right."
http://www.huffingtonpost.com/2014/05/16/sams-club-vs-costco_n_5332306.html

Maybe it's this:
In a November 2010 report of data gathered by the job site CareerBliss.com, Costco employees gave the company "the highest ratings for salary, benefits and work-life balance."
Read more at http://www.snopes.com/politics/business/costcoceo.asp#L51JhY7acXtWcqxR.99

In my interview with Costco CFO Richard Galanti, he mentioned Jim Sinegal every couple of minutes, attributing the company's high wages to the CEO's personal values. CFO Galanti acknowledged having at times argued with his boss, urging him to curb Costco's generosity on health care. (Sinegal eventually agreed with him, reluctantly, in 2003 but insisted that care remain affordable to employees.)
Read more at http://www.snopes.com/politics/business/costcoceo.asp#L51JhY7acXtWcqxR.99

There's a huge difference in employee attitude at Costco, compared to Sam's. Being able to pay enough to attract better employees seems to be the difference.

Great stuff. They deserve their success. Same with Hobby Lobby or any other place that pays substantially more than minimum wage. Good QoL keeps morale high and people who like their job take care of their workplace. Last time I went into a Sam's Club (or Walmart for that matter) many of the registers were unmanned and I couldn't find anyone. It looked like the managers were having the same problem.

All 2 dozen of them..... all making triple what their overworked associates get paid. They have that open door policy though (sad no one walks through it :crackup: )

 

[rocketman]

Ironically Carnegie wrote this:

"The amassing of wealth is one of the worse species of idolatry. No idol more debasing than the worship of money."

In 1889 Carnegie wrote an article called the Gospel of Wealth chastising and imploring the wealtyh to use their wealth to help others.

Gospel of Wealth

Yet the way that Carnegie treated his employees was deplorable, underpaid, less than acceptable safety conditions, etc. It was said that 20% of all deaths in Pittsburg were directly tied to his steel mills. He may have used his wealth to help others but, not the ones that made him wealthy it seems...the worker. I believe it was only his own guilt that pushed him to give away almost everything he made at his old age but, when he was young he was a tyrant robber baron of epic proportions.

http://www.economist.com/node/1559629

 

[PureX]

Seven Major Myths About The Poor



1. Poor people are lazy. In 2004, there was at least one adult with a job in 60 percent of families on food stamps that had both kids and a nondisabled, working-age adult.

2. If you're not officially poor, you're doing okay. The federal poverty line for a family of two parents and two children in 2012 was $23,283. Basic needs cost at least twice that in 615 of America's cities and regions.

3. Go to college, get out of poverty. In 2012, about 1.1 million people who made less than $25,000 a year, worked full time, and were heads of household had a bachelor's degree.

4. We're winning the war on poverty. The number of households with children living on less than $2 a day per person has grown 160 percent since 1996, to 1.65 million families in 2011.

5. The days of old ladies eating cat food are over. The share of elderly single women living in extreme poverty jumped 31 percent from 2011 to 2012.

6. The homeless are drunk street people. One in 45 kids in the United States experiences homelessness each year. In New York City alone, 22,000 children are homeless.

7. Handouts are bankrupting us. In 2012, total welfare funding was 0.47 percent of the federal budget.

 

[resodko]

Seven Major Myths About The Poor



1. Poor people are lazy.

all people are inherently lazy

it's genetic

2. If you're not officially poor, you're doing okay.

true, unless you buy into the advertising and think you want (or deserve) all the crap that makes being an american great :chuckle:

3. Go to college, get a degree in a field that's in demand, get out of poverty.

fixed that for you

4. We're winning the war on poverty.

read george will War on Poverty led to more dependence

5. The days of old ladies eating cat food are over.

cat food costs more than tuna

or ramen

doesn't have quite the same ring of pathos though, eh?

6. The homeless are drunk street people.

:duh:

7. Handouts are bankrupting us.

who says this? :idunno:

 

[republicanchick]

How ironic that the 4 most generous philanthropists in America are all atheists who are donating their wealth without any expectations that it will secure them a place in Heaven.

1) Warren Buffett: - most charitable individual in the United States
- atheist, donated $40.785 billion to “health, education, humanitarian causes”

2) Ted Turner: - 2nd most charitable individual in the United States
- atheist, donated $37 billion

3) Bill & Melinda Gates: - 3rd most charitable individuals in the United States
- atheists, donated $27.602 billion to “global health and development, education”

4) George Soros: - 4th most charitable individual in the United States
- atheist, donated $6.936 billion to “open and democratic societies”

5) Andrew Carnegie: - gave away $7.2 billion as measured in today's dollars

here is yet another liberal (redundancy alert) LIE!

(or half truth? But again, if you distort the truth enough, it becomes a bald face lie)

Oh, these atheists donated to "charity"?

here is the LIE in that

They donate to causes that DESTROY humans--putting the environment over human needs (trees instead of homes, etc)

and worst of all, putting, well, just about Anything over the lives of the unborn

Ted Turner probably donated a HUGE % of the above listed "charity" to Planned Barrenhood, that great promoter of baby torture and murder


I wish all liberals would move to their preferred lands: the communist countries, Russia, Cuba, etc


and leave us more normal folks to live in the USA unmolested



:wave::wave2:

 

[republicanchick]

Ironically Carnegie wrote this:

"The amassing of wealth is one of the worse species of idolatry. No idol more debasing than the worship of money."

In 1889 Carnegie wrote an article called the Gospel of Wealth chastising and imploring the wealthy to use their wealth to help others.

Gospel of Wealth

I think Jesus said something about those who do not profess to be [Christians] but who do what Christians are supposed to do anyway


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