Regional pilots shown in Capitalism movie
#41
The movie to me wasn't a political push for dem or rep, it was a simple analysis of the disappearing middle class, which is happening, how real people are losing their homes, and how company's are profiting off of other peoples misfortune.
Which is why I think everyone should see it since all it favors is the working class. The more informed everyone is, the smarter decisions we can all make.
Which is why I think everyone should see it since all it favors is the working class. The more informed everyone is, the smarter decisions we can all make.
#42
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Joined APC: Jan 2006
Posts: 199
The union can't just demand a certain level of pay or we'd all have it. The market is the market. The union does curtail things a bit, but it is still the result of supply/demand. There is a reason that all the regionals' first year pay are grouped around the 22-25/hr mark - that is what the market demands. In fact, in the current economy, I'd bet a slew of the furloughed guys would work for even less. Unemployment is running out, etc.
Pilot unions have been around for a long time now. Had they been doing their job in the world you describe, we'd all be getting paid much better right now.
Lastly, pilots do like to complain a lot. I haven't figured out what it is all about entirely. Even line holding FOs at majors complain about their six figure incomes. There aren't many other industries where you can merely be an employee (not holding a material ownership interest) and pull in over 6 figures. But the route to these jobs is getting longer and longer and longer and the total return on the career path is dropping.
Pilot unions have been around for a long time now. Had they been doing their job in the world you describe, we'd all be getting paid much better right now.
Lastly, pilots do like to complain a lot. I haven't figured out what it is all about entirely. Even line holding FOs at majors complain about their six figure incomes. There aren't many other industries where you can merely be an employee (not holding a material ownership interest) and pull in over 6 figures. But the route to these jobs is getting longer and longer and longer and the total return on the career path is dropping.
#43
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There tends to be a lot of "capitalism bashing" now as compared to five or ten years ago. Why is that? Perhaps because most people find capitalism just fine when they are doing just fine, but when things are not going the way they want, then most are quick to label capitalism as "evil". Here are my thoughts per this thread.
First, Michael Moore is most certainly a hypocrite. He criticizes capitalism for his perceived view of the system "exploiting" the little guy and gaining profitably in the process. Hmm, what is Michael Moore doing? He is profiting quite nicely by exploiting that same little guy for the sole purpose of a "documentary" about why capitalism is bad. Did it ever occur to Michael Moore that he is able to produce the films he does because of capitalism?
And how is the "little guy" who is victimized by "evil" capitalism being helped by Moore's film? Capitalism has benefited Moore very, very well. Just look at his waistline and it is easy to see he has no trouble putting food on his table.
Second, unions exist because of capitalism. How many powerful and successful unions do any of you see in Russia or China? Be careful what you wish for, especially if you think you want the government to come in and set the wages for you.
First, Michael Moore is most certainly a hypocrite. He criticizes capitalism for his perceived view of the system "exploiting" the little guy and gaining profitably in the process. Hmm, what is Michael Moore doing? He is profiting quite nicely by exploiting that same little guy for the sole purpose of a "documentary" about why capitalism is bad. Did it ever occur to Michael Moore that he is able to produce the films he does because of capitalism?
And how is the "little guy" who is victimized by "evil" capitalism being helped by Moore's film? Capitalism has benefited Moore very, very well. Just look at his waistline and it is easy to see he has no trouble putting food on his table.
Second, unions exist because of capitalism. How many powerful and successful unions do any of you see in Russia or China? Be careful what you wish for, especially if you think you want the government to come in and set the wages for you.
#45
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Joined APC: May 2006
Position: Jet Pilot
Posts: 797
The movie to me wasn't a political push for dem or rep, it was a simple analysis of the disappearing middle class, which is happening, how real people are losing their homes, and how company's are profiting off of other peoples misfortune.
Which is why I think everyone should see it since all it favors is the working class. The more informed everyone is, the smarter decisions we can all make.
Which is why I think everyone should see it since all it favors is the working class. The more informed everyone is, the smarter decisions we can all make.
it was a simple analysis of the disappearing middle class, which is happening
how real people are losing their homes
company's are profiting off of other peoples misfortune.
The more informed everyone is, the smarter decisions we can all make.
#46
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Joined APC: May 2006
Position: Jet Pilot
Posts: 797
I don't called it exploiting, he has employees himself and practices what he preaches. He is benefiting from hard work and putting out a product that people are willing to pay for. What he argues against is what capitalism, as defined by politicians and CEOs, is not really true democratic capitalism that they advertise to the American people. Why so many people buy into the thinking that they aren't, or someday will move out of, part of the dying middle class is beyond my comprehension. Union busting, deregulation, excessive debt on all levels are some of the biggest contributors to the decline in America and the people eat up the garbage that this system is good for us.
I don't called it exploiting
He is benefiting from hard work and putting out a product that people are willing to pay for.
What he argues against is what capitalism, as defined by politicians and CEOs, is not really true democratic capitalism that they advertise to the American people.
As far as "defined by politicians and CEO's", I think more so by the politicians. In a true market, with very little government interference (I don't mean lack of regs), unions would have the freedom to strike when deemed necessary. This is a capitalism tool as it allows both sides to bargain - negotiate with us until we agree or we withhold our services until you do. Eventually a balance is struck.
excessive debt on all levels
and the people eat up the garbage that this system is good for us.
#47
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Haven't seen the movie yet, but will. It would have been useful if he had mentioned that we are subject to the RLA and that's one reason we can't strike for living wages... Moore is very pro-Union and I'll bet that he might not have known about the relationship of the airlines to the RLA or he might have mentioned it.
I have written my congressman and asked him why we have to (1) be subject to the RLA and (2) if it might not be time to change our subjugation to our corporate masters via that arcane bit of legislation either through a rewrite or just letting us be like any other Union employees in the US.
in RE Congressman: crickets.
I have written my congressman and asked him why we have to (1) be subject to the RLA and (2) if it might not be time to change our subjugation to our corporate masters via that arcane bit of legislation either through a rewrite or just letting us be like any other Union employees in the US.
in RE Congressman: crickets.
#48
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Posts: 199
I think the term "garbage" is totally subjective in this context. The individual who migrates to America with no money, is able to open up a business and become a millionaire within 5 years would probably disagree with you. The system, as imperfect as it is, has worked for me and is much better than any type of socialist system. A big reason for that is because I know the only person looking out for me is me. While I am far from being a millionaire, I am very self-sufficient due in large part to capitalism and my attitude of not relying on anyone else for my own well-being. I'm not bragging, and I apologize if I sound like I am, but just wanted to share my reasons for why I feel like the system is the best system we have.
#49
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Posts: 199
The current economic crisis reminds me of high school American history. After the Civil War and Reconstruction, but before WWII - does anybody else remember it? Most people find history boring, and this period was possibly the most tedious of them all. No battles, no great social changes, just a repetative pattern of economic booms and busts. And a constant search for a means to control them. The gold standard, the silver standard, soft money, all were ultimately failed efforts to bring a semblance of order to a chaotic economic system.
It really wasn't until the Great Depression that a framework of a powerful central bank was created with enough leverage to push or pull the economy in roughly the desired direction. And a safely net was set up to catch some of those who could no longer provide for themselves.
If you build a powerful engine, but provide no mechanism to control its fuel flow what happens? It accelerates to its maximum capacity then burns out. The same thing happens in an unregulated economy. The history of Capitalism is nothing - nothing at all except a series of booms and busts. Long uninterrupted periods of steady growth are as alien to unconstrained capitalism as they are to 'perfect' Communism. The regulations put in place from the 30s to the 70s were dismantled from the 80s onward... and the biggest boom and the biggest bust ever followed in this decade.
So, in much fewer words, Capitalism requires strong regulation to work properly, in the broad interests of the many, as opposed to the narrow interests of the few. Without it you've got a high performance rocket engine, with a nasty habit of blowing up in your face.
It really wasn't until the Great Depression that a framework of a powerful central bank was created with enough leverage to push or pull the economy in roughly the desired direction. And a safely net was set up to catch some of those who could no longer provide for themselves.
If you build a powerful engine, but provide no mechanism to control its fuel flow what happens? It accelerates to its maximum capacity then burns out. The same thing happens in an unregulated economy. The history of Capitalism is nothing - nothing at all except a series of booms and busts. Long uninterrupted periods of steady growth are as alien to unconstrained capitalism as they are to 'perfect' Communism. The regulations put in place from the 30s to the 70s were dismantled from the 80s onward... and the biggest boom and the biggest bust ever followed in this decade.
So, in much fewer words, Capitalism requires strong regulation to work properly, in the broad interests of the many, as opposed to the narrow interests of the few. Without it you've got a high performance rocket engine, with a nasty habit of blowing up in your face.
#50
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Joined APC: May 2006
Position: Jet Pilot
Posts: 797
Perhaps garbage was too broad of a term, or I didn't specify what part of the system is garbage. What you have done, being self sufficient, working hard, making the right moves at the right time is true capitalism and I applaud you for your success. The garbage part is when a large bank takes excessive risks for short term profits and them comes crawling to the tax payer for a bailout when their bet doesn't pan out. The garbage part is when the top 1% now has more than the bottom 95% and implements predatory lending practices to the middle class, while at the same time taking away our power to unionize and strike. The banks have gotten too big and now they control EVERYTHING. I love true capitalism and I can't wait for the day when we actually have it here in the USA. The system is rigged.
Something I think needs to be changed is the "fine print" on a lot of documents. I think all of the print should be large font and clarified in plain English. A lot of people who make poor choices with regards to money usually do so because of the fine/small print.
I love true capitalism and I can't wait for the day when we actually have it here in the USA.
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