You’re seeing black and white in a gray world

@ScootaKuH That's a good point though.

Capitalism can be regulated too though, that's why people with high earnings get taxed more. The issue is with loopholes and manipulation which allows them to avoid getting taxed more. In this case he clearly used a loophole based on a clause in his contract.

Why should the government be involved in business? Everything they touch they make worse, not better. The only people who should even care about the ridiculous amount of money this asshat got paid are the investors. They have the power to punish the company for making bad decisions. You do not want government involved in anything other than law enforcement and protection of the citizenry. Head on over to Venezuela to see what happens when government control business. You know.... where people have had to eat their own pets because they are starving. The government is fat and happy though. Don't be a lemming.

@The_Sage

"Head on over to Venezuela to see what happens when government control business."
I live in Ireland, a country which has more regulations than America.

I can't say that I've ever had to eat one of my dogs to survive, tbh. In fact, I could probably stand to lose some weight. haha

Common sense regulations to stop corruption and give protections to workers isn't something to be afraid of, and won't transform a country into Venezuela. Lay off the coke.

@Question_Mark

These are the current countries with socialist policies

China
Denmark
Finland
Netherlands
Canada
Sweden
Norway
Ireland
New Zealand
Belgium

I know history well. And one of the things I DO know is that the ONLY times socialism fell apart is when a Tyrant was elected (which despite China's economy could be another casualty).

But before we get too much into it, do you know what a socialist actually is? And no I'm not asking that to be "smart" or "own". I'm asking because this way I'd know if it's worth having the conversation or not

@lodossrage

This is my definition. Correct me if I'm wrong.

Socialism: a political/social philosophy or government mandate to provide value in the form of goods/services to groups of people with no requirement for the recipients of these goods/service to provide any value or compensation in exchange for said goods/services.

@LOGICWINS

No that's not it.

Socialism is when basic country functions such as government, education, and medical are publicly owned and funded.

Normann. That is what logic is talking about. Socialism or communism what ever you want to call it, is indeed what cause poverty on epic levels.

Maybe we could keep cap, but regulate wealth proportions, something like, you can only make ten times, your lowest employee or something.

Thomas Jefferson talked about this a very very long time ago and could see it coming. But what do I know....

Question_Mark

If you mean getting things done than yes I do know. China brought 800 million peope from below poverty to upper and middle class. Railroads and roads connecting nations. What is working with democracy?

We have a health system build with grade we have a school system that is broken we have a congress that never gets anything done and just stick to party lines so please do tell me what good is democracy. This country is more divided right now than ever before. People are scared of the word socialism but end of the day countries under socialism are doing much better than countries with so called democracy

one of the largest democracies in the world India let's look at how bad they are managing minorities and their Farmers have been on strike for the past 6 Plus months. Their supreme Court judge told a rapist if he was willing to marry that girl then he won't have to go to jail this is democracy

Amazon not wanting union because it would give more freedom and rights to it's workers is that the definition of democracy?

Depends on how you define capitalism. If you refer to mix economies like most western countries yes I agree.

However fact is there is no completely capitalist countries. If the US is one then their military would be private owned and not publicly owned

If ou think captalism is working I dont have a lot to discuss with you.

Social Capitalism or Nordic Model.

It's what most industrialized nations practice now including Denmark, Switzerland, Australia, Sweden, and Canada. Pretty much all of these rank top 10 in general freedom (financial, education, rights, etc).

In fact, after the Great Depression of the 30s in the US, many of the same social programs were implemented that those countries currently have. In the last half-century, the US has slowly cut those programs out and increased spending on the military while deregulating economic entities. Give the fight between States and Federal government it's not easy to implement anything on a nationwide scale especially if it opposes what private companies want. Given Citizens United, these private companies can easily loophole their way into "donating" to politicians using Super PACS. These politicians then lie about giving actual tax cuts and give tax cuts to the rich for job promotion even though there is no evidence it actually works.

Basically, the money they use to make tax cuts is the same money they would use to pay for social programs and other regulation to keep people like this CEO from getting a stupidly high payout and base salary.

Question_Mark,

I would argue that capitalism with higher marginal taxes and certain sectors of the economy being off the table for capitalist interests by socializing them is an ideal system. Healthcare and public education would be great to socialize; the government is in a far better position to negotiate healthcare costs than insurance companies who are all too happy to deny coverage when you need it. With education, people would be inclined to attend public universities and, by virtue of capitalism and competition, the cost of enrollment at private universities will drop or provide much more in the way of scholarships.

That all said, there's no goddamn reason a CEO needs 200M as a payout. We're living in a world where Activision can recycle assets to cut costs, increase profits, and share that not with the actual creators who got their hands dirty, but the guy who sits in an office and continued to make anti-consumer decisions because the company gets richer, goodwill be damned. F*****g sickening. A 5M payout, I could understand. 8M is overly generous but not outright egregious. But 200M? Really? So you're telling me that he* (meaning no one else) was so valuable to the company that you're going to give him the money to buy 200 homes that cost $1M each?

I have to laugh at how bad this is. No one should be surprised if Kottick dies with his eyes open.

@lodossrage

On top of that Denmark and Norway are considered to be 2 of the happiest countries in the world with their current policies and their economy thriving. The only downside to their economies is the high taxes, but because the average worker there have livable wages and plenty of benefits they can tolerate it. They're clearly doing something right. America can learn from them.

https://pbs.twimg.com/media...

@lodossrage
This, there's plenty of countries that have predominately socialist policies that thrive (referring to your list), and it's always tyrants that screw everyone over, just like in capitalist countries. People only need to pay attention to history, I often recommend "how money destroys nations" to see how countries like Zimbabwe and Venezuela really ended up in the gutter, not the Sky news/American propaganda that often gets regurgitated.