Abandon capitalism: Numsa

http://mybroadband.co.za/vb/attachme...3&d=1393761843

The National Union of Metalworkers of SA on Sunday called for capitalism to be abandoned saying it had failed South Africans.

"We at Numsa have no illusion that only a total destruction of capitalism and all it represents, can save the earth and give birth to a new civilisation," Irvin Jim told reporters in Johannesburg.

Jim said capitalism was imported by colonialism.

"The SA capitalist state did not emerge as a result...read more here: Abandon capitalism: Numsa

Unions... Meh... bunch of mafia holding the country at ransom when their masters says so or at their [self enrichment] whims.

Animal Farm for real, thats all im gonna say

Oh man the same story every time cant they be a bit more original.Don't blame the system blame the people running the system.

Though there does need to be some sort of mix of capitalism and socialism, the very rich should contribute a bit more to the country and to help out the poor.

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Originally Posted by addam

Though there does need to be some sort of mix of capitalism and socialism, the very rich should contribute a bit more to the country and to help out the poor.

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Bullshit. If someone has earned their wealth (Not inherited), no matter the amount, then they have sole rights to it. Period. If someone cannot make it as big as some rich people then it's their own damn fault and they shouldn't claim "inability rights" because they feel the rich person must support them.

But I will say that if you are rich you should sow some of that wealth into other people's lives and help out the less fortunate, but it should be out of your own volition and not because you're forced to.

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Originally Posted by Duke Dude

Bullshit. If someone has earned their wealth (Not inherited), no matter the amount, then they have sole rights to it. Period. If someone cannot make it as big as some rich people then it's their own damn fault and they shouldn't claim "inability rights" because they feel the rich person must support them.

But I will say that if you are rich you should sow some of that wealth into other people's lives and help out the less fortunate, but it should be out of your own volition and not because you're forced to.

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So you're saying the people who have $70-80 billion dollars should be required to do nothing to help the poor? I'm not talking about middle class, talking about poverty stricken people who have no money, no home, no education and cannot find a job. Honestly helping them would be a drop in the ocean to some of the mega rich.

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Originally Posted by addam

So you're saying the people who have $70-80 billion dollars should be required to do nothing to help the poor? I'm not talking about middle class, talking about poverty stricken people who have no money, no home, no education and cannot find a job. Honestly helping them would be a drop in the ocean to some of the mega rich.

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That's what taxes are for "whistling:

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Originally Posted by addam

So you're saying the people who have $70-80 billion dollars should be required to do nothing to help the poor? I'm not talking about middle class, talking about poverty stricken people who have no money, no home, no education and cannot find a job. Honestly helping them would be a drop in the ocean to some of the mega rich.

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Originally Posted by Ike_009

That's what taxes are for "whistling:

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This.

We all pay taxes to have the country operate in the black. If a government is corrupt and steals all that money then it's not the rich's fault. In any case you will find the rich paying more taxes then you ever will because they all run successful companies in one form or another (Not talking about actors or singers etc...) and they get taxed on all that revenue. So really, the rich are the backbone of every capitalist country.

And the rich should help poverty stricken, but it must be of their own volition and not by law, otherwise all the money stolen from them means nothing.

Bill Gates is one of the richest men alive and helps out thousands of people in 3rd world Africa and other countries, but he does it because he wants to.

South Africa isn't even capitalist, technically, we're already socialist.

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Originally Posted by addam

Though there does need to be some sort of mix of capitalism and socialism, the very rich should contribute a bit more to the country and to help out the poor.

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You mean like paying more taxes? That already happens, the problem is that the government misuses / squanders / embezzles that money

Yeah, I guess the first thing we need is a non-corrupt government :p But I did read that the 25 richest people in the world collectively have as much money as the poorest 3.5 billion people in the world. I'm just saying if they maybe got taxed a bit more, and the government wasn't stealing the money, a lot could be done very quickly to lesson the gap between the rich and poor.

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Originally Posted by addam

Yeah, I guess the first thing we need is a non-corrupt government :p But I did read that the 25 richest people in the world collectively have as much money as the poorest 3.5 billion people in the world. I'm just saying if they maybe got taxed a bit more, and the government wasn't stealing the money, a lot could be done very quickly to lesson the gap between the rich and poor.

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The top 1% of the richest people on earth own 80% of the worlds natural wealth. That is true.

/Puts tinfoil hat on
You will also find that that 1% don't give a shit about other people and are pushing a globalist agenda, they're the ones that put people like Zuma in power.

Rich people in general though, your entrepreneurs and successful businessmen alike can't be put into that same category.

So I hear what you're saying, but it just wouldn't be fair to people who have worked hard for their millions/billions legit.

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Originally Posted by addam

Yeah, I guess the first thing we need is a non-corrupt government :p But I did read that the 25 richest people in the world collectively have as much money as the poorest 3.5 billion people in the world. I'm just saying if they maybe got taxed a bit more, and the government wasn't stealing the money, a lot could be done very quickly to lesson the gap between the rich and poor.

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The rich already get taxed at 40% and that's after their company is taxed at 28% so effectively from every R1 a self made businessman makes, he only gets R0.432 off it. Maybe we should lower our taxes and sort out our theft issues instead of throwing more money in government pockets

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Originally Posted by Ike_009

The rich already get taxed at 40% and that's after their company is taxed at 28% so effectively from every R1 a self made businessman makes, he only gets R0.432 off it. Maybe we should lower our taxes and sort out our theft issues instead of throwing more money in government pockets

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The amount of tax paid in total is beyond stupid, it doesn't encourage growth at all. It's a lot easier to set up a company in SA that somewhere like the US, but the charges that hit you here are worse.
You lose close on half of your net profit in tax. Corporate tax, wages tax, end of year tax etc... Tax tax tax tax tax...