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Why is it that so many French people would rather riot than work?
For nearly a fortnight, French students repeatedly have taken to the streets in protest of a modest labor reform proposed by Prime Minister Dominique de Villepin. It seems that Mr. de Villepin had the audacity to suggest that companies hiring workers under the age of 26 have the ability to fire those workers in the first two years of employment. Mr. de Villepin's far-from-Draconian reform is a reaction to the country's government-planned entitlement state, overregulated labor laws and sky-high jobless rate.
...
Indeed, at the heart of the French problem is a statist-run socialist economy that is massively overtaxed and overregulated. France's public government sector, for instance, accounts for more than 50 percent of GDP. In other words, private business in France is in the minority.
Added to this, France's top personal tax rate is 48 percent, with a VAT tax of nearly 20 percent. So that means French laborers face a combined 68 percent tax rate on consumption and investment. No wonder France has created less than 3 million jobs over the past 20 years, compared to 31 million in the United States. Economic growth in "cowboy capitalist" America has exceeded that of France's worker paradise by nearly 50 percent.
Originally posted by DaFunk13
Socialism is not poison...poorly regulated socialism is poison.
However, capitalism, poorly regulated or other wise, seems to be poison as well. Should we eat the poor?
Originally posted by ElTiante
Capitalism at its core, it just a voluntary exchange between buyer and seller.
Originally posted by ElTiante
Socialism has failed every place it’s tried.
Originally posted by ElTiante
Huh? Socialism has failed every place it’s tried. It’s the most murderous ideology ever visited upon this planet.
Capitalism as a voluntary exchange between buyer and seller is fine provided there is no system of usury in place; This would ensure that money is simply used as a a medium for the exchange of value. Money should not be used, it cannot be used, to create money. But via interst, loans and fiat credit, we have turned this seemingly simple system of augmented barter into a collective fuedal nightmare
Originally posted by WithinyouWithoutyou
Capitalism as a voluntary exchange between buyer and seller is fine provided there is no system of usury in place; This would ensure that money is simply used as a a medium for the exchange of value. Money should not be used, it cannot be used, to create money. But via interst, loans and fiat credit, we have turned this seemingly simple system of augmented barter into a collective fuedal nightmare. We were set up to fail. Through spiralling debt, true wealth (i.e. land and natural resources, the mass media) and thus control is being funneled into the posession of the few, those with the power to create money and "credit". They are the elite, the ones who are truly at liberty save from their greed. They have alliegences to no nation; In fact they create and destroy nations as it suits their needs. They may do as they see fit, playing with the world while the rest of us goof off, a bunch of lowly pleebs, indentured permanently through our own ignorance.
Originally posted by jsobecky
Which Scandinavian countries are socialist? Norway, Sweden, and Denmark are all Constitutional Monarchies.
Originally posted by jsobecky
Which Scandanavian countries are socialist? Norway, Sweden and Denmark are all Constitutional Monarchies
Originally posted by DaFunk13
Socialism is not poison...poorly regulated socialism is poison.
However, capitalism, poorly regulated or other wise, seems to be poison as well. Should we eat the poor?
The CPE is a new work contract for under-26s with a two-year trial period. In that period, employers can terminate the contract without having to offer an explanation. *snip*
The government argued the measure would boost opportunities for young workers, many of whom can only find short-term contract work at best.
Some employers say they are reluctant to take on new staff because of the difficulties of firing them if they prove unsuitable or are no longer needed.
However, critics warned the new legislation could make it even harder for young people to find a permanent job, and it could be misused by larger employers.
Originally posted by ElTiante
France and the rest of Europe is in economic trouble.
Originally posted by ElTiante
Socialism is poison