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"Economic Justice" is what ?

Friday on my mind

Pain heals, chicks dig scars, Freeones lasts forever
I'm going to explain in simple words what "economic justice" sounds to me. Many will not agree, but life or truth or reality don't require consensus to be the way they are, it is the way it is. Economic justice, in simple terms, is killing the goose that lays the golden eggs because it's not fair that we have one and other people don't.

I disagree with what I think you are saying completely.It was when this country really became about having economic justice (at least for some people as discrimination still existed in many forms) after ww2 and saw the middle and bottom incomes rise at a faster rate then the top ones were was when we became a much strionger country with a lot more economic growth and strenght.

The fact that in the last few decades in america that trend was reversed and we saw middle and lower incomes stagnant or actually go down in real terms while upper ones were exploding (and the upper incomes got tax breaks as well) is not a good thing for anyone.We were much better off (including the people at the top,and many of them realize that) when we were growing more accross the board.

The country is not better off or stronger when the few benefit disproportionatly and we forget about what some are calling economic justice.In fact we forget economic justice enough and justice itself will be threatened.Let em eat cake ring a bell?
 

Hot Mega

I'm too lazy to set a usertitle.
I'm going to explain in simple words what "economic justice" sounds to me. Many will not agree, but life or truth or reality don't require consensus to be the way they are, it is the way it is. Economic justice, in simple terms, is killing the goose that lays the golden eggs because it's not fair that we have one and other people don't.

I think the question is a farce but since you seem to want to appear serious about a response from your perspective..seriously, why couldn't "economic justice" simply apply to the following;

The elimination of predatory lending practices by federally backed financial institutions which not only victimize the economicallly disadvantaged but shareholders who lose life savings in some cases for this behavior?

Closing of tax loopholes which allow some to play 3 card monte while others eventually make up for the shortfalls?

Or making sure the taxes we do pay are preventing from ending up down the waste, fraud and abuse toilet?

Or making sure some are paid what they're owed and not legally out-muscled by others with deeper pockets?

Those could be a couple of examples...
 

georges

Moderator
Staff member
Economic justice means assisting unwilling to work ghetto people, social help leechers as well as helping older detainees to be reinserted in the society this at the expense and the cost of honest hardworking citizens. You can thank obama for that kind of stupid policy.
 

Hot Mega

I'm too lazy to set a usertitle.
Economic justice means assisting unwilling to work ghetto people, social help leechers as well as helping older detainees to be reinserted in the society this at the expense and the cost of honest hardworking citizens. You can thank obama for that kind of stupid policy.

Or giving Haliburton billions in no-bid contracts because they were just so needy:rolleyes:
 

Ari Phoenix

I'm touching myself right now!
For me, it means everyone have the choice in careers or starting a business without the government interfering. For some, when you talk about socialism, it means that everyone gets the same of everything, which it never works that way, because the leaders and the elite still get more and better stuff.
 

historylover

My penis has a mind of his own.
I disagree with what I think you are saying completely.It was when this country really became about having economic justice (at least for some people as discrimination still existed in many forms) after ww2 and saw the middle and bottom incomes rise at a faster rate then the top ones were was when we became a much strionger country with a lot more economic growth and strenght.

The fact that in the last few decades in america that trend was reversed and we saw middle and lower incomes stagnant or actually go down in real terms while upper ones were exploding (and the upper incomes got tax breaks as well) is not a good thing for anyone.We were much better off (including the people at the top,and many of them realize that) when we were growing more accross the board.

The country is not better off or stronger when the few benefit disproportionatly and we forget about what some are calling economic justice.In fact we forget economic justice enough and justice itself will be threatened.Let em eat cake ring a bell?

I agree with Friday.

When did it become so very regular - even standard - to blame labor for the collapse of a corporation by stating that wages which they require to survive are too high?"Economic justice," to me, means the ability of someone to get their due from an economic system. If management is too simple or narrow to see past wall street while seeing Wall Street, theb they deserve less money. And those who offer loyal, consistently productive labor to a corporation deserve a wage above poverty line. Getting your economic due from what you're doing - that's Economic Justice.
 

Mighty Nomad

In love with my hand.
I agree with Friday.

When did it become so very regular - even standard - to blame labor for the collapse of a corporation by stating that wages which they require to survive are too high?"Economic justice," to me, means the ability of someone to get their due from an economic system. If management is too simple or narrow to see past wall street while seeing Wall Street, theb they deserve less money. And those who offer loyal, consistently productive labor to a corporation deserve a wage above poverty line. Getting your economic due from what you're doing - that's Economic Justice.

I don't think it was the wages that are the problem, but the retirement pensions and healthcare costs for people that are retired and not actively aiding in the production of the products. People are living longer lives, the market places is more global then it was many years ago, creating a lot more competition, when everything was put into place.

Kind of like social security now. Years ago several workers paying into the fund, funded one person drawing on social security benefits. As time goes on there are more people drawing on social security and ratio of those pay into it and those getting benefits is going down.

The whole situation really sucks and probably be very painful to fix.
 

Skyraider22

The One and Only Big Daddy
This is a classic example of pulling something completely out of context only to create some sort of quasi-*outrage*:dunno:

You have to be much more clarifying of the actual context. My first thought was the phrase was probably the title of 50cent's latest cd?:dunno:

I know what "Economic Justice" means to me:thefinger

I really thought rhat was funny Really new cd:1orglaugh :rofl:
 

Mrs Jolly

You can't have everything! Where would you put it?!
I first came to the states in 1993 and worked for a couple of years in Detriot. I was in production management. The company I worked for had an unofficial policy of never hiring anyone who worked for the big three whenever practicable. Not easy in that town at that time. The reasoning behind this was they were all massively overpaid with truly fantastic benefits and they expected the same treatment from you. (With a very mediocre output at best.) They would spend the first two weeks at work telling you how easy it was at the "other place" and that they were slowly working their way up the union seniority list so that they would eventually be above the boom and bust cycles and never have to set foot in your crappy little money making (still) company again.

This system of rewarding longevity above all else made no sense to me then and even less in the intervening years. Every single UAW decision was made with the aging ever more irrelevant long term workers in mind.


I clearly remember having a conversation with my boss about GM years ago and he said to me. "let me tell you all about undefended pension funds.............."
 

Facetious

Moderated
The real question is - Who's justice ? :1orglaugh

Right ? Everybody has a different interpretation of justice. :dunno:

Nope ! I don't like it Ms. Soto ! It's too vague and open ended. After all, there are 9 Justices with 9 slightly differing interpretations of The Constitution of the United States of America.



The other two trendy democratic political terms that chap me hide :1orglaugh. are :

"Environmental Justice" and "Social Justice".

Again, who's justice ?
 

titsrock

I'm too lazy to set a usertitle.
Again, who's justice ?

Answer: Yours.

There are things happening far above your pay grade, Face...

Would you like to wake up one morning and look like this?


Maybe then you'll be thankful that some of your fellow citizens were interested in the Environment:dunno:
 
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