POLITICS Students Support Socialism... But ...

Correct. And it would not.

 

Also, you can't know that GPA is worthless as a metric based on everyone having one grade. That demands an assumption that the courses are all of appropriate difficulty and there is an equal distribution of skill level within the makeup of the students or at least some sort of a distribution. To definitively name GPA as the culprit in this discussion, you need both both mine and norris's positions to be impossible.

From a broader view, I do agree that GPA does not equal education obtained, but that is the measuring stick used.

 

OK. That doesn't equate to you making lots of money means I have less.

 

This also assumes that we only have a choice between complete socialism and complete capitalism. The reality has always been a mixed economy, just determining which areas should be dealt with in the public realm and which should remain private. It's why I hate the silly simplistic demonstrations like this one, which has been used forever.

 

Everyone has a 4.0? Class is too easy.

 

Bull shit

 

Please elaborate on the bold.

 

A lot of people view wealth as a zero sums game.

 

That's no true. The way to being an average American and being a millionaire is through index mutual funds.

If more people invested, it'd create more wealth opportunities and expanded economy.

Inflation is due to our monetary policy and is basically just a tax. We love to spend money and not pay for stuff as a nation, so we get higher inflation.

 

The more money Netflix made, the less money Blockbuster made.

 

I could probably be a millionaire, but it takes a lot of risk, and I'm not ready to risk everything I have to do it. I took the safe route, the steady job, with health care and a retirement. It's a choice that millionaires made at some point in their life, and it paid off.

 

One time I withdrew one million lei from an atm in Romania

 

But society got richer.

 

That has nothing to do with an individuals earnings. There is no correlation between the employee salaries of one over the other. The earnings of the employees would be similar to the earnings of their counterparts at the other company.

 

Jeff Bezos is millions of times more meritorious than most workers?

A 5 % ROI is more meritorious to someone who invested 1,000 dollars they got from an inheritance than the same ROI for a person who put in 500 bucks they saved themselves?

C'mon.

 

Oh. So why is a 15 dollar minimum wage so bad again?

 

Before this gets completely derailed, I just want to say again I just think the videos argument is questionable:

In theory, can everyone make a 4.0? Yes
Will they? Not likely to the point of "never"

Can everyone be a CEO making millions a year? No.
Will it happen? Obviously not.

If everyone was equally capable of making money and being a CEO, there would still not be everyone being a CEO. There is just not the number of CEO jobs available.

However, there are no limits to the number of 4.0 students a school can have.

That is my argument.

 

Are there any wealth people in your field; folks above you in the chain of command who earn $250K, $300K, $400K, $500K+ per year?

 

Because a bunch of people will get laid off and make $0/hr

 

I went to school with people who worked far harder for grades less than mine. No different than the labor force.