If Communism/Extreme Socialism took over the world.....

[JMapleton]

I'm not referring to UK style socialism but I'm talking about extreme socialism where large amounts of private wealth are nearly outlawed and everyone is pretty much coerced into a life of middle class labor and employment.

Would you participate in it or would you live in the edge of society either as a thief or revolutionary or some other anti-society figure?

I couldn't image complying with the request of such a society's demands, where I do not have the ability to live out my ambitions and I am forced into a life of normalcy.

For those that support extreme socialism or Marxism, what do you do with people like me who refuse to comply or "work" in such a society. I do not wish to work for anyone else but myself or else I will not work, but I'd rather steal or live as a revolutionary.

 

[drebo]

coerced into a life of middle class labor and employment.

I think you're overshooting the mark a bit, here.

Waiting in bread lines for your daily rationing of bread, eggs, and cheese is far from "middle class".

For my money, though, I would go against the grain as much as possible.

 

[Genx87]

Heh I was about to say the same thing. Middle class? My sig says it best. There is a political elite and the poor in true socialist\communist countries.

 

[yllus]

LOL @ "anti-society figure". Okay there John Galt.

 

[palehorse]

Wolverines!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11111

 

[MJinZ]

Heh I was about to say the same thing. Middle class? My sig says it best. There is a political elite and the poor in true socialist\communist countries.

That pretty much describes the USA right now doesn't it..

 

[Genx87]

That pretty much describes the USA right now doesn't it..

Not really, our distribution of welath is much more broad. And we dont have bread lines.
Granted we are going down that path, but nowhere near it yet. I say give us 30 years when entitlements are kicked in and Obamacare has crumbled. Then the middle class will truely be squashed under taxation and inflation.

 

[JockoJohnson]

That pretty much describes the USA right now doesn't it..

Really? I consider myself middle class. I am far from poor. Not sure what your definition of poor is, though.

And by no means do I consider myself rich but there are definitely more than two classes of people in this country.

 

[JMapleton]

I think you're overshooting the mark a bit, here.

Waiting in bread lines for your daily rationing of bread, eggs, and cheese is far from "middle class".

For my money, though, I would go against the grain as much as possible.

Well I think the communist dream is that everyone would be lower middle class and have food on their plate, although not too many wasteful luxuries.

In reality, communism has produced nothing but poverty.

 

[MJinZ]

Really? I consider myself middle class. I am far from poor. Not sure what your definition of poor is, though.

And by no means do I consider myself rich but there are definitely more than two classes of people in this country.

Lol? My parents are middle-class. They own 2 houses and have networth in the millions.

I don't consider anyone middle-class until earn $75-$100K.

Which was maybe $50K 10 years ago.

 

[JMapleton]

Lol? My parents are middle-class. They own 2 houses and have networth in the millions.

I don't consider anyone middle-class until earn $75-$100K.

Which was maybe $50K 10 years ago.

If you have any significant wealth, you're not middle class.

Middle class traditionally has been equal with blue collar, but today people twist it and call themselves middle class just to feel included in the "save the middle class" crowd and because they feel embarrassed to call themselves upper class or upper middle class.

So the definition of middle class has doubled in 10 years? Why is that? Has the average income doubled in the last 10 years? Has the cost of goods? Ridiculous statement.

 

[Jaskalas]

Would you participate in it or would you live in the edge of society either as a thief or revolutionary or some other anti-society figure?

I couldn't image complying with the request of such a society's demands, where I do not have the ability to live out my ambitions and I am forced into a life of normalcy.

Would you honestly know any better if it was said society that educated you as a youth?

It's really a question of if a person born into societal slavery understands freedom.

 

[sandorski]

Protip: Communism Lost, making this exercise decades too late.

That said, if it had Won, most people would go along with it and be relatively happy about it. We are very adaptable that way.

 

[MJinZ]

If you have any significant wealth, you're not middle class.

Middle class traditionally has been equal with blue collar, but today people twist it and call themselves middle class just to feel included in the "save the middle class" crowd and because they feel embarrassed to call themselves upper class or upper middle class.

So the definition of middle class has doubled in 10 years? Why is that? Has the average income doubled in the last 10 years? Has the cost of goods? Ridiculous statement.

That wealth is just savings. They are tied into the equity of their homes and retirements funds.

They drive a Dodge Caravan and never buy anything, go out, or do anything basically except for a vacation a year, which they are forced to do because of time share they got roped into heh.

The pay check each month goes into mortgage, taxes, and bills.

I don't see how that can be anything other than middle class.

By the way, they only got where they are by not buying 7 for All Mankind Jeans, which are complete wastes of money. :sneaky:

 

[JMapleton]

That wealth is just savings. They are tied into the equity of their homes and retirements funds.

They drive a Dodge Caravan and never buy anything, go out, or do anything basically except for a vacation a year, which they are forced to do because of time share they got roped into heh.

The pay check each month goes into mortgage, taxes, and bills.

I don't see how that can be anything other than middle class.

Wealth is anything of significant value that can be liquidated.

What they have is wealth, plain and simple, no intelligent person would disagree.

Lifestyle does not equal your "class," it's about your net worth and income and any significant net worth can generate significant income. Furthermore, if you have any significant wealth, you must own something and this ownership puts in into the "ownership class."

I'm not anti-rich or anti-middle class or anti anything. But there nothing worse than rich (or upper class) people parading as middle class, that's one of my pet peeves. If you're rich, admit it. If you're poor, admit it.

If you even so much as have a million dollars in net worth you're not middle class, you're upper middle class at worst.

 

[JMapleton]

Protip: Communism Lost, making this exercise decades too late.

That said, if it had Won, most people would go along with it and be relatively happy about it. We are very adaptable that way.

Socialism is still alive and breeding however. Even in our own country.

 

[Nebor]

I'd be part of the organization that hunts down\punishes revolutionaries and non-worker anti-society types. That way I'd have an interesting job, plus I'd undoubtedly enjoy a better lifestyle than the average man due to my close affiliation with the government leadership.

 

[sandorski]

Socialism is still alive and breeding however. Even in our own country.

Fail.

 

[JMapleton]

Fail.

Don't respond to me unless you're willing to put up an argument.

I don't need another political troll wasting my time.

 

[MJinZ]

Wealth is anything of significant value that can be liquidated.

What they have is wealth, plain and simple, no intelligent person would disagree.

Lifestyle does not equal your "class," it's about your net worth and income and any significant net worth can generate significant income. Furthermore, if you have any significant wealth, you must own something and this ownership puts in into the "ownership class."

I'm not anti-rich or anti-middle class or anti anything. But there nothing worse than rich (or upper class) people parading as middle class, that's one of my pet peeves. If you're rich, admit it. If you're poor, admit it.

If you even so much as have a million dollars in net worth you're not middle class, you're upper middle class at worst.

Uh, not really. If they liquidate their holdings, they lose a significant amount of equity from this market.

And after that, they only have retirement, which they can not take our or use.

Rich is only being able to live richly, not merely being able save enough for your retirement.

 

[JMapleton]

Rich is only being able to live richly, not merely being able save enough for your retirement.

If they have millions as you claim, if they were intelligent investors they could live richly. It's easy to generate 10 percent yearly dividends these days with low risk. If you have 2 million you can generate $200k a year without working, which is pretty well off. I wouldn't call $200k a year without working "middle class."

 

[Thump553]

If they have millions as you claim, if they were intelligent investors they could live richly. It's easy to generate 10 percent yearly dividends these days with low risk. If you have 2 million you can generate $200k a year without working, which is pretty well off. I wouldn't call $200k a year without working "middle class."

Tell me specifically how to easily generate a 10% low risk return. Year over year ten percent would be a decent rate of return for something as risky as the stock market-way better than the S&P 500.

 

[JMapleton]

Tell me specifically how to easily generate a 10% low risk return. Year over year ten percent would be a decent rate of return for something as risky as the stock market-way better than the S&P 500.

I do not give investment recommendations and no one should act on my advice.

If I wanted to generate 10 percent yearly returns, publicly traded oil trusts are one way where the risk is quite low in my personal opinion.

http://finance.yahoo.com/news/Bargain-Hunters-Find-Big-indie-1876538792.html?x=0&.v=1

 

[JockoJohnson]

Lol? My parents are middle-class. They own 2 houses and have networth in the millions.

I don't consider anyone middle-class until earn $75-$100K.

Which was maybe $50K 10 years ago.

Good, I am middle-class by your definition. I feel so much better now that I fit into that category.

 

[MJinZ]

If they have millions as you claim, if they were intelligent investors they could live richly. It's easy to generate 10 percent yearly dividends these days with low risk. If you have 2 million you can generate $200k a year without working, which is pretty well off. I wouldn't call $200k a year without working "middle class."

Like I said, you can not invest MILLIONS OF REAL ESTATE & RETIREMENT FUNDs!!!!