You need to be logged in to your Sky Poker account above to post discussions and comments.
You might need to refresh your page afterwards.
morality capitalism and the rigged economy.
So in a post recently I mentioned about a local supermarket changing over from one brand to another and there been lots of cheap branded food going and getting 3 weeks worth of shopping for less then what one week would typically be.
I was ruthless in trying to grab everything for myself and girlfriend. so were the others that got there it was frenzy.
My girlfriend felt very wrong about it, she said there are a lot of people worse of then us and we did not need to do that, that I deprived people worse of then us.
Well we have not been rolling in it but then there are people who are skipping meals using food banks behind on their rent, and people who will just freeze this winter because they cant afford heating and none of that applies to us.
My girlfriend was like I am depriving those people but then the others who went to grab were they all people desperate or were many of them better of then us and just grabbing? In truth there is no way of knowing and it likely would have been a mixture.
Was I wrong to grab everything I could get in the frenzy instead of stepping aside and leaving it for others or am I just doing whats good for us (me and my partner)
when I get a job someone else does not get that job maybe they needed it more then me. When I play poker If I win someone else loses.
You cant get anything in the economy without others losing out.
So hypothetical say I was to win £800,000 or be given it inherit it or however I come into this money. £250,000/£300,000 would be the cost of a free hold house I am guessing.
So say that leaves me with owning a property outright and £500,000 left over if handled right I could use that money to never have to work again in my life. However how? I mean I could invest in property and have the rental income but then that exploits people who are struggling to live and have a roof over their head. Many people I know say making a living of other people struggling by been a landlord is immoral, is it? would it be wrong for me to do that? Say invest in a business other people are now showing up and working 40+ hours a week there but I just collect the profit and more of the income from that then they do, without even working at all.
outside of working for min wage and been exploited I cant really see a way how someone can have a passive income without exploiting others.
My stance is be as decent as you can within the system whilst looking out for yourself first, until or unless you reach the point where you no longer need to work then dedicate yourself to helping others. I dont know if that is a morally bad outlook though.
I was ruthless in trying to grab everything for myself and girlfriend. so were the others that got there it was frenzy.
My girlfriend felt very wrong about it, she said there are a lot of people worse of then us and we did not need to do that, that I deprived people worse of then us.
Well we have not been rolling in it but then there are people who are skipping meals using food banks behind on their rent, and people who will just freeze this winter because they cant afford heating and none of that applies to us.
My girlfriend was like I am depriving those people but then the others who went to grab were they all people desperate or were many of them better of then us and just grabbing? In truth there is no way of knowing and it likely would have been a mixture.
Was I wrong to grab everything I could get in the frenzy instead of stepping aside and leaving it for others or am I just doing whats good for us (me and my partner)
when I get a job someone else does not get that job maybe they needed it more then me. When I play poker If I win someone else loses.
You cant get anything in the economy without others losing out.
So hypothetical say I was to win £800,000 or be given it inherit it or however I come into this money. £250,000/£300,000 would be the cost of a free hold house I am guessing.
So say that leaves me with owning a property outright and £500,000 left over if handled right I could use that money to never have to work again in my life. However how? I mean I could invest in property and have the rental income but then that exploits people who are struggling to live and have a roof over their head. Many people I know say making a living of other people struggling by been a landlord is immoral, is it? would it be wrong for me to do that? Say invest in a business other people are now showing up and working 40+ hours a week there but I just collect the profit and more of the income from that then they do, without even working at all.
outside of working for min wage and been exploited I cant really see a way how someone can have a passive income without exploiting others.
My stance is be as decent as you can within the system whilst looking out for yourself first, until or unless you reach the point where you no longer need to work then dedicate yourself to helping others. I dont know if that is a morally bad outlook though.
Comments
Fulfilling a demand (offering a house to rent, say) is not exploitation, it's simply fulfilling a demand.
The entire commercial & industrial market exists to do exactly that - fulfil demand.
Exploitation is something altogether different.
I guess it is relative depends who you ask, if I was been paid £2 an hour in my job I assume you would call it exploitation?
however this is likely because that would be illegal due to been less then min wage.
If I am been paid £10.42 an hour the minimum wage an employee can legally pay someone in my age bracket, I assume you would say that is not exploitation that is just offering a job?
if the law was changed so that minimum wage was now £2 an hour would it be exploitation if my employer then paid me £2 an hour?
The reason I go there is just trying to determine what we are debating if we are going for a legal definition of exploitation then anything which is legal is not exploitation and not wrong.
I tend to think that the law is not my guide for what is right and wrong, its how you treat other people and the affect that your actions have on other people that makes something morally right or morally wrong to me.
Its no secret that I am anti religious, so it may surprise people to hear I strongly agree with some stuff said in the Quran, (no do not mistake this I am not a Muslim and I am anti any religion) I think interest is morally wrong. It lowers living standards for most and is exploitative.
So my stance on property is if I need to get a mortgage I have no choice but I am the one been exploited there not the one doing the exploitation.
If I get a loan to acquire an asset which then increases the demand for that asset pricing others out and then profiter of it I think that is exploitation and wrong.
Hence if I had come into the £800,000 in my example and bought a property with straight cash to rent out I would think that morally ok. If I got a buy to let mortgage I would see that as morally wrong.
I am not judging others who do this, dont hate the player hate the game so to speak.