How to stop or solve the poverty in the Philippines?

[unsay_ngalan_nimo]

@fool
what is the effect of hyperwage with our export industry sir? assuming it could lead to hyperinflation...

considering that there would be people who would be jobless as what Mr. Bentualn if the hyperwage is implemented wont it further the gap between the poor and the rich.. beacuse there would be people who have some and people who dont actually have some becasue they dotn have jobs... as what mr.bentulan said the efefcts of hyperwage is unemployment...

how many years will the economy stabilize after its implementation?

too risky i think...

[Tarmac]

Under a communist regime, everyone will be equal.

Equally poor.

The communist experiment failed with the collapse of the Soviet Union. What better proof that it is not the way to go?

[al1974]

@fool
what is the effect of hyperwage with our export industry sir? assuming it could lead to hyperinflation...

considering that there would be people who would be jobless as what Mr. Bentualn if the hyperwage is implemented wont it further the gap between the poor and the rich.. beacuse there would be people who have some and people who dont actually have some becasue they dotn have jobs... as what mr.bentulan said the efefcts of hyperwage is unemployment...

how many years will the economy stabilize after its implementation?

too risky i think...

There will not be any hyperinflation bro- most prices of our commodities- the imported ones- which are a whole lot are already at par with first world countries and some are even already more expensive. In the book- Hyperwage Theory, it mentions of asymptotic inflation- as far as my understanding is concerned, that means proces can only go up to a certain level.

With regards to export business, that does not comprise a large chunk of our economy. Except of course if we talk about the other export business- the exported labor force- the OFW. Also with Hyperwage, people will now have purchasing power- the lowest income earner can now afford- more demand of products will happen.

Anyway- to really explain the Hyperwage Theory, please read the ebook. I can not fully explain the beauty of it all with mere posts.

[foolonthehill]

60 days, thats the time it will take you to read the hYperwag4e book, if you want a short cut, read the :
- the first two chapters
- the last five chapters.

you comment "too risky" is pre-mature bec you havent read the book (the book was written so the argument will not go back and forth)

just try reading the above chapters (you can do it in 2 days)

@fool
what is the effect of hyperwage with our export industry sir? assuming it could lead to hyperinflation...

considering that there would be people who would be jobless as what Mr. Bentualn if the hyperwage is implemented wont it further the gap between the poor and the rich.. beacuse there would be people who have some and people who dont actually have some becasue they dotn have jobs... as what mr.bentulan said the efefcts of hyperwage is unemployment...

how many years will the economy stabilize after its implementation?

too risky i think...

[foolonthehill]

Tarmac,
you are wrong again
communism has never been equal and common sense will tell you it will never be bec,. acdg to bemtulan many times he said, "that is against human nature"

The party leaders enjoyed alll the power, the women, food the best in life.


Hyperwage does not all people are equally rich.

It simply means the poorest of the poor will have a better income stream. There will always be poor. A maids income of P20T per month will never be equal to the current congressman's "travel allowance alone" of P400T.

Under a communist regime, everyone will be equal.

Equally poor.

The communist experiment failed with the collapse of the Soviet Union. What better proof that it is not the way to go?

[foolonthehill]

Isnt it frustrating all these arguments have be foretold and anticipated by the author in the Hyperwage Book and all these posters of message never read it?

the authors have analyzed all possible angles, and arguments against hyperwage, and the more you ask questions, the more you realize that he has thought of 'everything'. the more you question his ideas, the more you realize how deep the book is.

Anyway- to really explain the Hyperwage Theory, please read the ebook. I can not fully explain the beauty of it all with mere posts.

[foolonthehill]

these are motherhood statements. useless.

How? Wrest away the political & economic control from the status quo thru a protracted People's war. Help & support the National Democratic Revolution. Implement the NDFP's 12 Point Program.

Program of the National Democratic Front of the Philippines

The NDFP's general program for national liberation and democracy seeks to provide a broad basis of unity for all social classes, sectors, groups and individual Filipinos here and abroad desirous of genuine national freedom and democracy, lasting peace and a progressive Philippines.

[foolonthehill]

Mr Tarmac,
you joined this debate with unfair accusations against hyperwage theory, and its foundations and its logic.

what i did was point out to you that your statements are "mere conclusions". not based on evidence, not based on logic, not based on common sense, not based on self-evident ideas.

Unfortunately, one particular individual on this thread manages to single-handedly stifle any meaningful discussion on the matter. Everything degenerates into insults.

[foolonthehill]

This questions has been asnwred:
1. In this thread
2. in the book
3. and answered again now.

the following countries have implemented hyperwage theory
1. Hong Kong
2. Singapore
3. Japan
4. Taiwan
5. Korea
6. USA
7. Canada
8. UK
9. Germany
10. France
11. Finland
12. Switzerland
13. Sweden
14. Australia
15. New Zealand
etc etc..

cant you see the ''cause and effect''?

Anyway about sa imu Hyperwage, sorry wala kaayu kabasa but question: naa naba nag implement ani nga system?

[foolonthehill]

your treatment of your maids is admirable BUT NOT sustainable on a nationwide basis.

It must be set by law so that all maids will have the same min. wage at P20T.

Then our economy will explode. All companies will benefit because they will have more sales.

We must not forget. bentulan said that businessess work on a "cost plus" basis. Meaning, whatever is the cost, the companies will simply add their profits, so they dont care how much is the selling price.

If you sell rice, whatver is your cost of acquisition, you simply add your profit, then you make money. Add add your profit on top.

This is called "cost plus"

If the janitors will be earning P30T, then LBC or Globe will just add their profit on top of that. ("cost plus")

So don't worry about the business whether they close or not. They won't.

Bec of the "cost plus"

I dont have a company to run but I employ 2 maids and giving them a salary of 2000 each. The maids serve only 4 person-me, my wife, my 2 sons-6yr old and 7yr old. Although gamay pa ila salary- free sila uli 2x a year and I give them pamasahe. They will also be getting a 13 month pay. I am planning to increase their salary this year and every year becasue I want to help them. I wanted to send them to school for free but they declined.