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too much consumption is greed though, as it merely becomes consumption for the sake of consumption and status.
Someone must work long hours at low pay, to create the 5 phones for the young rich boy, who will only discard 4 of them when he becomes bored of his toys.
This is unproductive work, and creates a subservient class, and the next generation of idle aristocrats.
???
It's called someone needs to form a union and needs to put in labor laws but at the moment places with cheap labor(china don't want to do that else their labor won't be so cheap).
Obviously, you can see how harmful propaganda and disinformation are. You are being lied to, and because you are being lied to, you cannot see the Truth, and as a result, you make bad decisions....like Obamacare.
Mircea
thanks for the good long post, and I only have time right now to look at this point.
Obamacare - bad?
how about fully socialised medicine that actually works - places like France, UK etc..
what is so wrong with that? (bearing in mind you can get private insurance as well if you so desire)
thanks for the good long post, and I only have time right now to look at this point.
Obamacare - bad?
how about fully socialised medicine that actually works - places like France, UK etc..
what is so wrong with that? (bearing in mind you can get private insurance as well if you so desire)
Actually I like the idea of socialized medicine, and think it would help the US. The only trouble is the taxes it consumes can limit growth in other areas. However I don't think the free market works for all things. Certain things are natural monopolies, other things just don't shop well (i.e. Healthcare).
If health care were like restaurants they would run the gambit from fast food to fine dining. Sit-down family dinners to themed franchises. You could just about find a meal for almost any money level. However with healthcare you can't compare prices very easy(i.e. Price discovery). You can't easily do with less/without or substitute and private insurance needs to make a profit(and thus cannot handle the worse of the worse).
Your digestive system is full of parasites called probiotic flora, and you can't live without them.
Mitt Romney is a parasite who lives off the American people to the tune of about $25-million a year, seeming to do the hosts little or no visible harm. In fact, look at all the gratitude the hosts show him in return.
Communism - much criticised by the Western countries but could it work given the right situation?
People say that if there is no incentive then no-one will work - but surely that is wrong.
Agreed, people may work less but they would still need to earn their pay check.
I imagine some kind of wage and price controls would be needed, and some limitations on freedom, but what are the main problems in stopping it from working?
All big industries could be nationalised and the smaller ones would have to abide by specific regulations - ie: laws against hoarding , speculating, and wages etc..
What will go wrong here?
any ideas, thanks
I see a lot of people are referring to the Soviet Union here in response, but there was no "communism" there, really, - by their own definition it was socialism. The motto of socialism is "from everyone according to their abilities, to everyone - according to their labor." The motto of communism was "from everyone according to their abilities, to everyone - according to their needs."
Which is really an utopia ( try to satisfy everyone's needs and particularly try to identify what "needs" are, and how they differ from "wants" in every person.)
So back to the socialism in the Soviet Union - the biggest problem there was not actually an economy ( that could be fixed and tweaked,) but ideology. It was so rigid, that after the initial success of the first stage ( ie. massive industrialization of mostly agrarian country) and in spite of all the victims of that industrialization, they could definitely do much better after they've won the WWII. But even such simple thing as allowance of the private sector in light industry/ food-processing industry/ service industry, which would have greatly boosted the economy and alleviated shortages, the ideology wouldn't allow the hired labor ( ie hired by private business) to exist, since profits made by the owner of a company with hired labor would have been already considered exploitation by Soviet standards. That was one of the biggest drawbacks, along with suppression of talented individuals, who were often left out of promotions, since they were deemed not "trustworthy" from ideological point of view by the party bosses.
So basically the ideology that was a positive factor on the initial stages, became the destructive factor on the later stages, although of course for such country as Russia, ( that was basically in semi-colonial situation before the October revolution) socialist economy had its own advantages.
However with healthcare you can't compare prices very easy(i.e. Price discovery).
You mean when someone is having a heart attack, seriously injured from a car crash, or hysterical over a serious diagnosis; they do not go shopping around for doctors like they do a car?
Your digestive system is full of parasites called probiotic flora, and you can't live without them.
Mitt Romney is a parasite who lives off the American people to the tune of about $25-million a year, seeming to do the hosts little or no visible harm. In fact, look at all the gratitude the hosts show him in return.
Really? FIRST sentence "Parasitism is a type of non mutual relationship between organisms of different species where one organism, the parasite, benefits at the expense of the other, the host."
You mean when someone is having a heart attack, seriously injured from a car crash, or hysterical over a serious diagnosis; they do not go shopping around for doctors like they do a car?
Yeap, but even when they are not when is the last time a doctor put his fee for all his services where you could easily access them? Most they might do is put some of them up on a paper in his office. Not like a car where you can buy a newspaper or search the web and get some rough pricing information.
Communism - much criticised by the Western countries but could it work given the right situation?
People say that if there is no incentive then no-one will work - but surely that is wrong.
Agreed, people may work less but they would still need to earn their pay check.
I imagine some kind of wage and price controls would be needed, and some limitations on freedom, but what are the main problems in stopping it from working?
All big industries could be nationalised and the smaller ones would have to abide by specific regulations - ie: laws against hoarding , speculating, and wages etc..
What will go wrong here?
any ideas, thanks
Communism can never work because it goes against the most fundamental characteristics of human nature.
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, and I only have time right now to look at this point.
