Capitalism Plus (drug, money, states, 2015)

[rebeldor]

Originally Posted by jojajn

Poverty = working a full time job yet unable to afford housing, food, and healthcare.

That's not poverty.

Poverty is what they have in many African countries and places like Bangladesh.

There is very little actual poverty in the US outside of the poorest Indian reservations.

[jojajn]

Originally Posted by rebeldor

That's not poverty.

Poverty is what they have in many African countries and places like Bangladesh.

There is very little actual poverty in the US outside of the poorest Indian reservations.

If one cannot support themself while working full time, do you consider that prosperity?

[Tonyafd]

Originally Posted by Retroit

Why is it that when liberals proclaim the greatness of socialism they always pick the handful of lily-white countries and never the dozens of black or brown countries? It’s surely not racism, is it?

The UN picked the countries.

[Tonyafd]

Originally Posted by michiganmoon

Isn't it ironic that you complain that conservative organizations are redefining the word socialist while you and Bill Maher misuse (aka redefine) the word socialist?

Socialism is:



https://www.merriam-webster.com/dictionary/socialism

I can move to any of those countries and privately open up my own means of production or means of distribution for just about anything. In fact, some of those countries are rated as being more friendly to private business than the US.

We are in agreement on the word socialist. Why argue?

[Tonyafd]

Originally Posted by jojajn

Just happen to have one for ya.


Attachment 209564

Good find. What stuns me is that the tax rate is almost the same.

[Tonyafd]

Originally Posted by Elliott_CA

There are no successful 100% pure capitalist countries. Pure capitalism is inherently unstable as it lurches from boom to bust and boom again. Unregulated banks and business, left to their own devices, always get greedy during boom times and get overextended on credit, until the inevitable crash that wipes everyone out.

The only proven successful economic system is the mixed economy: market-based economy with government regulation, government participation in the market, and a social safety net. All of the world's best economies are mixed economies, every single one. Pure capitalism, pure socialism, and pure communism are theoretical constructs that don't work in the real world.

Agreed!

[rebeldor]

Originally Posted by jojajn

If one cannot support themself while working full time, do you consider that prosperity?

It's certainly prosperous compared to poor countries.

[Elliott_CA]

Originally Posted by lifeexplorer

Except every boom and bust was caused by government regulations.

That isn't true. The United States had a small government and unregulated banks in the 1800's and the economy went through numerous booms, busts, panics and depressions. The Roaring 20's were a time of laissez faire, when Coolidge said the "the business of government is business," and unregulated credit and borrowing was a major contributor to the Great Depression.

[jojajn]

Originally Posted by rebeldor

It's certainly prosperous compared to poor countries.

That is the bar you are using to measure prosperity in the US? "At least we are doing somewhat better than Bangladesh?"

[lifeexplorer]

Originally Posted by jojajn

poverty = working a full time job yet unable to afford housing, food, and healthcare.

lol!!!