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1. Socialism isn't regulation, its violent control of consumers and providers in order to provide favorable outcomes for those running it.
2.Capitalism isnt unregulated, Its regulated by actors freely associating in a marketplace and in accordance with property rights.
In capitalism, brand X cant use an all powerful govt agency to keep brand Y out the marketplace.
And if you don't like brand X, you purchase brand Y and if enough people agree, brand X goes out of business.
Also, brand X cant contaminate anyone elses land or water in making its product because it will be hauled into court and punished for it.
No one is running anything in a socialist system. Socialism simply means workers owning the means of production. The workers are owners of their own workplace.
It has nothing to do with government. Nothing to do with taxes.
In the real world we call that "stockholders". If the workers want to "own" the workplace, all they have to do is purchase stock. Other than that, your post is rubbish.
You miss the forest for the trees. They are both useless without the other and pure idealouges of either sort are dangerous. We've tried laissez faire caplitalism and it led to the robber barons, company towns and Sinclair Lewis exposing the corruption and inequity. Similarly, attempts at pure communism/socialism fail with autocrats and inequity.
Utter tomfoolery. Where do you come up with such bilge? Capitalism, and only capitalism, produces wealth, socialism doesn't as it lacks the requisite motivations outlined in the OP.
Exactly. The world is shades of gray not ever black and white.
Yes and no.
When it comes to capitalism vs socialism it's black and white, capitalism is good while socialism is bad. There's just no intelligent conversation to be had there.
That said, there's plenty of conversation to be had discussing specifics within a capitalist framework when it comes to how much regulation is proper to ensure free markets and how much of a burden the system can take with respect to social programs capitalism would pay for.
Utter tomfoolery. Where do you come up with such bilge? Capitalism, and only capitalism, produces wealth, socialism doesn't as it lacks the requisite motivations outlined in the OP.
Yes regulated capitalism with some socialist social policy thrown in the mix is the way to go. As we see because that's what we have and we have the greatest economy on earth. I'm at a loss as to what your objections are?
When it comes to capitalism vs socialism it's black and white, capitalism is good while socialism is bad. There's just no intelligent conversation to be had there.
That said, there's plenty of conversation to be had discussing specifics within a capitalist framework when it comes to how much regulation is proper to ensure free markets and how much of a burden the system can take with respect to social programs capitalism would pay for.
Laissez Faire capitalism isn't good in fact it's almost as bad as communism. Didn't you say that? That's the gray. I agree that a framework based on capitalism is far superior to one based on socialism. The proof is in the pudding.
Yes regulated capitalism with some socialist social policy thrown in the mix is the way to go. As we see because that's what we have and we have the greatest economy on earth. I'm at a loss as to what your objections are?
I object to the poverty that socialism always results in.
I object to the poverty that socialism always results in.
Wouldn't anyone?
But there's gonna be some level of poverty no matter you do. When you leave them to fend entirely for themselves you get third world slums. I don't want that in my country, do you?
Capitalism is the only system where people outside the top 1% can win....and by win I mean not starve. Literally everything else is awful. Now there can be discussion as to what type of capitalist system to use, but those who want to overthrow capitalism are advocating for mass murder and starvation because that's what you'll get literally every time.
Capitalism is only good for the top 10%
Quote:
Originally Posted by Open-D
Utter tomfoolery. Where do you come up with such bilge? Capitalism, and only capitalism, produces wealth, socialism doesn't as it lacks the requisite motivations outlined in the OP.
False. The first wealthy cities were created in Florence and Venice and then spread throughout Europe, that was in the 15th century. THERE WAS NO CAPITALISM.
Wealth is created through finance, production and trade. Capitalists in the West, with their big military and higher capital, attack others and prevent them from creating wealth. These are fact.
Its all decentralized. There is no strongman on the top to control anything, neither as a CEO nor as a politician or dictator.
Do you think the workers in Venezuela control the economy?
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