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Socialism doesn’t require the government to own everything.
Socialism is a governing model, not economic.
Look who falls for the propaganda now. There is a reason why the discipline was called political economy, until that is the the educational system was captured and the discipline was rebranded.
There is no way to distinguish the two. A market system is a system of government, just like the Neo-fuedalistic one you espouse.
It's no secret that those who take the greatest risk stand to reap the greatest reward.
How many billionaires go bankrupt? They aren't taking any risk at all. All the risks are borne by the working class employees who get laid off when Capital's leveraged buyout turns sour.
Quote:
Originally Posted by FatBob96
Capitalists want to keep what they earn.
Socialists want someone else to fund their laziness.
The whole point of investing capital is to get a return from other people's work. Profit is the unpaid wages of the working class.
Nobody on the planet is lazier than Capitalists. Grandsons of yesteryear's CEOs and politicians billing $400/hr for a lunch meeting at the golf course.
Quote:
Originally Posted by albert648
Also.....Too Big To Fail(TM) and bailouts were SOOOOO capitalist.
Unironically yes. Capitalists have all the wealth, so they own the government and use it to subsidize their losses and avoid risk while keeping the profits. Claiming you want to protect capitalism by shrinking government is asinine because the government itself is by capitalists, for capitalists. Capitalists stealing money for themselves isn't socialism. A capitalist government isn't socialist.
Look who falls for the propaganda now. There is a reason why the discipline was called political economy, until that is the the educational system was captured and the discipline was rebranded.
There is no way to distinguish the two. A market system is a system of government, just like the Neo-fuedalistic one you espouse.
You fail at basic grasps of market systems. Drink less koolaide
Socialism doesn’t require the government to own everything.
Socialism is a governing model, not economic.
Socialism doesn't require the government to own anything. It requires workers to own everything. Whether that is through worker co-ops or some strata of government is a question to be answered by the working class, depending on the situation. Banking functions seem like an obvious candidate for community control, for example, but companies don't particularly require government involvement any more than they do under capitalism. A socialist government could easily be smaller than our current capitalist government.
Socialism doesn't require the government to own anything. It requires workers to own everything. Whether that is through worker co-ops or some strata of government is a question to be answered by the working class, depending on the situation. Banking functions seem like an obvious candidate for community control, for example, but companies don't particularly require government involvement any more than they do under capitalism. A socialist government could easily be smaller than our current capitalist government.
Workers don’t need to own everything for socialism either. You’re confused with communism.
Workers don’t need to own everything for socialism either. You’re confused with communism.
"Workers own the means of production" is the fundamental principle of socialism. Whether it's ideally direct ownership or through worker-controlled government is an area for debate.
First, let me reiterate the definition of socialism. It is "collective (in practice, government) ownership of the means of production." The 'means of production' includes factories, farms, distribution, repair shops--anything that contributes towards putting goods and services in the hands of the end user.
It has proven a disastrous failure where ever tried, most recently in Venezuela, which has seen a massive diaspora after Hugo Chavez tried implementing socialism after winning election in 1998.
Yet according to this poll from Dec 6, 2021, 65% of American Democrats say they have a 'positive image' of socialism. That is a landslide number in today's context. It is up from 53% in 2010.
We already have socialism in America. The problem is that it's mainly geared towards helping the elites and large corporations.
When Walmart only pays minimum wage and their employees qualify for food stamps and Medicaid, that's socialism. That's VERY wealthy people at the top making a lot more money because the tax payers are helping cover the actual cost of their employees.
Personally, I'm mostly a free market guy when possible. If Walmart can't afford all of it's employees then it shouldn't have them. I read recently that a lot of fast-food restaurants are struggling to find employees too. I say that's fine. If they can't afford to pay their employees without public assistance, then we don't need a McDonalds on every street corner in my opinion. By the same token, individual people need to pull up their bootstraps and work hard if they want financial security.
That wasn't caused by capitalism. That was caused by corruption. It's REALLY important that you learn the difference, because corruption exists everywhere it can, and socialism gives bad people a veil to hide their corruption behind which doesn't exist with capitalism.
These kinds of fake arguments against capitalism almost always are actually against corruption, but people don't think about what they're told anymore, and just accept what sounds good.
THINK!!!
Exactly, and what caused the 2008 economic crash was the housing bubble burst due to government giving out home loans like candy. When government gets involved in the economy and messes up, the ripple is felt throughout the entire nation having a detrimental affect on the economy. When a business messes up, the ripple is absorbed by the free market.
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