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All systems can be corrupted, though the free market is the least corruptible one. In a perfect world with perfect people, even communism would work. so in other words we should NEVER try it.
the biggest problem with capitalism is to avoid monopolies. which is why we have anti-trust laws. that's as good as it's going to get with humans. Good Luck!
No, it isn't likely to "fail", however, as we found in the late 1800's, unless somebody "intentionally" gets CONTROL of it, it WILL sabotage democracy!
They had a CHANCE at democracy in Russia. Capitalism, under a "strong leader" seized control. Now they have a few oligarchs, under a ruthless leader, who have a HUGE percentage of the Russian money, the leader is, arguably, the richest man in the world, and "the few" are billionaires! Trump LOVES (obviously), the concept. If HE is also successful there will be new meaning to today's question: "What's in YOUR wallet?"! (As well as "What happened to our democracy"?)!
No, it isn't likely to "fail", however, as we found in the late 1800's, unless somebody "intentionally" gets CONTROL of it, it WILL sabotage democracy!
They had a CHANCE at democracy in Russia. Capitalism, under a "strong leader" seized control. Now they have a few oligarchs, under a ruthless leader, who have a HUGE percentage of the Russian money, the leader is, arguably, the richest man in the world, and "the few" are billionaires! Trump LOVES (obviously), the concept. If HE is also successful there will be new meaning to today's question: "What's in YOUR wallet?"! (As well as "What happened to our democracy"?)!
GRANDPAW another day and you are off the rails. Babbling some incoherent nonsense.
Now GRANDPAW does your CNN and MSDNC not need capitalism for their ad money ???? You PARTY PARROTS are just tooooooooooooo stupid !
Bronto, it collapsed in 2008 you deranged imbecile. Governments had to pump trillions of dollars of taxpayer money into the banking system to avoid a worldwide catastrophe.
Even worse, senior executives of the company that decided to keep quiet about the oncoming collapse so they could rip their customers off with portfolios they knew were bad, now work for Donald Trump running the economy.
Bronto, it collapsed in 2008 you deranged imbecile. Governments had to pump trillions of dollars of taxpayer money into the banking system to avoid a worldwide catastrophe.
It still exists, which is the opposite of a collapse. The "housing crisis" is miniscule compared to what socialism has done to countries. The housing crisis was done in no time and now the US gdp is the highest in human history.
Of course it does, dummy. If you were a king and you had a choice between your kingdom collapsing or stealing trillions of dollars from your citizenry, what would YOU do?
The fact of the matter is that capitalism was saved from worldwide collapse by the very principle of socialism!! An accumulative effort by the people to generate wealth. And that wealth was then stolen by power to repair their own corrupt system. Let's see how long you can keep that bullshit going before your medieval system is overthrown, shall we?
Of course it does, dummy. If you were a king and you had a choice between your kingdom collapsing or stealing trillions of dollars from your citizenry, what would YOU do?
A liberal Marxist chose to bail out banks that didn't need bailed out. If the banks had crashed, the ones left and new ones would have formed and taken over.
Using taxes paid by people of of every class who work in a Capitalist system is the opposite of socialism.
Lmfao. No moron, collaborative tax is not the "opposite of socialism". It's the single most important fundamental principle that socialism is built upon, and it's the reason you always accuse socialists of "wanting to grab other people's money". Stop contradicting your own past rhetoric you lying swine.
I don't know why you even mentioned class Bronto, because in a socialist society the rich would see a MASSIVE TAX CUT.
Venezuela is Socialist.
No it isn't, dummy. Two thirds of its economy is in the private sector. You just keep repeating the same lies over and over again, like a broken Nazi record.
No moron, collaborative tax is not the "opposite of socialism". It's the single most important fundamental principle that socialism is built upon
Demonstrably false. Socialism is built on the government creating its own funds with its own means of production. Per Socialism, they would have had to have bailed themselves out without the citizenry involved. A Capitalist government taxing someone else's wealth from someone else's means of production is Capitalism.
Stop misapplying generic catchphrases like "demonstrably false" and "false equivalence" please. Thanks.
Socialism is built on the government creating its own funds with its own means of production.
Oh, so the government just creates funds out of thin air rather than through tax? That's nice. Thanks for demonstrating the fundamental principle of socialism is not really the fundamental principle of socialism.
This must be why you constantly accuse socialists of grabbing other people's money. Because the government creates funds out of thin air instead of through tax, right?
Per Socialism, they would have had to have bailed themselves out without the citizenry involved.
What the literal fuck?
Ahahahahaha! Bronto, you're hilarious. You're not a well man, are you?
"Demonstrably false" means that I can demonstrate that it is false.
But you can't demonstrate that it is false because it is not false. Hence, you are misapplying the phrase you are using. Furthermore, use of the phrase "demonstrably false" implies that you are about to prove it is false, and that didn't happen either.
Oh, so the government just creates funds out of thin air rather than through tax?
You must have ignored the part about taxing capitalists...
Or perhaps your favorite pet is reading it to you.
This must be why you constantly accuse socialists of grabbing other people's money. Because the government creates funds out of thin air instead of through tax, right?
You must have ignored the part about taxing capitalists.
I did? Oh, so you're saying the socialist government in the socialist society supports itself by taxing capitalists who no longer exist? Thanks for clearing that up for us, Bronto.
I did? Oh, so you're saying the socialist government in the socialist society supports itself by taxing capitalists who no longer exist? Thanks for clearing that up for us, Bronto.
Don't understand the basics of socialism do you Nom
Oh, so you're saying the socialist government in the socialist society supports itself by taxing capitalists who no longer exist? Thanks for clearing that up for us, Bronto.
socialism noun
so·cial·ism | \ˈsō-shə-ˌli-zəm \
Definition of socialism
1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2a : a system of society or group living in which there is no private property
b : a system or condition of society in which the means of production are owned and controlled by the state
If the state doesn't own the means of production, and doesn't create funds from its own means of production, that isn't socialism line for line, by definition. Taxing my means of production is the opposite of socialism.
You seem to have vanished Bronto. I hope you have not fallen ill.
I just wanted your opinion on this particular little nugget, given that you very obviously are the most honest person in the entire world.
In order to measure the degree to which different states reflect socialist principles, we determined state expenditures and state GDP as the best indicators because socialist states tax and spend a higher percentage of their GDP.
Per Socialism, they would have had to have bailed themselves out without the citizenry involved.
What the literal fuck?
-
socialism noun
so·cial·ism | \ˈsō-shə-ˌli-zəm \
Definition of socialism
1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2a : a system of society or group living in which there is no private property
b : a system or condition of society in which the means of production are owned and controlled by the state
If the state doesn't own the means of production, and doesn't create funds from its own means of production, that isn't socialism line for line, by definition. Taxing my means of production is the opposite of socialism.
1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
2a : a system of society or group living in which there is no private property
b : a system or condition of society in which the means of production are owned and controlled by the state
Hi Bronto. Thanks for the definition. Can you point us to the part where it says people aren't taxed? Thanks.
Sorry to disappoint you Bronto, but when you make any claim then it most certainly is your responsibility to prove it. This is the way the law works, so it's the way I work too. Your way is the opposite way, or Nazism, for short.
Even worse, senior executives of the company that decided to keep quiet about the oncoming collapse so they could rip their customers off with portfolios they knew were bad, now work for Donald Trump running the economy.
The gdp is through the roof. The DOW has jumped 8,800 points since he became President, wage growth is at 3.1%, and unemployment is the lowest in decades.
According to the most untrustworthy, dishonest people currently living on planet Earth. The fact is that you were selling this same story that everything was great even as the last recession was actually happening!!
Nothing the alt-Reich says can be trusted. Your Fuhrer is up to an average of 30 lies per day according to the Washington Post. You fascist twits actually value dishonesty so much as a life skill that you practice it in front of the mirror every day.
Economists determine what our gdp is, not Trump. Are you off the meds again?
That’s why economists have come up with an adjustment for inflation to arrive at an economy’s real GDP, rather than its nominal GDP. By adjusting the output in any given year for inflation so that it reflects the price levels that prevailed in a reference year, called “the base year,” economists adjust for the inflation effect. This way, it is possible to compare a country’s GDP from one year to another and see if there is any real growth.
