What, exactly, is socialism? Again this discussion seems necessary.

Discussion in 'Economics & Trade' started by Kode, Aug 19, 2018.

  1. FreshAir

    FreshAir Well-Known Member Past Donor

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    Capitalism only works when the rich and powerful are not greedy - otherwise it's like monopoly and needs a reset every so often

    but to answer your question.... the more you participate, the better your standard of living

    How do you have capitalism when there is not enough good jobs?

     
    Last edited: Sep 19, 2019
  2. james M

    james M Banned

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    economic and social tend to be very closely related, obviously!! Capitalism grew out of Christianity. Jesus created the individual and the individual then created capitalism wherein you survive only by offering the best jobs and products possible. Now do you understand?
     
  3. james M

    james M Banned

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    capitalism prevents greed. If you are greedy your competitor wont be and he will drive you into bankruptcy. Econ 101 class one day one.
     
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  4. james M

    james M Banned

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    More Econ 101: supply equals demand in a capitalist economy. the supply of jobs and bananas equals the demand for them. Do you understand?
     
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  5. james M

    james M Banned

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    yes a vestige of white male patriarchal thinking discriminating against the gay trans queer crowd!!
     
  6. jack4freedom

    jack4freedom Well-Known Member Past Donor

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    Pennsylvania, New York and several other states also control sales of wine and liquor in state controlled stores.
     
  7. james M

    james M Banned

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    Yes, liberal's love to play the Swedish card and the race card. Will talk to moderators about banning this fraudulent tactic!!
     
  8. james M

    james M Banned

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    France has the per capita income of Arkansas about our poorest state and they riot in the streets every weekend because the poor and middle class cant make ends meet despite the liberal wet dream level of taxation. Without our inventions they would live at 30% of standard of living. We hold 70% of all recent medical patents. THey would have no health care if they had to invent their own in their backward soviet system.
     
    Last edited: Sep 19, 2019
  9. james M

    james M Banned

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    Does Bernie Sanders Still Think the "American Dream Is More ...

    https://www.peoplespunditdaily.com › news › politics › 2019/02/19 › does...

    Feb 19, 2019 - Bernie Sanders touted a now-deleted editorial claiming “the American dream is more apt to be realized” in Venezuela and other nations in South America. ... In 2011, Senator Sanders published an editorial originally appearing on a site called Valley News, which has since been scrubbed.
     
  10. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Its about the same as Montana or Arizona. You point is?
     
  11. Mr_Truth

    Mr_Truth Well-Known Member

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    biggest example of socialism = the military industrial complex


    If you righties had any principle at all, you would condemn this welfarism.
     
  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    is that why the cost of prescriptions are so high, no greed
     
  13. FreshAir

    FreshAir Well-Known Member Past Donor

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    but when the demand comes from foreign imports and the jobs are filled by foreign outsourcing... that greed destroys a capitalist society

    the majority of people have to have good jobs
     
    Last edited: Sep 20, 2019
  14. crank

    crank Well-Known Member

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    Obviously. But HOW will you get people to participate?
     
  15. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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  16. Liberty_One

    Liberty_One Active Member

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    It's only high on items the government has granted a monopoly on. Medicines that have generic alternatives are affordable. The problem is government. Every. Single. Time.
     
  17. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Ah, I was wondering where that Zukerberg post disappeared. It was the wrong thread.
     
  18. FreshAir

    FreshAir Well-Known Member Past Donor

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    is there a monopoly granted on Insulin by the government?

    of course, end the war on drugs and people could order prescription meds from other countries - people would not have to visit a doctor to get 'permission' to take a medication they know they need

    doctors should be there to work for us when we need\want them or their advice, we should not be forced by the government to ask them permission to address our health needs
     
    Last edited: Nov 8, 2019
  19. Reiver

    Reiver Well-Known Member

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    Strange comment, given its the national health care system in the UK that reduces pharmaceutical costs. Its also why the US will be insistent that the market is liberalized when a free trade agreement is signed. There are economic rents to be had!
     
  20. Liberty_One

    Liberty_One Active Member

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    How can it reduce costs other than by rationing?

    And granting monopoly rights to producers is not liberalizing a market.
     
  21. Reiver

    Reiver Well-Known Member

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    Bilateral bargaining ensures reduction of rent (ie inefficient profit)

    This isn't a cunning reply. The trade deal would be liberalisation, by definition. It just goes hand in hand with profiteering. You haven't factored in market failure. Econ 101 error!
     
  22. Longshot

    Longshot Well-Known Member

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    There is no such thing as market failure.
     
  23. bringiton

    bringiton Well-Known Member

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    :lol: The Voice of Ignorance. One obvious example of market failure is externality: the market can't provide an efficient solution when costs and benefits do not attach exclusively to the participants in a transaction.
     
  24. Longshot

    Longshot Well-Known Member

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    That's what courts are for. To hold accountable those who violate the property rights of others.
     
  25. bringiton

    bringiton Well-Known Member

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    GARBAGE. Courts can only hold individuals to account in cases of tort against other individuals. The effects of externalities are too diffuse for the courts to adjudicate. So you're just wrong. And I notice you ASSUME all rights are property rights. That is a disingenuous assumption that is used to justify and rationalize uncompensated abrogation of people's individual rights to life and liberty by property owners.
     

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