Greatest Lie of the 20th Century

[LogikAndReazon]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

 

[onecut39]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

Hate to disappoint you but there has never been a pure socialist state, just as there has never been a pure capitalistic state.

The everlasting argument is just what the mix of our mixed economy will be.

 

[buckeye45_73]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

Hate to disappoint you but there has never been a pure socialist state, just as there has never been a pure capitalistic state.

The everlasting argument is just what the mix of our mixed economy will be.

Lets not make this stupid arguement again, what is the perfect socialist state, if not the USSR?

 

[occupied]

So this trickle down, free trade, deregulation crap was the gospel truth and the path to prosperity for all? Seeing as how the world has moved far more towards a horribly exclusive form of corporate socialism than populist socialism it seems that you are still laboring under the biggest ongoing lie of the 20th and 21st centuries.

 

[LogikAndReazon]

Just think what socialism could be when they do perfect it......................A classless UTOPIA

 

[Luddly Neddite]

Funny thing is nuttso Mittens praised socialist medicine in Poland. 'course, typical Etch A Sketch, the dumb twit didn't know what he was praising at the time. He said he liked that "smaller govt" but that's not what Poland has. Not by a long shot.

OTOH, other pubs/pots want to pass lots and lots of laws, bigger and bigger government - all to control Americans.

Just like Mittens wants.

 

[buckeye45_73]

So this trickle down, free trade, deregulation crap was the gospel truth and the path to prosperity for all? Seeing as how the world has moved far more towards a horribly exclusive form of corporate socialism than populist socialism it seems that you are still laboring under the biggest ongoing lie of the 20th and 21st centuries.

So you're a utopian socialist? Please say yes

 

[LogikAndReazon]

Capitalism can be sooooooooooo damned UNFAIR

 

[American Horse]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

Hate to disappoint you but there has never been a pure socialist state, just as there has never been a pure capitalistic state.

The everlasting argument is just what the mix of our mixed economy will be.

You are right but the closer the experiment approached purity the more onerous it was for the ordinary person who wasn't a part of the leadership or an opportunistic thug.

 

[Political Junky]

Denmark: The Happiest Place on Earth - ABC News

"The answer you get is not only how they feel right now, but also how they feel about their entire life," explained Dan Buettner, who has studied happiness and longevity around the world through his Blue Zones project Buettner said that if you mine all the databases of universities and research centers, you'll find that the happiest place on earth is ? Denmark. Cold, dreary, unspectacular Denmark.

 

[Political Junky]

Denmark: The Happiest Place on Earth - ABC News

"The answer you get is not only how they feel right now, but also how they feel about their entire life," explained Dan Buettner, who has studied happiness and longevity around the world through his Blue Zones project Buettner said that if you mine all the databases of universities and research centers, you'll find that the happiest place on earth is ? Denmark. Cold, dreary, unspectacular Denmark.

Danes do have one potential complaint: high taxes. The happiest people in the world pay some of the highest taxes in the world -- between 50 percent and 70 percent of their incomes. In exchange, the government covers all health care and education, and spends more on children and the elderly than any country in the world per capita. With just 5.5 million people, the system is efficient, and people feel "tryghed" -- the Danish word for "tucked in" -- like a snug child.

Those high taxes have another effect. Since a banker can end up taking home as much money as an artist, people don't chose careers based on income or status. "They have this thing called 'Jante-lov,' which essentially says, 'You're no better then anybody else,'" said Buettner. "A garbage man can live in a middle-class neighborhood and hold his head high."

 

[NYcarbineer]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

Where are these extraordinarily successful capitalist societies you refer to? Where are they prospering for centuries?

 

[Listening]

Denmark: The Happiest Place on Earth - ABC News

"The answer you get is not only how they feel right now, but also how they feel about their entire life," explained Dan Buettner, who has studied happiness and longevity around the world through his Blue Zones project Buettner said that if you mine all the databases of universities and research centers, you'll find that the happiest place on earth is ? Denmark. Cold, dreary, unspectacular Denmark.

Danes do have one potential complaint: high taxes. The happiest people in the world pay some of the highest taxes in the world -- between 50 percent and 70 percent of their incomes. In exchange, the government covers all health care and education, and spends more on children and the elderly than any country in the world per capita. With just 5.5 million people, the system is efficient, and people feel "tryghed" -- the Danish word for "tucked in" -- like a snug child.

Those high taxes have another effect. Since a banker can end up taking home as much money as an artist, people don't chose careers based on income or status. "They have this thing called 'Jante-lov,' which essentially says, 'You're no better then anybody else,'" said Buettner. "A garbage man can live in a middle-class neighborhood and hold his head high."

And they found people who really did not care to go to school or who cared to excell.

What was the point ?

 

[BreezeWood]

Greatest Lie of the 20th Century


Capitalist Religiosity ... incentives are of the utmost importance.

 

[Political Junky]

Denmark: The Happiest Place on Earth - ABC News

"The answer you get is not only how they feel right now, but also how they feel about their entire life," explained Dan Buettner, who has studied happiness and longevity around the world through his Blue Zones project Buettner said that if you mine all the databases of universities and research centers, you'll find that the happiest place on earth is ? Denmark. Cold, dreary, unspectacular Denmark.

Danes do have one potential complaint: high taxes. The happiest people in the world pay some of the highest taxes in the world -- between 50 percent and 70 percent of their incomes. In exchange, the government covers all health care and education, and spends more on children and the elderly than any country in the world per capita. With just 5.5 million people, the system is efficient, and people feel "tryghed" -- the Danish word for "tucked in" -- like a snug child.

Those high taxes have another effect. Since a banker can end up taking home as much money as an artist, people don't chose careers based on income or status. "They have this thing called 'Jante-lov,' which essentially says, 'You're no better then anybody else,'" said Buettner. "A garbage man can live in a middle-class neighborhood and hold his head high."

And they found people who really did not care to go to school or who cared to excell.

What was the point ?

It's the US that lags in education.

 

[NYcarbineer]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

Where are these extraordinarily successful capitalist societies you refer to? Where are they prospering for centuries?

I guess compiling that long list is taking longer than anticipated.

 

[francoHFW]

That's COMMUNISM, shyttehead Cold War dinosaur. Socialism is defined as always democratic for decades now, the home of the happiest people according to every survey. It means fairness- now that we have universal health coverage, all we need is a living wage like 1968's min wage (now 10.75) and getting college costs back under control (has gone up 4x under Reaganism and Voodoo- and the rich have 3x the wealth while the rest and the country go to hell. What a bunch of stupid a-hole Pub dupes...

 

[auditor0007]

Socialism is the Big Lie of the twentieth century. While it promised prosperity, equality, and security, it delivered poverty, misery, and tyranny. Equality was achieved only in the sense that everyone was equal in his or her misery.

In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.

A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.

In a capitalist economy, incentives are of the utmost importance. Market prices, the profit-and-loss system of accounting, and private property rights provide an efficient, interrelated system of incentives to guide and direct economic behavior. Capitalism is based on the theory that incentives matter!

Under socialism, incentives either play a minimal role or are ignored totally. A centrally planned economy without market prices or profits, where property is owned by the state, is a system without an effective incentive mechanism to direct economic activity. By failing to emphasize incentives, socialism is a theory inconsistent with human nature and is therefore doomed to fail. Socialism is based on the theory that incentives don't matter!

Why Socialism Failed

I hate to inform you of this, but the vast majority of successful economies are a combination of the two. Socialism as you state it is really communism which does not work. Pure capitalism does not exist. But the US, Canada, New Zealand, Australia, most of Europe, Japan, Brazil, and many emerging countries including Russia all have mixed economies. Even China is moving toward a mixed economy that relies on some socialist values but also requires capitalism as the driving economic force. This is where those of you on the far right get so confused because you just don't get it.