Next time you hear someone criticizing socialism...

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If socialism depends on trade with capitalism....socialism is a failure.
If capitalism depends on having 900 military bases around the world, including the one in Cuba, then maybe it's too expensive .....therefore also a failure.

Plenty of successful capitalist countries without 900 military bases.
How many military bases can Russia afford lately?

GDP per capita, about $11,000....not many.
Still better than Cuba's $8500, eh?
 
Plenty of successful capitalist countries without 900 military bases.
How many military bases can Russia afford lately?

GDP per capita, about $11,000....not many.
Still better than Cuba's $8500, eh?
Is Russia $ 23.1 TRILLION ( and spiralling up) in debt and borrowing from China like we do?
No they aren't.

U.S. National Debt Clock : Real Time

btw until Reaganomics the debt was in the billions.
 
Plenty of successful capitalist countries without 900 military bases.
How many military bases can Russia afford lately?

GDP per capita, about $11,000....not many.
Still better than Cuba's $8500, eh?
Is Russia $ 23.1 TRILLION ( and spiralling up) in debt and borrowing from China like we do?
No they aren't.

U.S. National Debt Clock : Real Time

btw until Reaganomics the debt was in the billions.

Is Russia $ 23.1 TRILLION ( and spiralling up) in debt

Who would loan that much to that shithole?
Cuba can't even afford to buy Venezuelan oil. Winning!!!

btw until Reaganomics the debt was in the billions.

btw until Reaganomics the GDP was three trillion.
 
Is Russia $ 23.1 TRILLION ( and spiralling up) in debt

Who would loan that much to that shithole?
Cuba can't even afford to buy Venezuelan oil. Winning!!!

btw until Reaganomics the debt was in the billions.

btw until Reaganomics the GDP was three trillion.

Shit happens huh ?


Yes, Russia's, Venezuela's and Cuba's shitty economies happen.
 
Is Russia $ 23.1 TRILLION ( and spiralling up) in debt

Who would loan that much to that shithole?
Cuba can't even afford to buy Venezuelan oil. Winning!!!

btw until Reaganomics the debt was in the billions.

btw until Reaganomics the GDP was three trillion.

Shit happens huh ?


Yes, Russia's, Venezuela's and Cuba's shitty economies happen.

Is that why we sanction all of them....
Just to make sure.?
 
Is Russia $ 23.1 TRILLION ( and spiralling up) in debt

Who would loan that much to that shithole?
Cuba can't even afford to buy Venezuelan oil. Winning!!!

btw until Reaganomics the debt was in the billions.

btw until Reaganomics the GDP was three trillion.

Shit happens huh ?


Yes, Russia's, Venezuela's and Cuba's shitty economies happen.

Is that why we sanction all of them....
Just to make sure.?


They were shitty because of sanctions? Workers paradise.....not so much.
How do sanctions stop Cuba from buying crappy oil from Venezuela?
 
Ask them how well capitalism was doing in 1929.
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To the extent that capitalism’s problems – inequality, instability (cycles/crises), etc. – stem in part from its production relationships, reforms focused exclusively on regulating or supplanting markets will not succeed in solving them. For example, Keynesian monetary policies (focused on raising or lowering the quantity of money in circulation and, correspondingly, interest rates) do not touch the employer-employee relationship, however much their variations redistribute wealth, regulate markets, or displace markets in favor of state-administered investment decisions. Likewise, Keynesian fiscal policies (raising or lowering taxes and government spending) do not address the employer-employee relationship.

Keynesian policies also never ended the cyclical instability of capitalism. The New Deal and European social democracy left capitalism in place in both state and private units (enterprises) of production notwithstanding their massive reform agendas and programs. They thereby left capitalist employers facing the incentives and receiving the resources (profits) to evade, weaken and eventually dissolve most of those programs.

It is far better not to distribute wealth unequally in the first place than to re-distribute it after to undo the inequality. For example, FDR proposed in 1944 that the government establish a maximum income alongside a minimum wage; that is one among the various ways inequality could be limited and thereby redistribution avoided. Efforts to redistribute encounter evasions, oppositions, and failures that compound the effects of unequal distribution itself. Social peace and cohesion are the victims of redistribution sooner or later. Reforming markets while leaving the relations/organization of capitalist production unchanged is like redistribution. Just as redistribution schemes fail to solve the problems rooted in distribution, market-focused reforms fail to solve the problems rooted in production.

Since 2008, capitalism has showed us all yet again its deep and unsolved problems of cyclical instability, deepening inequality and the injustices they both entail. Their persistence mirrors that of the capitalist organization of production. To successfully confront and solve the problems of economic cycles, income and wealth inequality, and so on, we need to go beyond the capitalist employer-employee system of production. The democratization of enterprises – transitioning from employer-employee hierarchies to worker cooperatives – is a key way available here and now to realize the change we need.

Worker coops democratically decide the distribution of income (wages, bonuses, benefits, profit shares, etc.) among their members. No small group of owners and the boards of directors they choose would, as in capitalist corporations, make such decisions. Thus, for example, it would be far less likely that a few individuals in a worker coop would earn millions while most others could not afford to send children to college. A democratic worker coop decision on the distribution of enterprise income would be far less unequal than what typifies capitalist enterprises. A socialism for the 21st century could and should include the transition from a capitalist to a worker-coop-based economic system as central to its commitments to less inequality and less social conflict over redistribution.

Capitalism Is Not the “Market System”



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Angelo

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Pat them on the back, and say--------->right on catcheton!
 
"economic justice"? How is that different from ordinary justice?
That depends whether you're in the top 10% doing well in the rigged system, or somewhere in the bottom 90% , many
working 3 jobs and saddled with debt.

That doesn't really answer my question. What does "economic justice" mean? Are you talking about debtor's prison?
 
The next time you hear someone criticizing socialism...congratulate them for not being ignorant/uneducated/uninformed about the horrors of socialism like Angelo.

 
Would America have survived the Great Depression without the government helping people via forms of socialism?
Bwahahaha! Yes. Yes, we would have. Not only “survived”, but thrived. Even radically left-wing UCLA economists have said so. Additionally, the architect of the “New Deal” himself, Henry Morgenthau Jr., declared the policies to be a catastrophic failure.

FDR’s policies prolonged Depression by 7 years, UCLA economists calculate - Frontiers of Freedom
 
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