Next time you hear someone criticizing socialism...

[dblack]

...a bottleneck somewhere up the supply chain could have used more personnel.

Yeah, the bottleneck that occurs where socialists outlaw market signals......the entire economy

We have a much better understanding of economics, now; and, the former Soviet Union could have pursued industrial automaton instead of wasting their time on a Cold War with us.

Capitalists have a much better understanding of economics.
Socialists.....not so much.

The left need to learn how merely use Capitalism for all of its capital worth in modern economic times.

The left is too fucking stupid regarding economics.

lol. Too bad the right wing is worse.

Can't we just agree that they're both worse?

 

[MisterBeale]

Capitalism, you say?

Um, no....

https://www.mackinac.org/archives/1998/sp1998-01.pdf

So your argument is a picture of a book you never read which is probably Rockefeller or Carnegie propaganda
. Congratulations.

Actually Angelo, the source for this document is the Mackinaw center, it is the home of the international home of Dow Chemical, I grew up there. That town was largely insulated from the affects of the great depression by the towns private and government leaders, and it's private philanthropists. It is one of the few places in the nation that felt very few affects of the Depression.

It is pretty spot on about the causes and affects.

I usually agree with a lot of your posts, but in this case, you have missed the mark by attacking a source and not the content.

Michigan is one of the most purple states in the nation. It made sure it wasn't corrupt, and did not let crooked Hillary's people force it to give their primary votes her instead of Bernie. A lot of States can not say the same.

It is about, FREE MARKETS, not conservatism.

It is more libertarian, IOW, economic civil rights and liberties.

The Mackinac Center prefers the term "free market" over "conservative",[21] because it does not address social issues such as abortion, censorship, and gambling. The Center writes that its ideology is most accurately characterized as flowing from the "classical liberal tradition" of Milton Friedman and others: "socially tolerant, economically sophisticated, desiring little government intervention in either their personal or economic affairs."[26]
Mackinac Center for Public Policy - Wikipedia

 

[MisterBeale]

Cuba is communist.

View attachment 245508

The world elites aren't calling it Communism anymore though. These days, the word for Agenda 2030 and "sustainable development," it's TECHNOCRACY.

Zbigniew Brzezinski Dies At 89
Zbigniew Brzezinski Dies At 89

 

[MisterBeale]

 

[Markle]

Socialism is not communism, despite all the efforts or conservatives to make it so. Of the many types of socialism, Scientific Socialism is the one that did lead to communism. Other socialisms, such as Christian Socialism did not.

Inventing new terms? The typical way of the far left. What the heck is Christian Socialism or Scientific Socialism? Why is it that the far-left always feels the need to change the meaning of words to fit their twisted needs?

socialism
[ˈsōSHəˌlizəm]
NOUN

1. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
   synonyms:
   leftism · Fabianism · syndicalism · consumer socialism · utopian socialism · welfarism · communism · Bolshevism · radicalism · militancy · progressivism · social democracy · laborism · Marxism · Leninism · Marxism–Leninism · neo-Marxism · Trotskyism · Maoism
   antonyms:
   conservatism
2. policy or practice based on the political and economic theory of socialism.
   synonyms:
   leftism · Fabianism · syndicalism · consumer socialism · utopian socialism · welfarism · communism · Bolshevism · radicalism · militancy · progressivism · social democracy · laborism · Marxism · Leninism · Marxism–Leninism · neo-Marxism · Trotskyism · Maoism
   antonyms:
   conservatism
3. (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of Communism.

QED

 

[Markle]

War is not a cure for anything. I would avoid war as much as possible. War is result of other people, being a threat or danger.

Depressions and recessions are cured by removing whatever bad policy caused them. The economy will naturally recover on it's own.

It's like cancer. Once you cut the cancer out of the body, you don't need to go force the body to heal. It will do that naturally once the cancer is removed.

You say "war is not a cure for anything" (which is not true) and then "cut cancer out of the body" which is an oxymoron, is it not?

I do agree that recessions (see the 1920-21 recession) will recover on their own.

 

[Markle]

We have socialism today unless Social Security is no longer considered socialism by conservatives.

As you know Social Security is NOT Socialism. Regardless of hard you far-left-wingers try to paint it otherwise.

 

[Andylusion]

War is not a cure for anything. I would avoid war as much as possible. War is result of other people, being a threat or danger.

Depressions and recessions are cured by removing whatever bad policy caused them. The economy will naturally recover on it's own.

It's like cancer. Once you cut the cancer out of the body, you don't need to go force the body to heal. It will do that naturally once the cancer is removed.

You say "war is not a cure for anything" (which is not true) and then "cut cancer out of the body" which is an oxymoron, is it not?

I do agree that recessions (see the 1920-21 recession) will recover on their own.

The cancer is not people or something. The cancer is bad policies. It does not require war, to remove rent controls, that make it unprofitable to build apartments, thus reducing or eliminating the housing shortage.

There was a housing crisis after World War 2, because of price controls throughout the economy. War didn't fix anything. What fix it, was eliminating the price controls.

The only thing war did, was eliminate unemployment. But it did so from using the draft. If you just round up millions of people, to toss them into the military, yes you can reduce unemployment. But that really isn't the result of the economy getting better... it's just you rounding up people, and shipping them out.

We could just make unemployment illegal, ship everyone to gulags, and have the same effect.

The real solution to the great depression was reducing government spending, and reducing government regulations, which resulted in an economic revival.

War only destroys and wastes money. There is no upside to war.

 

[Andylusion]

We have socialism today unless Social Security is no longer considered socialism by conservatives.

As you know Social Security is NOT Socialism. Regardless of hard you far-left-wingers try to paint it otherwise.

As a right-winger, Social Security is socialism. It's a socialized redistribution of wealth.

Which is why it's going broke.

 

[Markle]

Ask them how well capitalism was doing in 1929.

As I have shown the Socialism used and promoted extended The Great Depression by seven years. How did that work?

 

[the other mike]

Ask them how well capitalism was doing in 1929.

As I have shown the Socialism used and promoted extended The Great Depression by seven years. How did that work?

Not much different from what would have happened in 2008
if not for the ability to print our own money.

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?
Next crash won't be so pretty will it ?

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency - Global Research

 

[Toddsterpatriot]

Ask them how well capitalism was doing in 1929.

As I have shown the Socialism used and promoted extended The Great Depression by seven years. How did that work?

Not much different from what would have happened in 2008
if not for the ability to print our own money.

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?
Next crash won't be so pretty will it ?

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency - Global Research

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?

No one wants to hold the currency of China, Russia or Iran.

NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

Nobody gives a shit if Libya creates a gold backed currency.

 

[the other mike]

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?

No one wants to hold the currency of China, Russia or Iran.

That's not the point.
Are Russia And China Trying To Kill The Dollar?

NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

Nobody gives a shit if Libya creates a gold backed currency.

My article proved you wrong.
Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency - Global Research

 

[Toddsterpatriot]

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?

No one wants to hold the currency of China, Russia or Iran.

That's not the point.
Are Russia And China Trying To Kill The Dollar?

NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

Nobody gives a shit if Libya creates a gold backed currency.

My article proved you wrong.
Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency - Global Research

That's not the point.

That is exactly the point.
Nobody wants US dollars.......that's why no one holds Chinese, Russian or Iranian currency.

Are Russia And China Trying To Kill The Dollar?

They can try.

Hillary Emails Reveal

Thanks for the hilarious link. I missed the part that actually backed your claim.
Can you copy and paste it here?

Source Comment: According to knowledgeable individuals this quantity of gold and silver is valued at more than $7 billion.

$7 billion of "gold backed currency" was a threat to what?

 

[Remodeling Maidiac]

Ask them how well capitalism was doing in 1929.
View attachment 245504 View attachment 245506 View attachment 245505

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”



An OP should be 3-4 paragraphs, link, content.
Angelo

Copyright. Link Each "Copy & Paste" to It's Source. Only paste a small to medium section of the material.

USMB Rules and Guidelines

 

[Markle]

Capitalism is unstable, unequal and fundamentally undemocratic.

Yep. That's the nature of freedom.

Free if you're lucky ?

You don't end up in prison because of luck. You end up in prison because of repeatedly making bad personal decisions.

 

[Markle]

Paychecks are barely budging, but the costs of housing, child care, health care, and education just keep going up. Families are working hard—and it's time to make sure they all have opportunities to thrive.

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy
BY PETER VICENZI
10/07/2019

Steve Moore: Middle-class Incomes Surge More Than $5,000 Under Trump Economy | FreedomWorks

###

Younger and Minority Workers Lead Wage Gains as Expansion Ages
Oct. 17, 2019, 8:59 AM

A tightening labor market with U.S. unemployment rate at a 50-year low is starting to result in higher wages for full-time workers, including younger people and minorities whose pay has lagged.

Median weekly earnings for Americans in the third quarter rose 3.6% to $919, outpacing inflation, the U.S. Labor Department reported Wednesday. Earnings for those aged 25 to 54, in their prime working years, rose by 5%, the fastest rate of growth in recent years.

Younger and Minority Workers Lead Wage Gains as Expansion Ages

###

ECONOMY
Record-low black unemployment cheered by black activists
Published 1 month ago on September 9, 2019

[...]

“Love him or hate him, this is an incredible economic accomplishment for the President and a tremendous benefit for American blacks,” said Project 21 member Derryck Green.

Along with a reported third straight month of 3.7 percent overall unemployment, the federal Bureau of Labor Statistics (BLS) August jobs report noted that the overall black unemployment rate fell half-a-percent to 5.5 percent. This is the lowest black unemployment rate ever recorded. BLS began reporting employment statistics by race in 1972. And with overall white unemployment at 3.4 percent, it is also the smallest reported gap between the races ever in terms of joblessness. Until recently, the racial employment disparity between blacks and whites has generally held to a 2-1 margin.

Record-low black unemployment cheered by black activists

###

Help wanted: Too many jobs and not enough workers in most states
Tim Henderson, Stateline Published 8:00 a.m. CT Oct. 15, 2019 | Updated 7:10 p.m. CT Oct. 15, 2019

In 39 states, there are more jobs than people looking for them, according to a Stateline analysis of June hiring and employment data from the federal Bureau of Labor Statistics.

Help wanted: Too many jobs and not enough workers in most states

###


America Created 266,000 Jobs in November
JOHN CARNEY 6 Dec 2019

The imaginary recession of 2019 is over.

The U.S. economy added 266,000 jobs for the month and the unemployment rate fell to 3.5 percent, matching the lowest level in 50 years.

Economists had expected the economy to add 180,000 jobs and for unemployment to remain unchanged at 3.6 percent, according to Econoday.

Adding to the picture of strength for the labor market, previous jobs numbers were revised up. September’s figure was revised up by 13,000 to 193,000. October was revised up by 28,000 to 156,000. Together, that adds 41,000 more jobs than previously reported.

[...]

Average hourly wages are up 3.14 percent compared with last year, above economist expectations. In manufacturing, the average workweek increased by 0.1 hour to 40.5 hours. Average hourly ages of private-sector production and nonsupervisory employees rose by 7 cents in the month to $23.83, a 0.22 percent gain.

[...]

America Created 266,000 Jobs in November | Breitbart

https://www.washingtonpost.com/busi...economy-added-jobs-jobless-rate-fell-percent/

Wall Street soars after economy added robust 266,000 jobs in November

 

[Markle]

I'm hearing excuses. "Socialism could succeed, if the real world would just stop existing! It's the US's fault!"

Never mind that, by your own admission, you're advocating something that has no actual track record of succeeding, based solely on your belief that it COULD work.

US hegemony is the root of all evil and
will lead to our own downfall as well.

Protecting the empire is an unsustainable endeavor.

Here is our real budget.

 

[Markle]

Not in the mood for a video, but private prisons are utterly wrong. They have nothing to do with capitalism. And certainly not freedom.

Specifically why? Why are private prisons wrong?

 

[Andylusion]

Ask them how well capitalism was doing in 1929.

As I have shown the Socialism used and promoted extended The Great Depression by seven years. How did that work?

Not much different from what would have happened in 2008
if not for the ability to print our own money.

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?
Next crash won't be so pretty will it ?

Hillary Emails Reveal NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency - Global Research

Is that why you globalists are so afraid of China, Russia, Iran and others dumping the US dollar ?

No one wants to hold the currency of China, Russia or Iran.

NATO Killed Gaddafi to Stop Libyan Creation of Gold-Backed Currency

Nobody gives a shit if Libya creates a gold backed currency.

That doesn't even make sense. Why would we kill him over destroying his own country?

People need to think things through.

If Gaddafi created a gold-backed currency, how would the world respond?

We would sell goods to Libya, and then take those otherwise worthless Libyan currency, and covert it to gold.

We would increase our stockpile of gold, and Libya would lose their stock pile of gold.

Net result, we would get richer, and Libya would eventually be impoverished.