Who's Afraid of Socialism?

Discussion in 'Politics' started by georgephillip, Jan 13, 2019.

  1. georgephillip
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    georgephillip Gold Member Supporting Member

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    Who’s Afraid of Socialism? | Open Media Boston

    "Capitalism’s incompatibility with majority interests has been reaffirmed by the current economic crisis.

    "Earlier, the most severe effects of capitalism had been offset, within the US, by the progressive reforms of the 1930s.

    "But capital’s political power was less restrained in this country than it was in the other rich countries.

    "Flush with military might and bolstered by a mass right-wing culture of arrogant self-righteousness, US capital launched a withering counterattack against the New Deal legacy, culminating in an almost three-decade orgy of anti-welfare legislation, imperialist aggression, privatization, and deregulation."

    Unrestrained profit maximization results in concentrating an enormous amount of surplus capital which can find few safe investments.

    "Free market" capitalists turn to highly speculative scams which generate financial bubbles as the real economy continues to be hollowed out and the working class is driven deeper into debt.

    Socialism would turn to government for an alternative, but US government is Goldman Sachs regardless of which major party is in control.
     
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  2. LordBrownTrout
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    LordBrownTrout Gold Member

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    No thanks. One need not look any further than europe to see what a travesty it is.
     
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  3. Norman
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    Norman Gold Member

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    Who is afraid of Satan?

    Even if you aren't afraid (although let's be honest the OP is wetting his pants), not sure it's the best idea to invite him over for a dinner.
     
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  4. bripat9643
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    bripat9643 Diamond Member

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    Anybody with any common sense or capacity to commit logic is afraid of socialism. All you have to do is look at Venezuela to see why you have to be insane to adopt such economic policies.
     
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  5. ElmerMudd
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    ElmerMudd Gold Member

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    Pure socialism or pure capitalism does not work. Show me an example of either that works in the real world.
    Our government is a blend of both capitalism and socialism, heavier on capitalism.
    The key is took get the balance right.
     
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  6. Tax Man
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    Tax Man Gold Member

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    Capitalism need to be regulated to be fair for the citizens of any nation. Socialism needs to be regulated also for the same reasons.
     
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  7. bripat9643
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    bripat9643 Diamond Member

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    Pure capitalism does work, but there are numerous people who do everything in their power to destroy it.
     
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  8. bripat9643
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    The phrase "regulated socialism" is too stupid for words to describe.
     
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  9. Norman
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    Norman Gold Member

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    You have watched too much Star Wars "Find the balance of good and evil in the force".

    USA is a capitalist nation. Here the mantra is to FUCK socialism and evil. Save the fiction for dumber 3rd world countries.
     
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  10. Oddball
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    Oddball Unobtanium Member Supporting Member

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    It's the socialists who do all the regulating....Worked out great for the Castros, but the rest of Cuba not so much.
     
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