Who's Afraid of Socialism?

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

  1. georgephillip
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    georgephillip Platinum Member Supporting Member

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    Putin wants the US to stop meddling in the internal politics of Venezuela.
    [​IMG]
    Russia's Next Bomber Base: Venezuela?
    Is Trump Putin's bitch?
    Maybe the answer's in Venezuela?
     
  2. georgephillip
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    georgephillip Platinum Member Supporting Member

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    Actually, that's the history of Indonesian capitalism:

    https://www.tandfonline.com/doi/abs/10.1080/1462394042000326879?src=recsys&journalCode=riac20&

    "Following an aborted coup attempt in October 1965, the Indonesian military organized what turned out to be one of the most horrifying massacres of the twentieth century.

    "More than half a million people were killed while hundreds of thousands of others were detained for years in prison camps throughout the country.

    "There are two major points that this paper attempts to make.

    "First, that the killings are in fact a case of state violence despite of the efforts to make it look like spontaneous violence.

    "Second, that the killings are crucial to the expansion of capitalism in Indonesia.

    "Using Marx’s concept of ‘primitive accumulation’, it attempts to show that the mass killings and arrests, the expropriation of people from their houses and lands, and the elimination of working‐class political formations, are integral parts of an economic strategy of the New Order."
     
  3. dblack
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    dblack Platinum Member

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    This sums it up nicely. They seem to think that avarice and greed will go away if government takes control of capital. It won't of course. The corrupt and greedy will just pursue careers in politics rather than business, where they'll have much more power to impose their will on "customers".

    I think attitudes toward socialism track pretty closely to attitudes toward democracy. Some people seem to think it's infallible. Even after the 2016 election, they can't seem to shake their conviction that democracy will always produce justice.
     
    Last edited: Jan 24, 2019
  4. georgephillip
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    georgephillip Platinum Member Supporting Member

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    [​IMG]
    "Venezuelan and Colombian oil prices (OPEC)

    "Venezuelan oil production followed essentially the same pattern as Colombia’s during 2016 and most of 2017 –until August when Trump’s sanctions came into force.

    "A decline in production was driven by the price of oil hitting its lowest point in about a decade at the start of 2016.

    "But in August of 2017 Trump’s sanctions made it illegal for the Venezuelan government to obtain financing from the US which was devastating for two reasons: all the Venezuelan governments’ outstanding foreign currency bonds are governed under New York state law; and one of the Venezuelan government’s major assets, the state-owned CITGO corporation, is based in Texas.

    "The sanctions also blocked CITGO from sending profits and dividends back to Venezuela (which had been averaging about US$1 billion per year since 2015)."

    Trump’s Sanctions Have Cost Venezuela US$6bn Since August 2017
     
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  5. francoHFW
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    francoHFW Diamond Member

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    On Monday always Democratic fair capitalism with a good safety
    We do not have Fair capitalism with a good safety net in the United States. It has been a GOP giveaway to the rich and screw the rest for 35 years. If you don't get off your propaganda machine you'll never know....
     
  6. Two Thumbs
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    Two Thumbs Platinum Member

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    the 4 million people that fled Ven.

    they fear it so much that they are running to countries that they don't know the language.
     
  7. georgephillip
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    georgephillip Platinum Member Supporting Member

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    Capitalism generates income and wealth more efficiently than any economic system before its arrival. However. it doesn't seem to do an equitable job of distributing the spoils:
    [​IMG]
    What changes do you believe capitalism could make to change its natural tendency of concentrating wealth in fewer and fewer hands with each passing generation?

    One chart that shows how much worse income inequality is in America than Europe

    "One chart that shows how much worse income inequality is in America than Europe
    The income share of the poorest half of Americans is declining while the richest have grabbed more. In Europe, it’s not happening.
    By Emily Stewart Jul 29, 2018, 11:43am EDT"
     
  8. dblack
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    dblack Platinum Member

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    Tell again about the means of production, George!
     
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  9. francoHFW
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    francoHFW Diamond Member

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    Well regulated under socialism,
    Owned and screwed up under communism, a giveaway to the rich mess under the GOP, well regulated and fair under every rich country in the world except us, Super Dupe.
     
  10. georgephillip
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    georgephillip Platinum Member Supporting Member

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    Which four million refugees are you referring to?
     

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