Because some propagandist prints a label on a chart, that doesn't make it reality. Furthermore, "Consumer Surplus" doesn't mean anything like what you imply it means. As the chart shows, if the economy is in equilibrium, there is no consumer surplus. I've never even seen the term used in any economics book I ever read.
Perfect response
Socialist in Venezula who got rich making the people poor, oppressing them, and robbing their natural resources.....blame the USA.....sure....I get it.
Those were bad socialists, see. They're not doing it right.
I always find it ironic that leftist dembot cultist going on and on about how great socialism is, but somehow it always gets foiled by the big bad Capitalist....amazing really
To be fair, it's the same game in reverse ie there are plenty of supposed "capitalist" nations that aren't doing it right either, and we likewise disown them when they're brought up as proof that capitalism "doesn't work".
Trumps not a Conservative.We already know how conservatives hate democracy
Still tired of winning?
I'm sure you helped vote it in every time you pulled the lever for a democrat so you tell me....
Truth is..... it's not possible to have pure capitalism in a human society. People are assets yes but they still have to eat, drink, breath and be sheltered. This is not like a supply of logs that can be stacked to the back of the lumber yard waiting for the commodity price to rise. By the same token capitalism is the single most powerful engine for development, advancement and invention in all of human history....to the extent we follow it will dictate the speed with which we grow....it's a balance.
Communist propaganda.
Over the past few hundred years we've seen various editions of capitalism and democracy, and they have coexisted with different levels of harmony, but since 1970 US capitalism has morphed into a direct threat to democracy.
Only if you think democratic government should control the economy.
Dragonlady
fee.org
Please acknowledge your errors:Perhaps you should go back and read what I posted. You home schooled types have a difficult time reading for comprehension. No we don't run our countries for the benefit of the wealthy oligarchs. Our tax codes are designed to help working people, and to give them the resources to succeed. Our rates of murder and other violent crimes are a fraction of yours. Our rates of poverty are also a fraction of what yours are.
The rest of the world's first world countries, all of which are leftist social democracies, have less poverty, violent crime, and most importantly, they have far less wage and wealth inequity. Oligarchs don't run the country, and the rich are taxed. They don't get 80% of the income and wealth of our nations. Our tax codes reward the workers, not just the wealthy.
You're the richest nation on earth, but have the 3rd highest rate of poverty in the world. That doesn't say much for your system of government at all. And you have the highest rates of murder and violent crime.
Poverty rates in OECD countries 2022| Statista
Costa Rica had the highest poverty rate of OECD member countries.www.statista.com
Your crime rate is lower because you only count specific crimes as "violent crimes": murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. If two drunks get into a fight behind the bar, we count it.
Government caused the global financial crisis
Can you acknowledge that Obama, the Clintons, Biden and other prominent Democrats are part of the problem?
Stalin did not murder them for being communists. He murdered them because he considered them a threat to his personal survival as the boss of everybody.
Meerkats and primates have alphas who get to fuck anyone else in the group as they please. They are the primary breeders.
