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Collective ownership of enterprises where a small minority of individuals decide what to produce, where to produce it, and how to distribute the surplus. The richest ten percent of investors control over 80% of the stock market, and those shareholders contribute absolutely nothing to the success of the business.as i stated capitalism allows for, and we have in this country collective ownership…most businesses in fact are owned by numerous people…all the ones on the stock exchange are for example
The first sentence is correct, but how does it reflect positively on either government nor socialism? Both are founded on coercion.Government is socialism.
If liberty and equality are chiefly to be found in democracy, they will be best attained when all persons alike share in government to the utmost.--Aristotle
Collective ownership of enterprises where a small minority of individuals decide what to produce, where to produce it, and how to distribute the surplus. The richest ten percent of investors control over 80% of the stock market, and those shareholders contribute absolutely nothing to the success of the business.
What profit does government earn from police and fire departments or public libraries? Would you prefer to commute on public or private toll roads? Government works best when it functions as a fourth factor of production designed to lower the cost of living and doing business.Govts worship profits as well…without it they go under…look at all the Socialist countries that have failed for lack of it
In case you haven't noticed (or don't care), Finance is strangling the productive economy in ever-tightening coils of debt.Damned employees won't work unless you pay them! Greedy bastards obsessed with profit. Always trying to get raises and bonuses. Why can't they be like george and work for minimum wage?
It is about liberty and equality.The first sentence is correct, but how does it reflect positively on either government nor socialism? Both are founded on coercion.
That government is, or ought to be, instituted for the common benefit, protection, and security of the people, nation, or community; of all the various modes and forms of government, that is best which is capable of producing the greatest degree of happiness and safety, and is most effectually secured against the danger of maladministration; and, whenever any government shall be found inadequate or contrary to these purposes, a majority of the community hath an indubitable, inalienable, and indefeasible right to reform, alter, or abolish it, in such manner as shall be judged most conducive to the public weal.
You're entitled to your own opinions but not your own facts.
Keynes was a capitalist, not a socialist, and his economic policies were replaced by neoliberal economics in the 1980s; the blind worship of market forces favored by neoliberal proponents produces record levels of income inequality and leads directly to fascism:
Keynesian Socialism
"Keynes was not a Socialist.
"Nevertheless his economics have profound implications for Socialists.
"Keynes showed that if Capitalism is to be successful, it has to be managed: the 'market', if left to its own devices will breed great depressions and widespread impoverization.
"But once it is determined that market capitalism needs to be well managed, the questions of how and for whom it is to be managed come to the fore." it's the followers of Keynes who are the problem.
i didn’t say they profited off them…they make money by taking it by force from citizensWhat profit does government earn from police and fire departments or public libraries? Would you prefer to commute on public or private toll roads? Government works best when it functions as a fourth factor of production designed to lower the cost of living and doing business.
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Government doesn't function at all. All the people who work in government have the best possible benefits, make good money, and they don't have to work hard. Government produces nothing. It only consumes.What profit does government earn from police and fire departments or public libraries? Would you prefer to commute on public or private toll roads? Government works best when it functions as a fourth factor of production designed to lower the cost of living and doing business.
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enforcing foreign loan repayments and transnational corporate (TNC) profit repatriation
What about them?
and those shareholders contribute absolutely nothing to the success of the business.
In case you haven't noticed (or don't care), Finance is strangling the productive economy in ever-tightening coils of debt.
https://www.researchgate.net/figure...-wages-in-the-financial-sector_fig3_271524067
What the hell is "excess wage?"In case you haven't noticed (or don't care), Finance is strangling the productive economy in ever-tightening coils of debt.
https://www.researchgate.net/figure...-wages-in-the-financial-sector_fig3_271524067
What the hell is "excess wage?"
Equality is the opposite of liberty.It is about liberty and equality.
Not according to Aristotle.Equality is the opposite of liberty.
A democracy can't exist without free speech.democracies hate free speech and why we are a constitutional republic,,
Progs are opposed to free speech, moron. They call it "hate speech." They believe people shouldn't be allowed to publish "racist" speech or the leftwing received wisdom on climate change or Covid.A democracy can't exist without free speech.
Freedom of speech - Wikipedia
"Freedom of speech is understood to be fundamental in a democracy..."
"One of the most notable proponents of the link between freedom of speech and democracy is Alexander Meiklejohn.
"He has argued that the concept of democracy is that of self-government by the people.
"For such a system to work, an informed electorate is necessary. In order to be appropriately knowledgeable, there must be no constraints on the free flow of information and ideas."
Why are you afraid of an informed electorate?
The public had nothing to say about capitalism's decision to send millions of middle-class US jobs out of the country over the past 40 years.the public makes the decisions…they are the customers. They are the ones rhe determine what they want to buy
