That's a baby-brained argument. Before the Industrial Revolution capitalism never happened. I agree, there has never been a country with a communist economy for the simple reason that communism as defined by Marx and Engels, is a stateless society, without socioeconomic classes or the need for money. The USSR had a state, a currency and one might argue that there were indeed classes, although not exactly how they exist under capitalism. Wikipedia, which is a source everyone has access to, defines communism as:
"A communist society would entail the absence of private property and social classes,[1] and ultimately money[6] and the state (or nation state).[7][8][9]"
Communism - Wikipedia
en.wikipedia.org
No state, no classes, no need for money.
The only way for communism to exist and flourish is when the technology is available to provide consumers with what they need and want. The advanced automation, artificial intelligence, the computing power, has to be available, for there to be a marketless, non-profit, centrally planned, more democratic, system of mass production. Without the technology, it's simply unfeasible. Why do I and other socialists, call ourselves communists as well? It's because communism is the objective. We identify with the goal of socialism, which is communism.
The USSR was the:
UNION OF SOVIET SOCIALIST REPUBLICS.
Do you see the word "Communist" there anywhere? Nope.
Your claim that communism will never exist is stupid. Communism is inevitable, it will happen, within the next 60 years. Socialism will come before communism, and that's just a decade or two away.
You're ignorant about what is happening in the technological sphere, with respect to automation and artificial intelligence. Without human wage-labor there's no capitalism. Markets collapse without a human workforce, earning a wage. Do I have to explain why to you? I'll let you figure it out. Think. Go ahead, impress me. Tell me why, without human wage-labor there's no market. It's simple, think.
Eliminate wages with robots= No paying consumers = No Market = No Capitalism = Democratic Socialism/Communism
Profit is Net Income remaining after Expenses and other costs have been deducted from Gross Income.
Tax it
Net income is taxed. Why are you taxing that money again after it was taxed?
Haha do we have to go over net profit v gross with you again?
Net is what you make AFTER you paid your expenses, gross is before
Okay, I'll focus it. Do you ever argue above a 5-year-old level?
Yes, they should have some distributed accountability.
Not when you throw in bankruptcy laws and other investor protections.
Yep. And if the company was own by several partners, they'd all be on the line to some extent.
Yes. The level of responsibility is decidedly different. But there should be a real downside to investing in companies that break the law. Just as there would be if you funded any other criminal enterprise.
naw, the demofks are working it.
someone should have told Joe McCarthy!!!!
www.history.com
There is no such thing as democratic socialism/communism. Marxism is always about slavery and tyranny
Because she's profiting from their actions.
Encourages people to vet the companies they invest in.
For reasons stated above.
In some cases, yeah. It's no different than the liability that any business owner assumes. I don't know exactly how it could be implemented. And it would be extremely rare. It would take a court case proving that the investors were, or should have been, aware that the company was up to no good. But I see no reason for the blanket law protecting corporate investors. It's just there to stroke Wall Street and pump up investment activity artificially.
Was already taxed when it was Gross Income.
