For those that may prefer a Socialist country

[ralfy]

Wrong.
Communism does not allow capitalist means of production like private banks, socialism does.

Socialism does not preclude private means of production, but just ensures they can not become abusive, by providing fair alternatives.

Communism allows for public means of production, or state capitalism.

 

[Red Front]

Communism allows for public means of production, or state capitalism.

Non-profit, publicly-owned production isn't "state capitalism". Marxist communism is a stateless society, without socioeconomic classes or the need for money. It's not "state capitalism", since according to Marx and Engels, the state becomes superfluous and "withers away".

Socialism is the process that leads to high-communism. It's the transitional phase from capitalism to communism. It requires advanced technology, in order to eliminate scarcity. High communism, doesn't work without advanced automation and efficiency in production.

 

[ScorpioRising007]

My bad, for those of you that would prefer a Socialist Democracy.

Household debt in Canada reaches highest level amongst all G7 countries.
While household debt made up 80 per cent of the size of the overall Canadian economy during the 2008 recession, it rose to 95 per cent in 2010 and by 2021 debt exceeded its size. "While U.S. households reduced debt, Canadians increased theirs and this will likely continue."

At the end of 2021 Canada’s household debt-to-GDP ratio was at 107 per cent, according to the report.

I'm sure a Socialist Democracy in the US would be totally different....yea, sure.

Household debt in Canada reaches highest level amongst all G7 countries

Canada does so many things better than the US. USA needs socialized medicine just like Canada.

 

[Thinker101]

Canada does so many things better than the US. USA needs socialized medicine just like Canada.

Wow, really!? Someone didn't read the post.

 

[ScorpioRising007]

Wow, really!? Someone didn't read the post.

NO I read your post. So what if household debt in Canada went up, it is all worth it for Socialism. Sometimes sacrafices have to be made for socialism. Debt increases oh well, socialism is well worth it in my opinion.

 

[Thinker101]

NO I read your post. So what if household debt in Canada went up, it is all worth it for Socialism. Sometimes sacrafices have to be made for socialism. Debt increases oh well, socialism is well worth it in my opinion.

Great, we'll see how well you like it when you run out of money.

 

[Red Front]

Great, we'll see how well you like it when you run out of money.

A country with a sovereign fiat currency, can't run out of money, any more than the scorekeeper in a football game can run out of points to give the scoring team.

 

[Thinker101]

A country with a sovereign fiat currency, can't run out of money, any more than the scorekeeper in a football game can run out of points to give the scoring team.

Brilliant, so when that $2 loaf of bread costs $20, the country will just print more money...brilliant, just brilliant....dumbass.

 

[Red Front]

Brilliant, so when that $2 loaf of bread costs $20, the country will just print more money...brilliant, just brilliant....dumbass.

You're such a moron. I never said that the government can print money without limits, that's your straw man argument. Our GDP was 25 trillion dollars last year, so we wouldn't have "too much money" in people's hands (the private sector) to cause the price of bread to go up 1000%, for canceling the student debt or extending Medicare to every American citizen and legal resident. That would only cost a mere fraction of our GDP.

If the US federal government was to deposit 10 million dollars in every American citizen's checking account, then of course we would have hyperinflation and our economy would collapse. Hardly anyone would go to work the next day, and all production would come to a screeching halt. But that's not what I'm proposing that we should do. The scorekeeper still has to follow the rules of the game, even if he has an infinite number of points to give. He can't just arbitrarily give one of the teams a million points, because that would destroy the game.

Within the rules or parameters of our production capacity (GDP: 25 trillion dollars), we can easily cancel the student debt and extend Medicare to all Americans. We would actually save money in the long run and increase production. America would become more productive, healthier, competitive, and independent.

 

[ralfy]

Non-profit, publicly-owned production isn't "state capitalism". Marxist communism is a stateless society, without socioeconomic classes or the need for money. It's not "state capitalism", since according to Marx and Engels, the state becomes superfluous and "withers away".

Socialism is the process that leads to high-communism. It's the transitional phase from capitalism to communism. It requires advanced technology, in order to eliminate scarcity. High communism, doesn't work without advanced automation and efficiency in production.

Marxism involves a process leading to a classless society, or what you refer to as "high communism." That takes place through capitalism, which isn't an ideology but a process involving manufacturing. The difference is that for Communists private property is abolished, which is why they have state capitalism and not bourgeois capitalism. If there is any lack, then they will settle for cooperatives.

Meanwhile, socialism refers to a range of regulations and social ownership, and there are no capitalist economies that have neither.

 

[Soupnazi630]

Venezuela's middle class has all but disappeared under a pernicious, elitist capitalism. That's why they finally elected Hugo Chavez.

Wrong he destroyed their middle class and the nation in general

 

[surada]

Wrong he destroyed their middle class and the nation in general

That's why they elected Chavez because they had no middle class. All the wealth and oil revenues went to the elite circle and the leadership. Read the history of Venezuela.

 

[Soupnazi630]

That's why they elected Chavez because they had no middle class. All the wealth and oil revenues went to the elite circle and the leadership. Read the history of Venezuela.

I have and you are quite wrong he destroyued the middle class and the nation

 

[Dadoalex]

My bad, for those of you that would prefer a Socialist Democracy.

Household debt in Canada reaches highest level amongst all G7 countries.
While household debt made up 80 per cent of the size of the overall Canadian economy during the 2008 recession, it rose to 95 per cent in 2010 and by 2021 debt exceeded its size. "While U.S. households reduced debt, Canadians increased theirs and this will likely continue."

At the end of 2021 Canada’s household debt-to-GDP ratio was at 107 per cent, according to the report.

I'm sure a Socialist Democracy in the US would be totally different....yea, sure.

Household debt in Canada reaches highest level amongst all G7 countries

 

[surada]

I have and you are quite wrong he destroyued the middle class and the nation

The middle class was destroyed before Chavez. He made some good changes like Petro Caribe before the oil prices collapsed.

 

[Soupnazi630]

The middle class was destroyed before Chavez. He made some good changes like Petro Caribe before the oil prices collapsed.

They were thriving before him and he drove thme into extreme poverty

 

[Ringo]

Free market is also the free Black market, which they are afraid to talk about - slavery, child prostitution, the sale of people for organs, the drug and arms market etc. Behind them are always "respectable people" who have managed to ensure that "the state does not interfere in business".