How socialism actually works and how it eventually ends.......

[2aguy]

The owner of Home Depot doesn't seem to believe that.

And? So?

Capitalism is the free exchange of goods and services....it is the economic system that has been the most successful in human history.

 

[pknopp]

And? So?

Capitalism is the free exchange of goods and services....it is the economic system that has been the most successful in human history.

That might be true if it was actually practiced somewhere. Is my first link an example of capitalism? If not, that is our economic system.

You want to argue theories as opposed to realities.

We have no free exchange of anything. (other than maybe black markets)

 

[2aguy]

That might be true if it was actually practiced somewhere. Is my first link an example of capitalism? If not, that is our economic system.

You want to argue theories as opposed to realities.

We have no free exchange of anything. (other than maybe black markets)

Yep....and the more government is involved, the more inefficient and unfair the economic system becomes.

 

[pknopp]

Yep....and the more government is involved, the more inefficient and unfair the economic system becomes.

OK, so quit trying to pretend we are something we are not. That's the gist of the thread. A guy who happily scoops up the money from our Socialists programs condemning others for programs that don't even seem to exist.

 

[notmyfault2020]

Saw this on my facebook page........explains socialism so that even a left wing socialist could understand it...........just kidding, if they could understand this, they wouldn't be socialists......so this is for rational, normal people....

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that. (Please pass this on)

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

I will indeed pass on this entire "essay"

But I will bet that professor got canned, eh?

 

[Blues Man]

Socialism, quotas, welfare and set asides are for losers who can't make it on their own.

Like the bail outs given to big corporations?

 

[Blues Man]

Saw this on my facebook page........explains socialism so that even a left wing socialist could understand it...........just kidding, if they could understand this, they wouldn't be socialists......so this is for rational, normal people....

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that. (Please pass this on)

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

Fact is grading on a curve is the standard in colleges today.

I never got a college degree but I have taken dozens of classes at Universities and State Colleges near me and without fail every test was graded on a curve.

 

[pknopp]

Fact is grading on a curve is the standard in colleges today.

I never got a college degree but I have taken dozens of classes at Universities and State Colleges near me and without fail every test was graded on a curve.

My daughter is in college. She isn't graded on a curve. Many have dropped out or had to take Music theory over because they are unable to pass it. (She wants to be a music teacher in the schools). Even though she is going to be graduating in the summer with honors she didn't get A's in the class either.

 

[Lakhota]

What Is Privatizing Profits and Socializing Losses?​

Privatizing profits and socializing losses refers to the practice of treating company earnings as the rightful property of shareholders and company losses as a responsibility that society must shoulder. In other words, the profitability of corporations is strictly for the benefit of their shareholders. But when the companies fail, the fallout—the losses and recovery—is the responsibility of the general public.

Privatizing Profits and Socializing Losses - Investopedia​

 

[2aguy]

What Is Privatizing Profits and Socializing Losses?​

Privatizing profits and socializing losses refers to the practice of treating company earnings as the rightful property of shareholders and company losses as a responsibility that society must shoulder. In other words, the profitability of corporations is strictly for the benefit of their shareholders. But when the companies fail, the fallout—the losses and recovery—is the responsibility of the general public.

Privatizing Profits and Socializing Losses - Investopedia​

And that is only allowed to happen when the government steps in and bails out the company...that is socialism, not capitalism.

In actual capitalism, there would be no bail outs by the government.....you need to blame socialism, not capitalism for bail outs.....

 

[pknopp]

And that is only allowed to happen when the government steps in and bails out the company...that is socialism, not capitalism.

That is what we do, hence we do not practice Capitalism like so many want to pretend.

In actual capitalism, there would be no bail outs by the government.....you need to blame socialism, not capitalism for bail outs.....

Noted, we are not a Capitalist economy like so many pretend we are.

 

[wamose]

Like the bail outs given to big corporations?

Of course. That's a form of corporate welfare. Welfare distorts our markets, just like the unlimited illegal immigration Biden created on our southern border.

 

[pknopp]

Of course. That's a form of corporate welfare. Welfare distorts our markets, just like the unlimited illegal immigration Biden created on our southern border.

Those jobs have to be filled.

 

[C_Clayton_Jones]

Saw this on my facebook page........explains socialism so that even a left wing socialist could understand it...........just kidding, if they could understand this, they wouldn't be socialists......so this is for rational, normal people....

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed. Could not be any simpler than that. (Please pass this on)

These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.

A truly ignorant, wrongheaded post.

And no one ‘advocates’ for ‘socialism.’

 

[pknopp]

A truly ignorant, wrongheaded post.

And no one ‘advocates’ for ‘socialism.’

Everyone does. Everyone loves their socialism when it is benefitting them.

 

[Mac-7]

Corporations receiving government hand outs = Capitalism

The people receiving government hand outs = Socialism.

Corporations ate not getting gov handouts

 

[pknopp]

Corporations ate not getting gov handouts

LOL, OK, if you say so. LOL

Trump's payments to farmers hit all-time high ahead of election

 

[notmyfault2020]

Yep....and the more government is involved, the more inefficient and unfair the economic system becomes.

AMEN

gummit is like Midas except that virtually everything gummit touches turns to worthless crap

 

[Mac-7]

LOL, OK, if you say so. LOL

Trump's payments to farmers hit all-time high ahead of election

Some “farmers” are corporations but many are individuals who suffered because of trade war reprisals from china

But thats a different issue all to itself

And a very complicated one

Even so, I am not comfortable with gov subsidies to farmers just do they can export to china

Thats very stupid on our part

 

[Couchpotato]

Corporations receiving government hand outs = Capitalism

The people receiving government hand outs = Socialism.

As we've moved toward socialism it seems to me that corporations get more handouts. Just saying.