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Re: 5 myths about Socialism

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@ChasKy53  Nicely put.  I still say our "capitalism"  has become "crony capitalism", which, imo, appears to be the welfare system to the rich!


@ChasKy53 wrote:

@easyed598 wrote:

Socialism-You can put lipstick on a pig but it is still a pig.  There is no country in the world where socialism has actally worked . Capitalism is what has made this country great and other countries want to emulate. 2020 election will be Capitalism versus Socialism and this is the fight the Republicans want to have.


Socialist principles and a progressive tax structure were blended into our capitalist society (capitalism) from after the depression into the 1970's. It created a thriving middle class, made many wealthy, and created the largest economy in the world.

 

In came Reagan and 'trickle down" (screw everyone but the wealthiest) economics. It has brought us to almost half of our society not earning enough to pay a federal income tax, a shrinking middle class with 80% of our society living paycheck to paycheck, while the wealthiest are getting wealthier at record rates.

 

Socialism blended with capitalism is the most successful formula and we need to get back to it.  Yes history is our best teacher, too bad so many seem to ignore it.


 

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Re: 5 myths about Socialism

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Message 92 of 97

@easyed598 wrote:

Socialism-You can put lipstick on a pig but it is still a pig.  There is no country in the world where socialism has actally worked . Capitalism is what has made this country great and other countries want to emulate. 2020 election will be Capitalism versus Socialism and this is the fight the Republicans want to have.


It is also well known that Capitalism and Communism  do not work.  they both have been failures for a very long time. They both have defects that are not what countries need for them to grow.

Each of those economic ideas have evolved   into different things that have been adopted in many countries. examples China, Russia and even in the US although here the inequality of economic classes have been a deterrent for a real growth in this society. but there are other countries in which Capitalism as it has evolved  works quite well.

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Re: 5 myths about Socialism

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@rk9152 wrote:

The recovery from the devastation of WWII was truly amazing - of course with massive funding from the US. It showed the truth in the theory of Keynes. However, what is being overlooked is that you go into Keynesian economics to correct a bad economy and then get out of it and begin to save the next time it is needed. It was never intended to be a permanent situation.

 

As to the welfare aspect of it - the same applies. You use the tools available to assist in rebuilding and then get out. Keynes never envisioned permanent welfare to people or to the economy.

 

On the other hand, we do have programs like SS and Medicare which are often called socialist. These are government programs however, they are not hand-outs, they are enforced saving and enforced medical insurance programs. .


Sounds a lot like the Canadian health care system and the state managed retirement systems of the Nordic countries.

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Re: 5 myths about Socialism

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@easyed598 wrote:

Socialism-You can put lipstick on a pig but it is still a pig.  There is no country in the world where socialism has actally worked . Capitalism is what has made this country great and other countries want to emulate. 2020 election will be Capitalism versus Socialism and this is the fight the Republicans want to have.


Socialist principles and a progressive tax structure were blended into our capitalist society (capitalism) from after the depression into the 1970's. It created a thriving middle class, made many wealthy, and created the largest economy in the world.

 

In came Reagan and 'trickle down" (screw everyone but the wealthiest) economics. It has brought us to almost half of our society not earning enough to pay a federal income tax, a shrinking middle class with 80% of our society living paycheck to paycheck, while the wealthiest are getting wealthier at record rates.

 

Socialism blended with capitalism is the most successful formula and we need to get back to it.  Yes history is our best teacher, too bad so many seem to ignore it.


"The only thing man learns from history is man learns nothing from history"
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Re: 5 myths about Socialism

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@Richva wrote:

Communism certainly failed, but social democracy has arguably been the single most successful modern ideology or political movement. Stable European democracies arose after World War II because a social consensus married relatively free markets and private ownership of the means of production with expanded welfare states, progressive taxation and other forms of government intervention in the economy and society. Without the impressive economic results generated by the market, the huge improvements in living standards in the West after the war would not have been possible; the 30 years after 1945 were Europe’s fastest period of economic growth ever. But without the welfare state, the benefits of growth would not have been distributed so widely: Inequality declined dramatically during the postwar decades.

 

 

https://www.washingtonpost.com/outlook/five-myths/five-myths-about-socialism/2019/03/01/692e1d84-3b7...


The recovery from the devastation of WWII was truly amazing - of course with massive funding from the US. It showed the truth in the theory of Keynes. However, what is being overlooked is that you go into Keynesian economics to correct a bad economy and then get out of it and begin to save the next time it is needed. It was never intended to be a permanent situation.

 

As to the welfare aspect of it - the same applies. You use the tools available to assist in rebuilding and then get out. Keynes never envisioned permanent welfare to people or to the economy.

 

On the other hand, we do have programs like SS and Medicare which are often called socialist. These are government programs however, they are not hand-outs, they are enforced saving and enforced medical insurance programs. .

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Socialism-You can put lipstick on a pig but it is still a pig.  There is no country in the world where socialism has actally worked . Capitalism is what has made this country great and other countries want to emulate. 2020 election will be Capitalism versus Socialism and this is the fight the Republicans want to have.

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5 myths about Socialism

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Communism certainly failed, but social democracy has arguably been the single most successful modern ideology or political movement. Stable European democracies arose after World War II because a social consensus married relatively free markets and private ownership of the means of production with expanded welfare states, progressive taxation and other forms of government intervention in the economy and society. Without the impressive economic results generated by the market, the huge improvements in living standards in the West after the war would not have been possible; the 30 years after 1945 were Europe’s fastest period of economic growth ever. But without the welfare state, the benefits of growth would not have been distributed so widely: Inequality declined dramatically during the postwar decades.

 

 

https://www.washingtonpost.com/outlook/five-myths/five-myths-about-socialism/2019/03/01/692e1d84-3b7...

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