Capitalism is economic tyranny Socialism is economic democracy.

Can't you read? The chart proved your claim is false. Income inequality in China is not only not the highest in the world, it is far lower than in many capitalist countries, including the USA.

 

The means of production is labor but resources. Resources are resources. Production is what you make out of them with the means as in labor and you get to determine the value of your labor by obtaining skills.

no need for the lecture.

so why have most advancements happened human history in places where you have the ability to own your innovations?

Libra can beyond that's what people get paid for. If you didn't have a choice of whether to sell your labor or not that would be slavery. And you do have that choice who you going to sell it to what you're going to do how skilled you are how much you're going to sell it for that's all up to you.

I decided I'm not going to read any of this crap you don't really have an understanding of what you're talking about it seems so I'm not going to try and pick through all of this bologna and tell you how wrong you are.

Capitalism is the trading of things of value that's all it means. Your crap about landowners or owning the means of production without really knowing what that even means is notwithstanding.

 

And yet socialism has failed every time it's been tried. If you seriously think China or HK are good examples of successful "socialism - you need to reconsider.

. And failed economics, apparently.

 

No. You are objectively wrong. You will find that happening a lot, as long as you presume to dispute with me. In the definitions of capitalism and socialism, "the means of production" that are privately or collectively owned, respectively, consist of natural resources and producer goods. NOT LABOR.

<sigh> No. That is nothing but preparation for your equivocation fallacy. There is a difference between natural resources -- the physical universe other than people and the products of their labor -- and "resources" meaning factors that can be devoted to a particular purpose. You just want to disingenuously equivocate between them.

That is anti-economic gibberish. Production is relief of scarcity by applying labor to the means of production.

No, the market determines all values.

There is a great need for the lecture, as your "argument" consists of denying indisputable facts and the definitions of the relevant terms.

Depends what you call, "advancements." The most intellectually productive population in history, per capita, was indisputably that of ancient Athens, where no one ever had a patent or copyright. If you are talking about total intellectual products, most of them happened in modern countries with IP monopolies because they happened recently, when the population was much larger.

Wrong. People get paid for performing labor, not transferring it as they would an owned item.

No, slavery is labor compelled by force. Not being able to choose to sell your labor is therefore not slavery.

I have demolished and humiliated you for your false, absurd, and disingenuous garbage; you know it; and you have no answers. Simple.

No. The dictionary says you are wrong. That proves you are objectively wrong. I'm not sure there is any clearer or simpler way of explaining that to you.

<yawn> Having taught economics at the post-secondary level, I know incomparably more of the subject than you, and attentive, informed, honest and intelligent readers are aware of that fact.

 

I have stated explicitly, several times, in this thread, that China has been geoist, not socialist, for ~40 years, and HK has been geoist for over 170 years, and never socialist AFAIK. When China was socialist, under Mao and his immediate successors, it was a comprehensive economic failure. Why are you falsely and disingenuously pretending I have said China or HK are examples of successful socialism when I have said the opposite, here in this thread, multiple times?

I teach economics at the post-secondary level.

Can you find a willingness to learn from being proved objectively wrong?

 

False there are 2 recorded instances of any type of patent prior to the UK in 1331 and those systems in 500BC and 300AD gave people who advanced "new refinement in luxury" and created new dishes respectively to receive the "profits" for up to a year. https://en.wikipedia.org/wiki/History_of_patent_law

So no Humans didn't create our biggest advancements in places where they would get personal gain. It's only been a recent thing because people used to want to advance society on its own.

 

It was successful in the United States until trickle down in the 80s FDR was a socialist.

Edit- Actually he was scared of a communist revolution so he implemented many socialist policies to quell the Communist and Socialist movements which gave the US the strongest middle the world had ever seen.

 

What 'socialist' policies were they?

And please don't include things like roads, public schools, and welfare etc - because none of those are even remotely socialist. Just list the things that are actually socialist (ie collectivist). The military is the only one I can think of which comes close. If there are others, please share them.

 

No, those "patents" were entirely different from modern invention patents. At that time, a "patent" was just a royal grant of a privilege, often a monopoly. So one could get a "patent" on, say, the cinnamon trade in a certain city, and no one else would be permitted to sell cinnamon there. Patents were often granted to political favorites, entitling them to charge tolls on public roads, or for use of rivers and canals, etc., or just to be the sole provider of a certain product to the king and court. Back then, it was thought that a patent was an easy way to reward someone without having to raise taxes, because people didn't understand that grants of monopoly are very economically destructive, and aggravate scarcity. It wasn't until the French physiocrats figured it out in the 18th century and started advocating laissez faire that people started questioning the wisdom of granting monopolies. The reason the US Constitution includes grants of monopoly for inventions and literary works is that at that time, it was still the default method of rewarding service to the community.

 

That is false and absurd.

 

To those who think the socialist alternative gravy train will work in the US. To them, I say, get a job.

 

make sure you don't collect social security when you retire.

 

Make sure you don't offer unsolicited advice to people in your real life.
SS is not socialism. Please learn something new today.

 

So you support Medicare for all? That the GOP keeps calling socialist? If Social Security isn't socialist then neither is Medicare for all.

 

Why not admit that you were wrong to call social security socialism instead?

 

I know social security isn't socialism since we pay into it ourselves its more on an entitlement, yet that would be the same thing for Medicare for all everyone pays into it and everyone can use it. Yet the GOP calls it socialism.

 

If you know then why did you say the repost below to me?

Trixare4kids said: ↑
To those who think the socialist alternative gravy train will work in the US. To them, I say, get a job

I don't give a **** what the GOP calls it.

 

Tyranny can only derive from a centralized authority. So ask, is socialism a centralized authority or is capitalism?

 

Capitalism is more centralized since it inevitably leads to a few people controlling 90%+ of any given industry vs socialism which gives workers shared control of industries.

 

How is Capitalism making you do anything?

 

What obstinate refusal? Who cares what you say?

I have no interest in mindless denial. If that's all you have I'll just end it there. I don't deal with pigheadedness.

 

More advancements happened in the last two centuries than the previous 23.

yes they do.

no they didn't. Personal gain is an instinct born into humans since our first appearance.

 

Well...Landlords which bring no value to society jack up the cost of housing making people have to work extra hours or multiple jobs just to get a roof over their head. Corporations jack up food prices to make ever larger profits. Healthcare...all of which are necessities are made intentionally to require most people to spend their lives slaving away for bosses who pay mediocre pay just to survive.

 

Fake News.
Free Markets are Freedom,
Socialism is Tyranny.

 

Socialism is economic slavery.