I think you'll find that foolishly chose Hillary. I'm a socialist and I can tell you, with all certainty, that Bernie is a social democrat. Perhaps he uses the socialist tag because Americans are clueless over what social democracy means?
Free market principles are the driving force of economic growth. That is why global economies are implementing free market capitalism reforms and have been doing so for decades.
You're just repeating cliche. Why do you think the IMF have stated that income inequalities are now harming economic growth rates? Provide the economics in defence. Perhaps some call for the recall of failed supply side economics?
wrong of course he has supported many many communist causes in his life and his career is doing very very well by using stepping stones to communism to dupe the American public. He honeymooned in USSR, supported Sandinistas and single payer communism, honeymooned in USSR, and slipped by saying, " its silly to have 23 brands of deodorant when people are going hungry." That is straight out of the Marxist play book.
There is no clichés involved. I've stated the truth. Supply side economics provide superior economic growth rates and increasing real median household incomes and consequently higher standards of living. Income distribution is meaningless.
who cares about IMF they have nothing to do with capitalism and have nothing important to say about it. Ever heard of East/West Germany, Cuba/Florida?
There has been a genuine supply-side experiment. 1980s Thatcherism. End result? Deindustrialisation, rapid increase in child poverty and the worst depression that Britain has arguably had.
agree: Cuba/Florida, East/West Germany, Hong Kong/China. North Korea/South Korea. China just switched to Republican supply side capitalism and instantly eliminated 40% of the entire planets poverty. Do you understand?
wrong like usual!! Wiki: Most of the major British political parties today accept the trade union legislation, privatisations and general free market approach to government that Thatcher's governments installed. No major political party in the UK, at present, is committed to reversing the Thatcher government's reforms of the economy. Although in the aftermath of the Great Recession from 2007 to 2012, the then Labour Party leader, Ed Miliband, had indicated he would support stricter financial regulation[58] and industry focused policy,[59] in a move to a more mixed economy. In 2011, Miliband declared his support for Thatcher's reductions in income tax on top earners, her legislation to change the rules on the closed shop and strikes before ballots, as well as her introduction of Right to Buy, claiming Labour had been wrong to oppose these reforms at the time.[60] Moreover, the UK's comparative macroeconomic performance has improved since the implementation of Thatcherite economic policies. Since Thatcher resigned as British prime minister in 1990, UK economic growth was on average higher than the other large EU economies (i.e. Germany, France and Italy). Additionally, since the beginning of the 2000s, the UK has also possessed lower unemployment, by comparison with the other big EU economies. Such an enhancement in relative macroeconomic performance is perhaps another reason for the apparent "Blatcherite" economic consensus, which has been present in modern UK politics for a number of years.[citation needed]
China had no supply of anything and 60 million slowly starved to death. Today they have have Republican supply side economics, a supply of everything and people are getting rich rather than starving to death under demand side socialism.
That you thought a wiki quote would be sufficient does make me smile. Refer to how Thatcherism didn't induce deindustrialisation. Refer to how it didn't increase child poverty. Refer to the 1980s recession and show how the economic analysis into the impact of monetarism is wrong.
it was a wiki quote that quoted what others in England thought that directly contradicted what you thought without any evidence at all. See how easy you are?
100% moronic to quibble about child poverty under Thatcher when we have Cuba /Florida to look at and 132 other clear examples. How was child poverty in China under socialism when 60 million slowly starved to death?
What a dreadful comment! We had Britain with the highest child poverty rate in the West, dwarfing all. But we should just ignore it and celebrate Thatcherism because some unknown in the US can copy and paste from wiki?
capitalism is the opposite of a dictatorship. Capitalism is when people are economically free as they largely are in China.
I'm gobsmacked at the ignorance. China is a dictatorship. It has strengthened its human rights abuses and significantly restricted freedoms. And you ignore that? I've never seen such contempt for reality
Our subject? There's nothing economics about your position. I have never seen anyone suggest that China is a democracy. I have never seen someone ignore reality in its dictatorship. You sure you're not Donald Trump?